Invesco QQQ Trust, Series 1
Viés de alta
Atualizado

Tech squeeze

1506
I think starting tomorrow a big push up in tech is probable. Today we had a falling wedge, a breakout and retest. With the mid time frame rsi this low, chances are it will be reset. Target area around 382....
Nota
falling wedge and retest on 15 minute chart - snapshot
Nota
nq popped up overnight, but a move down before a larger move up looks possible

snapshot
Nota
if the trendline (green) holds, it will be a smaller pullback and more upside for today. snapshot
Nota
spx at horizontal support. Small time frame rsi quite oversold, expecting a bounce and/or rally at open. snapshot
Nota
dips should be bought, but kepping stops at breakeven in case something else happens snapshot
Nota
could be ABC on QQQ - snapshot
Nota
watch for possible head and shoulders here - snapshot
Nota
either we correct here or one more move up, looks like A wave is close to being finished. A corective move right now (for me) would be a B wave. After the FOMC we get C (up). At least that's what it looks like now. snapshot
Nota
NQ structure I'm watching. Still thinking we're in B with C next. Tech should outperform some more. snapshot
Nota
if NQ is a bear flag, we go back to the lows, then we'll see the rsi for the possible C wave. snapshot
Nota
this could be wrong, but smaller RSI needs to be reset. Part of the larger B wave before C. I will be away today, don't forget FOMC at 2pm. snapshot
Nota
this is spx, but QQQ will move similar. THis is what "i think" is coming into and after fomc. Just an idea before I'm out for the day, fwiw - snapshot
Nota
Good morning, the C wave on tech started overnight. Hard to say exactly where this ends, so be careful. I prefer collecting shorts slowly during the day. SPX also now near it's monthly BB target. snapshot
Nota
C wave on SP - snapshot
Nota
one more move up after open is probable on tech and the market. To me this would be a shorting area. Good luck! snapshot
Nota
qqq gap area almost filled. snapshot
Nota
spx 15 minute rsi very low, I expect one more high or doubletop. at least be careful here. snapshot
Nota
looks like the C wave is done (as of now)> A move up here may just be an opportunity to short. IWM leading downward. snapshot
Nota
float up to take out late shorts, maybe into EOD but that's doubtful.
Nota
SPX close to .618 fib. A little more than that would be ok but not much more. snapshot
Nota
sell bounces snapshot
Nota
nope, it looks like rsi is pointing at this being a B - another wave up into tomorrow for a double zig zag. If they break the lows it's wrong, but my guess is they will squeeze it out as much as they can. snapshot
Nota
possible bear trap, just be careful
Nota
rsi is very low here, suspicious, C possible - snapshot
Nota
NQ at trendline, I may be overly cautious, but I don't like this setup for bears right now. Maybe tomorrow it looks better if it breaks. snapshot
Nota
one more low is possible, but I'm uncertain right now. RSI getting lower would be helpful. Daily 18ma at 4500 on this chart. That may be the target. snapshot
Nota
Could go higher but we're in a resistance area on SPX futures snapshot
Nota
taking shorts here with a tight stop. it could be wrong, but I think this is the pattern. Goal is the 18ma around 4500. snapshot
Nota
if we sell from here it would be beautiful logic. Bears got trapped this morning and probably covered. Right now longs are probably buying at the high of the day. It may not be correct but if it works out as I suspect, the sell down could be a good one. May take a few days to complete if correct. snapshot
Nota
they keep ramping it up. I got stopped out, but I am going to collect shorts around 4600 on this particular chart. Structure is probably the target, and then a move down. It may not happen, but this is what the RSI is telling me right now. Repeat of yesterday, probably turn around 2-3pm I think. snapshot

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.