QQQ is gonna be an interesting trade this week
QQQ has already been volatile as it is , but with the FED announcement coming tomorrow it should allow for a great trade or two. It looks as though its direction will swing almost entirely on the rate cut amount. It wouldn't shock me that a 50 point rate cut might shoot the QQQ past 484 ish and maybe even 490 in the next week, where as a 25 point cut might drop it back down to upper 450's. I think a 25 point cut will ultimately be more profitable with a nice sell off followed by a large green few days to recorrect.
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