Good morning ladies and gentlemen, here is my trade plan for QQQ. If current projection holds, QQQ could see min. $353. If we break below $297.31, the projection will be invalidated. Give me a follow and I will post more charts. Good luck and trade safe.
It's getting embarrassing for bulls and bears (especially bears). When are we pumping or dumping? Please like and share if you appreciate this market update. We are certified Elliotticians and publish Elliott Wave counts for indices, stocks & ETFs, cryptos, and commodities, in weekly, daily and 4-hour timeframes. Cryptos are updated every day of the week and on...
All Info is on the chart. Good luck.
The current situation is very similar to the docom bubble. I think we'll see a couple of years of explosive growth.
IMO, The NASDAQ is presenting A GOOD profit OPPORTUNITY ... BUT BUT BUT, Don't be FOOLED this IS NOT the start OF a 6-9 month bull MARKET. MAJOR correction still SITS on the HORIZON, (see previous POSTS) AFTER new WAVE-1 HIGH was reached, I have been Buying the NASDAQ and PLAN to take PROFITS around the Completion OF WAVE-3 ... wherever that may untimely end up
NDX current pullback into wave 2 is setting up same degree wave 3 increase towards 13000. If so, we could possibly see new highs into wave 3 carrying us well above 12000.
16 days until the elections and the bullish momentum on NASDAQ keeps on climbing. 15 more Daily candles is more than enough to reach and break NASDAQ's all time high, to cerate a new all time high. FIB level shows retracement at 0.5 which sets my target to 0.618. RED retrace = RED target I'll be looking for buy opportunities on the H1 timeframe towards the all...
The NASDAQ has completed the predicted inverse H&S pattern and has broken the bullish channel. I foresee a retest of the channel to the 0.382 retrace point onward towards the 0.682 target point. This move will most probably continue to Sept high of 12344.2 before.
Retrace at 0.382 Target is 0.618 As per the color codes: RED trace = RED target. BLUE retrace = BLUE target. GREEN retrace = GREEN target. Inverse H&S
This is how I have used the Nasdaq 100 Volatility Index in addition to my arsenal of confluences to determine where the NASDAQ is going. Here you will find that the VOLQ moves in the opposite direction near 80% of the time. The section I have marked using the red vertical lines, show the 20% of-the-time playing out. Within that period, the VOLQ and NASDAQ moved in...
This basic technical analysis is easy to understand for new investors. In my opinion, we are still in the territory too long the QQQ. Make sure to set sell limits near the top of the current channel. I am not a financial advisor, do your own due diligence.
Up to the Medium Time Frames and above, NDX has dropped into critical support level at wave (4) but the bullish trend has not been invalidated. Remaining bullish against 10,238 wave count invalidation level for a terminal wave 5 rally.
We are labeling 5-wave rally from March 25th as the primary wave count. cThe Daily Wave count shows the NDX next upside target is facing resistance at the 13450 level with a pending pullback into wave (4) setting up for a terminal push higher into wave (5). The same predicament exists in the SPX as the NDX with a pending move higher into wave (5) that is an ideal...
Major Techs are still leading the charge as the NDX move towards wave iii. NDX rally on-going targeting the 12,104 wave (5) suggesting a terminal move into wave (5) supporting our thesis that the bull is still in control and we will be riding this wave into wave (5) with our existing longs.
NDX rally on-going targeting the 12,104 wave (5) suggesting a terminal move into wave (5) resistance and a pullback in wave A begins.
NDX rally on-going targeting the 12,104 wave (5) suggesting a terminal move into wave (5) resistance and a pullback in wave A begins.
Hello traders, here is the analysis from our team : buy @ 10912 target#1 @ 10917 target @ 10925 stop @ 10899 money management @ 10917 Let us know in the comment section below if you have any questions.😉