NASDAQ - WEEKLY OUTLOOKTECHNICAL POINTS:
4HR resistance
4hr Fib
Daily fib (50% lines up with 4hr resistance)
Daily support
4hr Head and shoulders
Buys:
Close above 4hr resistance invalidating H&S
Sells:
Wait for rejection around 11,400 in line with left shoulder. Failing that, break of the neckline.
NAS
NAS100- Quick Trade TP HITQuick 100 pip trade earlier today. Never miss a chance. If you know how to trade you will never miss these trades. Nasdaq is very easy to trade, alot more volatility compared to forex. Nasdaq market moves almost 300 pips everyday. So everyday you have an opportunity to make minimum 100 pips. If you are not making anything and losing money then you have not understood nasdaq well enough!!
NAS100 Analysis NAS100 Analysis
The bears came back in last night pulling the price down, This may just be a pullback- However what type of pullback is unsure, it can be a small, medium or even deep one. If it is not a pullback then the bears have really taken over.
I have outlined how each pullback can react, Also when we reach 11568 what may happen. We are expecting a break especially that its about to touch that line 4th time.
NAS100 Analysis On the daily chart, we are back in the box, When it got in there yesterday, it was obvious which way this market was going. We may get some pullbacks etc but i think We are still on our way to 11582. When we reach 11582, we will need a break outside this box. This may get us back into the bullish trend line.
SPX| NAS Playbook for today 25SEPHello Folks,
Here is a video recording take for the planned play book for SPX and NAS for today.
Brickbats welcome :)
Key levels for SPX 3255-60 Bullish above bearish below
NAS 10960-11000 Bullish above Bearish Below
NAS Alternative - Hold of 10820 for a rotation on upside
NASDAQ AnalysisSo much hasn't changed since yesterday. NASDAQ is still in that middle zone. Currently it couldn't break 10971 and was forced to come down. If it carries on we can expect 10580-10510. However if we get a break of 10971 then we would see 11172 a break there would be the big goal, which can change the currently trend if buyers take the upper hands.
NASDAQ- Why Support and Resistance is so importantIt is extremely important to get your support and resistance correct with nasdaq because they will guide you. Nasdaq heavily relies on S/R. Look at this example from yesterday how amazing this respected the S/R line. I have seen many of your charts and some for people have 100s of lines which has made trading extremely hard for yourself. How to draw support and resistance is one of the first things everyone should learn. I know its hard as the content online don't give great real life examples and no-one explains well.
If you want to learn more. Let me know.
NAS100- TP HIT Everyone that saw my previous post regarding false breakout must have witnessed it today live at New York market time how it broke out and then closed back in. Entry just after the false breakout- Easy over 200 pips there. Thats all you need. one good trade and you are sorted for the day
NASDAQ100- Fake breakout Tricks & TipsFake Breakouts
The market is still consolidating, it will hopefully break out soon but be careful of fake breakouts. They are called stop hunters, looking for obvious places where people have put their stops. When do you get stop hunters in NASDAQ- Alot the time they happen during the New york market opening hours. Catches people out all the time. Be a different trader- dont think like everyone else. Don't put stop losses at obvious places where you know everyone has put them. The big players in this game know how you think, so to change that you need to be unpredictable.
NASDAQ Analysis Currently the market is consolidating, it's been a great battle between the bulls and the bears, they have been playing around that zone for a while now, either side don't want to give up. It has come hit a key support line 10743. We can see the market carry on coming down to 10510 or see the bulls come back pushing the market up. For the Bulls we will need a break of the trend for them to come in fully.
Targets
Bulls - 10971- 11568
Bears- 10743 - 10378
New idea on nasdaq run to 13500 I still think that this is going to be fairly close to what NAS100 will do.
Need to wait to see what happens in the next few weeks but this is what I am envisioning.
Plz follow me and leave some feedback. Are you going long or short on Nasdaq? No right or wrong answers, yet, but would love to see where everyone's head is at! Have a great weekend everyone!
NASDAQ100 FRIDAY UPDATE 18 09 2020hi Traders,
This video is and Update on Friday afternoon for the Nasdaq100 Asset. You will notice that Price is respecting the bearish trendline.
So hopefully some of you traders have effected your short trades and are in profit. Guys this was an update from a Sunday Technical. So if you like this video, please subscribe, like and share so you can get the Sunday Technical charts and maybe a midweek chart if much changes.
So to your Profits !!