Hey chat, so today's Good Friday and the market's closed. However, Here's the view so far. So the Nasdaq100 bears got their strength back after the whole negative news releases and sentiments. The question is: Where's the next Lower-low? On the weekly, the next fib level is at: 0% - 13319.. Funny how that guy is still going down. Is it a possible reach? Weekly...
Hwey Traders, Good-morning so the Nasdaq100 bulls have been trying their hardest to get back into this market. With the VXN down, That isn't so hard now. Anyway, I'm looking at the recent supply zone (previous LH at 14300) waiting for a Higher-high if gotten, then I'll consider sells. If not, then I'll go short. What's your plan for Nasdaq100? By the way, In...
Hey chat, So the bulls came out of hiding during the CORE CPI which had a low reading by the way. I actually thought that was weird till the bears returned. Anyway, do you see that we finally got a gap fill in VXN. What are the freaking odds right? The fib levels have been pretty useful lately. The 50 and 38% daily fib have all been hit. However, we got a bounce...
Hey chat, so the Nasdaq100 is currently still bearish as the bears are still pushing. The weekly 23% and Daily 50% got smashed today which are 14044 and 14146 respectively. Now, the bears are looking at the weekly 0% and daily 38% which are: 13319 and 13894 respectively. The bulls coming back might really be a huge surprise. However, for now, I don't see any sign...
Who’s In The Nasdaq And What Are They Doing? Last week, the Nasdaq100 fell. In the previous episodes I said, “I’ll be looking to short the Nasdaq100 if the 15,000 remains a resistance. Shorting it to next support level at 14,680. However, if that 15,000 turns support, I’ll be looking to buy the return of the bulls—at least back to 15,200. What do you think?”.....
Alright traders, first of, what is Nasdaq doing? These bulls are bears are at it again and I can't help but wonder what they plan on doing. The bulls have gotten to 14322 which was an initial higher-low plan but it's looking like there's a problem. Accumulation phase with bears looking stronger. Daily showing signs of an inverse head and shoulder.. Just got a...
Hey traders, If you're seeing this one, it means I was able to post this. The Nasdaq 100 dropped 2% after that double top showed up. I described what looks like an inverse head and shoulder forming, where the bulls are going for that higher-low. The VXN on the other hand hit a resistance at 30.50 and if this is just a retest to the 28 point support, then the VXN...
Hey Traders, today was messy but I pulled through anyway, Look at the new idea I've got. Currently, the VXN is headed for support making the Nasdaq100 bullish. However, don't really know what supports holds. I'll be taking longs till then. If the 15200 level is retained that would mean something else. Watch to see my bias. First plan: VXN chart: Hey trader, if...
Hey traders, so I talked about all the trades I took today. I have a new spread-sheet. Check it out.. also, let me know how your week was. If you like my idea and videos, leave a like, comment, a nd follow me for more. Cheers, Lazyluchi
Hey Traders, the Nasdaq100 has created a new Higher-high at 15200 leaving a strong resistance at that level. The Initial jobless claims today came up with a 202k negative reading. The VXN on the other hand, is looking great at that support level although, we might resume the bearish trend soon. There's NFP tomorrow and I can't stop thinking of what the outcome...
Who’s In The Nasdaq And What Are They Doing? Nasdaq bulls are succeeding! I mean, most of the anticipated resistance in last week’s chat.. Have all broken and turned into support. On the 240, you can see the clear uptrend (higher-highs and lows)—However, there’s a wedge and bearish divergence. Furthermore, the Nasdaq 100 has been respecting said, “wedge”...
Who’s In The Nasdaq And What Are They Doing? Nasdaq bulls have surpassed the 13600, wedge trend-line. Last week, on Nasdaq What Now? I spoke about the bullish divergence that was visible for a while. Well, these bulls took that seriously.. We got a massive breakout. Even went as far as, passing the 14,000 resistance level and turning it into support. In this...
Hey y'all so I wasn't at my finest this week. Had loads of technical issues and I couldn't keep up. Haha! occupational hazard. Anyway, I was able to take a trade that gave me some great pips. This week, the bulls took us by surprise. This is how my week went, How did yours? P.S: After this video, stay tuned for the strategy used and how to apply it.
Bulls have had a nice and surprising push after fomc to the upside this week. Will be watching if price respects the DT line and will consider this an uptrend day in a bear market instead of an official uptrend reversal period until DT line is broken and value created above. I like longs above 500 as there is plenty of space for bulls to prop this up above there...
Hey guys, It's the second week of March and I can say for a fact that: these bears are probably not done. However, the bulls keep leaving signs that they are coming back soon. signs like: bullish divergence, falling wedges.. I also, talked about the high impact news to expect for this week. Wednesday has a lot going on for her so: be careful on Wednesday. Stay...
Nasdaq 100 has finally touched the 0,382 retracement (measured from wave 2 to wave 3) to put an end to this wave 4 correction. It's interesting to observe that march 2020 bottom is wave 2, unlike other indexes whose march 2020 bottom is wave 4. The same situation happened on 2009 bottom. Now Nasdaq is going to build wave 5 towards 20000.
watching for it to go up first and fill the gaps before falling down from tomorrow on Thursday. Watch and study price action in the charts before entering in the mentioned/marked zone. Cheers.
Hey y'all, here's my review for this week. Learnt a lot this week, from my strategy to, the use of trend-lines, to zones for targets and risk-management. I've seeing stuff clearly now. Watch to know how I performed. Cheers.. Keep following, smashing that like button, and leave a comment. Don't be a stranger! Love, LazyLuchi