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Decision Day!

November 2, 2022
The Money Magicians
The Money Magicians Blog G. Allan Collins

Good Morning,

The bears showed up yesterday right at resistance as expected at $390 and change. We have Support at 380 and then $378 if we break down through $378 go short because it looks like we will be headed back to the 20 day moving average at $372 and then $358

The QQQ’s also hit resistance where we expected at $282 next resistance will be at $284 and $293 if we break through $272 go short because we expect to retest the lows with our price target of $252. 

Cheers,

G. Allan Collins

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