NAS
Nasdaq Analysis Hi,
This is what I think price will do today. The price will most likely come back to 12500 area and then continue moving inside the triangle its created. I don't feel price will be breaking out anytime soon as investors are waiting for some more new reports to come out to make a decision which way to go. So for now patience is the key.
Nasdaq trading above very important level long or shortThis is not financial advice. This is for only my private trade plan. If you have follow at your own risk.
NAS Outlook 6/6Bias is currently bearish on NAS. I think the HTF may be shifting bearish. However it moved up so inefficiently that sell side liquidity is more attractive unless it really shows me it wants to go up.
NEXT MOVE ON NASAs shown on chart-
short around 13.5 for move to 11.5
Not trading advice
METHODS: geometry plus fib (50% retrace)
Double bottom ATTEMPT
NAS Outlook 5/29Bullish on indices overall, looking for retracements into demand to buy. a lot of imbalance and liquidity to target on the buy side.
Nasdaq 100 - No healthy signs in the Nasdaq 100 indexIn the previous post, we noted that we would pay attention to the closing price for 1st June 2022. The price closed below the 31st May 2022 low, which hints at the possible resumption of the downtrend. Similarly to yesterday, we will also pay attention to today's closing price. If it closes lower again, it will further bolster the bearish case for NQ1!. Besides that, we still maintain our bearish view on the Nasdaq 100 index and expect it to reverse to the downside soon.
Illustration 1.01
The picture above shows two possible scenarios for NQ1!; however, we have little faith in the bullish scenario. Instead, we expect NQ1! to start breaking down.
Technical analysis - daily time frame
RSI and Stochastic are bearish. MACD points to the upside; however, it remains in the bearish territory. DM+ and DM- are bearish. Overall, the daily time frame is bearish for NQ1!.
Illustration 1.02
The retracement below the sloping resistance will confirm the faltering bear market rally; we will pay close attention to it.
Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Nasdaq Key levels I gave you all the key levels yesterday the price was at the purple line. Look how prices played perfectly in my key ares. The important of drawing perfect key levels. You can see clearly price either respects it or breaks it. Crazy stuff
NAS 100 5/29 Sunday upcoming weekly outlook The market is looking bullish. I have marked the zones that I will be looking for. Its important to remember that there is a-lot of geo politics fundamentals that are still creating bearish pressure, we still have war concerns, inflation, supply chain issues etc. its important that we remain reactive and not predictive to the market. Have A awesome week!
Nasdaq Analysis Hi everyone.
We had a really clean break yesterday out the falling channel after some positive news releases. For today price will continue to go up at least 12584 the next resistance area. If this area is broken then price can push to the next level 12841. We will see some more bullish movements before anymore sells.
Nasdaq Analysis Hi Everyone,
Hope you had a great weekend and back for another crazy week. Sorry the analysis is a little later than normal. Usual time for main analysis will be approx 7:30am GMT.
Last week the analysis played out beautifully. Lets see what this week has to say. We are still in a downtrend on the higher timeframes. Nasdaq is in a falling channel, the market is also in some sort of consolidation if you look at the daily. The market broke out of 11700 area but then quickly came back up closing above this area. I feel we will carry on moving around the areas of 12061-11702 until the market is ready and give us a clearer direction.
I have given two simulation what can happen for the bulls and the bears.
BEARS: will most likely consolidate before pushing back down to 11700 area and this will also be the centre trendline and if broken we can see more lows.
BULLS: If after a little consolidation the trendline gets broken then we may see a rapid move up before pushing down to carry on moving back up.
Keep a eye on the lower timeframe analysis that will be coming up soon.
Nasdaq Analysis Hello everyone,
Yesterday was a crazy day. We had moves of close to 700 pips. The price smashed through all the key areas and reached close enough to the monthly lows as analysed and expected. Where do we go from here now?
So price is not only near the monthly low but also centre trendline. I will wait to see how price reacts around this area as it is a key area. If 11828 is broken then I would expect price to push down further to next level of 11687-11525. However price can also go back to 12132 area before coming back down.
Over the last 6 months tech companies have not been doing very well and rising in interest rates have played a big part.
5 of 5 complete? If this isn't a bottom, it's pretty close. 5th wave could extend a bit, but it's at the bottom of the channel. Bounced off 11.7k, which is 50% retrace from Covid bottom and ATH. First target, top of the channel ~12.8k. Stop/loss 11.7k.
Below here, 10.5k is 61.8% retrace from Covid bottom; ~8k would be -50% from ATH. They're very possible, but I doubt it running straight there, from here. Expecting a short summer rally until July/August Opex. More big bear moves around Sept Trip Witch.
Nasdaq Analysis - Retest and continue From the previous analysis, nasdaq has done as expected, failed to break the strong resistance area and pushed price back down. Price has currently broke through 12205 area of support, we will see how price reacts here and if it can close below. There is high likely price may push back up from here to retest levels around 12400 area before pushing back down, breaking through 12205 and going lower.
