QLD
QLD: Buying at market open, buying dipsSimple, let's buy dips to 84.98, and also buy at market open tomorrow. Risk 1% between both entries with stop at 83.91.
Today's events pave the way for uptrend continuation in equities, as I had suggestes previously. Now we have firm confirmation with VIX retracing 75% of the recent spike. We only need QLD to sharply rally off this juncture, so be ready to join this trend. Target is a rally above 100 at least.
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Good luck!
Ivan Labrie.
QQQ: Monthly time at mode analysisIn 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.