Yellow Box Wins AgainLook at my previous idea for context. Overall this is a yellow box strategy, which uses market footprint (Fractals) to analyze and chart, to predict price action and trade with precision. Ascend.by THEsamurai7Published 111
QQQ Bearish butterfly patternThe QQQs have created a head & shoulders pattern now and In the chart, you can see that we have a butterfly-bearish pattern. For short-term target head and shoulder measurement move the target to 340$ We have a rising wedge pattern when the price breaks the support line of the rising wedge: 1st Target around 310$ 2nd Target around 300$ 3rd Target around 275$ I guess the price gonna drop to 330 before the FED meeting on the 13th of June. I'm not a financial advisor.Shortby MarketPaxUpdated 225
✅QQQ WILL KEEP GROWING|LONG🚀 ✅QQQ is trading in a strong Uptrend and the index has Broken a strong horizontal Resistance level which is now A support so I am bullish Biased and I think that we Will see a further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFxPublished 101013
Part one of 7 Mega Cap tech stocks QQQ SPY- follow the trend on these stocks, there will be a time to short when we see daily downtrend confirming - FIRST STEP for bears is we need a hourly downtrend for anything to really happen - As of now all mega tech are still healthyLong18:51by ArcadiaTradingPublished 2
QQQ path to 400Let’s take a closer look at QQQ using the daily chart. There are two gaps below, indicating a potential area of interest. Gaps often act as support or resistance levels in the future. Considering the historical price behavior, a pullback of 4 to 7% seems plausible. If we anticipate a pullback within this range, it presents an opportunity for traders to consider a potential trade idea. With a target profit of 400, we could aim for a price level that reflects such a gain. It’s important to note that specific entry and exit points, as well as risk management strategies, should be determined based on individual trading preferences and additional analysis.Longby TriumphOnePublished 3
QQQ - Danger area for Bulls - I am a Bear now - weekly chartQQQ - Weekly chart since 2020 We see how the RSI is being reflected in the price. every move hgher then 70 to the 80 area we see the market goes down to the 30-40 area We are in a dangerous area right now where market can fall very quick into a correction as we entered into a Reflection zone - between 375-385 points. I am Short now with nice RqR - SL above the inflection zone. DOYR mind quantities. I do see in the long term chart, great Bullish opportunity, but first let market take some air. Shortby thestockspicker94Published 5
QQQ - SHORT Idea as we see divergence and high RSII took short posion - RSI in correction mode and so market DYORShortby thestockspicker94Published 1
Opening (IRA): QQQ September 29th 321 Short Put... for a 3.23 credit. Comments: My weekly, broad market short put targeting the <16 delta short put in the shortest duration paying around 1% of the strike price in credit. As with my IWM and SPY short puts, will look to add in shorter duration should we get weakness and higher IV at some point.Longby NaughtyPinesUpdated 0
QQQ outlookLooking to take call contracts at 377.15 if given LTF confirmation. If price doesn't respect the 30m demand then I'll be looking to at the 1hr demand at 373.60. Longby chichosenPublished 0
QQQ: Sell Zone Validated As mentioned previously, the sell zone is validated if and when we break the 360 support level. We had a daily close below 360 yesterday. Today's price action may seem like a reversal, but a crucial point must be made: we have not made a higher high yet on the daily time frame. I see today as a reflexive bounce, not as a reversal. With 360 broken, we also have a H&S pattern, with around 346 being the next target. 346 is also a support level from May 31. Further on down (if we get there) is the 332 level which corresponds to the 0.5 fib level and an unfilled gap from May 25th. This is a level with support from the 1W MA as well, so that is where I would look for a real bounce long term. Shortby TheStockManUpdated 224
Hidden resistanceBe careful here, we could see a strong pull back tomorrow. I wouldn't count on a break out at first attempt. I know the market looks strong but this market can shift without warning. by ArturoLPublished 2
Opening (IRA): QQQ September 29th 318 Short Put... for a 3.27 credit. Comments: Targeting the <16 delta strike in the shortest duration where the credit received is around 1% of strike price to emulate dollar cost averaging into the broad market. IVR/30-day IV isn't great here ... .Longby NaughtyPinesUpdated 4
Part 1 of 7 Mega Cap Tech | QQQ Sp500 & My YINN playsAs long as we have mega cap techs holding sideways and rest of the market breath catching up it is good for the bulls and we may continue to see grind up from the market overall. - Very first step i want to see from the bears is an hourly downtrend for me to even pay attention to a short swing. - entered YINN for lagger bull play. Long18:50by ArcadiaTradingPublished 11111
July will be bloodyHello my dear friends, we are not in a bull run. wall street is about to gut these markets. Attached is the trendline for the Qs going back to the 2022 bottom. A bar pattern of how this dump might play out. Opex is on the 21st. Expect a wild ride in July. Also take a look at the stochastic on the weekly. What in the hell even is that. Illiquidity, treasury auction, blah blah blah. Wall street has distributed over priced assets to dumb money and it's time to dump this ponzi and buy them all back from them on the CHEAP. THAT'S HOW THIS GAME IS PLAYED. My speculation: I'm thinking next week, recent gap will close, dip will be bought but a higher high will fail. A higher high is also possible to complete daily divergence. Either way, the trajectory is down. 2nd week, immediate bullish setup will be invalidated. Worry will spring like dandelions in summer. Third week will be the big one. As fast as the markets pumped up to these ridiculous levels, they will dump to the longer term support lines. From there, markets can yo-yo into fall where another crisis will unfold. No new all time highs.Shortby UnknownUnicorn23775680Updated 118
QQQ Bulls continue to buy the dip, Price Trend Guide- QQQ still above 12 ema - Breath increasing in the market - money continue to rotate around good sign for bulls - no signs of real bear action at the moment - CPI data tomorrowLong06:56by ArcadiaTradingPublished 222
