NQ hit my long term target of 11500-550, visual updateNQ is going after 3x of extension to 11180 zone, lots of support in 11000 zone as well. So stretch as the SPX.
Expect a huge bounce, should ideally hit 13500+ during the summer rally
NQ
This is how you can recognize a trending marketUse the Mid Bollinger to determine a trending market.
So far we perfectly hit 2.618 off the H&S breakdown, next is 300% at 11180 zone in case its really extending.
BTW Monday crashes are most important to watch with following tun Tuesday. When Tuesday can get below Mon lows but has to close above Monday's close and Wednesday's close as well to confirm the bottom!
Nasdaq 4 hour : it reach buy area , after buy pinbar, pick buynews push it down , nasdaq reach buy area (low can here), but bad news behind it so wait verfy , buy after PINBAR in 60-240-1440min chart or last upper trendline break in 15min chart , then pick buy with SL in pinbar low (never remove SL , eat SL better than margin call)
alert: if nasdq break 11400 , can crash to 10500 area (2nd buy place)
note : trade nasdaq need 5 year practice on demo account , it need high skill , if you are new i advice you trade gold (it is move easy) , not nasdaq=very complex movment
NQ - WeeklyLower Lows ahead.
While the media has been projecting a "Recession"
is out the Curve until 2023/2024...
The Depression has been with us for some time.
Did you believe shutting down the Global Economy
would end well?
Wu.FLu ?
Yeah, Naw... much more to it.
Call it what it is, and shall remain.
"The War on Humanity"
By September, you'll agree if you're too transient to
comprehend it now.
NQ will be in the 6000s in a shorter period of time than
most Traders will comprehend.
Gold, Silver?
Nah, the useless shiny rock now.
Think in terms of ONLY the things you need.
The rest is a waste of time.
NQ UpdateBroke the green trendline, broke my indicators, and MFI is single digits now.
No long positions until NQ hits the purple channel line. At this point it's a given.
Based on previous daily pattern, I think a gap down and reversal Monday followed by a pump on Tuesday because Tuesday is always bullish for some reason, then the Fed meeting happens.
I'm not even bullish on my regular bullish stock, PCAR. It will fill that gap though, so I'll look at it after the Fed meeting.
NQ update - looking to buy am lowNQ is going after the breakdown zone test as well as the mid Bollinger test.
Seems we will sell off after the numbers and test the bottom of the channel and then move up.
My game Plan for tomorrow is buy the am low
NQ cant reclaim the mid of the channelI know there are too many lines for some, but they are important to me. Just pay attention to the green trend channel and the blue doted mid of the channel line
NQ is supporting a view I have on the SPX, looking for some lower (NQ down to the low of the channel line before a fakeout.
NQ is getting close to a long setup invalidation12470 is a must hold, or we are going down to test the low of the channel
Im buying here with a stop for a rally to AH's highs and ideally more
Bullz are running out of time to push it higher
NQ | Price Action 6/7/2022I completely missed this mornings ES/NQ long entry. I was so focused on ES taking out the daily sellside liquidity at 4072 that I never looked at the NQ chart, even though I had it on one of my screens. The secret to deciphering today’s NY AM price action was to watch NQ. Because NQ did decisively take out the daily liquidity from the three days ago low. This was the key! As soon as NQ took out the daily liquidity I needed to zoom in to the 5,3,2,1 minute timeframes and look for Market Structure Shifts with obvious displacement. On the 3-minute NQ chart a FVG was created shortly after the 9:30 AM EST open in line with a MSS. Then a few minutes later the FVG was filled for a bullish entry and then price exploded up after that.
Today's Takeaway
As soon as daily liquidity is taken out immediately zoom in to the 5,3,2,1 minute timeframes and look for Market Structure Shifts with obvious displacement. ALWAYS!
Chart
NQ is set to hold here - 12400 is importantLoose 12400, we will see 12100
12385 is the second trendline support.
Lots of confluence to hold from the open!
Im stating longs here
NQ reached almost 61.8% Im short aditional tranche Stop above the high.
Low by Tuesday, then continuation higher, possible W pattern if zoomed out
NQ is short term bearish Main support zone! 12400 must hold on any test attempts for higher levels!
Im seeing this structure short term bearish, medium term is bullish.
A move down to 12100 is what Im looking to get hit before we continue higher to well above 13000
Supports:
12550
12495
Main target 12100
Im expecting a low to get hit by sometime Tuesday, pathway is shown on the chart
$FB Facebook METALook for dips to be bought in the 231-240 as long as $176 low holds.
FB has formed a daily demand zone in the $179-$185 region.
Below $176 and we most likely test and/or break $169 low and head towards $150-$159
$NQ QQQ NDX NASDAQThis is in limbo at present.
