Ok so I have been short the Q's and some QQQ expiring tomorrow which is the NASDAQ ETF. Here we sit at a critical level 19,600. Though nobody can tell the future, this is a place to look for a potential bullish bounce tomorrow.
Tomorrow I am going to look for some longs back to the 20,000-20,200 area if we show solid support at the 19,725. However if 19,725 is taken out look for a retest 19,600.
That is for daytraders and those are the levels I am looking at for tomorrow.
In the bigger picture, a close below 19,600 is a sign of weakness, and potential for further selling down to 19k.
Can we rally? Absolutely but I think the market is ahead of itself and needs a good correction just to revert back to the mean trend.
IF and when I sell some more calls or short outright I will let you know. Obviously daytrading is not something I can send signals out, but if you know the setups, those are the levels I am looking at.
Good luck and Good trading!!!
Tomorrow I am going to look for some longs back to the 20,000-20,200 area if we show solid support at the 19,725. However if 19,725 is taken out look for a retest 19,600.
That is for daytraders and those are the levels I am looking at for tomorrow.
In the bigger picture, a close below 19,600 is a sign of weakness, and potential for further selling down to 19k.
Can we rally? Absolutely but I think the market is ahead of itself and needs a good correction just to revert back to the mean trend.
IF and when I sell some more calls or short outright I will let you know. Obviously daytrading is not something I can send signals out, but if you know the setups, those are the levels I am looking at.
Good luck and Good trading!!!
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。