NAS100 NQ1! NASDAQ 2022 NOV 28 Nov
Apart from the rotation long from week of 7 Nov, nothing eventful
happened the last 2 weeks as NQ traded in narrow range.
Holiday season has kicked in, volume expected to remain thin.
Price may just slowly float upward due to lack of selling.
1) Rotation zone 11730 - 10710: Trades can be executed...
✅NAS100 went up to retest a horizontal resistance level
Which makes me locally bearish biased
And I think that a move down
From the level is to be expected
Towards the target below
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Didn't trade today and just looked at the charts. MFI actually went oversold, so did NQ. Bit surprising for a half day on low volume.
No idea which way it gaps Monday, but the time to go long is when MFI gets oversold during a melt up. WE'll see what happens Monday
Nasdaq (NDX) completed its short-term technical pull-back, as it held the 1D MA50 (blue trend-line) after it was rejected on the 1D MA100 (green trend-line). This doesn't change our outlook presented two weeks ago:
This profit-taking retracement was part of the greater plan, as the index remains within the tolerance levels of the previous counter-trend...
Playing around with Fib channels, trying to find a bear target. 10.5k NQ should show some support as it's not only 62% linear retrace from Covid bottom, but 62% fib channel retrace from 2009 bottom to 2021 ATH. Below 10.5k gets steep pretty fast. Would be looking for 8800 or 7750 based on previous bottoms on the longer term fib channels, shown below.
With the barrage of disappointing earnings and the FED rate hike scheduled for today, we have very little to be optimistic about for the rest of 2022. Our reasoning is based on the persistence of high inflation and interest rates poised to stay here for much longer than many analysts initially expected. Therefore, we believe it is a matter of time until something...
- Like u saw yesterday, BTC dipped but the main reason for now is just the global economy being worst.
- Nasdaq Companies made big % lost yesterday - here the main list - www.cnbc.com
- The Covid19 caused a fast dip followed by a mega pump based on stimulus (brrrrr), now the real dip is ongoing.
Trading Part ( Long Term...
This post is part of a series of requests i recently received.
The request was: "What is your bearish projection on the US stonk market".
Well, this right here is my primary bear case for the Nasdaq. Keep in mind, this is just a single bear case from my perspective; there's always many different potential outcomes, and it's my duty to...
Since its recent peak on 15th November 2022, the price of QQQ drifted lower by about 4%. Currently, it trades for around 282$. We continue to be bearish on the Nasdaq 100 index and pay close attention to market developments. To support our bearish thesis, we would like to see QQQ continue to hold below the immediate support/resistance. Additionally, we would like...
in preparation for my next few bear posts,
i'd like to talk about the three different types of flats in the markets.
the main reason why i'm bringing this up right now,
is because the USA Indexes are displaying all three of these patterns currently,
so it's important to familiarize yourself with these fractals, for future references.
The NQ daily time frame is in a down channel. The
market hit the top of the channel and is now
making lower lows and lower highs pushing
towards the bottom of the channel. The market
has a down Fibonacci with an extension price point
9595.25 about -6,966 ticks below the market. As
long as the market stays below the down trend
line. It will be a good idea to turn...
consider this post somewhat fictional for now, created more for entertainment purposes, but i want you to know that there are some serious data points which i'm going to bring up to build the case that the stock market has found a long term bottom.
~our monthly indicator is finally oversold for the first time since 2009 market low and is...
The Nasdaq 100 Index has had an incredible run, rewarding long-term investors with massive outperformance over the past 20 years. But as traders we want to position ourselves to benefit from short-term events as well.
Look closer at the Nasdaq 100, S&P 500, and Russell 2000, you’ll find a similar setup to today, just 22 years prior, where the Nasdaq was trading...
if you cant pick buy in low,above green arrow you can pick buy after pinbar come on 1h-4h-daily chart ok?
my buys still is open from 11550 and want hold them minimum to 12500,,,can take 7-8 day....in 12500 we have fibo61 daily too
if you have old sell you must close all or hedge them above green arrow ,daily chart tecknical say nasdaq can go to 13000,,, end of...
Nasdaq (NDX) is on a short-term technical pull-back after it was rejected on the 1D MA100 (green trend-line). This doesn't change our outlook presented last week:
This profit-taking retracement is part of the greater plan, as the index remains within the tolerance levels of the previous counter-trend rebounds of the 2022 Bear Cycle, all of whom hit the Lower...
The Nasdaq index (NDX) is making its reversal as following the much lower than expected U.S. CPI report (fell to 7.7% from 8.2% the previous month), it posted the strongest 1 day rise of the year and broke above its 1D MA50 (blue trend-line) for the first time since September 13 (two months). The news that the Fed's approach has started to decrease inflation and...
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...