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NASDAQ BULLISH Trend break CORONA VIRUS EFFECT!??Congrats on our previous good sell to 9300 parameters from 9500 after the bearish gap seen today, However NASDAQ as now break the bullish trend for a new pattern due to i believe the corona virus effecting Big companies under the NASDAQ composite Apple inc e.t.c creating panic and slowing production rates and shorting on demands, But My idea is that we expect little pullback after supports hits(TP Parameters). Otherwise fundamentals takes over to continue the bearish movements, As technically we expect bulls taken over already. Like and share your ideas on this particular pair too. Also always apply proper risk managements thanks!
OANDA:NAS100USD
by NAS-KING
Nasdaq PULLBACK seen, Buysetup loading up(RESPECT TO TRENDLINE)!Nasdaq pullback seen after we protected lil profits from our previous buystop due to yesterdays US bank holidays, Still on the road to 10k but as said we must trade the ranges and pullbacks along the way, However now we see a short sell long buy on supports(- Nasdaq had a gap down, this is due to "Apple Inc. doesn’t expect to meet its revenue guidance for the March quarter because of work slowdowns and lower smartphone demand, showing that the corona virus outbreak in China is taking a bigger-than-predicted toll on one of the world’s most valuable companies" ), However if the support is broken, we see more sell to 9442/400 parameters then a sure buy hence MAJOR Bullish trend isn't broken. Please comment, like and share your ideas on this particular pair too. thanks!
OANDA:NAS100USD
by NAS-KING
1
NASDAQ respect BULLISH trendline OR BREAKOUT!!?Congrats on our massive buy stop breakouts @9475 to Tps parameters(9500+) from previous post respected analyses as said. However Now NASDAQ break new highs and a point of retract or break, we expect a bearish pullback inside before the bullish trend continuation, However if NASDAQ breaks top trend line, were in for a new trend in the NASDAQ market since 1998.. So i believe it would respect trend line and pull in back for corrections. Please also comment, like follow me and share your ideas on this particular pair too. thanks!
OANDA:NAS100USD
by NAS-KING
2
NAS100 Next Move PredictionThe long awaited drop finally came into play last night, after a long day of a choppy market and trading side ways, we have finally gone bak to test the major support on 916X Region, which has faired pretty well. Confluences taken into consideration 1) EMA Currently above current market price. 2) Shooting Star on daily time frame. 3) Multiple Trend lines aligning, creating paramaters to work within NAS respecting the ascending trend line, i predict a further drop past the current current support and a potential long swing. The only concern with regards to news, which might push it further down is regarding the Coronavirus which is now widespread and have investors on their tip toes.
OANDA:NAS100USDLong
by PipsInMyBoots
4
Target Hit, Will it Reverse?My target on the Nasdaq (9144) has been hit and now the question is, will it reverse? The big thing to look at here is the momentum at which the Nasdaq has rallied. Since late September last year, it has been very strong with little to indicate a change. This makes me hesitant to start looking for the shorts right now. I am however going to pay attention to this level and see whether there is strong supply and whether I begin to see signs of a reversal. I will only look at short triggers after the Daily reversal has confirmed. This could present really good targets to the downside. Happy trading! Linton White JP Markets South Africa
OANDA:NAS100USD
by Linton_White
1