MFI overbought, RSI almost there. If it breaks the blue channel line, we could see a melt up. Pretty obvious nobody cares about Ukraine and that world leaders aren't going to do anything other than slap Putin's hand softly. I'm not feeling very bearish anymore, might just take next week off. If it is a melt up, the time to buy is when MFI gets oversold. No...
Hey guys, There's been a change in my way of posting again. Due to trade hour reasons. Anyway, I made a video reviewing my trades and mistakes made. Terrible week, but... Trades I Took: Hey good morning, it’s currently 9:12am, Tuesday 22nd February, 2022.. I took another trade risking 0.794% to gain 2.43%. Well, I was a bit hesitant because I had no idea where my...
Sorry for the late post y’all. But yesterday looked really bullish to me after that huge bullish candle and we also have divergence on daily chart to support it. Minimum target is 14400 next week, but possibly as high as 15000-15100. SL is below todays lows. Good luck
#nq It's 12am, the holiday continues due to the president's day and I thought, "make a video before you crash". Yup, I marked some levels on my chart as you can see. These are levels I'm looking at. The Nasdaq100 is currently at the end of both the daily and hour 4 channels and I don't know what this means for the bulls. Two possible scenarios involves the market...
Hello everyone, I'd like to share with you todays NQ trading levels. 1: Market is still lower highs and lower lows. We want to go with the market sentiment so we are looking for sell opportunities today. 2: Our last high @ around 14155 is our key resistance zone. 3: If the market opens below resistance and stays in value area, we consider our first sell...
$NQ top is clearly in on the 1M chart. Bearish engulfing candle with key resistances needing to be retested. The global economic picture is becoming more gloomy as the US defaults on its debt for the first time ever this winter (2021). As an investor and avid study of the markets, I look for value buys with high probabilities of long term triple digit returns. I...
Short Term Elliott Wave in Nasdaq (NQ) suggests that the decline from February 2, 2022 peak is unfolding as a double three Elliott Wave structure. Down from February 2, wave A ended at 14362.75, and rally in wave B ended at 15068. Index then resumes wave C lower towards 14031. This completed wave (W) in higher degree. Corrective rally in wave (X) ended at 14672.44...
We have lost the new trendline and are heading to backtest previous support (POC). If we lose that, I think we will see the next POC levels. After that it's only about analyzing the market structure.
Over the past few days the Nasdaq 100 Index has been experiencing volatile sessions. Currently, it trades near 14 550 USD price tag. In our opinion, the overall picture for NQ1! is turning less dire with volatility taking a dive today. We are growing increasingly bullish on the Nasdaq 100 index. However, due to quickly changing conditions in the market we continue...
NASDAQ:NDX Is currently on crossroads as indicated. Price is testing the breakout wedge ranging 13920 : 13700. A close next week below 13700 is a continuation to target 12700. #Follow and like for more updates.. #AHMEDMESBAH
Hey y'all, so for my trade review today. I speak on trades taken, what I discovered from them, that is, the lessons learnt. What I need to work on moving forward and what I've let go of. Be sure to watch the whole clip to get better at trading. Leave a like, comment how your trade week was and follow me. I'll love that. Appreciate y'all. Lazyluchi.
Per my chart you will notice the green wave about to turn RED. Typical spikes in VIX always followed with crash. I called the bottom of the dip on market few days ago. And now we are seeing the counter trend does line up with VIX.
MFI and RSI hit oversold as predicted, but it happened well before the market opened. We're back to the morning pump and afternoon dump, lol. Indicators now neutral, no idea which way this is going. As weak as the market looked today, I wouldn't be surprised if it double dips into oversold territory. What's strange though is that the Euros keep pumping the...
ORB (TG Trading Group) was kind enough to provide the latest FED "Fluff" within Sunday's News Stream: FED Paper Hanger Daly - " Financial Markets have priced in both Rating Increases and Bond Taper. " WTF Mate? Rating? Is that the downgrade Moody's, S&P, and Fitch can't seem to issue? Bond Taper? You haven't reduced the Balance sheet ONE RED...
Wardrums are often beaten to stoke inflation. We already have high inflationary pressures? So why now? Hard to know, a distraction or something that could escalate into something meaningful. But with increased uncertainty , further weakness seems inevitable for the coming week or two
NQ Q50's were smoked, these provide a good leading indicator for how we can project an implied range for NQ Q100 GI - the Total correction for the Total decline will mirror NNR as it has in the past many times. The NASDAQ-100 Notional Net Total Return Index demonstrates the Breadth imbalances peaking at 18.8K while turning a low near 16.4K. This suggests as the...
A clear convergence into the 12.5K range would be ideal for 5/5 to complete into March. The larger and more dangerous structure would be to approach the 2/5 LT Highs - the Magenta Line. _____________________________________________________________________________ I do not believe this will occur, as the NQ has been highly Techincal in Nature, volatile, but...
I have rarely seen so many analysts on Tradingview turn bearish on NQ. Guess what... It is most likely a trap. The trendline is holding and so far the structure appears corrective - respecting the appropriate fibonacci retracements. This means there is a potential setup for a sharp move higher into 15,700 - 16,000 as long as the lows hold.