QQQ – Simple Trading Update 16 February 2016

A quick post re QQQ… Some of you reached out to me today asking if QQQ looks like a setup. This is what the Daily chart looks like…   To the naked eye, it looks like price [and the MACD] are giving a clear long setup. However, 1 look at the weekly chart, and it’s […]

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What Now For The QQQ? Simple Trading Update As of 18 September 2015 Close

Price broke through the top of the Value Zone ($106) nicely, but last week’s candle was a very negative 1 bar pattern… Look for confirmation of that pattern on a break below it’s low at $104.85 this week.  As the note on the chart says, I would avoid technically allowable longs in light of the […]

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