Ustec
NAS100US NASDAQ next few weeks Trading IdeaHi All,
I'm looking for a short term Long to resistance at $12870
I think we will get a bit of sideways action on Monday as Liquidity
enters the market and most likely by Tuesday morning Japan Open 10am AEST
we should have an indication of market direction.
Over the coming months I think we will see price returning to the $11000 region.
I'll keep this Idea updated below as the week unfolds.
Short term momentum is bearish on US Nas 100NAS100USD/b] - Intraday - We look to Sell at 13124 (stop at 13319)
Short term momentum is bearish. There is scope for mild buying at the open but gains should be limited. Horizontal resistance is seen at 13150. Resistance could prove difficult to breakdown. We look to sell rallies.
Our profit targets will be 12705 and 12600
Resistance: 13150 / 13600 / 15200
Support: 12700 / 12000 / 11200
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Joe Gun2Head Trade - NASDAQ rally run its course?Trade Idea: Selling NASDAQ
Reasoning: Has the rally run its course?
Entry Level: 13420
Take Profit Level: 13088
Stop Loss: 13512
Risk/Reward: 3.58:1
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A possible Pennant pattern as you can see on the tri-angle line there 4 touches on the top and bottom
Market might move to $12 400 today
Nasdaq 100 What Now Episode 2Hey Traders, today was messy but I pulled through anyway, Look at the new idea I've got. Currently, the VXN is headed for support making the Nasdaq100 bullish. However, don't really know what supports holds. I'll be taking longs till then.
If the 15200 level is retained that would mean something else. Watch to see my bias.
First plan:
VXN chart:
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Cheers,
Lazyluchi..
NASDAQ Price actionIs not supply and demand... chart pattern or harmonic pattern and no indicators :)
i dont use zone, but i use specific level.
i use fibs only to find equilibrium and OTE.
Currently price hovering arround mid level of parent swing, normally price will play in the middle of the range at FOMC week.
Find your liquidity, or you are the liquidity.
if you enjoy my analysis, please like comment and subscribe.
Regards,
by "huntedortobehunted"
US100 (NASDAQ100) NEARS DAILY SUPPORT US100 has hit my expected first target level at 1.618 (14784), down almost 10,000 points from last forecast and has now approached the support zone. We could expect some price consolidation in this zone.
I am now closely watching the price action to lookout for potential reversals or continued break to the downside.
Please check initial forecast below.
Goodluck trading.
US100 LongHello again, US100 has been a top performing stock, don't think tech stocks will take another hit from any omnicron news and it's being brought into range. We need to be cautious because of the weekly close last week so only trade on clear rejection above the level as seen. looking to reject daily 100EMA and RSI hit below 30. Expect to find new highs after rejection but several TP's on the way for caution.
R:R = 2:6:1
GL