my favorite pullback setup(example used is bullish)Indicator: 5MA,20MA, MACD, Stochastic RSI
my fav setup for Bullish pullback.
when price makes Higherlow as (S) with SKD oversold.
Allow me to use (S) as SL to aim at Prev High(R).
QQQ trade ideas
Using Fib lines to display high probablity entries and exitsI have found that Fibb Numbers can be highly effective and does not lag like an indicator.
These numbers can be used to visually validate pullback and bounce zones, predict the closing price, validate a healthy trend, and show areas to take profit. using these numbers will allow the trader to visually understand how price may move. It is key to wait to validation of the level the market price comes to test. These numbers can also be used in tandem with indicators and the Gann box to further validate what is happening. It is key to use the on a time frame higher than 5 minutes to gain a view of the overall trend for the day or week. I prefer using the 15 minute time frame to view and the 5 minute time tame to validate. These levels can be used on areas of previous price moves to guide a trader before the move even happens. Using the lines allows you to really hone in on what price is showing you, where you are wrong and need to get out of way, and when to add to a winning position. Use these concepts with an institutional investors mindset. When a market is trending pullback occur from retail traders emotions causing them to sell early out of there winning positions. On these dips institutions add to a winning position because they have an edge and sense of calmness and validation provided by the fibbonacci levels. An extreamley important aspect of profitability is keeping a consistent risk to reward, cutting losers short, and letting winners to run. It is key to follow what the number are showing you and be patient for the price to validate your theory. Than an entry is taken when it is most clear that the trend is going to continue. If you are in a winning position start to think of ways to plot the next line array. use the previous legs pullback to project an upper array of numbers that may provide confluence. Volume coming into the market at these levels is also very tell tale sign this move may have institutional support. Trust the number and their properties. Avoid trading with your ego trying to predict a direction, bias, or outcome. Simply observe a trending market and let the Fibs do the rest of the talking.
QQQ Approaching a Critical Juncture! Jan. 3Technical Analysis Overview:
1. Trend Analysis:
* QQQ is trading within a broad descending wedge, approaching critical support near $510. Resistance remains strong near $533, where previous highs align with the upper trendline.
* The current drop indicates bearish momentum, but potential reversal signs may emerge as it tests lower boundaries.
2. Indicators:
* MACD: Momentum is bearish, with the MACD histogram showing declining bullish momentum.
* Stochastic RSI: Oversold on the hourly timeframe, suggesting a potential short-term bounce or relief rally.
3. Volume:
* Increased selling volume supports the current downtrend, emphasizing bearish sentiment in the short term.
Key Levels to Watch:
* Support: $510 (trendline), $500 (psychological level and PUT wall alignment).
* Resistance: $525 (short-term), $533 (key CALL wall and upper trendline).
Gamma Exposure Insights (GEX):
1. Support and Resistance from GEX:
* Highest Positive GEX: $533, indicating strong resistance where call options are concentrated.
* Highest Negative GEX: $500, aligning with strong support where significant PUT options are concentrated.
2. Gamma Wall Analysis:
* Call Wall: At $533, where market makers may increase hedging activities if QQQ rallies.
* Put Wall: At $500, a level of substantial support based on hedging flows.
3. IV Metrics:
* IVR: 21.6, indicating low volatility relative to its annual range.
* IVx Average: 20.5, suggesting moderate implied volatility expectations.
Trade Scenarios:
1. Bullish Setup:
* Entry: Above $525 with confirmation of strong buying pressure.
* Target: $533 (first target) and $540 (extended target).
* Stop-Loss: Below $519 to protect against false breakouts.
2. Bearish Setup:
* Entry: If $510 breaks on high volume.
* Target: $500 (primary support) and $490 (extended target).
* Stop-Loss: Above $516 to minimize risk.
Conclusion:
QQQ is trading near critical levels, and upcoming price action will likely depend on whether it holds key support at $510 or breaks lower towards $500. Monitor Gamma levels for guidance on potential reversals or continuation of the trend.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Please conduct your own research and consult with a professional financial advisor before making any investment decisions.
QQQ / NDX / SPY /SPX showing some exhaustionLooking at prior charts for QQQ/NDX and SPY/SPX, it appears some similar technical coincidences have developed again.
Using QQQ as my example, I'm of the opinion an overnight down-trend will begin after-hours on /NQ and /ES futures, thus resulting in an initial price retest to roughly $511 for QQQ.
I'm posting this as of Thursday afternoon, February 6, 2025, EST
$QQQ Anlaysis, Key Levels & Targets for Feb 4 2024So the trading range for QQQ has a lot of moving averages running through it possible support we did reclaim the 50 day moving average that one hour two and moving average is still pointing down here the 30 minute and the 35 EMA is trading still bullish and we just filled that gap. The top of the implied move is at 525 and I would be looking at 526 527 bear call spreads or 527 528. ( that’s where I have my condors and I will add spreads there when challenged)
SPY/QQQ Plan Your Trade : Where's The Deep-V Bottom?I created this video to help illustrate what I believe are nearly perfect setups of multiple Excess Phase Peak Patterns over the past 30+ days in the SPY and QQQ.
