Hello, this is NasdaqAlpha.
QQQ has pulled off a deep downward trend for about four days now. At this point, shouldn’t we start looking for a technical rebound from a swing trading perspective? Honestly, starting dollar-cost averaging/partial entries from today wasn’t a bad choice either. If you missed out on buying today, it’s not too late at all to calmly observe tomorrow’s market conditions before making a decision.
As I always mention, my blog’s long-term and swing investment criteria strictly follow the ‘3-part split purchase’ principle. If you check the chart from my August 7 post, you’ll see that my previous swing trade successfully wrapped up in a clean profit. I’ll make sure to wrap up this current downward phase with a nice profit as well through disciplined split buying. ㅎㅎㅎ
💡 Today’s Trading Criteria & Strategy:
- Initiate Split Purchases Starting Today: Taking the first step from the current price range is a solid strategy.
- Response for Tomorrow’s Session (Including After/Pre-Market): If the market drops further tomorrow, I will buy without hesitation. A price range below $706 would be ideal, but even if it doesn’t drop that far and rebounds, we can comfortably accumulate shares right around the current price because it’s a split purchase! However, if the market opens with a gap up tomorrow, there probably won’t be much meat left for a swing trade… so I won’t be buying. Please use your own judgment and decide wisely…
📌 Today’s Thoughts:
- “There is no single home run in life. Go slow and steady, never go all-in!”
- Rather than rushing to jump in all at once, if you stick to your principles, keep a long-term horizon, and scale in through split purchases, the market will always give you opportunities.
I will keep a cool, objective eye on tomorrow’s market movements and take my next steps. Wishing all our subscribers successful investments!
※ This post is for informational purposes only, and the user assumes all ultimate responsibility for investment decisions.
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