US 100 Cash CFD forum
NAS100USD the summer trendline has been broken. the question is whether it's a retracement of the price (after which it will go higher) or a reversal, so that bullish becomes bearish. white is 50D SMA, yellow is 200tradingview.com/x/uPItJQ48/
NAS100 A -1000 point drop in 2 hours is not a buying opportunity, it’s a warning. A warning that markets are about to bleed.I remember back in July when markets started correcting, we saw a -3500 (-16/17%) drop, I was spamming minds about avoiding buys because I saw the initial violent -600 point drop. I still remember the comments I got: “You don’t know what you’re talking about”, “You are wrong”, “Why are you looking for sells in a bullish instrument?” Do you think markets just go up forever?
In my opinion, this time it’s even worse, a whole thousand points gone in two hours is one of the worst candles I’ve seen on NAS.
Why I also think we are going lower? Mag 7 pre market are bleeding and during Asia/London sessions we are already -200/300 points from day open. This is a sign that US session will continue to dump.
Additionally, for the first time in a long time Fear and Greed Index is at Extreme Fear.
Sorry for the fear mongering, but good luck buyers, I’m staying out of any buys for awhile.
NAS100 Nasdaq and us 30 and Dax all will go down more
NAS100USD needs to hold 21k by end of today to maintain the strong trend and the possibility of more ATH otherwise its deep corrections
NAS100USD London session volume kicking in and the retracment continues.
Using my fibs the daily HL has broken through the 50.0% level and is approaching the 61.8% retracement level.
I anticipate price to continue its retracement down to 20,762.5 - 20,387.8 which lies between the 61.8%-78.6% fib retracement levels.
I will not enter any buy swing positions until price reaches this point. Ideally, I would like to see price continue down to 20,387.8 capturing the sell side liquidity while touching the MAs
US100 alot of traders last day before hols so could be v slow, still waiting for HH close before entry
NDQ hey trading view how to block Auberstrategy, can you please do it for me 🥺👉👈
NDQ I have a very complex analysis on what’s going to happen ready?It’s going to do whatever it wants.