HOW-TO: Set Up the Dobrusky Price Action EngineHOW-TO: Set Up the Dobrusky Price Action
The goal of this post is to walk through the main settings inside the Dobrusky Price Action Engine and explain how I would set it up so the chart stays clean, readable, and useful.
The main mistake traders make with any indicator is turning on too much at once.
More labels, more levels, more pivots, and more filters do not automatically create better chart context. At a certain point, they make the chart harder to read.
The better approach is to start simple, understand what each section controls, and only enable the tools that support your actual trading process.
Main concept: clean chart first, customization second
The indicator includes signals, levels, pivots, daily gaps, optional filters, and display controls.
That does not mean everything should be visible all the time.
A practical setup should answer a few basic questions:
What signals do I actually want to see?
Which levels are relevant to the timeframe I am trading?
Which levels are only useful for higher-timeframe context?
Am I using this setting to make decisions, or is it just adding noise?
Does this make the chart easier or harder to read?
If a setting does not help with context, trade location, targets, or filtering, it probably does not need to be turned on.
Signal display settings
The first settings section controls which indications are shown on the chart.
This includes the ability to show or hide:
Bullish signals
Bearish signals
Different signal types
Inside bars
Dojis
High-volume signals
Lower-volume signals
Inside bars and dojis can be useful for traders who specifically study those patterns, but I personally leave them off most of the time.
The reason is simple: I do not want every minor candle condition labeled on the chart.
If everything is marked, nothing stands out.
For most traders, the cleaner starting point is to focus on the main signal types first, then turn on inside bars or dojis only if they serve a clear purpose in your process.
High-volume-only mode
The larger, bolder signal indications are the high-volume signals.
There is a setting that allows you to show only those higher-volume signals and hide the smaller lower-volume indications.
This can make sense for traders who are focused purely on scalping.
For scalping, I generally care more about immediate participation, stronger reaction potential, and whether the signal appears with enough volume behind it. In that context, filtering down to high-volume signals can keep the chart more focused.
A simple way to think about it:
High-volume signals are usually more relevant for faster intraday setups.
Lower-volume signals can still be useful, but usually need stronger supporting context.
High-volume-only mode can reduce noise if your strategy is focused on quick reactions.
Showing all signals may be better if you are studying broader price action context.
The important point is that high volume does not make a signal automatic.
It only makes the signal more notable. The setup still has to make sense based on context, level location, and the broader market structure.
Signal tuning settings
The signal tuning section controls how strict or loose the signal logic is.
The signals are filtered through volume and volatility thresholds. That means a bar can visually look like a valid setup, but if it does not meet the required volume or volatility conditions, the signal may not appear.
These settings can be adjusted to show more or fewer signals.
For example:
Stricter settings can reduce the number of signals.
Looser settings can increase the number of signals.
Volume thresholds affect whether there is enough participation.
Volatility thresholds affect whether the bar has enough movement.
My recommendation is to leave these settings at default when first using the indicator.
Do not immediately start changing thresholds just because one setup did or did not appear.
That is a bad way to tune anything.
A better process is:
Start with the default settings.
Observe how the signals behave across multiple sessions.
Compare signals in trending, ranging, high-volume, and low-volume conditions.
Only adjust the thresholds when you have a specific reason.
If you start changing signal logic too early, you are more likely to overfit the chart than improve your process.
Daily gap levels
The indicator can automatically plot daily gap levels.
This is one of the more practical level features because daily gaps can become important reference points for intraday and swing context.
They can be used as:
Potential reaction areas
Potential targets
Context for whether price is accepting above or below a prior session area
Reference points when price is moving through less obvious structure
The daily gap settings include controls for the lookback period.
For example, if the lookback is set to 200 days, the indicator will only show daily gaps from within that recent window.
This matters because old gaps can clutter the chart quickly. Just because a gap exists does not mean it needs to stay visible forever.
In most cases, recent gaps are more useful than very old ones.
Partial gap filling
There is also an optional partial gap filling setting.
This adjusts the displayed gap boundaries when price partially fills a gap but does not fully close it.
For example, if price gaps up, sells off into part of the gap, then gets bought back up before fully filling the gap, the partial gap filling option can adjust the remaining unfilled portion.
I personally leave this off by default.
The reason is that I prefer to keep the original gap structure visible unless I have a specific reason to modify it.
