A bounce will not be a rally $QQQ $SPX $DIA | #markets #trendfollowing #trading #investing #heikinashi

The most important question in trading/investing is “How much are you ready to lose?”

Once you get the answer, the vision becomes clearer and everything starts falling into places.

–

QQQ Tech ETF  ($QQQ) daily

• (!)  Only 3.5% to the trailing-stop.

• (!)   haDelta is negative with weak signs of a short reversal. 

• (!)   Head-and-Shoulders since January.

–

QQQ Tech ETF  ($QQQ) weekly

• (+)   Heikin-Ashi reversal doji.

• (+)   QQQ is sitting on the support/trailing-stop.

• (+)   haDelta points to a reversal/bounce.

–

QQQ Tech ETF  ($QQQ) monthly

• (!!) Heikin-Ashi reversal doji.

• (-)   Negative divergence price :: haDelta.

• (-)   Negative haDelta signal.

–