Comments on: Market Analysis & Trade Ideas 4-7-25 https://rightsideofthechart.com/market-analysis-trade-ideas-4-7-25/ Stock Trading, Investing & Market Analysis Tue, 08 Apr 2025 14:17:49 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/market-analysis-trade-ideas-4-7-25/#comment-35190 Tue, 08 Apr 2025 14:17:49 +0000 https://rightsideofthechart.com/?p=216782#comment-35190 In reply to shannonp.

Those spike (reaction) highs from yesterday when the fake news hit are decent resistance where we could get the first decent bout of profit taking today (Tuesday). I posted the 15-min charts of /NQ & QQQ showing those levels & potential pullback targets, should we reverse here (still trading there right now).

TONS of JCL shorts that piled into SQQQ & the likes who are getting cooked today so we need that initial bout of short covering to subside (which I believe it will) to get that pullback. Otherwise, there is a big fat gap overhead they might be able to power up into & if so, a backfill of the gap is certainly possible.

]]> By: shannonp https://rightsideofthechart.com/market-analysis-trade-ideas-4-7-25/#comment-35189 Tue, 08 Apr 2025 12:42:15 +0000 https://rightsideofthechart.com/?p=216782#comment-35189 Your initial target for NQ hit, 17960. Do you think it has more upside?

]]> By: Mikeflegel https://rightsideofthechart.com/market-analysis-trade-ideas-4-7-25/#comment-35188 Tue, 08 Apr 2025 00:23:39 +0000 https://rightsideofthechart.com/?p=216782#comment-35188 In reply to Mikeflegel.

You’ll be covering something on the last day of April? The date is the 7th how about from here to the end of the month. How about end of the week?

]]> By: Mikeflegel https://rightsideofthechart.com/market-analysis-trade-ideas-4-7-25/#comment-35187 Mon, 07 Apr 2025 23:19:27 +0000 https://rightsideofthechart.com/?p=216782#comment-35187 What’s the takeaway here. We’ve been waiting for over a year for this downturn of yours and now it’s here. Thanks Randy

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