Get started
Invesco QQQ Trust, Series 1Invesco QQQ Trust, Series 1Invesco QQQ Trust, Series 1

Invesco QQQ Trust, Series 1

No trades
See on Supercharts
Overview Analysis Holdings News
Ideas
Discussions Technicals Seasonals Options

QQQ trade ideas

QQQ ChannelQQQ reacting nicely to the Channel. I'm short term bearish on this. I think it needs a 2%-3% pullback before it breaks out for good. Since the 1.618 fib is right there, and the wick for Friday's (1/17/2025) candle was rather bullish, I could see a fake breakout to the fib and then break back down into the channel. I also have a long position set up just incase this breaks out and keeps running. KEY: -White Horizonal Lines: Previous High/Low, regardless of timeframe. -Green Horizontal Lines: 1.618 fib level. -Blue trendline: Trendline.
NASDAQ:QQQShort
by PennantTrading
Market Update - 1/18/2025• bulls are back • my breadth indicator finally showed a buy signal on Friday, indexes have retaken key moving averages after a month of consolidation • seems like a healthy correction and we have all the reasons to have another leg higher • would note that I'm still minimally invested and have only 2 positions, keeping size small, until I see more traction • in general, there are still not that many great setups I like to buy, so that's another sign for being cautious
NASDAQ:QQQ
by BenedekBokor
QQQ Buyers In Panic! SELL! My dear subscribers, This is my opinion on the QQQ next move: The instrument tests an important psychological level 521.74 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 513.22 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. ——————————— WISH YOU ALL LUCK
NASDAQ:QQQShort
by AnabelSignals
3
QQQ/SPY - Which way will it break?For the last 4 years (2020-2024), we have been in a narrow band where--generally speaking--SPY and QQQ have performed comparably. 2022 is the notable exception, where inflation increased rapidly and QQQ underperformed SPY. For the prior 12 years before that (2008-2020), QQQ outperformed SPY handedly. Inflation was low. Interest rates were held at ~0%. When you overlap the last 16 year channel with the last 4 years horizontal band it becomes clear that one (or both!) of these trends will break down. Option 1: Inflation is under control, and the last 16 year channel is sustained. 4-year trend breaks. Option 2: Inflation remains in limbo, and we stay in the new 2-year horizontal channel; 16-year trend breaks. Option 3: Inflation is rampant, and QQQ underperforms SPY. Both trends broken. What's it going to be?
NASDAQ:QQQ
by HandsomeSloth
QQQ Approaching Critical Levels! Trade Setups to Watch Analysis: QQQ has been trending downward within a descending channel, currently trading near the $512-$513 level. This range aligns with key GEX resistance and put support, indicating a balance between buyers and sellers. The MACD is bearish, showing downward momentum, while the Stochastic RSI suggests the potential for a relief bounce as it approaches oversold conditions. Volume indicates indecision, with sellers maintaining control but showing some hesitation near the $510-$513 zone. Key Levels to Watch: * Resistance Levels: * $516-$518: Immediate resistance, aligning with GEX call walls. * $520-$522: Critical resistance with strong gamma positioning and call walls. * Support Levels: * $513: First support level. * $511-$512: Key support with significant negative GEX positioning. * $508: Extended downside support within the channel. GEX Insights: * Gamma Exposure (GEX): * Positive GEX peaks near $520-$522, indicating strong overhead resistance. * Negative GEX at $511-$512 provides a key support zone but signals potential volatility if breached. * Options Activity: * IVR: Low at 16.2, suggesting reduced implied volatility. * Put/Call Bias: Puts dominate at 25.1%, showing bearish sentiment. Trade Scenarios: Bullish Scenario: * Entry: Break above $516 with volume confirmation. * Target: $520 (first target), $522 (extended target). * Stop-Loss: Below $513. Bearish Scenario: * Entry: Break below $511 with increasing selling pressure. * Target: $508 (first target), $505 (extended target). * Stop-Loss: Above $514. Directional Bias: The bias is cautiously bearish as QQQ continues to trade within the descending channel. However, a break above $516 could signal a short-term relief rally. Actionable Suggestions: * For Scalpers: Focus on the $511-$516 range for quick trades in either direction. * For Swing Traders: Monitor key levels around $508-$522 for breakout or breakdown opportunities. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading.
