The wave (4) as a WXYXZ structure in the primary scenario was earlier confirmed as we took out the wave (3) high. On the one hand, this is bullish as we are now working on a wave (5). On the other hand, we have to be careful with the expectations for this fifth wave. With the current data, we favor some more upside but we do not expect a huge wave (5) bull run.
The wave (4) as a WXYXZ structure in the primary scenario was earlier confirmed as we took out the wave (3) high. On the one hand, this is bullish as we are now working on a wave (5). On the other hand, we have to be careful with the expectations for this fifth wave. With the current data, we favor some more upside but we do not expect a huge wave (5) bull run.
Hello everyone
This is likely the last analysis/ forecast until next month/ year.
As always, I am monitoring DXY for confirmations of movement on the NQ.
I am bullish above the Order Block highlighted, and the supports noted.
If we trade below the order block, I will be looking for a dip into the bullish FVG's marked as support.
I believe a high probability...
VANTAGE:NAS100 has experienced a remarkable year, witnessing a 60% surge in the technology index.
More notably, as the year draws to a close, it is hovering around the previous all-time high (ATH) zone.
Technically, following a false breakdown at the end of October, Nas100 displayed robust upward momentum.
Over the past three weeks, the index has been...
I trade Nasdaq intraday exclusively
Trading in GMT time zone
Sharing my post day review & analysis in case it can help you :)
Did my analysis at +- 5:20am GMT
Noted at 1. that overnight the market had broken through the pink down trend line which market had been respecting for some time
There was a nice re-test of the trend line at 1. on the 1H TF and then...
Stock markets often enjoy a seasonal share boost during the festive period.
It's been an unpredictable year for stock markets after gloomy 2022 but all we are, traders, investors, TradingViewers are hoping for a successful end-of-year boost in the form of a so-called Santa rally.
Shares have delivered a mixed performance so far in 2023, amid SVB crisis, high...
I trade Nasdaq intraday exclusively
Trading in GMT time zone
Sharing my post day review & analysis in case it can help you :)
Did my analysis at +- 5:20 am GMT
- Noted a temporary downtrend as marked by the green trend line
- As the morning progressed I noted the formation of an uptrend line (also marked green) and noted that this uptrend was tested a few times...
The wave (4) as a WXYXZ structure in the primary scenario was earlier confirmed as we took out the wave (3) high. On the one hand, this is bullish as we are now working on a wave (5). On the other hand, we have to be careful with the expectations for this fifth wave. With the current data, we favor some more upside but we do not expect a huge wave (5) bull run.
I trade Nasdaq intraday exclusively
Trading in GMT time zone
Sharing my post day review & analysis in case it can help you
- Today I was looking exclusively for a buy as Nasdaq is strong bullish – “The trend is your friend”. Temporary trend is a down trend but overall, I feel the trend is bullish
- Did my analysis at +-5:20am GMT
- Noted a spinning top on W TF –...
After taken liquidity of the buy side and reject C.E of FVG ''BISI'' we will see a drop of the price to taken liquidity of the sell side and fill FVG ''BISI''
- Tading is probability control your risk management.
Good luck !
Hello friends
Let's continue the weekly analysis
Today is Saturday and we have Nasdaq analysis, be sure to stay with us for the important support and resistance points........
What will fuel this next Bull Market?
#AI and exponential gains in productivity seem like a fair bet.
The technology won't manifest properly in the next few years of course.
But the speculation and new companies will.
20 years ago we saw the trendline of the #VIX break
coming out of 9/11 and right around the time of the Iraq war
Military spending, Lowering...
I trade Nasdaq intraday exclusively
Trading in GMT time zone
Sharing my post day review & analysis in case it can help you
Not trading today as it is a public holiday here.
Hope you took a sell at the 0.618 sell fib level + 4H 20 EMA + trend line (yellow circle).
That was an easy trade....pity I missed it! ;)
Good luck if you are trading today!
Hi Traders,
Price has taken the previous high and many will release their holdings from when they entered the bottom of this to take profit. DXY looking for a bounce to the upside so makes sense that there will be a pullback. Potential a flat correction before it continues to the upside.
I have the POC as the main support and maybe the MA of the 200 daily will...
I trade Nasdaq intraday exclusively
Trading in GMT time zone
Sharing my post day review & analysis in case it can help you
- Today I was looking exclusively for a buy as Nasdaq is strong bullish – “The trend is your friend”
- Did my analysis at +-5:20am GMT
- Noted an ascending triangle on the D – which indicates consolidation and breakout imminent, usually to...
The wave (4) as a WXYXZ structure in the primary scenario was confirmed as we took out the wave (3) high. On the one hand, this is bullish as we are now working on a wave (5). On the other hand, we have to be careful with the expectations for this fifth wave. With the current data, we favor some more upside but we do not expect a huge wave (5) bull run.
I trade Nasdaq intraday exclusively
Trading in GMT time zone
Sharing my post day review & analysis in case it can help you :)
- Today I was looking exclusively for a buy as Nasdaq is strong bullish – “The trend is your friend”
- Did my analysis at +-5:30am GMT
- Identified 3 zones where I would have entered 1 position at each zone
- Zone 1 = confluences:
...
