TVC:NDX All three confirmations for price to correct below neckline of "incined" Head and Shoulders -- Growing concern over fresh lockdowns hit travel sector hard while banks and oil price also suffer RSI nearing overbought 65 to 70 -- also on Right Shoulder The riots and unprecedented uncertainty concerning many national elections from NZ to USA...
Hi guys, we've had a great run upwards since the double bottom at approximately ~10700 levels. I've drawn some new lines that could show us the way forward. However, this idea is going downwards. If the fiscal stimulus goes through congress and gets accepted, i believe this channel will be invalid. However, if it fails the coming week, we will be ready for a...
RSI - You can also see divergence here from the last top 27th August. Looking for a short term drop back to ~11530 area
This one is fairly simple, on a 2 week chart the NDX has had 8 consecutive up candles where each has had its close greater than its open. This has only happened a handle full of times and holding this short for 3 candles has yielded these results in the NDX going back to 1985. The other times where there has been this sort of move has been highlighted with a white...
QQQ will likely see a large pullback when the stimulus bill that is priced in does not pass as quickly as expected. It would be a perfect time to open short positions over the weekend...ya I said that, never thought I would say that. I suspect this MM pump on earnings for tech stocks will be a great exit point for those in power/insiders. I expect a healthy 15%...
About 30 Million Workers Are Collecting Jobless Benefits. The number of new claims for unemployment benefit jumped last month to 1.4m. That’s worse than expected and the first week-on-week rise for four months. We can expect a reflection of today`s news in the overvalued stock market. Sell-off accelerates also because of escalating US-China tensions and faltering...
NAS100USD SHORT TRADE MARKED ON CHART NDX SHORT TRADE MARKED ON CHART PLEASE DO YOUR OWN DUE DILIGENCE AND ANALYSIS, TRADE AT YOUR OWN RISK
Before the end of 2020 the mega crash of stock markets will be imminent.(If Tom Demark counts 9(max)) In 2000 bubble crash was 83%. This time MMA200 will be broken if the same percentage loss happens. Jump on to limited assets: XAU, XAG, BTC Further reading & watching: www.cnbc.com www.youtube.com
This just lines up so damn perfectly, one more rally from where we are and that's it, MAYBE a throw over to fakeout but I don't think so, I think it will stop there and I'm going all in on shorts.
Please 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.
Comparison of INVERTED VXN to NASDAQ 100 Futures (NAS100USD). As can see since mid-Dec NASDAQ 100 has been making higher highs WHILE VXN HAS BEEN MAKING HIGHER LOWS (INVERTED VXN ABOVE MAKING LOWER HIGHS). This is a MASSIVE BEARISH Divergence for the NASDAQ that is not confirming the rise in the NASDAQ100 rallies and a huge red flag that the NASDAQ is due for a...
Here is my thought, we might be seeing a trend reversal on the nasdaq, to be confirmed on monday by : - An opening much lower than friday's close creating a weekly gap, - The definite crossing of the MA20 (which has been struck on friday), - Crossing of 1H MA200 and 4H MA50, - Crossing of daily RSI 50 value, - Breaking the dotted pink support line. Next supports...
here is my thoughts on a possible $QQQ short in the next week or 2
This market is manipulated to the point of being ludicrous. When individual stocks are still being bought at P/Es well over 20 and RSIs approaching 80, it is no longer a market in which participants can believe. Let's see... Ongoing pandemic that is crippling both supply and demand globally? ✅ Nearly 50 million unemployed over the past 10 weeks? ✅ The worst,...
Just 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.