$QQQ - we are closeSince the beginning of 2023, NASDAQ:QQQ has bounced every time it retests the uptrend line. Look at how the 200DMA tracks along that trendline. The RSI is at a level where it has bounced previously. We are close to a relief rally. ๐by PaperBozz1515267
QQQ relief bounce on the cardsNASDAQ:QQQ is at a critical level which will lend itself to a relief bounce in the coming weeks. Note: This is not a trade recommendation do your own due diligence.Long00:59by Brosme4u7766
Nasdaq100 - Where could we go?NASDAQ:QQQ If we lose this Bullish Channel then here are the levels... Level 1: $445-$450 Level 2: $385-$400 Not financial adviceShortby RonnieV299924
NASDAQ: Correction or Crash?!If this Monthly Chart for March holds then the NASDAQ:QQQ is COOKED! Next Level: $450 Crash level: $370-$400 ๐ฅถ - Breaking out of WCB Trend - Volume is WAY less than 202 Market Crash (Can get worse) - Breaking out of Bullish Channel - Topping tail wicks Not financial advice Shortby RonnieV29447
The Nasdaq-100 Since The Crash StartedHere's a line chart of the Nasdaq-100 ETF QQQ since the recent plunge started. It has been relentless selling. While I could tell you all about the 10% correction and all that other jazz, I just want to share this line chart that is essentially going straight down. I think there are essentially three ways to play this: 1. Do you wait for one capitulation event and then dive in? If so, when does that begin? Start your research process. 2. Does one place a pair trade of sorts for both crazy downside insurance BUT also a quick upside pop. There has not been a rally at all off this crash and as they often observe, the biggest bounces happen after the worst drops. 3. Keep playing the downward trend until otherwise noted. My only concern here is that I keep asking myself: have I missed the down move? I am watching closely and am wondering when or if a rebound arrives and how to play it. If you have any trade ideas in mind based on this plunge, please comment them below!by scheplick2210
Get Out Your Shovels, It's Time To Load UpHappy market selloff everyone! It's about time we got some action. It's been interesting to see which sectors are selling off, and surprising perhaps nobody, it's mostly high-priced SaaS, consumer finance / gambling names, and meme stocks. Of note - private equity investment managers, which have presumably seen much higher-than-average financial stress as a result of the tariffs: - Private Equity (ARES, TPG, KKR, APO, BN, BX) - Airlines (ALK, DAL, UAL, GEV, AAL) - SaaS (PLTR, S, NET, TTD) - Meme / Retail (TSLA, MSTR) - Sportsbooks / Brokers (FLUT, IBKR, HOOD, DKNG) - B2C Network Platforms (SPOT, RBLX, GRAB) - Consumer Credit (SYF, DFS, AFRM, SNV, COF, ALLY) - Socials (PINS, RDDT) - Big Banks (GS, MS, JPM, C, TFC) Anyway, given that the market is now notably oversold by a few common readings, including the oscillator above and CNN's Fear & Greed index, we think it's time to begin scooping up shares in the broader indices, and especially in oversold stocks you may like, including GRAB, SOFI, RDDT, and TTD. The market is still expensive, but this selloff reeks of a 'blip', and not a longer-term fundamental change in market momentum, positioning, and sentiment. To see that, we'd expect to see a crack in support levels around QQQ $420. Best of luck out there!Longby PropNotes2213
QQQ: Capacity of the PullbackThis chart presents a Fibonacci channel projection based on key swing points, including a Higher High, Higher Low, an All-Time High (ATH), and a current Lower Low. The levels of Fibonacci channel that market should abide by for the nearest future, are defined by: HL & LL - sets direction (fib 0 line); applied to ATH (fib 1 line). The derived fib ratios help to anticipate future price movements acting as key resistance where the pullback (reaction to prior impulsive bearish wave) might reach in respect to its structural capacity. B&W dashed line indicates a potential inflection point where the price could either reverse or extend further into supply zones.by fract119
$QQQ Analysis, Key Levels & Targets for March 5th 2025 NASDAQ:QQQ Analysis, Key Levels & Targets for March 5th 2025 What is running through the trading range today? The Weekly 35EMA and the 30min 35EMA. Critical level here. Expected move 486 to 505 (+/- 1.70%) Where is support under our trading range? 448 :Oby SPYder_QQQueen_TradingUpdated 225
