Short

NASDAQ Power Sell can potentially reach 14200 and lower to 13200

Updated

FOMC Major Resistances and Trendlines broken

The market is bearish
maybe a P shape trap of the bulls,Dont fall into trap

In nivember or December the next Rate hike Possibility increasing.
The inidcator above shos the trend of the Highs which are red, while the market making higher highs temporarily, and lower lows. The long 15D trend, here displayed on 7 H chart shows it clearly. Use proper Moneymangement

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NASDAQ Short All bearish Targets net coming 13000-14500

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Short! Trend!

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Bearish
Sell between 15500-15250 target 14250-14500

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bearish

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Lower Gap left upper Gap 15850 open, mixed data today CPI
currently bullish look for revearsals

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Remember the 2 Wekk ago: During the FED TALKS Many ups and downs, Fake signals and many Bulltraps and beartraps. As good traers we analyse the past and learn of it,we analyse our mistaes, manymany times, and we reconstruct them. We build strategies, what woul have worked or not worked in those situations, and we train,train,train,train the same situaton many many times sometimes 100 times. As good traders we are the students of the marets. We have a good PLAYBOOK. We study our PLAYBOOK, We let the market come to our setup: We dont hurry. We dont rush. We wit untile the market comes to us. Not the opposite. We let the bulls and bears show their cards. We go with the trend. We follow the money. We avoide to listen what in the charts ppl say next week, next year, next our the market will be or not, becaus as smart traders we know THAT W TRADE HERE RIGHT NOW! WE TRADE ONLY THE PRICE! It is not interesting what the future brings, THE FUTURE IS THE PROVE OF THE PAST! THIS Wee many FED TALKS
2X ISM
UNEMPLOYMENT DATA
INFALTION DATA
TREND BEAISSH
DOWN GAP ON DAILY CHART IS NOT FILLED
OUR SETUP IS BEARISH
MEANING WE SELL THE BULL REVEREALS AND TRADE ONLY SHORT
TREND ON HIGHER TF IS DEFINITLY BEARISH BUT NOT ON WEEKLY AND MONTHLY
DAILY SETUP IS BULLISH WEAK
4H AND TF BELOW ALL BEARISH
WE TRADE SHORT SELLING ON LOWER TF ONLY
AN LOOK FOR HIGH QUALITY TRADES
DURING OR WHILE THE NEWS ARE RELEASED WE STAY OUT
REMEMBER: WHEN FED Talks then WEEKLY AND MONTHLY OPEN VERY IMPORTANT
EThe first move is always Alfo oves:When the news are released weather positive or negative the market will stay silent or it will immediately reatc.In both cases we dont touch the trade and just watch. Because the algos make the first moves. Most of them are short ternm scalpers. These moves will be very fast so that getting a goo price will b ifficult. Better:We stay out and wait for pullback or retraement. If the pullbak or retraement stops at the trigger setup then we wait for the weakness or strength. We never buy the DIP. We buy only the next possible strength after the dip, For example using anchor VWAP. We never sell the retracement. We sell the weakness after the retracement for example using Stochasti and VWAP OR ANHORE VWAP. Stops and money management is your job. I know my stop levels. My Target is short ,and first profit target will be GAP between 14200-14445. The next profit target dependes on the trend. If short trend continues, we close some positions take profits, and let the rest run until the bear trend is over.

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current state bearish
bullish fast moves are algos Becarefull of bulltraps...
Remember: ALGOS CAN MOVE FAST,But algos cannot trade periodes higher than 1 minute. It means Algos cannot trade the trend. The trend is the only weapon against electronic algos. Even very fast scalpers have a win rate below 35% against the algos. Trade only the trend, even on the lower timeframes. Always.

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Stay short sell the High or Resistances. Bulls will be trapped

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4H trend bullish
180 m bullish
120 min. bullish
30 min bullish

Strategy Short Bearish
Reasons:
Although during the last days the short term trend turned green, we stay confident an continue with our Selling strategy

The last 3 days spike has some fundamenal reasons:
Israel war: Israel has huge amounts of Financial reserves. The youngest attacks on Israel caused the pressure of Shekel, so the Cetral Bank of Israel started to sell US Dollar to also fund the economic and war economic ressources.. That caused short term selling of the US Dollar

Fundamental reason are bearish, also the fear of possible middle east extentions caused FED to possible pause the rate hikes. The FED rates sentiment is not changed for November, but changing slowly for December.

This condition can be changed.

The last spike was caused by Tech stocks,insider buys. The pci was bearish, todays ppi will show more details.

Fundamental reason 2: The gap below 14500is not filled(Very important)
More importantly The volume profiles of the last days are all Bearish and signalized Bulltraps. Also yesterdays target VP is bearish.

