Nasdaq Intraday TradeWith the overnight GAP, price jumped above the white Centerline, just to come back in the Asia session.
We see that price broke the white CL and halted afterwards. Do yo see where it halted? Yes, at the Centerline of the yellow Momentum Fork!
And currently it's pushing up through the white CL again...hmmm...
So, we have momentum, clear support at the yellow CL, a potential new push through the white CL and a loooooot of Air...and stop/losses above to be sucked in §8-)
I'm long with a stop below the yellow CL low, and with multiple targets to the upside.
Let's have fun!
Nasdaqlong
QQQ - Nasdaq has reached it's firstPrice reached the Warning Line 1.
This is a natural support, because it's a standard deviation stretch. From here, price has a high tendency of mean-reversion.
How far?
Most of the time it shoots back to the Lower-Medianline-Parallel.
Beware of the potential resistnace zone.
This level is a good one to take partial profits.
As for a stop, I would put it below the last swing-long. I may play it with Options (for example a Risk-Reversal), giving me more leeway to the downside if it's not playing out immediately.
NASDAQ100Hello friends
Our ascending channel had a strong break and considering the negative news, how far do you think the decline will continue?
The support levels identified can help you trade, but we need to see where the price will go with the news that will be announced this week...
*Trade safely with us*
I don't think US markets have bottomed outThe US stock markets are down.
I don't think they've bottomed out - there could be further downside to come - but this could be a fantastic opportunity for longer-term traders and investors. Buying the dip is often profitable for buy-and-hold investors.
As a trader, I'm still actively looking for index shorting opportunities.
Nasdaq Potential Huge BounceI post this again, because from my last post, some only see a confusing picture instead of the chart.
Price nearly reached the L-MLH of the Red Fork.
This is a huge price stretch and chances are super high that we will see a big bounce to the upside.
As for PTG's I focus on the Red, and the Orange Centerline.
US100 Trade Log - CPI Pre-ShotUS100 long ahead of "CPI release" , pre-shot long for Asia session.
- Entry at "1H Kijun" and deep into "15m FVG" , aligning with pre-triangle accumulation.
- Structure is "hyper discretionary" but leans into my bullish bias.
- "Max pain: 2%" , treating this as a CPI momentum trade.
- If price respects the level, expecting an upside expansion. If not, I eat the loss.
Nasdaq US100: Positioned for a Breakout to New Highs!After a deep retrace on the daily timeframe, I’ve initiated a long position on the Nasdaq US100. The plan is to ride this wave back to its Higher High, capitalizing on the recovery momentum.
Technical Insight:
• Key Structure: The market has shown strong respect for the current retracement levels, providing a solid base for a bounce.
• Trendline Support: Price action aligns well with the trendline channel, indicating potential for upward continuation.
• Fib Levels: The pullback reached a critical zone, signaling that buyers may step in to push the price higher.
Let’s see how this plays out! Always remember to trade with proper risk management and pay yourself along the way!
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.