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Wallstreet

NAS100, WHERE TO FIRSTHi guys Nasdaq opened with a slight gap down, let's hope it sells off now leaving the gap unfilled giving us a confirmed buy later today. If we find support at 14800. If price moves up and fills the gap we could then sell if we fail to break 15034. If not we're back to ranging between 15000 and 15100 - SMH This is purely an "idea, mind map of probabilities" I will share a signal and our set up's for the day closer to London/NY AAPL, NTFLIX especially and other key players will add to confluence of price movement prediction
N
by rushnft
2
NASDAQ 100 (US100) – Week 30 – FOMC to dip the stock market. Stocks drifted sideways on Wednesday, with investors digesting a slew of earnings results and looking ahead to another set of reports. A monetary policy statement from the Federal Reserve is also slated for release. Nasdaq struggled for direction, fluctuating between small gains and losses. Technical overview: As you can see, we find ourselves in the middle of an ascending channel. In the past 2 months, Nasdaq had a strong bullish trend that pushed the price to new record highs. The next move that we expect is a bearish one, as the trend needs to correct in order to gain more bullish momentum. We will wait for the price to reach the upper channel line and from there we expect a depreciation that will push the price towards the support area marked on the chart. We advise caution, as the market will most probably be unstable due to the FOMC meeting. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
UShort
by financialflagship
20
DJI (4H) - trend switch in sightTrend switches of the ATR on the 1D and 4H usually mean something on most charts. What they mean is a greater probability for price movement under the switch for short positions and above the switch for long positions. On this chart it does not mean that price cannot rise from under the switch. This is not how ATRs work. ATR's create probabilities. The situation is not predictive. No indicator can predict anything. If that was the case then everybody would just follow indicators and make millions. That's not going to happen. The snapshot picture is for a trend following setup which can be engaged on a lower time frame e.g. 5 min to 15 min. Note the hefty disclaimer below because trend-following set ups are high risk and very high gain. They are not easy and require significantly large stop-losses. Price can certainly move significantly north and head for the moon. 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.
FOREXCOM:US30
by Captain_Walker