Opening (IRA): QQQ November 17th 324 Short Put... for a 3.28 credit. Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market and to generate "free cash flow."Longby NaughtyPinesUpdated 2
*cue the dramatic music*Before you lingers a solitary monthly hanging man, Soon, an entire gallows of men shall dangle in the wind. When the men commence their aerial dance, That is the moment my acquisition spree shall unfurl. --- Eerie silhouette of monthly hidden bearish divergences stretch across all monthly oscillators, An unsettling sight for the titans of tech that rule our modern day era. Only at the highs of all recorded time shall this clandestine bearish omen be dispelled --- Four apocalyptic markers beckon from the abyss: 241 215 180 169 --- My focus narrows on the mystical number 180, Yet it's the enigmatic 169 where I predict our fates will intersect. --- Nfa, Dyor. 🌌 🌙 ✨ by EloquentPublished 11
QQQ: nothing bearish about the price action yetIf I was living under a rock and looking at nothing else but the QQQ chart in front of me, I wouldn't be bearish at the slightest.. A trendline test with a fake out breach, a monthly hammer candle, increased volume, all points to momentum towards the on going trend, which is up. July hit a very important 1.618 fib extension. It is almost given the next move would be to test back to 1 or .764 fib extensions as prescribed by Fibonacci Pinball method. September is seasonally bearish. If September candle closes below August low or test below .764 fib area, then the narrative might change. For now, August looks like a buy the dip opportunity for those who took it...Longby mukit1Published 1
Possible QQQ Path and Journey to 400Bullish Theory Scenario 1. QQQ first Pullbacks to 366.60 then goes to 373 blowing past it and going straight to 383.25 backtraces to 377-376 then continues its rise to 394 hitting some Resistance then finally hitting 400 Scenario 2 QQQ FIrst pulls back to 366.60 then does not manage to breakthrough but breaks down to 358-360 then it goes back to 366.60 and follows the same pattern as Scenario 1 Scenario 3- QQQ Opens at 374 then returns to 370.60 makes its way to 383 back to 377 then retests to 383 goes back down to 379 flys to 390 hits Resistance touches back to 385 then flys straight to 400 this is only my hypothesis any trade you make you make on your own. and I am not liable for any LossesLongby yalmaUpdated 111
Head and Shoulders forming in QQQHead and Shoulders forming in QQQ, possible crash down to 320 but anticipate at least down to 340Shortby happykxu74Published 0
$QQQ Rising Wedge on 1hourNASDAQ:QQQ Rising Wedge on 1hour "The rising (ascending) wedge pattern is a bearish chart pattern that signals an imminent breakout to the downside. It's the opposite of the falling (descending) wedge pattern (bullish), as these two constitute a popular wedge pattern." What are your thoughts? Thanks, KellyShortby angelbaetradesPublished 0
$QQQ PLAN FOR THURSDAYwe have a rising wedges formation on our 1 hr chart. we swing 375 puts exp sept 1st .we are expecting price to pull back and retest our mss level. $375.77 as our trim level , final target is our discount array or former +OB $373.58... PS ; PCE + unemployment rate Shortby gleefulHunter87886Published 0
Opening (IRA): QQQ October 20th 340 Short Put... for a 3.48 credit. Comments: My weekly short put in the Q's, targeting the <16 delta strike in the shortest duration paying around 1% of the strike price in credit. This is to emulate dollar cost averaging into the broad market without actually being in the stock.Longby NaughtyPinesUpdated 1
Opening (IRA): QQQ Oct/Nov/Dec 329/314/300 Short PutsComments: Targeting the <16 strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. October 20th 320: 3.35 credit November 17th 314: 3.17 credit December 15th 300: 3.02 creditLongby NaughtyPinesUpdated 1
Part 1 of SPY QQQ & 7 Mega Cap Tech FORECASTPart 1 of SPY QQQ & 7 Mega Cap Tech FORECAST Trend analysisLong17:08by ArcadiaTradingPublished 1
Tomorrow likely heavy selling $QQQI have some mega bearish energy for tomorrow morning. It's likely on news and will be retraced, so looking to get out of overnight shorts around 10:15-10:50 in the morning. Then buy it.Shortby JenRzUpdated 112
$QQQ Rectangle Pattern on hourlyNASDAQ:QQQ Rectangle Pattern on hourly "A rectangle is a pattern that occurs on price charts. A rectangle is formed when the price reaches the same horizontal support and resistance levels multiple times. The price is confined to moving between the two horizontal levels, creating a rectangle. The concept of a rectangle is similar to a Darvas Box." Estimating a morning pump near as it is not far from resistance and bounce back to the downside. Please note with the indicator i am using, i take the target as an approximation and don't relay on it as the targets are not always viable and it is something i am testing. What are your thoughts? Thanks, Kelly Shortby angelbaetradesPublished 2
