High probability of a 1000$ drop or even more, with a clear triple top formation. We are topping here... after Dow Jones and S&P500 it's time for a weak tech sector. I see an acceleration of the bear trend in the next few hours.
Nasdaq is extending the decline it suffered at the top of the Falling Wedge pattern. The Falling Support is the level to watch for buying and the price is within days from hitting it. Trading Plan: 1. Buy when the price hits the Falling Support and the MACD (4h) makes a Bullish Cross. Targets: 1. 15000 (slightly over the 0.618 Fibonacci). Tips: 1. The MACD (4h)...
Hi Everyone, I saw this structure break just now and love to share that with you, Nasdaq 100 from 15 sep 2023 changed the trend from Up to Down trend and the structure was moving smoothly to down, if you notice the trend made 3 times retesting on 18 aug 2023 and on 27 Sep 2023 and this week starting from 23 Oct 2023 which almost each month have the same retesting...
After taking LIQUIDITY (Buyside/Ineficiency) Then Market will Drop to and through 14600
Nasdaq / US100 is trading inside a Falling Wedge, currently on the 3rd bearish leg of the pattern. Be ready to buy when the 1day RSI touches 34.20 (Support A) and target 15100 (Falling Resistance). The Sine Waves show an amazing symmetry between bullish and bearish legs. Previous chart: Follow us, like the idea and leave a comment below!!
Hello everyone, We have had a bearish weekly bias and have continued downward today crossing an important level. As shared previously, I have been watching these levels in case we get a new low for October, surpassing the earlier one, signaling the seasonal low for Q4. We are very close to breaking that level. Rarely do you come this close to an important level...
This thing is taking off here, as expected. Load up! The chart ought to be self explanatory. (March is usually bad for equities, just keep that in mind.) USD strength is major factor here which should keep a nice strong lid on this, later on. Here is a closeup;
Hello Traders, i find a great daily Setups on NQ there's The 1 & 2 both of them are on a premium Price Action and Still unmitigated Candlestick which one do you think we will be taking ?
Looking for Bullish continuation from 15000 Dollar Cost Averaged entries with 50% of position load at Entry #1 15035 and remaining 50% of position load at 15001 if the bulls engage the market we could easily be looking at 15200 and beyond that our next Target would be 15375
------------NASDAQ/NQ/USTECH100----------- I just went long on Nasdaq index and looking for further upside movement. From fundamental point of view I can say investors expect no more rate hike this year or in the near future. War news outside the US does not really affects this market. From technicals I can see a higher chance to go upside rather than downside at...
Nasdaq formed a Golden Cross on the 4H timeframe today while turning bearish on the technical outlook (RSI = 40.347, MACD = 7.500, ADX = 49.160). This means that as it approaches the bottom of the Channel Up, it becomes an oversold buy opportunity. The former bullish wave targeted almost as high as the 2.0 Fibonacci extension. Our target this time is also a little...
Nasdaq (NDX) is trading on the 4H MA50 (blue trend-line), pulling back after a Lower High at the top of the Falling Wedge pattern. The formation that took it that high is a Channel Up which hasn't yet been invalidated. As a result we currently sit on a bullish short-term signal until broken, with a 15270 target (Lower Highs trend-line). If the price closes below...
Looking at new analysis for E-Mini Nasdaq. Looking at probe down into Bullish orderblock with suggested entry range 14923-15028 LONG and will be looking for upside Target potential of 15665-15670
Monday is what I use as a baseline for the week. I don't trade Mondays. Here are the important levels I am watching for the week. We are at a critical point and could see many surprises. However I would like to see price not go higher than the two dashed red lines near the center, for some further retracement. there is a Daily FVG just above the first one. Any...
Next probable movmement for NQ1 will be Short from 15414.75 direction 14819.75 Disclaimer ============================================== The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or...
Hello everyone, Although the index price lacked positive momentum in recent trading, its general stability within the axes of the ascending channel, based on holding above the main support extending towards 14800.00, in addition to the formation of the 55 moving average for additional support with its position at 14945.00. This contributes to confirming the...
NQ Daily Analysis - Break and Retest of the 15050-14680 10-Day Range I usually don't look at NQ as my primary focus is ES, but scrolling through my watchlist I stumbled across the old depiction I made of NQ trading in a range, and now we are here backtesting it. Could we be setting up for a break and retest or will this be a failed breakout and we start trading...