Here we see the formation of an imperfect plate with a minimum target of 138.2% of the B wave and a maximum target of more than 161.8 B wave, which will actually be a drawn flat C. Since the flat C is most likely part of a triangle, we have to wait for the formation of the next components of a triangle. Due to economic conditions, we can not expect the formation...
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We’ve been heavily focused on the NASDAQ-100 (aka NDX and QQQ) as the 200 day moving average continued to dominate price action - despite pundits on television speaking that venom on how “growth and tech were recessionary resistant!” It is amazing what these people can get away with on television and how their words are held tightly by many bystanders looking for...
The 15K-15250K level has brought some demand on the last days of the previous trading week. Price action seems to be mirroring a recent move, which is circled on the chart. I am anticipating a minor pullback before we see further downside to the 14000K level , possibly a bit lower. **THS IS NOT FINANCIAL ADVICE** CAPITALCOM:US100 NASDAQ:NDX
NDX Nasdaq100 is looking bearish for now. I think we might see a double bottom before closing higher this year. Looking forward to read your opinion about it.
Not to be an alarmist or anything. But the nasdaq is looking weak in the knees right now. We needed to break that high to switch bullish. The market rejected it pretty harshly. You couldn't pay me to long NAS until we get a new high or SIGNIFICANT retracements to discount prices succeeded by 1hr shifts in orderflow and bullish structure.
I think we might see the end of the war soon. Russia says the first phase of its “military operation” in Ukraine is mostly complete. I am considering a W-Shaped Recovery on NDX and a price target of $15670. Looking forward to read your opinion about it.
In my previous Nas100 analysis I said that I work with 3 bearish scenarios in Nasdaq's case, and the last scenario proved to be the correct one so far, with the index reversing from 15k zone resistance. At this moment, the index is trading just above 14.400-14.500 zone support and I expect continuation to the downside. In my opinion rallies around 15k should be...
Looking for a Super Short on the NASDAQ with entry set out in this chart. Buy the fear, sell the greed.... Which side are you on?
Recounted NDQ and find it hard to imagine we fo not at least test the weekly ema 100, with the fact that yeilds are still heading to 2.1% USD is heading to $98-$99 & TA patterns show a failed bottom ST TL.. So probably we have a bearish Feb to start and bottom around 13,000
NASDAQ: BEARISH OUTLOOK There is a confirmed Double Top (M Formation) showing further downside to come to around 14,483. I am worried with American indices at the moment. Omicron, talks of inflationary measures and increase Interest Rates is causing quite a bit of downside.
Nasdaq looks like it still has the ABC down happening, the SP500 looks like it want's to push higher, while the nasadq looks like a H&S pattern can play out dropping tech stocks to 14,000 to finish wave C. I really don't like the mixed indices. When DJIA was pointing down for wave 4 but SP500 & NASDAQ were pointing up the truth was revealed that the dow jones w4...
Breaking down the Ichimoku cloud & Elliott Waves for the current PA. Seeing confluent support in this region, though R/R is better on the put (short) side.
we hope gain a huge profit at this trade step by step
We hit my IH&S pattern but could not break up from the rising wedge. Instead we have broken down, I think we are heading to that weekly 50 ema at 13,500
Bouncing off spider ray and RSI70 , due for a pullback. ZOom in and head and shulders forming under the TL for a reversal.
Hey, this is one of the possible moves in of $NDX, the index is overbought and it needs to cool off, maybe we see a market crash (or just a big correction) in February 2022. Not financial advice. Do your own research. P.S I will be glad if this is not gonna happen. If this happens many people will lose their savings. P.P.S If we see market crash it will not be...