Contract - CME_MINI:NQZ2020 - High - 12472.25 - Low - 12435.75 Current Stats - Gap: = N/A - Session Open ATR: 228.87 - Volume: 21k - Trend Grade: Bullish Key Levels (Rounded - Think of these as a range) - Long: 13337 - Short: 10650 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting....
NQ RSI is way overbought, probably not a good idea to chase this. Couls till gap up tomorrow since MFI is still not overbought, but definitely not worth the risk of holding anything overnight.
from what i see could see a break up or below leading to a move outisde of the box
Potential Double Top: Short at resistance + channel structure Three downside targets labeled. Further downside continuation with channel breakdown
Contract - CME_MINI:NQZ2020 - High - 12350.50 - Low - 12312.00 Current Stats - Gap: = +0.14% - Session Open ATR: 233.36 - Volume: 29k - 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...
Short term Elliott Wave View in Nasdaq (NQ) suggests the Index ended wave 2 on November 10 at 11505.33. The Index has since turned higher in wave 3. The internal of wave 3 is unfolding as a 5 waves impulse. Up from wave 2 low at 11505.33, wave (i) ended at 12065, and wave (ii) pullback ended at 11804.5. Index resumes higher in wave (iii) towards 12337.25 and wave...
+1 minor Support Line +2 Candle Trading +1 Good entry point Strategy Quality 4 / 10
Still overbought, but sorta looks liek a melt up
When Apple starts, NASDAQ can also start. The correction may be smaller than expected.
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