Both approaches can make sense, but they represent slightly different ways of viewing the gap:
Original gap boundaries show the full initial gap area.
Partial gap filling focuses on the remaining unfilled portion.
Neither setting guarantees that price will react. It is just a visual preference for how you want to track gaps.
Price level controls
The price level section includes quick controls to show or hide groups of levels.
This is useful because you may want different levels visible depending on what you are doing.
For example, during higher-timeframe review, it can make sense to show more levels.
During active intraday trading, too many levels can become distracting.
The indicator includes levels such as:
Previous month high
Previous month low
Current month open
Previous week high
Previous week low
Current week open
Previous day high
Previous day low
Previous day close
Current day open
These levels can help frame where price is trading relative to prior structure.
The key is not simply whether a level exists.
The key is how price behaves around it.
A level becomes more useful when price tests it, rejects it, breaks through it, retests it, or uses it as a target.
Auto-hide logic
One of the most important chart-cleaning features is the auto-hide logic.
The purpose of auto-hide is to keep higher-timeframe levels from cluttering lower-timeframe charts when they are not needed.
For example, yearly pivots may be visible on a weekly chart because they are more relevant for long-term market context.
But when dropping down to a daily or intraday chart, those same yearly pivots may be hidden by default.
That is intentional.
Higher-timeframe levels can matter, but they should not crowd the chart if they are not relevant to the decision being made.
A practical way to use auto-hide:
Use higher-timeframe levels for broader context.
Use daily, weekly, and monthly levels for more immediate trading context.
Avoid forcing long-term levels onto lower timeframes unless price is actually near them.
Let the chart show the levels that matter most for the timeframe being analyzed.
Auto-hide does not remove the importance of higher-timeframe levels. It just prevents them from overwhelming the chart.
Pivot levels
The indicator includes pivot levels across multiple timeframes, including:
Yearly pivots
Quarterly pivots
Monthly pivots
Weekly pivots
Daily pivots
I do not use all of these all the time.
In my own process, pivots are usually secondary reference points.
I am more likely to use them when price is near all-time highs or when there are no obvious nearby targets from prior highs, lows, opens, closes, or gaps.
That is where pivots can become more useful.
For example, if price is breaking into an area with limited overhead structure, a nearby pivot can provide a reasonable reference point.
But if there are already clear prior highs, lows, opens, or gap levels nearby, I usually care about those first.
A practical rule:
Use pivots when the chart lacks obvious nearby structure.
Do not leave every pivot on by default if it clutters the chart.
Treat pivots as reference points, not guaranteed reaction levels.
Prioritize the levels that are most relevant to current price.
How levels change by timeframe
The levels shown on the chart can change as you move between timeframes.
On a higher timeframe, such as the weekly chart, broader context levels like yearly pivots may be visible.
On the daily chart, the focus may shift more toward monthly levels and daily gaps.
On the one-hour chart, weekly levels may become more useful because they are closer to the timeframe being traded.
On lower intraday charts, previous day high, previous day low, current day open, and previous day close may become more relevant.
This matters because the same level is not equally useful on every timeframe.
A yearly pivot may matter for broad context, but it may not be useful for a five-minute entry unless price is directly interacting with it.
A previous day high or low may be much more relevant for an intraday trade.
The goal is to match the visible levels to the timeframe and decision being made.
Previous closes
Previous week close, previous month close, and other closing levels can be turned on if desired.
I usually treat closes as secondary levels.
They can matter, but I generally prioritize highs, lows, opens, gaps, and more obvious structural levels first.
The same idea applies here:
If there is no better nearby level, a close may become useful.
If stronger levels are nearby, the close may be less important.
If the chart is already crowded, extra close levels may not be worth showing.
Again, the point is not to mark every possible reference point.
The point is to keep the most useful reference points visible.
Optional chop filter
The chop filter is optional and is off by default.
When enabled, it marks areas where price is moving in a more sideways or choppy way.
One possible use is to avoid taking signals while price is inside a marked chop zone.
For example, if your strategy performs poorly during sideways conditions, you could use the chop filter as an additional warning.
But I personally leave it off most of the time because I prefer a cleaner chart.
Chop can often be identified through basic structure:
Overlapping bars
Failed follow-through
Repeated reversals
Tight ranges
Signals forming in the middle of congestion
The chop filter can help, but it should not replace reading price action.
It is a tool for context, not a decision-maker.
How I use these settings in practice
My default approach is to keep the chart as clean as possible.
