Following up on our earlier analysis, Pre-FOMC Major Crash? It’s Actually an Opportunity: The Exact QQQ Swing Entry Point You Need Right Now!!!, here is a supplementary chart breakdown for our QQQ swing strategy.
- Additional Buying Zone: If the market experiences a deeper pullback, we are looking at the $650 area for our next scale-in.
- Upside Targets & Action Plan: If a direct rebound occurs, our 1st target is $686 and the 2nd target is $694. Specifically, we recommend either fully liquidating your position or trimming size to let the remaining shares run upon reaching the 1st target.
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