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.
Nas100signal
(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
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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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Nas100 remains vulnerable to the downside|New UpdateHey traders,
This is just a quick update on our Nas100 projection. Yesterday I mentioned of why I thought it would be relevant to look for short positions on Nas100. My bias still remains although there were no much movement Yesterday despite some whipsaws that we saw during New York session yesterday. As technical traders, we should always scrutinize and follow new market developments. When new developments unfold we should be swift to change our positioning.
As of now, the change in trend will only be determined how bulls react today. If they successful push price beyond the falling channel then it would signal a change of trend. As long as price is within this falling channel, sellers will continue to press and their focus will be the demand zone at 13000.
I know you friends would have different opinion. I think it is best to also make it clear that this is my opinion and it is mine alone. Hahahaha. I would respect your view and will never want to criticize it because what one sees in the market others would see it differently. Technically speaking, we all have different trading strategies, styles and market approach. That's why there's a winner and that's why there's a looser. We all can't win or loose at the same time. That's what makes trading fun. We trade what we see, we trade our plans.
In addition, my ideas should only be viewed as expression of thoughts and opinions and not investment advice.
If you find my ideas helpful, please do not hold back your appreciation with likes. To share your opinion just remember to be kind here and clearly state why your opinion should matter.
Thank you!
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 Entries + Exits!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 Buy opportunityHey traders, here is a quick analysis on Nas100. Price got a strong rejection at 13100 and bounced up and it broke above the descending channel that kept it in a sloppy downward momentum.
Stock futures were higher early Wednesday morning as investors continued to assess a surge in commodity prices and high inflation while the war in Ukraine continues.
Futures tied to the Dow Jones Industrial Average rose 365 points, or about 1.7%. S&P 500 futures climbed and Nasdaq 100 futures also each gained 2.7%.
Giant stock markets shows a sign of improvement. Might this be the end of the selling momentum for the stocks? Only time will tell.
In a short time, I predict Nas100 to rise with two targets in mind 13637.52 and 13809.23 if possible it might reach 14200.
Friends I will appreciate it if you show your support of this idea with likes. Also do take time to view my previous analyses by following the links below to gain insight of my predictions.
If you have any thoughts please do share in the comment section below.
Nas100: Important levels to carefully watch and update!Hey traders,
Talking from my previous idea, I mentioned that Nas100 was really in a strong downtrend and the momentum made it challenging for the bulls to push price higher. With the Ukraine-Russia war which intensified we could only watch major U.S. stocks getting major blows in the past days. The market being driven by fear as investors continue to digest of what's to come, investors are finding refuge in safe haven assets and obviously withdrawing their funds to invest in assets they have certainty of producing value to their capitals.
If the tension between Russia and Ukraine continues to escalate, we can expect the worst in the stock market. We will carefully monitor talks and negotiations between these countries, any sign of improvement we might see the stock market turning to normality again which will in turn boost the Nasdaq100 index.
Nevertheless, I am carefully watching important levels where I think there would be major turning points for Nas100. Around 12900 and 12300 as marked on the chart. This is according to the technical aspect of the index. See the higher time-frame ascending channel that we been singing for months, from the time of the breakout Nas100 had been in a downward momentum to fulfill this channel. We been carefully watching for Nas100 to find footing on one of the lows. Whenever each low got violated, Nas100 continued to move down.
We should keep in mind that the index is more weighted on the fundamental and geopolitical events at this point in time. Whatever the market digest from this, we can expect the outcome. We do not want to rely only on technical analysis but also paying attention to the world events as well and assessing how investors are reacting to this.
Congratulations to everyone that took advantage of my previous idea and benefited from this. Make sure to follow for future update.
Previous Idea 💡
Outcome (+700 Pips move) ✅
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