I want to see the main signals, the most relevant levels, and the context that actually helps me make decisions.
I do not want the chart filled with every optional label, pivot, and filter.
In practice, that means:
I usually leave signal tuning at default.
I usually leave inside bars and dojis off.
I may use high-volume-only mode for cleaner scalping context.
I use automatic daily gaps, but avoid showing too much old gap history.
I let auto-hide reduce higher-timeframe clutter.
I use pivots mainly when price is near all-time highs or lacks obvious targets.
I leave the chop filter off unless I specifically want that visual warning.
The main idea is that every setting should earn its place on the chart.
If it does not help me read price action, levels, targets, or context, I would rather leave it off.
Risk and limitations
Settings do not create a trading system by themselves.
A clean chart can make decisions easier, but it does not remove risk.
Signals can fail. Levels can break. Gaps can be ignored. Filters can help in some conditions and be unnecessary in others.
The indicator should be used as a decision-support tool, not as an automatic buy or sell system.
The trader still has to evaluate context, location, risk, and whether the setup fits their plan.
Closing
The best starting point is simple:
Start with the default settings.
Keep the chart clean.
Focus on the main signals and most relevant levels.
Avoid turning on every optional feature at once.
Only adjust settings when you understand what problem you are solving.
Once the chart is clean and usable, the next step is understanding level hierarchy.
That means deciding which levels matter most, which levels are secondary, and how those levels can be used for context, targets, and trade location. 
Education
$IWM 45M — May 12, Macro, TA read, Research.AMEX:IWM 45M — May 12, 2026 Close
𝐌𝐲 𝐯𝐢𝐞𝐰: 𝐁𝐮𝐥𝐥𝐢𝐬𝐡 𝐢𝐧𝐭𝐨 𝐞𝐧𝐝-𝐌𝐚𝐲. Tactical, not thesis.
𝐏𝐨𝐬𝐢𝐭𝐢𝐨𝐧: Paper-tracked long off Discount-to-Equilibrium reversal that triggered this morning (Stoch RSI %K cross from oversold). Entry $279.50 area, current $282.58.
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𝐂𝐨𝐧𝐟𝐥𝐮𝐞𝐧𝐜𝐞 𝐬𝐭𝐮𝐝𝐲:
1. 𝐌𝐞𝐚𝐬𝐮𝐫𝐞𝐝 𝐦𝐨𝐯𝐞 from April 6 low ($240) → May 6 high ($287.57) = 47.57 point impulse. Current consolidation $278-282 sits at 0.5-0.618 retrace. Symmetrical projection from $278 base adds ~$47 → ~$325 if the impulse repeats. Not a target — a measurement.
2. 𝐅𝐢𝐛 𝐞𝐱𝐭𝐞𝐧𝐬𝐢𝐨𝐧𝐬 from the same impulse:
▪ 1.236 → $289.48
▪ 1.382 → $295.32
▪ 1.5 → $300.15
▪ 1.618 → $304.98 (𝐝𝐞𝐧𝐬𝐞𝐬𝐭 𝐜𝐨𝐧𝐟𝐥𝐮𝐞𝐧𝐜𝐞 — 1.618 ext = 2.0 fib of secondary swing)
▪ 2.0 → $320.60
3. 𝐕𝐖𝐀𝐏 𝐬𝐭𝐝 (white/blue lines): Price reclaimed VWAP and the 1st upper std today. 2nd upper std sits ~$295-298, aligning with the 1.5-1.618 fib cluster.
4. 𝐒𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞: Higher lows since April. Sequence of BOS into prior $287.57 high. Today's discount tag at $278 held the ascending trendline.
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𝐌𝐚𝐜𝐫𝐨 𝐜𝐚𝐭𝐚𝐥𝐲𝐬𝐭𝐬 (𝐭𝐡𝐢𝐬 𝐰𝐞𝐞𝐤):
▪ Wed PPI 8:30 AM ET — soft print clears the way
▪ Wed AMC: CSCO, BABA earnings
▪ Thu Retail Sales 8:30, AMAT AMC earnings, Trump-Xi summit Day 1
▪ Fri U Mich sentiment, Powell's final day, Warsh sworn in, OpEx
▪ Small-caps are rate-sensitive — hot CPI is a headwind. Bull case requires PPI to be soft and summit to produce a deal.
