NDQ100
NDQ100 (Nasdaq) Price Breakdown Pre-CPI
Today's focus: Nasdaq
Pattern – Range
Support – 17,832
Resistance – 18,355
Hi, traders; thanks for tuning in for today's update. Today, we are looking at the Nasdaq daily.
Price remains range-bound. Do traders feel today's CPI will be bearish or bullish?
Yesterday, buyers showed some strength, stopping a bear move and reversing losses. Could good news on the CPI and minutes front maintain buyer control?
We have run over the primary levels and are currently holding the price. Depending on what we see from the CPI, could we see a new break that is lower or higher? Traders also have to be aware of false breakouts.
Good trading.
NDQ100: Thoughts and analysisToday's focus: NDX100 Nasdaq
Pattern – Higher lower support point (LH Inc)
Support – 15,320 - 14,690
Resistance – 15,520 – 15,822
Thanks for checking out today's update. Today, we have run over the NDX100 on the daily chart. We have started with the overall picture and worked our way into the current short-term perspective with things we are watching and levels we view as important.
Over the subsequent few sessions, we feel that 15,520 support is key for buyers, and we would like to see them not only hold that area but form a rally that can retest 15,320 resistance. A break could get the short-term trend back up and running, but a good close below that support level could suggest the up trend could be in danger, and we may even see a new move back down to test 14,690 if sellers can really get going.
Have a great day and good trading.
NDQ100 8/15 5am SELL SIGNAL 1hr chart75%w strategy , 12:1 RR, .65% avg winning trade, 0500 EST.
1st TP .62% 15080
2nd TP .85% 15050
3rd runner : close trade/ new signal.
NDQ100 Eightcap, Nasdaq cash, US100, tech.
Typical trades last 16 hr. Close all position/ SL at any time new, 1hr chart signal is given.
Will update as trade progresses.
ALL 3 INDICATORS: SUPER PIVOT: DYNAMIC MONEY FLOW: LINEAR REGRESSION/RSI
ARE DOWNWARD SLOPING.
- NO CANDLES ARE NEEDED TO TRADE -