Had a golf vacation and didn't update that I stopped out on the QQQ EO (41 calls) quite quickly after I got in. The Q's have dropped to the mid $38 range as of now. The entire market has really come down and I'm in the belief that we will go up quickly on a bounce. Short term move up that is. Looking for an entry point depending on what the RSI 5 tells me.
Currently the RSI 5 is at 18.01 and the SMA is about to cross the price line, telling me to go long...once again. Stay tuned...
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