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Ustech100

NAS100 WE SHOULD EXPECT THIS TWO SCENARIOSNasdaq100 is currently at it's highest price, 52 weeks maximum. Since September 2020, it had been rising in an ascending channel. Currently, it is at the resistance of that channel. We can expect two things to happen around this area, a breakout of that resistance and push price further or a rejection and send price lower to the support of that channel. We should also keep in mind that a fake breakout of the resistance can be expected to put traders on the wrong side and then it falls. The only best way is to wait for confirmation that can help us understand what price will do next instead of blindly entering the market. If you enjoy my ideas please do leave a like and suggestion in the comment section below.
FX:NAS100
by Forexintelligence_NA
11
Expecting downside on Nasdaq NDXHello altogether, Today we want to look at the Nasdaq index. Fundamentally we are in a bit of uncertainty: - Delta variant of Covid is spreading strongly - Markets seem to be pushed a bit too high - Fed is already talking about tapering, since the economical data releases are looking quite healthy for a while Above can give the USD a push higher and could put some pressure on indices - especially the pretty overbought Nasdaq. On the Nasdaq, we can also clearly see that the RSI is not able to reach new highs, whilst the index itself is trading close to its ATH. This is a bearish sign to me. I am currently looking for a sell. Putting my stop right above the last ATH and am looking for a correction to my limit into the 13.700 - 14.000 area, where we can find our next big vertical as well as horizontal support.
TVC:NDQShort
by r1k3r
2
Ustech (Rising Wedge/Head and Shoulders)Ustech is showing a clear rising wedge on the daily time frame. It is also beginning to look like a Head and Shoulders Reversal Pattern on the daily time frame as well. This one has been really hard to trade over the past year because it keeps making all time highs over and over again. With this being said, I think we could safely open a sell soon and that is exactly what im looking to do here!!! So when I open the sell, im selling based on a rising wedge reversal pattern, and what looks to me like a small head and shoulders pattern on the daily time frame.
WHSELFINVEST:USTECH100CFDShort
by WaveTrends
DON'T get wedgied! Peak excitement on Friday - as retail traders pumped various markets with billions in cash. This was alongside institutional traders who had been bailing out. Well, retail won a significant limb of this, from the bottom edge of what now looks like an ascending broadening wedge following a major bullish drive. Biden echoed the FED's mantra on transitory inflation in the last few days. That seemed to be a signal for retail traders on the apps to dive in. Ascending broadening wedges after long bull drives north, are usually a signal of weakness. Just to be clear (and read my disclaimer below), this does not mean that the market will crash now. Price could move significantly up and whipsaw the top of the wedge before heading for the moon! 🌛 This wedge formation creates probabilities. Probabilities exist in minds. The probability estimate based on this snapshot (right now), is for a significant correction. This is not advice! This is opinion - a very different thing to advice. How probabilities work : If 'you' estimate there is a 51% chance of a correction, that leaves a 49% chance there will be no correction. A lot of novice traders forget about the lesser probability, which does not favour their mindset. There are other silent probabilities adding up in the background (DYOR): 90 year economic cycle, coinciding with 20 and 10 year cycles - and we're not out of the woods with a major pandemic. We are at year 11+. Some say 'cycles mean nothing'. Everybody is entitled to their own belief. I think these are dangerous times to be throwing money into the market going long. If you are about to short this position, you have to have money that you can afford to lose. Read that again. If you can't lose money, stop trading - instantly! Alternative reasoned perspectives are most welcome. Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which has a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
WHSELFINVEST:USTECH100CFD
by Captain_Walker
USTECH100 HUGE RSI Divergence on Weekly chartHello, We have a huge rsi divergence on weekly timeframe for WHSELFINVEST:USTECH100CFD that probably indicates us a retest of the support zone at the 14085 level. The pattern that is configured is W with retest of the neckline, a healthy movement of correction that could subsequently lead to higher levels. The operations that can be followed are 2 : Short with take profit in 14085 area or wait for the market to retrace on the highlighted level to enter long in view of 15 K . Be careful next 2 weeks is earning season for most tech companies. Not a fianancial Advise. For mentoring services, FX signals, Crypto, Indices and Stocks PM me. Accepting Bitcoin , Ethereum , Doge & Safemoon.
WHSELFINVEST:USTECH100CFDShort
by IllyrianTrader