‌$Invesco QQQ Trust-ETF(QQQ)$ -To The Moon - Tiger Brokers Online Investing Community - To The Moon

‌$Invesco QQQ Trust-ETF(QQQ)$ ‌

Last week we talked about island reversal pattern spotted and how we are likely about to head down.

This week it was spot on as we closed almost 3% down on ‌‌ and slightly over 2% on ‌‌ . Fantastic week our guys! Nailed the top and bottoms.

The pattern has been confirmed with ‌‌ also doing that long awaited bounce since we spotted the bottoming process many weeks ago.

VIX is oversold on monthly charts, weekly chart finally crossed bullish as warned on last week's video that its about to do it soon causing a huge spike on VIX. The next move for VIX can go up to the 30s and higher. So this move will likely not be corrective.

Flows have changed since june OpEx as I have been saying for past 2 months and July OpEx was a perfect example where we closed down instead of up.

Still not sure what to spot for in the upcoming week?! Watch the video now and stop missing out!

As always, trade safe and invest wise!

Subscribe to my YouTube channel for your weekly market outlook and technical analysis videos!

www.youtube.com/c/investing101channel

Video Link:

https://youtu.be/Fm8gXrMWchQ

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

pixiezz
2023-08-17
pixiezz
With 7 days til NVDA my gut tells me they will like a similar after earnings pop better than pre earnings run then sell if guidance sounds less than perfect. With aapl dragging index down just think 370 before NVDA be difficult.
jingli
2023-08-07
jingli
Opening a long position in any stock right now is a bad financial decision.. market cycles you want to buy the best stocks at their 52 week lows this market is way overpriced and oversold..
frostiix
2023-08-07
frostiix
Suggest moving money from nas to dow. ratio of dow to nas is at bottom of trendline, r-squared = 0.92. switch back to nas when dow hits 39K or 2.8 X nas. Dow is set to rise over the next 8 months.
vippy
2023-08-17
vippy
qqq was $281 at the time of this post, then went up to $387, tsla was $131, went up to $299....
snixxx
2023-08-07
snixxx
who knows what direction the Nasdaq will go in Monday. That being said, I do not see any immediate barriers to gains. Earnings are doing surprisingly well.
frosti
2023-08-17
frosti
I still think temporary bounce at 360 if not permanent. Might be good day trade.

