$QQQ Anlaysis, Key Levels & Targets for Feb 4 2024

4 feb

So the trading range for QQQ has a lot of moving averages running through it possible support we did reclaim the 50 day moving average that one hour two and moving average is still pointing down here the 30 minute and the 35 EMA is trading still bullish and we just filled that gap. The top of the implied move is at 525 and I would be looking at 526 527 bear call spreads or 527 528. ( that’s where I have my condors and I will add spreads there when challenged)

5 feb

Trade attivo

BOOOM stayed within the implied move so beautifully!! just look at that!!!! bear call spreads at the top there anyone?
My Butterfly/Condor closed up 32.41% ($227)