NAS100USD 2021 Aug 02 Week
OANDA:SPX500USD
NAS100USD 2021 Aug 02 Week
Short opportunity for NAS las week, went to 14851, so long on the re-test of it.
Weekly: Down bar closing in middle, indecisiveness, also some supply present.
Daily = Shortening of Thrust, Supply present = weakness
H4 = We saw the sharpest decline from the high last week, Change in behavior with LH and LL.
Short preferred for week of Aug 02.
Strategy:
1) Short when price resisted at previous resistance / swing high
2) If price goes into rotation, long / short at the edges of the zone.
Remember to like and follow if you find this useful.
Have a profitable week ahead.
NASDAQ 100 CFD
We are the the gate of a correction, how big it could be???I have done some calculations on the 3 major indexes!
TVC:NDX
Could touch 14000-14200 in the next 1-2 wks.
TVC:SPX
Could touch 4250-4300 in the next 1-2 wks
TVC:DJI
Could touch 34200 in the next 1-2 wks
The big question is:
Should we buy this dip or not???
A None Random Walk Down the Inefficient Wall Street..!What Is the Random Walk Theory?
The random walk theory raised many eyebrows in 1973 when author Burton Malkiel coined the term in his book "A Random Walk Down Wall Street.
Random walk theory suggests that changes in stock prices have the same distribution and are independent of each other. Therefore, it assumes the past movement or trend of a stock price or market cannot be used to predict its future movement. In short, the random walk theory proclaims that stocks take a random and unpredictable path that makes all methods of predicting stock prices futile in the long run.
Random walk theory suggests that changes in stock prices have the same distribution and are independent of each other.
Random walk theory infers that the past movement or trend of a stock price or market cannot be used to predict its future movement.
Random walk theory believes it's impossible to outperform the market without assuming additional risk.
Random walk theory considers technical analysis undependable because it results in chartists only buying or selling security after a move has occurred.
Random walk theory considers fundamental analysis undependable due to the often-poor quality of information collected and its ability to be misinterpreted.
Random walk theory claims that investment advisors add little or no value to an investor’s portfolio.
Efficient Markets are Random
The efficient market hypothesis states that stock prices fully reflect all available information and expectations, so current prices are the best approximation of a company’s intrinsic value. This would preclude anyone from exploiting mispriced stocks consistently because price movements are mostly random and driven by unforeseen events.
The problem is in 1973, there were no Computer, Internet, Algorithmic trading, Quant Funds, AI, and Machine learning..!
Moreover, there were no Social Media like Reddit or Twitter that make the systematic repetitive market manipulations new normalcy..!
This chart presents the price movement of
NASDAQ:AAPL
NASDAQ:MSFT
NASDAQ:AMZN
NASDAQ:FB
NASDAQ:GOOG
and Major indexes:
TVC:SPX
TVC:NDX
Question 1:
Can you distinguish which line presents which stock or index?
Question 2:
Does it really matter to distinguish which one is which???
These 7 tickers have a significant positive correlation which means they will go Up/Down together, so if you are a trader don't waste your time, pick one and you can take a similar position in others with more than a 95% confidence interval. (either buy/sell)
*A perfectly positive correlation means that 100% of the time, the variables in question move together by the exact same percentage and direction.
**In exploratory studies, p-values enable the recognition of any statistically noteworthy findings. Confidence intervals provide information about a range in which the true value lies with a certain degree of probability, as well as about the direction and strength of the demonstrated effect.
Related Articles:
www.investopedia.com
Nasdaq Analysis Hi guys.
We have recovery on nasdaq since the drop yesterday. However It may not be over, we may see more bears pushing price down the down channel to 14841- 14724. However if we do break up 15076 then id except buyers to come back in taking price to new highs. Have your stops in place as New York sessions will be opening and anything is possible with nasdaq.
Where we expect NASDAQ ?As per my previous nasdaq reached all target,
Now we are expecting for some days consolidation between 15120- 14600
if any break out then i will update here..
this consolidation might go till august end
NAS100USD 2021 JUL 26 WEEK
OANDA:NAS100USD
NAS100USD 2021 JUL 26 WEEK
Scenario 3 was activated when price was supported at 14556, offering long opportunity
Weekly: Wide spread bullish engulfing up bar, no sign of weakness
Daily = Market up on decreasing volume = weakness
H4 = Wide spread up bar followed by upthrust = possible weakness
Strategy:
1) Short on (a) No Demand, (2) Upthrust, (30 Mushroom over
2) Long on retracement
2) Long if immediate resistance 15132 becomes support
Remember to like and follow if you find this useful.
