QQQ - Nasdaq 100 is poised to move substantially lower

4 мая 2022 г.

We continue to be bearish on QQQ. Because of that, we would like to set a new short-term price target for QQQ at 310 USD. We would also like to set a medium-term price target of 305 USD.

Technical analysis - daily time frame
RSI is neutral. MACD and Stochastic are bearish. The same applies to DM+ and DM-. ADX reflects a strong downtrend. Overall, the daily time frame is bearish.

Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. ADX grows which is bearish. Overall the weekly time frame is bearish.

Please feel free to express your ideas and thoughts in the comment section.

DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.

4 мая 2022 г.

Заметка

NQ1!, Nasdaq continous futures:

5 мая 2022 г.

Заметка

5 мая 2022 г.

Заметка

5 мая 2022 г.

Сделка активна

A classic bearish pattern played out. We continue to be bearish on QQQ.

6 мая 2022 г.

Сделка закрыта: достигнута тейк-профит цена

Our short-term price target of 310 USD has been reached.