NAS100| Is the stock market recovering now? Top down analysisLet's examine NAS100, first on a weekly timeframe. We see that the index has been in a strong downtrend. Was the bullish impulse that began yesterday breaking a triangle on lower timeframe a sign that the stock market is recovering?
On 16 May 2022 NAS100 bottomed at around 1150 (Y) and then rallied up to test a zone that was broken at around 12945 and 13000. From there the market declined significantly and bottomed few pips closer to 11000. Since then the market had been on a rise and I believe it is going to test the 12945-13000 zone again for the second time.
Around 12945-13000 zone I expect the market to decline again and I believe it will fall to 1150 zone.
Because the market is rising to test the 12945-13000 zone for the second time, sellers seem to lack much strength to push price lower. It is more likely that we will see a strong base around 1150 and 1300, which in the near future if violated to the top it will signal stock market recovery and if violated to the bottom we will likely see another low.
Making 1150 and 1300 as important levels to keep in mind as in the near future we will see these levels being tested again.
On a lower timeframe we see that the index is approaching that 12945-13000 zone and we also see that the index is within a descending channel which I believe at one point in the near future the resistance of this channel will be tested.
I have also attached the chart for Tesla, one of the giant stock companies that influences the direction of the market. Tesla had been trading within a triangle pattern and I believe once a breakout occurs the direction will be determined . We are expecting Tesla report later today which will be for the fiscal quarter ending Jun 2022. Positive report from Tesla will impact Nas100 positively and negative report will do the opposite.
What is your long term bias on NAS100? Are you bullish or bearish? Please share your comments below.
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Trade smart!
Nas100idea
🧅My trade journal 7/20/2022price moving up as a bigger TF created a short term long setup
Overall NAS100 still in a down trend
still in a rainy season, i stll fxkin hate rain. might become rotten onion as rotten tomatoes
I put all the works on the chart, just read it .
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🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
NAS100 sell from resistance level!I expect NAS100 to fall to 1112 seeing that the index is in a strong bearish momentum. The index is trading below a horizontal resistance and a falling trendline. I will be looking for selling opportunities with goal to 1112 during New York Session.
Please support this idea with likes and comments.
🧅My trade journal 6/30/2022Same as my every educational post
But to day i'hv describe all of it
My emotional while i'm trading
My right&wrong entry
Feel like it will be a good new chapter of my trading journal
Good Luck Trader💯💯
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🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
🧅Nas100 Daily TF Overview 6/8/22From my previous analysis Nas created a Break of structure.
and this might be our lovely FVG.
Is it time for a Long position ???
Ask your self.
I won't provide you any signals . you have to learn how ,for your long term success.
and i'm still learning everyday.
Be the onion🧅.
Watch all my related ideas.
Good Luck Trader💯💯
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🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
NAS100 overall bullish projection and trend reversal!Hello everyone,
Yesterday I discussed about NAS100 and its current developments on lower timeframe. I spotted certain patterns that seems to repeat themselves. You can take your time to read my previous idea on this to have an idea of what I am talking about by following the link below.
If we expect a bull rally soon as discussed yesterday and possible reach 13000 in the near future, it is easy to believe that we will see a giant inverse head and shoulders on the higher timeframe which will eventually sponsor a strong bullish move to the upside and change the overall trend in this market.
Keep in mind that the market may not turn out to exactly move in the same way, even if we can be confident in its future destination. I for my part will use the overall idea as a road map, but the streets may be curved.
If you enjoy this idea please do not forget to show your support with likes. I will highly appreciate it.
If you have any question, feel free to ask in the comment section below.
NAS100 repetition of patterns. What is it trying to tell us?NAS100 repetition of patterns. What is it trying to tell us?
Hello traders,
let's examine NAS100 and see what it is trying to tell us.
Back in May we saw that after it created an inverse head and shoulders kind of correction NAS100 roared from there. Again it looks like the same thing is being printed right now. I am not sure if we are going to see an inverse head and shoulders but what I am pretty sure of is the correction is getting to its completion and whatever correction it is, soon we shall see NAS100 roaring, either up or down.
In my previous analysis and discussion I have mentioned of this correction.
These are few things I will examine to take opportunity of the strong coming moves on NAS100.
A close below 11000 will mean that the recent low (head) will be broken and that means the inverse head and shoulders will no more be valid. That will signal bearish continuation and attract more selling pressure.
