Nasdaqshort
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
i am selling nasdaq at 7713.00OANDA:NAS100USD I Have checked my index and finally came to conclusion that I am going to sell, looking at the 1D chart a formation of a bearish movement seems to be continuing, though there is a possible retest to the 7773.00 area, my final confirmation to this pair is to sell it and hope for the best until my target at 7465.20
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 100 Short 4HR Expanded Flat Correction NQ1!Elliot Impulse Wave followed by an expanded flat correction with fibonacci analysis.
Wave (b) is 1.382 of wave (a) and wave (c) should be 1.618 or 2.618 of wave (a), which would align with the .382 or .618 retracement of wave 0 - 5
In addition, bearish divergence on the RSI with a HH on the price and a LH on the RSI.
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
Situation in NASDAQ 100 1HR Chart en of 03.04.2019Hello to all who watch my charts.
Here today i am check the the Nasdaq 100
A Chart picture says here more than 1000 words says a proverb.
This is good here.
The Nasdaq is in a fine Long Channel
I marked it red
with 2 first support zones at 7530 and 7545 last straight from today
What should you pay attention to:
The Channel should not be left behind in a downturn
If it is, this is either just a warning signal or a direct turnaround.
If the 2 supports hold, we would have a long chance again.
If not, in my eyes the Long is gone at first
Please keep in mind that trend reversals can come very fast either way.
Currently but nothing to see by Short
Good traded for all
Renkotrade
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.
NASDAQ SHORT Situation end of 8.03.2019As i described in the last post Nasdaq is now trading in these
Down trend channel i marked in red lines-
In these short channels bullish revovery is normal
even up to the upper trendline.
Some of the blue marked resistane zones has haltet the downtrend
for today.
In my 1 Hour trading System there has been some long signals
as we had today higher prices at the end of some 60 minute bars.
Bar by bar counted.
But thats important only for intraday daytrading.
In these posts here i try to give you an overview with little bit
longer timefreme than as we have in our1 Hourr trading system
Of course that is also very successfull , but its not possible to post the signals here , for that posts here in these forum are not quick enough
So under the line, Nasdaq is still a short setup but we we check the short
channel prices for next trading day you are able to see , that even if there will be NO furth fall down,
NASDAQ has a chance to go sideways out of the channel at around the 7030 - 7070 aerea.
Any break of these red channel upper trenline at end of a 1 Hour chart should
motivate you to buy back a short position.
If Nasdaq goes to 7060 and turns down again stay in short.
Sitation of NASDAQ at 7.3.2019 12:45 NYT SHORTNow the break of the first and second support line
has to be noticed as sort signal.
It hs recovered right now to 7100
We have to check whether a rebreak of the new resistance libe
of 7109 will work or not.
That could help us top check strength of the bulls and the bears
But so or so Nasdaq is now going down in a Short trend channel
for better view i have marked them in red lines.
That seems for me we are going further down.
Next comment wil be at end of todays trading day.
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.
Situation NASDAQ 8:00 NYT Decision Aerea Nasdaq has broken the long trendline yesterday.
Than this trendline i have marked in red is now resistance line.
At the moment ther has ben established a short trend with a short trednline i have marked in orange.
Now we have to check whether we have these breasks:
a) Break of the Blue support lines = Bearish
b) Break of the orange short trendlinie
= maybe sideways trending or coming back in long aerea if new trebndline up will be established
c) Break orange trendline and break also orange resisntance line at 7200 range = bullish and long again
At the moment the decision will take at the orange short trendline
= 7135 aerea at end of te day
We have to wait.