QQQ Weekly analysis done on Thu before Friday's rallyThis is how I saw QQQ weekly chart on my Thu night analysis
QQQ trade ideas
Stock Market and mega cap tech updatesStock Market and mega cap tech updates support and resistance guide
$QQQ - What will it be?NASDAQ:QQQ seems poised for an upward move, with tomorrow's non-farm payroll data set to determine its direction. The MACD indicator is currently at a crossroads.
It is trading within a descending wedge pattern. If it can maintain support at $353, there's potential for an upward move.
However, a break below $353 could lead to a drop to the $330 area.
QQQ Short under $372I took a short at $372 using credit-calls. The thesis is that NASDAQ:QQQ has made lower highs creating high-resistance liquidity and has shown a propensity to cheese-knife down below prior swing-lows.
This is a bearish run.
There is a swing-low at $348 that is a possible bounce area; but I think that NASDAQ:QQQ intends to challenge the $372 zone anyway.
This zone is an old swing low that was taken out which makes it a high resistance area. Fading a rally to this price makes sense.
The thesis is valid if the price action toward $372 is indirect and drawn out. The thesis is less valid if price moves strongly toward $372.
The prior swing-high at $380 is much higher resistance and presents a great short opportunity that could open up if $372 becomes challenged.
For now selling premium on the short side at $372 makes sense.
If we reach $348 a buying opportunity may form.
Lastly - 27th SEP took out the 18th AUG Swing-low thus I think the market structure is still bearish which makes any swing-higher to be fadeable unless it starts to take out prior swing-highs.
Cup and handle on weekly timeframeIs it possible that Nasdaq is forming a long term cup and handle formation?
$QQQ is holding the fourth wave support As long as the NASDAQ:QQQ is above the 340 this is considered as a fourth wave pullback and a beginning of the fifth wave to the upside
QQQAs much as I would like to see the market go higher from here, I could see QQQ dropping another 10% from here.
My technical analysis 10/04/2023The price at the moment at 1h POI long so advise you to consider for long position.
Criteria are 4h FVG, Key level, and price should make a correctional move till 15min POI short or 1h&4h POI short.
Need to be careful cause 4h trend downtrend.
QQQ Trade of the day 10/3Looks like the morning is going to be green. I'd buy at like 361 and hold up towards 363.
Short QQQHere are some ways to Short QQQ by buying an inverse ETF.
Is there an inverse QQQ?
Several inverse ETFs are available that gain when the Nasdaq 100 index falls. The ProShares Short QQQ (PSQ) returns the inverse of the index on a one-to-one basis. The ProShares UltraShort QQQ (QID) is a 2x inverse ETF, and the ProShares UltraPro UltraShort QQQ (SQQQ) is a 3x inverse ETF.
Big Gap Down 9/5?I think this setup warrants at least a few lotto puts for the next few weeks. Risk is incredibly high here with a rejection in the 380 region.
Here are my targets:
- PT1 349-360 in the time range of 9/5-9/8.. would not be surprised with a gap down after the long weekend to kick this off
- PT2 328-348 in the time range of 9/20-10/6... this is a more reasonable target that I expect to hit with higher probability than PT1.
** So in summary, I am very bearish on equities and crypto here. The larger picture is that we are completing a B-wave and about to begin a C-wave to new lows in 2024 (meaning the bottom will be in 2024, but the first leg down will start this fall). My goal target is QQQ 180 by June 2024 - I believe PT1 and PT2 on this chart will be how this crash wave gets initiated.
My analysis is based on my method which relies solely on math/price action, no economic factors/news/etc. are considered because they don't drive price action. However, below are some supplemental theories based on historic trends for why this gap down could occur next week:
~ Crypto is in trouble - if BTC breaks down 25k over the weekend then it will get hit hard to around 17-18k.. this kind of move will be significant enough to drag global markets with it
~ Historically the most brutal crashes have happened after a 3 day weekend (e.g. covid).. I'm not basing anything on this but since my charts indicated crash potential for Monday which is coincidentally after 3 day weekend is interesting.
*** 9/8 355 puts; 10/6 335 puts **
QQQ Watch for 310 levelQQQ is likely to drop to 310 zone and have a big bounce to 350. Traders should avoid catching the knife by entering buy size too early. Sit patiently and wait for the fall and when the day comes that it closes near 310 and it is solid red candle stick, buy.
