Key Analysis โ QQQ (May 1st, 2025)
๐ Current Price Context
Price is currently around 484.75 after a strong upward move.
Trading near a Call Wall at 482 and a potential Rejection Block Head at 484.72.
๐ผ Upside Targets (Bullish Scenario)
๐ Level ๐ฏ Target Description NQ Equivalent
1 482 โ Call Wall 19920
2 484.72 โ RB Head 20040
3 489.3 โ Target Resistance 20220
4 494 โ Strong Sell Zone 20400
๐ฉ "Possible Sell Zone" is clearly marked between 489โ494, indicating potential profit-taking or reversals.
๐ฝ Downside Targets (Bearish Scenario)
๐ Level ๐ป Target Description NQ Equivalent
1 479 โ Call Wall 19780
2 476/475 โ Gamma Cluster 19660/19620
3 472 โ Put Wall โ
4 470/471 โ Strong Gamma Line 19420/19460
5 466.28 โ Extreme Bear Target 19280
๐ฉ "Possible Buy Zone" around 470โ474, reinforced by the Zero Gamma Line at 471, is where strong bounce reactions may occur.
๐ Strategic Zones (For Entry/Exit)
๐จ Neutral Zones (Buy/Sell Opportunity):
479 (Decision level based on flow)
484 (retest or breakout area)
๐ฉ Strong Demand Zone:
Between 470 and 472 โ Strong gamma support + Put Walls
๐ฅ Strong Supply Zone:
Between 489 and 494 โ High concentration of call options and projected resistance
๐ Expected Scenarios
Bullish Breakout: If price holds above 484.72 โ potential path toward 489.3 โ 494.
Rejection at 484โ485: Pullback to 479 โ watch reaction near 476โ472 for potential bounce.
Bearish Breakdown: Below 472, potential retest of 470/466 area.
๐ Current Price Context
Price is currently around 484.75 after a strong upward move.
Trading near a Call Wall at 482 and a potential Rejection Block Head at 484.72.
๐ผ Upside Targets (Bullish Scenario)
๐ Level ๐ฏ Target Description NQ Equivalent
1 482 โ Call Wall 19920
2 484.72 โ RB Head 20040
3 489.3 โ Target Resistance 20220
4 494 โ Strong Sell Zone 20400
๐ฉ "Possible Sell Zone" is clearly marked between 489โ494, indicating potential profit-taking or reversals.
๐ฝ Downside Targets (Bearish Scenario)
๐ Level ๐ป Target Description NQ Equivalent
1 479 โ Call Wall 19780
2 476/475 โ Gamma Cluster 19660/19620
3 472 โ Put Wall โ
4 470/471 โ Strong Gamma Line 19420/19460
5 466.28 โ Extreme Bear Target 19280
๐ฉ "Possible Buy Zone" around 470โ474, reinforced by the Zero Gamma Line at 471, is where strong bounce reactions may occur.
๐ Strategic Zones (For Entry/Exit)
๐จ Neutral Zones (Buy/Sell Opportunity):
479 (Decision level based on flow)
484 (retest or breakout area)
๐ฉ Strong Demand Zone:
Between 470 and 472 โ Strong gamma support + Put Walls
๐ฅ Strong Supply Zone:
Between 489 and 494 โ High concentration of call options and projected resistance
๐ Expected Scenarios
Bullish Breakout: If price holds above 484.72 โ potential path toward 489.3 โ 494.
Rejection at 484โ485: Pullback to 479 โ watch reaction near 476โ472 for potential bounce.
Bearish Breakdown: Below 472, potential retest of 470/466 area.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.