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.
Following a nearly -30% decline in the first half of the year, its worst start to a year ever, the NASDAQ 100 index has at least stabilized in the 11,000s this month. That fragile calm will be put to the test over the next couple of weeks as the heavily-weighted Big Tech stocks report earnings in the coming weeks (see my colleague Josh Warner’s full Big Tech...
Brand new day. It's "Wednesday" in Nasdaq100. Not the best days.. especially since the news mostly interupts. The lady is still in a downtrend-range. One that is filled with, Lhs and Lls. My bias remains bearish till a CIS (change in structure) which is: a break past Lhs and new Hhs/Hls are visible. Let the market decide, always!.. December: 2W (2 trades)
Markets are making more 52 week lows, which is not a good sign. Tomorrow is another day. I’m Expecting short-term digestion and then markets will catch the rally (not sure on new highs), but there will be pockets of FOMO. 2023 remains unchanged as inflation will remain high and very present with plenty of new IRS laws, earnings cuts and significant swings in the...
Nasdaq100 is now in a "Bearish range" one that consists of Lhs and an equal Ll. The lady can only continue the ride if Lls are broken and new Lhs are formed. However, since there's a little tension at the Ll area the bulls can still troop in. Today, my bias is in line with the current trend and that is: The bearish side. Let's see if I get a trigger...
It's another week in the Nasdaq100. The lady is still in a range.. a range that contains: double tops, Hls, and Lhs. She's in a tight spot. My bias is bullish only because of the dominant "trend" I'll only change that when I see a bearish build-up.. What's it going to be? December: 1W (1 trade)
NASDAQ - Intraday - We look to Buy at 11611 (stop at 11494) Buying pressure from 11726 resulted in all the initial daily selloff being recaptured. A Fibonacci confluence area is located at 12002. The bias remains mildly bullish but there is scope for a move in either direction at the open. Bespoke support is located at 11615. Our profit targets will be...
This is my view for this week on NASDAQ . I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me...
Nasdaq Weekly Volatility Analysis 5-9 Dec 2022 We can see that currently the implied volatility for this week is around 3.72%, down from 3.95% last week according to VXN data With this in mind, currently from ATR point of view we are located in the 74th percentile, while according to VXN, we are on 41th percentile. Based on this, we can expect that the current...
According to the OB marked with a black rectangle, I expect a sell position. Also there is a daily FTR here , This makes the expectation of selling stronger
Third touch along the lower trend line Suggesting this third touch will act as a support point and led to another run higher than the previous high we have seen Curved up channel drawn with the thick white line Attaching another analysis further showing this bull theory
Nasdaq 100 ETF continues to trend upwards with lower highs and higher highs, a major challenge ahead at 121.88 Thursday's price action failed to break 118.68 in the daily time frame, a crucial point (critical support/resistance) in June, July, and September 2022, as marked on the chart. Price closed as a Doji pattern, indicating indecision between the buyers...