According to my chart analysis , NQ1! Nasdaq Ustec 100 ndx Sell Now ! Show strong signal to Sell , sell max as you can .
While the NDQ/DJI, itself, represents a significant trade opportunity here, even more notably, a number of the index components display remarkably skewed "Greeks"! (For example, APPL-GOOGL, CAT-PEP, TSLA-BA, etc..) E.g., It is a rather strait forward process - at these levels - to assemble baskets of stocks (Long) in each index (Short) with rather juicy, +30%-40%...
It's a beautiful thing. The charts never lie. When things start to look as wild as this week's price-action, it is a good idea to look for some kind of "tell". These kinds of moves are like an irresistible vortex for the FOMO crowd and the next thing you know we are down 20%. Is there a case for a deep(er) pullback in the mighty Nasdaq? We will just have to see...
Time for a correction and perhaps a sudden big drop. Time will tell. A double top and a bearish pennant have formed, so we're getting another good drop now.
If S/R flip 12,170-12,200 then we should head turbo back to ATH 16,800. Could be in the most hated melt up the stock market ever seen.
There is a wolfe wave setup on the 78 min time frame. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 11500 which coincides with the 6 day ma. The ETA is defined by identifying the apex of the wolfe wave...
NASDAQ:NDX Entered the BEARS and it is likely to reach 11222.8 Resistance before going up again. Mybe this time it will break out of this wedge.
Trend is down; possible pullback to either of the zones before further down to the 2 targets.
We have a downtrend within a downtrend, the inception of bearish signals. The NDX printed a shooting star candlestick yesterday as a rejection from EMA10. The RSI has gone bearish and the QStick indicator as well. The feeling is that it should be mild yet, we are seeing a strong crash ahead. Maybe even a 10 percent drop in a matter of days. Just hoping that we...
Charts rarely get cleaner on a high-time frame. 50 day Monthly which has been a long term support is holding, beautiful monthly candle forming, maybe we get a doji. Stoch RSI scraping the bottom, only a matter of time before we trend higher. Not advise.
NASDAQ looks bearish today, & standing at the resistance with a bearish divergence. Bearish Signals: 1. Lower high formed 1hr TF 2. Resistance at 11573 3. Bearish Trendline Resistance 4. Bearish Divergence on 5,15 & 30min TF
In a bearish trend Nasdaq has defined it's new lower low & now on the move to form a new Lower high. I'll take a short entry if the price rejects from defined S&R areas.
The bullish trend is broken now, so I'll try to short after Lower high formation which is expected to form at the given price range.
For the first time since the COVID sell off the SP:SPX closed the WEEK below the 200 SMA at 3583 points, for the previous three weeks the index was trying to test the support of the 200 SMA but after the heavy selling pressure in the other indexes TVC:DJI NASDAQ:IXIC and NASDAQ:NDX . SP:SPX has broken the support to the downside and most of the stocks...
Technicals: Inverse C and H RSI <50 and lower highs Bearish 10,464 target Fundamentals: Inflation remains >8% Recession still in process World market continue to crash
We have real momentum here on the NDX100. With the 3D sitting right on the 200 ema a break above that will likely confirm my count and send Tech sector (most likely crypto as well) up into higher targets on the HTF.