Buy Signal

Buy Signal

The Founder’s Group is taking a long position in the NASDAQ 100 futures at 13733 with a 15 point stop. This is a somewhat risky trade at the top of the range, but also note the upside reversal Head and Shoulders pattern formed from Friday. As always, do your own homework carefully. QQQ at the money July 16 calls or a debit spread will work as well.

AF Thornton

Website: https://tradingarchimedes.com

A.F. "Arthur" Thornton is an expert in logic, risk/reward quantification, market fractals, pattern recognition and asset class behavioral analysis with 34 years devoted to developing algorithmic and quantitative trading systems. In addition to trading his own capital, Mr. Thornton designs custom algorithmic and quantitative trading systems for a small and exclusive group of exceptionally qualified traders.

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