Comments on: QQQ Pinched Between Support & Resistance

By: Foreverlearning

Foreverlearning — Wed, 24 Feb 2021 20:42:00 +0000

In reply to Foreverlearning. @rsotc shorting xlf soon?

By: hotrodricky

hotrodricky — Wed, 24 Feb 2021 20:32:08 +0000

In reply to Foreverlearning. uvxy and vxx are getting crushed today, anyone have an idea where the bottom is?

By: Foreverlearning

Foreverlearning — Wed, 24 Feb 2021 20:03:42 +0000

In reply to Scott. Cci has been my go to short term. But these markets need to crack. Im burgundy already... way past red. :(

By: Scott

Scott — Wed, 24 Feb 2021 17:13:30 +0000

In reply to tslamoon2022. @tslamoon2022 - I should have mentioned that I use a different indicator that is based on Relative Volatility and Full Stochastic. I find that PPO does not give me signals fast enough, especially for this whipsaw market.

By: tslamoon2022

tslamoon2022 — Wed, 24 Feb 2021 16:55:21 +0000

In reply to Scott. Are we looking at different NQ or QQQ daily charts? I'm seeing bearish ppo crossovers on the daily, what indicators are you referring to?

By: Scott

Scott — Wed, 24 Feb 2021 16:49:20 +0000

NQ is wobbly, but could see ES pulling back with NQ popping short-term. Indicators are starting to point up on the daily charts for both.

By: Flanny3

Flanny3 — Wed, 24 Feb 2021 16:44:43 +0000

the risk reward here is so tempting to that downside…