Rich1: Hey don't bet on me, this "water wiggle" catching the last few weeks has been challenging...gg
The boyz are doing their best to keep us all guessing. They want the shuttle empty when they finally ignite the solid rocket boosters.
My intra day voodoo was legging into the over bought range as the price action approached the rising resistance line for the in play QQQ rising wedge (originating from the 8/5 pivot low and a falling resistance line originating from the 5/17 pivot high.)
Just trading the percentages. Looking for the "boyz" to do an inventory adjustment. But who knows for sure, I may have been a little early, time will tell.
White knuckle trading is risky. I'll not hesitate to cover and recycle my position if the price action calls for it...