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Nas100signal

Best place to sell NAS100!Hello everyone, Happy new week. Looking at NAS100 we see that it got rejected at around 12596 fulfilling my previous prediction. It also formed a double top which may suggest that bulls are struggling to push price further up. I would like to see price push up to 12500-12540 to look for selling opportunities. I anticipate NAS100 to fall to 11929. I will set my targets as follow: Target 1: 12260.88 Target 2: 11929.14 Stop loss: 12710.59 Do you think NAS100 will fall or rise? Please share your thoughts in the comments. If you have any questions do ask me in the comment section, I will be glad to respond. Do not forget to show your support with likes. I will highly appreciate it. Previous Idea
FX:NAS100Short
by Forexintelligence_NA
2
🧅NAS100 Overview 7/23/2022Price still in a Down trend 1st scenario : price break the Daily bearish OB & break previous high then fall down to 1H bullish ob. 2nd scenario : price won't break the Daily bearish OB then fall down to 10699. . Price was in a Fib .79 level & reached the bearish ob. so i will say that price >79% most likely to drop at this level . . . . . . . . 🧅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.🧅
OANDA:NAS100USDShort
by MLGONION
Great area to look for sell on NAS100!NAS100 rallied up strongly in the past days and it is now nearing an important zone, the resistance area around 12596 and 12800. I expect the index to react at this zone, where a fall occurs I expect this to drop at least until around 12298. Reason I expect reaction from 12596 and 12800: If we pull the Fibonacci retracement level from the high (displayed X) to the low (displayed Y) we see that the 61.80% level is plotting through 12596.58. However there can be a minor breakout and price fall back. In the case where the 61.80% level is completely violated, we can expect the market to reach to 78.60% which is at around 13021. We should also consider that there is a diagonal resistance level that plot from December 2021 through to March 2022. Otherwise I will be considering to look for selling opportunities from now. Do you have any suggestion or opinion? Please share in the comment section below. Do also show your support of this idea with likes. I will highly appreciate it. Do also check out my previous idea on Gold by following the link below.
FX:NAS100Short
by Forexintelligence_NA
2
🧅My trade journal 7/20/2022price moving up as a bigger TF created a short term long setup Overall NAS100 still in a down trend still in a rainy season, i stll fxkin hate rain. might become rotten onion as rotten tomatoes I put all the works on the chart, just read it . . . . . . . 🧅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.🧅
OANDA:NAS100USD
by MLGONION
Expect NAS100 to fall to 11776!Yesterday we saw a strong bearish impulse from 12156 as I mentioned in my previous idea and NAS100 erased at least 2.70% of its last week's gains. The market retraced up earlier today during London session and now trading around a downtrend resistance that extends from May 2022. Today I expect the market to fall from this downtrend resistance and target 11776.51. Have you any suggestion? Do you think Nas100 will rise or fall today? Please comment below. Also, do not forget to show your support by liking the idea. Trade smart!
FX:NAS100Short
by Forexintelligence_NA
10
NAS100 Sell from the triangle resistance!NAS100 is currently trading at 12125.37 at time of writing and still trading below bearish territory. At this level we see a triangle trendline that is connecting from 27 June 2022 and 8 July 2022. I believe the market can fall from here. I am considering to sell from the current level with initial goal at 11939.12 and I will carefully set my stop loss above the triangle resistance. Do you think the market can fall from here or go beyond the level? let me know in the comment section below. I will be glad if you show your support with likes. Wishing you a profitable week ahead. Trade smart!
FX:NAS100Short
by Forexintelligence_NA
3
NAS100 bearish outlook and possibility of selling opportunity!What's up everyone! The week is ending! Hope everyone had a great week. This will probably be my last trade for the week. I will be waiting for NAS100 to rise to my point of interest. Between 11896.48-11986.66 I will look for selling opportunities and my first target will be around 11633.73. If price break below 11560.00 then price will reach down to another key level at 11430.00 which will eventually attract more selling pressure and the market retesting the 16 June 2022 low in the coming days will be highly possible. I will pay attention to U.S economic data to be released later today which some of these are Retail sales and Consumer sentiment data. If the fundamental and technical outcomes meet my expectation, I will look for trading opportunities, if not I will rather wait until next week for clear market direction. Yesterday we had some good buy and sell opportunities that we caught. Congratulations to everyone that followed these on Tradingview and in my public channel. I wish everyone a wonderful weekend. Trade Smart. Please support this idea with likes and comments. Thanks
FX:NAS100Short
by Forexintelligence_NA
🧅My trade journal 7/15/2022My previous trade journal was in a private post...no wonder why It's was my fault i was too hurry to post the idea so i will linked below this description . if you want to see it just click on all my related ideas. . . . . . . . . 🧅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.🧅
OANDA:NAS100USD
by MLGONION
NAS100 is still pressured to the downside!As I stated in my previous idea, NAS100 still looked more bearish seeing that it had been in a strong bearish momentum for quite a while due to the fact that all U.S major stocks are struggling to pick up. As seen on the chart, the market created equal tops (double tops) which may suggest that the index has printed a supply zone. From my original bias, I still anticipate the market to reach 11200. It would be wise to look for short opportunities with targets at 1153 and 11200. Keep in mind to protect your positions wisely and follow your own trading plan as well as taking responsibility for whatever results from your trading decisions.
FX:NAS100Short
by Forexintelligence_NA
2
Lookout for selling opportunity at 12000 to 12100 on NAS100!Hello everyone, NAS100 rallied up yesterday with at least 4% breaking a key level of 11700, a level that was a local resistance. I expect NAS100 to rise a bit up to the falling trendline and around 12000-12100 there may be bears hanging around there waiting for their turn. I will look out for selling opportunities and here will be my goals. 11584.15 first target If the market breaks below the first target, second target will come into play. 11205.00 second target If you have any question please do ask me in the comment section below. Do please support this idea with likes.
