Nasdaqanalysis
NASDAQAlert, Be aware,
be alert
Be aware, that I don't think this is the beginning of the correction that I said in the previous analysis.
Now, by further analyzing the chart, my opinion is that the price will reach a new top in this time frame and then it will start correcting the price. I will update the chart again in the future.
Daily analysis and trade setups on NASDAQ 20220802*** Tradingview has hidden my analysis for August 1, 2022 because it contained a link to my twitter profile. ***
This is likely to be relatively quiet day unless some news appears. Europe is on vacation & US is slow. Resulting in low volumes and jumpy ticks.
Even with yesterday's candle, the bulls are firmly in-charge. As far as 12265 is maintained, it can go on to test 13230. Breaking that will open up 13900 and then 14581. But this is more in hourly/daily TF.
For today, 12830 is anchor line. Buy above, sell below.
Macro: US Fed Evans Speech
Buy
Break: 12860, 12890, 12900, 12960, 13040
Reversal: 12800, 12760, 12680, 12570
Sell
Break: 12810, 12775, 12700
Reversal: 12980, 13100, 13260, 13400
Green Goblin Fib levels are here >>
Confluence Fib levels are here >>
Daily analysis and trade setups on NASDAQ 20220729Happy Friday & Happy End of the Month Day
NASDAQ is firmly in a position to continue rally provided it continues to HH/HL above 13050
The point to note is that this is the last trading day of July 2022
Macro: Core PCE, PI + PS, Chicago PMI & Michigan CSI
Buy
Break: 12950, 13050,13110
Reversal: 12770, 12670, 12590, 12430, 12270
Sell
Break: 12800, 12640, 12580, 12475
Reversal: 12950, 13060, 13125, 13220, 13415
Fib levels are here >>>
TI Fibs Confluence levels are here >>>
Daily analysis and trade setups on NASDAQ 20220728Happy GDP Day
NASDAQ has turned bullish in the short term. However, it needs to keep moving above 12530 and then break 12590, 12670 to confirm the bias
Macro: Personal consumption expenditure, GDP, jobless claims
Blue levels B & C are largely in play.
Buy
Break: 12550, 12590, 12670, 12800
Reversal: 12420, 12380, 12280, 12200
Sell
Break: 12480, 12435, 12370
Reversal: 12590, 12680, 12700, 12810, 13020
High level chart is here >>
Green Gobliins chart is here >>>
Confluence level chart is here >>>
Daily analysis and trade setups on NASDAQ 20220726NASDAQ is likely to range between Blue zone B & D waiting for FOMC tomorrow.
Macro: Housing price index, consumer confidence, new home sales (all before market open)
Looking for #scalper #trade #setups only
Blue zone B, C, D are in play
Buy
Break: 12375, 12480, 12590
Reversal: 12220, 12100, 12060, 11990, 11800
Sell
Break: 12220, 12130, 12050, 11990, 11920
Reversal: 12370, 12480, 12590, 12670, 12810
Chart with Green Goblins here >>>
Chart with confluence here >>>
Nasdaq: Welcome Back!Just as we expected, Nasdaq has returned into the turquoise zone between 11527 and 10644 points. There, ideally in the zone's lower half, the index should finish wave C in turquoise and subsequently turn upwards. However, there is a 30% chance that Nasdaq could directly push the ascent above the resistance at 13583 points.
NAS 100 (NASDAQ) H4 chart. The overview marketNAS100 seem to be aiming to retest the breakout that took place at level 12327.7 on the 27 May 22. If you look, you will see that the market was moving on a channel for some time before a breakout and the price never had a retest after that and now we are seeing the market coming back to that level. If the price is to just do a retest, we will see the price pushing to the upside and if not the price will keep moving with the bearish move as we are all that the market is still bearish anyway.
NAS100 LONGBeen watching the price making a good for weeks now, it finally broke out of the mitigation area while we expect price to make a pull before going down to my POI for taking orders.. Price Broke structure around May 26, made an unfair move upside and now we are seeing the correction. My POI is around 11887.50 area as the last bearish candle before price broke the structure.
NB: Trade wise guys. This is just my observation and not a Possibilty
NASDAQ : IXIC is in Downward channel trying to break Middle LineNASDAQ previously took string support from 50% retracement level on Fibonacci channel.
Now, NASDAQ has been trading from last months in this Downward Parallel Channel and testing the Middle trendline of Channel.
If it manages to break this line with good volumes and a decent candle, then strong upside is expected to 12500 levels.
Strong Buy Zone is from 11800-12000 which doesn't seem to get broken in Near term.
Nasdaq: Get Down to Business!Or rather get up to business as that’s the direction to go for Nasdaq. The tech-index should move above the resistance at 13583 points to complete wave i in magenta at about 1500 points before starting a countermovement downwards to finish wave ii in magenta. However, as long as Nasdaq has not made it above 13583 points, we still must allow for our alternative scenario, which would come into play if the index were to fall below the support at 11491 points.
Did NASDAQ potentially hit bottom?!NDX just hit and bounced off a major support level.
Over the last 18 years, as shown in the chart, this support level has proven to be a historical pivot point for the Nasdaq index. As per the attached chart image, every time the index hit this support level (150 MA on weekly candles), it has bounced off the moving average, and reversed into either short term or long term bullish trend. You can watch our full video explaining this by clicking on the link below.
In addition the Stochastic indicator is telling us that the NDX is oversold and overstretched, and is due for a rebound rally at minimum, or potential change to a bullish momentum.
Nasdaq Making Inverted Head&Shoulders , Long Setup With 500 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Nasdaq Analysis Hi Everyone,
Nasdaq is in a key area of resistance also the centre of the trend line if broken can reach 12874 area, also the top of the channel. However with the current market state I would expect price to push down again to previous lows of 11600 area and break through this to reach the next monthly support of 11000.
Key to remember, The moon is not the target, alway have a TP, break evens, take partials, so you don't let the market eat away everything.
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.