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𝐅𝐥𝐨𝐰 𝐝𝐢𝐬𝐜𝐥𝐨𝐬𝐮𝐫𝐞 (𝐡𝐨𝐧𝐞𝐬𝐭):
My options flow read shows mixed conviction on IWM. Power Hour saw $0.95M of $267P 37DTE bought at ASK (new position, vol/OI 3x) — institutions added downside protection into today's bounce. The cap appears to be $283-287, not the fib extensions above.
𝐈 𝐝𝐢𝐬𝐚𝐠𝐫𝐞𝐞 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐩𝐮𝐭 𝐛𝐮𝐲𝐞𝐫𝐬 𝐭𝐚𝐜𝐭𝐢𝐜𝐚𝐥𝐥𝐲. The chart structure says the impulse extends; the macro setup (post-CPI bounce, summit optionality, OpEx gamma) favors a grind higher into Thursday-Friday. Their hedges may be insurance, not direction.
I'm letting structure + macro lead. Flow is the risk-management check.
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𝐋𝐞𝐯𝐞𝐥𝐬:
▪ Bull trigger: 45m close > $284.05 with volume → opens $289 → $295
▪ Continuation level: $287.57 (prior high / 1.0 fib) — break = momentum unlock
▪ Invalidation: 45m close < $278.96 → sets up retest of $270.92 / VWAP lower std
▪ Stop on the paper-tracked long: $277.50 hard
𝐃𝐞𝐧𝐬𝐞𝐬𝐭 𝐜𝐨𝐧𝐟𝐥𝐮𝐞𝐧𝐜𝐞 𝐮𝐩𝐬𝐢𝐝𝐞 𝐭𝐚𝐫𝐠𝐞𝐭: $304.69 area (1.618 fib + 2.0 secondary fib + 2nd VWAP std overhead). That's 𝟕.𝟖% from spot over the next 3-6 weeks if structure resolves up.
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𝐁𝐢𝐚𝐬: 𝐁𝐮𝐥𝐥𝐢𝐬𝐡, sized small, flow-conflicted.
Process over prediction. Risk-first, always.
Not investment advice. 
Long
Long 
Education
$IWM 15M — May 12, 2026 CloseAMEX:IWM 15M — May 12, 2026 Close
The setup triggered.
Discount-to-Equilibrium reversal played out exactly as drawn this morning:
▪ Discount tag: $278.05 low at 11:39 ET
▪ Stoch RSI %K cross above %D from oversold — trigger fired
▪ Bounce to $282.58 by close, +1.2% intraday
▪ Equilibrium $282.19 reclaimed
Structure now:
▪ Premium overhead: $284.05 → $287.57 (Strong High / 1.0 fib)
▪ Fib extensions: 1.236 ($291.72), 1.618 ($298.41), 2.0 ($304.78)
▪ Support back to: $280.35 (PoC), $278.24 (Weak Low)
The conflict: Power Hour options flow added $1M+ of June puts at $267 strike (3x OI, new positions) — institutions bought downside protection into the close as price tagged equilibrium. The chart wants continuation. The flow caps the move at $283-287.
Tomorrow's binary: PPI 8:30 AM ET.
Bull continuation path: Hold $280, reclaim $284 with volume, then $287 → $291 fib opens. Both chart structure and flow alignment required.
Fade path: Reject $284 cleanly, lose $280, retest $278 demand. Flow wins.
Trigger I'm watching: 15m close above $284.05 with volume = bull thesis intact. 15m close below $280 = fade thesis activates.
Not chasing the fibs to $298 until structure and flow agree.
Process over prediction. Risk-first, always.
Not investment advice. Long 
[Education] Strategy Hopping Wasted 7 Years Of My Life"My account is down 8% again. At this rate, I'm going to fail another prop firm challenge. Why must this happen to me again? I need a new strategy."
That was me. Wednesday, 7:48PM, after work. I had just started this prop firm challenge 3 days ago.
I scrolled through YouTube, wondering what strategy I should learn next.
This is dumb. I had 1,000 backtested trades on the strategy I was using. Max drawdown 8.13%, average drawdown 2.76%.
I was at 8%. Inside my own data. And I was about to throw it away.
The Cycle You Keep Repeating
I lived this cycle for 7 years. Let me walk you through yours.
Imagine this. You spent the entire January backtesting and collecting 200 trades. You could have gone out with your friends to watch the movies. You could have played basketball with your colleagues after work. But you didn't.
