NASDAQ: Nasty Nas! 📼📼📼The Nasdaq is still struggling to find a grip and build up a strong impulse. In our primary scenario, we expect it to further drop below 12609 points before pushing for a strong bullish run. The next target here is the mark at 13287 points. However, the Nasdaq should not fall below 12207 points, in order to avoid a major sell-off.
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Indextrading
DAX: Do You Even Lift, Bro? 🏋️🏋️🏋️Real traders know about the massive potential that lays within the German DAX30 index. Its powerful chart should convince those who do not know much about it, too! We expect that the DAX increases up to an area between 14799 and 14895 points. After a correction, the index should have enough power to also lift the 15200-point mark.
Go hard or go home!
USD TO BREAK RESISTANCE ? After two attempt USD failed to break the next dayli resistance and was smashed away to complete the W formation pattern and we are currently at the neckline level where we should see some bullish move and if we have the right volume we should be able to break the next level of resistance if we have a nice impulse to the upside.
If you guys enjoyed this analysis like and share. If you have a different opinion I would love to hear about it in the comment area below.
Trade safe !!!
France 40 Uptrending Buy OrderFRA40 Long Position
Entry: €5,644.6
TP & RR: €5,688.0
Stop Loss: €5,627.3
REASONS FOR THE TRADE
Breaking up from a descending triangle, I expect the price to retrace slightly and then continue the up move. Stop Loss is set below the trendline and the target is at a resistance level. Market Flow indicator show a clear move up.
The trade is slightly in retrospect as by the time I write the trade idea price started moving up. However, I think you may have a chance to enter again.
17/11/2020 #DAX30 Bullish for nowWe have quite a bit of whipsaw yesterday and we closed mid of range.
Price still in a balance area and TBH #DAX30 #FTSE are the stronger indices now.
I am looking at 13058-62 zone. Expect a pullback to this zone and see the reaction from there.
Above we have 13168, 13264, 13374. I expect 13472 to cap high of day even if there are any news.
If 13058 breaks, look for 13014, 12962-64, 12852 to trade. 12730-750 is strong support zone, should cap low of day
us100Hello traders, here is the analysis from our team :
NASDAQ.
buy : 11195
TP 1 : 11198
TP 2 :11200
TP 3 11208
SL : 11183
money management : 11198. this is part two of our spread trade.
StevesTradingView 😉
Let us know in the comment section below if you have any questions.😉
us100Hello traders, here is the analysis from our team :
sell: 11098
target #1 11095
Target: 11085
Stop : 11111
Money management : 11095
Part #1 of spread trade.
Let us know in the comment section below if you have any questions.😉
Potential NASDAQ LONG Trading PlanAs expected, NASDAQ is currently on pull back before rallying up again retesting the highest pivot point of 10144.
Work Form Home policy has apparently given a significant positive impact of NASDAQ index as stocks like ADOBE has surged in terms of its revenue last week. I see nothing can stop these technologies bunch as it is immune to the recession as compared to brick and mortar business models.
Trading Plan:
i) LONG when it reaches pull back 1 at 9467.3 and pull back 2 at 9279.4 with the target Take Profit point at 10144.
Author:
S.I.D. Aizu
How far can we see Dow Jones Drop? 15000?On market open Dow jones was trading around the 18000 level. It seems the coronavirus is really taking its effect. If we can see a drop into the 15000 level where the lows of 2015 are this will have erased 5 years of growth in simply weeks. Crazy movement we are seeing the past few weeks. If anyone is not familiar with dow jones it is an index containing 30 stock market companies in the United States. Index trading can be very volatile especially now but if we do see a pull back to the 15000 level i will be entering a long position as it is a great opportunity for the recovery period of the corona virus.
SPX500 - O Crap! Are we in for the mother of all corrections?From a Elliott Wave Theory perspective it looks like the monthly S&P500 has completed 5 waves up - so the theory dictates we need to correct the 5 waves up with three waves down. The prior 4th wave low is usually the end of the retracement. However, retracements can go all the way back to the prior 2nd low !!!
#SP500,The declines to where?The SP500 dropped last week and stopped just above the average moving line 100 on the weekly graph, if we look at history in the last two serious price correction, The SP500 fell and did not stop at the 100 moving average line, but continued to the 200 moving average line
According to Stochastic and RSI, the declines have not yet come to an end.
Right now the SP500 is still very technically bullish
Our target will be above the 200 moving average line: $ 2686