Mike's Mid Day Minute is available to members on Monday, Wednesday & Friday evenings, with one article per week available to non-members. Members please login and see "Mike's Mid Day Minute" in the navigation menu towards the top of the page.
Plunge in Q's
After two hours of trading, the Q's have plunged from their pre-economic data high of 38.67 to 38.08 so far, likely on the way to my optimal next pullback target between 38 and 37.80 which must contain the selling pressure to avert a much more damaging decline towards 37-36.80.
For more of Mike Paulenoff, sign up for a Free August Trial to his ETF Trading Diary.