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!!!!!!!!!!
Ustech100
NAS100NAS100 was trading in bullish parallel channel.
After testing the highs , now is the time for testing the lows of the channel?
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.
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NASDAQ TRADE IDEAPersonally expecting some overall bullish movement until CPI were price will finally be I our key area of interest for shorts
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 TRADE IDEA - PRICE TRAPOverall I'm looking to go SHORT on Nasdaq, but for now on the smaller time frames we are looking to pus price up to 13550 for the big horn - if everything matches up nicely we should be able to grab shorts @ 13550 before FOMC
nasdaq updateafter big move to above 13000 , now is time to go down for completing wave E of contracting triangle , after making this we have a big move to reach all time high
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.
NASDAQNASDAQ is consolidating since over the month and now trading in short time bearish channel and hovering around support zone.
Now is the time to break support?
Long USTECHPossible buy on USTECH after previous daily low liquidation and 5 min change of structure. Entry on 5min FVG to target equal high near the New York midnight open price
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.
Nasdaq Analysis Hello,
Since my last analysis, I have been closely monitoring the market and wanted to provide you with an update. Despite some fluctuations, we have yet to witness a significant shift in the market. While we did experience a push out from the wedge, we have remained within the confines of the consolidation box.
However, I must emphasise that the current build-up of market is quite intense, and I anticipate that we will experience some substantial movements very soon. If you have not already done so, I recommend reviewing my previous analysis for a comprehensive understanding of my projections for the market's future direction and what levels to watch out for.
NASDAQNASDAQ was trading in wide wedge and now broke out of the wedge.
In wider spectrum NASDAQ is still in range bound, Is it heading towards the support zones?
NASDAQ TRADE IDEA - A BREAK?Crown Club managed to maximise the sell off yesterday on the Head of the head and shoulders pattern.
The market has been crazy moving sideways - the volatility is mainly caused from earnings and the wait of what the FED will do at the next FOMC meeting in May - remember that all the evidence we can gather now on where interest will be in the next FOMC meeting will influence the markets.
'Fed’s Bostic sees one more quarter-point rate hike, then a hold ‘for quite some time' - As a member of the FED, this statement from CNBC could potentially lead markets further down and with earnings out now we could see a potentially good window for investors and firms to grab profits while stocks are "doing good" - majority of retail traders would follow direction of the market and news, what do I mean by this?
If APPL does good with earnings you would expect price to go through a bull run, all though this is still a possibility I see this as an opportunity for BIG investors to cash in profits - hence the recent volatility and consolidation.
Be prepared for a lot of fake out and sl sweeps this week.
Nasdaq Analysis Hello,
From yesterday's analysis you can see the price done as I expected. The prices has broken out the wedge I drew yesterday but we are still in the consolidation box. Now the price may come back retest the wedge and continue going up or this could be a fake break push price back down to the lows of the consolidation and then breaking down.
For Bulls: 13306- 13516
For Bears: 12813- 12417
I will be looking very closely for the bull run and even if we push down il still be looking for bull entries. As the market is still very bullish!!
Nasdaq 4Hr TF AnalysisHello,
My previous post I analysed the weekly timeframe and I mentioned how the market has been consolidating and now on the 4 hour chart you can see the build up of the consolidation. We can see we are getting closer and closer for this break. We have had few fake breakouts, which we want to avoid getting caught in.
I would wait for a break of 131200 area or 12840 area to decide to get a safer entry weather you go buy or sell short term.
Nasdaq Weekly TF Analysis Hello,
I will start this weeks analysis with the weekly so we can see what has be going on with Nasdaq. To begin, let's take a moment to appreciate the positive changes in the market. In the beginning of the year, the Nasdaq broke from a downtrend, resulting in a change of direction for the market. This is a great sign for investors, and it's important to capitalise on this momentum while it lasts.
From a technical standpoint, the Nasdaq appears to be in a strong uptrend, with no significant signs of weakness or reversal at the moment. This is a great opportunity for long-term traders to consider buying at low prices. It's important to keep in mind that Nasdaq follows trends religiously, so it's essential to stay focused on the trend and not diverge from it. As we move forward, let's keep our eyes on the trends and make wise investment decisions.
In my next post, I will provide an analysis of the lower timeframe to give us a better understanding of what the market is doing right now. I look forward to sharing more insights with you.
NASDAQ TRADE IDEA - EARNINGS WEEKNASDAQ / US30 TRADE IDEAS
Potential bullish week ahead, waiting for financials to get released to determine whether I will be bullish or bearish.
There are a lot of opportunities to get in long positions so we will wait for price and try avoid the false break outs.
INVERTED H&S ON NASDAQ Morning everyone,
Looking at this inverted H&S move play out today for Nasdaq - if price breaks the shoulder zone I would I really hold sell positions to 12935 - 12820
If preteen is respected we will look to take some long positions on the formation of the shoulder.
A LONG AWAITED SUPPORT?Personally been waiting a while for this long position, let's see how the market reacts today (10/04/2023) on the NYSE open
Nasdaq Moving as PredictedNasdaq is currently running in profit after the call outs made last week.
We can expect some support as we are selling of in to discount, so be aware.
Scenarios:
-If price breaks 12800.00 we will likely see 12500.00 next.
-If price holds 12800.00 we can expect bullish PA back above 13000.00 and beyond.
Two sides to a coin so be aware of both possibilities.
Make of this what you will. I do this for free.
Good Trading!
Nasdaq Pre-Market UpdateNasdaq reacted from the equilibrium of the most recent up leg. If we hold the momentum of this leg and push higher we can take out BSL as marked out. However if we respect the area at around 1378.00 we can expect lower prices.
I'll wait for market open to see what level the market is going to be attracted to next.
