Opening (IRA): QQQ Dec 29th/Jan 19th 309/300 Short PutsComments: Squeezing in a couple rungs at strikes better than what I currently have on, targeting the <16 delta strike paying around 1% of the strike price in credit.
QQQ trade ideas
Should I do a FOMC strangle/ straddle play? Read here.So, what's the best way to play FOMC? Probably a strangle. According to last FOMC on 9/20 your NASDAQ:QQQ calls would have printed around +50% or more.
Assuming you sold and held your puts, your puts would have given you an extra 200% to 300%.
You can do this on any stock obviously. Don't get greedy. Best decision might be to stay out of course.
Choosing a definite direction (i.e. holding calls/ puts only without a hedge) is pure gambling.
Good luck. Welcome to follow for trade ideas.
FOMC chart 9/20:
$QQQ - 15 min
2 steps for Bullish Scenario with T1S Indicator:
1. Candles Above the Green Line:
• Check that the candles on the chart are positioned above the green line of the T1S indicator. This could be an indication of bullish momentum.
2. Bars Above Zero:
• Ensure that the bars on the T1S indicator are above zero. This condition might suggest positive market sentiment or upward price movement.
2 steps for Bearish Scenario with T1S Indicator:
1. Candles Below the Green Line:
• Verify that the candles on the chart are positioned below the green line of the T1S indicator. This condition may indicate bearish momentum or a potential downward trend.
2. Bars Negative Below Zero:
• Confirm that the bars on the T1S indicator are in the negative territory and located below zero. This setup suggests a negative market sentiment or downward price movement.
Demand zones for QQQQQQ has displayed heavy weakness as investors take profit from the magnificent 7 and others. The first demand zone saw a weekly candle strike right through the weak orderbook. The next large demand zone is the bar noted below. I don't believe this will happen quickly, it might not happen for a long time. I believe QQQ strives to be back above the higher demand for a while..
$QQQ - 15min
2 steps for Bullish Scenario with T1S Indicator:
1. Candles Above the Green Line:
• Check that the candles on the chart are positioned above the green line of the T1S indicator. This could be an indication of bullish momentum.
2. Bars Above Zero:
• Ensure that the bars on the T1S indicator are above zero. This condition might suggest positive market sentiment or upward price movement.
2 steps for Bearish Scenario with T1S Indicator:
1. Candles Below the Green Line:
• Verify that the candles on the chart are positioned below the green line of the T1S indicator. This condition may indicate bearish momentum or a potential downward trend.
2. Bars Negative Below Zero:
• Confirm that the bars on the T1S indicator are in the negative territory and located below zero. This setup suggests a negative market sentiment or downward price movement.
QQQ - 420 is calling Using TA including Trends, Fibs, Elliot Waves, and idicators I believe 420 is a magnet on the QQQ which it will try to reach into the beginning of next year after reaching ATH this year.
$MSFT 15 min2 steps for Bullish Scenario with T1S Indicator:
1. Candles Above the Green Line:
• Check that the candles on the chart are positioned above the green line of the T1S indicator. This could be an indication of bullish momentum.
2. Bars Above Zero:
• Ensure that the bars on the T1S indicator are above zero. This condition might suggest positive market sentiment or upward price movement.
2 steps for Bearish Scenario with T1S Indicator:
1. Candles Below the Green Line:
• Verify that the candles on the chart are positioned below the green line of the T1S indicator. This condition may indicate bearish momentum or a potential downward trend.
2. Bars Negative Below Zero:
• Confirm that the bars on the T1S indicator are in the negative territory and located below zero. This setup suggests a negative market sentiment or downward price movement.
$QQQ - 15 min 2 steps for Bullish Scenario with T1S Indicator:
1. Candles Above the Green Line:
• Check that the candles on the chart are positioned above the green line of the T1S indicator. This could be an indication of bullish momentum.
2. Bars Above Zero:
• Ensure that the bars on the T1S indicator are above zero. This condition might suggest positive market sentiment or upward price movement.
2 steps for Bearish Scenario with T1S Indicator:
1. Candles Below the Green Line:
• Verify that the candles on the chart are positioned below the green line of the T1S indicator. This condition may indicate bearish momentum or a potential downward trend.
2. Bars Negative Below Zero:
• Confirm that the bars on the T1S indicator are in the negative territory and located below zero. This setup suggests a negative market sentiment or downward price movement.
What if we are looking at a gigantic Cup and Handle?NASDAQ:QQQ Bears are coming out the woods and screaming we are doomed! We will revisit the Oct 2022 low around $250.
But hear me out. What if we are looking at a gigantic Cup and Handle?
QQQ can drop to $325 and cup and handle is still possible.
If QQQ gets below $325, I will admit that it was just an illusion. :D
$QQQ - What if we are looking at a gigantic Cup and Handle?NASDAQ:QQQ Bears are coming out the woods and screaming we are doomed! We will revisit the Oct 2022 low around $250.