NASDAQ:QQQ
by BullBearInsights
Change in market theme. Bullish Variables in Favor: +2 rate cuts probabilities now above the 0 rate cuts. 3 rate cuts 100% increase. Reversal in trend from Jan 13 +TLT has breakout the downtrend coming from DEC, correlated too with the US10Y failing to break 2024 Highs. +PPI lower than expected 0.2 vs 0.4 m/m +CPI 2.9 as expected / Core lower 0.2 vs 0.3 +Risk On Assets Turning, Total2 ( Crypto marketcap excludingBTC) is up 15% from Jan 13 +Risky sectors outperfoming ARKK. +Vix -30% from Jan 13 +DT possesion on Monday 20 Techinal variables: + Failed breakdonw in market indexes levels Cat 8-9 + RSI at 30 in the 4h plus cross of the MA, positive. + Squeeze momentum to the downside over, near 0 +Reclaim above of the monthly vwap on QQQ-SPY Still in look: +Downtrendline coming from DEC ATH, Market testing now +Retail sales tomorrow In my case because I'm long from yesterday it will be easier to hold into tomorrow, but for a position opened today I'm less sure. Because of the retail sales and the trendline, can be normal to have a pullback, and pick momentum on friday into monday.
NASDAQ:QQQLong
by AJTRADER84
1
Possibly Breaking out of down trendI see a somewhat double rejection at 500-501 on the Daily. Right now, we are hovering around the Upside of this trend Channel & resistance level 516. I’m looking for a buy up to 519 then a reversal To 516 for double bottom to Break out of the trend we’ve been in. If we fail to a double bottom at 516 And Sell through 516 we remain in a Weekly down trend for . 519 is the level to get on the other side of. Also keep in mind Donald Trump will be inaugurated on Monday. I think this will affect the markets volatility. We May see Strong buys.
NASDAQ:QQQ
by MuggaMatrix
The chart I am posting is The road map for QQQ The chart I am posting is that of the QQQ and what should be the pattern if We are going to see a Final 5th wave to 561 plus or minus 2 . I called for a major turn 11/29 to 12/5 from this we should see a panic or a corrective wave structure I have a grouping of 6 spiral turn from jan 19 to the 25th .I have sold All my longs as we hit price targets for the first leg up and to form the ABC rally .What next possible pattern is abc up for wave 1 or A we should see now a pullback in an abc decline back to 50 % from this we should see wave C up in the form of 12345 a 5 waves rally and break Above the down trend line as Most everyone will then get on board . The MATH projection IF and I say IF the turn of 11/29 to 12/5 was just the top of wave 3 of 5 then we will see the HIGH for 2025 at 561 plus or minus 2 I have dates of FEB 14 and march 13th As MAJOR turns based on the fib cycles and Spirals . You should wait to see conformation . in the pullback before buying longs again . BEST OF TRADES WAVETIMER
NASDAQ:QQQ
by wavetimer
QQQ Tests Resistance! Where will it head to?Technical Analysis Overview: 4-Hour Chart: * Trend: QQQ is in a short-term recovery, testing resistance at $506 within a broader downtrend. * Indicators: * MACD: Bullish momentum is building, with a positive histogram. * Stochastic RSI: Overbought at 67, suggesting potential short-term consolidation. 30-Minute Chart: * Price Action: * QQQ is consolidating near $505-$506, facing resistance at $508. * Support at $503 is holding firmly, aligning with the highest negative NETGEX. * Volume: Slightly increasing on the recovery, signaling cautious bullish participation. Key Levels to Watch: Support Levels: * $503: Immediate support, aligning with HVL and gamma support. * $500: Strong support zone, coinciding with GEX10. * $498: Critical support near the 3rd PUT Wall. Resistance Levels: * $506: Immediate resistance zone, aligning with CALL resistance. * $508: Key resistance, aligning with the 2nd CALL Wall. * $527: Major resistance level, coinciding with prior highs. GEX Insights: Key Gamma