#NASDAQ Looking for Buy trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
Nasdaq 100 Scenario a) Considering the macro trend with a minimum point of 6.6k (COVID crisis March 2020). The descent continues to the support of 12k and the price at that point exactly at the 50% Fibonacci extension resumes its altitude towards the high of 17k / 20k / 25k
After it has risen from the upper edge of the orange zone between 12722 and 13948 points, Nasdaq is currently snaking along below the resistance line at 15152 points. However, it should soon surmount this mark and thus gain power for a continued upwards movement, which should lead the tech-index above 16569 points. Still, as long as Nasdaq keeps up its snake moves...
Looking at the bigger timeframes (TF) Nasdaq looks like it broke the downtrend starting the movement to the upside. Confluences: 1- MACD giving buys signals 2- Moving averages about to cross to the up side (4H) 3- Price is currently at 0.38 fib level (daily) which for me indicates the end of retracement.
Nasdaq has been tap-dancing along the upper edge of the orange zone between 13948 and 12722 points and has just finished this interlude with two hops up in the direction of the resistance line at 15152 points. As long as it has not jumped above this line, though, we expect the tech-index to return into the orange zone to complete wave C in green – ideally just...
If you look closely the reversal candlesticks on the H4 TF is confirmed and the momentum of the bulls are high. Potential bull setup..trade safe and be blessed..
After the biggest correction since March 2020, investors are buying the dip on the main indices. Nasdaq 100 is the best US index in terms of long-term performance and drawdown. We are in oversold territory in all the main indicators such as the RSI, MACD... We are not safe yet, and a bigger correction may occur. If we lose the support line of this week (13700), we...
Of course, there is also the bullish, new ATH scenario, but this, in my opinion, is the less probable of them all. So, after breaking under 15500 support, Nas100 fell strongly and reached my target at 14k (I went lower, but who counts). Now the index is in consolidation and loss digesting. I consider 3 scenarios for down continuation: 1. Nasdaq will drop...
Here is an interesting perspective - if you're familiar with pitchforks and parallel channels and how to appropriately use them, here I'm using the similar knowledge of that mixed with parallel channels to create this. Pay close attention to the circles and how many times it entered that channel and broke out. A trading channel is drawn using parallel lines that...
Last week, after breaking under important 15500 support, I said that I expect Nas100 to fall to the 14k zone. The drop happened very quickly and even exceeded my target with a low of around 13.500. Now the index is in a normal recovery and this can provide bears a good opportunity to enter the market. My sell zone is 14.500-15k and only a daily close above 15k...
nasdaq long . end down trend + Hammer + big volume
Previous idea: Outcome: Nas100 closed in green, Dow made a sunning come back. Stocks are picking up. The time for the promised land has arrived. Nas100 got blocked at 78.60% Fibonacci level. If it crawl back there unless to mitigate some orders. My expectations are to see some consolidations around 14500 and 14800 before Nas100 skyrocket. And where to from...
This is just my perspective on how NASDAQ will move in the coming days. This is purely based on the area of the confluence trap, Demand, and supply.
---- Hello everyone, today I wanna share something about US100. If you look the best upper movement since september 2020, you should notice the elliot wave correction like what i draw. It looks bad i think... Market makers and other circumstances don't wanna make christmas terrible so the danger will be playing early 2022. B wave should breake the resistance and...
Hello, Traders Here is a full analysis of #NAS100 that Makes a strong Buy Trade Scenario. Nice Trade For Long #NAS100 Compulsory Going to Up. Thank you Traders for your support like and follow.
Give it up for Nasdaq! So far, he has been very well-behaved and has hewn to our forecast. He has let go and fell into the soft green meadow between 15295 and 14841 points. Among this lush pasture, it should finish wave 4 in lime-green and make use of the renewed updraft. We expect the index to turn around before touching the bottom of the green area and to float...
Nas100 might find strong support around 15600 and bounce up. Hello traders, it shouldn't surprise us to see Nas100 falling with at least 1.7% during New York session today, as we know this is a volatile market. But here is my thought. Last week we saw a strong move to the downside that eventually made a fake breakout through the diagonal support of the HTF...
After it has been heading for it for a while now, we expect the tech-index to dip into the green area between 14841 and 15295 points. There, it should finish wave in blue and the superordinate wave 4 in green respectively. Then, the index should be ready to rise again, aiming for the resistance at 16768 points and further still.