Nasdaq (NDX) has been trading sideways since November 10, with the 1D MA50 (blue trend-line) as Support and the 1D MA100 (green trend-line) as Resistance. On a wide scale, this technically looks like the previous two market tops on the January 05 Lower Highs trend-line, and the 1D RSI illustrates that clearly. However, the Jul 19 - 28 consolidation within the 1D...
Hello guys, When I post stuff here, these are not just ideas, I actually trade like this. So let's get started: Had a brilliant week trading last week so this week what I am looking at is this big R1 level. It is important for nasdaq to go past this level in order to see any sort of an uptrend confirmation. We saw on Friday, how hard the dollar was hanging...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Nasdaq (NDX) has been trading sideways since November 10, with the 1D MA50 (blue trend-line) as Support and the 1D MA100 (green trend-line) as Resistance. On a wide scale, this technically looks like the previous two market tops on the January 05 Lower Highs trend-line, and the 1D RSI illustrates that clearly. However, the Jul 19 - 28 consolidation within the 1D...
Nasdaq (NDX) completed its short-term technical pull-back, as it held the 1D MA50 (blue trend-line) after it was rejected on the 1D MA100 (green trend-line). This doesn't change our outlook presented two weeks ago: This profit-taking retracement was part of the greater plan, as the index remains within the tolerance levels of the previous counter-trend...
Nasdaq is currently taking baby steps along the orange target zone between 11 809 and 11 463 points and is expected to move out of the orange zone to climb right into the blue target zone. Moving further North, the blue wave (iii) should be completed in the blue zone between 12 657 and 13 429 points before pushing the course back South. After that minor...
Welcome to the BasicTrading channel. My name is Philip and in todays analysis I quickly go over the situation which we currently have on Nas100. I will analyse the asset both from a weekly and daily timeframe to show you the best possible trading opportunities. If you enjoyed this analysis, let me know in the comment section which asset I should analyse...
Nasdaq (NDX) is on a short-term technical pull-back after it was rejected on the 1D MA100 (green trend-line). This doesn't change our outlook presented last week: This profit-taking retracement is part of the greater plan, as the index remains within the tolerance levels of the previous counter-trend rebounds of the 2022 Bear Cycle, all of whom hit the Lower...
The Nasdaq index (NDX) is making its reversal as following the much lower than expected U.S. CPI report (fell to 7.7% from 8.2% the previous month), it posted the strongest 1 day rise of the year and broke above its 1D MA50 (blue trend-line) for the first time since September 13 (two months). The news that the Fed's approach has started to decrease inflation and...
The price has been forming a falling channel for the past few weeks. I anticipate that the price might continue with the bullish run, touching the upper trend line of the channel. My position will be at 11040, as I am using the pullback strategy to enter my positions hence it will be above the highest high formed. My targets are 11180, 11320 and 11460 thus my...
A long term trend line has been touched on the Nasdaq Composite This has been seen as a point of great support extending all the way back to the 1980's Price will likely bounce off this line and continue upwards This is an addition to chart below, providing support
Nasdaq (NDX) is pulling-back following the Fed's +0.75% Rate Hike and a rejection on Tuesday on the 1D MA50 (blue trend-line). With the help of the RSI on the 1D time-frame, we can see that so far the whole bearish sequence since the August 16 High, is very similar to the bearish sequence that followed after the March 30 High. A striking similarity is that both...
Just a few days following our last analysis, the Nasdaq Index (NDX) broke above its 4H MA200 (orange trend-line) for the first time since August 26: As mentioned then, the factor that made the difference in our decision to call for a buy was the RSI Bullish Divergence on the 1D time-frame which has been trading on Higher Highs/ Higher Lows (Channel Up) since...
The Nasdaq Index (NDX) has been pulling-back since Tuesday's (Oct 18) Lower High and is once again on its 4H MA50 (blue trend-line). What can be the difference maker here is the RSI on the 1D time-frame which has been trading on Higher Highs/ Higher Lows (Channel Up) since October 03, while the actual price action has been on Lower Highs and Lower Lows (Channel...
nasdaq formed Bearish Gartlay Pattern on 1 Hour time frame.. not a financial advice
Nasdaq (NDX) is extending the Channel Down that started on the August 16 2022 High, making a Lower Low yesterday. With the assistance of the 1D RSI, we have spotted a recurring pattern that has already played out two times during this Bear Cycle since the start of the year and is currently forming the third one. As you see, every such Lower Low sequence, made a...
The Nas100 is at an important cross road after the close of the monthly candle of September 2022. The manner in which the monthly candle has closed may indicated that the Nas100 just gone from bull and now into an official bear market according to price behaviour. We can also see that price has created a change in market structure by means of a new low, which...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.