How long is QQQ gonna be in this range?

[1a2b3cppp]

Ever since that gap up it hasn't gone anywhere.

Anyone making a killing selling options or buying $66.50 and selling $67?

 

[Lucrum]

"How long is QQQ gonna be in this range?"


Until it breaks out. Why try to predict the unpredictable?

 

[1a2b3cppp]

Quote from Lucrum:

"How long is QQQ gonna be in this range?"


Until it breaks out. Why try to predict the unpredictable?

You're preaching to the choir, my friend.

 

[Lucrum]

Quote from 1a2b3cppp:

You're preaching to the choir, my friend.

My mistake.

So...why is the choir singing this tired old tune?

 

[daniel33]

At the mercy of AAPL earnings one more day and it's over...

 

[achilles28]

Ascending triangle.

 

[murrica]

I hate to hijack your thread.. Yes, the ascending triangle is bullish, the media is bullish, everyone and their grandma is bullish.

Here's one *shred* of evidence that this might be something of a top at least for tech. Bearish rising wedge. It's not the cleanest pattern, but watching that upper resistance line at least merits consideration.

This is just my view/interpretation, but I'd be watching for $COMPQ to fail to close strongly above 3150 to support a short term bearish outlook.

Disclaimer: Don't trade off my commentary. This is not trading advice, etc.

edit: To OP and others: I realize now you did not specify a bullish or bearish bias, and for that I apologize.

 

[1a2b3cppp]

Afterhours Nasdaq futures!

 

[murrica]

Wow, what's going on with NQ overnight? Getting pounded.

 

[Took2Summit]

Quote from murrica:

Wow, what's going on with NQ overnight? Getting pounded.

.... aapl earnings. if you seriously didn't know the answer to that you shouldn't be trading