June E-mini NASDAQ-100 Index futures finished higher on Friday after reversing earlier weakness. On Friday, June E-mini NASDAQ-100 Index futures settled at 7840.25, up 41.75 or +0.53%. The main trend is up according to the daily swing chart. A trade through 7879.50 will signal a resumption of the uptrend. The main trend will change to down on a move through...
I have long known that the Nasdaq 100 out-performs all indices and benchmarks. In fact, during the completion of the liberatedstocktrader.com crash detector system which I refined over many years I have learned that the 20-year return of the NDX-100 is 604% (from 1998 to present), compare that to the S&P500 which netted only 200%. If you are going to buy and...
NAS100USD is approaching its support at 6505 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 6954 (38.2% Fibonacci retracement, horizontal overlap resistance). Stochastic (89, 5, 3) is approaching its support at 7.09%.
Nasdaq 100 NDX Reading 2578 now - can come back to 7569 on the open but should hold hold up here if the day is to remain a good one....think it will be after a twitchy start. Marketmakers need to try shaking the tree to get some stock on board...don't think they will shake out much though - which should bode well for the rest of the day if correct. A...
I believe we may be near a market top, if you are like me you may be wondering where to sell. This is my attempt to analyze the current moves. I do think that the stock market is nearly in danger but that being said, it is definitely not a certainty that we have hit the top. I am not counting on any new highs though because in my opinion, we have already hit...
Nasdaq 100 Index NAS100 Although we managed to squeeze 299 points out of this short yesterday we could have got another 150 or so more had we stayed with it al the way down to the dynamic which has once again saved it. In doing so it has fallen 11% (6258 is 11% off the top, the low was 6254, not bad). A standard 'correction' runs to 9-11% and a bigger one...
Nadaq 100 Index: NAS100 Next Buy and Sell Points The last 3 declines on Nasadq were 339, 357 and 345 points. This one is now 354 points, so far - par for the course. Nasdaq is now flipping within the boundaries of the two fixed lines of support at 6696 (spiking below here by 20 points to 6676) and resistance at 6786 (spiking above here by 19 points to...
NASDAQ 100 Index NAS100 One impulse wave travelling inside a second larger wave. The smaller wave begins with the end of seasonal summer doldrums towards the end of September, with two strong sections (or smaller waves) of 300 -340 points each with a third wave now in play from 6250 - and a fourth likely after that, before the thrust and power of this wave is...
Nasdaq 100 Index NAS100 Nasdaq throws a lot of similar shapes to Bitcoin whose consolidation periods tend to last a few hours and no longer than 2 days maximum, but here the continuation patterns last a minimum of 2 days (last one) and more usually 8 days and up to a month. But the shapes are almost identical. Fast, sharp declines over 2 days, followed by an...
Nasdaq 100 short set up for tonight
Nasdaq 100 index is still very positive whilst within the parallels that govern the current impulse wave. If there's going to be a problem it lies 1% higher from here, as the Nasdaq Composite index reaches 6150. The composite index will need to break through it's restraining long term resistance line at this level for the Nasdaq 100's rally to remain unimpeded in...