NICE AND SIMPLEComment below if you are seeing what I'm seeing.
We've been waiting for shorts for multiple reasons, finally we are getting some lovely rejection at resistance 13205 as well as a bearish pattern forming and a break in trend. I am expecting a sell off in our sell zone today to finally break this consolidation zone and take us to 12950.
Nasdaqsignals
NASDAQ Is far from finished with this rallyNasdaq has gone a long way since we called for a rebound on the 1D MA200:
The current rally within this Channel Up pattern that started in December is on its second Bullish Wave, supported by the 4H MA50 (blue trend-line) and is targeting at least the 13730 Resistance of the August 16 High.
The best level to buy during this run is on the Higher Lows trend-line of the RSI. A similar Higher Lows trend-line during the January bullish leg (note that both sequences started on a Double Bottom), gave 5 clear buy entries.
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BULLISH OR BEARISH?Nasdaq is currently in a strong bulls market - all though there are a lot of signs both technically and fundamentally for it to go down, the bulls have taken over this area in the market. Today we will go with market direction rather than fighting the market.
We will wait and see what price does at 13130 - if it respects ema and tl then we will go long to resistance (13205) and ideally end off at 13315.
If price breaks ema and TL we should see price head down to 13044 and potentially lower.
Overall today should be clear for a 700-1000 pip move.
Nasdaq BreakDown Analysis 04/04/2023Dear traders Nasdaq open with new opening gap so as you see we re in uptrend and the market consolidate in 13135 so I expect price if came and close below 13133 it will be chance to sell and if he still above 13140 you should look for buy trade safe and good luck
20 Reasons for Buy NASDAQ🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
✨ Eagle eye: A long-term analysis of the Nasdaq from 2003 to 2021 shows that the market has achieved back-to-back higher high closings, followed by a one-third correction. This suggests the possibility of another bull run.
📆 Monthly: The market underwent a deep correction of 61% and is expected to close strongly in March with a big bullish momentum candle.
📅 Weekly: The internal bull structure is currently strong, and the 13764 area is an important price level to watch. If the price reaches this level, it could signal a significant announcement. Therefore, I am bullish on the Nasdaq and recommend monitoring this level closely.
🕛 Daily: The Nasdaq is currently extremely bullish.
😇 7 Dimension Analysis
🟢 Analysis Time Frame: Daily
1 Price Structure: The price structure of the Nasdaq is currently bullish.
2 Pattern Candle Chart: A flag continuation pattern is forming, with back-to-back momentum candles.
3 Volume: The volume is currently decreasing, indicating a correction is expected.
4 Momentum UNCONVENTIONAL Rsi: The Nasdaq's unconventional RSI is in a super bullish zone, above 60.
5 Volatility measure Bollinger bands: The Bollinger bands are touching the upper band, indicating full bullish volatility.
6 Strength ADX: The Nasdaq's ADX shows that the bull trend has just gained strength.
7 Sentiment ROC: The rate of change for the Nasdaq is the strongest compared to other indices.
✔️ Entry Time Frame: 4-Hour
Entry Time Frame Structure: The 4-hour chart indicates a bullish structure.
Entry Move: As per the analysis, a correction is expected, so it is better to wait until the price reaches our desired levels before entering the market.
Support Resistance Base: The mid-level of the move supports.
FIB: We will use the trend line breakout for entry.
☑️ Final Comments: It is advisable to buy when the correction is complete.
💡Decision: Buy
🚀Entry: 12713
✋Stop Loss: 12493
🎯Take Profit: 13600
😊Risk-to-Reward Ratio: 1:4.26
🕛 Expected Duration:
Nasdaq to see a higher correction?NASDAQ - 24h expiry - We look to Buy at 12677 (stop at 12577)
Traded to the highest level in 30 weeks.
There is no clear indication that the upward move is coming to an end.
An overnight negative theme in Equities has led to a lower open this morning.
Bespoke support is located at 12677.
12682 has been pivotal.
Our profit targets will be 12927 and 12977
Resistance: 13025 / 13200 / 13350
Support: 12677 / 12655 / 12513
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NASDAQ BULL RUN?The bulls have taken over considering majority of technicals and recent fundamentals pointing at a price correction.
Due to APPLE releasing its new payment method and headset enticed bulls to push pice up, I still see the overall move being a SHORT but if the bulls continue pushing price higher up we could see 13033 really soon.
NASDAQ is Correcting - Don't Buy in Short Term
Technical Analysis:
- As you can see in the daily chart, in the very short term we've two possible paths - Path 1 and Path 2
- Today with actual data - the odds for Path 1 is 60% and the odds for Path 2 is 40%
- We expect to buy wave II in red completely around $8,000
Technical Analysis:
- H1 & H4 Right Side is Turning Down
NASDAQ broke below the 4H MA50. Pull-back possible.Nasdaq (NDX) broke and closed a 4H candle below the 4H MA50 (blue trend-line) for the first time in 2 weeks. With the 4H RSI not having touched its Higher Lows trend-line yet, this is an indication that the index might pull-back some more towards the 4H MA200 (orange trend-line) - 1D MA50 (red trend-line) Support Cluster (even as low as the Symmetrical Support), before finding the new demand zone for buyers. We are buying this pull-back and target the bottom of Resistance Zone 1 at 12895. The Higher High extension though can be much greater, even as high as 13,200 on the long-term.
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US100 SELLHello NASDAQ Market. Strong resistance arrived. There is a high probability of going down. for correction. Although the index remains in a positive state with the gains it achieved before .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
Nasdaq breakdown Analysis 28/03/2023Dear traders Nasdaq respected previous setup and I suggest you to be patient this week we have some news that may ruin the market ..well as you can see in my chart nasdaq was bearish today the new weekly candle start bearish it may consolidate this week so above 12735 you’re good to look for buy and if price close below 12677 if till be change to sell good luck and trade safe
NQ1! NAS100 NASDAQ 2023 Mar 27 WEEK
NQ1! NAS100 NASDAQ 2023 Mar 27 WEEK
Nothing eventful last week at price was testing 12950.
No trades for indices last week as opportunity didn't happen
during my waking hours. Also the messiness on M30 &
lower TF.
Concern: Despite greater effort, progress from
H to H1 was only marginally higher, and price closed below
12950.
Possible scenarios:
1) Market test 13740 = long on retracement //
acceptance at 12950
2) False break of 12950 = short on rejection of 12950
Volume Analysis:
Weekly = Narrowing spread Ave vol up bar close off high
= non-trend changing minor
weakness
Daily: No Demand up bar = non-trend changing weakness
Price reaction levels:
Short on Test and Reject | Long on Test and Accept
14361 13740 12950-12678
11921 11068-10710
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Have a profitable trading week ahead.
MY MID-TERM TAKE FOR NASDAQ100Following a double-bottom(W) pattern formation after a BEARISH move, I do believe that this asset will rally up gradually for a while.
The yellow line indicate my bias on how this asset is likely going to move with my TP target at the height of the Left arm of the W-pattern
If the asset eventually retrace down to activate my entry, my Risk/Reward ratio will be 6.6
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