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
Nas100short
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.
Potential Butterfly Forming 🦋 NAS100 - Potential butterfly forming with D Point landing on a very strong OB. Price is falling towards very strong demand zones.
First demand zone I'm predicting a pullback-creating inducement, before price then breaks down to the D point for the true reversal in the premium Daily zone.
Let me know your thoughts!
Shark Almost Complete 🦈NAS100 - Nice 4H Shark almost complete, looking for a push up-to the next strong supply zone with a D point completion landing on a very nice imbalance fill/OB, could get a small pullback first but structure overall is bullish, looking very good for buys!
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.
Shark Almost Complete!NAS - Similar outlook to US30, looking for price to tap into the supply zone above (Completing the .886 of the shark) and retrace down towards one of the demand zones before then breaking the highs and completing the 1.13 of the shark!
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.
🐻US100 SHORTUS100 has been quite bullish the previous week. Price has recently reached an area of resistance on the 1D chart and is showing strong rejections off it.
Price has now formed a more complex correction which could either be a continuation or a reversal.
Considering The overall trend, we could see price break higher as this could just be a breakout build up.
I'm more confident in a short position though.
When selling, we should look for any bearish signals and the highest probability one would be price testing the trendline for the third time.
Targets for shorts should be at the support below.
CURRENCYCOM:US100
Shark Pattern Complete 🦈🦈NAS100 - Shark pattern complete, still waiting for a pullback, we've had some LTF imbalance fills (Do have LTF and HTF confirmation for sells) price is consolidating on the weekly high, i'm looking for a retracement before a break of the high.
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 SELLING OPPORTUNITY FOR 800 PLUS POINTS NAS100 From a weekly and daily perspective are still showing sign of downside pressure AND AT THIS TIME ALL IT TAKE IS 1 CATALYST FOR THIS PAIR TO CONTINUE MOVING TO THE DOWNSIDE SINCE BREAKING THE POINT OF CONTROL AT 14000 FROM A VOLUME PERSPECTIVE THERE ARE 3 POTENTIAL LANDING SPOTS WHICH ARE
TP 1 13040
TP 2 12400
TP 3 12033
STOP LOSS 12400
RISK/REWARD RANGES FROM 1:2.2 TO 1:4.6
STYLE OF TRADE: SWING TRADE
Nas100 bearish outlook and NFP expectationTraders, due to the tension between Russia and Ukraine the stock market was left volatile the past days and without clear indication as to where it is heading. But looking at the technical aspect of Nas100 we can only tell that it is in a strong bearish momentum and bulls are finding it hard to push price further high. Price dropped at around 14400 and we see it again trading within the falling channel. My expectations in few minutes during NFP are to see price rolling down and perhaps bears pushing price lower targeting 13200 or at least 13000 if possible.
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