Get started
INVESCO QQQ TRUST QQQ USD DISINVESCO QQQ TRUST QQQ USD DISINVESCO QQQ TRUST QQQ USD DIS

INVESCO QQQ TRUST QQQ USD DIS

No trades
See on Supercharts
Overview Analysis News
Ideas
Discussions Technicals Seasonals

QQQ trade ideas

$QQQ #GapFillnGo #Kamalanomics #InsertCackle #DEI #GoWokeGoBrokeIt's looking pretty sus out here y'all... Warned you with this rising wedge call out; This one isn't as #Golden / #Perfect ... But the reward on Friday puts for 8/9 vs the risk seem too "Juicy" to overlook ... Also, thanks to the 400+ followers, love seeing the comments and messaging with some of you as well! If y'all could do a #WellnessCheck on @cryptotrader6932198 it would be appreciated, he's gone missing for days after hating on me non stop for days... #Odd... I think he's either back at work or checked himself into a drug rehab, read the mans comments lmao mix of 8/9s and some 8/16s , have light feet in "Chopnesphere" ie; LEG IN #SurvivalOfTheFittest - Proph
NASDAQ:QQQShort
by Prophecies_R_Us
$QQQ Trading Range for Today, August 7th 2024NASDAQ:QQQ Trading Range for Today, August 7th 2024 Ok. Last night I feel asleep without getting the second part of my video done. I have been exHAUTed this past week but next week I will have more energy and a lot of sleep is on the books for me. So today’s implied move is between 448-431 Tomorrow’s implied move 431-451 To the upside, look out to the 35EMA on the 30min timeframe. Look for signs of support and if we get above it than the target to the upside today on the day is 448. Which is within the bear gap that we did not close yesterday. To the downside, we have a bull gap from yesterdays gap up, the bottom of that gap is at 5186, and then the bottom of the implied move for today is 431. The WEEKLY 35EMA is also cutting right through the trading range and is a critical level to have on your chart today. Premarket trading takes us above that already so look to that as a possible support. GL y’all…
NASDAQ:QQQ
by SPYder_QQQueen_Trading
2
QQQ Completed a Cycle Expecting to Resume the RallyShort Term Elliott Wave in QQQ suggests that the ETF has completed a bearish sequence from 7.11.2024 high. The decline made a zig zag Elliott Wave structure. Down from 7.11.2024 high, wave (A) ended at 455.63 low. Rally in wave (B) ended at 475.61 with internal subdivision as a expanded flat structure. Up from wave (A), wave A ended at 467.94 and wave B ended at 452.31. Wave C higher ended at 475.61 which completed wave (B) in higher degree. Then, QQQ turned lower in wave (C) with internal subdivision as an impulse structure. Down from wave (B), wave 1 ended at 444.47 and wave 2 ended at 450.49. Wave 3 lower ended at 426.59 and wave 4 ended at 436.17. Final leg wave 5 ended at 420.00 which completed wave (C) and ((4)) in higher degree. The current rally is in progress expecting to continue higher as wave ((5)). Near term, we are calling a leading diagonal as wave 1 of (1) of ((5)). This wave 1 ended at 447.07 high. Now, we are expecting to correct the cycle as wave 2 before resuming to the update in wave 3. The view is valid as price action stays above 420.00 low.
NASDAQ:QQQ
by Elliottwave-Forecast
1
Macroeconomic History Tells Us Rough Times Are AheadIn 2023, I did a write up on TradingView about how there is a positive correlation between interest rates and equities, meaning that equites tend to decrease when interest rates decrease. However, correlation does not equal causation. The real correlation is between poor economic data and the stock market, where the poor economic data spurs interest rate cuts and causes a fall in equities. The recent surprisingly bad July jobs report jolted the markets, and reasonably so. The Fed decided to hold interest rates steady in July, causing some to think that they may be behind the curve. Not to mention the Sahm Rule flashed positive; an economic observation that has never been wrong in being a precursor to a recession. fred.stlouisfed.org I am of the party that the Fed is behind the curve In the past, Jerome Powell has stated that he doesn't expect a "severe" recession, and that there could be a "softish" landing, hinting at the difficulties that the Fed faced in preventing a recession altogether. I believe that the stock market will continue to fall, mixed with large rallies (which will make buying the bottom difficult), and I think this will play out for many months. So what's my plan? I sold my LEAPS before the poor jobs market data was released, saving my bacon to be honest. I sold my HOOD profits as well, as I had made a 100% return. I then took both and dumped the funds into QQQ. I do not hold cash in case I am wrong. I would rather be wrong and invested than wrong and sitting on cash. I plan on waiting until the Q's drop another 20% or so before buying LEAPS. Typically, I advise only to put 10% into LEAPS, but this could be a rare opportunity where risk on could pay of in a big way. When I do decide to jump in, I will buy LEAPS with expirations two years out. I want to give them the longest time frame possible because I know I won't be able to time the bottom perfectly. The real risk is waiting too long Wait too long, and I miss a big opportunity. However, being exposed to equities, I'll still ride the wave up. If I'm wrong altogether, I'm still invested in equities and will ride the wave up. I will still be somewhat hesitant to invest into LEAPS through this rate cutting cycle considering history warns against leveraging into QE. Thank you for coming to my Ted Talk. InTheMoney
NASDAQ:QQQShort
by InTheMoneyAdam
2
