NASBTCMoving between daily MA200 and MA360, it's a matter of time to break one of those
Not financial advice, do your research
NAS
NAS100 - Will the long term support hold?Looking at NAS on the daily, price is approaching a trend line that has been well respected over the past year, along with RSI reaching towards the oversold territory, and the MACD already deep under; from a technical perspective, 12950/13000 could be a great price to enter a long position for a medium term trade. However, the key fundamental factor driving NAS lower recently (inflation fears - and rightfully too) should certainly be a cause for concern and could continue to push NAS lower to some key areas (12700 / 12200 / 11000 - maybe a little exaggeration here).
NASDAQ Analysis Nas had a nice rally down and those who followed my previous post made some good profits. Thank you for the screenshots great work.
Looking at the higher timeframe we had some rejection from our trend line which may cause the price to carry on moving up. For the bears to continue I will be looking for a break of 13168 which will carry the price down to 13041-12775. A break of 13409 we will see the bulls come in and push the price back up to 13793 and further.
Nasdaq on last kissNasdaq broke down the huge ascending channel and has retested ......
Now the overall trends changes to down trend....
Let's swing the sell down
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NAS100 AnalysisHi guys hope you all had a great weekend.
We had some good bullish movement on Friday taking price to 13793 zone, The market is still respecting the support/resistance line drawn early last week. This week its still a very mixed feeling, The bearish fall may not be over yet. If we look at the higher timeframe, This bullish push can be just a pullback for the bears to continue. We will need a clear of 13793 for the bulls to continue. I would watch the 4 hours carefully to see how this plays. A break of 13664 can result in bears pushing down further. I will highlight the Daily/4Hr timeframe on a separate post.
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NASDAQ AnalysisMarketing is consolidating ready to break anytime now. We can expect more sell off bring price down to 13298-13168. Just be careful of the fake breaks before it continues the desired direction. Dont get caught up. If the price does decide to go up id wait for 13664 break before taking any buys. This will give me a better clear signal for the buy.
NAS100 analysisHi guys Sorry I been off few days hence no charts.
Lets get back to it. We have had a really nice fall yesterday, hope you all caught some pips if not I'm sure we will get more opportunities today. As we can see from the chart double top has been formed which resulted in this drop. We have broken through the neckline and we can expect further drops. Just be cautious of your entry as we will defiantly get pullbacks before continuation.
We had reached our target 13664 and now we may get a pullback soon before continuing to come down to next target 13539, 13409, 13298. However if we do go back to 13923 then I will be looking for buys again as sellers failed.
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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.
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.