Pt 1 QQQ SPY & 7 MEGA Cap Tech & Natgas Gold AnalysisPt 1 QQQ SPY & 7 MEGA Cap Tech & Natgas Gold AnalysisLong20:00by ArcadiaTrading11
Linear Modeler IndicatorHey everyone, This is my thank you gift to all of you who follow, subscribe and comment. I really appreciate all of your engagement and comments and want to show my appreciation by releasing one of my pride and joy indicators. This is a video going over it. Still some bugs I need to work out but it will be released over the weekend. Safe trades everyone and let me know your thoughts below! Thank you again =-) 17:10by Steversteves323234
QQQ pulled back to support for LONGWithout regard to market noise, newsand other rumblings on the 1H chart with two sets of anchored VWAP bands overlaid QQQ hit the upper bands about about July 19th. On the retracement of about 35%, price is now in the range of the mean VWAP line of the short-duration anchored VWAP and the first upper line of the longer duration anchored VWAP. IT is also slightly above the interval volume profile's POC line. That is to say there is tripel support and confluence My analysis is the QQQ will rise in the upcoming week. I will take a long trade targeting 378 (40%) 386.5 ( 40%) and 392 (205) - I may take a position in SQQQ call options for insurance and risk mitigation on the trade. I see a resumption of the bull run for technology and this trade will test that vision.Longby AwesomeAvaniUpdated 5
QQQ - Where is the bounce? Trendline below...The trend is your friend, until it isn't... Last 3 weeks we've seen a decent correction in the market after months and months of nothing but a strong bull run. While this correction does make sense since the market doesn't shoot straight up, the question we are asking ourselves is where do we bounce and reverse? We've seen NASDAQ:AAPL and NASDAQ:NVDA along with a few other big names dump hard in recent days with bears in absolute control. Just below on NASDAQ:QQQ we see an established trendline support that could easily give bulls a reason to jump in and give the market it's next "higher high" in the current bull run. This would also most likely give NASDAQ:QQQ and many other tickers an ATH price. Overall, short term market is bearish, while in the longer term we still remain bullish. This trendline support is something worth keeping an eye on in the coming weeks. by Flinttrades335
QQQ pop and drop around $383. Target $362ishOk, I’m posting from the app (for the first time) just to get it done , but today expecting a rip up and reverse down. It may be a little choppy till later for any real momo down, so be patient. Dowsing really likes the 384 number fyi. Percent up says 1.8, which is only around $382.39. Time of day may be relevant and is 12:44 eastern. Basically though, QQQ should reverse and looking for a zone around $362-63. I do still have some work to do to see if it hits, and full disclosure, I have some negative energy in myself. I want to look long on Thursday at this point, and cover on Wednesday. GLTA! Note on AMD (I’ll post later). It’s real negative. Sell the pop, but don’t think it’s much.Shortby JenRzUpdated 668
$QQQ Upside tgt 378 then down to 360I did have today as a "spike up and reverse down" and that bullish energy creeping in. Very excited as QQQ hit the 371 level that I posted in my prior idea. That one got cluttery, so I'm making a new idea. The /ES hit exactly the 4505 level I got days ago (see that idea), so this felt like a good spot for a reset bounce. I have a repeating target lower at 362 here on QQQ, but now am getting 359-60 . I also was given a date of Aug. 14th . I have dates for a low around this same date from all the way back in March. I simply asked my intuition when to buy and see what date floats into my brain. This has worked before. My dowsing is giving me that date too now as it recommended I get a date on the QQQ. I also have the 10th for a date in the market. I noticed FibQueen has timing around the 11th for AMZN, and my timing coincides sometimes with hers, so... I literally ask what to tell you guys, and simply this: watch $378 and see what happens, then it told me "breakdown". Then I asked for the lower price target. I could be totally wrong, of course. This work is on fire lately though, if I do say so myself! Hope it'll last. Shortby JenRzUpdated 775
qqqqqq has gone from one channel to another, entering into an intersection. Further pressure next week until Nvda and Jackson HoleShortby FAC19861
𝗡𝗮𝘀𝗱𝗮𝗾 𝗨𝗽𝗱𝗮𝘁𝗲: $QQQ Daily. First real pullbackFirst real pullback in progress flagged by bearish divergence with RSI in July/August. Where does this end? Even the “crash callers” are looking for a bounce so maybe a little more to go before a B wave starts 🌊 $NQ_F TVC:NDQ NASDAQ:AAPL NASDAQ:MSFT NASDAQ:AMZN NASDAQ:META NASDAQ:GOOG NASDAQ:TSLA NASDAQ:NVDA NASDAQ:SOX $ES_F AMEX:SPY SP:SPX TVC:DXY NASDAQ:TLT TVC:TNX CBOE:VIX #Stocks 📉by KobesyTrades3
