Posted by goldnice on 12th of Jul 2020 at 10:43 pm
QQQ Nasdaq ETF. Weekly Close. We are now in a {5th Wave}
terminal faze blow-off top. Move your stops up as you see fit. The
full checklist from the Elliott Wave textbooks on signs of 5th wave
tops is as close as you can get.
Nice charts. Reminds me of 1999. Friday at the
close I started core positions in SQQQ and Sept QQQ puts.
Also Sept ATM puts for Apple and USO. I hedged with
August ATM IWM/DIA Calls.
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QQQ Nasdaq ETF. Weekly Close.
Posted by goldnice on 12th of Jul 2020 at 10:43 pm
QQQ Nasdaq ETF. Weekly Close. We are now in a {5th Wave} terminal faze blow-off top. Move your stops up as you see fit. The full checklist from the Elliott Wave textbooks on signs of 5th wave tops is as close as you can get.
Nice charts. Reminds me of
Posted by ssaffer on 12th of Jul 2020 at 10:49 pm
Nice charts. Reminds me of 1999. Friday at the close I started core positions in SQQQ and Sept QQQ puts. Also Sept ATM puts for Apple and USO. I hedged with August ATM IWM/DIA Calls.