QQQ
The index gapped down today and closed strong above yesterdays high.
The 10 is under the 20 due to the past 10 days, and price ultimately undercutting the 50. As price continues to live above all KMA’s, that should change.
The angle of the 10ma is improving, the 20ma is sloping up and the 50ma is flat. Market conditions are improving.
My current risk given the market environment: Full Size
What I did today
No new trades. Ditched DXYZ yesterday at the close
DXYZ
With space theme in full effect, I found an entry on this name as it crossed back up the range break I was interested in at around $32.60. Stop remains at LOD. DXYZ isn’t a quality name, but it is in theme which makes it part of my stock selection criteria. Sold it at the close yesterday for a scratch as it did not push out as I wanted it to.
Equity + Holdings:
