QQQ FOR MARCH-2024The QQQ ETF, which tracks the Nasdaq-100 Index, has been following a bullish trend within a well-defined channel for weeks, accompanied by significant trading volume, indicating robust market interest.Longby alexpv731
QQQ March 4th/5th Target - $448:$452Basic trend lines and candle sticks structure. One more rally to 448-452 before retest of 440.Longby sro25061
US Market SentimentAttached is the $NSDQ100 heatmap for the last trading week. General Overview: Color Scheme: The heatmap uses shades of green to indicate gains and shades of red to indicate losses in stock prices. The intensity of the color suggests the magnitude of the performance. Date and Time: The data reflects the market situation as of March 03, 2024, at 14:36:03 GMT-01:00. Sector Performance: Technology Services: This sector shows a mix of performances with NASDAQ:MSFT (Microsoft) nearly flat, indicating stability. Meanwhile, NASDAQ:GOOG (Alphabet) has suffered a significant loss, evidenced by its dark red box. Electronic Technology: A strong performance from NASDAQ:AVGO (Broadcom Inc) and NASDAQ:NVDA (NVIDIA Corporation) is highlighted by their deep green colors. NASDAQ:AMD (Advanced Micro Devices Inc) shows an impressive gain as well. However, NASDAQ:AAPL (Apple) has seen a notable decline. Retail Trade: NASDAQ:AMZN (Amazon.com Inc) is in the green, showing a gain, while other retail stocks show a mix of gains and losses. Health Technology: Mixed results with NASDAQ:ISRG (Intuitive Surgical Inc) in green, while NASDAQ:AMGN (Amgen Inc) has declined. Consumer Durables and Non-Durables: NASDAQ:TSLA (Tesla Motors, Inc.) has made a noticeable gain, while stocks like NASDAQ:PEP (PepsiCo) have seen a slight decline. Producer Manufacturing: NASDAQ:AMAT (Applied Materials Inc) stands out with a significant gain. Transportation: This sector generally shows declines, with most boxes in red. Individual Stock Analysis: High Performers: Stocks like AVGO, AMD, and AMAT show robust weekly gains, indicating strong bullish sentiment or potentially positive news affecting their market prices. Underperformers: GOOGL, AAPL, and some transportation stocks have seen declines, which could be due to sector-specific news, broader market trends, or earnings reports not meeting expectations. Interpretation: Positive Sentiment: Stocks with significant gains might be reacting to favorable earnings reports, positive industry news, or bullish market behavior. Negative Sentiment: The stocks in red, especially those with darker shades, might be experiencing sell-offs due to various factors like poor earnings, negative news, or shifts in investor sentiment. When considering swing trading opportunities in such a market scenario, one might look for stocks that are showing strength within sectors that are performing well, as they could continue to outperform in the short to medium term. Conversely, stocks that have dropped significantly might be evaluated for potential rebounds if the underlying fundamentals remain strong, or they could be avoided if the decline reflects longer-term issues. Mark Minervini's strategy would emphasize identifying stocks that are in strong technical positions with good volume support and potentially forming constructive chart patterns, which could indicate they are setting up for a potential breakout. One would also consider overall market trends and sector momentum when analyzing individual stocks for potential trades. Please note that this analysis is based on the heatmap's visual data and does not account for other crucial factors like news, earnings reports, economic indicators, or detailed technical analysis, which should all be considered before making any trading decisions.by JS_TechTrading0
QQQ: Short Signal Explained QQQ - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell QQQ Entry - 445.68 Stop - 452.14 Take - 430.78 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals2222
QQQ - 15 MinutesDraw the trendline from premarket to openmarket, and the trendline cracked, and the candlestick starts to exploded, and climbing really nice - riding on EMA 9's. by l4uren_stew4rt1
QQQ: Bears Are AngryNothing looks bullish and everything looks bearish on the QQQ. Lower high, lower low, broken down parallel channel, under the 21W and 20W MA, RSI rolling over after visiting the red Bollinger band, and price entering low volume zone since the drop in 2022. Based on the volume since 2022, 318-325 seems like the most likely long-term support for QQQ. It corresponds to the 0.5 fib level and where the most volume is. We also saw strong support at this level back in spring 2022. Please keep in mind that nothing goes down/up in a straight line. I expect us to revisit the MAs and test them as resistance. Shortby TheStockManUpdated 10
A Roadmap on How this Year May Turn Out | QQQYet again buyer are still able to keep price higher and higher but at the same time we can spot weakness in each rally that occurs. Key note to look out for is that this rally that started in 2023 seems similar to the last in 2020 except for the Feds stimulus package that set the economy in turbo mode. As highlighted in green you can analyze the strength in both rallies to help predict what this year could look like, and going into the next. Based on the analysis QQQ is set to hit around $500 near the end of this year. As seen with technology carrying the market on its back, BTC, NVDA, and top performing assets are really set to explode even higher than what we see now. Buckle UPLongby Nathanl19331
