QQQ NASDAQ:QQQ
PROJECTION/
QQQ levels to keep an eye on.
Pressure
314
310
anticipating a lot of activity around 311.50
QQQ NASDAQ:QQQ
lets see what the super computer has in store for us.
-gtxlc
gtxlc QQQ 27MAR23 momentum projection/ break-even
Anticipating QQQ to continue on w/ bullish pattern.
lets see what the super-computer has in store for us...
-gtxlc
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After the recent target hit on the SPX long side we are looking short back down to comfortable exit areas, noted on our chart.
Dow Jones is trading within a Channel Up on the 1H chart (RSI = 41.064, MACD = -20.100, ADX = 30.196), currently on the bearish leg towards the Higher Low trend-line. The MACD is about to make a green cross, which is a bullsh signal. It can still take a few hours until the formation prices the Higher Low (even sideways) so there is still time to enter. Our TP is...
S&P is testing today the 4H MA50 for the first time since it broke it on February 21st. Crossing and closing a 1D candle above it will be a bullish development especially if the 0.382 Fibonacci level, which has been acting as a Resistance so far at 2,650, also breaks.
On that occasion we will be expecting an extension towards the 0.618 Fib around 2,930, which is...
SPX has been trading within a Channel Up on the 1W chart since the October 03 2019 low (RSI = 68.663, MACD = 94.760, ADX = 55.372, Highs/Lows = 80.7537). At the moment the price was rejected near the Higher High trend line and since the RSI on the 1D chart in on a bearish divergence we expect the pull back leg for a Higher Low.
The 1D MA50 last time supported the...
