NVidia breakout is proof of new trading cycle on equities, especially QQQ

Watch for move to 530 to take profits on initial move

The previous break of the 40 day downward VTL on NVDA 0.00%↑ is evidence of new trading cycle (80 day) forming in equities.

Take the trade on any pullback to 500 area.

My idea is to buy weekly options with stop below today’s low.

Again this is my personal trading idea and not advice.

QQQ 0.00%↑ elevated today.

Derek