A close above 11750 will mean that the inverse head and shoulders is coming into play and the neckline will be violated. That will signal bullish reversal and attract buyers in the market.
Whatever the case may be, it is great to keep on the watch as the market is preparing for big moves.
If you enjoy reading my ideas please be kind to leave a like. If you have any question feel free to ask in the comment section below.
NAS 100 Weekly AnalysisNAS 100 weekly analysis. The market is still on the down trend. This is indicating that we need to look for selling opportunities more than the buy once. if you do take a buy signal make sure that you don't hold long, due to the market being bearish. This is just my opinion not financial advise.
I will watch out NAS100 to Sell at these levels! I would like to see it pull back in either the 38.2% Fibonacci level (#1183), or the 50% Fibonacci level (#12000). I will be watching for rejections at those levels with a strong bearish bar on lower timeframe. Seeing that the market is more bearish, it's most likely that one of these levels will be an ideal for short positions. I will be eyeing psych level 11000 as my first target and hopefully trail in some orders to see how far it will fall. As I discussed in my previous idea, I expect the worst for the stock markets so bears are in this for a long haul.
If you have any question please leave it in the comment section below.
If you enjoy reading my ideas please be kind to leave a like.
NAS100 Entries + Exits for FREE (Best Reverse Strat)The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately.
All likes/comments and feedback are very much appreciated!
How to play my chart:
Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there.
The same exact thing goes for resistance sell/break plays!
What I am watching for on NAS100!Who else had terrible days last week?
NAS100 and I weren't cool last week. I had devastating punches in the ring. Just when I thought it gave me a very beautiful bullish continuation pattern, it dropped like rain after the U.S CPI data release.
I want to allow the market to still digest the data of last week. I am hoping to see a correction soon at least at the May low, there I want to see some sort of corrections which will help me have vivid details of the future direction of the index, whether it will rise from there or drop further and I will take it from there.
One thing I have learnt and something I have to continuously remind myself:
Never trade the market when it's in the correction phase, it is very frustrating and it keeps you glued to your computer all day long.
I want to keep my trading simple and look for ways to enjoy myself and STOP worrying about every move on NAS100. It will definitely move and I am not going to stop it or tell it where to go, I will only wait for best opportunities to show up and capitalize on those.
I hope you do the same. Don't chase the market, take it simple and remember there are a lot of instruments to take a look at, diversify your portfolio.
And remember to always play it smart, the market doesn't owe you, it is hungry for more!
NAS100 6/7/22Before london session begin we can identified liquidities above those lower high.
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Once 9:30 begin stocks market open Price reached FVG then start rally down.
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Overall i'm still looking at 12000 key level .
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🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
🧅NAS100 6/4/22I have decribed how the market move from my perspective .
before and after the newyork session begin.
unfortunately i can't publish 1m TF ,you guys can click the link on the chart to see it's in my private post for a better view.
Let's learn together
Good Luck Trader💯💯
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🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
NAS100 USD OVERVIEW D TFbeak of structure appeared ?
This might be a good opportunity for Long position.
3000++ pips Gotta Catch 'Em All!
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🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
Nas100 two possible scenarios from this key level!Nas100 broke above its falling channel that kept it in a strong downtrend since March 2022 closing above the 10th and 17th May highs. Ahead of it is the 12800 key level where I anticipate price to stop or make some reactions. A break above the 12800 or 13000 vicinity will expose the next resistance level at around 13570.00. If buyers hesitate to break the 12800-13000 key level, we could see price retracing lower and the nearby support is seen at 12000-12050.
I will watch for any possible trading opportunities in this market.
I will appreciate your continuous support, your likes do really matters to me. If you have any question feel free to ask in the comment section below.
Namaste❤️
🧅Read & Learn market structure NAS100I have decribed how the market move from my perspective .
before and after the newyork session begin.
Let's learn together
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🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
🧅Nas100 1:10 RR 1:10 RR on Nas100
1.price already reached 15m OB
2.price already reached Daily FVG
target at Last Low candle on Daily TF which is Daily FVG
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Good Luck Trader 💯💯
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🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
NAS100 Short SetupPair: NAS100
Side: Sell Limit
Entry:12172
Stop Loss: 12238.50
Take Profit:11839.23
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.
Nas100 New Entries + Exits (Best Reverse + Momentum Strat Ever)The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately.
All likes/comments and feedback are very much appreciated!
How to play my chart:
Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there.
The same exact thing goes for resistance sell/break plays!