As already predicted before (26. 01 & 25. 01 ) NASDAQ is up. We are now at our predefined target no. 1 (see previous posts) - which is the EMA 200 line (orange line). Adjust your stop loss to the level of 14602 (below the support) or close your position now (to reopen it after a possible rebound). The second long target stays the same - which is the lower line of...
As already predicted before (26.01 & 25.01) NASDAQ is up. Now also RSI & SMA are signaling "buy" (see the intersection in the chart). There is one more up expected - to the SMA 200 (orange line) and as a second target the lower line on the long-term trend channel. If you like this analysis - thumbs up! ________ 🚀 Follow for daily posts 🎯 About my posts: They...
As predicted yesterday NASDAQ is up. RSI - SMA is signaling "buy" if the course stays the same level by end of the day. Target is the lower level of the marked resistance area (green) or the EMA (200) orange line, where we can expect some resistance. The third resistance and target of this swing is the lower line of the long-term trend channel. Hope you picked...
I think we can expect a reversal to the upside if can get a nice rejection from support. Nasdaq can't drop more.
I think we can have a reverse to the upside if we don't break support. Nasdaq already made correction, so we about to shoot back up. Lets hope so.
Pinbar in the daily chart is signaling a slow down of the downward trend with a potential up within the next days. Target 1 is the Resistance Area and Target 2 is the lower line of the Longterm Trend Channel. Don't forget to put your SL below the Support Zone in case you pick long now. Likely the Support Zone will be retested. ___________ 🚀 Follow for daily...
NASDAQ is approaching the next Support Zone. Picking long around 14040 with stop-loss is possible. On the daily chart, I do not see any clear indication yet, which is signaling that the downtrend is reversing. _______ 🚀 Follow for daily posts 🎯 About my posts: They are kept self-explanatory in order to avoid overcomplicating and confusion. Mostly price signals...
As I predicted already on 12th January NASDAQ is down - now in the marked support zone. I hope you picked short as suggested. In this chart, I added the next support level in case the current one will be broken. More likely we will see a drawback to the orange EMA 200 line or to one of the Fibbonacci retracement levels. It is possible to realize the gains on your...
Our previous NAS100 chart has confirmed a strong bearish signal on our daily and weekly timeframes. Please not that I have adjusted the target after noticing that it was off. Once we reached this target I will send a long term signal to reach a new all time high. Please note that 99.5% of my ideas have hit at least TP¹ & TP², 87% Have HIT all TP's and at most 8%...
We could see the tech index start off with a pullback tomorrow however, it will be confirming the bullish move. NASDAQ100 has been respecting our channel for many months now, although the Omicron virus is looming in the United states of America, we saw a pullback at support assuring investors that the Index will follow the restrictions the market has created for...
In my Primary count I have the Nasdaq either finishing a minor wave 4 at around 15950 before rallying to around 17k +/-200pts reaching the 161.8%(17060) extension target from intermediate wave 1 to complete intermediate 3 and then correct 10-15% in intermediate wave 4. The alternate count is that we are already in intermediate wave 4 correction
As I predicted already on 12th January and again stressed out 2 days ago NASDAQ is down - approaching the marked support zone. I hope you picked short as suggested. Close position near the suggested area and wait for the rebound in order to go short again. If you enjoy this analysis thumbs up! I added another Fibbonacci retracement to visualize the suggested zone...
Short Call *AB=CD in Play (Target 14463) Retracing From FIB 0.5 *Bat in Play (Target 14670) Entry in Hourly or 4 Hourly Frame when touches bearish trend line Stop loss 15174.1 Long Entry near AB=CD target or Bat Target Stop loss 14346.4
US100 is breaking long-term support. Expected to bounce back at the marked resistance area (red). Thump up if you like this analysis!
US100 has broken out from its daily ascending bull channel in what we can expect to be a short term correction. Also, price has broken through the previous support and is now heading to the new support level, we can expect reversals around 14,500 to 14,300. I will continue to monitor price action to give an update on the validity of my bias. Good luck trading.
Wait for double Tab on lower long-term Trendline and then short.
Charting NASDAQ:NDX With a 7% inflation is kind of a challenge, stock market doesn't like high inflation. However, a traders job is to react not to predict. Based on current price action and the rejection we are currently encountering off the lower wedge of the corrective channel, there are some evidences for a push higher targeting 16,200. Beyond that? is hard...
Lets see the big move to the upside Nice swing trade.