S&P500 violated a solid daily horizontal resistance and closed above that. The broken structure turned into support now. We may anticipate a further growth on the Index. Next resistance - 4595 ❤️Please, support my work with like, thank you!❤️
For the first time in 2023, the index of technology stocks exceeded the level of 16,000. The rally comes amid news surrounding Sam Altman, the now former head of OpenAI, the company behind ChatGPT and other groundbreaking products. If you don't know: → Sam Altman, co-founder and former CEO of OpenAI, was fired from his position on November 18, 2023. The...
The wave (4) as a WXYXZ structure in the primary scenario was confirmed last week as we took out the wave (3) high. At the one hand this is bullish as we are now working on a wave (5). At the other hand, we have to be carefull 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.
Nasdaq pushed up pass July's highest price last week. We want to keep an eye on it this week to see if there will be more buys to push price higher. The only thing that can invalidate this setup is if the inside bar's or past sellers attempt to push the market down fails. What do you think will happen next? Will the buyers keep price going or will the sellers...
another week to tussle the market. nasdaq100 struggled at resistance, just as suspected from last week's analysis brief. she's still dancing at 15919. however, if broken, eyeing a long buy to 16524-16790 before another stall. as for gold, after creating a new support at 1932 and failing to break past the previous resistance at 2008, i sense a promising sell once...
In this insightful video, we delve into the NAS100's intriguing movements as it encounters crucial resistance levels on both the monthly and weekly charts. With the week drawing to a close, we scrutinize the possibility of an assertive retracement. Our discussion extends beyond surface analysis, encompassing market structure, intricate price actions, meticulous...
The wave (4) as a WXYXZ structure in the primary scenario was confirmed today as we took out the wave (3) high. At the one hand this is bullish as we are now working on a wave (5). At the other hand, we have to be carefull 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.
5 days and 600 points later, nasdaq100 buys went well. a break past 15688-15919 and i’m adding more buys to ath @ 16524-16790. as for gold, that 1948 support break gives me more selling opportunities to 1904 however if rejected then buyers will have to break past 2008 for me to consider buys. still holding my swing. bored but i’m happy i now have the patience to...
Extended W Formation has formed on Nasdaq. SImilar to Dow Jones. They seem to be leading indices which could drive up the JSE ALSI 40 along with it. We need to bne open minded for potential change ahead but trade according to what we SEE rather than what we feel. Other indicators are showing upside to come. 7>21>200 RSI>50 Price breakout downtrend Target 16,500
The primary scenario now calls for the end of wave (4) as a WXYXZ structure. In the lower time frame, we are looking at an ending impulse (i.e., wave ((i))) or the start of a new impulse (i.e., wave ((iii)).
Hello ladies and gentleman,according my analysis To INDEX NASDAQ 100.there is agreat probability long to 15100 USD.
USTECH Trade Plan Timeframe: 4H #NDX100 #NASDAQ #USTECH #TradingwithBelieve #TradingOpportunity #Divergence #TradingSignal #USTECHtradingsignal #Forex Hey traders! 👋 Let's dive into a potential trading opportunity on the USTECH pair using technical analysis. 📊 📉 Previously Bullish Trend: Firstly, on the 4H- timeframe, we've been witnessing a Bullish trend in...
The WXY structure as a wave (4) was invalidated. Therefore, the primary scenario now calls for the end of wave (4) as a WXYXZ structure. In the lower time frame, we are looking at an ending impulse but it is too early to call for the high.
Very little room for upside before resistance is met. Neutral until resistance or an upside break is confirmed. Nasdaq had a terrific ,but hard run last week. Time for a breather.
We are still working on the wave (4) as a WXY structure. The wave Y is unfolding as an ABC pattern and it looks like we are finishing wave ((b)). Based on a major resistance level and the S&P 500, the alternative scenario calls for the end of wave (4) as a WXYXZ structure. Price action in the lower time frame will help us to choose between the two scenarios.
Target makes an impulse wave to wave 5 downtrend - Stop Loss (15134.6) - Target 1 (14304.0) - Target 2 (14096.4) - Target 3 (13888.7)
i believe we might see a bearish move soon on us100 , we have a falling trendline + key level most likely a sell from there. what do you think
We are still working on the wave (4) as a WXY structure. The wave Y is unfolding as an ABC pattern and it looks like we are finishing wave ((b)). Based on a major resistance level and the S&P 500, the alternative scenario calls for the end of wave (4) as a WXYXZ structure.