Nasdaq 100 Trade Review And Trade Log Hey lovely people, Lazyluchi here and I just made a review of all the trades I took for the week. The week has been tough---In fact, Nasdaq has been fidgeting for like 3 months now. Would love it if you participated in this review. Join me every Mon-Fri for my streams and don't miss my Sunday Nasdaq top-down analysis.
Love,
LazyLuchi.
Nq100
Short term Eliot counting Analysis
Hi all,
Please see my NQ100 counting,
I thought it came out the Impulsive wage from the bottom at 13,000point,
and then black monday gap could be ABC finished all, or Large A finished.
Anyway, It comes impulsive wage from the bottom it could be bounce back to the 14,400point
See how it works.
Ndx Watch Hour: Drop Base DropOn Friday, we got a double top pattern after the failed double bottom couldn't get past the 15050 in Nasdaq 100. The bears pushed past the 14200 zone with a bearish pull manifesting afterwards.
Today (pre-market) the bears keep leaving trails when a Drop-base-drop supply continuation pattern shows up, the question now is---where's the new supply zone going to be at and do we get a ride to 13030?
Be sure to follow me and smash my like button to stay in touch with my updates..
Streams are coming!
P.S: Happy Valentine's day
Lazyluchi
Ndx Trade Review: Top 3 Lessons
Hey there, so last week was actually filled up with lessons. I discovered my weaknesses and applied my strengths. Lesson learnt. Watch to figure out which weakness was discovered.
P.S: I've started streaming. Try not to miss my streams (live trading, analysis and education)..
Leave a like, comment and follow to keep up.
Lazyluchi.
NQ: Catching everyone off guard and ready to rocketI have rarely seen so many analysts on Tradingview turn bearish on NQ. Guess what... It is most likely a trap. The trendline is holding and so far the structure appears corrective - respecting the appropriate fibonacci retracements. This means there is a potential setup for a sharp move higher into 15,700 - 16,000 as long as the lows hold.
Today on the 4h, we have a bearish signal on the NQ !Today on the 4h, we have a bearish signal on the NQ, as you can see on the chart :
1. We have in red our support which holds well
2. We have the orange line which serves as resistance
If the NQ breaks the yellow rectangle our TP will be support.
Summary for today I will be short the NQ if the confirmations come in
NDX swing low?March 2021 swing low coincided with October 2020 resistance. Will January swing low coincide with Feb. 2021 resistance range? Next few days will be telling, watch out for 13720-13760 if we revisit again. It's still quite soon to call it but I cant imagine daily RSI's going down to 0 from here :)
NAS100 USD NQ1! NASDAQ 2022 FEB 07 week
NAS100 USD NQ1! NASDAQ 2022 FEB 07 week
Last week's trade from 14582 was good, with a test again of 14582 means those looking for a
long position again can do so should 14582 support become successful.
Possible Scenarios:
a) Price returns into previous rotation zone 14582 - 13635 = short at upper boundary resistance and and
long at lower boundary support
b) If price comes down on low volume, look for long opportunity on retracement.
c) if price advances on narrow spread and low volume, do not long, Rather prepare to short
on weakness.
This week's preference will be to long on pullback, but do look out for the
trap mentioned per (c).
Weekly = Average volume up bar closing at lower third of bar = Weakness
Daily = On the last daily bar price came down and managed to close higher, demand is present.
H4: Average volume Upthrust bar testing 14582 = If next bar closes lower, weakness is confirmed.
Price reaction levels:
Short on Test and Reject | Long on Test and Accept
16767 16481 15992
15492 15160 14582
14462 13706 12955
12465
Remember to Like and Follow if you find this useful.
Have a profitable trading week ahead.
Nasdaq - Huge WICK Daily Candle @ Support. Possible Bottom? Possible Bottom on Nasdaq? Looks likely... at least for now. Huge wick at the Support on the Daily Candle.