here is my analysis from yesterday, TP was hit and it will be updated soon
If we break the point of rejection then we can hold buys from 15034 all the way up to a TP 1 of 15062
Here is a brief analysis on Nasdaq for the week, will see how the market plays out on the new trading week open.
Not much happening as of now and still working off the same analysis however, I do want to see if we can try go past 15185 (over the 0.382 level on the 1 hour) on Market open with a TP 1 of 15197
Here is my analysis for Nasdaq this week, will update it further if needed before market open
Breakage of this resistance will allow buys to at least 15292 (that's the 0.5 Fib level on the 4H)
Here's is my analysis for nasdaq, I have a slight bullish cones but will modify this analysis soon for market open
ased on the recent news and the upcoming Non-Farm Payroll (NFP) release on the 4th of August, here's a brief report: The NFP, which is a key economic indicator, is expected to show a consensus of 200k jobs added, slightly lower than the previous figure of 209k. This data will provide further insight into the state of the U.S. labor market and could potentially...
Based off of a clean rejection off that level, I'm looking at safe bearish moves on market open.
2 / 2 Here is some news to help with my decision "Nasdaq Composite drops 1%, S&P 500 falls 0.7% as tech shares slide" - The Nasdaq Composite fell by 1% and the S&P 500 declined by 0.7% as tech shares experienced a slide. This indicates a bearish sentiment in the tech sector, which could be a potential sell signal for investors. "Tech stocks lead market lower as...
We are now at a strong level of resistance - if we fall from here we will take sells to 15248 with last TP of 12189. If we break this level then buy Nasdaq on open
Another Rejection off this level so 15100 could be a possible SL with a TP of 15100 we look to reenter the 1 hour zone golden level (sells)
Still have the same analysis running from last week for now I still see it's valid. Will see what happens as we reach closer to market open.
I'm sharing with you my pre-open analysis on Nasdaq. Please note that this is purely my personal perspective based on the data and trends I've observed. While I've made every effort to consider various factors and scenarios, the market's actual movement can be influenced by numerous unforeseen factors. Therefore, this analysis should not be considered as...
So the last NFP was very strong at 339k new jobs added so I have a consensus for sells on Nasdaq at 14:30 SAST and here’s why: U.S. Job Growth: If job growth has indeed picked up, this could be a positive signal for the NASDAQ. Increased hiring often indicates that businesses are confident in the economic outlook and are expanding, which can lead to increased...
We already had our 3rd bounce off the parallel channel so this new one is a possible breakout