Dear traders Nasdaq respected previous setup and I suggest you to be patient this week we have some news that may ruin the market ..well as you can see in my chart nasdaq was bearish today the new weekly candle start bearish it may consolidate this week so above 12735 you’re good to look for buy and if price close below 12677 if till be change to sell good luck...
Nasdaq (NDX) broke and closed a 4H candle below the 4H MA50 (blue trend-line) for the first time in 2 weeks. With the 4H RSI not having touched its Higher Lows trend-line yet, this is an indication that the index might pull-back some more towards the 4H MA200 (orange trend-line) - 1D MA50 (red trend-line) Support Cluster (even as low as the Symmetrical Support),...
The index closed yesterday forming a bearish engulfing candlestick after pulling back from 12,850 resistance.
The bearish formation to be confirmed by an open today below 12,673.07 level.
Next support levels: 12,460 - 12,300.
There is a high possibility that the NASDAQ will rally as the descending channel is broken and the side flag is broken. What do you think, my friends?!
NASDAQ - 24h expiry - We look to Sell at 12920 (stop at 13090)
Posted Mixed Daily results for the last 4 days.
The 161.8% Fibonacci extension is located at 12304 from 12972 to 12559.
Bespoke support is located at 12277.
Selling spikes offers good risk/reward.
The bias remains mildly bearish but there is scope for a move in either direction at the open.
Our...
Dear traders Nasdaq reached previous monthly candle is seems he may test previous wick so as I said in my chart I’d price came and retest 12776 and close above so it will be change to look for buys at this zone and if price came and breaks below 12776 it will be high chance to keep correcting this move so follow my instructions and wish you the best of luck
NQ1! NAS100 NASDAQ 2023 Mar 27 WEEK
Nothing eventful last week at price was testing 12950.
No trades for indices last week as opportunity didn't happen
during my waking hours. Also the messiness on M30 &
lower TF.
Concern: Despite greater effort, progress from
H to H1 was only marginally higher, and price closed below
12950.
Possible scenarios:
1) Market test...
Fed is increasing their Balance Sheet by $300B quite recently in order to save the economy from banking crisis. The move effectively pumped in additional Net Liquidity to the financial system. As a result the volatility range from Nasdaq index has been moving upward form our previous prediction. The rainbow color indicator is Index Value Rainbow indicator which...
Sentiment on Wall Street took a turn for the worse by yesterday's close. Janet Yellen conceded that she has not considered a "blanket insurance" for US banking deposits, and Jerome Powell pushed back on any hopes of rate cuts from the Fed this year.
The Nasdaq 100 came close to reaching out 13k target before momentum reversed sharply lower, closing the day with a...
dear traders Nasdaq today was failed to create new high or new low it was in trading range so as you re see in chart above 12594.7 you’re good to buy and if he rejected below 12565 it may be a chance to sell
trade safe
NQ1! NAS100 NASDAQ 2023 Mar 20 WEEK
The daily Ultra Lo Volume down bar and support at 11930
provided good meat for week of 13 March.
Market finally broke through 12418 and is near supply zone
12810-12950. Let's see how price reacts to this level.
Possible scenarios:
1) Possible formation of rotation 12950-11930 =
trade at boundary of zone
2) Long on...
We are doing analaysis at support and resistance level and put pending orders of sell stop and buy stop in both levels further details mention below about how to execute orders in MT4
Buy Stop Order
Entry Price:12891
Stop Loss:12698
Tp1:13084
Tp2:13227
Risk Reward 1:1
Overall Risk 2%
Sell Stop Order
Entry Price :11818
Stop Loss:12026
Tp1:11611
Tp2:11403
Risk...
dear traders i see nasdaqwith this level key high opportunity to catch the perfect move
you have to respect levels and let the market play arround dont jump in it without knowledg
trade safe
After the last price target was reached:
My timeline for QQQ Nasdaq 100 ETF after the CPI report on Feb 14 is this:
1. CPI data will come better than expected. The medium forecast in 6.2, I expect 6 - 6.1.
- The market will be exuberant afterwards and QQQ will reach $317 by March 1st, thinking that the FED won the fight against inflation .
2. While inflation...
Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 is currently retesting a quite obvious weekly support/resistance area which is turned very strong support once again.
You can also see that we recently broke above a down-trendline, created a double bottom and had a bullish...
dear traders as we see nasdaq was closing bearish last friday
we have opportunity to buy above 11897.00 target will be 12.000
and if he break bellow 11784 high opportunity to sell targer will be at 11500
good luck
NQ1! NAS100 NASDAQ 2023 Mar 13 WEEK
Week of 06 March, market gave 300pts from 2 trades.
Market is trapped between 12418 - 11930.
Although daily bar showed little supply for
short term long opportunity, the low volume
means it is cheaper to whipsaw the market.
Trade with caution.
Possible scenarios:
1) Market continues to be range bound between...
