QQQ The March to 500
- Thread starter v-shape-0DTE
- Start date
Nah the technicals sort of fooled me on Monday, but I’m not taking the bait. Nothing is surviving the V machine. We’re still on track to hit 500 in July. Unless we actually see volume which you won’t around a holiday, any dip will be aggressively bought.
What is your entry and exit price? Surely, after all your grandstanding, you really trade, yes?
I’m buying any gap down at the open. Also have a long position and I want to get calls for the run to 500 when it starts to break out again. There’a no chance of any drop or red surviving. This is the most insane, unstoppable thing ever. V after V after V. It could go flat, that’s always a risk, but no chance this thing is going down to end the qtr.
You need actual volume and for it to look like that random week it April, which in itself was a pure miracle. These really slow motion drops NEVER can hold. The hungry dip buyers go to town.
Unless those big Stocks continue to hold the Index up, down is my opinion.
Of course they will. Won’t even get a dip to buy this morning. Not even a single red print. This thing is so determined to never go down and yet some still don't even realize what is happening.
This is dragging out a little longer than I had hoped for. Really want to see that explosive weekly move. Still should get 500 in the first half of July. Perhaps it's just waiting for the weekly BB to expand to allow this to climb higher. I feel after the double weekly doji's that this is ready to go back up. Thing has been very choppy lately, but hopefully it will get the move done soon.
As I've been saying QQQ is hitting 500. ONLY short for a pullback when it flashes a bearish candle on the daily chart. I can see a pullback coming from like 503-487 and yes, I might actually play that (hard to believe). But it has to throw a bearish doji or some kind of thing first. Otherwise, you are wasting your time if you are trying to time a top.