We seem to have found support on this trend line for the time being . Also we beat expectations for LEI report today , which I think provides us a good chance market will move back up from here . Not to mention , DOW, NASDAQ and SPY are all in confirmed up trends on their 15 min charts as I write this.
Taking all that into account , I like the risk reward odds on a TQQQ long, initial target is marked on chart but after this passes a 1 to 2 risk to reward I will start adjusting my stop to protect profits. I will trade this as trend following setup rather than a swing .
Good luck ~
Taking all that into account , I like the risk reward odds on a TQQQ long, initial target is marked on chart but after this passes a 1 to 2 risk to reward I will start adjusting my stop to protect profits. I will trade this as trend following setup rather than a swing .
Good luck ~
Trade closed: stop reached
well we seem to have continued down , perhaps its time to watch from the sidelines for a bit ...
艾力克~
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艾力克~
Disclaimer
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.