I'm expecting some short covering this week due to the Fed festivities.
Middle BB broken, momentum slowing down. Day trading idea only.
I'll be looking at entering a possible QQQ position shortly as long as we stay below the top of range level. Please also see my link below.
Details on the chart. We'll have the answers soon.
Details on the chart. Just a reference point.
Details on the chart. Point of reference only.
Planning for tomorrow based on my understanding of the current action.
Idea for day trading only. Look for signal confirmations at smaller time frames.
The energy is building up. Which way will it explode?
Planning for tomorrow. Any plan is better than no plan. Good luck to us treasure hunters.
These are the levels I'll be watching should we have an upthrust after the referendum in Italy (critical pivots, middle BB, 100 ema). Technically, my bias is to the upside, but abandoning the ship is always an option.
Reviewing the chart for my Monday day trading. I'll build my tactics around the pivots and critical levels.
This is a general outline. I'll build my tactics around the pivots if DIA starts retracing early next week.
QQQ is floating in a liquidity pool, good support, watching the levels.