By checking the #NASDAQ Indext Chart in the 4-hour time frame, we see that the price is close to an important supply range (18085 to 18175 and 18250 to 18340) and we will probably see a drop of #NAS100 soon, The possible targets of this drop will be 17940, 17780 and 17670 respectively! Please support me with your likes and comments to motivate me to share more...
Major correction to be expected in the weeks to come ,starting most likely from next week ( May 6th) . This correction will occur on stocks , indices and most asset classes and will reach as deep as 26% on average and possibly even deeper . For NASDAQ:NDX I expect it to reach at least the 14000 mark , and possibly even as deep as 10500 -10000 . This...
Here is our detailed technical review for NAS100. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 17914.2. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 17280.9...
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...
Hello Traders and welcome back to another Video analysis. We break down the relationship amongst different asset classes when gauging market sentiment. In particular, how to analyze market direction on the Nasdaq 100 by looking at the Volatility and Dollar Indexes. We combine this sentiment analysis with candlesticks, and how they leave clues for us when...
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 17280.9 level.
Following its ascent to approximately $18,451, the NASDAQ Index underwent a notable downturn, descending to the vicinity of $17,000 by April 22nd. In the aftermath, a bullish resurgence ensued, marked by a retracement phase wherein the price remained confined within the 50% to 61.8% Fibonacci levels. Notably, this retracement phase coincided with a notable...
Nasdaq (NDX) easily hit our 18000 Target, which we set 2 weeks ago (April 23, see chart below): That was the top of the Channel Down and 0.786 Fibonacci retracement level. As mentioned this is an important Resistance level as during the previous correction of the 1.5 year Channel Up (which bottomed on October 26 2023), the 0.786 Fib was the level that...
NDQ100 Nasdaq has formed the same pattern we saw last year (2023) before a massive rally, a beautiful descending channel. This doesn't guarantee an immediate breakout to the upside, cause I see a potential downward movement. If NDQ crashes, it could have an impact on the crypto world.
Nasdaq shorts bbyyy: - 70% Fib zone - Indecision candlesticks (doji) - Lower Low formation
NASDAQ is about to entered in strong resistance zone. Price is been on strong bullish run from last few days but now has entered into bears territory, will the bears get active active and send price back to 17500 region ?
Please see my previous idea As my previous idea, I mentioned the next nas100 movements. Where we are now? As you can see from the picture, Friday we touched liv 0.786 Fibonacci (17917.60). On the RSI indicator an overbought position in multiple TF. Appl on RSI indicator shows overbought in multiple TF. This calling an obviously down from now. I advise to all...
NASDAQ has confirmed an important level breakout recently. Here we witness a breakout and pullback on the major demand zone identified under the hourly timeframe. Here we also identified an important bearish flag formation, which is likely to create another dip towards the bottom level of support created.
Hey Traders, in today's trading session we are monitoring NAS100 for a selling opportunity around 18300 zone, NASDAQ was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 18300 support and resistance zone. Trade safe, Joe.
USNAS100 The price about the bearish pressure to get 17600 and 17500 because there is a strong resistance line but we have NFP and Job Data will affect the market strongly for both sides, otherwise, stability above 17685 means will touch 17795 and above it toward 17950 pivot line: 17685 Resistance Price: 17795, 17950, 18030 Support price: 17600, 17500,...
Potential Bearish move on Nasdaq Market trading on HTF Supply zone and looking for sell as i shown in picture waiting for confirmation..
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 17280.9 level.
I dont know if anyone has spotted this NDQ divergence. price going up but RSI going down. Havent seen this in previous price movements . I would love to read some comments on this