Remember that SPX and VIX decide what NDX does. NDX will need the green light from those instruments.
Potential, "last" short opportunity i NDX, - Gap closed - Supply zone on weekly - Resistance, trend channel
Stock Pullback completed and coming weeks we will see a new round of sell-off. All explanation on the chart please have a look entry 🛑SUPPORT/RESISTANCE ✅S1= 9000 ✅S2=8400 ✴️R1=9300 ✴️R2=9700 Please like, share, comments and follow me to get daily base analysis Thank you for your support, I appreciate it.
still in my NDX short via SQQQ . PA has fallen from the ascending triangle and now its only a matter of when IMO. I think once we reopen the economy in June then it will be time for the bulls to sell as all the online order hype will be ending and store's will start reopening.
The bullish count could be slammed if the S&P follows its red path. The relationship between NDX and SPX has been a bit strange since the bottom with NDX seemingly leading the SPX. In case of a systemic risk or market event, everything follows the VIX and SPX so beware.
Now here is the big story: looks like NDX is not synchronized with SPX... As mentioned in the S&P's technical analysis section of our Discord, we have no alternation within this weak impulse (W3 < 1.618*W1) and prices channel well.
NASDAQ looking pretty over extended Fam. Time for a fat juicy short!
Stock Pullback completed and coming weeks we will see new round of sell-off. All explanation on the chart please have a look entry 🛑SUPPORT/RESISTANCE ✅S1= 9000 ✅S2=8400 ✴️R1=9300 ✴️R2=9700 Please like, share, comments and follow me to get daily base analysis Thank you for your support, I appreciate it.
Could Bitcoin predict NDX? In the past 6 months, it happens Bitcoin successfully predicts two pivot points of NDX. It only takes 1 or 2 working days. Now 5/7 Bitcoin turns again from $10,000 to $8,000~9,000. Path 1: Bitcoin predicts NDX turn again (5/11) - 70% chance Path 2: Bitcoin back to $10,000 up - 10% chance Path 3: Bitcoin hooks off from NDX - 20%...
Nasdaq 100 Index (2H) / Bullish & Bearish Elliott Wave Counts
Nasdaq Index (1H) / Bullish & Bearish
Nasdaq 100 Futures (4H) / Bullish & Bearish Counts
We need a correction in the short term, whether we're going on to make new highs or lows. So the orange line is currently in play. IF we are indeed in a new uptrend and going to make higher highs, we should see major support around 7,500 (which still implies -10% over the next couple weeks). And a 3-wave move on the downside IF we are continuing the downtrend, we...
Nasdaq 100 Futures (4H) / Bullish & Bearish
PA is not ideal for an impulse. We are struggling on the support of the channel. Exciting times ahead though.
NDX still contained between parellel lines = corrective structure
The Nasdaq 100 Is Trying To Pump Back Before The Open
Nasdaq 100 Futures Still Holding The Channel. Little 1212 down?