Get started

Sqqqbullish

Long SQQQ @ 22.53I am adding onto my previous position. @ 32.50 USD. With no regulation or reform being put in place of the current financial markets, this is one of my go to's for assets to hedge against the next "black swan" event. It's ignorant to say that the markets can maintain this current rally. Our network sees the signs within almost every continents monetary systems, as well as almost all of the highest capped countries of GDP around the world. A crisis is on our doorstep and we aren't even confronting it. I'm hard pressed to look at any traditional stocks right now that don't at LEAST provide dividends. I will keep you updated more frequently for now.
NASDAQ:SQQQLong
by WatsonsView
AAPL: S&P500 RELATIONSHIP / PIVOT / TECHNICALS IN FAVOR OF BEARSDESCRIPTION: In the chart above I have included a macro analysis of AAPL & its congruent relationship with the S&P 500 INDEX. AAPL is to be consider one of the major players when it comes to overall US MARKET PERFORMANCE & is the reason why understanding AAPL's price action momentum is so vital. POINTS: 1. AAPL channel deviation where liquidity usually occurs between SUPPLY & DEMAND = 12.50 POINTS 2. Macro Trend: Downtrend Channel; Micro Trend: Uptrend channel with Bearish Ascending Triangle Formation 3. Macro Trend continues to make lower highs & lower lows after peak from January 2022. TECHNICALS: RSI LEVELS on the DAILY time frame have been squeezing into overbought territory for the past 4 months. MACD LEVEL is in common overbought territory where rejection & downturn is indicative. BULLISH POINT OF CONTROL: 167.50 POINT must be broken to the upside in order to invalidate BEARISH SETUP. BEARISH POINT OF CONTROL: 155.00 POINT must be broken in order to further validate BEARISH SETUP. FULL CHART LINK: www.tradingview.com NASDAQ:AAPL
NASDAQ:AAPLShort
by DGSTBROKERACC
VIX: VOLATILITY CYCLES / COMPRESSION / DIVERGENCE / PUTOVERCALLDESCRIPTION: In the chart above I have included an update on a MACRO analysis of VIX VOLATILITY CYCLES. The creation of a set of new cycles is marked when VIX finds a new floor of support. POINTS: 1. Deviations have been adequately adjusted for VIX with a 7 Point difference between CHANNELS. 2. Price Action is currently resting at NEW FLOOR of 19 & Price Action is consolidating. 3. 5 YEAR TREND LINE IS APPROACHING MONTHLY PRICE ACTION FLOOR. 3. NO RECESSION AFTER 1998 HAS EVER COME TO AN END WITHOUT VIX FIRST SPIKING TO 40 OR 45 AT LEAST. RSI: There is in fact a lot to be said for RSI as it rests roughly below the 50 Point average which would signal that RSI is set to flip into Oversold territory. RSI must reach the 30 Point average in the coming weeks or anything above the 30 Point average & rising could signal a divergence occurring between ascending RSI LEVELS & CONSOLIDATING PRICE ACTION WHICH CAN MAKE FOR SOME VIOLENT VOLATILITY IN THE NEAR FUTURE. MACD: As of now MACD is resting at an average oversold level of -2.0 but is signaling a move to the upside in coming weeks. MAIN POINTS OF CONTROL: 1. RSI DIVERENCE OCCURS AS RSI RISES & PRICE ACTION CONSOLIDATES. 2. MACD FLIPS INTO POSITIVE TERRITORY. 3. A BREAK OF 21 POINTS FOR PRICE ACTION CAN BE INDICATIVE OF FURTHER UPSIDE FOR VIX IN THIS SCENARIO. FULL CHART LINK: www.tradingview.com TVC:VIX CBOE:VIX
TVC:VIXLong
by DGSTBROKERACC
ES1!: RALLIES & FALLS / UPDATE / POINT OF CONTROL: 4000 & 3950DESCRIPTION: In the chart above I have provided a MACRO analysis of ES1! a future INDEX on the daily timeframe. POINTS: 1. Deviation of 250 points would justify placement of SUPPLY & DEMAND POCKETS. 2. Pennant Formation 3. Current CORRECTION FALL is roughly 5.55% falling short by nearly 5% when compared to other CORRECTION PHASES. RSI: Since the inception of the current bear market price action has only held one time when RSI is at a PIVOT POINT and ready to enter OVERSOLD TERRITORY. MACD: If MACD is pulled into OVERSOLD territory or anywhere past it's MEDIAN OF 0.00. This will be a strong indicator that price action will fail to hold onto its current channel of 4050 - 3800. And would essentially mean price action will retest past channel of 3800 - 3550. POINT OF CONTROL: Price action must remain above LEVEL 1 SUPPORT of 4000 & LEVEL 2 SUPPORT of 3950. SCENARIO #1: In a BULLISH scenario we would come to see price action bounce at 3950 then followed by a move toward 4150 before breaking pennant formation. (Not the safest bet since this scenario would VIOLATE RSI'S TREND FROM THE PAST YEAR) SCENARIO #2: In a BEARISH scenario we come to see a break below 3950 that would leave to PRICE ACTION not seeing support until 3800. (This would fall in line with what current indicators are signaling) FULL CHART LINK: www.tradingview.com CME_MINI:ES1!
