$QQQ Trading Range for 9.2.25
Ok, so we are heading into tomorrow after the three day weekend a little bearish. Friday every candle printed red and the 35EMA is above us facing down so definitely look to that as resistance.
The 30min 200MA is also facing down and above that we have even more resistance.
I am not in a hurry to go long here until we print a green candle OR hit the bottom of the implied move at 565, which ever comes first
QQQ trade ideas
September Collapse in QQQAfter the April Tariff collapse, the index rose significantly off of the bottom and blew right past prior highs. There is a need to back-test to the $540 range. Further, which the government taking fascist equity positions in publicly traded equities and threatening the independence of the federal reserve, there are black swans looming everywhere. Also, tariffs will soon start impacting inflation, just as cracks are forming in the job market. However, can you really rely on the data since the head of BLS was fired for telling the truth about jobs?
QQQ – Another Channel in Play: Breakout or Breakdown?QQQ has been respecting a series of parallel channels since March of 2023, forming a classic stair-step bullish pattern. Each channel ended with a break below the 10-week SMA.
🔸 Strong Trend Structure
▪ The chart shows five clear ascending parallel channels, each followed by a corrective/downward or sideways phase.
▪ This stair-step structure is characteristic of bullish price action, followed by consolidations, which often signals a healthy uptrend.
🔸 Channel Integrity
▪ Each channel respects its upper and lower bounds well, showing consistent buying pressure and trend continuation.
▪ There are multiple touch points for each upper and lower band, showing price support and resistance levels.
▪ The last channel is slightly narrower than the previous ones, which could imply momentum compression before either:
• A breakout (continuation upward).
• A breakdown (channel failure and pullback).
🔸 Risk Zone
▪ If QQQ breaks below the channel support and the 10-week moving average, the next likely support zone is around $540–$550.
🔸 Key Levels
▪ Upside Target: If QQQ breaks above the channel, we could see $600+ based on the measured move of prior legs.
▪ Watch volume for confirmation on any breakout attempt.
▪ Support Zone: If the channel fails, $540–$550 is the first major demand area aligned with prior consolidation.
🔸 Trade Ideas
▪ Bullish Bias: Breakout with strong volume, stop below channel support.
▪ Bearish Bias: Breakdown on confirmed move below channel and moving average.
Note: This is not investment advice. Do your own research before making any trade decisions. Always conduct your own due diligence before investing.
💡 What do you think – continuation or correction? Drop your thoughts in the comments!
QQQ Pure LottoMomentum indicators (like stoch/RSI) are mid-range, so still room either way
The dominant developing pattern is an ascending triangle under $580
That favors a bullish breakout if buyers hold $574–$575
If ~$580 fails again, it flips into a short-term pullback
What we’ve seen since mid-August looks more like a round bottom recovery than an upside-down “U”
The “handle-like” action under $580 is tight & flat, not sloping down
That aligns more with an ascending triangle (bullish) than an inverted cup & handle (bearish)
If this were a true inverted cup & handle, expect a weak “handle” bounce that fails near resistance before rolling over
However, the bounce off $559 hasn’t been shallow; instead, price has climbed into a rising channel
That channel is more characteristic of a bearish rising wedge than a handle
Rising wedges often resolve lower, but they do climb higher first, sometimes to retest prior resistance ($580–$583)
A close above $583 on volume invalidates the bear case
Negates the “cup” idea & confirms a breakout
A breakdown of the rising wedge (below ~$572 then $568)
Aligns with the inverted cup & handle thesis and target ~$559
Right now, a bearish wedge inside the potential inverted cup & handle
If it breaks down, it validates the bearish case
If it powers through $583, it flips back to bullish continuation
Trading a bearish setup inside an uptrend context
Inverted cup + wedge is bearish, but bulls still have a chance until $583 is rejected
Think of 583 as the “line in the sand”
1. Bearish Case (~55% probability)
Head & Shoulders + rising wedge
Failure to break/close above $583
Target $568 (neckline)
If sellers press, $550–$555 with a full measured move to ~$532, but may need a macro shock to hit
2. Bullish Case (≈40% probability)
Strong breakout & hold above $583
Squeeze toward $590 (prior resistance)
If momentum + AI narrative revives, $605–$607
Would represent a sentiment shift
3. Neutral/Chop (≈5% probability)
Sideways consolidation $570–$580
Economic data this week comes mixed results in no conviction
