Qqqforecast
Deja Vu Tooin 2021, I noticed some patterns on both the BTC chart and the QQQ chart.
Now these patterns are happening again on both charts.
Last time, they didn't confirm. The market bounced back up.
It bounced in mid-Oct 2021 - when the fourth stimulus check hit people's banks while a ton of extra unemployment benefits were given to people.
I'd say it was a coincidence, but I don't believe in those.
One possible explanation was that the fourth check and benefits went into the market (just like a lot of stimulus money did). If that's true, it could have stopped the crash.
This time around, there is no stimulus money coming, benefits are pretty much back to normal, inflation is up, the market is down and the Fed is done helping the market.
Buyers have to show up somehow if this mess is going to get cleaned up.
The inverted cup and handle is in no way confirmed at all yet. I'm posting this so I can easily track the thesis on a chart and check to see if it does confirm.
If it chops around (for up to a month) around the $342-$348 range and then makes a bonafide move down past $335, the pattern is confirmed and you should grab your helmet.
#QQQ New Buy Signal ?It appears that the A-B=C correction in the 5th wave down, in the #qqq, has completed. The #FED will make its #prepared #announcent of its #50 point basis increase.
This #cycle low could be the basis of a huge #rally for the next #4 to #6 weeks. but ass always, we await for #confirmation. There has been a lot of talk for a much needed 75 basis point increase that should be implemented this meeting. As long as #FED #powell sticks to his announcement, I would expect the #qqq to rally.
Will keep you update.
$QQQ — TRADING RANGEVolume has been increasing to the downside for the past 3 sessions: Bearish, Bears have been in control.
While we could easily see more selling pressure, I think we could get some sort of relief rally.
Both the stochastic and the cci are showing higher lows - within April - while the stock makes lower lows: Bullish, Positive Divergence.
We also have a pretty wide divergence from the 20-period moving average.
$QQQ make-or-break momentThe tech sector is en route to re-test the yearly lows after the recent sell-off. Next week's big tech earnings will be a make-or-break moment for the entire market. In case the big names miss of earnings or guidance, the next stop for the $QQQ could be around $300. In case of better-than-expected results, a bounce could take prices back to $340-345. $AAPL, $GOOGL, $MSFT and $AMZN will be in the spotlight
BUY INVESTO QQQ TRUSTafter the strength downward in the last days, today is a good day to buy because of the big strength of buyers today and after 4 red volumes today there is a green volume today and there is a big chance that the candles will return to resistance and the VWAP and it will break down another time due to the big strength :
+ 80 % if it rebounds on the VWAP it will break down with big strength.
+60% if it breaks up the vwap and the resistance line it will eat the stop losses and there will be an upward trend
GOOD LUCK
open your wallets it's a good chance for you.
$QQQ is Ready for Correction NASDAQ:QQQ
Since tech leads the rest of the market and the rest of the market looks clearly ripe for correction, it's obvious to short $QQQ. As a chaos theory enthusiast, it is of my belief we do an analog of the correction and run-up of 2020, in 2021. It's that simple and shouldn't be over complicated.
With that said, history only repeats itself until it doesn't. Barring any major black swan or trend changing event we should see $401 to the pip by September 5th. Book it.
- PennyBags
Nasdaq Analysis 16.02.2022Hello Traders,
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QQQ has bounced back but will be tested at around 352
This post is an update of the Jan 16 forecast
QQQ has bounced just above the precalculated level at around 334 and will be tested at 352
The Major levels to watch are around 342, 334, and 352.
QQQ needs to clear the resistance line at 352 to continue up.
The charts' estimates are automated through a system that predicts critical levels of future price movements.
QQQ / Nasdaq / NQ - Interesting Perspective w/ Parallel ChannelsHere is an interesting perspective - if you're familiar with pitchforks and parallel channels and how to appropriately use them, here I'm using the similar knowledge of that mixed with parallel channels to create this. Pay close attention to the circles and how many times it entered that channel and broke out.
A trading channel is drawn using parallel lines that follow the price floor (support) and price ceiling (resistance). With a trading channel, smart traders sell stocks at the upper resistance line, hold stocks within the parallel trend lines, and buy stocks at the lower support lines.
NASDAQ:NDAQ NASDAQ:QQQ
Bullish Bat harmonic on QQQI'm new to harmonics so posting this more for my research to see if it plays out. It meets the rules to be a bat if it hits the PCZ which also would be the 50MA on the weekly with hidden bullish div on MacD. Idk, I think this has a high probability of playing out boys. Lmk what you think down below please!