I took a short at $372 using credit-calls. The thesis is that NASDAQ:QQQ has made lower highs creating high-resistance liquidity and has shown a propensity to cheese-knife down below prior swing-lows. This is a bearish run. There is a swing-low at $348 that is a possible bounce area; but I think that NASDAQ:QQQ intends to challenge the $372 zone...
looks good for a drop and continuation of the weakness 1200 points to go ... bears are in control for now. #LQQS 3X short is a vehicle that i own as a hedge to my long exposure on crypto
NQ should find support at 14450 which should provide a relief bounce to 15190.
NYSE:MMM CME_MINI:NQ1! OANDA:NAS100USD PEPPERSTONE:NAS100 I noticed the relationship between the #MMM movement in the past and the Nasdaq movement now. If based on the #MMM chart, then the goal for us is about 9000 points.
My proprietary SPY Cycle Patterns are an advanced predictive modeling system based on Fibonacci, Gann, and price cycles. The most incredible thing about these patterns is they predict future price action/trends many days, weeks, and months in advance - very accurately. The accuracy ratio of the SPY Cycle Patterns is usually about 85 to 90%. There are times when...
I believe price action will play out the way the blue bars are illustrated in the yellow circle. Will be looking for a short entry within the pink box range. A lot of people are calling for a counter-trend rally on the $NQ after this massive move down. But I don't think much more than a 1-4 candle correction will result. And as noted by my projection, I believe it...
What a drag yesterday. The red Fork gives us very good context. We see how price reacted two times at the Center-Line. Then came the "Flush" throu the CL with no pull-back. No Mercy! This move brought us down to the Lower-Medianline-Parallel. From here price starts to bounce. It's also a level where NQ had support (see left side). So far, divergence with the...
Wow, what a nice day today. I shorted the NQ all day intraday. Now on the bigger picture, it's decision time BabyNQ ;-) Either the Bulls can pick it up, or it will flush below the red Center-Line. I could imagine that the NQ will bunce from here, as it's the right time in the day and the Confluence with the CL. Let's see...
09/25 Weekly Plan. NQ Futures December ESZ2023. Weekly Pivot is 14,988 Targets 15,151 9/20 gap top 15,361 last week's vpoc 15,514 prior 5D balance half back Targets 14,816 250% extension of 5D balance break down 14,628 300% extension of 5D balance break down 15,526 6/8 gap bottom Now trading at 14,880 NQZ Alerts You will receive alerts in this...
Looking to play tech for a bounce here. Demand Zone is sourced from 60-minute chart within the context of longer-term timeframes. As overarching market structure is somewhat of a concern, look to harvest short-term profits quickly and leave runners for intermediate-term swing long if able. Safety first!
SPX 4450 is still the key line in the sand for bulls to defend and bears to overtake. Even if Bears win, there's strong support at 4425-4400. Belo 4400 is where the fun begins down to 4350-4300. If Bulls hold 4450 we could attempt a gap fill above back to 4500
Am I bullish or bearish while looking at this daily chart? The answer is neither. A lot had happened this past week: contract rollover, CPI, PPI, quadruple witching. It seems like trading was a mess and chaotic. Many gurus preached on FinTwit to stay away from the market and preserve the capital. I do see a value in those warnings. Especially, for those who are...
we will wait for the market come to the order block after colecting all money and thene boom we take long entry
1-strong supply key level. 2-selle's volume and pressure. 3-psycho resistance Area. 4-Risk/Reward ratio 2.37 (Target 4170$). 5-LOT SIZE; 2
Hello fellow trader. in my analyze for this week 09/03/2023 i project a down close candle for NQU2023 if u open your weekly chart u will see the NQ reached an weekly Bearish OB and respected it, then if you move to the daily chart u will see a BISI/fvg bellow and a daily bullish OB i think the market will target that level for the upcoming days or weeks if we...
To start off - no changes since the last post. A short week did not do much. However, this week is a start of the rollover to December contract. The adjustment is big and that put the price above the critical level 400. It feels like cheating to fool the machines to push higher. Let's see if the bluff is called :) The levels to watch remain the same - I'm...
SPX 4450 is the key line in the sand now. A head and shoulders is forming on the 2hr and based on option flow could complete early to mid week. Bear: Below 4450 with a target of 4400 and below that 4350-4300. Bull: Above 4450 with a target of 4500 and then 4530-4560. We also have CPI and PPI this week. To add it is also OpEx - wonderful. Could potentially...
The last ten days of price action produced a retrace of significant magnitude that was very kind to institutional friends who were net long from early June. That is to say, what has transpired since all three indexes took their January of 22 failure pivot levels in early July has been more consistent with an optimal short entry combining with a bull trap,...