Bought 40% QQQ @ $373.65 Stop @ $361.89 Target @ $419.00 The Nasdaq (NAS100) fell sharply overnight, tested the rising 200-Day Moving Average, then rallied sharply from there. It’s quite possible this represents a cycle low and we’ll see another strong rally from here. The positioning gives us a solid entry near support, leaving us with a very good reward-to-risk trade.