Surely trends can be changed and there are no sometimes no logical factors that aprove the market sentiment

Currently if there are no news, or no news and no bad news, people start panic buying. Sonner or later than will cause massive drop down into the gap directions(15890 and 14500) Also The Daily chart is showing no logical supply demand zones(the supply demand zones are more intuitive and individually) That is the reason
that classical price action thoughts are failing too often.

Interestingly there is one indicator that is showing consistent but slowly accuarte signals: Stochastic. Since over 13 weeks the indicator is bearish, and the current state of the market is confirming it. Therfor we stay short, solong our stochastic indiccators are bearish.

That way we interprete the short term bullish trend ,as bulltrap trend in a Mi-longterm Bearish trend.

For Day traders: Sell the High od the day, but look for reversals, and only if the next possible Resistance of your higher TF cannot break.

For trend traders: Take profit if the Bearish near term Trend is changing, but stay with the Major trend(Bearish) The major trend is above 15680 bullish.

Howlong the next bullish trend lasts is dependend on global economic macros.

To the south there is more space to fill, and also a brea of the gap will create big volume and space to the next possible support at 13200.

The gap has been tested 3 times. The next gap fill whcih is the forth Test, significantly is an aproval how important this level is, and that bears try all their enrgy to break that level.

If the middleeast war involves the U.S.A., the Dollar will rise very high ,also Gold, While the Stock markets will drop fast and very deep.

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PMI Bearish goo for Dolalr
Be aware of Bulltraps.Weekly Pivot 15300-15300
Resistance too strong bearish

Look for reversals

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AS I said stay short

sentiment bearish
data bearish
there are scammers who tell ya buy.
Ignore them

Bulltraps

Short selling bearish trend
Good luck

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Escalation in the middle east
FED Balance below expeted thats good for us dollar
us dollar getting much more stronger
insider buys tech
Bulltraps:
Strategy

Only take short trades! After breaking a lvel take partial profits if trend traders
if day traer tae full profit
when divergence
look for russle and sp500

We connue with our winning strategy
Trend followiers have lost big money

Currently Divergence is king

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short

Based on AFPand yahoo news . Iran seems to think the priority is to take the fight to the Israelis first
Saudi Arabia puts Israel deal on ice amid war, engages with Iran, sources say
If socurrently Oil and commodities jumping higher, that will cause hiigher US Dollar, and dropping Indices down..

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bearish
TIC Long-Term Purchases were greater than forecast This data represents the balance of domestic and foreign investment - for example, if foreigners purchased $100 billion in US stocks and bonds, and the US purchased $30 billion in foreign stocks and bonds, the net reading would be 70.0B; and it is maing US dollar more stronger. Bad for Nasdaq!

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very diapointing data forboth side bear and bulls..

I dont trade this move .Why? I have mentioned in this video...All reasons...And why it is sometimes better to stay out and not to trade

tradingview.com/streams/TJwJn1YeEs/

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If you are short Take profit now

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Funamentals:
bLACKROCJ Selling Indices and Buying cah and Yields, 15 Billion Dolals outflow
High Oil Prices. and...
Watch the Full Wekkly Forecat Analysis for thi week 23. Oct to 28.Oct on my Live streaming in tradingview
tradingview.com/streams/wsTcr_TDvh/

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Take the first Pofit now, if you are short!!!!!

1/5 trend change signalshas been confirmed

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Major trend short
US Dollar short
current state sideways bullish

NO good time to buy or sell now, wait the Europe session and US session
Today many US DATA

Potentital TP ,Buy and sell signals, I have made a Live streaming for today Daytrading

Please watch on tradingview
the streaming link i below:
NASDAQ US100 INSANE Strategy How to TRADE today?BUY/SELL/EXIT Signals
NASDAQ US100 INSANE Strategy How to TRADE todayon Tuesday 24.OCT 2023?BUY/SELL/EXIT Signals
This very simple strategy will help you to find the best setup.Hopefully!
tradingview.com/streams/jn98LupZXX/

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Dollar starting to bull agressively...Not good if you are bullish..Bulltraps getting preparing.. in 2 H very important US data

We stay with our strategy:Bearish!
lOOK FORWARD FOR DIVERGENCES

Again!Do not get into trap!

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short bearish
sell levels, stay-out zones, take-profit levels
all mentionedin this streaming:

NASDAQ US100 Trading Live For 25..Oct2023
tradingview.com/streams/vxnZw7rgMs/

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bearish
this bottom is fAKE BOTTOMß WHY?? watch my Live streaming.
tradingview.com/streams/QfyYVW4rLo/
also all levels of today, and next week
That way you will make sure to trade on the right side of the market...

DaveBrascoFX

youtube.com/@DavyBrasco-Official-Channel/videos

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