14, 30 weekly setup on QQQ looking back at it.... chart...
For extra speculation, I added AMZN and noted it is 11% of the QQQ
If AMZN has cooled and moves back to ATH along with other tech strong names... we could see ATH on the Q
We filled lower gap levels, which indicates further launch incoming if buyers stay the course..
I think everybody wants to own strong tech leaders aka nobody really selling... QQQ is a winner imo
Enjoy... Know why you are trading what you are trading..
My play....
I traded the 231c on Friday 10 contracts from .79 to 1.50 and then I rolled into mid June19 calls...
Upper gap levels will get filled quickly, possibly on a Monday gap up.
Good luck..
For extra speculation, I added AMZN and noted it is 11% of the QQQ
If AMZN has cooled and moves back to ATH along with other tech strong names... we could see ATH on the Q
We filled lower gap levels, which indicates further launch incoming if buyers stay the course..
I think everybody wants to own strong tech leaders aka nobody really selling... QQQ is a winner imo
Enjoy... Know why you are trading what you are trading..
My play....
I traded the 231c on Friday 10 contracts from .79 to 1.50 and then I rolled into mid June19 calls...
Upper gap levels will get filled quickly, possibly on a Monday gap up.
Good luck..