Invesco QQQ Trust Series I
Singkat

Time to take a dump.

88
1) My previous related idea, "Ride the tiger with QQQ" kicked off an uptrend when there was a range expansion to the upside.
2) After a good climb, the market cooled off a little, but didn't change trend. Note the lower channel touch, but no expansion.
3) The market made new highs on low volatility and failed to reach a trending state.
4) The contracted market expanded lower. The path of least resistance is now down.

Stats are from 2018 to current, long only, ~2% risk.

I don't like shorting the stock market, so I'm standing aside after taking profits from my previous trade. But if shorting is for you, go for it!

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.