In this chart we can observe the currently active time at mode signal in the monthly QQQ chart. The uptrend has a long way to go still, so I expect further upside. You should be long a few stocks by now, or at least long QQQ or QLD, or SPY. Let's see how this evolves.
Good luck,
Ivan Labrie.
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You can long here with stop at 115.84
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We can move stops to today's low plus 1 tick. (I'm getting back in tomorrow, I closed before FOMC) We can also buy dips to add to the trade, and keep the stop higher, to maintain 0.5-1% risk exposure here.