Hello traders, Nasdaq/US100 signals we bought last night 12800 exited @ 12855--> +55 Total in 5 days --> + 672 points 💰💰💰 Let us know in the comment section below if you have any opinions or questions. And PLEASE smash the LIKE button. 😉
Looks to me like we get the usual Friday afternoon pump, a gap up Monday then selling resumes. Not playing it, might as well wait until Monday. If MFI gets overbought again, then short. Also, intraday chart pattern for indices, especially $SPX looks a lot like Tuesday.
Applying the pure price action concept on NQ on a Friday. This tool is powerful when you submit to it and stop fighting it.
For 2/26 #nq_f * Y'day balance 13149 * ON balance 12799 * Weekly balance 13101 * Control 13017-147 * Longs above 12966 target 13128 then 13266-466 * Shorts below 12966 target 12867 then 12784-649 *
NQ, ES, YM, and RTY MFI all oversold so probably a bounce today but don't sure me if it doesn't go up, lol. It will probably fade the gap up a bit before heading higher. Chart looks the exact opposite as yesterday, nice whipsaw, lol. Probably staying out, not feeling very bullish, but yields went down overnight, so it should go up.
Chart says all. I do not pretend to know WTH is gonna happen tomorrow, can't even see 20 seconds into the future fgs. IF this plays like I think it might, gonna get Beary Ugly PDQ. See divergent indicators; the major indexes also diverge, DJI at new ATH while this struggles back to the breakout point. Gonna reject under the TL IMO. I'd short this in QQQ March...
Hi mates there is my opinion on next market movement on CME_MINI:NQ1! NASDAQ:QQQ in couple weeks and months ahead. In smaller 4H timeframe already formed head & shoulders pattern which yesterday touched its neckline. But i mean this pattern will fail and price going to form right shoulder on daily and will retest upper trend line of price channel. Today lot...
If the current support line break it's going to be worse
Hello Trading Family, We can see that NQ1! is currently trading inside these two brown trendlines forming a channel. Here are the two strong zones where I will be looking for high probability setups: I call them War Zones, (highlighted in Orange circles) Zone 1: Lower Orange Circle (12500) This highlighted orange circle is a strong area to look for buy...
Not going to get into the details of surging bond yields that are causing havoc across markets, just gonna display what I see on the charts and potential scenarios that could play out; both bull & bear. Let's start with bear since it's more prominent; - NDX closed below 50 day SMA/EMA moving averages and a crucial uptrend TL that connects March & October lows....
The rising wedge on the Nasdaq is on support and needs tp hold. If it breaks to the downside, it could be possible that we go down to lower support just above the 12000 level. Balancing act here. I'm leaning towards the more weakness side going into coming weeks. The Nasdaq just seems too frothy and speculative and might need to shake some weak hands. Neutral...
IS THIS THE DIP- I have been following the recovery using the 2008 crash recovery pattern and it is beyond belief how closely it is following give or take a bit Nasdaq has overshot actual high by a few weeks first posted Jan 28th, so I have just dragged it along a bit to form fit better. If the Nasdaq closes below the red line, breaks Support, which usually...
i think it wont go lowe, from support, this is an idea pleaso do own ta before taking a position. good luck
Even the bull scenario has it going down next week.... I think the market gets a stimulus pump tomorrow. All cash, no positions. NQ is almost oversold but not quite there which means it'll probably hit it premarket tomorrow. If the market gaps down tomorrow, I might try for the gap fill. My chart has tomorrow as an up day but not playing it because it...