Levels: * Positive Gamma Walls (Resistance): * $506: Immediate resistance, aligning with CALL resistance. * $508: 14.62% GEX (2nd CALL Wall). * $527: Long-term resistance zone. * Negative Gamma Levels (Support): * $503: Strong support backed by the highest negative NETGEX. * $500: Key PUT Wall support (-13.95% GEX). * $498: Significant PUT Wall support (-14.92% GEX). Options Metrics: * IVR: 28.1, indicating low implied volatility. * IVx: 24.6, below average, reflecting a calmer trading environment. * Call/Put Bias: PUTs dominate at 31.2%, showing cautious sentiment. Trade Scenarios: Bullish Scenario: * Entry: Above $506 with volume confirmation. * Target: $508-$515. * Stop-Loss: Below $503 to limit risk. Bearish Scenario: * Entry: Rejection at $506 or a breakdown below $503. * Target: $500-$498. * Stop-Loss: Above $508 to manage risk. Directional Bias: * QQQ's consolidation near $505-$506 signals a critical inflection point. A breakout above $506 could drive bullish momentum toward $508 and beyond, while a failure to clear resistance may lead to a retest of $503 or lower. Conclusion: QQQ is testing a pivotal resistance zone near $506. A breakout could signal further bullish continuation, while a rejection might trigger consolidation or a pullback. Traders should watch volume and price action closely for confirmation. Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always conduct your research and trade responsibly.
NASDAQ:QQQ
by BullBearInsights
$QQQ Recap of Last Week - Down on the Year - New Downtrend?NASDAQ:QQQ Recap of Last Week - Down on the Year - Bigger Downtrend Starting Wow, what a chart. Last week we opened with a gap up above the 30 minute two moving average and then we hit the down gap from December 27 and that was also the top of the downtrend line. (Redbeard arrow) From there, we took it all the way down to the downtrend line (green arrow) So underneath the 30 min 200MA, the 1he 200, the 35EMA, under the 50DMA, filled the gap from the first week and we closed at the bottom of the days range. And as of right now premarket looks like we're gonna break down this down trend and take it lower What a week!! 😅 New week trading ranges coming soon
NASDAQ:QQQShort
by SPYder_QQQueen_Trading
Short QQQ Next Week: Brace for Potential Decline Amidst Bearish - Key Insights: Given the current bearish trend in QQQ, it is essential for investors to remain cautious. Key resistance is at 511, while immediate support resides at 503. Declines may head towards 492-488 if the downtrend continues, suggesting a focus on these critical levels for decision-making. Sellers currently dominate, leading to expectations of sideways movement and testing of support. - Price Targets: - Next week targets: - T1 = 500 - T2 = 495 - Stop levels: - S1 = 511 - S2 = 515 - Recent Performance: Over the past month, QQQ has dropped approximately 6%, indicating a broader struggle within the technology sector. The bearish candle patterns highlight persistent weakness, and a cautious approach is warranted as QQQ nears crucial support. The trend has seen sellers overpower buyers consistently, reinforcing negative sentiment. - Expert Analysis: Analysts highlight that the QQQ faces significant supply pressure and needs to reclaim resistance at 511 to shift sentiment. The prevailing bearish outlook posits that if sellers maintain control, further declines to the 492-488 range are plausible. Maintaining awareness of key moving averages for major tech companies like AMD remains essential for directionality. - News Impact: The market is impacted by macroeconomic conditions, particularly the fluctuations in Treasury yields hovering around 5%, which affect equity valuations. Concerns about technology sector health, especially with high- profile companies struggling against key moving averages, continue to shape sentiment and trading strategy for QQQ.
