Nas100short
NAS100 at 12287'sI think Nas100 will retrace to the levels of 12287's,then from that point it will Continue with the downtrend levels up until 10670,looking to enter a longterm position on this with a small account,but If you looking to grow the account
You can also get it on its way up to the 12287 areas as a buy
Lets SELL NAS100 AT 12125 LEVELSAfter Nas100 Broke below the 4H trend,it is looking to retest at a level of
12125's movement that it will take when it gets to that level is a downtrend movement
Up to the level of 11245
Nasdaq- I'm more bearish than 2 days agoIn my weekend comment, I said that I'm bearish Nasdaq and I expect a drop sooner rather than later, and looking at the daily chart after yesterday's vaccine news I become more bearish.
After the hanging mean which concluded last week's run, yesterday we have a very aggressive reversal day that engulfs all Friday's rise and this for me is a clear signal that bulls lost control, vaccine, or no vaccine.
I will look to sell above 12k figure and as a target, I look for 11k zone but I wouldn't be surprised if it drops to 10k in the medium term
SELL NAS100 TP: 11250 SLAfter the NASDAQ indices had a bull run, the most obvious direction that it will take is a downward movement , In my analysis the 1H
trendline/channel has broken below and also retested, and
from now we will be seeing a downward movement up to the level of 11250.00
Nasdaq where to?The election week was a strong one for Nasdaq, with the price rising and managing to close above 12k.
Now the index is facing resistance and a strong sell zone so we can see the price rolling back to 11k.
On the other hand, a daily close above the previous top would put bulls in control and we can see the technology index making new all-time highs.
That being said, I will look to sell with a tight SL and a 11k target which can have a 1:5 R:R
Nasdaq to 10k soon?Since March, Nas100 almost doubled its value reaching a high of 12500.
Now this resistance is confirmed with a second drop from this zone and it can transform in a double top pattern if we'll have a break of support.
In my opinion, this will be the outcome for Nas100 and I will look to sell rallies.
Only a new all-time high will put a pause on this bearish outlook
$NQ1! Nasdaq 100 E-Mini FuturesWave analysis suggests the NQ! Futures are putting in a flat correction with some downside left in the market. This analysis coincides perfectly with wave analysis of some of the other major equities stocks and the uncertainty that generally plagues the market during an election year. Following the completion of this flat correction, we should begin to see some nice movement to the upside. My estimate is mid November for the correction to complete absent some major world event.
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NAS100 AnalysisNAS100 Analysis
The Market is still very choppy and indecisive. I hope we can get a break soon to get a clear picture where this is going. If we do break the middle trend line then we may see anything between 11400-11250 as for the bulls if it goes up a break of 11589 will take us to 11741
NAS100 AnalysisNAS100 Analysis
Hi Everyone. Nas is still consolidating, It had an attempt to break out the box yesterday but it failed to stay out, found support at 11527 and came back up. I feel like we will break today. There has been a triangle that has formed as-well.
Bulls Target: 11789, Break here will take us to 11929
Bear Target: 11525-11467
NAS100 AnalysisNAS100 Analysis
We may see some more bears today- trying to come down far as 11468 before going back up. If you look at the daily thats where the lower channel is. As for the bulls if it breaks 11787, we will be entering the channel again expecting more bulls.
Nas100 short term Bearish trend Use propper risk managment , and wait for the 11808.45 break downwards!
NAS100- Analysis NAS100 Analysis
I would say its still consolidating between 11787 -11929. We can also see it struggling to break our strong middle trend line. So to go further up we need a break of the middle trend line and 11929 resistance. As for the bears a break at 11787 would take us back down to 11619 hitting our lower channel trend line.
There is also something very interesting happening in the lower TF- See the next post
Nas 100 Short UpdateProFx Market Sniper provides ideas on trade setups. We do no provide financial advice. Please take this trade on your own risk and remember to use proper risk management.
Nas100 Short 15 Min TimeframeNice short term sell coming up soon on nas100 please use proper risk when taking this trade.
NAS100 SHORTNas100 has found some resistance. A nice tend down to find some liquidity seems to be the next logical move. Despite everything going on in the market.
NAS100 IS GOING DOWNTOWN! NAS100 Broke through previous daily support and it appears that the market is going to push it to 10500 area which is my next target. I've been catching the shorts since last night and will waiting for this quick retrace to 10500 and then we could possibly be looking at a long from there. It's all about the waiting game right now. Patience is your friend when we're looking for the trend ;)
