Price Action & Market Structure
* QQQ is trading around 577.7, stabilizing after a sharp morning dip toward 569.0 and a bounce back.
* Price is now consolidating between 576–578, showing indecision after recovering.
* Structure remains bullish above 576 HVL support, but bears will try to push it back toward 572–569 if that zone breaks.
Key Levels
* Resistance (Upside Caps):
* 578–580 → Immediate resistance / Gamma Wall.
* 582–583 → Next resistance cluster.
* Support (Downside Floors):
* 576 HVL → Key pivot support.
* 575–572 → Minor Put support zone.
* 569.0 → Strong support (recent low).
* 567 → Deeper Put Wall support.
Options Sentiment (GEX & IV)
* GEX: Bearishly skewed with Puts at 86.6%, suggesting hedging flows lean downside.
* IVR: 14.3, moderate but not extreme, showing some expected volatility.
* Gamma Walls:
* 580 = Major Call Resistance.
* 576 HVL = Key balance level.
* 572 / 569 = Put-heavy support.
Indicators
* MACD (15m): Rolling over after bounce, showing fading short-term momentum.
* Stoch RSI: Near oversold after pullback → could allow another push higher if 576 holds.
Scenarios for Today
Bullish Case (if 576 holds):
* Hold above 576 HVL, reclaim 578–580.
* Targets: 582–583 Gamma Wall zone.
Bearish Case (if 576 breaks):
* Drop back to 575–572 zone.
* If weakness persists → test 569.0, deeper downside toward 567.
Trading Thoughts
* Longs: Favor dip entries at 576–575 with bounce confirmation, targeting 580–582.
* Shorts: Fade rejection at 578–580, stops above 582.5.
* Stops:
* Longs → below 572.0.
* Shorts → above 582.5.
Summary
QQQ sits at a key balance zone (576 HVL). If support holds, bulls can push back to 580–582, but heavy Put exposure plus resistance at 580 may cap upside. A break below 576 flips bias bearish, targeting 572–569. Options sentiment is defensive, suggesting upside will be a grind unless bulls take control early.
⚠️ This analysis is for educational purposes only, not financial advice. Always manage risk carefully.
* QQQ is trading around 577.7, stabilizing after a sharp morning dip toward 569.0 and a bounce back.
* Price is now consolidating between 576–578, showing indecision after recovering.
* Structure remains bullish above 576 HVL support, but bears will try to push it back toward 572–569 if that zone breaks.
Key Levels
* Resistance (Upside Caps):
* 578–580 → Immediate resistance / Gamma Wall.
* 582–583 → Next resistance cluster.
* Support (Downside Floors):
* 576 HVL → Key pivot support.
* 575–572 → Minor Put support zone.
* 569.0 → Strong support (recent low).
* 567 → Deeper Put Wall support.
Options Sentiment (GEX & IV)
* GEX: Bearishly skewed with Puts at 86.6%, suggesting hedging flows lean downside.
* IVR: 14.3, moderate but not extreme, showing some expected volatility.
* Gamma Walls:
* 580 = Major Call Resistance.
* 576 HVL = Key balance level.
* 572 / 569 = Put-heavy support.
Indicators
* MACD (15m): Rolling over after bounce, showing fading short-term momentum.
* Stoch RSI: Near oversold after pullback → could allow another push higher if 576 holds.
Scenarios for Today
Bullish Case (if 576 holds):
* Hold above 576 HVL, reclaim 578–580.
* Targets: 582–583 Gamma Wall zone.
Bearish Case (if 576 breaks):
* Drop back to 575–572 zone.
* If weakness persists → test 569.0, deeper downside toward 567.
Trading Thoughts
* Longs: Favor dip entries at 576–575 with bounce confirmation, targeting 580–582.
* Shorts: Fade rejection at 578–580, stops above 582.5.
* Stops:
* Longs → below 572.0.
* Shorts → above 582.5.
Summary
QQQ sits at a key balance zone (576 HVL). If support holds, bulls can push back to 580–582, but heavy Put exposure plus resistance at 580 may cap upside. A break below 576 flips bias bearish, targeting 572–569. Options sentiment is defensive, suggesting upside will be a grind unless bulls take control early.
⚠️ This analysis is for educational purposes only, not financial advice. Always manage risk carefully.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.