$583 is the decision point & $568 is the neckline where bears are in control
NVDA earnings reaction + economic data (jobs, inflation)
If rally is on weak volume, likely a bull trap
The market leans bearish unless bulls can decisively close >$583
QQQ Potential Inflection PointSymmetrical triangle = compression where buyers keep stepping in higher, but sellers cap at lower levels
Often a continuation pattern, but it can break either way depending on volume + macro drivers
MACD just had a bearish cross earlier, but it’s trying to curl back up which suggests indecision & matches the triangle
RSI is holding mid-zone (~45) - not oversold, not overbought, again, neutral compression
In a proper symmetrical triangle, volume should decline as the pattern compresses
This shows traders waiting, fewer willing to commit inside the chop
That looks normal here (quieter trading into late August)
Volume must expand; otherwise it’s just a fake-out; ideally, RSI also breaks under ~40 & MACD diverges down
If price falls back inside the triangle on weak volume, it’s a false move
If price reclaims the ascending line quickly, it’s a bear trap
If the breakout candle volume is ≥150% of average, that’s confirmation
If price moves but volume stays weak, expect a possible reversal
Watch the first 15–30 min of volume after the break
If it’s a strong surge, odds favor continuation
If volume fades and price chops back inside the triangle, it’s likely a fake-out
Price broke down through the ascending support trendline around ~$572, currently testing $570
Volume expanded on the breakdown candle which adds credibility to the move
If follow-through comes with continued above-average volume, it confirms the downside break
Triangle height is ~24 points (from ~$583 high to ~$559 low), so $570 – $24 = ~$546 (aligns with prior support from mid-August)
If volume continues to stay above 1.3M baseline & Tuesday closes weak, expect sellers to aim for ~$558 first (previous swing low) & then the measured move (~$546)
Direction = which line breaks (up/down)
Strength = whether volume surges beyond normal
Bulls need a fast reclaim of $572–$573 on strong volume; otherwise, bears keep control
QQQ Sellers In Panic! BUY!
My dear friends,
QQQ looks like it will make a good move, and here are the details:
The market is trading on 570.30 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 572.83
Recommended Stop Loss - 568.90
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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 Bearish vs Bullish Continuation A bull flag needs 3 key ingredients
1. Flagpole (strong impulsive move up)
• QQQ ran from ~$563 (5 Aug) to ~$583 (14 Aug)
2. Flag (controlled consolidation)
• The consolidation after 14 Aug hasn’t just been a tight downward drift; instead, QQQ dropped sharply to ~$563 (not shallow, that’s a full retrace)
• Bounced, but then chopped sideways inside a descending channel
• It looks more like a bearish channel than a neat flag that’s hugging the 50% retrace level
3. Volume & structure
• In a bull flag, you want volume drying up during the pullback
• The selling volume stayed heavy at times
• The “flag” portion is wider, choppier & longer in time than a bull flag (which is usually 1/3 the length of the pole)
This pattern is flag-like, but it leans closer to a descending channel/consolidation than a bull flag
• If bulls can break $575 on rising volume, it becomes a flag breakout
• If QQQ slips under $568, then it invalidates the bull flag & resolves bearish (a continuation of the down-channel)
It can be a bull flag, but right now it’s an ambiguous consolidation that will only prove itself with a breakout over $575
• If QQQ breaks $575 with conviction, the projected target = $583 + $20 = ~$603
QQQ Breakout, Continuation, or CorrectionSupport levels are far below current price, but they anchor downside risk if a true bear phase begins
Clear $585 with an upside target $600–$625 (aligns with R2)
Hold between $568–$585, market consolidates until macro data (jobs, CPI, Fed)
Weekly close back below R1 ($568) opens a slide to $540 & maybe toward $482 if selling accelerates
QQQ Read on the CandlesToday’s long red candle shows strong rejection, high conviction selling
Today’s 4H bounce at the center band looks more like technical support hold, not yet bullish reversal
So short-term the market is testing balance at $570
If it loses $570, downside continuation is favored
If it recaptures $576 quickly, squeeze potential kicks in
Trigger to watch is a daily close under $568, or weakness that can’t reclaim $570
USFA lights out Macro TOP USFA
if they dont rug it to its fullest with a crazy blackswan
there should be
a serious deadcat at 0,333 attempting to break the BF
around 0,444
If they decide not to break ATH before
christmas palindrom anniversary..
