$QQQ Analysis, Key Levels & Targets for 10.29.24

29. Okt.

Alright, y’all…. So I am still sick so no videos until this get’s cleared up.
But here is the chart for today.
I feel good enough to maybe trade today but still kind of Meh… LOL…. I don’t get sick often and MAN this stinks.

So a regression trend off of those two highs (dashed green line) point to that gap from last Thursday with the 1hr 200MA as an area of interested.

The direction here is sideways and slightly up (very slightly) still moving with the momentum us the moving averages underneath us here.

Up gap from Friday with the 30min 200, Upgap from Thursday with the 2hr 200MA and the 50DMA underneath us. 499-500 resistance.

Top of the implied move at 500 and the trading range for Wednesday is wider

Lots of big earnings this week and I wish I was feeling better to work on some of them…. GL, y’all