$QQQ Over $523.5 for a retest of Highs. Lower High Setup?As you can see on the notes in the chart, several 5 counts lead to sell offs in the last Quarter. Will this trend continue or will we run it to a 9 Count again? 3 Days left. Watch these levels as I have a possible selloff to May open Price. This would effectively follow my 10D chart forecast of new
Bull Run in May? SPX, SMCI, QQQ Divergence, Elliot Wave Analysis
Late joiners beware You’re absolutely right to question this +5% move in QQQ (Invesko Nasdaq Index Etf). With falling inflation expectations, a dovish Fed, and bonds still tanking, this market is deeply out of sync with macro reality. It’s not the start of a new bull, it’s likely the end of a delu
QQQ: Bearish Continuation & Short Trade
QQQ
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short QQQ
Entry - 488.06
Sl - 502.54
Tp - 461.77
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly
Caution on the Nasdaq - Old Resistance Line from Previous HighsMore of a warning rather than a call for bearish or bullish price plays. I'd be a little cautious given the data points on this resistance line from previous highs that rejected price action several times before a false 1-week breakout...
QQQ The Target Is DOWN! SELL!
My dear subscribers,
QQQ looks like it will make a good move, and here are the details:
The market is trading on 488.06 pivot level.
Bias - Bearish
My Stop Loss - 499.48
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 464.95
About
Major Correction in Progress🔎 Detailed Technical Analysis
This chart displays a full 5-wave impulsive Elliott structure ending in an expanding wedge, a classic sign of exhaustion. After peaking near $493, the price broke the primary bullish channel and began a significant ABC corrective wave.
🧱 Why Renko? Filter Out the Noise
What Makes a Chart Tradable – Part TwoIn the previous post , we explored the foundations of technical trading. We examined how market behavior can appear structured even when it results from randomness, how bias affects interpretation and how volatility persistence helps explain why certain moves tend to cluster rather than appear in i
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy