Nasdaq 100 Index

NASDAQ

NDX

NDX short

Among the 3 major indices, NASDAQ 100 is the closest to forming the Rising Wedge Pattern as it is currently already below EMA50 and at the confluence support of previous high & lower uptrend line. Breaching around 7680, it will turn bearish and heads towards EMA200 as its next support around 7500.

Broken yellow trendline and still below.

Short

Same as $RUT (IWM), reverse inverted wedgie. Gotta love them wedgies. On the decision line, if the Chinese and/or Euros pump futures, it's gonna retest ATH.

NDX Weekly Chart, Fibonacci Analysis. Disclaimer: Always do your own research . We are not registered or licensed to provide investing advice or anything of an advisory or consultancy nature.

FREE JUMP - PANDALELA RENONG

Daily trendline broken but remember that momentum on higher time frame is upward

Attempts to break key trendline support have been thwarted several times. Stay long while price-action remains supported by this trendline, but bulls will need to take-out the 10-day MA in order to re-open the all-time highs

for day traders

Sell idea

Looks to me like NDX (QQQ) is forming a pennant. Expecting a little weakness tomorrow, since weekly patterns match the last 3 Thursdays, so it's probably gonna dip like the last 2 Fridays. No Position

NASDAQ 100 in Trend Bullish, but need 1-2 days to get confirm

Detail on the chart

lets pay attention to the time frame.. Follow instructions on the chart..

NASDAQ index during today's session drops to local - temporary price support in the area of around 7550 points. This will be a significant price support relative to further trading on the index. If the index after the entry of the American market, maintains its current position, then it will be possible to count on a strong rebound in the direction of even the...

Everyone’s gonna scream about the crisis. Just in a month. This is the wave C of a flat. Similar to the structure in 2008-2009. But a smaller one, by one degree.

NASDAQ 100 LOGN $8200