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QQQ TD Sequential 13 VTI Sequential 13 FB Earnings Gap Defense

PetrTrades

May 12, 2022

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