Hi Traders, QQQ did recover little bit from Friday pre market sell off but still close in -0.82% . Key support - 320.94, 318.30 Key resistance- 323.30,324,54 Watch the premarket high and Low as resistance and support
Hi Traders, Market has rallied due to tension ease from Taiwan issue. APPL and other tech sector did really well. Watch these key area on smaller time frame for day trade 15min, 10 min , 5min.
Hi Traders, Market has broken to upward direction. if you are day trading watch these level on smaller time frame whatever suits you. Future is not moving much at this point, will check when Europe market open . I will be bullish on SPY if its gap up and break the 415.88 level. NEWS : Unemployment Claims will be out before market open 8:30
Hi Traders, In last session market was very choppy in start, be patience and wait for the right set up. Future is green right now market might gap up Watch these key area Support - 314.35,312.46 Resistance - 314.50,318.39,321.10
Hi Traders, Previous day trading session was very choppy in start. Need to be patience for right set up. Future is Green market might start with gap up. Watch the key resistance level - 413.16,416.616 Key support levels - 407.60.
Hi Traders, If we open below yesterday's close. ew might test 404,401 level, watch resistance of 410,413
Hi Traders, If market open below yesterday's close, watch support of 310,309 level. Major resistance is on 318,319 level
hi Traders, SPY chart looks much more bullish than QQQ. Earning will drive the sentiment Key area to watch Support - 410.94,409.60,406.86 Major resistance - 413,416 Good luck !
Hi Traders, We are starting new month, hopefully it all goes in positive territory. There are more earning coming this week watch on Tuesday after close- AMD Major Support Levels - 314,311 Resistance - 318-319
Hi Traders, US GDP umbers were less than expected EXP 0.4% Act -0.9%. On the other side AAPL and AMZN earning beats the estimate hence after market shares price was up. SPY is heading to very choppy area ( Consolidation area) There are few level we need to watch as market might gap up today. Support 410,406 Resistance- 414,416,417
Hi Traders, US GDP umbers for Q2 were negative on 28/07/22 EXP 0.4% Act -0.9%. On the other side AAPL and AMZN earning beats the estimate hence after market shares price was up. There are few level we need to watch as market might gap up today. Support 314,311,309
Hi Traders, SPY ETF has much better price action and set up for day trade if we compare with QQQ ETF Market rallied on Wednesday due to Earning / FED meeting was positive (No change in interest rate) Watch out these key levels of SPY. Support -403.13,396.40,391.63 ( Good scalping area) Big companies are reporting earning hence market will be volatile
Hi Traders, Market rallied on Wednesday due to Earning / FED meeting (positive-No change in interest rate) Watch out these key levels of QQQ. Support -304.87,302.32,300.84 ( Good scalping area) Meta(Facebook) - Q2 results are out and meta has dropped more than 4% aftermarket and will impact Nasdaq( QQQ ETF) AAPL/AMZN Earning will be out after market close...
Hi Traders, -QQQ is under pressure more than SPY. -After market hour AMZN dropped more than 4% putting more pressure on overall market -I will wait for 303 level to be crossed before i considered any LONG position . - For short position wait for 296-297 level to be break.
Hi Traders, -Yesterday session was in prior day( Friday ) range, No major breakout. -Still expecting the same scenario in play for LONG and SHORT. -Watch the POC area can react as resistance or support after breakout - 50SMA reacting as resistance Key resistance level -395-396 Key support level - 392-393
Hi Traders, As its been rallying from past week and Friday was correction day. we can expect both ways (Bull/Bearish) set up for Monday. watch these key levels for SPY IF market open above or crossed 396 -Wait for market to be settled next target 400 and 405 IF market open below or cross 391-392, Expect next short target 389 and 386
Hi Traders, Friday market had some correction. SNAP poor earning draw the market down. Let see what next week come with On Monday If market open or cross 305 level we can expect another bull run on QQQ, can reach to 307 or can cross it. Another scenario if market cross 300 level. wait for Bearish set up for target level of 297-295
Hi Guys, Nice 3 days of rally in QQQ, supported by TECH sector/earnings. Market heading to strong consolidation area . Next week AAPL earning on 28/07 will be BIG catalyst for QQQ. Key levels -> Support - 303-304 Target 309 and 311