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Qqqshort

QQQ, ICT Short Setup, small lot👋Hello Traders, Our 🖥️ AI system detected that there is an H1 or higher timeframe ICT Short setup in QQQ for session trade (a couple of hours) Here is a session trade idea (since it is near support surface, we should use small lot size) Please refer to the details Stop loss, FVG(Sell Zone),open for take profit. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
NASDAQ:QQQShort
by ICT_Trader_SB
1
🌟📉 Short Trading Setup on QQQ Chart—ICT Analysis! 📊💼Let's dive into an intriguing trading opportunity on the QQQ chart with a short setup based on ICT analysis. Get ready for valuable insights and potential trading strategies. 🚀📉 📉 Downtrend Formation: Upon careful examination, it becomes evident that QQQ has formed a lower high and lower low, signaling the establishment of a downtrend in the H1 or lower timeframe. This bearish pattern suggests a potential opportunity for short trades. 📉🔻 💡🔍 ICT M15 Short Setup: Delving deeper into the chart, it becomes quite apparent that a compelling ICT M15 short setup is in play. The price action and key indicators align, indicating a favorable scenario for short trades. This setup presents an opportunity to capitalize on the downward movement and potential profit. 💡📉📊 🎯 Target and Stop Loss: For this short trading plan, we have set a target at $443, representing the level we anticipate QQQ to reach during the downtrend. To manage risk effectively, we recommend setting the stop loss at $448. This ensures a risk and reward ratio of either 1 to 1 or 1 to 1.5, depending on your preferred approach. 🎯⛔💼 Embrace this short trading setup on the QQQ chart, guided by ICT analysis. Remember, trading carries risks, so always exercise caution and diligence. Make informed decisions based on your risk appetite and trading strategy. Let's maximize the potential and aim for profitable trades! 💪💼💹 #QQQ #ICTAnalysis #ShortTradingSetup #TargetandStopLoss #RiskRewardRatio 📉📊💱
NASDAQ:QQQShort
by ICT_Trader_SB
QQQ to $392Trading Pattern QQQ has formed an ascending channel which may prove to be very lucrative for derivative trading. Utilizing Elliott Impulse and Correction Waves within the support and resistance lines, Wave 4 may dip as low as $392 which is a few dollars shy of a 61.8% Fibonacci retracement level. Technical Indicators A bearish RSI divergence has been present since the share price surpassed $400; the RSI highs retain a negative slope while the share price highs have a positive slope (both reflected in yellow). This supports the Elliott Wave Theory and ascending channel pattern as the share price is currently at, or soon approaching, the crest of Wave 3 as well as the ascending channel resistance line. QQQ may experience a slight bump upwards indicated by the RSI line (green) which appears to be close to crossing the MA line (red) from beneath. However, due to its close proximity to overbought territory, I believe selling pressure will begin soon after as might be indicated by the MACD. The MACD technical indicator shows a tightly wound MACD line (green) and Signal line (red). The MACD line is within dangerous territory of crossing its Signal line from above which is a bearish indicator and suggests an increase in selling pressure followed by a correction in share value.
NASDAQ:QQQShort
by Shepherd_Investor
6
$QQQ 2024 downside price targets + timingIt's very tough to forecast price + time and get the exact timing and price targets correct. However, I'm going to attempt to do so. Over the next year, I expect NASDAQ:QQQ to fall somewhere between 35-50%. If the move that I'm expecting plays out, we'll be right around a 50% drawdown from the current levels. The chart attempts to forecast time and price levels that are important over the coming year (2024). Each grey box represents a price level that should get hit within that timeframe. Again, this is extremely hard to do accurately. Often I do these for myself just to try to anticipate large changes in trends, but I thought I'd share this publicly as it would be fun to follow along over the next year. Essentially what I'm forecasting is one more move up before the end of the year. It should happen before Christmas, but I'm allowing myself some extra time. Then Q1 should be extremely bearish for the markets with the largest leg down during that time. There are two scenarios that I'm looking at. Either we hit the lower targets all in one move $205-218, then bounce afterwards (this scenario would be the bottom), and we'd retest that lower range in Q4. Or, we hit $246-255 and then bounce into Q2 and fall further in Q4 marking the final bottom. Regardless of which one plays out, you'll want to buy equities in March/April and then again in October/November. Q2 and Q3 we should see a bounce where you'll likely want to take profits on the way up. Let's see if it plays out as anticipated.
