Public trading strategy
Peace breaks out, Wall Street cheers — ride the market relief rally on the S&P 5
Thesis
The end of the Iran war removes a massive cloud of uncertainty that has been hanging over the global economy. With the Strait of Hormuz reopening, investors are breathing a sigh of relief and rushing back into riskier assets like tech stocks. Futures for the major U.S. indexes are already jumping, suggesting a strong open. This type of sudden geopolitical resolution usually sparks a momentum rally that lasts for several days as fund managers reposition their portfolios.
Strategy approach
Build a rule-based strategy that enters long QQQ on the 1-hour timeframe when the price breaks above the previous day's high with an RSI(14) between 50 and 70. Exit if the price drops 2% from the entry point, or hold for a maximum of 5 trading days.