QQQ back in long term channel. What's next?After spending about a month above the long term blue channel since 2009 (excludes COVID bubble), QQQ is back inside the blue channel. You can see the gap up on June 12th and gap back down on July 24th. The black channel goes all the back to 2008 and the bottom of the market and includes the COVID bubble. The black mid-channel is currently acting as support. The AI rally starting in Jan 2023 has been confined to the purple channel. I see a couple of options for the next week or two. First, we could see a rally to test resistance of the purple channel. It is possible that we jump back above and the AI rally continues, but that fells unlikely. Second, it seems to me a bigger correction could be in store to break the purple channel support down to the red trend line. The core batch of tech earnings is up the next week or so, and that is going to have a lot to do with the direction. Weekly
NASDAQ:QQQ
by Dr_Roboto
2
QQQ Wave 3 of C min 423So good morning all .The spiral turn event 7/11/7/18 turn asi said could be my second pinned tweet . back in late june post . But what next is why your here . first the bullish case . from oct low 2022 cycle we have 5 waves up we should find great support at at 409.5 .382 and wave A of the abc decline was 50 point drop A x 1.618 = a target of 395 this is the worst case target . I lean towards Ax 1.382 in this count for the reason I can still count this as wave 4 . best of trades the WAVETIMER
NASDAQ:QQQ
by wavetimer
QQQ: It has reached an inflection point - D & W chart analysis.On the daily chart, a series of gaps show intense selling pressure. The downward trajectory and the pattern of lower highs/lows suggests sustained bearish sentiment. However, a significant gap was closed recently, at 487.21, followed by a slight bullish reaction indicating some buying interest at lower levels. The problem is that the trend is still bearish, as the price is still below the 21-day EMA, and we don't see any bullish chart structure yet (aka higher highs/lows). Therefore, any rally could be a Dead Cat Bounce, if the QQQ fails to break its resistance level at the 21 ema on the daily chart. Switching to the weekly chart, the emergence of an evening star pattern—a strong bearish reversal indicator—highlights a potential trend shift after making a record high. This pattern typically signals the exhaustion of a bullish trend and the commencement of bearish momentum. Following this pattern, a considerable pullback occurred, moving the price back below the 21-week EMA, which shows a lot of weakness. These charts suggest caution. The bearish indicators recommend preparing for potential further downsides if the gap support at 427.81 fails to provide the necessary support. Its next support is at 413.07. But, if the QQQ confirms a bottom signal above this support level, it could trigger a rally to itts 21 ema on the daily chart, and then we'll see how to proceed. Today's reaction is interesting. Let's follow the QQQ closely. For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions.
NASDAQ:QQQ
by Nathan_The_Finance_Hydra
2
QQQ - NVDA - AMZN - Closed Trades Take the Money and RunI am officially flat now in my trading account locking in the profits and selling my QQQ Short Put for a loss, but overall it was a win. I also closed out NVDA and AMZN Puts as well for a small profit. All in all around a 10k realized gains, will put the actual numbers together later, but wanted to get my closing out my trades here. I am looking for some sign that the selloff is over and right now it is weak going into the close so best to just take our money off the table and wait for better setups.
NASDAQ:QQQ
by goldbug1
5
08/05 QQQ ATR Levels and RangeNASDAQ:QQQ levels, that increase in overall ATR is not good, since thats all calculated from the downside lately, last 14 days of trading, although the number is going up, its going up for all the wrong reasons. Almost breached 6$ ATR from earlier in the month last month in the MID to low 6's now were are into and moving through the 7$ range..toooo much uncertainty for me, I need to watch and see what happens. I would suspect a pull to continue today, there will be pops on sales from those who knew and have large stakes, but I would trust any ANY POP right now,
NASDAQ:QQQ
by TuskenDayTrade
QQQ Trading Opportunity! BUY! My dear friends, Please, find my technical outlook for QQQ below: The price is coiling around a solid key level - 448.71 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 464.38 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
NASDAQ:QQQLong
by AnabelSignals
2
QQQ 5th wave down in wave 3 of A 448/443/ 444.9The chart posted is the QQQ we are now in the late stages of WAVE 3 of WAVE A down . I have labeled the 4 hr pattern for you to see targets and form . I will be taken longs in the 448/444 area for a sharp rally back up in wave 4 of A we should see a last drop in a clean 5 waves down . From this point we will rally in the form of a large ABC rally to form WAVE B the BIG TOP wave B tend to catch most ALL traders wave B also tend to move to a HIGHER HIGH at about 1.236 to 1.382 at most of wave A down . I will post ahs the math unfolds But for the most part we are see in a super cycle TOP forming for the next 1 to 2 years the avg decline has been 34 to 50 % and takes about 2 years I have stated stagflation 2025 .best of trades WAVETIMER
NASDAQ:QQQ
by wavetimer
4
QQQ beginning of bear market Looking at QQQ starting from the dip of the corona, we had 5 touches on the bottom end of a very clear trend line. the 6th touch of the bottom trend line started the 2022 bear market when it broke below the support. I think the same might happen now. We are 10% off the highs, with 3 touches on the trend line support. If we close below the marked trend line we are going to test the 2021 highs. If QQQ bounces off the support, we will see it go to 550 as indicated by the fibonacci retracement. Anyway one more very cool detail about this bull run is that from the lows of the corona to the top of 2021 the QQQ went up exactly 241 points, which is also the exact amount it went up from the bottom of 2022 to the top we saw at the beginning of July. Watch this key level closely. If we break below the support trend line, this is going to be an actual bear market
NASDAQ:QQQ
by itay1542