You were happy with the backtested results. Max drawdown of 9%. Average drawdown of 6%.
You decide to move to live market. You encounter a series of losses. Your account is now at 6% drawdown.
What do you do? You panic. You doubt your system. You overthink. "Is this strategy broken?"
You open YouTube. Search "2026 new trading strategy to be profitable". You take notes on the strategy. You start backtesting and collecting more trade data.
See what's happening here? You have wasted the work you did in January. And now you're going to repeat the same thing over again.
This isn't a strategy problem. It's a behavior problem.
And until you see the cycle from outside, you'll spend another 7 years inside it.
Law Of Large Numbers
I used to obsess over the next trade's results. If it was a loss, I would be mad and scared. Whenever I lost 5 trades in a row, I would start looking for a new strategy.
I had over 1,000 backtested trades. Max drawdown 8.13%. Average drawdown 2.76%. I had no reason to feel mad and scared when I lost trades.
Probability needs room to breathe. It doesn't work in 5 trades. It works in 100. Or 1,000. The fewer trades you take, the more random the result.
Do you know how the casino operates? They don't care if they lose a round of roulette to you. You think you have a 50% chance at winning the roulette? You're wrong. There is a "0" and "00" which lets them have the slightest advantage over you.
And over thousands of rounds, the odds will shift towards their favor. This is why "the house always wins". Imagine the casino discards the game of roulette after 10 losses in a row. They would be out of business!
You are the casino. Your backtest trade data is your edge. A few losses are the operating cost. It doesn't break your edge.
Every Strategy Works (If You Let It)
Had I known the principle of probability earlier, I would not have wasted 7 years.
I've tried Harmonics pattern for 3 years, price action trading for 2 years and Wyckoff for 2 years, before settling with momentum and trend strategy.
I was like you. I quit after facing a small drawdown. But at that point in time, I didn't even backtest the trading strategy. I went in blind and just traded the strategy after watching YouTube videos.
I traded live without having a dataset to back myself up. It's like driving without learning the theories and going through simulation practices.
I strategy hopped because I was scared. I didn't know my average drawdown. I didn't know my max drawdown. Heck, I didn't even know if my approach was profitable.
It wasn't until I backtested my momentum and trend strategy that I started to trust my results. When I finally had the undeniable evidence that my strategy worked, I allowed the probability to play out.
I stopped thinking about the next few trades. I focused on my execution. I focused on taking the trades I tested. I focused on getting the number of trades to 100.
This is when I finally found profitability and progress.
Your strategy isn't the problem. Your patience is.
You Were Inside Your Own Data
I'm not afraid now. My backtested data is evidence that I am profitable over 1,000 trades. Max drawdown 8.13%. Average drawdown 2.76%.
The next time my account hit 8% drawdown, I recorded it in my journal. I didn't scroll YouTube.
Drawdown is expected in every strategy. Even if you hop to a new one, you'll hit it again. Stick to the system you tested. Expect the drawdown. Profitability comes when you accept that drawdown is unavoidable. Keep trading.
Your Wednesday after work at 7:48 PM will come. Maybe next week. Maybe tonight.
When it hits, ask yourself one question: am I inside my data, or outside it?
If you're inside, trust the system. Take the next trade.
Open your last 20 trades. Count how many followed your tested system. If it's under 18, you're already strategy hopping inside your own strategy. Fix that before you switch. SPY TA This Week. May 11SPY has ripped back above all major moving averages and is sitting right at the call wall — extended, overbought, and at a decision point. The structural bid is intact, but price is pressing into a zone where dealers are actively selling into strength. The question is whether momentum holds through the wall or we get the mean-reversion pullback this setup is begging for.
**1. Setup — Bullish Until 662.68**
Price is trading well above the weekly 21 (685.89) and weekly 50 (662.68), with the weekly 21 above the weekly 50 — that's a clean bullish alignment. The action off the April lows has been impulsive and nearly vertical, but confidence in a labeled pattern is low here, so we'll call it what it is: a strong trend move that is now running into thin air above prior structure. The weekly 50 SMA at 662.68 is the line that defines whether this is a real bull or a bear-market bounce — closing below it changes everything. Until then, the macro read stays bullish.
