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Nasdaq35000hat

Big Tech go Bigly Big League? #TremendousFNGS the concentration of the bigliest 20 or so tech stocks, minus a couple they're randomly missing. But these are the big boys. Nice little duplicate arrow there Nice little dirty head and shoulders In a good channel right now, volume declining, like it usually does in uptrends with the preceding day big spike in buying volume which we also had. Closed Friday at the previous big gap down. Need to at least close that upper gap, probably to the moon though. #NASDAQ35000HAT #Tremendous
AMEX:FNGSLong
by TraderCaps
NASDAQ 35,000! But not yet, 1st bounce to 100DMA around electionGot some lines and what not there, all tasty stuff right. Checking around various time frames, got various gaps to retest and fill and what not. Got the overbearing original trend from last 10 years or so in heavy green dashed channel. That overbearing big trend, which we broke out of, conveniently going to line up with the 100DMA, along with a support line from some previous gaps to be filled, indicated by that triangle there, should happen around election time, CONVENIENTLY naturally lol. First we gotta play out the mini downtrend which we're in now, find support (gap line), and check out ~50% retracement of previous mini bull trend, conveniently at a gap line also, as indicated by the text on the chart there. Then probably test that overbearing big 10 year trend in thick dashed green into the rectangle zone, gotta bounce around a bit (as things play out will have more indication of what this will look like), and then retest the big 10 year trend again into our rectangle on the big trend/gap/100DMA convenient as always. Then we'll be pushing for our next leg up for newer highs before some retracement. And then on to NASDAQ 35,000! ;-) #NASDAQ35000Hat
NASDAQ:QQQ
by TraderCaps
2
BKNG Headed to retest 50DMA firstNice little chart on booking to watch. Got the gap up serving as support, showing so already, indicated by the dashed line. This is coming right into the 50DMA if we keep moving sideways. The 2 hourly chart showing three black crows coming down, looking like likely movement to the downside in the immediate future. Should be found by support at 50 DMA and will watch for reversal DOJIs and spinning tops to indicate reversal off this point. If it breaks through the 50 DMA support will be looking at the next gap support shown by lower dashed line and this coming into the 200 DMA to find sturdy support on the bottom channel. Previous recent highs as resistance and above that previous gap down indicated by solid white line as upper resistance. Looking for a 61% retracement off our newly forming lows to the previous recent high as a sturdy target, right now looking around 1865 to be determined in coming days when we find reversal. We’re also 5-6 days into a pull back cycle, typically these pull back cycles look to run 5-8 days before reversal. #NASDAQ35000hat
NASDAQ:BKNGLong
by TraderCaps