Comments on: QQQ Active Trader Setup 3-12-24

By: rsotc

rsotc — Wed, 13 Mar 2024 12:56:53 +0000

In reply to EMFO. I figured you meant June. The /NQ's just rolled from the March to the June contract (quarterly roll)

By: rsotc

rsotc — Wed, 13 Mar 2024 12:54:24 +0000

In reply to rsotc. Correction, that /NQ chart posted yesterday (above) was a 15m, not 5m chart. Here's the updated 15m. /NQ has fallen to the 18420ish minor support with the next objective short entry or add-on to come on a solid break below it.

By: david k

david k — Tue, 12 Mar 2024 22:42:58 +0000

In reply to rsotc. Randy I just bought some MNQ, where do you recommend to place a stop?

By: EMFO

EMFO — Tue, 12 Mar 2024 21:06:26 +0000

In reply to EMFO. I meant June. ?

By: EMFO

EMFO — Tue, 12 Mar 2024 21:02:43 +0000

In reply to rsotc. @rsotc Hi Randy thank you for posting the updated April in NQ contract Chart. Please continue providing these active trader messages..

By: Koolmoto

Koolmoto — Tue, 12 Mar 2024 20:21:52 +0000

Went short just before the close. Good luck!

By: rsotc

rsotc — Tue, 12 Mar 2024 20:04:18 +0000

It was getting too close to the closing bell to mark up both charts so I fired off the post with the 5-minute chart of QQQ for ETF traders. Here are some price targets for /NQ active traders looking to fame the next tradable pullback with a short entry here at QQQ 444 resistance and/or on a break of this comparable 5-minute rising wedge pattern (5-minute chart).