The price seems to be in bullish momentum. The price is near major resistance levels. If the resistance is broken, the new projected price could be around 13600.
Currently, the price action is in a major resistance zone. Take your position accordingly.
In the coming months, I expect the following catalysts
1. Oil coming down, already there are discussions about removing Russia from OPEC
2. 10 Yr coming down, currently forming an H&S
3. FED adopt a more conservative strategy for interest rates going into 2023
4. Massive short squeeze on tech, High short interest rate there!
5. Rotation from oil to tech
45% are...
On the 4h chart, with a Double Bottom pattern and the Parabolic SAR buy signal, my prediction is that Nas100 might keep its bullish trend and the confirmation to Buy should be around 13287.1.
Price might retrace on the buy confirmation zone before it continues its bullish trend.
TP1: 13551.40
TP2: 13770.60
NOTE: Watch carefully because price can be affected in...
The long term picture of the fate of the Nasdaq is starting to take shape in a predictable manner.
Alternation in Waves 2 and 4 gives me all the clues I need to proceed.
Wave 2 wave expanded with a sharp correction.
Wave 4 should be shallow sideways.
Depending on where Wave E lands this will probably terminate at 20,000.
Wave E might also find support...
As can be seen on chart Gaussian alligator can be seen to be opening bearishly on the weekly chart, with a possible rejection at the top of the ichimoku cloud, it may seem bullish at the moment but in fact this is very bearish. Short at your own risk, big players tend to take out shorts.
We have a rising trend, Stochastic in the correct range to open a positivity on the NASDAQ, Ichimoku indicator supports further long-term gains, and if we finish a green week it is a positive sign after the star-candle
This is a signal using Spectro™ M
The blue background means a reversal zone.
Now it turned green, which means a bullish trend is beginning.
Also, we see many of those "GREEN TRIANGLES" which mean that Spectro™ M confirmed a consensus on more than 20 indicators.
So after this long downtrend and since we are close to a strong support around 32.5, those are 3...
Nasdaq has been in consolidation since start of the second week of this month. 7000 is the strong resistance and 6800 is strong support for this month. NDX is trying to break the 7000 and this rising wedge pattern is giving us the confirmation of bullishness. Break and sustain above 7000 will lead to 7200-7400 and to other hand break and suatin below 6800 will...
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Tengri Traders vision concerning NASDAQ.
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As we all know, inside bars suggests a continuation of the trend or a reversal of it when forming on notable resistances/supports,
USTEC has continued its journey to the moon after the recent huge decline. Buying a stock after reaching an all-time high, after retracements, is alright. I've been holding two long positions for the past weeks with an open TP, and I...
![VLKAY: [VW 10% LONG] Buy Alert w/ Spectro™ M](https://s3.tradingview.com/u/URIgvI0T_mid.png "[VW 10% LONG] Buy Alert w/ Spectro™ M")
