Bullish Theory
Scenario 1. QQQ first Pullbacks to 366.60 then goes to 373 blowing past it and going straight to 383.25 backtraces to 377-376 then continues its rise to 394 hitting some Resistance then finally hitting 400
Scenario 2 QQQ FIrst pulls back to 366.60 then does not manage to breakthrough but breaks down to 358-360 then it goes back to 366.60 and follows the same pattern as Scenario 1
Scenario 3- QQQ Opens at 374 then returns to 370.60 makes its way to 383 back to 377 then retests to 383 goes back down to 379 flys to 390 hits Resistance touches back to 385 then flys straight to 400
this is only my hypothesis any trade you make you make on your own. and I am not liable for any Losses
Scenario 1. QQQ first Pullbacks to 366.60 then goes to 373 blowing past it and going straight to 383.25 backtraces to 377-376 then continues its rise to 394 hitting some Resistance then finally hitting 400
Scenario 2 QQQ FIrst pulls back to 366.60 then does not manage to breakthrough but breaks down to 358-360 then it goes back to 366.60 and follows the same pattern as Scenario 1
Scenario 3- QQQ Opens at 374 then returns to 370.60 makes its way to 383 back to 377 then retests to 383 goes back down to 379 flys to 390 hits Resistance touches back to 385 then flys straight to 400
this is only my hypothesis any trade you make you make on your own. and I am not liable for any Losses
Comment:
QQQ Is Still Bullish and still in Path to Hit 373, if we go below 369, 366 will be the next Pivot Point.
Trade closed manually
Order cancelled