a new rally would start today?QQQ made a nice breakout yesterday. The upper correction trend line has been broken by a strong candle and relatively high volume. Today we can wait for confirmation.Longby asharifanPublished 0
Opening (IRA): QQQ Nov/Dec 304/390 Short PutsComments: Targeting the <16 delta short put in the shortest duration paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market without actually being in the stock. Here, just rounding out my fourth quarter positions at strikes better than what I currently have on. November 17th 304: 3.07 credit December 15th 290: 2.98 creditLongby NaughtyPinesUpdated 1
QQQ targets hit, Now down to $342Today is the day as I understand it from my dowsing work to get short for some heavy downside pressure in the very near future. Today should give the upside for an ideal entry. That last QQQ idea was was beyond good, and I'm hopeful that this one will be just as sweet. The date I'm seeking this lower target by is September 9th or so. Maybe the 12th. It's a zone at this point, but timing can be tricky going out this far for me. I am getting better at the shorter term timing though, and today seems to be the date of entry, especially since the upside targets were hit yesterday. I guess we'll see! Shortby JenRzUpdated 114
Puts QQQJust bought some puts. Price has previously reacted aggressively at 374 level and it looks overbought. I hope it opens tomorrow with a gap down.Shortby ArturoLPublished 0
QQQ: MAJOR RESISTANCE AT 372As we can see, QQQ has been struggling with the 372 Level since March 2022, with a major test coming following this rally with the JOLTS data coming in lower than expected Here's what we got playing out in our favor: - 3 Day Golden Cross on our 50 / 200 MA indicator - 3 Day Stochastic RSI Golden Cross - Bullish Engulfing Candle about to close after the trading day BUT, WATCH THE 3 DAY RSI FOR LOWER HIGHS - * caution indicator * the RSI on our TDI Indicator (Yellow Circle) has made a lower high HOWEVER, with a bullish engulfing candle, 3 day golden cross, & momentum returning into the Stochastic RSI. We remain LONG TERM BULLISH, however we must take into consideration the lower high on the RSI & the fact that September is historically a down month for stocks So will watch the Qs & AMEX:SPY carefully in the next 4 weeks Longby JonaliusPublished 1
is the QQQ rally is a repeat of June - August 2021?It looks like a bull market, but so did June - August last year.Shortby lavoriamoUpdated 113
PART 1 SPY QQQ + 7 Mega cap TECH stocks ForecastPART 1 SPY QQQ + 7 Mega cap TECH stocks Forecast Technical AnalysisLong19:03by ArcadiaTradingPublished 112
$QQQ on 4hour Head and shoulders formationNASDAQ:QQQ on 4hour Head and shoulders formation on 4hr and 6hr time frames. "The head and shoulders chart depicts a bullish-to-bearish trend reversal and signals that an upward trend is nearing its end." What are your thoughts? Thanks, KellyShortby angelbaetradesPublished 114
Is this a fake head and shoulder? $QQQlast Friday I really really thought we were going to 355 then we rebounded quick. This week we get another opportunity again. I really don't have any bullish set up. I am interested if we break 360 for a nice push to 355.Shortby menskyl96Published 3
QQQ: Great Trading Opportunity QQQ - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long QQQ Entry Point - 364.07 Stop Loss - 352.75 Take Profit - 385.54 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignalsPublished 887
$QQQ -Bears been Missing - Invesco's NASDAQ:QQQ uptrend continues to remain valid, despite last weeks close in red ; while its series of Higher Highs are now places of buyers interest due to price action retracements. Price levels to continue acting as Uptrend Supports during Rising Channel's uptrend resumption. It would take a catastrophy to plunge the price of NASDAQ:QQQ considering so many supports below, while price reversing below the last touch of broken Trendline Resistance from ATH's seems 'impossible' from Fed's upcoming $USSIRY alone. Yet, that is still to be seen. Looking at Invesco NASDAQ:QQQ from ATH, a Change of Character was spotted on *W(tf). Zooming on *3D & *D (tf) a Rising Channel pattern seems to be in place, with its Resistance Trendline being respected from Price Action resulting to a negative -2.6% drawdown rejection on the last 3D* candlestick print. TRADE SAFE *** Note that this is not Financial Advice ! Please do your own research and consult your own Financial Advisor before considering partaking any trading activity based solely on this Idea . by Mr_J__fxUpdated 8