Shared by
spyrosz
+18% in a fast & furious rally-mode, all caused by a perceived "FED pivot", while in reality, nothing funda has materially changed. Animal spirits!
Now, we are pressing against some confluence of daily resistance=20SMA@weekly=$314-318 area that deserves some risk...
-- Got short filler at the opening pop to 20SMA@weekly=$314, added full Tier 0 right in-front of main resistance target $318, risking stop $325s, 1xATR~$7 above the resistance level
-- expecting sellers to reject price here, $QQQ to roll-over lower
-- 1st target=9SMA@daily tag, main target is $294-295 area
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-07-29 10:50:30 | QQQ | sell | $313.996 | short |
| 2022-07-29 14:41:01 | QQQ | sell | $315.080 | short |
| 2022-08-01 10:07:32 | QQQ | sell | $317.016 | short |
| 2022-08-01 10:12:23 | QQQ | sell | $317.750 | short |
| 2022-08-01 10:45:51 | QQQ | sell | $317.415 | short |
| 2022-08-08 09:55:14 | QQQ | buy | $326.130 | 0 |
| 2022-08-08 10:48:06 | QQQ | sell | $324.340 | short |
| 2022-08-11 09:36:03 | QQQ | sell | $327.601 | short |
| 2022-08-22 07:00:12 | QQQ | buy | $318.445 | short |
| 2022-08-26 14:22:52 | QQQ | buy | $309.988 | short |
| 2022-08-29 07:00:19 | QQQ | buy | $303.990 | short |
| 2022-08-30 10:37:46 | QQQ | buy | $300.350 | short |
| 2022-09-01 10:15:01 | QQQ | buy | $295.220 | short |
| 2022-09-01 10:46:04 | QQQ | buy | $294.220 | short |
| 2022-09-23 09:44:00 | QQQ | buy | $275.900 | short |
| 2022-09-23 10:13:11 | QQQ | buy | $275.290 | short |
| 2022-09-30 15:57:00 | QQQ | buy | $267.290 | 0 |
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