Nasdaq -> Obvious Top FormationHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 is currently approaching a quite obvious previous weekly structure area which is now turned resistance exactly at the $13.500 level.
You can also see that from a weekly perspective, Nas100 is a little bit overextended towards the upside and in my opinion we are ready for a short term correction before we will then see more continuation towards the upside.
On the daily timeframe you can see that Nas100 is currently forming a rising wedge formation which is always considered a reversal sign, so I am now just waiting for some bearish selling pressure before I will then enter a short to capitalize on the next dump towards the downside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Nas100short
Nasdaq -> Bearish Then BullishHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 just recently perfecly broke above a major previous weekly resistance area at the HKEX:12 ,500 level which is now turned quite strong support.
You can also see that weekly market structure and moving averages are both bullish, indicating that we definitely have more upside potential long term so I am now just waiting for a deep retest of the previous resistance zone before I then do expect more weekly continuation towards the upside.
On the daily timeframe it seems like Nas100 actually formed a top formation over the past couple of days so I am now very interested in a short term short opportunity back to the weekly support at the HKEX:12 ,500 area before I then also do expect a next daily rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
NAS About To Make A Move?whats up TV Family!
quick question ? are yall loving the ideas being shared? if so Share some feed back with me on what i can do better to improve your experience!!
In this Analysis i'm looking at NAS100 and i am seeing a Significant rejection starting to take place here, i also see that we have respected this Beautiful uptrend for some time now, and once we see PRICE ACTION CLOSE BELOW the trend i wouldn't be surprised if we didn't see a very quick decline in price towards projected target areas i have drawn up that are high probability reaction areas as its not just a simple support but rather a strong area of interest with A Bullish engulfing OB that have been formed ( both blue boxes show the Bullish Engulfing OB ORder Block on the 1 hour time frame where i anticipate price to come!
Disclaimer - trading is risky and you can loose 100% of your trading balance with incorrect risk management! this is why it is important to master and manage your risk management plan before you even think of taking your first trade!!
i am not a financial advisor and this is not financial advice, please do your own due diligence and market analysis as this is shared for educational and demo purposes!!
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 Weak momentum observed 👀Hello traders,
Nas has been bullish for a while trading up making a higher high and higher lows, as you can see in the chart it has recenlty failed to make a higher high. Nas could potentially drop to around 12530.00 if it breaks the channel and the Lower low. Leave a like and comment down below your thoughts on my anlaysis.
Cheers 🥂
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 -> Time To BreatheHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 is currently approaching a quite strong previous structure area exactly at $13500 which is now turned quite strong resistance once again.
You can also see that Nas100 recently had a quite agressive rally of about 15% towards the upside, perfectly following my last predictions on this asset, but now I think that we are ready for a short term correction so I am now just waiting for an opportunity to get short at the weekly resistance area.
On the daily timeframe you can also see that we are retesting resistance, we also aready created some bearish structure with today's price action so I am now just waiting for a good short entry to then capitalize on a short term rejection away from the resistance area.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
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 HEAD AND SHOULDERHello traders!
Nas has formed a nice head and shoulder, i am looking to short after the break of the the trendline, it has acumulated liquidity in every touch of the trendline. It could be a signal of the market direction for the big news later on today from Federal Reserve Chair Jerome Powell.
Cheers!
US100 is on sell positionUS100 making HH and HL, just take an entry and get some profit
US100 sell at 12322
TP 12210
SL 12370
NAS100 | A rise and then fall to 12021.50| ShortNAS100 is aiming for liquidity above 12158.09 and then fall to 12021.50. As mentioned in our previous idea, NAS100 bias is bullish on higher timeframe. A violation of 12158.09 will imply that buyers have gained control of this market and NAS100 will switch bullish on lower timeframe to align with the higher timeframe trend. If it cross above 12158.09 today, for me that would only grab liquidity and fall to 12021.50. Because the market is closing today for the weekend we are interested to see bullish momentum unfolding as from next week.
We will be monitoring price if it can fulfill these few things for clear confirmation for us to be able to engage in this market as from next week.
If you guys find this helpful, please do support this idea with likes.
Do also comment below as to what you think will happen to NAS100 as from next week.
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 Short~Looking for a drop after a retest of the previous support lvl that was broken. noting looking back u can see it being a resistance lvl that was turned into a support lvl Im only looking to short till the nearest support area which would be on the 11,900 mark but this is a practice test of my own strategy or trade style I'm trying to build. so (DEMO Trade)
SQQQ on Bullish Signal Uptrend - Potential Recession is Coming SQQQ price closing on 50.24 USD where on the breakout of resistance level 48.68 USD yesterday. Notice that having a huge buying volume to support the breakout (cup and handle pattern), this indicate it is a strong bullish signal where investor can consider to take "Long" position on SQQQ with current price (50.24 USD). To be conservative, can take 46.19 USD as stop loss position which approximately 8.03% of risk.
This would possibly on strong upward trend while potentially NASDAQ would be on bearish trend. Most likely " Recession is Coming" ...
On the other hand, take a look on another chart regarding QQQ ETF which tracking on NASDAQ-100 Index:
Based on my humble analysis, we can see NASDAQ-100 index had formed "Head and Shoulders" pattern. Yesterday the chart just on the breakout support level position with high selling volume of transactions. This mean it is high possibility that NASDAQ might go into "free fall".
Thus, might be a good opportunity to trade SQQQ with manageable risk now (if practice stop loss of 8% from yesterday closing price - 50.24 USD)
“Past performance does not guarantee future performance. This is for just my personal opinion but not trading advise.”
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.
Catching Nasdaq on stem dips.NASDAQ - Intraday - We look to Buy at 12404 (stop at 12293)
Posted Mixed Daily results for the last 9 days.
An overnight negative theme in Equities has led to a lower open this morning.
A sequence of intraday higher highs and lows has been posted.
Bespoke support is located at 12383.
A Fibonacci confluence area is located at 13347.
Our profit targets will be 12688 and 12738
Resistance: 12700 / 12820 / 13347
Support: 12383 / 12201 / 11845
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