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Not selling anything. Just Macro trends, DeMARK indicators and some stats.
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QQQ TD Sequential 13 VTI Sequential 13 FB Earnings Gap Defense
Looking at trying a few longs this morning. Liking the risk-reward on tech here but have to remember to scale positions on an upmove quickly. Bears are quick to reload and hit bids after the market even shows a small amount of hope.
I like FB against the earnings gap and watching how the TD Sequential 13 reacts on QQQ and expressing it long via short-term calls on QQQ.
FB Earnings gap
QQQ completes DeMARK 13 sequential today into support