Get started

TQQQ

QQQ ATHsGoing off my last $NQ1! idea published...near picture perfect and just a few hairs off fresh all time highs... Obvious resistance again, but the grind up and growth leading for weeks is tilting towards a bullish breakout in a big way IMO. of course it's gonna be choppy, of course there's gonna be huge size on the bid and ask. No telling what could happen when price reaches that point...usually probes through to check it out. I'd expect something similar tomorrow or overnight even. Good luck, and stay flexible.
CME_MINI:NQ1!Long
by Todoubled23
NASDAQ, Statistic, and Fibonacci...Institutional investors call themselves "Smart Money" because they have access to more data and analyze it better than us at any moment. If you check Fibonacci time zones on NASDAQ, you will be shocked: 1- weekly chart: post-pandemic Bull market last 55 weeks. (55 is the 10th number in the Fibonacci sequence) 2- In the hourly chart, it follows the time zone and retracement levels: The important question here is to find the next probable reversal zone: Model A: Model B: Now let's review the past and see what was the most common pattern in NASDAQ weekly chart in the past 60 weeks using some statistics: Weekly chart: 1- Between March 2020 and April 2021 (55 wks) we had 31 green and 24 red candles! Net outcome:+107% (average +1.95% weekly) Even in the longest bullish market, 43% of weekly candles were Red! 2- The Most common pattern: 1 Geen candle followed by 1 Red. repeated 9 times! 3-For the first time in the past 60 weeks CURRENCYCOM:US100 closed in rd for 4 consecutive weeks! and this has happened after that 55 weeks! 4-During the longest Bullish market ever, we see a 5 consecutive green candle only once, 4 consecutive green twice, 3 consecutive green once, and 2 consecutive green 3 times! How we could use this information? Let's assume you bought TQQQ every week. Your chance of closing your trade and making profits could be 70%! This is way above the 51% success rate of the Medallion fund of Reinacence Technologies which is the most successful fund of all time. How we should use all this information: Scenario A: You believe we are in a Bullish market: Buy TQQQ every Friday. (This could be good after 4 consecutive weekly red candles, but not recommended) Scenario B: You believe we are in the Bearish market: Buy SQQQ every Friday. ( IMO: This could be a better choice in a longer time frame)
NASDAQ:NDX
by Moshkelgosha
4