NAS100 long from demand zone to 12000!The index made a strong bearish pull back into 11810 demand zone from the February 2023 high. Overall bias is still bullish, from the demand zone I anticipate a short term increase to 12000.
Please do support this idea with likes if you find this helpful.
Nas100analysis
NAS 100After breaking the trend line with a higher slope and breaking the resistance of the B pattern in the range of 12246, it touched two targets in the range of 12052 and 11898. Currently, to reach the third target of D3-11631, the resistance of D2-11898 must be broken.
In general, the trend can decrease to the range of the trend line with a low slope. But the conclusion after the above 3 targets is the best option ahead.
Look for sell opportunity on NAS100!This coming week, we anticipate NAS100 to further weaken. Technically, the index did not succeed to push price higher, instead it printed relative equal highs which suggest weaknesses. Bears succeeded to break below the 12200 and 12000 psychological levels which also acted as support. There is high chance that we could see NAS100 continue declining.
We will be monitoring price for possible short positions with two targets in mind, 110807.36 and 11458.89.
Traders, if you find this idea helpful please be kind to show your support with likes.
NAS100 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NAS100| Will the rally continue? Hello traders,
Looking at NAS100 we can technically tell that the index printed a triple bottom plus a violation of the neckline. The index is trading above the 12000 psychological level which is acting as both the violated neckline of the triple bottom and the new demand. My anticipation is that the index will continue to rise if bulls strongly defend the 12000 key level. We are also paying attention to the Dollar index (DXY), which is currently trading within a falling channel. If we can be able to see DXY making a pull back down to 101, then we will definitely see NAS100 and other indices continuing to rally higher. 13600 is the next supply zone bears will be setting their eyes on. I will continue to monitor price today or tomorrow to see if it can give us a good confirmation to go long.
US DOLLAR INDEX
I would be glad to hear your opinion in the comment section below. Can we expect NAS100 continuing with its rally up?
NAS100 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NAS100 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
nas100 buying and selling opportuniyhere i am looking for a buy on nas as market execution and will be trailing stop/loss as we move back up to target our selling area that are shown and marked up top
disclaimer - information shared is for educational and demo purposes only, trading is risky and you can loose 100% OR YOUR TRADING ACCOUNT
NAS100 OUTLOOK keeping a eye on nas at these levels after coming off a major pull back and making a lower high i want to see what price does around that 12500-12600 level if it holds we can start seeing another lower high which and another push down towards the 12100 level which is higher time frame orderblock area as well do keep in mind my biased is bearish at the moment due to the fact of lower highs and also a change of structure aka "choch" but doesnt mean we cant see a retrace up b4 coming down
now on the other hand if price breaks this 15 min orderblock we can see nas make a push towards 12600-12700 which is around the trend lines and also the pivot high for tomorrow so im watching as this develops just something to keep a eye on
NAS100 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Nasdaq could rise to 11500Friday, Nas100, nicely reversed from important horizontal support from 10600 zone, leaving a bullish engulfing on our daily chart.
Also, the price action since late December is drawing a double bottom with confirmation above 11100.
If we have this confirmation, the technology index could continue its rise to 11500 zone resistance.
Buying dips against support could be a good strategy.
Nasdaq Analysis 06.01.2023Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis:
Nasdaq Analysis 26.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
NAS100 top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Nasdaq Analysis 11.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis:
Nasdaq Analysis 05.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis: