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.
Nasdaqsignals
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
NAS100 Analysis Sorry for the late analysis. We have a triangle formed on nasdaq. A break down will take us next to 11980- then we will need a break of 11980 support and the trend line for the bears to continue. As for the bulls- We are at a important point on the daily- We really need a break of 12100 for the bulls to continue. if you have a look at the daily you will see a triangle has formed. It failed to break yesterday and if we go back there again we will see if it manages to break.
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
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 Detailed AnalysisNASDAQ Analysis
Hello Everyone. Market has been very choppy yesterday and it was same for all pairs. There wasn't much smooth trades. On NASDAQ, We have broke out of our falling channel and it has gone into consolidation. When it does break it our targets are as follow
Buyers: First target 11880, If it break here then next key level is 12000 and if it break this then 12127.
Sellers: Target is 11345 thats if it breaks out the box down and also breaks out our key level 11550.
I use pure price action so my key levels are where i enter or exit. I also draw minor support/ resistance for pullbacks/retest etc. Please make sure when you take trades, you have your confirmations that this trade is going the direction you entered and not fall into traps of false breakout.
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
NASDAQ 100 TECHNICAL SUNDAY 08 11 2020hey Traders,
Herewith is the video after the winning of USA presidential elections by Joe Biden.
The market needs first to open then we can consider the impact of the electoral results.
However we have on the video the two options set and ready to take off.
Cheers to Your Profits Guys !!
NASDAQ 100 TECHNICAL SUNDAY 08 11 2020hey Traders,
Herewith is the video after the winning of USA presidential elections by Joe Biden.
The market needs first to open then we can consider the impact of the electoral results.
However we have on the video the two options set and ready to take off.
Cheers to Your Profits Guys !!
NAS100- Weekly Review What a week it has been guys we saw some really big moves in the market that we dont usually see due to the election. This should have been a great opportunity for all traders. For myself trading couldn't have been any easier because the market was going one way. I made profits this week that are alot more than average due to this volatility. Biden has beat trump, Cant wait for tomorrow to see where this market is going
Weekly NASDAQ Pip Review
Monday: +244, -40(SL)
Tuesday: +225
Wednesday: +127, +245, -50(SL), -40 (SL)
Thursday: +204, +100
Friday: +165, +166
Blues: +1476
Reds: -130
Total: +1346 Profit
Total NAS Trades: 11 Trades: 8 Win, 3 Loss
Have a wonderful weekend guys!!!