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Tuesday, June 30, 2015

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Possible Bottom developing today with QQQ

8:52 AM    No comments
Today I am watching a potential bottom developing today in the cubes. Lets take a look:

While it is still early in the day, we will be watching this toward close. If today's candle is still displaying a reverse hammer 1 half hour before close, I am going to get in with some call options. But I am going to do so cautiously, because I don't think that the parade is gonna start tomorrow, I still sense chop coming. I will be watching this today as well as market news that would impact the NASDAQ for tomorrow and then make a decision a half hour before market close.
Stay tuned for my action,

Tradinginsider

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