Consumer confidence is stronger than our expectation. Chart looks strong and ready to hit another target Target to 325 Let's get it on
Looks like NQ Futures is set to test 13,600 level. Close below the box would indicate possibly more downside.
Elliot price action is much further extended than I anticipated. Moving through wedge in a more dramatic manner & reducing the number of steps by one. New PTs roughly established. Sideways then up. Weak bottoms for dayz.
My trade plan for QQQ: If current projection holds, QQQ could see min. $350.27. If we break below $307.37, the projection will be invalidated. Give me a follow and I will post more charts. Good luck and trade safe.
Today will tell a lot but Europe has started to push TQQQ above resistance diamond.
QQQ INVERSE HEAD AND SHOULDERS. POSSIBLY IT CAN HIT ATH AT NEARLY 354$. (WAITING FOR LEVEL OVER 324.50-325.00$)
We bounced off the .38% perfectly for the completion of a mini 4 which coincided with a retest of one of the channel trend lines. Looks like next stop is 4004-4034 for a small wave 3. It'll look like a rejection off of those numbers when we reverse down for another wave 4 which could retest the same channel trend line we bounced from today. After that we'll start...
Get ready, QQQ about to take off vs the others. Here is the QQQ vs IWM chart.
Good morning ladies and gentlemen, here is my trade plan for QQQ. If current projection holds, QQQ could see min. $353. If we break below $297.31, the projection will be invalidated. Give me a follow and I will post more charts. Good luck and trade safe.
QQQ 5 waves down - the fib extensions measure out cleanly. Because it appears there have been 5 waves down this implies it is the A wave of an ABC correction. Now will watch for the B wave up dead cat bounce, before the c wave finishes it and could bring it lower. There is another more bearish possible count here but wont post that just yet. If this ABC is the...
You can see from the Daily chart going back to last Feb 2020 that all the Highs and Lows have been supported exactly when they touched RSI channel. To me this is buy-time but please do your own research. This is for my own personal trading. Covered my shorts yesteray and switched to long until the chart tells me otherwise. Comments welcome.
Those who have followed my last posts on shorting hopefully have made some $$. We have had 4 great swing days down. Tomorrow let's swing our partner back up after that 4-day dip. We should bounce tomorrow and start climbing to achieve our next high around 121 to complete wave 5. Divergence on price and rsi with charts lining up perfectly to support our next high....
QQQ is currently hovering around it's all time high established on Dec 08, 2020. There are several factors at play (in no particular order): 1. Congress is negotiating a potential increase to the previously approved stimulus plan, to provide $2000 weekly checks instead of the agreed upon $600. The GOP controlled Senate is pushing back against the Dem led House...
I have to or more spirals in time pointing to a I.T . low today march 23 low is 219 days f 10 7.2 month cycle and the sept low an f 2 see SPIRAL CALENDAR BY CHRIS CAROLAN this is the timing tools I used to forecast the biggest turns it gave me the march panic 3/18 to 3/21 I am now 95 % net long look for a new record high over the next week or so
Looking at this chart on the advice of my fellow TradingView member skktrader. Very simple look at the price action since July. I've started using Heiken Ashi charts more and more as they average out price action and just show you, roughly speaking, whether the market was in control of the bulls or bears for a specific period. Very good for looking at the...
I started looking back for areas in time where the volume profile specifically looked very similar. We've kind of got an interesting volume profile going on right now with recently almost all buying volume and a very clean diminishing buying profile followed by a sudden approximately double selling volume from the next most recent candle. I pulled those...