QQQ Bull Flag?I'm skeptical, but this could be a Bear Flag forming... The bull flag pattern is a continuation pattern that facilitates an extension of an uptrend. The price action consolidates within the two parallel trend lines in the opposite direction of the uptrend, before breaking out and continuing the uptrend. by b6d1016fdeb149be865b678a8ac935Updated 6
QQQ Showing Potential WeaknessQQQ might be rolling over a bit after that massive gap up from the 22nd. Would not be surprised (or a bad thing) if we come down and fill that $425 gap and test the 200EMA on the 65min chart.Shortby SWRLS0
$QQQ Daily Analysis, Key Levels & TargetsNASDAQ:QQQ Daily Analysis, Key Levels & Targets Alright, y’all…We consolidated to the 30min 35EMA after that big NVDA move… nice… now what… what are your thoughts? The full runthrough of the levels on tonights video... happy trading tomorrow, y'all... Shortby SPYder_QQQueen_Trading4
Redistribution or Accumulation, that is the question?!From the perspective of Wyckoff analysis, both accumulation and redistribution involve price action within a trading range (TR), but they represent vastly different underlying market dynamics: Accumulation: Underlying Trend: Accumulation typically occurs at the beginning of an uptrend. Supply and Demand: Smart money (institutions, experienced traders) are actively buying shares, causing demand to outweigh supply. This pushes the price upward with increasing volume. Price Action: The price action in an accumulation phase is characterized by testing and absorbing supply (support levels). There may be false breakdowns and narrow price ranges as buying pressure builds. Redistribution: Underlying Trend: Redistribution typically occurs within an existing downtrend. It's a pause in the downward movement before a continuation of the downtrend. Supply and Demand: Smart money is distributing (selling) their holdings, causing supply to outweigh demand. This puts downward pressure on the price, but volume may be lower compared to accumulation. Price Action: The price action in a redistribution phase may resemble accumulation with testing and absorbing support, but with key differences: False breakdowns may be weaker and fail to hold. **Upward movements may be less vigorous and lack confirmation from volume. Price tends to create lower highs compared to previous rallies. Distinguishing between the two: Differentiating between accumulation and redistribution can be crucial for informed trading decisions. Here are some additional points to consider: Context: Analyze the broader market trend and the stock's specific history. Volume: While not absolute, accumulation typically sees rising volume, while redistribution may have lower or stagnant volume. Confirmation: Look for confirmation signals such as breakouts above resistance for accumulation or breakdowns below support for redistribution. Educationby MoshkelgoshaUpdated 9923
QQQ: Short Signal Explained QQQ - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short QQQ Entry - 436.74 Sl - 442.28 Tp - 425.39 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals1111
QQQ A Fall Expected! SELL! My dear friends, QQQ looks like it will make a good move, and here are the details: The market is trading on 436.74 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 426.12 Recommended Stop Loss - 441.83 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK Shortby AnabelSignals113
US-Market SentimentUS Market Sentiment and Swing-Trading Considerations - NASDAQ Heatmap Color-Coded Performance Indicators: Green Boxes: Represent stocks that have had positive performance over the past week. The intensity of the green color indicates the level of positive performance, with darker greens showing stronger gains. Red Boxes: Represent stocks that have experienced negative performance. Similarly, darker reds show larger declines. Sector Analysis: Technology Services: Companies like NASDAQ:MSFT (Microsoft) and NASDAQ:GOOG (Alphabet) show moderate gains, suggesting a positive sentiment in the technology services sector. Electronic Technology: A mixed view with significant gains by NASDAQ:NVDA (NVIDIA Corporation) but a slight decline in NASDAQ:AAPL (Apple) indicating a divergence in performance within this sector. Retail Trade: NASDAQ:AMZN (Amazon.com Inc) shows a strong performance, which is a positive sign for the e-commerce space within retail. However, PDD and MELI experienced notable declines. Health Technology: Mostly green with strong performances from companies like AZN, indicating good momentum in this sector. Consumer Durables: NASDAQ:TSLA (Tesla Motors, Inc.) is down significantly, which could suggest a potential concern for the electric vehicle or broader consumer durables market. Consumer Non-Durables: A mix of performance, though PEP is up, which might indicate stability in consumer staples. Notable Stock Movements: NVDA: The strong gain suggests investor confidence or positive news related to the semiconductor industry or the company specifically. ADBE: The notable decline could be due to earnings reports, market sentiment, or sector-related news impacting software companies. AMZN: A substantial increase like this could be driven by positive earnings, favorable market news, or successful business ventures. TSLA: A sharp decline may be the result of negative