QID hit the 50dma target, and is now bouncing off it. I’m long QID, and expecting a 30-50% retrace of the recent rally. Today is the first higher high candle.
Here’s entry using the 15-minute QID chart. Bought the higher high candle as the ETF put in a higher low pivot. Notice the fibonacci 7 candle run after the signal.
I also shorted JASO on the lower low daily candle, and 15-minute short signal.
{ 2 comments… read them below or add one }
Damn, I got a W-2 job last week and can’t work the market in real time….
There’s always swing trading