Nas100 AnalysisHi everyone, so the market has come exactly where I did say I will come on my previous analysis couple days ago. It was a slow stroll yesterday with all the reactions from the news. We are at a crucial point on nasdaq, a break of this 13585 resistance we will see a new high, 13700-13800, however the market may pull back before breaking this resistance. If we do come down and the market rejects to go back up and break the centre trend line then we can see a bearish momentum bring price back down to 12962-12751.
Don't be greedy, have a plan, every plan will not go right especially during times like this where is very volatile and unsteady so be patient and don't let your emotions take over.
Have a great day trading and if you want to learn you can always contact me, here to help you learn, grow and become profitable
NAS
NAS100- AnalysisWhat a move down yesterday. It was crazy. Hope you all got in at some stage and made some good pips. Again the market has respected my key levels so well.
Today We may see some pullbacks to 13141 before the market continuing going down to 127830- 12654. However if we do get a break of 13141 to the upside then we may see the bulls come back in.
NASDAQ AnalysisNAS had a very crazy day yesterday, but some amazing moves. Some of the students sent my screenshots later and it was very good to see the results. Good technics and good analysis.
Right now Nasdaq is still on the uptrend and we may see some bearish movement today. If we get a break of 13408 then we will certainly see it coming down to 13330- 13300 as for the bulls it may go back up to retest that previous high again before coming back down.
NAS100 AnalysisWhat a week for nasdaq- yesterday it just flew up, nothing was stopping it. Today we have reached another new high, where now? Nasdaq is still in the uptrend that it has been. We may see some more bullish before sell offs or we will see straight sell offs. Market will come down to 13140 then a pull back before continuing. However if the bulls continue we can see 13600
My out look on Nas this week As we can see that price is impulsing at the moment to the downside we should be expecting that price should react to the long term trendline and move to the top side which should give us lots of opportunities that will pay out as we head to Biden inauguration.
This not always 100% but there should be a higher probability as you can see on the chart we have 3 confirmations that go with my analysis
NAS100 Swing BuyNAS100 is overall bullish to 13000 & beyond. However, price could reject based on News to as low as 12400.
BUY NAS100 (on market open sunday 1/17/21)
TP1: 12900
TP2: 12940
TP3: 13040
TP4: 13100
TP5: 13500
SL: 12380
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TSLATesla seems to be an un-stoppable stock which loves to rally.
I believe our large impulse wave here has ended. we begin the price correction and now are entering an accumulation phase.
This should allow us to target 1195 for 2nd of Feb. Fib targets at 1.618.
Fundamental driving factor -
Earnings report.
NAS100 AnalysisNas is currently consolidating. Friday we had another new high. If the bulls continue, we can see it reach next anywhere between 13100- 13350. As for the bears, if they do take over we may come back to the bottom of the channel again. Bear target 12900- 12650
This trend has been going on for so long for. Im hoping for it to break very soon.
Be patient, have a plan and execute it. If you are losing money and not making money, then you should stop and think what am I doing wrong instead of adding more money, lose more and then give up. To stay in the game you must learn the game first !!!
NASDAQ H4 WAVE SETUPThe Nasdaq is trading near all time highs but I expect the highs to break and for the trend to continue. In fact, I believe that 17000 is on the cards at some point during 2021.
Currently the price is trading at the resistance level of the structure indicated in green. There have been 4 waves within the structure which means that we could see the break now or a possible 5th wave to the bottom of the structure before it breaks to the upside.
Welcome to 2021!
Linton White
QuickTrade
South Africa