Playbook for $QQQ, choppy. https://www.tradingview.com/chart/QQQ

I'm not bullish or bearish at this time, everything is short term. Ascending wedge was broken last week (based on close prices - but this is highly subjective). There's a good chance the 50MA will hold at $180ish - which will be my first call trade, and if that breaks there is strong demand around $179 where I will average down the calls. Beyond that I'll be buying 2-3 week expiration calls and puts with tight stops as we hopefully bounce around the green (demand), blue (both demand and supply) and red (supply) levels. Not expecting big moves until next Fed meeting, announcement on tech (social media regulation) or China mentioning $AAPL during a tariff retaliation. Cash-rich tech company buy-backs will continue to prop up any serious selling pressure.