But hear me out. What if we are looking at a gigantic Cup and Handle? 🤔
QQQ can drop to $325 and cup and handle is still possible. 🚀
If QQQ gets below $325, I will admit that it was just an illusion.
pt 1 NVDA AAPL MSFT AMZN GOOGL META TSLA Price ForecastNVDA AAPL MSFT AMZN GOOGL META TSLA Price Forecast
support and resistance guide
QQQ/IWM Pair trade correction ideaRecent bearishness on the QQQ, think it is time to be bearish on the QQQ and bullish on the IWM. If you know how to do pairs trading there you go, if you don't this a good one to practice on. Also check out NDX/RUT for longer term data.
QQQ Triangle NASDAQ:QQQ Triangle looks like it sees 325 could keep falling beyond that but seasonality , the fed, and many ether factors can impact the price.
NVDA AAPL MSFT AMZN GOOGL META TSLA Price ForecastNASDAQ:NVDA NASDAQ:AAPL NASDAQ:MSFT NASDAQ:AMZN NASDAQ:GOOGL NASDAQ:META NASDAQ:TSLA Price Forecast
00:00 Economic Data Psychology, AAII Sentiment Data, Earnings, Fear & Greed Index
04:00 QQQ Stock Price Forecast
07:18 Sp500 ETF Price Forecast
11:43 Tesla Stock TSLA Forecast Technical Analysis
13:45 Nvidia Stock NVDA Forecast Technical Analysis
15:48 Apple Stock AAPL Forecast Technical Analysis
17:02 Amazon Stock AMZN Forecast Technical Analysis
20:03 Google Stock GOOGL Forecast Technical Analysis
24:42 Microsoft Stock MSFT Forecast Technical Analysis
27:19 Meta Forecast Technical Analysis
QQQ bounce?Fairly extended for an index fund although strong down trend. Could see a dead cat bounce here into 15m supply. Pressing bollinger bands on 1H and 4H.
Tech is a falling knife!Looks like its headed toward $300. Any moves up will likely be sold into until a bottom is formed.
A review on my analysis published last sunday!I published my analysis for patrons on October 22nd!
30 charts in 1 analysis for the most important week of this quarter!
you can find the analysis link:
What does 5% look like?What does 5% look like on a chart? Treasury prices have plummeted, sending benchmark 10-year yields above 5% for the first time in 16 years. Governments issue bonds when they want to borrow money. Bonds issued by the US government are called Treasurys. If you buy a bond, you're giving them a loan. The bond itself functions as an IOU note, with the holder entitled to regular interest payments and repayment of the loan in full at a later date.
Over the past 18 months, FOMC has raised benchmark interest rates by more than 500 basis points – the steepest increase since the 1980s. In recent months, the central bank has signaled it plans to keep rates high well into 2024 until its 2% inflation target. Remember, yields move in the opposite direction to bond prices. When borrowing costs go up, bond prices fall because their fixed returns become less attractive to investors.
QQQ YTD = +31%
YTD low = -2%
YTD high = +46%
QQQ 20yr average ROI = 10.6%
QQQ 10yr average ROI = 20.1%
QQQWe tend to see the market rally in Q4, I not feeling too confident on that. QQQ looks like it won't hold support. Testing a support level as earnings season is underway...not looking too good. Look out below...?
$QQQ, $NQ, NASDAQ, QQQ short positionsNASDAQ:QQQ continues to weaken; I am short with various entries in the yellow box. Now that NASDAQ:QQQ has established a newer "lower-low" it may rally a little; but it is overall short.
As such I'll be considering $374 as the top of my new box with $368 as the likely resistance zone to press these shorts.
I think we'll see a run on that resistance zone by late November that; given the weakness proven by the lower-low, will likely fail.
Liquidity is much lower; somewhere like $320. So the current liquidity pool will likely be broken sometime soon, next 2 months.
Monday’s range on QQQRan the high then back into range and a back test. Bleeds into weak daily and weekly charts.
$QQQ - what will it be?NASDAQ:QQQ bounced off of the lower trendline in a descending wedge. 👀
If it can break out of that wedge, it is not hard to imagine it making it to $391. For the near term, I think it could get to $367 - $370 area.
Until you see a breakdown below $348, I think it looks good for the bulls.
Key Levels:
- Watch $375 for bullish breakout. 👀
- Watch $348 for bearish breakdown. 👀
Rally may comeLooks like a rally is coming, but I'm very careful this time. It could be a retest of the broken trendline and then the price pulls back hard at the end of the week. I think we are at a consolidation phase, we will see ups and downs for a few days or weeks like it did before (yellow markups). I'm currently trading with short term options taking advantage of the ping pong movement until I see a clear direction.
