Qqqshort
SQQQScary looking chart isnt? But what if it turns? - You;'d enjoy 3 x the benefits
Every bear is dead. After today. I might join the club or might be the next Michael Burry.
Intermediate Market CorrectionThe entire market including the S&P500 and $QQQ bounced off of previous resistance levels and are now on their way down...check out the chart of the Q's.
QQQ...Trend not broken yetif it breaks below the channel, then Short.
Until then I don't see trend is broken yet.
I am LEANING towards short side, but not yet, given the earnings season and strong July month historically.
I have small size QQQ put diagonal which optimizes all directions of the market except strong bullish move.
Learn, Plan, Size and Manage.
This publish is not an investment advice. I am not an investment advisor. So, you are solely responsible for your actions on your money
QQQ SHORT
MFI oversold
MACD bearish
1 week, 1 month, 3 month tendencies already on the top leg.
Ready to bounce down.
QQQ is going for a correctionQQQ is setting for a drop. I am expecting correction to 61,8% of fibonacci which is 4% drop before going higher and make a new high.
NDX LONG - 14,440NDX. on a breakout - Using the. 8 dte options for the first time - Expensive but the move!
QQQ short if price breaks below $331.85QQQ is in channel...
Learn. Plan. Size. Manage.
This publish is not an investment advice. You are solely responsible for your money and your actions.
QQQ prediction for few months laterHelloo traders, here is my analysis for the triple Q chart and I believe it will continue growing steadily in the long run but it’s volatility will keep being higher than previous years as it was this year. I believe if the stock market doesn’t crash in the upcoming early 2022 crisis stocks will survive:)
QQQ Inverted Cup and HandleLooking probable but that doesn't matter. We'll have to see what the next few days say...
Nasdaq100 - SHORT; Most likely the Fnal Top. SELL it!!The SP500 and the Dow should fare even worse but ultimately, that's likely to be a little difference without distinction.
The SP500
s3.tradingview.com
QQQ 50% decline by EOY 8500 If QQQ has a 50% decline and goes to 8500 by end of the year(see chart), then TQQQ will have 150% decline and wipe-out entire positions. I think we all knew this was coming, just hope the newbies understand that TQQQ can go to 0 when you are dealing with 3 times leveraged funds. They had a great ride but the train is coming to a stop!!! Take cover!!! Feel free to express your opinions.
Time to short QQQ again!! 1st target 12,400Many things pointing to lower QQQ. The probability of QQQ going to 12,400 is much greater than QQQ breaking resistance. This is looking to me that it will selloff in the next two trading days. What are your thoughts? Please understand that this is for my own personal trading style. Please do your own due diligence and trade safe!!
QQQ Short Idea Hey everyone. Few thoughts on the previous moves on QQQ this past week. Looks like from our previous swing low to 297 in early March we have completed another swing high to 324 now in a corrective pattern moving down. Regarding fib levels, we had a meaningful bounce off of the 618 fib coming above the 38 fib. Previously we've seen this shoot up past the 23 fib before coming down to test the 786 fib... Of course, there is a potential to break this with more upset momentum but as it struggles around the 200 EMA + talk of a pullback in the tech sector overall + the Suez canal issue we may be set to visit 302-305 as soon as 3/31.
On a more macro scale, QQQ movement since November peaked at 338 in February... moving down to bounce off the 50 fib level of 297 in early March. We then shot up past the 23 fib and are now sitting right above the 38fib. I suspect we will still need to see our move down to the 618 fib (~294) before seeing any meaningful potential upside movement. Thanks and let me know your thoughts!
TQQQ Next stop 95! Charts don't lie!!Some great 5% shorts the last 2 days. Rinse and repeat. Tomorrow we are looking for it to touch at least 100 maybe 95. The big guys that move the market are slowly bringing this back down to reality. You can see the green down candles, the last two days. Definitely a pullback, but could be more.
I marked two key areas on the chart that will likely be hit tomorrow (price point and RSI).
Charts don't lie, so do not be fooled by the big boys manipulating your thoughts through the media and forums. Be careful what you read. There is most likely a motive. This year is a perfect example. Try learning before paying for a service. To win you have to learn and be disciplined.
Please do your own due diligence as this short is for my current situation. Question or comments are welcome.
Trade to Win!! Protect your profits!! Hard work = Good Luck
TQQQ if you don't short you might be in for an atomic Wedgie!!!Since Sept TQQQ looks like it's formed mini Wedge patterns inside possible Wedge ready to Form. The downside is calling to complete this atomic Wedgie Sandwich!!! Don't be tricked by the long play or the atomic wedgie will hurt!! This is only an incredible idea so please do your own due diligence! Comments welcome!
Listen to the TQQQ Megaphone "SHORT ME"Looking at the TQQQ hourly chart, you will notice that the megaphone is showing reward to the downside around 56. The upside is limited to about 114 area. What is the logical play? Comments?
Also the Yearly RSI is touching 80. What happened last time yearly RSI touched 80? Feb 20, 2020, Sept 2020 Kaboom!
Please do your own due diligence these are just fantastic recommendations!
Finally!! Clearest Picture on TQQQ yet! Follow the Money $$!!!TQQQ Wedge forming bouncing off resistance. Next spot $$$$!!! Please do your own due diligence this is just an amazing idea!!! Comments welcome.
short nasdaq, extreme divergencesNsadaq looks to of finally put in a short term top here for some profit taking a swing shorts if this wedge break holds. We can see higher prices being made with lower MACDH and RSI on the hourly charts good for some swing trading.
Stop at 13700 on the US100 chart. There are some levels of support so we have to be careful and take swing trades within 5 and 15 min charts on the way down.
I am of the opinion though the tech is way overbought and we might see some rotation into industrials as we come out of lockdown. So we may see a daily top short term.
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