Alright so options for QQQ havn’t expanded out yet so this is the setup for 30D average volatility for today (tues), Wednesdays implied move is in the middle and Fridays Contract on the far right.
We closed last week just under ATH’s
Futures already gapping us over that but look how overbought we are here.
Top of the implied move on tomorrow’s contract 544
35EMA underneath us and we are still bullish there so look to that level as support
Looking bullish here - just overbought.
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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.