Morning update:
Looks like a winner so far. I got in at 1850 and moving stop up to even. If we underthrow, I'll hit it at 1841/1843, but that would be it as losing the April gap would be bad news for bulls. Overnight lows at 1853.25 is what bulls need to defend, if they lose 1858.25 again. Right now struggling at 1865. Conservative traders can book +15 now, or raise stop to just under 1858 and guarantee 6 or 7 points. You should be in this trade, I have harped long enough about that April gap for QQQQ.
(this is a preview of an upcoming paying service I will be providing).
Looks like a winner so far. I got in at 1850 and moving stop up to even. If we underthrow, I'll hit it at 1841/1843, but that would be it as losing the April gap would be bad news for bulls. Overnight lows at 1853.25 is what bulls need to defend, if they lose 1858.25 again. Right now struggling at 1865. Conservative traders can book +15 now, or raise stop to just under 1858 and guarantee 6 or 7 points. You should be in this trade, I have harped long enough about that April gap for QQQQ.
(this is a preview of an upcoming paying service I will be providing).
This entry was posted
on Friday, June 27, 2008 at 6/27/2008 10:04:00 AM.
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