The QQQ Active Short Swing Trade just hit T1 hit for a quick (20-minute) gain of 2.2%. As this was/is the first decent support level & price target, I suspect they will likely park the Q’s here at the close today, quite likely to be followed up with a gap down tomorrow. Previous & updated 60-minute charts below (must be view on rsotc.com as gallery charts will not show on email notifications)
- QQQ 30m 4 March 27th
- QQQ 30m 5 March 27th
- QQQ 30m 6 March 27th
Please see the previous post, available by clicking here, for additional commentary as well as the official, adjusted price targets that I followed up with shortly after firing off that post. I don’t usually post trade ideas without the official, adjusted targets but as I suspected a reversal off that final bounce target with a dump into the close today, I wanted to get the post published asap so the email notifications would go out. An updated chart with the targets was inserted into that post as well.