Nasdaq 100 still going long after a short trap tomorrowLets wait till it comes back to supply zone, and then enter some more buys.
Nasdaq100signals
NASDAQ 100 STILL GOING LONG!I think today we making more highs again.
Yesterday was just a shake-off...
Nasdaq100 - SHORT; A one-way ticket to a > -11% drop!This has the same look as the SP500, not surprisingly - and for the same reasons. SHORT either one, or both, as it is a little difference without a distinction.
Incidentally, the DJIA is likely to go last but do the worst.
Again, little difference without distinction.
Nas100 in rising channel. Bullish.
Nasdaq's daily outlook is pretty straightfoward.
Currently trading in an ascending channel. Watch for the bottom bound of channel for reversal patterns for a long.
Watch for a breakout of the bottom bound, as well as a daily candle close outside of the bottom bound. At this point analysis turns bearish. with reversal targets at previous resistance levels.
NAS100 - Trading planYesterday I said to buy at 12575, today there could be another entry between 12631 and 12575.
The highlighted green demand zone is just in case if the market suddenly crashed, there will be great opportunity to buy.
--
This idea is based on my technical analysis only.
Do your research and trade on your own risk!
NASDAQ100 16TH OF DECEMBER 2020 PLAN.nasdaq created a new high which i really can’t tell if it has stopped but once i get a new high, i can wait for three types of pullbacks as usual.
first a small pull a break of the 78% - 61% and brc
second a medium pull a break of 61% - 50% and brc too.
lastly, the large pull which is a break of the 50% - 38%.
Note: at every pull there can be a bounce of that level for a bullish continuation so other confluences will definitely come to play which i will wait for.
if you loved my idea, leave a like, comment and follow me for more.
Nasdaq 100Nasdaq 100 - 4h analysis
Resistance Levels: 12041.1, 12260, 12463.1
Support Levels: 11776, 11442.2, 11200
#JustTradeFxOnline
Thanks for your love and support.
Don’t forget to like and comment for more.