NASDAQ Elliott Wave Analysis for Wednesday 21/06/2023Although 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 should be long from yesterday (see yesterday's video) and protect their trade.
Nasdaqanalysis
NASTY100Pure Technical
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🧅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.🧅
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 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.
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).
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).
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 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).
Next week - Potential buying/Selling zones on NQ/US100 CAPITALCOM:US100 CME_MINI:NQ1!
I will continue my analysis on Nasdaq NQ/US100 Market, after reaching my TP last week, I expect 2 scenarios:
1st: If the price closes below 14440, I'll sell after the first unmitigated single candle (entry based on 1H TF), if not I will buy here after sweeping the LQD.
2nd: If the price closes below 14233, I'll sell after the first unmitigated single candle (On 1H TF), if not I will buy here after sweeping the LQD.
I'd just like to mention that the market is expecting some big news this week (CPI, PPI, FOMC).
Trade at your own risk.
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Nasdaq: Taking a Break… 😮💨Currently, Nasdaq is taking a break from the exhausting ascent it has realized from the low of wave iv in turquoise. However, we expect the index to activate some more upwards momentum, expanding wave v in turquoise so that a higher top of wave i in orange can be reached. This done, Nasdaq should turn downwards and drop below the support at 13 566 points to develop wave ii in orange. There is a 40% chance, though, that the index could bounce off this mark, finishing wave alt.iv in turquoise instead. In that case, we would expect a delayed expansion of wave alt.ii in orange and thus a delayed drop below the mentioned support line.
Next week - Several potential buying zones on NQ/US100 CAPITALCOM:US100 , CME_MINI:NQ1!
As the Nasdaq market is bullish at present, I expect the market to continue rising. In this analysis, based on the market's structure, you can find multiple possible buying zones with a high probability of buying scenario.
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US100 BUYHello, traders. The Nasdaq is coming out of the negativity. And it broke the bearish flag, there are very positive signs on the upside. With the resistance 122000 broken, there is more to go up . Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
US100 Continuation Up Trend After the breakout of the 14,000 level we will see a continuation towards the 15,000 level after a retest of the supply zone or a direct continuation towards the next demand zone
🟡 INDEX: NASDAQ (US100) DAILY: TA HI TRADERS, as you can see, everything on the chart is marked. By examining #NASDAQ i think,we may see more growth...
The first target is 13500...
❎ (DYOR)...⚠⚜
WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌
IF you like my analysis please LIKE and comment 🙏✌
US100 22May2023Nasdaq moves higher according to last week's analysis. right now I'm trying to pull the Fibo extend from wave I and the price position is still not 1:1 with wave I. There is a possibility of a wave III extend so you can enjoy long bullish here, take the opportunity to buy when there is a slight retracement
NDX Swing ShortNasdaq has been rallying hard the past few weeks, thanks to tech rally due to recent growth opportunities provided by rise of AI.
But Nasdaq is reaching significant levels both from S/R perspective and market structure.
1.We are reaching the top edge of the parallel channel
2.We are at PRZ of couple of harmonics (Cypher and BAT).
3. Also, within very close proximity of the top of rising wedge.
Keep a close watch on top tech stocks (Microsoft and Nvidia) Stocks, these have been the primary reasons for a rally in NDX, if these stocks start to fall, so will NDX.
Another reason for anticipating down weeks and months in NDX is due to Breakout in DXY which is -0.81 correlated to NDX. Which means 80% of the time NDX moves opposite to DXY.
To read my DXY analysis, go over the links below.
US100 14May2023last week the performance of the Nasdaq was in accordance with the analysis, still continuing the bullish trend. the bullish trendline also supports the analysis with a bar movement with a slope of 45 degrees, we take the opportunity to buy next week
US100 / NASDAQ 5May2023the market looks very bullish, look for a period when the price corrects so that the buy can get the best area / price
Nasdaq: Tough Sledding 🐌🛷Nasdaq is shuffling on, but the going is tough – to coin a phrase. However, we expect the bears to take more action soon! They should drag the index into the orange zone between 12 577 and 12 136 points, where wave ii in orange should end. Afterward, the bulls should take the helm again, inciting Nasdaq to develop wave iii in orange, which should reach about 14 000 points – providing that the support line at 11 806 points remains intact.