Posts Tagged ‘$QQQ’

Don’t trust the coming rally $QQQ $SPX $DIA | #markets #trendfollowing #trading #investing #heikinashi

March 7, 2021 Comments off

The most important question in trading is “How much are you ready to lose?”

Once you get the answer, things become clearer and everything falls into places.

SP-500  ($SPX) daily

  • (+) haDelta prints a positive weak signal.
  • (-)  Broken rising wedge
  • (-)  Below the buy-stop @3,908


SP-500  ($SPX) weekly

  • (+) The uptrend remains intact (higher highs, higher lows).
  • (-)  haDelta is still negative.


SP-500  ($SPX) monthly

  • (++) Still 19% to the trailing-stop.
  • (!)     Weaker uptrend (the size of the Heikin-Ashi candles + haDelta).


QQQ Tech ETF  ($QQQ) daily

  • (+) Weak haDelta positive signal.
  • (-)  Broken uptrend channel.



QQQ Tech ETF  ($QQQ) weekly

  • (! !) Resting on the trailing-stop.
  • (!+) Possible haDelta reversal.


QQQ Tech ETF  ($QQQ) monthly

  • (+) 17% to the trailing stop.
  • (-)   Negative divergence.
  • (-)   Negative haDelta signal.
  • (-)   The Heikin-Ashi candle points to a trend reversal and confirms haDelta.


A #heikinashi 3D view of the technology ($QQQ) | #markets #trendfloowing #trading #investing

October 3, 2020 Comments off

Technology ETF ($QQQ) daily

  • (-) Negative signs.


Technology ETF ($QQQ) weekly

  • (+) Positive signs.
  • (++) Another proof that #heikinashi removes noise from the price action.


Technology ETF ($QQQ) monthly

  • (+) Signs of a top.



How close is the market from a top? #markets #trendfollowing #heikinashi

May 25, 2020 Comments off

Volatility Index ($VIX) daily

  • 9Buy and 9Sell signals
  • (-) A 13Sell signal that’s waiting for a resolution soon.


SP-500 ($SPX) daily

  • (-) Another 13Sell signal indicating an important top/exhaustion of the uptrend.
  • 9Buy and 9Sell signals.


Tech ETF ($QQQ) daily

  • (-) Another 13Sell signal indicating an important top/exhaustion of the uptrend.
  • 9Buy and 9Sell signals.


CandleVolume charts, the complete picture of any rally/downtrend | $SPX $SPY $TSLA $AMZN $QQQ | #markets #heikinashi #amazon #tesla #trendfollowin

May 3, 2020 Comments off

(note: the time axis is shifted to the left for candlevolume chart)

Amazon ($AMZN) daily

  • (-)  Moderate selling
  • (+) The fall from the February highs was unconvincing (narrow candles = low(er) volume)
  • (!)  A megaphone formation over the past 2 weeks (usually, bearish)


Tesla ($TSLA) daily

  • (-) Serious selling (wider candles) compared to the recent price evolution.


Nasdaq ETF ($QQQ) daily

  • (!)  Unconvincing rally from the low (narrow candles = low volume)
  • (- -) Serious selling during the fall from the February top
  • (!) During the uptrend September – February the volume-price candles were extremely thin (unconvincing)


Apple ($AAPL) daily

  • (!)  Unconvincing rally (narrow candles = low volume)
  • (- -) Serious selling (wide candles) during the fall from the March top


Going lower, slowly $SPX $SPY $DIA $DJIA $QQQ $COMPQ #markets #heikinashi #trendfollowing

April 5, 2020 Comments off

S&P-500 daily

  • (+!) haDelta is still above its average but ready to turn lower just below zero. 


S&P-500 2-days

  • (-) Negative


S&P-500 3-days

  • (- – ) The worst chart: haDelta crossing below its average, at zero. Strong downtrend ahead. 


S&P-500 4-days

  • (!) Signs of an haDelta failure.


S&P-500 5-days

  • (+) Positive.


(Charts generated with TC2000 software)

Categories: heikin-ashi Tags: , , , , , ,
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