Just the type of article I like to see when I’m holding a short position. For the last week I’ve been short the Q’s (symbol: QQQQ). It’s been a hairy ride but I’m more convinced than ever that we’re not going to new heights any time soon. But how soon is the $64k question. The article below points to a very hard S/R level. Something that’s nice to know.
Overhead Cradle Resistance for the SP 500 Feb 3 | Afraid to Trade.com Blog.
