Nice Opportunity in Clean Energy!There seems to be an Ending Diagonal completed or very near completion, and this should mean a decent return over the next several months.by moneyjeff11
QQQ Buyers In Panic! SELL! My dear friends, Please, find my technical outlook for QQQ below: The instrument tests an important psychological level 435.48 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 - 429.45 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK Shortby AnabelSignals116
QQQ Under Pressure! SELL! My dear subscribers, My technical analysis for QQQ is below: The price is coiling around a solid key level - 431.06 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 423.50 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK Shortby AnabelSignalsUpdated 559
SPY: Bears Will Push The recent price action on the SPY pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals223
QQQ pull back done or another leg down?QQQ had a bad week last week after trying since February to break long term resistance of the Blue trading channel. There was a lot of momentum but ultimately after being squeezed between resistance of the blue channel and support from black channel midline, it was time to take profit for the big guys. Clearly, inflation readings and uncertainty about interest rate cuts were the main factors. A hard sell off last week to establish a clear down channel with the biggest selling on Friday. Using the channel from August to November last year and with some minor tweaks, you can see that it ended Friday right on the support line. Another thing I was looking at were several of the most recent pullbacks over the last few years. You can see them overlayed on the peak of March 21st. Going by them, QQQ has already come close to extent of the smaller pullbacks. In my limited experience, these two indicators are usually a good sign for a rebound this week. The RSI is also in the oversold range and in line with other bottoms. The rebound could just be a short-term rally in the down channel like back in Aug and Sept last year with another leg down in the coming month or so. Or we could see a new attempt to break out of the blue channel. Either way, I was brave enough to open a few positions Friday before the close. Hopefully I don't regret that. Longby Dr_RobotoUpdated 4
A terrible covered call strategy bond etfDisaster when interest rates drop or new hotness, you decide!by wanderlustsrt0
QQQ coming into huge resistance🍿Price target near 424NASDAQ:QQQ coming into huge resistance🍿 Price target near 424 Would you be shorting into resistance? Will it get reject at resistance or breakout?Shortby JK_Market_Recap1
clear oversold market structure bitcointhe network has provided a ver liquid structure to the downside. now that is contracting, i believe we will revisit the sell heavy area as a contraction of the bear move according to this market structure POC VAL.Longby cerealmarketUpdated 0
weekly distribution gainthe daily market may top out again, but for now as long as we are above VAH consolidation levels the reversal trend may remain intact. the ability of this market to recover fully is still very much in question, but for now the daily levels in major equities are reading a technical squeeze. the daily trend could still retrace to VAH, and very well may sell off POC or 4hr value gap areas according to market structure.Longby cerealmarketUpdated 0
S&P bulls attempt to regain control but they are not there yetLast week, using oversold bounce, buyers attempted to regain control over the price. Their effort was somewhat successful, as they managed to establish both a higher low and a higher high on the daily chart. However, they failed to set a weekly low, which was a challenging task given the magnitude of the previous week's range. This indicates that bears still maintain control over the weekly (and monthly) timeframes, suggesting that we should expect to see more selling pressure in the short term. The immediate objective for bulls is to test the price above last week's high ( 509.9 ) and to close the month within March's range. They must also protect the last higher low ( 497.5 ) or the last weekly low ( 495.5 ), or else their progress will be undone. The short term outlook is mildly bearish. Watch out for volatility on Wednesday as important economic data is released and FED announces decision over interest rate Disclaimer I don't give trading or investing advice, just sharing my thoughts. Shortby hermes_trismeUpdated 2
risk profileyou can see risk profile change on bearish rotations of yields and the dollar with bottoming of bonds and market reacted as so today!by wetzelnoah31224
