QQQ Will Collapse! SELL!
My dear friends,
My technical analysis for QQQ is below:
The market is trading on 586.66 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 578.49
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
QQQ trade ideas
QQQ Short – Targeting 2%The Nasdaq-100 (QQQ) has shown strong upside momentum recently, but appears technically overextended on the daily chart. After multiple consecutive green sessions and stretched RSI levels, there is a rising probability of a short-term pullback.
With limited economic data this Friday and potential profit-taking ahead of the weekend, we could see a “Red Friday” scenario. A 2% retracement would bring QQQ closer to near-term support levels, offering a favorable risk-reward for a short setup.
QQQ Topping SetupBuyers are facing strong resistance & today's trading is a warning sign of exhaustion, not yet a decisive reversal, but the setup leans bearish unless bulls break out cleanly above $598 - risk leans toward a pullback
RSI/Stoch show overbought, flashing risk of pullback
MACD is still bullish, but losing strength
Today's gap up rejection confirms sellers are active at resistance
This paints a picture of a topping setup unless neckline holds strong
The gap up was a bull trap where buyers pushed early, but sellers overwhelmed
Today’s candle acts as the confirmation signal of a double top (shooting star/bearish engulfing), is a textbook bearish signal at Top 2, which suggests bulls are losing steam & bears are pressing harder
This creates a bearish gap + reversal setup
1. Bearish Signals
Shooting star (small body, long upper wick), rejection of higher prices
Bearish engulfing (large red candle fully covers prior green), sellers taking control
Doji at highs (indecision), often precedes reversal when overbought
Evening star (3 candles & strong green, then doji, then strong red), top formation
These confirm the double top pattern if paired with rejection volume
2. Bullish Continuation
Hammer (small body, long lower wick), buyers defending support
Bullish engulfing (large green candle covers prior red), buyers back in control
Morning star (3 candles, strong red, then doji, then strong green), bullish reversal at support
Marubozu green (full-bodied bullish candle, no upper/lower wick), conviction from buyers
These suggest the neckline is holding & an ascending triangle breakout is possible
At Top ($598), watch for rejection candles & at neckline ($556-$564), watch for defense candles (hammer, engulfing, morning star)
Confirmation comes not from just one candle, but the follow-through
QQQ QQQ/VIX Peaks vs QQQ TopsThis ratio rises when QQQ strengthens & volatility (VIX) declines, a classic risk-on signal
The higher the ratio, the more “complacency” builds - extremes here often precede corrections
Both QQQ & QQQ/VIX are at/near highs, which confirms bullish sentiment, but also shows that positioning is crowded
If QQQ keeps pushing higher, but QQQ/VIX fails to confirm (flat or declining), that’s often an early warning of exhaustion
Any sudden VIX spike (geo, macro, Fed) would drag this ratio down fast & pressure QQQ
QQQ/VIX this elevated often means traders are too comfortable
Pullbacks tend to emerge from such levels
If VIX jumps, ratio collapses
Historically, that coincides with sharp QQQ corrections
With QQQ at ~$600 & QQQ/VIX stretched, market may need a consolidation or correction before higher
1. Late January / Early February 2025
QQQ/VIX peaked near 41
QQQ topped just above $580 before rolling into a multi-week correction
2. Mid-April 2025
QQQ/VIX sharp rebound high (mid-30s)
QQQ short-lived bounce before a deeper dip into May
3. Now (Mid-September 2025)
QQQ/VIX at ~38, near prior extremes
QQQ at $595, pressing resistance around $600
Every major QQQ pullback since late 2024 coincided with QQQ/VIX spiking near 35–40
Peaks in the ratio tend to lead or align with local QQQ tops
Once the ratio rolls over, QQQ usually corrects or at least consolidates
QQQ/VIX is once again in the upper 30s
Unless the ratio makes a decisive breakout beyond prior extremes (sustaining >40), history suggests odds of a near-term pullback are elevated
Watch closely for a stall or rollover in QQQ/VIX (early warning), a VIX spike (usually the trigger), or QQQ struggling with $600 resistance
QQQ Battle at the TopStrong uptrend from April to September (higher highs & higher lows), but market is hesitating with indecision candles at resistance
