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Invesco QQQ Trust Series IInvesco QQQ Trust Series IInvesco QQQ Trust Series I

Invesco QQQ Trust Series I

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QQQ trade ideas

QQQ "Catch-up" Potential for Bullish ContinuationThis chart is a strong cup & handle breakout, pending confirmation above $600 If confirmed then target $633-$646 1. The double top (bearish) is only valid if price fails $600 & reverses sharply 2. Healthy bull trend with consolidation at resistance Ascending triangle is tightening under $600, ready for breakout Cup & handle is a longer-term bullish continuation pattern The chart is shifting from a topping risk into a potential breakout setup, but $600 must prove itself; either, as a ceiling (rejection) or a launchpad (breakout) The cup & handle is the more dominant pattern because the handle was shallow & orderly & price is retesting the neckline directly instead of rolling over, but the double top risk only disappears if QQQ decisively clears $600 with volume Above $600 with strength = breakout Rejection under $600 with bearish candles = double top still alive Neutral small candles = consolidation, wait for direction The candles suggest bullish consolidation under resistance If NVDA joins, it could be the catalyst to print the breakout candle above $600 Why NVDA isn’t leading today? Regulatory uncertainty/negative news spillover (from China restrictions) is creating hesitation among investors (future headwinds weigh on sentiment) NVDA has had a very strong run recently so some traders are likely booking profits or rotating into other names perceived to have higher recent upside or less regulatory risk Lower volume suggests weaker conviction among buyers NVDA seems to be bumping up against resistance or nearing levels where sellers are more active so without a catalyst (positive news or breakout), it may just drift until something shifts Also, since other tech/AI/semiconductor names may have more “catch-up” potential, capital might be rotating out of NVDA into them
NASDAQ:QQQ
by pakoumal
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.
NASDAQ:QQQ
by BullBearInsights
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
NASDAQ:QQQ
by QuantAi-Trend
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. ——————————— WISH YOU ALL LUCK
NASDAQ:QQQShort
by AnabelSignals
5
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
NASDAQ:QQQ
by pakoumal
QQQ (12 September)QQQ ($586.66) is pressing against the upper +/-3% envelope band (~$591) Overbought relative to the 20d SMA, often an area where price pauses or pulls back The MA at $574.33 acts as mean reversion support The lower envelope ($557) would be the deeper support if selling picks up Fade moves at the outer bands (sell near +3%, buy near -3%) or trade trend continuation if price closes & holds above the +3% envelope Since early September, each pullback bottomed higher, confirming an uptrend continuation Last few candles are mostly green with higher closes, showing buyers are in control Current candle is a strong green pushing into the upper envelope band (+3%), which shows momentum & demand Recent candles have short upper wicks, meaning buyers closed near the highs, which is bullish QQQ broke out from a sideways consolidation (around $570–$580) & is now trending higher No bearish reversal signals - no shooting stars, bearish engulfings, or dojis near the highs If QQQ closes strong above the envelope, momentum breakout, bullish continuation Price is extended into the +3% envelope, which historically acts as resistance or a mean reversion point If next week’s candles print a long upper wick (rejection) or a red engulfing candle, that could signal short-term exhaustion Watch for reversal signals at this extended level; otherwise, trend is intact to the upside If QQQ prints a shooting star or bearish engulfing, likely short-term pullback toward the moving average ($574) If these appear, it means the uptrend is likely to continue higher, 1. Bullish Marubozu (long green candle with no or tiny wicks Shows buyers in full control, often signals strong follow-through 2. Bullish Engulfing A green candle that completely engulfs the body of the previous red candle Strong buying reversal signal after a dip 3. Three White Soldiers Three consecutive green candles, each opening higher than the last Very strong trend continuation signal 4. Gap up & hold Next day opens above the prior high & holds Momentum traders often chase this pattern If these appear near the envelope top, caution is warranted, 1. Shooting Star Small body, long upper wick, closes near the low Shows buyers pushed up, but sellers took back control 2. Bearish Engulfing A big red candle that fully engulfs the prior green candle Signals shift from buyers to sellers 3. Evening Star Three candles strong green - indecision (doji/small body) - strong red Very reliable top-reversal signal 4. Gravestone Doji Open, high & close all at the same level (long upper wick) Clear rejection of higher prices
NASDAQ:QQQ
by pakoumal
QQQ Market Context – Where We StandQQQ has been grinding higher and is now pressing into a major resistance cluster at $590–$595. This is not just a random line in the sand — it’s a confluence of long-term channel resistance (weekly chart red lines) and short-term supply zones (15m chart). Whenever price tests a heavy resistance cluster like this, the risk/reward equation shifts: upside potential shrinks while downside risk expands. That doesn’t mean the uptrend is broken, but it does mean chasing longs up here is dangerous. Smart money tends to lighten up at resistance and reload lower. Weekly structure: QQQ is still in a broad uptrend channel. Pullbacks into green support lines have consistently been bought. Trading Scenarios 🔴 Bearish Reversal (High-Probability Play) Look for QQQ to stall between $590–$595. Watch for reversal patterns (double tops, bearish engulfing, lower highs on 15m). Shorts here offer defined risk/reward: Stops just above $600, downside targets at $580 → $574.
NASDAQ:QQQShort
by GoldenTraderz_2025
1
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
NASDAQ:QQQ
by pakoumal
2
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
NASDAQ:QQQ
by pakoumal
2
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.
NASDAQ:QQQ
by Elliottwave-Forecast
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+
NASDAQ:QQQ
by pakoumal
1
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.
NASDAQ:QQQ
by BullBearInsights