veerlenys555

veerlenys555

We had a powerfull resistance yesterday. I see 3 indicators that NAS100 will retrace to this zone. 1. Next big resistance level 2. retracement to 9EMA 3. golden zone of fib retracement All this on the 1 month timeframe

veerlenys555

We might reached the lower point. A head and shoulders pattern is forming. I belive we need a little drop first, than a nice long position.

veerlenys555

We are heading to a recession. I believe we saw a temporary rally on the NAS100. But the trend is still downwards. We touched the upper trendline of the 4H chart. Big short down, with stoploss above the trendline.

veerlenys555

Let's see if we can touch the resistance level at the top of the 4h trendline. Than long way down in this uncertain period. We have not started the bull run yet...

veerlenys555

Looks bearish on the 1H timeframe. I believe it will touch the lower trendline/support, before going up again.

veerlenys555

At 13.000 we could see a possible retest of the break out of the channel. If it bounces, we could see more uptrend. If it breaks, we could see a long way down.

veerlenys555 Updated 

NAS100 broke out of channel, and could touch 11000. Perfect entry for long term buy.

veerlenys555

Look at the support and resistance levels. Paypal broke out, so ready for the big recovery. Very good R:R. This could be a big winner long term.

veerlenys555

Watch the support and resistance levels drawn. Enter on the break of the trendline. Good risk : reward

veerlenys555

Paypal was punished badly. It is no oversold, and it looks like it found support on 185. I look at a target of at least 230.

veerlenys555

Let's see if we can see a rejection on the top of the yearly channel. This is my prediction based on previous support and resistance levels.

veerlenys555

Nas100 had a big bull run the last few weeks. It became overbought at this point. We need a healty correction to continue the uptrend. Tesla might help NAS100 to move downwards today. Expect profit target around 15700 (fib retracement) and support on the daily timeframe.

veerlenys555

It Broke support. Wait for a retest. Than see the next support levels.

veerlenys555

Big support level. If the channel is broken on the downside we could see retracement to 15300 level, after retest.

veerlenys555

A clear head and shoulders on this timeframe. I think we can see a drop to 15200, if we break the neckline.

veerlenys555

We had a nice long bull run on nasdaq, but we could see some retracement now. Keep in mind that 10 year yields are still rising. I expect a pullback to 15200.

veerlenys555

NAS100 is respecting the fib retracement 0.5 on the 4 hour chart. Look like another long position.

veerlenys555

Short to 14700 before next bull run Fib retracement shows the levels. Good Risk to reward