Copy post & continuation from posts not done here
Letting trades sit for moment
Called #risk coming, $NDX vs $DJI
#NDX almost 4x the performance today
NOT SAYING it's "over" but risk reward = GREAT #Bullish
For Friday volume was GOOD
Overall buying coming in last few days
Still like value but have lots of $TQQQ
#stocks
Hard to post all we write here, sorry!
Price broken 11091 resistance range we can easily see price test the next level 11280. If price rejects the 11091 range we can easily see price go down to 11000 and possibly lower.
Nasdaq has been in continuation mode with bullish rebound. Sustained break above 11100 opens way for retest of 11270 followed by 11380
Any pull back towards 11900 and 11800 may be seen as value buying for a greater Risk vs Reward while 11700 as Daily closing should work as alert for deeper corrections.
This is just a point of view. After hitting the areas, we are waiting for appropriate reactions. The responsibility of any trade is with the person himself.
Td19: The NASDAQ100 hasn’t done much since I posted the last chart—yesterday. Today she has managed to maintain the HL structure. However, she has been struggling to BREAK past 11100. There’s a slight BED (bearish divergence) around the corner. I’ll be on the sidelines.
With CPI tomorrow, I expect some volatility with the relatively low level of liquidity in the market, therefore I am setting up ASKS to position myself as a SELLER for the following weeks
I am expecting wicks in the asks area, and then, a clean break of 11 500 validating the overall plan
Stop loss is on daily close, no hard stop loss set
GL
USNAS100
now the director of the NASDAQ is trading in the bullish zone to get 11170 and above it 11285
but if the closed 4h candle is under 11080 then will be bearish to get 10960 and 10900
pivot price: 11080
resistance price: 11170 & 11285 & 11400
support price: 10960 & 10900 & 10780
Timeframe 2H and 4H
This week we saw some interesting indicators start to decline.
In industry: More volatile PMI manufacturing saw further pull below 50 while PMI services have now just crossed the threshold. PMI services has only crossed below 50 during a few periods in the last 25 years.
Labor markets Labor statistics continue to remain fairly static. They are expected to...
Hello,Friends!
Based on the technical analysis
And the recent minor fundamental news
NAS100USD looks bearish to me overall.
I think that market-makers will be pushing the pair down
That is why we are going short!
Like and subscribe and comment my ideas if you enjoy them!
Applying a few simple rules and price action we can see that we are at a strong demand level with price rejection at the moment.
With Earnings to commence on Friday, starting with the major US banks,
Suspect that earnings reports will be positive due to higher interest rates over last quarter which increase earnings for the banks.
The issue is that the major tech...
Hey, traders. Thank you for the comments and boosts.
Today's chart is US100. Let's check it quickly.
We can see
1. the price rebounded from the support on 10600.00.
2. the descending channel had broken.
3. resistance on 11200.00.
4. support on 10000.00
We should check
Tuesday - Fed Chair Powell Speaks, EIA Short-Term Energy Outlook
Wednesday - Crude Oil...
US100 on the 4h chart after my previous idea continue the bearish trend and reached the weekly support.
The price after a distribution phase took the SL liquidity with a false breakout of the 12200 level and moved lower with a clear break of the support and a series of lower high lower low to the 10700 zone.
The price creates a new redistribution phase and a new...
5 minutes ago Seeing reasons for NAS to go down this week, however, this is at odds with DXY and the two are usually somewhat inversely correlated. Will be seeing what opportunities actually present, but this is what i see at the present moment. Slow news week till thursday so dont be surprised by a mon-wed consolidation/liquidity range building following friday's...
Price below 11073 - 11033 likely to target 10730 - 10660 .
Price above 11073 - 11033 likely to target 11300 - 11500.
Since it is a high impact news week institutions will be targeting certain prices to either buy or sell cpi .
They will undoubtedly target higher prices to sell and lower prices to buy .
It all depends on price action and overall market...
