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Ustech100

NASDAQ- Breakout in play ☘️ 14500-14600 remains my target as we last posted here: Having calculated the last ATH using the same chart/exercise i feel quite ok to increase my Long positions at this stage: Funilly the bottom was als calculated precisely even by making some fun on Biden: Also here: News: US stocks advance as debt ceiling concerns ease Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at www.ft.com www.ft.com Wall Street stocks rose on Wednesday as investors grew more confident that the US will avoid a government default after policymakers edged closer towards a deal in Washington. Wall Street’s benchmark S&P 500 rose 0.6 per cent while the tech-heavy Nasdaq Composite was up 0.5 per cent. US president Joe Biden said on Wednesday he was “confident” he could reach a budget agreement with Congress to avoid a default on US debt, and left the door open to meeting a key Republican demand of adding work requirements to social safety net programmes. Officials such as Treasury secretary Janet Yellen have warned that the US could default on its debt as early as next month, with the issue prompting Biden to cut short his forthcoming overseas trip. One Love, The FXPROFESSOR
CME_MINI:NQ1!Long
by FX_Professor
10
NQ1! NAS100USD NASDAQ 2023 JUNE 12NQ1! NAS100USD NASDAQ 2023 JUNE 12 Significant Weakness observed on daily bar (Friday 09 June) as market is marked up on ultra low volume S>D bar. If mark ups on low volume continues, tighten stops and don't chase longs. Prepare to look out for short opportunity. Possible Scenarios: 1) Market continues to be marked up on low volume narrow spread up bars = tighten stops on longs / wait 2) When additional weakness emerges = Short on test and rejection of recent high / lower high Price Reaction Levels Short on Test and reject | Long on Test and Accept 16646 15269 14575 *Longer term: 13350 needs to be supported for long trend to be intact. Price Volume Analysis: Weekly: Ave vol up bar close off high = NTC weakness Daily: 09 June ultra low volume S>D up bar *NTC = Non-Trend Changing Like and follow if you find this useful. Have a profitable trading week. *For education purpose only.
CME_MINI:NQ1!
by paradox677
NQ1! NAS100USD NASDAQ 2023 22 May WeekScenario1 breakout offered a fantastic week. Hope you had joined in the ride. Target 13740 hit, and AR tested. Possible Scenarios: 1) Continuation Long Strategy: Long on retracement. Price has to come down on low volume 2) Breakout failure: If there is strong volume on down move, it may signify a yet to be completed rotation, with more potential for downside (zone 13740 - 10710) Price Reaction Levels Short on Test and reject | Long on Test and Accept 15269 13740-13913 13350 12950 Price Volume Analysis: Weekly: Ave vol up bar close off high = potential weakness Daily: 19 May UT bar, ave vol= = potential weakness Like and follow if you find this useful. Have a profitable trading week. *For education purpose only.
CME_MINI:NQ1!
by paradox677
NASDAQ RALLY CONTINUESThe hopes on the market are up, after both NASDAQ and S&P 500 rose through the day. Investors were concentrated in high-growth stocks and there was an optimism regarding debt ceiling deal being reached soon. Other factors that were influencing the upward movement of the market were better-than-expected earning reports, slowing down of the aggressive rate-hike and less-than-expected jobless benefits claims. Both MACD and RSI indicators are confirming the trend, with MACD histogram above zero and rising and RSI above 50 neutral line and rising as well, although it had approached and even surpassed the overbought line. If the current trend continues, the price might reach levels of 14230 and even 14540. In the opposite scenario, the price might revert to levels of 13740 or 13500. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
SKILLING:US100Long
by legacyFXofficial
1
NASDAQ BULLISH OUTLOOKThe trend of NASDAQ seems to continue, despite a resistance that is forming around 13250 mark. The instrument had tried few times to breach it, and currently is trading above it, but the breach is still not significant and might revert. The technical indicators, though suggesting that NASDAQ still has steam to continues it upward movement, with RSI above the 50 neutral line and the fast MACD line crossing the slow MACD line and the histogram reaching positive territory. If the breach of the resistance turns out to be genuine, the instrument might reach levels of 13740. In the opposite scenario, if the price reaches 12800, it might pivot and continue its decent. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
SKILLING:US100Long
by legacyFXofficial
Nasdaq Analysis Falling Wedge Hello, Currently, we are in a consolidation box, and the market seems to have intensified significantly. I have also observed a falling wedge pattern, which I believe will eventually break to the upside. Although it's unclear if we will see a breakout of the box, I will be prepared to analyze the situation once it happens. It's worth noting that there was an attempt for a downside break, but it turned out to be a false breakout. Please refer to my previous post for the levels that I will be monitoring, and I will keep you updated on any developments. If you would like a more detailed analysis of the lower timeframe, please let me know.
OANDA:NAS100USDLong
by Tradeofgrey