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Mustangsvt281
Mar 27, 2024 2:58 PM

$QQQ Day Trade breakdown  

Invesco QQQ Trust, Series 1NASDAQ

Description

As a day trader one of our best trigger levels come from the previous day low/closing price. Well this happened to be both here on QQQ and we have a steep correction into $443 level which was the previous day low/close. We see the bear flag form back into resistance and we look to take it short here for a move further to the downside.

Comment

quickly weekly expirations contracts paid 20% but not what i was expecting as far as moves go
Comments
zAngus
Always interesting to see how other people place their trades. Thanks for sharing.
Mustangsvt281
@zAngus, thank you!
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