Total Quality
Score
If You Had Traded on This Analysis…
Pending

QQQ
Entry
577.2300
2025-08-16
05:39 UTC
Target
552.1400
Fail
580.0000
Risk / Reward
1 : 9
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Body
The analysis suggests that the Nasdaq (NQ1!) is breaking below a bear flag, with a key range between 23850 and 23800. A break below this zone could lead to a move towards 23600, and further down to 23500. Based on the flag pole measurement, a projected move towards low 23000s, specifically around 22800 is also anticipated. For the ES1!, the key level to watch is 6470; holding below that level suggests a move towards 6440 to 6430. Additionally, there's a potential double top forming, with a neckline around 6450. The Triple Qs (QQQ) key level is 577, with a break below potentially leading to the 575. Also a measured move of 550 is mentioned, but it requires a breakdown from current 566 channel and a measured move. Finally, the VIX forming a double bottom, with a neckline at 15.5, indicates it may go to 17.