QQQ trade ideas
QQQ Supply/Demand ShortQQQ and the market have had a really good rally this morning, but right into some supply levels. IMO, this is a good spot to short for a gap fill.
Daytrade short QQQ, swing long buy $363Obviously, there's news today. I get there's a dump coming to and various methods all give the $361-65 zone. Looking down around 3.3% as well as look below the July low = $363...
The big thing is to buy this for a reversal up, which should go up for a couple days.
What I'm Now Watching in Tech (Nasdaq-100)I am so impressed that the Nasdaq-100 is up over 30% heading into the holiday months. Also, there are so many headwinds blowing at it. I don't anyone saw this happening! Most people I know are bearish.
A very smart investor I know says "Pessimists sound smart, but optimists make money."
Whether it's rising rates or volatile tweets, it appears to be a challenging year, and yet, the Nasdaq-100 has defied the odds. It's surprised many.
Can it continue?
I've added a simple trend line that I'm watching in tech, a chart of NASDAQ:QQQ , and some arrows to showcase the validity of this trend line.
Rejection after rejection.
Lower high after lower high.
There seems to be supply above.
Thus, I have to ask: Will something give? Or will it breakout again? I'll use this trend line as my guide going forward.
I currently am long some tech, but also being a bit cautious with the headwinds our there. Let's see what happens next.
QQQ more downside aheadQQQ hit near the top of this bearish channel and reversed. HMA has curled down and about to crossover (bearish). Expecting more downside this week, as low as 355 (support). Go short!
NVDA AAPL MSFT AMZN GOOGL META TSLA Price ForecastWelcome to the daily how to make money online with stock market Mega Cap 7 Tech stock, Nvidia Microsoft Google Apple Amazon Meta Tesla Stock, Technical Analysis Show where I break down the price action and let you guys know what the most likely scenario I think will be going forward.
00:00 Rate Hike Data, Earnings Report, Economic Data
02:44 QQQ Stock Price Forecast
05:23 Sp500 ETF Price Forecast
06:42 Tesla Stock TSLA Forecast Technical Analysis
09:40 Nvidia Stock NVDA Forecast Technical Analysis
11:41 Apple Stock AAPL Forecast Technical Analysis
12:46 Amazon Stock AMZN Forecast Technical Analysis
14:03 Google Stock GOOGL Forecast Technical Analysis
14:51 Microsoft Stock MSFT Forecast Technical Analysis
16:15 Meta Forecast Technical Analysis
$QQQ starting to form a 50EMA base on daily. Looking to shoot upNASDAQ:QQQ forming a base with a typical S shaped curl ready to breakout!
High-Frequency Trading: Deep Dive into its Multifaceted ImpactIntroduction
High-Frequency Trading (HFT) is often depicted as the epitome of technological advancements in the financial sector. As an ultra-fast trading method, HFT employs sophisticated algorithms and high-speed data networks to execute countless trades in milliseconds. While HFT accounts for a significant portion of daily trading volumes globally, its implications, both positive and negative, are intricate and multifaceted.
Historical Background
Before delving into the complexities of HFT, it's essential to understand its historical roots. Initially emerging in the late 1990s and early 2000s, HFT rose as electronic exchanges became prevalent. The rapid decline in trade execution costs and the simultaneous explosion of computational capabilities allowed trading firms to explore this new frontier.
The Mechanics of High-Frequency Trading
At its core, HFT systems continuously monitor multiple exchanges and asset classes, seeking tiny, often fleeting, arbitrage opportunities. Using predictive analytics and complex algorithms, HFT can detect and exploit price discrepancies faster than any human trader.
Example :
If HFT systems notice a stock is priced at $50.00 on Exchange A but $50.01 on Exchange B, they can buy from A and sell on B, making a micro-profit. When scaled to millions of trades daily, these profits become significant.
The Advantages
1. Increased Market Liquidity:
HFT systems, constantly executing buy and sell orders, lead to increased trading volume, offering more liquidity in the market.
2. Reduced Bid-Ask Spreads:
The continuous flow of orders often results in narrower bid-ask spreads, which can lead to minimal trading costs for the average investor.
3. Immediate Price Adjustments:
HFT's speed means financial markets can adjust and react to news instantly, leading to more accurate pricing of assets.
4. Profits and Innovations in the Financial Sector:
Leading HFT firms often pour their substantial profits back into research and development, advancing trading technologies even further.
The Shortcomings
1. Systemic Risks:
The speed at which HFT operates means that errors, either in judgment or technology, can amplify across the financial system rapidly.
2. Market Manipulation Concerns:
Some argue that HFT allows for dubious strategies like "quote stuffing" or "layering," where traders flood the market with orders they have no intention of filling, creating false signals.
3. Unequal Playing Field:
HFT firms often have access to better technology and data feeds than the average trader, leading to concerns of inequality.
4. Flash Crashes:
High-speed trading can exacerbate market volatility, leading to sudden and severe "flash crashes."
Notable Events
The Flash Crash of 2010:
On May 6, 2010, U.S. financial markets saw a rapid decline and recovery, with some stocks momentarily losing almost their entire value. While the exact cause remains debated, HFT is often cited as a contributing factor.
Knight Capital Catastrophe:
In August 2012, a software glitch in Knight Capital's HFT system executed a multitude of unintended trades, causing a loss of $440 million in mere hours and nearly bankrupting the firm.
