With the market likely to hold up at least until the release of tomorrow’s employment report (8:30) and/or J. Powell’s speech tomorrow (12:30), coupled with the fact that as I type, the QQQ Active Short Swing Trade is only down 1.85% from entry (and well below the original stop of 194.35), I have decided to suspend the stops on that trade until tomorrow & see how it follows through to the breakout today.
QQQ daily 2 Sept 5th
As always, the stops & price targets for each trade are just suggestions based on where each trade was entered & one should also use targets & stops that mesh with their own trading style & risk tolerance (and pass on trades that don’t align with their own analysis or comfort level).