When viewed on the monthly timeline, you can see the similarities to the tech bubble. We've had a massive bull run over the past 10+ years. The market is due for a major correction and this is it. If the bears win over the next two weeks, you can be sure that we are going much, much lower. NDX 9000 or lower by Q2-Q3 to close out the correct. Buckle up and good...
I am just shocked how identical these cycles repeat. Market manipulation or human nature? It is what it is...prepare for liftoff
SQQQ price closing on 50.24 USD where on the breakout of resistance level 48.68 USD yesterday. Notice that having a huge buying volume to support the breakout (cup and handle pattern), this indicate it is a strong bullish signal where investor can consider to take "Long" position on SQQQ with current price (50.24 USD). To be conservative, can take 46.19 USD as...
Of course this is all about interest rates, and money printing inflation activity. But it looks like the market is preparing to price in higher interest rates announced mar 22 or so. If it breaks that channel I drew it has a possibility to run up for 20-30 days
Can it be any clearer? SQQQ is going UP Prediction- by Summer (May to June) Conservative: $55-60 Moderate: $60-70 Aggressive: $75 + Not financial advise- trade at your own risk
NDX is overbought and is ready to drop The momentum has turned sour Weekly and Monthly moving averages are providing strong resistance The pattern repeats for every drop and is repeated now Based on models from 2001 and 2018, we are primed for the 4th drop The 4th drop is the most significant and will easily take NDX below 10,000 I predict the final bottom will...
Yeah bix is actually broken as heck, not really being used properly anymore as the big guys have found other sources of buying/selling volatility. Vix is being used only intermittently now whenever other sources are not available. That being said, i think the Vix is braking out. I wouldn't touch it though due to the reasons i mentioned above. I've opted into...
Major confluence amongst major levels of resistance, DXY moving up, VIX reached a low point of support and starting to bounce. Only time will tell.
Were getting alot of conflicting information from the FED and the CPI report. Here are some main takeways: Although inflation is showing signs of peaking, shelter, food, and energy are still major driving factors contributing to inflation which will lead us to higher interest rates. I posted a play on the breakout from the symmetrical triangle up to the golden...
Pls see profile for more info We limit data as it's copy paste We're cautiously bull $DJI, bit more on $NDX But there's reasons: #ECONOMY = TRASH Tons of good lost jobs Unemployment low but most BAD jobs & multiple jobs #DJI RSI negative divergence (slight weakening) #NDX RSI looks good & many green candles $DIA $QQQ #QQQ #Stocks
Encouraging for $NDX Start top left, left > right, then bottom left Can u c cup forming? 30Min shows it best #NDX 4Hr Bullish crossover, strengthens daily Daily, struggling here, thick yellow line on last chart $DJI Inverse Head Shoulder still in play $QQQ $VXN $TQQQ $SQQQ
We're setting up for 2nd leg from yesterday's move Volume yesterday was good $NDX #NDX $QQQ $TQQQ $SQQQ $VXN
The bear flag we have been watching has broke, multiple indicators telling me we are headed to test the pre cough crash highs.
SQQQ - For those who don't have short play in your trading platform, you may actually consider this SQQQ to long. As long Nasdaq continue to fall, this chart will rise. Is a vice versa kind of chart. - If Nasdaq fail to rebound strongly today at support, individual may consider this to long. How to view the guidance via chart ( Refer back to pin message...
This is a daily chart of the relative performance between the Nasdaq 100 ETF (QQQ) and the S&P 500 ETF (SPY). Analyzing this trend in relative performance can help us determine the strength of technology stocks relative to the broader market. Today, for the first time since 2021, the QQQ/SPY daily candle closed above the Ichimoku Cloud. The Ichimoku Cloud is one...
www.tradingview.com [/urlOk so with the divergence on the 4 hr it is very possible wave 5 is complete, But we have a zigzag formation that has not been completed yet, C will mark the spot at 100% extension, if we were to reverse here these are some levels to watch. I know most people are bearish and so am i BUT the market has never tanked when people expected it...
So far my TA has been spot on, lets see if I can keep the hot streak, major imbalance in orders with the large gap, looking for a long to fill the gap then close PLEASE CHECK MY POST ON AUGUST 28TH www.tradingview.com This TA could easily turn bullish