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
Please like, comment & follow.
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
NAS100 AnalysisThe trend is still a bullish, we had a break out the trend yesterday but it couldn't stay out and came back into the channel. You can see clearly on the 4hour (close outside & then close back inside) and daily chart long wick. Today we may get another attempt on breaking this channel bringing price down to next target 12465 then 12238. As for the bulls, if they carry on the trend then its easy, next target 12787- 12919, a break then next target would be 13100.
Keep trading simple, Do not overcomplicate it. Trading is a skill you learn through hard work, like any career. First Education then Experience. In this industry you will find two types of people, A trader and A gambler. It is your choice which one you want to be.
All the best today!!!