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	Comments on: /NQ &#038; QQQ Bull Trap Likely	</title>
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	<description>Stock Trading, Investing &#38; Market Analysis</description>
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		<title>
		By: markkludwig		</title>
		<link>https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27063</link>

		<dc:creator><![CDATA[markkludwig]]></dc:creator>
		<pubDate>Tue, 04 Apr 2023 12:26:01 +0000</pubDate>
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					<description><![CDATA[Is it a good idea to buy SQQQ for this play?]]></description>
			<content:encoded><![CDATA[<p>Is it a good idea to buy SQQQ for this play?</p>
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		<title>
		By: KevinK		</title>
		<link>https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27049</link>

		<dc:creator><![CDATA[KevinK]]></dc:creator>
		<pubDate>Mon, 03 Apr 2023 17:56:44 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27041&quot;&gt;trade0039&lt;/a&gt;.

That&#039;s ok. I&#039;ve been trying to find a system that beats the market for a while. Impossible, so far. Too many variables, including daily news items. Some work for a while, (especially in the rear view mirror) til they don&#039;t work. 
Keep trying. Let us know if you find anything promising.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27041">trade0039</a>.</p>
<p>That&#8217;s ok. I&#8217;ve been trying to find a system that beats the market for a while. Impossible, so far. Too many variables, including daily news items. Some work for a while, (especially in the rear view mirror) til they don&#8217;t work.<br />
Keep trying. Let us know if you find anything promising.</p>
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		<title>
		By: trade0039		</title>
		<link>https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27041</link>

		<dc:creator><![CDATA[trade0039]]></dc:creator>
		<pubDate>Mon, 03 Apr 2023 15:31:31 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27037&quot;&gt;KevinK&lt;/a&gt;.

Everyone please ignore the strategy I mentioned above. From 2015 to 2020 it has generated Negative return. 

It seems it worked perfectly from 2021 till today only!]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27037">KevinK</a>.</p>
<p>Everyone please ignore the strategy I mentioned above. From 2015 to 2020 it has generated Negative return. </p>
<p>It seems it worked perfectly from 2021 till today only!</p>
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		<title>
		By: trade0039		</title>
		<link>https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27040</link>

		<dc:creator><![CDATA[trade0039]]></dc:creator>
		<pubDate>Mon, 03 Apr 2023 15:24:23 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=211155#comment-27040</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27038&quot;&gt;KevinK&lt;/a&gt;.

I&#039;m using Tradingview and I am not using regular RSI, I&#039;m using Wilder&#039;s RSI with setting of RSI Length 14 and &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;An exponential moving average (EMA) is a type of moving average that is similar to a simple moving average, except that more weight is given to the latest data. This type of moving average reacts faster to recent price changes than a simple moving average. (source: investopedia.com)&#039;&gt;EMA&lt;/abbr&gt; Length of 9]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27038">KevinK</a>.</p>
<p>I&#8217;m using Tradingview and I am not using regular RSI, I&#8217;m using Wilder&#8217;s RSI with setting of RSI Length 14 and <abbr class='c2c-text-hover' title='An exponential moving average (EMA) is a type of moving average that is similar to a simple moving average, except that more weight is given to the latest data. This type of moving average reacts faster to recent price changes than a simple moving average. (source: investopedia.com)'>EMA</abbr> Length of 9</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27039</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Mon, 03 Apr 2023 15:17:05 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=211155#comment-27039</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27029&quot;&gt;yahoo&lt;/a&gt;.

The one on gold &amp; the miners? Works for me. Try clicking on the YouTube icon at the bottom right corner to play it directly on YouTube &amp; LMK if it still isn&#039;t working for you.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27029">yahoo</a>.</p>
<p>The one on gold &#038; the miners? Works for me. Try clicking on the YouTube icon at the bottom right corner to play it directly on YouTube &#038; LMK if it still isn&#8217;t working for you.</p>
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		<item>
		<title>
		By: KevinK		</title>
		<link>https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27038</link>

		<dc:creator><![CDATA[KevinK]]></dc:creator>
		<pubDate>Mon, 03 Apr 2023 15:06:23 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=211155#comment-27038</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27033&quot;&gt;trade0039&lt;/a&gt;.

Also low readings in Feb 2020 would have got you in the market way too early in the covid crash before the bottom on March 23...you would have lost a ton.
Unless your RSI readings are different than mine. 
But you also would have eventually recovered.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27033">trade0039</a>.</p>
<p>Also low readings in Feb 2020 would have got you in the market way too early in the covid crash before the bottom on March 23&#8230;you would have lost a ton.<br />
Unless your RSI readings are different than mine.<br />
But you also would have eventually recovered.</p>
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		<title>
		By: KevinK		</title>
		<link>https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27037</link>

		<dc:creator><![CDATA[KevinK]]></dc:creator>
		<pubDate>Mon, 03 Apr 2023 14:44:49 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=211155#comment-27037</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27033&quot;&gt;trade0039&lt;/a&gt;.

0039,

   I am looking at the daily chart of RSP on Stock Charts, and the RSI is in the 56-57 range. Where are you seeing 68.5 ?]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27033">trade0039</a>.</p>
<p>0039,</p>
<p>   I am looking at the daily chart of RSP on Stock Charts, and the RSI is in the 56-57 range. Where are you seeing 68.5 ?</p>
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		<item>
		<title>
		By: thebeagle55		</title>
		<link>https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27036</link>

		<dc:creator><![CDATA[thebeagle55]]></dc:creator>
		<pubDate>Mon, 03 Apr 2023 14:32:51 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=211155#comment-27036</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27035&quot;&gt;trade0039&lt;/a&gt;.

that chart is very busy...heres some facts oil up $5 overnight
you would think that would be very bearish... of course nobody knows
for sure  but as ive been saying this mkt is behaving incredibly bullish
even if we have a small correction i think over the next 6 months we will
be higher]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27035">trade0039</a>.</p>
<p>that chart is very busy&#8230;heres some facts oil up $5 overnight<br />
you would think that would be very bearish&#8230; of course nobody knows<br />
for sure  but as ive been saying this mkt is behaving incredibly bullish<br />
even if we have a small correction i think over the next 6 months we will<br />
be higher</p>
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		<item>
		<title>
		By: trade0039		</title>
		<link>https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27035</link>

		<dc:creator><![CDATA[trade0039]]></dc:creator>
		<pubDate>Mon, 03 Apr 2023 14:25:18 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=211155#comment-27035</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27034&quot;&gt;trade0039&lt;/a&gt;.

Weird! Chart was not attaching...]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27034">trade0039</a>.</p>
<p>Weird! Chart was not attaching&#8230;</p>
]]></content:encoded>
		
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		<item>
		<title>
		By: trade0039		</title>
		<link>https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27034</link>

		<dc:creator><![CDATA[trade0039]]></dc:creator>
		<pubDate>Mon, 03 Apr 2023 14:22:22 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=211155#comment-27034</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27033&quot;&gt;trade0039&lt;/a&gt;.

Forgot to attach the chart lol!]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/nq-qqq-bull-trap-likely/#comment-27033">trade0039</a>.</p>
<p>Forgot to attach the chart lol!</p>
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