≈ 5% SWINGTRADE NDQ10012150 to 11550
5% Swing Trade
600 Points Trade Opportunity.
The bottom of this tremendous bear market could be in already. Nobody knows.
if this was a short squeeze, the market will decline, right?
If this was THE bottom or a temporary bottom, the likelihood that even if this was the start of a bull market, after a few days of straight upward movement, a correction would also be normal.
Having this mind, the wedge pattern, which could fulfill itself will underline this theory.
So, of course, anything can happen, but I think the odds are not too bad for this one.
This is no financial advice, only sharing thoughts to our community!
Let me know what ya´ll think
Best,
gqt
Usmarket
NasDaq Update!!!The current recession will have most technicals flipping especially on CFD's so the bias that I have on NasDaq is open and explained clearly here.
$SPY_Technical AnalysisNice rally performed ytd by $SPY but I doubt this will stay up in the up direction trend.
There isn't much strength to the rally with RSI decreasing and MACD crossing down on the 30mins chart.
The bears should win this one, at least for a while.
Disclaimer: I am not a professional financial advisor, I do this for fun. Sometimes I am right, sometimes I am wrong. I am learning as I go.
SPY bullish (pitchfork analysis)SPY reached the middle (red) of the pitchfork line which is a likely point of bounce (and it already bounced off a bit from the line). On the higher end SPY reached the same width of the pitchfork channel (a little over). The red circles show the top and the bottom.
Incoming months for S&P500A mid-year check of the S&P500 futures ES1! show an uncanny resemblance to the beginning of 2008. This has been reiterated by many already over the recent months, and it appears to continue as outlined by others too.
In the monthly log chart, there is an eerie resemblance that might bring the S&P500 to 2600-2800 levels, if by a similar magnitude to 2008-2009.
Market conditions are different, but even on a longer term monthly chart, you see the uncanny comparison.
Do not know what to make out of this, but on a probability basis, only two major outcomes...
First, is that it would follow similarly, hence 2600-2800 becomes a reality.
Second, it would break the pattern, and this would take something rather extraordinary to trigger it.
Either way, in the coming months, we can be expecting a single or a series of extraordinary events that would put the above two outcome scenarios in play... watch for it!
Nasdaq update - 05/06/2022expecting a sharply reversal in wave (iii) of ((iii)), critical level at 15266
RUT update - 19/05/2022the push higher than 1901.35 will confirm that wave A of (4) ended and wave B is in play, critical level at 2458.855
AAPL update - 18/05/2022downside focus remains, expecting more downside near 118 to complete wave (4), critical level at 179.61
NASDAQ 100 TREND AND WAVE ANALYSISBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer
This is just idea, not trading advice, use at own risk.
reasons:
It is recommended to buy in this price limit
It is mandatory to pay attention to the stop loss and the target marked on the chart
Do not be greedy and adhere to the specified principles. I hope you will be profitable
Note that there is no 100% analysis and it is possible to stop flirting
This is a personal analysis and you should not enter into a transaction without review
If you know this, make a purchase
Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction.
High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking.
This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
DJI update -17/05/2022downside focus remains, expecting more downside near 28508 to complete wave ((iii)) (wave ((iii)) = 1.618 * wave ((i))), on the other side the push higher than 33108.89 will let us expect a move to all-time high in a 3-waves to complete wave B of a flat wave (4).
SPX WAVE AND TREND ANALYSISBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer
This is just idea, not trading advice, use at own risk.
reasons:
It is recommended to buy in this price limit
It is mandatory to pay attention to the stop loss and the target marked on the chart
Do not be greedy and adhere to the specified principles. I hope you will be profitable
Note that there is no 100% analysis and it is possible to stop flirting
This is a personal analysis and you should not enter into a transaction without review
If you know this, make a purchase
Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction.
High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking.
This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
NASDAQ INDEX TREND AND WAVE ANALYSISBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer
This is just idea, not trading advice, use at own risk.
reasons:
It is recommended to buy in this price limit
It is mandatory to pay attention to the stop loss and the target marked on the chart
Do not be greedy and adhere to the specified principles. I hope you will be profitable
Note that there is no 100% analysis and it is possible to stop flirting
This is a personal analysis and you should not enter into a transaction without review
If you know this, make a purchase
Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction.
High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking.
This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
PEPSICO TREND AND WAVE ANALYSISBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer
This is just idea, not trading advice, use at own risk.
reasons:
It is recommended to buy in this price limit
It is mandatory to pay attention to the stop loss and the target marked on the chart
Do not be greedy and adhere to the specified principles. I hope you will be profitable
Note that there is no 100% analysis and it is possible to stop flirting
This is a personal analysis and you should not enter into a transaction without review
If you know this, make a purchase
Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction.
High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking.
This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
NIKE WAVE AND TREND ANALYSISBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer
This is just idea, not trading advice, use at own risk.
reasons:
It is recommended to buy in this price limit
It is mandatory to pay attention to the stop loss and the target marked on the chart
Do not be greedy and adhere to the specified principles. I hope you will be profitable
Note that there is no 100% analysis and it is possible to stop flirting
This is a personal analysis and you should not enter into a transaction without review
If you know this, make a purchase
Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction.
High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking.
This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
TMUS TREND AND WAVE ANALYSISBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer
This is just idea, not trading advice, use at own risk.
reasons:
It is recommended to buy in this price limit
It is mandatory to pay attention to the stop loss and the target marked on the chart
Do not be greedy and adhere to the specified principles. I hope you will be profitable
Note that there is no 100% analysis and it is possible to stop flirting
This is a personal analysis and you should not enter into a transaction without review
If you know this, make a purchase
Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction.
High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking.
This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
Nasdaq update - 12/05/2022expecting more downside to complete wave ((iii)) of A of (4), critical level 15229.01, the reasonable target for wave ((iii)) is 10141.27 (wave ((iii)) = 1.618 * wave ((i))).
RUT update - 28/04/2022upside focus remains, expecting a strong move higher in wave (3), critical support at 0.776
Nasdaq update - 27/04/2022expecting the larger correction in wave (4) to be started, looking for wave ((iii)) in the downside to target 10140 ( wave ((iii)) = 1.618 * wave ((i))).
TSLA update - 25/04/2022Upside focus remains, expecting a strong move higher in wave 5 which target higher than 1592
DJI update -24/04/2022expecting a decline to the 0.382 - 0.50 Fibonacci retracement of wave ((iii)) then a reversal to a new high in wave ((v)).
SPX update -18/04/2022upside focus remains in SPX, looking for the corrective price channel to retest then continue the uptrend in wave ((v)).
AAPL update - 03/04/2022upside focus remains in apple, looking for apple to top at 197.55 (the inverse 1.382).
SPY bullishSPY reached the lower pitchfork line (set to Fibonacci level 1.5) a few bars ago and it's likely to bunce back up.
