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Nasdaqshort

DOW JONES\NASDAQ - Tracking Minor Waves - Mania\FOMO Edition.Although I mainly use the waves for my analysis I do often look at other indicators such as how people behave. Lately I have seen some peculiar behavior. So far my analysis appears to be heading in the right direction so let's discuss what is happening. See related ideas below to see how we got here. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
FX:NAS100Short
by AriasWave
7
Nas100 AnalysisHi everyone, so the market has come exactly where I did say I will come on my previous analysis couple days ago. It was a slow stroll yesterday with all the reactions from the news. We are at a crucial point on nasdaq, a break of this 13585 resistance we will see a new high, 13700-13800, however the market may pull back before breaking this resistance. If we do come down and the market rejects to go back up and break the centre trend line then we can see a bearish momentum bring price back down to 12962-12751. Don't be greedy, have a plan, every plan will not go right especially during times like this where is very volatile and unsteady so be patient and don't let your emotions take over. Have a great day trading and if you want to learn you can always contact me, here to help you learn, grow and become profitable
OANDA:NAS100USD
by Tradeofgrey
Gold-Copper Ratio, (very) LONG; This WAS the top of equities ...... most likely. Let's reason for a second. (Despite all the noise out there.) The title chart is the Monthly Gold/Copper Ratio, e.g. is very powerful. (It does not tend to turn on a dime!) This has just completed the month of Jan. 2021. 1) It has finished the month by completing a Bullish Hammer, bouncing off of the (very) round number / level of 500; 2) It did so exactly at the 78% retracement of the March 2020 highs - i.e. Pandemic equity lows; Then, instead of continuing down (equities continuing to rally) it did turn "on a dime" and finished in a Bullish Hammer - raring to go higher, i.e. equities lower. 3) As of this moment, the above picture, provides one with two distinct possibilities. a) That massive (Monthly!!) Bearish Deep Crab is going to bear down it's target at the - very - round 1000, e.g. sending the SP500, Dow and Nasdaq to a better than >65% Decline; (Most likely!) b) This ratio is going to trace back, close to the March, 2020 highs - Pandemic Equity lows - where it's going to reverse and rise, once again. I.e. The test of the March, 2020 equity lows are going to hold. Either way, the significant take away here is this; Unless these most recent Equity Index highs are taken out very soon - e.g. with this next month - Equities are headed strait to test the March, 2020 lows, where the obvious question remains: Will those hold? Have a nice day and stay short equities! Here is the Weekly chart;
COMEX:GC1!Long
by Nemo_Confidat
DOW JONES\NASDAQ - Tracking Minor Waves - Wave E In ProgressIn this video I make sense of the latest moves in these markets using AriasWave. I am still bearish these markets and in this video I explain why these moves aren't bullish. If these markets were going to go higher I would be seeing the evidence but there are no signs of this happening. I do play devils advocate all the time which is why I am confident in my analysis. See related ideas linked below. Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
FX:NAS100Short
by AriasWave
NASDAQ Analysis Hi Everyone, Happy New Year. Hope you all had an amazing holiday. Looking at nasdaq I can see this market is about to drop. It is still go higher and higher. Again today it made a new high. However when we get build up like this, it eventually tips. Bulls- Next target for the buyers will be 13100, It may come back for a retest to 12921 before carrying on or may just be a fake break out and taking all the buyer out ready for a big bearish movement. Will wait for New York market if you haven't already entered. Bears- If the market does drop our target for the bears will be 12971. If we get a break here, the upward trend will break bringing market to 12463 or even 12236.
OANDA:NAS100USDShort
by Tradeofgrey
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.
OANDA:NAS100USD
by Tradeofgrey
1
$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.
OANDA:NAS100USDShort
by BodiesXWix