Nq100
Nasdaq 100 3day 50ema/200ema Bear CrossoverWhat's up everybody? We are breaking down the Nasdaq100, 3day 50EMA/200EMA bear crossover that we just witnessed and we are going to break down when it took place throughout the history of the NQ100.
You can see the crossover here. Very important levels, very choppy day.
The last time we got this crossover on the 3day of the 50EMA/200 EMA was September 2008 . We got a 29% drop. Again, this is a conservative drop. This is well after the cross. We see -29%.
Prior to September 2008 we see the 3day 50EMA/200EMA bear crossover in February 2001(the tech bubble) and we see a huge -55% decline.
The 3rd time is the one out of the three times that we did not see a collapse. This was the bottom signal back in November 1990. That's why it's very important to watch these levels here.
So what we're looking at, we're trying to see if we can push up and hold the 20EMA on the Daily here. And again, if we zoom in, you can see this is the area where we got the bear crossover on the 3Day. Bulls want to see it push up and hold the Daily 20EMA at 11,252 and test the Daily 50EMA around 11,732.
Again, NQ100 testing the Daily 20EMA and is getting overbought on the stoch rsi. The last time we saw that, we saw the push down. Very interesting levels here.
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
NQ had only 50% retracement off todays lows!NQ is so much weaker then the ES, it got up to 50% retracement when ES had a perfect 61.8%
Also on this move down it made a lower low, def leading to my eyes.
ES has bullish setup, NQ has more room to go before its going to test the uptrend channel.
Todays close will be interesting. If weak, then tomorrow we can gap down
NAS100 USD NQ1! NASDAQ 2022 Oct 17 WeekNAS100 USD NQ1! NASDAQ 2022 Oct 17 Week
Very good channel support long and short from 11035.
Price still adheres to the downward channel.
Short preference remains.
Possible scenarios:
1) Long on temporary retracement / channel support
2) Short on channel resistance
3) Short on test of break on breakdown of channel support /
10305
Weekly = Ave vol down bar close off low = some demand present
Daily = High vol up bar followed by down bar = effort no result
H4 = Ave vold down bar close at low = minor supply
Price reaction levels:
Short on Test and Reject | Long on Test and Accept
13587 13200 12735
12140 11647 11117
10600 10359 10000
9748
Remember to Like and Follow if you find this useful.
Have a profitable trading week ahead.
(Updates will be on a fortnightly basis)
S&P500 2week 20ema/50ema Bear Crossover - Historic2degreez here. I am now eyeing the S&P500 2week 20ema/50ema Bear Crossover
It has historic significance as does the prior Weekly 20ema/100ema Bear Crossover that I have published previously.
This video shows a quick look back at the prior historic 2week 20ema/50ema bear crossovers and the subsequent moves down.
I also take a quick look at the NQ100 and how it is leading the way on these bear crossovers.
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
Nasdaq 100 Analyze(10/05/2022)!!!Nasdaq moved as I expected ✅👇
Nasdaq was able to make an Expanding Triangle.
I expect the Nasdaq to go down at least to the🎯target🎯 I specified on the chart.
Nasdaq 100 Analyze, (NQ1!USD), Timeframe 2H⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
SPY REVERSAL ANALYSIS go LONGAMEX:SPY
On this SPY 30-minute Chart I point out candlestick patterns, trendline breakout and volume spike leading me to conclude
that SPY is due to reverse to the upside. This appears to be a quality long trade setup. See the link for my other similar idea
at the far bottom. Trade well and often !
Nasdaq 100 Analyze!!!Nasdaq has moved down from the resistance zone by the Head and Shoulders pattern.
In the past week, Nasdaq was able to break the support line and is currently trying to complete its pullback.
I expect the Nasdaq to go down to the🎯targets🎯 I specified on the chart.
Nasdaq 100 Analyze, (NQ1!USD), Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.