NAS - Technical CorrectionThe bounce is taking a bit longer to develop - watching for a break of 14671 to the high of day. Found CNBC struggling to find a 'reason' for this minor move to the downside after a great run. It's the 10 year or Delta or the Olympics..or maybe just maybe..simple profit taking after the Fed minutes? The 2 hour 8 EMA is above and will offer a first test for the bulls.
NAS
NASDAQ 100 TUESDAY LONGExpecting new highs after previous high gets broken
wait for re-test or pullback.
Nasdaq Analysis Nasdaq is consolidating at price all time high. Price is expected to go higher. We can see its in a strong bullish trend where price has been bouncing off and making new highs. In respect to this trend, price will carry on consolidating until it breaks to the upside to reach 14900. However if price does decide to break down then we may see price come down to 14520 before continuing back up. IF price does break 14520, Then we can see some sell offs as this strong bullish trend will be broken.
Bulls: 14900-15000
Bears: 14520.... if broken 14336 and further
NASDAQ 100 STILL GOING LONG!If Nasdaq 100 breaks over-all-high/last week high, expect more buys to the upside.
NASDAQ 100 TUESDAY DROP!Made a wedge breakout trap to the upside, so now I predict a drop the downside.
NASDAQ 100 FRIDAY DOUBLE TOP Expecting a reversal at yesterdays all time high.
Wait for break-out first and wait for confirmation.
Flag break-out to the upside, Second leg of double top/W reverse to the downside.
NASDAQ 100 UPTREND REVERSAL PREDICTION2-in-one trade setup, end of uptrend induction to the upside, reversal to the downside
Nasdaq Analysis Hi Guys Hope you all had a good weekend and ready for another exciting week ahead.
Today nasdaq started off very bullish and we may carry on seeing the price rise to make new highs of approx 14266 before the market dropping. The next drop will most likely be a very big drop bringing prices to the 13500-13000 regions, I will do a analysis of the higher timeframe sometime today so you can see where I'm expecting price to drop to. For the meantime, its a bullish trend and it will most likely make a new high.
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NASDAQ Analysis Yesterday we had another amazing run on nasdaq pushing price to new highs of 14218. On the nasdaq signal group we got in from the bottom and made some amazing profits. Today we may see some pullback before nasdaq continuing to 14266-14400. However if prices do break through 14013 then I will look for more sell opportunities. This week the market has been full of opportunities, hope you all took advantage of this.
I really feel we will hit 14400 and higher very soon, By the end of this month for sure.
NASDAQ 100 FRIDAY SHORTWaiting for price to break-out from consolidation and maybe make a pullback/trap and hit the previous high of Wed.