Not touching it at this point. This is has more room to go lower, NQ is def the one which doesnt like the rates hikes
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 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!
NQ is going after the breakdown zone test as well as the mid Bollinger test. Seems we will sell off after the numbers and test the bottom of the channel and then move up. My game Plan for tomorrow is buy the am low
I know there are too many lines for some, but they are important to me. Just pay attention to the green trend channel and the blue doted mid of the channel line NQ is supporting a view I have on the SPX, looking for some lower (NQ down to the low of the channel line before a fakeout.
12470 is a must hold, or we are going down to test the low of the channel Im buying here with a stop for a rally to AH's highs and ideally more Bullz are running out of time to push it higher
Loose 12400, we will see 12100 12385 is the second trendline support. Lots of confluence to hold from the open! Im stating longs here
Stop above the high. Low by Tuesday, then continuation higher, possible W pattern if zoomed out
Main support zone! 12400 must hold on any test attempts for higher levels! Im seeing this structure short term bearish, medium term is bullish. A move down to 12100 is what Im looking to get hit before we continue higher to well above 13000 Supports: 12550 12495 Main target 12100 Im expecting a low to get hit by sometime Tuesday, pathway is shown on the chart
after having an uptrend we will see a downtrend after having a force breakout of the range
Markets made their capitulation lows today. I expect higher prices from here, NQ first stop 13k.
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...
I have rarely seen so many analysts on Tradingview turn bearish on NQ. Guess what... It is most likely a trap. The trendline is holding and so far the structure appears corrective - respecting the appropriate fibonacci retracements. This means there is a potential setup for a sharp move higher into 15,700 - 16,000 as long as the lows hold.
Here we have some levels on NQ I am watching in the short term. Liquidity premium is coming off higher levels and starting to normalize. The previous upside niner could act as a reject or send it level. If you have anything to add feel free. Thanks
It's Friday guys, On Friday's, I do the watch-hour close clips. All we do is watch to know exactly what the market is thinking and reflect. So, my best bet is---the bears might just be trying to continue what they started. What's yours? Remember, Trading is fun but, risky! P.s---Watch the full clip to get the tea!
We are now expecting the Nasdaq to trade higher than and directly surge past the resistance at 16768 points. The bullish behavior is a clear indicator that the course does not want to fall all the way down back to 15295 point. This, however, remains a viable option within the frame of the alternative scenario which receives a probability of 40%. Start you week right!
It's getting almost ridiculous to post the ideas when the market is trending up with no sign of backing off. Shallow pullbacks are bought. From technicals view the price does what is supposed to do. A breakout of the previous swing high and continuation. The next week is a Holiday week which is seasonally bullish. We may see smaller daily ranges. I personally...