The QQQ stock has surged more than 8% from last Monday's lows, which were marred by panic selling due to the collapse of the Japanese stock market and fears of a U.S. recession. Does this rally signal that the fears have dissipated? Not necessarily. Currently, the price is hovering near a resistance zone formed by the median line of the channel (indicated in...
273.50 Above trendline breakout possible 280 above very strong 278/281/285/290 can test if market reverse from here strong move possible
strong support level , HORIZONTAL need to hold for upmove 98 above can go up 100/105/109/114 can test soon
113 above breakout 118/121/125/ 130 can test soon Trendline breakout expected 21 above holding so looks strong
178 first time breakout 183 above 2nd breakout expected 190/195/200/205 expected to test 21 ema acting as a strong support
This is my analysis for SPY for this week. Make sure to DM me for any questions or doubts. NOTE:DO NOT SHORT THE MARKET
Attached: Nasdaq 100 CFD Daily Live Chart as of 25th April 2023 Was waiting for a quite a while for this to play out and it finally has today in the Nasdaq Price formed a Distribution Pattern and today we are finally getting the Breakdown MACD also in Sell Mode 13k Level is Lost and below 12800 it is a Confirmed Breakdown. This has BEARISH Implications, a Top...
Attached: NDQ Daily Live Market Chart as of 20th March 2023 - Price has triggered a Bearish Anti Butterfly Harmonic Pattern - Price has also broken Previous Day Low with Previous Day being a Doji Candle - And this Sell Off today comes after a Run up which is potentially a False Breakout from a Bull Flag - The saying goes like, "From False Moves come Fast Moves in...
Attached: Nasdaq 100 Daily Live Price Chart as of 28th March 2023 Pretty Straightforward Chart: - Price rejects for the 2nd time at 0.382 Fib, this is a Double TOP Sell Signal - Elliot Wave Count shows Corrective Bounce complete in form of WXYXZ with C wave of Z being an Ending Expanding Diagonal - Price puts in a Higher High but RSI puts in a Lower High, aka...
SELL BELOW: 1979 TARGET : 1039 Reason For Selling This Script : In this script it has formed head and shoulder pattern in in monthly time frame. Once this price close below the 1979 in monthly time frame and then try sell. Waiting for neckline breakout. Note : Above given levels are based on monthly & weekly time frame . So be patience it will take...
Queue is up now. Let's see it reach reaches the take profit or not.
TD DEMARK sequential indicator flashed a buy setup TD9 Previous TD9 on H1 caused the reversal So, minor pullback to kijen sen is possible In addition, the difference between Kijen and price is around 8usd which also makes the pullback plausible. Stochastic is also at extreme and attempting a bullish crossover. Monday and tuesday may see some short covering upto...
If we open where things are at as of (Sunday night), looking at lower targets of $335 and $329 this week.
QQQ seems to be a Long trade above 329 with Stop-loss of 317 and a Target of 345. One can look in to Long trade only if it crosses 329. This is for education purposes only.
Is this a fundamentally driven move (not a bubble, sustainable) or Papa Powell printer move? More chances of the latter.
Key Levels for QQQ INVESCO for INTRADAY TRADING are : Upper Breakout~184.80 First Target~186.10 Interim Resistance~187.70 Final Resistance~189.50 **Lower Levels** Lower Breakout~182.25 First Target~181.30 Interim Support~179.95 Final Support~178.90 Please trade with caution and consult your financial adviser before trading.