Am I missing something?Well, am I missing something or this is just a continuation pattern? The last candlestick formation is bullish. I'm not sure to short the market now. Lets see how the week closes.
QQQ trade ideas
$QQQ can be in big trouble this week If price don't make a big pull back at 368 area, i would love to see price at 363. Now i think the market is getting fun and momentum will be heavy but remember 1-2 trades a day getting a piece of pie. Don't try to take the whole cake at once, we got 5 trading days.
QQQ RECAPprice action play out as expected . beautifull double bottom at pwl . will be waiting for price to retest 369.74 and trade above it .. next target mss & pwh
QQQ PRICE ACTION prce is exatly at our golden zone area from last week PA. we expected a pull back from this level($369.74) . this lvel will become the new breaker in order for price to retest 372.67 (next target ).
QQQ - Short Scalp OpportunityThe NASDAQ:QQQ Chart is currently displaying signs of bearish harmonics, a pattern that may suggest a downward trend. Specific downside targets, along with the stop-loss (SL) value, have been detailed on the chart for your reference.
Please proceed with caution and trade safe!
$qqq Recap Like we previous posted our key levels last week .. we bought the PWL $364.75 and used our Sellside from last week as our TP .. could of held longer but .. it’s disciplined over Greed
The QQQ might get a bounce but not looking goodA bounce wouldn't be surprising, but with the QQQ under the most recent breakout, and with Lorentzian, trend meter, & the 3D wave trend all bearish, use any rally to secure you gains/profits.
QQQ day support brakingQQQ on the day shows first support being broken with 12/26 emas about to cross to start a bearish trend. if second support crosses with my white trendline its over for her for now.
Pt 1 | QQQ SPY & 7 Mega Cap Tech & Natural Gas Analysis no signs of hourly trend changes for the bulls on many tech stocks so still no signs of bottom yet.
QQQ The QQQ has been on a sell signal for the last couple of weeks. The breakdown of the QQQ trendline will be the beginning of all the selling you follow
QQQ chart looking very interesting for Aug 14 week.The yellow zones show the Bollinger band / Keltner channel squeeze.
NDF Review! This was published yesterday 30 mins before market closure!
QQQ:
SPY:
IWM:
ARKK:
AAPL:
MSFT:
GOOG:
AMZN:
META:
TSLA:
AMD:
NVDA:
XOM:
F:
AAL:
BABA:
BAC:
NFLX:
AMC:
MRNA:
#QQQ Set Ups For A $400 TestIn this update we review the recent price action in the QQQ's and identify the next high probability trading opportunities and price objectives to target
*Past performance not indicative of future results
It's timeDouble top confirmed in the daily timeframe. I think we are going to see a correction towards the 360 zone. I'm not trading this, I haven't had much success trading indexes, I prefer stocks. It's very possible that bulls push the price again to the $375 zone now resistance. That's the thing with indexes, sometimes looks like a free fall but suddenly buyers come out from nothing and push the price up for a day or two and puts expire. Don't tell that never happened to you. I use this to see the sentiment of the market. Yesterday I bought a bunch of puts of AAL, MRNA, AMD, CROCS and TXN, all showing strong bearish patterns. At every pull back up I will buy more.
$QQQ Bullish Parallel Uptrend Bullish Parallel Uptrend About to Break Lower, Wait and See at the Moment
The Invesco QQQ Trust (QQQ) has been trading in a parallel uptrend since the beginning of the year. The price has been making higher highs and higher lows, creating a series of parallel channels. This pattern is often seen as a bullish sign, as it suggests that the trend is in place and is likely to continue.
However, the QQQ is starting to show signs of weakness. The price has been unable to break through the upper trend line of the parallel channel, and it has started to make lower highs. This suggests that the bulls are starting to lose momentum.
I am waiting for the QQQ to break through the lower trend line of the parallel channel before making any trading decisions. If the price breaks through the lower trend line, it would be a sign that the uptrend is losing momentum and a bearish reversal could be in the works. However, if the price bounces off the lower trend line, it would be a sign that the bulls are still in control and the uptrend is intact.
I will continue to monitor the QQQ and will update my trading plan accordingly. In the meantime, I recommend that traders wait and see what happens before making any trades.
Here are some additional things to keep in mind:
The QQQ is starting to show signs of weakness.
The price has been unable to break through the upper trend line of the parallel channel.
I am waiting for the QQQ to break through the lower trend line of the parallel channel before making any trading decisions.
If the price breaks through the lower trend line, it would be a sign that the uptrend is losing momentum and a bearish reversal could be in the works.
However, if the price bounces off the lower trend line, it would be a sign that the bulls are still in control and the uptrend is intact.
State of the market - SPX + QQQOne more low is still possible to complete a falling wedge and more substantial panic before the bigger rally. I do think a larger multi day rally comes, but it could wait a day or two. I will update if anything changes. Good luck!
Tech RallyBreakout of wedge, all pullbacks would be an opportunity to add. A test of the wedge breakout is possible as a bear trap before the larger upmove. The target is conservative, I actually think it's more likely they come back to test the trendline.
For MultiCraftI hope this works. I have to type more because it won't allow me to publish this with the description as "I hope this works." So I am going to write just a little bit more so that I can actually publish this for you
$QQQ - Could see a further pull backNASDAQ:QQQ is currently sitting on the 50-day moving average. It could see a further pullback and fill the gap at $332.
Here are the support areas: $360, $340, and $332.
2023/8: Surfing QQQ - ShortNASDAQ:QQQ : 368.68
Technicals:
1. MACD negative and falling
2. Fractals point to continued fall until October
Analysis:
1. Short with initial target in 333 area.
QQQ 2021 Sept CypherCPI / PPI data this week will foreshadow what is to come for the rest of august and September.
September is historically the worst month for the market so we must be ready for anything.
If we have an negative overreaction tomorrow morning from CPI data, we will most likely wick down hard and then spring back into the channel shortly after.
If CPI is good we will most likely gap up at first and then sell off back into the channel as I don’t think the pull back is finished just yet.
Levels to watch :
Support: $364.55
$357.46
Resistance: $375.33
$380.05
Is QQQ Preparing To New All-time High???Technical Analysis:
- There is very possible once AAPL and MSFT as a bullish structure in weekly timeframe
- H1 right side is turning down
- H4 right side is up
Technical Information:
- Don't sell QQQ and you can buy in next days around 360
Short targets QQQ short termMy dowsing this morning called $375 minus 2.68% today. That's working nicely, but I think the lower target is more likely of $371, which was given to me as 14 points down from yesterday's close. There may be some bad news of some kind that drops us further into tomorrow.
