Comments on: Near-term Bullish Case For QQQ Still Intact for Now https://rightsideofthechart.com/qqq-bullish-case-still-intact/ Stock Trading, Investing & Market Analysis Fri, 06 Apr 2018 14:07:28 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/qqq-bullish-case-still-intact/#comment-4319 Fri, 06 Apr 2018 14:07:28 +0000 https://rightsideofthechart.com/?p=186600#comment-4319 In reply to ixtlanian.

Will do asap. I’ll post it in a separate front page update as QQQ is an active trade with price targets listed on the chart. This post was general market commentary & was not restricted to members.

]]> By: rsotc https://rightsideofthechart.com/qqq-bullish-case-still-intact/#comment-4318 Fri, 06 Apr 2018 14:01:53 +0000 https://rightsideofthechart.com/?p=186600#comment-4318 I’ve been wrong before & will be wrong many times again but I believe that the recent extreme surge in the put/call ratio coupled with the bullish technicals on the intraday charts & the fact that although the recent headlines have briefly knocked the market or futures down recently, the buyers keep stepping in to buy the dips & they sellers have not been able to manage to bring the market down for a full retest or undercut of the Feb lows. Maybe they will but as of now, I’m seeing a market that seems to have a floor beneath due to the excessive bearish sentiment, short interest & put buyers.
With that being said, QQQ & /NQ are still in a downtrend & until/unless they can take out that 15-60 minute downtrend line with convictions as well as the 6644 (/NQ) and 161.66 (QQQ) resistance level it is anybody’s (bulls or bears) game.

]]> By: ixtlanian https://rightsideofthechart.com/qqq-bullish-case-still-intact/#comment-4317 Fri, 06 Apr 2018 14:01:07 +0000 https://rightsideofthechart.com/?p=186600#comment-4317 Thanks Randy, I was able to get into TQQQ at $140 levels. Can you also please draw a similar set of scenarios on QQQ chart?

]]> By: brandk3 https://rightsideofthechart.com/qqq-bullish-case-still-intact/#comment-4316 Fri, 06 Apr 2018 13:33:26 +0000 https://rightsideofthechart.com/?p=186600#comment-4316 I’m just watching for direction. This could be stick saved again.

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