press, disappointing earnings, or adverse industry developments. Market Sentiment: The overall market sentiment can be gauged by the balance of green to red. In this heatmap, green appears more prevalent in larger squares (representing larger companies by market cap), suggesting a cautiously optimistic sentiment among major players. Considerations for Swing Trading: Momentum Stocks: Stocks like AMZN and NVDA with strong positive momentum could be considered for a swing trade, following Minervini’s principle of trading in sync with the market trend. Volume and Price Action: Before making trading decisions, it's important to analyze the volume and price action for confirmation of the trends suggested by the heatmap. Potential Reversals: Stocks like TSLA and ADBE that have experienced significant drops might be scrutinized for potential reversals if they approach technical support levels. Final Thoughts: This heatmap is a snapshot and does not provide the granularity needed to make a final trading decision. It is a starting point for identifying potential stocks to trade. A trader following Minervini’s methodology would look for specific technical setups, such as tight price consolidation, relative strength, and trading volume, among other factors, before entering a trade. It's also important to consider that the heatmap shows past performance, which is not always indicative of future results. Each potential trade should be evaluated in the context of current market conditions, news, and comprehensive technical analysis.by JS_TechTrading0
Tech Is Topping Out...I'm of the belief that tech is topping out soon - yes we may climb higher for a bit but it's coming to an end imo.by Swoop64
Opening (IRA): QQQ April 19th 405 Monied Covered Call... for a 397.94 debit. Comments: Re-establishing here in the Q's with a +25 delta monied covered call to take advantage of call side skew. Will look to add at intervals, dispersing risk across expiries, and generally take profit at 50% max and/or roll out the short call on test. Metrics: Max Profit: 7.06 ($706) ROC %-age at Max/50% Max: 1.77% at max; .89 at 50% max Break Even/Cost Basis: 397.94 Delta/Theta: 25.42/11.42Longby NaughtyPinesUpdated 221
QQQ Long (2024.02.21) Current price : 426.00QQQ Long (2024.02.21) Current price : 426.00 It shows that technical indicators are overselling Although there has been some adjustment, it is very likely that it will go up further. It is worth aiming for a profit of at least 1%Longby CEOofUnknotUpdated 111
QQQ Retrace idea for 2024Expecting 1 good retracement and consolidation before we begin to leave the trading range. QQQ moves the market so this is what we use to gauge overall market conditions This is also the best time for re-entryby DegenerateTrader690
QQQ 440 level why it reached 439.23 is there a 5th 5 wave =444 ?The chart posted shows the math as to why we reached the area of 440 so far the high is within .77 cents 439.23 so far was the peak .Can we reach the upper target of 444.1 .Well so far we have dropped in a 3 wave and are near the BB bands and .382 of wave 3 . and the 4 hr channel This is why I have taken a long side again . by wavetimer223
$QQQ Tomorrow’s Trading Range for 2.21, Fed minutes, $NVDA earnNASDAQ:QQQ Tomorrow’s Trading Range for 2.21, Fed minutes, NASDAQ:NVDA earnings Tomorrow’s trading range is wider than normal because we have FED minutes at 2pm and NVDA earnings in after hours. We have a cool range tomorrow 30min 200MA with a bear gap to the upside, 1hre 200MA and a bull gap to the downside… LOL. Come check out the video for a full walkthrough but I’m excited to see how tomorrow plays out. GL Shortby SPYder_QQQueen_Trading4
QQQ confirmed daily lower highOn Friday QQQ set daily lower high, marking potential trend reversal. Now bears must lead price all the way down (below 425.3) to start weekly consolidation. If this doesn't happen fast and bulls manage to set daily higher low then uptrend continuation is still an option. Also notable that bulls were able to close price gap from Tuesday, and bull wave retracement is over 50%. This talks in favor of bulls strength and increases probability of daily higher low. Hourly price action is currently in downtrend but given the context I would be looking for hourly trend reversal signals Disclaimer I don't give trading or investing advices, just sharing my thoughtsby hermes_trismeUpdated 1
QQQ H4 : Invesco QQQ Stock Cost Estimate 2024-2025Invesco QQQ Stock Cost Estimate 2024-2025 Invesco QQQ cost begun in 2024 at $409.52. Nowadays, Invesco QQQ exchanged at $437.05, so the cost expanded by 7% from the starting of the year. The forecasted Invesco QQQ cost at the conclusion of 2024 is $611 - and the year to year alter +49%. The rise from nowadays to year-end: +40%. Within the center of 2024, we anticipate to see $533 per 1 Invesco QQQ. Within the to begin with half of 2025, the Invesco QQQ cost will climb to $628; within the moment half, the cost would include $14 and near the year at $642, which is +47% to the current cost. The short-term forecast: Monday, Feb 12 - $438 Tuesday, Feb 13 - $438 Wednesday, Feb 14 - $439 Thursday, Feb 15 - $440 Friday, Feb 16 - $440 Monday, Feb 19 - $443 March 15 - $460 April 15 - $481 May 15 - $501 June 15 - $523 July 15 - $539by Forex_Analysis_WingUpdated 2212
the difference leverage of a etfshow the difference of a ETF with the TQQQ and the QQQ and the 3x leverage by steveterry54321222