I am starting to believe. Where do they take for options expiration tomorrow?
Won with Puts on the lone red candle of the day. What a melt-up!
I am looking to the downside until we check-in with the Monthly UBB, around 263 currently
Set the yellow diamond to QQQ's pre-market high for a good fit the price action inside the diamond darts is full of choppy wicks..
Sideways action - some notable wicks off the lower bound..
The diamond and dart angles carry forward up and down the chart..
QQQ was in EQ most of the day with AAPL finding support on this lower yellow channel GP
The volatility in the QQQs today increased. Continue to look for a retest of the Monthly UBB before the next leg up.
The lower bound of the large Blue Diamond Channel has been serving as resistance. With QQQ outside it's Monthly UBB I am looking for volatility, in the past, a return to the UBB proved likely. If SPX loses the current resistance the next .5 channel down may be in play.
I do not find any examples in the chart where this is sustained over the entirety of a month.
I am going to look for a dip with QQQ being extended outside the monthly UBB
Yellow Channel - provided a couple 17% call bounces - no follow through - on the close
support off the upper yellow channel reverse GP