Today on the 4h, we have a bearish signal on the NQ !Today on the 4h, we have a bearish signal on the NQ, as you can see on the chart :
1. We have in red our support which holds well
2. We have the orange line which serves as resistance
If the NQ breaks the yellow rectangle our TP will be support.
Summary for today I will be short the NQ if the confirmations come in
Nq100signals
Nasdaq100 Bears Might Have Gotten PissedIt's Friday guys, On Friday's, I do the watch-hour close clips. All we do is watch to know exactly what the market is thinking and reflect.
So, my best bet is---the bears might just be trying to continue what they started.
What's yours?
Remember, Trading is fun but, risky!
P.s---Watch the full clip to get the tea!
NQ1! NAS100USD 2021 NOV 15 WEEK
NQ1! NAS100USD 2021 NOV 15 WEEK
Nice pull back on the NAS for short.
Market tested lower level and rebound.
Let's wait for a pullback again for a long opportunity.
Weekly: High volume down bar closing above mid point of bar = strength
Daily: Average volume wide spread up bar closing near high = strength
H4: High volume wide spread up bar closing near high = strength
16236 need to hold for uptrend to be intact.
17070 16695
16449 16392
16236 16006
15896 15717
15503 15274
Remember to like and follow if you find this useful.
Have a profitable trading week ahead.
NQ1!
NAS100USD NQ1! Nasdaq 2021 Aug 16 WeekNQ1!
NQ1! Nasdaq 2021 Aug 09 Week
Last week's short from Red zone was good.
Test for supply at 14946 was successful.
Concern: Market approached resistance & demand line on narrow spread,
background was effort no result.
Monthly: Narrowing spread, SOT, Tiny Very Low Volume Bar = Weakness
Weekly: Narrowing Spread, Effort no Result = Weakness
Daily: Narrowing Spread
H4: Narrowing Spread, Effort No Result
Strategy for Short (Test and reject):
1) Upthrust followed by weakness back into 15134 - 15172
2) Resisted by Daily Channel Demand Line
Strategy for Long (Test and support):
1) Green zone
2) 14946
3) Daily Channel Demand Line becomes support
4) Bullish Absorption, Red zone becomes support
Remember to like and follow if you find this useful :)
Have a profitable trading week ahead.