NASDAQ 100 Index FX:​NAS100

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

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

-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

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 ...

stop loss 6100 take profit 6800

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 ...

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

This an Elliott corrective wave movement

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.

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

Started to monitor the asset due to new strucutre low expecting a pullback which will give a possible entry signal to sell. While we sit tight to see what will this asset give us in the longer term we can go down the TF to look for possible scalp trades.

adding more $QQQ, looks like bottom to me, however market will make sure to take you out in fear.. Don't risk money you can't afford to lose.

An apology, I was trying out this fibs with recent lows, but look like this longer term fibs have a more validation. Currently bouncing on the 61.8% fib. We might be looking more to a double bottom now. Still lots of resistance in front since we are under the 200 DEMA. 20 DEMA(not in chart) might be a useful guide with the 50% fib.

I am long QQQ$