IvanLabrie

QLD: Buying at market open, buying dips

Long
IvanLabrie Updated   
AMEX:QLD   ProShares Ultra QQQ
Simple, let's buy dips to 84.98, and also buy at market open tomorrow. Risk 1% between both entries with stop at 83.91.
Today's events pave the way for uptrend continuation in equities, as I had suggestes previously. Now we have firm confirmation with VIX retracing 75% of the recent spike. We only need QLD to sharply rally off this juncture, so be ready to join this trend. Target is a rally above 100 at least.

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Good luck!

Ivan Labrie.
Trade active:
Bought at 86.85, stop 83.91
Trade closed manually:
I'm focusing on the QQQ/EWG pair trade, and the CFD long I have in a separate account.

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