Qqqlong
Long on NAS100 until NFP?As per Fed's Daly remarks states that the US needs further rate hikes to combat inflation hence why this current rally on indices and today's miss on JOLTS jobs report. Markets are continually providing volatility which equates to more opportunities for all market instruments. We have been breaking structure to the upside on NAS100 since Monday and all throughout the asian session. I've adapted a short term sentiment to bullish with a final TP 11760.1 I do believe we will see bearish plays come back in on NFP day.
I will act accordingly to what the market shows.
QQQ Nasdaq 100 ETF Double Bottom on Strong SupportIf you haven`t bought Puts when Jerome Powell was saying that "U.S. businesses will have to endure some pain":
Then you should know that the QQQ etf i ready for a technical rebound.
A Technical Rebound refers to a recovery from a prior period of losses when technical signals indicate that the move was oversold.
In this case, the Relative Strength Index momentum indicator of QQQ Nasdaq 100 ETF is at 24.75 on a Double Bottom Reversal Chart Pattern and Strong Support.
A double bottom is a reversal chart pattern in technical analysis that describes a change in trend.
Even though i am overall bearish on the economy, buying a strong financial instrument when the RSI is below 30, would make a case for a potential short term reversal.
My ultimate price target is $237, but for now i am bullish .
Looking forward to read your opinion about it.
QQQ daily bullish hammer at resistanceQQQ daily bullish hammer at resistance don't like retest gap day before to be closed and this gotta be quick since countertrend. Stop loss below local low, take profit at new resistance.
Also, selling put QQQ Jan17'25 260 Put
Sell 1 Limit 33.00 GTC $33
QQQ daily bullish at exact bottom Order BUY QQQ NASDAQ.NMS Stop 277.04 LMT 277.04 will be automatically canceled at 20230101 00:00:00 EST
QQQ daily bullish at exact bottom expect ABC movement for wave 4 of the downtrend. Countertrend to Fibonacci retracement 50%
September 30, 2022 - Marathon Digital Holdings, Inc. - MARA - This is a quick update on my investment in Marathon Digital Holdings, Inc. -
This video shares my experience trading MARA as a retail investor.
The markets have shown to be quite volatile in the past weeks and many people are speculating that due to inflation, negative GDP growth and the FED's policies along with the repercussions of COVID lock down and the UKRAINE war with RUSSIA has led to an unstable stock market and higher energy and food costs to the average individual around the world.
To combat this, I think it is a great skill to learn how to make $ trading stocks, crypto, ETF's and options.
Of course, there are risks involved and this is not financial advice.
I am simply providing my experience trading MARA - note I have already made profits in the past on this stock, and I started investing in MARA at $6.50.
Please smash the boost button if you like this content and I will continue providing updates on my position.
$QQQ GAP FILL Needed -Potential JUMP UP on 9/30$QQQ Potential JUMP UP 9/30 Comparing to past trends,
you'll notice on June 16th a similar trend happened and $QQQ was at the $269 level. On june 16th, there was a massive drop and June 17th, a massive spike the following day.
I think this could happen again as we are at the bottom of those lows.
Not finanical adivce as always.
What are your thoughts?
Thanks,
Kelly
p.s. Inverted cup not fully forrmed, so i didn't go over it. :P
$QQQ Bearish Rectangle on 15min $QQQ Bearish Rectangle on 15min ect.
As you can see a clear breakdown from today's high, in my analysis you would think it was either bear pennant or a bull flag, however, there are multiple points where the price came down to consolidate in a straight manner similar to other patterns but not the same. In my opinion, consolidation naturally is there for higher highs, in which a smart investor would wait til the dust settles and get in, in which you did see towards the close today. However, in this situation, i think that tomorrow, we are going to either see a further breakdown of QQQ lows headed back to 1st Support: $273.30 in the morning and towards afternoon after 11am or 1pm, see a jump. Obviously, this can go completely opposite direction of how the market goes, but just my view point on things on where things could stand.
Let me know your thoughts!
Support and resistances:
1st Support: $273.30
1st Resistance: $278.42
2nd support: $271.54
2nd Resistance: $281.98
Thanks,
Kelly :)
Sell 1 QQQ JAN 17 '25 260 Put Limit 35.00 GTC TP $2.00Sell 1 QQQ JAN 17 '25 260 Put Limit 35.00 GTC TP $2.00
QQQ update$QQQ #QQQ Held right at the volume shelf & symmetrical triangle trend zone the last two days.
Lack of liquidity both above & below this area.
Decent daily candle for a reversal back to the upside if price can hold above the POC.
