Nasdaqsignals
NASDAQ broke above the 1W MA100 after a year!Nasdaq (NDX) is extending the bullish trend inside the short-term Channel Up as mentioned on are recent idea two weeks ago (see below):
Today the index reached a very important benchmark as it broke above the 1W MA100 (green trend-line) for the first time in more than 1 year (since the 1W candle of April 25 2022). This was a critical Resistance as it rejected the uptrend back on the week of August 15 2022. With the 1D MA50 (blue trend-line) supporting and the Channel Up that started in December intact, we see a Resistance test of the 13730 High as inevitable, so there is your short-term target if you are looking for one.
On the longer term, since the February 02 Higher Highs trend-line broke, the Channel Up can target the November 15 2022 Higher Highs trend-line. A typical +11% rally within this Channel Up can easily target this trend-line, so now we are setting a 14100 long-term target on Nasdaq. Especially if the 1D RSI breaks above its own Lower Highs trend-line.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
US100 - Short SignalUS100 H1
We are challenging high prices here on US100, where this 13430 resistance price is looking like a solid sell zone. Nice rejections first time round dated 12th May once we saw that hourly top exhaustion. We need something to catalyse an upside break, most stock indices sitting on resistance prices, needing that justified surge to break upside.
US figures later for retail sales, this could cause some interesting moves, but on a technical basis I'm looking for shorts. If we can grab a short entry from that 30 price ahead of figures, that could be attractive.
Nasdaq -> Obvious Top FormationHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 is currently approaching a quite obvious previous weekly structure area which is now turned resistance exactly at the $13.500 level.
You can also see that from a weekly perspective, Nas100 is a little bit overextended towards the upside and in my opinion we are ready for a short term correction before we will then see more continuation towards the upside.
On the daily timeframe you can see that Nas100 is currently forming a rising wedge formation which is always considered a reversal sign, so I am now just waiting for some bearish selling pressure before I will then enter a short to capitalize on the next dump towards the downside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
US100 14May2023last week the performance of the Nasdaq was in accordance with the analysis, still continuing the bullish trend. the bullish trendline also supports the analysis with a bar movement with a slope of 45 degrees, we take the opportunity to buy next week
NASDAQ Still bullish with 2 scenarios within the Channel Up.Nasdaq (NDX) continues to trade within the March 20 Channel Up and is approaching the 4H MA50 (blue trend-line), having had the last rebound on the 4H MA200 (orange trend-line). The price action is starting to look a lot like April where a Channel Down took the price to the Channel Up bottom and then had a +4.50% rebound. If this prevails we will add a new buy on the 1D MA50 (red trend-line) and target 13400. If the price though closes above 13300, it invalidates this and we will buy the break-out instead, targeting 13500 (+4.50% rise from the bottom).
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
NASDAQ Bullish within a Double Channel UpNasdaq (NDX) has gone a long way since we called for a rebound on the 1D MA200 on March 17:
Right now the uptrend has slowed down as the Channel Up that started in December has transitioned into a much less aggressive Channel Up, supported by the 1D MA50 (blue trend-line) that is targeting 13500 as part of its Higher Highs process. The 1D RSI which is trading within a Triangle of Higher Lows and Lower Highs can be a guide for buy and sell entries.
If the price breaks above the February 02 Higher Highs, we will increase our buy exposure and target the 13730 Resistance (August 16 2022 High).
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Nasdaq -> Short Squeeze ComingHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 just recently perfectly broke above and with last week's candle already retested and rejected a quite obvious previous weekly resistance area at the HKEX:12 ,800 level.
You can also see that as we are speaking, Nas100 is approaching the next major weekly structure area at the HKEX:13 ,600 level which was acting as quite strong resistance in the past, so from a weekly perspective I am now just waiting for another rally to retest the next resistance before I then do expect a short term correction towards the downside.
On the daily timeframe you can see that with Friday's candle, the Nasdaq perfectly broke and closed above a previous daily resistance area at the HKEX:13 ,100 level - all of this previous resistance is now turned support so I am just waiting for a retest and bullish confirmation before I then do expect another impulse towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Us100 shortHi traders, I think the price will bounce from this area, after we saw the triple top inside the bullish flag, I think it is a slight correction before going up and breaking the flag. Trader safe and have à good week-end.
NASDAQ Correction still has some steam left.Almost 2 weeks ago we called for a multi-day correction on Nasdaq (NDX) after the price broke below the Inner Higher Lows trend-line and the 1D RSI got rejected on the 70.00 overbought Resistance:
Our view is unchanged and we see a few more days extending this correction to the 1D MA50 (blue trend-line) at least or the 0.5 Fibonacci retracement level as it happened on the March 13 Low on the long-term Channel Up.
The only probability of this getting invalidated and start rebounding now is the potential buying pressure that the RSI Higher Lows trend-line may apply, which got hit yesterday. However we see more likely the scenario of the RSI transitioning into a Rectangle, having 43.40 as its bottom.
Our target remains 13400, which is a little under the 1W MA100 (red trend-line), that has rejected break-out attempts twice since May 05 2022.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Nasdaq selling to buy zone!!!From the daily we can spot price in a bearish trend, because of the series of Lower highs (descending slope)... Now this means sellers will be more impulsive than buyers, so bearish setups are highly recommended.
Look out for all bearish continuation flags across all timeframes to capitalize on the impulsive wave and bank dome serious %.
Goodluck to us all!!!
Nasdaq triangle breakout scalphello traders nas100 looks what is making an ascending triangle but we can play against what we all learn from the text book we will use to short it looks clean nas100 was very rangy but still we can take advantage on a rangy market .overall it is bullish but still we don't fix ourselves in one direction any ways we are buying it from the broker so think both side lets get it /if it is helpful signal like this make sure to like and comment so i keep posting .