QQQ expected move to 50 MA. Now comes the tricky part.Does it get faded here or FOMO crowd grind it higher. Ideally some consolidation between 20/50 ma would be nice to make a run for 200 MA. Sim pickings as far as longs after day 4 run to resistance. If we have a gap up …
QQQ nice day 3 follow through. Still has some room to 50 MA resistance. Market approaching levels where shorts will start to nibble on shorts. We need see how market absorb this run. Nice move from watch list names, specially China bounce plays. Follow me on Twitter for real time trading setups@szaman and on …
QQQ holds that 320 level and another over sold bounce.See if this can continue with relief rally for few days. A break over 8 EMA should try 20 MA 338 area. Follow me on Twitter for real time trading setups@szaman and on StockTwits @szaman Get access to our accelerated day or swing trading course …
QQQ yet another trend down day after morning bounce got faded. A test of recent low here most likely unless some good news headline. Many watch list names are close to short term price support. We need to see if they come close to or break support and then bounce right away for longs . …
QQQ, nothing new to see, range bound action now, most likely to relieve some short term oversold condition. Bulls must defend that 320 spot. Energy /commodity names are extended but still looks good for more action and good ranges on those. So mostly watching them for now Active trend trading both long and short based …
Another wide range day, nice opportunities for active traders, specially fading parabolic move on oil names and long reversal on tech names. Expecting few range bound days for index’s but given the volatility, anything possible. Active trend trading both long and short based on day’s trend. Follow me on Twitter for real time trading …