NASDAQ 100 Short 4HR Expanded Flat Correction NQ1!Elliot Impulse Wave followed by an expanded flat correction with fibonacci analysis.
Wave (b) is 1.382 of wave (a) and wave (c) should be 1.618 or 2.618 of wave (a), which would align with the .382 or .618 retracement of wave 0 - 5
In addition, bearish divergence on the RSI with a HH on the price and a LH on the RSI.
Nasdaqshort
NASDAQ NQ1! 1 HR in a Range Trade 11:00 NYT a.m.RANGE
Today we do see Nasdaq in range bound
from 7560 to 7620
I have marked the range with 2 red lines for easy view.
To check an outbreak of these range we do need a fall below
the support 7560 or a start to new highs with an outbreak above 7620
Till one of these scenes will happen i suppose to do nothing.
After the decision its more easy to go in a long or short position.
As we come from a long scenario maybe the decision to the upside is
more likely than to the downside but thats not shure.
Good trades
Situation in NASDAQ 100 1HR Chart en of 03.04.2019Hello to all who watch my charts.
Here today i am check the the Nasdaq 100
A Chart picture says here more than 1000 words says a proverb.
This is good here.
The Nasdaq is in a fine Long Channel
I marked it red
with 2 first support zones at 7530 and 7545 last straight from today
What should you pay attention to:
The Channel should not be left behind in a downturn
If it is, this is either just a warning signal or a direct turnaround.
If the 2 supports hold, we would have a long chance again.
If not, in my eyes the Long is gone at first
Please keep in mind that trend reversals can come very fast either way.
Currently but nothing to see by Short
Good traded for all
Renkotrade
NASDAQ LONG 12.03.2019 2:pm NYTNasdaq has a strong gain yesterday and broke out of the short trend channel
i had marked.
Than there starts a real rally after 12:00 yesterday and today
we are in a consolidation mood.
Of course still Long.
It will be interested to see whether the Nasdaq will hold these
strong long trendline ( i have marked now in thick blue ) or not.
Than we have to check if Nasdaq brake down after the trendline break that or not.
But there are a lot of support zones which could hold them up at
at around 7205 and lower at around 7150
This level we knew had been resistance from 7.3.2019
and taken out yesterday.
So at the moment nothin elso than long is the setup.
Dont made the mistake and go short if Nadaq breaks the trendline.
That would only shows us that the strongest way of these rally
maybe has been done now.
--This information is not a recommendation to buy or sell. It is to be used for educational purposes only .Alllways do your own research---
NASDAQ 15MIN end of 9.3.2019 Possible trend change RENKO LOOKHere we have a look at Nasdaq end of 8.3.2019 trading in a renkotrading system intraday 15MIN frame now.
As you can see easily Nasdaq has taken out yesterday some
short resistance levels at 7035 - 7055
On this short time frome of 15MIN we have an established long trade now.
On the bigger look its still short.
But if NASDAQ till climbs on mondays trading till end of the day
above the 7055 - 7065 range the situation changes to neutral
intraday and even more if NASDAQ can climb over 7110
In that case NASDAQ would be no longer a short setup.
NASDAQ SHORT Situation end of 8.03.2019As i described in the last post Nasdaq is now trading in these
Down trend channel i marked in red lines-
In these short channels bullish revovery is normal
even up to the upper trendline.
Some of the blue marked resistane zones has haltet the downtrend
for today.
In my 1 Hour trading System there has been some long signals
as we had today higher prices at the end of some 60 minute bars.
Bar by bar counted.
But thats important only for intraday daytrading.
In these posts here i try to give you an overview with little bit
longer timefreme than as we have in our1 Hourr trading system
Of course that is also very successfull , but its not possible to post the signals here , for that posts here in these forum are not quick enough
So under the line, Nasdaq is still a short setup but we we check the short
channel prices for next trading day you are able to see , that even if there will be NO furth fall down,
NASDAQ has a chance to go sideways out of the channel at around the 7030 - 7070 aerea.
Any break of these red channel upper trenline at end of a 1 Hour chart should
motivate you to buy back a short position.
If Nasdaq goes to 7060 and turns down again stay in short.
Sitation of NASDAQ at 7.3.2019 12:45 NYT SHORTNow the break of the first and second support line
has to be noticed as sort signal.
It hs recovered right now to 7100
We have to check whether a rebreak of the new resistance libe
of 7109 will work or not.
That could help us top check strength of the bulls and the bears
But so or so Nasdaq is now going down in a Short trend channel
for better view i have marked them in red lines.
That seems for me we are going further down.
Next comment wil be at end of todays trading day.
Sitaution NASDAQ end of 5.3.2019 Still long difficult forecastAt end of today we have these situation:
One the one hand Nasdaq is trading in a new long channel
(here support in blue line and resistance in red line)
BUT as you can see i have taken in the new resistance at
7170 which comes form the high of 25.2.2019
and at the end of today trading the last hour has exact set up to that level and comes back from that now.
2 hours ago Nasday has broken that resistance but failed to hold it and at the moment its not clear whether
that ha sbeen a true break for tomorrow or a false break.
But under the line its a long setup at the moment.
Situation NASDAQ 8:00 NYT Decision Aerea Nasdaq has broken the long trendline yesterday.
Than this trendline i have marked in red is now resistance line.
At the moment ther has ben established a short trend with a short trednline i have marked in orange.
