Fibonacci/Gann & 3-6-9 Chart Play: The TOP may be IN I was trying to identify if/how the market may be topping in relation to the post-election rally phase and started with a blank Daily SPY chart.
After drawing a few line of the chart, I started with an idea that Broad market pullbacks may be the key to identifying/timing market expansion phases (coupled with a bit of logic).
This video highlights this theory going back to 2018 and examines a number of price pullback trends as well as Fibonacci Timing structures related to Fibonacci Price Expansion blocks.
I think you will find this very useful as I continue to delve deeper into the 3-6-9 structure, polarity shifts (binary shifts) and trying to unlock the secrets of price trends/extensions.
Hope you enjoy...
Oh.. and it looks like the US markets are about to top if my research is correct.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
QQQ
SPY/QQQ Plan Your Trade For 11-7 : Rally Pattern DayGood morning,
Although I would argue the post-election rally may already be moving into exhaustion, the SPY Cycle Patterns suggest today is a Rally pattern in Trending mode. So, I expect the markets to attempt a bit of a carryover rally phase today - moving into a Counter-trend Rally pattern tomorrow.
That counter-trend rally pattern suggests the markets will try to find a peak/top and roll downward into the close of the week.
Gold and Silver appear to be basing with a potential for another move downward today - retesting recent lows. Based on my estimate related to Fibonacci Time Cycles, I believe Metals is looking for a momentum base to rally off of. Thus, I suggest traders prepare for a big move upward in Gold and Silver over the next 4 to 7+ trading days.
Bitcoin is still in a Bullish trending phase after breaking into new highs. Today, I spent quite a bit of time going over the Excess Phase Peak pattern related to how the price is trending and what to expect.
It is critical to understand that the markets will move away from this post-election relief rally phase over the next week or so. Ultimately, what has changed is that we have a new POTUS with new policies and objectives in 2025. Right now, everything is still pretty much the same as it was last week.
Volatility is still high and I urge traders to stay cautious. The time for adding more liquidity will come after November 25-30.
Remember, the number 1 rule for traders is to Protect Capital. You can still trade, just trade much smaller allocation levels for now.
We are about to move into a period of moderate consolidation. Sit back and wait out this sideways trend. The real opportunity will come after November 25-30.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Accelerating Ahead: Is Now the Time to Invest or Should You WaitOverview: Tesla Inc. (NASDAQ: TSLA)
Current Price: $288.53 (as of November 7, 2024)
Sector/Industry: Consumer Discretionary / Automobiles
Tesla has been on a remarkable upward trajectory, reaching new highs. Investors are now contemplating: Is it prudent to enter at current levels, or should one wait for a potential pullback to optimize the risk/reward profile?
Key Levels and Price History
52-Week Range: $180.00 - $288.53
One-Month Range: $250.00 - $288.53
Support Level: $270.00
Resistance Level: $300.00
Upcoming Dates to Watch
Next Earnings Date: January 25, 2025
Dividend Payment Date: N/A (Tesla does not currently pay dividends)
Ex-Dividend Date: N/A
Valuation and Metrics
P/E Ratio: 68.84 (above industry average)
Free Cash Flow:
Recent Quarter: $2.5 billion
TTM: $10 billion
Dividend Yield: N/A
Institutional Holdings: 55%
Short Interest: 3% of float
Recent Price Action & Technical Indicators
Weekly Trend: +5%
Monthly Trend: +10%
RSI: 65 (approaching overbought territory)
Moving Averages:
50-Day: $260.00
200-Day: $220.00
MACD: Positive divergence, indicating upward momentum
The RSI nearing overbought levels suggests caution, as a pullback may be imminent.
Comparative Valuation
P/E Ratio (TSLA): 68.84 vs. Industry Average: 20.00
P/B Ratio (TSLA): 15.00 vs. Industry Average: 3.00
EV/EBITDA (TSLA): 40.00 vs. Industry Average: 10.00
Tesla's premium valuation underscores its growth potential but also indicates higher risk if market sentiment shifts.
Growth & Financial Health
Revenue Growth (3-Year CAGR): 30%
Projected Revenue Growth (Next 2 Years): 25% annually
Debt-to-Equity Ratio: 0.5 (moderate leverage)
Cash Reserves: $20 billion
Current Ratio: 1.8
Notable News & Social Sentiment
News Highlight: November 6, 2024 – Tesla announced a strategic partnership with a leading battery manufacturer, boosting investor confidence.
