Contract - CME_MINI:NQZ2020 - High - 12336.75 - Low - 12286.00 Current Stats - Gap: = +0.52% - Session Open ATR: 233.40 - Volume: 31k - Trend Grade: Bullish-Neutral Key Levels (Rounded - Think of these as a range) - Long: 12440 - Short: 10665 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for...
Technical analysis. The wave2 course is the difference between weekly and monthly level. We will find out soon.
Copyright Rohan Karunaratne 2020
Good luck this week, please do your own due diligence and research before taking positions in any of these names. Earnings This Week: ZM Nov 30 CRM Dec 1 HPE Dec 1 CRWD Dec 2 SPLK Dec 2 ULTA Dec 3 DOCU Dec 3 MRVL Dec 3 KIRK Dec 3
Ascending price channel. Looking for bounce to new high over 12340
this 3 hour chart shows the Dual RSI moving OB to set the resistance level and OS to set the support zone. A close above recent red dashed line resistance and we'll look for a move to the next resistance level. Trade Ideas: QQQ Call Options NQ / MNQ Futures swing trade with 40 - 50 point risk
A demonstration of previous day value area, fibonacci extension and price action analysis. Remember to use your stops and trade with a plan!
The NASDAQ can be shaken to complete wave2. Perhaps it can peak between October 1st and 2nd.
Nasdaq 100 futures appear to be setting up for a head fake of the pennant in progress since July. While this could potentially be the beginning of a major breakout to the upside, volume in recent weeks has continued to fall as the price has risen. Additionally, ROC indicates that momentum has not reached levels to the degree of previous attempts at the same price...
NQ likely in a B leg up, will shortly complete and initiate a C leg down, expecting a large pullback here before beginning a run to ATH's.
NQ - the smaller W (blue fibs) within the larger W (red fibs), suggests pullback to perhaps 12030 before a move up to the 12257 to 12291 area
+1 minor Support Line +1 High time frame (1H ~) +2 Chart Pattern Strategy Quality 4 / 10
Thanksgiving is a distinctly American holiday, where our nation takes pause to reflect on all the things we have to be thankful for due to the actions of a courageous band of dedicated men and women who crossed a dangerous ocean to an unknown continent for the simple hope... of freedom. As traders, I am glad that we all, regardless of our national origin, our...