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...
SP500 for my scenario is bullish because, I think we just created a consolidation which we broke above and also the market has been going down for a while. So I think it should reverse anytime soon. However, DYOR and if you can, let me know about how you see the chart.
Nasdaq (NDX) gave us a low risk sell trade last week (see chart below), where after taking the loss on the Channel Up bottom buy, we reversed to selling on the break-out and hit 14530: Standard 'buy low, sell the breakout if invalidated' approach that aims at assuming low risk near supports/ resistances and high return when those break. This sell-off brought...
Nasdaq (NDX) has completed a Bullish Cross between its 1W MA50 (blue trend-line) and 1W MA100 (green trend-line). Even though it's not a Golden Cross, on the 1W time-frame it attracts particular importance as the last time we saw this bullish signal was more than 13 years ago (February 08 2010) in the (sharp) recovery process after the 2008 Housing Crisis. The...
NAS100: Exploring Potential Bullish Scenarios Amid Market Shift The market has recently exhibited a notable shift in the NAS100 index, particularly on lower timeframes, which has piqued my interest in exploring potential buy opportunities. Join me in the quest to uncover emerging bullish scenarios for NAS100 and adapt our trading strategies accordingly. Stay...
This thing is taking off here, as expected. Load up! The chart ought to be self explanatory. (March is usually bad for equities, just keep that in mind.) USD strength is major factor here which should keep a nice strong lid on this, later on. Here is a closeup;
Last friday moves, 4H liquidity reacts the sellers. Now im looking for a buy Opp this week. See the charts for context and guides. My basis is liquidity sweep. THis idea base on my view only. Trade with cautions. Risk is applied. Trade at your own. This is not a financial advice. what is your thought?
Nasdaq (NDX) is trading on the 4H MA50 (blue trend-line), pulling back after a Lower High at the top of the Falling Wedge pattern. The formation that took it that high is a Channel Up which hasn't yet been invalidated. As a result we currently sit on a bullish short-term signal until broken, with a 15270 target (Lower Highs trend-line). If the price closes below...
Long RKLB, had a good short from the monthly highs I should have held longer, not complaining but yah live and learn. See triple bottom/I h & s here. Longing with tight stop. Not advise, good luck.
NAS100USD has been Ranging between 15538 and 14556 since 18 Aug 2023. Here is our trading plan. 📣📈💹 Possible Path 1: To Upside A Higher Low forms above the bottom of the Demand Zone (14826) , then attach the Supply Zone and Trend Line again. Idea: 1. Long Entry when a Low formed above 14826. 2. Target to 15352 (Bottom of the Supply Zone). 3. Stop Loss below the...
Nasdaq (NDX) broke above the 1D MA50 (blue trend-line) and has almost reached the top (Lower Highs trend-line) of the Channel Down pattern that started after the July 19 High. The 1D STOCH RSI Bearish Cross suggests that this is a sell opportunity on the short-term at least, towards 14900 (0.5 Fibonacci retracement level). But what if this is not a Channel Down...