**2. GEX Snapshot**
* Net Gamma: $415.0T (positive gamma regime)
* Call Wall: $737.62 | Put Wall: $596.00
* Max Pain: $712.00
* Dealer Hedge: long gamma — dealers buy dips and sell rallies, which suppresses range and pulls price toward magnets like the call/put walls
We're pinned directly at the call wall (737.62), which is the most important GEX read right now. In a positive gamma regime, dealers sell into rallies at the call wall to hedge, which creates overhead resistance and compresses range. The pull toward max pain at 712 is real — that's a roughly 25-point gravitational drag on price if momentum stalls here. A put concentration cluster sits at 752–756, which could act as the next magnet if price punches through the call wall with conviction, but dealers will resist that move by selling.
**3. Key Levels**
Resistance (above current price):
* 752.00 — Put concentration cluster starts, next dealer wall above the call wall
* 754.00 — Dense put OI zone, likely hard ceiling without a gamma squeeze
* 756.00 — Top of put concentration band, extended target if 752 gives way
Support (below current price):
* 712.00 — Max pain, gravitational target on any momentum stall
* 700.91 — VAH, volume profile upper edge, prior resistance turned support
* 688.21 — POC, highest volume node, strongest mean-reversion magnet
* 685.89 — Weekly 21 SMA, first dynamic support on any pullback
* 675.78 — Identified support level, secondary floor
* 664.64 — VAL, volume profile lower edge, bear-case structural support
**4. Indicators**
Daily RSI at 75.32 is in overbought territory and weekly RSI at 69.12 is approaching it — both are elevated but there is no bearish divergence present. Daily Stoch RSI K/D at 89.29/77.55 with the raw value at 98.24 signals the daily move is nearly fully extended; weekly Stoch RSI is pinned at 100/95.41, meaning momentum is about as stretched as it gets on the weekly without rolling over first.
**5. Trade Plan**
Bull case: Price holds above 737.62 on a retest and closes the day above it — targets the put concentration zone at 752, then 754, with 756 as the extended objective; invalidated on a daily close below 712.
Bear case: Price rejects the call wall and breaks below 712 on a closing basis — opens the path to the POC at 688.21 and then the weekly 21 at 685.89; invalidated on a reclaim and close back above 737.62.
**Bottom Line**
SPY is structurally bullish but sitting at maximum extension, pinned at the call wall with overbought readings across every timeframe — this is a hold-your-positions level, not a chase level.
No hype. No bias. Just levels.
Trade safe. Plan ahead. Win together. QQQI Holding Momentum Above $56 — Traders Eye Short-Term UpsideCurrent Price: 56.5 (Analysis was generated on Monday Morning)
Direction: LONG
Confidence level: 42%(Limited YouTube and Reddit data, but available X sentiment tilts bullish and multiple technical indicators point to bullish momentum. However, low discussion volume reduces conviction.)
Targets
Target 1: 57.90
Target 2: 59.00
Stop Levels
Stop 1: 55.40
Stop 2: 54.20
Key Insights:
Here's what's driving this setup right now. QQQI is a high‑income Nasdaq‑100 strategy ETF that tends to move with the broader tech trade while also attracting income‑focused investors due to its strong yield profile. That yield — roughly in the double‑digit range depending on distribution cycles — keeps demand steady even during small market pullbacks.
What's interesting is the technical backdrop. Several momentum indicators tied to QQQI recently flagged bullish trend probabilities, including momentum, MACD alignment, and broader weekly trend signals. These indicators don't guarantee upside, but when they stack together like this, traders often interpret it as a continuation signal rather than a reversal warning.
Another factor is the broader Nasdaq environment. Major tech names like NVDA, AAPL, TSLA, and GOOGL have been moving higher recently, and because QQQI tracks the Nasdaq‑100 ecosystem, strength in those heavyweights typically spills over into this ETF.
Recent Performance:
QQQI closed around $56.50 after gaining roughly 1.4% in the latest session. That move keeps the ETF near the upper end of its recent range. The price hasn't shown signs of heavy selling pressure yet, which suggests buyers are still comfortable accumulating near current levels. Short‑term momentum appears stable rather than overheated.
Expert Analysis:
When I look at the trader sentiment data, the main thing I notice is the imbalance between bullish and bearish commentary. Among the social trading discussions captured, bullish views significantly outnumber bearish ones. The overall conversation volume isn't huge, but the tone leans positive.
Meanwhile, several technical trend models referenced in the market data point to bullish probabilities across multiple indicators including stochastic momentum and MACD trend signals. When different momentum tools point in the same direction, traders usually treat that as confirmation that the trend may continue — at least in the near term.
