That's the reversal candle and what I think is the highest probability considering the futures, but I want to take a look at risk assets also. If they confirm, I'll be adding the second half of TQQQ.
5 years ago
Wednesday, October 10, 2012
The Close I'm looking for
This is the close I'm looking for today, we have 3 hours so it's very possible. This isn't the best rendition, but I think you'll get it.
This is the daily QQQ chart, the green candle I drew in the white box is what I'm looking for today as a closing candle with volume picking up, that means we'll have to see some upside through the close. The pattern could also look more like a hammer or have a slightly longer body (open to close) rather than a doji, a star.
That's the reversal candle and what I think is the highest probability considering the futures, but I want to take a look at risk assets also. If they confirm, I'll be adding the second half of TQQQ.
That's the reversal candle and what I think is the highest probability considering the futures, but I want to take a look at risk assets also. If they confirm, I'll be adding the second half of TQQQ.
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