$QQQ $NQ_F Possible ABC

28 feb 2020

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28 feb 2020

Nota

Daily and weekly charts hitting fib extensions and key MAs and no space left on %r down

28 feb 2020

Nota

CNN fear greed hitting 9-10
money.cnn.com/data/fear-and-greed/

28 feb 2020

Nota

O/I for QQQ Mar.20'20 200 Puts = 106,491 at 14:05 ET
Should give a backstop

28 feb 2020

Nota

This from Sentiment Trader:
sentimentrader.com/blog/an-extreme-in-extremes/?utm_source=Daily+Report+Lite&utm_campaign=13beaa5de5-An_extreme_in_extremes&utm_medium=email&utm_term=0_1c93760246-13beaa5de5-1266740977

28 feb 2020

Nota

Safe haven Gold doesn't seem to be agreeing to this drop after it hit its targets from the last daily bull flag

28 feb 2020

Nota

Bonds could have a bit more to push

28 feb 2020

Nota

VIX gave us a good heads up

28 feb 2020

Nota

SOX catching a bid at clutch levels

28 feb 2020

Nota

And then there is the whole Repo market liquidity (or lack thereof) which comes in to play

mcoscillator.com/learning_center/weekly_chart/fed_pulling_back_from_repos_at_the_wrong_time/?utm_source=McClellan+Chart+In+Focus&utm_campaign=068361d997-email_cif_2020-02-28_fed_pulling_back_from_repos_a&utm_medium=email&utm_term=0_9e79f8200f-068361d997-151456849

28 feb 2020

Nota

Hat tip to Jesse Stein @InsiderBuySuperstocks for the great analysis since Jan'20 and the below post from Feb.7'20

stocktwits.com/InsiderBuySuperstocks/message/193987197

2 mar 2020

Nota

So far, right on schedule

2 mar 2020

Trade attivo

$17.00++ or 9% move in 1 session.....
Gotta take some off.
That's pretty intense....

3 mar 2020

Nota

Juicy

5 mar 2020

Trade attivo

Enough vol in this mkt to make everyone happy!
To be this looks like the "B" is not going to be as strong as initially thought.
Got a test of the 220s on QQQ - could be it for now....

10ema daily seems to be keeping everyone in check across the board as we work on inside weeks for the most part







Bonds look like there is another push in there




Oil as well with the 10ema


Gold actually held the 50ma.
Strong mkt there

6 mar 2020

Nota

Looks like this is what we may see unfold:


Another POV with volume levels and active historical prices:

9 mar 2020

Nota

9 mar 2020

Nota

For chart above:
Although occurring a lot faster, so far it looks similar to the Q4 2018 #shitshow
A. Leg of ~16% down
B. Correction of ~50% of move
C. Leg that may reach ~20-25% total correction coming in to confluence with the fib extensions and the volume supports?

9 mar 2020

Nota

SPY ES_F tractor beam......

9 mar 2020

Trade attivo

CNN Fear/Greed printing a 3!
money.cnn.com/data/fear-and-greed/

IMO we are close to peak pessimism and craziness.
However perhaps not at the low print in prices yet

9 mar 2020

Trade attivo

CL_F USO very attractive at these levels
Oil has lead the market for quite some time.

12 mar 2020

Nota

Hard not to start buying these:

Weekly 200 in play on ES_F SPY
Oscillators MAXED out across the board


1.618 extension reached on QQQ (182.51 pre-mky)


CL_F USO showing value