CME_MINI:ES1!Short
by DGSTBROKERACC
SQQQ on Bullish Signal Uptrend - Potential Recession is Coming SQQQ price closing on 50.24 USD where on the breakout of resistance level 48.68 USD yesterday. Notice that having a huge buying volume to support the breakout (cup and handle pattern), this indicate it is a strong bullish signal where investor can consider to take "Long" position on SQQQ with current price (50.24 USD). To be conservative, can take 46.19 USD as stop loss position which approximately 8.03% of risk. This would possibly on strong upward trend while potentially NASDAQ would be on bearish trend. Most likely " Recession is Coming" ... On the other hand, take a look on another chart regarding QQQ ETF which tracking on NASDAQ-100 Index: Based on my humble analysis, we can see NASDAQ-100 index had formed "Head and Shoulders" pattern. Yesterday the chart just on the breakout support level position with high selling volume of transactions. This mean it is high possibility that NASDAQ might go into "free fall". Thus, might be a good opportunity to trade SQQQ with manageable risk now (if practice stop loss of 8% from yesterday closing price - 50.24 USD) “Past performance does not guarantee future performance. This is for just my personal opinion but not trading advise.”
NASDAQ:SQQQLong
by samleecomp
5
QQQ MACRO ANALYSIS / SUPPLY & DEMAND / SHORT / PREDICTIONDESCRIPTION: In the chart above I have provided a macro analysis of QQQ. *IMPORTANT: Aside from SUPPLY & DEMAND POCKETS the main thing to consider is the distinct pattern we seem to have been following for the past 3 falls after rallies. Where PRICE ACTION seems to create this hook like formation before CAPITULATION takes place. POINTS: 1. QQQ exhibits a DOWNWARD TREND on the 16Hour Timeframe. 2. Deviation of 35 POINTS TOTAL JUSTIFIES SUPPLY & DEMAND POCKET PLACEMENT. 3. Estimation of Days for upcoming drop was taken by using a mean from last three rallies and falls of 76, 79 & 58 DAYS = 71 DAYS. 4. Depth of DROP was also estimated with a mean average that came out to roughly 25%. 5. MACD IS ALSO IN CONGRUENCE WITH CURRENT CHART PATTERNS & MACD LEVELS ARE CORRECTLY POSITIONED FOR MORE DOWNSIDE. BULLISH SCENARIO #1: We come to see a continuation of current channel & commit to sideways momentum above 260 eventually breaking past 295. BEARISH SCENARIO #2: If hook pattern is to expire reliable we can surely bet on enough downside that will send us below 260 and onto 225 as a final destination that can serve as a more probable MARKET BOTTOM. NASDAQ:QQQ NASDAQ:TQQQ NASDAQ:SQQQ
NASDAQ:QQQShort
by DGSTBROKERACC
MARKET BOTTOM PREDICTION!!! DXY & ES1! (MACRO ANALYSIS)DESCRIPTION: In the chart above I have provided a MACRO ANALYSIS of DXY. And what should only be taken as SPECULATION & as a POSSIBILITY since patterns tend to repeat themselves. The chart above includes an overlap of DXY & ES1! in an effort to observe their inverse & parallel relationship. POINTS: 1. DXY shows a COMMON DEVIATION of 10 POINTS justifying the placement for SUPPLY & DEMAND POCKETS. 2. A VERTICAL YELLOW LINE is indicative of a MARKET PEAK. 3. A VERTICAL GREEN LINE was placed after a VERTICAL YELLOW LINE to signify when MARKET BOTTOMED. *IMPORTANT:Between every MARKET TOP & every MARKET BOTTOM DXY FLUCTUATES a total of 20 POINTS BEFORE THE MARKET 5. PAY CLOSE ATTENTION to the recession of 2007 - 2009. After DXY saw its first 20 POINT FLUCTUATION DXY hit 80 and bounced back to 90 POINTS. 6. Moving onto RSI we can see that DXY COMMITS to its RSI TREND throughout a RECESSION which does in fact lead me to believe that current RSI levels for DXY will follow a Down Trend similar to what was seen from 2000 to 2003. SCENARIO: - With all this in mind we can speculate that DXY will CAPITULATE to 95 POINTS before seeing a bounce allowing current UPTREND CHANNEL for DXY to find some CONSOLIDATION. This will also allow RSI too COMPLETE a DOWNTREND SIMULTANEOUSLY. *PREDICTION: If DXY is to fall to 95 POINTS that would be the equivalent of ES1! falling too 3,600 OR SPY to 360* TVC:DXY CME_MINI:ES1! AMEX:SPY
