Alphabet Inc (Google) peaked in November 2021... With one last hurray in January 2022 that wicked higher. The All Time High came in January this year but only by a wick as the weekly candle closed much lower. We have a year long downtrend already. Time does fly by when one is not paying attention. We opened this chart out of curiosity. Since the Nasdaq100...
AMZN Enjoyed a massive bull market for more than 20 years until April 2022 when this massive uptrend failed. The uptrend ended and the bear market has been fully confirmed. Now, how much lower can it go? Mid-term (1-3 months) we are seeing the 72-68 range as the next and main support target. By June/July next year (2023), it can go as low as 41, depending on...
US100 broke structure upwards and there are still imbalances that need to be filled upwards. So I think that it might retrace to the price above which it broke structure, that is around 1162 - 1160 and buy off from there at least up to the current highs at 11826 where a run on engineered liquidity might happen. NOTE: THIS SETUP DOESN'T GUARANTEE PRICE MOVEMENT....
If Santa fulfills our wishlist this year, Nasdaq should sink into the orange target zone to hit the bottom of the orange wave ii, before heading back North to surpass the resistance at 12 145 points and continue the upwards slope. Should Nasdaq carry on with the downward trend and cross the support line at 10 636 points, it would activate our alternative scenario,...
Trust day 2: Nasdaq100 hasn't done much since I posted the last chart. The lady is still contemplating on where to move to. My bias is still bearish considering the fact that she hasn't broken past the previous HH yet or no HL in sight yet. Let's see what she does.. December: 3Ws 1L (4 trades)
We have a downtrend within a downtrend, the inception of bearish signals. The NDX printed a shooting star candlestick yesterday as a rejection from EMA10. The RSI has gone bearish and the QStick indicator as well. The feeling is that it should be mild yet, we are seeing a strong crash ahead. Maybe even a 10 percent drop in a matter of days. Just hoping that we...
QQQ Weekly Volatility Analysis 12-16 Dec 2022 We can see that currently the implied volatility for this week is around 3.44%, down from 3.62% from last week according to DVOL data With this in mind, currently from ATR point of view we are located in the 79th percentile, while according to VXN, we are on 40th percentile. Based on this, we can expect that the...
Hello traders, This is an update of previous analysis (blow link), Everything is clear on the chart for you like always. The market in trading range zone for now and I think it's better to wait for the breakout up or down, although breakout from the bottom is more likely. So monitor the price's action in the circle and find the signal to enter. Good luck. If you...
A new week in Nasdaq100 and I believe the lady is still in a "downtrend range".. Lets call "11720" the 50%. This means above it is "bullish" and below it is "bearish". The lady is below it with a BED, Lhs and Lls. There's also a DT visible. my bias would be bearish till a break past that 50%. Excited for this week's lessons.. December: 3Ws 1L (4 trades)
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...
NAS100 NQ1! NASDAQ 2022 Dec 12 NQ was resisted at 12140, so scenario2 short worked well. I will be off trading to enjoy the holiday season, hope you get some rest and refreshing for this season as well. Repeating again that volume is expected to remain thin, it will be cheaper to whipsaw the market. Speaking plainly, its means it will be a lot easier for...
VIX - Quite worry on this VIX double bottom here cause it will rebound higher if CPI is bad. Coming CPI forecast at 7.3% might be little too over confident as previous is only 7.7%. If is below 7.3% definitely a Christmas rally will spark off. Let's pray for this. How about the audience thoughts? Free to comment & share.
The final day of the week in Nasdaq100. Lady nsq is now in a mini uptrend. I call it mini cos' it's not a mature one. However, it's got Hhs and Hls. My bias will be in line with the current trend always till there's a change. Have fun!.. December: 3Ws (3 trades)
TODAY’S MARKET IDEA: NASDAQ Index (US 100) Commentary: Global risk appetite could be finding support from the easing of the China COVID restrictions, reduced energy supply risk, and slower pace of US interest rate outlook. NASDAQ 100 Index: (4 hour chart) current price trading within an upward sloping price channel; MACD is above its signal line (bullish);...
Expecting price to retest the 11576 area and continue bullish around the 11800 level.
The lady Nasdaq100 is still in a downtrend. Just that this time, there's a BUD. That bud could mean a pull or a reversal. Lhs and Lls still very visible. My bias remains bearish til I get a change. Have fun y'all. Reading my "trust" mantras again and again.. December: 3Ws (3 trades)
Nas100 has created a bearish structure to the downside on the 4H timeframe.