NASDAQ Analysis - Continuous, Just as the Markets !

This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & Unusual Market Volume Detector (UMVD) Indicators.

* Trend is Based on TrapZone Color
* Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves.
* Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand

--------------------

1-15-2024
Up trend with GREEN TrapZone but RED UMVD at the moment causing price to move sideways.

Comment:

On Hourly - Green TrapZone is new and Bars are still GRAY.

Comment:

Comment:

On The Daily

Comment:

Comment:

Comment:

Latest - Green TrapZone and GREEN UMVD

Comment:

GREEN UMVD After Divergence took the prices up
Green TrapZOne is Forming

Comment:

Selling shows up on UMVD, bringing the price down a bit.

Comment:

Comment:

Intraday analysis - Prices went up over the GREEN TrapZone with GREEN UMVD

Comment:

Comment:

RED TrapZone formed but with GREEN UMVD pushing the price higher again.

Comment:

Hourly Check In - Strong UP Trend is in place with GREEN TrapZone. Prices are retracing with RED UMVD. BARS Are GRAY so doing nothing.

Comment:

Latest Intraday

Comment:

Latest Intraday

Comment:

Side by Side Analysis - Trend is strong over all with a retrace in place at the moment.

Comment:

Bulls Got this one too !!

Comment:

Looks like sideways with a very WIDE range. Gray Bars at the moment. Keep an eye on the UMVD on the short Term Renko for quick response.

Comment:

Have you tried the TrapZone Pro & UMVD - It is a complete system!
Short Term GREEM UMVD supports the Up move on Renko.

Comment:

Hourly Technical Analysis Check Ins
Angle 3 is strong with very shallow retraces. seems to like the market is saving the parabolic moves for later :)