NQ is showing an RSI divergence within a wedge formation, offering short opportunities. - aggressive entry on a break/close below 14,165 - conservative on a break/close below 13,960 - target1 = 13,780, target2 = 13,500-13,600 area - stop on a close above 14,300
Idea for US30Y: - Bond yields dropping rapidly. - Bonds are being bought up for 1 of 2 reasons: (1) Investors are afraid and would rather hold negative yielding bonds than other risk assets. (2) We are experiencing deflation, despite the media blaring inflation. Reminder: GLHF - DPT
As we may find on the slides is the fact that MACD for ES futures actually crossing down on the weekly chart As well it nicely corresponding with the actual Elliot progression stages on MACD itself This analysis doesn't say you to short everything, but you can be cautious about starting to have a drop from 5 top to somewhere in 3996 area as a possibility. Get...
Yes, I think it is a possible. You can see the upward trendline that is since February 2021. I don't think we are to break this in the near future. But I see a cute little long outlined in the orange ellipsis if it finds some support. Other wise I think we drop and follow path by white circle with possible final target of 13500. Though I will for sure take some...
Nasdaq 100 Hourly time frame is in an up trend making higher highs and higher lows. As long as the market stays in the buy zone. Looking for a counter trend line break bullish towards the next Fibonacci extension should be a good idea.
TF: 4 hr Might see some retracement to ~$13,400 due to potential bullish divergence on the fast stochastic
Looks like blue skies above. Sellers gave it a hard time on the way up. I wouldn't expect a massive at the top. New highs aren't a new thing.
In case you're wondering why it's not moving much this morning
Please see my prior idea for NQ. I have hit my 1st target price and so I have exit now. Too unpredictable now so I am out until I see good direction. I will look for other opportunities now either in index, oil or gold.
You can see that nq still isn’t broken out of downtrend. This s seen best on the daily chart. It hasn’t made a higher high so far. It will if it makes it passed 13819 but it has tried for a while now to break resistance at 13735 to 13770 but it failed on multiple occasions. Also you can see nice negative divergence on RSI at bottom of my chart. So I am in a...
personaly i think nasdaq again is sell ,but if it can break high with big green candel , can go higher www.marketwatch.com this news show fed start sell big companies bond like apple,amazon,boing,this will push stocks,index down in next days i cant judge now truley , but i see mini crash on it will comes (13150),looking sell with SL on last high is good...
very strong move this morning. Selling would feel like standing in front of a train to me. That's why I'm posting it here and not trading it.
The NQ one hour time frame is in an up channel. The market hit the top of the channel is is starting to push bearish towards the bottom of the channel. Entry: Counter trend line break bullish near a known level of U-turn either at the bottom of the channel or above the channel. LIMIT: If entry is near the bottom of the channel. The limit will be just under the...
Consolidations are just that.....the index or whatever security or future you may be actively trading catching its breath before either completing a pattern...or changing to a new trend/pattern. Consolidations are meant to cause doubt, and shake out weak hands or make those without patience make rash judgments and mistakes. They are usually just noise and static....
I am a little late in posting this. I have been not posting as much the last week as work has been real busy. My idea was to retire in a year now from nursing. When my trading money equaled my yearly nursing salary I was going to retire. This would be next year. But now I have been asked to be promoted to head nurse of my whole hospital, which comes with big pay...
The Tech Index has recovered and is on its way to establish another long bullish run. First, we see a correction coming up, but then the course should turn up north. In total, we expect the Nasdaq to reach regions of around 14351 points. Stay trading!