QQQ still confined to the trading channel since 2010The blue trading channel has been a very reliable resistance since 2010. You can see the many times that it has confined price action, only being broken during the COVID bubble. My guess is that it will continue to be resistance. We will likely see a repeat of the action from 2015 and 2018 where price will slowly work sideways but ever so slightly higher with numerous pullbacks until we see a large pullback to the support side of the channel.
Here is what the action looks like on the 1D. You can really see the price trying to break out, but as we saw back in April, it ultimately lost and we had a nice pullback to buy into.
QQQ trade ideas
QQQ Scalping Zones 6/11Outlook - Thesis from yesterday almost played out but no support from APPL kept QQQ from reaching ATH.
With big news dropping tomorrow I would expect chop in a tight range 465-462
Upside Targets:
* 463.94--464.39--464.85--465
Downside Targets:
* 463.22--462.11--460.11
Quantum Edge Analytics = T/A supports bullish momentum if 463.25 breaks and holds.
QQQ 25.5% decline over 260 daysI believe that QQQ / NASDAQ has reached its peak and will be heading into a decline / recession starting sometime in July or as late as October.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. I am not a financial expert, please do your own research and seek professional and licensed help for financial decisions.
QQQ Set To Fall! SELL!
My dear subscribers,
This is my opinion on the QQQ next move:
The instrument tests an important psychological level 462.97
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 450.36
My Stop Loss - 470.53
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
QQQ: Expecting Bearish Movement! Here is Why:
Balance of buyers and sellers on the QQQ pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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Trade Like A Sniper - Episode 26 - QQQ - (8th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing Investco QQQ Trust (QQQ), starting from the 4-Month chart.
If you want to learn more, check out my other videos on TradingView or on YT.
If you are interested in private coaching, feel free to get in touch via one of my socials.
QQQ Scalping Zones 6/7 Outlook
- NFP data came in hot. Watching downside but as always the market will somehow find a way to continue this rally. Very important to stick to levels and keep emotions out. Follow me on all socials where I provide scalping zones across multiple asset classes. -Quantum Edge Analytics
Upside Targets:
* 464.45--465--466
Downside Targets:
* 462.88--462.17--461.05
Daily Trend Tracker -
*QQQ+ *DXY- *VIX- *US10Y+
QQQ Trading Opportunity! BUY!
My dear friends,
Please, find my technical outlook for QQQ below:
The price is coiling around a solid key level - 451.74
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 455.42
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
QQQ Will Collapse! SELL!
My dear subscribers,
This is my opinion on the QQQ next move:
The instrument tests an important psychological level 458.03
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 442.80
My Stop Loss - 467.33
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
———————————
WISH YOU ALL LUCK
$QQQ Quick Market Crash from TOMORROW (or Fri) Till June 4th1. Everything fits perfectly into place from a Fibonacci POV.
2. Jamie Dimon (who likes to give passive bearish opinions) said today that he thinks Private Credit debt investments, like BCRED, Pimco Flex Cred, which are basically Privatized bonds, could become an ugly nightmare for grandma's or innocent investors, that are trying to get their money out and can't because of liquidation limits. Liqudation limits have been put on the Private REITS already (BRIET and Starwood Capitol REIT). But Private Credit Funds are made up of the same bullsh NYSE:T as in the movie "The BIG SHORT", those are collaterized debt obligations, that's right.
3. Interest rates, specifically the %-!) Year Treasury rates have SPIKED the last 2 days and mortgage rates will certainly follow suit, making home buying even harder. (again).
This will cause an already shaky real estate market, even shakier.
"SHAKE SHAKE SHAKE, Shake yo Booty"
4 This Bearish correction trend should start sharply with the initial drop ending at around Tues, June 4th, at approximately between 10am - 1pm.
5, In total, after a B wave up, we could see a bear market into Middle to End of July.
6.
a. My bearish trade will start with Credit Call Spreads, Aug 19th expiration, with the short calls at 0.25 Delta, the long calls will be around 0.10-0.05 delta.
b. Then I may take 1/2 of all that premium and start buying deep OTM puts with same expiration, and then just buy and sell those into July, but keeping the Credit Call spread in placed till 21 DTE, approx July 20th, when they should be near worthless.
QQQ to 380 before Jan 2026?This is a big statement, but this could come true. Just an idea as I don't usually trade QQQ or hold anything for more than a year at the moment. lol. If we did really enter a 5 year bull market last month, then I do feel 380 could be a good price target for a low size position trade.
NFA - just a thought
QQQ Scalping Zones 5/22Outlook
- Daily POC has moved up for the past 2 days to
support this rally. If we get a gap down
to 454 and hold i'll look to go long. If not I wouldn't be suprised
if we sold off all the way down to 452 especilly before NVDA earnings.
Upside Targets:
* 456.05/457/458
Downside Targets:
* 455.27/454.69/454.06
Daily Trend Tracker -
*QQQ+ *DXY+ *VIX+ *US10Y+