THOUGHTS: QQQ (Nasdaq 100) went very close to 1000 daily moving average and also in a monthly chart, it touched 50 month EMA - sort of critical levels and plus stocks were down huge in last two weeks, so oversold bounce was due. On top of it, it got Bank of England buying bonds news in the morning which created a massive rally day.
TRADES:
Bank of America:
e-TRADE:
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