Psychology of the indices.This is personal opinion only. Hoping to encapsulate all market participants on many timeframes and the thought process behind why some moves may seem illogical on the surface.
TQQQ trade ideas
TQQQ LongMost definitely alot of short interest at these prices...but nuances my friends. Resistance flipping to support (tentatively holding) with another day of a lot of absorbing on the bids...Could see a breakout back up to retest ATH levels.
There is still a downside gap unfilled from last week...but as you should know the indices don't mind leaving them behind for a few weeks before eventually filling. Good luck.
TQQQ looking to start downswing to test 1YR support Looking a the TQQQ 1 year chart, looks like we are going to see a downswing to test support again after hitting a triple top at ~$111.89 since March. Current channel movement looks to mimic that from March. My entry point is $93 on June 14th but may come up to $95 to get lifted. What are your thoughts?
Invest ideaBuy low Sell when Yield Curve below zero.
10-Year Treasury Constant Maturity Minus 2-Year Treasury Constant Maturity
TQQQ - To the $110 💰After bleeding for a while now, the Tech sector finally shows some signs of life!
Our short-term target stands at $110.
TQQQ BULLISH SIGNTQQQ bullish sign.
1. MACD almost buy signal.
2. Price passing EMA 21.
3. EMA 21 almost bounce off EMA 55.
4. Price bounce off parallel channel.
IF EMA 21 don't bounce off EMA 55, market will sideways.
IF EMA 21 bounce off EMA 55, BUY SIGN.
$NQ Harmonic Drip 🩸🩸Huge Slide, I will attach charts we shorted, Stop is even on short used Vix on entry, peeling off more tp 1
TQQQ, TIME TO BUY!Hello fellow traders and investors, here's another trade idea.
TQQQ has been pulling on back to the bottom of the channel. It is offering a really nice setup right now and offers a 17.50% ROI.
Technicals:
The RSI is indicating that TQQQ is oversold
The VWAP is looking like an amazing support
The Macd is still indicating signs of a downtrend
When To Buy:
Now
When To Sell:
The take profit area
Fundamentals: TQQQ is a triple leveraged ETF of the Nasdaq 100 Index which means if the Nasdaq is up 1%, TQQQ will be up 3%. This ETF offers a lot of opportunity because of the leverage however if you are inexperienced I suggest you buy the Nasdaq ETF which will be less volatile. As we all know established tech companies have pulled on back because of earnings that they crushed so I'm expecting a steady recovery to its previous high. I recommend that you sell the second it gets to the previous high since it will be forming a triple top.
Rating: 80/100 because the tech sector is doing amazing I am pretty confident we will see a rally back to the previous high, the only problem with the tech sector is many of the company's valuations are very expensive.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow and comment your thoughts.
If you have any questions send me a message and I'll gladly respond.
Thanks.
Gap and Support at $60Gap on the daily at $63.XX and strong support in this range. Hopefully we see prices continue to cool off and present a good buying opportunity.
TQQQ - Looking for a Pull Back? IMO I think TQQQ is on its way to set a All time high on next leg up! What do you think?
TQQQ, Holds 10EMA, Long We have seen some positive moves in QQQ these past few days , we gapped down on 4/21 but then retook the 10ema on daily closing with a strong bullish engulfing candle , today we are holding the gain well . Took a long , will follow it up , stop under todays low or under 10 ema on daily.
TQQQ Day trade Levels are established on the daily through fib retracement from High to low swing, zoomed in on the 5 minute to trade between those levels as I follow structure of the ETF. Fib retracement levels are established again within the imbalances on the 5 minute to find zones for entries and exits (blue box). the bottom blue box is the .312-.618 level of the 3/26 run up was looking for a retracement before another run up. The exit the top blue box was made with the fib retracement as well using .312-.618 levels between the 88.97 and 93.31 marker and a fib extension of the after hour trend (just for more accuracy to locate where PA can go) which landed me between 90.59 and 91.66
