NASDAQ 100 Index FX:​NAS100

Nasdaq has gone so much up lately and I think it will turn downwards next three years. Target 1: 3500 (52%) Target 2: 1760 (76%) When: April 2021 and May 2022 / January 2024 Stop loss: Above the resistance arcs. Arguments: - 2 different Gann Squares says it made All time high last week. - Gann line from the Gann Square is saying the same. - Gann Fan line also ...

Sell after corrective pull back, simply to catch wave 3 or c decline

-dangerous as going against momentum play -would have to cross over and up

So we entered a short position in the NASDAQ. The price came to our are reacted as we wanted, and we pulled the trigger. Now the fact that the market approached our are with this type of strength it is possible to see some price action against us before the market continues the down trend if it does. Sort of the Price Action we have been seeing with the DAX.

The NASDAQ100 is not looking good at all. I think it is quite close to the edge already. Who knows for how long it might go on... But if it does drop the next target would be 6200. Likewise the next targets for the major US indices would be SPX -> 2550 IXIC -> 6650 NAS100 -> 6200 DJI -> 22850 So I don't know about you but it *might* be a good idea to take ...

NAS100 day chart short idea sell limit at 7388 SL: 7700 TP: 5500~5800

This an Elliott corrective wave movement

The price bounced from SMA50 but it could not develop further upward movement. If we get a new bearish candle today, probably it will be a signal for the falling to the support zone formed by 7200.00 level and SMA100. Buying from this zone will be more logical based on a confirmed reversal signal. Stop orders for long trades should be placed below the local swing ...

-only below 7085 (currently above ) -crossing below only -trend would start above in breakout move.

-only if below line (currently above no trade ) -already past one breakout level, momentum -line is a 2nd breakout level if europe momentum on brexit

had to expand the downtrend channel, although the break of original channel that i posted a month ago saw a decent rally. breaking of the big channel and then consolidation will be first signs this correction/bear market is coming to an end . but the break of the smaller channel should see significant short covering rallies in to the upper side of the main channel

stop loss 7250 take profit 6400

In case price break down this current support, we will go south, and 2019 seems to be a very bad year for USA economy also politically Trump may face impeachment within the new congress, or at least his projects will not pass causing a lot of problems to his administration!!! tighten your belt!!!

pyramid at 3 no compound, daily

One chart says more than thousand words.

-dangerous as there is a recent gap below, -only if orange line holds (currently not above it, no trade )

expecting something like this next week

E' un'ipotesi a dir poco folle in questi giorni...sono i giorni della negatività assoluta...ma sono quelli che producono sovente l'inimmaginabile. Molte cose devono girare per il verso giusto...cose politiche...cose economiche... ma andiamo al tecnico...il pattern è il rarissimo BUY CRY AND DIE...l'ultima volta che si è visto sul ndx è stato nella primavera/estate ...