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Ixic_idea

NASDAQ : IXIC to bounce back Quickly to be in Parallel ChannelI'm expecting some bounce back in NASDAQ:IXIC as per my Technical Analysis. It has moved out of Parallel Channel which it was following since start of this year. It is currently following a downward trendline. On Upside, it can touch levels of 11384 really quick, as bounce from current levels would be sharp. Chances of fall looks bleak, but if it does then it should follow downward parallel channel and as per Fibonacci Retracement it should touch levels of 10268 not before July 29th. Goodtime to put money in Quality Megacap stocks of NASDAQ like NASDAQ:AAPL NASDAQ:MSFT NASDAQ:INTU .
NASDAQ:IXICLong
by simplyansh
Nasdaq (IXIC) | The best target for correction♻️Hello traders, Nasdaq (IXIC) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. In this index, the waves have ended in a higher stage than other indicators and have started to correct in a higher stage. In this index, waves 1, 2 and 3 are over and correction for wave 4 has started. If we want to compare Wave 4 with Wave 2, we must say that Wave 4 will have a shallow correction, but its current structure is not like this and it gives the possibility of deepening. Wave 4 is likely to form in the form of a zigzag, and this zigzag will take a long time to complete like a flat. We are still inside wave a of this zigzag and we thought wave a would be completed on Fibo 0.38. From wave a, the microwaves 1, 2, 3, and 4 are over, and wave 5 has another drop to 0.38 for Fibo. Correction begins after the trend line is broken. If the specified warning range is broken upwards, the corrective structure is different. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:IXIC
by mahdisoltaninjad
3
Nasdaq (IXIC) | The best target for correction♻️Hello traders, Nasdaq (IXIC) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. In this index, the waves have ended in a higher stage than other indicators and have started to correct in a higher stage. In this index, waves 1, 2 and 3 are over and correction for wave 4 has started. If we want to compare Wave 4 with Wave 2, we must say that Wave 4 will have a shallow correction, but its current structure is not like this and there is a possibility that it will deepen. Wave 4 is likely to form in the form of a zigzag, and this zigzag will take a long time to complete like a flat. We are still inside the a-wave of this zigzag and we think that the completion of the a-wave is on Fibo 0.38. Wave a consists of the microwaves of wave 4, and from this microwave we will have a downward movement in the channel range and then the possibility of a happy ascent and breaking of the channel and finally the descent for wave 5. If the warning sign is broken upwards, the correction structure is different. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:IXICLong
by mahdisoltaninjad
1
Nasdaq (IXIC) | The best scenario for the fallHello traders, Nasdaq (IXIC) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. In this index, the waves have ended in a higher stage than in other indicators and have started to correct in a higher stage. In this index, waves 1, 2 and 3 are over and correction for wave 4 has started. If we want to compare Wave 4 with Wave 2, we must say that Wave 4 will have a shallow correction, but its current structure is not like this and it gives the possibility of deepening. Wave 4 is likely to form in the form of a zigzag, and this zigzag will take a long time to complete like a flat. We are still inside wave a of this zigzag and we think that wave a will be completed on Fibo 0.38. Wave a consists of 3-wave microwaves, and from these microwaves is the last unfinished trend, the 5-wave, which probably descends after another sideways trend or directly. If the 14520 range is broken, it probably was not wave 3. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:IXICShort
by mahdisoltaninjad
Nasdaq (IXIC) | The best scenario for the fallHello traders, Nasdaq (IXIC) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. In this index, the waves have ended in a higher stage than in other indicators and have started to correct in a higher stage. In this index, waves 1, 2 and 3 are over and correction for wave 4 has started. If we want to compare Wave 4 with Wave 2, we must say that Wave 4 will have a shallow correction, but its current structure is not like this and it gives the possibility of deepening. Wave 4 is likely to form in the form of a zigzag , and this zigzag will take a long time to complete like a flat. We are still inside wave a of this zigzag and we think that wave a will be completed on Fibo 0.38 and this descent should be done before the range of 14186, otherwise there will be a possibility of structural change. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:IXICShort
by mahdisoltaninjad