1. Bullish
Clean breakout & close above ~$593 with follow-through
$637.81 (123.6% Fib) to $665.62 (138.2% Fib)
Needs strong green candles or a bullish gap above resistance
Support at $552–$559 (78.6%-82.6% Fib)
2. Bearish
Rejection at current highs (~$593), followed by consecutive red candles
$552–$559 (major support cluster, 78.6%-82.6% Fib)
$520.10 (61.8% Fib, critical trend support)
Risk of deeper correction to $497.63 (50% Fib)
Confirmation seen in long upper wicks, bearish engulfing, or heavy selling volume near ~$593
Watch candlestick formations here - next few candles will decide direction
Recent candles near $592 are small-bodied candles with upper wicks which suggests indecision/possible exhaustion at resistance
If QQQ stalls at this level & pulls back, it could form a double top around $593 (bearish if neckline at $559 breaks)
If it consolidates sideways above $552–$559 & then breaks out, it could form a bullish continuation pattern (ascending triangle)
No major reversal pattern yet, but watch closely for confirmation
Bearish engulfing or shooting star near $593 is bearish signal
Breakaway gap above $593 is bullish confirmation
Double top ($588–$593) shows multiple doji & shooting star candles which signals indecision + rejection pressure
If bearish patterns (doji/shooting star/bearish engulfing) dominate near $593, it indicates a likely reversal or pullback
If price pulls back to $552–$559 & prints bullish engulfing/long lower wick, this is a strong buy-the-dip signal
Bullish engulfing candles showed up earlier in August, helping the rally continue
Support at $552–$559 is a key level where buyers may defend (base of possible ascending triangle)
If neckline holds, it could be an Ascending Triangle & breakout above $593 points to $637+
QQQ : Stay heavy on positionsQQQ : Stay heavy on positions (QLD, TQQQ)
- Market slowly shifting from sidelines to risk-on.
In stay light on positions zones, I hold QQQ and reduce exposure.
In stay heavy on positions zones, I increase allocation using a mix of QLD and TQQQ.
** This analysis is based solely on the quantification of crowd psychology.
It does not incorporate price action, trading volume, or macroeconomic indicators.
QQQ: Holding 590 Channel Support–Swing & Scalp Setups for Sep 171-Hour Chart Technical View
QQQ’s 1-hour chart shows a steady uptrend within a rising channel. After a strong run from mid-week lows, price is consolidating near $591. MACD has cooled from earlier highs and Stoch RSI is in oversold territory, suggesting a pause rather than a reversal.
* Immediate Support: $590 (short-term breakout level)
* Major Support: $583 and $577 (key demand zones)
* Upside Zone: $594–$598 is the next resistance cluster; a breakout could carry to $600
The 9 EMA remains above the 21 EMA, supporting the current bullish bias as long as $590 holds.
GEX & Options Flow
Options positioning offers balanced but supportive cues:
* Call Walls: $594 (highest positive NET GEX / gamma resistance), $596, and $598.
* Put Walls: $583 and $575 (biggest downside defenses).
* GEX Bias: About 49.5% call exposure with IVR at 16.2 (IVx ~19.8). This shows healthy, moderate option interest with no sign of panic pricing.
Dealers remain positioned to hedge dips, favoring a controlled upward drift.
Trade Thoughts & Suggestions
* Swing Idea: Accumulate near $590 with a stop below $586, aiming for $594–$598 and a stretch to $600.
* Scalp Idea: Quick bounce plays off $590 or a breakout scalp if $594 is taken out with strong volume.
* Bearish Scenario: A decisive break under $586 could open $583 and $577 as targets.
Quick Take
QQQ is in a healthy consolidation inside a rising channel. For Sept 17, holding $590 keeps the door open for a move toward $594–$600.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk before trading.
Macro TOP USFA Update
First time in recorded History that Saturn
Will be its closest from earth combined
With a Partial solar eclipse the 9/21/2025
All happening the day before
"Market Maker Day"
0,333 acceleration
0,444 deadcat or acceleration
If somehow 0.444 pushes and breaks ATH it could
trend up towards christmas dont fight the trend
USA on their 9119 D palindrom of existence
on christmas eve
Expect big movement at market open
@Hanslanda369
QQQ - Todays Support and Resistance LinesHey Followers,
Here are the support and resistance lines for Sep 16th, 2025, only valid till the end of the day.
