food for thought...I think the correlation between Oil, the NSDQ and the DXY are playing off each other atm.. it may be short term- but this is what I see from reading the charts.
Nsdq
ENV Wave AND PATTERN Analyzing Be sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer
The structure of the diametric wave is forming in the B wave, or it is in the X-wave construction stage, or the biametric wave is not yet complete, and the F and g waves remain.
US100 next buy zone 15700NSDQ has been growing inside a bullish channel since post covid crash last year. We have topped at 16750 and started to dump along with other markets on bad covid news again. The red candle signals more correction to come, with a first buy zone between 15600 and 15700 in sight.
What I will be watching now on daily chart :
- RSI going below 40
- MACD going below -100 and forming a curve at the bottom like in October, May and March.
This should take a few weeks and provide a good entry point before a potential Christmas rally.
If it fails and go lower, next horizontal supports to watch are around 15000, 14500 and 14000, which will provide even better entries for long swings.
Long term targets for US100 are beyond 20K and even 30K, depending on macroeconomic factors like FED's monetary policy, inflation, health situation, political tensions and so on.
Anyway, this market still offers huge potential as it includes the most profitable tech companies in the world.
I wish best success and profit to all traders and investors !
NVDA LONG the price of NVDA still going up, it did not break the vwap indicator considered as support in this case, while the bears tried so hard to push the price to lower levels, the buyers resist which gave us the long lower candle's shadow on daily frame.
Wait for Breakout Confirmationit looks like we are going for a good correction in the stock market if the next FED meeting power-ups Tapering possibilities!
NAS100 - Long Trade Idea +15800 targetNASDAQ100, 15m Buy
Entry - 15700.50
Stop Loss - 15675.50 (25 pips)
Take Profit - 15810.50 (110 pips)
still wait.. weak movements...this day..we need volume!!!
NASDAQ - Survival of the fittestfrom wikipedia:
"Survival of the fittest" is a phrase that originated from Darwinian evolutionary theory as a way of describing the mechanism of natural selection. The biological concept of fitness is defined as reproductive success. In Darwinian terms the phrase is best understood as "Survival of the form that will leave the most copies of itself in successive generations."
Indeed the Nasdaq is the group of companies that are looking into the future, being defined as the technological giants as such.
I have expressed myself occasionally on how I like to buy the calculated dips on NASDAQ, preferably on support. Take a look at my chart, that time is again now.
Let's go higher NASDAQ!
We are on an bullish channel on US100As we see in the chart, we are at the beginning of a new bull trend that has responded to the midline of our channel. Our support and res line has been drawn in the chart and we are close to breaking the channel's middle line for a big bull trend up to the top of our channel, we will see if the price reacts to the res line and then by using Fiboncchi, we can take decisions for take profit levels.
TP 1: 13250 USD
TP" 2: 13350 USD
RSI (Relative Strength Index)RSI = Relative Strength Index
Is fluctuates between 0 and 100
• A momentum Oscillator
• Increasing RSI when: Average gains are greater than average losses = Bullish
• Decreasing RSI when: Average gains are less than average losses = Bearish
How to use:
1. Trend recognition: trading in the direction of the trend
1.1 Above 50: Uptrend
1.2 Below 50: Downtrend
2 Overbought and oversold entry signals.
2.1 In an uptrend look for oversold areas and open a long trade after the pullback above 30.
2.2 In a downtrend look for overbought areas and open a short trade after the pullback below 70.
March 11th, what happens and what is my vision of tomorrowDear Tradingviewers,
Today was a very flat day for $GER30 (near 0%), whereas it was a very good day in US ($NSDQ+2% …)
ECB talks today and decide not to change the interest rates. It also presents the forecast for Europe and US for the coming years and the European forecast are much worse than in the US.
That explains the flat day today while US Stonks were flying.
For tomorrow, I think the GER30 will not continue to rise because other economy are way more interesting and It may fall a bit. Moreover, it is facing the 14600 resistance which is holding. I don’t think it will fall as much as I was expected it to fall when I short it at the beginning of the week but I think the context and the end of the week will help it to lose at least 100 points.
For your information, I am currently shorting GER30 so my idea can be biased.
I wish you the best,
Stay safe,
Alexandre
BUBBLE BUST: End Of March 10,600 to 11,200$ Support Target.Under Pressure on monthly base NSDQ100, and profit-taking from the stock market started. This month we expecting big correction all over the market.
Currently, NSDQ100 look like Big bubble. Looking bearish end of the march below 10,600$
🛑SUPPORT/RESISTANCE
✅S1= 11300
✅S2=10600
✴️R1=12600
✴️R2=13500
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Thank you for your support, I appreciate it.
NASDAQ NASDAQ could go either bullish or bearish. NASDAQ is mostly fundamental news-oriented, given that next week is the major stocks earnings week and generally, they tend to do very well in the first month of the year! I would look for a price to extend more upwards into 13800-14200 level. Keep in mind that we have just got out of the corrective zone from last week's weekly bear candle, it would only make sense to have the bull weekly continuation to follow through. but anything could be happen
Short term correction downdside toward support 11600$Correction on weekly base chart towards support levels 12000$ and 11800$ and 11600$.
Price HIT ALL-TIME HIGH and weekly base chart under pressure
GOOD LUCK AND LIKE AND COMMENTS PLEASE
NASDAQ did rebound on our well calculated support levelCheck our previous idea
Rebounbded off the 11300 level as we had calculated. Nect stop? Probably 11700
NASDAQ - will it find support at 11300? (probably yes!)Nasdaq coming closer to the 1300 support. Crucial level: if broken we can see a further downside move, if not it can rebound back to 12,000 area.
NSDQ100 BIG BUUBLE ? YES next 2-3 months BIG CRUSH.Coming months NSDQ100 will crush hard but we wait for 2-3 months or after USA election.
1- If Trump win election STOCK STAY higher if Trump Lose ALL STOCK market crashed hard.
2- Currently All Tech MARKET overvalue expecting near correction downside 10,000$ level support.
🛑SUPPORT/RESISTANCE
✅S1= 10000$
✅S2=9500$
✴️R1=11750$
✴️R2=12200$
Please like, share, comments and follow me to get daily base analysis.
Thank you for your support, I appreciate it.
Swinging on UptrendsNYSE:AVTR
1:21 or 1:1.5 in my opinion is a good risk-reward ratio. Even if the winning rate is 50%, trades will still be profitable using risk management Spotting bullish divergence would add confidence :)
NASDAQ- Thursday reviewNasdaq went down by 300 points yesterday. The fundamentals gives us reason to believe there will be a fall but the technicals has not shown that yet, technicals show that we are still having a pull back but in an uptrend. I am expecting more pullbacks today, the dept at which it falls will determine if still making corrections to the downside or we have a trend change.
NASDAQ-INTRADAY TRADESNasdaq had made new highs but struggling to break higher. A Break above 10220 could make us see 10300 - 10500, otherwise a retest to 10,000 before heading back up
SPX500 SHORTHi guys this is my idea for SP500 index, Stop loss at 2960 because it could go for new high's at 3100 if liquidity will came in
Markets seems that they have lost momentum, so I expect a retracement at 2650, that is short term target trading range for next weeks would be 2650-2900, medium term target is March's low, and if it breaks that support next support is and Long term target 1800 pips
The basis for this analysis is that covid-19 crisis is at the beginning, I don't see a V shape recovery pattern,these months we have dealt with healthcare system crisis, now we will face bankruptcies, bailouts and negative balance sheets for the 2nd and 3rd trimester.
Have a Nice day and come back for updates weekly.
