🟢 Buy Above - 373 🟢 🔴 Sell Below - 372 🔴 🔥🔥 Levels Works Best on 5 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. Trade What You See & Not What You Assume 2. Follow The Trend Because Trend is Your Only Friend Our motto is to help each and every individual to reach and achieve their financial goals across the world by empowering individuals with the...
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...
Recent bearishness on the QQQ, think it is time to be bearish on the QQQ and bullish on the IWM. If you know how to do pairs trading there you go, if you don't this a good one to practice on. Also check out NDX/RUT for longer term data.
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.
Introduction: In recent news, renowned investor Michael Burry has made waves by executing a massive short of the SPY (S&P 500 ETF) and QQQ (Nasdaq 100 ETF). Burry's move has garnered significant attention, raising concerns about the future performance of these major USA stock market ETFs. This article aims to provide traders with a cautious analysis of the...
The NASDAQ:QQQ Chart is currently displaying signs of bearish harmonics, a pattern that may suggest a downward trend. Specific downside targets, along with the stop-loss (SL) value, have been detailed on the chart for your reference. Please proceed with caution and trade safe!
NASDAQ:QQQ looks to be putting in a top here. If it holds, I think we have a long way down to go. I think we'll surpass last years lows and end up somewhere around the $200 range (where the green supports are). Let's see how it plays out over the next 6 months to a year.
I have been a staunch bear since about March. Since the lows expected a nice bounce but that we would resume the downtrend at some point. Nothing has convinced me that this market would not do anything besides have another period of pullbacks, until I inverted the QQQ today. From this perspective, I cannot help but see the very real possibility of a double top...
Investors who want to take advantage of what happened today can short the QQQ at the September 15, expiration and hedge with short SQQQ at the July 21 expiration. Delta neutral positions would be the best. Check out the Equity Channel Podcast on Apple, Amazon and Spotify for more quality information on trading and investing.
QQQ is under pressure on this path. I will looking for a short under the support! These are the keylevels to watch for a scalp trade. But carefful beacause the trend still bullish for now.
Just some thoughts on NASDAQ:QQQ moving into the second half of the year. As you can see on the posted chart: -Gap in the daily chart around 360-361. -Approaching 0.786 retrace from March 2020 low. -Approaching underbelly of trendline from Feb 2020 high through multiple touch points. -RSI entering overbought territory on the weekly timeframe. Currently...
Tech has been on a tare, proceeded by a rip. QQQ has gone up further than I anticipated but the market is finally showing serious signs of exhaustion. The outrageous valuations and proclamations of a new bull market are sure fire signs of the' end of the road. It has touched the .618 fib level and depending on how you are looking at it, even surpassed it by a...
Taking a look into Apple, we have some indicators that we may see some selling here soon. It has formed a descending channel. Indicators: - MACD is in an average area of a bullish move before a sell off. - RSI slightly surpassed the last high of Aug 2022 but it is still not overbought yet, we simply have room to head down if it does. - MFI (Money Flow Index)...
I am adding onto my previous position. @ 32.50 USD. With no regulation or reform being put in place of the current financial markets, this is one of my go to's for assets to hedge against the next "black swan" event. It's ignorant to say that the markets can maintain this current rally. Our network sees the signs within almost every continents monetary systems,...
- Yesterday i talked about when QQQ consolidates on the Daily we want to see money rotate into the SPY sectors in XLF XLV XLE or any other sectors - What we got was SPYs sectors joined team bear when QQQ is daily consolidating so its the first convincing bear day for me - note its only one day and QQQ chart is still very healthy, just a daily consolidation but...
- SPY double bottom with Fridays low bouncing off key support - QQQ bears play defense on double top high of today - potential rising wedge resistance on QQQ - NVDA ER Wednesday AH
QQQ looks exhausted . The price has been traded in a rising wedge pattern . The breakout may happen any time. Be ready! Target is shown on the chart! Good luck
- QQQ Rising wedge pattern about to break soon - QQQ bulls still in full control on daily chart daily uptrend intact - QQQ needs to break May 9th pivot low for us to go from up trend to neutral trend - Does XLF XLE sector join team bull when QQQ pulls back or they all pull back together? - Size of the QQQ pull back will be most key for me next week if QQQ can...