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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Nas100short
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
Nas100 can dive under 13k againAt the end of March and the beginning of April, Nas100 had 2 failed attempts to conquer 15k important figure.
Since then the index has dropped 2k points and now it seems to be ready to continue its downward trend under 13k
The recent recovery is in a flag and a drop under the pattern's support can lead to further losses towards 12.5k
In the medium term I will remain bearish on Nas100 as long as the price is under 14k
Nas100 quick short opportunityTraders here is a quick sell opportunity on Nas100. We know price is in a strong downward momentum and bears do not want to give up their positions yet. We can expect price to fall a little more to the demand zone as price didn't completely reach the level. With this short position I will target 13200. It is important though to cut positions before 13200 as we approach the demand zone for safety.
Do also consider checking out my previous idea for you to have a clear understanding of why I am taking this short position.
Previous idea
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NAS100: Intraday-SwingThe weekly is bearish. And the daily has not breached the last lowest low as of yet. so it may still carry liquidity until it reaches the low point. price is at the 13300 psychological level and looking for a test at the 13225 level and maybe a reversal. the trendline has been broken with momentum so my bias is that the trend will continue only until being tested at the daily Order Block.
NAS100: Intraday-SwingThe weekly is bearish. And the daily has not breached the last lowest low as of yet. so it may still carry liquidity until it reaches the low point. price is at the 13300 psychological level and looking for a test at the 13225 level and a reversal. the trendline has been broken with momentum so my bias is that the trend will continue until being tested at the daily Order Block.
Potential Shark Forming 🦈🦈NAS100 - Potential Shark Forming, bullish momentum with trapped liquidity and imbalance above (Which is also the 4H swing high point, If that breaks i'll be looking to take this long to the D point and then short (With confirmation of course)
SPX and US30 are bullish on the HTF if they stay bullish i expect NAS to break and follow the trend, either way price needs to head up there to fill the imbalance/mitigate the S/D zones!
Let me know your thoughts!
* 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.
Nas100 remains vulnerable to the downside|New UpdateHey traders,
This is just a quick update on our Nas100 projection. Yesterday I mentioned of why I thought it would be relevant to look for short positions on Nas100. My bias still remains although there were no much movement Yesterday despite some whipsaws that we saw during New York session yesterday. As technical traders, we should always scrutinize and follow new market developments. When new developments unfold we should be swift to change our positioning.
As of now, the change in trend will only be determined how bulls react today. If they successful push price beyond the falling channel then it would signal a change of trend. As long as price is within this falling channel, sellers will continue to press and their focus will be the demand zone at 13000.
I know you friends would have different opinion. I think it is best to also make it clear that this is my opinion and it is mine alone. Hahahaha. I would respect your view and will never want to criticize it because what one sees in the market others would see it differently. Technically speaking, we all have different trading strategies, styles and market approach. That's why there's a winner and that's why there's a looser. We all can't win or loose at the same time. That's what makes trading fun. We trade what we see, we trade our plans.
In addition, my ideas should only be viewed as expression of thoughts and opinions and not investment advice.
If you find my ideas helpful, please do not hold back your appreciation with likes. To share your opinion just remember to be kind here and clearly state why your opinion should matter.
Thank you!
NAS Outlook 4/2
My sentiment is bearish on NAS, however I expect price to turn around and take out everyone who thinks they got in early.
This gives us bullish opportunities early in the week. I am only interested in prices in and around the unmitigated 5min OB for long entries. Not interested on the long side of NAS till it does something to change my opinion.
Sells are valid from significant retracements to relevant POIs. However I don't see price truly turning around till about 15123.
These are not live orders in the market. I enter trades off most current price action.