Tomorrow likely heavy selling $QQQI have some mega bearish energy for tomorrow morning. It's likely on news and will be retraced, so looking to get out of overnight shorts around 10:15-10:50 in the morning. Then buy it.Shortby JenRzUpdated 112
$QQQ Rectangle Pattern on hourlyNASDAQ:QQQ Rectangle Pattern on hourly "A rectangle is a pattern that occurs on price charts. A rectangle is formed when the price reaches the same horizontal support and resistance levels multiple times. The price is confined to moving between the two horizontal levels, creating a rectangle. The concept of a rectangle is similar to a Darvas Box." Estimating a morning pump near as it is not far from resistance and bounce back to the downside. Please note with the indicator i am using, i take the target as an approximation and don't relay on it as the targets are not always viable and it is something i am testing. What are your thoughts? Thanks, Kelly Shortby angelbaetrades2
a new rally would start today?QQQ made a nice breakout yesterday. The upper correction trend line has been broken by a strong candle and relatively high volume. Today we can wait for confirmation.Longby asharifan0
Opening (IRA): QQQ Nov/Dec 304/390 Short PutsComments: Targeting the <16 delta short put in the shortest duration paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market without actually being in the stock. Here, just rounding out my fourth quarter positions at strikes better than what I currently have on. November 17th 304: 3.07 credit December 15th 290: 2.98 creditLongby NaughtyPinesUpdated 1
QQQ targets hit, Now down to $342Today is the day as I understand it from my dowsing work to get short for some heavy downside pressure in the very near future. Today should give the upside for an ideal entry. That last QQQ idea was was beyond good, and I'm hopeful that this one will be just as sweet. The date I'm seeking this lower target by is September 9th or so. Maybe the 12th. It's a zone at this point, but timing can be tricky going out this far for me. I am getting better at the shorter term timing though, and today seems to be the date of entry, especially since the upside targets were hit yesterday. I guess we'll see! Shortby JenRzUpdated 114
Puts QQQJust bought some puts. Price has previously reacted aggressively at 374 level and it looks overbought. I hope it opens tomorrow with a gap down.Shortby ArturoL0
QQQ: MAJOR RESISTANCE AT 372As we can see, QQQ has been struggling with the 372 Level since March 2022, with a major test coming following this rally with the JOLTS data coming in lower than expected Here's what we got playing out in our favor: - 3 Day Golden Cross on our 50 / 200 MA indicator - 3 Day Stochastic RSI Golden Cross - Bullish Engulfing Candle about to close after the trading day BUT, WATCH THE 3 DAY RSI FOR LOWER HIGHS - * caution indicator * the RSI on our TDI Indicator (Yellow Circle) has made a lower high HOWEVER, with a bullish engulfing candle, 3 day golden cross, & momentum returning into the Stochastic RSI. We remain LONG TERM BULLISH, however we must take into consideration the lower high on the RSI & the fact that September is historically a down month for stocks So will watch the Qs & AMEX:SPY carefully in the next 4 weeks Longby Jonalius1
is the QQQ rally is a repeat of June - August 2021?It looks like a bull market, but so did June - August last year.Shortby lavoriamoUpdated 113
PART 1 SPY QQQ + 7 Mega cap TECH stocks ForecastPART 1 SPY QQQ + 7 Mega cap TECH stocks Forecast Technical AnalysisLong19:03by ArcadiaTrading112
$QQQ on 4hour Head and shoulders formationNASDAQ:QQQ on 4hour Head and shoulders formation on 4hr and 6hr time frames. "The head and shoulders chart depicts a bullish-to-bearish trend reversal and signals that an upward trend is nearing its end." What are your thoughts? Thanks, KellyShortby angelbaetrades114
Is this a fake head and shoulder? $QQQlast Friday I really really thought we were going to 355 then we rebounded quick. This week we get another opportunity again. I really don't have any bullish set up. I am interested if we break 360 for a nice push to 355.Shortby menskyl963
QQQ: Great Trading Opportunity QQQ - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long QQQ Entry Point - 364.07 Stop Loss - 352.75 Take Profit - 385.54 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals887
$QQQ -Bears been Missing - Invesco's NASDAQ:QQQ uptrend continues to remain valid, despite last weeks close in red ; while its series of Higher Highs are now places of buyers interest due to price action retracements. Price levels to continue acting as Uptrend Supports during Rising Channel's uptrend resumption. It would take a catastrophy to plunge the price of NASDAQ:QQQ considering so many supports below, while price reversing below the last touch of broken Trendline Resistance from ATH's seems 'impossible' from Fed's upcoming $USSIRY alone. Yet, that is still to be seen. Looking at Invesco NASDAQ:QQQ from ATH, a Change of Character was spotted on *W(tf). Zooming on *3D & *D (tf) a Rising Channel pattern seems to be in place, with its Resistance Trendline being respected from Price Action resulting to a negative -2.6% drawdown rejection on the last 3D* candlestick print. TRADE SAFE *** Note that this is not Financial Advice ! Please do your own research and consult your own Financial Advisor before considering partaking any trading activity based solely on this Idea . by Mr_J__fxUpdated 8
$qqq monday plan ✍️Levels that I’m not watching. PML ($363.58) if break bellow I’ll will be waiting and trade the same level as a buyside (breakout only on green candle , white candle breakout I’ll be waiting for the retest ) .. breaker ($365.59) trim level …Longby gleefulHunter878860
Part 1 long term OUTLOOK - QQQ SPY and 7 Mega Cap Tech Stocks Part 1 long term OUTLOOK - QQQ SPY and 7 Mega Cap Tech Stocks Long19:09by ArcadiaTrading1
QQQ Hammer on the 4hrStill long here with another hammer candle to show support in the uptrend. Don’t go short until you see it break the diagonal and new horizontal support ! Cheers, - “Not advice… it’s just how things work.”Longby ImminentDanger0