Today’s QQQQ Trade In Pictures

In last night’s post, I wrote that yesterday’s hanging-man candle would have me “looking for an intraday short entry on any gap-down opening tomorrow morning“. Well…

QQQQ sets up
hawk
Wait for the break, grasshoppa

Then about lunchtime:

QQQQ breaks
eagle
Time to move!

And as the rest of the day unfolded…

QQQQ craters
Boogie!
 

1 Comment

  1. Market readies for next thrust • dummyspots.com said,

    November 6, 2006 @ 3:44 pm

    […] I have a swing short on the Qs I entered off its hanging-man last week. A break of today’s bar to the upside will see me covering. A break to the downside, and I may add more. […]

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