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Ustech100

Nasdaq Analysis Hello Everyone. We had a great run on nasdaq so far and now I can see nasdaq has reached a very strong key weekly area of 12930, the price has also simultaneously hit a strong trend line, This trend line has a history which I have highlighted, many times over the months this trendline has been tested. many occasions it failed to break, in the recent weeks we can see it had failed break, then a fake break so now we are back here lets see what it does this time. If price does break this area of resistance and trendline I don't see why price can't push to the next week resistance of 13856. If price does fail to break this area we may see price come back to the area of support at 11834. Will keep you all updated on the lower timeframes
OANDA:NAS100USD
by Tradeofgrey
NAS100 breaks keys and opportunitiesThe 6th session NASDAQ100 had a strong bullish wave breaking through the important lvl 125xx key. We will look at some factors to be able to make a profit from it: - Fundamental Analysis: The biggest buzz of the moment came after Friday's PCE data was released. The market is optimistic with the view that "inflation is showing signs of peaking" and if inflation continues to fall below current levels in the coming months, the Fed will feel more comfortable to slow down the pace of rate hikes. From there the view that the Fed won't raise rates above neutral begins to gain more support, which would be a downside effect on both long-term US Treasury yields and the dollar, and bullish effect on gold. - Technical analysis: looking at the H1 frame chart, we can clearly see that the falling structure has just been broken and the uptrend lasted until the last minutes of the session. In my personal experience with such an excited market sentiment, the bullish wave can last until the price reaches the 131xx area. However, what we need to pay attention to, the price has just broken the key and has not formed a higher low - enough conditions to confirm the trend reversal. We can completely wait for the opportunity if the price finds the 12~122xx area to be able to set up a good entry for the upcoming long wave. Wish you a good trading week. If my idea is useful, give me a like and follow so I can update my entry details in the plan. Any questions or request analysis of other trading pairs, please leave a comment
FX:NAS100
by TonyL0ng
AAPL Apple : Short-term buy to key retest level 16.5Very straight-forward technical analysis . Apple broke below substantial support trend-line beginning of May 2022. The support was stretching higher with higher lows since early 2020, this changed just about a week ago. The drop below the trend-line continued with a sharp drop from 155 to 139 at the lowest. Connecting short-term lows provided support around 139. Currently, short-term highs and lows converge into a 'falling wedge' pattern which may be bullish . The only confirmation of bullish substantial movement would be with a break higher than 155 back to the long-term trend-line and therefor the breakout up of the 'falling wedge'. A more likely scenario and the projection of this chart, is a retest of 155 post breakout - Which once retest confirms, would be the continuation of the down-trend. In summary, Apple with high probability is going back to retest the long-term breakout, which makes for a very short-term buy. **We must remember Apple went from $54 in March 2020 all the way to $180 early 2022. There's plenty of room for Apple to correct down. ----------------------------------------------------------------------------------------------------------------------------------------------------------- Thank you so much for reading! If you found my idea useful, please like and follow! It would mean a lot :) I encourage you to do your own research and be cautious when trading, this is not financial advice but meant for educational purposes. My goal is to help as many traders as I can become a profitable investor. ------------------------------------------------------------------------------------------------------------------------------------------------------------
NASDAQ:AAPLLong
by Exactus
4
Nasdaq Analysis Hi Everyone, Hope you had a great weekend and back for another crazy week. Sorry the analysis is a little later than normal. Usual time for main analysis will be approx 7:30am GMT. Last week the analysis played out beautifully. Lets see what this week has to say. We are still in a downtrend on the higher timeframes. Nasdaq is in a falling channel, the market is also in some sort of consolidation if you look at the daily. The market broke out of 11700 area but then quickly came back up closing above this area. I feel we will carry on moving around the areas of 12061-11702 until the market is ready and give us a clearer direction. I have given two simulation what can happen for the bulls and the bears. BEARS: will most likely consolidate before pushing back down to 11700 area and this will also be the centre trendline and if broken we can see more lows. BULLS: If after a little consolidation the trendline gets broken then we may see a rapid move up before pushing down to carry on moving back up. Keep a eye on the lower timeframe analysis that will be coming up soon.
OANDA:NAS100USD
by Tradeofgrey