Technicals:
1. RSI has already moved to overbought
2. MACD is peaking
Fundamentals:
1. USD Debt Ceiling Resolution
Strategy:
I will be exiting when:
MACD makes 2 days consecutive dips
Waiting for price to react at the consolidate zone HKEX:25 -25.50... so I can go long. My Target buy is at $24.33... this area has a lot of reaction.
GT - VTN - Fibo.
- TQQQ has broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate.
- It also gave positive signal from the double bottom formation at the break up through the resistance at 23.69.
- Further rise to 30.60 or more is signaled.
- The stock has broken a resistance level in the short term and given a positive...
Will sell off into Early May.
Target 25 by end of next week, could see as low as 23 before this recovers after a grueling distribution phase this past week.
Drop starts now into close, then we will see a gap down tomorrow 4/21 and continuation down from there.
- TQQQ has broken the floor of the rising trend channel in the short term, which indicates a weaker initial rising rate.
- TQQQ has broken up through resistance at 27. This predicts a further rise.
- TQQQ is assessed as technically positive for the short term.
QQQ / TQQQ is in uptrend on 1 hour chart. I am watching this to pull back to BB Lower Band. Then it should close up with green candle. I am planning to BUY it here. Target price should be upper Band.
Similar to the FNGU CTM 1.0 Technical Analysis, look for support at the $26 zone. Support line is broke, TQQQ could retrace back to $22.92. Could buy the inverse for short term trade below $26 and sell around $23. I'm long on TQQQ so looking to reup on buys in that area unless the 2nd line of support is broken. Paying attention to the MACD here for continued trend...
As we come to a crossroads between a banking crisis, debt crisis and other catastrophic financial and geo-political events going on, SQQQ has set a new yearly low. I have sold my TQQQ and will start accumulating SQQQ at this price.
Our CM_Williams_Vix_Fix Finds Market Bottoms indicator is signaling a heavy floor in this area.
We just broke up from underneath our...
A deep technical analysis as to why I took profit on my 8000 shares of TQQQ and some mistakes I made on my trade that I could of done better.
- Also what to look for on Monday, Monday is likely a buying the dip opportunity day for the next move up on SPY and QQQ, i explained what we should be looking for to be buying in again.
- the weekly higher low is set and...
using this order flow/volume zone and volume weighted average strategy theres clearly still a bearish bias on the outlook for the nasdaq hourly. im guessing we come up to touch the resistance zone/averages and back down to do the same to lower levels.
![TQQQ: TQQQ - Rising Trend Channel [MID TERM]](https://s3.tradingview.com/f/f7uz1IVP_mid.png "TQQQ - Rising Trend Channel [MID TERM]")
![TQQQ: TQQQ - Resistance be Support [SHORT TERM]](https://s3.tradingview.com/d/dx3n1FaI_mid.png "TQQQ - Resistance be Support [SHORT TERM]")
