Expected pull after first tap to 200 MA. QQQ 260 short term support. See if bulls defend that level . So far away from 20/50 in such sort time, deeper wouldn’t be surprising either. Many tech growth names also finding resistance on 50 MA . Sim picking as far as longs. Needs to be patient for quality setups to emerge.
Follow me on Twitter for real time trading setups@szaman and on StockTwits @szaman
Get access to our accelerated day or swing trading course with over 20 hours of content, access to our trading chatroom, live market commentary, and much more. Learn what it takes to succeed in the best profession in the world.
Check out our watch list and game plan: