Fundamentally, 2023 was a strong year for stocks notably tech, which has created a strong bullish anticipation for 2024. We are in the midst of a CPI release coming this Thursday on the 11th. It is obviously the most important data release of the year (since we're 9 days in lol). More seriously it is the factor that WILL determine the move to come (no shit). By...
When NASDAQ index reached the midline of the main historical channel, the hammer landed on its head. Then the bottom of the ascending channel was lost and now it is pulling back to the bottom of the broken channel with the confirmation of the indicator for a pullback. The predicted route is specified.
Hi guys The Nasdaq entered correction after a bearish wave And I hope it reacts to the green resistance levels and continues its downtrend The indicated resistance zone overlaps with Fibonacci-45
😇 7 Dimension Analysis Time Frame: H4 1️⃣ Swing Structure: Bullish 🟢 Structure Behavior: Break of Structure (BoS) 🟢 Swing Move: Corrective move, indicating a Point of Interest (POI) for potential reversal. Vigilance is required for a bullish reaction at this level. 🟢 Inducement: Not done yet; waiting for a proper internal bullish BoS. 🟢 Internal Structure:...
Nasdaq (NDX) hit (and marginally broke above) its November 2021 All Time High (ATH), completing the expected Megaphone pattern we shared with you on November 16 (see chart below): Last Thursday (December 28) the index hit the Higher Highs trend-line that started on the August 16 2022 High and can be treated as the top of a Channel Up pattern. The key here is...
Greetings traders, recently NQ has seen significant bullish momentum. While I maintain a bullish outlook for the long term, I anticipate a short-term retracement in the upcoming week before potential further upward movement, I'm interstend on shorting it at the FVG after a BOS while it's creating a MMSM .
My first idea is to short this, but I see the price has and have more momentum keep on reaccumulating everytime stops. So my speculation on this is reaccumulating again at 16460$ zone. Money got transfer at 16669, Im expecting price to 17100-17150$ per $Nasdaq. No room for Shorts, but be always careful stoploss is our friend here!. Trade at your own...
Nasdaq weakness before Christmas? Barely hanging on to gains in a streak lasting ten days, US stocks managed to recover from initial losses and were trading slightly higher on Wednesday. The attempt to secure a tenth consecutive session of gains pushed the Nasdaq 100 to a new record high of 16,830. In December, the Nasdaq has seen an increase of over 5%, and...
Nasdaq (US100) hit yesterday the 16772 All Time High (ATH) level, reaching in the process our 16680 short-term target as shown on our December 11 call (see chart below): The dominant pattern on the 4H time-frame is a Channel Up and the price is trading on its middle. As long as the 4H MA50 (blue trend-line) supports, any pull-back is a buy opportunity for at...
NAS moving in a parallel channel, getting resistance with bearish divergence on weekly time frame. It's a long term trade so manage your risk accordingly.
Based idea wait for a retracement maybe a lower of 15500 zone. before we could get the 2021 highs 16700 zone. I will update this weekly if price reach the zone on lows and highs. This is only my view. This is not a financial advice or signals. For more daily or weekly updates Follow for more. COme and check me out for daily scalping trades. KEEP UPDATED on...
Nasdaq (NDX) completed the short-term pull-back we called on our latest November 29 analysis (see chart below), hitting our 15750 target and then rebounding: This rebound can seasonally be the start of the end-of-the-year rally, which the market calls 'Santa' or 'Christmas' rally. However, one last Resistance level remains before it is confirmed and that is...
Today is NFP and anything can happen, but according to my analytics that am using, which is universal to everyone, PRICE , PRICE MOVEMENTS , I would like to see a pullback to a Fib level 61.8 which perfectly fit with the previous resistance which is about to turn into Support if the level Holds. If not then I will be buying at the support level, why? Because...
Just reposting the same idea as the previous but closer to price action. See last post for thesis.
LL LLHs being established. = downtrend. We are currently within 79% and 88.7% range of the previous swing. expecting price to finish its bullish correction in this zone then tank to create another lower low
According to the index price movement, there is a formation of a rising flag, which might be a potential reversal hence a bearish momentum. Also, there is a bearish dragonfly doji candle according to the higher timeframes (1D), which might be a potential bearish reversal in the price. My entry point is at 15950 after the price has retested the support zone of...
Nasdaq (NDX) exceeded all expectations this month as following our November 01 buy signal (see chart below), not only did it hit the target but broke aggressively above the former Channel Down: Since November 21 basically it has turned sideways, in an attempt to normalize the previous overbought 1D technicals. It has already hit the 4H MA50 (blue trend-line)...
💸NASDAQ💸 Chart : 1Hour Overall Trend : Bullish Current Market Structure : Consolidation Scenario 1 : •Break ABOVE current consolidation area , we will look to Buy ,Targeting our weekly OB @ 16300 . Scenario 2 : •Break BELOW current consolidation , will signify a pullback to 15500 , Filling the imbalance in the market & then continuing the bullish...