QQQ long - continuation diamondQQQ long - continuation diamond The continuation diamond is a stock chart pattern that typically occurs within an existing uptrend or downtrend. It is a consolidation pattern, indicating a temporary pause in the prevailing trend before it continues in the same direction. The pattern resembles a diamond shape on the price chart, hence its name. Here are the characteristics of a continuation diamond pattern: Existing Trend: The continuation diamond pattern forms within the context of an existing trend, whether it is an uptrend or a downtrend. It signifies a temporary consolidation or indecision before the trend resumes. Contraction: Initially, the price experiences a contraction or narrowing range. This contraction is depicted by converging trendlines, with lower highs and higher lows. Traders can draw trendlines connecting the swing highs and swing lows to identify the diamond shape. Volume: During the formation of the continuation diamond pattern, trading volume tends to decrease. This decrease in volume indicates reduced participation and indecision among market participants. Breakout Direction: The continuation diamond pattern suggests the potential continuation of the existing trend. Once the contraction phase ends, and the price breaks out of the pattern, it is expected to continue moving in the direction of the preceding trend. Breakout Confirmation: Confirmation of the pattern occurs when the price breaks out of the diamond shape with increased volume. Traders often look for a decisive breakout above the upper trendline in an uptrend or below the lower trendline in a downtrend. Price Target: The price target of the continuation diamond pattern can be estimated by measuring the height of the diamond pattern at its widest point and projecting it in the direction of the breakout. It is important to note that not all diamond-shaped patterns on a stock chart are continuation diamonds. Other types of diamond patterns, such as diamond tops and diamond bottoms, have different implications and are reversal patterns rather than continuation patterns. As with any chart pattern, it is crucial to combine the continuation diamond pattern with other technical analysis tools and indicators to increase the accuracy of predictions and make informed trading decisions. Additionally, it's recommended to practice proper risk management and consider other market factors before executing trades based solely on chart patterns.Longby FL0wTradePublished 222
Part 1of 7 Mega Tech Stocks AnalysisAlthough QQQ closed flat today, lots of mega cap tech stocks formed daily downtrends, such as AMZN GOOGL AAPL, so we have to be open to QQQ having a slightly more pullback in the next coming days but breath in the market is really good today so its a good sign for the bulls as money rotates around. Short18:23by ArcadiaTradingPublished 223
$QQQ JULY 10 , Game plan! NASDAQ:QQQ - QQQ Long above 367.91 Short below 366.44 After the Friday trading session, the QQQ ETF has been downgraded from a Buy Candidate to Hold/Accumulate. On the last day, the ETF's price decreased by -0.332%, dropping from $367.46 to $366.24, marking three consecutive days of decline. Throughout the trading day, the ETF fluctuated by 1.22%, reaching a low of $366.01 and a high of $370.47. While the price has fallen in 6 out of the last 10 days, it still shows a slight increase of 0.02% over the past 2 weeks. The decrease in volume aligns with the ETF's decline, which is considered a positive sign as volume should typically follow the ETF. On the last day, the trading volume dropped by 4 million shares, with a total of 45 million shares bought and sold, totaling approximately $16.52 billion. Currently, the ETF is positioned within a narrow and strong upward trend in the short term, indicating the potential for further growth within this trend. Based on the current short-term trend, it is expected that the ETF will rise by 21.52% over the next 3 months. There is a 90% probability that the ETF will reach a price range between $440.86 and $453.92 at the end of this 3-month period.by MPWRTRADESPublished 0
QQQ - Analysis📉NASDAQ:QQQ could see a potential reversal as it hits a weekly supply zone. The RSI also shows a divergence from price action. While stocks are showing strength and a strong upward trend, managing risk at this level is CRUCIAL for your success. #Trading #RiskManagementby TickmanXPublished 0
Pt 1 of 7 Stock Market Turning Point? 7 MEGA tech QQQ Sp500lots of mega cap tech stocks & QQQ shaping up their Daily time frame lower highs pivots if we break Thursdays low many of them will form their first daily downtrend in a long time .Short17:35by ArcadiaTradingPublished 1
The AI led correctionI still believe a correction is coming and I believe tech will outperform to the downside once again. In the video I look at various megacap stocks and show how many of them are at important resistance levels. Could we sell off and go higher anyway? Yes. Could we ignore all of these indicators and levels and just blow up through them? Yes, possible but not likely. For me, this is an area to accumulate shorts on tech, but not everyone is going to agree with it. Technically it makes sense and I believe with all the constant AI talk, psychologically it makes sense as well. Good luck!Editors' picksShort10:49by the_sunshipUpdated 3939751
Part 1 of 7 Mega Tech & QQQ Sp500 Stocks | Key BATTLE zone- QQQ did not set a new high after this move which is the first time in a while so theres a chance for bears to set a daily lower low but they need to show up fast or we are likely heading back to 52 week highs - Team Clear Bull: TSLA AAPL MSFT - Team Middle META AMZN - Team indecision: NVDA GOOGL - no Team Bear until i see some notable downtrends confirming on these big tech stocksShort17:31by ArcadiaTradingPublished 2
QQQ and why we are pulling back The chart posted is the QQQ and I will maintain that the fib relationship where I was calling to see a top at 371.6 would most likely be a top is that of only wave 3 of 5 of 3 this is the bull case and it would be wave 3 of 5 of C within wave super cycle wave B. look for wave 4 to end within 1.5 to 2.4 days vix to see 18.09 and worst case if wave 4 is correct 21.15 in the vix Longby wavetimerPublished 114