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Another week is in the books, and we have continued to see broader market conditions improve for squeeze plays. However, I will only be confidently optimistic if the $QQQ tech index is above the 486 bullish pivot going forward as stated many times…
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It would seem that the previously hyped geopolitical tensions in the Middle East have died down, and we can return to focusing on the broader market again. Ideally, we can regain strength on the $QQQ tech index over the 486 directional bullish…
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The prior momentum the $QQQ tech index was gaining over the critical 486 pivot level was put on hold after a series of war escalations occurred in the Middle East. So, for the time being, we will remain conditionally focused on this potential…
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It seems every day we get a little bit closer to breaking through that key/critical bullish pivot resistance at 486 for $QQQ tech index. Today we have GDP numbers coming out alongside some other more economic data. If we get a favorable GDP +…
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That’s now three consecutive magnet closes for $QQQ tech index at ~482-483 level. My thoughts are we are bullish if we stay above ~478 in the short-term. We must remain focused on levels from the daily chart. 486 is <1% away, and a break over it…
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We are looking at another bullish week ahead if we can get over the next critical level for the $QQQ tech index at 486. We came very close on Thursday, but the move didn’t hold up, and we retested back below 480. Nonetheless, the set still looks to…
Love this one! It’s been on/off the Watchlist for over a year 🙌
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We got our first rate cut in four years. How are we feeling? Futures being up ~1.5% overnight after a modest 0.43% decline for the $QQQ tech index yesterday after FOMC tells me bullish. Nonetheless, we will remain focused on critical levels on the…
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One day remains until the highly anticipated FOMC on Wednesday, and the markets are holding steadily into today’s data releases (as detailed below). The main levels we need to watch for the $QQQ tech index are as follows. The key support levels to…
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Another week in the books and the $QQQ tech index pulls off an impressive recovery this week–having gained >5% in the last 4 trading sessions. We remain focused on resistance levels at ~476 & 486 pivot to really start switching into high gear to…
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The broader market continues to favor the bulls. We have a few remaining resistances for the $QQQ tech index. They are at 476 and 486 pivot levels. If we can bypass both, I will be convinced of a return to uptrend and ultimately back to 500+. Bulls…
Never seen this before where all columns are GREEN 🙌
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Awesome alert during a down market🙌
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The bulls have been doing their best to hold ground leading up to the CPI report today. So long as we remain over 450, I do feel on the bullish side long-term. The main resistance that bulls need to break through are at 460, 465 to begin gaining…
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After a nice day yesterday, we managed to reclaim the first bullish pivot on the $QQQ tech index at 450. So long as we remain over 450, I do feel on the bullish side long-term. The main resistance that bulls need to break through are at 460, 465 to…
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I hope everyone has had a good weekend, but now it’s time to get back to finding the next squeeze. We had very disappointing price action on the $QQQ tech index on Friday after lackluster data didn’t satisfy the market makers and bulls. We still…
I always love to hear feedback like this about our little community! We keep working to grow and improve the platform slowly over time 🙂
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We managed to find some stability just above that main 455-460 level for $QQQ tech index. We filled the gap from August 15th. Now we want to critically hold support levels from 455-450 pivot or we risk an extended decline back towards 447-434 or 420…
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Hope everyone had a nice extended weekend in observance of Labor Day. Now we are back to the watchlists, and the first thing I want to focus on is the key support levels bulls need to hold for $QQQ tech index. The main level we need to hold to avoid…
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We are done with yet another week and rate cuts remain as the final catalyst of the next month or so. We need to keep an eye on support levels for $QQQ tech index at 468 and 465 before we get concerned about any further downside. On the optimistic…
Smash the like button if you bought the dip on $TEM yesterday!
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Sadly, despite the very positive results from the $NVDA earnings report, they didn’t meet the mountainous expectations of Wall Street analysts. Many are saying it is because the margin of beat has typically been 12% in the past, whereas yesterday it…
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Today is the big day.. $NVDA earnings are scheduled to be reported today after close. This will be the most significant near-term directional determinant catalyst for the entire market. So, let’s talk levels for $QQQ tech index. The main support…
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Another week begins with $QQQ tech index still strongly in an uptrend on all timeframes. The most critical resistance level that remains is the last bullish pivot at 486 from mid-June. We nearly broke that level last week but topped out at 485.54.…
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It seemed for a week or two that we weren’t ever going to have a red day again, but we have begun to see some jitters going into today’s Jackson Hole + Jerome Powell’s speech. The levels for the $QQQ tech index we must watch are supports at 470 and…
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Another day of green has taken the $QQQ tech index ever so slightly closer to the critical bullish pivot at 486. After this, we will likely see a move into the gap from 489 âž¡ 493 from July 16-17. At that point, the push back above 500 shouldn’t…
$TEM – yes that says 3600%, and yes I’m still holding 🙂
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After a stunning 8-day green streak for the $QQQ tech index, we finally had a flat day after failing to break 483 and the next pivot at 486. Bulls need to hold support levels at 476 and 471 before worrying about a larger pullback. There is currently…
$TEM I told you 💥💣
if you want to catch the next BIG SQUEEZE
Hey everyone, I wanted to bring a very special setup to your attention, $TEM – Tempus AI. This is a recent IPO with a data profile that I haven’t seen in a very long time, honestly since 2020 or so. It’s a large cap, established company that provides AI models for hospitals and… https://x.com/i/web/status/1807838519500628010
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The pivot levels have been working incredibly well to validate the continuation reversal rally for the $QQQ tech index. The next resistance levels we need to focus on are at 484.5, next structural pivot at 486 and then a potential gap fill from 488
$TEM I’m still holding 🔥💣
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Unbelievable callout from my man @DraculaTrading 🙌
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Hope you all had a great weekend. Back to the market casino today, and we are focusing on some key levels for the $QQQ index. The most critical support levels bulls need to hold are at 475.6 pivot, 460, and 450 before we ought to be concerned about
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Yesterday we came very close to the long-term pivot level at 450 for the $QQQ tech index, but we rejected at 449 intraday before closing at 431.71 in after-hours trading thanks to more bearish earnings sentiment. It will be important for bulls to
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We will remain laser focused on the 450 long-term pivot (resistance from 2Q24)for the $QQQ tech index today. Futures are getting a boost after the BOJ decided to cancel hiking their interest rates, which caused a return of the Yen carry trade
🙌 Today is the day we’ve been waiting for! All eyes on $TEM today after hours. I don’t know if it will, but I know that it can…
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After an unbelievably volatile session yesterday provoked by a mix of geopolitical conflict and sudden BOJ policy changes (rate hike) in the FOREX markets, the Yen carry trade blew up and forced leveraged traders to unwind. Despite this, the $QQQ
It’s gonna be a spicy week for earnings plays!!
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It seems not much can be said today other than I warned numerous times about how we could enter a deeper correction if the test of old 450 resistance for $QQQ as new support failed. So now the next support levels I am watching are at ~442-440 and then 412 before we think about a
Yesterday proved earnings results from some of the Magnificent 7 tickers will continue to weigh on the bullish reversal attempt the $QQQ tech index tried on Wednesday. I am expecting we will see a test soon of the 448-450 level as old resistance into new support. If we do not
