I have been following this Falling Wedge pattern on Nasdaq (NDX) on the 1D time-frame for a month. My most recent post on this was the following: As the price almost reached the 0.236 Fibonacci retracement level, which is a symmetrical Support, it is time to update my outlook on the index. The 1D RSI made a bounce on its Higher Lows trend-line since January...
Hello traders, Happy to be back here after a short break. Let's start of with Nas100 as usual. Technically, we have seen significant developments the past couple of weeks. With U.S. stocks rising tremendously the past weeks due to the Federal Reserve approving to hike interest rate for the first time in more than three years since December 2018. Recently we saw...
Nasdaq (NDX)has is following exactly last week's suggested trading plan so far, as it pulled-back from the 1D MA200 (orange trend-line) and today reached the 1D MA50 (blue trend-line): This pull-back took place primarily because the index failed to break above the Lower Highs trend-line of the December 28 High and got rejected two times. So far, as I...
📉 NASDAQ/US100 - Market Analysis for the upcoming week. What do you think ? Comment below..
NASDAQ break the structure and now looking for a buy to target 15600. we have to manage risk, price can go into the opposite direction.
On my most recent Nasdaq analysis 2 weeks ago, I laid out the key pressure levels of the uptrend that started after the March 15 bottom: As you see, the index invalidated the Channel Down and by breaking above the 1D MA50 (blue trend-line), it naturally reached as high as the 1D MA200 (orange trend-line), which broke yesterday. However, it is clear that the...
We can see that a resistance of more than 10 years was broken, which would now be a strong support.
Nasdaq has been trading within a Channel Down since the January 24 Low. The index is approaching today the top (Lower Highs trend-line) of the Channel and will remain bearish, unless it breaks above the 1D MA50 (blue trend-line), which comfortably sits just above the top of the Channel. That should target the 1D MA200 (orange trend-line), which trends just below...
big opportunity to buy nasdaq use good risq managment
So it's a new week in Nasdaq and I can tell the bears are not done. we've got the market still struggling at the 13750/700 support level here on the 240. Guys I've got a theory and trading plan. it all depend on the opening a bearish opening leave room for speculations likewise a bullish. However, on the daily, we've got a cross where if the ears break, then...
Traders, due to the tension between Russia and Ukraine the stock market was left volatile the past days and without clear indication as to where it is heading. But looking at the technical aspect of Nas100 we can only tell that it is in a strong bearish momentum and bulls are finding it hard to push price further high. Price dropped at around 14400 and we see it...
Previously - Simple, we like to see price drop for us to add to our long positions Use our analysis as a sentiment Analysis is only 1 piece of the puzzle 🧩 Our analysis is a sentiment for the upcoming week, month. Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining. Trade this sentiment based off your own entry...
This is Nasdaq on the 1M time-frame since the recovery from the sub-prime mortgage crisis was set in motion in 2010. As shown, the index has been trading within a Channel Up (log chart) from 2010 until mid 2020. Then in July 2020, it appears that NDX switched bands to one zone higher, illustrated perfectly by using the Fibonacci Channel extensions. As you see,...
NASDAQ - WEEK 9 The stock market pushed higher as commodities fell. I have no confidence in the stock market due to its extreme vulnerability. NASDAQ is moving between lines marked and I will be interested in a sell from 14500.
Nas100 remains under pressure and downward move is more likely to happen. Same applies to US 30 and S&P 500. Looking at market structure with lower highs and lower lows getting printed we can expect bulls to still have a challenging moment. As I mentioned last time in my previous idea bears are still in domination and they eye the 13000 psychological level. Only...
$NQ top is clearly in on the 1M chart. Bearish engulfing candle with key resistances needing to be retested. The global economic picture is becoming more gloomy as the US defaults on its debt for the first time ever this winter (2021). As an investor and avid study of the markets, I look for value buys with high probabilities of long term triple digit returns. I...
Price has broke out of the trendline on 1H timeframe Currently looking for long potential positions which confluence with the retest of the level the market broke out
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...