Nasdaq (NDX) marginally broke and closed a 1D candle below the 1D MA50 (blue trend-line) last week but quickly recovered on Friday and this week has established its price action above it. Still it is under Lower Highs following the March 21 Double Top. It is a fact that the 1D MA50 hasn't been broken in 5 months (since November 03 2023) so last week is the first...
I am reversing my bias after the aggressive sell-side breach... I will look for next extension down.
Nasdaq crossed yesterday under the MA50 (1d) for the first time since November 3rd 2023, as well as the 5 month Channel Up. This is a major sell signal as last time it did that coming on a Channel Up (August 9th 2023), it initially dipped to the 0.236 Fibonacci level. Trading Plan: 1. Sell on the current market price. Targets: 1. 17450 (Fibonacci 0.236 as well...
i predict NASDAQ wil go bullish and will reach his historic high
I am short on NQ if it breaks 18457. It touched the support two times already. MACD and RSI are pointing towards the downtrend in short term. I believe it should come down into golden pocket where you can see the FVG as well, fill it first and then decide where to go from there. Short setup on NQ Entry: Take short if 18457 level breaks SL: 18527 TP: 18381 (0.5 fib level)
The Nasdaq, exhibits robust momentum as Friday begins However, signs indicate a potential retracement on the horizon, especially as observed in correlated pairs like EUR/USD. A pullback would offer the Nasdaq, along with the DJ and S&P500 indices, an opportunity to consolidate before resuming upward movement. Market participants are bolstering their positions in...
Nas100 buying it again for a complete wave move to the final tp.
Nasdaq has turned neutral on its 1D technical outlook (RSI = 54.257, MACD = 119.240, ADX = 31.710) for the first time in 3 weeks, after a rejected on the R1 level (18445), which formed a Double Top. If it crosses under the 1D MA50 (which has been in support for 5 straight months), we will have a breakout sell signal and we will target the top of the S1 Zone (TP =...
Hello,Friends! Bearish trend on NQ1!, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 17699.50. ✅LIKE AND COMMENT MY IDEAS✅
Nasdaq has been trading within a Channel Up pattern since late January and as you can see on the chart, every time the Bullish Leg held the 4H MA50 (blue trend-line) halfway (blue ellipse), the price continued the uptrend for a +5% Higher High. This time, the index closed a 4H candle below the 4H MA50, for the first time before a Higher Highs was priced. It is...
The month of March starts with the bullish momentum from the previous month Feb 2024. February closed with strength while creating a new ATH which I expect March to breach with ease. I will like to note: Monthly candle started on Friday March 1.2024 This is only of importance for the next sessions of intraday. Weekly candle has not closed yet. I will add...
The SEED_ALEXDRAYM_SHORTINTEREST2:NQ 4H is currently in a range, marked by a shifting structure to the downside. Despite attempts to regain momentum, buyers have been unsuccessful, as demonstrated by the annotated sweep on the chart. We are now in a holding pattern, waiting for a direction to be chosen. While the overall trend remains bullish, we are in a...
4H short term bearish; medium term bullish; long run bearish so expect dump after all time high this time.
I have many open and long positions in Nasdaq: See Chart I have marked my current positions and also future Entries.... Use lower TF only for long setups. Stop to listen to chats and Social Media to other so called Experts:If THEY really tade, whyy are they 99% of time wrong? And someone who is for hours in the chats and yt ans social media, will never focus...
Using the Wyckoff cycle, NQ could be indicating it's ready for a markdown phase.
Hello Traders Outlook: Daily Chart Summary: NASDAQ's recent action: Cleared sell-side liquidity in the daily Fair Value Gap (FVG). Activated bearish breaker block by closing below 18233.50. Bullish Scenario: 4-hour chart insights: Trend line liquidity intact. Buy-side liquidity remains untouched. SMT with S&P500 and Dow Jones trend supports upward...