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