yes the palindrom is exactly on
christmas eve lol
its probably
byebye USA
@Hanslanda369
QQQ Battlefield Map1. Immediate Support Holds (~55%)
QQQ consolidates above current levels
A push above $583.32 (recent high) would confirm bullish continuation
$589–$590 or retest of envelope top/channel resistance
$600 is a round-number magnet & could trigger breakout momentum
Extension to $607–$610, based on measured move from the last swing
Biggest shelf (high-volume node) is $565–$575
This matches where QQQ has been consolidating with lots of buyers & sellers
2. Break Below $560s (~35%)
Signals loss of short-term momentum
Eyes turn toward $540 (23.6% Fib) - first real downside test
Major support in the area of $529–$540
100d SMA ($529) + Fib ($540) is a critical test
Bounces & dip-buyers defend trend
Failure & trend weakens significantly
Secondary shelf at $520–$530 perfectly lines up with Fib 38.2% ($514) & 100d SMA
Low-volume gap at $545–$555
If QQQ breaks under $565, it can slide fast into this pocket before stabilizing at $540/$530
3. Deeper Downside (~10% - unless macro shock)
$493 (50% Fib) is midpoint retrace, strong demand area (if market turns risk-off, this is the magnet )
$472 (61.8% Fib) is the golden ratio area of support
If this breaks, trend structure flips bearish with risk toward $440–$433
QQQ LongLooking at QQQ on the 15-minute chart, the broader market structure has shifted from bearish to more balanced after a deep selloff earlier in the month. The sharp decline created a series of lower lows until buyers stepped in aggressively around 560, forming a clear Change of Character (CHoCH) as the downtrend stalled. Since then, the structure has transitioned into higher lows, with price now pushing back toward prior supply levels. The most recent rally suggests buyers have regained momentum, though the major Break of Structure (BOS) needed to confirm a full trend reversal would come above 583.32.
The key supply zones sit between 576–578 and higher up at 580–582, both of which previously sent price lower with strong rejections. These are significant resistance areas where sellers showed control, and they remain strong supply zones until decisively broken. On the demand side, the 570–571 region has proven itself as a solid base, where buyers stepped in with strength on multiple retests. Deeper demand sits closer to 561–563, which sparked the strongest bullish reaction, making it the most reliable support zone if tested again.
Within the marked region, price is pressing into the 576 supply, showing a small pause but not yet a full rejection. The price action suggests buyers may allow a shallow pullback toward 572–573 before attempting another push into the 577–580 zone. If demand holds on that pullback, continuation higher into the upper supply looks likely. However, if 570 is lost, that would be a sign of weakness and could shift the short-term bias back toward sellers.
Trade bias: Short-term bullish
Expected direction: A continuation higher into 577–580 supply, possibly after a shallow pullback
Invalidation level: A decisive break below 570 demand would flip the bias bearish
Momentum condition: Buyers currently hold the edge, with clean higher lows and strong candles on impulses
Price behavior: Consolidation under supply, signaling accumulation before the next test higher
$BTC 4-Year Cycle Is NOT Dead According to $QQQ $SPXIt’s really weird cause everyone keeps telling me the ₿itcoin 4-year cycle is dead yet Nasdaq and S&P 500 follow nearly the exact same pattern with cycle lows 🤓
It’s almost as-if monetary and fiscal policy creates this boom and bust cycle every 4-years 🤔
Question for the “this time is different people”….
