Nasdaq Short Set upNasdaq reach previous high & show sign of "Bounces" in 1 Hr chart
Look into 15min chart for good entry.
Good luck!!!
Note: Pulling profit at your own determination. Don't make a profitable trade into losses.
Nas100short
Potential NAS short to Daily Kijun senLooking at this from the perspective of the IM Cloud and basing entry off of the 88.6% Fib retracement.
DOW JONES\NASDAQ - Tracking Minor Waves - Wave E In ProgressIn this video I make sense of the latest moves in these markets using AriasWave.
I am still bearish these markets and in this video I explain why these moves aren't bullish.
If these markets were going to go higher I would be seeing the evidence but there are no signs of this happening.
I do play devils advocate all the time which is why I am confident in my analysis.
See related ideas linked below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
NASDAQ - Tracking Minor Waves - Short Trade OpportunityFurther to my previous idea on the NASDAQ it's looking like a top is in place.
Similar to the DOW I am expecting lower prices.
Having the confirmation of 2 charts is also important.
You should always be care when trying to use one chart to confirm another because this leads to confirmation bias.
Just make sure you understand the waves because it will be the best evidence.
See related ideas below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
Updated: Nas100 Sell TradeWatch for a push up as (illustrated) to the upper trendline and a push down and enter a sell when u see a 15min flag or a 1hr one, on breakout
Thank you.
Trading idea nas100Looking for a short on the nas100, area was rejected multiple times on the one hour chart. Will look for a good entry on lower timeframes.
UsNAS 100 4HUnder slope line will get SELL
Blue line = take profit
Red line = stop lose
&
Above 12950 and stable there will be BUY
Nas100- Are we done?Nas100 made yesterday a new all-time high just under 12700 zone, the reversal from that point was violent and I think we have a top in place.
Now the index is sitting on the old all-time high support now and a break here would confirm that the break above it was in fact a false one and the index is ready to correct.
My first target for this drop is 11500
nas100 rising wedge Rising wedge plus multiple bearish divergences. need to break down here as we are conforming breakout.
NAS hit a top for now?the Nas100 is keen at following bearish divergences (as highlighted), and as you also can see there is a 3 touch bearish divergence here. doesnt look like the fed can hold up this market... we could be very close to a free fall as seen above. pay very close attention to this zone.
NAS100 at 12287'sI think Nas100 will retrace to the levels of 12287's,then from that point it will Continue with the downtrend levels up until 10670,looking to enter a longterm position on this with a small account,but If you looking to grow the account
You can also get it on its way up to the 12287 areas as a buy
Lets SELL NAS100 AT 12125 LEVELSAfter Nas100 Broke below the 4H trend,it is looking to retest at a level of
12125's movement that it will take when it gets to that level is a downtrend movement
Up to the level of 11245
Nasdaq- I'm more bearish than 2 days agoIn my weekend comment, I said that I'm bearish Nasdaq and I expect a drop sooner rather than later, and looking at the daily chart after yesterday's vaccine news I become more bearish.
After the hanging mean which concluded last week's run, yesterday we have a very aggressive reversal day that engulfs all Friday's rise and this for me is a clear signal that bulls lost control, vaccine, or no vaccine.
I will look to sell above 12k figure and as a target, I look for 11k zone but I wouldn't be surprised if it drops to 10k in the medium term
SELL NAS100 TP: 11250 SLAfter the NASDAQ indices had a bull run, the most obvious direction that it will take is a downward movement , In my analysis the 1H
trendline/channel has broken below and also retested, and
from now we will be seeing a downward movement up to the level of 11250.00
Nasdaq where to?The election week was a strong one for Nasdaq, with the price rising and managing to close above 12k.
Now the index is facing resistance and a strong sell zone so we can see the price rolling back to 11k.
On the other hand, a daily close above the previous top would put bulls in control and we can see the technology index making new all-time highs.
That being said, I will look to sell with a tight SL and a 11k target which can have a 1:5 R:R
Nasdaq to 10k soon?Since March, Nas100 almost doubled its value reaching a high of 12500.
Now this resistance is confirmed with a second drop from this zone and it can transform in a double top pattern if we'll have a break of support.
In my opinion, this will be the outcome for Nas100 and I will look to sell rallies.
Only a new all-time high will put a pause on this bearish outlook
$NQ1! Nasdaq 100 E-Mini FuturesWave analysis suggests the NQ! Futures are putting in a flat correction with some downside left in the market. This analysis coincides perfectly with wave analysis of some of the other major equities stocks and the uncertainty that generally plagues the market during an election year. Following the completion of this flat correction, we should begin to see some nice movement to the upside. My estimate is mid November for the correction to complete absent some major world event.
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NAS100 AnalysisNAS100 Analysis
The Market is still very choppy and indecisive. I hope we can get a break soon to get a clear picture where this is going. If we do break the middle trend line then we may see anything between 11400-11250 as for the bulls if it goes up a break of 11589 will take us to 11741
