To catch a knife... QQQOk, I'm a little bummed I didn't make an idea sooner because my dowsing (as in with a pendulum) nailed the high on both SPY & QQQ. It is documented online, however, so I'm not making this up after the fact fyi.
I had mentioned at the time (around 2/23) 11 days to hit the lower target in SPY (I'll do an idea for it as well). Wednesday is the deadline, though I don't put a ton of faith in these things, dates typically are things to watch in my work and can be reversals.
On 2/26 I worked on what to expect for the first week in March. The message was it goes down, but there's a "scene of the crime" trade, spike down and low on... Wednesday the 5th! When I ask what does this look like, I get "v-bottom".
My dowsing now keeps repeating there will be a small move up to sell into if we get a significant move away from the 503-04 area.
I did my best to get levels, but obviously this is some woo woo kinda stuff, so it can be miraculous at times, and others a complete cluster. Definitely watch Wed. & the 468 area. Ideally, the time and price align for higher odds I'm correct. If we bounce, I'll try to find an upside target. There is also a lower target around 432, but I didn't dig into that much.
QQQ trade ideas
3/31/25 - $qqq - Correlation 1... no more protection 4 me3/31/25 :: VROCKSTAR :: NASDAQ:QQQ
Correlation 1... no more protection 4 me
- bought back all my (covered calls) on the "rental" book, which is NYSE:VST , NYSE:UBER , NYSE:DECK , NASDAQ:BLDE , NASDAQ:GAMB as i'd rather take the 15-20% downside on what I believe are stocks that have at least 2x this in terms of upside into YE at this pt. esp in a quarter-end tape that simply looks "scared"
- and i hear you guys that r saying "Bessent" told you more pain to come and "yes", but we shouldn't be believing anyone at this stage, friends. Think critically. here are some pts:
- on my S&P math, the average stock is now down 20% from it's peak. i've writtent extensively about VIX mgmt and mag7 as a component of this equation. we've seen diff sectors, stocks and most importantly mag7 rotate seats (from cold to hot) at varying points in order to smooth the index. therefore, the index is the illusion here. "only an 8% correction" is meaningful in the above context.
- i've reviewed all 500 of the S&P stocks in the last month, and on my thinking, about 80% of them are pretty obvious buys from a MT (nevermind LT context), let's describe MT as 12-18 months. that's not to say there isn't more downside, but buying the index at this pt (to low-IQ and chill) means you'll probably enter pretty well here
- and the narrative/ thinking around AI is probably correct that "a lot of things are going to get demonetized especially software". but the mkt is currently confusing a few things. when we are correlation 1... the market says "all AI-related plays are losers" and that's objectively false. perhaps there will be more losers than winners, because this game of scale is one we haven't seen before. but when you're, say, selling something like NVDA that can't even meet it's chip demand for the next 2 years, trading at 4% FCF yield and growing >20% a year (probably 30-40% CAGR on my conservative math) versus a 10Y being forced lower and you tack on reinvestment risk to trying to "time" the NVDA bottom (which is *probably* at most 15-20% lower)... i'd contend - you're doing it wrong - or you think you're god. nobody times the bottom. we risk manage upside and downside risks with the book.
- so acknowledging tariffs matter, rates matter, short term speech drives emotion. take a step back. i'd argue we're much closer to the bottom than the MSM will let on, as they're index-only thinkers.
- what i'm really looking for is an open below lows (like we had today) and a massive red to green reversal. those have marked all major bottoms. again. we might have a few of these b/c we are in a whacky tape, but that sort of move should be taken into account.
- one more point. seeing my favorite position NASDAQ:NXT dump nearly 6% at the open on "flows" and get rebid basically non-stop until i'm currently writing this... tells me most of what you're seeing is quarter-end balancers, so don't lose the signal through the noise.
- i bought more OTC:OBTC today to top off too, even tho volume light (i'm probably 100% of that volume today already). limits only on this thing.
- most importantly keep your head screwed on. last man standing without getting emotional wins, always. been here, done this. it never gets easier. but you learn to control your emotions. so take a step back. if you're sweating, take some exposure off, you're too big. but if you've made it this far, don't give up. assets > liabilities in this world. and the USD is ultimately a liability. never forget that. the goal isn't to accumulate dollars, but assets.
V
FREE $QQQ Day Trade Setup!🚨 FREE NASDAQ:QQQ Day Trade Setup:
Break below $460.71 (Pre-Market Low)
🎯 $458/ $455
Options: April 1st $460 Puts
Ride H5_D on 2Min. chart. (Close above H5 is an Exit)
Retest PDL (Friday Low) = Look for a rejection
🎯Pre-Market Low
Play April 1st $466 Puts
Not Financial Advice
QQQ: Bullish Continuation & Long Trade
QQQ
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy QQQ
Entry Level - 468.97
Sl - 457.71
Tp - 491.73
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
QQQ Will Explode! BUY!
