📊 Market Instrument: Invesco QQQ Trust (QQQ)
Timeframe: 15-minute chart
Date: April 14, 2025
Tool Used: SpotGamma Levels Overlay
🟢 Long Targets (Buy Setups)
Target Price Level Equivalent NQ Level Notes
1st Long Target 467.28 19350 NQ Initial breakout target
2nd Long Target 470.00 19470 NQ Near the Call Wall (Max)
3rd Long Target 471.70 19530 NQ Possible zone for sales or taking profits
🔴 Short Targets (Sell Setups)
Target Price Level Equivalent NQ Level Notes
1st Short Target 460.00 19050 NQ Reaction expected from Call Wall (1)
2nd Short Target 454.00 18800 NQ Coincides with Call/Put Wall (5)
3rd Short Target 450.00 18600 NQ Strong area: Put/Call Wall (3)
4th Short Target 445.00 18430 NQ Possible buy zone at Put Wall (2)
🧠 Key Zones to Watch
🔴 Sell Zone:
471.70 — Very strong resistance. Confluence of volume trigger, call wall, and overextension. Potential for reversal.
🟢 Buy Zone:
445.00 — Strong demand. Put Wall and previous support levels suggest potential bounce.
⚖️ Middle Ground (Chop Zone):
455–460 — This is the consolidation/balance area where decisions are likely made. Be cautious here unless momentum confirms.
🧩 Technical Highlights
Volume Trigger: Around 464–465, indicating potential breakout momentum.
Gamma Levels: Neutral to bearish bias below 463 (Zero Gamma).
Call/Put Walls: Acting as magnets or rejection zones.
RB Structure: "RB Head" and "RB Bottom" suggest internal resistance/support pivots.
📈 Possible Scenarios
Bullish Breakout: If price breaks above 465 with volume, expect a move toward 470–471.70.
Rejection at Resistance: Failure at 467–470 area could initiate short setups back to 460 or lower.
Flush and Rebound: Drop toward 445 zone may attract buyers for a long opportunity back to mid-range (455–460).
Timeframe: 15-minute chart
Date: April 14, 2025
Tool Used: SpotGamma Levels Overlay
🟢 Long Targets (Buy Setups)
Target Price Level Equivalent NQ Level Notes
1st Long Target 467.28 19350 NQ Initial breakout target
2nd Long Target 470.00 19470 NQ Near the Call Wall (Max)
3rd Long Target 471.70 19530 NQ Possible zone for sales or taking profits
🔴 Short Targets (Sell Setups)
Target Price Level Equivalent NQ Level Notes
1st Short Target 460.00 19050 NQ Reaction expected from Call Wall (1)
2nd Short Target 454.00 18800 NQ Coincides with Call/Put Wall (5)
3rd Short Target 450.00 18600 NQ Strong area: Put/Call Wall (3)
4th Short Target 445.00 18430 NQ Possible buy zone at Put Wall (2)
🧠 Key Zones to Watch
🔴 Sell Zone:
471.70 — Very strong resistance. Confluence of volume trigger, call wall, and overextension. Potential for reversal.
🟢 Buy Zone:
445.00 — Strong demand. Put Wall and previous support levels suggest potential bounce.
⚖️ Middle Ground (Chop Zone):
455–460 — This is the consolidation/balance area where decisions are likely made. Be cautious here unless momentum confirms.
🧩 Technical Highlights
Volume Trigger: Around 464–465, indicating potential breakout momentum.
Gamma Levels: Neutral to bearish bias below 463 (Zero Gamma).
Call/Put Walls: Acting as magnets or rejection zones.
RB Structure: "RB Head" and "RB Bottom" suggest internal resistance/support pivots.
📈 Possible Scenarios
Bullish Breakout: If price breaks above 465 with volume, expect a move toward 470–471.70.
Rejection at Resistance: Failure at 467–470 area could initiate short setups back to 460 or lower.
Flush and Rebound: Drop toward 445 zone may attract buyers for a long opportunity back to mid-range (455–460).
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.