True analysis. Tast's an update. Based on my analysis on the NASDAQ on Aug 3 this index goes up.
Happy Midweek, Happy CPI Day, As mentioned in the analysis yesterday, bears did try to bring NDX below 13k. Bulls have bearly (barely 😇) managed to push it back > 13k. Line in the sand today is 13070 for NQ_F Macro: US CPI Buy Break: 13060 13180 13265 13325 Reversal: 12995 12930 12850 12790 12720 12940 Sell Break: 13010 13945 13875 13800...
Reason to enter sell 1. desc trendline 2. daily supply zone 3. weekly resistance 4. confluence trendline, resistance & supply zone max target with fib expansion
5th & 8th August daily two key reversal bars consecutively formed , made a new highs and closed towards the low. might be possible price may jump more upside to catch stop losses of retails traders. so use low trade size and wider stop loss. 13530 supply zone above key reversal bars which may test before fall. i took short trade with low risk, will add more if...
Happy New Week, Happy Monday, Nothing significant on economic calendar today. With academic vacation & summer in full swing, markets may range unless some geopolitical development happens. Line in the sand is 13180 Buy Break: 13260, 13350, 13420 Reversal: 13170, 13110, 13040, 13900, 12820 Sell Break: 13180, 13120, 13050 Reversal: 13300,...
How many push-ups can you do? Nasdaq has accomplished several push-ups during the last weeks, and it should keep up this good work. We expect the tech-index to rise into the upper yellow zone between 14044 and 14798 points, where it should finish wave (3) in yellow. Afterwards, it should start a countermovement into the lower yellow zone between 13579 and 13058...
Happy Thursday & Happy BOE day Momentum is bullish. We trade candles and not predictions. It doesn't matter what economic outlook is bearish if the Mr.market wants to go up. 13200 is our pivotal line in the sand. Buy above and sell below to get rich slowly. Macro: ECB Elderson Speech, GB BOE (everything), US Trade Balance, Jobless Claims, Fed's Mester...
Now might be good idea to take profits.. and if it dropped for correction the next long entry would be around $12300 🚩 Bullish above $13212 bearish below. Reminder: Don't get trapped or misleaded by news charts don't lie 👇
Alert, Be aware, be alert Be aware, that I don't think this is the beginning of the correction that I said in the previous analysis. Now, by further analyzing the chart, my opinion is that the price will reach a new top in this time frame and then it will start correcting the price. I will update the chart again in the future.
*** Tradingview has hidden my analysis for August 1, 2022 because it contained a link to my twitter profile. *** This is likely to be relatively quiet day unless some news appears. Europe is on vacation & US is slow. Resulting in low volumes and jumpy ticks. Even with yesterday's candle, the bulls are firmly in-charge. As far as 12265 is maintained, it can go on...
Happy Friday & Happy End of the Month Day NASDAQ is firmly in a position to continue rally provided it continues to HH/HL above 13050 The point to note is that this is the last trading day of July 2022 Macro: Core PCE, PI + PS, Chicago PMI & Michigan CSI Buy Break: 12950, 13050,13110 Reversal: 12770, 12670, 12590, 12430, 12270 Sell Break: 12800,...
In the daily frame, I expect a correction til the white box and then probably have an upward movement towards the blue box. Considering the conditions of this week, it is better not to go further than this.
Happy GDP Day NASDAQ has turned bullish in the short term. However, it needs to keep moving above 12530 and then break 12590, 12670 to confirm the bias Macro: Personal consumption expenditure, GDP, jobless claims Blue levels B & C are largely in play. Buy Break: 12550, 12590, 12670, 12800 Reversal: 12420, 12380, 12280, 12200 Sell Break: 12480,...
My Idea For Nasdaq We are looking for Long from 1H POI Our Entry will be from Lower time frame POI for confirmation If you like my analysis support me with likes ❤️
NASDAQ is likely to range between Blue zone B & D waiting for FOMC tomorrow. Macro: Housing price index, consumer confidence, new home sales (all before market open) Looking for #scalper #trade #setups only Blue zone B, C, D are in play Buy Break: 12375, 12480, 12590 Reversal: 12220, 12100, 12060, 11990, 11800 Sell Break: 12220, 12130, 12050, 11990,...
Opportunity to Buy. This is an analysis based on price action and wave analyses. The price goes up on Daily and breaks the trend-line, and pulls back approximately happen; It has an excellent chance to buy till the top up to the targets specified in the chart.
As I told in the last analysis for Nasdaq prices went down .you can see the update in this chart analysis.