FX:NAS100Short
by Forexintelligence_NA
2
Supply zone is the best place to sell NAS100! What's up everybody? Let's take a look at NAS100 and the current situation on it. As I discussed in my previous idea, NAS100 broke below its rising trendline previously and began to consolidate for a while building up a cluster of candles. Earlier today we witnessed the market breaking out of the cluster candles to the bottom turning the level into a supply zone. Currently we are seeing NAS100 pulling back into this area. If you missed the earlier sell opportunities, you can possible catch this one. As the market is pulling back into the supply zone, I believe the market will have difficulties passing through the supply zone at least for now. Bears will strongly defend this zone since the market was held for hours in this zone and expect the market to keep falling. 1131 and 1114 are ideal levels to set targets. Please like and comment. Previous ideas
FX:NAS100Short
by Forexintelligence_NA
1
NAS100 completed it's inverse head and shoulders pattern!Hey everyone, We discussed about NAS100 yesterday and mentioned of the possibility of an inverse head and shoulders formation on it. Today it looks like this pattern has been completed. The left shoulder, head and right shoulder have been established and the market broke above the key level. There's high chance that NAS100 will rise at least for a brief rebound to the upside seeing that the stock market has been oversold for an extended period of time. With this pattern in mind, I expect buyers to defend the violated key level. If they can be able to, then 12600 will be an easy reach for the bulls. I will continue to monitor the behavior of price above the key level to look for more buying opportunities. If you enjoy reading my ideas please be kind to leave a like. Yesterday we were able to catch the beginning of this long term move to the upside. If you didn't see yesterday's idea, here it is. Follow the link below to read more about the idea. NAS100 was able to break above a structure on lower timeframe. Well, this is one of my favorite structures that I look for in any market.
FX:NAS100Long
by Forexintelligence_NA
NAS100 overall bullish projection and trend reversal!Hello everyone, Yesterday I discussed about NAS100 and its current developments on lower timeframe. I spotted certain patterns that seems to repeat themselves. You can take your time to read my previous idea on this to have an idea of what I am talking about by following the link below. If we expect a bull rally soon as discussed yesterday and possible reach 13000 in the near future, it is easy to believe that we will see a giant inverse head and shoulders on the higher timeframe which will eventually sponsor a strong bullish move to the upside and change the overall trend in this market. Keep in mind that the market may not turn out to exactly move in the same way, even if we can be confident in its future destination. I for my part will use the overall idea as a road map, but the streets may be curved. If you enjoy this idea please do not forget to show your support with likes. I will highly appreciate it. If you have any question, feel free to ask in the comment section below.
FX:NAS100Long
by Forexintelligence_NA
1
NAS100 repetition of patterns. What is it trying to tell us?NAS100 repetition of patterns. What is it trying to tell us? Hello traders, let's examine NAS100 and see what it is trying to tell us. Back in May we saw that after it created an inverse head and shoulders kind of correction NAS100 roared from there. Again it looks like the same thing is being printed right now. I am not sure if we are going to see an inverse head and shoulders but what I am pretty sure of is the correction is getting to its completion and whatever correction it is, soon we shall see NAS100 roaring, either up or down. In my previous analysis and discussion I have mentioned of this correction. These are few things I will examine to take opportunity of the strong coming moves on NAS100. A close below 11000 will mean that the recent low (head) will be broken and that means the inverse head and shoulders will no more be valid. That will signal bearish continuation and attract more selling pressure. A close above 11750 will mean that the inverse head and shoulders is coming into play and the neckline will be violated. That will signal bullish reversal and attract buyers in the market. Whatever the case may be, it is great to keep on the watch as the market is preparing for big moves. If you enjoy reading my ideas please be kind to leave a like. If you have any question feel free to ask in the comment section below.
FX:NAS100
by Forexintelligence_NA
1
NAS100 is in a correction phase! What should we expect next?What NAS100 is doing right now is quite simple to tell and relate, the index is in a correction as it has done in the past. As we can see after a correction comes a rally/drop and after a rally/drop comes a correction. A week ago we saw a drop where NAS100 moved significantly fast without looking back, this week what we see is just a correction which is not yet complete in my point of view. We still need a swing high and maybe another swing low to complete this correction. What comes after that? Obviously a rally or drop. This is how I define these market phases: Correction Phase= Sleeping state Rally/Drop Phase= Awakening state Right now NAS100 is sleeping, there's nothing much happening but moving choppy, sideways in a confined space. I am waiting it to complete its sleep and pay closer attention to its awakening to catch a rally or drop. Taking trades within a correction can only be done wisely. Does this make sense? What should we expect next, rally or drop? Share your thoughts in the comment section below.
FX:NAS100
by Forexintelligence_NA
I will watch out NAS100 to Sell at these levels! I would like to see it pull back in either the 38.2% Fibonacci level (#1183), or the 50% Fibonacci level (#12000). I will be watching for rejections at those levels with a strong bearish bar on lower timeframe. Seeing that the market is more bearish, it's most likely that one of these levels will be an ideal for short positions. I will be eyeing psych level 11000 as my first target and hopefully trail in some orders to see how far it will fall. As I discussed in my previous idea, I expect the worst for the stock markets so bears are in this for a long haul. If you have any question please leave it in the comment section below. If you enjoy reading my ideas please be kind to leave a like.
FX:NAS100Short
by Forexintelligence_NA
2
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. If you enjoy reading my ideas please do support with likes.
FX:NAS100Short
by Forexintelligence_NA
4