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Nasdaqanalysis

NASDAQ 100 LongNasdaq has been climbing since today's news released at 12PM GMT ,Tesla reaching record levels of $1,500 pushing NAS past $11,000. Today's news rallied the stocks up to record highs and price action broke out of a current uptrend channel,with the news over we are looking for long positions after a re-test of our level at $10,876.7 + 0.5 fib level. We will see where NAS decides to go after re-tests and more effective news coming towards the end of the month with Earning reports of major companies. BIAS: Currently Bullish,looking for re-test and continuation upwards depending on US corona situation and news.
OANDA:NAS100USDLong
by fxdiligence
NASDAQ - NEW BULL MARKET CONCEPTWhat if they want you to think the world is ending? The problem with assuming is that you just end up losing. Look closely at the subdivisions of these waves and tell me are they all they appear to be? Open your mind to the waves and see for yourself how they fool you into believing they are something they are not. Like an illusion. The V Shaped recovery is classic E Wave behavior. Just see the long trade setup as proof. These are fractals after all. Same at all degrees. Please stay tuned for further updates on this theory. The Long trade setup still applies as long as 9508 remains in place. Please LIKE and FOLLOW to get notification of updates and future posts. See my related ideas below to see how we got here.
FX:NAS100Long
by AriasWave
The BEARS are LURKING in the MARKET.The NASDAQ Composite it’s showing sign of weakness now, but despite of the two last red candles, it’s still a bullish trend . The price is trading inside an ascending channel, and it found support at the purple trendline again. The price is trading above the 21 ema and above the previous top zone, which is evidenced by the pink line. It lost today the 8950 (thin blue line), and now the bears will have to struggle to break out of this channel. We need to look at the hourly chart for more information: The price found support at the green line (previous bottom), and in the end of the day it did a bullish pattern . We must wait for some confirmation tomorrow, but it’s easy to imagine NASDAQ going up to that blue line again, or testing the 21 ema, then we will see if the bears are serious here. On the other hand, there’s a possibility the bears will break free from this ascending channel without testing any of these resistances, and if that’s the case, it will seek lower supports , like the red line in the daily chart. Remember to follow me , I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
TVC:IXIC
by Nathan_The_Finance_Hydra
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