nasdaq100 analysis The bears had failed yesterday and bulls have taken back control. Amazing how your support/resistance is so important. as you can see each time it touches it to the pip. We had a quite a bit of bullish movement last night which I assume will continue today. A break of 14064 will will be going towards 14200. However if 14064 does hold it resistance then price can come back down again to 13955 and below.
NAS
Moonphases backtested QQQ NQ NASMoon phases begin 3 days after, marked by vertical lines. If the trend started the same day I gave it credit. If you could've lost considerably holding till the next moon, I put it in yellow, but still gave credit for initial trend.
Full moon (bot) was correct 9/9 1 ylw
New Moon (top) was correct 7/9 2 ylw
So it seems you can trust moon phases more than most indicators! Overall 88% accurate, with Fulls near 100%, and News @ 77% accurate.
NAS100 AnalysisOn the daily I can see a double top has been formed, so we may see more bearish movements today. A break of13897 we can see price coming down to anywhere between 13800-13665 or further. If the market does respect the current trend line then the price will go back up to 14064, a break here will take us to 14200
NAS100 Analysis Hi guys hope you all are well.
Nasdaq has been very indecisive lately been ranging for a while now. The trend is still very bullish and I hope we can see a break through today pushing price back up to 14064 and then further to make new highs. 14200-14400. If the price however does decide it need to come back down we can see it come to 13800 before coming back up. If the price does continue to go down from here then we may see 13665.
For now I will be looking for buys unless I see clear signals this is a sellers market.
nasdaq analysis We had a very nice drop on nasdaq which we were waiting for and this bearish momentum may continue tomorrow. We are currently on the centre trend line on the 4 hour chart. if we break through and come down our target will be anything between 13680-13394. However is the bulls do decide to come back in we will most likely see new highs again target of 14200-14400.
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nasdaq analysis Today we had a pretty bearish day on Nasdaq, Currently the market is consolidating on lower timeframes. If we look at the daily we can see 13915 was previous high which did get broken yesterday, nas making a new high. Today if we get a close back in 13915 then we can expect some more sell off bring price back down to 13607-13540. However the bulls do continue next target will be 14200
NAS100 AnalysisNasdaq has been ranging for the last couple days. on the daily the trend is very bullish. We are very close to our previous high. On the 4hour chart we can see price has hit the top of the trend line. A break of this trend price can move to 12400 and higher. If the price does respect this trend line and pulls back then price will come down to 13600- 13472.
Be careful of the fake break outs. We have had many of them already.
NAS - .786 SupportFriday! NAS held the 2 hour MBB as support with the 2 hour 8 EMA resistance. Forming a triangle between the two for a move today. The bear thesis would be for some profit taking early, while the bull thesis is one of continuation to the top of the larger channel and a completion of the larger triangle break.
NAS100 reaches 13600 as analysedHi guys,
From the last analysis nasdaq has reached 13600 as I had analysed. Got some really nice messages from you guys who did take the trade and made a good profit.
As we can see now the market may come back for a pullback to around 13400-13300 before continuing to previous high and highly possible of making a new high. However if the market break 13300 to the downside then we may get a deeper pullback to 13072 before going back up again.
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Nas Long to go retest the highs.Good morning traders in this analysis I am looking to take long on the Nasdaq100 because the Nas has impulse incredibly hard to the upside so what i am looking to do is I am waiting for a bit of a pull back to go create a valid support level then i will wait for the highs to be broken in order to go and impulse to retest the highs found 400 points away which will be an amazing opportunity to go retest highs and ride the next bullish wave.