NDXHello traders, here is the analysis from our team :
buy @ 10912
target#1 @ 10917
target @ 10925
stop @ 10899
money management @ 10917
Let us know in the comment section below if you have any questions.😉
Ndxlong
NDX Wave (5) Rally OnGoingAll focus will be on the NDX as the current wave (5) rally is on going that shows our bullish count into major top at 11500. The immediate rally should take us into 11300-11500 higher. Currently facing significant Fib resistance at the 127.2% retracement.
NDX long but not for longPlease do you DD.
NDX is pulling back before the last gasp up then with the stimulus and fed injection. After that we get a crash in the next couple of months and it could be sooner.
NDX / BTCJust noticing how the 2 have similar structures.
BTC is currently in a falling bull horn which implies $4500 incoming.
But NDX has a smaller correction coming to the 618.
But when the NDX began its rising wedge B4 the crash BTC formed this bull horn, but looks like both have a dump coming B4 another move up.
NDXNoticing a pattern here, looks like every 2 years the NDX gets wrecked B4 completely retracing back to all time highs, then selling off for a nice pull back B4 continuing it's parabolic scam.
Nasdaq 100 CFD (4H) / Two Bullish Counts Remember that SPX and VIX decide what NDX does. NDX will need the green light from those instruments.
NDX long 10.000 before EOY 2020Seeing everyone bearish for a month because they just discovered the (future) catastrophic impact of Covid-19, while the NDX is still going up.
First, yes I agree with most bearish FA here, but please note that even with my average-Joe knownledge, I was expecting the bad news already in March (especially for the US).
If I could predict it with my stupid mind, I think the markets might also have priced it before everybody getting more and more bearish in Apr. / May.
So let me share my analysis (which is more like a request for comments).
TA :
+ Looks like a nice V-shape recovery (history says bullish).
+ Weekly RSI healthy and can go higher.
+ Very green overall (and I like green).
+ NDX/M2 shows there is space for more uptrend.
- Nasdaq always looks like a bubble.
- V-shape recovery could be a dead cat bounce.
FA :
+ To me, there is no "bearish market" or "bullish market" anymore for the medium term. During the last decades, the world has been slowly moving towards reducing costs and using more tech, making the tech caps bigger and bigger. The covid-19 will create an impulsion and then an acceleration of this process. Small caps and "old world" companies are going to take a hit, as well as some sectors (airlines being the most obvious, but maybe not the only one ?). On the other hand, tech will grow even faster and big caps will conquier market shares.
+ As overvalued as they can be, big tech caps are the best mix of defensive values for the short term and growth values for the long term.
+ The logic would be that "traditionnal" companies go down a lot, while tech companies take would go down a bit. I think the FED actions (and speculation on the FED actions) are might make the "traditionnal" companies "float" on their trend line instead of sinking, which to me might propulse the tech companies even higher since they are doing well in comparison.
+ Printing so much funny money might be a problem for the long term, but as far as stock market goes, it means inflation (you can see it by comparing NDX with NDX/M2). Big tech caps are like gold (they are probably going to keep their value over time) except they still have growth potential.
+- Bonds are less profitable and in a bubble, but I am not educated enough to know what it means. But apparently there could be lots of money looking for more profitable assets (?).
- To me, a huge correction is due for all the US markets. I just don't think it is going to happen right now.
The point of this post is to share my thoughts and to find counter-arguments against what seems to be a bearish thinking.
Please note that I am totally bearish on the real economy and I think that the inequalites are going to increate and that notion of value and money will be heavily discussed during the next decade.
I am just drawing different conclusions regarding the stock market.
I'd like to know what you think and on what point(s) you disagree with me.
(and yes, title is a bit clickbait)
RFC : NDX bullish until Oct. 2020 ?Looking at NDX vs. inflation.
Looks like in a better shape than SPX (higher highs, higher lows) with - if it breaks current level - a continuation of the bull trend until end of September / beginning of October.
My interpretation of the chart is that a "double top" might be found at this point (0.5 fib from tech bubble in this chart, around 10.000/11.000 pts level on the NDX chart depending on printing), then retracing and starting a new trend.
Of course the future is not written yet.
Please share your thoughts since I am still beginner for both TA and FA.
NDX Not Synchronized With SPX? Tech about to dump?Now here is the big story: looks like NDX is not synchronized with SPX... As mentioned in the S&P's technical analysis section of our Discord, we have no alternation within this weak impulse (W3 < 1.618*W1) and prices channel well.
Nasdaq 100 Index (2H) / Bullish & Bearish Elliott Wave CountsNasdaq 100 Index (2H) / Bullish & Bearish Elliott Wave Counts
Nasdaq 100 Futures (4H) / Bullish & Bearish EW Counts Nasdaq 100 Futures (4H) / Bullish & Bearish Counts
Nasdaq 100 Futures (4H) / Bullish & Bearish Elliott Wave CountsNasdaq 100 Futures (4H) / Bullish & Bearish
Nasdaq 100 Index / Bullish, Neutral, Bearish Elliott Wave CountsPA is not ideal for an impulse. We are struggling on the support of the channel. Exciting times ahead though.
Nasdaq 100 Futures Still Holding The Channel. Little 1212 down?Nasdaq 100 Futures Still Holding The Channel. Little 1212 down?
Nasdaq 100 Index (1H) / Primary Elliott Wave CountNDX topped at the intersection of the 1.272 extension at the 0.786 fib time (of the duration of blue subminuette A).
Nasdaq 100 (3H) / Primary & Alternate (Green) We are drifting into the inferior part of the channel. As you can see, prices are well contained within parallel lines since the bottom and have been flirting all the way up around the ML. This is not bullish price action. Within an impulse, the base channel is usually breached to the upside. We may have topped at the 1:1 extension in SPX and at the 1.272 in NDX. Bullish case still on the table (you never know) but less likely IMHO.
NDX technicaly based forecast
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 NDX technicaly indicators showing we can expect higher bulish market continuation, FIBO 0.5 which is in some cases stong supp is breaked, strong bulish candels foramtion, expecting to see break of FIBO 0.6 and push up in price till second trend line .
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
Thanks on supporting!
All best, good luck!
Beware of this Bullish Scenario in SPXA second flat correction would be indicative of a 1212 structure...
NASDAQ officialy Breaks new prices & respecting Bull trendline!!Congrats on our previous massive buy.. However we got to resistance(Initial TP) so then it either breaks and heads to top trendline or retracts again down to previous supports/Bottom trendline. So i waited for the break before updating.. Now its broken we would see more new higher highs(New market prices since 1998) possibly to 9400 or more(TP open) to keep respecting the very strong BULLISH trend till a new trend/pattern. Please comment and share your ideas on this particular pair too. thanks!
