QQQ has been trying to break and hold it's new resistance of $290.55. I also see a bearish diamond pattern forming.
I will be entering in at $291.55-289.62. I will wait till after 12pm EST just in case there is a retracement. It is now 11:29 am EST 09/20/2022.
Jerome Powell will also be speaking later this week so I will be holding this until Friday.
I am currently waiting for confirmation.
Entry: $291.55-$289.72
1st Target: 285.76
2nd Target: 2810.63(this is if it breaks 285.76, so I will be careful chasing this target)
I'm setting my S.L at 292.68
I hope everyone has a great trading week! Be blessed and prosperous.
I will be entering in at $291.55-289.62. I will wait till after 12pm EST just in case there is a retracement. It is now 11:29 am EST 09/20/2022.
Jerome Powell will also be speaking later this week so I will be holding this until Friday.
I am currently waiting for confirmation.
Entry: $291.55-$289.72
1st Target: 285.76
2nd Target: 2810.63(this is if it breaks 285.76, so I will be careful chasing this target)
I'm setting my S.L at 292.68
I hope everyone has a great trading week! Be blessed and prosperous.
Comment:
Correction: **2nd Target: $281.63
Trade active:
In at $289.99
Trade closed: target reached
Comment:
2nd target almost in reach. What a drop!! Love it!
Comment:
Congrats to anyone who got in this
Trade active:
Watching this chart today to see if there will be a bounce or will it keep dropping. I may come back to update this later for my records.