TQQQ Trade example SQQQ SPXS SPXL SOXL SOXS YINN YANG
- SPY back tested prior resistance and so far held it triple bottom today on 5m time frame around 417 range - Key question is which way do we break on Monday if we break bear we can potentially go back into our 1.5 month long chop zone. - Can SPY hold this support zone if QQQ consolidates/slight pullback next week? - first day we see SMH a slow down a bit...
- both AMEX:SPY and QQQ confirmed Daily downtrend. - NASDAQ:QQQ finally broke out of its 3 weeks range bearish but the AH bounce - NASDAQ:MSFT good earnings bringing all tech stocks up - NASDAQ:GOOGL decent pop but faded most of its gains - NASDAQ:AMZN moving due to MSFT decent cloud report
- NASDAQ:QQQ falling wedge pattern is about to break likely break tomorrow. - QQQ & AMEX:SPY still trading in the same tight range for 3 weeks likely breaking this week with all the big tech earnings - NASDAQ:MSFT NASDAQ:GOOGL Earnings report tomorrow AH
- NASDAQ:QQQ & AMEX:SPY both are still in healthy daily uptrend no sign of red flags. - QQQ Daily EMA 12 is a good support guide - Still holding my SOXX short (in SOXS) due to relative weakness compare to QQQ - Earnings coming up for NASDAQ:TSLA and NASDAQ:NFLX BCBA:TSMC
- CPI came in 5%, personally i think it was pretty much priced in due to us knowing well ahead of data release at 5.1% - PPI data tomorrow 530am EST - bank earnings pre-market Friday. - NASDAQ:QQQ & AMEX:SPY bear break, need SP:SPX to join SKILLING:NASDAQ tomorrow. - still holding my AMEX:SOXS , shorting the NASDAQ:SMH /SOXX sector
- Fed minutes Wed 2pm EST - CPI Wed 530 EST - PPI Thursday 530 EST - added initial positions for AMEX:SOXS looking to add more if we get flat or lower CPI data then 5.1%. shorting the NASDAQ:SMH / NASDAQ:SOXX sector. - we have been tightening up in an equilibrium since last Wednesday will very likely break tomorrow. - NASDAQ:QQQ / AMEX:SPY will be...
- Fed minutes Wed 2pm EST - CPI Wed 530 EST - PPI Thursday 530 EST - i would be expecting us to chop into range into CPI and minutes - QQQ / SPY will be using stair stepping candles as a guide to how to trade when data is release.
ARKK and TQQQ are showing us clear buy signals with a lot of room upwards in my optimistic opinion. This is only my opinion , do your own analysis and research before investing
- QQQ and SPY has a very strong bull move last 4 days with zero signs of bears but they move is quite extended and im looking for a daily consolidation to shape up - If the consolidation is healthy the bull move will likely continue so i will be watching how the consolidation shapes up. - SPY is approaching some key resistance around 410 area also potentially...
- SPY and QQQ have been very choppy due to sectors rotating around may potentially continue unless we start seeing XLF forming daily uptrends and joining team bull. - Or we see XLF / KRE go sideways and QQQ and SOXX/ SMH join team Bear. As of now there are zero red flags for QQQ and SMH daily time frame so i am slightly more bullish in my intra-day scalp...
- $SPY $QQQ bear had all its chances to bring QQQ down after a bear break this morning out of the tightening range we had in the last 4 days but bears couldn't follow through. - Want to see QQQ Bulls gain back its hourly uptrend and break above 308 area of resistance. - want to see XLF / KRE bounce for SPY & SPX to break out of its equilibrium bull. of course...
- $QQQ about to break its tightening range, this will be very important for TSLA, - currently TSLA does not have enough relative strength to hold up if QQQ breaks bear. so it will likely break bear with it. - Bullish pattern: Daily Inverse H&S Weekly Cup & Handle - XLF / KRE gapped up nicely but bear took over after cash open.
- QQQ Equailibirum key break will be Monday which will determine which way SPY is going to move. - SOXX / SMH turning from lead bull into lead bear today, weakest sector since Dec 2022. May drag down QQQ if it continues. Will short this sector if it continues on SOXS. - SPY bulls want to see a hourly uptrend form, Bears want to see QQQ bear break Equilibrium...
- NASDAQ QQQ and SPY closed near resistance QQQ im looking at $311 daily time frame triple top. - FOMC 25BPS tomorrow 80% chance, need to see in Powell's speech if this is our last hike or we get a pause, also information on the banking situation too. - XLF is going to be key factor tomorrow for SPY's direction, went completely sideways today will break...
- KRE and XLF still in a bear flag territory, Both are closing in on their tightening range and will break very soon either tomorrow or Wednesday. we will get a lot of volume and volatility once this breaks. - QQQ & SPY have a Triple top resistance, if XLF break bull SPY will very likely break that resistance, so will watching all 4 closely. - FOMC Wednesday...
- XLF holding triple bottom support 15m, holding above yeseterdays low bounce off of it 3 times today, first initial sign for the bulls. Now bulls need the hourly trend change for XLF back to an uptrend to help SPY - QQQ's drop may seem a lot today due to how fast we pulled back from the morning but we are still way above 0.386 fib retracement on daily therefore...
- 7.5% move on QQQ/NASDAQ in 4 days. AAPL and MSFT now hitting key resistance, will be watching to see if it can break above or not for QQQ to continue. - likely a slight pullback hourly consolidation for QQQ before attempting another leg up. - after ECB hiked 0.5% this morning our rate hike of 25Bps increased to 80% chance this morning. - XLF hourly bullflag...