IvanLabrie
Long

QQQ: Monthly time at mode analysis

NASDAQ:QQQ   POWERSHARES QQQ TRUST
In this chart we can observe the currently active time at mode signal in the monthly QQQ             chart.
The uptrend has a long way to go still, so I expect further upside.
You should be long a few stocks by now, or at least long QQQ             or QLD             , or SPY             .
Let's see how this evolves.

Good luck,

Ivan Labrie.
Trade active: You can long here with stop at 115.84
Comment: We can move stops to today's low plus 1 tick. (I'm getting back in tomorrow, I closed before FOMC)
We can also buy dips to add to the trade, and keep the stop higher, to maintain 0.5-1% risk exposure here.
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