HAPPY HOLIDAYS! Stock Market Weekly Preview: Dec. 23rd 📊Stock Market Weekly Preview: Dec. 23rd
NASDAQ:QQQ AMEX:SPY AMEX:IWM
In this video, we’re talking about:
🔹Stock Market & Overall Forecast
🔹Lessons Learned this past week
🔹Technical Analysis: H5 & Williams CB
🔹Current Trades
P.S. I'm getting coal for XMAS because I lied about it being a short video. 😅
Let’s dive into this Holliday Week! 👇
Qqqforecast
Doubt Me If You Want, But My Strategy Speaks for Itself!NASDAQ:QQQ AMEX:SPY
Do you see how my Williams CB is one of the best strategies out there for predicting markets short & long term moves? How coupled with my H5 trading strategy it gives me the best chances to beat these crazy markets.
Two weeks ago we were at the top and called for a no more than 3% market pullback. I was wrong and right at the same time. We got a pullback but it wasn't what I anticipated but who anticipated the FED nuking the markets yesterday? Nobody but the FED.
I show you this so you understand when we get to the barrier we don't know what it's going to be that pulls the market back or causes us to consolidate and peel off the red barrier. BUT, we need to understand where we are at and that running into the barrier is not the time to be adding to trades or exploring new ones. It's the time to take profits, consolidate, and maybe hedge a little.
I'm not putting this out to be applauded or to act like I'm some type of Oracle. I simply want to show all my friends who have decided to stick it out with me the last few days when others chose to leave that you can entrust in my strategies and I will teach you everything I know so you can beat the markets on a consistent basis too!
#GOLD XAUUSD ALL TARGET HIT SAME LOOKOUT CHARTXAUUSD has showcased exceptional precision, with the chart reflecting a clear trend and all designated targets being successfully achieved. A textbook example of strategic planning and execution, highlighting the power of technical analysis in forecasting market movements.
QQQ | Pullback Opportunity with Continued Growth PotentialWelcome back! Let me know your thoughts in the comments!
** QQQ Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Views Of Gold New Weeks ☄️Overview of the new week's gold market☄️
➡️Currently, the gold price is still in the side ways area in the large frame H1 and H4. They will break the 2700 area and return to the 2644 - 2641 area, we will Buy.
➡️And if we break the 2580 area and return to the 2620 area, we will sell
➡️Next week we will Buy and Sell in the area 2661 - 2615 until there is a price breakout and we will apply the above prices.
✨Wishing you a happy and happy weekend with your family✨
QQQ & the market are heading higher! BULL RUN CONTINUATION! NASDAQ:QQQ and the overall markets are heading higher based on our High Five Setup Trading Strategy and what the charts are telling us!
- Ascending triangle breakout_retest_next is higher. This was a tricky one as we broke out and over shot the rest area but we are now back above the breakout area and set for ATH push this upcoming thanksgiving week IMO.
- Dropped down to our support zone and caught a bid as we anticipated due to AVP shelf and the 9ema.
- Williams R% needed that pullback last week, and now we have a retest of support and a bounce higher in our consolidation box. Giving us a strong signal we will build on the week we just had and head towards ATH's once more.
Measure move for the Ascending Triangle is:
$560
Measure Timeframe is:
March2025
For everyone that is calling a TOP across social medias. I say NO SIR! The charts DON'T LIE!
NFA
Nasdaq100 ETF - $QQQ - LET ME TALK TO YA!Nasdaq100 ETF - NASDAQ:QQQ - LET ME TALK TO YA! 🗣️
The charts know better than any FUD FURU just using whatever data to get their point across (metrics, valuation data, economic data, and valuation formulas). Unless you can get everyone on this planet to align to include the charts you or me don't know what this market will do at the end of the day/week/month/year!
Now that we got that out of the way as a follow up to all the fear spreading top callers, lets talk about the charts!
Just like with NASDAQ:AMZN we need to give room for retests, we had an ascending triangle, our H5 Indicator stayed green and so we gave the candlestick and ascending triangle pattern retest some wiggle room! Thus allowing for the bounce off the H5/ 9Ema and breaking back out over top of the pattern which is HIGHLY BULLISH as we have a successful retest now. I expect to claw back to ATH's now very soon!
