6800 – My Line In The Sand
In my opinion, should the Nasdaq Futures stay above 6800 overnight, I think we will see higher prices tomorrow. It’s currently around 6850.
The QLD ETF Trade closed up 12.04% today, with the Nasdaq NQM18 currently up around 400 points (+6%). I would love to see the QLD get to over $83 per share tomorrow to record a $10 per share gain. So, that is what I am hoping for, and the pattern still looks bullish to me. Therefore, only unexpected news or a doozie of a Trump tweet can derail this trend I think.
Congratulations to all the fellow traders following this one and scooping such a big win. I am truly delighted for you all! But let’s hope for even more 😉
Bring in the bulls!
John