Us100cash
is 1400 still a dream or small jump to achieveFriday's leap is like a bladder burst shooting through the sky after many days of speechless consolidation, or rather to say - indecision. US economy is surely recovering fast with no doubt at all, however the inflation is true hard fact that cannot be ignored in short term which should reflect back on NAS 100 accordingly. Wednesday & Friday's new were just stimulation for market movement which appeared to agree with the inflation after math (for now).
NOTE: I go for long considering the consolidation range has just been broken through so shouldn't be easily broken if it falls again. And just a tiny slot.
LONG/BUY US100 For the upside we see a possible Target Price @13742 and 2nd Target Price @13787. Stop Loss @13620 as there is a strong support.
Another possible short journey?Today's pushing down and bouncing back up went well as planed, which didn't break the newly formed 4h downtrend line. Given the fact the general bearish moment of all major markets, the bounce doesn't convince me an immediate resume of the uptrend movements so I feel it may go down once again --- if it doesn't break 13300 - 13310. (I set my SL 13302.5)
Going downward, if the market moves as expected but not breaking 13000 it will bounce back and touch higher than 13400; if it drill down, then there'll be couple of weeks of downtrend waiting which is not nice...
NOTE: again, don't follow if not comfortable equity size & risk management. I won't play on this further for this week if I get stopped out.
looking for a possible longprice is at the demand zone waiting for a possible entry.
note that inflation rate could possibly affect my analysis.
trading my ideas may cause you to lose/gain i strongly advice to trade at your own risk.
US100 NASDAQ Based on yesterday AnalystBased on Yesterday's trade Idea on US 100, In the 1H chart, we can see the Rejection as expected yesterday.
looking back on the H1 the market a new LL and start going to the Fib 38.2 Retracement+Minor Resistance as shown in the chart.
I expect the market to make a new HL as a fakeout where the entry area and Rejection from the Resistance Trend line would be more accurate to go shorting from there
Yesterday candle close seems to be a pin bar on the D1 market but overall on MACD and RSI levels were bearish and market structure indicating downside.
Today The second Entry Should be 13500(Same as Yesterday Entry Limit)
with the target of 12750 nice swinging trade
and Sl around 13650 above the Psychological number
As I m just started using the trading view so u r likes, give a tip n follow will improve the next step
thanks to all
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DM for the Chat GP
US100 NASDAQyesterday NASDAQ rejected on the daily M formation Neckline n momentum created to the downside to today open,
I am expecting to come to some minor retracement to the upside till the 38.2 retracement level and break off the H4 major trend line would be a nice opportunity to go short n ride the continuation of the trend to the market structure of the weekly zone
Entry Should be 13500
with the target of 12700 nice swinging trade
and Sl around 13650 above the Psychological number
As I m just started using the trading view so u r likes, give a tip n follow will improve the next step
thanks to all
Looking for a nice short on US100Looking for a nice short on US100 as the market pushes higher into resistance which is also one of my FIB kill-zone.
Double confluence also looking for a nice rejection candle to stack to my confluence.
Bearish move US100 (Nasdaq) - Momentum Short Term Bearish move correction before it rallies to the upside.
Key figures
Entry 13590
TP 13417
SL 13623
NASDAQ Buy SetupPlease note this buy setup is valid if it followers our bullish signals. It is not enough to trade on price hitting our marks without considering reversal signs.
SELL SETUP IDEA Hello team, price has made a break and retest of structure and i am looking for shorts with a great risk to reward