TVC:DXYShort
by DGSTBROKERACC
SQQQ long @ $40.00 I am adding onto my position in SQQQ, my last buy in point was $41.85 with the FOMC about to happen over the next 2 days, this is going to be my hedge against any drops in the market. We're well underneath the Keltner Channel and I expect to either trade sideways for the time being or move our way back into the channel as the next 2 days go on. We're sitting right under a major area of resistance, we will retest this over the rest of the week. Depending on what happens with the FOMC meeting, we may see a huge rebound in this. As you may know, asset classes of all types typically jump in price before these meetings. I may continue to add onto this position as I believe 2023 will be an absolutely s*** show with a global recession / potentially depression incoming.
NASDAQ:SQQQLong
by WatsonsView
SQQQ is still looking strong, while the world markets are weakI've had more than a few people message or comment on my charts asking for an update on this. Here you go. We could potentially see a double top by the end of this week. If we do get one by the end of the week, we'll most likely get rejected around 68 and then start our move down. I'm sure my usual subscribers know I take profits early on all my trades to make sure I realize profits. This trend may not be over, but it's definitely well into it's movement. What are your thoughts?
NASDAQ:SQQQ
by WatsonsView
AAPD AAPL LONG (inverse) SETUPAAPL is pulling back today, and so setting up AAPD for a swing long. As can be seen on the 15 minute chart, AAPD had a pullback for consolidation and is now showing some green candles. The Williams alligator is showing divergence on the short time frame moving averages. The RSI indicator topped out pulled back and is now in uptrend showing bullish confirmation. I have entered this trade to participate in the AAPL pullback which as a titan of the NASDAQ affects the whole market. a decent position in AAPD ( along with SQQQ) will serve to hedge the market a bit.
NASDAQ:AAPDLong
by AwesomeAvani
QQQ - Bearish Channel Thesis based on banker candlesThis post is a test of my thesis that I can accurately identify a banker's candle that tests market structure. The Thesis works like this: Bank trading firms need to test the market structure with specific actions on specific days that tell them what the market can tolerate and they base their plans accordingly. For instance if banker candles identify a market structure that can trend down for a certain trend, they will then execute that trend line selling the appropriate volume and delivering the correct price. This means if such candles can be confirmed - then the trend channel can be inferenced. This is a test such that I am predicting the next banker candle (all concepts are marked with green arrows) and that it will be confirmed by testing the trend line at the 9daily MA. Then QQQ will roll over testing the 200daily MA into the Channel. A 5 wave impulse (Elliot Wave) is then likely that will take the price to both retest the 200daily MA, the new "lower low" that marks a "safe entry" and confirms down trend, before then retesting the 50day Moving Average. The low of wave 3 was selected to hit prior highs of the accumulation phase that led to the recent rally (the Bulkowski pennant seen early July). Entry may begin at the 200daily MA if conditions are right. (If slow stochastic falls below 80 at least). We have 2 probable banker candles, now waiting on a 3rd to be confirmed. Good luck!
NASDAQ:QQQShort
by DarthTrader1357