Nasdaq 100 What Now?
Updated
Who’s In The Nasdaq And What Are They Doing?
Nasdaq bulls have surpassed the 13600, wedge trend-line. Last week, on Nasdaq What Now? I spoke about the bullish divergence that was visible for a while. Well, these bulls took that seriously..
We got a massive breakout. Even went as far as, passing the 14,000 resistance level and turning it into support. In this chart, The 14,000 and 14,100 break.. You can see that the success of the bulls is kind of dependent on that last resistance at: 14,600. That level being a major 16th of February, 2022 resistance. Are the bears still hovering around there? In addition, We get to know that this week. Heads up! I’ve got an alert placed there so, I don’t miss out on the action. Hold-up, there’s a but. The bulls haven’t exactly given is a Higher-low yet so, this can mean two things. First, they go create another support at a significant level and continue their race or Secondly, they fail to break and the bears resume.
Nasdaq 100’s High Impact News
We’ve got free days—Monday and Tuesday. However, on Wednesday, 23rd March, 2022 by 15:00, The US market New home sales will begin. New home sales is an economic indicator which records sales of newly constructed residences in the United States of America.
In addition, Thursday the 24th, by 13:30, The US market’s Durable goods orders will take place. Durable goods orders reflect—new orders placed with domestic manufacturers for delivery of long-lasting manufactured goods (durable goods are long-term goods that are purchased and expected to last a consumer at least three years) in the near term or future..
Finally, On Friday the 25th, by 15:00. The UoM (University Of Michigan) Consumer sentiment Index takes place.
Don’t miss Nasdaq’s what now episodes. Stay safe!
Nasdaq bulls have surpassed the 13600, wedge trend-line. Last week, on Nasdaq What Now? I spoke about the bullish divergence that was visible for a while. Well, these bulls took that seriously..
We got a massive breakout. Even went as far as, passing the 14,000 resistance level and turning it into support. In this chart, The 14,000 and 14,100 break.. You can see that the success of the bulls is kind of dependent on that last resistance at: 14,600. That level being a major 16th of February, 2022 resistance. Are the bears still hovering around there? In addition, We get to know that this week. Heads up! I’ve got an alert placed there so, I don’t miss out on the action. Hold-up, there’s a but. The bulls haven’t exactly given is a Higher-low yet so, this can mean two things. First, they go create another support at a significant level and continue their race or Secondly, they fail to break and the bears resume.
Nasdaq 100’s High Impact News
We’ve got free days—Monday and Tuesday. However, on Wednesday, 23rd March, 2022 by 15:00, The US market New home sales will begin. New home sales is an economic indicator which records sales of newly constructed residences in the United States of America.
In addition, Thursday the 24th, by 13:30, The US market’s Durable goods orders will take place. Durable goods orders reflect—new orders placed with domestic manufacturers for delivery of long-lasting manufactured goods (durable goods are long-term goods that are purchased and expected to last a consumer at least three years) in the near term or future..
Finally, On Friday the 25th, by 15:00. The UoM (University Of Michigan) Consumer sentiment Index takes place.
Don’t miss Nasdaq’s what now episodes. Stay safe!
Comment
I have a buy-limit.
Risking: 1.1% to gain: 2.4%
Trade active
Trade closed: stop reached
Got stopped out when the US market’s opened up. Bad timing. Could had gone for a BE but that’s the lesson.. Anyway, let’s see what the Nasdaq decides on.
P.S: You can use BE’s. Reason I didn’t use it is because I’m working on which is better. Allowing Targets hit or Taking profits manually..
When I get the answer, I’ll let y’all know..
Cheers,
Lazyluchi
Comment
Marked my zones! looking to try again at that area. If it holds fine, if not---I re-consider my buy bias..
Trade closed: target reached
2.6% achieved Stay tuned for next one! Let’s stay winning even while losing..
cheers
Comment
Chart study.
Comment
Chart study
Comment
Nasdaq100 stalling..
Bearish divergence? bears or just a higher low..
Comment
Chart study..
Comment
Bearish divergence played out..Comment
Nasdaq100 waiting.. doubles or continuation? Another rejection, I go in for a sell to next zone.Good morning guys..
Comment
Target should be at next zone..Comment
3-way: bearish dive, double top, lower-high.. However, can we still call this a downtrend. I mean the bulls didn’t exactly give us a higher-low.Comment
Pulls(retest) and break-outs—However i’m more interested at what happens at: 14675-700.. #nq Comment
Bullish? Next pull, then I buy to 15..Comment
I still keep seeing this BED(bearish divergence) Why?What does this mean for the bulls of nasdaq100? Need more confirmations..
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