Always have a plan. You should know where you expect the market to go and when your entry and exits are. Sometimes its better to sit back and watch it play then enter over and over again and blow your account
Nasdaq Analysis Hi Everyone,
I will start todays analysis on the 4 hour time frame where we can see a bearish channel that had been formed over the last few weeks. We are now at the top of the channel again after the monthly lows of 11677 which was also the bottom of the channel. This area we are at the moment 12532 is a very strong resistance area which has been tested many times. The question is will this channel finally break pushing prices back the monthly highs of 13550. If this channel is respected and the area 12532 is too then price can push back down to monthly lows of 11677.
iv drawn the key support and resistance areas that we will need broken for prices to move. Key areas are very important as price will always play around these areas. breaking these areas will mean new key level can be reached.
Bears: 12205- 11677
Bulls: 12845- 12532
Will keep you guys updated through the day as it plays out.
30m Buy Idea 5/13/22 NAS100 Looking for price to take out the 4H buy side liquidity (5/13/22) and drop to the 30 min FVG (5/13/22) and 1H OB (5/13/22) then buy back up to take out higher liquidity
QQQ - A relief rally about to get prolonged or not?QQQ continues to enjoy the relief rally, which might get prolonged if the short-term resistance is penetrated to the upside. However, if that occurs, we will pay close attention to the price and if it manages to close above the mentioned level. In addition to that, we think that if the rally continues further, it might present itself with a good opportunity for short trade (re)entry. Therefore, despite the ongoing rally, we remain bearish on QQQ, and our price targets remain 295 and 290 USD.
Illustration 1.01
The picture above shows QQQ on the daily chart. A white horizontal line indicates support from 5th March 2021.
Technical analysis - daily time frame
RSI shows some relief; however, its bearish structure remains intact. MACD and Stochastic also remain bearish. The same also applies to DM+ and DM-. ADX does not show a significant drop, which indicates that the bearish trend is still not losing momentum. Overall, the daily time frame is bearish.
Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish; ADX grows. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
nasbuy nas at 0.0000016
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QQQ - QQQ poised to continue lowerWe maintain a bearish notion on QQQ. Accordingly, our short-term price target of 305 USD stays in place; the same applies to our medium-term price target of 300 USD.
Illustration 1.01
The picture above shows increasing selling pressure.
Technical analysis - daily time frame
RSI, MACD, and Stochastic are bearish. DM+ and DM- are bearish too. ADX paused a climb and dipped lower. Despite that, the daily time frame is bearish.
Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. ADX increases, which indicates that the bearish trend is gaining strength. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
QQQ - Nasdaq 100 to form new lows in the short-termYesterday, after the FED decision, QQQ gained over 3%. Despite that, we kept our stance and did not abandon our bearish price targets. Indeed, we noted that the relief rally was in progress and that the abrupt move up reflected the market's fragility. We think today's fall foreshadows more weakness ahead. Our short-term price target for QQQ is 310 USD; the medium price target is 305 USD.
Illustration 1.01
Today, we pointed out this bearish structure just before the fall. Additionally, yesterday, we also pointed out that declining volume accompanied the bounce in price.
Technical analysis - daily time frame
RSI reversed to the downside, which is bearish. Stochastic fails to move higher. MACD remains bearish. DM+ and DM- also show bearish conditions in the market. Meanwhile, declining ADX reflects a recent pause in selling pressure. Overall, the daily time frame is bearish.
Technical analysis - weekly time frame
RSI, MACD, and Stochastic are all bearish. The same applies to DM+ and DM-. ADX indicates that the bearish trend is gaining strength. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Nasdaq Analysis Hello Everyone.
Another great trade as planned. As analysed yesterday the price broke down this triangle it formed yesterday and reached the first target 12976. Price will most likely continue to push to areas of 12786.
Learning to draw key areas is so important as prices bounce around these areas. If you can get your key areas right you will not even need any drawings and pure price action will be sufficient enough to take trades. Many people struggle with drawing support and resistance lines however with the correct techniques it is very simple.
Nasdaq Analysis Hi Everyone,
Currently nasdaq is consolidating and i expect nasdaq to breakout this consolidation very soon. Im expecting a break to the downside and if we do get this continuation of channel then price will push down to 12430-12227. However if price breaks out of this channel up then i would wait for a break of 13360 to look for buy trades.
QQQ - Short term price target of 312 USDWe continue to be bearish on the Nasdaq 100 index. Our view is supported by a combination of fundamental and technical factors. Because of that we would like to set a new short-term price target for QQQ to 312 USD.
Illustration 1.01
The picture above shows Nasdaq 100 continuous futures (NQ1!) on the daily chart. It also shows the immediate support/resistance level which was broken yesterday.
Technical analysis - daily time frame
RSI, MACD, and Stochastic are bearish. The same applies to DM+ and DM-. ADX continues to increase, which signals that the bearish trend is gaining strength. Overall, the daily time frame is bearish.
Technical analysis - weekly time frame
RSI, MACD, and Stochastic are bearish. The same applies to DM+ and DM-. ADX signals the bearish trend is regaining momentum. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