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Fantastic week our guys! Nailed the top and bottoms. </p>\n<p><br></p>\n<p>The pattern has been confirmed with ‌‌ also doing that long awaited bounce since we spotted the bottoming process many weeks ago. </p>\n<p><br></p>\n<p>VIX is oversold on monthly charts, weekly chart finally crossed bullish as warned on last week's video that its about to do it soon causing a huge spike on VIX. The next move for VIX can go up to the 30s and higher. So this move will likely not be corrective.</p>\n<p> </p>\n<p>Flows have changed since june OpEx as I have been saying for past 2 months and July OpEx was a perfect example where we closed down instead of up. </p>\n<p><br></p>\n<p>Still not sure what to spot for in the upcoming week?! Watch the video now and stop missing out!</p>\n<p><br></p>\n<p>As always, trade safe and invest wise! </p>\n<p><br></p>\n<p>Subscribe to my YouTube channel for your weekly market outlook and technical analysis videos! </p>\n<p><br></p>\n<p>www.youtube.com/c/investing101channel </p>\n<p><br></p>\n<p>Video Link:</p>\n<p>https://youtu.be/Fm8gXrMWchQ</p>\n<p class=\"t-img-caption\" style=\"display: flex; flex-direction: column; align-items: center;\"><img src=\"https://community-static.tradeup.com/news/f9a6f2158f9391015e468d886145f079\" tg-width=\"200\" tg-height=\"200\"><img><span><br></span></p>\n<p><br></p></body></html>","htmlText":"<html><head></head><body><p>‌<a href=\"https://laohu8.com/S/QQQ\">$Invesco QQQ Trust-ETF(QQQ)$ &nbsp;</a>‌</p>\n<p>Last week we talked about island reversal pattern spotted and how we are likely about to head down. </p>\n<p><br></p>\n<p>This week it was spot on as we closed almost 3% down on ‌‌ and slightly over 2% on ‌‌ . Fantastic week our guys! Nailed the top and bottoms. </p>\n<p><br></p>\n<p>The pattern has been confirmed with ‌‌ also doing that long awaited bounce since we spotted the bottoming process many weeks ago. </p>\n<p><br></p>\n<p>VIX is oversold on monthly charts, weekly chart finally crossed bullish as warned on last week's video that its about to do it soon causing a huge spike on VIX. The next move for VIX can go up to the 30s and higher. So this move will likely not be corrective.</p>\n<p> </p>\n<p>Flows have changed since june OpEx as I have been saying for past 2 months and July OpEx was a perfect example where we closed down instead of up. </p>\n<p><br></p>\n<p>Still not sure what to spot for in the upcoming week?! Watch the video now and stop missing out!</p>\n<p><br></p>\n<p>As always, trade safe and invest wise! </p>\n<p><br></p>\n<p>Subscribe to my YouTube channel for your weekly market outlook and technical analysis videos! </p>\n<p><br></p>\n<p>www.youtube.com/c/investing101channel </p>\n<p><br></p>\n<p>Video Link:</p>\n<p>https://youtu.be/Fm8gXrMWchQ</p>\n<p class=\"t-img-caption\" style=\"display: flex; flex-direction: column; align-items: center;\"><img src=\"https://community-static.tradeup.com/news/f9a6f2158f9391015e468d886145f079\" tg-width=\"200\" tg-height=\"200\"><img><span><br></span></p>\n<p><br></p></body></html>","text":"‌$Invesco QQQ Trust-ETF(QQQ)$ ‌ Last week we talked about island reversal pattern spotted and how we are likely about to head down. This week it was spot on as we closed almost 3% down on ‌‌ and slightly over 2% on ‌‌ . Fantastic week our guys! Nailed the top and bottoms. The pattern has been confirmed with ‌‌ also doing that long awaited bounce since we spotted the bottoming process many weeks ago. VIX is oversold on monthly charts, weekly chart finally crossed bullish as warned on last week's video that its about to do it soon causing a huge spike on VIX. The next move for VIX can go up to the 30s and higher. So this move will likely not be corrective. Flows have changed since june OpEx as I have been saying for past 2 months and July OpEx was a perfect example where we closed down instead of up. Still not sure what to spot for in the upcoming week?! Watch the video now and stop missing out! As always, trade safe and invest wise! Subscribe to my YouTube channel for your weekly market outlook and technical analysis videos! www.youtube.com/c/investing101channel Video Link: https://youtu.be/Fm8gXrMWchQ","highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":8,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/206081517441048","repostId":0,"isVote":1,"tweetType":1,"viewCount":294,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["QQQ"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":921,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":209890666807344,"commentId":"209890666807344","gmtCreate":1692263339915,"gmtModify":1692263347508,"authorId":9000000000000341,"author":{"id":9000000000000341,"idStr":"9000000000000341","authorId":9000000000000341,"name":"pixiezz","avatar":"https://static.tigerbbs.com/a5d8c2eb1c079c85b43879eb951e8684","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":206081517441048,"objectIdStr":"206081517441048","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<p>With 7 days til NVDA my gut tells me they will like a similar after earnings pop better than pre earnings run then sell if guidance sounds less than perfect. With aapl dragging index down just think 370 before NVDA be difficult. </p><p></p>","text":"<p>With 7 days til NVDA my gut tells me they will like a similar after earnings pop