M Formation has formed on Nasdaq after a stellar uptrend. It's normal for the market to dip and for the buyers to bank their profits. I don't think the downside will be strong and powerful. So my first target is only to 14,314. We will then most likely consolidate, move sideways and then head up. But you'll be the first to know.
I have marked the Bullish Bearish scenarios of the next 2 weeks(Possible Potential Long) Green Bullish Golden Cross High Bullish Volume Technically: HH HL Donchian Long June S&P 500 futures ESM2023 are trending up +0.18% this morning as market participants weighed the latest updates on negotiations in Washington to reach a debt-ceiling deal while awaiting a...
Was charting TQQQ so will just use this chart. I am -2% on a small SQQQ position but adding here. Arguably a double top. If it gets out of that channel possible violent drop I dont want to have to catch. 50% position, will add if we go up. Stops at acceptable loss. Not advise.
This last decline has been beautiful, but time to get realistic. heavy shot profits I am taking off the table, nibbling at longs here with the deviation. Small size, tight stop. Not advice.
Nasdaq index, did you know that this index has an upward trend in the past two weeks? Well, interestingly, Bitcoin also has and I announced this in my analysis. Well, how far the index should go up, you should be careful, I won't say here if it goes up. Two more targets will not be seen, the first target is 15265.42, the index will go up to this price. Our...
Nasdaq has been rallying hard the past few weeks, thanks to tech rally due to recent growth opportunities provided by rise of AI. But Nasdaq is reaching significant levels both from S/R perspective and market structure. 1.We are reaching the top edge of the parallel channel 2.We are at PRZ of couple of harmonics (Cypher and BAT). 3. Also, within very close...
The Nasdaq has shown remarkable strength throughout the year, outperforming market expectations and surprising many investment strategists. In late January 2023, the index experienced a bullish breakout, marking a significant positive signal for growth after a year-long downtrend. However, it's important to note that a bearish pattern has recently emerged,...
dear traders last setup was respected this key level meant alot so follow the instruction and trade safe wait always for price action to react from each zone good luck
Apple is currently at the top of a rising wedge and has developed three counts of bearish divergence on the daily time frame. It has also completed a bearish cypher reaching the 0.786 on what seems to be a confirmation high. The weekly time frame also shows that it has reached the resistance which has held on 4 previous occasions I AM currently short with...
If Momentum Reverses in the market and we start seeing weakness in Q2 this could provide target levels for long on the $SQQQ in the following weeks/months
A Bullish Crab Harmonic pattern on the Nasdaq Index. Currently we might see prices head higher to garb liquidity from the higher at the bearish order block. By mid of 2023 we would prices reach the 6k USD levels.
The index closed yesterday forming a bearish engulfing candlestick after pulling back from 12,850 resistance. The bearish formation to be confirmed by an open today below 12,673.07 level. Next support levels: 12,460 - 12,300.
Dear traders Nasdaq reached previous monthly candle is seems he may test previous wick so as I said in my chart I’d price came and retest 12776 and close above so it will be change to look for buys at this zone and if price came and breaks below 12776 it will be high chance to keep correcting this move so follow my instructions and wish you the best of luck
dear traders nasdaq was up trend for last 2 days so it may be new correct for this move so folow my instruction in chart and respect the zones price must react from them i hope you catch the good one trade safe
As a trader of the markets you always have to be prepared for black swan events that can become a fork in the road. Are we at a fork? I think there is real potential for that to be the case. If you look at my recent ideas there is a common theme. I'm expecting higher bond yields, a stronger dollar, and weaker gold prices. What does this mean for stocks......
Hi Everyone, I just don't have a good feeling about this one. I think we could easily test the 2020 covid lows. Nowhere to hide. Be careful!!
DESCRIPTION: In the chart above I have provided a MACRO analysis of ES1! a future INDEX on the daily timeframe. POINTS: 1. Deviation of 250 points would justify placement of SUPPLY & DEMAND POCKETS. 2. Pennant Formation 3. Current CORRECTION FALL is roughly 5.55% falling short by nearly 5% when compared to other CORRECTION PHASES. RSI: Since the inception...
This is a two-day chart and we have a Heikin Ashi candle, a lowered SQZMOM bar and the Cluster Algorithm has reached its maximum. I think a retest of the 10442 level is assured.