🐻US100 NeutralNas100 has been very bearish for weeks as a result of the Russia Ukraine crisis and rising USD rates.
From the impulsive bearish movement price has tested a major supporting trendline on the weekly for the third time, sparking a bullish movement.
An inverse head and shoulders was formed and the price broke the neckline, moving higher.
The market has now tested the 61.8% Fib retracement. This will likely result in a bearish movement that will lead to the retest of the Inverse head and shoulders or a complete bearish continuation.
We also see that a trendline Off the daily has been broken, and this could spark a massive bullish movement if price breaks above 12350.00
Happy Trading!
Nas100short
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.
SHORT ON NAS100Price falling from a ascending triangle.
US dollar is strong after J Powell just spoke.
NAS100|The worst is still to come, more selling ahead!I was just going through the chart and market history and decided to share my thoughts on the current market situation.
We can definitely see that the stock market is tumbling to the floor. But the big question is, where shall this end? Everyone is eager to know the answer so we buy the dip.
The chart above is a weekly chart. NAS100 continues to break the lows as we can clearly see from the past weeks. Today (Monday) NAS100 is trading below the May 2022 low. A daily close below this low will mean that NAS100 will continue further down. Ahead of it is the 200 simple moving average. I have also plotted my Fibonacci retracement tool from point A to B and noticed that- near the 200 SMA is the 61.80 fib level. Should we expect the market to bottom around this level? Only time will tell.
I also took time to study the 2008 financial crisis chart and see what I could possible learn from it.
In 2008, NAS100 tumbled with at least 50% from June 2008 high to November 2008 low. For sure many where watching the 200 SMA and perhaps thought the market would bounce up from there, but as we can see on the chart below the market just went through the line and further it collapsed.
Today, history is definitely repeating itself. We can expect the 200 SMA and 61.80 fib level to be penetrated and 78.60% fib level might be an ideal level to watch this market and that is at around 9000.
Maybe you are wondering. What exactly happened in 2008?
By the winter of 2008, the U.S. economy was in a full-blown recession and, as financial institutions' liquidity struggles continued, stock markets around the world were tumbling the most since the September 11 terrorist attacks.
In January 2008, the Fed cut its benchmark rate by three-quarters of a percentage point—its biggest cut in a quarter-century, as it sought to slow the economic slide.
The bad news continued to pour in from all sides. In February, the British government was forced to nationalize Northern Rock.
In March, global investment bank Bear Stearns, a pillar of Wall Street that dated to 1923, collapsed and was acquired by JPMorgan Chase for pennies on the dollar.
Source: Investopedia
The bottom line?
US inflation accelerated to a fresh 40-year high in May to 8.6%, a sign that price pressures are becoming entrenched in the economy. That will likely push the Federal Reserve to extend an aggressive series of interest-rate hikes and adds to political problems for the White House and Democrats.
With all this on the table, we can expect the worst for the stock market.
I believe the stock market will continue to tumble and picking bottoms at this time is not a wise idea.
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NAS 100 (NASDAQ) H4 chart. The overview marketNAS100 seem to be aiming to retest the breakout that took place at level 12327.7 on the 27 May 22. If you look, you will see that the market was moving on a channel for some time before a breakout and the price never had a retest after that and now we are seeing the market coming back to that level. If the price is to just do a retest, we will see the price pushing to the upside and if not the price will keep moving with the bearish move as we are all that the market is still bearish anyway.
SHORT ON NAS100 Price has finally broken below the support zone of a range.
The dollar is also stronger which should continue to push the Nas down further.
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.🧅
SHORT ON NAS100Price is currently in a downtrend and has broken a major level of support now retesting it as resistance.
Showing multiple rejections (very close to triple top)
I will be shorting this index to the 11700 levels.
🧅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.🧅
Potential Distribution FormingNice BOS on the 10/15m on SPX, if we see this turn into a distribution and continue to fail the highs/break the lows i'll be looking for sells on NAS/US30...
If this is a Sign of weakness now we should get a push down (Tricking the early sellers) before a liquidity hunt up wiping them out before the move continues down... (If this turns out to be a true schematic)
Will probably happen during NYSE open (If it does) Let's see..
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
(Bad News) Sell or LoseToday is gonna be a major day this week, see why:
Today we have the:
1) "Initial Jobless Claims" report (It's gonna be bad)
2) “Core Durable Goods Orders" Report
Thursday we have threatening reports too:
1) “The Federal Open Market Committee (FOMC) Meeting Minutes” (It's gonna be bad too)
2) “Gross Domestic Product (GDP)” (Not positive at all)
Conclusion: All these reports in these 2 days will drag the market down to probably 11,460$ if not lower.
NAS100| Expect more selling pressure!Nas100 is still bearish. Last week, bulls failed to take the market higher, instead the market printed another lower high (as we can see that the market has already printed a series of lower highs and lower lows).
Nearby resistance is seen at around 12300, second resistance is seen at 13000. In case of a bullish move this coming week, buyers would have difficulties to violate the first resistance. On the other hand, bears continuing to dominate will send price lower and they would be eyeing 11000 as the first nearby support. Second support is seen at around 10690.00. I have a strong bearish bias and as long as price continues to trade below 12300.00 we can be certain that 11000 would be an easy target for sellers.
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Next Target 11,500 (Sooner Than Ever)Fed to Plow Ahead on Half-Point Hikes , Undeterred by Stock Slump
Powell says won’t hesitate to tighten above neutral if needed.
St. Louis Fed President James Bullard, a hawk and Federal Open Market Committee voter, said he backs the central bank’s plan to hike interest rates in half-percentage-point steps -- moves that are already reflected in rates markets for the upcoming three FOMC meetings.
Falling equities assist the Fed’s goal of slowing growth because of the “wealth effect” in which investors curtail some spending in response to market drops. JPMorgan Chase & Co. economists have cut their US economic forecasts for this year and next, citing in part the decline in stocks.
What to watch this week:
G-7 finance ministers and central bankers meeting Wednesday, & Eurozone, UK CPI Wednesday
J. Powell Announcement (Certain Crash Coming)
J. Powell announced today that we will NOT hesitate to be MORE STRICT in increase the rates even more, regardless of the market consequences. It’s clear that the Fed is estimating a crash and can do nothing about it so, Powell is going with the flow. Why not!
Inflation is the main target here and the Fed is gonna do anything to reach their aim.
Short now or you’ll cry later.
Good luck
🧅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.🧅
NAS LONG TERM DROPNasdaq is currently in a heavy bearish market and has no signs of stopping.
I am looking for NAS to continue dropping down to hit the trendline sometime during August. It should cover 50% of the COVID crash which is almost equivalent to a 50% drop from the highs.
After that target is reached, I will be looking for buys on NAS all the way to 20k.
Trade safely and risk only what you can afford.
This is not financial advice.
PM me if you have any questions.
Nas100- Where to sell?There have been 3 very bad days for Nas100 and indices across the Globe with, in the Nas100 case, a drop of around 1000 points and a significant break under 13k important support.
Now the index is in a normal rebound and this can offer bears a good opportunity to sell at higher prices.
In my opinion, the sell zone is between 12750 and 13k and only above 13.300 would put a pause in this bearish scenario.
NAS100 Short SetupPair: NAS100
Side: Sell Limit
Entry:12172
Stop Loss: 12238.50
Take Profit:11839.23