TheTradersRoom is very long #CQQQ from much lower levels and looking to hold this one till at least we see 2-3x gains on it. We have entered it first days of Feb and very happy with the result. China is recovering and Im expecting a perfect inversion alignment to QQQ here into the end of the next year. It was a clear breakout from the downtrend channel last...
I can now count the move up from 4954 two ways a simple abc rally into .618 or the chart posted 5 wave up for a wave A I lead towards the ABC both had the math into the same targets . I have moved out of the longs 75 % to zero and moved into 35 to 40 % long PUTS best of trades WAVETIMER trade # 23 for 23
Welcome to SPY weekly. I have clearly discussed the levels where we can trade and what is my expectation. If you have any doubts feel free to DM me . NOTE:DO NOT SHORT THE MARKET
This is the continuation of SPY weekly. Hope you will have a better understanding of market after this analysis. NOTE: DO NOT SHORT THE MARKET
Let's dive into the exciting world of QQQ and explore its weekly chart. Get ready for valuable insights and potential trading opportunities. 🚀📈 🔄 Cycle Analysis: With a cycle period of 20 weeks, QQQ has just embarked on a new cycle. This fresh cycle opens up intriguing possibilities and potential shifts in market dynamics. Let's unravel the future of QQQ! 🔄📆 📈...
This idea made from breakout since it reaccumulate, My analysis would be 125% of its reaccumulated zone to its expansions, Were waiting for distributions to form, The highs of this might 444-450$ . This is only my, Follow for more! This is not a financial advice, Stocks traders were waiting! Goodluck. Happy New Year
This is my analysis for SPY. I have clearly explained the strong levels. If you have any doubts feel free to txt me. NOTE:I WILL BE AVOIDING TRADING SPŶ
Trading Pattern QQQ has formed an ascending channel which may prove to be very lucrative for derivative trading. Utilizing Elliott Impulse and Correction Waves within the support and resistance lines, Wave 4 may dip as low as $392 which is a few dollars shy of a 61.8% Fibonacci retracement level. Technical Indicators A bearish RSI divergence has been...
On Friday QQQ set daily lower high, marking potential trend reversal. Now bears must lead price all the way down (below 425.3) to start weekly consolidation. If this doesn't happen fast and bulls manage to set daily higher low then uptrend continuation is still an option. Also notable that bulls were able to close price gap from Tuesday, and bull wave retracement...
I expect Nas to reach 17k in the next few weeks. Nas has been pushing up relentlessly last few weeks so expecting ATLEAST a nice pullback. Once we hit 17k tho we could see all time highs again!
Sharing my usual QQQ chart with weekly and daily levels (they get updated every Monday for Weekly and every day for Daily) #QQQ is in an ending diagonal, bull flagging, so early next week price action is important. Should break above or fail on a grand scale! Below 420.50 will trigger a strong selloff down to 412!
It's very tough to forecast price + time and get the exact timing and price targets correct. However, I'm going to attempt to do so. Over the next year, I expect NASDAQ:QQQ to fall somewhere between 35-50%. If the move that I'm expecting plays out, we'll be right around a 50% drawdown from the current levels. The chart attempts to forecast time and price...
waves 1 is equal to wave 5 from OCT 2022 low and have Now seen a clean 5 wave within 5 waves up from oct 2022 Wave B top from 2021 peak has ended the alt is 5 waves up of a super cycle last 5 in an extension But the market would have to drop to a .236 high to low oct 2022 to the high into the cycle and must last now more tha3.8 weeks otherwise BYE BYE...
NEXT WEEK TURN I stated that if the sp 500 fails to break above 4569 by nov 27th I would move to a 90 % short . I moved to 90 % long puts in spy qqq the qqq target was 393.1 high 393.07 I am 90 % short I have now placed a stop just below the highs by only 10 ticks monday I will be out all day best of trades WAVETIMER 5 day p/c and VIX gave a SELL
Hello Traders, My name is Philip and I am just an average stock and indices trader with over 4 years of trading experience💻 ------------------------------------------------------------------- ➡️In today's video, I will analyse the Nasdaq for you🫡 ------------------------------------------------------------------- ➡️Let me know your opinion about today's...
Hello, fellow traders and investors! There has recently been a leg up in our bearish channel creating what we anticipate to be a lower high. There is plenty of uncertainty in the economy at the moment whether it be the wars in Russia/Ukraine or Israel/Palestine, upcoming interest rate decisions, the fed's approach to their balance sheet and applying quantitative...
This is my live analysis for Friday. Make sure to wait for the right opportunity. I have discussed price and value here so make sure that you do understand actual value of price.
QQQ and the market have had a really good rally this morning, but right into some supply levels. IMO, this is a good spot to short for a gap fill.