Please note that broad SP500 market is still technically in an uptrend, meaning that buyers are still strong. So if you plan entering SHORT on QQQ I would wait for a pullback to increase risk-reward. An example of possible trade is shown on the chart. Of course, it is important to monitor how things develop and make corrections if needed.
Disclaimer
I don't give trading or investing advice, just sharing my thoughts.
Not
Currently, QQQ started hourly consolidation. But bulls are quite strong today. I'm moving my stop-loss at break-even to prevent losses in case buyers are able to set hourly higher low and confirm hourly uptrend
Not
Day closed very well for the QQQ bears with a "falling star" candlestick. Moreover, hourly downtrend confirmed. The only "problem" for sellers is broad market relative strength. While SP500 also closed "bearish" but sellers were not able to fill today's morning price gap.
Not
Took 30% of profit on pre-market weakness. Price is near Friday's VAHso it makes sense
İşlem elle kapatılmış
Market is uber-strong today. Closing rest of position with small profitFeragatname
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.
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.