This is a countertrend idea, but I think this supply zone above has a high probability of producing at least one rejection on the first test. If it doesn't then we're almost surely going to a new ATH I'd say.
I'll look for shorts at supply depending on what VX is doing at the time. Stop above $499, targeting $479. You could also wait for this channel to break to the downside before shorting for more confirmation and maybe get a retest.
I'll look for shorts at supply depending on what VX is doing at the time. Stop above $499, targeting $479. You could also wait for this channel to break to the downside before shorting for more confirmation and maybe get a retest.
Not
Perfect supply rejection for QQQ. Trying to hold last week's lows now, final target is still $479, but I'd be scaling out of puts after a move like that.
You reap what you sow.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
You reap what you sow.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
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.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
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.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.