Comments on: QQQ & SPY Pullback Trade Ideas 3-6-23 https://rightsideofthechart.com/qqq-spy-pullback-trade-ideas-3-6-23/ Stock Trading, Investing & Market Analysis Mon, 12 Jun 2023 18:33:18 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Jeff Vandenburgh https://rightsideofthechart.com/qqq-spy-pullback-trade-ideas-3-6-23/#comment-26540 Mon, 06 Mar 2023 20:45:45 +0000 https://rightsideofthechart.com/?p=210766#comment-26540 In reply to Alan.

I bought a little micro ES, hedging neutral-bearish option spreads.

]]> By: Alan https://rightsideofthechart.com/qqq-spy-pullback-trade-ideas-3-6-23/#comment-26539 Mon, 06 Mar 2023 20:41:54 +0000 https://rightsideofthechart.com/?p=210766#comment-26539 In reply to moshr0.

We hit T1, anyone playing a bounce back up?

]]> By: Jeff Vandenburgh https://rightsideofthechart.com/qqq-spy-pullback-trade-ideas-3-6-23/#comment-26538 Mon, 06 Mar 2023 20:02:13 +0000 https://rightsideofthechart.com/?p=210766#comment-26538 Nice call, Randy! Everything looks to be playing out accordingly.
@RSOTC, I’m wondering if you have a view on crude oil and energy stocks? I can’t tell if today’s strength in oil has it approaching a level where it will likely get sold, or if the strength is indicating a trend move upward. Energy stocks also very strong, and while approaching resistance, I’m wondering if we might want to watch for continued upside momentum in energy heading into a typically bullish season?

]]> By: moshr0 https://rightsideofthechart.com/qqq-spy-pullback-trade-ideas-3-6-23/#comment-26537 Mon, 06 Mar 2023 19:29:35 +0000 https://rightsideofthechart.com/?p=210766#comment-26537 Daytraded QQQ on your alert and closed out now for $4,000 – really appreciate these updates Randy!

]]> By: rsotc https://rightsideofthechart.com/qqq-spy-pullback-trade-ideas-3-6-23/#comment-26536 Mon, 06 Mar 2023 16:33:56 +0000 https://rightsideofthechart.com/?p=210766#comment-26536 In reply to KevinK.

GDX just taking a breather IMO plus, tech stocks have siphoned most of the $$ on the buy side since Thursday’s bullish falling wedge breakouts on the indexes so that created a strong ‘risk-on’ trade & precious metals are quite often a risk-off trade. $USD appears to be headed lower in the coming days/weeks & if so, that should continue to lift the metals & miners.

]]> By: rsotc https://rightsideofthechart.com/qqq-spy-pullback-trade-ideas-3-6-23/#comment-26535 Mon, 06 Mar 2023 16:30:57 +0000 https://rightsideofthechart.com/?p=210766#comment-26535 In reply to jon@jongolnik.com.

Decent chance nat gas might put in a marginal new & divergent low on the weekly chart but probably about all the downside for today at -15%

]]> By: KevinK https://rightsideofthechart.com/qqq-spy-pullback-trade-ideas-3-6-23/#comment-26534 Mon, 06 Mar 2023 16:27:15 +0000 https://rightsideofthechart.com/?p=210766#comment-26534 Randy,

I don’t get it… Dollar (UUP) going down…interest rates going down,,, EUR/USD going up….and GDX is down on the day ??????

]]> By: jon@jongolnik.com https://rightsideofthechart.com/qqq-spy-pullback-trade-ideas-3-6-23/#comment-26533 Mon, 06 Mar 2023 16:17:35 +0000 https://rightsideofthechart.com/?p=210766#comment-26533 Thanks, Randy. Any follow up on UNG, in light of today’s reversal?

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