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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 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.
NASDAQ:QQQShort
by x4tsr
1
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
NASDAQ:QQQ
by pakoumal
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
NASDAQ:QQQ
by pakoumal
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+
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