He moves a strong, rising, beautiful opportunity, but he has a very strong top that he breaks through, and in case he can't break through, he goes down again.
RSI headed up MFI headed down, Germans pumped teh crap out of it in a span of about 5 minutes, probably more fake news from the French president, lol. Had I not charted the weekly stuff last night I'd be tempted to short this pop, but I'm just gonna stay out until next week. No idea WTF teh Euros are doing, don't car. When MFI gets oversold next week, buy...
NAZ Overnight tested KL 13495 (mentioned yesterday), look for Drop/Pop today. After Open, NAZ may drop to 13726 and bounce to Upper Target. Short under 13726 and Long above. KL's 13726 Upper / 13495 Lower
On 24th February 2022 the Nasdaq 100 index plunged to as low as 13 025.75 USD. Then on 3rd March 2022 it saw a rebound to 14 391 USD; and then on 8th March 2022 NQ1! started falling again before halting its decline at 13 103.25 USD. Shortly after, this was followed by another rebound in price of NQ1!. We think market participants are growing increasingly anxious...
Weekly chart for 2008, you can see NQ went oversold in March then bounced until beginning of June, then all hell broke loose. I expect a similar scenario, this summer. We're heading into a recession, but everything is oversold so the market has to go up anyways, lol.
MFI scrolling down. I posted a weekly chart a couple of minutes ago, it looks like we might get a big rally coming off the Fed meeting so watch out. If short term (3 hr) and long term (weekly) indicators line up next week, it's gonna be big. Also, $NDX and QQQ hit oversold on daily MFI as well, but NQ1! did not. I thought that was odd. That being said, I'm...
So previous chart showed how rare it is for the weekly to go oversold, but RSI is still headed down. If the weekly RSI goes oversold with positive MFI divergence then I think I have to go long, and I'm quite the bear, lol. Been getting harder to find garbage stocks to short anyways. Though I think CHWY still has more room.
Finally figured out why the market is getting so pumptarded, the weekly MFI hit oversold, lol. I was looking at the weekly for a different reason, but that explains things. Weekly MFI getting oversold is a rare event, just look at the chart. The big question now is if weekly RSI needs to go oversold before we get the big bounce. Will post a zoomed in chart in...
April Fools Day is right around the corner. Anyone foolish enough to think NQ, on this date, will close over 15,200? Call me foolish but I have a high conviction this price point will be met by this date. Should this happen momentum or the lagging span (within the rules of Ichimoku) will be above price on the weekly close which could create a squeeze the...
I am very happy that I made the right decision and shared this chart, even more so that it went right in terms of prices and time. What I would like to say is that nothing we are living in right now is accidental. Puppet leaders since 2008 have made mistakes that they did not solve. All they did was print more money. At some point this bubble would burst and in...
This is the most likely path if the countertrend rally stops at the .382. Probably will play out overnight but watch for shennanigans like stop hunts into EOD cash close. This is probably the last leg of selling before a larger rally. at the completion of C we will likely see a Wave 3 explosion. IMO if you can get a long in at 13320 you should be rich by April.
1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts... Disclaimerj
When we look at the daily we see that the price was in a downtrend In addition to the appearance of the oscillator divergence RSI also This applies to 15 min Which suggests a change of direction in the opposite direction I think price can start to grow to our target So be ready for such scenario. This is an article, not financial advice, always do your own...
Original post on 1/23, NAZ back in a Buy Zone. YTD the NAZ is near the 20% decline form ATH, we may see a technical bounce toward the Red Circle and Mid TL.
Title : NASDAQ ( NQ1! ) , H4 potential for bearish dip Type: Bearish Dip Resistance: 13979 Pivot: 13791.25 Support: 13110.5 Preferred case: On the H4 chart, price is near pivot level of 13791.25 in line with 50% Fibonacci retracement . Price can potentially dip to the take profit level of 13110.5 in line with 61.8% Fibonacci projection . Our bearish bias is...
Hello my friends, today I want to talk with you about nq I think price can start to grow to our target So be ready for such scenario. This is an article, not financial advice, always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with your like and...
I've been following this development for months and the day of reckoning is almost upon us. That day is the dreaded breaking of a Head and Shoulders neckline. This is the most well known of all technical analysis patterns and if (when) that neckline is broken it gives us a rather clear target where to begin looking for the fall to stop, as the height of the H&S...
Can we please stop bidding, so we can send this back to sub 10k. Thanks in advance Herbert.