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Nasdaqanalysis

NAS100 Analysis NAS100 Analysis. The market is still consolidating. When a market is consolidating you can still trade inside the box. There is still good pips to be made. This consolidation range is around 150 pips. However the best way to trade these are to wait for the break!! And it required patience. So what can happen when it break. If it breaks down it can hit 12000 as a fake break out and go back up and break upwards. or it can carry on bearish by breaking 12000. As for the bulls break of 12260 to carry on. Bulls Target: 12400- 12800 Bear Targets 11838- 11618
OANDA:NAS100USD
by Tradeofgrey
NASDAQ'S CHANNEL HELD STRUCTURE FOR LAST BULLISH PUSHThe recent bullish structure has held firm for the last bullish push before the potential sell off at Septembers highest high. Market sentiments remain unsure on how to react towards the Apple IPhone 12 news amid the upcoming elections, recent talks around the stimulus package, and President Trumps conditions. The market has seen a rapid climb since the opening this week, so todays uncertain direction was much needed to allow a stronger support for the final push towards NASDAQ's highest price ever recorded. The Nasdaq Volatility Index VOLQ has moved in conjunction with the NASDAQ for the past 24 hours, which signals a potential drop in price, based on the findings of the relation between volatility indexes and the respective index. The VOLQ has a negative correlation of roughly 80% with the NASDAQ, so the exercised positive correlation of 20% causes this view, in addition to the findings. Either way, I foresee a break and retest of the counter trendline and the final move to the H1 FIB target of 12414.2.
OANDA:NAS100USDLong
by Nkululeko_Mpambo
NASDAQ is expecting a bullish rally until Presidential pollNASDAQ After the massive rally by the market hopes and optimism about the healthy markets. During the starting of this month NASDAQ bleed massively as the sell of happens quickly.As its takes only 19 days to reach the current lower level which is 10660.00 But its take around two month to reach the points as felled in recent day We can expect rebound from the 11035 support level. As President TRUMP is infected with COVID-19 minor lower correction are expected towards the 11035 level. If the health condition of the President improves the market will get boost from the positive news.The election developments may negatively impact the NASDAQ. I am expecting NASDAQ will reach the 12600 at the end of next month. Give a like if you found useful and share with your friends and trading community.And tell about your opinion in the comment section below
ULong
by forexorbit
3
Will Nasdaq exceed highs again?Nasdaq 100 Index // Ticker: NDX // Logarithmic scale // 4 Hours time frame. Since the nasdaq peaked in early September, it has not been as strong as before. In the previous analysis we recommend not taking long positions because it was in a phase of euphoria and at any time it could correct as it has happened. At this moment the scenario for the 4-hour temporality is lateral. Bearing in mind that the index is trading below the SMA30, be careful if the bears decide to push the index lower. Let's not forget that the long-term trend is still quite bullish but that in lower time frames we can have downward or range trends. Our recommendation: The elections to elect the president in the United States are very close and volatility is going to increase, therefore the operator must take this relevant fact into account. For the moment we will continue to open long positions operating in day trading since we do not feel comfortable with long positions in the medium or long term with the astual technical scenario.
TVC:NDQ
by MyWealthAssets
2