Another classic trend down day for the market. QQQ 344 short term support then 340 big psychological support. If that goes recent lows comes to picture. Market below 200 MA,with Russia, inflation,rate hike, get used to these 3 up days then 2 big down days for a while. Active trading playbook remains in play with both long and short.
Follow me on Twitter for real time trading setups@szaman and on StockTwits @szaman
Check out our watch list and game plan:[caption id="attachment_65001" align="alignnone" width="800"]
AMD Short watch if 200 MA goes and stays below.[/caption][caption id="attachment_65000" align="alignnone" width="800"]
NVDA Holding 20 MA. If 240 goes and stays below might have a problem.[/caption][caption id="attachment_64999" align="alignnone" width="800"]
RBLX If 53 goes, 50 should be fast.[/caption][caption id="attachment_64998" align="alignnone" width="800"]
RIVN Red to green worked great for a quick long. Now potential failed bounce candle. Short watch on green to red or on clean trend.[/caption][caption id="attachment_64997" align="alignnone" width="800"]
DOCU Stair stepping lower. Short watch on open range break.[/caption][caption id="attachment_64996" align="alignnone" width="800"]
SE Bear flag. Short watch on failed to bounce to 139/140.[/caption][caption id="attachment_64995" align="alignnone" width="800"]
OKTA Short watch on 171.50 break.[/caption][caption id="attachment_64994" align="alignnone" width="800"]
CFLT 51 big spot on this one, If breaks.[/caption]
Only 4 Seats Left in Tomorrow's Boot Camp!
Click Here to Save Your Boot Camp Seat
