NASDAQThinking the NDX has been leading the dump and the DJIA & SP500 will dump harder % wise while NDX starts to lead the recovery IMO
NASDAQ 100 CFD
NASDAQ - Elliott Wave CorrectionShort Term Bearish to complete the 5th wave of ABC correction.
- Happy Trading.
NAS100 AnalysisHi guys hope you all had a great weekend.
We had some good bullish movement on Friday taking price to 13793 zone, The market is still respecting the support/resistance line drawn early last week. This week its still a very mixed feeling, The bearish fall may not be over yet. If we look at the higher timeframe, This bullish push can be just a pullback for the bears to continue. We will need a clear of 13793 for the bulls to continue. I would watch the 4 hours carefully to see how this plays. A break of 13664 can result in bears pushing down further. I will highlight the Daily/4Hr timeframe on a separate post.
Be patient and protect your capital. Nasdaq is a very volatile pair and if your dont have good risk management it can easily blow your account. If you want to learn how to trade nasdaq you can take the nasdaq course. Currently half price. Please see link below
NDX:NAS100 Looking for Shorts if Monday's highs aren't breachedA longer / bigger time frame indicates a huge shorting opportunity, I've missed a couple of shorts but bought all the way up and knew there was upside still ahead, gamma squeeze anyone?
What do you think?
NAS100USD 2021 May 03 Week (Intraday)
OANDA:NAS100USD
NAS100USD 2021 May 03 Week (Intraday)
Nasdaq remains in price rotation, price levels to watch remains per last week's:
Critical support = 13735
Immediate Resistance = 14068
Since market is in rotation, trade entries will be at the boundary of the range.
Additional scenario planning
1) If critical support 13735 is broken and price comes back to test and is rejected,
will do a support turned resistance short.
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Have a safe and profitable trading week!
NAS100 Analysis Hi guys hope you all are well.
Nasdaq has been very indecisive lately been ranging for a while now. The trend is still very bullish and I hope we can see a break through today pushing price back up to 14064 and then further to make new highs. 14200-14400. If the price however does decide it need to come back down we can see it come to 13800 before coming back up. If the price does continue to go down from here then we may see 13665.
For now I will be looking for buys unless I see clear signals this is a sellers market.
nasdaq analysis We had a very nice drop on nasdaq which we were waiting for and this bearish momentum may continue tomorrow. We are currently on the centre trend line on the 4 hour chart. if we break through and come down our target will be anything between 13680-13394. However is the bulls do decide to come back in we will most likely see new highs again target of 14200-14400.
I been getting a lot of messages people keep blowing their accounts. Please protect your account as if that's the only money you have. To become wealthy you need money to trade with. If you blow your account you will eventually just give up. To stay in the game you need to have a account with money. Stop taking silly risks. Stop gambling. And start trading like a pro!!!. I had a student last week who left his job to do this full time, he only started with $200 but he protected his account and focused on growth rather than money. If you focus on money you will never grow. But if you focus on growth money will follow you.
Correction Time!!BTC led the market down over the weekend and stocks are confirming the selloff. Impulsive structure spotted on the 1 min chart to the downside.
Take some profits if you're long. I'm loading up my UVXY position to catch the downside here.
Not financial advice.
NAS100USD 2021 Apr 19 Week (Intraday)
OANDA:NAS100USD
NAS100USD 2021 Apr 19 Week (Intraday)
Nasdaq continues to advance on low volume,
the net gain from previous highs has narrowed.
Prefer to wait for a wide spread down bar before I look to buy in the lower time frame.
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Have a safe and profitable trading week!
nasdaq analysis Today we had a pretty bearish day on Nasdaq, Currently the market is consolidating on lower timeframes. If we look at the daily we can see 13915 was previous high which did get broken yesterday, nas making a new high. Today if we get a close back in 13915 then we can expect some more sell off bring price back down to 13607-13540. However the bulls do continue next target will be 14200
NAS100 AnalysisNasdaq has been ranging for the last couple days. on the daily the trend is very bullish. We are very close to our previous high. On the 4hour chart we can see price has hit the top of the trend line. A break of this trend price can move to 12400 and higher. If the price does respect this trend line and pulls back then price will come down to 13600- 13472.
Be careful of the fake break outs. We have had many of them already.
NAS100USD 2021 Apr 12 Week (Intraday)
OANDA:NAS100USD
NAS100USD 2021 Apr 12 Week (Intraday)
Last week, pt (2) resistance turned support happened, therefore no reason to
short.
As price approaches a previous high, the last bar showed no demand for
higher prices. Keep stops tight if in long position.
Weekly chart showed price advancing on reduced volume - weakness has
appeared.
May have opportunity to short if we see rejection at higher prices.
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Have a safe and profitable trading week!
NAS100 - Will history repeat itself (part 2)NAS price over the past 6 weeks is forming a pattern that closely resembles Sept/Oct 2020 price movement.
In order for this trade to be valid, point 7 needs to reflect a failed break above point 1 (as can be seen 12-14th Oct). I will be looking for a daily close below 13600, and then below 13530 over the next few trading sessions.
Targets:
13290
12730
NASDAQ Analysis Currently Nasdaq is consolidating. A break to the upside our next target will be 13916. If the price does come down then we will see price come down to 13600- 13472. Nasdaq has been very bullish for days and there is high chance it will continue.
NASDAQ Analysis The market is currently consolidating. A break to the upside we can see price move to 13738- 13916. A break to the downside price will come to 13472, a break of this we may see price come further down to 13328.
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