If the price comes from the bottom towards a line, then the line becomes a resistance line.
If the price comes from the top towards a line, then it becomes the support line.
I use 2min and 5min to trade these lines on 0dte options.
QQQ Technical Outlook – Symmetrical Triangle After Pullback📊 QQQ Technical Outlook – Symmetrical Triangle After Pullback
Ticker: QQQ (Invesco Nasdaq-100 ETF)
Timeframe: 30-minute candles
🔍 Current Setup
QQQ has been in a strong uptrend since June, peaking around ~582 before pulling back. Price is now consolidating into a symmetrical triangle, with:
Descending resistance: from ~582 down toward current ~572.
Ascending support: from June lows, now near 563–565.
Current price: ~572, sitting right near the apex.
This structure suggests compression ahead of a breakout move.
📊 Breakout Levels
🚀 Upside (Bullish Scenario)
Trigger: Break and close above 575–577.
Intermediate Targets:
582–585 → Prior highs.
590 → Extension zone.
Measured Move Target: ~600 (triangle height projection).
🔻 Downside (Bearish Scenario)
Trigger: Break below 565, with confirmation under 563.
Intermediate Supports:
555–552 → First demand zone.
540–542 → Stronger support.
Measured Move Target: ~545 (triangle height projection downward).
📈 Volume Analysis
Volume has contracted during this triangle — classic consolidation behavior.
Expect a volume expansion to confirm the breakout direction.
⚖️ Probability Bias
The trend into the pattern was bullish, favoring continuation higher.
Still, failure to defend 565 could quickly open downside risk toward 552–545.
✅ Takeaway
QQQ is at a major decision point inside a symmetrical triangle:
Bullish Break > 577: Targets 582 → 590 → 600
Bearish Break < 565: Targets 555 → 545
QQQ Bullish ContinuationThe chart favors continuation higher with risk of a small dip, not a breakdown
QQQ is pressing into $587–$588, right near highs
Price is holding above all key momentum averages (stacked bullishly)
Momentum Indicator at +9.6, which is positive, but not strongly accelerating
Momentum peaked in early summer, but instead of breaking down, it’s grinding sideways & consistent with a “slow grind higher” market
No bearish divergence since price makes higher highs, momentum holding steady
Since QQQ is grinding up at highs with supportive momentum
Buy $590C/Sell $600C (Sept 27 expiry) - cheap defined-risk spread, profit if QQQ pushes another 2% higher
Cost basis should be reasonable since implied volatility isn’t spiking
Call spreads near $590–$600 with a small put spread hedge is the cleanest way to play
This combo is essentially a directional strangle using defined-risk spreads
QQQ Breakout vs BreakdownQQQ is flashing both a potential double top & a rising wedge, which are closely related bearish setups
1. Double Top (Top 1 & Top 2 around $583)
Price hits the same high twice, fails to break through, then rolls over
Not confirmed until QQQ closes below the “neckline” ($574–$575)
If confirmed, projected drop is the height of the pattern (~24 pts) for a target of $560
2. Rising Wedge
Higher highs + higher lows, but slope is narrowing
QQQ’s recent grind into $583 fits this pattern since momentum is slowing as buyers lose control
Rising wedges tend to break down ~70% of the time, especially near major resistance
Break below the wedge lower bound ($574–$575) would align with the double top neckline break
Bull vs Bear Scenarios
If QQQ breaks above $586–$587 with volume, it invalidates both bearish patterns
That would trigger continuation to $600
Close below $574–$575 neckline confirms the double top & wedge breakdown
Right now QQQ is “coiled” in a rising wedge into resistance with a double top risk
Bulls must clear $586+ to avoid the trap
Bears gain control if $574 fails, unlocking gap-fill downside
QQQ Grind-Up, Not Power-UpA gap occurs when the price opens significantly higher or lower than the prior close, leaving an empty space on the chart
1. Common Gap
Small, often within a range
Usually filled quickly (price comes back to close the gap)
2. Breakaway Gap
Happens at the start of a new trend (up or down)
Price usually does not fill quickly because it’s breaking out of a consolidation zone
3. Runaway / Continuation Gap
Occurs in the middle of a strong trend
Reinforces momentum, shows buyers/sellers rushing in
4. Exhaustion Gap
Appears near the end of a move
Often followed by reversal once the last buyers/sellers have entered
Many gaps get “filled” (price trades back through the open-close range)
Notice the jump candles where price leaps higher without overlapping prior highs
Those are mini-breakaway gaps on smaller timeframes
Larger daily gaps (from overnight futures) show up around major inflection points (~$540 or ~$500 in past months) often get retested
Gap up into resistance - fade (short-term sell bias)
Gap up out of consolidation - trend continuation
Gap down into support - bounce potential
Gap down breaking major support - momentum short
A big distance between prior close and next open (think 2%+ in QQQ, which is large for an index ETF) suggests a strong imbalance between buyers/sellers (news, macro shock, earnings, Fed, etc) & are often trend-driving (market re-prices & continues in that direction - breakaway or exhaustion)
