there are 2 BASES above the price.one of them is marked with a red box which is related to ( DROP BASE DROP IN 4H TF) AND that one too(white box) but is not very reliable . also pay attention to the SPIKE and UPTREND ,the BASES can play the role of the ceiling of the TRADING RANGE(TR)
If NQ can break the 50ma she will follow up to her next spot of interest. Harmonic pattern also shows bullish direction
NQ is riding the broken down trendline and the top of the channel, also its near the mid of the downtrend channel. I have no good feeling of a direction at this point. Ideally we sell in am and then rally up again to top sometime tomorrow, targets are still 12100-20 and if above, then its bullish and it goes to 12400+ Volatility is going to start rising from the...
NQ is hitting the same top of the channel and the broken trendline. Failing getting above it will just make another good sign for new lows to come mid of the month. Moment of truth is today
Nasdaq Bullish trade expecting higher prices, 12265.00 is the objectif, let's see how this pans out!
Resistance is very strong in this level, can stretch to 825 for a perfect touch. 11800 call from am got fulfilled, it's very close to it, I have shorted for a quick trade here, looking for a possible real move down off these highs, might not come till after the FOMC
NQ is in its bear flag channel, has a confluence target of 11800 and support at 11640
NAS100 USD NQ1! NASDAQ 2022 Jul 04 Week Last week NQ Scenario1+3 played out well for shorts and longs. - Minor strength displayed on all 3 TFs - Descending narrowing wedge ??Is the bottom near?? Possible scenarios: 1) If market rotates = rotational play strategy, i.e. trade at boundary of range 2) & (3) = Behavior change scenario 4) <10000 = Devious scenario...
NQ hit 1.618 off the highs and 61.8 retracement off the lows. Must hold here and propel to 11800+ Moment of truth
NQ is setting up a fake breakdown imo and should be stopped at 11530 zone, 11500 is a must hold for today for any bullish setup going into the EOM Im expecting a good size rally starting today or tomorrow am, so a long setup from a bit lower is something what Im looking for
the price is rallying into a weekly (yellow) and daily (blue) supply zone and I expecting the price drop from it.
Today, the Nasdaq 100 index erased its gains from the preceding day, hitting all our previous price targets for NQ1! and QQQ. Therefore, we would like to update our thoughts on the index. We remain bearish due to fundamental factors pointing to a strong recession. However, technical factors also support this pessimistic thesis. Due to that, we would like to set a...
A bad setup for lower here, better be a fakedown or 10640 is next
Getting some longs here Looking for a support to be found around here together with the ES Looking to hold till end of the next week. Stops are must to have!
Ideally we hold the overnight lows, otherwise next stop is 180 level and 11000-10950. Im leaning up and green close for today going into tomorrow
NQ may hold here for a couple of days/weeks, but if it does not, things can accelerate to the downside. As usual, this is Not a financial advice, good luck!
NQ is going after 3x of extension to 11180 zone, lots of support in 11000 zone as well. So stretch as the SPX. Expect a huge bounce, should ideally hit 13500+ during the summer rally
Use the Mid Bollinger to determine a trending market. So far we perfectly hit 2.618 off the H&S breakdown, next is 300% at 11180 zone in case its really extending. BTW Monday crashes are most important to watch with following tun Tuesday. When Tuesday can get below Mon lows but has to close above Monday's close and Wednesday's close as well to confirm the bottom!