NICE AND SIMPLEBUY ZONE 11400-11450
BREAK AT 11400 SELL TO 11250
INVERSE HEAD AND SHOULDER PATTERN ON DAILY, LEANING MORE TOWARDS BUYS.
Ustech100
NASDAQ SETUP - DON'T SLEEP ON THIS $07/20/2020 NEWS FOR NASDAQ
- Trump halts stimulus, stocks fall drastically which represents that the market is heavily dependent on a stimulus.
- Trump immediately counter acts his tweet to a much lower stimulus. Why? Well because he is heavily dependent on the success of the markets - I assume he tried to repair the damage of the stocks after the the sell off from the negative news, this shows that Trump will do almost anything to see the markets succeed which Investors already know.
- Apple new Iphone launch date 13 October, Apple does extremely well selling iPhones so we can expect a rally in tech stocks during the event and the day before. Keep in mind that the economy does need a stimulus so a lot of household can’t afford the Iphone 12 due to lack of funds, all though this factor won’t rival the rally.
- Biden is full in for stimulus backing, him leading the polls and mainly winning would lead to a rally in stocks.
- Major Tech companies under investigation.
NAS100USD - Approaching resistance areaIf the price reaches the resistance area, we can see a breakout, retest and uptrend, or fakeout and consolidade again to the support level.
NASDAQ RECOVERING TOGETHER WITH TRUMPTrump seems to be coping well with covid. Nasdaq most likely to get a push this week
nasdaq NQ path and directionHello everyone
Nasdaq has started a uptrend in march 2020
However price has broken this uptrend in SEP 2020
Price is chopping so far and trying to find a bottom
watch the chart key notes for more detail :)
for any question feel free to ask :)
Nasdaq path and directionHello everyone
nasdaq on 4 hour time frame broke the downtrend channel
and now started a uptrend channel
watch price action in this channel
for more confirmation on lower time frame
watch key notes in chart :)
any question feel free to ask good luck
Nasdaq - Trade opportunity! Short term trade idea:
Pattern wise within Nasdaq - Double bottom, measuring it comes to 38.2 Retracement of Fibs which is matches nicely key retracement area.
Above 11270 Area bullish with the resistance areas of: 11480 - 11560 - Target area for double bottom = 11815 - 12000 area.
Below 11085 Area Bears could come in control with key support areas of: 10930 - 10711
Medium term: I am bearish US Indices, Precious Metals, EUR, AUD, NZD - This would be a counter trend move, please use appropriate risk management.
Target for EUR - Low ends of 1.16 to 1.15 area to position for longer term EUR target of 1.22/1.25
All the best,
Trade Journal
Remember: Just a trade idea, not a recommendation.
NASDAQ SETUPBIG MOVE at key level 11550-11605, either up or down.
Would like to grab a buy at a retest @11250/11300 to key area.
NASDAQ SETUPSEEING A CLEAR "M" PATTERN BUT ALSO BEWARE OF A POSSIBLE ARC, WHCIH COULD LEAD TO MORE UPSIDE.
Nasdaq path and directionHello everyone
On 4 hour time frame
we may have a possible breakout of a downtrend channel
For a clear breakout
wait for a retest of the broken trend line
or clear break for going long
any question feel free to ask :) good luck everyone
NASDAQ SETUPAPPLE AND THE SELL OFF RALLY WILL TAKE US TO 10300, WAIT FOR VALIDATION AND THESE SAFE ZONES PRIOR TO SELLING AS THERE ARE SOME FUNDAMENTALS THAT COULD SPIKE US UP TO 11150.
Nasdaq Futures - Ustech100Hello traders,
Today could be a decisive day for the next WHSELFINVEST:USTECH100CFD index trend. A closure under the 10750 support could trigger the next descent to 10645 and 10560. On the contrary with a retrace could go looking for the 10920 that if they are passed we will go towards the 11048.
If you agree with my ideas put a like and feel free leave a comment to link your trading ideas.
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My analysis are for educational purposes only, and in no way represent a solicitation to invest in the financial markets. Compare them with yours and make a decision.
Nasdaq NQ path and direction Hello everyone Nasdaq at critical level
as clear in chart
good luck everyone
NASDAQ SETUPNASDAQ SETUP - I don’t see any fundamentals that should drive nasdaq down besides fear in the market from the sell off, covid cases, no vaccine and no news on stimulus. These have been constant fundamentals since the bull market so unless fear strikes again I’m looking at this buy setup.
NASDAQ SETUP Wait for price to come to our zones, Mondays are full of market manipulation so don't chase the trade.
US TECH: GAME OVER?Well, get your popcorn ready!! US Tech 100 is in a precarious position. This is another thing that rules the world!
Price ducked below 11000 - which is considered important. Will it stay below? How would I know? 🤷♂️🤦♂️ At time of posting price is a 10920-ish. Does this mean the backs of the USTECH and NASDAQ are broken? Of course not. Expect permabulls to do their stuff. We need them - for the big money transfer- so they're much loved! 🤣
Price action on this on the 3 to 5 min time frame today was soooo exciting! LOL. Call me a nerd - it's fine. LOL. 😉😎 If you wanna see what's really happening you just gotta get dirty in the trenches!
I'll be doing a video soon, showing how I look at price action in the indices, comparing the rule of Tech100 with other indices. Stock up on popcorn! 😂👳♂️
I don't do predictions - because I believe trend is more important than price .
Disclaimers : This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected. 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.
