QQQ Nothing can stop itNASDAQ cannot be stopped, or can it ?
can we finally see a breath taking from US Markets or are we gonna continue all the way through higher highs until it blows up
China did the right move to sell 53bn US Debt cause if this thing suddenly stops, then they would be the one holding the sand bag
QQQ trade ideas
QQQ Scalping Levels 5/20Outlook
- 452 is the key level to watch as it
was last weeks POC and the previous days high.
--If that level breaks and holds with
volume then I will wait for a pullback to go long.
---If not then obviously will be targeting my downside levels.
Upside Targets:
* 452.73/453.26/454.09
Downside Targets:
*4451.3450.7/450
Daily Trend Tracker -
*QQQ+ *DXY+ *VIX- *US10Y+
QQQ vs a formal FED liquidity model .... QQQ vs a formal FED liquidity model .... Adds :
Overnight Reverse Repurchase Agreements: Treasury Securities Sold by the Federal Reserve in the Temporary Open Market Operations, Assets: Other: Coin: Wednesday Level , Liabilities and Capital: Liabilities: Deposits with F.R. Banks, Other Than Reserve Balances
QQQ Set To Fall! SELL!
My dear followers,
I analysed this chart on QQQ and concluded the following:
The market is trading on 451.77 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 440.08
Safe Stop Loss - 458.64
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
QQQ Double Top on Bearish DivergenceIf you haven`t bought the dip on QQQ:
Then it's important to understand that it's currently exhibiting a double top formation, known as one of the most bearish chart patterns, along with a substantial bearish divergence. I foresee a retracement soon, possibly to $416, but I still expect it to finish the year on a positive note!
QQQ 1hr - Stalling at Major ResistanceQQQ was looking great on Friday morning, it finally managed to break out above its bear flag and a downtrend it had been in since April. Unfortunately for bulls, it quickly rejected after consumer sentiment was released. Having a fakeout like this will usually lead to a larger move in the opposite direction, but I need to see more confirmation. I'll be looking for VX strength/weakness and will see if QQQ can gap back above these trendlines or if we're heading back down. We should get a bigger move by the end of the week and could have some great opportunities on retests, but I'm proceeding with caution until after CPI.
QQQ What Next? SELL
My dear subscribers,
This is my opinion on the QQQ next move:
The instrument tests an important psychological level 442.04
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 - 433.35
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
5/10/24 - MEGA SHORT time sensitive - $jets $qqq $soxl $vixydo yourself a favor and look into this incoming CME from the sun.
youtu.be/9QCA3jouCKk - it's a short video WATCH IT NOW
6 or 7 earth bound flares that each have the capacity to f things up massively.
the reason this matters is it's a DOWN ONLY situation. the market doesn't know about this (clearly) so any non-event doesn't move the market "back up". many sources i look at suggest the deep negative event is 10%. could be higher for a disruptive event 20-30%.
EVEN IN a 10% disruption event, the market is looking very weak ON IT'S OWN and awaiting a pin. the flip flop from economic data is a DISTRACTION from something like this that trumps all...
jets - GROUNDED. FEAR. LEVERAGED. THEY GET DUMPED FIRST.
qqq - the richest valuations and the most affected by EMP style pain
soxl - the sector within the q's that is even more heady but doesn't have any 'pin' bc ai is strong narrative (i subscribe to this btw, but ST it's run hard)
vixy (go long not short like the above) - 0dte's have basically replaced the need to buy short term vol. HOWEVER the scenario where this gets disrupted is a CAN'T SEE THRU scenario - of which "this" is one of those
PLEASE post comments and let's discuss this. it's perhaps the most EV positive trade i've ever seen even if the scenario is a 10% one. i believe it's foolish not to participate in this and/or hedge responsibly. ignore this at your peril and flip the coins. but really - don't. let's help each other stay safe fam.
bullish continuation to ATH's or HNS REVERSAL?Rally after FOMC gives some life back to the bulls. Tuesday's failure to close outside of Mondays range (failed break out) is signaling a possible retracement to the Low of the week (LOW). if we get that pullback a nice gap down on Thursday could signal a bear trap, if we gap up on Friday. Personally, looking for that set up to start the advance to ATH's
On the flip side there is a potential for a head and shoulders type pattern that could signal a reversal and continue down. Let see what story price will tell! #Ifthis,Thenthis
QQQ Bear Flag (Potential Correct Start)Classic trend reversal retracement
-Bear flag directly into one of the last imbalances (on 30m timeframe)
- Breakdown to 393 area very possible in the next month or two
- ~10% drop from current levels, would put QQQ squarely in correction territory
- Upside is that 393 area looks to be a very strong (and fresh) support