NASDAQ:QQQShort
by CrowdWisdomTrading
QQQ Technical Analysis and GEX Option StrategyTechnical Analysis Overview: 1. Market Context: QQQ is currently trading within a descending wedge pattern, a structure often indicative of potential breakout setups. The price is approaching the wedge's lower boundary, showing signs of decreasing volatility. 2. Key Levels: * Support: * $503.92 (near-term support and key GEX8 level). * $497 (3rd PUT wall level and critical psychological area). * Resistance: * $515.27 to $516.91 (first resistance zone aligning with 2nd CALL wall). * $520 to $527.87 (upper wedge boundary and CALL resistance). 3. Indicators: * MACD: Bearish momentum with a slightly rising histogram indicates slowing downside pressure, but no clear reversal signal yet. * Volume: Declining volume into this wedge suggests potential accumulation but requires confirmation. 4. Trade Setup: * Bullish Scenario: * Entry above $510 (break above wedge boundary and reclaim of key resistance). * Target: $515 and $520. * Stop-Loss: $503 (below recent lows). * Bearish Scenario: * Entry below $503. * Target: $497 and $490 (down to the PUT walls). * Stop-Loss: $507. GEX Analysis for Options Trading: 1. Gamma Exposure (GEX): * Positive gamma walls at $515 (2nd CALL wall) and $520 suggest strong resistance if prices climb. * Negative gamma at $503 and below highlights potential acceleration to the downside if breached. 2. IVR and Sentiment: * IVR stands at 27.2%, indicating relatively moderate implied volatility. Options traders might prefer strategies with defined risk/reward setups like vertical spreads. 3. Option Strategy Suggestions: * Bullish: * Call Debit Spread: Buy $515 CALL, Sell $520 CALL. * Expiry: Choose a date with moderate time decay, e.g., 2 weeks out. * Bearish: * Put Debit Spread: Buy $500 PUT, Sell $495 PUT. * Expiry: 1-2 weeks out, targeting the next gamma wall. Market Direction Outlook: * Based on the wedge formation, declining volume, and the position relative to gamma walls, QQQ is at a pivotal decision point. A breakout above $510 could see a bullish continuation toward $515-$520, while a breakdown below $503 would confirm bearish momentum. Traders are advised to monitor pre-market activity for any gap or sentiment shift. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Please consult with your financial advisor or conduct your own research before executing trades. Always ensure proper risk management in your trading strategy.
NASDAQ:QQQ
by BullBearInsights
Technical Analysis and GEX Insights for QQQMarket Structure and Price Action QQQ is currently trading below the critical resistance level of $527.87, with a descending trendline that aligns with recent lower highs. This reflects bearish momentum in the short term. Support at $513 has been tested multiple times, indicating buyer interest around that area. The recent price movement suggests consolidation within a descending triangle, which is typically a bearish continuation pattern. However, a strong breakout above the trendline could invalidate this structure and lead to upward momentum. Support and Resistance Levels 1. Resistance: * $527.87 (major horizontal resistance). * $522 (aligned with GEX and 2nd Call Wall). 2. Support: * $513 (highest negative NETGEX and PUT Support). * $505.48 - $504.40 (lower boundary of the triangle and 3rd PUT Wall). Gamma Exposure (GEX) Analysis * Call Resistance: $514 - $522 levels show minimal gamma exposure to calls, with 33.53% GEX aligning with $514. * Put Walls: Significant negative GEX exposure at $513 and $510, marking these as critical support zones. * Directional Bias: GEX structure leans bearish, with PUT dominance around current levels. Indicators Overview * MACD: Bearish crossover, signaling downward momentum, but with a possibility of consolidation if histogram bars begin shrinking. * Volume: Declining, suggesting weakening conviction in the recent price movements. Trade Scenarios 1. Bullish Scenario: * Entry: Above $514, with confirmation of strong volume. * Targets: $522 and $527.87. * Stop-Loss: Below $510. 2. Bearish Scenario: * Entry: Breakdown below $513. * Targets: $505.48 and $504.40. * Stop-Loss: Above $514. Conclusion QQQ is trading within a consolidation pattern with bearish pressure. Key levels to watch are $513 for breakdowns and $514 for potential breakouts. Gamma positioning supports bearish bias, but sharp moves can invalidate the analysis. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and risk management.
NASDAQ:QQQ
by BullBearInsights