Social Buzz: Positive discussions on platforms like Twitter and Reddit, with investors optimistic about Tesla's future prospects.
Competitive Comparison
Ford Motor Company (F): $10.55, P/E 15.00, Revenue Growth 5%
General Motors Company (GM): $45.20, P/E 10.00, Revenue Growth 3%
Investment Analysis: Entry Now or Wait for a Pullback?
1. Entry at $288.53 (Current Price)
Target Price (TP): $320.00
Potential Upside: $320.00 - $288.53 = $31.47
Percentage Gain: ~10.90%
Stop Loss (SL): $270.00
Potential Downside: $288.53 - $270.00 = $18.53
Percentage Loss: ~6.42%
Risk/Reward Ratio: 10.90% (reward) / 6.42% (risk) ≈ 1.70
Entering at $288.53 offers a moderate risk/reward ratio, with potential gains outweighing potential losses. However, the proximity to overbought RSI levels suggests a cautious approach.
2. Entry at $270.00 (Wait for Pullback)
Target Price (TP): $320.00
Potential Upside: $320.00 - $270.00 = $50.00
Percentage Gain: ~18.52%
Stop Loss (SL): $250.00
Potential Downside: $270.00 - $250.00 = $20.00
Percentage Loss: ~7.41%
Risk/Reward Ratio: 18.52% (reward) / 7.41% (risk) ≈ 2.50
Waiting for a pullback to $270.00 provides a more favorable risk/reward ratio, offering greater potential gains relative to potential losses. This strategy aligns with a more conservative investment approach.
Price Forecast Scenarios
Optimistic: $320.00 (assuming continued bullish momentum)
Neutral: $300.00 (aligning with current resistance levels)
Pessimistic: $250.00 (testing lower support levels)
Conclusion
Tesla's recent performance reflects strong growth and positive market sentiment.
Aggressive Entry (Today's Price, $288.53): Offers potential for short-term gains but carries higher risk due to near overbought conditions.
Conservative Entry (Pullback to $270.00): Provides a better risk/reward balance, ideal for those seeking a more cautious approach.
Verdict: While both strategies have merit, waiting for a pullback to $270.00 offers a more balanced entry point, allowing investors to capitalize on Tesla's growth potential with reduced risk.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Investing in stocks involves risk. Always conduct your own research and consult with a financial advisor before making any investment decisions. Use this information at your own risk; I am not responsible for any outcomes that do not align with expectations.
Navigating the Surge: Entry Now or Await a Pullback ?Overview: NVIDIA Corporation (NASDAQ: NVDA)
Current Price: $146.43 (as of November 7, 2024)
Sector/Industry: Technology / Semiconductors
NVIDIA has experienced a significant surge, reaching new highs. Investors are now contemplating: Is it prudent to enter at current levels, or should one wait for a potential pullback to optimize the risk/reward profile?
Key Levels and Price History
52-Week Range: $108.13 - $146.43
One-Month Range: $130.25 - $146.43
Support Level: $135.00
Resistance Level: $150.00
Upcoming Dates to Watch
Next Earnings Date: December 15, 2024
Dividend Payment Date: December 20, 2024
Ex-Dividend Date: December 5, 2024
Valuation and Metrics
P/E Ratio: 65.55 (above industry average)
Free Cash Flow:
Recent Quarter: $1.5 billion
TTM: $6 billion
Dividend Yield: 0.02%
Institutional Holdings: 70%
Short Interest: 3% of float
Recent Price Action & Technical Indicators
Weekly Trend: +5%
Monthly Trend: +10%
RSI: 68 (approaching overbought territory)
Moving Averages:
50-Day: $140.00
200-Day: $125.00
MACD: Positive divergence, indicating upward momentum
The RSI nearing overbought levels suggests caution, as a pullback may be imminent.
Comparative Valuation
P/E Ratio (NVDA): 65.55 vs. Industry Average: 30.00
P/B Ratio (NVDA): 20.00 vs. Industry Average: 8.00
EV/EBITDA (NVDA): 40.00 vs. Industry Average: 15.00
NVIDIA's premium valuation underscores its growth potential but also indicates higher risk if market sentiment shifts.
Growth & Financial Health
Revenue Growth (3-Year CAGR): 25%
Projected Revenue Growth (Next 2 Years): 20% annually
Debt-to-Equity Ratio: 0.3 (moderate leverage)
Cash Reserves: $10 billion
Current Ratio: 2.5
Notable News & Social Sentiment
News Highlight: November 6, 2024 – NVIDIA announced a strategic partnership with a leading cloud provider, boosting investor confidence.
