Another backtest of the 433ish resistance on worse than expected employment report offers yet another objective short entry or add-on. Closed /ZB (30yr T-bond) hedge here at the 116’112 price target. Trading plan remains objective short on QQQ up to but not above the bottom of the Feb-April trading range….
QQQ Backtesting Trading Range, Closing /ZB TLT Hedge 5-3-24
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