Qqqforecast
QQQ has bounced back but will be tested at around 352
This post is an update of the Jan 16 forecast
QQQ has bounced just above the precalculated level at around 334 and will be tested at 352
The Major levels to watch are around 342, 334, and 352.
QQQ needs to clear the resistance line at 352 to continue up.
The charts' estimates are automated through a system that predicts critical levels of future price movements.
QQQ / Nasdaq / NQ - Interesting Perspective w/ Parallel ChannelsHere is an interesting perspective - if you're familiar with pitchforks and parallel channels and how to appropriately use them, here I'm using the similar knowledge of that mixed with parallel channels to create this. Pay close attention to the circles and how many times it entered that channel and broke out.
A trading channel is drawn using parallel lines that follow the price floor (support) and price ceiling (resistance). With a trading channel, smart traders sell stocks at the upper resistance line, hold stocks within the parallel trend lines, and buy stocks at the lower support lines.
NASDAQ:NDAQ NASDAQ:QQQ
Bullish Bat harmonic on QQQI'm new to harmonics so posting this more for my research to see if it plays out. It meets the rules to be a bat if it hits the PCZ which also would be the 50MA on the weekly with hidden bullish div on MacD. Idk, I think this has a high probability of playing out boys. Lmk what you think down below please!
Correction in QQQ IS NEARING AN END MOVE BACK INTO LONG SIDE The chart posted is the QQQ of which topped now 23 time cycle peak we are now at the tail end of the correction it time and nearing the end of price I do not see more than a 360 print in fact I an long at 50 % and now have added options for july and sept best of trades WAVETIMER
Nasdaq Analysis 03.01.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
$NDQ #QQQ $QQQ pulling a Wu-Tang patternlooking at the 1hr chart, there is a classic W pattern formation going on here. December was a tough month for tech, and looks to be finally recovering. This weeks moves show a break above the prior down channel, with tightly wound consolidation. TBH I see this going in either direction, but with the tax loss harvesting done for 2021, my money is on volume buy-ins this month, with a beginning of a reversal in March when tapering is ending and rates are set to go up.
NFA
Nasdaq Analysis 14.12.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
QQQ - Nasdaq heading to find support on 100 MAHi All, my main 3 take-outs from this analysis are the following:
1- Price might be trying to find support at around 15400 where the 100 MA stands
2- In case the 100 MA will be broken, we always have a static ascending trendline at around 15100 which might reject the price as it happened several times in the past
3- Last support might be the dynamic support of the 200 MA, at around 14500, which I personally do not believe we'll be reaching
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
QQQ slipped below the 200 MA after a volatile week
QQQ closed Friday's session within the 383 and 378 trading zone below the 200 MA line. We a likely to see a test of 383 line in Monday's session. If 383 is taken out, 385 would be the next resistance. 380 and 378 are support levels to look out for if it fails at 383
QQQ Thoughts about a big price dropThese are my thoughts for QQQ
In yellow is the structure that is common in two places
In green is the extension from that structure
Both are very similar in length (time wise)
Using this we can apply it to the second "structure"
If we apply a big price drop (bars pattern) it shows a large wedge structure with three bottoms along the wedge.
Short / medium term this would be very Bearish. However, long term a formation like this is setting up price for big times.
The ultimate entry point if this plays out is along the bottom of the wedge (dotted line)
SVM after consolidation showing "HEAD & SHOULDERS" - ready for ^Silver and SVM has consolidated to new lows in 2021. Await FED printing program QE to float more QQQ.
SVM showing head and shoulders after retracing that should break upward from current position. Silver will need to get back to $25, or $28 range for really good up.
Just my opine, trade at your own risk as call for Jan in the money, or buy due to inflation of FED printing program. Hard to have $3.4+T budget without more paper...gold std long gone.
@Pokethebear Love to hear from the Metal Bears and Bulls.