Nasdaqshort
WMT Nasdaq running on steam while fusion is available WMT has been on a parabolic bull run, yet no trend can be observed it seems to be ‘running on steam’ This is supported by the CVI, with less money flowing into the nasdaq composite, hence momentum decreasing. OBV shorts and longs both increasing and volume RSI seemly absent for the past 46 years. The fusion I talk about comes in the form of digital currencies and their ability to alter the industry. Gold can be seen to be steadily increasing which is historically strong within a recession.
Nasdaq Composite Still LONG Nasdaq Composite stays in the long mode and tries just now
to make new highs.
For all who are in trades here i have marked some aereas
to watch.
In addition i have added a blue Trendline which is far away at the moment
but we have to look these line in the next week.
At the moment all okay for Longs.
Good trades
If you want to support my work please like them...
and if you want to know more about my trading style
please send my a boardmail.
Renkotrade
Good trades
NASDAQ 100 SHORT 1 HR Chart 23.10.Hello to all watching my charts.
Today i come back to my NASDAQ Future which is in SHORT mode
at the moment since yesterday,
There it has been a break of the major up long trendline
and after that a break of the major support
at
7940
Since then we are SHORT
First sign of strength should be a climb above the
upper shortttime trendline of my system at nearly
7875 at the moment
and also a climb above the small resistance from today
at
7880
If not Short is still the play.
Good trades
If you want to support my work please like them...
and if you want to know more about my trading style
please send my a boardmail.
Renkotrade
i am selling nasdaq at 7713.00OANDA:NAS100USD I Have checked my index and finally came to conclusion that I am going to sell, looking at the 1D chart a formation of a bearish movement seems to be continuing, though there is a possible retest to the 7773.00 area, my final confirmation to this pair is to sell it and hope for the best until my target at 7465.20
NASDAQ has completed bearish shark and turning bearishNDAQ has completed a bearish shark pattern.
The volume profile is showing that stock market traders are not interested to trade here.
The RSI is overbought and turning bearish.
The MACD was strong bullish but now it is turned weak bullish.
Regards,
Atif Akbar (moon333)
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.
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