NDX Its decision time, we break down or we blowing up? Ascending triangle is a very powerfull setup. But this ascending triangle does not looking to good, but hey. Im no fortune teller.
US 100 forum
NDX Its decision time, we break down or we blowing up? Ascending triangle is a very powerfull setup. But this ascending triangle does not looking to good, but hey. Im no fortune teller.
NASDAQ looking at the CVD divergence here, price made new highs near 22880, but CVD was falling - bearish divergence and we got the drop. Now price bounced from the trendline with CVD making a higher low - bullish divergence.
NASDAQ If it turns down from here, thats some nice PA
US100 don’t worry it will always bounce back for the next hundred years
NAS100USD So we broke the daily trend line that I’ve talked about not too long ago the one that started uptrend from 16300. Now we have had this happening back in December as well. We will bounce but breakdown is even more plausible now 🙏 CPI/PPI will be interesting. Don’t get caught into ATH euphoria without truly understanding the background.Holding buys from 22667 double EMA, this is very likely daily low given the ranges required.
I’ve moved my SL to BE already just in case but we will likely continue. 4H candle has huge potential for 23k, if it will use it that’s another story.
Be warned below 22,733 strong bearish wave
If we stay above 22,800 strong bullish
NDX dude this market deserves to plummet 10% in a single day. Good luck timing it but it’ll come.NASDAQ Also, price just kissed the trendline here. Layered confluence.On the daily, this “dump” still looks like a minor consolidatory ripple in the broader uptrend.
NAS100 back up here we goNASDAQ If you combine the HH/LL indicator with Bollinger Bands on the 4H, you’ll spot a HL right at the lower BB, plus price is sitting at the 0.786 Fib retracement. That’s often a strong entry zone for trend continuation.
US100 damn go look what trump said, mass layoffs in government plus Russia Ukraine and more, don’t expect this to buy back