Holding am high will get us eventually to 13205, ideally tomorrow, then another good size bounce on Thursday.
I have sent a bigger update to those who are on my email list with an updated SPX chart, which I will post tomorrow after I see reaction of my main target. NQ update for tomorrow: - NQ Maj support is at 13510, break it below and retested will be a perfect short for a trip down to 13130-200, depending on the time of landing. - NQ I have also a good fib confluence...
Tomorrow is a day for the high, the day after is a turning day. It can extend into 13806 and 13866-88. Want to see a good size pullback into the 26th and then possibly one more push into 14k zone. 200% extension off Jun lows is at 13866 Im short 2.5NQ as of close, will take profits if we get a good size pullback.
NQ has reached upside targets (13705) and 61.8% retracement of the second leg decline. Short it here with a stop above today's high looking for 13k or 12900 even.
The rise over the past week is very strong and his mother will probably continue to rise strongly if God wishes and thanks
Zooming out, NDX looks strong, as per EW rules the 5th wave must match the 1st wave in both time and %. That said fomo can obviously send the 5th much higher and also terminate the trend earlier. But for now in respect to the fact that EW is not a crystal ball , I would say that since I am counting the 4th wave finished on the week June 13th 2022 the bulls...
NQ is below 200MA, recent high is a main resistance going forward Resistance 13068
dear traders i saw nasdaq has react fropn demand zone it means investors are intresstiong to buy nasdaq accourding to that i expect nasdaq will reach 12200 you could take te trade nicely
Even if it is almost late, but we are on a high time frame (1day) and the target can still give us a very good profit. So first of all, the nasdaq bounced on the MA 50, which was the first long signal, secondly we're getting near to the EMA 201, which is meaningful, and the nasdaq after all the way, it really needs to hit the EMA 201 and the key resistance. In...
Not much to add, didnt trade today, didnt miss much. Im flat at the moment except few ES under the water shorts (I always have long term runners and only have 30MNQ going on the long side against 20MNQ short; no more long term ES, more on the short side, all long term holds, as Im fine to take a heat on some) Will be shorting tomorrow am if we get any higher,...
NQ went down into the upper trend channel into the close, fake breakout imo. This move should be over tomorrow if it was not today. My turning day is 4th on SPX and DOW. There are 2 targets I have on the downside and I favour second more then the first one. - 12500 - 12075 The low should come on the 15-16th and one more rally into EOM or early Sep to finish the...
While ES has a different look then the NQ, NQ is hitting the top of the channel, Maj support is at 12610-20 now
Going to short the next bounce with a stop above the channel Seeing signs of topping pattern, still can press higher, but SPX is lagging behind with making lower lows
Low mid month, high into 13900-1400 zone by end of Aug or early Sep. This is going much lower into Oct low! Planning on exiting all the long term longs around 13910-14000 zone
NQ almost hit my target zone, expect a test of the mid channel if not more. I still day trade this, no swing positions, only ES from Fri. All depends on how we will be closing today, might enter with either long or short for tomorrow Tomorrow is a turning day, it can be a move in one direction. VIX has a long signal, be careful if long indexes
Engulfing candles on Nasdaq at 30 minutes. Artificial Pump is over. I really do not understand how idiotic could people be buying #stonks from companies after their negative earning reports and fed hikes of interest rates. How could one invest into something knowing that it will lose your money. Imminent #bigcursh coming - big companies reporting negative...
In the daily frame, I expect a correction til the white box and then probably have an upward movement towards the blue box. Considering the conditions of this week, it is better not to go further than this.
A beautiful and very strong rise and he penetrated a strong and pivotal resistance to define his strong upward trend