Invesco QQQ Trust Stock Discussion

Gilley : yep gotta make sure I have no money like always did this to me last 2 crashes it got me completely out then crashed i put alittle more in and bought puts the past 2 days after being pissed off I was missing this down instantly bullish asf now ill be out again Tomorrow so probably back down soon

Gilley : it's always this way when I buy puts high every recovery so far

Skye7171 OP : Remember we may be bullish but healthy pullback is needed as we push upward. that has not happened at all yet and call buying is absurdly high rn

Skye7171 OP : 7 solid green 3m candles later…

Skye7171 OP : the number of green candles at open should be a warning sign, just saying

TokenSleep : Call buying is high, rightfully so. I don’t think a dump is likely, so long as economic data doesn’t create more uncertainty. If it does, it’s possible it can fall between 585-572. But I think that’s unlikely. Don’t forget, there has been massive sell offs the past weeks, creating some imbalance to the upside needing to be balanced. We can definitely see 600 today, maybe even 602, before pulling back down. We shall see.