Options Flows Newsletter

Traders,

Last week we nailed the head fake to sell rally to the T. I talked about $QQQ ( ▼ 1.85% ) trading into the gap which we did only to sell to make new lows.

We’re not here discussing macro, we’re trading price action and last week was another great week for those that read this letter.

Late Friday we got a Tweet from Big Orange about the market which saw us rally after the close.

Does that hold? Who knows, who cares; we’re focused on the price action because it usually plays out that way.

This week let’s get into:

  • New $QQQ ( ▼ 1.85% ) levels and notes on trading a potential rally

  • Two ideas that are oversold to watch this week

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