My dear subscribers,
This is my opinion on the QQQ next move:
The instrument tests an important psychological level 468.97
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 488.44
My Stop Loss - 457.91
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
My market direction guide with extended-hour. Work best for >+1 day till expiration contract. (SWING)
Personal Interpretation of Indicator:
5MA=yellow(scalp trend)
20MA=orange(pullback of a larger timeframe’s 5MA trend)
I read how previous candles are behaving around 1hr 20MA and use pullback test rejection for direction signal. (Trade Planning, knowing the MA are align with larger timeframes like 4hr or day)
Then, I use 15min 20MA pullback test with wick rejection to find cheaper price entry.
Possible Similarities to 2022 Bear Market QQQ Weekly Chart. Very similar structure and price action to the run up and subsequent bear market of 2022. Plan is to sell into strength and possibly look for longs off deep support levels. If this scenario unfolds it will require adaptability and will present difficult trading scenarios that will punish hesitation and chasing. Great opportunities for long term investors off deep support levels such as 200 SMA on higher timeframes. A pull back to 450 would be the first target and the 21 EMA on the Monthly chart and the 89 EMA on the Weekly. Look for possible put options 7-21 DTE.
QQQ: Bearish Reversal Likely — Weak Buyer Conviction at Key ResiQQQ may be setting up for a bearish reversal, as several technical confluences suggest the recent rally is losing steam. Despite a short-term bounce, price is approaching a critical decision zone, and buyers appear to lack conviction.
🔺 1. Price Testing Upper Boundary of Descending Channel
QQQ has rallied into the upper boundary of the descending channel (yellow lines) that’s been in place since late December. This often acts as resistance—and the price has yet to break above it with strength.
🔵 2. Hitting the Edge of Rising Regression Channel
The current price is tagging the upper edge of the blue rising regression channel, an area that has previously triggered sell-offs. Unless there’s a decisive breakout, this could mark a local top.
📉 3. Volume Divergence – Weak Buyer Interest
Despite the recent rally attempt, volume is declining, showing clear divergence. This is a warning sign: while price moves up, momentum is fading, and buyers don’t appear to be stepping in strongly. It’s often a precursor to a reversal.
🟩 4. Lower Boundary of Rising Channel Still Intact... For Now
Price remains near the long-term rising channel’s lower support, but failure to hold this level could trigger accelerated downside.
📌 Key Levels to Watch:
🔻 Resistance
490.13 – 494.67:
This zone is packed with prior support-turned-resistance and coincides with the descending and regression channel boundaries. A rejection here would confirm the bearish thesis.
499.44:
A psychological and historical resistance level. Bears would likely pile in if price fails here again.
🔺 Support
488.15:
Immediate minor support. Weak defense here could quickly lead to further selling.
477.59:
Next key level below current price. If breached, it could validate a more extended correction.
🧠 Summary:
QQQ is at a technical crossroads, with several overlapping resistance levels and a clear lack of buying volume. Until buyers show conviction above 494–495, the setup favors a bearish reversal from current levels.
🔔 Watch for a rejection around 490–495 with increasing sell volume for confirmation.
💬 What’s your outlook? Do you see further downside or a breakout brewing?
Leaders Leading LowerIf you create a portfolio of equal parts AAPL, MSFT and NVDA, you'd have an index that represents 25% of the numerical influence on QQQ. Those three stocks account for most of the directional move of the Nasdaq 100. They are the bullies on the block and you aren't getting around them. Where they go the index will surely follow. So far this year that portfolio is off 12%, while QQQ is down around 7%. Think we've hit the bottom yet?
I'll be honest here friends it's not looking good...I'll be honest here friends it's not looking good...
This may have been a Dead Cat Bounce on the NASDAQ:QQQ and AMEX:SPY friends.
GAP fills in both names lead to Bear Flag Breakdowns which in my mind leads to the next leg down.
Rejecting 200DMA on the NASDAQ:QQQ and losing control on the AMEX:SPY
Markets are hanging on slightly, lets see what happens the rest of the week.
Not financial advice
QQQ at Key Support Level – Rebound Towards $532?NASDAQ:QQQ is experiencing a corrective move after forming a double top near the upper boundary of the ascending channel. The rejection from this level has led to increased selling pressure, bringing price back to the lower boundary of the channel.
If buyers regain control at this point, we could see a rebound toward the $532 resistance zone, which aligns with previous price reactions and the midline of the channel. This area could act as a short-term target within the existing bullish structure.
However, if price fails to hold this support and breaks below with momentum, the bullish outlook may be invalidated, potentially signaling further downside. Traders should watch for bullish confirmation signals such as rejection wicks, increasing volume, or bullish engulfing patterns before considering long positions.
If you agree with this analysis or have additional insights, let’s discuss! 🚀
QQQ Will Explode! BUY!
My dear friends,
Please, find my technical outlook for QQQ below:
The price is coiling around a solid key level - 481.04
Bias - Bullish
Technical Indicators: Pivot Points Highanticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 498.55
Safe Stop Loss - 471.31
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK