Comments on: QQQ Max. Bounce Target Hit, Gap Backfilled https://rightsideofthechart.com/qqq-max-bounce-target-hit-gap-backfilled/ Stock Trading, Investing & Market Analysis Thu, 23 Sep 2021 20:20:24 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/qqq-max-bounce-target-hit-gap-backfilled/#comment-22513 Thu, 23 Sep 2021 20:20:24 +0000 https://rightsideofthechart.com/?p=205355#comment-22513 In reply to PaleFlame.

Thx for passing that along & g-luck with your position. Should that pattern continue then Monday’s low should have been a near-term bottom so maybe consider at least a stop below Monday’s low, if not higher at this point. We should know soon if that will prove to be the case as Monday’s gap on QQQ was backfilled this morning with the Q’s continuing to test the top of the gap (resistance) all day today. Tomorrow or Monday should either bring a rejection (my preferred scenario) or a breakout (good for your position).

]]> By: PaleFlame https://rightsideofthechart.com/qqq-max-bounce-target-hit-gap-backfilled/#comment-22512 Thu, 23 Sep 2021 17:13:02 +0000 https://rightsideofthechart.com/?p=205355#comment-22512 Past 5 OPEX has all resulted in a dealer drawdown in long gamma exposure. Post OPEX markets have risen to all time highs each time. Seems the trend will continue and lately markets have started to front run the trend. Dip bought and holding until next OPEX

]]> By: Flanny3 https://rightsideofthechart.com/qqq-max-bounce-target-hit-gap-backfilled/#comment-22510 Thu, 23 Sep 2021 14:28:58 +0000 https://rightsideofthechart.com/?p=205355#comment-22510 Love it! for sure a pullback breather here…and premiums finally reasonable on the short side.

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