I've had more than a few people message or comment on my charts asking for an update on this. Here you go. We could potentially see a double top by the end of this week. If we do get one by the end of the week, we'll most likely get rejected around 68 and then start our move down. I'm sure my usual subscribers know I take profits early on all my trades to make...
One of the most reliable patterns historically. I am betting on it playing out for about 10% downside in the Qs.
Election coming. Fib 50% looking a safe bet here. Expect SPY 349 and then bounce back up to 400+ by year end.
See the reversal Hammer. i wish to see green day on Monday and Tuesday then we can see good spike up in QQQ again
Top of keltner channel(overbought) Bearish divergence on 5 and 15min lower volume today Now above volume profile large block powell speaking tommorow high risk low reward to hold
What do you see when looking aty these charts? I see higher highs and higher lows. The NASDAQ:SQQQ broke a short-term trendline to the upside and then, the AMEX:SPXU followed. Now the next test is the last week's high, which it seems that it will break today. If it does, the next resistance is at the June highs. Thats +34% for SQQQ and +25% for SPXU, it...
This is the daily chart of SQQQ. SQQQ is the ETF that tracks the Nasdaq 100 ETF ( QQQ ) inversely. When tech stocks fall, SQQQ rises. Traders, therefore, use SQQQ to short tech stocks, or to hedge against a collapse in tech prices. There are several bearish signals appearing in the daily chart of SQQQ, which hint that we may soon see bullish movement for QQQ...
Hello, the bear market continues! I expect the collapse of the Nasdaq, accordingly, I offer you a long trading idea for ProShares UltraPro Short QQQ ETF ⚠️ Work on the trend, be careful and careful if you do not know or do not understand the specifics of working with this tool! - Everything is on the chart 👀, as always, I wish you good luck in making...
This is a 2-month chart of the Nasdaq US Composite Index (IXIC). At the bottom is the Stochastic RSI which oscillates up and down depending on how overbought or oversold the market is. There have only been a few times since its inception a half-century ago, that the Nasdaq Composite Index had a 2-month chart this overextended to the downside. The K value of the...
AAPL is pulling back today, and so setting up AAPD for a swing long. As can be seen on the 15 minute chart, AAPD had a pullback for consolidation and is now showing some green candles. The Williams alligator is showing divergence on the short time frame moving averages. The RSI indicator topped out pulled back and is now in uptrend showing bullish...
This post is a test of my thesis that I can accurately identify a banker's candle that tests market structure. The Thesis works like this: Bank trading firms need to test the market structure with specific actions on specific days that tell them what the market can tolerate and they base their plans accordingly. For instance if banker candles identify a market...
NASDAQ:QQQ appears to show the pullback is complete QQQ is now sitting above the long-term volume profile POC now with relative strength increasing from mid-range after a rounded bottom in mid-June Red Candle Covid Low than all green candles on uptrend until Dec 21 now a new green candle There may be good days ahead as a resurgent bull run gathers...
Perhaps China will invade soon... And we will see a monster move here...
Hello you have at your disposal the technical analysis of apple, you have at your disposal marked supports and resistances. We are currently in a medium term downtrend and today we are in a slight uptrend within the downtrend (medium term) fruit of this rise of 75 bps rise of the FED today. Best regards L.E.D. Today 07/27/2022
There are two pennants sharing a bottom line. A breakout has occurred. Targets are identified by bullseyes. As always, set a stoploss just in case.
As Nasdaq and $QQQ face increasing headwinds, SQQQ has broken out of a long-term ascending channel it entered in June 2021. Having formed a cup & handle and given the Fed's hawkish policies now has a price target of the March 2021 high around $84. Significant volume since the outset of the year continues trending upwards. Look for a retest of $64 for...
SQQQ is having bull readings from qqe and sss signals strategies. holding 52.62 and breaking 53.78 would open the road to high 54s if signal remains green in the bear nasdaq etf.