It is incredible how these patterns continue to form/setup in a broadening sideways price channel. If we didn't know to look for these patterns, we could easily mistake this volatility as some type of longer-term buying opportunity.
Remember, if my research is correct, we are going to see an almost immediate reversal of the trend over the next 48 hours - leading to a Deep-V set up in the early few days of next week.
I've been wrong before, but I really do believe this Deep-V downward trend is about to happen.
I believe some news event over the weekend could send the markets into a minor panic-type selloff.
Additionally, I believe the disruptions related to what is happening in DC and other areas may be enough to send the markets searching for support.
Recent earnings have not been fantastic, and we are moving into a relatively complacent Q1:2025. So, I still believe we are moving into a broadening "megaphone" price range on the SPY and QQQ.
One thing is certain right now: In about 4 to 7 days, we'll know whether my Deep-V base/bottom pattern call (from more than 30 days ago) was accurate.
Buckle up, folks. This is when things get really interesting.
Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
$QQQ Analysis, Key Levels & Targets for Feb 6 2025NASDAQ:QQQ Today’s Trading Range, y’all
Alright so options have today’s expected move between 521 to 533.
Sorry I’ve got to post and run today without much commentary but I know y’all got this!! Lets gooooo….
$QQQ Trading Range for Feb 3rd 2025So we are at the bottom of the one standard deviation move off of last Friday’s clothes which is 512. This could be the bottom of the day heading up towards the 50 day moving average and if we do drop a little bit lower 511 is on Tuesday’s contract and then we have a support gap underneath that so for the day very likely we are close to the bottom here but of course we have a terror in the White House so we don’t know But I’m gonna call this bottom looking for a move back up to the 50 day moving average
Stock Market Forecast | TSLA NVDA AAPL AMZN META MSFT GOOGLStock Market Forecast | QQQ SPY
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$QQQ Analysis, Key Levels & Targets for Day Traders for Feb 7 20
Alright we are opening with a follow through of the breakout from the downtrend, but also at resistance.
If we get above this level, 531, then the next resistance is at 533, and then 536 is the top of the implied move.
Under us we have all kinds of bounce levels, 35EMA, 30min 200 and 524 is the bottom of the implied move.
QQQ Approaches Critical Resistance Levels! Key Moves to Watch Technical Analysis:
* Current Price Action: QQQ has displayed a steady bullish trend, breaking into higher highs and nearing the key resistance of $531.52, with intermediate resistance around $530.
* Trendlines: A strong ascending channel is observed, aligning with positive momentum. A breakout above $531.52 could open the door to further bullish momentum towards $535 and $540.
* Volume: Rising volume indicates buyer confidence, supporting the recent uptrend.
Gamma Exposure (GEX) Insights:
* Highest Positive GEX (Call Resistance): $536 represents the strongest call resistance. A break here could lead to a gamma squeeze, amplifying upside momentum.
* Key Support (Highest Negative GEX): $510 is the critical support level, marked by heavy put interest. A break below would indicate a potential shift in sentiment.
* Options Metrics: Implied Volatility (IVR): 18.3%, suggesting moderate volatility. Put interest is at 30.1%, reflecting a balanced sentiment.
Key Levels to Watch:
* Immediate Resistance: $530, followed by $531.52.
* Support Levels: $523 (near-term support), $515 (second support).
* Bullish Targets: $535 (second call wall), $540 (third call wall).
* Bearish Targets: Break below $510 could lead to $500.
Trade Suggestions:
* Bullish Scenario:
* Entry: Above $531.52.
* Target: $535-$540.
* Stop-Loss: Below $530.
* Bearish Scenario:
* Entry: Below $523.
* Target: $515-$510.
* Stop-Loss: Above $525.
Conclusion: QQQ is testing key resistance levels, and a breakout above $531.52 could signal strong bullish momentum. Monitor options flow and volume for confirmation. Stay cautious near critical support at $510, as a breakdown could alter the trend.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly.
$QQQ Analysis, Key Levels & Targets for Day Traders Feb 5 2025NASDAQ:QQQ Analysis, Key Levels & Targets for Day Traders
Expected move for Today, Feb 5 2025 between 518 and 531
35EMA testing the 30min 200MA, and we are neutral here until we find a direction above the 35EMA or with the 35EMA sliding under the 30min 200MA to go lower…
QQQ Massive Short! SELL!
My dear subscribers,
QQQ looks like it will make a good move, and here are the details:
The market is trading on 529.65 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 519.17
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
QQQ - in a clear Uptrend but...The #QQQ remains in a clear uptrend; however, the weakness in the RSI, combined with the recent pullback, calls for increased #caution.
While the $500 level serves as strong support, it is more likely that the correction will find its bottom around the $475 area.
