Hi Guys, hope you all had a great weekend. A quick update on what is happening on NASDAQ on the daily. We have been around this 12200 zone for last few days and its a very strong support area. For the bears to really come in we need a break out of this 12200 area. As for the Bulls if they continue we can see more new highs. The market is currently consolidating so...
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Hi Guys, Today I feel we will get some more bearish momentum. A break at 12229 we can seen NAS go to the next target 12098 and a break here would bring it down to anywhere between 12098-11786. As for the bulls if we fail to break and go back into the channel we can see bulls coming in taking the price back to 12476, A break there we can go back to 11667.
What an amazing day yesterday. Great trades. Easy entries and exits. Nasdaq is so simple when you understand how to trade nas. Today we may get some bearish momentum bring price down to anywhere between 12600-12450 as for the bulls if we break above 12669, our next target will be 12750.
All the best Guys!!!
We currently have a bit of resistance at 12600. A break there our next stop will be 12669. As for the bears, if it comes down it will come to 12500, A break there will break the current trend hopefully bringing price down even more to anywhere between 12442- 12320.
Hi Guys. So last week was great, we broke through previous highs to make new highs and it moves with some very good momentum. However after it made new high it has been consolidating and doesn't really know what to do. Its been a great battle between the bears and bulls- a lot of long wicks everywhere stopping traders out the trades.
Im hoping to see some good...
What a crazy day it was yesterday. Trying to break out of a consolidation with so many fake breakouts - Stop hunters. However we eventually got in the buy and it was a beautiful exit reaching a nasdaq New high. Today we may see some gaps filled with bears come back in or a continuation for the bulls coming back to 12518 and if we get a break here our next target...
HI Guys, Ready for another very profitable week. NAS100 had an amazing run last week. This week we looking at 12400 a major key level. A break there we can see new highs or we may even get a bounce from there bringing price down to 12100 a previous consolidation zone. As for today the targets for:
Bulls: 12290- we will have another attempt to reach 12400
Bears:...
NAS100 Analysis
Yesterday We had a close above the 12110 break a strong key level. If we manage to stay out and break out the current trend then we can see nasdaq reaching 12400-12550. If we fail then Nas may come back to 12040- 11900.
NAS100 Analysis
After a beautiful upward rally yesterday, we are now consolidating in a very important key area where on the daily we can see nas has come up to 12110 many time about 6/7 times and each time got rejected. A break above that level we can see bulls come back in full power but we will know when the day closes tonight. As for today, A break of 12055...
NAS100 Analysis
In line with my previous post, We are waiting for a break of the triangle, If the triangle break up then our target will be 12099, A break out this key line we can see bulls come right in taking nas anywhere between 12099-12398. However a break of the downside of 11821 then we can see it come down to 11610 or 11507. Be be advised it will use minor...
HI Guys, Hope you all had a good trading day yesterday. I will be releasing my daily analysis very soon. Firstly id like you to see what is happening in the daily. It is important to see what is happening in the higher timeframe to be able to execute on the lower timeframes.
We have a triangle that has formed and its been respecting this triangle very nicely. We...
NAS100 Analysis
Will we break 12110 today to bring the bulls right back in?. or break through 11901for a bearish momentum. If we do break 12110 then next target will be 12259, as for the bears 11900-11653. It may come down to find support before going back up. You must understand how to use support and resistance to be able to profit from these analysis. These...
