Td58: The last days of my 60 days trust exercise. The NQ bears are in and she’s currently at the 20 or as some TRADERS will like to call it, “OVER SOLD”. There’s usually a pull when it’s at this point, If backed with a DIVERGENCE and a valid structure then, maybe a reversal.
NQ1! NAS100 NASDAQ 2023 Mar 13 WEEK Week of 06 March, market gave 300pts from 2 trades. Market is trapped between 12418 - 11930. Although daily bar showed little supply for short term long opportunity, the low volume means it is cheaper to whipsaw the market. Trade with caution. Possible scenarios: 1) Market continues to be range bound between...
Federal Reserve raising rates vertical fasted in history. 1. More people getting bullish before mass bankruptcies are filed 2. Bull whip effect in full force too many new hired people from stimulus 3. FED are stuck and have to raise rates through a recession threat to defend the US Dollar and US bonds 4. They potentially avoided the blow off top but can they...
Following the FOMC’s rate hike, markets continued to rally yesterday until the closing bell when tech giants Alphabet, Amazon, and Apple reported their earnings. Bleak numbers poured cold water on a rally, and in after-market trading, Nasdaq 100 index fell more than 2.5%. However, this move quickly recovered, highlighting the market's growing fragility. With VIX...
Td56: NQ bears started their build after yesterday’s 50% break. New LHs have been formed and I want to see if she holds or she creates new LLs. For now, my setup is BEARISH till there’s an LH break. What’s your plan? (Trades - 1BE)
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
The weekly timeframe has been slowly developing a bullish structure. The retracement from the all-time high stalled at a 61.8% Fibonacci ratio (from the pandemic low), and prices have since rallied to trade above the previous cycle high. OBV (on balance volume) is also confirming price action high. A recent pullback from the March high has stabilised above the...
NASDAQ - Intraday - We look to Buy at 12031 (stop at 11951) Continued downward momentum from 12455 resulted in the pair posting net daily losses yesterday. Buying posted in Asia. Intraday, and we are between bespoke support and resistance 12021-12238. We are trading at oversold extremes. Dips continue to attract buyers. Our profit targets will be 12231 and...
How to seize the trend in this market? It is to follow the trend. When the trend comes, an invisible force pushes you forward. Currently, the stock market is expected to continue to rebound as the pace of interest rate hikes has slowed. However, with a return rate of around 5%, there is limited upside for the stock market to rebound significantly. Therefore, it...
Td 55: Today in the NQ, The BEARS seem to be prepping after a failed high and that bearish divergence. I’ve marked the 80 and 50, All I need is—Wait to see what happens next. Will her structures change or this is just a pull? Anything below the 50% answers that question.
The outcome is uncertain, but all we can do is manage risk.
Td54: NQ bulls have shown signs or weakness. A bearish DIVERGENCE is clearly visible. I’ve marked the 50 and 80 respectively to see if she continues the UPTREND or we settle for them BEARS. Some might call it “OVER BOUGHT” but I’ll like to see a change first before anything.
Hello traders. I think the Nasdaq will move up from the support areas identified.
Nas 100 ** PRICE ACTION PERSPECTIVE ** expecting a slight correction after it showed a shift in market structure rsi showed bullish divergence on the 4h and now trading well above 50ema rsi also showed a break above 50pt indicating market has short term bullish momentun would love to see price retrace back to a 61.8% fib for a buy note pls check eco calendar...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . From a weekly perspective, the Nasdaq in my opinion looks extremely bullish. We just created a double bottom with a break above the neckline and last week we already started the continuation towards the upside. We are also having a bullish weekly ema crossover, all things...
On March 7th we have the Fed Chair Powell Testimony, that could reveal that the FOMC is going to hike the interest rates for a longer period of time, and maybe give us a clue if it`s the case for a 50bps increase after the next meeting. On March 10th we have the Non Farm Payrolls and Unemployment Rate that could also fuel a potential 50bps hike if they come better...
Td53: The thing about NQ is: Before any reversal or pull, A divergence pops up. Could be HIDDEN or very VISIBLE but there’s always one. So, currently there’s more bulls and a LH but she’s has reached a MAX (rsi) It’s a tricky one. In this situation, You wait till there’s a break.
The price took liquidity from the Asian high and reached a valid supply zone. I am waiting for the price to make me a CHoCH in low TF to take shorts.