Nasdaq (IXIC) | The best scenario for the fallHello traders, Nasdaq (IXIC) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. By looking at the waves, Waves 1 and 2 are probably over at weekly time, and this analysis and this wave count is part of Wave 3. Wave 3 that we are talking about is not on the Fibonacci in the weekly time that can be reversed, and only we considered this correction by counting the wave in the daily time. In daily time, waves 1 and 2 are complete and wave 3 is in excellent condition in terms of appearance, but it is not in good shape relative to wave 1. Waves 2 and 4 are very similar both in appearance and correction, causing the wave count to be not normal. However, there are exceptions in the waves. We gave the possibility of correction, provided that the trend line is completely broken, and now this failure has taken place to some extent. We determine the nature of this correction and this wave after completion, but in the first movement of this wave, I think the movements occur in the form of five waves. If the end of wave 5 is broken, the complete analysis of the field will not be done, but this correction will be done in a short time. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:IXICShort
by mahdisoltaninjad
1
Nasdaq (IXIC) | The best scenario for the fallHello traders, Nasdaq (IXIC) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. By looking at the waves, the weekly times 1 and 2 are probably over, and this analysis and this wave count is part of wave 3. Wave 3 that we are talking about is not on the Fibonacci in the weekly time that can be reversed, and only we considered this correction by counting the wave in the daily time. In daily time, waves 1 and 2 are complete, and wave 3 is in excellent condition in terms of appearance, but it is not in good shape relative to wave 1. Waves 2 and 4 are very similar both in appearance and correction, making the wave count not normal. However, there are exceptions in the waves. We correct the probability provided that the trend line and the red circle are completely broken. If the end of wave 5 is broken, the complete analysis of the field will not be done, but this correction will be done in a short time. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:IXICShort
by mahdisoltaninjad
2
Nasdaq (IXIC) | The best scenario for the fallHello traders, Nasdaq (IXIC) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. By looking at the waves, the weekly times 1 and 2 are probably over, and this analysis and this wave count is part of wave 3. Wave 3 in the weekly time is not on the Fibonacci that can be returned, and only we can make this correction with the wave count we considered in the daily time. In daily time, waves 1 and 2 are complete and wave 3 is in excellent condition in terms of appearance, but it is not in good shape relative to wave 1. Waves 2 and 4 are very similar both in appearance and correction and have caused the wave count to not be normal. However, there are exceptions in the waves. We make the possibility of correction provided that the trend line is broken downwards and the price will move up to the specified targets. If the end of wave 5 is broken, the complete analysis of the field will not be done, but this correction will be done in a short time. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:IXIC
by mahdisoltaninjad
2
Nasdaq (IXIC) | The best scenario for the fallHello traders, Nasdaq (IXIC) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. By looking at the waves, Waves 1 and 2 are probably over at weekly time, and this analysis and this wave count is part of Wave 3. Wave 3, which we say is not on the Fibonacci in the weekly time, can be reversed, and only we considered this correction by counting the wave in the daily time. In daily time, waves 1 and 2 are complete and wave 3 is in excellent condition in terms of appearance, but it is not in good form compared to wave 1. Waves 2 and 4 are very similar both in appearance and correction, causing the wave count to be not normal. However, there are exceptions in the waves, we give the possibility of correction provided that the downward trend line is broken and we specify the target of this correction. If the end of wave 5 is broken, the full field analysis will not be performed, but this correction will be done at another time. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:IXICLong
by mahdisoltaninjad
1
Nasdaq (IXIC) | The best scenario for the fallHello traders, Nasdaq (IXIC) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. It seems that this wave that we examined is the last wave of wave 3 in higher times. Based on the counting of waves 1, 2, 3, 4 and 5, we have completed and entered a new phase of correction. This correction will be more in terms of time than price. Because by examining the previous waves, we can see that a wave was formed very deeply and at the same time in a very short time. Because we are early in the correction, it is not possible to find a suitable fibroid target, but it is possible that the first movements near the end of wave 3 will occur at the end of wave 4 or 5. This move is confirmed if the trend line is completely broken. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:IXICShort
by mahdisoltaninjad
2
☘️ NASDAQ Timeline - What's Next? 🎬🍿Well, to begin with we have posted this idea as LONG, which means we don't expect any crash to happen in the following months. Money is being printed by the tons, the younger generation gets to invest from an earlier point in life (not just crypto) and the mighty Nasdaq is a symbol of how Technology will rule the World. Low rates and printing, benefit the stock markets. If interest rates will finally rise the chances of a correction will increase. Until then, let the party go ON. Remember our earlier projection is going as per plan: Nevertheless, take a look at our little informative chart art and let us know if you like it. What's next? One love, the FXPROFESSOR
