Therealalphaaction

QQQ short term bullish long term bearish

NASDAQ:QQQ   Invesco QQQ Trust, Series 1
In the short term QQQ will fill the gap I circled but long term fundamentals don't look good. The best way to play this would be to come up with an option spread that has upside reward but no downside risk.

If you're not sure how to do this type of a spread, I link a video below where I go over how to do a broken wing butterfly spread.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.