Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Over the past few weeks, there were quite a lot of things happening - “the market bottom,” “crypto bottom,” “trend reversal,” and so on and on. Again, people rush to make hastily conclusions as the market turns from extremely bearish to fearful of missing out on the real primary trend reversal. Before the CPI, we came forward when QQQ stopped its decline 0.11$...
NASDAQ Weekly Volatility Forecast 31/10 - 04/11 2022 Currently the volatility for this week is around 4.9% , up from expected 3.8% last week. According to ATR calculation, currently the volatility is located around 80th percentile. Under this circumstances the expected movement of the candle is : BEAR : 3.5% from the opening point of the weekly candle BULL :...
Technical analysis of QQQ. Using daily bar chart i am explaining how i plan to trade QQQ. I cover various stocks which can be profitable based on the stock charts and technical indicators. I try my best to explain as detailed as possible but your feedback is also appreciated
QQQ - Keep an eye! What interesting momentum we have had this week so far, plenty of great opportunities take a look at QQQ...It's brewing nicely.
Nasdaq Weekly Forecast 10-14 October 2022 We can see that currently the volatility is around 5.08% for this week, falling from the 5.14% from the last week. Currently there is around 23.6% that the asset is going to close either above or below the channel: TOP 11636 BOT 10500 The current volatility percentile is around 90th, placing us in very risky environment....
** $QQQ on 1Hr Continued Analysis for 10/10/22 ** “Catching a falling knife” in investing is an expression for when a trader buys a stock after a BIG drop in its share price, hoping the price will rebound, but the stock price continues to fall. That leaves the traders incurring losses. **In my opinion, QQQ will continue to fall more in the morning and then try...
If you haven`t bought Puts when Jerome Powell was saying that "U.S. businesses will have to endure some pain": Then you should know that the QQQ etf i ready for a technical rebound. A Technical Rebound refers to a recovery from a prior period of losses when technical signals indicate that the move was oversold. In this case, the Relative Strength Index momentum...
It's my updated prediction for QQQ monthly chart. Now, we're in the first wave at monthly chart and next, we're gonna go to the second wave.
Did we break out of the wedge? It met the price target almost exactly last time we saw this formation break.. Will it do it again? If this wedge pattern plays out we could see a 20% bounce before continuing our trend lower..
QQQ - A potential reverse pattern to the downside combined with Elliot wave patterns. Price could fall to around 240-228 if it collapsed below 276. Current support is at 294. Bulls will attempt to defend this area to drive back to 312. Failure to hold at 294 will push the price down to 283 and 296 trading zone
Hello all, #QQQ local uptrend has finally reversed to the downside after gapping down over the weekend and is currently testing a support level. Should be an interesting week ahead. Share your thoughts with us on what you think will happen next and why?
Nasdaq100 index closes up 2.1% last week for the fourth positive week in the longest streak since November. The index closed on the daily timeframe on Friday above the200EMA (13,412) for the first time since early April, and above the 50EMA (13,486) on the weekly timeframe for the first time since late March. The index may extend its rally into next week testing...
strong bullish signal on Invesco QQQ Trust Series 1.
Recession or not, QQQ had a great recovery candle last month. broadening wedge ?
I just went over again looking at futures. NQ RSI is screaming way overbought the market is. I spent hours looking at the charts where I went wrong. Even PCE results came last Friday with 0.6%, beating expectations. Not long right now need to cool off here, then observe again if this was the bottom or just a relief bounce. Earning was the reason the market was...