Nasdaqidea
NAS100USD forecast 1st to 5th June 2020, Nasdaq IdeaHi,
as you can see i have made my analyses on Nasdaq, as it is going for short term Long position to fill the double top pattern, after that i am expecting it to go SHORT for long term on the next month and reach this level 8330.8, and if the price breaks below this level 7362.4 it will continue to the downside (anything is possible in the forex market.)
as closer view
SELL NAS100 - OPPORTUNITYLikes and comments if you want more trading setup. Thank you!
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The price seems to go up and
respect the up channel. But we
have a formed resistance.
What's the best decision?
I recommend you put sell limit
to 9435 in case it breaks resistance (SL9572)
If the price don't break the resistance
and go down, I recommend you put
sell stop at 9323 (SL 9426)
I'm going to do some update.
Don't forget to give like.
Nasdaq - why I wouldn't buy hereAs can be seen on chart Gaussian alligator can be seen to be opening bearishly on the weekly chart, with a possible rejection at the top of the ichimoku cloud, it may seem bullish at the moment but in fact this is very bearish. Short at your own risk, big players tend to take out shorts.
Nasdaq Composite Still LONG Nasdaq Composite stays in the long mode and tries just now
to make new highs.
For all who are in trades here i have marked some aereas
to watch.
In addition i have added a blue Trendline which is far away at the moment
but we have to look these line in the next week.
At the moment all okay for Longs.
Good trades
If you want to support my work please like them...
and if you want to know more about my trading style
please send my a boardmail.
Renkotrade
Good trades
NASDAQ 100 SHORT 1 HR Chart 23.10.Hello to all watching my charts.
Today i come back to my NASDAQ Future which is in SHORT mode
at the moment since yesterday,
There it has been a break of the major up long trendline
and after that a break of the major support
at
7940
Since then we are SHORT
First sign of strength should be a climb above the
upper shortttime trendline of my system at nearly
7875 at the moment
and also a climb above the small resistance from today
at
7880
If not Short is still the play.
Good trades
If you want to support my work please like them...
and if you want to know more about my trading style
please send my a boardmail.
Renkotrade
#NASDAQ 100, Will the declines stop?After an 8% drop, is it time to buy again? If the fundamental analysis is ignored and we focus on technical analysis, we will draw some conclusions:
According to the Ichimoku indicator, there is no change and the bullish model is still strong and stable.
The last drop in May was about the same amount of decline and you know the sequel ...
The 7600 has strong support of moving average 200 line.
Target: 8400
NASDAQ has completed bearish shark and turning bearishNDAQ has completed a bearish shark pattern.
The volume profile is showing that stock market traders are not interested to trade here.
The RSI is overbought and turning bearish.
The MACD was strong bullish but now it is turned weak bullish.
Regards,
Atif Akbar (moon333)
NASDAQ NQ1! 1 HR in a Range Trade 11:00 NYT a.m.RANGE
Today we do see Nasdaq in range bound
from 7560 to 7620
I have marked the range with 2 red lines for easy view.
To check an outbreak of these range we do need a fall below
the support 7560 or a start to new highs with an outbreak above 7620
Till one of these scenes will happen i suppose to do nothing.
After the decision its more easy to go in a long or short position.
As we come from a long scenario maybe the decision to the upside is
more likely than to the downside but thats not shure.
Good trades