After Tesla Fanobois were whipped into the beginnings of submission... Eron was out touting BITC this past weekend with Cathy and Crew. BTC dumped $7K thereafter. ARKK, eff'd. ________________________________________________________________________________ Rocket science fraud. So obvious a... well - what a fool can see...
NQ/NDX 12 May 2022 The current implied volatility is at 40.1%/year So that converted into daily is 2.53% The opening of today was 11970 So based on that our channel for today is going to be compressed within TOP 12300 BOT 11700 with a probability chance of 79.8% based on the last 5395 candles From fundamental point, today we have PPI and initial jobless...
QQQ continues to enjoy the relief rally, which might get prolonged if the short-term resistance is penetrated to the upside. However, if that occurs, we will pay close attention to the price and if it manages to close above the mentioned level. In addition to that, we think that if the rally continues further, it might present itself with a good opportunity for...
Nasdaq is looking for refreshment and thus is dabbling in the blue stream between 12317 and 11600 points in the sandy yellow river bed between 12894 and 10501 points. The index should dive a bit deeper into the water now to finish wave v in magenta just below the mark at 12100 points, but it could also decide to leave the river directly. In both cases, Nasdaq...
The NQ daily time is in a down channel. The market is just above a down Fibonacci extension price point 12282.50. Once or if the down Fibonacci extension is hit. The market could either A) push bullish back towards resistance price point 14045.50 about +6,517 ticks above the market or B) break support and continue to sell off. It will be a good idea to wait for...
EMA Crosses occurring. Rotation Heat Mpa is underwhelming, Fundamental Catalyst or chase on for the Gamblers. ____________________________________________ Cashed and ready for whatever arrives. Relief or heartbreak. ______________________________________________ Keys to CT / RT are the DX and 10 Yr Yield.
NQ/ NDX 11 May 2022 The current implied volatility is at 41.43%/year So that converted into daily is 2.62% The opening price was on 12320 So based on that our TOP 12650 BOT 12000 This channel has a 80% change to sustain based on the last 5394 candles At the same time with 88% we can affirm that the price is going to be above TOP 12360 BOT 12300 From...
We maintain a bearish notion on QQQ. Accordingly, our short-term price target of 305 USD stays in place; the same applies to our medium-term price target of 300 USD. Illustration 1.01 The picture above shows increasing selling pressure. Technical analysis - daily time frame RSI, MACD, and Stochastic are bearish. DM+ and DM- are bearish too. ADX paused a...
CT, RT, or Further down to arrive thereafter. Bottoming Process ST? NQ Dipped into the PO by 21.5 Handles.
55 & 89 EMAs are the ones to watch. During the DotCon decline there were 6 RT's of size into the full decline over 2 years. I anticipate fewer in this decline. _______________________________________________ What causes reversals was stated in the prior commentary.
Peak EPS for Technology was Q3 2021 and not the fraudulent, recent and false reporting. Tech now faces a lose/lose proposition. Declining Revenues, Discounted Future EPS, Trade Wars, Demand Destruction, declining Savings and Disposable income. Increased Costs. Kondratieff Long waves can and do extend due to...
The rally will kill most of short. I am following the rally. Target to 14600. then waiting for new trend down.
but you have to be very careful because as you know the nasdaq can do anything at any time so put the stop loss above the entry ....
We can estimate with a 81% confidence that the volatility for today is going to be above 0.64% For this the market will stay above TOP 315 or below BOT 311 From the fundamental point of view for today we have 2 big volatility news: NFP Unemployment Both of them are expected to be lower values than last month -> bearish . With this in mind, I suggest a SHORT IRON...
QQQ dropped a staggering 5% in the previous trading session, and by doing so, it erased its post-FOMC gains. Meanwhile, our price target of 310 USD was reached. Because of that, we would like to update our thoughts on QQQ. We continue to maintain the bearish stance as we think QQQ is due to continue lower. Because of that, we would like to change our medium-term...
We continue to be bearish on QQQ. Because of that, we would like to set a new short-term price target for QQQ at 310 USD. We would also like to set a medium-term price target of 305 USD. Technical analysis - daily time frame RSI is neutral. MACD and Stochastic are bearish. The same applies to DM+ and DM-. ADX reflects a strong downtrend. Overall, the daily time...