Nasdaqshort
NAS100 AnalysisHi Everyone. Nasdaq is currently approaching 12656 zone where price had come only last week at new high. The market will either break this new resistance pushing price higher or respect it and let the bears right back in. If we get a break, our next new target for bulls will be 12821 according to the channel, as we are still in a upward channel and it has respected it so far very well. However if we fail to break through this zone we can see the bears push the price back down to 12463- 12318.
Tip: This may create a double top pushing price right down. So far double top formation looks perfect- only missing the right leg. Again Nasdaq new highs are in its genes. So prepare, have strategy in place and follow it. Don't trade blindly- Nasdaq can make you a winner if you trade it correctly
All the best guys.
Nasdaq US100 Short position analysisNasdaq
- On the Daily timeframe price is rejecting from the bullish trend with confirmation of daily bearish engulfing candle.
- A Sellstop after breaking the resistance level will be targeting the 0.5FIB Key level or the 100MA
- A clear bounce out of the 14RSI from Resistance level to target the support Level.
Note : for longer target i will hold short positions till 0.236 FIB (11142.00~11152.00)
NAS100 Analysis Hi Guys, Today I feel we will get some more bearish momentum. A break at 12229 we can seen NAS go to the next target 12098 and a break here would bring it down to anywhere between 12098-11786. As for the bulls if we fail to break and go back into the channel we can see bulls coming in taking the price back to 12476, A break there we can go back to 11667.
$NAS - 20 TICK SHORT AT 12528Theres a few "brekers" the lowest being at 12528. The liquidity run gave the go to trade short. Target 1 would be the next nears low. If you want to hang on or take percentages of profits and aim for lower lows would be another strategy. I'm just giving something I see that should be an easY 20 point tick short.
Once it hits the order block there will be a bit of a struggle and I wonder if it will make it lower, but with the bearishness that NAS is having at the moment it will probably break through.
NAS100 AnalysisNAS100 Analysis
In line with my previous post, We are waiting for a break of the triangle, If the triangle break up then our target will be 12099, A break out this key line we can see bulls come right in taking nas anywhere between 12099-12398. However a break of the downside of 11821 then we can see it come down to 11610 or 11507. Be be advised it will use minor key levels aswell which i havnt drawn. These are only major key levels
NAS100- Daily TimeFrame AnalysisHI Guys, Hope you all had a good trading day yesterday. I will be releasing my daily analysis very soon. Firstly id like you to see what is happening in the daily. It is important to see what is happening in the higher timeframe to be able to execute on the lower timeframes.
We have a triangle that has formed and its been respecting this triangle very nicely. We have had couple of fake break outs from this triangle and they were quite a big 300 pip moves but each time they failed and came back in.
Now that you have seen this triangle im sure you all see the lower timeframe a lot differently and you have a zone to trade in. Weather you are waiting to trade when it breaks or trade inside the triangle , you have a clearer picture to plan.
NAS100 AnalysisNAS100 Analysis
Will we break 12110 today to bring the bulls right back in?. or break through 11901for a bearish momentum. If we do break 12110 then next target will be 12259, as for the bears 11900-11653. It may come down to find support before going back up. You must understand how to use support and resistance to be able to profit from these analysis. These are key major S/R but there are other minor support and resistance that are not drawn on the chart that you must be able to identify and draw yourself. I dont draw all the minors so people dont get confused with alot of lines.
NAS100 AnalysisNASDAQ Analysis
HI Guys. We are still consolidating on nasdaq. We really need a break soon to know exactly where this is going. I am very inclined towards the sell but anything can happen when market is consolidating. We are still at a crucial point on the daily where is may even break out the triangle and go for new highs. Or it may fail and we may see some bearish movements. We can only plan and prepare and be ready.
For the Buyer: 12059- 12218
For the Sellers: 11926- 11786
NASDAQ I'm waiting for a solid decline over here on the Nas100! If you think I'm wrong please advise on the comments below I would love to hear from you guys.
Either way let's await a confirmation!
NB**Please don't take my opinion as financial advice. If you do so, it's in your own discretion.***
Nasdaq- Sell on confirmationAfter 1000 points drop from 12.500 top to 11.500, Nasdaq recovered some of the sosses and is trading at the time of writing above 12k figure (12040)
I expect a new leg down from the technology index and a new drop to at least 11500
A drop under 11900-12k zone would confirm this outlook and a rise above 12250 would negate it
NASDAQ PLAN FOR TODAYThis is what I am looking at today, if it doesn't play out, I will look for another entry point.
NAS100 AnalysisHI Guys, The market is still in the uptrend and is currently in a consolidation. Today we will hopefully either get a break of 11987 to reach 12127 or we will get a break down out of the trend at 11800 to reach 11705-11585
NAS100- AnalysisNAS100 Analysis
Nas100 currently in a uptrend on the 45min chart. However for the bulls to continue, we need a break of 12000. A rejection at that point will mean we will see bears coming in and breaking out the trend and creating a new downward trend taking it anywhere between 11800- 11586.
Nasdaq - Short opportunityIt seems that the market has made a big channel that we are waiting to break to the level I marked on the chart with a strong push then we can enter the downward trend and make a good profit
Happy Pips
Good Luck :)
Nasdaq- I'm more bearish than 2 days agoIn my weekend comment, I said that I'm bearish Nasdaq and I expect a drop sooner rather than later, and looking at the daily chart after yesterday's vaccine news I become more bearish.
After the hanging mean which concluded last week's run, yesterday we have a very aggressive reversal day that engulfs all Friday's rise and this for me is a clear signal that bulls lost control, vaccine, or no vaccine.
I will look to sell above 12k figure and as a target, I look for 11k zone but I wouldn't be surprised if it drops to 10k in the medium term
SHORT INTRADAY AT 12121 AND TAKE PROFIT AT 11925SHORT INTRADAY AT 12121 AND TAKE PROFIT AT 11925
mARKET UP ON bIDEN wIN BUTR REMEMBER HE WANT TO UP THE TAX ON TECH
ANYWAY I ONLY PLAY THE PULLBACK FOR NOW BEFORE THE FOMC/FED OR ANY NEWS ABOUT SENATE OR HOUSE FOR ELECTION
WHILE HE WILL TOUCH MY TP I WILL NOT CUT BUT MADE A TRAILING STOP
SO I ENTER WITH 2 X1 LOT
THE FIRST LOTR I WILL CUT ATR AROUND 12000 FOR FULL PROFIT AND THE OTHER I WILL PUT A STOP AROUND 12080 AND EVERYTIME IF HE DOWN I WILL ADJUST IT
NASDAQ - Possible correction inboundChart is self explanatory. also look at our previous ideas on Nasdaq here
