NASTY100Pure Technical
.
.
.
.
.
.
🧅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.🧅
Nasdaq100
NASDAQ Elliott Wave Analysis for Tuesday 20/06/2023Although the NASDAQ looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 4 hour, we see 5 waves up and wave 5 is ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. Traders can initiate a short (against the higher timeframe) or go long after the pullback (aligned with the higher timeframe).
NASDAQ Elliott Wave Analysis for Monday 19/06/2023Although the NASDAQ looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 4 hour, we see 5 waves up and wave 5 is ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. Traders can initiate a short (against the higher timeframe) or go long after the pullback (aligned with the higher timeframe).
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:
NASDAQ Elliott Wave Analysis Higher Timeframe (17/06/2023)The NASDAQ looks bullish and might be preparing for a Wave III to the upside. However, the minimum requirements for a Wave II to the downside were not fulfilled. As long as we do not take out the Wave I high, it could be that we still make a new low as a Wave II.
Nasdaq100 Big Picture Short Monthly ResistanceNasdaq100 Big Picture Short Monthly Resistance:
First, there is now big and strong Resistance and I expect the price imminently to drop under 14,500, if you look at the highs of months 2-3-4 of 2022, we are there now + the trend line of the 2 must-high prices at top.
Second, the price structure of the last Rally that we see now should make a down movement now according to the history of this symbol and how he acts.
Even if he gonna do a new high first and from here a down movement should come.
Also dont forget the Fed says that by the end of the year, he expected a recession.
There are few options to out in a profit, see photo.
the less risky one is to close 90% on take profit 1 and move stop loss to zero.
🚨 US100 HIGH PROBABILITY SELL SETUP SOON 🚨🚨 US100 HIGH PROBABILITY SELL SETUP SOON 🚨
* Here we can see the next potential move for Nasdaq100 ion coming hours or day.
* I can see its forming the double top reversal pattern at the strong resistance level of 15257.2.
* EP(SELL): 15110.2
* TP1: 14920.2
* TP2: 14877.1
*No SL provided for this trade.
* Keep your eye close on your trading positions.
* Happy pip hunting traders.
* FX KILLA *
NASDAQ Elliott Wave Analysis for Friday 16/06/2023Although the NASDAQ looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 4 hour, we see 5 waves up and wave 5 is ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. Traders can initiate a short (against the higher timeframe) or go long after the pullback (aligned with the higher timeframe).
Short LILMNo clue what these people do, longed .5 and sold 1.16. Tight stop and may get blown out.....Will add with candle under MA
NASDAQ Elliott Wave Analysis for Thursday 15/06/2023Although the NASDAQ looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 4 hour, we see 5 waves up and wave 5 is ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. Traders can initiate a short (against the higher timeframe) or go long after the pullback (aligned with the higher timeframe).
Microsoft Technologies CorporationIt's important to note that Elliott Wave Theory can be subjective, and interpretations can vary among analysts. It's also worth mentioning that Elliott Wave analysis should be used in conjunction with other technical analysis tools and factors such as fundamental analysis and market conditions to make well-informed investment decisions.
Regards
Trend following trading strategy (works on all markets)This strategy is a trend following strategy to be applied when the market is uptrending. It demonstrates the significance of breakout levels which are very often retested prior to continuation to the upside.
For Trend visualisation, 10, 20 and 50 Moving averages are used.
If you apply ONLY this setup and and nothing else, you will have a statistical edge and be consistently profitable!
All other info is on the chart.
Good luck!
NASDAQ Elliott Wave Analysis for Wednesday 14/06/2023Although the NASDAQ looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 4 hour, we see 5 waves up and wave 5 is ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. Traders can initiate a short (against the higher timeframe) or go long after the pullback (aligned with the higher timeframe).
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
USNAS 100 4H USNAS 100
if it falls above 14812 in the next 4 hours the direction will rise to 14954 then 15093 then 15264
but if it below 14812 the direction will go down 14672 then 14471 then 14301
pivot price: 14812
resistance price: 14954 & 15093 & 15263
support price: 14672 & 14471 & 14301
tendency: uptrend
timeframe 4h
NASDAQ Elliott Wave Analysis for Tuesday 13/06/2023Although the NASDAQ looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 4 hour, we see 5 waves up and wave 5 is clearly ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. Traders can initiate a short (against the higher timeframe) or go long after the pullback (aligned with the higher timeframe).
Japan Inflation Ni225 | JPYUSD problematic situation unfolding
Seeing major problems unfolding in Japan right now due to the QE of Japanese Government Bonds.
This is almost like a repeat of 1980-1990s Japan's M3 has gone exponential to the point some of this Yen is causing local inflation to rise.
When Japan was forced to raise rates due to the Ni225 creating unwanted inflation Japan's equity market imploded and the rush to Japanese YEN commenced.
This caused the Japanese YEN strength against the US Dollar to to climb flooding purchasing power back into the US equity markets contributing to sending the Dow 478%.
Talk about a problematic situation if Japan's Inflation bubble gets too big in Japan its going to send them back to the 80s.
We are at the start of a few G7 countries losing control of their entire financial system that leads to Hyperinflation.
225% Government debt to gdp is never scary, well until inflation starts to rise and you now need to deal with it.
US Inflation Trading Opportunities Ahead US Inflation Trading Opportunities Ahead
The next two days' worth of trading could turn out to be particularly interesting due to the sharp drop in CPI expected on (US time) Tuesday as well as the market being (over?) confident that the Fed is going to pause its rate hiking cycle on Wednesday.
According to the CME Group's FedWatch tool, traders are factoring in a 74% probability of no hike. The inflation data released on Tuesday could further support the argument that inflation is decreasing. The consensus among analysts is that the consumer price index will reveal a drop in inflation to a 4.1% annual rate in May, compared to 4.9% in the previous month.
A 74% chance means that stakes on the no-hike should be significant enough that if the market is wrong, a significant correction could be on the cards. A 74% chance is far from certain, and we might see a replay of what happened in the Canadian Dollar a week ago, where the market was confident that the BoC would continue its rate hike pause but was surprised when it came through with a 25bps hike.
Assets to watch will be US indices, US dollar pairs, and gold. Last week, the S&P 500 achieved a significant milestone by gaining 20% from its October low. Meanwhile, the Nasdaq Composite has experienced an even more remarkable performance, soaring 33% from its lowest point in the past 52 weeks.
Optimism in these two indices might wane with inflation read above expectations (although the data is coming in too late to have a major impact on the Fed decision the following day).
US dollar trades against the GBP might be in play with UK-based economic data causing a bit of turmoil and uncertainty. The Pound has recently declined from its highest point in the past year, which aligns with a rise in the two-year bond yield, reaching its highest level since the market turbulence that followed Liz Truss's mini-budget announcement.