Traders treat wide gaps as structural levels (price can revisit them weeks/months later)
The big shaded area in April/May around $450–$500 are wide gaps that anchor market structure
Small difference between close & next open (<1% in QQQ) are common gaps that occur more often & tend to get filled quickly (1–5 sessions)
Momentum traders don’t put much weight on them since they’re more noise than regime change
The small shaded areas around $560–$565 are narrow gaps which often act like magnets for price (easy “gap-fill” trades)
1. Wide Gaps are macro anchor levels
They define “areas of importance” where institutions re-priced risk
If price revisits then expect strong reaction (support or resistance)
The wider gaps ($540s, $500s) are less likely to fill immediately, but if momentum cracks, they’re where the market would re-price
2. Narrow Gaps are short-term magnets
They get filled often and quickly.
More useful for tactical swing or intraday trading
The narrow gap at $560–$565 suggests that if bulls fail at $580, this is the first “magnet” downside target
QQQ grinding against ATHs while narrow gaps remain unfilled shows momentum strength
Market is ignoring short-term inefficiencies because buyers are in control
If $580–$581 rejection holds, sellers will target the nearest narrow gaps first ($560–$565)
Only if weakness compounds do we start eyeing the wider gaps lower ($540s to the $500s)
The curved trend line is the line in the sand
Above = momentum grind
Below = unwind toward gap fills
This symmetry is powerful since markets often move in measured waves
If history repeats, the next breakout could target another +35 pts from the last base ($560–$565)
That projects into $595–$600, aligning with psychological round-number resistance
Equal legs can also signal a completed measured move
If momentum fails at $580–$581, this may be a double top, meaning trend is stretched
In that case, downside would first target gap at $560–$565 & possibly the $532 wide gap if the trend breaks
QQQ has rallied in 2 near-perfect measured moves of ~35 pts
A third move could carry it to $595–$600, but failing here suggests exhaustion
The trend + gaps below tell us exactly where risk opens if $580 rejection plays out
1. March–May (early rally leg)
Strong expansion in volume on the breakout from the base
Classic sign of institutional accumulation
2. June–July (second impulse leg)
Price kept making higher highs, but volume gradually tapered off
That’s a hallmark of momentum continuation without fresh conviction
It doesn’t kill the trend, but it does mean rallies are carried more by buyers stepping in on dips; rather than, aggressive new buying
3. August–September (near ATHs)
Volume remains muted during the grind into $580–$581 resistance
Price has lifted, but not on strong participation
Suggests buyers are cautious & sellers haven’t pressed yet either ( a “low energy” standoff )
R ising price + rising volume = strong trend
Rising price + falling volume = weak trend (risk of stall)
Falling price + rising volume = strong distribution
Falling price + falling volume = normal pullback (trend intact)
The grind into $580 looks more like rising price + flat/weak volume
That tilts toward caution - bulls need a volume expansion to confirm breakout; otherwise, the market risks a “measured move exhaustion” & reverts to filling nearby gaps
The first leg (April–May) with big green volume spikes shows strong conviction, but the second leg (June–July) shows price rose on lighter, declining volume, continuation, but less conviction, while the current leg (August–September) shows muted volume while pressing ATHs
This is rising price + flat/weak volume, a classic “grind-up” pattern
It works until it doesn’t - meaning breakouts need fresh volume expansion to hold
QQQ’s last two impulse legs were ~35 pts - the current one is tracing the same path
Volume, however, is lighter than on the first rally (momentum continuation, but less conviction)
Breakout needs volume confirmation; otherwise, expect symmetry to mark exhaustion & pullback toward gaps
RSI pushed into overbought (70+) multiple times
RSI is trending upward again, but still below prior peaks (~65 vs 70+)
Shows positive momentum, but not full-strength
RSI holding above 50 is bullish, but failure to reach overbought on a breakout attempt would be a warning of exhaustion
Volume is muted & RSI is rising, but not overbought yet
It means the breakout is vulnerable without a volume surge & RSI follow-through
RSI confirms buyers are pushing, but momentum is weaker than in the first impulse
Breakout with RSI >70 is fuel to $595–$600; breakout with RSI divergence is likely a bull trap
QQQ Nearing wave (3) Termination at 589The short-term Elliott Wave analysis for the Nasdaq 100 Index ETF (QQQ) indicates it is approaching the completion of wave (3) from its April 2025 low. This wave (3) unfolds as a five-wave impulse structure. Wave 1 concluded at 467.83, followed by a wave 2 pullback to 427.93. Subsequently, wave 3 surged to 583.32, and wave 4 retraced to 558.84, as illustrated in the 45-minute chart.
