As predicted Nasdaq melted yesterday and is still melting, I'm expecting a retracement at 12925-12950 for 100-150 points and if 13150 is broken we can expect to see more upside, but with this volume I won't be surprised if we continue to go further down. Trade carefully today everyone!
My bias is short for today, we see price consolidating in our box, looking for a false breakout close to NYSE or a double top on trend line. Beware of a retest on consolidation because price could respect consolidation and continue to head up. Today is Monday so trade carefully, hope everyone gets filthy rich today and this week!
My overall bias for Nasdaq today is down as you can tell on my analysis, I'm quite surprised we formed a double top in this zone so I have sell zones set higher up incase the bulls take us there during NFP, my validation keys are fib zones and trend lines. Late sell zone is valid incase we get a sell off instantly due to the bulls being exhausted, I've set take...
AMAZING DAY YESTERDAY!! Let's ride this meltdown down to my monthly analysis :DD
SWING TRADE AVAILABLE ON A BREAK OF CONSOLIDATION FOR CONFIRMATION.
DAY TRADING SETUP - LOOK AT LONG TERM SETUP TO SEE MAIN TARGETS AND VALIDATION POINTS.
Yesterday we saw the bears take control at all time highs - as previously stated in my analysis from Thursday and Wednesday we can see that Investors and Banks are securing profits, not only because of all time highs but because of Biden's new Tax implications on the wealthy as well as the awareness of a Tech Bubble. If you like my ideas please follow and like :)...
Based off the USA's decision to increase Tax for the wealthy - one could assume that Investors would pull out some money once stocks are at all time highs and once earnings are done, this could cause a fundamental move down which I assume could happed at my sell zone or either at 14250 - 14350 depending how much of a rally we get. Overall move is down but...
NASDAQ EARNINGS TODAY AFTER NYSE: APPLE, FACEBOOK, SHOPIFY (MAJOR ONES) PATTERN: HEAD AND SHOULDERS + CONSOLIDATION BOX + RETOUCH ON TREND LINE REASON FOR GOIMG SHORT :President Joe Biden is set to unveil later on Wednesday a $1.8 trillion plan in new spending and tax credits geared toward helping families. The Biden administration’s new spending plan would...
Detail is on the chart, just make sure to know what is happening fundamentally as that could be the driving factor to more bearish pressure.
Lovely consolidation box and trend line, expecting a retest on both before taking us to our sell target. Have a great trading day everyone, hope everyone gets filthy rich.
Breaking down nasdaq for this month: In my previous analysis of nasdaq you can see how we predicted the massive bull run which kicked off the week, breaking it down from the daily timeframe we can see an imbalance of price as well as a TL which is the reason for my first initial sell zone, from here on wards 2 things could happen, we could either get higher highs...
Bulls should stay strong until today, ideally aiming to get entries at main buy zone so that we can catch some lovely pips!
Play my old analysis and you will see it played out perfectly! Today we have quite an interesting day, we have multiple reasons for our buy zone but also a lot of fundamental pressure that could influence investors to go short, trade carefully and wait for price to come to us! have a great day everyone! If anyone would like to join my mentorship or signals...
Lovely day yesterday! follow analysis for entries