Get started

QQQ

$DELL Bouncing Off 21 EMANYSE:DELL I was in this 2 weeks ago and made good $$$. I closed it out on April 8th on the second big red bar. This morning as it opened over the 21 EMA, I put ½ size position on with a stop below Fridays low of $117.61. If the market holds up and moves higher, I expect it to test the previous highs. I am also aware that it could have been a double top, and this is simply a bounce. The chart I am using is the All-In-One LevelUp tool available here on TV. Check it out. Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
NYSE:DELL
by jaxdog
TQQQ Tech 3X levarged ETF LONGOn this 15 minute chart, TQQQ is in an anchored VWAP band and volume profile breakout. Near to the end of the regular market, the RSI indicator ran from deep oversold. After hours, NVDA reported a sizable earnings beat. The AI machine learning and backtesting indicator forecasts and uptrend continuation. I will get call options targeting $58 for Friday's expiration. This is a risky play, price trend could reverse and there could be no time left to recover from that reversal. The rewards for the trade going right could easily exceed 100%.
NASDAQ:TQQQLong
by AwesomeAvani
🗓️Weekly Report: Key levels & Trade IdeasGENERAL MARKET REVIEW Concerns over a potential military attack by Iran on Israel triggered a gap down in the market at the beginning of trading on Friday. Following these events, there was a surge in oil prices, which then led to widespread sell-offs across the board. Virtually all stocks took a hit, with growth stocks experiencing declines ranging from $2 to $72, notably including MicroStrategy NASDAQ:MSTR . For this evening's analysis, we'll begin by examining the charts of the Nasdaq-100 (QQQ) and the S&P-500 (SPX). –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– SPX-500 The SP:SPX has been movig lower and plundged to the 50-day Simple Moving Average (red) on Friday. Holding this line could lead to an oversold bounce on the market. However, should a broader market selling start, then it is very possible that we test the 5000 psychological level or even the 4700 level that was rejected in August 2023 and February 2023. 💡Another interesting fact SP:SPX has created 22 all time highs this year (2024) and returned more than 25% over the past five months and has gone more than 1 year without experiancng a 1 day decling more than -2%. This is the 6th longest such streak since 1965. If you are wondering when are the other times: 2007, 1986, 1996, 2018, 1993. On average the index makes only 29 consecutive trading days without a 1 day that has more than -2% decline💡 –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– QQQ Very similar as it is clinging on the 50-day Simple Moving Average. QQQ and SPX are holding much better than the IWM or DIA, which have been consistently underperforming on their Relative Strength against the SPX. –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– META Meta has earnings on 24April (Wednesday). It has been holding very well and is a constructive pattern. You can see a triangle forming. Pay attention to the volume pattern. When the stock is moving up in this base the volume bars are higher than when the stock is moving lower –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– NVDA Too choppy for anything more than a quick trade. Next Technical buy point for me is at the $974 on heavy volume. I could start nibble on it with a quarter or a half position size as it is making constructive formations within this forming base. Constructive formations = higher highs, tight pivots. This is very watched stock so it would have high correlation to the general market
SP:SPX
by TintinTrading
Weekly Plan NQ Futures 4/14/2024Weekly plan: NQH2024 SEED_ALEXDRAYM_SHORTINTEREST2:NQ FUTURES 4/07/2024 18406 >> 18566 >>> 18718 Weekly pivot: 18284, Now 18172, Weekly Open TBD 18063 >> 17934>>> 17734 ------------------------------------------------- Based on the provided levels for the NQH2024 futures contract, here's a weekly trade plan focusing on trading from the pivot to the upside or downside targets: Weekly Pivot: 18284 Current Price: 18172 Upside Targets: First Target: 18406 Second Target: 18566 Third Target: 18718 Downside Targets: First Target: 18063 Second Target: 17934 Third Target: 17734 Trade Plan: Long Trades: Look for buying opportunities if the price remains above the weekly pivot (18284). Entry: Consider entering long positions on pullbacks towards the pivot (18284) or if the price breaks above the current price (18172). Targets: Target the upside levels of 18406, 18566, and potentially 18718. Stop Loss: Place a stop loss below the pivot or below significant support levels identified during the week. Short Trades: Consider shorting the market if the price breaks below the weekly pivot (18284) or the current price (18172). Entry: Enter short positions on breakdowns below the pivot (18284) or the current price (18172). Targets: Aim for downside targets of 18063, 17934, and potentially 17734. Stop Loss: Place a stop loss above the pivot or above significant resistance levels identified during the week. Risk Management: Ensure proper risk management by sizing positions appropriately based on the distance to target and stop loss levels. Consider using trailing stops to lock in profits as the price moves in your favor. Monitor the market closely for any changes in price action or news events that could affect the trade. Note: Always adapt your trading plan based on real-time market conditions and adjust your approach as necessary to manage risk effectively.
