Apr. 16 at 4:53 AM
$QQQ A pullback to the 603–610 area is very possible. But if you can’t time it right, you’ll keep getting smoked on puts. Personally, I’m not fighting the trend, of course I made emotional trades in the past, but if I was reckless like some of these gurus, I’d not have lasted 12 years here. That being said If we lose 636, I’ll look at puts or If 640–644 turns into clear resistance. Otherwise, there’s still plenty of strength under the hood. If names like
$MSFT start pushing back toward ATHs, QQQ could test 680s ,even 700+ by year end.Looks like
$AAPL still looks like it wants 300s
$TSLA could easily revisit the 480s , one thing for sure this summer will be interesting.
One thing people forget: The market doesn’t have to be logical. It doesn’t owe you anything.
If you’re trading a small account, your job isn’t to be right, it’s to survive. So don’t chase tops. Don’t chase bottoms. Clean setups, boring entries. Consistent wins, small to no losses. Everyone always feels like they “missed the move.” Just 12 days ago people wanted puts thinking they missed out. Now we’re at highs again , yet 2 weeks ago we saw prices from September 2025. There will ALWAYS be another opportunity. You can try to make
$1K every day and blow up… Or wait, stay patient, and make
$10K on the right day. Less trades = less exposure = better outcomes. Remember patience pays.