24/11/2020 #NDX Continue to be weakRotation continues with #NDX below 12060-80 my key level, while #RUT continue to shine. Not sure when is the next rotation back but probably shorting #NDX is the safer short to do now.
My blue bias zone at 11910-22 strong level.
Bullish above, with resistance at 11940, 12018, 12068, 12110. If price hits 12210-20, it should offer low risk sell evel. 12068 will be my level to watch for a gd short.
Below 11910, support are at 11890, 11854, 11816-24, 1178, 11726, 11686 and 11660. 11634 will offer low risk buy level.
IMO, I am quite neutral based on price action. This week is a short week, well supposed to be bullish but well anything can happen.
Nq_f
20/11/2020 #NDX Bulls with Slight UpperhandRotation seems to be the workings these days. We have divergence between #NDX and #SPX, one day #NDX is strong, one day #SPX is strong. Why does it not rally together? Lack of money in the market?
With yesterday's closing, bulls seem to be more in charge. 11920-32 is my blue bias zone for today and price just bounced off it and is above. I still have the longer term downside bias below 12080 but as my heading says, bulls has an upper hand.
If 12050/80 trade, bears will really need a strong rejection and it might signal an end of the bulls. If not 12126 is above. 12248 will likely cap high of day, signifying low risk sell level.
Below the blue zone, I will expect stronger selling to happen. Below targets are 11902, 11860, 11828, 11796, 11734. 11702 should cap low of day. 11656 is provded just for reference.
18/11/2020 #NDX #NQ_F Same Bearish Plan but Bears need to takeitYesterday's 12060-82 sell from open provide the best trade. And multiple shorts off 12060 gave good profits. Now we are lower, but #SPX #ES_F is not. Same plan for today, be bearish below my blue zone. But sell needs to come soon if not the bears have to go into hibernataion.
Down side targets are 12012 (now resistance), 11948, 11922-32, 11877.6-84, 11804-16, 11704. If 11632 trade today, it should offer a bounce. Upside targets above 12082 are 12140 and 12190 should cap high of day
17/11/2020 #NDX Be bearish till it doesn't workIn my other plan for #SPX and in my tweet, I said that as long as #NDX 12080 holds, downside risk for #SPX #RUT #DJIA still exist.
Yesterday I made many shorts off 12060-80. Will be same plan for today.
To be clear, it is 3 indices bullish (#SPX #RUT #DJIA) vs 1 index (#NDX) which is not. I would say that each of my green levels are more of supports with possible bounces so definitely need to be nimble.
Below 12082, bearish bias, targeting 11994, 11964, 11914-22, 11870, 11782. If 11702 trades, it should offer a low risk buy level.
Above 12082, be long, targets are 12126, 12205.2. 12336 should cap high of day. But I provided 12408 as a higher level for reference.
16/11/2020 #NDX At inflection pointGap up (very small) and rallied to 12060 level which I talked about in my tweet yesterday together with #SPX at 3614. Price is consolidating, definitely favoring a continuation but it is my important level to watch for today thus I have been taking shorts instead.
As you can see 12060 is capping the move now. Maybe we will only see a move when Europe opens (that will be long isn't it). Looking for a move down to 12006, 11960. If 11908, be cautiously bearish for a move down to 11850-56, 11758. 11706 should cap low of day.
16/11/2020 #NDX At inflection point Gap up (very small) and rallied to 12060 level which I talked about in my tweet yesterday together with #SPX at 3614. Price is consolidating, definitely favoring a continuation but it is my important level to watch for today thus I have been taking shorts instead.
As you can see 12060 is capping the move now. Maybe we will only see a move when Europe opens (that will be long isn't it). Looking for a move down to 12006, 11960. If 11908, be cautiously bearish for a move down to 11850-56, 11758. 11706 should cap low of day.
