Comments on: /NQ & QQQ Coming Up On Preferred Pullback Target 4-8-25

By: Imadaytr8r

Imadaytr8r — Tue, 08 Apr 2025 19:44:14 +0000

All I hear are stops getting triggered! Maybe it will bounce in the after hours!

By: reloaded

reloaded — Tue, 08 Apr 2025 18:07:20 +0000

In reply to Koolmoto. I personally think upside will continue but not until 12PM PST / 3PM EST today. This is usually the time of the trading day where volume is low so the price action can chug one way or the other without volume behind the movement. I think that's what this consistent downward chugging was , just low volume slop. I'd like to see 443 again so I can pocket that profit. Anything under 427 and I'm basically out of the money or break even.

By: Koolmoto

Koolmoto — Tue, 08 Apr 2025 17:54:47 +0000

In reply to rsotc. Hi Randy, we kept dropping- are you still playing the bounce? It looks to be forming a bottoming structure for a bounce now, but the selling was pretty relentless so wondering if that changes your expectations for the bounce.

By: reloaded

reloaded — Tue, 08 Apr 2025 17:36:50 +0000

In reply to rsotc. Sadly, I missed my chance to exit my QQQ long at 443! Still holding here at 422-ish and under water.

By: rsotc

rsotc — Tue, 08 Apr 2025 16:44:30 +0000

2nd pullback target on /NQ hit with the odds of a reaction/ reversal likely. Previous & updated 15-minute charts below.

By: rsotc

rsotc — Tue, 08 Apr 2025 16:29:20 +0000

QQQ also coming up on (close enough to cover & reverse back to long) the 429.84ish short pullback target as /NQ hits my 17900ish preferred pullback target. Hard reversal (covering all shorts & going back to long).