BMO Commentary
Go through the Morning Checklist to see how the Markets are currently doing and what Economic Events may affect the Markets today.
0645.ET
World and US Markets/Futures are Up slightly.
QQQQ/SPY are currently Trading at 42.42 / 106.36
QQQQ Resistance is at 42.50, then 42.6x, then 43.0x – 43.20
QQQQ Support is at 41.90 – 42.0x, then 41.40 – 41.60, then 40.80 – 41.00
There are Big Economic Events out this morning starting at 0700.ET, with several Big Reports out BMO and soon after the Markets Open . . so watch out!
I am still looking to Short QQQQ Rallies as opposed to Buying Dips . . . I see a major Drop coming soon … sometime within the month of October.
AMC Commentary
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Penny Stock Profits!
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