Get started

Nas100analysis

(Nas100) it is not what you think!It is not what you think, but what the big guys think! 12000 might not be the bottom. Hey everyone! Let's take a look at Nas100 and see what is currently shaping up. The index has really faced a critical moment the past few months, leaving so many speculations among investors as to where the bottom will be before it skyrocket again. I had to take a moment to look at the index thoroughly, also evaluating the performance of major tech stocks that influences the direction of the index. I have a feeling that the bearish move on Nas100 is not yet over and we can still expect further decline towards the 200 simple moving average which aligns with our next support around 11000 (November 2020 low). I think the big whales are eyeing this level. I also attached the chart of one of the giant tech stocks that I find to influence the direction of Nas100- Tesla. What we see below is a larger correction and it seems like tesla has to fall to the support of this larger correction. If so happens, then we have no doubts that Nas100 will continue facing downward pressure in the coming days. Do you have any suggestion or opinion? Please be kind to write it in the comment section below. Do also consider showing your support of the idea with likes. Tesla chart
FX:NAS100Short
by Forexintelligence_NA
1
Nas100: Bullish continuation from key levelsHello everyone, Thanks to everyone that continues to show support to my ideas I post here. In my previous idea I mentioned of Nas100 and the falling trendline that needs to be breached to confirm a fresh new bullish trend. It was great that we managed to take the first move and reached our first target and hoping to hold some positions for longer term. If you followed my previous idea, congrats to you. Previous idea What do we see right now? As I said the market breached the sloppy downward trendline and the market is now showing strong bullish signs. Here is what I expect today: At the time of writing the market has already pulled down to 13384.14 area. Basically this is a key level that was slightly breached. I am expecting that there would be some sort of retest at this area and price pushes up. If the retest would not be sold enough then we can expect a drop to 13160-13167, around this level there is also a key level. From these points we can expect the market to rise. This same applies to US30 and S&P500, these two counterparts will also rise. Please do take time to check out my other previous ideas by following the links below. First goal for Nas100 at 1415 Traders, please do support this idea with likes. Your continuous support is highly appreciated. If you have different opinion please feel free to share in the comment section below.
FX:NAS100Long
by Forexintelligence_NA
1
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.
OANDA:NAS100USD
by LondonTradingFloor
Nasdaq's 14,000 support line holding so far Nasdaq's 14,000 support line holding so far Despite all talk of aggressive tightening, US stocks including the tech-heavy Nasdaq is holding firmly. For the 4th session, buyers haven't hesitated to jump in to buy the dip every time the Index has dropped below the 14,000 level, representing a 15% drop year-to-date. Strong earnings are making it difficult for the bears, and technicals are signaling the index is willing to retest the 14,400 resistance before making any leg lower (if any).
OANDA:NAS100USDLong
by Atlas-Horizon
Nas100: The light is getting brighter/watch this pattern Nas100 is creating a triangle formation. We only have to wait for this pattern to be completed and violated on either side to be able to predict the direction of the market. As we know, after an impulse follows a correction, that is how the market moves and will always move. What we see right now is just a correction and a strong move is yet to come. Here is what we should keep in mind, if we see a violation of this pattern anytime soon to the bottom of it then we can expect a strong move to the downside, probably a move that will send price at least to 12000. If bulls succeed to reverse price and if they can be able to violate the pattern to the top then we will see a strong recovery on Nas100. Additionally, as long as Russia and Ukraine tension continues to escalate, we can expect the worst for the stock markets which will dramatically put downward pressure to the index. Maybe you have additional thought to add to this. Please make use of the comment section to share your opinion. If you like this idea, please be kind to hit that like button❤️ I truly appreciate each an everyone of you for your continuous support❤️ Keep on Trading Smart☺️ Forexintelligence
FX:NAS100
by Forexintelligence_NA
NAS100: Do not miss this buy opportunity!Traders as I mentioned previously, if bulls break above 14840.00 we can expect more buying pressure. Getting a boost from the giant stocks now turning green, we can only be confident that the Nas100 whales are back and higher price will be driven. I am very eager to see what will happen at the nearest high at 15250, a break above this level bulls will continue to dominate until 16000. I will probably take partial of my profit at 15250 and lock in some positions. If you caught this trade from my previous idea then congratulations. Do not hold back your appreciation by liking this idea.
FX:NAS100Long
by Forexintelligence_NA
1