Hello everyone and happy new year. It's always a joy to see another year and happy to be back to work again.
Here is just a quick outlook of Nas100. We can see that bulls are fully in control. After price made a fake break out on the support of the channel, bulls managed to push price back in. At this point we could see bulls continuing to dominate and send price...
After the release from the Federal Reserve last night US stocks and indcies fell after the news that the Fed plan to intrudcude rate hikes sooner than expected. This has caused the SPX to fall by 2.57% towards the low 4700 levels. This level has acted as support beforehand, this coupled with oversold RSI levels on the 4hr the time frame and the S&P500'S tenacity...
New L.highs?
At exactly 12am, I took a trade. Once the train stopped---but now I'm actually looking at it like, "whether it was the right time or not..."
The market has a funny way of letting you know you're wrong so---I'll just wait to see.
Till then, How has your week been so far?
Listen, trading is risky and not easy. Be sure to not trust anyone---even...
NASDAQ:NDAQ Has been quite choppy last few weeks. I believe the index is setting up a decent rally after 1 more test to 15777, target would be 17500
Follow for more updates...
#AHMEDMESBAH
If bears have today, what happens tomorrow?
Anyway, hey guys---watch hour open started bearish after our very own pull-back, came on the block.
The nasdaq100 approaching the middle on the 4 hour, end channel on the daily and weekly respectively. What does that mean for the bulls?
Hello Traders,
I have this view for the nasdaq. Essentially the situation is the following:
1 . We are below the 50-period moving average on the daily TF
2 . 5 attempts to break 16300 dollars on the 4h tf
3 . POC at 15000 on daily
It is more likely to look for a short up to 15 K for distribution purposes
Traders, While US30 (Dow Jones) has been taking a correction, NASDAQ pushed higher. This can created a good opportunity short the market of the confirmation comes. The market is created wedge and bearish divergence based double top set up. Coming week will be very important for NAS100. Trade this market for a reversal carefully as it is still in heavy bullish...
NASDAQ:NDAQ Is now testing a significant zone meeting a fresh ascending wedge and a broken high "September 1st". Price has been consolidating range between 15600 and 16780 for 1 and half month. Anticipating a push higher for 1 more attempt to break the 16460.
Follow for more updates...
#AHMEDMESBAH
USTECH made an X swipe on the top and bottom, most likely to get retraced to 0.79 or 0.705 which I am shorting from, targeting the body of the x swipe at the bottom.
It is not always this obvious but here it is. I am not going to complain about the ease of it. I did not always know how to predict them, I used to suck at it.. Now I cannot miss it. I can give you stocks, indices, Forex, Crypto.. does not matter. What I call it hits!! Then I tell you when to flip it into a buy. After this trade come back for more, I will not...
Friends, let's take a look at the technically aspect of Nas100. From my previous analysis I mentioned of the broadening wedge that needed completion. The overall idea is Nas100 is printing quite a number of bearish setups. With the broadening wedge, there's high probability that price will be pushed to the downside and this will act as a continuation of price to...
![NAS100USD: $NASDAQ100 [Daily] A Potential Drop!](https://s3.tradingview.com/g/gGzlMlsA_mid.png "$NASDAQ100 [Daily] A Potential Drop!")
![NAS100USD: $NAS100USD #NASDAQ100 [D1] Weekly Compass!](https://s3.tradingview.com/p/P0vitgzV_mid.png "$NAS100USD #NASDAQ100 [D1] Weekly Compass!")
