QQQ MOP TRADE FRIDAY...WE MADE 100%+ ROI YESTERDAY

THE MODEL PREDICTED THAT MONDAY'S LOW WOULD NOT HOLD, AND IT WAS CONFIRMED THURSDAY!

WE DID NOT BUY PUTS YESTERDAY, BUT WE DID BUY CALLS ON THE HUGE DROP. OUR 284 CALL TRADE MADE OVER 100% ROI!!!

THURSDAY'S BOUNCE WAS SIGNIFICANT, AND IT WORKED ITS WAY BACK TO UNCHANGED AT THE CLOSE...NICE BOUNCE!

FRIDAY TRADE:

IF 1ST 30 MINUTES FRIDAY HIGH > 285.98:

WE WILL BUY 285 CALLS ON ANY PULLBACK, AND IF THE MORNING LOW IS BROKEN WE WILL CONTINUE TO AVG DOWN AND CONTINUE TO BUY CALLS LIKE WE DID THURSDAY


IF 1ST 30 MINUTES FRIDAY HIGH < 285.98:

WE WILL BUY 286 PUTS IF THE HIGH ESTABLISHED DOES NOT BREAK, AND WE WILL EXPECT THE 30 MINUTE LOW TO BREAK. PLEASE UNDERSTAND THAT FRIDAYS THIS YEAR HAVE LEAD TO LARGE BOUNCES OFF OF THE FRIDAY LOW SO IT IS IMPORTANT TO BE NIMBLE AND DO NOT BE GREEDY WITH PUT TRADES!

Comment:

IF THE 30 MINUTE HIGH IS BELOW 285.98 AND THE 30 MINUTE LOW HOLDS
BUY CALLS EXPECTING EXPECTING 30 MINUTE HIGH TO BE BROKEN.

BUT...IF THE 30 MINUTE LOW BREAKS AND YOU BOUGHT CALLS BEFORE YOU MUST SELL THOSE CALLS AND BUY PUTS IF THE QQQ HIGH CANNOT GET BACK ABOVE THE VWAP.

Comment:

I MUST ADD THIS...OUR MODEL STILL POINTS TO A HIGH PROBABILITY OF A FRIDAY LOW THIS WEEK. WE ARE PROJECTING THAT IF FRIDAY HIGH IS BELOW 285.98 THAT WILL INCREASE THE ODDS EVEN MORE! THE CLOSE YESTERDAY LOOKS BULLISH, AND OPENING UP TODAY ADDS TO THAT BULLISHNESS...SO 285.98 HIGH IS VERY IMPORTANT PIVOT POINT.