My first idea is to short this, but I see the price has and have more momentum keep on reaccumulating everytime stops. So my speculation on this is reaccumulating again at 16460$ zone. Money got transfer at 16669, Im expecting price to 17100-17150$ per $Nasdaq. No room for Shorts, but be always careful stoploss is our friend here!. Trade at your own...
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 at +- 5:20am GMT Looking exclusively for a buy, as Nasdaq is bullish overall – “The trend is your friend” Navy blue trend line indicating just how steep and bullish the current trend is. Interesting to see the 1H EMA...
The History is happening right here! ✨ Nasdaq-100 Index NASDAQ:NDX just set its Best First Half in almost 40 years since inception in 1985, with amazing 38.75% year-to-date return in 2023. Among all semi-annual results, Nasdaq-100 gain this year is second only to the year of 1999. With historical 61.44% gain in the second half of 1999, glory times shortly...
The Nasdaq100, a benchmark index comprised of 100 of the largest non-financial companies listed on the Nasdaq stock exchange, has long been a key indicator of the tech-heavy segment of the market. However, recent market trends and technical analysis have sparked concerns about a potential downturn, largely attributed to the formation of a rising wedge pattern that...
The wave (4) as a WXYXZ structure in the primary scenario was earlier confirmed as we took out the wave (3) high. We are now working on a wave (5). In the daily time frame, the upward move looks still very strong. Therefore, we are considering an alternative scenario where the wave (4) pullback is a wave (2) correction. That would mean that we are doing a wave (3) now.
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, as Nasdaq is bullish overall – “The trend is your friend”. Navy blue trend line indicating just how steep and bullish the current trend is. Even though we are at all-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 +- 5:20am GMT Looking exclusively for a buy, as Nasdaq is bullish overall – “The trend is your friend” Navy blue trend line indicating just how steep and bullish the current trend is. At the time of my analysis, noted...
The wave (4) as a WXYXZ structure in the primary scenario was earlier confirmed as we took out the wave (3) high. We are now working on a wave (5). In the daily time frame, the move up looks still very strong. Therefore, we are considering an alternative scenario where the wave (4) pullback is a wave (2) correction. That would mean that we are doing a wave (3) now.
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, as Nasdaq is bullish overall – “The trend is your friend” At the time of my analysis, noted the following: Fireball: A beautiful double bottom formed on the 15min TF (as...
Dear Traders, NDX broke the falling channel (long purple trendlines) and then repeated a breakout from the falling wedge (short purple trendlines). I believe NDX can continue its rally because MACD turned bullish, and I can see a confirmed bullish cross on the RSI. The price is above EMAs, and the volume is high enough for the continuation. I believe the target...
- Double top formation forming on the Daily/Weekly chart - Head & Shoulders Pattern potential to form (2nd top in double top is the head of H&S patter) - Price has reached Fibo 0.618 extension, potential area for reversal - Mean reversion back to the long term trend line (excluding the inflationary impact of money printing) - News celebrating all time 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 +- 5:20am GMT Looking exclusively for a buy, as Nasdaq is bullish overall – “The trend is your friend” Noted that Nasdaq rallied +- 1000 pips since market open on 14 Dec. Basically the continuation move from FOMC last...
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.