Who’s In The Nasdaq And What Are They Doing? Last week, the Nasdaq100 fell. In the previous episodes I said, “I’ll be looking to short the Nasdaq100 if the 15,000 remains a resistance. Shorting it to next support level at 14,680. However, if that 15,000 turns support, I’ll be looking to buy the return of the bulls—at least back to 15,200. What do you think?”.....
Short term outlook in Nasdaq (NQ) suggests the rally to 15270.96 ended wave ((X)). The Index has resumed lower in wave ((Y)), although it still needs to break below the last low on March 15 at 12942.50 to validate the view. The decline from wave ((X)) however looks impulsive suggesting further downside is likely, at least in the near term. Down from wave ((X)),...
Alright traders, first of, what is Nasdaq doing? These bulls are bears are at it again and I can't help but wonder what they plan on doing. The bulls have gotten to 14322 which was an initial higher-low plan but it's looking like there's a problem. Accumulation phase with bears looking stronger. Daily showing signs of an inverse head and shoulder.. Just got a...
Hey traders, If you're seeing this one, it means I was able to post this. The Nasdaq 100 dropped 2% after that double top showed up. I described what looks like an inverse head and shoulder forming, where the bulls are going for that higher-low. The VXN on the other hand hit a resistance at 30.50 and if this is just a retest to the 28 point support, then the VXN...
influence of 23H TF bear Shark is very weak here - EW Wave2 finishing monster 2D TF bull Crab continuation on EW Wave3+Wave4+Wave5 reaching a major pivot mid at around April 12-14 BIG bear could be waiting at levels 1600-16810 - massive ZIG-ZAG drop moves from there possible (two waves 14% each + 6% retrace)
Kinda thinking bears get rugged soon. Everyone thinks VIX channel 20-36 and play tops & bottoms. But this crash from the highs back down to 19 looks like an impulse W3 to me. Would line up with my bullish SPX analysis
Would like to see the 618% fib retracment level around 4350 get tested. This should hold for W2 as we continue higher into W3. Levels marked off in a minor trend as I expect this to take a few months 6 plus.
No free lunch here, only a shared perspective to be on watch for.. January vs. now $VXN setup.
Hey Traders, today was messy but I pulled through anyway, Look at the new idea I've got. Currently, the VXN is headed for support making the Nasdaq100 bullish. However, don't really know what supports holds. I'll be taking longs till then. If the 15200 level is retained that would mean something else. Watch to see my bias. First plan: VXN chart: Hey trader, if...
This is a technical chart showing levels and pattern for coming scenarios. Big Risk of Crash with Russia market crash 50% and we have massive debt in the world, around 10x as 2008. GBPUSD and AUDUSD has been on a run of 30% in 2 years time and index in US on a run of 150% gain. Most index stocks have multiplied and we have a inflation of 5% that indicate we need...
There's the pump from the oversold condition I predicted last week, looks to me like we get Ponzi Tuesday again, not sure why the market is so strong on Tuesdays lately. Might take a stab at shorting something tomorrow afternoon if it goes overbought. If garbage stocks like RBLX break out, I might wait until later this week. 3 day short squeeze rule....
The NQ daily time frame is in an up trend making higher highs and higher lows. The market is in the buy zone at a low price near a known level of U-turn. The market also has an up Fibonacci with an extension price point 16706.25 about +7,110 ticks above the market. It will be a good idea to turn to the one hour time frame and to look for low prices in the buy zone.
Hey traders, so I talked about all the trades I took today. I have a new spread-sheet. Check it out.. also, let me know how your week was. If you like my idea and videos, leave a like, comment, a nd follow me for more. Cheers, Lazyluchi
Hey Traders, the Nasdaq100 has created a new Higher-high at 15200 leaving a strong resistance at that level. The Initial jobless claims today came up with a 202k negative reading. The VXN on the other hand, is looking great at that support level although, we might resume the bearish trend soon. There's NFP tomorrow and I can't stop thinking of what the outcome...
Anyone who thinks they know for sure what's going to happen in this market should follow price action very, very closely. TNX just closed the month of March by very bullishly crossing the monthly cloud. Since the 1980's interest rates have been in a down trend. TNX could have crossed the monthly cloud bullishly on a couple of occasions but it never had the...
April Fools Day is right around the corner. Anyone foolish enough to think NQ, on this date, will close over 15,200? Call me foolish but I have a high conviction this price point will be met by this date. Should this happen momentum or the lagging span (within the rules of Ichimoku) will be above price on the weekly close which could create a squeeze the...
Who’s In The Nasdaq And What Are They Doing? Nasdaq bulls are succeeding! I mean, most of the anticipated resistance in last week’s chat.. Have all broken and turned into support. On the 240, you can see the clear uptrend (higher-highs and lows)—However, there’s a wedge and bearish divergence. Furthermore, the Nasdaq 100 has been respecting said, “wedge”...
gray line= old prediction in low EMA200 on 1hour chart and on daily chart is very very important !! now we dont advice sell ,,, we advice wait for deep for buy (hold 10 day)in above green arrow we can buy (SL=80 point) hold it to new high if you want sell near 15200,100% use very low size , put SL on high ok ??? and never remove SL on sell side , if...