Nasdaq has been trading within a Channel Down pattern since the short-term High of August 16 that was rejected on the 1W MA100 (gray trend-line). The minor rise at the start of the week has turned sideways as it approached the top (Lower Highs trend-line) of the Channel and the market prepares for the Nonfarm Payrolls today. Based also on the 1D RSI structure,...
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The Nasdaq Index (NDX) staged a fair rebound yesterday on a Lower Lows trend-line that started on the September 01 Low. Today we see an early rejection on the futures market, which from one side is expected as the market is preparing for Wednesday's Fed Rate Decision. The 4H RSI however has been on Higher Lows since August 22, staging a Bullish Divergence. The...
The Nasdaq (NDX) index had a strong rejection these past 4 weeks exactly on the level we projected on our idea on August 04: Right now it is trading below both the 1D MA50 (blue trend-line) and the 1D MA100 (green trend-line), which were its short-term Support levels and have now turned into Resistances as each have rejected upwards break-out attempts at...
Honestly thinking we are in a strong downtrend here until mid terms are over, after that I would expect we start w3 on the HTF. Leading the tech sector into the final 5th wave into 2023.
The Nasdaq (NDX) index had a strong rejection these past 2 weeks exactly on the level we projected on our idea on August 04: As you see, that level was the 0.618 Fibonacci Retracement level and the Resistance made from the May 05 High, which we predicted based on the symmetrical evidence with the February - March fractal. So far this has been working out...
This is another stock index long-term analysis and this time our focus is on the Nasdaq (NDX). For better illustration we are displaying the Nasdaq as a line instead of candles (black trend-line) and the Put/ Call Ratio (blue trend-line) on the 1W time-frame. First let's explain what this ratio is. Basically it is the number of put options divided by the number...
The Nasdaq index (NDX) has been on a strong rally since the mid June bottom but this week's pull-back is having a good part of investors worried. Well not without good reason as this is taking place after breaking its All Time High Lower Highs trend-line and but not its 1D MA200. However it may be a correction attributed to profit taking and this analysis will...
Nasdaq (NDX) extended the uptrend following the two clear break-out buy signals given by the 1D MA50 (blue trend-line) and the 1W MACD Bullish Cross, as we outlined on our previous analysis 3 weeks ago: Perhaps the most important development since then is the closing above the 1D MA100 (green trend-line) which last time rejected the price (March 29) and...
Nasdaq (NDX) is coming off a (near) hit on the 1W MA200 (orange trend-line) last month and the rebound is now closer than ever to test the 1W MA100 (red trend-line) for the first time since April 05, where it was emphatically rejected. This is something that we outlined on our previous NDX analysis that was on the 1D time-frame: This time we present an...
NDX 100 is Trading at resistance and the short retracement is possible but seems Bullish in the long term Note: Trade at your own Risk!
The Nasdaq (NDX) index is posting today a full 1D candle above the 1D MA50 (blue trend-line) for the first time since April 08. We are still inside the long-term Channel Down formation that started at the beginning of the year but with the 1W MACD making a Bullish Cross for the first time since November 2021, while the price has been on Higher Lows for a full...
Hello traders, today I am gonna share a NASDAQ update with you guys. This is my first ever update on NASDAQ and I am super excited to share this valuable information with you all. Timeframe: 1 Day. Description: Nasdaq is the second-largest stock exchange in the world. Nasdaq, which is an acronym for the National Association of Securities Dealers Automatic...
The Nasdaq reached a good correctional areas for buying, in addition to touching the bottom of the descending corrective channel. Follow us for more ideas
Nasdaq (NDX) continues to trade within the long-term Channel Down that has helped us identify the trend and take low risk/ high reward trades over the past few months. Our position hasn't changed since our previous update 10 days ago: The bottom and new Lower Low of the Channel was correctly spotted, and now the price is about to test the critical 1D MA50...
ndx forms a W Bullish pattern. at point 1st buy it retested its spot and boom. lets see what happens next
Nasdaq (NDX) has been trading sideways since May 30. The 1D MA50 (blue trend-line) is right above with the 1D MA100 (green trend-line) being roughly around the Lower Highs (top) trend-line of the Channel Down. Based on our previous analysis 2 weeks ago, the index was on a W pattern aiming at the Resistance as part of the Lower Highs formation: So far so good...
Using Fib circles to plot how price falls Both corrections are around -80% A fall like this allows for a third touch on the up channel that is apparent Bars pattern placed (red) is just my thoughts of how price could act if this scenario occurs