Hi Guys, Today I feel we will get some more bearish momentum. A break at 12229 we can seen NAS go to the next target 12098 and a break here would bring it down to anywhere between 12098-11786. As for the bulls if we fail to break and go back into the channel we can see bulls coming in taking the price back to 12476, A break there we can go back to 11667.
Theres a few "brekers" the lowest being at 12528. The liquidity run gave the go to trade short. Target 1 would be the next nears low. If you want to hang on or take percentages of profits and aim for lower lows would be another strategy. I'm just giving something I see that should be an easY 20 point tick short. Once it hits the order block there will be a bit...
Reached strong level it will respect it and go down
NAS100 Analysis In line with my previous post, We are waiting for a break of the triangle, If the triangle break up then our target will be 12099, A break out this key line we can see bulls come right in taking nas anywhere between 12099-12398. However a break of the downside of 11821 then we can see it come down to 11610 or 11507. Be be advised it will use minor...
HI Guys, Hope you all had a good trading day yesterday. I will be releasing my daily analysis very soon. Firstly id like you to see what is happening in the daily. It is important to see what is happening in the higher timeframe to be able to execute on the lower timeframes. We have a triangle that has formed and its been respecting this triangle very nicely. We...
NAS100 Analysis Will we break 12110 today to bring the bulls right back in?. or break through 11901for a bearish momentum. If we do break 12110 then next target will be 12259, as for the bears 11900-11653. It may come down to find support before going back up. You must understand how to use support and resistance to be able to profit from these analysis. These...
Wow what a day it was slow day and at the end it came flying down!! Great day!!
NASDAQ Analysis HI Guys. We are still consolidating on nasdaq. We really need a break soon to know exactly where this is going. I am very inclined towards the sell but anything can happen when market is consolidating. We are still at a crucial point on the daily where is may even break out the triangle and go for new highs. Or it may fail and we may see some...
I'm waiting for a solid decline over here on the Nas100! If you think I'm wrong please advise on the comments below I would love to hear from you guys. Either way let's await a confirmation! NB**Please don't take my opinion as financial advice. If you do so, it's in your own discretion.***
After 1000 points drop from 12.500 top to 11.500, Nasdaq recovered some of the sosses and is trading at the time of writing above 12k figure (12040) I expect a new leg down from the technology index and a new drop to at least 11500 A drop under 11900-12k zone would confirm this outlook and a rise above 12250 would negate it
This is what I am looking at today, if it doesn't play out, I will look for another entry point.
HI Guys, The market is still in the uptrend and is currently in a consolidation. Today we will hopefully either get a break of 11987 to reach 12127 or we will get a break down out of the trend at 11800 to reach 11705-11585
NAS100 Analysis Nas100 currently in a uptrend on the 45min chart. However for the bulls to continue, we need a break of 12000. A rejection at that point will mean we will see bears coming in and breaking out the trend and creating a new downward trend taking it anywhere between 11800- 11586.
It seems that the market has made a big channel that we are waiting to break to the level I marked on the chart with a strong push then we can enter the downward trend and make a good profit Happy Pips Good Luck :)
In my weekend comment, I said that I'm bearish Nasdaq and I expect a drop sooner rather than later, and looking at the daily chart after yesterday's vaccine news I become more bearish. After the hanging mean which concluded last week's run, yesterday we have a very aggressive reversal day that engulfs all Friday's rise and this for me is a clear signal that bulls...