NQ Update 8/21

Di hungry_hippo
Aggiornato
It would appear that we're going full pumptarded.

Note the arrow is the target, not the path. We may get a dip here because MFI is overbought, but we probably hit the upper trendline on Ponzi Tuesday.

AAPL wants $500 bad.... keep an eye on it. It may rally all the way until the 8/28 split date. AAPL is carrying SPX, DJI, and NDX today. All foreign markets were in the red... I expected a down day today, then AAPL went parabolic, lol. WOund up making beer money on NKLA puts.
Commento
So AAPL hit my $500 target, but I maintain bullishness until we hit my to magenta line.

Chart pattern looks like an exhaustion gap, and there is a futures gap below, so I'm not chasing this rally. Only position is DLTR calls for earnings> I'm too chicken poop to short the market until we hit my projected top.
Commento
Looks to me like it's forming an intraday pennant for the final push up Tue/Wed.
Commento
Still think it hits my magenta line but market looks weak.

Holding DLTR calls for earnings, no other position. I don't short stuff on Mondays since 90% of Tuesdays are up days.
Chart PatternsTechnical IndicatorsNQQQQ

Declinazione di responsabilità