Invesco QQQ Trust, Series 1Zaktualizowano

So what next?

Good day folks,

Both gaps have been filled (almost). Is the selloff done for now or is it going to continue?

If it is going back up, then QQQ could face another dilemma, a possible Head & Shoulder…

I’m waiting for more movement before taking a side.

Stay tuned!
Uwaga
It is going to move. We are the top/bottom of right shoulder. We should have a good idea by eod or tommorow of future direction.
Uwaga
snapshot
Uwaga
The right shoulder on VXX did not sell, so the selloff continue for now!
Uwaga
snapshot
Yesterday VXX made a intra-day H&S; the right shoulder did not materialize, so selling was expected to continue. Today VXX right shoulder on a longer timeframe showed up; everything now is possible. I'm sitting aside to see which way the market is going to take; maybe it wont be before tomorrow or later. Keep an eye on this right shoulder.
Uwaga
Looks like we are going down
Uwaga
Possible reversal long.
Uwaga
Well, I'm long.
Uwaga
Looks like the market is flattening as it wont go up anymore. Looks very bearish to me. I opened a straddle, more selling is likely imo.
Zlecenie zamknięto ręcznie

Wyłączenie odpowiedzialności