Nasdaq for 3 weeks now has been playing along in favor of my analysis, and as always, I know my analysis is always accurate despite the news events.
US100 Ready to Test The Top Again Price broke out again from a strong resistance zone now turned into support. The breakout looks solid and after the weaker-than-expected NFP data it looks like the market may speculate more about a rate cut from the FED sooner than we may expect. This speculation can push US100 up to the other resistance zones as it is shown...
Three weeks ago (April 23, see chart below) we called for a relief rally on Nasdaq (NDX) 18000, right when the price was at the bottom of its correction: The Target was the top of the Channel Down, which was the correction pattern and just below the 0.786 Fibonacci retracement level which during the July - October 2023 correction was where the uptrend was...
During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from one of the zones. ...
Impulse correction impulse structure. weekly Ascending channel.
Price is currently at a resistance level which is a pullback resistance and could potentially drop from this level to our take profit. Entry: 18,334.16 Why we like it: There is a pullback resistance level. Stop loss: 18,490.09 Why we like it: There is a pullback resistance level which aligns with the 127.2% Fibonacci extension. Take profit: 17,983.95 Why we...
1.NAS100 broken the Trendline Liquidity and looking for new HH. 2.We take a Long from the new support around 17270. 3.If Dollar continuous the bearish movement we can see a huge upside movement in Indices. 4.Today CPI news is very important for the Dollar. Depending on the news we can see a huge a moves in the market.
*Major Levels Only* If Sustain above 18179 then 18246 to 18269 then 18295 to 18302 then 18337 to 18360 above this more bullish, 18427 to 18450 if Sustain Below 18156 then 18089 to 18066 then 18034 to 18026 then 17998 to 17975 below this more bearish Consider some buffer points in above levels. Please do your due diligence before trading or...
Market seems to be betting on the rate cuts and soft landing again. The narratives are floating around the unemployment numbers as a possible cause for rate cuts, or else rate cuts because why not? Jpow today seemed to hint at hotter inflation, PPI came in super hot today forecasting inflation, but Jpow has been a little less hawkish than his constituents in the...
DAILY - Break of structure - SD zone - Fib completion - Impulse / correction WEEKLY - Break of structure 4 HOUR - Hs
Having handled the decline, the markets now seem to be on the verge of a melt-up. We are already seeing it in European securities and industrials. However, I think the risk reward is best in Nasdaq, where I think we will trade at least 15% by the end of Q3. Looking at some data, it seems that fund managers are again underinvested in equities, which limits the...
Dear All, this my idea for sell once sell candle Confirm then i go short this is my ideas only. what you flow your trading statistics you can continue. you need more my ideas flow me
- I'm looking for it to sell before I buy. -Wait for fundamentals first to take place. looking or Wednesday to give us the low of the week. - Daily 50% o the BISI is where I'm focused on in terms of buys.
i am looking at selling nas100 today given that i am already looking for lower prices
USNAS100 New Forecast The price reached the resistance level at 18250, beyond which it is poised to initiate a bearish trend as long as it remains below this threshold, targeting 18095 and potentially extending down to 17950. Conversely, the primary bullish scenario would entail breaching the 18250 by closing a 4-hour candle above it, paving the way for an...
POI areas for today. I'm waiting for price to take liquidity and react to these areas. I shall personally take entries dependent on how price reacts in these zones. If price takes liquidity on the 1m timeframe in any area and shoots towards a POI, then that POI is more then likely invalidated. If price slows down before reaching a POI, then it's more then likely...