Get started

Nasdaqpriceaction

Nas100 continues to be vulnerable as Ukraine-Russia hook hornsTraders, congratulations to everyone that followed and took advantage of my previous analysis. You can check this out by following the links below. PREVIOUS IDEA (+900 pips taken) 👇👇 U.S. stocks rose higher on Thursday during the New York Trading session as investors are finding refuge in large-cap tech. Technically, The market is currently in a strong bearish momentum, we might still expect a move to the downside. Lower highs and lower lows still seems to be intact. Unless, otherwise the 14000 high and psychological level is breached to the top, and bulls defending the level that is when (probably) see a change in a trend. I will look for clear confirmation during the day especially during the New York session. Investors are also monitoring the tension between Russia and Ukraine. As the tension continues to escalate, we need to carefully monitor how the market will digest to the geopolitical situation. Traders, I will really be thankful and continue sharing ideas if you show your support by liking this idea. ❤️❤️❤️
FX:NAS100Short
by Forexintelligence_NA
1
Nas100:Completion of recent correction and we might see a bounceHello friends, we back again. My previous expectations on Nas100 didn't go as I expected, instead price continued to decline. I had to take a closer look at it once more and also going deeper into the history of the index. Many times the index corrected itself deeply, that gave greater opportunity for investors and price rallied thereafter. Without surprise we saw the index bound up within a wedge formation from November 2021 and price had to swing up and down within the wedge. So what I present here is merely an idea and this idea or perspective is mine alone. You making investment decision from this should spring from your own choices and decisions. Looking back to recent history, we see that price corrected itself in January 2021 after a strong impulse (I), the correction wiped off at least 12.55% of the index gains. In April 2021, we see another correction which wiped off 8.23% of the index gains. In September 2021 the index corrected itself again wiping off 8.70% of it's gains. Looking at the recent correction, we see that Nas100 dropped with at least - 10.28%. Should we expect more decline? Yes, No? Please share with me your thoughts in the comment section below. Let's share ideas friends. Remember not to take mine as conclusion to invest. I have a feeling, that we could see Nas100 bouncing up around 15000-15080 level and that this could be the last bottom for January 2022, seeing that it has nearly reached the 200MA. If you like my thoughts here, please show your appreciation with likes.
FX:NAS100Long
by Forexintelligence_NA
4