golden fib calling the top for nasdaq ?this fib series has called the top and bottom for bitcoin... maybe nasdaq too now?
NDAQ trade ideas
NASDAQ symmetrical trianglesince the demand has got so much there are pretty good chances to be break above. please wait for the four hour candle to close above the supply line. please noted either way it can get break
my idea about NASDAQthe price is hitting the resistance line and also the FIBB RECTR LINE so i expect the price is going down
NASDAQ TECH FLEXNDAQ is having a bit of an electric surge and could push ATH (all time highs) amid the pandemic playing out. Tech for the win it seems during times of uncertainty to save the day.
Bears are getting a bit of a slaughtering here as many are turning to and being more reliant on technology than ever before.
A forethought is that smart money in other US markets will leave these stagnate companies to flow into high tech tech firms, due to FOMO thus NASDAQ will hit ALL TIME HIGHS.
Keep in mind that this also makes the economy look stronger yet soo many more are staggery than ever before since the start of 2020 due to the flow on effects of covid and the recession that no one is clearly speaking about that’s been teeter totting since mid last year. (You can’t polish a turd)
NDAQ looks good here for a continuation upwardNDAQ is in a bullish ascending triangle and looks great to break out at 115.50+
Nasdaq, Inc. (NDAQ) long.All description on the chart.
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Thank you.
NASDAQ's Powerfull Daily UptrendNASDAQ has been outperforming all the other big indices and it's pretty impressive. The series of higher highs and higher lows keeps going, and by the looks of it NASDAQ will print a higher high by the end of next week. That makes the NASDAQ the most easy index to trade in this volatile market.
The CHOP index has been charging up for a next move. If the previous high (green dotted line) gets taken out, I'll go long without a doubt!
NAS100 ANALYSESIT WILL BREAK THE MINOR RESISTANCE TOWARDS HEADING TOWARDS THE MAJOR RESISTANCE ZONE WHICH MEANS WE WILL BE LOOKING FOR BUYING OPPOTURNITIES WHEN THE MARKETS OPEN DURING THE EARLY HOURS OF MONDAY
NASDAQ, Triangle Forming, Bearish Breakout More Likely! Hello, Traders Investors And Community And welcome to this analysis about the current situation facing the NASDAQ INC INDEX and what we can expect the next hours and days. There are some important and significant signs I detected in observing the overall current price-structure and which will determine the further outcome. We are looking at the locally 4-hour timeframe. And at the beginning, it has to be said that NASDAQ is one of the strongest major indices at the moment compared to the SPX and DJI which printing bearish signs and already confirmed on the middler-term to the downside. In this case, the NASDAQ is close to its all-time-high and did not already confirm bearish to the downside but it is printing some bearish signs which should not be ignored.
In my chart, you can see that NASDAQ at the moment trades in a triangular shape which is marked in blue at my chart, the importance now is that this is a symmetrical triangle which can break to the up or downside when confirmed rightly, in this case, there is a higher probability given that we will break to the downside because NASDAQ is forming a bear-flag in the symmetrical triangle which gives the overall formation a more bearish than bullish shape, which should also be kept in mind is that we ran into strong resistance levels here and the other major indices already ran bearish to the downside, this can indicate that the NASDAQ will follow.
The bear-market is still not confirmedly over and although NASDAQ looks like the most bullish one of all the major indices with the current highs near to its all-time-high there still can follow more downside. At the moment we need to elevate and see if the good and prosperous uptrend established can continue to the upside or that more bearish supply pressure enters the market. In case that we break the current triangle with good volume and volatility to the upside, there is a good likelihood for NASDAQ given that it will take out its all-time-highs but that is not the most likely scenario currently because we have more bearish than bullish signs in the triangle.
After the triangle target at 96.7 is reached when the triangle confirmed rightfully we need to consider if NASDAQ can stabilize at this level and move higher or if the bearish pressure is too high and it continues more to the downside. It is also possible that we get some little bounces in this area and after that moving down again so we need to watch for a clear reversal that signals growth and the take out of highs in the structure here. When the bullish stabilization does not set in we need to prepare ourselves for more possible downside as the corona-restrictions and economy-damage can increase again when a second wave develops, therefore we need to elevate ourselves above mere speculation and do not get overly excited on possible bullishness, in this case, it is more important than always to trade what we see not what we think.
Thanks for watching, support for more market insight, and all the best.
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Information provided is only educational and should not be used to take action in the markets.
May Nasdaq Buy (Height) But Jun Nasdaq Drop (Sell)May Nasdaq Buy (Height) But Jun Nasdaq Drop (Sell)
NASDAQ appearing Bearish in several charts.Just like SPX500 the chart has made already a shooting star and a hammer on the weekly chart.
On the 4h chart possible SHS formation, or we may see a drop already today when the market open.
Possible Covid-19 second wave coming.
Very volatile market in May with no big companies showing reports.
And there's the old saying:
"Sell in May and run away, come back on St. Ledger day"
NASDAQ Bullish Reversal confirmationHi!
I have to look at all possibilities. I can't marry a bias even though I have been bearish of late. Despite all the red you are seeing in the market today. The TA side confirms we have broken the 786 fib AND we retested the TL support. These are two key factors in confirming a uptrend. The 786 fib is important for confirmation of a TREND REVERSAL. This can be confirmation of a new bull market. I know. Despite what is going on in the world. This is crazy. It is manipulated by the fed. But I can't argue what I see in front of me.
Alex
Short NASDAQ!Please follow my channel for strong and accurate signal and support the idea by like.
NASDAQ is ramping a bearish momentum trend.
NASDAQ ENDING DIAGONALUS NDAQ is in a five wave structure with a potentially ending diagonal. Lets watch to see how the market plays out.
Disclaimer: This is only an idea and should not be taken as a trading signal.
15 YEAR NASDAQ WEEKLY at HUGE Resistance - Selloff coming??Title says it succinctly right there. Similar chart that I posted for S&P. But even more impressive to me.
Details: This 15 YEAR WEEKLY chart shows MACD on top and Price on bottom. For those BULLS saying we have a V shaped recovery and the market is going higher look at this WEEKLY chart and resistance levels. Notice that weekly 39 EMA correlates well with market direction for the last 20 years.
On the MACD the Blue line shows its JUST above ZERO which is a NEW weekly uptrend.....REALLY?? (These are just 2 ways to show trend direction and resistance and support)
Anyway, Notice that we are at a band of horizontal resistance (light blue lines) and at the SAME TIME rising uptrend top/resistance of one of the upper channel.
Selloff coming?? I think very soon. Good luck.
