QQQ - Weekly Volatility PotentialGood Morning --
Last week we reviewed the potential of the S&P 500, this week let us take a look at the potential perspective of NASDAQ:QQQ .
IV (17.97%) entering the week is trending 31% IVp on the year and has been gradually lowering as price action grinds higher and out of corrective territory -- This is +2.61% more volatile than near-term trending values of HV10 (15.36%) and only -0.57% under HV21 (18.54%), our monthly trending values.
Looking towards next week, I expect the CBOE:VIX to continually soften IV values as the broader markets push towards all-time highs this week. NASDAQ:QQQ historical values are coiling to where we will soon need a volatility spike, but not just yet -- my weekly price target here is simple (HV10 upper implied range) $539.44 with wicking potential above to monthly trends (HV21 upper implied ranges) at $541.42.
Only time will tell, we can't control the markets but we sure can manage our own risk within them. Remember to always be hedged and come back to join me next weekend as we review the charts for what happened VS our expectation!
CHEERS
QQQ trade ideas
QQQ On The Rise! BUY!
My dear friends,
My technical analysis for QQQ is below:
The market is trading on 526.92 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 530.98
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
QQQ: RetraceWith the rising wedge pattern forming on QQQ, I think we see a retrace to the MAs and the previous resistance at 493 to fill the gap. We have seen a huge bounce and I think we'll see some profit taking up here near the highs. The RSI has also become overbought as well, so I expect a retrace in the next couple of months.
QQQ: All-Time High Resistance vs. Strong Trendline Support• Approaching All-Time High Resistance: QQQ is currently trading directly beneath its all-time high of $541 and is encountering a robust overhead resistance zone, indicating a critical test for bullish momentum.
• Strong Ascending Trendline Support: The price action is consistently supported by a well-defined ascending trendline (green), which has successfully held on multiple tests, signaling an intact short-term bullish trend.
• Key Horizontal Support Levels: Below the current price, immediate support is identified at $522, with a more substantial "Key Area" of demand observed between $505 and $510, offering deeper potential support.
• Prior Trend Reversal Confirmed: Earlier in the chart, QQQ successfully broke above a significant descending resistance trendline (red), which had previously capped rallies, confirming a shift from a bearish to a more bullish market structure.
• Foundational Breakout Level: The $494 level, marked as a "Recent Breakout Level," now acts as a key historical resistance-turned-support, providing a foundational base for the current upward movement.
Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
$QQQ — Bearish Setup Forming Near Highs📉 NASDAQ:QQQ — Bearish Setup Forming Near Highs
Technical Confluence:
Rising wedge structure into prior highs
RSI bearish divergence (momentum fading)
Volume steadily drying up on this recent move
Price stalling under key resistance zone (Feb–April supply)
Execution Plan:
I’ve tightened stops across swing positions
Trailing a AMEX:PSQ buy order in case of wedge breakdown
Watching for a move below ~$530 for confirmation
If triggered, downside targets:
T1: $518 (20 EMA)
T2: $496 (200 SMA)
T3: $470 (gap + structural support)
Risk View:
I’m not predicting — I’m preparing. Structure is extended, internals weakening. Staying nimble, ready for reversal or breakout invalidation.
📊 Feedback welcome
QQQ: Expecting Bearish Continuation! Here is Why:
Looking at the chart of QQQ right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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QQQ NOTICE TREND LINE SUPPORT I have now started to position for the transition in the markets I have moved out of all calls again for the 4 time in 4 days each of the trades made $$ . but today is day 39 TD of the rally . And I am looking for a TOP in day 40 TD I have now moved to 40 today then 75% MOC in spy and qqq 5550 555 560 QQQ puts 2026 time zone and 650 in spy . The trendline has held rather nice to help make some nice $$ and we if bullish should now be in early wave 3 of 5 of 5 of 5 .So why buy puts NOW simple answer is It could still be wave c up for wave B or wave D. and That today is day TD39 I have posted a possible Major top due on td 40 and The spiral hold up into june 6th to 9th .I know my risks and am willing to start taking the same stand and positions as I did 11/29 12/6 and feb 18th based on the wave structure and PUT /CALL model . I am willing to This is not for all traders . But I am turning down in NYSI and the NYMO is showing buying is running out but bullish call buying is nearing the two last TOPS . I have 25 % cash and will wait for two things One put call drops to 60 on 5 day or 10 day at 65 second daily RSI is no confirmation . 3rd the qqq reaches 531/534 knowing it could extend to 541/555 and similar in sp cash or the DJI prints a .786 this is a lot but it is part of the game plan best of trades WAVETIMER
QQQ Will Collapse! SELL!
My dear friends,
QQQ looks like it will make a good move, and here are the details:
The market is trading on 529.85 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 521.53
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
Safe Entry Zoneafter Rejection from the Resistance 4h Red Zone.
we have 4h and 1h Green Zone as Strong Support levels.
Note: Potentional of Strong Buying Zone:
We have two scenarios must happen at The Mentioned Zone:
Scenarios One: strong buying volume with reversal Candle.
Scenarios Two: Fake Break-Out of The Buying Zone.
Both indicate buyers stepping in strongly. NEVER Join in unless one showed up.
QQQ Potential *Short Term Bearish SetupAfter studying the HTF here is what I am seeing as a potential setup forming.
We formed a HTF MSS on the 4H close to ATH leaving an epic equal high to come back to later. I am looking for a candle body closures *BELOW lows to confirm as we leave the MSS yellow zone and head to TP1 (-1). Once we approach TP2 (-2) we are entering another HTF BULLISH MSS. If this zone holds and we start seeing candle *BODY closures *ABOVE highs then my bias will no longer be bearish.
QQQ at the critical area.#QQQ
A Bearish Engulfing pattern has appeared after a strong uptrend, which is typically a reversal signal.
$490.00 – Major support zone
$500.00 – Mid-level support
$510.00 – Closest support turned into potential resistance.
The Bearish Engulfing Candle will be considered invalid if a daily candle closes above its high at $533.05.