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
QQQ trade ideas
QQQ (29 August)A strong red bar, almost full body, closing near its low - that’s a bearish marubozu-type candle (pattern signals a powerful downward price movement & suggests the continuation of a downtrend or a strong potential reversal from an uptrend), which means sellers in control
Prior small-bodied candles with upper wicks around $576–$578 look like stalling candles/spinning tops or indecision near resistance
Earlier in the bounce (21-27 August), a string of green candles climbing steadily - that’s a rising three method-style move (short-term bullish continuation/essentially a "bull flag" formation), but it has now broken with that big red bar
This looks like a bearish engulfing setup where the latest red candle completely wipes out several of the prior green candles’ progress, so it suggests buyers lost control at ~$576–$578 & momentum has shifted back to sellers
Signals 1–2 more red days unless quickly negated
The strong close near the lows suggests sellers want to press further right away (no bounce intraday)
If Tuesday continues below $570, that confirms the short-term breakdown
Near-term = bearish pressure (engulfing + strong close at lows)
Swing = risk of a retest of $564 to $558, unless buyers immediately step back in & reclaim $576
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 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
QQQ Break or Fail?Bullish Breakout
QQQ breaks and holds above $575
Calls with tight expiry (if momentum is strong) or slightly further out for safer time decay
Needs broad tech confirmation (NVDA, AAPL, MSFT, META & etc)
Bearish Rejection
QQQ fails to push above $575 and stalls
Puts with tight expiry for momentum, or stagger entries to scale in
If NVDA’s earnings fade spreads to semis, this path gains momentum
Current Bias
Momentum is mid-stochastic (not overbought/oversold)
That means the $575 zone is the decision point
The trade will likely set up today/tomorrow - break or fail
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 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 : Stay heavy on positions.Currently in a short-term bounce signal zone. Maintaining the same outlook as before.
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 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
QQQ Binary Setup Around PivotBias slightly bullish as long as $570 holds, but QQQ has been fading end of day, so morning strength needs confirmation
If QQQ holds above 5$70 pre-market/first hour, risk/reward favors calls
If QQQ loses $569 pivot with volume, momentum shifts down
Whichever side wins $569/$570 will likely carry the session
QQQ day & hr reviewWatch these new soft lows. Lower Highs.
Hr chart shows a band to band play within the BB... nice.
Day reflects double wicks w/ HL... bullish. The close was a bit of a rejection... makes sense as the BB are right there. Let's see if we pullback Mon/Tues of next week.
*NVDA & BABA earnings next week. Will be watching....
Have a great weekend. What do you see?
Bullish Pattern: V-Shape + Shakeout with Strong RSI SignalOn the QQQ weekly chart, a recurring bullish pattern has emerged multiple times over the last years:
1) V-shape recoveries followed by Cup & Handle formations and then a shakeout, all of which preceded powerful upside moves (highlighted with arrows and circles).
2) Each time the weekly RSI touched the 30 zone , it triggered a strong bullish rally. This happened three times in the past (2018, 2020, 2022) and just occurred again in March/April 2025.
3) Both times the Cup & Handle pattern formed, the RSI found support around the 45 level.
This suggests that QQQ may be setting up for another bullish leg if history repeats itself.
📊 Key Takeaways:
Weekly RSI bouncing from oversold (30 zone)
Recurrent V-Shape + Cup & Handle + Shakeout bullish pattern
Strong rallies historically followed this setup
⚠️ Not financial advice — purely a technical pattern study.
QQQ Fear-Adjusted Momentum GaugeThis is a fear-adjusted momentum gauge
A higher ratio = strong risk appetite (bullish for QQQ)
A lower ratio = stress (bearish for QQQ)
Big rallies in QQQ (January to July 2024 & May to August 2025) coincided with QQQ/VIX trending upward
Price gains were stronger than implied volatility
Whenever QQQ/VIX rolled over (August to October 2024 & January to March 2025), QQQ sold off hard
QQQ price sometimes “lingered flat” at first, but the ratio gave an early risk-off warning
As of late August 2025, the ratio is at +28%, near upper resistance zone where rallies have previously stalled
QQQ price itself is consolidating near highs
If the ratio holds above +20% and pushes higher, this confirms a risk-on continuation
If it rolls back below +20%, this is a warning of correction, even if QQQ is still flat
Ratio rising from neutral (~0%) into +20–40%, which confirms healthy momentum with low fear; however, the ratio is falling while QQQ still up (divergence)
Sharp drops below 0% (volatility leading) indicates strong downside risk
QQQ/VIX is elevated, confirming risk-on, but at a spot where past rallies faded
Suggests short-term cautious bullish bias, but watch for reversal in ratio which would precede a QQQ pullback
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 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.
———————————
WISH YOU ALL LUCK
QQQ (22 August)Monday is binary
If momentum pushes through $575 early, calls can run toward $580–$583 quickly
$575 is a decision point - break & run to $583, or fade back to $568
Powell hint already absorbed so the next big movers include economic data mid-week (jobs, inflation reads) & tech leadership (NVDA moves will matter)
QQQ Post Powell Move w/ Range ExpansionQQQ closing right in the middle of the down channel at ~$563, which is a key battleground ahead of Powell
What’s “developing” is either a base at $563 (could support a bounce) or a bear flag (if bounce fails)
1. Dovish Tilt (hinting at cuts/easing)
Dollar & yields drop, then QQQ rallies
Break above $566, tests $570 quickly
If $570 breaks, upside gap-fill to $575–$577 possible
2. Neutral (balanced/data-dependent)
Market chops inside $561–$570 range
Expect whipsaws; QQQ likely oscillates around $563 pivot line until close
3. Hawkish (higher-for-longer/inflation worry)
Dollar & yields rip higher
QQQ loses $561, then flush toward ~$558
If momentum builds, $553–$555 opens fast
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
QQQ , Stay heavy on positions. QLD or TQQQ , Stay heavy on positions.
Same view as before. No change.
A signal for catching a bounce has emerged.
The bounce signal reflects a swing-to-intraday view and is not tied to the broader trend.
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.