Buy QQQ with a Tight Stop Below 158 For the Bounce into Close

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QQQ has broken above the downward 1 hour trend line. As long as it doesn't go below 158, I think there's a good chance we close slightly green today (around 160-161).

What's surprising is that China has not announced retaliatory measures against Trump's proposed 100 billion dollars worth of additional tariffs yet. Holding positions over the weekend might be too risky, hence a day trade here provides a good opportunity.

I have more trade ideas at my blog if you like what I write: bigfryfinancialmarkets.com

I also have fun facts each day that you might find interesting.

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