Buy Signal

Buy Signal

I am comfortable moving forward with the buy signals for 50% NASDAQ 100 and 50% S&P 500 this morning. If you want to do options, focus on the April 21 at the money calls on the QQQ and SPY. If you want to simply buy the cash indexes, the QQQ and SPY ETFs will do.

You don’t have to invest all at once, perhaps focusing on dips in the 30-min or hourly charts.

Always remember, the markets and all leveraged instruments involve a high degree of risk. Always do your own homework. This information is shared for educational purposes.

A.F. Thornton

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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