Lazyluchi Trades Nasdaq EP 31In my analysis of the Nasdaq100 chart, I'm observing an intense showdown between bulls and bears. It's been a volatile ride with sharp rallies and sudden pullbacks, creating significant resistance around 14,900. The critical question now is whether the bears will successfully breach the new lower-low at 14,442, or rally above to create a new higher-high..
Nasdaq100
SQQQ's Steep Drop From Yellow Sell ZoneIn my previous update I emphasized that this yellow sell zone is a very strong resistance level for SQQQ. There was a lot of uncertainty surrounding the Friday jobs data, but the data came in very strong and almost double expectations. This led to a bullish rally for TVC:NDQ and SP:SPX that led to steep bleeding for SQQQ. I predicted that SQQQ will drop below the green support level over the next few months, these are my updated price targets on the way down.
"Cisco's Earnings Report: NASDAQ Watch"Cisco's NASDAQ Surge: A Bullish Day
Cisco (CSCO) is witnessing a bullish trend today on the NASDAQ. The stock's robust performance is attributed to an impressive earnings report, which exceeded expectations. With a surge in demand for networking and cybersecurity solutions, Cisco's revenue and profitability have soared. Technical indicators, including the Relative Strength Index (RSI) and Simple Moving Averages (SMA), confirm the bullish sentiment, showing strong buying momentum and positive trends. As businesses increasingly rely on digital infrastructure, Cisco's position in the tech sector appears sturdy, making it a stock to watch for those seeking opportunities in today's market.
"Microsoft's Quantum Leap: How Quantum tech can shape the futureMicrosoft's Quantum Leap: A Bullish Trend on NASDAQ
Microsoft (MSFT) is experiencing a bullish surge on NASDAQ. The Relative Strength Index (RSI) for MSFT indicates strong buying momentum, with levels well above the 70 threshold, signaling an overbought condition and potential for further gains. The Simple Moving Averages (SMA) show a golden cross, with the 50-day SMA crossing above the 200-day SMA, a classic bullish signal. This suggests strong upward momentum and investor confidence in Microsoft's strategic investments in cloud computing, AI, and quantum computing. As technology continues to evolve, MSFT appears well-positioned for sustained growth.
NASDAQ100 UPDATESAre we seeing pullback or we just go higher on this moves?
I have 2 options on buying zone.
Trade at your own decissions.
Some Trades are perform on my public community.
This is not a financial advice.
We hit 15000 target last friday.
Probably my hit zone next is 15200 only if price has momentum.
NAS100 H4 | Tech under pressure?The Nasdaq 100 (NAS100) is rising towards a pullback resistance and could potentially reverse from here to drop lower towards our take profit target.
Entry: 14877.90
Why we like it:
There is a pullback resistance that aligns with the 38.2% Fibonacci retracement level
Stop Loss: 15132.35
Why we like it:
There is a pullback resistance that aligns above the 61.8% Fibonacci retracement level
Take Profit: 14496.90
Why we like it:
There is a swing-low support level
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US100 Technical Analysis and Trade IdeaI'd like to share my insights on the US100. As the week is coming to a close, it's important to be mindful of potential stop runs by institutional traders, which can be quite aggressive on Fridays. Additionally, we have the Non-Farm Payrolls (NFP) report scheduled later today, so if you're considering trading, exercise extreme caution.
These remarks are more in the context of a potential trading setup should we witness a retracement today, possibly setting the stage for Monday. It's crucial to remember that the information in this video is intended for educational purposes only and should not be considered as financial advice. Please ensure that you apply robust risk management techniques when engaging in trading.
Wishing you a wonderful weekend ahead!
NASDAQ Elliott Wave Analysis for Friday 06/10/2023The primary expectation is that wave X has finished and that we are doing an ABC pattern down as wave Y. We see two equally valid scenarios. Firstly, we might have finished wave Y as an ABC. Secondly, so far we only finished wave ((a)), wave ((b)) is ongoing as a triangle, and wave ((c)) is still coming.
NASDAQ Elliott Wave Analysis for Thursday 05/10/2023The primary expectation is that wave X has finished and that we are doing an ABC pattern down as wave Y. We see two equally valid scenarios. Firstly, we might have finished wave Y as an ABC. Secondly, so far we only finished wave ((a)) and wave ((b)), wave ((c)) is still coming.
Trend reversal to the UPSIDE if Nq! Holds 100 EMA on DailyLooking at today's Bounce with high Volume, the Nasdaq futures have again reclaimed 100 EMA on the daily timeframe. There is a very high probability that Nasdaq Futures will go higher in coming days and test 50 day EMA. If it closes above 14,809 tomorrow, then this is the trend reversal and we are again in the bullish trend. Keep an eye on the 100 EMA, if it looses then there will be a lot of selling to the short side. As of now we are very bullish in coming days till Friday. And then we can analyze the closing of the week.