Regulatory Challenges
The rise of HFT has posed significant challenges for regulators worldwide. Traditional market oversight mechanisms often struggle to keep pace with the sheer speed and volume of high-frequency trades. Regulators grapple with striking a balance between fostering innovation and ensuring market fairness and stability.
The Future of HFT
With technological advancements showing no signs of slowing down, the future landscape of HFT is poised for further evolution. Machine learning and artificial intelligence are increasingly being integrated into trading algorithms, offering even faster and more accurate trade executions.
However, with these advancements come renewed challenges and concerns. The integration of AI into HFT could potentially lead to unforeseen market behaviors and complexities.
Conclusion
High-Frequency Trading stands at the crossroads of technology, finance, ethics, and regulation. Its undeniable impact on market liquidity and efficiency is juxtaposed with concerns about fairness, stability, and systemic risk. As we venture further into the digital age, the role and ramifications of HFT in global financial markets will undoubtedly remain a focal point of discussions, debates, and decisions for industry stakeholders and regulators alike.
QQQ: 3 Falling Peaks at Bearish Shark PCZThe QQQ has been trading at the PCZ of this Bearish Shark for quite a while now and it has recently come back to make a 3rd Consecutive Lower High with Hidden Bearish Divergence on the RSI and looks to be ready to confirm it as a 3 Falling Peaks Pattern that I think would result in a major move down towards the 800 EMA or even lower down to the pre-2022 levels.
My technical analysisPrice made mchoch at 4h POI short. Good opportunity for short position till 1h POI long with fulfilling Imbalance.
QQQ IS FLASHING MIXED SIGNALSThe Qs could face a significant test in the coming days, will it hold above our 366 price level at the 50 DMA & potentially flip 373 as support? Or is a retest of 349 coming?
So far on our indicators, we are seeing a MACD flip bullish & the stochastic RSI gain strength
However we did experience a significant correction this morning after topping out at 373, this price action tells me we could be in trouble for the short term
We will be paying close attention to price action within our descending channel illustrated above
$QQQ The Precipice?We are nearing a meaningful trigger on the daily at cost basis above. This is in confluence with our downtrend channel. Tomorrow We will utilize the PBS to take QQQ to 375.50 if our levels above are reclaimed. If we stop and chop the rest of the day BUT HOLD the daily floor as reference, then next week will be above CB and we are looking for the 380s. Otherwise, the box we left is a box to retest, and with today momentum behind us, it is a possibility.
𝗡𝗮𝘀𝗱𝗮𝗾 𝗨𝗽𝗱𝗮𝘁𝗲: $QQQ Daily. Keep it simple𝗡𝗮𝘀𝗱𝗮𝗾 𝗨𝗽𝗱𝗮𝘁𝗲: NASDAQ:QQQ Daily. Keep it simple. Above line-in-sand ("LIS") of 373 a bull flag 🐂 breakout. Below risk lower to consolidate 🐻
$NQ_F TVC:NDQ NASDAQ:AAPL NASDAQ:MSFT NASDAQ:AMZN NASDAQ:META NASDAQ:GOOG NASDAQ:TSLA NASDAQ:NVDA NASDAQ:SOX $ES_F AMEX:SPY SP:SPX TVC:DXY NASDAQ:TLT TVC:TNX CBOE:VIX #Stocks
Opening (IRA): QQQ December 15th 320 Short Put... for a 3.21 credit.
Comments: Rounding out fourth quarter rungs, targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
Nasdaq looking very bearish. Short term support has been broken. A consolidation zone has been broken to the downside. Good time to hedge/Short. Large caps underperforming.
Notes for Trading QQQ (Week of October 9):Closing Price (Oct 6): QQQ closed at 364.70
Support:
362.70
358.58 - 357.50
347.36 - 346.07
Resistance:
366.21
368.91 - 369.71
371.72 - 372.85
Support:
• Initial support at 362.70, aligning with the 38.2% retracement.
• Subsequent support zone spans from 358.58 to 357.50.
• Favorable risk-reward opportunity at the final support zone from 347.36 to 346.07—considered a potential turning point.
Resistance:
• Primary resistance stands at 366.21, corresponding to the 50% retracement.
• Noteworthy resistance zone between 368.91 and 369.71 (61.8% retracement).
• Identified cash-out zone at 371.72 to 372.85, coinciding with the downward trend line from 2023 highs.
QQQ Trading Opportunity! SELL!
My dear followers,
This is my opinion on the QQQ next move:
The asset is approaching an important pivot point 364.69
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 - 358.52
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
Stock Chart Fibonacci Analysis 100723 Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 85/61.80%
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 : A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) 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 provide 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 Forming a Cup and Handle on Weekly#QQQ forming a cup and handle on weekly chart. Potential upside target 510.
QQQ TimeFrameContinuity UP September was a losing month for many big names & QQQ.
TImeFrameContinuty (TFC) back up, potential follow through with a couple of nice weekly pivots.
No guarantees, but has a nice look to it. Let 'm open next week and see if aggressive buyers keep showing up amongst different participation groups (week, month and quarter).
QQQ: Bears Will Push Lower
Balance of buyers and sellers on the QQQ pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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QQQ Weekly analysis done on Thu before Friday's rallyThis is how I saw QQQ weekly chart on my Thu night analysis
Stock Market and mega cap tech updatesStock Market and mega cap tech updates support and resistance guide
