Nasdaq -> When Does It StopHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that the Nasdaq is currently retesting important previous weekly structure at the psychological $15.000 level which is now turned resistance.
You can also see that over the past couple of weeks, the Nasdaq created a rally of about 30% towards the upside, breaking a lot of resistance towards the upside but now we are a little bit overextended so I am simply waiting for a rejecion away from the resistance area.
On the daily timeframe you can see that market structure is still bullish overall, there is no sign of the Nasdaq slowing down so I am still waiting for some bearish selling pressure before I then do expect also a daily retracement after this agressive pump recently.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
US NAS 100
NAS100USD Trading Opportunity! SELL!
My dear subscribers ,
Please, find my technical outlook for NAS100USD below:
The price is coiling around a solid key level - 15186.2
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 15002.8
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
———————————
WISH YOU ALL LUCK
NAS100USD: Bulls Will Push:
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the NAS100USD pair which is likely to be pushed down by the bears so we will sell!
❤️ Please, support our work with like & comment! ❤️
NAS100USD My Opinion! SELL!
My dear followers ,
NAS100USD looks like it will make a good move, and here are the details:
The asset is approaching an important pivot point 15006.2
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 14701.0
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
NAS100USD Will Move Lower! Sell!
Here is our detailed technical review for NAS100USD.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 14954.2.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 14597.8 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
Nasdaq levels to watch & potential move. US100 📈Hello guys, Everything is marked on the chart for you like always. Monitor the price's action in the circles to enter your position.
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below for me
The beginning of a week in which new changes can occurHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(DXY chart)
An important trend on the DXY chart is expected to start with a breakout from the 102.034-105.873 zone.
Therefore, it is necessary to check in which direction out of the 102.034-105.873 range.
In order for the investment market to be active, I think it should show a sideways trend by falling below 102.034.
Therefore, in order for the coin market to continue its upward trend, I think it needs to show a decline below 102.034.
-------------------------------------------------
(SPX500USD chart)
The 4255.2-4310.8 section is an important support and resistance section.
Therefore, if it rises above this range and shows support, it is likely to surge around 4419.8.
The 4419.8 point is the HA-High indicator point on the 1M chart and corresponds to an important support and resistance section from a long-term perspective.
Therefore, it is the time to split and sell.
-------------------------------------------------- --------
(NAS100USD chart)
The 14710.6-15090.3 section is an important support and resistance zone on the 1M chart.
Therefore, it is the time to split and sell.
If it is supported and rises in the 14710.6-15090.3 section, it is expected to surge around 15978.3.
If the 14710.6-15090.3 section is unsupported and falling, you should check to see if it is supported around 12896.2-13418.8.
Around June 12th is a period of volatility.
Therefore, it is necessary to keep a close eye on the movement until June 13th.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
NQ1! NAS100USD NASDAQ 2023 JUNE 12NQ1! NAS100USD NASDAQ 2023 JUNE 12
Significant Weakness observed on daily bar (Friday 09 June) as market is marked up on ultra low volume S>D bar.
If mark ups on low volume continues, tighten stops and don't chase longs. Prepare to look out for short opportunity.
Possible Scenarios:
1) Market continues to be marked up on low volume narrow spread up bars = tighten stops on longs / wait
2) When additional weakness emerges = Short on test and rejection of recent high / lower high
Price Reaction Levels
Short on Test and reject | Long on Test and Accept
16646 15269 14575
*Longer term: 13350 needs to be supported for long trend to be intact.
Price Volume Analysis:
Weekly: Ave vol up bar close off high = NTC weakness
Daily: 09 June ultra low volume S>D up bar
*NTC = Non-Trend Changing
Like and follow if you find this useful.
Have a profitable trading week.
*For education purpose only.
NAS100USD Technical Analysis! SELL!
My dear subscribers ,
This is my opinion on the NAS100USD next move:
The asset is approaching an important pivot point 14549.5
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Goal - 14306.8
Safe Stop Loss - 14667.7
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
NAS100USD Will Go Lower! Sell!
Here is our detailed technical review for NAS100USD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 14550.4.