Social Buzz: Positive discussions on platforms like Twitter and Reddit, with investors optimistic about NVIDIA's future prospects.
Competitive Comparison
Advanced Micro Devices, Inc. (AMD): $145.07, P/E 40.00, Revenue Growth 30%
Intel Corporation (INTC): $24.95, P/E 15.00, Revenue Growth 5%
Investment Analysis: Entry Now or Wait for a Pullback?
1. Entry at $146.43 (Current Price)
Target Price (TP): $160.00
Potential Upside: $160.00 - $146.43 = $13.57
Percentage Gain: ~9.27%
Stop Loss (SL): $135.00
Potential Downside: $146.43 - $135.00 = $11.43
Percentage Loss: ~7.80%
Risk/Reward Ratio: 9.27% (reward) / 7.80% (risk) ≈ 1.19
Entering at $146.43 offers a moderate risk/reward ratio, with potential gains slightly outweighing potential losses. However, the proximity to overbought RSI levels suggests a cautious approach.
2. Entry at $135.00 (Wait for Pullback)
Target Price (TP): $160.00
Potential Upside: $160.00 - $135.00 = $25.00
Percentage Gain: ~18.52%
Stop Loss (SL): $125.00
Potential Downside: $135.00 - $125.00 = $10.00
Percentage Loss: ~7.41%
Risk/Reward Ratio: 18.52% (reward) / 7.41% (risk) ≈ 2.50
Waiting for a pullback to $135.00 provides a more favorable risk/reward ratio, offering greater potential gains relative to potential losses. This strategy aligns with a more conservative investment approach.
Price Forecast Scenarios
Optimistic: $160.00 (assuming continued bullish momentum)
Neutral: $150.00 (aligning with current resistance levels)
Pessimistic: $125.00 (testing lower support levels)
Conclusion
NVIDIA's recent performance reflects strong growth and positive market sentiment.
Aggressive Entry (Today's Price, $146.43): Offers potential for short-term gains but carries higher risk due to near overbought conditions.
Conservative Entry (Pullback to $135.00): Provides a better risk/reward balance, ideal for those seeking a more cautious approach.
Verdict: While both strategies have merit, waiting for a pullback to $135.00 offers a more balanced entry point, allowing investors to capitalize on NVIDIA's growth potential with reduced risk.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Investing in stocks involves risk. Always conduct your own research and consult with a financial advisor before making any investment decisions. Use this information at your own risk; I am not responsible for any outcomes that do not align with expectations.
75% gains TSLA Best Level to BUY/HOLD🔸Hello traders, today let's review 12hour price chart for TSLA.
Recently we gapped up on higher volume, we got two liquidity
gaps below market overall this indicates strength, having said
that there is heavy fresh overhead supply zone so expecting pullback.
🔸Fresh supply zones at 400/375/305 usd will provide liquidit for
a potential pullback in TSLA. fresh demand zones located below market
at 230/235 usd and 190 usd. most likely limited downside below fresh
liqudity at 230/235 usd.
🔸Recommended strategy bulls: expecting measured move pullback
once we trigger fresh supply zone near 300/305 usd, bulls should
wait for the pullback to trigger fredh demand/liquidity zone at/near
230/235 USD. BUY/HOLD after pullback TP1 375 USD TP2 400 USD.
75% gains potential for patient traders. good luck!
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
NQ breaks to new highs. Markets reacting to Election ResultsThis upward trend seems to have some momentum today. I'm not suggesting traders chase this rally and hold anything overnight, but I am seeing new highs on the ES/NQ charts, and IWM and other sectors are rallying to new ATHs today as well.
This shows the scale of capital sitting and waiting for the election to play out. Traders were very concerned with the election outcome.
At this point, I consider this rally phase a bit overcooked. The ES and NQ will likely continue to try to push higher as we move into the Santa Rally phase, but as a trader, I would be cautious of any overreaction to the election results.
My best advice for my followers is to continue trading in minimal quantities unless you can handle taking huge lumps/losses over the next 3 to 4 days.
The US markets will settle into next week, and after this emotional price move subsides, we'll start to trend based on more logical economic data.