Will NASDAQ:QQQ and SP:SPX not have similar bear markets as we’ve seen in the past along with CRYPTOCAP:BTC ?
Is September For the Bears?QQQ CME_MINI:NQ1! CME_MINI:ES1! stock market Forecast
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QQQ The Target Is DOWN! SELL!
My dear subscribers,
My technical analysis for QQQ is below:
The price is coiling around a solid key level - 572.02
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 567.03
My Stop Loss - 574.78
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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 Volatility Squeeze Ahead?A decisive break & close below $556 would confirm this bearish move,
$532–$529
Head at ~$583
Neckline at ~$556 sloping upward which tends to delay confirmation, but breakdowns can be sharper if they do occur
(Head - Neckline) = ~27 points, so the measured move is ~$556 – $27 = ~$529
If QQQ closes back above $575, the right shoulder fails & we see continuation of the uptrend
Is Fridays Bounce a Bull Trap?CME_MINI:NQ1! CME_MINI:ES1! stock market Forecast
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QQQ: Bearish Continuation & Short Signal
QQQ
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short QQQ
Entry Point - 572.02
Stop Loss - 574.91
Take Profit - 566.51
Our Risk - 1%
Start protection of your profits from lower levels
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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Qqq... Done or one more ?So in my previous post I mentioned
Qqq tagged its 16 year trendline resistance
Zoomed in and circled last 3 touches
From 583 to 559 in one week.
Now Zoomed to see the last 2month price action and you'll see we hammered off our summer channel support
So with Powell speaking tomorrow i think we will be at a cross roads where either we will make 1 more high before sept or the move is done already.
Let me explain
In my last post (See link)
I explained the tech Sectors and that they where signaling a top and here we are a week later.
The 2 biggest tech Sectors
NASDAQ:SMH (Chips)
AMEX:XLK ( aapl , msft)
Are both Showing a topping pattern called Wyckoff distribution..
This pattern is pretty much a conformation that Sept will be UGLY and Qqq will close gap at 530 minimum
But I've said all this before in my last post..
This post is about the possibility of a bounce to 589-600 in the last week of August.
It all comes down to Powell tomorrow.. if Qqq closes back over 571 or 20sma tomorrow then I would be leaning towards one more of 589-600..
589 would be a tag of that yellow trendline which is that 16yr resistance.
600 would be extreme fawkery and a push back up to the top of the summer channel.
Qqq has faked out twice before over that monthly trendline . I circled the last 2 fakeouts here
So if Qqq and tech Sectors push back over their 20sma and close the week above it then I'd flip long for the last week of August then come back after labor day weekend with puts in mind.
If Powell causes a sell and we close below 563 then disregard this post..
The next best short entry is below 557.00
Core pce and NVDA earnings are catalyst next week.
Risky longs below 20sma..
Either wait for a break above 570.00
Or long 563-564..
If you long 563 then be willing to add to your position up into 559.00
Stop loss below 558.00
If you long above 570 them be willing to add to your position up into 567
Stop loss below 566
Over 570 and 576.50 comes
Over 581 and we will head to a new high
Trade idea
If this goes up then I like NASDAQ:GOOGL calls with a target of 210.00 for the last leg up. See my link
Entry above 197.50 (20sma)
Stop loss below 195.00
1st Target 202.50
2nd target 210.00
return to support provides uptrend continuation entry1->3 : a higher high shows
dominance of number 2 buyers
3->4 : return to dominant buyers
what do I think will happen next?
* rsi and mfi hidden bull and oversold
*obv seems to be continuing uptrend
showing continued buying interest
* buying trade with protection of number 2
buyers is a sensable move that can be
articulated