Invesco QQQ Trust Series 1 (QQQ)

[farooq]

They painted the prefect picture that we are going near 1800 or little below.
Da painter forget to take the brush which says nana 1823 and we will start our Rocket to upside. We will visit 1780 in second round we need to go up and clean easy bears, we will go to 1940 to 1970 area. Depending how fast bears cover there tracks.
Here is Fundamental picture
1- Fed is not increasing rate in near future. So status Que back in action.
2- Cheap money is or QE is supplied by Euro and Japan which is more then enough.
3- Iran is going to trade in Euro so strain on $ will be relived and it help Euro as there demand increase, this may be followed some other oil producing countries.
4- Major shift will be bad for $.
5- Gold is going to 800$ in coming year.
When oil is low Gold always trade alongside.
Good luck and happy trading.