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...
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...
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...
Will the 2021 peak happen again ? consolidation occurs like in 2021, will history repeat itself?
Tower Top Breakdown in the works. Seems like whatever or whenever it happens, it will be close to next Friday. Remain Bearish unless new highs are established. Seemingly easy Trade here. MACD in same positioning as well as RSI. Seems like WMT doesn't get much volume in general. Not necessarily a bad thing. Options could pay well here.
NASDAQ:FSLR I have been watching FSLR since Feb 27th earnings. It has been whipping around in a range but in doing so it has managed to keep putting in Higher Lows. The pure definition of an uptrend. They reported earnings again on May 1st and beat expectations. Their guidance was simply in line with future estimates. However, they have gotten several upgrades to...
AMEX: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...
... 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.
... 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 ... .
... for a 3.90 credit. Comments: Starting to tip-toe into Q3 (July/August/September) contracts in broad market (IWM, SPY, QQQ). Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. As usual, will look to sell in shorter duration on weakness, assuming I can get in at strikes...
... for a 4.09 credit. Comments: Finally, a bit of weakness ... . Targeting the shortest duration <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging in without actually being in stock.
I know #sq has #earnings today and as you know I don't trade news so I will be waiting for my levels. It can come there tomorrow or next week or next month. I will be waiting. you can't mess up my psychology. I am ready to miss you #sq #4chaartist
Nasdaq Market Analysis Report Overview The Nasdaq Composite Index has displayed a bearish breakout from a prominent top pattern on the daily chart. This pattern followed a strong bullish trend, indicating a potential shift into a trading range rather than a fully-fledged bear trend. I'll analyze where the market could find a bottom, explore potential trading...
GENERAL COMMENTS Today, the Federal Reserve maintained its interest rates unchanged, highlighting the ongoing challenges in curbing inflation. Initially, this announcement propelled the markets upwards, but a sharp downturn occurred in the final hour, leading to a decline as the day concluded. The erratic market behavior demonstrated today makes it increasingly...
The moment alot of the bears have been waiting for. I think we will finally get a healthy pull back in the indexes. Watch the video for all the reasons why you should be in bear mode for a little while.
The chart posted is what I see forming within the correction phase . as you can see the Dia and Iwm are showing some real sights of weakest the game of musical chairs one by one drop off So far best of trades Wavetimer
My dear followers, This is my opinion on the QQQ next move: The asset is approaching an important pivot point 414.64 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 423.93 About Used Indicators: For more efficient signals,...
Upside Targets: * 432.61/433.11/436.01 Downside Targets: * 432.11/430.81/429.58 Daily Trend Tracker - *QQQ - Bullish *DXY - Bullish - *VIX - Bearish - *US10Y - Bearish