Nasdaq 100 Index
Short term indicators are neutral as well as daily, but the weekly is still close to oversold. No definitive indicators heading into the Fed meeting this week.
these days Nasdaq move very bad , we still believe Nasdaq (if bad news not come) must touch EMA200 daily (big orange line) area technical say = buy Nasdaq in 15min chart deep with SL in low and hold it minimum 10 day to high ,,, soon or late nasdaq will back to high !!!!!! ALERT= now Nasdaq going up , don't pick reverse sell , Nasdaq can fly up wild,...
the gap fill strategy works very relyable on RTH charts, with the adjustments to get out 10 ticks above prior sessions close on the daily charts there seams to be a pattern: buying mondays low worked out last week then some weeks ago buying fridays low was the perfect reverse trade then some weeks ago buying thursdays low was a low risk trade. these type of...
Is this a question of a short squeeze or long buyers pushing the price ? Probably a combination of both. It will be interesting to see how far this can go. If this proves to be a failed head and shoulders neckline, it could be pushed higher than most bears might expect. Interesting times. No position at the moment. Watching from the sidelines for now.
Nasdaq 100 has finally touched the 0,382 retracement (measured from wave 2 to wave 3) to put an end to this wave 4 correction. It's interesting to observe that march 2020 bottom is wave 2, unlike other indexes whose march 2020 bottom is wave 4. The same situation happened on 2009 bottom. Now Nasdaq is going to build wave 5 towards 20000.
Title : NASDAQ (NQ1!) , H4 potential for bearish drop Type: Bearish drop Resistance: 13793 Pivot: 13126 Support: 12170 Preferred case: Price near pivot level of 13126 in line with 78.6% Fibonacci retracement. Price can potentially drop to our 1st support of 12170 in line with the 161.8% Fibonacci extension. Our bearish bias is supported by how price is moving...
Looks like getting ripe here. If pattern continues due for bounce, if pattern confirms due for big bounce. if we break pattern god help us all from WW3
im not to sure on where the market is headed Longterm but i can tell you short term its not pretty at all everything's inflated and i think it's time to sell and pay back all the borrowed shares.
MFI oversold but RSI is not. Tomorrow could be one of those gap down reversal days so pay attention tomorrow morning. That's all I got. You can try playing teh oversold condition on teh Fed meeting, but I'm probably staying out
technical say : nasdaq now have powerfull buy , it must see EMA200 daily (big orange line) soon then fibo 61% but if big bad news comes , low break , nasdaq can see other crash (above green arrow we must put buylimit with sl=80) advice= dont open sell , stil looking for low size buy with SL in pinbar low in 15min chart deep and hold it minimum 7-8 day until ...
I am very happy that I made the right decision and shared this chart, even more so that it went right in terms of prices and time. What I would like to say is that nothing we are living in right now is accidental. Puppet leaders since 2008 have made mistakes that they did not solve. All they did was print more money. At some point this bubble would burst and in...
Here is the weekend look at Mar 14 - 18th. The down trend continued last week with the Nasdaq dropping 4% closing about 268 points above the Feb 24th low. Difficult trading continued with a counter trend rally on Wednesday back into the 9 ema only to be sold off later in the week. The CPI data came in as expected and was met with a muted response from the market...
This idea is a long time before, so maybe it's coming the time, its an ending formation that means wave 4, have to go inside wave 1 let's see! P.S. The red arrow should not go straight, as I just show, I will update
Type: Bearish Rise Resistance: 14405 Pivot: 13118 Support: 12640 Preferred case: Price near pivot level of 13118 in line with 78.6% Fibonacci retracement . Price can potentially go to the resistance level of 14405 in line with the 100% Fibonacci projection . Our bullish bias is supported by how price is expected to bounce off the support of the RSI...
Neither MFI or RSI oversold yet. I flipped all my garbage puts already because they were down 5%, didn;t feel like watching teh market today, figured that's good enough, lol Talk about easy money. Not time to go long yet though. If thing finish at the bottom there may be more follow through tomorrow morning, but I think it'll be a gap up tomorro because Europe...
April Fools Day is right around the corner. Anyone foolish enough to think NQ, on this date, will close over 15,200? Call me foolish but I have a high conviction this price point will be met by this date. Should this happen momentum or the lagging span (within the rules of Ichimoku) will be above price on the weekly close which could create a squeeze the...
Original post on 1/23, NAZ back in a Buy Zone. YTD the NAZ is near the 20% decline form ATH, we may see a technical bounce toward the Red Circle and Mid TL.