better than pre earnings run then sell if guidance sounds less than perfect. With aapl dragging index down just think 370 before NVDA be difficult. </p><p></p>","html":"<p>With 7 days til NVDA my gut tells me they will like a similar after earnings pop better than pre earnings run then sell if guidance sounds less than perfect. With aapl dragging index down just think 370 before NVDA be difficult. </p><p></p>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":106499763,"commentId":"106499763","gmtCreate":1691401788554,"gmtModify":1691401795781,"authorId":9000000000000430,"author":{"id":9000000000000430,"idStr":"9000000000000430","authorId":9000000000000430,"name":"jingli","avatar":"https://static.tigerbbs.com/63628df5dc89c97600c23240f5960480","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":206081517441048,"objectIdStr":"206081517441048","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<p>Opening a long position in any stock right now is a bad financial decision.. market cycles you want to buy the best stocks at their 52 week lows this market is way overpriced and oversold..</p>","text":"<p>Opening a long position in any stock right now is a bad financial decision.. market cycles you want to buy the best stocks at their 52 week lows this market is way overpriced and oversold..</p>","html":"<p>Opening a long position in any stock right now is a bad financial decision.. market cycles you want to buy the best stocks at their 52 week lows this market is way overpriced and oversold..</p>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":106499762,"commentId":"106499762","gmtCreate":1691401739599,"gmtModify":1691401752278,"authorId":9000000000000495,"author":{"id":9000000000000495,"idStr":"9000000000000495","authorId":9000000000000495,"name":"frostiix","avatar":"https://static.tigerbbs.com/a3ce793fbdccee8dc7f48c9a779ff077","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":206081517441048,"objectIdStr":"206081517441048","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<p>Suggest moving money from nas to dow. ratio of dow to nas is at bottom of trendline, r-squared = 0.92. switch back to nas when dow hits 39K or 2.8 X nas. Dow is set to rise over the next 8 months.</p>","text":"<p>Suggest moving money from nas to dow. ratio of dow to nas is at bottom of trendline, r-squared = 0.92. switch back to nas when dow hits 39K or 2.8 X nas. Dow is set to rise over the next 8 months.</p>","html":"<p>Suggest moving money from nas to dow. ratio of dow to nas is at bottom of trendline, r-squared = 0.92. switch back to nas when dow hits 39K or 2.8 X nas. Dow is set to rise over the next 8 months.</p>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":209890276450320,"commentId":"209890276450320","gmtCreate":1692263384276,"gmtModify":1692263388823,"authorId":9000000000000339,"author":{"id":9000000000000339,"idStr":"9000000000000339","authorId":9000000000000339,"name":"vippy","avatar":"https://static.tigerbbs.com/c0126a7d8aadf37410e3ec43acf556ad","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":206081517441048,"objectIdStr":"206081517441048","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<p>qqq was $281 at the time of this post, then went up to $387, tsla was $131, went up to $299....</p>","text":"<p>qqq was $281 at the time of this post, then went up to $387, tsla was $131, went up to $299....</p>","html":"<p>qqq was $281 at the time of this post, then went up to $387, tsla was $131, went up to $299....</p>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":106499761,"commentId":"106499761","gmtCreate":1691401672348,"gmtModify":1691401679740,"authorId":9000000000000686,"author":{"id":9000000000000686,"idStr":"9000000000000686","authorId":9000000000000686,"name":"snixxx","avatar":"https://static.tigerbbs.com/ffa846851f0117a4a0290ab42ff51115","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":206081517441048,"objectIdStr":"206081517441048","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<p>who knows what direction the Nasdaq will go in Monday.  That being said, I do not see any immediate barriers to gains.  Earnings are doing surprisingly well.</p>","text":"<p>who knows what direction the Nasdaq will go in Monday.  That being said, I do not see any immediate barriers to gains.  Earnings are doing surprisingly well.</p>","html":"<p>who knows what direction the Nasdaq will go in Monday.  That being said, I do not see any immediate barriers to gains.  Earnings are doing surprisingly well.</p>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":209891061538864,"commentId":"209891061538864","gmtCreate":1692263436284,"gmtModify":1692263443848,"authorId":3479274802455671,"author":{"id":3479274802455671,"idStr":"3479274802455671","authorId":3479274802455671,"name":"frosti","avatar":"https://static.tigerbbs.com/8d59e7c960eef6f97257cc799768d81e","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":206081517441048,"objectIdStr":"206081517441048","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<p>I still think temporary bounce at 360 if not permanent. Might be good day trade.</p><p></p>","text":"<p>I still think temporary bounce at 360 if not permanent. Might be good day trade.</p><p></p>","html":"<p>I still think temporary bounce at 360 if not permanent. Might be good day trade.</p><p></p>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/206081517441048"}