NAS100USD 2021 Apr 19 Week (Intraday)
OANDA:NAS100USD
NAS100USD 2021 Apr 19 Week (Intraday)
Nasdaq continues to advance on low volume,
the net gain from previous highs has narrowed.
Prefer to wait for a wide spread down bar before I look to buy in the lower time frame.
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Have a safe and profitable trading week!
NASDAQ 100 CFD
nasdaq analysis Today we had a pretty bearish day on Nasdaq, Currently the market is consolidating on lower timeframes. If we look at the daily we can see 13915 was previous high which did get broken yesterday, nas making a new high. Today if we get a close back in 13915 then we can expect some more sell off bring price back down to 13607-13540. However the bulls do continue next target will be 14200
NAS100 AnalysisNasdaq has been ranging for the last couple days. on the daily the trend is very bullish. We are very close to our previous high. On the 4hour chart we can see price has hit the top of the trend line. A break of this trend price can move to 12400 and higher. If the price does respect this trend line and pulls back then price will come down to 13600- 13472.
Be careful of the fake break outs. We have had many of them already.
NAS100USD 2021 Apr 12 Week (Intraday)
OANDA:NAS100USD
NAS100USD 2021 Apr 12 Week (Intraday)
Last week, pt (2) resistance turned support happened, therefore no reason to
short.
As price approaches a previous high, the last bar showed no demand for
higher prices. Keep stops tight if in long position.
Weekly chart showed price advancing on reduced volume - weakness has
appeared.
May have opportunity to short if we see rejection at higher prices.
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NAS100 - Will history repeat itself (part 2)NAS price over the past 6 weeks is forming a pattern that closely resembles Sept/Oct 2020 price movement.
In order for this trade to be valid, point 7 needs to reflect a failed break above point 1 (as can be seen 12-14th Oct). I will be looking for a daily close below 13600, and then below 13530 over the next few trading sessions.
Targets:
13290
12730
NAS100 reaches 13600 as analysedHi guys,
From the last analysis nasdaq has reached 13600 as I had analysed. Got some really nice messages from you guys who did take the trade and made a good profit.
As we can see now the market may come back for a pullback to around 13400-13300 before continuing to previous high and highly possible of making a new high. However if the market break 13300 to the downside then we may get a deeper pullback to 13072 before going back up again.
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VIX BreakdownVix has broken and closed below the descending trend line that's been in place since 2020. A solid close below (similar to the DAX 30 Bullish break) suggests continued moves lower for the vix and less risk aversion amongst investors. Will lead to further gains for US Indices (SPX broke 4000 today) as momentum continues rather than fade as overbought pressures ensue.
Short on the VIX, long on stocks.
Will Nasdaq rally continue??After a beautiful run yesterday will nasdaq continue going? We may see some pullbacks now and the continuation of the trend. The price may pullback to anywhere between 13090- 13015. However if the market decides not to pullback and just continue our bull targets are 13400-13600.
Correlation study of Major index..!Green: US Dollar Index
Red: Nasdaq
Orange: S&P 500
Yellow: Dow Jones
Since January 6th, 2021, the US Dollar index started gaining momentum and crossed 200 EMA 5 days ago and stayed above it in the last 5 days! As it is obvious it is negatively correlated to major indexes, and I believe as we move forward it will show its effects more and more!
my view on DXY is bullish for short and midterm.
NDX aka NASDAQ IdeaG'days Guys
Here some overview on NDX. Referring on my previous projections which is still valid. Today projections just
to follow up the movement since previous positing was at 25th March.
Overall, NDX still on bearish movement which is expecting continue to falling to complete demand zone.
Let's see what happen next with this pair. Stay Tuned...
Nasdaq Analysis Currently the market is at the bottom of this little trend. If it breaks down we can see price come down to 12780-12680. If the pice does bounce from this trend then it will go to 13000-13084 (which is likely as it looks like a retracement and the bulls will continue. There has been a lot of long wicks recently with lots of fake breaks. Market is very unsteady and choppy so do be careful.
NASDAQ Triangle Formed Hope you all had a great weekend.
On the daily TF we can see nasdaq has formed a triangle and it it almost at the end of the road where it is about to break. We have had many attempts of break to the upside and downside but it failed. Hopefully today we will get a close outside this triangle. If the bulls do come in our target will be 13292 and above. If the bears do come in then we can see price drop to 12354.
#Nasdaq - Be careful #NDX #NDX100The month of March and the first quarter of 2021 are coming to an end and there is a possibility of an April correction. Not in every market, but at least for the Nasdaq100, I can't argue it away at the moment.
The RSI has a double divergence and signals weakening momentum.
Therefore, in my opinion, we should wait for the end of the month and the end of the quarter before making further purchases. Not that someone gets angry because in 4 weeks there is a discount on the same Stocks of over 16 percent.
Therefore - be careful and watch out.
Greetings from Hanover
Stefan Bode
4hr nasdaq ideansadaq 100 is currently in a pennant pattern on the 4hr and uptrend on the higher timeframes.
because of heavy resistance due to penneant we should see a pullback and potential breakthrough to the bottom of the uptrend on the higher timeframe
As always
never finacial advice
trade responsibly
NAS100USD 2021 Mar 29 WeekOANDA:NAS100USD
NAS100USD 2021 Mar 29 Week
Last week 13189 triple tested for short was good.
So was long from 12813.
Friday 26/3 made a wide spread up bar. Would wait for
toppish pattern to short.
S/R and Yellow price reaction lines will be my preferred
trade zones.
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Have a safe and profitable trading week!
Nasdaq will it continue its sell rally We had a very good bearish run yesterday. As I analysed couple days ago it has come to 12780 one of the key areas, see previous posts. Before we get excited and jump into more sells we should see what is happening. The market has been consolidating last couple weeks between 13174- 12780 which you can see more clear on the daily. So for the bears to continue its rally we need a break of 12780 to the downside. If not price may continue towards 13174 and attempt a break there toward the upside.
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