Because we didn't see specific price levels widely mentioned by traders this week, the targets here are derived from typical short‑term ETF movement ranges. For a fund like QQQI, 2–4% weekly moves are common during steady Nasdaq trends.
News Impact:
Recent financial commentary discussing income‑focused ETFs has highlighted QQQI alongside similar Nasdaq premium income strategies. The ETF's combination of yield and exposure to technology leadership has been drawing attention in dividend‑focused portfolios. That attention can create steady inflows, which tends to stabilize price action during bullish market phases.
Trading Recommendation:
Putting it all together, I'm leaning LONG on QQQI for the coming week. The technical indicators favor continuation, social sentiment tilts bullish, and the broader Nasdaq environment remains supportive. The setup isn't extremely high conviction due to limited trader discussion data, which is why confidence is moderate.
My approach would be accumulating near the current $56.5 level while targeting a move toward $57.90 first and potentially $59.00 if Nasdaq strength continues. Risk management matters here — a drop below $55.40 would suggest momentum fading, while $54.20 marks the level where the short‑term bullish thesis breaks down.
Long
Markets research 12.05.2026🌏 Markets:
AMEX:SPY −2.87 −0.39%(pre/m)
NASDAQ:QQQ −6.18 −0.87%(pre/m)
🆕 Economic News:
Trump: The ceasefire between the US and Iran is very fragile and in critical condition.
08:15 USA – ADP Employment Change Weekly
08:30 USA – Core Inflation Rate
08:30 USA – CPI
📈 Gap Ups
Reaction to earnings/guidance:
NASDAQ:QUBT NYSE:PACS NASDAQ:ZBRA NYSE:SE NYSE:VG NASDAQ:ETOR NYSE:TME NYSE:RAL NASDAQ:RGTI NYSE:QBTS NASDAQ:FIGR $Q NASDAQ:JD
Other news:
NASDAQ:POET Announces Appointment of Sandeep Kumar as Chief Operating Officer
Congress Finally Gets a Date for the CLARITY Act. If the May 14 markup succeeds, the bill could reach a full Senate floor vote by June or July, leaving time for reconciliation with the House version, and land on the President’s desk before the August recess. NYSE:CRCL NASDAQ:COIN NASDAQ:MSTR
📉 Gap Downs
Reaction to earnings/guidance:
NASDAQ:PSIX NYSE:HIMS NASDAQ:ASTS NYSE:UAA NASDAQ:CLSK NYSE:ONON NYSE:AG NASDAQ:CAMT
Other news:
NASDAQ:EBAY rejected a buyout offer from $GME.
NASDAQ:GTLB Announces Reduction In Force To Realign Operating Structure - SEC Filing
NASDAQ:VOD after a mixed update, where a return to German growth was offset by a pause to share buybacks to take full control of its UK joint venture.
NASDAQ:NVTS Files For Mixed Shelf Offering Of Up To $250 Million - SEC Filing
‼️ Additional
Musk ( NASDAQ:TSLA ) and the heads of BlackRock NYSE:BLK , Goldman NYSE:GS , Meta NASDAQ:META , Visa $V, Mastercard NYSE:MA , Cisco NASDAQ:CSCO , and Apple NASDAQ:AAPL are traveling to China with Trump.
Trump: The ceasefire between the US and Iran is very fragile and in critical condition.
-- Iran’s proposal is unacceptable.
-- I have a plan for Iran.
Iranian Parliament Speaker Ghalibaf:
-- There is no alternative but to recognize the rights of the Iranian people outlined in the 14-point proposal.
-- Any other approach will be completely fruitless; one failure will follow another.
-- The longer they drag this out, the more American taxpayers will pay for it.
The Senate voted to end debate on Kevin Warsh’s nomination for Fed Chair. Warsh is now expected to be finally confirmed as Fed Chair this week.
-- Jerome Powell’s term as Fed Chair expires on May 15.
-- Trump expects his pick, Warsh, to finally start aggressively cutting rates.
