NASDAQ: Targets the August High on this pullback.Nasdaq hit R1 (13,200) last Friday and with that our short term target. The 4H technicals remain bullish (RSI = 61.642, MACD = 91.200, ADX = 41.779), so are the 1D ones, within the long term Rising Wedge since October and the Triple Bottom that followed, so the trend remains bullish. After however the first 4H Golden Cross (on March 22nd) since January 18th, the current bullish leg is following that pattern of the former one. This suggests that one last pull back is possible before the price tests R2 (13,735), which is the High of August 16th. Buy the pull back, TP = 13,700.
Prior idea:
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Nasdaqtrading
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 100NASDAQ:NDX
Entered the BEARS and it is likely to reach 11222.8 Resistance
before going up again.
Mybe this time it will break out of this wedge.
Nasdaq: Southward Ho, Techies! 🤓After it has been heading for it for a while now, we expect the tech-index to dip into the green area between 14841 and 15295 points. There, it should finish wave in blue and the superordinate wave 4 in green respectively. Then, the index should be ready to rise again, aiming for the resistance at 16768 points and further still.
NASDAQ During fundamentals.... Watch to see possible entriesI have displayed a good entry point for a short and for a long. As a day trader, I go with the trend but also trade pull backs... I am neutral and waiting for an entry. VIEW TO SEE WHAT TO EXPECT
NASDAQ Sell SignalPattern and Signal: The 1D Rising Channel is testing the 1W Resistance Zone. Bearish signal.
Target: 6915 (the 1D Support).
IXIC @ 1h @ almost like a counted boxer after an upper cut ?Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
Best regards
Aaron