QQQ Longs? QQQ 'Seasonal Tendency' shows to be bullish in October 91/100 times the past 100 years as long as August & September were bearish - Get ready for longs :)
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 Heatmap, QQQ Stock Price Forecast
06:52 Sp500 ETF Price Forecast
09:02 Tesla Stock TSLA Forecast Technical Analysis
10:02 Nvidia Stock NVDA Forecast Technical Analysis
12:13 Apple Stock AAPL Forecast Technical Analysis
13:55 Amazon Stock AMZN Forecast Technical Analysis
15:32 Google Stock GOOGL Forecast Technical Analysis
16:54 Microsoft Stock MSFT Forecast Technical Analysis
18:06 Meta Forecast Technical Analysis
$QQQ Quarter 3 (Q3) AnalysisQQQ lost a support level during the last week of Q3. The last time this happened QQQ climbed up to a new all-time high in 2021 (shown by the yellow arrows). I believe the NASDAQ and its leverage-related ETFs are trending up to a new all-time high over the next few months (marked by the green circle). However, there was a special rebalance that occurred in July that is designed to slow the NASDAQ’s growth since the NASDAQ has been very strong this year. We still haven’t observed this effect yet since the stock market has been in a correction since the rebalance, but I’d imagine it will lead to a slower growth.
Descending TriangleTop line slopes down and is resistance.
Bottom line virtually flat and is support.
Price is at support today and there is a spinning top candle of indecision.
No recommendation.
Neutral pattern until broken with a trend in that direction.
I think we are going long for QQQ and I will explain why.I think that we are going long for the QQQ based on my chart analysis. We are bouncing off a support zone and we were also overextended from the lower Bollinger band. We are also oversold on the RSI Heikin Ashi. And the MACD selling pressure is decreasing. I do not know how long we will go up but I feel like we will go up.
NVDA AAPL MSFT AMZN GOOGL META TSLA Price ForecastNVDA AAPL MSFT AMZN GOOGL META TSLA Price Forecast
Welcome 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 Economic Data, AAII Sentiment Data, Rate hike Data.
02:12 QQQ Stock Price Forecast
06:57 Sp500 ETF Price Forecast
08:14 Tesla Stock TSLA Forecast Technical Analysis
09:44 Nvidia Stock NVDA Forecast Technical Analysis
11:35 Apple Stock AAPL Forecast Technical Analysis
12:51 Amazon Stock AMZN Forecast Technical Analysis
14:20 Google Stock GOOGL Forecast Technical Analysis
16:14 Microsoft Stock MSFT Forecast Technical Analysis
17:28 Meta Forecast Technical Analysis
QQQ: "Santa Rally" is approaching. Trading idea for 29/09/2023Analysts at the Goldman Sachs investment bank draw attention to the seasonality of the US stock market. They point out that stock prices at the end of September and the first half of October are typically at their lowest just before the onset of the next growth cycle called the "Santa Rally".
Yesterday, 28 September 2023, US Federal Reserve Chairman Jerome Powell refrained from commenting on the future monetary policy to possibly avoid triggering new stock market sell-offs. Investors are currently approaching the situation with cautious optimism.
Given these factors, it is interesting to look at the stocks of technology companies, since they are the most volatile and have greater recovery potential. For today, our focus is on the QQQ chart, a fund that invests in tech stocks that make up the Nasdaq index.
On the D1 timeframe, support has formed at 353.20, with resistance at 362.05. If quotes consolidate above the 357.82 level, a resistance breakthrough is possible. On the H1 timeframe, the target for price growth in the short term may be at 362.05. In the medium term, it can continue increasing up to 375.55.
—
Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews.
The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.87% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
QQQ bullish crossoversQQQ closed above 357.50 resistance from June. HMA and stochastic crossed over. Volume was 10 million higher than the 48M average. Friday should be full of volatility, but I will holding my Oct 20 360 calls regardless. Good luck!
Couple of Plays & TSLA NVDA AAPL MSFT AMZN GOOGL META Price ForeWelcome 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 Why Market Bounced, Sentiment Data, Rate hike Data.
02:51 My trade Review, SOXL, YINN, LABU
06:58 QQQ Stock Price Forecast
09:33 Sp500 ETF Price Forecast
11:00 Tesla Stock TSLA Forecast Technical Analysis
11:49 Nvidia Stock NVDA Forecast Technical Analysis
12:50 Apple Stock AAPL Forecast Technical Analysis
14:53 Amazon Stock AMZN Forecast Technical Analysis
16:05 Google Stock GOOGL Forecast Technical Analysis
16:55 Microsoft Stock MSFT Forecast Technical Analysis
18:02 Meta Forecast Technical Analysis
