Rising Channel - QQQ's Here is a good reason why we saw a bounce on the charts today after a really bearish week on the QQQ's.
QQQ trade ideas
QQQ Inverse Head and ShouldersLooks like high volume and close still within the downward channel in pink. This week made a new low but then rebounded end of day. Next week we can see 495 to 510 .
BTC is making the same pattern which I am bullish on too/
$QQQ Trading Levels for March 7 2025
200DMA and Weekly 35EMA above us. That’s not a good sign. Especially that we didn’t get much of a bounce there.
Today’s Implied move is +/-2.03% and Mondays is +/-2.67%
Let’s go Traders!!!
QQQ Stock Chart Fibonacci Analysis 030625Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 493/61.80%
Chart time frame: B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: B
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
$QQQ - we are closeSince the beginning of 2023, NASDAQ:QQQ has bounced every time it retests the uptrend line. Look at how the 200DMA tracks along that trendline.
The RSI is at a level where it has bounced previously. We are close to a relief rally. 👀
The Double Top is in on QQQNASDAQ:QQQ - DOUBLE TOP 🗻🗻
No Denying it NOW!
Measured Move is $459 by 30May
Not financial advice
QQQ - support & resistant areas for today March 6, 2025Above are the key support and resistance levels for QQQ today.
These levels can indicate where the price might reverse or consolidate and may signal potential long (buy) or short (sell) positions for traders.
These levels are calculated using mathematical models and are relevant for today’s trading session. Please note that they may change in the future.
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Some Old charts we posted:
$QQQ Analysis, Key Levels & Targets for March 6th 2025
WEEKLY 35EMA. Put that level on the weekly chart and you’ll know exactly where the battle ground is today. You can see it running through the last few trading sessions.
I have 487 as support - and if this breaks the next support is at 448.
$QQQ Analysis, Key Levels & Targets for March 5th 2025 NASDAQ:QQQ Analysis, Key Levels & Targets for March 5th 2025
What is running through the trading range today?
The Weekly 35EMA and the 30min 35EMA. Critical level here.
Expected move 486 to 505 (+/- 1.70%)
Where is support under our trading range? 448 :O
reached support - bouncing on volumeThe weekly reached oversold status and that is usually a very good probability of a bounce, not clear at this point if the bounce will be substantial. My guess is towards the bottom of the upsloping trendline. 2025 will most likely be see-saw action. I doubt we'll see new highs in the next month or two.
$QQQ $508 Rug Pull ? All in on REDSo… attaching the bar pattern from Spring 2022, I see the next decline by the middle of next week. I’ll be placing my bets at today’s close if possible . 🫡 Target is $480 by next Friday. Short $508 into next week.
QQQ, Don't miss your moment , Believe in your systems, Be readyHey just a note, we finally saw the market show some life , no H1 but nearly . And maybe tomorrow we will continue up . For last several days breakouts were almost all failing and that just changed today , back to showing life , just when our human side is getting tired and many of us are losing interest .
Do not miss this , now may be it , the market is a master at getting more active traders to miss their moment with stuff like this , we do all the hard work when the getting tough but lose sight seemingly at the last moment , could be PnL and down draw related and also having your strategy fail repeatedly sucks life force . Whatever it is , this game is mental . And the more stocks you trade and transactions you make , the harder it is to sustain consistent mental game when the getting's tough .
One of the things that made me profitable in 2022 was doing only one strategy at first that only trades one name and I can do that with my eyes closed now , its pretty hands off and mechanical . But, the breakout buys on 5m for potential big winners is much harder and transaction heavy and full of losses you usually are running in a down draw between the big wins that make it work and it's too easy to miss them then you lose your edge . Do not miss your moments they are probably near .....
My key focus names for tomorrow , are down to :
ATAT, BROS, ORLA, AHR, SOBO , QFIN .
These there's many more but I am giving these preference for now , they are at the best breakout areas . Lots of other stuff looks great but is much higher . So that's the logic there , trying to catch fresh themes.
Besides the 5M Breakout buys,
I also run a monthly strategy that trades up to 3 names at end of every month . It currently holds VRNA, URBN, ATAT , and AHR. I highly suggest doing something like this with more money than your intraday entries ( vs account size ) .Slower timeframes are much easier to make money and keep your hairline :) The goal with that one is to only manage it every months end.
Other than that I cant touch it .....
Its a good way to buy GLB or key breakouts that you can maybe hold many months..... easy to get 50% moves or more on stuff that works and you don't have the hassle of buying quicker breakouts or pullbacks ect ect ...The downside is that you are trading smaller because your stop is far... I use monthly but weekly is another consideration .
QQQ: Capacity of the PullbackThis chart presents a Fibonacci channel projection based on key swing points, including a Higher High, Higher Low, an All-Time High (ATH), and a current Lower Low.
The levels of Fibonacci channel that market should abide by for the nearest future, are defined by: HL & LL - sets direction (fib 0 line); applied to ATH (fib 1 line). The derived fib ratios help to anticipate future price movements acting as key resistance where the pullback (reaction to prior impulsive bearish wave) might reach in respect to its structural capacity. B&W dashed line indicates a potential inflection point where the price could either reverse or extend further into supply zones.
How I play 0DTE during EOD volatility of last 15min/30minChart is from yesterday 3/3/2024(mon) + today 3/4/2024(tue)
Timeframe:1min
Indicator used: MACD, SlowStochastic RSI, 5MA, 20MA.
