NAS100| Expect more selling pressure!Nas100 is still bearish. Last week, bulls failed to take the market higher, instead the market printed another lower high (as we can see that the market has already printed a series of lower highs and lower lows).
Nearby resistance is seen at around 12300, second resistance is seen at 13000. In case of a bullish move this coming week, buyers would have difficulties to violate the first resistance. On the other hand, bears continuing to dominate will send price lower and they would be eyeing 11000 as the first nearby support. Second support is seen at around 10690.00. I have a strong bearish bias and as long as price continues to trade below 12300.00 we can be certain that 11000 would be an easy target for sellers.
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Nas100signal
NAS100 [US100] Daily Outlook | 19-MayMy plans on NAS100 today is simple and straight forward. After long bears yesterday, i expect price to be choppy today. With proper plans like what you see above, i can actually take advantage of that choppy move towards the nearest resistance.
I will update if anything happens.
Kings.
🧅Nas100 1:10 RR 1:10 RR on Nas100
1.price already reached 15m OB
2.price already reached Daily FVG
target at Last Low candle on Daily TF which is Daily FVG
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Good Luck Trader 💯💯
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🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
NAS100|Possibility of long term bullish reversal!NAS100 is showing signs of bullish reversal. The index is printing what seems to me as an inverse head and shoulders pattern. I am now anticipating a completion of the right shoulder formation. If price can be able to break the neckline and bulls defend 12500 psychological level, we could see the beginning of strong bullish momentum and it means we might begin to see change of trend. For this pattern to be valid, we have to wait for the neckline to be completely violated, and perhaps waiting for some further bullish confirmation on lower timeframe.
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Nas100 possible scenariosNas100 closed high on Friday with at least 6% from it is recent low of 11700. It's next resistance is seen at 12570. A break above this level will send price to the second resistance at around 12940. If bears defend 12570 we could see a push of price to the downside and the nearby support will be at around 12114.
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All the best for the coming week.
NAS100 New Entries + Exits (Best Reverse Strat Ever)The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately.
All likes/comments and feedback are very much appreciated!
How to play my chart:
Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there.
The same exact thing goes for resistance sell/break plays!
Nas100- Where to sell?There have been 3 very bad days for Nas100 and indices across the Globe with, in the Nas100 case, a drop of around 1000 points and a significant break under 13k important support.
Now the index is in a normal rebound and this can offer bears a good opportunity to sell at higher prices.
In my opinion, the sell zone is between 12750 and 13k and only above 13.300 would put a pause in this bearish scenario.
(Nas100) it is not what you think!It is not what you think, but what the big guys think! 12000 might not be the bottom.
Hey everyone!
Let's take a look at Nas100 and see what is currently shaping up. The index has really faced a critical moment the past few months, leaving so many speculations among investors as to where the bottom will be before it skyrocket again. I had to take a moment to look at the index thoroughly, also evaluating the performance of major tech stocks that influences the direction of the index. I have a feeling that the bearish move on Nas100 is not yet over and we can still expect further decline towards the 200 simple moving average which aligns with our next support around 11000 (November 2020 low). I think the big whales are eyeing this level.
I also attached the chart of one of the giant tech stocks that I find to influence the direction of Nas100- Tesla.
What we see below is a larger correction and it seems like tesla has to fall to the support of this larger correction. If so happens, then we have no doubts that Nas100 will continue facing downward pressure in the coming days.
Do you have any suggestion or opinion? Please be kind to write it in the comment section below.
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Tesla chart
Nas100: Bullish continuation from key levelsHello everyone,
Thanks to everyone that continues to show support to my ideas I post here. In my previous idea I mentioned of Nas100 and the falling trendline that needs to be breached to confirm a fresh new bullish trend. It was great that we managed to take the first move and reached our first target and hoping to hold some positions for longer term. If you followed my previous idea, congrats to you.
Previous idea
What do we see right now?
As I said the market breached the sloppy downward trendline and the market is now showing strong bullish signs. Here is what I expect today:
At the time of writing the market has already pulled down to 13384.14 area. Basically this is a key level that was slightly breached. I am expecting that there would be some sort of retest at this area and price pushes up. If the retest would not be sold enough then we can expect a drop to 13160-13167, around this level there is also a key level. From these points we can expect the market to rise. This same applies to US30 and S&P500, these two counterparts will also rise. Please do take time to check out my other previous ideas by following the links below.
First goal for Nas100 at 1415
Traders, please do support this idea with likes. Your continuous support is highly appreciated. If you have different opinion please feel free to share in the comment section below.
Nas100 is more likely to riseNas100 seems like it is creating a demand zone at around 12700 and 12800. Price bounced up two times at this zone creating what seems like a double bottom. Around 13200 is a trendline that falls from April 2022. If bulls succeed to break above the trendline, we can expect a change in trend. For best entries in case of a breakout, will wait for a solid retest at the trendline after the breakout with proper bullish confirmation for long position.
Targets
1339
1415
Please do support this idea with likes and do not forget to follow for new ideas and updates.
Nas100 New Entries + Exits (Best Reverse + Momentum Strat Ever)The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately.
All likes/comments and feedback are very much appreciated!
How to play my chart:
Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there.
The same exact thing goes for resistance sell/break plays!
Nas100 can dive under 13k againAt the end of March and the beginning of April, Nas100 had 2 failed attempts to conquer 15k important figure.
Since then the index has dropped 2k points and now it seems to be ready to continue its downward trend under 13k
The recent recovery is in a flag and a drop under the pattern's support can lead to further losses towards 12.5k
In the medium term I will remain bearish on Nas100 as long as the price is under 14k
Nas100 quick short opportunityTraders here is a quick sell opportunity on Nas100. We know price is in a strong downward momentum and bears do not want to give up their positions yet. We can expect price to fall a little more to the demand zone as price didn't completely reach the level. With this short position I will target 13200. It is important though to cut positions before 13200 as we approach the demand zone for safety.
Do also consider checking out my previous idea for you to have a clear understanding of why I am taking this short position.
Previous idea
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