-Welcome to Monday October 3rd The Q3 close last Friday showed a complete route in the general markets as the quarterly close saw the DOW, NQ, and SP down 16%, 17%, and 20% from their summer rally highs. The Dollar Currency Index is still fully parabolic from it’s double bottom from May 2021. The collapsing value of the Swiss Bank Credit Suisse has brought to...
Nasdaq Weekly Forecast Analysis 3-7 Oct 2022 We can see that currently the volatility is around 4.84% for this week, decrising from the 5.06% from the last week. Currently there is around 23.6% that the asset is going to close either above or below the channel: TOP 11600 BOT 10470 The current volatility percentile is around 89th, placing us in a very risking and...
I am buying NQ with BOTH HANDS here. 2nd October 2022 is exactly 314 days from the November 2021 high. Im calling the low.
Im going to exit remaining of my MNQ short at 11060-70 zone (if it gets there) Also started ES longs and 366 SPY calls Have a great weekend
NQ has tested its prior bottom and appears to be holding support. The risk/reward is skewed to longs here for a rally to 12400
Im long here NQ and ES, tight stop though. Needs above 11275, the target is 11380-90 by 6am or so. If we see this move before the PCE numbers, I will exit longs and go short. What if it will be a repeat of what happened last time PCE number was out. Tomorrow should move the price above the last several days range, its also a directional change day and it could...
hello, It was predictable that NQ will go down because of the over injection of dollar in the USA economy, so it is normal that nq won't stand more this fall is its fatal destiny always look up for sell opportunities do not buy. remember i am not having a cristal ball prediction markets future but i try to be more efficient and more rational so kep eyes on my...
I have added some MNQ short on this spike, stop at 255 and started Oct 21st puts again Done for today, watching the close and 3636-39SPX
Interesting, latest NQ update disappeared from my page, reposting again This is getting more interesting, watching this possible pathway! Will short at the resistance line for higher right shoulder
This is getting more interesting, watching this possible pathway! Will short at the resistance line for higher right shoulder
if nasdaq can break yesterday high ..it is powerfull buy signal and it can fly up personaly i belkive nasdaq will see 13000 area soon if low not break good luck
Here are the levels of importance for NQ on the downside: - 11060 - 10656-500 - 10300 - 9990 The last 2 numbers are the main target zone now I want one more push tomorrow. Since it's not only weekly, but monthly and (very important) quarterly closing this Fri. Last 2 quarter ends both resulted in selling last 2 days, something to pay attention to. So a...
So here is NQ at the same stop as the ES, must hold here, then tomorrow's low should be a higher low and then we breakout into Oct 3rd high with the window dressing rally (those become rare this year)
nasdaq still looks to be on track to make a new high before this year ends. i shared this nq idea not too long ago, and it ended up playing out nicely - check it out if you missed it: === it's easy to get caught up in the bear funk that's going around these last few days, but the charts point up in the mid-term, so that's what i'm mostly focused on. === ...
Minimum target. Getting over that and we could see a test or fill of the gap area around 302 - 308. Good luck!
NDTW = the percentage of Nasdaq 100 stocks above their 20D Moving Averages NDFI = " " 50D MAs NDOH = " " 100D MAs NDTH = " " 200D MAs I noticed NDTW was at 1 for the first time since Covid bottom, where it only spent a week bouncing a round down there; but this is closer to the 2008 crash. So I examined that. When NDTW went under 5% in 2008 for the first ...
The Forex markets have been playing games with the U.S. Indexes; but weighted by DXY, the markets actually look much stronger, especially on the latest leg down. Possible IHS if it reverses soon. The signal up top is the difference between DXY weighted and USD weighted. If you scroll out you'll notice there's never been this much discrepancy between the two.
I think we may have a bigger correction before reaching its top. I think we would have its top near midterm election.