Bullish Consolidation for NQ/QQQ
NQ has been chopping around for a few days, but has been holding the 18733 area on every retest. We moved significantly below that level this morning, but had a near instant V shaped recovery. This combined with VX weakness makes me bullish for the afternoon today and into tomorrow. No telling what happens after NVDA earnings, but money can be made on the run up without risking so much.
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
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