*DANGER* QQQ RETURNED TO MOVING AVG IN TWO CANDLES AFTER THIS

Very interesting observation here. The QQQ has returned to the moving average after breaching the orange line. Every time this has happened it has taken two red weekly candles to reach it and all have included a major gap down the following week.

تعليق:

Looks like it is gapping like the previous scenarios

تم فتح الصفقة:

If the pattern follows the previous three times then QQQ could possibly reach 240. I got some 250 lotto puts for this week.

تعليق:

Two of the three previous times the weekly low touched the 1 standard deviation bollinger. This would put the target 235-240. Seems like a stretch, but I am trading off of the previous odds.