CME_MINI:NQ1!
by dhjesus
TQQQ - Cup awaiting Handle ?TQQQ on a weekly chart in 2021 ascended into a falling wedge. As part of the falling wedge, it started the downside initial part of a cup and handle pattern. The reversal occurred 11 months ago with the upside completion of the cup back to 57.5 In the typical cup and handle, the handle then forms in a 50% retracement of the height of the cup. the cup height measures 44.5 over a period of about 9 months. Notably relative volumes peaked at the bottom of the pattern. Once the retracement is complete, bullish continuation should occur to the extent of the height of the cup above the lip. That is to say an uptrend from 57.5 adding 44.5 to get to 102 more or less. But first the retracement and reversal must occur. Accordingly, if this is an incomplete cup and handle, it forecasts a retracement of 44.5 divided by 2 or to about 38 as shown by the Fib retracement tool. After that price must reverse then overcome the resistance of the lip of the cup ( 57.5) and continue to 102. Overall, this forecasts that a bearish crash is in store for TQQQ ( as well as QQQ from which it is leveraged). Time will tell if this pattern has given an accurate forecast. In the meanwhile, I will watch for signs of QQQ topping out on the weekly time frame after the same signs on lower time frames. The alternative view is that TQQQ is building an even bigger cup right now with the lip at about 88 when the price had a high pivot down on November 22, 2021. So, do you see a bigger or smaller cup pattern or none at all?
NASDAQ:TQQQ
by AwesomeAvani
QQQ Expected Growth! BUY! My dear friends, QQQ looks like it will make a good move, and here are the details: The market is trading on 438.29 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 441.64 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
NASDAQ:QQQLong
by AnabelSignals
1
$PANW – Looks like it may have bottomedNASDAQ:PANW This cybersecurity leader got beat-up on the last earnings report. It looks to me that it may have bottomed out. On this weekly chart (the week is still young) it is in the process of setting up as an inside week. It is regaining the 40 Week MA which I view as important. Additionally, the volume has been declining since the big sell-off. I take that to mean that the selling pressure is over or about over. I am going to be patient with this one and look for it to close above that 40-week MA. If it does, I will look at a lower timeframe chart for a good entry where I can find a good risk reward entry. For now, it is on my watchlist as a B+ set-up in the making. The chart I am using is the All-In-One LevelUp tool available here on TV. Check it out. Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
NASDAQ:PANWLong
by jaxdog
Are Interest Rates going Higher?What would cause rates to move higher? Inflation 2.0? According to this long term yield chart were about to experience a paradigm shift in rates. If this Monthly Golden cross occurs we should see a bull market in rates continue into the future. This would not be a good sing for risk equites. The last time we got the opposite signal" Death cross" we saw a 30 year bond bull market/ 30 year bear yield market. Maybe the traditional 60 equity/40 bond gets toppled. Maybe we move to a 40 equity/60 bond portfolio. If This rotation was to occur, the stock market would likely see a significant loss.
TVC:US10Y
by Trading-Capital
1
QQQ has recently broken below its upwardAfter going on a nice rally QQQ is starting to show signs weakness in its price action and RSI. QQQ price action for the first time in a while breaks below its upward trend and holds below for two straight trading days RSI 20 has also been forming a bearish divergance pattern with it trending down while price has been climbing over the past month. Key signs to watchout for: RSI breaking below 50 Price action breaking below its flat support line. It is very possible that QQQ will simply do a pull back through time where trades flat for a month or two months before starting to rally again. Due to its more tech heavier lean, a correction and sell off in price is very likely as well. Tighten your stop losses to protect downside risk
NASDAQ:QQQShort
by ratchet-mint
3