12/11/2020 #NDX Sell is over... You sure?We had a strong up day yesterday, after #NDX found support. I was wrong with my direction but my plan painted the correct picture. Price found support above 11714-30 (my blue zone) and rallied from there, and 11920 capped high of day as my plan shows.
11922 will remain a strong R for today. Usually on an up day, my bias zone will be lower for a buy, but today it remains at this 11900-22. Above 11922, we look at 12022 and 12068 for resistance. 12146 should cap high of day. Below 11922, be cautiously bearish, targeting 11834, 11804 and 11726-30 (yesterday's strong support zone) and 11682 is below. 11550 should cap low of day.
11/11/2020 #NDX looking for further downside#NDX continues to be weak. Consolidation yesterday.
Downside risk still exist. Price is now at my orange zone where we can sell from here, but I also factor in a possible deeper pullback to 11672-84 or even 11714-28. These levels aren't far away.
You can actually scale in along the way up, if that's your trading style, or watch for reactions off the zones.
Downside levels are 11500, 11440-11460 (strong support zone), 11290, 11330 and 11158. If big selloff, 11074 should offer low risk buy level.
Above my blue zone, look for 11856 and 11920 for reaction. Not expecting price above that. If 12080 trades today, selling shall be good
10/11/2020 #NDX lost all its shine. And things look gloomy aheadInteresting how #DJIA, #RTY, #SPX made ATH yesterday, only for #NDX to crash instead.
Price action and other signs points to more down ahead. But 11680 or so need to breech. Take it one step at a time.
Inability of #NDX to cross 11920 points to more down ahead, targeting 11714-30, 11632-46, 11532, 11438. 11330 will cap low of day. Just providing even lower levels at 11220 and 11088 if there is any unforeseen movement.
We might have, but I think unlikely, a deeper pullback to 12030-56 zone. But it will be zone to look for shorts. 12240 should cap high of day. If yesterday's high trade again, sell!
09/11/2020 #NDX #NQ_F Up and up. Till it stopsMarket opened gap up on Biden's win, though the win is probably expected since last week.
Price is going higher on momentum.
Overextended but it is difficult to call tops and you need skill to short such a market.
Price is above 1st resistance at 12270. We should get a pullback before going higher, targets above are 12428, 12502. In the event of FOMO buying, 12742 should cap high of day.
If 12158 breaks, look for shorts, targetting 12034, 11922-48 and 11858.11800 will safely cap lows of day
05/11/2020 #NDX Trend is up. Will we get a pullback?According to my system, price is bullish on monthly, weekly and daily.
Bullish above 11600-40. If 11920 breaks, can try short to 11640, else better play safe.
Below 11600, downward support are at 11528-54, 11430-54 and 11256-84. Should market somehow sell off (idk why), 11040 should offer low risk buy level
02/11/2020 #NDX #NQ_F Bullish for TodaySimilarly to SPX, cautiously bullish above 11015.
Immediate resistance is at 11117 (where price is at now). Acceptance above this, we should see 11254-80, where I expect a pullback if we get there. This zone should cap high of day, thus providing low risk sell zone.
If 10987 breaks, look for 10925-42 for support. Below support are 10781-803. In the event of strong sell, 10607-20 will provide low risk buy level
22/10/2020 NASDAQ trying to find a bottomNASDAQ still in consolidation. Stimulus news still in play and that will move the market. Personally I think the lows are not in yet.
Price at the lower end of range, but need a clear break.
I am short bias below 11698, targeting 11590, 11504, 11410. In the event 11370 trade, I see it as low risk buy level.
Above 11710, look for longs, targeting 11796, 11892. 11924 presents low risk sell level
APPLE path and directionHello everyone
Apple started a uptrend in 2018
Apple broke this uptrend in 2020 May
Price so far respecting the new uptrend trend line targeting supply zone above
Daily candle close below this uptrend trend line we might go retest the previous old uptrend then chop
or return back to the normal uptrend since 2018
watch chart for key notes and price action
for any question feel free to ask :)