Fundamental Analysis: As we can see the Index has shown a very strong come back after the Covid-19 pandemic of March 2021 which caused the market to fall and create a panic to the world. Since then there are lots of changes to the world and the way companies are operating, such as releasing of their premises and offices as they should have discharge lots of...
NDX was lagging yesterday as it made a new high after DJIA but faltered, forming what looked like a perfect reversal candle on daily. Indeed market opened and sold off 100 pts in a short time but also recovered slightly. But IMO price action does look bearish for further downside. A possible low risk entry will be to allow a pullback to the PZ for a short down...
If you haven`t bought the Santa Rally: or my 2023 forecast: Then investing in long-term options on the Nasdaq 100 (QQQ) with a strike price of $420 and an expiration date of 2024-6-21 presents a compelling opportunity for bullish investors. The convergence of artificial intelligence (AI) and the ever-growing technology sector is set to ignite the next...
NDX made further upside yesterday after a fake down below PZ first, hitting the key resistance level. So much so that I want to say that we can pull back from this up, we need further confirmation based on daily price action. Thus will say, we could have pullback to 15700 or so (scalp shorts) and look at that level for a possible move higher.
US100 is forming a nice ascending triangle pattern and looking for continuation on the upside. This could be a good entry to go long with decent Risk:Reward Entry - 15055 Stop loss - 14900 (I would like to see a 2hr close below this level to close the position) First Target - 15200 Second Target - 15500 Final Target - 15800 Please let me know your thoughts. Thank you
Nasdaq maintains the four month Channel Up and despite the technically overbought 1D timeframe (RSI = 72.574, MACD = 282.680, ADX = 39.484) it shows no signs of pulling back. We will make the most out of this very aggressive trend. Our target from the previous analysis remains near the R2 (TP1 = 16,000) and after a pullback as on May 24th, we will buy again and...
Nasdaq has exhibited remarkable strength throughout this year, showing relentless momentum that seems unstoppable in its ascent to reach its all-time high. Following its recent breakout above the 15,500 level, the price is expected to target the range of 16,200-16,300, before eventually surpassing it to test the all-time high at 16,700. NFA
Primary Chart: Daily chart of NASDAQ:TSLA with anchored-VWAP from Nov. 2021 all-time high Different stocks tend to have unique price characteristics. Some move timidly, others move boldly. Some are volatile, some are tame. Some some make predictable moves in incremental steps, and others whipsaw around before crashing higher or lower. NASDAQ:TSLA is...
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Nas100 💪 After the Nasdaq perfectly retested the monthly 0.618 fibonacci retracement, previous monthly support and also broke above a clear bearish trendline, we had a solid rally of roughly 20%. With the Nasdaq now...
NASDAQ - BEARISH INTERNAL CYCLE Price it's on Panic Area (-0.382 - 0.00%) from Bearish Internal Cycle I Suggest open SELL positions / take profits from bought stocks listed on Nasdaq at current price - SL: ABOVE PANIC LIMIT AREA (17094.04) - TP 1: 12849.15 - 12231.24 (50-61 %) - TP 2: 10442.74 (100 %) ADDITIONAL CONFIRMATIONS: -APPLE Stock on same situation.
NASDAQ - BEARISH INTERNAL CYCLE Price it's on Panic Area (-0.382 - 0.00%) from Bearish Internal Cycle I Suggest open SELL positions / take profits from bought stocks listed on Nasdaq at current price - SL: ABOVE PANIC LIMIT AREA (17094.04) - TP 1: 12849.15 - 12231.24 (50-61 %) - TP 2: 10442.74 (100 %) ADDITIONAL CONFIRMATIONS: -APPLE Stock on same situation.
Nasdaq / US100 continues to trade inside a Channel Up pattern in the last 6 months. The price is now comfortably above Resistance A and the only Resistance level that's left to challenge the trend is the All Time High at 16790. The last two rallies achieved runs of 13.40%-13.80%. As long as the 1day MA50 supports, keep buying, since also the 1day RSI is...
I have marked the Bullish Bearish scenarios of the next 2 weeks(Possible Potential Long) Green Bullish Golden Cross High Bullish Volume Technically: HH HL Donchian Long June S&P 500 futures ESM2023 are trending up +0.18% this morning as market participants weighed the latest updates on negotiations in Washington to reach a debt-ceiling deal while awaiting a...
after a few days of correction, today US100 managed to break the resistance. if we draw fibo extension, we can estimate fibo 1 as the minimum target.
On our last Nasdaq (NDX) call (see chart below), we took a short-term buy after a bullish break-out above a key Fibonacci level: The index made an even more critical break-out yesterday, as it broke above Resistance 1 (15285) which had in the last 30 days two clear rejections (June 16, July 05). This is a technical bullish break-out signal, on a 1D RSI above...
Not entirely sure what this company does....Shorting small size here. Gut feeling mostly but hourlys looks atrocious. Not advise.
DJ:DJI is having hard time here, again. The RSI is much lower, negative divergence, steam running out? NASDAQ:NDX is higher but also losing steam, RSI lower. SP:SPX AMEX:RSP & AMEX:IWM all put higher highs but they're also giving back. All the #indices have low volume. Kind of normal for this time of year. TVC:VIX is lower....... Sell on...
Nasdaq is testing the MA50 (4h) as the short term Resistance. Ahead of Wednesday's U.S. CPI any short term estimate can be invalidated by the usual high volatility but technically, as long as that level holds, it justifies the completion of a Channel Down same as June 15th-26th. The long term pattern remains a Channel Up, so any pull back is a long term buy...