Say you’re bearish but find yourself confused by the market. You want to partake in the action if things go south, but not 100% certain, what could you do? First, you could build some conviction by identifying potential reasons why you think the market could dip lower… Then, devise a ‘tail hedge’ to profit if things indeed go south. Let’s break down these two...
In the higher timeframe, it looks like we have completed a WXY correction. If the low holds, the wave (4) correction can be finished. If the upward move fails, several bearish scenarios can be considered.
In the higher timeframe, it looks like we have completed a WXY correction. If the low holds, the wave (4) correction can be finished. If the upward move fails, several bearish scenarios can be considered.
In my analysis of the Nasdaq100 chart, I'm observing an intense showdown between bulls and bears. It's been a volatile ride with sharp rallies and sudden pullbacks, creating significant resistance around 14,900. The critical question now is whether the bears will successfully breach the new lower-low at 14,442, or rally above to create a new higher-high..
In the higher timeframe, it looks like we have completed a WXY correction. If the low holds, the wave (4) correction can be finished. If the upward move fails, several bearish scenarios can be considered.
There is a pattern on the NAS100 appearing right now. The pair has had a strong move up but it is time for it to move down and to correct. 1) There is a nice pattern now 2) There is H1 divergence 3) There is a lot of resistance at 15140 to 15200
In my previous update I emphasized that this yellow sell zone is a very strong resistance level for SQQQ. There was a lot of uncertainty surrounding the Friday jobs data, but the data came in very strong and almost double expectations. This led to a bullish rally for TVC:NDQ and SP:SPX that led to steep bleeding for SQQQ. I predicted that SQQQ will drop below...
In the higher timeframe, it looks like we have completed a WXY correction. If the low holds, the wave (4) correction can be finished. If the upward move fails, several bearish scenarios can be considered.
In the higher timeframe, it looks like we have completed a WXY correction. If the low holds, the wave (4) correction can be finished. If the upward move fails, several bearish scenarios can be considered.
Cisco's NASDAQ Surge: A Bullish Day Cisco (CSCO) is witnessing a bullish trend today on the NASDAQ. The stock's robust performance is attributed to an impressive earnings report, which exceeded expectations. With a surge in demand for networking and cybersecurity solutions, Cisco's revenue and profitability have soared. Technical indicators, including the...
Microsoft's Quantum Leap: A Bullish Trend on NASDAQ Microsoft (MSFT) is experiencing a bullish surge on NASDAQ. The Relative Strength Index (RSI) for MSFT indicates strong buying momentum, with levels well above the 70 threshold, signaling an overbought condition and potential for further gains. The Simple Moving Averages (SMA) show a golden cross, with the...
Are we seeing pullback or we just go higher on this moves? I have 2 options on buying zone. Trade at your own decissions. Some Trades are perform on my public community. This is not a financial advice. We hit 15000 target last friday. Probably my hit zone next is 15200 only if price has momentum.
USNAS100 New Forecast US stock index futures witnessed positive performance in trading before the opening of the last sessions of the week, today, Friday. This applies to all major US stock indices, awaiting the release of US data and it will decide where the direction will be goes. Technical abstradct : The price perfectly fulfills my last idea and price...
The Nasdaq 100 (NAS100) is rising towards a pullback resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 14877.90 Why we like it: There is a pullback resistance that aligns with the 38.2% Fibonacci retracement level Stop Loss: 15132.35 Why we like it: There is a pullback resistance that aligns above the 61.8%...
I'd like to share my insights on the US100. As the week is coming to a close, it's important to be mindful of potential stop runs by institutional traders, which can be quite aggressive on Fridays. Additionally, we have the Non-Farm Payrolls (NFP) report scheduled later today, so if you're considering trading, exercise extreme caution. These remarks are more in...
The primary expectation is that wave X has finished and that we are doing an ABC pattern down as wave Y. We see two equally valid scenarios. Firstly, we might have finished wave Y as an ABC. Secondly, so far we only finished wave ((a)), wave ((b)) is ongoing as a triangle, and wave ((c)) is still coming.
NASDAQ:QQQ : $367.91 Surfing blog for my own trades and ad hoc comments on QQQ.
The primary expectation is that wave X has finished and that we are doing an ABC pattern down as wave Y. We see two equally valid scenarios. Firstly, we might have finished wave Y as an ABC. Secondly, so far we only finished wave ((a)) and wave ((b)), wave ((c)) is still coming.