the future of NASDAQ 4hrnasdaq heading for $9000 region after forming a new buy trend gaining weight under the midst of covdi19 fears
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Nasdaqlong
NASDAQ | Bullish momentum but until when?- In the 1h timeframe we are able to see a clear bullish movement with increasing tops and bottoms.
- Price is above SMA50 and SMA200.
- Volume: In every consolidation so far we see a small depression but every time when the bullish trend has begun, volume has increased as well.
- Strong support zone at 7750 and strong resistance zone at 7870-7900. The next big challenge for NAS100 is to break the significant resistance at 7990.
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 bouncyNASDAQ looking bouncy, drop too sharp a bounce is likely. This theory is supported by a hidden bullish divergence on the weekly chart, in which RSI makes lower lows while price makes higher lows. Will probably go lower after, yet still a nice flip opportunity. Pamp it up! PT on chart.
MELI LR AnalysisStrong linear regression uptrend, 0.86. Alligator can be observed to be 'eating' meaning price is moving more often rather than being stagnant.
NAS100 Next Move PredictionThe long awaited drop finally came into play last night, after a long day of a choppy market and trading side ways, we have finally gone bak to test the major support on 916X Region, which has faired pretty well.
Confluences taken into consideration
1) EMA Currently above current market price.
2) Shooting Star on daily time frame.
3) Multiple Trend lines aligning, creating paramaters to work within
NAS respecting the ascending trend line, i predict a further drop past the current current support and a potential long swing.
The only concern with regards to news, which might push it further down is regarding the Coronavirus which is now widespread and have investors on their tip toes.
NAS100 new High ?? or pullback??In this scenario if the price breaks the chart pattern we can likely see a fall to 7000$ or if it stays above 8000 soon a new high could be seen
NAS100 4h Buy setupprice might make a slight pullback to 7829 or even to 7793 before it pushes up again. will place buy limits at those levels, targeting 8034/8079 then maybe 8124 . SL around 7750 . Lets see.
#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 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
NASDAQ LONG 30 MIN But Possible below 7347 Trend brake NASDAQ is still long of course at it is more than 1 % PLUS today
But please check these 30 MIN Chart.
We have to pay attention on the 7347 Level aerea
If it breaks ot end of a 30 MIN bar below that
in my view these long run has gone and we are
(maybe only short time) directly in a SHORT setup
cause we have a double top which is broken.
At the moment it isnt but watch out that level !
--
These information is not a recommendation to buy or sell. It is to be used for educational purposes only .Alllways do your own research---
NASDAQ LONG 12.03.2019 2:pm NYTNasdaq has a strong gain yesterday and broke out of the short trend channel
i had marked.
Than there starts a real rally after 12:00 yesterday and today
we are in a consolidation mood.
Of course still Long.
It will be interested to see whether the Nasdaq will hold these
strong long trendline ( i have marked now in thick blue ) or not.
Than we have to check if Nasdaq brake down after the trendline break that or not.
But there are a lot of support zones which could hold them up at
at around 7205 and lower at around 7150
This level we knew had been resistance from 7.3.2019
and taken out yesterday.
So at the moment nothin elso than long is the setup.
Dont made the mistake and go short if Nadaq breaks the trendline.
That would only shows us that the strongest way of these rally
maybe has been done now.
--This information is not a recommendation to buy or sell. It is to be used for educational purposes only .Alllways do your own research---
NASDAQ 15MIN end of 9.3.2019 Possible trend change RENKO LOOKHere we have a look at Nasdaq end of 8.3.2019 trading in a renkotrading system intraday 15MIN frame now.
As you can see easily Nasdaq has taken out yesterday some
short resistance levels at 7035 - 7055
On this short time frome of 15MIN we have an established long trade now.
On the bigger look its still short.
But if NASDAQ till climbs on mondays trading till end of the day
above the 7055 - 7065 range the situation changes to neutral
intraday and even more if NASDAQ can climb over 7110
In that case NASDAQ would be no longer a short setup.
Sitaution NASDAQ end of 5.3.2019 Still long difficult forecastAt end of today we have these situation:
One the one hand Nasdaq is trading in a new long channel
(here support in blue line and resistance in red line)
BUT as you can see i have taken in the new resistance at
7170 which comes form the high of 25.2.2019
and at the end of today trading the last hour has exact set up to that level and comes back from that now.
2 hours ago Nasday has broken that resistance but failed to hold it and at the moment its not clear whether
that ha sbeen a true break for tomorrow or a false break.
But under the line its a long setup at the moment.
