NDX Nasdaq Index shortHi traders,
this is my trade idea for the Nasdaq for the next month.
Let wait for a good entry to go short and hold this trade as swing trade.
I wish you a good trading week.
Stefan Forex
Ndxshort
Situation NASDAQ 8:45 NYT LONGNasdaq has just sit on the Blue trendlinei have mnarked
and is still long.
There has been established a new support zone at 7170/7180
i have marked in blue.
Only a trading below that would destroy these setup.
But even if trading below that 7170 at 7150 and 7130
there are some support zones (i have also marked new in blue)
to hold up the bulls.
If 7170 will not hold a possile trading setup is short to range 7130
maximum 7080 but very tricky in my oppinion
NDX to short!Looking to short NDX now, all US Indexes at Overbought area, time to short ndx to 5250 is my next level.
NDX Diverging 4h chartNasdaq 100 index is showing divergence between the MACD and the Price direction. This with a complicated earnings season coming this week should prove interesting. Close out of your longs... the rally is over!
Only Matter oF Time My Friend.. Now or Later. Timing BreakDowN. When breakdown happens everyone will see whats coming from underworld..
If some bigshort idea. this what it is.. Can this bubble get bigger ?
Fed and its scheme operation can make bigger.. But not forever..
...
Nasdaq 100 could revisit October low after bearish breakoutWeekly trend direction is down and break below 6800 & 4hr rising trendline could trigger next leg lower
Nasdap Top 100 Pinned inside year-long rising wedge | BIG SHORTHuge Bearish divergence with high highers on price action & lower highs on the RSI
The US Stock market has gone parabolic and a huge correction will take place by Q$ 2018
Exit all US stock equity markets, enter low risk such as cash
Faang stocks have more bark than bite !How long do you expect
"faang" stocks to prop up
these markets regardless
of who's money is doing
the propping up ?
The house of cards is getting wet and the breeze is building.
Have you guys guys ever played the game of Jenga ?
The game is designed in such a way as to allow players to
pull a "stick" from the bottom and place on the top without
toppling the tower over. Initially it's very easy but gets
progressively harder and harder until you have to be so incredibly
careful as to not topple the now very high and shaky / unstable tower.
Ultimately you find you have no moves left and any attempt to alter
the structure, in any way will result in the toppling . It's your move...
NASDAQ Index 100 is due for consolidationNASDAQ is on the edge of a 30% retrace which is healthy and the bullish trend would still be intact.
*This is NOT investment advice, it's just my personal opinion, trade responsibly.
Possible scenarios for SPXI think there are 2 possible scenario's for the SP:SPX on a bigger timeframe.
Note that this is pure speculation. Only trade after confirmation.
Scenario 1: Back to the previous bottom and then bounce back up to form a head and shoulders pattern. Break out to lower territory imminent after a H&S.
Scenario 2: A weak market will cause the resistance to break immediately. This is less likely because there are still enough buyers (especially on American markets).
I think the bull market is coming to an end with an approaching trade war and an economy that can no longer grow. This is purely fundamental, but the graphs will show us in the future if we are right or not. Remember, trade only after confirmation. The market can still go up!
SPX futures still want to go lowerSP:SPX , OANDA:SPX500USD futures are looking to go lower. Trump moved the markets yesterday with a small "relieve" rally. However, the markets couldn't hold on the gains and it became a loss. This is signaling weakness in the market. The SPX futures are now making a bear flag and will probably breakout soon to go lower. Remeber, trade after confirmation (breakout).
Nasdaq seems bearish!!!I saw some bearish signals on macd also rsi is overbought on 4h chart.
Profit Targets:
7135.4
7107.2
7085
Stop Loss:
7187
Have a nice day,
Berk.
NASDAQ- Intraday ViewNDX has formed bearish Bar on daily as well as on 4hr Chart. It shows that bears are in control till 6575-6537.Daily Trend is Up but I will Short at 6630 with The STOP Loss of 6665 For The TGT of 6575-6530. My View is is for day trading.
Bulls EnterNasdaq has broken the daily trendline from February 2018'. I will buy Positional with stoploss of 6580 for target 6800.
Short NAS100USDBig hanging man formed end of Feb 2018 at top of a very long bull run after the all time high set in Jan 2018.
The flash crash and push back up to all time high prices, if the market does not push beyond the all time highs in Jan 2018, the short term speculators will pull out. Uncertainty, risk aversion in the light of trade wars, rising yields, possible drop in business spending and consumer net income.
At such high prices, not so good value yet for long term investors.
More bear moves coming soon.
FALL OF THE INDICES: NASDAQ WILL SUFFER TOO.. TP'S IN CHART>O YES THE FEAR IS HERE.. exciting times for traders worldwide.. To be continued....