Taking into consideration the structure & trend analysis, I believe that the market will reach 14354.5 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
NAS100USD: Short Signal Explained
NAS100USD
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Sell NAS100USD
Entry - 14552.0
Stop - 14683.8
Take - 14354.4
Our Risk - 1%
Start protection of your profits from higher levels.
❤️ Please, support our work with like & comment! ❤️
Waiting For Another Sell Entry NAS100OANDA:NAS100USD
After yesterday's first major move of the week of over 3,500 pips, the market completed it's retracement cycle overnight by creating the M15 LH/LL which yielded another 800 pips.
Currently the next entry point will be a high on the M15 (LH on the H1) and the next exit will be the next LL on the hour timeframe.
This week the market is stingy with the mega moves all at once, however it is giving tons of opportunities for entries and exits as it makes it way down towards the daily HL.
so while another sell is in order today, one has to take into account the bullish retracements that will take place in order to properly setup the move.
Happy Trading...
God Bless
NAS100USD Set To Fall! SELL!
My dear friends ,
NAS100USD looks like it will make a good move, and here are the details:
The instrument tests an important psychological level 14359.9
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Target - 14068.2
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
———————————
WISH YOU ALL LUCK
NAS100USD Will Move Lower! Sell!
Here is our detailed technical review for NAS100USD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 14288.0.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 13849.6 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
Nasdaq Short Idea For The Coming Days Or Weeks.This is my analysis on the Nasdaq, I'm anticipating selling down to any of those two weekly fair value gaps, what will confirm if any of those fair value gaps will hold price and have us see an expansion to the upside is if price breaks structure bullishly to the upside on the 4 hour time frame, for now shorts are ideal for this market condition.
NAS100 Sell ConsensusLooking for a drop off to occur in the market soon.
Seasonality wise speaking June tends to be negative. Thus, I would like to see a drop in the next couple of weeks.
There are two levels above which I have drawn out and will watch price once we clear either of those highs looking for bearish price action.
The targets are also outlined, and once reached, will re-evaluate the scenario to see if we get further downside.
Waiting For Another Sell Entry NAS100OANDA:NAS100USD
Now that the M15 completed it's segmented Oversold LOW (H1 HL) it is now just waiting for another opportunity to take a sell towards the ultimate destination which is the daily HL.
A quick glance at the daily and weekly timeframes will show you that the market is intent on getting a bearish momentum going but for the past two days has only managed to generate wicks for the bears and bulls.
Another point to note is that with all timeframes sitting at HH's there is no reason for me to looking for buys and as such, my current bias is towards the sell opportunities. How far down the price will go remains to be seen, however I will continue to monitor once I take another sell.
Final point on this is that the H1 seems to be finalizing the C point in the XABCD pattern, which will therefore require a D point before heading towards the low it needs to create.
I will continue to monitor and work on my patience...
Happy Trading and God Bless.
Still in the Retracement ModeOANDA:NAS100USD
NAS100 is moving a little sluggish the past few days which is not uncommon when you have a reversal situation like we currently have.
The M15 provided a good exit TP point at 14481.8 before doing a slight retracement back to the upside on the M15 to create a new high today.
While I did not take that entry, I noticed that it went down to complete a HL before climbing back to 14584.4 at 3:00pm EST.
While I do not normally enter on LH's I made the exception only because, the H1 did not complete it's low and it also did not signal even a HL so I was confident that it would still be going down, and of course the M15 was coming from a previous high and only managed to make a LH.
It is clear that the market is still searching for the low on the bigger timeframe and you will see that the H1 and the H2 have already formed 3 points out of the XABCD pattern.
X = HH
A= HL
B= LH
C= ???
D=???
If C drops below and breaks 14440.7 then you know that will be a strong indication that the trend towards the downside is starting to heat up.
If this current move puts on a new low on the H1, then you can ride the M15 to a LL for TP.
In any event even if the M15 puts on a HL you will still be able to get out in profit based on my entry 14571.25
Happy Trading
NAS100 Weekly Setup (Sell Active)I will be taking partial profits since the M15 is on it's way to making a segmented low, which will translate at some point to a HL on the H1.
Once I do that then I will wait for another M15 high (LH) to reenter the sell.
It' is still early, however the M15 low will be my first TP. OANDA:NAS100USD