NAS100 possible reversal bounceAfter price broke structure to the upside, it retraced and formed liquidity above a demand zone that was left behind during the expansion. Price could now use this demand and liquidity to fuel its move upwards to fill a massive imbalance that was left behind during the previous bearish expansion.
NAS
NASDAQ Heavily bearish. Short the next bounce.Nasdaq / US100 has turned bearish on the medium term after crossing under the 1day MA100.
The 4hour RSI is oversold so on the short term we can see a rebound, that will be ideal for a new short position.
So far it follows the structure of the prior selling sequence (July 19th-August 18th) and proportionally we are on the spot where the bounce happened on Fibonacci 2.0.
The closer to the 4hour MA50 it gets, the better. Sell and target 14430 (Fibonacci 2.786).
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NAS100 Double BottomNASDAQ forming a double bottom on 15min time frame with bullish divergence.
Manage your Risk!
NAS100 3/9/23Here on nas100 we have a bearish swing range with a nice collection on confluences, firstly the range is a strong sell range, secondly we have clear IMB and FVG to show us directional strength and power, we also have a clear NY open POI which as discussed in previous posts can provide sone great POIs overall, we know of course that this POI/RANGE was given to us during news alike many of the other pairs effected... BUT as always we follow what we see and how the market is delivering to us!
So we follow our ranges and look for shorts from our POI.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
Nasdaq Already At Resistance?As projected in our previous chart the Nasdaq has seen quite a rip to the upside but like all good things it must eventually come to an end.
Looking at the 4hr chart for MNQ we can see price has completed a perfect ABC measured move ending right high time frame resistance with overbought oscillators starting to show divergence on smaller time frames.
Being we are technically in a macro down trend this current rally should be thought of as a bull rally in a large downtrend. It is likely that price will trade in this range for awhile before making a decision to continue to the down side or give a clear reversal for new highs.
Personaly I am targeting the down side as price has already made its way back up to high time frame resistance, has completed a full ABC measure move retrace, oscillators are reaching over bought on medium time frames with divergence developing on the small time frames.
While we may not shoot straight down for new lower lows a retrace of our current pump is in order at a minimum.
Currently targeting the 15400-15420 area for a short entry postion back to the 15100-200 area and looking for a bounce for a possible lower high and more continuation to the downside.
Trade Well.....
NAS Outlook 8/6NAS left a number of relative qual lows late last week. We are expecting price to want to trade below these to accumulate buy positions before ptonetinally expanding to take out last week’s high. There is a daily OB below price that may support it. the July open price is also at these levels. Interactions with both of these levels can be interpreted as short term discount pricing.
From a macro perspective there is a weekly FVG above price that may be acting as a magnet for higher prices. This is added confluence to the expectation of bullish expansion.
NAS Outlook 7/10Bearish on NAS overall, had wanted price to trade deeper into the monthly FVG, but working under the impression that we have begun the leg down until something convinces me otherwise.
I like the daily rejection block as an area to begin to look for aggressive sells. Will be watching price as always for potential entries.
NASDAQ Potential Breakout Trade SetupNASDAQ is about to break its range please place buy and sell order to take trade.
Manage your risk accordingly.
NASI have my eye on this area at the moment one of two things could happen
1. we could go up higher and grab liquidity and or see price go lower to target equal lows resting below and see if price will continue to fill gaps below.
2. we could see price continue rising above and leaving gaps open with resting SSL below and target previous highs at around 14645 and or 15300.
lets see what price gives us over night and look forward to Friday morning with high impact news on the morning.
3 red high impact folders
NAS 5/31Today Bias was bearish after tapping into the areas noted in last idea.
Started the day marking 00:00 overall open and noticed price slowly began to drop and this time I waited for 7:30 and then created a sell opportunity with a FVG and big displacement. However we still had equities to open and I entered when 9:30 opened ant tapped the gap and marked another zone I felt could tap for a liquidity grab above the daily open. tapped in and entered again.
after that set SL to previous high and TP to EQ lows at 14288 and over all target at 14257 next SSL.
taking partials as it was going down.
Target reached
NAS - what do you see, what do you see, look into my eyes.....Nas seems an easy trade hereabouts.
Trump is all over it. " If you want a gas stove you can have it. " You can have anything you want I dont care. Personally I would never cook on electric again. So I could never vote for a party that would make it illegal, lol.
Gold got rekt. Legacy probably 17% cheaper soon. Rotation into commodities like copper, lithium etc is pumping hugely. Were at stage 3, Topping now, for sure.
Alot of People are about to get Rekt, completely. And a smaller few are about to get the biggest windfall of their generation.
Every Trader and Parent will tell you that there is no better feeling in the world than getting as much as you can possibly afford, for as little as possible.
Nasdaq Daily long term outlookLong term buy till we reach the all time high, then we expect a turn around, this might take a few months to play out
NASDAQ Futures NQM: Bullish Rally Encounters Potential ReversalToday's market action on NASDAQ Futures (NQM) provided quite a spectacle, as we witnessed an impressive pump that led to a new Higher High at 13683. With limited levels of resistance left in the upper echelons at 13817 and 13995, it appears we're running out of targets on the upside. Additionally, the VIX index is down, pointing to a relatively calm market environment.
However, it's crucial to note the emergence of several potential reversal signals. While the market has been propelling upwards, the MACD recently crossed below the signal line, displaying a bearish divergence as it forms a downtrend. This bearish divergence could potentially be signaling a weakening of the bullish momentum.
Moreover, the STOCHRSI reached a high of 97 before starting to turn around earlier today (5/18/23) at 7:30 and continuing downwards at the market open. This, too, could be signaling a possible cooling down of the overheated bullish trend.
In the scenario of a downturn, the key support levels to watch are 13610, 14554, 13505, and 13475.
Given these observations, today's trading strategy should be approached with caution. Although the bullish trend remains dominant, the emerging bearish signals suggest potential for a reversal. Therefore, vigilant monitoring of these critical technical indicators and support levels will be crucial.
In conclusion, although the NASDAQ Futures NQM continues to push higher, we are now observing significant signs of potential bearish divergence. This calls for heightened attention and careful navigation of trading strategies. As always, keep a close watch on market trends and adjust your strategy as necessary.
This analysis was also posted to my Blog!
-The Latin Trader
NAS100Nas gave us a great entry on Friday I did not take the trade but was looking at GU also and was another great opportunity.
I will post if possible on notes for future reference on my methodology.
Moving on to Monday of this week we will be focusing on 4 major things
1. Break of Structure
2. Did BOS leave a FVG
3. Retrace
4. Entry 1:1
during these uncertain market conditions there may be more fake outs so damage risk properly.
Bias : Neutral, until I see major break to the down to the daily SSL or BSL above on candle.
see you at 6 am .
NASDAQ for possible shortAfter price broke an hourly structure impulsively, it was a sign that price possibly shifted bearish on the inner trend to target the imbalance deeper below before pushing further up. This provides us an opportunity to enter on sells in the retracement before the real move up.






















