A Short Term Bottom In The Market Should Be Near And My Best Trade For The Week
I won’t usually post on the weekends but I felt the need to drop this memo tonight.The pain should be over soon. A look at the last decade of the QQQ, the nasdaq composite, shows that we have not broken the 200 weekly in the last 10 years. Tonight as futures get obliterated, the QQQ is at 284, the 200 weekly is 269, so it appears that the probablities f…
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