Analyzing the NASDAQ chart, $18,700 stands out as a key resistance level. We are also observing a divergence in the RSI, which often signals a potential reversal. My analysis suggests that after the price consolidates within the range of $18,570 to $18,700 for several days, we could see a downward movement towards $17,500. Following this decline, I anticipate the...
Hi mates sharing a long view on Nasdaq as price break resistance (18350) and sustaining very well above and by the today's candle price breached the high of breakout candle too which is a good sign for resistance breakout so from here onwards i am looking some more upside movement in coming sessions friends. Traget meausured from the swing high to swing low made...
US100 might have created a false break on current resistance if the pair pull back within this zone it will open up room for sell positions in the days ahead
NASDAQ Analysis: Two Plans
Plan A:
For Plan A, I am waiting for the price to break down below $18,720. I need to see a 15-minute candle close below this level. After this breakdown, I will look for a pullback to the $18,726-$18,730 zone. At this point, I plan to open a short position, targeting the first support level at $18,680 and the next support level at...
Nasdaq has broken its all time high of 18500 on march 24. It is currently trading above it but does
momentum supports new high?
As far as volume is concern. There is bearish divergence on volumes. Volumes are on lower sides on this breakout raises eyes on bull trap.
We have another harmonic pattern is forming which supports 18800 to be the reversal points....
Indices are at highs. We haven’t been to the top yet, there’s no data there. If we update the historical maximum, we can find out more in the Daily Posts.
During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show...
The ending flat abc is clearly visible and is expected to have a crash next . The analysis is from a system called D waves. this is not a financial advice.
NAS has been going up and down for a while now. I'm looking for it to indicate whether we are going to break pattern and move upward.
If not, we will see the lower highs and lower lows start to creep downward today.
If making an entry, I would need to give enough room for retracement either way
Nasdaq is almost overbought on the 1D timeframe (RSI = 69.095, MACD = 114.290, ADX = 45.033) and even though it has entered a new long term bullish wave, a short term technical correction is needed. In addition, it has completed the first 4H Golden Cross since November 8th 2023. The index then crossed over the LH trendline. We are already above the new LH. Enter...
I´m expecting NAS to fall to 430-460 level and after a rejection will reach 647 (not sure if today). If you decide to enter, wait for rejection, do not FOMO. I will try to update this idea when-if entry conditions are met. Not quaranted here. WIsh you a good luck.
Please, check our technical outlook for NAS100USD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 18,677.5.
The above observations make me that the market will inevitably achieve 18,790.4 level.
P.S
We determine oversold/overbought condition with...
Since the Trend is already Bullish hence Short Sell Entry will only be taken at Breakout. This is not Financial Advice DYOR. Let Bearish Divergence Formed completely.
USNAS100 New Forecast
The price remains under bullish pressure, aiming for further gains to record a new all-time high.
As long as it trades above 18660, the bullish trend is expected to continue towards 18790, 18950, and 19100. However, if the price reverses and stabilizes below 18600, it indicates a correction down to 18435.
pivot line: 18660
Resistance...
US100 has reached its all time daily and weekly highs
Should reverse now to take liquidity
Shorting based on previous HL being broken and new HH not being formed
After examining the NASDAQ chart on a 4-hour timeframe, we observe that the price, after an initial correction from the 18250 area, has re-entered this zone and shown a negative reaction! As I mentioned in the previous analysis, the range from 18250 to 18340 is a very important supply area, and I expect the price to react to it! Now, if the price stabilizes below...
