Nas100 is at a strong resistance and also tapped into the 4H supply zone and making rejection. What i'm looking for on this pair is to break 1H sub-structure then find entry on the retracement and then take down to the higher timeframe structure lows at 11k region. a possible 1000 pip swing to downside is looking very likely given fundamentals and technicals....
Nasdaq (NDX) hit yesterday its 1D MA50 (blue trend-line) for the first time since April 21 on a near June 27 High test, which is the current Resistance. We are basically expanding on our idea posted 3 weeks ago: It may have taken a little longer, but the price resumed the rebound it has been making since the June 16 bottom, which is exactly when we posted the...
Hello traders, today I am gonna share a NASDAQ update with you guys. This is my first ever update on NASDAQ and I am super excited to share this valuable information with you all. Timeframe: 1 Day. Description: Nasdaq is the second-largest stock exchange in the world. Nasdaq, which is an acronym for the National Association of Securities Dealers Automatic...
hellow fellow traders. hope you guys are having a splendid journey thus far. for those of you who were eager to see new ideas from me, i apologise for the wait, i was busy with my private students, however im back for this 3rd qauter, if you want to know more about my course leave a comment below. so far as we all know i have been 90% bearish on nas for the swing...
Nasdaq (NDX) continues to trade within the long-term Channel Down that has helped us identify the trend and take low risk/ high reward trades over the past few months. Our position hasn't changed since our previous update 10 days ago: The bottom and new Lower Low of the Channel was correctly spotted, and now the price is about to test the critical 1D MA50...
According to The Illiote Stock Market's continued decline , we have no signs of rising right now .
Our last analysis on Nasdaq (NDX) 10 days ago, came with a warning that as long as the 1D MA100 (green trend-line) and the Lower Highs trend-line of the long-term Channel Down held, the trend was bearish towards the 11500 Support: As you see the 11500 target was eventually hit, and with the Fed making an interest rate raise yesterday of 0.75% (the biggest...
I'll be focusing to buy as long as the price is above 11,093 - and not taking the risk to buy below it for now.
NAS100 seem to be aiming to retest the breakout that took place at level 12327.7 on the 27 May 22. If you look, you will see that the market was moving on a channel for some time before a breakout and the price never had a retest after that and now we are seeing the market coming back to that level. If the price is to just do a retest, we will see the price...
After some anxiety among investors regarding increased CPI for May, NASDAQ experienced some drop down in price, mostly led by mega-cap growth stocks like Apple Inc and Amazon.com Inc. On the technical perspective, USTECH100 is breaking the support of descending triangle, which is a signal for bearish movement, confirmed as well from both MACD and RSI indicators....
NASDAQ previously took string support from 50% retracement level on Fibonacci channel. Now, NASDAQ has been trading from last months in this Downward Parallel Channel and testing the Middle trendline of Channel. If it manages to break this line with good volumes and a decent candle, then strong upside is expected to 12500 levels. Strong Buy Zone is from...
Nasdaq (NDX) has been trading sideways since May 30. The 1D MA50 (blue trend-line) is right above with the 1D MA100 (green trend-line) being roughly around the Lower Highs (top) trend-line of the Channel Down. Based on our previous analysis 2 weeks ago, the index was on a W pattern aiming at the Resistance as part of the Lower Highs formation: So far so good...
for today im looking for a retracement to the support levels i outlined on the weekend. sells for now.
Nas 100 has breakout of the inner trendline. this may give opportunity for the bull to push up if bears are no-longer strong. we are yet to see because anything can happen in the market. This is my daily analysis.
NDX just hit and bounced off a major support level. Over the last 18 years, as shown in the chart, this support level has proven to be a historical pivot point for the Nasdaq index. As per the attached chart image, every time the index hit this support level (150 MA on weekly candles), it has bounced off the moving average, and reversed into either short term or...
so on the h4 timeframe we see a clear impulse to the upside breaking previous swing high. now we anticipate upmoves. see scenarios 1 and 2.
Nasdaq (NDX) has been trading within a Channel Down since its All Time High in late November. The 1D RSI has turned sideways since April 26 and that resembles the flat period of February 01 - March 14. That was a W formation that rebounded and reached the overhead Resistance upon its completion. We may form a similar W pattern again with the Resistance this time...
As I analysed this morning price did come to 11687 area where it couldn't break and bounced back up going to 12132 area. Here price maybe be respected which can result in price being pushed back down to 11687 area which if broken can go down further. I think the next 4 hour candle will close above the centre line and the next 4 hour we may see price coming back...