Comments on: QQQ Deja Vu 8-8-23 https://rightsideofthechart.com/qqq-deja-vu-8-8-23/ Stock Trading, Investing & Market Analysis Wed, 28 Feb 2024 16:36:49 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Scott https://rightsideofthechart.com/qqq-deja-vu-8-8-23/#comment-28949 Tue, 08 Aug 2023 15:47:20 +0000 https://rightsideofthechart.com/?p=212068#comment-28949 For those without access to the chatroom, here are some things to think about:

• 50 SMA was tapped on NQ earlier (red line). It’s likely we have to undercut that for stop raids before this is over.

• If we don’t pop just below the 50 SMA, then 15059 is on the table (yellow line). That’s the weekly expected move.

https://rightsideofthechart.com/wp-content/uploads/bpfb/2910_0-95789900-1691509512_10415-5.png

]]> By: Heinz https://rightsideofthechart.com/qqq-deja-vu-8-8-23/#comment-28948 Tue, 08 Aug 2023 15:14:11 +0000 https://rightsideofthechart.com/?p=212068#comment-28948 Here’s some sound macro fundamental analysis that corresponds with Randy’s big picture technical /fundamental analysis: https://seekingalpha.com/article/4625284-july-cpi-preview-second-wave-of-inflation-approaching?mailingid=32329302&messageid=2850&serial=32329302.6992&utm_campaign=rta-author-article&utm_medium=email&utm_source=seeking_alpha&utm_term=32329302.6992

]]> By: Scott https://rightsideofthechart.com/qqq-deja-vu-8-8-23/#comment-28947 Tue, 08 Aug 2023 15:07:12 +0000 https://rightsideofthechart.com/?p=212068#comment-28947 Judging by that ES chart, you’re thinking we could go down.. we could go up… or maybe we could go up and then down.

]]> By: rsotc https://rightsideofthechart.com/qqq-deja-vu-8-8-23/#comment-28945 Tue, 08 Aug 2023 14:51:25 +0000 https://rightsideofthechart.com/?p=212068#comment-28945 In reply to Fgilani.

Here’s my /NQ 120m chart…

]]> By: Fgilani https://rightsideofthechart.com/qqq-deja-vu-8-8-23/#comment-28944 Tue, 08 Aug 2023 14:24:59 +0000 https://rightsideofthechart.com/?p=212068#comment-28944 Hi Randy – can you post /NQ levels please? Thanks

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