Nasdaq is in an open bullish channel over the next 5 and 10 years. As long as the price stays above the middle line of the channel, the positive outlook continues, but below the middle line means that the index has become too cheap. If it goes above the upper line, it indicates the overbought state of the index.
Happy New Year TRADERS. So, The lady NASDAQ100 won't be open for monday because it's a new year. However, I made my usually markings on the chart to assist you on what my view will be. I have two levels: 11,000 and 10800. There's a BULLISH DIVERGENCE and HIGHER-LOW that has been created which screams BULLISH. But, the over-all vibe is BEARISH. These levels come to...
i draw this chart on my understanding of SMC and ICT ...
NQ1! NAS100 NASDAQ 2023 JAN 01 Welcome to 2023! Have an abundant and successful year! Possible scenarios: 1) Rotation zone 12140 - 10710: Trades can be executed at boundary of range. Although not expected to happen, still keeping the breakdown / breakout scenario for future reference: 2) Breakdown scenario if redistribution schematic is fulfilled = Short...
After a late bullish rally on Friday afternoon, I expect to see Nas have a chaotic morning followed by a stronger push to the upside. I will be looking for entries around 10775 with stops around 10660 and would like to see this go to 11300!
My FOREX TRADING journey so far must be one for the books. Made MONEY, Lost money. Made friends; Lost them. This scale is never certain. One thing’s for sure though, I have the MARKET and she’s going to be here for a long time. She goes nowhere—It’s both of us for life! Here's a history for the month of December. It's been a tough process but a good one as well....
buy above 11k for a trip to 11,4, after that we might break the support and go even lower
A repetitive phenomenon in the Forex markets is the price acceleration and deceleration. It is very common that you see the price trend starts suddenly to accelerate and the upward wave gets sharper and steeper, especially in times of speculative bubbles. P.S. i dont say that will happen tomorrow but you have to be very careful now
Td14: It's day 14 today and the trust experience has been a tough one. I've watched these TRADE SETUPS play out and I've realized how imperfect this market is. NASDAQ100 today is in a DOWNTREND-RANGE. The BEARS are still around but the BULLS stay surprising us. Can't decide but I just have to stick with the TREND and STRUCTURE. December: 4Ws 6Ls (10 trades) BULLS...
Hey Guys. It's the last days of the Month for us. I just made this video explaining yesterday's trade and basically documenting it. Learnt a whole lot this year. Have you?
CHoCH and BoS detected on the 1H timefrime NAS100, stoploss and target levels set by fib extension levels.
Td 13: NASDAQ100 today. Hmm, The BEARS seem to be dominating. Lhs and Lls plus a slight Bulish Divergence (usually just a pullback or reversal). Still an obvious downtrend so I'll be sticking with the sells regardless. Anyway, Let's see what she does today. December: 4Ws 6Ls (10 trades)
I don´t like what I see on monthly basis and so am I still bearish for 2023. We have seen a turbulent 2022 and big tech companies have lost more than 50% ytd. Following the trend line from 2009 on, I would say it is not a surreal idea of the NASDAQ going back to 7000 pts. the chart, history, indicators and current economic global situation is providing good...
we can entre Long here and follow this trend in the Low time frame in 15M
In this video, we'll talk about the US100 key levels of support and resistance, the overall trend, and a possible trade opportunity NASDAQ. Please keep in mind that the information in the video is not to be used as financial advice.
Hey guys. In today's video I'll be explaining the constant patterns I see in my losses. As y'all know, I've had a losing streak for December and in this video, I'll be explaining how that has affected my account and what corrections I might have to make. Enjoy! Be sure to boost the channel by smashing the like button, Following me and leaving a comment.
Here are my core channels and trendlines. NASDAQ looks to be losing support of the blue channel. If so, I see 2 support trend lines: green line around 9500 and the red line around 8750. If we see the same abc correction wave from earlier this year, that will put us right at 8750 and the red trend line.
As company earnings decline and forward guidance becomes pessimistic, Nasdaq 100 has room to go back to 9000-8700. Big tech companies have already started reducing their workforce, and more layoffs may come next year. The 200ma offered support after the first leg down, but now it looks like it might give way. RSI and stochastic are bearish. Now is a good time to...