NQ1! NAS100USD NASDAQ 2023 AUG 20
Scenario 2 short yielded handsome profit if you had followed 07 Aug's
analysis. 18 Aug's bar showed some demand.
CME_MINI:NQ1!
Possible scenario:
1) Continued short opportunity if market test downward trendline and is rejected
2) Market tests breakdown area 15138-15511 (yellow box), and is rejected = short
Price...
Here we can see the next move for NASDAQ100 (US100) on the M15 time frame we're using for a clearer view of our analysis, Do remember we're still in a Continued DOWNWARD MOMENTUM, The over night rally has been sold into & there's scope for further BEARISH PRESSURE going into this session, So bare in minds this is going to be a quick SCALPING uptrend move before...
The Nasdaq 100, also known as the Nasdaq 100 index, or US tech 100, is a market capitalization system featuring more than 100 of the largest publicly traded non financial businesses on the Nasdaq composite index.
On Tuesday, U.S. stocks closed in negative territory as Walmart earning alarmed investors, the Nasdaq 100 ( US100) dropped 241.51pts (-1.96%) to...
there is a Descending channel forming on 4hr timeframe and there are few fundamentals factors involved nowadays so, if this channel is valid on proper confirmation we will look for short till our target.
this is not any financial advice so trade at your own risk.
From what I can see price has created a higher high and retested a level that had previously been broken
We can now see price has broken back into its support level and is gearing up for a long
Will wait for confirmation before placing this trade but If it plays out I will be taking it to resistance which is has been marked on the chart
NASDAQ as seen activated 14200 to 14500 from previous analyses, SO currently now in a bullish booming trend, However the buys exhausted now for some corrections for a lil bearish retracements to atleast 14200/14k before any bullish continuation with respects to the trendline.