Currently, wave 5 is developing as a diagonal pattern. From the wave 4 low, wave ((i)) peaked at 578, with wave ((ii)) dipping to 559.53. Wave ((iii)) then climbed to 581.12, followed by a wave ((iv)) pullback to 571.53. As long as the ETF remains above 559.53, it is poised to extend higher in wave ((v)) of 5, which should also finalize wave (3) on a higher degree. The potential target for wave 5 lies between 589 and 598, calculated using the 123.6% to 161.8% inverse Fibonacci retracement of wave 4.
This analysis suggests a bullish near-term outlook for QQQ, with the ETF likely to reach the projected range before completing wave (3). Traders should monitor the 559.53 support level to confirm the continuation of this upward move. The structure remains intact, supporting further gains in the short term.
QQQ Today’s Rally ≠ Bullish BreakoutToday’s rally into resistance doesn’t cancel the bearish structure - it just tested the ceiling again, like the ball bouncing off the ceiling one more time
Price bounced, yes, but it stopped right at the descending trendline and supply zone
Until QQQ clears $577–$580 on volume, this is just another lower high
RSI still under 60 on the daily
MACD still bearish crossover
Bearish setups need bounces since sellers actually want rallies into supply
Today’s move just brought price back to the spot where bears previously took control
The deciding factor is whether tomorrow’s NFP release causes a breakout above $580 (bullish) or a breakdown below $562 (bearish)
Descending triangles usually resolve downward (break of the flat base)
A clean daily close <$562 would trigger measured move targets
Until $562 breaks on volume, it’s still just compression
Sometimes triangles fake down, trap shorts & rip higher (especially with macro catalysts like NFP)
If $576 rejects, short to $562–$558
If $577–$580 breaks (bulls win), step aside or flip long toward $583+
The Fib retracements line up neatly,
50% = $571.39
61.8% = $568.59 (sits right inside that shaded demand area)
78.6% = $564.61 & 82.6% = $563.67 (exactly where buyers defended)
100% = $559.54
This layering creates a ladder of potential supports, but also a measured path for shorts
The 1, 2 & 3 path into $559–$560 matches the 100% extension of the prior move
This is where measured move & Fibonacci confluence meet
Bears could take profit on the way down at $568.5 to $564.5 & $560
If $559 breaks with volume, extension opens toward $547 (200d SMA) which would be the larger “unwinding” target
Invalidation is simple, if daily close >$577–$580 trendline
While in-play, each Fib level gives you a chance to trail stops down
Trendline + Supply Zone + Symmetry + Fibonacci = high-probability short setup
Price = supply zone/descending trendline
RSI = overbought on the 15m & below the midline slope & capped under 60 on the daily
That’s a sign of weak momentum - each bounce fizzles out earlier
The RSI trendline itself is descending, which mirrors price
MACD = potentially topping on the 15m & still bearish crossover on the daily with it's histogram contracting slightly, so momentum is still in bear mode, with only a weak attempt at recovery
Momentum: RSI + MACD both confirm sellers are in control of the bigger picture
If NFP or another catalyst sends QQQ through $577–$580, watch for RSI breaking above 60 (momentum shift) & MACD histogram flipping positive with a bullish cross
That would negate the bearish triangle & turn this into a breakout squeeze toward $583+
QQQ Levels in PlayQQQ is coiling between $577–$583
$583.2 (Top 1/Fib 0%) is major resistance
$581 (Top 1/recent high) is lower high rejection
$578–$579 (current) sits just above Fib 23.6% (~$577)
~$571 (Fib 50%) is mid-support
~$568 (Fib 61.8%) is a critical downside pivot
$564–$563 (Fib 78.6%–82.6%) is a possible deep retrace
In short,
Above $583 = breakout
Below $572 = breakdown
Between = chop trap
QQQ Market Preview for Monday, September 8Price Action & Market Structure
* QQQ is trading around 577.7, stabilizing after a sharp morning dip toward 569.0 and a bounce back.
