Nasdaq Analysis Hi Everyone,
Currently nasdaq is consolidating and i expect nasdaq to breakout this consolidation very soon. Im expecting a break to the downside and if we do get this continuation of channel then price will push down to 12430-12227. However if price breaks out of this channel up then i would wait for a break of 13360 to look for buy trades.
Ustech100
NASDAQ - We calculated the Top Exactly but this Dip? 🦉First of all, allow us to brag about calculating the 16,300 Top back in June 2021:
We will revert with a new chart, trying to estimate the bottom, but only after the rate hike decision.
For the time being, here is our Nasdaq chart with some interesting, historical analysis.
We have been experiencing a major correction in the past weeks and the question is how deep will it end up being.
Will the price reach the 10,000 (pre-Covid levels) or will we see a rebound soon?
With Rate Hikes coming up, Inflation and War in Ukraine causing worries and with the 'printing' at ease it will be hard to price in where the Nasdaq belongs at the moment.
Money was printed by the tons, the younger generation tends to invest before they even work (!!) and not just crypto and the mighty Nasdaq IS a symbol of how Technology will rule, or is ruling already, the World.
Low rates and printing, benefit the stock markets. If interest rates rise higher than anticipated the chances of a deeper correction will increase.
Remember our earlier projection is going as per plan: www.tradingview.com
Nevertheless, take a look at our little informative chart art and let us know if you like it.
What's next?
One love,
the FXPROFESSOR
HIGH ALERT: Bad weather and death crossesI won't say much here because I've narrated much of what I think is going on across several indices.
These are very troubled and dangerous times in the markets.
Some say it is not possible to time the markets. I disagree.
Whilst death crosses come and go, the important contextual issue is when they happen.
These death crosses have occurred after a most ridiculous expansion of markets, in the context of reckless Q/E.
PE ratios have been off the scale. We know the markets are overbought.
So death crosses in the particular context of the markets are significant now.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Nasdaq Analysis A beautiful break out of trend line, broke through 13250 and now on route to 13000 area as explained on previous analysis. This area is the monthly structure and we expect all the buyers to be sitting here. However as this structure has been hit few times now i wont be surprised if this structure lets through and we may go lower than 13000.
If you missed this trade then be patient and wait the price will pullback shortly and then take the final push for the day. look for 13300-13250 area for entries. We cant be in everyday, when we miss the train we wait for the next one patiently.
NASDAQ100 IDEAHi traders, happy Monday to all. Today I return with a outlook on NAS100 which is still trading within a corrective structure and finalising its liquidity accumulation stage before we can go short on this market. No trades taken as yet, just awaiting the right opportunity that meets my trading plan and system.
Nasdaq Sell to 12955We had a rejection at 14385 zone where sellers pushed the price back down. The consolidation will most likely be broken today pushing prices down to 12955 monthly support as explained on previous analysis. Key areas are so important when taking trades, getting them right is half the work done.
LONG US30 A trade can be made of US 100 at 12950 with the stop loss at 12780 and target at 14000
Reasons are as simple )
:- double bottom
:- W pattern formation
Nasdaq Monthly T/F Analysis Hello Everybody.
This month has so far been another crazy month on Nasdaq, those who know me, know i been calling this drop for weeks now from the top. Lets see how this month ends now.
Last 2 months we had come consolidation and this month the consolidation continues however this may change as we approach 13000 zone, if price breaks this support then we may see some further sell off. A break of 13000 will mean nothing stopping price pushing down to 10945 area. I will be keeping a close eye to this area to see how price reacts as its highly likely it will be coming to this area.
Iv drawn some key areas on the monthly. keep a eye out for the analysis on daily and hourly.
☑️NAS100: trade within the range➡️ At the moment, the index is moving in the range of 13902 - 14297 and is trading just at its upper border. In the near future, shorts are expected on this instrument to the area of the lower border of the range. The resistance area near the level of 14297 is quite strong and it is unlikely that the price will go up now.
There are no fundamental reasons for growth either. But it is also unlikely to break through the support of 13902 even lower.
🔥 S&P500 & US30 Forecast Results 🔥
☑️S&P500: buy priority 👉 +124 points ✅:
☑️US30: stick to the short 👉 +305 points ✅:
➖➖➖➖➖➖➖
👍 Thanks for your comments and likes 👍
👇🔥 LINKS TO PREVIOUS IDEAS AND FORECASTS 🔥👇
US100 / USTECH / NASDAQ / NAS100: Sell, Buy and Long Term SellThe structure was broken in the weekly chart, and if you are a long-term trader, you can still sell from the current price level, but I will be waiting till it comes to the premium price level, where I can sell from the highest price and where I can risk accordingly.
In the daily chart, the structure was broken to an uptrend where I anticipate price to reach price level between 15500 to 16500 (I have marked as sell limits) and it is ideal to sell from these price levels.
Short time frames 4H to below show that structure was broke to downtrend where the price can reach 13800 to 13000 levels (i have marked as buy limits)
*** Trade at your own risk, This is what I see, and I'm on it***
If there are any different views, please comment and share what you see.
Thanks. Happy Trading
USTECH100 : SELL ON RISEUSTECH100 indices started its down this week..
Its under EMA 10. If one is considering to take a trade tomorrow should short USTECH100 near 14700. And wait for the 14250 mark
You should consult your advisor before entering into the trade. This is my personal view NOT AN INDICATION FOR ENTERING INTO THE TRADE.
LETS SEE TOMORROW IF ANALYSIS SUITS USTECH100 OR SHOULD I LEARN MORE ABOUT IT.
US Tech 100 Shifts From A Bulls MarketFollowing the recent formation of a LH and then a break of the most recent HL on the daily TF , there seems to be a shift into from buying market to selling market. I identified a zone which had previously been respected and I want to see price pull back for a retest before show signs of rejection and then continue the downward.
As to how I plan to enter a trade I'm using a sell limit order with the levels from my 1h TF . My entry is at 14748.6 , stop loss is at 14848.6 about 1000 ticks, I couldn't find any levels looking at the left for my take profit so its all to the bottom of the recent push as shown in the chart( 12925.9 ). Hopefully I get that pull back which will trigger my entry.
USTECH | UPSIDE PREVAILUSTECH | UPSIDE PREVAIL
USTECH or US100 after giving a breakout from falling trendline as rise 15280 level.
We witnessed correction from there and price recently took support from the confluence point of rising support and fib 23.6%.
The price action also favors the bulls and we have the upside target of 17000 from here.
Trade your levels accordingly.