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Hello Traders & Investors, here is my analysis for the NASDAQ , let me know in the comment section below if you have any questions
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hello guys , as per my previous analysis the market had break the bullish structure , and we achieved the target(you can follow & see my previous analysis) now after this great impulse I am looking for correction. I have marked the area from there I'm looking for good opportunity to go forward.
Thank You ,
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The NASDAQ 100 Index printed a firm bullish candlestick which ended the week just a fraction below its record high price. Since the coronavirus crash of 2020, this major U.S. equity index has more than doubled in value, which is an excellent return over barely seventeen months. The NASDAQ 100 Index remains a buy.
After the pitchfork was broken, the rocket climb accelerated
The Nasdaq 100 index is one of the most heavily traded exchanges in the world, and is favored by traders who want to trade the big swings of some of the biggest companies by market capitalization.
Trading the Nasdaq is unique from trading other exchanges and stocks, as it can be very volatile and...
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Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
As per my previous nasdaq reached all target,
Now we are expecting for some days consolidation between 15120- 14600
if any break out then i will update here..
this consolidation might go till august end
My forecast for the up coming week.
With the week filled with tech earning releases from Monday to Friday. This is my idea on the Nasdaq100. Hopefully Chart respects Technicals put into place.
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Cycles can be identified by a curved rise, then a large pullback back to the average, dipping below the average, reclaiming the average, then dipping below again, and then reclaiming, then the next cycle begins
Cycle 3 in progress
Jump on the train while its hot "roaring 20s"
Looking for the 11000% increase before the fall occurs
Purgatory possibility is there...
14640 now major cycle support
if suppose close below or break with volume then we can see further fall till 14150
as per my previous view 1000 points rally made, so any profit booking in inevitable
till august end buy on dip is good.
16/07/2021 astro wise pressure date.