QQQ Stock Trading Plan 2025-05-23
Join our Discord channel for live trading signals and discussions:
QQQ Stock Trading Plan (2025-05-23)
Final Trading Decision
Model Summaries
DS Report
Technicals: 30-min price below 10/50 EMAs but above 200 EMA; neutral RSI; narrowing Bollinger Bands; weak MACD momentum. Daily shows a pullback beneath key resistance ($521.93) but long-term weekly uptrend intact. Sentiment: Rising VIX (21.10) signals caution; mixed news (tariff threats vs. ETF inflows). Conclusion: Neutral/Unclear. No trade. Confidence 55%.
LM Report
Technicals: Daily price above 200 EMA but below 50 EMA; RSI neutral; MACD recently bearish; Bollinger Bands neutral. Support at $505.6–507.9, resistance at $517.4–517.5. Sentiment: Elevated VIX; mixed macro headlines. Conclusion: Moderately Bearish. Recommends short at $511.43, target $493–496, stop $522–525; size 2–3% of account. Confidence 65%.