$QQQ Anaysis, Key Levels & Targets for Day Traders35EMA Underneath us, island gap above us, top of the expected move on the day is 529, the top of that bear gap is also 529 and the top of the amply move for tomorrow’s contract is 531. Underneath us we have a lot of moving averages potential support on the day that 50 day moving average the one hour is pointing down that could take us down to the 50 day and underneath that 515. 512 on tomorrow’s contract.
$QQQ Analysis, Key Levels & Targets for Day Traderswow guys look at how much chaos is in our trading range today. We are trading in between the 50 day moving average to 30 minute two and moving average to 35 EMA and the one hour 200 moving average we’ve been sideways for the past two days in between those levels, if that we have island and then 528 as the top of the expected, move and if we break underneath it 513 is the bottom of the expected move today. Intense.
QQQ Technical Analysis and Trading PlanPrice Action Analysis
* Trend Overview: The price has been moving in a consistent upward channel, forming higher lows and maintaining support at key levels. The current price is approaching a resistance zone around $533-$535.
* Support Levels:
* $521 (short-term horizontal support).
* $502 (major support from previous consolidation).
* Resistance Levels:
* $530 (minor resistance, recent pivot).
* $535 (major resistance based on options call wall and historical levels).
Trading Plan
* Bullish Scenario: If QQQ breaks above $535 with strong volume, we can expect a continuation toward $540 or higher.
* Entry: Above $535.
* Target: $540, $550.
* Stop Loss: Below $530.
* Bearish Scenario: If QQQ fails to break above $530 and falls below $521, it could retest $510 or $502.
* Entry: Below $521.
* Target: $510, $502.
* Stop Loss: Above $525.
Option Strategy
* Bullish:
* Buy QQQ $535 Calls (expiring in 2 weeks) if price breaks above $535.
* Target Delta: 0.5; Max loss to be capped at 50% of premium paid.
* Bearish:
* Buy QQQ $520 Puts (expiring in 2 weeks) if price drops below $521.
* Target Delta: 0.5; Risk 50% of premium.
* Neutral-to-Bullish Play:
* Bull Put Spread: Sell $525 Put, Buy $520 Put for premium collection if price stays above $525.
GEX Insights
* Call Wall: $535 shows high call interest, aligning with resistance.
* Put Wall: $500-$505 levels act as strong support.
* Implication: The current Gamma Exposure (GEX) favors a bullish scenario above $530.
Conclusion and Thoughts
The overall trend for QQQ remains bullish as long as it holds above $521. A break above $535 with volume would signal further upside potential. However, failure to hold $521 could lead to downside toward $510 or $502.
Disclaimer: This analysis is for educational purposes only and not financial advice. Always conduct your research and trade responsibly.
QQQ Technical Analysis and GEX Insights for Option TradingTechnical Analysis (TA) Overview:
* Timeframe: 4-hour chart.
* Current Price Action: QQQ is consolidating after a sharp recovery from recent lows near $500. Key resistance at $533.82 and support at $499.61.
* Trendline Breakout: Prices are respecting an upward trendline, indicating strength. However, potential resistance near $523, as highlighted by historical levels and GEX walls.
* Indicators:
* MACD: Positive crossover, signaling bullish momentum.
* Stochastic RSI: Near overbought levels, which may suggest potential pullback or sideways consolidation.
Key GEX Insights for Options:
* Gamma Resistance Levels:
* $533.82: Highest positive NETGEX resistance.
* $523: Second CALL wall with significant gamma concentration.
* Gamma Support Levels:
* $510: Third PUT wall with 78.45% gamma exposure.
* $500: Strong PUT wall, marking critical support at 89.78% NETGEX.
* Implied Volatility (IV):
* IVR: 21.4, indicating moderately low relative volatility.
* IVx Average: 23.6.
* Put-to-Call Ratio: Skewed bearish with 31.6% puts, suggesting hedging activity.
Actionable Trade Setups:
1. Bullish Scenario:
* Entry: Above $523 after confirmation of breakout.
* Target: $533.82, aligning with gamma resistance.
* Stop-Loss: Below $520, accounting for a false breakout.
2. Bearish Scenario:
* Entry: Below $510 with increasing selling pressure.
* Target: $500, gamma support zone.
* Stop-Loss: Above $513.
Key Notes for Traders:
* Gap Risk: Prices might gap up/down at market open due to overnight data or sentiment. Adapt your plan accordingly.
* For updated setups during market hours, feel free to message me directly.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always perform your due diligence and trade responsibly.
$QQQ Analysis, Key Levels & Targets for Day Traders50 day moving average and 30 minute tun removing average is right above us and the one hour 200 moving average we gapped down and made a huge island top reversal. Look to those moving averages as resistance as we try to turn those averages down. We do still have a bad signal line With plenty of room to close some of these recent up gaps and retest the 4HR 200MA
QQQ: Short Trading Opportunity
QQQ
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell QQQ
Entry - 529.65
Stop - 534.63
Take - 519.35
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
QQQ sell to 500We recently formed a double bottom at 510 and a double top at 531 , we’re definitely going to complete the sell to 510 however Watch for a break and retest below 510 and we’ll be able to head to 500 to complete the previous move upwards to 531 that originally started January 13th.
