Buy the dip of Nasdaq! My long setup on daily chart
I marked the zone on the daily chart with entry reasons.
Basically, the uptrend is so good that the drastic drop will create buying opportunities. I check the Fed OMO data and they are still buying... So the drop won't be a big issue now at least.
For future trading, it's a wide zone.. You can refer it as trade setup for QQQ(a Nasdaq ETF).
Basically, the uptrend is so good that the drastic drop will create buying opportunities. I check the Fed OMO data and they are still buying... So the drop won't be a big issue now at least.
For future trading, it's a wide zone.. You can refer it as trade setup for QQQ(a Nasdaq ETF).
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momentum is so strong that the setup failed to be achieved...
plan your trade and trade your plan
