IT stocks are majorly dependent on US market and Nasdaq plays a major role in movement of IT index, so thought to have a look on NDX and the pattern it looking is pretty bearish. Though index is trading at support but if this index failed to hold level then we may see good selling pressure. currently there are 3 negative patterns the index is in. 1. Inverted...
NASDAQ100 equal Bitcoin equal NASDAQ equal BTC 👀👀 Both assets at the important FIB golden pocket on the 12 hourly chart🚨 Will we see a support rejection soon dear Crypto Nation❓ Give ♥️ if you ♥️ Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Likes and Follow for updates appreciated🤗 Disclaimer: Not financial advice Do your own research before...
✅NAS100 will now make a pullback To retest the broken key level But the index is in the downtrend So I think it will keep falling SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Here we have us nas100 chart. This chart seems extremely bullish and has a significant ob on daily chart. We must see a trigger to enter...
if it doesn’t lose 11175 , it can be assume this move for long term , i see new floor is here
Maybe you hear about the 2008 market crash and none of us have good reputation of it but now in 2023 maybe we will go to face another same bearish signals and some how we should ready for another crash!!
Nasdaq Composite Index(IXIC); A strong continuation of technical downtrends on display in the daily time frame. Two technical patterns need to be observed in the daily chart. The bearish flag pattern outlined in blue and the long-term price channel developed during the Covid-19 pandemic both aligned with the 10353 support line, which could trigger a sell-off....
Hello,Traders! NASDAQ is trading in a downtrend And after the retest of the falling Trend-line the price broke a key Support level which reinforces Our bearish biased and we are Inclined to expect a move down Towards the support level below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
The U.S. Bureau of Labor Statistics will release Consumer Price Index (CPI) data for the month of November 2022 on December 13, 2022, at 8.30am ET. The rate of inflation is the most important data that will impact the Fed’s coming rate hike decision. The last price target was reached: Now looking at the QQQ options chain Ahead of the CPI Report, i would buy the...
NASDAQ:NDX Entered the BEARS and it is likely to reach 11222.8 Resistance before going up again. Mybe this time it will break out of this wedge.
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Nasdaq Index formed a huge head and shoulders pattern on a daily. Its neckline was broken yesterday and the market closed below that. It may initiate a bearish continuation. Next supports: 10900 / 10700 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Trust day 3: The Nasdaq100 went bearish to bullish after yesterday's failed Ll. Hls were formed and she ended up having, a BUD, Hl, and a broken Lh. My bias is bullish for today because the current structure has broken past the previous Hh (50%). December: 3Ws 1L (4 trades)
I'm still waiting to see nasdaq100 in 9000 at least. However near target is 10.000. To easy)))
In retrospective the exit zone above 12,230 was a strong spot to sell. We can see on this chart that the December top was the same parallel channel drawn down from April. I don't see this channel continuing forward, however I do see us entering under 11,000 shortly.
$DJI distribution continues Party over for $NDX Technically, NO PUN INTENDED, never really had one $QQQ also shows distribution
Downward Trend should continue for the short term. Rebalancing takes affect on December 19, 2022. RSI has remained below 50 as well.