QQQ / NDX: Also a potential dead cat bounce like SPX?I examine the Qs and provide some key levels to watch.Short14:09by marsrides118
Stock Market Forecast | TSLA NVDA AAPL AMZN META MSFTStock Market Forecast | NASDAQ:QQQ AMEX:SPY Mag 7 Forecast | NASDAQ:TSLA NASDAQ:NVDA AAPL AMZN META MSFT GOOGLLong33:27by ArcadiaTrading333
The Double Top is in on QQQNASDAQ:QQQ - DOUBLE TOP ๐ป๐ป No Denying it NOW! Measured Move is $459 by 30May Not financial adviceShortby RonnieV2912
QQQ - Double Top BreakdownQQQ has formed a double top, a classic bearish reversal pattern indicating potential trend exhaustion. The price has broken below the neckline, confirming the pattern and signaling further downside. If selling pressure continues, we could see a move toward the target zone. This breakdown suggests that bulls are losing momentum, and unless QQQ can reclaim the neckline, the bearish bias remains intact. However, false breakdowns can occur, so it's important to watch for a potential retest of the neckline before further downside. ๐ Key Levels: ๐ต Entry: Breakdown confirmation below support ๐ด Stop Loss: 524.65 ๐ป (Invalidation level if price reclaims this zone) ๐ข Target: 458.59 โ (Measured move from the pattern) ๐ Watch for: ๐ A retest of the neckline as resistance ๐ Increased volume confirming the breakdown ๐ Possible continuation if sellers remain in control This setup presents a strong risk-to-reward opportunity for bears, but staying cautious of any reversals is key.Shortby pliesfargo113
Qqq So .. Keep things simple.. Qqq has support at 468-470.. below that support at 450 comes... Qqq 1st resistance is at 477, over 477 and 483 comes. .. The technicals say we should bounce up to 483-485 if Jolts come in decent today.. The bad news is Until post Opex we are in a Bearish seasonality.. The structure on one of the biggest sectors XLC (Meta,NFLX) tells me that the selling isn't done and we could see 450 by end of April.. Overall Qqq Top was in like posted back in Dec.. Here's Qqq weekly chart log scale.. Notice it only broke this once in 16yrs and that was because of the stimulus liquidity.. Now zoom in here and notice the 2 red arrows the first Arrow was back in July when QQQ tagged that weekly resistance, price corrected but they bought it up for the sake of distribution.. the evidence of that distribution is on your RSI weekly chart. Look at your RSI and notice How it's has diverged as price went higher also notice How NVDA and MSFT pretty much traded sideways since last July. Lastly JPM pretty much said that they liquidated most of their tech longs last summer. Notice the blue line ? That was our uptrend from 2022 lows, that uptrend combined with the weekly channel has made a rising wedge. We broke that rising wedge last week but I think in April we will rally back up to retest it around 510-515 before a sell in May event that takes us to the bottom of this channel Around 400.. The bigger picture is this, the channel of 16yrs support has never been broken so if you do get that 400 price this summer it will likely be a buying event like what happened at 2022 lows. I don't think Qqq makes a new high until 400 is tested . But to focus on today's trade, wait until Jolts numbers are released, if we push over 477 then they will melt this back up to 483.. if we flush then don't short this until you see 467 cause it could be a trap.. below 468 and you short this to 462 then 450.. The WEEKLY 50 SMA is at 485 so it will take CPI to get over that Had to post this for my friends since X is down ๐ .. I'll update hereby ContraryTrader8
QQQ Trading Opportunity! BUY! My dear friends, QQQ looks like it will make a good move, and here are the details: The market is trading on 491.81 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 509.46 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 โโโโโโโโโโโ WISH YOU ALL LUCK Longby AnabelSignals116
Nasdaq short-term long: Bounce off Trendline, RSI DivergenceIn summary, I think that there is a good odds that Nasdaq will rebound in the short-term because it has bounced off a 2-year trendline and RSI has diverged with price. Using QQQ to gauge volume, I can also see that there is a healthy volume to support a reversal. However, take note that as of now, I will still consider this to be a corrective wave up and not a major trend reversal to the upside. Meaning, the major trend is still down.Long02:55by yuchaosngUpdated 5
