$QQQ TRADE PLAN | LONG
Entry: 723.50–725.00
Stop Loss: 718.50
TP1: 730.00
TP2: 735.00
TP3: 740.00–745.00
Why LONG?
#QQQ has reclaimed important moving averages and the broader short-term structure remains bullish. The key thing I'm watching is 724.65–725.
A clean break and hold above that zone would confirm that buyers are still in control and could trigger another push higher. Fundstrat's Mark Newton is also watching 724.66 as the key level for a move toward 730 and potentially 740–745.
🧠The ideal setup is:
724–725 → breakout → hold → LONG
If price confirms above 725, let the trade work toward 730, then protect the position and trail toward 735–745.
click here to trade 👇🏻
Entry: 723.50–725.00
Stop Loss: 718.50
TP1: 730.00
TP2: 735.00
TP3: 740.00–745.00
Why LONG?
#QQQ has reclaimed important moving averages and the broader short-term structure remains bullish. The key thing I'm watching is 724.65–725.
A clean break and hold above that zone would confirm that buyers are still in control and could trigger another push higher. Fundstrat's Mark Newton is also watching 724.66 as the key level for a move toward 730 and potentially 740–745.
🧠The ideal setup is:
724–725 → breakout → hold → LONG
If price confirms above 725, let the trade work toward 730, then protect the position and trail toward 735–745.
click here to trade 👇🏻