Now we have to check whether we have these breasks:
a) Break of the Blue support lines = Bearish
b) Break of the orange short trendlinie
= maybe sideways trending or coming back in long aerea if new trebndline up will be established
c) Break orange trendline and break also orange resisntance line at 7200 range = bullish and long again
At the moment the decision will take at the orange short trendline
= 7135 aerea at end of te day
We have to wait.
Overbought #NASDAQ #QQQ lost steam after 12.5% up from low $SQQQLooks like a great opportunity to take a short position on the NASDAQ with SQQQ.
After a 12.5% run up from the 24th of December low, the Stochastic RSI is signaling that we will likely not make it past the Fibonacci retracement .382 level without retesting the middle of the Bollinger Band and likely a little lower.
Stochastic RSI and MTF momentum strategy on lower time frames seem to indicate a short term reversal that should retest the Fibonacci retracement .236 level.
Now it is easy. I have been the 1st one telling you to SHORT!!Hello Guys,
At the end of November and yet over December, the 99 percent of the American analysts were suggesting you to keep buying!
Those nice guys with perfect shaved faces, nice ties and perfect hair styles were sharing their buy recommendations
on CNBC, marketwatch.com, Yahoo! Finance...web tvs...etc.. In other words, all of them were expecting a wonderful December performance with a smooth Christmas rally!
Result: The worst December of the last 40 years!!!!!
At the opposite, Over November and December, I was suggesting to literally SELL SHORT whatever stock listed at Nasdaq!
As per below, you have the links with my suggestions:
16th of November :
20st of November :
24th of November :
5th of December :
So, I will arrive to the point: Do not believe to what they tell you. Just try to study the market by yourself and do not listen those people.At the end, it is just a simple game: either you buy or you sell. There are no other options. Market can only go up or down. That's it.
If you believe that you do not have the knowledge to understand where the market is going to head up ( like for the 85-90 percent of traders who are losing money ), then what you can do is reading articles of INDEPENDENT traders ( like in my case - I am a free man - I do not give shit of Goldman Sachs or whatever company ) or you can pay for some SMALL monthly subscriptions to receive the entry point levels, the targets and the stop losses to those traders who have demonstrated to beat the market over the years.
So far, I have always refused to share my ideas by payment, but I might do it on the next future but and only for small money.
Let's come now to my targets for NASDAQ: Soon, we are going to hit 4700-5000 points. Afterwards, we should see a STRONG rebound. Then again down till my final target ( 1 to 2 years target ) around 3000/3500 points.
Good luck guys,
See you soon,
Simone Siesto
Look at Monthly MACD and finally you will understand! - SHORT Hey guys,
Lately, I read RIDICOLOUS posts where analysts are stating that 2019 will be another year of records for the American Market.
Come on, let's be serious!! LET'S BE SERIOUS!!!!!!!!
Just have a look at MACD and its AMPLITUDE! Do you see? Look how extreme it is! ….. go back in time.... I have posted a red line to check last time it was extreme !!!! Same amplitude as in 2000. Did this tell you anything???
Please guys, do not buy at those levels unless you wanna lose all your money or you are eager to wait for other 15 years before recovering (maybe !!) your buys at these crazy levels!!!
There is just one IMPORTANT difference with 2000! In fact, this time it will be much worse!!! REASON: bigger is the positive amplitude, bigger will be the fall down!
Be careful. Outside there, they are trying to convince you that market will go up further and they do so simply because they wanna sell their stocks to YOU!!!
You chickens who are going to buy their stocks at FRAUD prices! It's a HUGE BUBBLE GUYS!!!!! Do not forget that only few months ago even Sir. Warren Buffet said it...…
Do you want another reason why market will be collapsing in 2019??? Listen..... THE AVERAGE PRICE VS EARNINGS in 2018 was 30 for American Market. It happened only ONCE in the past. And you know what happened???
The collapse of Internet Bubble .! It was in 2000 and investors where telling us that those stocks would have gone up forever! 2 years later their values was 90 percent less worthy (on average obviously).
Do you remember BITCOIN, right???? In December 2017, 95 percent of traders and common people were saying that the bitcoin would have gone up till 30-40.000 usd in 2018 ….someone else was predicting 100.000 usd or much more.....
now we ALL now where we are, right????
Do you want other technical reasons ? LOOK At FEB 2018 - Do you see that Hanging Man ? That was a first warning signal ..... now we have an EVENING STAR ..... Bulls are tired and they have started selling to CHICKENS!
Do you wanna bet with me?? I am sure we are going below that Hanging Man really soon - let's say before summer???
So guys, you are free to follow those bastards....but I have advised you.! Short everything and try not to fall in their NET.
Thank you,
Simone Siesto
AMAZON ( ALWAYS THE SAME TACTIC)Stock molds are always the same only eye familiarity and fondly researchers realize some things. This will not be the first, not the last. angular seen as Turkey's largest white goods company description is priced lower than the point at which the terms of the more glorious by Amazon.
Arçelik 70% of the angle of ascension, but 77% of the Angle of ascension.
Loss is greater if angle is greater..!
Nasdaq 100 Approaching top of WedgeDo not enter this trade until there is a proper rejection from the top of wedge! is still too early. If we see a proper rejection from the resistance we can expect a pullback to the bottom of wedge. Be extremely cautious with shorting indices at the moment since we haven't seen a confirmed reversal pattern yet.
And just to be clear even if we do see a rejection of the top of wedge resistance line I will not be entering! I will wait for a clear break of the wedge to enter :)