QQQQ Swing Short
Just one quick chart this evening; nearly midnight and gotta be back at work at 0700. Of course the market is killing anybody who tries to get short virtually anywhere. What’s the old saying about the market likes to go up with as few people on board as possible?
Anyway, have a look at the Qs:
Today’s nearly-a-hanging-man will have me looking for an intraday short entry on any gap-down opening tomorrow morning. Such a short could be good for a nice two or three-day swing trade. Or in this market, a nice 10-minute stop out!
Later, tater.