Tech is at a Significant BottomI'm surprised that no one on Trading View posted this chart today.
The NDTH is a chart of the percentage of Nasdaq 100 stocks that are above their 200-day moving average. It dropped to 6.86 today. This means about 94% of Nasdaq 100 stocks were below their 200-day moving average. The last time this level was reached was in March 2020 right at the bottom of the COVID market crash. The NDTH has never dropped below 15 except during significant bottoms on the Nasdaq.
While anything is possible, it's highly likely that we are seeing peak fear, peak inflation, and market capitulation currently. This extreme level makes for a very good risk-to-reward setup for going long. My strategy is to place a 2x daily ATR stop loss on QQQ or TQQQ. It's likely if we drop below this level then we're in for a deep recession. Whereas if this low holds, then this is a major bottom for tech.
Nasdaq100 index weekly viewNasdaq100 index closes up 2.1% last week for the fourth positive week in the longest streak since November.
The index closed on the daily timeframe on Friday above the200EMA (13,412) for the first time since early April, and above the 50EMA (13,486) on the weekly timeframe for the first time since late March.
The index may extend its rally into next week testing 13,980 - 14,300 resistance levels.
7/27/22 QQQInvesco QQQ Trust, Series 1 ( NASDAQ:QQQ )
Sector: Miscellaneous (Investment Trusts/Mutual Funds)
Market Capitalization: $ -- B
Current Price: $306.81
Breakout Price: $308.90
Sell Zone (Top/Bottom Range): $298.80-$275.70
Price Target: $321.30-$323.90 (1st), $337.60-$344.90 (2nd)
Estimated Duration to Target: 33-35d, 69-72d
Contract of Interest: $QQQ 9/16/22 310c, $QQQ 9/16/22 310c
Trade price as of publish date: $6.20/contract, $10.27/contract
QQQ 295-296 zone$295-296 zone on QQQ is powerful. We must break that one to continue higher. So far today we're struggling around there.
NQ breakout attempt Number 1In tandem with SPY , there is an agreement between the two major index that may be worth considering into the last half of the year. There is a daily wolfe wave setup , which triggered 4 days earlier than the SPY, on June 17 closing day at 11296.75. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 12942which is expected to reach this price target before Oct 10. Projected targets are defined by identifying the apex of the wolfe wave and projecting a vertical line toward the green perforated projection tgt which is extending from left to right.
QQQ - Short Term AnalysisQQQ is in what looks like a "bear flag". However, buyers came in every time on the flushes.
SHORT-TERM: LEANING BULLISH
However, this can quickly turn around on any news (or now news) and head to new lows. QQQ is still in a bearish channel (DOMINANT DIRECTION).
SEE NOTES ON THE CHART
TQQQ: Looking like a no-brainer buy, or is that the trap?NASDAQ:TQQQ Chart should show well enough what I'm conveying here. Either it rebounds from here, along with crypto and all the other indeces across markets, or we see lower lows, that reaches back into the March 2020 fear levels.
QQQ breakout im new to to technical analysis but i see a ascending triangle with a scuffed cup and handle if we fail to break resistance here we will dump.
QQQ fakeoutI expect a potential reversal to $287 before going lower this year, around the $250 area.
The chart is forming a massive falling wedge.
Looking forward to read your opinion about it.
QQQ bullish and SPY bullish, QQQ gap fillSo we have been trading in a range on the SPY for the better part of the past week and a half. And in the past hour we broke that range to the bearish side. So time to go bearish... well not so fast. Everybody could see that channel and all we really did on the SPY was pull back into the top point of the double top bottom from earlier in May, so expect people to be buying at that level. Also, the QQQ just filled the gap it had from 2 weeks ago (see chart). Tomorrow will be interesting but expect strong buying to get back into that range.
The tech sector ahead of CPIThe tech sector absorbed yesterday's gap down and rallied from the $302 support area. The lower end of the recent range continues to be a good entry point for those looking to trade this tight range. If the CPI numbers came in lower than expected on Friday, we expect the $QQQ to get above $320-5 by early next week. Watch the leaders for clues. Will $AAPL get above $150 and $GOOGL above $2400 in order to firm the recent rally attempts? The longer we hold this range, the higher the move we will have in either direction. The measured move from this channel is currently at 12 points.
any minor pullback above STOP line is buying opportunity
I am seeing bullish price action from major lows
Too many are still bearish and this could lead to a squeeze/FOMO rally.
IMHO any pullback above STOP line is a buying opportunity.
Good Luck!
