Nasdaq- Where to sell?Since May Nasdaq has traded in a rising wedge formation.
Now the pattern is finally broken to the downside and the price should fall from now on.
A correction of the last 2 trading days drop is not out of the question and this can give sellers a good opportunity for short trades.
I m looking at around 15300 for my sell trades and as a target 14k support for an 1:3 R:R
Nas100short
NAS100 tested highs again...NAS100 started the day with downward pressure but hit a nice pocket of liquidity and had a nice late in the day rally. once again NAS pierced previous day high but failed to close above. This leads me to believe this will remain rangebound so for now Im interested in shorting the highs and buying the dips until further notice.
NAS100 rebound as SPX found support On wednesday NAS100 was applying pressure to the downside and looked like a break down was on the way but good fundamental news and SPX finding support @61.8 level gave it the boost it needed. Closing near previous 2 day high but not closing above leads me to believe there's some more possible downside. with retail sales data and the michigan report on friday only time will tell. will positive data continue to push this up or is this a rally that will stall.
NAS100 Nice bounce off reaction zone but not convincingGot a nice short opportunity as predicted into the 15350 zone 38% level where we got a nice reaction and another short term long opportunity for a quick in an out. With big inflation data coming Tuesday Sept 15 i'm NOT VERY CONVINCED that there's not more downside to come. some nice volatility and ill be looking at the 15100 zone 61.8 level as my next area for a reaction.
Another sell opportunity on Nasdaq100 after breaking below 15575Hello Traders, if you been following my previous analysis, you probably caught the sell opportunity on Nasdaq100 at the highest point. We are still holding our sell orders hoping it will continue to go down. We witnessed quite some number of whipsaws during the New York session opening today and yes we should expect this in a market that is known to be very volatile. My bias on Nasdaq100 is still bearish, still holding the previous sell orders that were taken at high price. Right now, Nasdaq100 is correcting itself and looks to me that it will continue to drop down after the bearish correction has been completed and violated to the downside. I will keep monitoring further developments, hoping to take another sell order if price breaks below 15575.The next target will be 15465, but remember this is a long term analysis, Nasdaq100 will continue to move to the downside to meet the support of the rising channel on HTM. Remember to lock positions when the opportunity is granted.
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Happy trading!
NAS100 starting its downward pressure???NAS100 starting to look like some downward pressure is coming. Will be looking at 15500 level for its reaction and possible further downside. very interested in the reaction to the 15350 zone accompanied by the 38% level. If we get a nice reaction there and still close below 15400 I think we will see further downside to the 15100 zone/61.8%.
Will NASDAQ finally corect? Nice R-R!Hey tradomaniacs,
technically a good sport to sell here though the market is very chaotic and volatile.
With the previous breakout and now retest which seems to find supply we could consider to take a short-trade here with a high risk-reward-chance.
Obviously risky as we get a lot of FED-Speeches and the market will be listening carefully to every single word they say!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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NAS100 ANALYSIS Full top down analysis, anticipating -short term sell on the M15 creating a third touch on the outer structure (H1)/sweeping the lows, then pushing up thus creating new highs
NAS 100 SHORT UPDATES!Just an update on the previous post ,this trade is based on the daily time frame ,I am setting my TP @14864.60 and moving SL to entry as it goes.
NASDAQPatiently waiting for NAS to touch that Resistance level so we sell hard..trade safe and be blessed
Nas100 IdeaWe are looking at the Nas100 chart and see that we have rejected the resistance level and are looking to take a short position
NAS100 exhaustion???After getting a decent reaction from 15100 level we pushed back up asian session to grab some liquidity from 15150. Will the market have enough power to push up through 15200 during NY or will we see a stong early week end of month sell off. ONLY TIME WILL TELL but im on the sell side.
SHORT POSITIONNas100 Technical
FORECAST BEARISH
We had some nice bull run on nas100 last now we are at a strong level of resistance
am looking for shorts on nas100 my analysis already confirm short and also fundamentals
Nas100 broke the trendNas100 has broken the trend line and it has now retested the trend line after the break, which means the selling is been initiated.
Nas100 on a short PatternNas100 on a sell point, we have been selling this pair and we are on a sell mode again as the pattern has been completed.
NASDAQ 4H Analysis This is my analysis of NASDAQ under the 4H time frame
Trend line was broken and I notice significant BEARISH momentum in play with the last 3 candles.
I await for a break of structure and confirmation candle to close below said structure. I will enter on the 1H / 30min time frames.
NAS100MY NAS100 people what's happening , will the NASDAQ CONTINUE to move further up !! or will we see a bounce to the down side? Let me know what's up
US100 BUYPut US100 on watch list I am going to keep you updated on this chart let make money and live life
Nasdaq ShortThis is how we expect for Nasdaq to move down, with some reactions to our supports and resistances,
Lets see how goes ...
@FxShzd
nas100 buynas100 buy
Reasons :
1)nice pattern trend indicates to go up
2)my ema line touching the support levels which are being marked then it automatically hits up
we expect the stock will rise up once it touches the blue line and expect it to go until the green line level.
don't buy now,trade only when you see another support level,
or buy only when you see 2 naked bullish and bearish candles beside each other.