* Price is now consolidating between 576–578, showing indecision after recovering.
* Structure remains bullish above 576 HVL support, but bears will try to push it back toward 572–569 if that zone breaks.
Key Levels
* Resistance (Upside Caps):
* 578–580 → Immediate resistance / Gamma Wall.
* 582–583 → Next resistance cluster.
* Support (Downside Floors):
* 576 HVL → Key pivot support.
* 575–572 → Minor Put support zone.
* 569.0 → Strong support (recent low).
* 567 → Deeper Put Wall support.
Options Sentiment (GEX & IV)
* GEX: Bearishly skewed with Puts at 86.6%, suggesting hedging flows lean downside.
* IVR: 14.3, moderate but not extreme, showing some expected volatility.
* Gamma Walls:
* 580 = Major Call Resistance.
* 576 HVL = Key balance level.
* 572 / 569 = Put-heavy support.
Indicators
* MACD (15m): Rolling over after bounce, showing fading short-term momentum.
* Stoch RSI: Near oversold after pullback → could allow another push higher if 576 holds.
Scenarios for Today
Bullish Case (if 576 holds):
* Hold above 576 HVL, reclaim 578–580.
* Targets: 582–583 Gamma Wall zone.
Bearish Case (if 576 breaks):
* Drop back to 575–572 zone.
* If weakness persists → test 569.0, deeper downside toward 567.
Trading Thoughts
* Longs: Favor dip entries at 576–575 with bounce confirmation, targeting 580–582.
* Shorts: Fade rejection at 578–580, stops above 582.5.
* Stops:
* Longs → below 572.0.
* Shorts → above 582.5.
Summary
QQQ sits at a key balance zone (576 HVL). If support holds, bulls can push back to 580–582, but heavy Put exposure plus resistance at 580 may cap upside. A break below 576 flips bias bearish, targeting 572–569. Options sentiment is defensive, suggesting upside will be a grind unless bulls take control early.
⚠️ This analysis is for educational purposes only, not financial advice. Always manage risk carefully.
QQQ (19 September)The 20d MA is the heartbeat of this trend
Late August to early September consolidation where QQQ went sideways between $570-$585
The breakout above that consolidation in mid-September created a bullish continuation pattern, which resembles a bull flag/rectangle
Measuring the prior impulse leg (4.36%) & projecting it forward to $608–$609 lines up with this breakout structure
$583 × (1 + 0.0436) ≈ $608–$609
QQQ finished the week stretched at the upper +3% envelope, showing strong, but slightly overextended momentum
Volume was moderate, but supportive with no signs of distribution
The next test is whether it can hold $600 & push into the $608–$609 target zone next week
Momentum is strong, but both RSI & stochastics warn that QQQ is overextended
Near-term risk is a pullback or consolidation at/near $600
Trend remains bullish as long as MACD stays positive & price holds above recent breakout levels
Failure at $600 combined with a break back under $580 would signal a failed breakout & likely mean reversion toward $562–$555
Only a close below $532 would break the entire uptrend structure
$532.17 is the base of the prior summer consolidation & an important bigger-picture support
QQQ : Stay heavy on positions (QLD, TQQQ)- System metrics show the market transitioning into the initial phase of overheating.
In stay light on positions zones, I hold QQQ and reduce exposure.
In stay heavy on positions zones, I increase allocation using a mix of QLD and TQQQ.
** This analysis is based solely on the quantification of crowd psychology.
It does not incorporate price action, trading volume, or macroeconomic indicators.