Invesco QQQ Trust Series 1 (QQQ)

[farooq]

Rear view mirror shows yesterday's exit was premature and we are hitting on all cylinders, we left 2 $ on the table.
After the sale QLD came back since I was not on the desk so I was unable to take benefit of discount.
45.30 on QQQQ could be near term target and then 46.20 is a possibility. Although I do feel we could come back and test break out.
My gut feeling is we go to 45.90 area and then violently test 43 and upper 42 area on QQQQ.

Skip, Smartone, and Beerworld thank you for input on QQQQ weekly chart, I posted a weekly chart because it shows trend better and reduce noise.
I am always looking forward for input and different views.

Thanks again for sharing your views and giving precious time.

Happy trading.