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.
Similar to Dow Jones, the Nasdaq is heading to our initial target of 16,956. Also formed a Cup and Handle. Also above the 200MA. Also moving based on the fundamentals of weaker US dollar and slow down in interest rate hikes. Also, with AI tech and EVs taking over control with many different companies in some ways or another, we can expect the tech boom going...
Im updating this idea, FOr valid and invalid zone, if price keep pushing higher or break this high, then probably this idea is invalid. If price start declining then Im expecting price goes 15600-15500 zone for grab demand. before we can take off to higher 16300$ zone. This is only my view, This is not a financial advice. Follow for more. I will update this...
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. Looking exclusively for a buy because Nasdaq is bullish at the moment - "The trend is your friend". As always in a trending market, the market could retrace before continuing the current trend. So I drew...
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! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a...
Hello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a...
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 +- 5:20am GMT Looking exclusively for a buy as Nasdaq is overall bullish - "The trend is your friend" Noted at A. that the market retested the blue downtrend line that it had been respecting - candle closed above...
NASDAQ:QQQ NASDAQ:NDX Here's what I see shaping up in the Nasdaq 100 💡 Remember we do have two big news events this week . The inflation CPI # Tuesday and the FOMC rate decision on Wednesday. These two events 📰will be huge market drivers. One or both could disappoint and cause a decent pullback. Putting that aside for now I do see positioning and a...
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...
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...
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...
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.
As you can see, Nasdaq broke the crucial zone, did some pullbacks, and made a higher high. Now it is a matter of time.
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 –...