Yep. Easy Money. Knew it would pump. That's what this thing does. It's been really free money how it pumps every Monday. Now the fake fade and the re-pump is happening. Such an incredible non-stop bullish market. So many times it tries to fake you will these dips that get V'd faster than anything.
Whatever you say. The way easier money is buying this dips. Sure there are some red days, but if you can survive them you know the V and the pump is coming. This thing spends more time/days going up and the pumps are way more intense than the drops so even if it doesn't gain much in your timeframe, there are many profitable trades taking advantage of these easy 6-7 QQQ rips that just happen like magic.
LOL its trading below the open right now. Non-stop bullish market that it still nowhere near its high. Let's see where it closes.
It's been setting these bear traps intraday aka fake fades Similar to Friday, not a single red tick. You can see the when it gets to a certain point, the selling magically disappears. 4/6 green days and another Green Monday. There's a way higher chance of this going back above 350 than seeing a single red print.
You say chit like this and give as a reason .... just because. While ignoring the trend in place since the top. Yes markets have been going up for years and years, but they also go down some of that time. Traders trade both directions. You obviously don't see the hollowness of such bloviating. Oh well. Like I said let's see where it closes - as it is dropping back down again currently.
It's doing exactly like I said. It was never going to touch red and almost certainly was going to close above the Open 347.83 I get it's an unpopular take, but this market is the most crazy bullish thing ever. The way it rips pumps is so far and away more profitable, predictable, easier than a drop. You get 1 or 2 red days every now an then, but the majority of the days it's going up and it's being pumped.
Its not a question of popularity. I could care less which way it goes. Whichever way it goes I trade it, but nothing is automatic. If it were then for instance, TSLA would be up today with all the other Naz Biggies.
What an amazing pump. I was right about it. Pretty much last week's drop completely answered with the V like absolute Magic. That is why you play it long because it's hard to predict the drops, but the one thing you know for sure is every drop will setup and very easy long trade, since no red is ever sustainable in this market.