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Ustech100

Nasdaq's journey post breakout/ rates to look out for 06.02.20232 possible scenarios: 1) Price continues to charge forward post big "falling wedge" pattern breakout up, targeting 15,300 as breakout target (equal distance of wedge width measured from breakout) with 12,800 "rising wedge" resistance broken this scenario will be confirmed. 13,600 is in the way and could be correction back down 12,200-300 once reached, or can charge above to 15,300 straight. 2) Price drops from "rising wedge" resistance at 12,800 and breaks below 12,200 "rising wedge" support, which could target lower to 10,800 which would be retest of "falling wedge" breakout and target of "rising wedge" breakout combined. A lot depends on FED policy and market sentiment, suggestable action would be once "rising wedge" (12,800 to 12,200) breaks down or up, indicating a much more clear direction. ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Do your own research and always trade with caution. I am here for any questions or comments, would appreciate any interaction A LOT! -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
WHSELFINVEST:USTECH100CFDLong
by Exactus
NAS100 Bearish forecastThe US100 has copmleted a Bearish Gartley harmonic pattern. From what we know of the Gartley is that from point D it reutns to point A. We however can't risk holding this indice with the yet another recession knocking on our doors. Another thing to consider is that we are currently overbought on our RSI, we should see this index plummet down to the $10 000 area We will now sell the NASDAQ100 Index/ UStech100 and take partially close our positions on the listed take profit points (TP) listed above. Please share your thoughts. Disclaimer NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.
NShort
by Mezzoforte_Privilege
Nasdaq Analysis Hello Everybody. The market played really nicely to the analysis from Monday. Now we will probably see price pushing down to the levels I drew earlier. These levels were mentioned in the previous analysis. The price will most likely now come down to 11334 IF the centre channel line is broken. if that happens nothing it stopping it going down to levels of 11236- 11138. Bare in mind we will have many pullbacks if market does come down so do wait for these pullbacks. Also if price decides to go up from here then I would like to see a break of this channel. Break of this channel up can break a major trend line on the daily time frame which may change the dynamics to the trend from bearish to bullish!! We will wait and see how this plays
OANDA:NAS100USD
by Tradeofgrey
NASDAQ Analysis Hi Everyone, It has been a while and I hope you all are doing well. I am back to do regular analysis and help you all progress and get better at understanding the markets. Looking at the current nasdaq market, we can see a rising wedge has been formed. It is very close to a breakout. This is likely to break down however there is good possibility for it to continue going up. If price does break down, I would wait for confirmation after the break of 11440, a break here will push price down further to 11334-11236. if price does push higher than we expect it to go to 11700- 11821 and higher. As the market develops I will be posting to keep you all updated.
OANDA:NAS100USD
by Tradeofgrey