NASDAQ:QQQShort
by benjihyam
7
QQQ NEW LOWS INCOMING!Hello, fellow traders and investors! There has recently been a leg up in our bearish channel creating what we anticipate to be a lower high. There is plenty of uncertainty in the economy at the moment whether it be the wars in Russia/Ukraine or Israel/Palestine, upcoming interest rate decisions, the fed's approach to their balance sheet and applying quantitative tightening, etc... All that to say Rise Capital believes we are at overbought levels and are actively pursuing strategies to take advantage of the bearish movement that is soon to come. We will be taking different approaches like shorting qqq, getting put contracts on qqq and buying shares of sqqq. SHORT QQQ Entry: 367.71 Take Profit: 342.20 (Partial profits can be taking off depending on price action) Stop loss: 373.75 Risk/Reward: 4.3
NASDAQ:QQQShort
by RiseCapital
6
Michael Burry Executes Massive Short of SPY and QQQIntroduction: In recent news, renowned investor Michael Burry has made waves by executing a massive short of the SPY (S&P 500 ETF) and QQQ (Nasdaq 100 ETF). Burry's move has garnered significant attention, raising concerns about the future performance of these major USA stock market ETFs. This article aims to provide traders with a cautious analysis of the situation and present a call to action for those considering shorting these ETFs. The Burry Effect: Michael Burry, famously known for his accurate prediction of the 2008 financial crisis, made a bold move again. By shorting the SPY and QQQ, Burry is signaling his belief that the current market conditions may be overvalued or potentially face a correction. Traders should take note of his historical accuracy and consider the implications of his actions. Understanding the Risks: Understanding the associated risks is crucial to approach any investment decision thoroughly. Shorting ETFs like SPY and QQQ involves betting against the market's overall performance, which can be highly volatile and unpredictable. While Burry's track record is impressive, conducting independent research and analysis is essential before making investment decisions. Considerations for Shorting: 1. Diversification: Traders should ensure their portfolios are well-diversified, spreading risk across various asset classes and sectors. Shorting ETFs like SPY and QQQ should be considered a strategic move within a broader investment strategy. 2. Risk Management: A clear risk management plan is crucial when shorting major market ETFs. Setting stop-loss orders and regularly monitoring positions can help mitigate potential losses. 3. Expert Advice: Consult with financial advisors or professionals specializing in shorting strategies. Their expertise can provide valuable insights and guidance tailored to individual trading goals and risk tolerance. Call-to-Action: Proceed with Caution Considering Michael Burry's recent shorting activity, traders are encouraged to proceed cautiously when contemplating short positions on SPY and QQQ. While Burry's reputation for accurate predictions is noteworthy, conducting thorough research and analysis is imperative, and assessing the potential risks and rewards associated with such trades is imperative. Ultimately, the decision to short these significant USA stock market ETFs should be based on an individual's risk appetite, investment strategy, and market outlook. Traders should carefully weigh the potential benefits against the inherent risks, seek professional advice, and consider alternative investment options. Conclusion: Michael Burry's massive short of SPY and QQQ has undoubtedly sparked interest and raised questions among traders. However, it is crucial to approach such investment decisions and conduct thorough research cautiously. By considering the risks, diversifying portfolios, and seeking expert advice, traders can make informed choices that align with their individual trading goals. Remember, shorting major ETFs is a complex strategy that requires careful consideration and may only be suitable for some.
AMEX:SPYShort
by bryandowningqln
QQQ: I might be wrong (Inverted Chart)I have been a staunch bear since about March. Since the lows expected a nice bounce but that we would resume the downtrend at some point. Nothing has convinced me that this market would not do anything besides have another period of pullbacks, until I inverted the QQQ today. From this perspective, I cannot help but see the very real possibility of a double top at the very least. At that point though, there is no reason we couldn't keep going and make new highs. The macro economic conditions are not ideal in the slightest but this might be the kind of bull that is largely absent retail and will say that way until we actually start to top. A bull, minus retail, is what this looks like. You are not having investors capitulate easily at all. Buyers have been positioned large and they plan on staying there for a while. Very hard to say. This is by far the hardest market to judge, that I personally have participated in. I am thinking about taking some long positions in certain companies, maybe even the Qs but I will be doing so cautiously.
NASDAQ:QQQLong
by Goontata84
1
QQQ ThoughtsJust some thoughts on NASDAQ:QQQ moving into the second half of the year. As you can see on the posted chart: -Gap in the daily chart around 360-361. -Approaching 0.786 retrace from March 2020 low. -Approaching underbelly of trendline from Feb 2020 high through multiple touch points. -RSI entering overbought territory on the weekly timeframe. Currently overbought on the daily timeframe. -Stochastic Oscillator just about maxed out on the weekly timeframe. My opinion: I think there is a small amount of room left on the chart to push higher one last time to potentially fill the specified gap, move the RSI a little higher on the weekly timeframe, and tag the underbelly of the trendline. However, that is no guarantee and since we are so close I'm OK with shorting aggressively via the $NASDAQ:SQQQ. I initiated a 50% position after market close yesterday (26May2023) and I have reserved the other 50% to add if we do in fact move a little higher. This is not recommendation on my part, I'm just sharing my trading plan. I would cut my losses if we closed and confirmed over 371.50, which would be the next local top to take out. Let's see how this plays out and I will provide a follow-up later in the year. Good luck all and happy trading.
NASDAQ:QQQShort
by goodatthis
3