LS

Posts and replies are NOT investment / trading advice.

[LS @LanceKAZ6]

Monday gap up to 711-715 for $QQQ. Could be as high as 717, but that is a big ask. Enjoy the weekend! $TQQQ $SQQQ $SPX $SPY $DIA $IWM

[LS @LanceKAZ6]

@financialjuice Escape is not the plan... they will probably stay for some time.

[LS @LanceKAZ6]

A,B,C,D,E corrective structure. Position accordingly. $QQQ $TQQQ $SQQQ $SPX $SPY $DIA $IWM

[LS @LanceKAZ6]

@antibearthesis This is probably the real answer: -138.2 sits at 121 (essentially today's low), and -161.8 sit at 103. If the markets stop going down around these levels, then the bottom might be in, or close. Further market weakness probably points to $SPCX at around 103.

[LS @LanceKAZ6]

@antibearthesis When it finds a bottom...

[LS @LanceKAZ6]

@thesignalinvest Enjoy! Appreciate you!

[LS @LanceKAZ6]

@BaringFutures It is the creation of fear to induce selling. They get retail to sell to them at a lower price before jacking prices up. It is the same thing all the time... create fear, buy, drive the price up, let retail fomo work its magic, sell out, and repeat the cycle.

[LS @LanceKAZ6]

Inverse head-and-shoulders pattern on $QQQ, within a bullish consolidation/continuation formation? Maybe. Bear trap fail breakdown below the symmetrical triangle, within the bullish consolidation/continuation formation? Maybe. Position accordingly. $SPX $SPY $DIA $IWM $TQQQ $SQQQ

[LS @LanceKAZ6]

@BeardoTrader Failed breakdown incoming for $QQQ? That is the question.

[LS @LanceKAZ6]

$QQQ is in a continuation pattern; a triangle utilizing the 6/3 top and the 6/9 bottom. This is consolidation, not a larger breakdown. At this hour there is a little more than 2.5% of movement left in the triangle. A minor triangle breakdown could be imminent. Failed breakdown!

[LS @LanceKAZ6]

@thesignalinvest Patients...

[LS @LanceKAZ6]

@thesignalinvest I don't see exactly what you see with $SPX / $SPY, but I have been on a weekly buy since last week. Bought a boatload of $QQQ via $TQQQ today; hourly triggered and daily is very close to triggering a buy. Appreciate your work!

[LS @LanceKAZ6]

@BeardoTrader Went all in on $QQQ in the last hour of trading. Looked to good to pass up!

[LS @LanceKAZ6]

@CherishQian8 $QQQ might be ready to move higher. $TQQQ is how I am plying it.

[LS @LanceKAZ6]

Don't be surprised if today's market gains pullback. CPI is a backward read on inflation, while PPI (which is released before the open tomorrow) is more forward-looking. $QQQ $SPX $SPY $DIA $IWM

[LS @LanceKAZ6]

Might be a good time to buy $QQQ. $TQQQ $SQQQ $SPX $SPY $IWM $DIA

[LS @LanceKAZ6]

@BeardoTrader Probably right... PPI is going to be interesting read.

[LS @LanceKAZ6]

Tomorrow could be a bloodbath for markets if CPI comes in hot, and don't forget about more forward-looking PPI on Wednesday. This could be an ugly week! $SPX $SPY $QQQ $DIA $IWM

[LS @LanceKAZ6]

Like I said, I don't believe you $QQQ. $TQQQ $SQQQ $SPX $SPY $DIA $IWM

[LS @LanceKAZ6]

I don't believe you $QQQ. $TQQQ $SQQQ $SPX $SPY $DIA $IWM

[LS @LanceKAZ6]

When the signals and triggers are not there, then don't force a trade. Just because $SMH looked interesting doesn't mean you need to buy it. Be patient. $SPX $SPY $QQQ $DIA $IWM $SOXL $SOXS

[LS @LanceKAZ6]

While it $SMH looks interesting here, there is still no daily buy signal; weekly is negative and rolling monthly is negative. On top of that, the hourly is flirting with a sell signal. Next week: CPI on Tue and PPI on Wed. $SPX $SPY $QQQ $DIA $IWM $SOXL $SOXS