Looking at the 50ema as resistance in hope of a QQQ return to the lower Bolinger bands and 23.6% fib… I would really like to see the QQV unwind a bit before averaging into the calls again, just incase we do see the 100ema. I can’t afford to average in early if it the QQQ takes its sweet time making new highs… I may be making a big mistake waiting…
After all, how long have I been harping how the 63ema is a real thing?