amfunk

QQQ may bounce off $300 Twice

NASDAQ:QQQ   Invesco QQQ Trust, Series 1
See my related ideas. Tech is fuk?

Not necessarily, I drew multiple lines of support in case shit hits the fan on today's bond auction, but inflation is coming in lower than expected. This is really good for the market, but yields are still rising.

If QQQ does reach $300 again, I'll most likely be buying the fuck out of this because similar to September, the Stochastics double-dipped at the current oversold levels. Will it happen again? Probably not. Can the market go higher? I hope so.

Most stocks reacted well and are yeeting themselves nicely. I'm pretty gay rn with all my puts for the short term. Been dipping my toes in some bear shit.
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