Nasdaq: QQQ Final Swing? Shorting $540+

18 Nov

QQQ

Hey Everyone,

Hope your week is going great!

As the year winds down, I just want to say—congrats to all of us for making it through. 🥳 We did it!

I’ve been working on a trade idea that I’m excited to share with you. Here’s the plan:

Trade Plan: Short QQQ Mid Term

Swing Trade - Multi day trade
I’m anticipating a strong rally over the next few weeks to close out November if strong enough. After that, I’m watching for QQQ to break below the $540 level.

Short Term Trade Long QQQ
I will be first Looking for a re-entry at current price levels to go long this will allow me to play both sides of the trade targeting short entry zone of $540+ where price starts losing momentum. Then I will follow the main trade idea to do a round trip by shorting this move.

Will provide an update for more specifics.

Let’s finish the year strong—have a good one!

Thanks,
Clemard