Comments on: QQQ & /NQ Second Price Targets Hit, Bounce Likely https://rightsideofthechart.com/qqq-nq-second-price-targets-hit-bounce-likely/ Stock Trading, Investing & Market Analysis Sun, 11 Sep 2022 15:21:50 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Mikeflegel https://rightsideofthechart.com/qqq-nq-second-price-targets-hit-bounce-likely/#comment-23639 Wed, 06 Apr 2022 16:03:24 +0000 https://rightsideofthechart.com/?p=207700#comment-23639 Usually the actual announcement forces markets up! False hope the fed has any idea what they are doing.

]]> By: LanLord https://rightsideofthechart.com/qqq-nq-second-price-targets-hit-bounce-likely/#comment-23638 Wed, 06 Apr 2022 15:56:28 +0000 https://rightsideofthechart.com/?p=207700#comment-23638 How do you track the levels in SQQQ when watching the QQQ? Where would you be adding into the position? Also- how do you set your stops to ride this up? Thanks!

]]> By: rsotc https://rightsideofthechart.com/qqq-nq-second-price-targets-hit-bounce-likely/#comment-23637 Wed, 06 Apr 2022 14:28:07 +0000 https://rightsideofthechart.com/?p=207700#comment-23637 The updated chart in the post above was zoomed in to a 1-month view. Here’s the 3-month 60-minute view comparable to the one posted last Wed showing how the trade has played out so far & what we might see going forward.

Of course, keep in mind that the Nasdaq 100 was just rejected impulsive off a backtest of the 200-day SMA from below. In previous bear markets & big corrections after that occurred, usually the next big & impulsive leg down began. As such, longer-term swing & trend traders with their eye on the prize (my additional downside targets on the weekly time frame) might opt to ride out any counter-trend rallies at this time.

]]> By: pkm48193 https://rightsideofthechart.com/qqq-nq-second-price-targets-hit-bounce-likely/#comment-23636 Wed, 06 Apr 2022 14:27:15 +0000 https://rightsideofthechart.com/?p=207700#comment-23636 Not much of a bounce so far. Maybe fed minutes with catalyze the bounce.

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