''NQ'' after the breakout of the range with a large candle we can take a sell position
The Nasdaq 100 index showed some relief yesterday and made a higher high since its low on 19th May 2022. However, smaller time frames suggest that the willingness of market participants to buy at rising prices diminishes. Therefore, this leaves us to speculate whether the Nasdaq 100 index is getting positioned for another leg down. At the same time, the daily...
Obvious buyers stepping in below old lows (march 14th) Obvious short covering area. The extra bounce and volatility this past week has been solely due to earnings beats IMO. Or else the flag would look a bit cleaner and more defined. I think Q's can muster the follow through breakdown over the short term. Good luck and be careful around the fed decision tomorrow.
Bearish signal on the NQ in daily, We have a reversal pattern on the NQ in daily, according to analysis I will be short today with a Target at 13850 and a Stop Loss of 14370. Given the situation with Russia, there will be a lot of movement on the markets this week.
Today on the 4h, we have a bearish signal on the NQ, as you can see on the chart : 1. We have in red our support which holds well 2. We have the orange line which serves as resistance If the NQ breaks the yellow rectangle our TP will be support. Summary for today I will be short the NQ if the confirmations come in
enter: 15570 stop loss: 15670 target1: 15370 targer2: 15200
An update on the chart I posted earlier this week. As you can see it broke down from that range and then retested it. At this point it will either bounce around in that range again, or travel back down, bust through the 161 Fib, and head to the purple consolidation range.
Bearish count is intact and favored. Bullish count is only possible IMO if we can rise above 13,800 again. Otherwise, looks like we might get a steep drop soon.
Looking at the price action on the NASDAQ (NQ1!) from the past few days. Focusing on the quick profit take from today, leading in to a down trend tomorrow. Hedge your bets.
This has the same look as the SP500, not surprisingly - and for the same reasons. SHORT either one, or both, as it is a little difference without a distinction. Incidentally, the DJIA is likely to go last but do the worst. Again, little difference without distinction.
me and elon musk had had enough we are shorting the markets, short it
This is an update to the Island Gap post. I attempted to plot a path to meet my target. I used a rough timeline of events and hypothetical sentiments in the week ahead. Should the house fail to pass a much lower stimulus bill by Friday, I expect a limit down event this week, or early next. These things are very hard to predict, so take it with a grain of salt; but...
Hello traders, So NQ shows yesterday an increasing trend. Currently we have a good sign to buy. In fact with the high volume and the shape of the candle shown in the graph, we expect the continuation of an increasing trend, especially with the spring effect on the VWAP. So the advice is for intraday trading, buying NQ will be a good trade We sell at the next...
NQ is going for surely up. The highest volume and the shape of the candle assure we will have an upward trend NQ show good chance to buy, and we sell in the next red cancle and volume. This analysis is for intraday trading.