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The Questions a Smart Trader Is Asking Herself Right Now

Sami updates last week’s correct call on the end of the uptrend on the daily QQQ chart, and what he sees coming up this week.

Want to move forward like a pro? Then these are the questions to ask right now:

Did we break under the long term trendline? (Yes!)

Did we break under the moving average? (Correct!)

Do we have price below the moving average now? (Absolutely!)

Is the moving average now flat or starting to move down? (You bet!)

This all points to coming weakness.

But, something on Friday contradicts these points…  so how should you play it?

Watch now to see Sami's latest game plan so you'll understand how to play this uncertain market: