NAS
NASDAQ 100 MONDAY SHORT TO PREVIOUS MONTH HIGHI think its going to re-test previous month's high and then shoot back up
NASDAQ100 FRIDAY 04/06/2021 NFP PREDICTION! Consolidation and wedge break out.
wait for break out first and then enter on pullback or retest.
Nasdaq Analysis Nasdaq is still consolidating and right now it looks like it will break down. If it does break down it will come to 13530-13392 before continuing back up. However if the market does break up we need a break of the trend line for the bulls to continue. For the bulls first target will be 13823-13929. A break of these areas will break through our trend line taking us to new highs.
NASDAQ 100 CONSOLIDATION LONG/BUYNasdaq has been in consolidation since last week, hoping for a breakout this week.
NAS100 Bullish Range Buy Zones
NAS100 is currently ranging between 12900-138000.
Support is around 13400.
If price drops it might be wise to set buy limits around 13400-13550.
Price may not drop at all. Price could go bullish from here. Trade what you see.
NAS100 is bullish on the bigger time frames.
Nasdaq analysis The market looks a little crazy today up and down- but there is a reason why we are seeing this. On the weekly and monthly we can see market is playing around some key areas and trend lines. 12917 is a very strong area of support where as 13879 is a strong area of resistance. As we are entering the end of month next few days will be very interesting. Will we break to the upside or break the trend down
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Nasdaq analysis From yesterdays analysis here is a little update. The trade is going as planned and we have broke out to the downside. our next target will be 13550 the first pullback before continuing up. However if the market decide to go further down for a deeper pullback then we may see price go down even further to 13409 before continuing up.
NASDAQ WEDNESDAY REVERSALWait for consolidation breakout and then trade reversal.
I think its going to trap to the upside and the reverse to the downside.
NASDAQ100- Analysis We look like we have a double top formed and I do expect the price to drop a little before going back up.If this double top is valid and it breaks out the triangle then price will drop to 13551 before continuing back up. However price can easily break this triangle up and just continue going up. our next target for the bulls is 13921.