This has the same look as the SP500, not surprisingly - and for the same reasons. SHORT either one, or both, as it is a little difference without a distinction. Incidentally, the DJIA is likely to go last but do the worst. Again, little difference without distinction.
Nasdaq's daily outlook is pretty straightfoward. Currently trading in an ascending channel. Watch for the bottom bound of channel for reversal patterns for a long. Watch for a breakout of the bottom bound, as well as a daily candle close outside of the bottom bound. At this point analysis turns bearish. with reversal targets at previous resistance levels.
Yesterday I said to buy at 12575, today there could be another entry between 12631 and 12575. The highlighted green demand zone is just in case if the market suddenly crashed, there will be great opportunity to buy. -- This idea is based on my technical analysis only. Do your research and trade on your own risk!
CURRENCYCOM:US100 S/L 12606.8 - T/P1 12964.9 - T/P2 13230.0 - T/P3 13544.3
nasdaq created a new high which i really can’t tell if it has stopped but once i get a new high, i can wait for three types of pullbacks as usual. first a small pull a break of the 78% - 61% and brc second a medium pull a break of 61% - 50% and brc too. lastly, the large pull which is a break of the 50% - 38%. Note: at every pull there can be a bounce of that...
NASDAQ is an uptrend but due to the U.S. Election use proper risk management
Nasdaq 100 - 4h analysis Resistance Levels: 12041.1, 12260, 12463.1 Support Levels: 11776, 11442.2, 11200 #JustTradeFxOnline Thanks for your love and support. Don’t forget to like and comment for more.
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Nasdaq could not break our resistance area at 12188.7 that area was tested three times and after that it formed a doji candlestick telling us that the market has change direction and sellers are in control now
NQ1! ... just follow the arrows!
We (and you??) have been short this thing since 11500. See this post: and this post: This is just a reminder where we are going and to look for fresh SHORT Entries.
maybe ^^
Many people messaged me they got caught out on buy trades last week because they completely missed this area of resistance. This is a very key resistance area we need to watch out for. We need a break from this area for the continuation of the bulls
You know what to do! (You should be already long here... - see previous posts - ... but only briefly.)
What this is: This is a Tutorial / compilation of my recent posts, from my TradingView page. (All very recent as I have only started posting 2 weeks ago.) Why this is: a) - I am posting this "Tutorial" / Trade Analysis upon numerous - and very persistent :-) requests; b) - I seldom trade the Nasdaq (or equities), simply because usually there is more money to...
Up close and personal - the 2 hr. chart. (You should be Long here!) Important: See the attached - original - charts!