Are you looking for a option qqq trade? Here’s our recommendation on trading the qqq option:
option qqqq
This option qqq option recommendation comes from a recommendation in our Daily Stock Barometer.
To sign up for this service – it’s only a $4.95 trial. Here’s the link:
stock market timing (using the Daily Stock Barometer)
The key to trading qqq option on any index or stock is stock market timing.
There are hundreds of different ways to time the market. Our advisory shares over 160 of these indicators with our clients. Here’s a list of some of them:
One consideration with all my indicators is that I try to adust the scale so that they move with the market. This will give you a better understanding of the relative correlation or lack thereof.
After correlation, the next consideration is level and direction. If you have high correlation, and the indicator is moving up, then the market is likely to move higher. If you have a buy signal (turn higher) coming off a relatively low level, then you could be on the verge of a significant move higher.
QQQ –QQQ Buy/Sell Spread Momentum Chart
The spread/momentum indicators assist in your trading of the QQQ (Nasdaq 100), GLD (Gold), US Dollar, USO (Oil) and TLT (20 year bonds). They are tuned to deliver short and intermediate term buy and sell signals. The level, direction, and position to the zero line are keys in interpreting these indicators. For example, direction determines mode and a buy signal ‘above zero’ is more bullish than a buy signal ‘below zero’.
Ud – QQQ/SPY Up Days less Down Days
The QQQ is the Exchange Traded Fund (ETF) for the Nasdaq 100 and the SPY is the ETF for the S&P 500.
This indicator shows the 9 day moving average of the cumulative up and down market days for the SPY and QQQ on a chart with the SPY.
GLD – Gold ETF Buy/Sell Spread Momentum Chart
GLDli – Gold Leading Indicator Chart
Rsg – GLD vs. XAU Relative Strength
Rsg(2) – Gold vs. US Dollar Relative Strength
Xau – XAU Buy/Sell Spread Momentum Chart
DOLLAR – US Dollar Buy/Sell Spread Momentum Chart
Udg – XAU Up Days less Down Days
BOND – Bond Spread Momentum Indicator
Udb – TLT Up Days less Down Days – 8 Day Moving Average
Ud2 – TLT Up Days Less Down Days (vs. SPY) Inverted Scale
OIL – Buy/Sell Spread Momentum Chart
udV – VXO (volatility) & Nasdaq Up Volume less down volume
ts – Stock Barometer ‘Spread’ Indicator (short and mid term)
lts – Stock Barometer Long Term Spread Indicator
test – Test Chart of 12 variables
adv – Nasdaq Advancing Stocks
t2o – Old Barometer w/ Nas Advance Decline
Tv – Oscillator III
Tv2 - Short Term Oscillators III (with sub oscillators)
Nh(2) – Nasdaq Yearly New Highs
DSB – The Daily Stock Barometer
T2L – 5 & 13 Day Stock Barometer
T2B – Nasdaq Stock Barometer
uDsb – Nasdaq Barometer Up Days less Down Days
t2t2 – Barometer – Fibonacci Moving Averages
BE – Nasdaq Barometer Efficiency
New – Buy/Sell Barometer – Various indicators
P2 – CBOE Put/Call Ratio
Pc1 – Put Call Ratio
Ov – Equity and Index Option Volume
Ip – Index Options Put Call Ratio
EP – Equity Options Put Call Ratio
Ps – SPX vs. SPY Put/Call Ratio
Pv – VIX Put/Call Ratio (& Open Interest)
Pvoi – VIX Open Interest Put/Call Ratio
Pq – 5-Day QQQQ Put Call Ratio
Vv – The VXO Thrust Indicator
EIOVR – Equity to Index Option Volume Ratio
Vix – VIX/VXO & VXN
V2 – VXO 5/13
V3 – VXO Spread
V4 – VXN Momentum
A – Nyse Combined Arms
A2 – NYSE Arms
Tk2 – Tick High/Low/Close
TL – Nyse Tick Lows
Th – Nyse Tick Highs
Tvol – Tick Spread Thrust
NA – Nasdaq 5-day arms
NaH – Nasdaq Arms H/L/C
Nt2 – Nasdaq Tick H/L/C
Nth – Nasdaq Tick Highs
Ntl – Nasdaq Tick Lows
Db – Nasdaq Cumulative Breadth
Brc – Nasdaq Breadth ROC
Dvb – Nasdaq Cumulative Volume
Vrc – Nasdaq Volume ROC
Rsi – SPY/QQQ Rsi
RSI(2) – SPY/QQQ RSI Inverse
Rsi3 – QQQ/SPY RSI
nTrc – Nasdaq Tick ROC
dec – Nasdaq Declines
adr – Nasdaq ADR/ADV-Ratio
ad3 – Nas Breadth Spread
ad – MA Adv – Decl
Zw – Variation on breadth
Vad – MA Adv Vol – Decl Vol
N1 – Nasdaq Comp TI
VXe – VXN Efficiency
N2 – Nasdaq Comp MTI
Hl – 5-day New Highs – New Lows
New2 – Composite Market Sentiment Indicator
Dhl – Cumulative New Highs/New Lows
Nhl – New High/New Low Indicator
Nh – Nasdaq Yearly Highs – 4 year
Nl – Nasdaq Yearly Lows – 4 year
Nl2 – Nasdaq Yearly Lows (Log Scale)
This is just one data base – of our 2 – the second data base is geared towards the NYSE and delves deeper into gold and some of the sentiment polling data.
Again, to sign up for a trial, it’s only $4.95, click the following link:
stock market timing (using the Daily Stock Barometer)
