Fed cut 25 basis points

QQQ actually went up after the cut was announced, but it closed lower. The uptrend line is still intact although the selling was little bit heavier than yesterday. Closed half position on the long. We shall see how it plays out this week.

Fed cut 25 basis points

QQQ actually went up after the cut was announced, but it closed lower. The uptrend line is still intact although the selling was little bit heavier than yesterday. Closed half position on the long. We shall see how it plays out this week.