Multiple bear flags present target 7.70 necklineAMEX:DUST Gold 3x bear etf has multiple bear flags present on this chart, there's a smaller bear flag/rounding top inside the larger bear flag. In fact, there's an apex of the triangle present as well. 1hr/2hr are overbought. In addition, AMEX:DUST has failed to take out the premarket high from Yesterday, and it's failed to also recapture or retest today's intraday high. I'm short from $8.41, if gold can retest 2305-2308 that would signal a breakout and retest of NFP high of 2320.. I'm monitoring the last 15min of the close very carefully. AMEX:DUST , premarket low was 7.96, and it open at the 8.03 area. 7.70 dust price puts spot gold above 2350-2360 range...Shortby moneyflow_trader222
USO: Heading down to 200MAUSO (crude oil ETF) is trending down toward its 200-day moving average, coinciding with a previous pivot up within this range and slightly below it. This commodity tends to make dramatic moves so wouldn't be surprised if it made a sudden drop along the way and then bounced, but the channel range may serve as the upper bound. Until it can break free of this sideways or downward price action is more likely.Shortby cch31111
Level to watchWe are in the middle of a bulls rally. But still in bearish territory. The 510 level is going to be very intense to watch. If the bulls manage to break up and consolidates above 510 bears are dead. I'm not shorting anything yet. I'm just sitting and looking at my long positions. by ArturoLUpdated 114
VNQ H&S ?Keeping an eye on US Housing as a H&S might be under development. unconfirmed for nowby darkmode0
Opening (IRA): IWM Sept/Oct 160/150 Short PutsComments: Going ahead and rounding out Q3 rungs here with IVR at 82.7. September 20th 160: filled for a 1.99 credit October 18th 150: filled for a 1.61 credit Will look to manage shorter duration rungs as I come to them ... .Longby NaughtyPinesUpdated 2
QQQ Scalping Zones Paying Off on a Friday!! 5/3NASDAQ:QQQ : Put Support, 420 HVL & HVL 0DTE, 426, Call Resistance, 438by QuantumEdgeAnalytics0
IWM target 181 ?????We now have the right shoulder of a large head n shoulder top in IWM we could now see the next move under 191 best of trades WAVETIMER stagflation anyone !!!!by wavetimer1
$XBI Breaks Out of DowntrendAMEX:XBI I put this trade on yesterday morning as it broke above the short term downtrend line. However, I closed it near the end of day as the whole market was giving up its gains. (I did make a small profit). I am now back in it again as it regains the 20 EMA (green). My stop is just below today’s low which also corresponds with the 20 EMA. It looks like there “could” be resistance in the area it is trading today. I think if it can get over yesterday’s high, we could see it test the 50 DMA in red above. That is about $4 above where it is trading currently. All to be determined. I did have a trade idea on this back on March 17th. Link to that idea below. The chart I am using is the All-In-One LevelUp tool available here on TV. Check it out. Ideas, not investing / trading advice. Comments always welcome. Thanks for looking. Longby jaxdogUpdated 0
Possible Wave E has ended this is the ALTThe chart posted is Low odds BUT must be looked at as the wave structure and the cycle s turn may 8th is nearing .I Am net long spy msft gld dia I have changed my positions and added this morning near the low in GLD I am also looking to buy BITCOIN I have target 56200 to 55900 but we may not get to it . by wavetimerUpdated 113
Opening (IRA): TLT July 19th 86 Short Put... for a .98 credit. Comments: Adding to my TLT position on weakness here, targeting the strike paying around 1% of the strike price in credit. I already have rungs on in April/May/June, so am adding a smidge out in July. With QQQ and SPY knocking on ATH's, holding off on my usual broad market plays to await weakness and/or higher IV.Longby NaughtyPinesUpdated 1
Opening (IRA): QQQ September 20th 430 Short Put... for a 4.34 credit. Comments: Adding a rung out in Sept at the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging Into the Q's. I already have rungs on in June, July, and August ... . Will naturally back-track into shorter duration if I can get in at strikes better than what I currently have on.Longby NaughtyPinesUpdated 1
Opening (IRA): QQQ August 16th 370 Short Put... for a 4.30 credit. Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the Q's. Adding at a strike better than what I currently have on in August ... .Longby NaughtyPinesUpdated 3