NASDAQ:IXICLong
by FX_Professor
11
Target Nasdaq 25,000 for market topThere is a discussion that the market might be heading for a top. I have reviewed the monthly chart going back 20 years to the great big bull of the 90s, the index at the time was consistently uptrending with the the price being 80% above the 50Month MA. The market traded in a channel for years and once it broke above that channel, which became support in 1999 and in the following year topped when the price hit 210% above of the 50Month MA (5132 high vs 1645 50month MA). If history repeats itself (at the time of writing this note in January 2021) at the moment the 50 month SMA is around 6812 whilst the index however around 13,635. That means that even though the index price is trading outside of the normal channel band since July of last year, it is now possible that it will go forward to do a climax top sometime around summer target being September of this year. At the moment the index is trading at double (100%) above the 50 Month MA. However in order to become extremely overbought, it needs to continue to grind higher and consolidate sideways as it has been doing. What are the parallels of 1999. 1) In 1999 there were IPOs today there are SPACs. 2) In 1999 there was AOL today there is TSLA. 3) Top stocks were splitting and raising money with secondaries just like they do nowadays. 4) In 1999 was the era of the Internet / communications, today we have EVs and now moving to EV infrastructure and Space exploration. 5) Everyone wanted a piece of the market, Joe Public started becoming a "professional" trader and making more money than his normal income. 6) Everyone was rushing for the next big stock to buy, everyone was pumping, swings were very wild and the nasdaq was not trading in sync with the normal s&p index. All of the above and more factors convince me that history is repeating itself and that we are in for a great year. I am expecting that the 50Month MA to move up another 25% in the next few months to around 8500 and the index could peak at 250%-300% of the 50 month MA which would equate to a price of 21,300 - 25,500. Calling the Nasdaq top at 25,000 looks extremely optimistic, but at the same time frame in 1999 the market kept moving up by 80% to reach the market top. Based on today's price a move of 80% up also gives a price of 24,500 so this call although absurb is quite feasible. I am long the stocks and plan to remain long and buy stocks until the Nasdaq hits 20,000 from which then the market will become extremely volatile and will start unwinding positions and take a break. Good luck to everyone, do your own DD.
NASDAQ:IXICLong
by adrscib
1
Nasdaq Index: Technicals and the 2020 US Presidential ElectionsIf you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. Analysis - To begin with, we can look at the Nasdaq Index's monthly chart on the logarithmic scale - The logarithmic scale provides a broader overview of the general trend, as well as clearer percentage changes in the market - We can first see that Nasdaq (IXIC) dropped significantly during the 2008 financial crisis. - After dropping a whopping 55% (which is a lot considering that this is an index), it has been on a steady uptrend ever since - The Nasdaq Index has been on a clear and steady uptrend since 2009, trading within an ascending parallel channel - Ever since it reclaimed moving average support as well, prices never dropped below the 30 simple moving average (SMA). - The Ichimoku cloud also demonstrates that the trend is clearly bullish for the long term, as prices trade above cloud support - There have been times in 2010 and 2011 when prices tested the upper channel resistance, only to drop back and test the channel's middle line support - During the recent market crash caused by the Corona Virus (Covid-19) outbreak, while prices have initially dropped below the channel support, the candle managed to close above it - Nasdaq was able to not only reclaim the lower trend line support, but also the 30 sma support - Last month, however, prices have overextended and tested the ascending trend line resistance once again. - Based on current technicals and the fact that the 2020 US Presidential Elections is not far ahead, even a significant 26% drop would maintain the bullish trend. - The Moving Average Convergence Divergence (MACD) shows weakening bullish histograms, but the trend's overall momentum remains solid. Conclusion As historical data demonstrates that the stock market has a tendency to correct before the US presidential election takes place, it's also logical to expect a form of correction, specifically in the more volatile Nasdaq Index. However, we are seeing potential signs of a functioning vaccine being developed for the Corona Virus, and with my personal expectation that the virus will no longer post any obstacles to mankind by the end of next year, that gets rid of a major issue preventing the market from further rallying. Interest rates will continue to remain low for a while, and with bullish technicals being intact, it's suggested that people look to 'buy the dip' during times of a correction.
TVC:NDQ
by Michael_Wang_Official
5