The #NAS100 has been on an upward trend, but a potential triple top pattern is forming on the chart. If the #DXY retraces further and rebounds from support, the #US100 could spike above the current high, potentially taking out buy-side stop-loss orders before pulling back down to the 61.8% Fibonacci level. Remember, trading the #NASDAQ involves significant risk....
As you might have noticed, the Nasdaq is on fire and I'm more of a reversal trader so times are harder. But, there is an old saying that states: "the trend is your ". I forgot the rest but I'll let you figure out the last word. So in homage of this old saying, we'll tighten our bullish running shoes and propose a setup that satisfies both camps. Here's what I see...
mmmmmmmmmmmm let's see how this play bone apatite, haveyou see nas100 somewhere like thi lal
I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review & analysis in case it can help you :) Did my analysis at +- 5:20am. My feeling about today’s price action was that price would just consolidate as we all wait for this action packed week to kick off. No amount of technical analysis will help – bears or bulls will step in...
NAS100 has been on a beautiful tear to the upside. The question is can it still continue? If so, the best price to continue buying above is 17,300.80. Why this price? This is where the buyers push price back up before continuing the increase of price up to 17,687.20. Price has now pulled back to provide a discount in price once again. For this discount to...
I expect Nas to reach 17k in the next few weeks. Nas has been pushing up relentlessly last few weeks so expecting ATLEAST a nice pullback. Once we hit 17k tho we could see all time highs again!
Taking a long expecting the retracement to be over. Targeting previous day’s high
Yes this is contrarian, markets are booming but it's quite overextended and going long at a top is the most monkey trader thing to do. I'll do a reverse analysis where I start with the intraday and follow up with the daily. So here's my take on things: What's on the intraday chart? (Follow the steps) 1) A 4 hour bearish FVG. This will serve as my entry zone. 2)...
The current state of the NASDAQ indicates an extreme overbought condition, with a rally influenced by speculation surrounding six potential rate cuts in 2024. However, the risk arises from the Federal Reserve's concern about inflation. If the Fed, in response to persistent inflation, opts to raise rates, it could lead to a market decline. Conversely, a decision to...
The NAS100 experienced a substantial rally towards the end of last week, displaying signs of being significantly overextended. A retracement may be in store, particularly if the Dollar Index (DXY) maintains and strengthens its position, considering the general inverse correlation between DXY and US100. It is essential to emphasize that this analysis is provided...
I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review & analysis in case it can help you :) Did my analysis at +- 5:20am. At time of analysis I noted the following: The early morning bulls had pushed up significantly. This means that my bias would definitely be bullish and that I would look exclusively for a buy. Exclusively...
We are at a pivoting point in the markets, everything seems to be bullish and yet I have this bearish itch. Markets seem to be overpriced, notably the NQ. However the S&P500, has had a healthier correction and the continuation of its rally makes more sense. Since both markets are highly correlated, it would be absurd to short the NQ while the S&P500 looks so...
Price provided with a head & shoulder pattern plus an AB=CD pattern. I am anticipating bearishness after a long the newly formed Lower Low
Here I'm trying to change things up with a smaller timeframe (15min) analysis because the daily is nice but how does one trade that? Well here you have it. What is on the chart? 1) Yesterday's session low, aka sellside liquidity, that hasn't yet been taken out which gives us a juicy target for the day. 2) Yesterday's consolidation that gave the upper hand to...
Here I present my technical Analysis for Nas100 , with key zones where I will be more interested in taking some trades.
What are we looking at? 1) An all-time-high (ATH) to end 2023 with fireworks and champagne. 2) A sneaky daily bearish FVG that we know is relevant thanks to step 5 and 7. 3) A retracement creating a range that ends on the notorious 0.618 fib level (weekly fib). 4) The continuation of the general trend, price pulls back into the range and creates a daily...
The year 2023 proved to be exceptional for PEPPERSTONE:NAS100 , witnessing a 70% increase in the index. However, the onset of 2024 brought about a correction in the index. Notably, the rise observed in December is confined within a rising wedge, suggesting a potential reversal. The index has indeed breached the rising trend line of the wedge, and the recent...
I will be looking to buy nasdaq100 at lows, where am exactly more comfortable to buy Nas100.