QQQ: POSSIBLY AT OR NEAR A BOTTOMCompared to AMEX:SPY on the same chart, it looks like QQQ is nearing its bottom! I've outlined 2 support structures with different scenarios given we also have a 3 day golden cross forming for the FIRST TIME SINCE JANUARY 7, 2010 !!!! Scenario #1: 363 was the bottom, a Bullish engulfing candle prints to reverse the trend This is the optimistic scenario suggesting we will bounce from here, the golden cross that is about to form here, suggests that the bull trend may resume upwards. However, uncertainty remains around timing. Scenario #2: Price falls to 357 - 346 before bouncing If market volatility continues, expect QQQ to fall down to this region to look for a level of support. Before resuming the trend up I expect one of these scenarios to play out within the next 1 to 2 weeks. Will be watching price action as time goes on.Longby Jonalius111
part 1 of QQQ/SPY Commodities & 7 Mega Tech Stockspart 1 of QQQ/SPY Commodities & 7 Mega Tech StocksShort18:21by ArcadiaTrading2
$QQQ 357.6 in playAs the dollar pushes up I think we see tech and the Q's with 357.6 in play this week.Shortby ajoenamedjoe2
QQQ - Is It Rally Time? Or Are You Too Early?I have an open call on the Nasdaq NQ CME Futures that theorizes that the markets may have topped in terms of the perpetual bull run, but that we may also get a rip back towards/at new highs. Nasdaq NQ - Is It Time To Sell The Rip? The process has been quite slow to play out so far, but the most dangerous thing for bulls with NQ is that 15,000 has not yet been broken. And yet we are rallying. Many people have been pining for new all time highs, and yet every equity has slowed down or been significantly bearish in the last two weeks. It's worth noting key macro points: 1. Fed rates are looking at tasting 6% by the end of the year 2. Jerome Powell says cuts aren't even considered until inflation becomes half of what it is 3. Dude said it will probably take years for this 4. Bond price goes down as yield goes up 5. Money leaves equities to seek yield in this environment 6. Divergences from the above are short signals, not buy for all time high signals And then there is the ever-accelerating collapse of the economy in Mainland China under the Communist Party. Things for the CCP, and for its leader Xi Jinping, are getting worse by the day. On top of economic problems the Party is facing are a litany of social problems, and the recent bout of exceptional and unprecedented flooding ravaging the country. The losses from the pandemic, from the economic calamity, and the natural disasters have weakened the Party significantly. A weak CCP can never invade Taiwan, and international spy agencies will all know this, and so whenever you're hearing "Taiwan War" you should immediately be suspect. What if the idea is to take control of Mainland China via Taiwan as the CCP falls, instead? What will happen to the international markets that day? Will they go up, or will they crash? So, here's a look at QQQ, the Nasdaq ETF that you can trade 0-Day options on. From the looks of today's price action it would seem as if the bottom was in. And it may very well be. This is a really key point. Friday may really well have been the bottom and we may be looking at a reversal. But there's some key points to consider for bulls. One is that in the Nasdaq call, I point out that NQ raided its January of 2022 failure pivot before the correction. QQQ has not done that yet, and this leads us to believe that $390 is a very likely target in the immediate future. Remember that upside should happen fast, since JP Morgan is bigly long SPX 4,200 puts that expire on September 29, and has been underwater since the quarter rolled over at the end of July. SPX/ES - An Analysis Of The 'JPM Collar' However, it's also very strange if we're going to see a bounce as massive as $390, that the end of July failure swing didn't result in at least one downside stop being taken out. Note that today, Monday, was a day with no news drivers, while there is retail sales and Empire Manufacturing Index Tuesday, FOMC minutes Wednesday, Unemployment Claims on Thursday, and no news driver on Friday, which is also monthly options expiry. The critical Jackson Hole Federal Reserve meeting is also August 23 and 24, next week. Last year, Jackson Hole is what started a major correction that lasted until October. So what to expect? Instead of a reversal in fortune being so easy, I would imagine we see a raid of QQQ $360/Nasdaq 14,900 this week before we bounce. After that, it will be long only until QQQ $385, is my trade thesis. But keep in mind $390 does not have to be taken. $385 is a potential area of reversal and $391 is an area that only has to print one contract before there's a correction. So, thanks for reading. The TL;DR is this Buy a raid under $360-355. Probably just under $360. Long only until $385. Get "Big Short" over $390 or on a reversal pattern between $385 and $388. Good luck.Longby LordWrymouthUpdated 117
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.by ArturoL114
$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.Shortby menskyl96Updated 5
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 Longby gleefulHunter878861
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 ).Longby gleefulHunter878860
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! Shortby shri303893
$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 Longby gleefulHunter878860
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. by IanLip2
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. Shortby awakensoul_3691
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. Short19:50by ArcadiaTrading3
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 followShortby fintechwire0