Nasdaq onwards and upwards to ATH at 16,500Extended W Formation has formed on Nasdaq.
SImilar to Dow Jones.
They seem to be leading indices which could drive up the JSE ALSI 40 along with it.
We need to bne open minded for potential change ahead but trade according to what we SEE rather than what we feel.
Other indicators are showing upside to come.
7>21>200
RSI>50
Price breakout downtrend
Target 16,500
Nasdaq100long
NASDAQ 100 Analysis! Will it Reach 14000 ?NASDAQ 100 Weekly Analysis!
Bullish View on NASDAQ 100!
NASDAQ 100 Expecting 14000 Level!
NASDAQ 100 Moving as per Double Bottom Pattern Analysis!
NASDAQ 100 formed a Double Bottom Pattern after a decent downtrend. The index gave breakout to the neck level and did retest to it. After that index moving in upward direction. Now price is moving in a range like strong consolidation is happening inside this range. The RSI also in uptrend and taking nice support on the support trendline. As per Double Bottom Pattern Analysis, I have projected the target at 14027.85 level. Hope the index will touch 14000 level in upcoming weeks.
Nasdaq100 What Now Episode 153Brand new day. It's "Wednesday" in Nasdaq100. Not the best days.. especially since the news mostly interupts. The lady is still in a downtrend-range.
One that is filled with, Lhs and Lls. My bias remains bearish till a CIS (change in structure) which is: a break past Lhs and new Hhs/Hls are visible.
Let the market decide, always!..
December: 2W (2 trades)
NASDAQ 100 Long: Bullish Engulfing Candle at LHThe trend is upwards on 15 min chart.
Bullish Engulfing candle at the LH will now move towards the next HH.
NASDAQ100 Long I believe that NASDAQ100 is going to retest support then go up to resistance and retest support again before exploding upwards for a long