slower growth for 2022? $spy $qqq $diahigher inflation and supply chain issues going to reduce sales growth in 2022?
TQQQ
Uncertain timesFrom here everything is possible.
I sold friday evening the SQQQ I bought wednesday (+8.82% in two days...).
And you, where do you think the market is heading?
Forecast for nasdaq until 2023Q2I expect that the index is either waiting for explosive growth, or it will eventually roll back to a mark closer than 12,000 points.
In any of these situations, you can start buying a short or long position.
PS And of course it will be interesting to see if I'm right or not.
$TQQQ Weekly chart$TQQQ Weekly chart
If this hits 66.72… I’m short the entire market
Let’s go, y’all… whatever happens… it’s just another day on wall st…
I’m holding that we’re only halfway down…
Let me know your thoughts!!
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I have a huge tolerance for volatility so please know that. If you’re new to my trade setups please try them on a small scale first. Then go in with a risk you’re comfortable with.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time)
And most importantly… Have fun, y’all!!
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New bullish channel for N100 and SP5002 entries (one aggressive and/or one filtered), at the end of the two biggest previous crash...
I bought NDX at the closing price (15018), with a stop-loss at -3%, and I advice to put only 20 to 33% of the money to have a risk below 1% (the past weeks were all doom and gloom and we do not know for sure what could happen next...)
If you want to download an excel file for what happen to NASDAQ:NDX and AMEX:SPY after one aggressive entry + a second entry on the past 10 years+, download this file:
docs.google.com
If you like the idea, say it! :)
$TQQQ Trade update$TQQQ Trade update
All 3 average down targets were hit from the last trade setup and I bought at every level...
New average 55.89
New sell target 66.72 for 19.38%
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time)
Have fun, y’all!!
(\_/)
( •_•)
/ >🚀
Nas bottom should be in until at least 15k testThe daily Stoch is crossing up the RSI; and the RSI is crossing up it's own MA. Every time it's done that in the past few years it's been a bottom. Sometimes a bit of selling for a few days afterward, but long term it's been a buy signal. Also it seems to have found support on the 400D EMA. We might see the bear return for February Monthly options expiry the week of 2/18, or 15k resistance. This could also be leg 4 of 5 down.
Short $TQQQ $144.07Short $TQQQ $144.07. Heavy sell off in named technology stocks pulling down $TQQQ. Downtrend will continue in my opinion. Trading below major 50 SMA support. Previous breakout level of $151 will act as resistance now. No support found till $137 area which is my target 1, followed by short target 2 of $129 area. $125-$130 are is also 50 SMA support on weekly chart.
TQQQ Trade idea for this weekif 48.20 holds off the open, I will be looking to go long off of a retest of the area.
There are two levels of resistance that may make this more of a swing trade if we barcode in consolidation or capitulation.
Lot's of earnings data this week and Wednesday Fed, hawkish stance.
MSFT had some negative action after market with a host of other Blue chip tech reporting soon
AMZN and many others looking bearish, looking for bottoming signs...
I will be keeping a very tight stop on this trade, as I am more Bearish than Bullish and will most likely also be playing the SQQQ
TQQQ Long OpportunityWait for TQQQ to bounce around on support and use it's leverage to get a fantastic gain over the course of a month and a half or so. You may have to wait until after the FOMC meeting for a real change in direction but this is a great discount on leverage. Basically hold until you hit some kind of resistance, may take 3 weeks to get there after support is found.
A nice swing trade with the help of $tqqqTech as a whole has gotten a beating as of recent. However tqqq is looking for a beautiful swing bounce looking at feburary calls, what does everyone think?
$TQQQ Key Levels, Analysis & Targets $TQQQ Key Levels & Analysis and Targets
I’m going to buy at Target 1… double if it gets to Target 2… Double again if it gets to Target 3… Even if it just hits the first 2 It will make for a mean swing…
GL, y’all…
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I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2.
——————
I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time)
Have fun, y’all!!
(\_/)
( •_•)
/ >🚀
nq1! over night will shape the week (tqqq)nasdaq futures are looking pretty troubled right now, and if we see a large enough gap down and break last weeks low this could spell out further weakness in the index which could last into march
volume has refused to drop off, and if we see another spike it will probably be selling
taking out fridays high probably opens the gate to $76, and additional volatility likely will take us on another trip back to $66
somewhere ina that range is the perfect hourly oversold condition to dip buy, and touch of aavwap/vwma without follow through is usually pretty good resistance to topfish
TQQQ: Major Correction Coming? What Whales See...A major correction is due and would be healthy, I would begin buying again in the 50s if it gets there. A slowing economy, tightening monetary conditions, inflation, and pandemic uncertainty will cause many to take their profits. The recent split has made all of my previous chart work useless lol... Psychologically, a lower price number will lure noobs into buying, which can fuel a potential sell-off. Apart from the fundamental noise, the technicals show that this index is way too hot. The MFI shows that money has been quietly leaving, while the RSI continued to rise. The VIX is also rising, and the fear index is changing. When we combine all of this, a short position seems logical. Let me know any thoughts or comments. Cheers.
$TQQQ Target 65 $TQQQ Target 65
I’m kind of excited about this split. I’m not sure why… it literally changes nothing. A few buy targets set for my long position and when they hit I’ll be looking to sell some puts to collect some extra premium…
I honestly haven’t traded TQQQ in a bit so I’m excited to have it back on my list…
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I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2.
——————
I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
(\_/)
( •_•)
/ >🚀
NASDAQ Still BullI think we will see upward continuation here if buyers can sustain. We have a inverse head and shoulders with a low shoulder profile and if I am correct we should break up rather quickly to $158. NFA, DYOR.
TQQQ Long term bearish outlook!! Not a Financial Advice !!
I hate to say this, but to my limited understanding, TQQQ and QQQ might be long term bearish.
I think we are going to form the right shoulder. I have long positions and I pray for dear lord of stonks that we can see $165+ again so I can pull out :))
FIB Extension also confirms this.
What is your opinion? Please let me know in the comments!
TQQQ Will continue to up side or pulls back more?!! Not a Financial Advice !!
Today was a bit of relief as the market pulled up after Wednesday's bloodbath.
TQQQ Has major support in the $140 area, local support of around $145.
Strong resistance around $155 is between us and a sweet profit at 0.5 FIB level in the chart around $170.
setting up the day in (tqqq)i think were in for continued volatility in nasdaq futures midweek this first week of 2022
before the week is out i expect there to be several runs down towards the lows even if we open higher or especially so
its for this reason that i am focusing on the long side as contrarian dip buys come in banking on the likelyhood that the end of the santaclaus rally results in a bounce
as long as we respect the 162 area the long side of things makes sense should we break down below 161.33, set a lower high and trend lower i would be interested in shorting tqqq down to the .5 of extension which is 159.87
for right now my forecasts range between 161.36 and 165.93
tightening range could break either way (tqqq)if we dont acheive reversal by breaking 163.09, setting a higher low and confirming the trend change we will certainly bearflag on the potential for daily continuation
long target 163.63
short target 161.48
nasdaq futures volatility shouldnt last (nq1!)as long as we stay above the 16200 area i think volatility shouldnt last long and most people are buyers of calls where they are cheap
tightening range breaking bull so far (tqqq)nasdaq and tech bulls are breaking out of this mornings tightening 15 minute range
with a clear break to the upside and hourly close above rising support and sinking resistance could result in prices above 170
macd/rsi heqding toward overbought signals are above indicator
nasdaq futures (nq1!)tqqq and the like should be good to hold until some point tommorow until its above 16474
