DayTrading QQQ Swings (QQQ)

[maybe_this_time]

Re-reading your 4/5 post, yes you did call the up move the night before... What made you believe that again? Though the gap up broke the down trend from the head and shoulders, it quickly deteroriated... Looks like we may finally get that breakage of support level today and get that short term pullback we are looking for.

But yes, with seasonality due to kick in (I don't quite understand that, but Cycles News and Views talked about it also...), we could see a nice setup for that here, especially if this pullback is modest (if we get the pullback at all.) Unless something bad happens again to kill it, maybe something coming out of the EU, seems like we need to starting long until summer... But we can't plan for a black swaun, but certainly need to recognize them when they finally show up as we are expecting one.