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...
Nasdaq pushed up pass July's highest price last week. We want to keep an eye on it this week to see if there will be more buys to push price higher. The only thing that can invalidate this setup is if the inside bar's or past sellers attempt to push the market down fails. What do you think will happen next? Will the buyers keep price going or will the sellers...
Nasdaq (NDX) smashed through our bullish target when we issued a buy signal (see chart below) 2 weeks ago: Right now it is on a minor pull-back after hitting Resistance 1 (15930) yesterday, which is the July 19 High. That was the firs High of a potential Megaphone pattern and its structure so far resembles the Megaphone that formed the market bottom (October...
TVC:NDQ I'm in sell already, not a trade advice. please do your own research. Reason for sell was because, price already hit my take profit, and at 1:30pm NY time, I start to hunt for a change in market structure. On the 15min, I got that. Went short there, 33.6rr
Price has recently into an area of resistance, I'll be expecting price to trade down as marked on the chart. My setup for the week to come until take profit is hit. HAPPY TRADING
NAS100 The NAS100 shares a strikingly similar outlook with the Dow Jones, also known as US30 for those acquainted with the terminology. In fact, the NAS trend appears even more pristine compared to US30. The lower lows (LL) and higher highs (LH) sequence exhibits greater consistency on NAS100, while US30 displays a minor fake-out, although still well-contained...
Im going to watch the price action when it hits my entry point on daily chart based on monthly PD arrays. I am anticipating the current weekly candle to close bearish initiating the sell move on Wednesday and Thursday most probably. Markets could go higher and definitely could take the resent daily swing high. But if it does that today or tomorrow on Tuesday then...
If price should trade above my Take profit 15209.56 - 15210.69 before 9:30am NY time on the 6th of Nov 2023, then I favor a market reversal to take profit below. But if market doesn't do that, I look for a direction which I believe the market should be going. Idea will be updated frequently. This is a daily chart
Nasdaq (NDX) has a strong rebound near the 1D MA200 (orange trend-line) last week, which formed the latest Lower Low at the bottom of the 3.5 month Channel Down. Ahead of today's Fed Rate Decision and Friday's Nonfarm Payrolls, it is important for investors to see the index holding the 1D MA200 as Support, as it will provide the technical backing for at least a...
NAS100 is in a bearish move over two weeks. LH and LL are keep forming. Now any signs of BOS (break of structure). There is a huge gap between last week High and last week Low. We can see a possible correction reversal move. A lot of imbalances are also to be taken out as we can see a lot of single print moves. This week we wait for FED decision about rates. Be...
we have the nasdaq with a sell signal after eating all the liquidity from the previous sessions of last week now we can go down to other points of interest
Been shorting for a month, adding more. lets see what happens, target 200 MA.
Price has retraced into a level that is in for demand to flood the market. My stand for tomorrow friday is consolidation. If I were going to push the market higher for next week, I'll want Friday trading day to be an in trading day. I wouldn't want the market to go up or down, but consolidate. That will be a signal to me that market will be going bullish for next...