NAS100 USD NQ1! NASDAQ 2022 Aug 01 Week
Last week price has reached previous supply zone. Given the upward channel,
long on retracement is preferred. And if upward channel is broken down and
resisted, then target will probably be 11348-11068.
1) Upward channel continues for long on retracement.
2) Possible formation of range 12971 -...
I believe the nasdaq will continue to fall for at least a couple of days.
Nasdaq has been growing for the past four weeks gaining back its losses. (22% from bottom)
On a daily chart you can see it hit a major resistance and made a false breakout which probably lured the last retails into long positions.
Stochastic oscilator has formed a rising wedge which is a...
Hey my friends:)
Currently watching NAS100 and deciding where to get in with some shorts. #13070 to #13100 marks as a key level. NAS100 reacted at this level several times. I am short biased seeing that NAS100 printed a double top. The pull up we have just witnessed should just be to retest the broken structure (neckline). I anticipate NAS100 to fall from there...
As anticipated in my previous analysis, NAS100 reacted with bearish pressure and fell from December 2021 falling trendline. Follow the link below to see my previous analysis.
Now we can expect the market to move to the downside seeing that we have a high time-frame rising channel and minor rising channel within the larger one which are considered as bearish...
We closed our sell positions we took from 13370 for fear that bulls will defend the neckline. I am waiting to see how the market will react when New York session opens. My bias is bearish and I want to see the market close below 13026 (at least) to short to 12920 for short term. I have long term bias to 12300 if 12920 is breached successfully.
We completed the 4 wave and now we will make the 5 wave. Next resistances/targets are 13470 and 13570 in extension.
Targets. Supports, Resistances on chart.
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Be carefull, patient and discipline.
Good trades to All.
❗ DISCLAIMER ❗
This post does not...
The more you care, the more you have to lose.
close the chart n go to sleep now Bihhh
🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will...
The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately.
All likes/comments and feedback are very much appreciated!
How to play my chart:
Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green...
NAS100 was trade in consolidation zone /12145~11489/, but it's break on bullish side. it's very good sign to entry long trade.
This is not financial advice. This is for only my private trade plan. If you have follow at your own risk.
Line in the sand for NQ_F today is 13300. Bulls want go above 13380 and bears to go below 13230. These 150 pts may end up deciding this battle.
Macro US Michigan Cons. Sentiment Index
Break: 13380, 13430, 13500/20, 13580
Reversal: 13300, 13200, 13110/085, 13030
Break: 13300, 13210, 13125/095
Reversal: 13380, 13450,...
Happy Midweek, Happy CPI Day,
As mentioned in the analysis yesterday, bears did try to bring NDX below 13k. Bulls have bearly (barely 😇) managed to push it back > 13k.
Line in the sand today is 13070 for NQ_F
Macro: US CPI
Break: 13060 13180 13265 13325
Reversal: 12995 12930 12850 12790 12720 12940
Break: 13010 13945 13875 13800...