Still Ahead: Circuit Breakers


I posted the QQQ Intermediate Term chart in the previous Pièce De Résistance post, dated April 22nd. The index has since fallen from 328 to 305, closing on Friday at 309. The Fibonacci extension price forecast is for QQQ to be at about 225 around mid-June. The QQQ Jun 17th $300P closed Friday at about $1,100 per put. At QQQ 225 it will have an intrinsic value of about $7,500. 


QQQ Intermediate Term Trend Model With Buy & Sell Signals