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...
Nasdaq is on a correction leg after being rejected on the Falling Resistance of the Falling Wedge pattern, a little under the 0.786 Fibonacci level as the September 1st Lower High did. It hit today the MA50 (4h) and that can generate a short term rebound. Below that, the correction of the Wedge will be extended lower. Trading Plan: 1. Buy on the current market...
The QQQ has been trading at the PCZ of this Bearish Shark for quite a while now and it has recently come back to make a 3rd Consecutive Lower High with Hidden Bearish Divergence on the RSI and looks to be ready to confirm it as a 3 Falling Peaks Pattern that I think would result in a major move down towards the 800 EMA or even lower down to the pre-2022 levels.
We definitely saw a reaction after tapping into that daily FVG above. I expected a retrace after that. now we have to see if it finishes this as a small retracement or puts in a surprise new low for seasonality. Price could retrace to and bounce off those FVG's or go past the last two lowest lows for a surprise. We will know more after today and Monday. these are...
Levels I am watching for Friday- shown with daily FVG to be more clear about points of interest. Dashed Black line is the 50% line of yesterdays move, denoting premium and discount. Black heavy lines are yesterday's H/L It is yet to be seen if the final October low is in. It is possible to have slightly more expansion, with a deeper retracement beginning next...
𝗡𝗮𝘀𝗱𝗮𝗾 𝗨𝗽𝗱𝗮𝘁𝗲: NASDAQ:QQQ Daily. Keep it simple. Above line-in-sand ("LIS") of 373 a bull flag 🐂 breakout. Below risk lower to consolidate 🐻 $NQ_F TVC:NDQ NASDAQ:AAPL NASDAQ:MSFT NASDAQ:AMZN NASDAQ:META NASDAQ:GOOG NASDAQ:TSLA NASDAQ:NVDA NASDAQ:SOX $ES_F AMEX:SPY SP:SPX TVC:DXY NASDAQ:TLT TVC:TNX CBOE:VIX #Stocks
www.tradingview.com The Nasdaq has reached the end of the uptrend, it is starting his bearish cycle at the price of 15448.
The Nasdaq has now rallied strongly and has left its green target zone between 15 292 and 14 431 points. The next target is now the resistance at 16 062 points and a further rise to around 17 500 points, where we expect the high of the orange wave i. It is important to note, however, that it is also possible that the high was already set in July. This alternative...
Nasdaq (NDX) broke above the 1D MA50 (blue trend-line) and has almost reached the top (Lower Highs trend-line) of the Channel Down pattern that started after the July 19 High. The 1D STOCH RSI Bearish Cross suggests that this is a sell opportunity on the short-term at least, towards 14900 (0.5 Fibonacci retracement level). But what if this is not a Channel Down...
Link to chart: www.tradingview.com Last week, our EOW targets were easily and beautifully hit. Great work team! Crazy bull run that I was expecting to fill later this week, but it has done just that. We pushed close to our 3HR supply, and with this insane volatile news week, looking for this push into this area for either rejection or continuation. With war,...
Nasdaq / US100 is about to hit our second target (chart at the end) as it is approaching the Falling Resistance. Our strategy was purely based on the identical patterns of July-August and September-October. The index is close to a 4hour MA50-100 Bullish Cross, signalling the end of this uptrend. We estimate a peak no more than 15350. If accompanied by a 4hour...
ICT Price Action: Entry at resistance gap Stop loss at 100% gap filled Take profit at confluence of 50% opening gap with bull gap
Hey Guys, i have posted and discussed the game plan for tomorrow and also some important levels and my reasoning behind these. Let me know if this makes sense and resonates with you all.
Day Trade Market Condition oct 09, 2023 levels for NQ ES CL BTC watch the table left side for trade, right side for trend I hope this message finds you all well. I wanted to take a moment to express my heartfelt gratitude to each and every one of you who has supported and engaged with my trading ideas and posts here on TradingView. Your views, comments, and...
Nasdaq is on two conflicting patterns on the short and long term. The Bullish Megaphone that drove it out of the Bear Cycle after the late 2022 Triple Bottom is still holding and closed last week with an emphatic rebound but at the same time so is the short term Falling Wedge that started the correction on the July 19th High. This conflict and medium term balance...
After the very high non farm payroll data but slowing wage growth as well as the unemployment rate which is still in stable numbers, the increase at the end of last week showed that investors considered good economic conditions. apart from fundamentals, from the technical perspectives a bullish candle was formed at the weekend, but by looking at these two aspects...