Have a profitable week ahead.
Nasdaq analysis New York market will be opening very soon and it will be very interesting to see where this market goes. We are in a very crutial point on nasdaq where this retest on the bullish structure can be the sign for a big fall as analysed last analysis. However if we do see the price creep back inside the structure then we can see more bulls coming back in pushing prices high again and most likely even creating new highs.
For now I will still strongly side with the bears as the bullish structure has been broken. Things can easily change so always have good risk management in place.
nasdaq 100 analysis Hi Guys, We have had big drop on nasdaq and I would expect the price to carry on dropping. This bearish move may carry on all the way to 13800 area before climbing back up. It is a retracement that was excepted for a while. In the meantime we will get pullback with opportunities for entry. However if the daily does close back in the channel things may change a lot. we may see more bulls before we see this retracement.
NASDAQ Ripe for CorrectionMaybe not before big tech earnings, but this is a September 2020 playbook in the making. Expecting a blow-off top anywhere between 15,000 to 15,500 but will not trade against this monster unless clear signs of reversal are forming on hourly timeframes.
Current price action, RSI's and volume indicators certainly warn of overheating territories yet we can and we still will grind a few notches higher. Infact 15k is likely as soon as today itself.
NQ1!, Going Strong into the EarningsThe market is holding well above the most aggressive trend line originated back in May. The structural forces analysis is the most objective way to gauge the sentiment . At some point the market will turn around but anticipation of that event leads to missing opportunities within the main trend.
07/10/2021
Nasdaq target as per my cycle analysisdear follower's nasdaq last time my prediction was reached succesfully.
Now as per my cycles i am looking 14880 & 15120 are the target for july month keep your trailing stop loss at 14400 below close.
its purely based on cycle calculation.
prediction date 02.07.2021
thanks & Regards
K Sureshkumar
2021 July 05 NAS100USD
OANDA:SPX500USD
2021 July 05 NAS100USD
New high for NAS again, and on low volume. Keep stops tight.
Weekly chart: Price advanced on low volume
Daily chart: Wide spread bar up
H4: Last bar closed off low indicating presence of supply.
Strategy:
1) Long if price supported at bottom of channel or price reaction zones marked out.
2) Long if there is wide spread bar down on high volume and price supported at the close level of the bar.
3) Short if price retest current high and is rejected.
4) Short if price makes new high and close off the high, and that bar becomes the resistance
Remember to like and follow if you find this useful. Have a profitable trading week ahead. : )
NASDAQ 100: The bulls (still) remain at the helmTechnical analysis of the NASDAQ 100 - viewing in the D1 chart
The technology-heavy selection index Nasdaq 100 shows an intact upward trend in all relevant time frames. Most recently, it generated a significant follow-up buy signal on June 22nd with the breakout of a rising resistance line along the highs of February 16 and April 16. On Monday it marked a new record high at 14,528 points.
From a purely price perspective, the bulls are clearly in control. The sentiment data and market breadth data for the US stock markets urge caution. In our opinion, the current price surge should represent the “final hurray” before a medium-term correction phase. In terms of seasonality, a phase of weakness beginning in July and lasting into autumn would fit into the typical pattern.
We see possible price targets on the upside at around 14,600 points and 14,757 / 14,774 points. Potential expansion targets can also be identified at 14,913 points and 15,082 points. Should the quotation fall sustainably below the former containment line, which currently runs at 14,258 points, we would see a first important warning signal for the beginning of the targeted corrective phase. Confirmations for the bearish scenario would be below 14,205 points and 13,968 points in a subsequent slide.
Note:
Despite careful analysis, Global Investa does not accept any liability for the content, topicality, correctness or completeness of the information provided.
2021 June 21 NAS100USD (Intraday)
OANDA:NAS100USD
2021 June 21 NAS100USD (Intraday)
NAS last week offered the following setups
- Long trade set up from 13946 immediate support
- Short setups as market topped when spread narrows and bunching of closes
Scenarios:
1) Short if price returns to test resistance or 14116 region, target 13900 / 13840
2) If price reaches 13840, wait for price reaction before taking your position.
Remember to like and follow if you find this useful. Have a profitable trading week ahead. : )