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Ustech100

USTECH100 BEARISH OUTLOOKAfter some anxiety among investors regarding increased CPI for May, NASDAQ experienced some drop down in price, mostly led by mega-cap growth stocks like Apple Inc and Amazon.com Inc. On the technical perspective, USTECH100 is breaking the support of descending triangle, which is a signal for bearish movement, confirmed as well from both MACD and RSI indicators. If the bearish movement continues, USTECH100 might try to reach price of 11 912 USD. On the other hand, if it reverses, it might get back to 12 586 USD. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
CITYINDEX:USTECH100CFDShort
by legacyFXofficial
Nasdaq Analysis Hello Everybody. Yesterday was a crazy start when New York session opened, A lot of wicks flying around, trapping traders before it eventually going down. We had reached 12500 area again and now price has pushed up a little but I feel price will drop from where we are now 12554 and if not it may go up a little further to 12584 before dropping back to 12500. However if prices pushes up from 12584 then I will be looking at it a big different. but this is my thought for now.
OANDA:NAS100USD
by Tradeofgrey
Nasdaq Analysis Hello Everybody, Hope you all had a great weekend. As you all already know nasdaq has been consolidating in a range from 12850-12500. So what am I looking for this week? The market is still in bullish channel. It looks like its touched the bottom of this channel and price moved back up and is moving towards 12850 zone again. For price to carry on bullish we will need a break of 12850 and for price to push further down we will need a break of 12500. I have marked out area where the bull and bears can take control. Right now its a fight between the both and we can continue making money in the range.
OANDA:NAS100USD
by Tradeofgrey
NAS100| Reason I am still bullish on itHello everyone, Previously I discussed about NAS100 and mentioned of my bullish bias on it. Previously Nas100 printed a tiny wedge which developed into a bigger pattern later as we currently see. This pattern confirms the bullish bias and I will be waiting for more bullish confirmation for entries. It is more likely that NAS100 will reach 13500 in the few coming days. I will appreciate your continuous support, your likes do really matters to me. If you have any question feel free to ask in the comment section below. Big Love❤️ that NAS100 will reach 13500 in the few coming days.
FX:NAS100Long
by Forexintelligence_NA
1
Nasdaq Analysis Interesting outlook Hello Everybody. Hope you all had a great day trading yesterday. A lot of you sent your results from yesterday and they were amazing. Using simple price action to take trades. Its easy as that. Today will be interesting, Nasdaq has been in a consolidation phase all week after last weeks bullish run. Today we reach the lower channel line and price will either break here or push back up. Here are two scenarios that may happen: For the Bulls: Price may break out down the channel, test the zone 12475 causing a fake breakout and then pushing back up to 12800 area. And if 12800 area get broken we can expect a good bullish run again taking prices to 13373 area. For the Bears: if price break down the trend line and then breaks the area of support at 12475 then I can see price coming down to 12226 area and if broken there then back to the previous lows of 11691 zone. Whichever side you are in, be prepared, have a plan, decide what type of trade you will take and execute to the plan then sit and watch it play the game!! You are in risk of losing all your money if you keep winning and then losing everything next day. Your losses should never be more than your wins.
OANDA:NAS100USD
by Tradeofgrey
1
Nasdaq Analysis Hello Everyone, The price is moving exactly how I analysed couple days ago. As I said the strong resistance area around 12850 will move likely not get broken due to the way price reacted around that area in the past. So where is price going. For at least today I will be looking for price to drop to at least 12413 and then price may push back up from there. However if price break 12710 then I will expect price to go back to 12850 area before pushing back down.
OANDA:NAS100USDShort
by Tradeofgrey
Nasdaq Analysis Hello Everyone. We had a great run on nasdaq so far and now I can see nasdaq has reached a very strong key weekly area of 12930, the price has also simultaneously hit a strong trend line, This trend line has a history which I have highlighted, many times over the months this trendline has been tested. many occasions it failed to break, in the recent weeks we can see it had failed break, then a fake break so now we are back here lets see what it does this time. If price does break this area of resistance and trendline I don't see why price can't push to the next week resistance of 13856. If price does fail to break this area we may see price come back to the area of support at 11834. Will keep you all updated on the lower timeframes
OANDA:NAS100USD
by Tradeofgrey
NAS100 breaks keys and opportunitiesThe 6th session NASDAQ100 had a strong bullish wave breaking through the important lvl 125xx key. We will look at some factors to be able to make a profit from it: - Fundamental Analysis: The biggest buzz of the moment came after Friday's PCE data was released. The market is optimistic with the view that "inflation is showing signs of peaking" and if inflation continues to fall below current levels in the coming months, the Fed will feel more comfortable to slow down the pace of rate hikes. From there the view that the Fed won't raise rates above neutral begins to gain more support, which would be a downside effect on both long-term US Treasury yields and the dollar, and bullish effect on gold. - Technical analysis: looking at the H1 frame chart, we can clearly see that the falling structure has just been broken and the uptrend lasted until the last minutes of the session. In my personal experience with such an excited market sentiment, the bullish wave can last until the price reaches the 131xx area. However, what we need to pay attention to, the price has just broken the key and has not formed a higher low - enough conditions to confirm the trend reversal. We can completely wait for the opportunity if the price finds the 12~122xx area to be able to set up a good entry for the upcoming long wave. Wish you a good trading week. If my idea is useful, give me a like and follow so I can update my entry details in the plan. Any questions or request analysis of other trading pairs, please leave a comment
FX:NAS100
by TonyL0ng