Nasdaq made a correction as i predict in my previous forecast. Now it dropped to very important trendline which i think is a key level for the Nasdaq. I think that it’s going to bounce from here and looking for a new all time high.
The correction continues. Target prices are in the map.
Check the chart for a possible Uturn on the Nasdaq100.
Still more drop on current level to 12900. If price closes above the 13000 psych level on H4, buyers will charge in to reverse market back up. Else if the daily demand fails to hold which is unlikely, market will plummet down to 12000. Bulls are higher probability in this scenario. All the best. Comment Like Follow Inbox Namaste
The Nasdaq fell more than 2% on Tuesday after Treasury Secretary Janet Yellen said Tuesday morning that interest rates in the U.S. might need to rise in order to prevent an economic overheating during the pandemic recovery. Rising rates would affect the valuations of growth companies, and many investors have been worried that an easing of monetary policy could...
Based on Yesterday's trade Idea on US 100, In the 1H chart, we can see the Rejection as expected yesterday. looking back on the H1 the market a new LL and start going to the Fib 38.2 Retracement+Minor Resistance as shown in the chart. I expect the market to make a new HL as a fakeout where the entry area and Rejection from the Resistance Trend line would be more...
Market closed towards the US session highs. Currently trading within the Value High and Low from the US session
Having seen the price action take the buy limit orders placed in the overnight session, it was good to see the sell limit orders taken in the US session. Would have been a good trade to catch. The TP 1 has a 66% chance of hitting after the Initial Balance and that could be the turning point ahead of tomorrow's US inflation data. TP 2 had a 33% chance of being...
Short term Bearish Long term bullish Expect further down movement to at least 12900 before the bulls take over Pair is still within the ascending channel *Trend path was drawn on 27th April, Nasdaq is respecting this path. Note the pair could fall below the channel
yesterday NASDAQ rejected on the daily M formation Neckline n momentum created to the downside to today open, I am expecting to come to some minor retracement to the upside till the 38.2 retracement level and break off the H4 major trend line would be a nice opportunity to go short n ride the continuation of the trend to the market structure of the weekly zone ...
Since October 2020, the price has been moving in a strong upward channel. During this movement, it bounced off the resistance line - the channel border - 14037.4, broke through the nearest line 13567.2 and fell to the support line 13184.6. The last breakdown of this line was false and happened back in March 2021. Therefore, I expect the price to reverse and rise...
Momentum is to the downside for day traders. Price action has signalled that 12600 is now back on the target list for the Daily time frames. I'll be looking to see which way they grab liquidity first and then look for the opposite side to be targetted.
These are the levels for the US100
My past forecast came true. After a false breakout of the support 13680.9, the price returned to the line. Reasons for the following growth: 1 - strong support for July 2020. 2 - the fact of a false breakout. 3 - previous corrective fall. The target is 14272.4. -------------------- Share your opinion in the comments and support the idea with likes. Thank you...
Scenario : Sell Stop Entry Point : 13713.0 First TP : 13600.0 Second TP : 13400.0 Key Levels : 12866.0 , 13713.0 , 14065.0
powerful buylimit place with SL=50 you must put , if open dont close before high note = going down dax ,dow (will push US10year yield down) can push nasdaq up too advice =looking for buy ,dont pich sell signals