WE MENTIONED TO OUR SUBSCRIBERS THAT IN 19 YEARS OF DATA THE QQQ HAS ONLY 1 OUT OF 988 WEEKS HAD 3 WEEKS IN A ROW WHEN MONDAY WAS THE HIGH EACH WEEK!!!
YESTERDAY WE STARTED TO GET A GLIMMER OF HOPE THAT THE RALLY COULD CONTINUE AND MONDAY'S HIGH 285.29 MIGHT GET TAKEN OUT BY CLOSE TODAY...WELL THE RESPONSE AFTER HOURS TO THE BIG EARNINGS BASICALLY TOOK THAT POSSIBILITY OFF THE TABLE WITH THE GAP DOWN INTO FRIDAYS OPEN!!
SO WE HAVE AN INTERESTING STAT TO SHARE FOR FRIDAY.
FRIDAY OPENS >-$2.00 AND THE 1ST 30 MINUTE HIGH IS NOT BROKEN BY MORE THAN $2.50
OUR MODEL PREDICTS THAT NEXT WEEK(ELECTION WEEK) THE LOW WILL BE EITHER MONDAY OR TUESDAY...AND THE HIGH WILL BE FRIDAY FOR NEXT WEEK!!!!!!!!!!!
PLEASE NOTE THAT RECORDS ARE MEANT TO BE BROKEN (BABE RUTH'S WAS) SO WE WILL BUY CALLS MONDAY AND/OR TUESDAY, AND IF TUESDAY LOW IS BELOW MONDAY LOW IT WILL LIKELY BE MUCH LOWER THAN MONDAY.
SO NOW WE WILL MONETIZE THAT INTO A HUGE PROFIT FOR OUR SUBSCRIBER'S!!!
IT DOES NOT MATTER IF MONDAY'S LOW IS ABOVE OR BELOW TODAY'S LOW
IT DOES NOT MATTER IF MONDAY'S HIGH IS ABOVE OR BELOW FRIDAY'S HIGH
IT DOES NOT MATTER IF MONDAY CLOSES UP OR DOWN
BACK TO TODAY'S TRADE:
WHEN FRIDAY OPENS > -$2.00 (AS OF 30 MINUTES BEFORE THE OPEN 274.25)
83% OF THE TIME THE GAP DOES NOT FILL
IF THE 1ST 30 MINUTE HIGH IS NOT BROKEN BY MORE THAN $1.00 THEN FRIDAY WILL CLOSE BELOW THAT 30 MINUTE HIGH
WE WILL BUY PUTS IF THAT SCENARIO PLAYS OUT AND WE LOOK FOR A NEW LOW FOR THE WEEK UNDER WEDNESDAY LOW 271.39 AS OUR TARGET.
PLEASE BE AWARE THAT IN 2020 MOST SELLOFFS DURING FRIDAY USUALLY HAVE A BIG BOUNCE INTO THE CLOSE SO BE NIMBLE AND WATCH OUT FOR THAT BOUNCE!!!
YESTERDAY WE STARTED TO GET A GLIMMER OF HOPE THAT THE RALLY COULD CONTINUE AND MONDAY'S HIGH 285.29 MIGHT GET TAKEN OUT BY CLOSE TODAY...WELL THE RESPONSE AFTER HOURS TO THE BIG EARNINGS BASICALLY TOOK THAT POSSIBILITY OFF THE TABLE WITH THE GAP DOWN INTO FRIDAYS OPEN!!
SO WE HAVE AN INTERESTING STAT TO SHARE FOR FRIDAY.
FRIDAY OPENS >-$2.00 AND THE 1ST 30 MINUTE HIGH IS NOT BROKEN BY MORE THAN $2.50
OUR MODEL PREDICTS THAT NEXT WEEK(ELECTION WEEK) THE LOW WILL BE EITHER MONDAY OR TUESDAY...AND THE HIGH WILL BE FRIDAY FOR NEXT WEEK!!!!!!!!!!!
PLEASE NOTE THAT RECORDS ARE MEANT TO BE BROKEN (BABE RUTH'S WAS) SO WE WILL BUY CALLS MONDAY AND/OR TUESDAY, AND IF TUESDAY LOW IS BELOW MONDAY LOW IT WILL LIKELY BE MUCH LOWER THAN MONDAY.
SO NOW WE WILL MONETIZE THAT INTO A HUGE PROFIT FOR OUR SUBSCRIBER'S!!!
IT DOES NOT MATTER IF MONDAY'S LOW IS ABOVE OR BELOW TODAY'S LOW
IT DOES NOT MATTER IF MONDAY'S HIGH IS ABOVE OR BELOW FRIDAY'S HIGH
IT DOES NOT MATTER IF MONDAY CLOSES UP OR DOWN
BACK TO TODAY'S TRADE:
WHEN FRIDAY OPENS > -$2.00 (AS OF 30 MINUTES BEFORE THE OPEN 274.25)
83% OF THE TIME THE GAP DOES NOT FILL
IF THE 1ST 30 MINUTE HIGH IS NOT BROKEN BY MORE THAN $1.00 THEN FRIDAY WILL CLOSE BELOW THAT 30 MINUTE HIGH
WE WILL BUY PUTS IF THAT SCENARIO PLAYS OUT AND WE LOOK FOR A NEW LOW FOR THE WEEK UNDER WEDNESDAY LOW 271.39 AS OUR TARGET.
PLEASE BE AWARE THAT IN 2020 MOST SELLOFFS DURING FRIDAY USUALLY HAVE A BIG BOUNCE INTO THE CLOSE SO BE NIMBLE AND WATCH OUT FOR THAT BOUNCE!!!