NDX Today's PA is screaming to me to go short or stay out 😹US 100 Cash CFD forum
NDX Today's PA is screaming to me to go short or stay out 😹
USTEC Good day to you allThe gold trade took again the momentum and it is going in a healthy way without gaps and in the correct steps to the upside so my patience paid off so far and for sure it will be still open!
The US 100 short trade took a harsh sudden bearish momentum as expected to fill the lower gap from my post on 09.07 which I asked to read it again for being important (they pushed the price on 10.07 to enforce the bullish momentum continuation but it did not work out as they did so only to create a liquidity sweep!) then a string bullish retrace followed after that straight as we see.
That strong drop which followed by a strong bulish momentum due to the trigger of the limit buy orders at the down side already created as you see a day candle will end up in either a pin bar or doji or a hanging man!
Longer lower wick with as a small body at the top (if it will end up like that and will not drop on New York session!
Either way the day candle will end up, will be useful to my short trade on US 100 as all that wick will be filled by a strong momentum but this time will be much much stronger one that what happened today in the early trading hours!
Have a lovely day
NAS100 All The Indices Gone Bleed Today
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.
