Here is our detailed technical review for NQ1!. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 14815.25. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 14419.25 level. ...
NQ1! - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell NQ1! Entry Level - 14741.00 Stop Loss - 15082.75 Take Profit - 14231.50 Our Risk - 1% Start protection of your profits from higher levels. ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! We are now examining the NQ1! pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 14496.25 level. ✅LIKE AND COMMENT MY IDEAS✅
Please, check our technical outlook for NQ1!. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 14542.50. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 14221.50 level. P.S We...
Obviously, going short at every supply zone or going long at every demand zone doesn't work every time. If it did trading would be too easy and no one would lose. So, how do we trap the losers and become the winners? Wait for a liquidity sweep above, most often indicated by a bearish shooting start candlestick with a close back below the supply zone. Previous...
Hello,Friends! NQ1! uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 14201.50 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the NQ1! pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! The BB upper band is nearby so NQ1! is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 13511.25. ✅LIKE AND COMMENT MY IDEAS✅
Take a look at our analysis for NQ1!. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 13516.50. The above observations make me that the market will inevitably achieve 13324.00 level. P.S The term oversold refers to a condition where an asset has...
Hello,Friends! The BB upper band is nearby so NQ1! is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 13279.50. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for NQ1!. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 13330.25. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 13137.00...
Hello,Friends! The BB upper band is nearby so NQ1! is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 13060.75. ✅LIKE AND COMMENT MY IDEAS✅
interesting chart here. we have spx/nq1!, the bottom formed in nov '21. this was a great 'exit all markets' signal. local top was jan '23, which was a great 'risk on' signal. now we're in a potential wave 2 zone with rsi hitting oversold for the first time since 2020. i think this will turn into another macro 'exit all markets' signal.
DESCRIPTION: In the chart above I have provided a MACRO analysis on NQ1! which runs a similarly distinctive path to SPY, SPX, & ES1!. This chart is designed to create a clear separation between periods of volatility and shift in momentum. Each cycle beings and ends in the given order of OVERSOLD to OVERBOUGHT to OVERSOLD. POINTS: 1. Deviation of 900 Points per...
update feb-mar 2023 Continuation short, fibs are based off NQs 2200(price) gain back in 2010' Very, very long timeframe fib retrace in play. Supporting narratives? capital crunch from boomers exiting capital + deglobalisation pushes due to conflicts based on demographic declines, deglobalisation pushes due to growing reluctance to freely share Intellectual...
Nasdaq 100 will continue its downward trend. Exit at 3rd demand zone
NASDAQ 100 E-MINI FUTURES We expect very strong landing traffic to bottom points or bottoms that we consider to be great targets
We are Still Bearish On Nas, Had A Consolidation After Price Reverse To The Up Side And Then Explode To The Down Side Caused An Order Block that Hasn't Been Tested Yet so we expect the price to go to that order And Reject Going More Downside.
Here is a quick update for those who follow my work and are not on our new site yet. It's a critical turning point here, going into the CPI report, so I want to share my thinking, and hopefully, you won't get trapped regardless of tomorrow's am outcome. I'm doing a more detailed analysis, but I will post a short version here. First of all, I pointed out last...