NASDAQ Elliott Wave Analysis for Tuesday 15/08/2023We are reaching the areas from where we can go long again. We are looking to buy wave ((c)) and wave Y for more upside. There might even be a chance that waves ((c)) and Y are already completed.
Nasdaqanalysis
NASDAQ Elliott Wave Analysis for Monday 14/08/2023We are reaching the areas from where we can go long again. We are looking to buy wave ((c)) and wave Y for more upside. There might even be a chance that waves ((c)) and Y are already completed.
NASDAQ Moving LowerLooks as if a double top has formed after the recent melt up and a secondary trendline has been broken (solid yellow). Used RSI and OBV here to show the deviation from the price action solid red). The current trendline of the RSI has broken down and has bounced lower off the 50 level while the OBV sits right on it's current trendline. Price action has seemingly failed to make a higher high and is accompanied by higher recent selling volume. Current support levels are shown as dashed lines (yellow to red) With the red box being the strongest support and current target.
The Short Term - Looks as if we return to the primary trendline of the melt up (teal solid) to see if we get a breakout or a fake out. Mom's allowance money for this week says we make that move lower due to the above analysis and since RSI was rejected off the 50 level.
The Long Term - Shows price action moving back towards and testing the 200-day MA with the battle between the 50-day and 200-day to follow afterwards. Death cross = doom and gloom, bounce = hao in the NHL did u guise pull ths off?
TDLR; Bearish Deviations - Price action moves down to the teal solid line then towards the 200-day MA. Red box is the current target. Stay tuned to see how mad mom gets if the market takes our allowance money.
None of this was meant to be financial advice, but still seems pretty legit
Short to Medium Term Key Levels for NAS100 (PMLs)These are my short to medium term key PMLs (Price Magnet Levels) for NAS100
NASDAQ Elliott Wave Analysis for Monday 07/08/2023We might have finished an upward structure in the lower timeframe that aligns with the end of an upward structure in the higher timeframe. The corrective structure following the upward structure also looks complete now which means we can see more upside again. However, we cannot exclude a bigger correction that goes deeper into the wave (4) area.
US100 Daily AnalysisAfter retracement of the price and taken liquidity of the sell side and rejection of FVG and golden zone Fibonacci "OTE" we will see a increase of the price towards supply zone
US30US30 is going to fall. Remember that every good setup is most probable entry not 100%. must use money management.
NASDAQ Elliott Wave Analysis for Tuesday 01/08/2023We might have finished an upward structure in the lower timeframe that aligns with the end of an upward structure in the higher timeframe. We are waiting for a clear ABC pullback in order to go long.
NASDAQ Elliott Wave Analysis for Monday 31/07/2023We might have finished an upward structure in the lower timeframe that aligns with the end of an upward structure in the higher timeframe. We are waiting for a clear ABC pullback in order to go long.
NASDAQ Elliott Wave Analysis Higher Timeframe (29/07/2023)In the weekly, 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. In the daily and 4h, it looks like the upward structure as a wave (3) might finish soon. Investors should wait for a good pullback before buying again. Currently, as an investor, we are in an area to take profit.
NASDAQ Elliott Wave Analysis for Friday 28/07/2023We might have finished an upward structure in the lower timeframe that aligns with the end of an upward structure in the higher timeframe. Although there is insufficient evidence for a bearish NASDAQ we call for caution in long trades. On the lower timeframe, we are now looking for short trades.
NASDAQ Elliott Wave Analysis for Thursday 27/07/2023We might have finished an upward structure in the lower timeframe that aligns with the end of an upward structure in the higher timeframe. Although there is insufficient evidence for a bearish NASDAQ we call for caution in long trades.
NASDAQ Elliott Wave Analysis for Wednesday 26/07/2023We might have finished an upward structure in the lower timeframe that aligns with the end of an upward structure in the higher timeframe. Although there is insufficient evidence for a bearish NASDAQ we call for caution in long trades.
NASDAQ Elliott Wave Analysis for Tuesday 25/07/2023We might have finished an upward structure in the lower timeframe that aligns with the end of an upward structure in the higher timeframe. Although there is insufficient evidence for a bearish NASDAQ we call for caution in long trades. We see a potential short today (against the main direction).
NASDAQ Elliott Wave Analysis for Monday 24/07/2023We might have finished an upward structure in the lower timeframe that aligns with the end of an upward structure in the higher timeframe. Although there is insufficient evidence for a bearish NASDAQ we call for caution in long trades.
Maybe BTC I think we can consider Bitcoin as a function of Nasdaq and hope to rise, but buy with a calculated capital. It is not a financial advice and it is only an analysis.
NASDAQ Elliott Wave Analysis Higher Timeframe (22/07/2023)In the weekly, 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. In the daily and 4h, it looks like the upward structure as a wave (3) might finish soon. Investors should wait for a good pullback before buying again. Currently, as an investor, we are in an area to take profit.
NASDAQ Elliott Wave Analysis for Friday 21/07/2023In the lower timeframe, we are at an area where the wave ((iv)) can be bought (ABC pullback looks more or less complete). However, we call for caution in long trades as we are close to finishing an upward structure in the higher timeframe.
NASDAQ Elliott Wave Analysis for Thursday 20/07/2023In the lower timeframe, we are waiting for an ABC pullback to finish the wave ((iv)). From there, we can go long again. For the moment, there looks to be a complete structure to the upside which can be shorted (warning: against the main direction).
NASDAQ Elliott Wave Analysis for Wednesday 19/07/2023In the lower timeframe, we are waiting for an ABC pullback to finish the wave ((iv)). From there, we can go long again. For the moment, there looks to be a complete structure to the upside which can be shorted (warning: against the main direction).
NASDAQ Elliott Wave Analysis for Tuesday 18/07/2023In the lower timeframe, we are waiting for an ABC pullback to finish the wave ((iv)). From there, we can go long again.