Williams R% is also respecting the consolidation box and uptrend at the same time as seen on the chart. No bullet points just a lot of words and thoughts! Here's a chart too:
🎯$560
🎯$580
NFA
QQQ I Continued growth within the ascending channelWelcome back! Let me know your thoughts in the comments!
** QQQ Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Market insights & Where we are heading on the $QQQ $SPY $IWM 📊 Market Insights & Future Trends: NASDAQ:QQQ AMEX:SPY AMEX:IWM
In this must-watch video, we’re diving deep into:
Market Direction: Projections for where the markets are heading this week into year-end.
Potential Catalysts: Key events and factors that could cause significant market shifts.
My Secret Tools & Strategies: An inside look at the methods I use to anticipate market moves.
Ready to get ahead of the game? Let’s dive in and uncover the insights you need to stay informed and strategic!
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QQQ - GAP Fill QQQ - Gap Fill.
Will we be seeing this Newley formed gap that has occurred this week be filled in the next coming weeks?
We can see from 6th of May this year that a gap occurred and we waited a 3 months for this to be filled. Giving a great support zone for future price.
End of October we did see a gap that happened and it took just 1 month for this to be filled Including great pump through giving us a good support for our Newley supported Gap.
This would be a great opportunity for the investment traders / swing traders to get a hold off and keep buying till this gap has been filled.
We do have 2 VWAP anchored on this chart High and Low all showing positive turns to fill this gap in the upcoming weeks coming to Christmas market close.
How to PREDICT MARKETS! Tops and BottomsIn this video, I go over the following in great detail:
Predicting Markets with Williams %R, RSI, and MACD
Predicting market movements can be challenging, but combining the Williams %R, Relative Strength Index (RSI), and Moving Average Convergence/Divergence (MACD) indicators can provide powerful insights for traders.
Williams %R measures the current closing price relative to the high-low range over a specific period, helping identify overbought or oversold conditions. RSI gauges the speed and change of price movements, also indicating overbought or oversold levels. MACD analyzes the relationship between two moving averages of a security's price, identifying potential buy or sell signals.
By using these three indicators together, traders can:
Confirm Trends: When all three indicators align, it strengthens the signal for a potential trend continuation or reversal.
Identify Entry and Exit Points: Overbought or oversold signals from these indicators can help pinpoint optimal entry and exit points.
Reduce False Signals: Combining multiple indicators can help filter out false signals, increasing the reliability of predictions.
$QQQ: The election is over, here is where the markets are going NASDAQ:QQQ NASDAQ:NDX
The charts say we are in a FULL on BULL RUN!
Cup n Handle Measure Move hasn't hit yet at $560, the measure time is out until Feb2026.
Ascending Triangle Breakout is happening now with a measure move to $580 by March2025.
Also, a #HIGHFIVESETUP and why I pointed out that we would bounce on Halloween and hit ATH's this week.
Like and Follow for more setups, we are just getting started.
NFA
#trading
$QQQ $NASDAQ : WE WILL BE AT ATH'S NEXT WEEK. HERE IS THE CURE! NASDAQ:QQQ NASDAQ:QQQ WE WILL BE AT ATH'S NEXT WEEK. HERE IS THE CURE!
In this video, we will discuss the following
1.) We will look at the technicals and charts while going over multiple indicators and patterns pointing us in one direction on the markets...HIGHER
2.) Stick around to the end of the video as I give you the CURE to the markets' 3-5% pullback from recent highs, which will indeed take us to ATHs next week!
Drop a comment below if you learned something new or want a deep dive into anything discussed in this video today.
Stay tuned for more.
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NFA
Semis may be ready to surge.NASDAQ:NVDA has reclaimed most daily supply and may trade into the earnings high if it can reclaim this week's range. NASDAQ:SMH has similarly reclaimed the daily 50 SMA and will go higher upon confirmation of the daily 100 SMA supply. Higher prices in semiconductors, such NASDAQ:AVGO as well, may help NASDAQ:QQQ follow AMEX:SPY to a new all-time high.
