qqq is below the uptrend

    Posted by sydney on 10th of Jan 2022 at 11:02 am

    qqq is below the uptrend line and spy is just above its uptrend line. Both OS. I covered my shorts, except for XRT, still holding puts. But my long banks and oil is getting hammered too, buying some banks and oil stocks. If market drops will Fed changes its mind, and if so, this may affect rates and banks / oil stocks, a bit risky to buy here.

    XLE and XLF just had

    Posted by steve on 10th of Jan 2022 at 11:04 am

    XLE and XLF just had big moves - why chase (wait for objective entries)  We pointed out objective entries over a week ago.   I stated on weekend to look for a PULL BACK in financials.   XRT testing December lows (good place to lock in partial profits depending upon your trading approach)

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