See SPY above with same levels. Touch support and go the rest of the week.
For it to go higher we have to melt up and go straight up SHIBU style. Can FED do it?
Scary looking chart isnt? But what if it turns? - You;'d enjoy 3 x the benefits Every bear is dead. After today. I might join the club or might be the next Michael Burry.
The entire market including the S&P500 and $QQQ bounced off of previous resistance levels and are now on their way down...check out the chart of the Q's.
if it breaks below the channel, then Short. Until then I don't see trend is broken yet. I am LEANING towards short side, but not yet, given the earnings season and strong July month historically. I have small size QQQ put diagonal which optimizes all directions of the market except strong bullish move. Learn, Plan, Size and Manage. This publish is not an...
QQQ is setting for a drop. I am expecting correction to 61,8% of fibonacci which is 4% drop before going higher and make a new high.
NDX. on a breakout - Using the. 8 dte options for the first time - Expensive but the move!
QQQ is in channel... Learn. Plan. Size. Manage. This publish is not an investment advice. You are solely responsible for your money and your actions.
Helloo traders, here is my analysis for the triple Q chart and I believe it will continue growing steadily in the long run but it’s volatility will keep being higher than previous years as it was this year. I believe if the stock market doesn’t crash in the upcoming early 2022 crisis stocks will survive:)
Looking probable but that doesn't matter. We'll have to see what the next few days say...
The SP500 and the Dow should fare even worse but ultimately, that's likely to be a little difference without distinction. The SP500 s3.tradingview.com
If QQQ has a 50% decline and goes to 8500 by end of the year(see chart), then TQQQ will have 150% decline and wipe-out entire positions. I think we all knew this was coming, just hope the newbies understand that TQQQ can go to 0 when you are dealing with 3 times leveraged funds. They had a great ride but the train is coming to a stop!!! Take cover!!! Feel free to...
Many things pointing to lower QQQ. The probability of QQQ going to 12,400 is much greater than QQQ breaking resistance. This is looking to me that it will selloff in the next two trading days. What are your thoughts? Please understand that this is for my own personal trading style. Please do your own due diligence and trade safe!!
Hey everyone. Few thoughts on the previous moves on QQQ this past week. Looks like from our previous swing low to 297 in early March we have completed another swing high to 324 now in a corrective pattern moving down. Regarding fib levels, we had a meaningful bounce off of the 618 fib coming above the 38 fib. Previously we've seen this shoot up past the 23 fib...
Possible inverted cup and handle formation.