Comments on: QQQ, SPY & /NQ Charts & Price Targets

By: korova

korova — Wed, 12 Aug 2020 15:53:35 +0000

In reply to Imadaytr8r. Bought put options yesterday, stop loss was useless since options don't trade overnight

By: Imadaytr8r

Imadaytr8r — Wed, 12 Aug 2020 15:38:49 +0000

In reply to TJS. Literally this is what just happened to me! Bought SQQQ 30 min ago and the nasdaq jumped 50 points!

By: Imadaytr8r

Imadaytr8r — Wed, 12 Aug 2020 15:36:36 +0000

What is considered a “solid break below” 268? T2? Closed at 265 last night but right now it over 271! Is this a typical whipsaw? ... Nothing in the market that I can see causing a sudden 3% pop!

By: korova

korova — Wed, 12 Aug 2020 14:37:01 +0000

In reply to TJS. Getting wrecked again on another Randy short, hold or cut my losses?

By: Taniaye0086

Taniaye0086 — Wed, 12 Aug 2020 03:32:46 +0000

In reply to Rekar. SI continue to slide, i think ZSL will continue to bounce.

By: Rekar

Rekar — Wed, 12 Aug 2020 02:33:17 +0000

ZSL 2x short silver. I’ve been selling into it all day long but still have a full position. A 2x short on silver is way too volatile to hold. Charts suggest there’s more to go.

By: Action_Jackson

Action_Jackson — Wed, 12 Aug 2020 00:10:26 +0000

Its almost like Putin tried to pump the markets at a key moment with virus news as the US has been doing and it failed miserably

By: TJS

TJS — Tue, 11 Aug 2020 21:56:29 +0000

In reply to drummerdave. They key is to do the opposite of me. If I buy in to short QQQ, it will get pumped up in the futures and shoot up towards the moon. If I go long QQQ, its sure to tank and tank really hard. LOL.

By: drummerdave

drummerdave — Tue, 11 Aug 2020 20:09:06 +0000

So, QQQ broke below, but at the end of the day. Is it a time to get in, or wait ?