JenRz

QQQ pop and drop around $383. Target $362ish

Short
JenRz Updated   
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Ok, 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.
Comment:
I see the lod is at 374. I've had this before where I get the single digit right in some way, but will be 10 pts off. It's totally unacceptable, but I also can't expect perfection. SO, basically, that higher level I believe is null. I still have a break coming and believe tomorrow will be a big day down.
I did see a scorpion on TV this weekend, which is sometimes a clue from the universe as it's my symbol for down in indexes. Doesn't always work, but it's a fun game.
I asked some more about downside targets and got $357. That's a bit further than the 362-63, but not too far. I want to be out of the short side I think at the end of the day Thursday depending on what's going on. I keep getting something about 4 days from now, so that puts us into Friday.
I've never really done this before, but I let my dowsing pick a winning put strike and contract. It gave the July 31 or Aug 1 366. It's only a dollar, so maybe the math is like $1k/contract if we hit 357? Idk, but will take a shot. Peace.
Comment:
Ok, so this is still giving me up into the 382 area, so maybe that 384 was legit? It suggests a short entry though. Fed tomorrow, so anything's possible.
Comment:
Fed day. I am getting a spike up and reverse down scenario this morning.
I tried for times we're at the base of the spike, 10:12 and the high, 12:15. We'll see what happens there, but I believe this is an excellent short opportunity even if just a daytrade.
Comment:
Hit 4580.50 on ES. I was given 78. Fairly close. I had this would be a look below and fail. That spike guidance was crap. Usually those are solid. I do get that we'll continue up a while and close the gap.
Comment:
WHOA MY GOD!!! It took some time, but I just looked at my QQQ chart and there's my drawing, "SELL? $384" And check it out! I'm so excited because I thought I was just so wrong and feeling dismayed. It actually had given me what I'm asking for, which are the swings for highs and lows. Thank you Universe! Sometimes this stuff works.
Comment:
Be aware of a potential bounce on QQQ at $371. It is coming up again and I'll post a new idea for the next resistance level to short.
Comment:
Painfully slow and choppy. Today I am getting the $374 level and to watch for another rally. But it'll be a Bull TRAP! Those can be quite robust and good for quick trades up. Just don't overstay.
I'm doing some projections for the week and I think Friday might be baaadddd. Possibly earnings issues, idk. I'm still brand new at these outlooks for the week, so it'll be fun to watch.
Comment:
Finally. We got to $373 and I now have very bullish energy. I still think we could go further, but you know this market doesn't like to make shorting easy! Watch out for a pop. I think earnings tomorrow night may not help things for the bulls, but I don't want to sit through a squeeze either. Take the money!
Trade closed: target reached:
Ok, that's the low for now. Hit $371 and my dowsing just told me to look for the lod at 2.5 pts down = 371.89 and the low is 371.77!!
This is so cool. I seriously didn't know the price of the close and even exactly where these Q&As would lead, but the intention is for SIMPLE, CLEAR & EASY. Working on the resistance to sell as I get "spike up and back down" for today and those can be quick moves up. Let's make money both directions!
Comment:
I guess I didn't look at the entire idea, duh. I had a couple going, but this hit the main target, yay.

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