BREAKDOWN ANALYSIS NASDAQ 17/03/2023dear traders nasdaq was up trend and the daily candle closed bullish so i expect nasdaq will correct this move
follow my instruction and respect the levels of price wait for the good opportunity
trade safe
Nq100
US100 SELLHello . There is a high probability of falling. NASDAQ market. With the formation of a very negative candle in the four-hour timeframe. And it is a downward flag. With a very strong correction on the golden ratio of Fibonacc : Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
NASDAG SELLPeace be upon you, merchants. The Nasdaq market is in a negative state. with a fracture. Model double BOTTOM. As well as breaking the bullish trend. There is a possibility of re-testing. The price is 122800. and re-descend. to the level of 11800
NAS100 potential retracement before short?We see a clear bearish continuation of the trend (Break of Structure) at 11960. We can see that the price went to a zone established recently at the previous trade at 11895, making it a good support level.
Our analysis speculate that we might see a continuation of the bearish trend after this retracement at the resistance level 12005, at then if it rejects, you might open a trade after 11978.5 and targeting 2 RRR with stop-loss at 12032 and take-profit at the closest swing order block that we see at price 11860. Making a potential 2% gain with 1% risk of loss.
NASDAQ SELLWelcome . Quick deal. An opportunity to sell NASDAQ. with an ascending channel. There is a strong trend. Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas, thank you
NASDAQ - GO LONG🚀The NASDAQ has broken a key structural level while trading in an uptrend. This development has made me bullish, especially since the retest of the level is now complete. This indicates that a bullish continuation is likely to follow, and therefore, I would recommend going LONG🚀 on the asset.
CME_MINI:NQ1!
NASDAQ 100 Futures for the week 2/21 to 2/14
The clear up trend and the symmetry of the prior swing pattern have been broken.
The resistance turned support so well. It’s possible to see another 100% extension as bulls’ target price.
However, considering what is shown in the previous point and the descending triangle that the market is forming now, I stay neutral at this moment.
Conclusion:
1. Long only if the market up breaks the descending triangle.
2. Short only if the market drops below the prior low.
3. What to do when the price is going between center line and prior low?
- The price would be under the center line, meaning the market is more bearish like.
- But the prior low has not been broken so the down trend has not been confirmed.
→ The direction is not clear, and the market is likely to go sideways. Or only enter short position.
**Not Financial Advice**
The information contained in this article is not intended as, and should not be understood as financial advice. You should take independent financial advice from a professional who is aware of the facts and circumstances of your individual situation.
NQ1! NAS100 NASDAQ 2023 FEB 13 WEEK
NQ1! NAS100 NASDAQ 2023 FEB 13 WEEK
Result for week of 06 Feb yielded 350pts in total from 2 trades.
Market testing breakout area 12140-12271.
Possible scenarios:
1) Long on test and accept of breakout area 12140-12271
2) Short on test and reject of 12140-12271
Volume Analysis:
Weekly = Ave vol down bar close toward low = minor weakness
Daily: Ave vol down bar close in middle = minor weakness
with demand
H4 = UHV down bar close off low = demand coming in
Price reaction levels:
Short on Test and Reject | Long on Test and Accept
13587 12987-12927
12811 12572-12465 Rotation
12140-12271 11603
Remember to Like and Follow if you find this useful.
Have a profitable trading week ahead.
NASDAQ 100 Futures short term goal
Trend: Up trend. Although the market failed going up to the next channel, it's still in the up trend channel. Better not to do a counter trade.
Symmetry: I use 12119 as a centerline for the symmetry. Let's look at a larger picture on the daily chart. 12119 is the key R/S line and also the 0.5 retracement line of prior swing from A to B, which I found meaningful most of the time. Below the centerline, the market is seen weaker; above the centerline, the market is seen stronger. Therefore, I will set my short-term price goal at 13485.
What if the up trend channel broke?
There are two situations.
1. The price is below the up trend channel but still above the centerline. → Uncertainties become more. Better wait for the price to be back to the channel or more clear signals to enter a trade.
2. The price drops even more below the centerline. → If the price drops below the center line, I see the symmetry broke. By then I will pay more attention to possible triangle forming.
**Not Financial Advice**
The information contained in this article is not intended as, and should not be understood as financial advice. You should take independent financial advice from a professional who is aware of the facts and circumstances of your individual situation.
NQ looking for a temp low on TuesdayWorking on my main SPX/ES update, so this will be quick.
Tomorrow am should produce a buyable low IMO followed by a good bounce.
From where I expect a first temp low by Tuesday, another bounce and down into the next week.
There is also a possibility of another move to above 13000 to even 13500+ in Mar time, but that was mentioned in my tonight's NQ/NDX update.
Have a good night
nasdaq 4 hour : if you have old sell you must you must hedge your old sell in 12300 area ,,,nasdaq after touch fibo61% can flyup to 13300 (see green fibo 161% on chart) 13300 is my upper target
scenario 2 = if big bad news come and nasdaq break big trendline and EMA200 daily (orange line) , it can go downer to 11600 , we must buy nasdaq above green arrow and hold them 10 day to new high =13300
prediction by me = in next 3 year we have bull market so i advice 90% looking for buy in deep and hold it to high
good luck
NQ hit its C&H target last week and rratraced.We have successfully shorted on Fri and covered on Monday pre-market.
This is the chart I updated last night, the AH's session support was held to the penny, and now it's in the resistance zone.
It can extend to 12200, when SPX has a strong resistance at 4065-70.
It's a month-end close today, so it is very important to watch if it closes above or below Nov close.
We have a good R/R setup coming, not posting it on tradingview!