N0tSwift

QQQ - Slide to Fill Gaps, then Rise To Blue Trend line

NASDAQ:QQQ   INVESCO QQQ TRUST UNIT SER 1
Reaction to the election popped us out of existing channels. A couple of large gaps are showing and look to call us downward to fill.
Following fill, we should bounce off of 50/200 SMAs and the former trend and start up to the blue trend line , then...who knows.
Most likely case back down.
Comment: Unfortunately it didn't work out this way...at least not today. But market futures are negative across the board, so it may play out tomorrow or Monday. Pre-Market SQQQ turned a small profit on the small upward movement at the end of the day. Long term, I'm trending bullish, and put long term money into USD, QCLN, OGIG and ROM today. Short term, I think we fill gaps, then back up still.

Comments

I'm thinking the same. Good work!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out