NQ1! NAS100USD NASDAQ 2023 JUNE 12NQ1! NAS100USD NASDAQ 2023 JUNE 12
Significant Weakness observed on daily bar (Friday 09 June) as market is marked up on ultra low volume S>D bar.
If mark ups on low volume continues, tighten stops and don't chase longs. Prepare to look out for short opportunity.
Possible Scenarios:
1) Market continues to be marked up on low volume narrow spread up bars = tighten stops on longs / wait
2) When additional weakness emerges = Short on test and rejection of recent high / lower high
Price Reaction Levels
Short on Test and reject | Long on Test and Accept
16646 15269 14575
*Longer term: 13350 needs to be supported for long trend to be intact.
Price Volume Analysis:
Weekly: Ave vol up bar close off high = NTC weakness
Daily: 09 June ultra low volume S>D up bar
*NTC = Non-Trend Changing
Like and follow if you find this useful.
Have a profitable trading week.
*For education purpose only.
Ustech100
NAS100 / US100 Cash / USTEC BearishBearish Divergence at 1 hr time frame. Also, NASDAQ is at the top point of the year. Here we can see a correction or trend going downwards. Also, there is high-impact news on Monday (ISM Services PMI). You can take appropriate risks and rewards by calculations according to your account size.
As I have calculated for myself.
EP - 14429
SL - 14560
TP - 14258
Lots - 1.527 = 2% on account of $10000
"SAFE TRADING - LONG TERM TRADING"
short-term sell setup for nasdaq after the liquidy sweep and the price took all the buy-side liquidity
we r waiting for a correction in the price
so we r waiting for short-term selling opportunities
_____________________________________________________________
don't forget your risk management
follow for more :))
NQ1! NAS100USD NASDAQ 2023 22 May WeekScenario1 breakout offered a fantastic week.
Hope you had joined in the ride. Target 13740 hit, and AR tested.
Possible Scenarios:
1) Continuation Long Strategy: Long on retracement. Price has to
come down on low volume
2) Breakout failure: If there is strong volume on down move,
it may signify a yet to be completed rotation, with more potential for
downside (zone 13740 - 10710)
Price Reaction Levels
Short on Test and reject | Long on Test and Accept
15269 13740-13913
13350 12950
Price Volume Analysis:
Weekly: Ave vol up bar close off high = potential weakness
Daily: 19 May UT bar, ave vol= = potential weakness
Like and follow if you find this useful.
Have a profitable trading week.
*For education purpose only.
NASDAQ RALLY CONTINUESThe hopes on the market are up, after both NASDAQ and S&P 500 rose through the day. Investors were concentrated in high-growth stocks and there was an optimism regarding debt ceiling deal being reached soon.
Other factors that were influencing the upward movement of the market were better-than-expected earning reports, slowing down of the aggressive rate-hike and less-than-expected jobless benefits claims.
Both MACD and RSI indicators are confirming the trend, with MACD histogram above zero and rising and RSI above 50 neutral line and rising as well, although it had approached and even surpassed the overbought line.
If the current trend continues, the price might reach levels of 14230 and even 14540. In the opposite scenario, the price might revert to levels of 13740 or 13500.
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.
Nas100 Short PositionHigher time frame supply in play, and banks are using it to offload their long positions. price need to retrace to demand areas at this point.
NASDAQ expected to Buy!!!!!!We have a nice break of structure and price left a fair value gap which needs to be filled first, giving us buy entries once we tap into the OB.
For now let us wait and observe price action. Once we tap into our zones we will pull the trigger upon getting confirmations.
All the best!!!!!!!!!!
NASDAQ BULLISH OUTLOOKThe trend of NASDAQ seems to continue, despite a resistance that is forming around 13250 mark. The instrument had tried few times to breach it, and currently is trading above it, but the breach is still not significant and might revert.
The technical indicators, though suggesting that NASDAQ still has steam to continues it upward movement, with RSI above the 50 neutral line and the fast MACD line crossing the slow MACD line and the histogram reaching positive territory.
If the breach of the resistance turns out to be genuine, the instrument might reach levels of 13740. In the opposite scenario, if the price reaches 12800, it might pivot and continue its decent.
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.
US30US30 at resistance if can break resistance can rise to next resistance at 33817 - 34058 - 34269
if can't break resistance can drop to suport at 33503 - 33314 - 32922 - 32750 - 32620
Nasdaq Analysis Falling Wedge Hello,
Currently, we are in a consolidation box, and the market seems to have intensified significantly. I have also observed a falling wedge pattern, which I believe will eventually break to the upside. Although it's unclear if we will see a breakout of the box, I will be prepared to analyze the situation once it happens. It's worth noting that there was an attempt for a downside break, but it turned out to be a false breakout.
Please refer to my previous post for the levels that I will be monitoring, and I will keep you updated on any developments. If you would like a more detailed analysis of the lower timeframe, please let me know.
Short USTECHPossible short bias on the USTECH. Daily bias still stuck in some consolidation but i believe we have a pending short before going bullish to take out some weekly liquidity.
Relatively equal lows present around 12925 therefore, posible target. Entry is premature as London open has not occured yet.