NAZ fell below KL 16922 and held at support of 16900-910. ML O/N is 16924, Boxes are target and TZ's Turn Zones. White arrow is long zone and yellow is Short. NAZ is still inside the Outside Day Reversal of Wednesday and O/N High of Thursday. Need to see what the Open Drive of today will show, pattern has been 1st move drop with lift in the Dead Zone. Look for the...
Yesterday had it all, up /down bar ratio (any time frame), Air Pocket, Divergence, the works. This set up a good drop test and now the O/N has lifted back 100 of the 300 point drop, typical 2022/2023 game, we will need to see if that will be part of the games/tricks in 2024. KLOD is 16867, O/N ML is 16824, FA's and SZ's are your targets. May be last good trading...
Actually put this arrow formation on yesterday while scrolling through my charts and Wham.
I did it once before also on the Nasdaq during Covid Recovery, Wham again but it copied previous past pattern to the day the same down candle, I was posting Nasdaq at the time also because of that it's there in my past post.
These previous patterns do play out quite often...
ALERT= filo 141% daily chart show Nasdaq upper target is 21000 in long term
2 way for Nasdaq possible , go up to support( I predict 1 month ago) or go down to support ( we must buy there) then start new up trend
STRONGLY ADVICE DONT PICK SELL , LOOKING FOR BUY IN LOW after buy pinbar come
if you have open old sells, you must wait for 16460 and close or...
Price action rules suggest that once a trend line is broke, we tend to make a new extreme before the reversal. As we can see here, price has broke, made a new high, and is not stagnant.
Just as horizontal break and retests are a thing for support/resistance, angular break and retests occur on trend lines as well. It'll be interesting to see.
Short Term Elliott Wave View in Nasdaq (NQ) shows a bullish sequence from 10.26.2023 low favoring further upside. Up from 10.26.2023 low, wave (1) ended at 16208.5 and dips in wave (2) ended at 15721.25. Wave (3) is in progress as the 45 minutes chart below shows. Internal subdivision of wave (3) is unfolding as a 5 waves impulse Elliott Wave structure. Up from...
this bullish is didn't make sense !
but nq also make a newhigh & break the resistent ?!
not sure will be a continuation bullish
i do SELL
hahahaha
no reason why,
but i saw NQ has a low volume but the price always going UP
so... BEWARE.
disclaimer
DYOR