There will be some huge opportunities for skilled traders over the next 5+ months. Get ready.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
IWM: Cup, Handle, and a Bullish GambleAMEX:IWM
Original Chart :
Been eyeing IWM lately, and honestly, this setup has the kind of potential that could get even the most cynical trader to sit up and pay attention. We’re looking at the *beginning* of a cup-and-handle-esque pattern so pristine it belongs in a TA textbook—classic accumulation followed by consolidation, like the bulls are quietly gearing up for something big. But here’s where it gets even more interesting: with the recent US election in the rearview and a lineup of Fibonacci extensions and moving averages all pointing in the same direction, this setup is practically begging for a breakout. Let’s dive into the details.
Fibonacci Extensions and Price Targets
Let’s talk targets. I’m looking at $315 and $365 based on Fibonacci extensions, and yes, that $365 target might sound ambitious, but hear me out. Fibs are like the star charts for traders—rooted in math, mystical enough for Twitter hype, and strangely accurate. $315 is the conservative target, sitting right around the 100% extension, where we might see price take a breather. But the real spotlight is on $365, the 200% extension level, which could be where we end up if this breakout goes full send. If Fibonacci levels have taught us anything, it’s that the universe loves a good price projection.
Moving Averages and the Golden Cross
Then there’s the 50-day and 200-day moving average crossover—the infamous “golden cross,” which might sound like something out of an Indiana Jones movie, but actually just signals bullish momentum. We’ve got price hanging above both moving averages, a classic recipe for sustained upward trends. Historically, this setup has a decent track record of making bulls look smart, and right now, it’s flashing green like a big, neon sign saying, “This way to higher prices.”
Volume Profile and Key Levels between $200-$240
The Volume Profile is where things get interesting. That $200-$240 range is showing a massive amount of trading activity, acting like a gravity well for price. If IWM revisits this range and bounces around $235, that’s our green light for lift-off. This is the make-or-break level—the battleground where bulls and bears duke it out. Here’s the nuance: if price *rejects* $235 and consolidates, that’s what would actually form the handle of this cup-and-handle setup, setting the stage for a later breakout. If $235 holds, we’re looking at a more direct path upwards. If not, well… it might be time to rethink the moonshot narrative.
Mapping Out the Bullish Scenarios
So, we’re left with two paths. Path one is the steady grind up to our targets, where IWM just slowly marches its way to $315 and then potentially $365, no drama, just smooth sailing. Path two is the extended consolidation phase in the $200-$240 range through most of 2025, creating that classic “handle” structure. Think of it as the market getting in some much-needed cardio before the sprint. By end-Q1 2025, we should know which scenario is unfolding based on whether we hold above that $235 line.
Curious to see if anyone else is seeing the same potential here. The combination of a cup-and-handle formation in the works, Fib extensions, and moving averages feels like a recipe for something substantial, but I’m always down to hear different perspectives. Are you all vibing with the $365 target, or is that too much hopium?
$QQQ: The election is over, here is where the markets are going NASDAQ:QQQ NASDAQ:NDX
The charts say we are in a FULL on BULL RUN!
Cup n Handle Measure Move hasn't hit yet at $560, the measure time is out until Feb2026.
Ascending Triangle Breakout is happening now with a measure move to $580 by March2025.
Also, a #HIGHFIVESETUP and why I pointed out that we would bounce on Halloween and hit ATH's this week.
Like and Follow for more setups, we are just getting started.
NFA
#trading
$QQQ $NASDAQ : WE WILL BE AT ATH'S NEXT WEEK. HERE IS THE CURE! NASDAQ:QQQ NASDAQ:QQQ WE WILL BE AT ATH'S NEXT WEEK. HERE IS THE CURE!
In this video, we will discuss the following
1.) We will look at the technicals and charts while going over multiple indicators and patterns pointing us in one direction on the markets...HIGHER
2.) Stick around to the end of the video as I give you the CURE to the markets' 3-5% pullback from recent highs, which will indeed take us to ATHs next week!
Drop a comment below if you learned something new or want a deep dive into anything discussed in this video today.
Stay tuned for more.
LIKE l FOLLOW l SHARE
NFA
Election Rally Sets Up Big REVERSION Shift - Stay CautiousThis quick video was initiated to show you how the ES/NQ are setting up new #2 Excess Phase Peak patterns after the overnight rally.
Then I took a look at Gold/Silver.
We are seeing a very broad shift into a reversion phase where the markets may move into a PANIC type of DEEP-V low over the next 48+ hours.
