US Markets - Taking some of the long QQQ trade off

Cerundolo Investment Research    

US Markets Update  

Volume 6, Issue 8
February 2, 2022

 

Items of Interest: 

Price is into the 50% retracement area and stalling. This would be a good place to start taking some of the long trade off, and more if we take out the $164 area. If we get a late day surge from here, we would still have a smaller position on.

us_020222