Nasdaq -> This Is The SetupHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that nas100 just recently perfectly broke above, retested and already rejected a quite obvious weekly structure area exactly at the HKEX:12 ,000 area.
You can also see that we are approaching another weekly resistance area at the HKEX:13 ,200 level, you can also see that nas100 just had a pump of about 15% towards the upside over the past couple of weeks, so I simply do expect a short term correction back to the HKEX:12 ,800 area and then a next impulse towards the upside from there.
On the daily timeframe you can see that nas100 has been trading in a range over the past couple of days, I am also now just waiting for a deep retest of the next daily support zone at the HKEX:12 ,800 area and then there is a very high chance that we will also see more daily continuation towards the upside from there.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Nas100signal
Nasdaq100- 13700 is callingAfter the final touch of support at 10600 in the first days of 2023, Nasdaq has started to rise in a pretty constructive manner.
In the last days of March, the technology index also managed to pass above 13k, and several days of consolidation followed.
Yesterday, this 13k new support is confirmed again and it seems like the index is ready for up continuation.
My strategy is to buy dips close to 13k with a target at 13700 resistance.
A daily close under 13k would negate this bullish scenario
NAS100 Possible rise to monthly resistanceInstruments : NAS100
Possible direction : Bullish
Technical Analysis : On the daily Price has just broken out of bull flat after liquidity grab, 4h has just grabbed liquidity from the support. Monthly and weekly long term bullish pattern may drive NAS100 to month resistance zone.
Possible trade recommendation : Bullish
Fundamental : Negative CPI has driven NAS100 to the upside
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Nasdaq -> Time To Go All InHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nasdaq is approaching a quite obvious weekly previous structure area exactly at the HKEX:13 ,500 area from which we could see a short term rejection.
You can also see that we are currently quite overextended towards the upside on the weekly timeframe so I am now just waiting for a deeper retest of the weekly zone and then a short term correction towards the downside.
On the daily timeframe you can see that price action recently is very bullish so I am now just waiting for another push towards the upside and then I am waiting for some bearish rejection to short Nas100.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
NAS100 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NAS100 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Nasdaq -> Time To Start The RallyHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 is looking insanely bullish. We just recently created a weekly double bottom and already broke above the neckline, confirming this whole pattern.
You can also see that we are already starting the continuation towards the upside, in my opinion there is a quite high chance that we already saw the bottom of the bear market so from here I just do expect more continuation towards the upside.
On the daily timeframe you can see that Nas100 just recently also created a daily double bottom so I am now just waiting for a retest of the neckline and then also the next push on the daily timeframe.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
NAS100 remains bullish and bulls are matching higher!Hello traders,
Nas100 is moving according to how I predicted in my previous ideas. Finally today, the index broke above the falling wedge. At this point, I predict a strong impulse to the upside and bulls may first target the February 2023 high of 12883 and possible reach to the August 2022 high of 13700. We also need to take in consideration that the index printed a triple bottom on higher timeframe and this needs fulfillment. It's also important to keep in mind that the market can change structure especially when we are faced with Fed rate hike in few days. With that in mind we want to carefully observe how the market will react to this event next week and adapt accordingly when we see a change in price action. Otherwise, as I stated it in my previous ideas, I am very optimistic with the bullish momentum and bulls may want to use this moment to flex their muscles.
On higher timeframe, I noticed a formation of a triple bottom as shown on the snapshot below. The index broke the neckline, we saw the retest of it and bounced up strongly from the zone.
13 March 2023 Idea (Link below)
14 March 2023 Idea (Link below)
Have any thought or different view on the index? Be kind to share your opinion in the comment section below.
Trade smart!
NAS100 |Demand zone remains intact, watch out for CPI data!As I stated in my previous analysis, NAS100 has reached a significant level, a demand zone where price reacted a number of times in the past acting as both support and resistance. We noticed a spike to the downside through the support level during yesterday's trading sessions which only ended the day with an indecision candle. I believe buyers would not give up so easily in defending the demand zone. We also need to consider that CPI data is set to be released today and this will definitely act as a catalyst which will impact price action. In spite of everything, my bias still remains bullish, unless we see a clear violation of the demand zone.
In the event where my bias will meet clear bullish confirmation for entry on lower timeframe, I will consider taking long positions with two targets in mind, 12463.0 and 12726.1.
I encourage everyone to do their own analysis and not take my word for it and also keep in mind the CPI data to be release latter today.
Be safe!
NAS100| Look for buy opportunities from the demand zone!NAS100 has reached a strong demand zone. Price bounced up several times from this zone. There's higher chance that buyers will defend this zone again. My expectation is that the index will bounce up from this zone. We can also see that the index is trading within a larger falling wedge. Buyers may push price up from the demand zone to the resistance of the falling wedge.
We can look for longs targeting 12400 level.
Please do support this idea with likes if you find this helpful.
Nasdaq -> Ready For The BullrunHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 is currently retesting a quite obvious weekly support/resistance area which is turned very strong support once again.
You can also see that we recently broke above a down-trendline, created a double bottom and had a bullish ema-crossover, which are all very bullish signs, so from a weekly perspective I just do expect the continuation towards the upside.
On the daily timeframe however you can see that we are currently creating bearish market structure, so I am now just waiting for a bullish break and retest of the next resistance zone, before then also the daily timeframe looks quite promising for the next rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
NAS100 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NAS100 bullish bias. Bulls target 12740NAS100 is moving within a larger falling wedge pattern. Higher timeframe bias is extremely bullish. Bulls are now eyeing the resistance of the falling wedge. I expect price to keep on increasing and eventually breakout of the falling wedge and continue rising to 12740.
Traders, if you find this idea helpful please be kind to leave a like.
All the best for this week.
US100 is on sell positionUS100 making HH and HL, just take an entry and get some profit
US100 sell at 12322
TP 12210
SL 12370
Nasdaq -> Please Listen To MeHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
From a weekly perspective, the Nasdaq in my opinion looks extremely bullish. We just created a double bottom with a break above the neckline and last week we already started the continuation towards the upside.
We are also having a bullish weekly ema crossover, all things pointing towards the beginning of the next bullmarket so on the weekly timeframe I just expect the continuation towards the upside.
On the daily timeframe we are currently retesting previous support which is now turned resistance so I am now just waiting for a break and retest of the resistance area which is then turned support and then the continuation towards the upside looks extremely likely, also from a daily perspective.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
NAS100 | A rise and then fall to 12021.50| ShortNAS100 is aiming for liquidity above 12158.09 and then fall to 12021.50. As mentioned in our previous idea, NAS100 bias is bullish on higher timeframe. A violation of 12158.09 will imply that buyers have gained control of this market and NAS100 will switch bullish on lower timeframe to align with the higher timeframe trend. If it cross above 12158.09 today, for me that would only grab liquidity and fall to 12021.50. Because the market is closing today for the weekend we are interested to see bullish momentum unfolding as from next week.
We will be monitoring price if it can fulfill these few things for clear confirmation for us to be able to engage in this market as from next week.
If you guys find this helpful, please do support this idea with likes.
Do also comment below as to what you think will happen to NAS100 as from next week.
NAS100 long from demand zone to 12000!The index made a strong bearish pull back into 11810 demand zone from the February 2023 high. Overall bias is still bullish, from the demand zone I anticipate a short term increase to 12000.
Please do support this idea with likes if you find this helpful.