Nothing More Than What I See!!!Well folks, I really put it out there today... 4 chart expectations...
Last but not least, let's talk about NASDAQ:QQQ I am about a week late to this party and may have to readjust sooner than later on this one...
I laid out some support levels in dark blue...
Looks like Sloping Support is in tact...
Visual test of Triple Top, does it break upward from there???
Anyone ever heard of Higher Lows???
I am Very Comfortable snagging NASDAQ:QQQ 494C expiring 9/27 on another Run To ATH
Again, I don't know a darn thing... I'm just sharing what I see... Sorry for yall, the optometrist says I need glasses!!!
I am by no means a professional investor, stock analyst, or financial advisor... I am a tier lower than an amateur beginning trader, so please do not jump into any recommended trades without doing your own research!
TSLA daily chart shows clean channels for trading this week.NASDAQ:TSLA has clean channels on the daily chart, both to the upside and downside, for trading this week. TSLA closed just below the daily 10 SMA, which is the next key supply it must reclaim before going higher and potentially testing the daily 325 SMA and daily 50 SMA just above that. If it can reclaim the daily 50 SMA, along with NASDAQ:QQQ building a strong base above its own daily 50 SMA, then TSLA will be in a strong position to push higher to the daily upper Bollinger Band, while continuing higher on the C to D leg of the Gartley harmonic discussed previously.
Alternatively, if QQQ continues to reject the daily 10 SMA and loses the daily 50 SMA demand, TSLA may lose its daily 200 SMA. This would invalidate the Gartley harmonic and TSLA would trade down to the next daily demand, which is the rising daily 100 SMA. I continue to be positioned long into next week, because I believe the upside potential is stronger on this name; however, it is important to always be prepared for both bullish and bearish scenarios in order to execute with confidence during the trading day.
QQQ In it's next bull run.
The CDV doesn't lie, along with a confluence of multiple momentum and volume indicators. Short of a black swan even it appears QQQ is headed to new all time highs. It was looking to form a head and shoulders on the daily, but you can see price broke the neck line, and has even came back to retest.
QQQ Nasdaq 100 ETF PredictionIf you haven`t bought the last dip on QQQ:
Historically, the QQQ Nasdaq 100 ETF has demonstrated a consistent pattern where a Relative Strength Index (RSI) at or below 30 triggers buying activity.
This technical indicator, typically viewed as signaling an oversold condition, has reliably attracted investors looking to capitalize on perceived undervaluation.
As a result, these dips have been quickly bought up, suggesting a strong market tendency to rebound from such low RSI levels.
I expect the recovery to be V-shaped or W-shaped, ending the year higher.
Elliot Wave Analysis/Prediction of QQQ Chart (Monthly Timeframe)Overview
The Invesco QQQ Trust (QQQ) chart presents a well-defined Elliott Wave structure over the long term, suggesting a robust bullish trend. Additionally, the RSI is indicating interesting channel movements that reflect changes in market momentum.
Key Points:
Elliott Wave Analysis:
The chart displays a clear Elliott Wave pattern:
Wave I started the initial uptrend ($168-$407)
Wave II was a corrective phase, resetting the trend. ($407-$254)
Wave III marked a significant bullish run, reaching new highs. ($254-$550expected)
Wave IV will be a minor corrective phase with support around $450-410 before the anticipated Wave V.
The potential for Wave V suggests further upward movement, continuing the long-term bullish trend. From the lows of Wave IV, we expect to see 80% appreciation before May 2027
RSI Trend:
The RSI is currently around 72.00, which is in the overbought territory, indicating strong bullish momentum.
The RSI has been moving within a rising channel, suggesting increasing momentum over the recent months.
Historical RSI movements show that the QQQ tends to pull back slightly when RSI reaches these levels before continuing the upward trend.
Support and Resistance:
Immediate support can be found around the $450-$410 level, aligning with the previous consolidation zone and the potential Wave IV corrective phase.
Resistance is projected at the current all-time high around $483, with further potential to reach higher levels if Wave V unfolds as expected.