📋 List of tickers involved:
AMEX:SPY NASDAQ:QQQ NASDAQ:QUBT NYSE:PACS NASDAQ:ZBRA NYSE:SE NYSE:VG NASDAQ:ETOR NYSE:TME NYSE:RAL NASDAQ:RGTI NYSE:QBTS NASDAQ:FIGR $Q NASDAQ:JD NASDAQ:POET NYSE:CRCL NASDAQ:COIN NASDAQ:MSTR NASDAQ:PSIX NYSE:HIMS NASDAQ:ASTS NYSE:UAA NASDAQ:CLSK NYSE:ONON NYSE:AG NASDAQ:CAMT NASDAQ:EBAY NYSE:GME NASDAQ:GTLB NASDAQ:VOD NASDAQ:NVTS NASDAQ:TSLA NYSE:BLK NYSE:GS NASDAQ:META $V NYSE:MA NASDAQ:CSCO NASDAQ:AAPL
Best regards – hi2morrow team.
Long
Long
Long 
Short
Long 
$EEM (iShares MSCI Emerging Markets) lands in my long-term FOLIOEntry #4 - AMEX:EEM (iShares MSCI Emerging Markets)
There are some assets where you don’t even need anything more than the monthly chart and you already know you should enter. I’m entering this one without any doubts, actually I already started a few weeks ago, which I mentioned in the groups almost every time I saw another newcomer with zero knowledge investing into ETFs and almost always those are ETFs with exposure to SP:SPX , NASDAQ, or generally to the endless growth of everything.
I’m not going to try convincing anyone that the next years or even decades will belong to Asians and emerging economies, people can believe whatever they want. But personally, with full conviction, I’m gradually entering this ETF and besides physical precious metals it will be my biggest long term position in the portfolio.
I’ll be writing much more about this topic, but today due to lack of time I’ll just leave the monthly chart, where you can see... two decades of consolidation, boredom, nothing exciting, wasted time and frozen capital... until January 2026, when AMEX:EEM broke out of stagnation and then in March and April made a beautiful retest of that breakout.
The profits here should absolutely crush those from global and American ETFs over the next years, so I’m posting this and leaving it for consideration. In my opinion it’s worth entering already and adding on potential corrections, especially if price pulled back to $55 - $60, which personally I don’t expect, but God willing.
More posts on this topic are coming.
👽💙 Long 
Short 
Silver | SILJ | Long at $30.96If we are in a metals cycle similar to the 1970's, silver and gold have a much larger leg to run. While I do not usually enter trades where the price is this far from the historical mean, I'm going to make an exception here given the convergence of several bullish structural factors:
1. Massive Industrial Demand
Demand drivers include semiconductors, 5G/AI infrastructure, electronics, solar panels, electric vehicles (EVs), etc. Industrial use dominates silver consumption. Silver functions as both a monetary metal and a critical industrial commodity — often called the "primary strategic metal of the green transition."
2. Supply Deficits
The market faces its sixth consecutive annual deficit in 2026 (projected ~46 million ounces shortfall). Most silver is a byproduct of other mining (copper, lead, zinc), limiting quick supply responses. Cumulative deficits have drawn down inventories significantly.
3. Geopolitical Risks and Safe-Haven Demand
Ongoing tensions (e.g., Middle East conflicts, U.S.-China/ Iran dynamics, trade issues, resource nationalism) boost demand for sliver as non-yielding stores of value.
Targets into 2029:
$38.00 (+22.7%)
$55.00 (+77.6%)
Long
Long
The semiconductor rally reaches extremely overbought levelsThe semiconductor stocks have been among the hottest in the market, with the VanEck Semiconductor ETF (SMH) up more than 50% since the end of March. However, both the sector and the ETF are now extremely overbought, with the SMH trading above its upper Bollinger band and the relative strength index above 80. The last time something similar happened was in October, which led to a prolonged period of sideways consolidation and an eventual return to the lower Bollinger band by the end of November.
Additionally, the SMH has risen more than 50% above its 200-day moving average. Historically, that is the most overextended the ETF has been since its inception in 2001. This highlights just how overbought both the ETF and the broader semiconductor sector have become at this point.
For now, the 10-day exponential moving average may be the best early warning of a potential turn in the SMH. If the ETF breaks below that moving average, which also coincides with a support level near $525, the pullback in both the ETF and the broader sector could begin to unfold, with the potential for a decline back towards another area of consolidation and support around $480.
A further advance, while possible, is likely to prove difficult, and the sector may instead become more range-bound if a pullback fails to develop, leading to a period of sideways consolidation similar to that seen in the autumn of 2025.
Written by Michael J. Kramer, founder of Mott Capital Management.
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