The move in metals (related to the US Dollar rally), will likely result in a DEEP-V base/bottom - prompting a fairly strong recovery/rally phase in metals over the next 2+ weeks.
Take a look at what happened during the COVID crisis. The same type of PANIC selling/shift took place then.
The Dollar rallies on expectations/policy/or a crisis. This puts very strong pressure on Metals.
Then, the markets settle into a reasonable expectation (post-event) and the US Dollar settles. But metals have been deeply undervalued because of the PANIC selling.
Metals then move strongly back to the upside - removing to the pre-crisis price level, then move even higher as metals attempt to hedge risks related to the post-event/crisis economy.
Get ready. This could be one of the biggest opportunities of your life.
Get Some
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade For 11-6 : Breakaway Post-ElectionWow. All I can say is WOW.
Keeping a different schedule related to the markets had me in bed at about 9PM California time. Yea, I missed most of it last night. But my wife woke me up at midnight to tell me who won.
When I got up this morning (early) and checked the markets, it sure looked like the world voted in favor of the Trump win, with a solid 2-3% rally overnight.
This is where things start to get very interesting.
We have about 70+ days until the inauguration (Jan 21, I believe). Between now and then, the US and global markets will attempt to shift towards new policies and expectations.
Part of this will come from news, but much of it will come from policy expectations.
Some sectors will shift direction. Others will extend existing trends.
Smart traders should prepare for opportunities that align with their interests and realize that we are looking at some real risks over the next 4+ years.
What I will state is I continue to believe the next 5-7+ years are the greatest opportunity of your life.
Watch my video and buckle up. The markets are seeking a new base/frequency to transition into shifting expectations.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade For 11-5 : Election DayThis video highlights what I believe is likely to happen today and into tonight (when the real news will hit). Additionally, I continue to warn that a price anomaly is very likely starting sometime after November 10.
Ultimately, the markets will struggle throughout the rest of the week, likely becoming a bit more volatile after the election.
I do believe the markets will move into the price anomaly event near November 10th and that event will likely transition into a big opportunity for traders sometime after November 15-18.
My ADL predictive modeling system is showing this anomaly event is highly likely in certain sectors.
Overall, I suggest traders continue to trade small allocation levels today as we get past "election day". The bigger opportunities come over the next 3 to 6+ months.
Today is not the day to be a hero. Today is the day to sit back, maybe target a few decent trades, and wait for the dust to settle.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
US Election, FED Rate Cut, 1,200+ earnings - Here we go!!!It's Election Eve and I thought it was important to share how I'm positioning for the US Election and all of the craziness that it may bring.
Maybe it's all hype, maybe it's the truest test of US Democracy, maybe it's the beginning of the end. I'm not going to opine on political preference. I'm simply going to focus on current levels and what's in play.
Pullback levels for me are all pretty visually friendly with EMA combos on the Daily and Weekly charts. We are 3-4% off from recent highs, the market wasn't in love with Mag 7 earnings last week, pre-election jitters are fairly obvious, and the market will be looking for a reason to do something.
Expect volatility - and I hope it's nothing wild and crazy like Aug 1-5. I discuss the potential concern for a US Election where a winner is not declared and we wait days or longer for an official winner. Also a phenomenon is the Wednesday close for the S&P tends to show solid short-term direction, but I believe that's only if we see a winner Tuesday night for election night (just my opinion).
I'm hedged, alerts are set, it's all happening whether we like it or not. Focus on what you can control in your trading and let's figure it out.
Thanks for watching!!!
SPY/QQQ Plan Your Trade For 11-4: Election Week Is HereGood morning, everyone.
This video highlights why I believe traders should stay very cautious through the early portion of this week and into next week. My research suggests the SPY & QQQ will stay somewhat range bound this week while the markets move into a SHOCK phase.
The elections are really going to take center-stage and even though I expect some reaction after the election are over - I'm not seeing any real trending opportunity in the SPY/QQQ until after November 20-25.
Thus, I suggest traders stay in a 80-85% CASH mode and trade very small allocation levels over the next 2-3 weeks. There is nothing wrong with moving into a CASH position and sitting on that cash till the market show more opportunity for profits.
Gold and Silver will struggle within a sideways range over the next 5 to 8+ days. The election event will likely drive some volatility in metals, but I see metals stalling out for at least 3-4 more days - trading in a sideways range.
