NQ Update AgainMFI moving fast, almost oversold already.
Not really sure which way the market gaps tomorrow, FDAX indicators are inconclusive. CPI Wed premarket.
I dumped everything this morning because I had stuff to do, I guess you might as well hold if you haven't sold. I don't recommend shorting until after CPI numbers come out.
NQ1
NASDAQ to see a temporary move lower?NASDAQ - 24h expiry - We look to Buy at 12892 (stop at 12822)
Posted Mixed Daily results for the last 6 days.
Bespoke support is located at 12892.
A move to 13153 will form an intraday bearish Gartley pattern.
Preferred trade is to buy on dips.
Dip buying offers good risk/reward.
Our profit targets will be 13153 and 13235
Resistance: 13100 / 13153 / 13236
Support: 12892 / 12848 / 12650
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The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
NQ1! Will Explode! BUY!
My dear subscribers ,
My technical analysis for NQ1! is below:
The market is trading on 13184.25 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Goal - 13596.50
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
NQ UpdateLooks to me like it's headed to overbought again, possibly as soon as Monday.
Appears to be strictly a tech pump today, MFI not rising for any of the other indices. Got in this morning but not adding any with the long weekend coming up. Actually bought QQQ for the first time in a long time because I couldn't figure out how they were gonna pump this.
Plan to dump when it gets overbought which means I might not play the CPI release Wed. I'll take the easy money and run (hopefully, lol).
Nasdaq to find support at previous highs?NASDAQ - 24h expiry - We look to Buy at 12829 (stop at 12694)
A Fibonacci confluence area is located at 13360.
Continued downward momentum from 13238 resulted in the pair posting net daily losses yesterday.
The move lower is mixed and volatile, common in corrective sequences.
Bespoke support is located at 12829.
Preferred trade is to buy on dips.
Our profit targets will be 13159 and 13249
Resistance: 13238 / 13360 / 13734
Support: 12829 / 12649 / 12483
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
NDX/NQ/MNQ Pre-Market and Week OutlookAs we sit right now it looks like the NDX might gap on the open.
I'll be live trading streaming this week so tune into that, also update idea as week unfolds.
If we start on the upside the zone what we're watching is the August 2022 4D key level at 13,639.
A reach for the market would be the 4D extreme zone between 13,900 and 14,100 or so.
On the downside we see the obvious day momentum checks and bias checks as well as key levels and gaps.
One key area is the significant high anchored vwap at 12,918, if that gets tested and holds anticipate the highs will be breached.
Below that around 12,500 to 12,000 is the four day reaction zone which aligns with key reaction zones on the daily.
Should be obvious how to trade this week with these key reaction zones identified. wait for confirmation and trade for the RD 4-chart patterns.
NASDAQ: Short term buy opportunity.Nasdaq turned the 4H timeframe neutral (RSI = 45.569, MACD = 13.770, ADX = 42.721) as it hit the bottom of the Channel Up pattern, just under the 4H MA50. Given that the 4H RSI also hits its HL trendline, that becomes a strong buy opportunity on the short term.
There is also a HH trendline involved that has formed a Rising Wedge, so we set our Target on it and not based on the Channel Up (TP = 13,430).
Prior idea:
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Nasdaq Breakdown analysis 06/04/2023Dear traders Nasdaq was bearish today after news even though he respect previous setup so.. Nasdaq if he breaks above 12971 it may continue to pushing up it has a clean range in the left side and if he breaks below 12901 you should look for sell always under this support..trade safe !
Good luck
US100 BUYHey, the NASDAQ market is in a positive state. With a very good candle in the daily frame. Also, this correction came to the impulse wave. At 0.50%, which is a very strong Fibonacci ratio. Backed at 1820. Good luck, speculator . Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
NASDAQ Is far from finished with this rallyNasdaq has gone a long way since we called for a rebound on the 1D MA200:
The current rally within this Channel Up pattern that started in December is on its second Bullish Wave, supported by the 4H MA50 (blue trend-line) and is targeting at least the 13730 Resistance of the August 16 High.
The best level to buy during this run is on the Higher Lows trend-line of the RSI. A similar Higher Lows trend-line during the January bullish leg (note that both sequences started on a Double Bottom), gave 5 clear buy entries.
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NQ1! Technical Analysis! SELL!
My dear followers ,
This is my opinion on the NQ1! next move:
The asset is approaching an important pivot point 13217.00
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 12910.00
Recommended Stop Loss - 13391.00
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
NQ UpdateMFI headed to oversold but not there yet. I also think Europe gaps the market down tomorrow considering the reversal pattern. Things point to buying the dip tomorrow, definitely too early right now. I guess I missed the one day to short, lol.
My favorite stock, PCAR looks like crap, I might just buy SPY this week instead, we'll see.
NQ UpdateNQ filled that gap from last summer but opened up a new gap yesterday. Algos trying hard to fill the open gap, but I think we get a dip as soon as it does. Probably a short window to short anything because market is obviously melting up.
Not gonna short anything until the gap fills, if the market drops without filling the gap then it's an easy long play either tomorrow afternoon or Wed. I'm sure the gap will fill by the end of the week.
In any case, I made the right call to sell earlier this morning, remember my nickname is "Easy Money", lol. Take the easy money and leave.