Invesco QQQ Trust Series I
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"This is fine" on Nasdaq?

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The general sentiment coming into this week is that the bear trend is over and "things are fine." Maybe. This morning there was a 30m opening spike on QQQ I cannot ignore. It is happening right at the big Daily 50% Retracement of the leg down:

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The level is even more prominent on Nasdaq futures and one can add the Volume Profile Point of Control to said level.
NQ1!

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Playing this with June Puts on QQQ but going to use today's high as a tight stop. We'll see what "Sell in May" brings...

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