QQQ - Do what you will. Looks like we hit the first Fib level, but at least another to go but we certainly could see a dead cat bounce here. GLTA. by Juskickenit24
Rising Channel - QQQ's Here is a good reason why we saw a bounce on the charts today after a really bearish week on the QQQ's. Long03:08by TonyTiger842
QQQ long term trend is down with short-term relief rallyI am guessing a bit more downside before we see a relief rally. The AI bubble is starting to unwind, and that falling knife is sharp. I am patiently waiting for some version of a short-term bottom. You can see in the chart that price is has several key support lines within near reach. I would expect testing and hopefully finding some support in the coming days. If it is like the COVID bubble unwind, then we could see a strong reverse rally out of this range. However, I think it is pretty clear QQQ is in correction with a convincing loss of the 200 day SMA. Shortby Dr_Roboto3
NASDAQ: Buy the Dip; Hold the Grip Tech: Dip to horizontal support + 50% fib + TL Normal drop and expect a rally or sideways marketLongby Rocketman2
QQQ .618 I have now moved to a FULL LONG CALLS The low has dropped into the crash cycle due the week of 3/10 to 3/13 .We now have a large ABC decline down to .618 At the low .I will now look for a min of three weeks of Upside MIN . Time to be LONG is NOW . best of trades WAVETIMER by wavetimer3
$QQQ Analysis, Key Levels & Targets for March 6th 2025 WEEKLY 35EMA. Put that level on the weekly chart and youโll know exactly where the battle ground is today. You can see it running through the last few trading sessions. I have 487 as support - and if this breaks the next support is at 448. by SPYder_QQQueen_Trading2
To catch a knife... QQQOk, I'm a little bummed I didn't make an idea sooner because my dowsing (as in with a pendulum) nailed the high on both SPY & QQQ. It is documented online, however, so I'm not making this up after the fact fyi. I had mentioned at the time (around 2/23) 11 days to hit the lower target in SPY (I'll do an idea for it as well). Wednesday is the deadline, though I don't put a ton of faith in these things, dates typically are things to watch in my work and can be reversals. On 2/26 I worked on what to expect for the first week in March. The message was it goes down, but there's a "scene of the crime" trade, spike down and low on... Wednesday the 5th! When I ask what does this look like, I get "v-bottom". My dowsing now keeps repeating there will be a small move up to sell into if we get a significant move away from the 503-04 area. I did my best to get levels, but obviously this is some woo woo kinda stuff, so it can be miraculous at times, and others a complete cluster. Definitely watch Wed. & the 468 area. Ideally, the time and price align for higher odds I'm correct. If we bounce, I'll try to find an upside target. There is also a lower target around 432, but I didn't dig into that much.Shortby JenRzUpdated 1
QQQ , Tradeable bull bounce is likely next week for us .I think we will have a period of strength next and probably see longs start to work . Today the market found strong buying at the November lows after undercutting briefly . Ask yourself , if you were bearish would you short here after three weekly bear closes , does the risk reward work here . The answer is no . The situation at least temporarily favors the longs . The bulls see "opportunity" , things are oversold and they see this as a low risk area to buy their " cheapies " . The bears on the other hand see this as a good area to take profits and they will probably try to short higher when they see potential weakness resuming and try their best to get a lower high . I don't know what will happen but I do think those arguments are logical and expecting a tradable bounce next week for longs is a high probability . * Suggest to be nimble and make sure to take some profits on those longs as it is given, don't expect excess of what the market is making clear for now . Bears will try again probably higher up to make their lower high , so securing at least some profits on near term longs quickly is important . Longby NAK1987221