QQQ MOP TRADE (MONDAY OR TUESDAY LOW WEEK)
DID ANYONE NOTICE HOW MONDAY'S LOW BOUNCED OFF THE TREND LINE GOING BACK TO AUGUST LOW? THAT IS SIGNIFICANT ONLY IF WE SEE A BOUNCE STARTING TUESDAY, AND THE QQQ'S CAN START TO MAKE HIGHER HIGHS FROM HERE!
WE MENTIONED THAT ONLY ONCE IN 988 WEEKS(19 YEARS) THE QQQ'S HAD 3 CONSECUTIVE MONDAY HIGH WEEKS (SEPT 2008 ONLY OTHER TIME). QQQ'S HAVE NEVER HAD 4 CONSECUTIVE WEEKS OF MONDAY HIGHS!!!
SO WITH THAT SAID DO WE THINK THAT YESTERDAY'S HIGH (273.52) WILL BE THE HIGH FOR THIS WEEK? WE ARE BETTING IT WILL NOT, AND WE WILL BE ADVISING OUR SUBSCRIBER'S TO BE IN CALLS ON ELECTION DAY ESPECIALLY IF TUESDAY'S LOW IS ABOVE MONDAY'S LOW.
OUR MODEL SEES THE 1ST 30 MINUTE RANGE BREAKING IN BOTH DIRECTIONS, AND IF OUR ANALYSIS IS CORRECT THE BREAKOUT WILL HAVE A HEAD FAKE WHEN THE LOW IS BROKEN. MAYBE IT WILL FILL THE OPENING GAP, BUT WILL THE QQQ'S TRADE UNDER MONDAY'S CLOSE FOR AN EXTENDED PERIOD? THAT IS WHERE WE WILL EITHER SELL OUR CALLS WE BOUGHT YESTERDAY AT THE 267 LEVEL, OR ADD TO THE POSITION IF A GAP FILL IS ALL THE QQQ'S CAN DO TO THE DOWNSIDE.
GOOD LUCK TODAY!
WE MENTIONED THAT ONLY ONCE IN 988 WEEKS(19 YEARS) THE QQQ'S HAD 3 CONSECUTIVE MONDAY HIGH WEEKS (SEPT 2008 ONLY OTHER TIME). QQQ'S HAVE NEVER HAD 4 CONSECUTIVE WEEKS OF MONDAY HIGHS!!!
SO WITH THAT SAID DO WE THINK THAT YESTERDAY'S HIGH (273.52) WILL BE THE HIGH FOR THIS WEEK? WE ARE BETTING IT WILL NOT, AND WE WILL BE ADVISING OUR SUBSCRIBER'S TO BE IN CALLS ON ELECTION DAY ESPECIALLY IF TUESDAY'S LOW IS ABOVE MONDAY'S LOW.
OUR MODEL SEES THE 1ST 30 MINUTE RANGE BREAKING IN BOTH DIRECTIONS, AND IF OUR ANALYSIS IS CORRECT THE BREAKOUT WILL HAVE A HEAD FAKE WHEN THE LOW IS BROKEN. MAYBE IT WILL FILL THE OPENING GAP, BUT WILL THE QQQ'S TRADE UNDER MONDAY'S CLOSE FOR AN EXTENDED PERIOD? THAT IS WHERE WE WILL EITHER SELL OUR CALLS WE BOUGHT YESTERDAY AT THE 267 LEVEL, OR ADD TO THE POSITION IF A GAP FILL IS ALL THE QQQ'S CAN DO TO THE DOWNSIDE.
GOOD LUCK TODAY!
Trade closed: target reached:
WE RECOMMENDED BEING FLAT OVERNIGHT AND WE SOLD OUR CALLS AT 140% ROI
WITH 1 HOUR BEFORE OPEN QQQ UP NEARLY $10
OUR MODEL PREDICTED FRIDAY AS THE HIGH THIS WEEK
WITH THAT SAID BUYING PUTS INTO THE FIRST HIGH IS A TRADE, BUT WE ARE GOING TO RECOMMEND BUYING CALLS TO OUR SUBSCRIBERS AT SOME POINT TODAY.
WE WILL WATCH 30 MINUTE LOW AS A GUIDE...IT WILL BE A CRAZY VOLATILE DAY SO STAY NIMBLE!!!
WITH 1 HOUR BEFORE OPEN QQQ UP NEARLY $10
OUR MODEL PREDICTED FRIDAY AS THE HIGH THIS WEEK
WITH THAT SAID BUYING PUTS INTO THE FIRST HIGH IS A TRADE, BUT WE ARE GOING TO RECOMMEND BUYING CALLS TO OUR SUBSCRIBERS AT SOME POINT TODAY.
WE WILL WATCH 30 MINUTE LOW AS A GUIDE...IT WILL BE A CRAZY VOLATILE DAY SO STAY NIMBLE!!!