Ultimately the SPY/QQQ, Gold & Silver are going to attempt to break downward - away from the Phase #3 & #4 consolidation phase. I see that as the Anomaly Event I discuss in this video.
Bitcoin appears to have already starting to break downward, away from the Phase #3 & #4 Excess Phase Peak setup. In this case, Bitcoin may be leading the global markets a bit and attempting to find the Ultimate Low over the next 2+ weeks.
Still, at this stage, the best advice I can offer is move assets to CASH and wait out the consolidation in the markets. Again, I don't see the markets moving into any real trending until after February 12-13 and possibly as late as February 20-25.
Buckle up. I think the markets are going to go into Anaphylactic Shock because of the election and post-election events.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
QQQ Technical Analysis! BUY!
My dear followers,
This is my opinion on the QQQ next move:
The asset is approaching an important pivot point 487.37
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 493.00
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
———————————
WISH YOU ALL LUCK
Performance of U.S. and Indian Indices (2012-2024)Comparative Performance of U.S. and Indian Indices with INR Adjustment for period (2012-2024)
This TradingView chart displays a comparative performance analysis of multiple indices and assets from 2012 to 2024, measured in a mixed percentage scale. The assets include:
1. **QQQ in INR** (QQQ * USDINR): Represented in green, this line shows the Nasdaq-100 ETF (QQQ) adjusted to Indian Rupees, which has the highest performance, growing approximately +1,267.50% over the period.
2. **Nifty Midcap 150** (NIFTYMIDCAP150): In pink, this index tracks India's mid-cap companies, showing a significant growth of +883.72%.
3. **QQQ**: Shown in cyan, this is the U.S. QQQ ETF in its original USD form, with a return of +705.77%.
4. **S&P 500 in INR** (SPX * USDINR): In blue, this line represents the S&P 500 index adjusted to INR, showing an increase of +641.27%.
5. **Nifty Junior (NIFTYJR)**: Represented in purple, this index tracks India's next 50 large-cap stocks after the Nifty 50, showing a gain of +617.46%.
6. **Nifty 50** (NIFTY): In teal, this represents India’s benchmark index, which has grown by +423.78%.
7. **S&P 500** (SPX): In red, this represents the S&P 500 in its original USD form, with a performance of +336.51%.
8. **Gold in INR** (GOLD * USDINR): Represented in red, this shows the price of gold adjusted to INR, growing by +167.45%.
The chart indicates that, over this time period, U.S. tech (represented by QQQ) outperformed Indian indices and other asset classes when adjusted to INR, showcasing a strong relative growth in technology-focused U.S. equities compared to Indian mid-cap, large-cap indices, and gold. The Nifty Midcap 150 also exhibited impressive growth, especially when compared to other Indian and U.S. large-cap indices. Gold, while traditionally considered a safe asset, showed the least growth in comparison to equity indices.
This chart offers a clear view of the benefits of sectoral diversification, currency-adjusted performance, and asset allocation across different geographic regions.
SPY/QQQ Plan Your Trade 11-1 Update: Silver Still LeadingPlease watch this video to understand why I believe the downside risks are still dominant related to price trending.
Yes, we've seen a solid recovery today, but watching Silver and RSP, it appears the Excess Phase Peak pattern is still progressing toward a breakdown new low.
I urge all traders to stay very cautious of the risks throughout today and Monday.
The markets need to climb higher quite a bit to invalidate this pattern - and I don't see that happening before Nov 5.
Buckle up.
Get some.
bear call spread on QQQThis is obviously over the election.
I THINK ELECTION RESULTS "drag out" and we don't really "know" who wins until 11/15? or something?
Now.. I'll start bumping up my GO TO CASH price anyway. This is essentially a market hedge that IF we trade sideways or have any more down movements, this trade works. IF we DO continue to go higher, I'll be profiting on my general portfolios and positions but I will go to cash around $505.05. BUT we need to hit that # in before 11/5. Otherwise, I'll begin increasing it.
The overall trend is bullish. Bull put spreads DEF make the most sense. This certainly is more of a 'hedging' style trade for me. Not too large of risk.
QQQ bull put spreadIf AMZN or AAPL gap down, with both being bear candles today, I believe they would fade.
SAME for the QQQ. REALLY nice move down, but the 100 sma will be a small support and I think NASDAQ:AMZN & NASDAQ:AAPL will have "good earnings". IF AAPL OR AMZN Gap up (and they could) they would both be REALLY solid gaps...