#NASDAQ #QQQ Bullish inverse head and shoulders pattern $nasdaq $qqq Short term bullish move.
Inverse head and shoulders pattern with a measured move to 13570 which is confluent with the 200sma and is where to take profit
Qqqlong
$TQQQ Update$TQQQ Update
So All 4 targets from my last post have hit and I have added at all of them. (I’ll repost the last one below) My average is now 36.94 and I’m looking for 49.27 for 33.38% profit.
IF the CPI comes in hot tomorrow and the market continues to sell off, then my next target to double my position will be at 20.12.
Be careful out there, guys… the market is insane right now…. One of the best ways to stay hedged is to be mindful of your position sizes and trade small…. Always make sure you have funds to adjust in case we still have further to fall….
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I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
QQQ retracementPotential area of suppoty for the Qs.
Confluence in the 290s:
Weekly 150 Sma acted as support on previous drop.
Previous supply zone might turn into demand zone.
50% retracement from pandemic low to recent top.
LONG AAPL - New Market - I believe the markets have bottomed.
AAPL is a great buy back at the demand zone fo 150$ area. Last year there was a yuge 50 million buy at 150 - nice retest of that institutional entry point.
Enter a small postion in the 10 Delta Weekly 3 DTE Calls @ .21 the 165 C for 5/13
NOT advise, my own oppinion. #sizekills
$QQQ on 30 min Potential Cup and Handle Formation$QQQ on 30 min Potential Cup and Handle Formation
It doesn't look perfect but I can see the pattern.
What are your thoughts?
Thanks.
Kelly :)
#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 long setupMarket just finished 1 to 5 Elliot Wave Theory and we are forecasting it to finish it's ABC correction at 300 level and bounce up.
Entry: 300.62
Invalidation: 267
Target: 362
Nasdaq100 bottoms for a second time, w-pattern on the horizon ?the nasdaq100 has bottomed for a second time. will we see a double bottom reaction here where the bulls step back in to take control? or will we see a series of fresh lows ?
QQQ MOONSHOT ME PLS!!wave 1 structure leading into wave 2 support, H&S formation while holding true to wave 2? IM LONG!
QQQ LongQQQ is looking solid for a reversal here. Had a bullish engulfing candle to begin the 4hr yesterday and we have some solid hidden bullish divergence presenting itself. Should be good for a nice profit by the end of next week or maybe that last week of April. Good 1:3 risk-to-reward ratio too.
Entry: $340.92
Stop: $334.33
Target: $361 (the gap fill)
QQQ (and SPY) down after hours from NFLX earning, BUYNFLX is garbage and really never should have been in the same conversation as other big tech name, the so called FANG. To me the N was always NVDA. NFLX had it's growth period but really never should have been considered a big deal after DIS announced Disney+. Disney+ is where streaming is at currently. Another thing is the current societal environment. PEOPLE ARE TIRED OF BEING LOCKED DOWN. People have started traveling, per DAL earnings last week. DAL is seeing all time demand. So, it's not that people are cutting back expenses or anything like that; it's that people are wanting to go play.
Last thing, MSFT, AAPL, AMZN, GOOGL, NFLX, NVDA, AMD, TSLA, FB, DIS; I'd ask you which one doesn't belong... Hopefully you said NFLX, nothing about them makes them on par with the others; even close. The fact that the market after hours has responded so bearishly to a company that irrelevant is just an opportunity. I'd be surprised if we stayed down all night with futures. The real key to earnings will be tomorrow with TSLA. I'd expect them to say, they have strong demand, but the key with them will be what they say about battery supply chain. If it's not a problem, the market rips higher. Key though is TSLA demand; are people spending money.
All this to wrap up with this, buying opportunity!!!
QQQ potential 15 min chart inverted H&S setting up.All that needs to happen really is to get above Monday's high, and she will probably be off to the races.
QQQ you should be buying this NOW!!!No real analysis, we have come into an inverted shoulder area but we just spent 4 days in this range like we did previously. Be buying.
QQQ: Sell Zone is 381-387QQQ is finishing up its 4th wave pullback, and should begin to rally towards my target zone of the 2.382 - 2.618 fibonacci extensions, which corresponds to a price target of about 381-387 for Wave 5. After that, QQQ should have a larger degree 2nd wave pullback to about the 330-340 region, so you will have plenty of time to add to your position in the coming month or two.
QQQ long after what looks like a 2 day flag patternWe have seen a strong move on the market over the past couple of weeks, and really all the selling we have gotten looks more like a 2 day flag pattern. So I closed shorts and I am going long. For now long on the QQQs with Jan 2023 Calls. I'd imagine we do push back to ATH and when we get there, I'd expect the market to have serious thrust higher from shorts covering and complacency. I'm going to long the QQQs over the SPY as I'd imagine tech will get more bubblicious. It is what it is.
QQQ buyafter a slight down trend QQQ reachs a strong resistance level in it pullback that will turn back up again
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: MAX PAIN!Q's looking weak going into this week and max pain presenting itself. Ideally would like to create a higher low on the macro level to find a generational buy and bounce back to last weeks highs. Traders gonna trade and levels are in the video! Good Luck!
2022 | The Year Of Wild Swings but a BIG Payoff? QQQ/SPYHey Everyone, in this video we discuss the large swings we expect for 2022 and what might be setting up for the next few quarters on the stock market.
QQQ: Major Levels and Money to Be Made This Week!QQQ is looking like a nice range is developing with pretty clear levels. These levels will help you if you choose to use them. We know we will!
QQQ: Fade every rally until further notice IMOLooking to Fade 361/364 as its the bearish retest going into tomorrow. We will see where QQQ opens up, and if we can get that high to try a fade.
