Comments on: SPY & QQQ Testing Thursday’s Key Gaps https://rightsideofthechart.com/spy-qqq-testing-thursdays-key-gaps/ Stock Trading, Investing & Market Analysis Mon, 04 Oct 2021 19:08:54 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: 4711 https://rightsideofthechart.com/spy-qqq-testing-thursdays-key-gaps/#comment-18844 Tue, 16 Jun 2020 17:18:48 +0000 https://rightsideofthechart.com/?p=201753#comment-18844 highs still possible

]]> By: rparksd1963 https://rightsideofthechart.com/spy-qqq-testing-thursdays-key-gaps/#comment-18843 Tue, 16 Jun 2020 17:11:22 +0000 https://rightsideofthechart.com/?p=201753#comment-18843 In reply to Action_Jackson.

That’s why there is a saying DONT FIGHT THE FED that everyone knows including Randy.

]]> By: Rekar https://rightsideofthechart.com/spy-qqq-testing-thursdays-key-gaps/#comment-18838 Tue, 16 Jun 2020 15:50:35 +0000 https://rightsideofthechart.com/?p=201753#comment-18838 I don’t know what to call this market but one thing I do know is that it isn’t a bull market. The vol is way too high. Fortunately, I’m long vol and simply sitting back waiting for this thing to tear itself apart.

]]> By: rsotc https://rightsideofthechart.com/spy-qqq-testing-thursdays-key-gaps/#comment-18836 Tue, 16 Jun 2020 15:14:26 +0000 https://rightsideofthechart.com/?p=201753#comment-18836 /NQ sell signal triggered on the trendline break with a drop to my initial target (as per the video soon to be published) followed by the typical bounce off the initial tag of that level so far. Next objective short entry on a bounce back to just below the 9917 resistance and/or a break below the 9794 support.

]]> By: rparksd1963 https://rightsideofthechart.com/spy-qqq-testing-thursdays-key-gaps/#comment-18835 Tue, 16 Jun 2020 14:59:23 +0000 https://rightsideofthechart.com/?p=201753#comment-18835 In reply to crlists13.

I know it wasn’t sarcasm not was my reply. He mentioned bear market rally last week in the face of a NASDAQ ath.

]]> By: dayoub https://rightsideofthechart.com/spy-qqq-testing-thursdays-key-gaps/#comment-18834 Tue, 16 Jun 2020 14:54:48 +0000 https://rightsideofthechart.com/?p=201753#comment-18834 I shorted the first reversal QQQ within the gap with a stop above the gap…….it is the best place to short as stops are very tight……
thanks randy, so far its working……great recognition….!

]]> By: TJS https://rightsideofthechart.com/spy-qqq-testing-thursdays-key-gaps/#comment-18833 Tue, 16 Jun 2020 14:54:46 +0000 https://rightsideofthechart.com/?p=201753#comment-18833 In reply to wilhud.

I always remember that video several weeks back, where Randy said if he didn’t practice good asset management, he would dump everything into an LQD short trade and just wait for it to fall. As it doesn’t have much room to go up any more as rates are about as low as they go.

]]> By: Action_Jackson https://rightsideofthechart.com/spy-qqq-testing-thursdays-key-gaps/#comment-18832 Tue, 16 Jun 2020 14:50:07 +0000 https://rightsideofthechart.com/?p=201753#comment-18832 In reply to tk1202.

Yeah, my gut says cover my shorts and go long. But yes, short into resistance and buy into support. I wish I had gone long when Randy said it would bounce at the 200d SMA.

]]> By: tk1202 https://rightsideofthechart.com/spy-qqq-testing-thursdays-key-gaps/#comment-18831 Tue, 16 Jun 2020 14:44:41 +0000 https://rightsideofthechart.com/?p=201753#comment-18831 Looking to short on the test of resistance

]]> By: Beantowndoc https://rightsideofthechart.com/spy-qqq-testing-thursdays-key-gaps/#comment-18830 Tue, 16 Jun 2020 14:26:59 +0000 https://rightsideofthechart.com/?p=201753#comment-18830 Its a bear market dressed up by the Fed in Bull skin and paraded out on the Rose Garden lawn.

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