There remain no viable demand levels in the 12363-12280 region
In the near term, bullish sentiment remains so long as 12215 low holds
Invalidating the buy zone will indicate bears are back in control
Below that level, a test of 11500 is on the cards
NQ - ! HourGap Fill Friday provided a wide range again.
APPL & TSLA thouhg it was time to correct some OB
conidtions and took car4 of buinsess.
The Volumes were rather lame, posting up declines
while breadth held for Mid to Small-Cap JunkCo.
_____________________________________________
TNX has been largely ignored, MSFT and Eron weighing
more heavily on the News Cycle to Drive Price Movement.
Bostic's walked back and the rest of the FED BOG's were out
touting poof goes the trial balloon.
Shot down while Biden got his Phallic Victory...
Head / Tails Jerome loses.... "Full Faith and CONfidence is ya's Jerry..."
Election Cycle perfection.
NQ - Doom LoopedDunno how TECH withstands the gathering storms...
Hurricanes et al.
Should the 10 Year break 3.50... it's over for Tech.
If the FEDs Balance Sheet Dump finds Banks as buyers
of limited USTs, Yields can decline....
What a Mess.
_________________________________________________
There are dozens of vectors to ruin the NQ...
Tick Tock.
NQ - Weekly Terminal after this CT Completes. When... depends....
Unsure what wr3cks this, but there is no shortage of vectors.
Look out Below~!
Ticking Bomb.
Nasdaq 100 - No healthy signs in the Nasdaq 100 indexIn the previous post, we noted that we would pay attention to the closing price for 1st June 2022. The price closed below the 31st May 2022 low, which hints at the possible resumption of the downtrend. Similarly to yesterday, we will also pay attention to today's closing price. If it closes lower again, it will further bolster the bearish case for NQ1!. Besides that, we still maintain our bearish view on the Nasdaq 100 index and expect it to reverse to the downside soon.
Illustration 1.01
The picture above shows two possible scenarios for NQ1!; however, we have little faith in the bullish scenario. Instead, we expect NQ1! to start breaking down.
Technical analysis - daily time frame
RSI and Stochastic are bearish. MACD points to the upside; however, it remains in the bearish territory. DM+ and DM- are bearish. Overall, the daily time frame is bearish for NQ1!.
Illustration 1.02
The retracement below the sloping resistance will confirm the faltering bear market rally; we will pay close attention to it.
Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
NQ bull flaggin and holding the mid channelIm thinking its a bull trap, unless we break 883, we should make a higher low into pre-fed, then rally up.
Breaking above 883 will get us to 13410 or so, which coincides with SPX closing the gap at 4300 level
NQ - Nasdaq below CL, going southThe white pitchfork is a "pullback fork".
This huge monster measures the whole swing, from April 2020 to the highest point ever reached in the NQ.
What is the benefit of such a pitchfork?
1. We see where the center is.
Above the center, the market is very strong. It's likely that the market continues in the projected direction.
Below the CL (Center Line) it's very likely that price will not jump above it again. So the only ways are sideways or down.
2. Knowing the rules how to trade the pitchfork, we have a nice test at the centerline. Usually we see another test, or even multiples, before the market is heading towards the L-MLH, the Lower-Medianline Parallel and beyond.
So, if price falls below the L-MLH, a test/retest is expected and the next target is at least the first WL (Warning LIne...it "warns" that price could turn from there since it's overextended by 2 magnitudes).
Let's be curious and put our observation Hat on.
#learntoearn
Upside Exhaustion Move In Bitcoin Is OverThe recent bounce in the US major indexes and Bitcoin is likely very close to completion right now. I would urge everyone to pull profits and prepare for the next big wave (likely LOWER).
Fibonacci Price Theory suggests this trend is still bearish and Bitcoin would have to rally above $34,150 to start a new recovery phase.
My analysis suggests more selling is needed to flush out a real bottom. I suspect the ES/NQ/YM and other sectors will do the same thing over the next few weeks - move lower attempting to FLUSH OUT a bottom.
Pay attention to my research.
nasdaq 4 hour : as predict before ,nasdaq fly up but :we are in wave 1 of uptrend , stil i advice dont pick sell , looking for buy
for buy we need OK verfy = pinbar on 1hour or 4hour or daily chart come or in 15 min chart , price break last up side trendline
good luck , until fibo 61% dont pick sell , for sell wait OK comes too and 100% put SL , nasdaq (dow , dax ,sp500) can back to high , 16000
note = buy stop on high is good idea but very low size , best SL for nasdaq is 50 point (dow=80 , dax=40) if you cant find high,low use 50
good luck , wish you win
