1st buy zone at about 15250 (S/R and 61.8 Fibonacci) 2nd buy zone at about 14900 (S/R and 78.6 Fibonacci)
Tech sec looks good and bottomed, crypto as well looking bottomed. Think we are fully reloaded for 17k NDQ. Yeet
The Santa Rally is set to start on Monday, Dec. 27. This period gave positive return for the S&P 500 78.9% of the time. Since 1950, the average return of the Santa rally was 1.33%. How do you think this will be reflected in the Nasdaq 100 index? The reasons could be optimism over the new year ahead or holiday spending.
Breaking down the Ichimoku cloud & Elliott Waves for the current PA. Seeing confluent support in this region, though R/R is better on the put (short) side.
Hello Everyone! Small trade on NDX! Small retracement and looking for a buy to the next psychological level (16k). ''That's it? '' ... That's it! Enjoy !
We are expecting further upside after a continuation in wave {v} followed by a triangle.
15300 is the target, now is into target zone between 14800 - 15300, so be careful like always, meanwhile bullish!
Cycles can be identified by a curved rise, then a large pullback back to the average, dipping below the average, reclaiming the average, then dipping below again, and then reclaiming, then the next cycle begins Cycle 3 in progress Jump on the train while its hot "roaring 20s" Looking for the 11000% increase before the fall occurs Purgatory possibility is there...
NDX aiming for that 161.8% retracement with rotation back into growth and tech stocks during summer
Seeing a built up in momentum as growth stocks continue to get bids as tech remain strong .NDX aiming for 1618% upside target
Nasdaq Super Bull driven by technologies NASDAQ:NDX
The NDX is likely going wave iv pullback before making a terminal move higher into wave v. Key Fib support at 13339 or 50% retracement acting as a good level to establish some +ve delta butterfly spread expertly early July. If we break wave count invalidation, then the NDX could possibly make another 5 waves lower into trend channel support at 12378.
Please find the alternative en-route to another leg of small ABC correction and beginning of the new impulse wave. Parallel Red Zone, upper line represents trend line resistance and down line represents support. Thanks!
The NDX is likely going into a minor corrective wave before completing 3 remaining moves into wave (iii) upside target that may reach 14449. Looking to place a short term Balanced Butterfly 14000/14200/14400 expiring May 10th 2021 for this slightly bullish consolidation pattern.
Don't see lot of downside yet. Maybe bounce in overnight action clears today's red cloud. Also close of ES, YM and RTY indices futures so far look harmless. Let's see.
The NDX is catching up to the S&P500’s test of new high and the markets are repositioning to test new highs in the NDX. A move through 13715 level signals a 3 remains bullish waves targeting the 14000 level.