NQ Channel Revised 7/10/2020

11 Tem 2020

Today blew off the top of my previous channel. I had this channel for 1.5 months and served me well. Why did the top get blown? You can blame it on bears (link below).

There were a lot of eager bears who shorted Netflix, Tesla, Nikola, and Amazon too early. Thanks to their shorts covering, the bears pumptarded the NQ and blew off the top of my channel.

The good news is that the rest of the channel is still good to go. NQ broke the RSI uptrend support and backtested it today. Here's hoping this new top of the channel holds for another 1.5 months.

11 Tem 2020

Not

Link:
bloomberg.com/news/articles/2020-07-09/tesla-shorts-to-amass-first-ever-20-billion-bet-against-a-stock

12 Tem 2020

Not

Important Earnings Dates

JP Morgan - 7/14
Wells Fargo - 7/14
UnitedHealth - 7/15
Johnson & Johnson - 7/16
Bank of America - 7/16
Netflix - 7/16
Blackrock - 7/17
Microsoft - 7/22
Tesla - 7/22
Amazon - 7/23
AT&T - 7/23
American Express - 7/24
Verizon - 7/24
Gilead - 7/28
Visa - 7/28
Mastercard - 7/29
AMD - 7/28
Amgen - 7/28
Facebook - 7/29
QUALCOMM - 7/29
Boeing - 7/29
Google - 7/30
Apple - 7/30
Square - 7/30
SHOP - 7/30
Disney - 08/04
Roku - 08/05
Novavax - 08/05
Moderna - 08/05
Nikola - 08/07
IDEX - 08/11
Alibaba - 08/13
NVIDIA - 08/13