Invesco QQQ Trust, Series 1Updated $QQQ Trading Range for Feb 3rd 2025
So we are at the bottom of the one standard deviation move off of last Friday’s clothes which is 512. This could be the bottom of the day heading up towards the 50 day moving average and if we do drop a little bit lower 511 is on Tuesday’s contract and then we have a support gap underneath that so for the day very likely we are close to the bottom here but of course we have a terror in the White House so we don’t know But I’m gonna call this bottom looking for a move back up to the 50 day moving average
Trade closed: target reached
Literally what I said happened... I love when that happens. 🙌🏼 Great job it you caught that bottom!!
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🚨Subscribe here if you want these charts in advanced on YouTube - it’s free, youtube.com/@spyderqueentrading
🔴My Chart Settings- youtu.be/WJhP0NhED0o
I am not your financial advisor.
🔴My Chart Settings- youtu.be/WJhP0NhED0o
I am not your financial advisor.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.