NASDAQ - Intraday - We look to Buy at 11438 (stop at 11313) Continued downward momentum from 12085 resulted in the pair posting net daily losses yesterday. An overnight negative theme in Equities has led to a lower open this morning. Bespoke support is located at 11438. A Fibonacci confluence area is located at 9668. Although the anticipated move higher is...
Strange. MFI went oversold again. Expecting a pump but not getting it, lol. We'll see how this looks EOD. No positions, don;t see an easy trade right now.
There is two possiblities in this trade. The first 1 good chance it could break to the upside since it is a descending triangle we expect the price to break to the upside. The 2nd scenario, since there is a big gap or imbalance from 10870. If the triangle breaks to the downside there is a good chance it will fill the gap at least 50 %. Good luck!
No waiting. No delays... It has already started going down. You can click/tap the image below to see the full analysis on my previous trade idea: Tesla | Chart Spells Doom! (Nov. 19) Everything is about to speed up... The market crash, that is. Thank you for reading. Namaste.
nasdaq 100 ndx 1 month america nasdaq borsa line usdt tether dollar crypto correlation
This is the BTCUSD/NDX ratio of Bitcoin against the Nasdaq on the weekly time frame. With Bitcoin suffering 2 weeks ago from the FTX crash, Nasdaq heavily outperformed the digital currency but last week a first attempt to balance the ratio was attempted and the price closed above the rising trend-line (Higher Lows) starting from the December 2018 bottom of the...
Nasdaq Volatility Analysis 21-25 Nov 2022 We can see that currently the implied volatility for this week is around 4.07%, down from 4.26% last week according to VXN data (US Nasdaq Volatility Index ) With this in mind, currently from ATR point of view we are located in the 78th percentile, while according to VXN, we are on 39th percentile. Based on this, we can...
Tech and growth names have been hard hit since the start of 2022 by a rapid rise in Treasury yields on the back of expectations that the Fed will hike interest rates aggressively to combat high inflation as higher rates can hurt their companies with high valuations based on the prospect of future profits. The tech-heavy $QQQ came down lower with a loss of -1.09%,...
buy dips sell rips will work for now... next or second next dip should start a rally withou decent pullbacks for weeks to come...
Over the past few days, we hinted at several warning signs on Nasdaq's continuous futures chart. Since the index broke above 11 734$, it has trended mostly sideways with declining volume at elevated prices. In our opinion, this continues to hint at the unsustainability of the rally, and therefore we would like to set new price targets for QQQ. Our new short-term...
Nasdaq (NDX) is on a short-term technical pull-back after it was rejected on the 1D MA100 (green trend-line). This doesn't change our outlook presented last week: This profit-taking retracement is part of the greater plan, as the index remains within the tolerance levels of the previous counter-trend rebounds of the 2022 Bear Cycle, all of whom hit the Lower...
Apple IS the market. The peak of the market has a name and a shape, and the name is eyephone and the shape is apple. The recent crisis in stock market, didn't affect companies like Apple. They did not fall for the FED trap. It is not surprising though, since it is the apple month of September. And after the great reset they will be one of the survivors. PS. The...
I shared Nasdaq 100 analysis with you If the price does not close above 12000 $ in the weekly time frame we can see a drop to the range of 9000 $ to 9500 $
Recession, Stagflation, Inflation, Dollar Strength, Russia/Ukraine War...how about labeling the current market turmoil what it really is; A Bond Bust! As you can see from the monthly chart below, in Jan 2022 the US10YR Yield bullishly broke the neckline of an inverse H&S that formed between June 2019-Jan 2022; then in March of 2022 it broke up again from major...
Since the latest CPI print NQ1! rose approximately 9%, with most of the move-up being manifested right after the release. The move was accompanied by high volume; however, on Friday and Monday, the volume declined substantially. This continuous decline in volume hints at exhaustion and potential reversal. Therefore, we remain very cautious. To support our...
With the barrage of disappointing earnings and the FED rate hike scheduled for today, we have very little to be optimistic about for the rest of 2022. Our reasoning is based on the persistence of high inflation and interest rates poised to stay here for much longer than many analysts initially expected. Therefore, we believe it is a matter of time until something...
Over the past few weeks, there were quite a lot of things happening - “the market bottom,” “crypto bottom,” “trend reversal,” and so on and on. Again, people rush to make hastily conclusions as the market turns from extremely bearish to fearful of missing out on the real primary trend reversal. Before the CPI, we came forward when QQQ stopped its decline 0.11$...
Nasdaq Weekly Forecast 14-18 November 2022 Currently the implied volatility for this asset is around 4.28%, down from 4.41% of last week. From volatility percentile, point of view, we are currently on 75th from ATR and 67th from VXN index. With this volatility percentile values into account we can expected on average that the weekly candle is going to be: 3.41%...