QQQ - Make or Break
QQQ is sitting near what I consider to be the last line of defense for bulls. A break below the uptrend here would likely lead to an extended sell off. A lot of stocks and indexes are around major levels, so I think there is a lot riding on NFLX earnings today.
NFLX earnings could lead to gap down below the uptrend for QQQ, or a move all the way back up to erase this week's sell off.
NFLX earnings could lead to gap down below the uptrend for QQQ, or a move all the way back up to erase this week's sell off.
You reap what you sow.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
You reap what you sow.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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Disclaimer
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