The 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...
Personally expecting some overall bullish movement until CPI were price will finally be I our key area of interest for shorts
Us100, Nasdaq would be going down alot lower as us stronger
Overall I'm looking to go SHORT on Nasdaq, but for now on the smaller time frames we are looking to pus price up to 13550 for the big horn - if everything matches up nicely we should be able to grab shorts @ 13550 before FOMC
after big move to above 13000 , now is time to go down for completing wave E of contracting triangle , after making this we have a big move to reach all time high
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...
NASDAQ is consolidating since over the month and now trading in short time bearish channel and hovering around support zone. Now is the time to break support?
Possible buy on USTECH after previous daily low liquidation and 5 min change of structure. Entry on 5min FVG to target equal high near the New York midnight open price
Possible short bias on the USTECH. Daily bias still stuck in some consolidation but i believe we have a pending short before going bullish to take out some weekly liquidity. Relatively equal lows present around 12925 therefore, posible target. Entry is premature as London open has not occured yet.
Hello, Since my last analysis, I have been closely monitoring the market and wanted to provide you with an update. Despite some fluctuations, we have yet to witness a significant shift in the market. While we did experience a push out from the wedge, we have remained within the confines of the consolidation box. However, I must emphasise that the current...
NASDAQ was trading in wide wedge and now broke out of the wedge. In wider spectrum NASDAQ is still in range bound, Is it heading towards the support zones?
Crown Club managed to maximise the sell off yesterday on the Head of the head and shoulders pattern. The market has been crazy moving sideways - the volatility is mainly caused from earnings and the wait of what the FED will do at the next FOMC meeting in May - remember that all the evidence we can gather now on where interest will be in the next FOMC meeting...
Hello, From yesterday's analysis you can see the price done as I expected. The prices has broken out the wedge I drew yesterday but we are still in the consolidation box. Now the price may come back retest the wedge and continue going up or this could be a fake break push price back down to the lows of the consolidation and then breaking down. For Bulls:...
Hello, My previous post I analysed the weekly timeframe and I mentioned how the market has been consolidating and now on the 4 hour chart you can see the build up of the consolidation. We can see we are getting closer and closer for this break. We have had few fake breakouts, which we want to avoid getting caught in. I would wait for a break of 131200 area or...
Hello, I will start this weeks analysis with the weekly so we can see what has be going on with Nasdaq. To begin, let's take a moment to appreciate the positive changes in the market. In the beginning of the year, the Nasdaq broke from a downtrend, resulting in a change of direction for the market. This is a great sign for investors, and it's important to...
NASDAQ / US30 TRADE IDEAS Potential bullish week ahead, waiting for financials to get released to determine whether I will be bullish or bearish. There are a lot of opportunities to get in long positions so we will wait for price and try avoid the false break outs.
Morning everyone, Looking at this inverted H&S move play out today for Nasdaq - if price breaks the shoulder zone I would I really hold sell positions to 12935 - 12820 If preteen is respected we will look to take some long positions on the formation of the shoulder.