QQQ (Nasdaq 100 ETF) has just hit my maximum bounce target (from yesterday), providing an objective short entry (or level to book profits if still long) with a stop somewhat above, ideally on a 60-minute or daily closing basis. 60-minute chart below.
QQQ 60m Feb 2nd
I’ll be away from my desk until around 11ish today & will post updates when I return. My preference is to add shorts here but not above the minor trendline, at least not at this time. Again, more updates to follow later today.