The NASDAQ has ascended for a second leg and is now poised for a potential deep pullback to test the support zone. This support area aligns with a key weekly level that typically needs to be retested before the index can mount a continued rise. You should keep a close eye on this trend, as it could present a significant opportunity in the coming period.
Hello Fellow traders, this idea on SKILLING:US100 is being distributed to my community, I'm sharing it here for your comments, if this is valid. This is only my view, im looking for another Buy limit on this pair $nas100. This is not a financial advice, Once we hit another 2 highs, I will update again this idea. Follow for more.
Stay watching and waiting. I would prefer price coming down to 18180 before I enter. This will confirm my bull run that I see when I zoom out.
Short-term I do see the sell, the more I zoom out the more I see the buy for longer term purposes. LL's below 18180 I would see the bears strength for now I'm forecasting bulls coming in and taking over but firstly we are going to stay patient and just watch.
Good thing we were patient and stayed out. Following the previous post, I had not set out an idea. This was just placed and not taken. Now we have a better idea as to where and what to do: We waiting for the retest on the rectangle and confirmation of bull movement before we set out our buy stops and market entries to go with the bull run.
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...
Hello fellow traders, this idea is BUY only. if you can wait for this zone. The BTFP already dried up since March 11, Im expecting a bearish scenario on most indices like this $nas100. This idea is for higher context traders who like swing. This is not a financial advice either, Im not giving a higher explanations on my idea. Trade it or wait for it. You either...
NASDAQ maintains its upward trajectory, continuing its ascent in a new rally. With bullish momentum intact, the index remains focused on reaching higher levels. Investors are optimistic about the sustained growth potential, driving confidence in the NASDAQ's performance. As the rally persists, attention is keenly directed towards emerging opportunities and...
NASDAQ:QQQ has shaped Head-and-Shoulders formation on the daily chart. Daily downtrend confirmed, weekly consolidation has started. Please note that broad SP500 market is still technically in an uptrend, meaning that buyers are still strong. So if you plan entering SHORT on QQQ I would wait for a pullback to increase risk-reward. An example of possible trade is...
I see a H&S pattern forming on the 4H timeframe, price has broken previous support and broken the neckline, currently waiting for the retest of the neckline (resistance) to enter the trade with short positions down to TP. Please be sure to move your stop loss while you are 50 pips in profits. Hope you like the idea, if you did please comment or put a like.
Plan setup new concept more analyse free of prive contacte me
- Like u saw yesterday, BTC dipped but the main reason for now is just the global economy being worst. - Nasdaq Companies made big % lost yesterday - here the main list - www.cnbc.com - The Covid19 caused a fast dip followed by a mega pump based on stimulus (brrrrr), now the real dip is ongoing. ---------------------------------- Trading Part ( Long Term...
Chastened by the tech bust, venture capitalists and entrepreneurs have spent the last couple of years taking startups back to basics. No longer could they expect to turn an idea scribbled on a napkin into an instant company and cash out in a couple of years. To get funding and go public, companies had to have solid technology and business models, experienced...
Refer to the previous post regarding Feb Monthly Analysis for part 1 of this post. So as promised, here is the detailed analysis of each of the Feb month’s entries, marked with number’s on the chart: Trade 1: Entry Point: 17254 Time of entry (GMT): +-8h30 Confirmations: Market Pattern: DB formed on 1H TF with neckline broken. Also on the 31 Jan, price had...
Greetings Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have...
16,956 target reached easily. This was based off the W Formation and the price breaking above the neckline. Then we had the run up which surpassed the first target of 16,956 - Text book. Now the price is heading to the next target at 18,800. This is purely based off a momentum trending strategy. The bull run is not over until it's over... So trade...
Logarithm. Assignment in three days. Formations "Bowl". There is a fractal similarity. The Nasdaq index is "ahead." The price is now at $15,237 after a nearly vertical strong price rise from the last consolidation of +18.21%. Note the price levels and their values on the CME. Bitcoin lags noticeably if this fractal structure is realized, but the % ratio targets...
As investors gear up for this week's consumer and producer price data, Nasdaq ended Monday's session with slight declines, fueling anticipation regarding the Federal Reserve's potential interest rate adjustments in the upcoming months. Technically, Nasdaq exhibited a double top formation around the 18400 level, accompanied by RSI indicator divergence. Analysts...