I use 1min 5ma as TREND(S) to scalp, just make sure MACD+SlowStochastic agrees.
Nasdaq100 - Where could we go?NASDAQ:QQQ
If we lose this Bullish Channel then here are the levels...
Level 1: $445-$450
Level 2: $385-$400
Not financial advice
$QQQ Analysis, Key Levels & Targets for March 4rd
We have to levels in tomorrow’s Trading range to be aware of -
1. The 1W 35EMA just above where we closed
2. And the 35EMA on the 30min timeframe.
That’s it in the trading range but of course you can see a lot around it and I went over it all in tonight’s video.
Gonna be a wild one - let’s go!!!
QQQ at a Pivotal Zone! Bounce or More Downside?📊 Technical Analysis (TA):
1. Trend & Structure:
* QQQ is in a clear downtrend, confirmed by multiple Break of Structure (BOS) signals.
* A recent Change of Character (ChoCH) attempt suggests a potential short-term reversal, but confirmation is needed.
* Key Resistance: ~520-530 (supply zone)
* Support Zone: ~490-495 (current demand area)
2. Indicators Suggesting a Possible Reversal:
* MACD: Beginning to flatten, indicating potential momentum shift.
* Stochastic RSI: Deeply oversold, increasing the probability of a short-term relief rally.
* Volume Spike: Heavy volume at support, suggesting potential accumulation.
🔹 GEX & Options Flow:
1. Call Walls (Resistance) 🚧
* 530-535: Strong resistance, likely to reject price if tested.
* 540: 2nd Call Wall, major gamma resistance.
2. Put Walls (Support) 🛑
* 490: Highest negative NETGEX, meaning a breakdown could trigger heavy selling pressure.
* 475-460: Next major support levels if 490 fails.
3. IV Rank & Skew:
* IVR 46.1, indicating mid-range implied volatility.
* Puts dominate at 61.4%, signaling bearish sentiment.
* Implied move ±0.39%, suggesting a volatile session ahead.
📌 Trading Plan & Suggestions:
* Bullish Reversal Scenario:
* If QQQ holds 490-495, we could see a bounce toward 510-520.
* Ideal trade: April 500C or 510C, targeting a relief rally.
* Bearish Breakdown Scenario:
* If QQQ loses 490, downside targets extend to 475-460.
* Ideal Put Play: Buy March-April 490P or 480P, targeting 470-460.
⚠️ Key Warning: If QQQ does not reclaim 500 quickly, expect continued selling pressure.
🔥 Conclusion: QQQ at a Decision Point – Relief Rally or Breakdown?
The Nasdaq ETF is testing a key support level, with early reversal signals forming but heavy put positioning remaining. The next sessions will determine whether buyers defend this zone or we see a deeper correction. Watch 490-495 closely for price action confirmation! 🚀📉
🚨 Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly.
QQQ Chart Fibonacci Analysis 030325Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 498/61.80%
Chart time frame: B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: C
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
NOTHING NEW HEREJust a pullback taking place in the markets, until this level is broken the uptrend is still in tact and I see this as just another chance to get in. Valuations were too high before this decline however now we're seeing tech stocks trading at attractive multiples.
Long QQQ on Breakout Above Key Resistance Levels Next Week
- Key Insights: QQQ has shown signs of recovery but remains susceptible to
volatility driven by tech stock performance. Monitoring price movements
closely, especially around resistance levels, will be crucial. A breakout
above $518 could signal a more sustained upward momentum, while a
consolidation below might indicate prolonged caution.
- Price Targets: Next week targets: T1: $518, T2: $524. Stop levels: S1: $500,
S2: $495.
- Recent Performance: QQQ experienced a rebound of over 1.5% recently,
reflecting a reaction to previous selling pressure. However, the index,
along with the Nasdaq, is still positioned below significant resistance
levels, suggesting that further upward movement may face challenges.
- Expert Analysis: Market experts emphasize the importance of key technical
indicators and the need for QQQ to break resistance at $518 to signal
potential recovery. With the Fear and Greed Index indicating "extreme fear,"
investor sentiment remains cautious, underscoring the need for careful
observation of market trends and movements.
- News Impact: Rising mortgage rates and economic concerns, particularly around
inflation and potential Federal Reserve interest rate changes, have
contributed to market volatility. These macroeconomic factors are critical,
as they influence consumer spending and can impact technology sector
valuations, which are key drivers for QQQ.
$QQQ Analysis, Key Levels & Targets for March 3rdAlright, y’all… I am still sick and still dealing with the fatigue so I’m not going to write a whole lot but here are the levels for tomorrow.
You know what to do with them… lol
And we will go over it all tonight.
Don’t forget to hit the “Grab this Chart” button under this chart is you want to use it.
The index is preparing for a free fall. NASDAQ:QQQ AMEX:SPY NASDAQ:NVDA NASDAQ:TSLA
This is the QQQ chart. On the monthly, a head and should pattern is forming. Look at the left and right side of the purple box. The index is preparing for a free fall. QQQ's support is at 485. NVDA and TSLA will sync with the index. Plan ahead.
QQQ On The Rise! BUY!
My dear subscribers,
QQQ looks like it will make a good move, and here are the details:
The market is trading on 508.17 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 520.29
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
