$QQQ bounces down off of resistance; 15th day of QQQ short term down-trend; calls on $SQQQ

GMI3/6
GMI-25/8
T210839%

The QQQ failed to close above resistance levels (30 and 50 day averages) on Thursday. With the pre-market futures down, most probable short term direction is down. Thursday was 15th day of QQQ short term down-trend. I hold some call options on SQQQ in my trading account.

 

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