{"id":119018,"date":"2018-01-03T11:16:51","date_gmt":"2018-01-03T16:16:51","guid":{"rendered":"http:\/\/countingpips.com\/?p=119018"},"modified":"2018-06-01T15:46:49","modified_gmt":"2018-06-01T15:46:49","slug":"first-technical-trade-of-2018-qqq","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/01\/first-technical-trade-of-2018-qqq\/","title":{"rendered":"First Technical Trade of 2018 &#8211; QQQ"},"content":{"rendered":"<div id=\"inves-647946608\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">January 3, 2018<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><a href=\"https:\/\/www.thetechnicaltraders.com\/partners\/idevaffiliate.php?id=237&amp;url=https:\/\/www.thetechnicaltraders.com\/2018\/01\/03\/first-technical-trade-of-2018-qqq\/\" target=\"_blank\" rel=\"noopener\"><em><strong>By Chris Vermuelen,\u00a0thetechnicaltraders.com<\/strong><\/em><\/a><\/p>\n<p>The past week our forecasts have been dead on in terms of timing intraday tops, bottoms, along with oversold levels.<\/p>\n<p>The 30-minute chart of the SP500 index shows the two gap fills, oversold buying zones, and our recent forecast yesterday afternoon which was\u00a0for a continued rally. Everything has played out as expected thus far.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-25191\" src=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/Recent-Analysis-M.png\" sizes=\"auto, (max-width: 912px) 100vw, 912px\" srcset=\"https:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/Recent-Analysis-M.png 912w, https:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/Recent-Analysis-M-300x201.png 300w, https:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/Recent-Analysis-M-768x515.png 768w\" alt=\"\" width=\"912\" height=\"612\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Subscribers of our\u00a0<a href=\"https:\/\/www.thetechnicaltraders.com\/partners\/idevaffiliate.php?id=237&amp;url=https:\/\/www.thetechnicaltraders.com\/2018\/01\/03\/first-technical-trade-of-2018-qqq\/\" target=\"_blank\" rel=\"noopener\">Technical Trading Wealth Building Newsletter<\/a>\u00a0have already taken profits on our first trade of the year with QQQ. This trade setup was a no-brainer as it had multiple technical reasons to get long for an imminent\u00a0pop\/rally. Below is the recent trade issued to our group of traders.<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-25192\" src=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/qqqtrade.png\" sizes=\"auto, (max-width: 826px) 100vw, 826px\" srcset=\"https:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/qqqtrade.png 826w, https:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/qqqtrade-300x275.png 300w, https:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/qqqtrade-768x705.png 768w\" alt=\"\" width=\"826\" height=\"758\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>As you can see in the QQQ chart below the market gave us an oversold condition which we entered long the next trading session and have now taken partial\u00a0profits for quick and easy money.<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-25190\" src=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/ftwinner.png\" sizes=\"auto, (max-width: 870px) 100vw, 870px\" srcset=\"https:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/ftwinner.png 870w, https:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/ftwinner-300x197.png 300w, https:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/01\/ftwinner-768x504.png 768w\" alt=\"\" width=\"870\" height=\"571\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>If you want to make the most of out of 2018 with your trading and long-term investment positions join our Wealth Building Trading Newsletter Today \u2013\u00a0<a href=\"https:\/\/www.thetechnicaltraders.com\/partners\/idevaffiliate.php?id=237&amp;url=https:\/\/www.thetechnicaltraders.com\/2018\/01\/03\/first-technical-trade-of-2018-qqq\/\" target=\"_blank\" rel=\"noopener\">CLICK HERE<\/a><\/p><div id=\"inves-626460431\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p><em><strong>By\u00a0www.thetechnicaltraders.com<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Chris Vermuelen,\u00a0thetechnicaltraders.com The past week our forecasts have been dead on in terms of timing intraday tops, bottoms, along with oversold levels. The 30-minute chart of the SP500 index shows the two gap fills, oversold buying zones, and our recent forecast yesterday afternoon which was\u00a0for a continued rally. Everything has played out as expected [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-119018","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/119018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=119018"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/119018\/revisions"}],"predecessor-version":[{"id":119019,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/119018\/revisions\/119019"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=119018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=119018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=119018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}