NASDAQ 100 CFD
Nasdaq very bullish We had a nice bullish rally yesterday taking price very close to my analysis 13200- Priced reached 13170. The price then did retrace a bit and today I am expecting price moving back up taking price to 13200-13300. However if the price starts to drop before 13020 then we may see bears coming in pushing price back down 13780 level.
Also on the daily you can see the box I have drawn where I want the price to be coming then it will be a battle for breaking this trend to go to the upside or fall back down.
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Will Nasdaq make a new high ? Hi Everyone,
Hope you all had a great weekend.
I Will start with the higher timeframe today as it is very important to see what is happening. Today we will get a weekly candle close and we are at the crutial area again where we really need the candle to break the resistance area of 12940 on the weekly timeframe. The last 3 weeks it's attempted each time but failed. If we finally get this break nothing is stopping nasdaq to reach a new high. As for the daily time frame we can see the trend is still very bullish. And bulls do come in it will take price to 14000 and above which I will add as we progress. So today our concentration will be around this 12773- 13202 area.
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NASDAQ Analysis From the daily we can the the price will either continuing coming down (if broken through 12726), to come back and retest the trend line before going up to make new highs or the bulls may come in now, breaking 12924 and continue going up. Have a plan and patiently wait for that plan to play out. Dont rush into trade.
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NAS100 Analysis The price is currently ranging. Yesterday we had a break of the 13142 a key resistance area. The price didn't stay above that long before come back down. Today we may see the price either come touch the trend line (drawn with a box on chart) before continuing to go up or the price may break the trend line, come down to 13000-12910 before continuing to go up. The levels for the bulls remains the same see yesterday charts. If the price breaks 12910 there can be chance of prices coming down. If we look at 4hr t/f we can see 13300 is actually a very strong area of resistance as well, in the last few weeks we can see price has come to this area many times and it failed to break through pushing the price down quite a bit.
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NAS100 Analysis Hi Guys,
Let's have a quick look at what has been happening on the weekly. As we are very excited to see a bullish rally we must not miss a key area. On the weekly we have approached a strong key resistance level where price has come previously and could go further. For our bulls to have a continuation we will have to see what happens at this level 13141.
As for todays outlook, the price may reject 13141, come down to retest the trend before going back to 13141 and continueing to the next resistance area 13500- 13577. However if the price breaks to the downside then we may see price come back retest the trend and continue to 12771.
Trade safe, Nasdaq is one of the hardest things to trade and it is not for the light hearted. Nasdaq you can make serious money but do not trade if you dont know how to trade nasdaq.
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NASDAQ 100 Analysis Nasdaq broke the falling structure last week towards the upsides, we saw the price come back down to retest the previous structure and then went back up. We have come to a very strong resistance area 13079, which really needs a break for the market to continue. For the bulls a break of 13079, nasdaq will continue to 13320-13885.
However if market does fail to continue going up we can see price come back to the strong support area of 12767. A break of this level will get the bears back and we can see price coming down to 12500-12241
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NAS100USD 2021 Mar 15 Week
NAS100USD 2021 Mar 15 Week
Last week, buy opportunity materialized per analysis.
Immediate support 12668
Immediate resistance 13121
Let's see if price can continue in the channel since daily chart
volume is telling us price ascended on lower volume.
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Have a safe and profitable trading week!
The sharp rise in yields may not end the the tech rallyYes after the pump in yields in the last days, the NASDAQ:QQQ
to NASDAQ:TLT spread did a nice correction.
This correction however, by no means ends the bullish move, nor does it even introduce a bear market.
Actually the chart now looks even more bullish and I might have sold a lot of positions too early on Friday.... :/
Nasdaq 100 (Bullish 5.0)The bullish 5.0 typically only applies to a bearish shark harmonic pattern. Although, could still see a rally off of the 0.50 fib retrace.
NDX Nasdaq 100 Head And Shoulders This is a great example of how a Head and Shoulders pattern looks like!
$12.100 is the first target!
If you are interested to test some amazing BUY and SELL INDICATORS which give the signal at the beginning of the candle, not at the end of it, just leave me a message.