NAS
Nasdaq analysis Hi Guys, We had a beautiful rally yesterday pushing the price up to 13517 one of our key resistance area. So far the market has followed by previous analysis very nicely. But today I would be precautious. Will this rally continue or will we see bears come in today. For the bulls our target will be 13664-13921 and for the bears anywhere between 13300-13041.
On the lower timeframe we can see the market is consolidating and even formed a triangle. I would wait for a break of the consolidation before taking any trades. Be ready for either the bulls or the bears.
Nas100 Bearish 4H channelNasdaq has respected the Monthly trendline today, however, I remain bearish on the long-term. the 4H bearish channel has not been broken. I also doubt that it will break the 13350. The sustained close under this value will see it remain bearish. The market is running hot and the FED is not stepping in. Retail investors did react to the "buy the dip" , however I don't believe we have seen its "dip" just yet. The recent CPI's and NFP have not been good at all. Shocking to say the least.
Inflation is inevitable in my opinion and risk aversion will become more apparent. We have NOT seen to true impact of the pandemic and soon tech will feel the brunt.
NASDAQ 100 WEDNESDAY REVERSAL PREDICTION!Wait for reversal setup & entry confirmation, we going back long.
Nasdaq Analysis We had a great fall yesterday on nasdaq, creating a beautiful double top. Today we will be come close to the bottom trend line again and from here we will either break through and carry on going down to 12908-12776 or we will bounce of the trend line and make way back to the centre trend line 13408. Please be careful during the New York opening. A lot of stop hunters.
NAS100 Analysis Hi Guys, Yesterday was a very shaky day, we had a attempt to downside if we look at the day chart we can see it failed to break. It was always going up but we had a pullback before continuing. Today I expect to see buys anywhere between 13540-13792. Be careful again of the New York opening where we can expect fake out etc.
Nasdaq Analysis Last week we had some good fall and this week I'm expecting the rise of nasdaq again. Im expecting NAS to go back up to it strong resistance area of 13792. However if the market does decide to come down and break through 13297 then we may see some more sells before the buyers come in- sell to watch out for 13169-12900.
On the daily I highlighted where im expecting the market to go.
Nas100 Analysis Nas has been playing beautifully with the support and resistance areas respecting the higher timeframe trend lines. I have had many messages with people who have taken the trades from analysis and saw some amazing results. and yes it is as simple as that. Today I feel we will have some more bears, a bounce of 13297 will bring us down to 13042- 12776. However if we do break through 13297 I would wait for 13409 before taking a long trades to give me the signal that its clear for the bulls to come in. We should always look at higher timeframes just to understand what is happening in the market.
NASBTCMoving between daily MA200 and MA360, it's a matter of time to break one of those
Not financial advice, do your research
NAS100 - Will the long term support hold?Looking at NAS on the daily, price is approaching a trend line that has been well respected over the past year, along with RSI reaching towards the oversold territory, and the MACD already deep under; from a technical perspective, 12950/13000 could be a great price to enter a long position for a medium term trade. However, the key fundamental factor driving NAS lower recently (inflation fears - and rightfully too) should certainly be a cause for concern and could continue to push NAS lower to some key areas (12700 / 12200 / 11000 - maybe a little exaggeration here).
NASDAQ Analysis Nas had a nice rally down and those who followed my previous post made some good profits. Thank you for the screenshots great work.
Looking at the higher timeframe we had some rejection from our trend line which may cause the price to carry on moving up. For the bears to continue I will be looking for a break of 13168 which will carry the price down to 13041-12775. A break of 13409 we will see the bulls come in and push the price back up to 13793 and further.
Nasdaq on last kissNasdaq broke down the huge ascending channel and has retested ......
Now the overall trends changes to down trend....
Let's swing the sell down
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NAS100 AnalysisHi guys hope you all had a great weekend.
We had some good bullish movement on Friday taking price to 13793 zone, The market is still respecting the support/resistance line drawn early last week. This week its still a very mixed feeling, The bearish fall may not be over yet. If we look at the higher timeframe, This bullish push can be just a pullback for the bears to continue. We will need a clear of 13793 for the bulls to continue. I would watch the 4 hours carefully to see how this plays. A break of 13664 can result in bears pushing down further. I will highlight the Daily/4Hr timeframe on a separate post.
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NASDAQ AnalysisMarketing is consolidating ready to break anytime now. We can expect more sell off bring price down to 13298-13168. Just be careful of the fake breaks before it continues the desired direction. Dont get caught up. If the price does decide to go up id wait for 13664 break before taking any buys. This will give me a better clear signal for the buy.
NAS100 analysisHi guys Sorry I been off few days hence no charts.
Lets get back to it. We have had a really nice fall yesterday, hope you all caught some pips if not I'm sure we will get more opportunities today. As we can see from the chart double top has been formed which resulted in this drop. We have broken through the neckline and we can expect further drops. Just be cautious of your entry as we will defiantly get pullbacks before continuation.
We had reached our target 13664 and now we may get a pullback soon before continuing to come down to next target 13539, 13409, 13298. However if we do go back to 13923 then I will be looking for buys again as sellers failed.
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nasdaq100 analysis The bears had failed yesterday and bulls have taken back control. Amazing how your support/resistance is so important. as you can see each time it touches it to the pip. We had a quite a bit of bullish movement last night which I assume will continue today. A break of 14064 will will be going towards 14200. However if 14064 does hold it resistance then price can come back down again to 13955 and below.
Moonphases backtested QQQ NQ NASMoon phases begin 3 days after, marked by vertical lines. If the trend started the same day I gave it credit. If you could've lost considerably holding till the next moon, I put it in yellow, but still gave credit for initial trend.
Full moon (bot) was correct 9/9 1 ylw
New Moon (top) was correct 7/9 2 ylw
So it seems you can trust moon phases more than most indicators! Overall 88% accurate, with Fulls near 100%, and News @ 77% accurate.