Multidecade chart showing 2000's 80% bubble pop and what that would look like currently $QQQ $SPY $IWM
Volatility Expansion from last week's $62 Expected Move. I actually expect us to burst to the upside and then Fade for the rest of the week. You can see the 'Event Risk' being priced in because of the G20, but on Monday we have a $47 Expected Move in one day alone. I marked this in Yellow on the screen. Interestingly enough, Monday's $47 move brings us up into...
Hi bros. I found parallel channel in nasdaq future. If it reaches entry level, it's a good chance for short position. Good luck. Thank you. Entry : 7056 Stop Loss : 7168 TP#1 : 6727 TP#2 : 6342
LIKE IS SAID WHATEVER THIS COMBO IS NQ1!+ES1!+DJIA1!
Current Price at Posting: 25588 Directional Bias: Long Price Target: 25850+ Good Entry: 25270-25320 Risk/Reward: Max of 50 point risk / Potential Reward of 500-600 points. Trade Idea Invalidation: Hourly Candle close below 25250
Maybe its a good idea to enter at this level but be carefull with your trades.
A careful look on Nasdaq's historical volatility shows that the current downtrend that the index is going through since October is not uncommon during the current long term bull cycle. Since 2008 recession and the start of the new bullish cycle, the index has undergone three similar downtrend sequences of around roughly -18% each (along with a few other minor...
Current Price at Posting: 6589 Directional Bias: Long Price Target: 6800+ Good Entry: 6530-6550 Risk/Reward: Max of 40 tick risk / Potential Reward of 200 ticks. Trade Idea Invalidation: Hourly Candle close below 6500
SQQQ gap fill + upcoming supports. Watch.
Hi guys ! I post my trading idea for a short trade on NASDAQ. As you see in the pattern the tech index failed to gain a new top and now we have a (big correction) but which are the key price levels. As we see from the patern we have a shooting star patern , the candle after is a big red candle as it follows the one from November . Posibly the trend will follow...
Further to my post on NFLX, NQ1! price action looks very similar and I wonder which is the dog or the tail. Nevertheless, there an ABCD completion, a higher low which is confirmed by the MACD cross over, for a potential CD leg up.
Its a good idea to long but no at this point be aware of 6600 to 6400 to enter and mark your SL on 6200, I know it a little bit high the SL but the profits can go to 7000 to 7200 so, look for the best price to enter this.
Directional Bias: Long Price Target: 7150 Good Entry:6800-6820 Risk/Reward: Max Risk of 30 points/Potential Reward of 250-300 points Closing below 6800 hourly candles invalidates.
Kind of a mindless doodle but anything is possible.
Directional Bias: Short Price Target: 7140-7160 Good Entry: 7000-7020 Risk/Reward: Max Risk of 30 points/Potential Reward of 100-130 points If target is reached on the idea titled "Some NQ Loving", it would present a good opportunity for a little retrace. Given how weak AAPL is, a gap fill type move isn't out of the question.
Directional Bias: Long Price Target: 7140-7160 Good Entry: 6840-6860 Risk/Reward: Max Risk of 30 points/Potential Reward of 250-300 points Trade invalidates on a close below 6825 on the hourly candles.
Directional Bias: Long Price Target: 2770 Good Entry: 2695-2705 Risk/Reward: Max Risk of 10 points/Potential Reward of 60-70 points