I was #bearish #TSLA from the wave B top, even before it actually got hit. We are at TTR looking for lower lows before any significant rally emerges. TTR is also looking for much lower levels into end of the year! Expect a move down to 144 and 135 next
The NASDAQ:NDX , Nasdaq 100, is at a support level on the daily chart, left. The 4Hr chart shows it is almost at the 320Moving avg, left. Being that there's support & the intraday is at a Major Moving Avg, we'll likely get some sort of bounce around here. The index is also oversold daily & intraday. NASDAQ:QQQ NASDAQ:TQQQ NASDAQ:SQQQ
hello traders.. the U.S. stock indices have been getting pounded by bearish sentiment related to new war conflicts. Also, they were due for a pullback as things have been quite bullish the last few months. Price currently is testing a Daily support level on Nasdaq at 17,500. The NYSE 1hr candle just closed strong bearish below our Daily support level and we are...
AMZN got a perfect weekly topping candle, followed by a bearish engulfing candle (one more day to confirm) Watch for a dip below the 150 level. Im going to short it very soon, will post it live when I do
Nasdaq is bearish on its 1D technical outlook (RSI = 37.414, MACD = -64.490, ADX = 50.187) but the 1W RSI is still bullish (RSI = 56.510). You can see the reason on this chart. The long term pattern is a Channel Up that is supported by the 1W MA50 for the past 13 months. The current pullback can be seen as a phase similar to the consolidation of August-November...
Nasdaq (NDX) is on the pull-back process, a correction that we called on our March 12 idea (see chart below) when the index reached the top of its 1 year Channel Up: Even as recently as last week (see chart below) we called for the ideal sell entry and set a 17500 Target: As you can see, the index emphatically broke and closed below the 1D MA50 (blue...
Been a long time since I posted! Firing it up with my bigger-picture view of the Nasdaq. Longer timeframe: Multi-year cup and handle - bullish into year-end Shorter timeframe: Rising wedge - potential window of weakness around the corner (end of Feb?) What's actionable about this chart? - If actively trading watch for a short-term sell signal - close...
Weekly plan: NQH2024 SEED_ALEXDRAYM_SHORTINTEREST2:NQ FUTURES 4/07/2024 18406 >> 18566 >>> 18718 Weekly pivot: 18284, Now 18172, Weekly Open TBD 18063 >> 17934>>> 17734 ------------------------------------------------- Based on the provided levels for the NQH2024 futures contract, here's a weekly trade plan focusing on trading from the pivot to the upside...
17780 point is the point to be protected and the stop point. I still think bullish, target point 18400. long position can be taken with bullish confirmations or long can be taken from the region above 17300.
Nasdaq (NDX) marginally broke and closed a 1D candle below the 1D MA50 (blue trend-line) last week but quickly recovered on Friday and this week has established its price action above it. Still it is under Lower Highs following the March 21 Double Top. It is a fact that the 1D MA50 hasn't been broken in 5 months (since November 03 2023) so last week is the first...
I will be more interested on the two marked zones for me to see the bulls keep controlling the market, but price and time will tell where the market is going to go. Taking into consideration the economic data also.
The move during the NFP news event reacted real strong on the 4hr demand. Big long orders were pushed into the market, I expect that the upcoming CPI news event will likely do the same targeting the next weak high.
Nasdaq crossed yesterday under the MA50 (1d) for the first time since November 3rd 2023, as well as the 5 month Channel Up. This is a major sell signal as last time it did that coming on a Channel Up (August 9th 2023), it initially dipped to the 0.236 Fibonacci level. Trading Plan: 1. Sell on the current market price. Targets: 1. 17450 (Fibonacci 0.236 as well...
Hello My dear Indices Traders, This is our Day Trade master plan to Heist Bullish side of US100 Market. my dear Looterss U can enter at the any point above my entered area, Our target is Red Zone that is Hgh risk Reversal area, If There is any Bad news it make our heist very sad and if the news is favorable for us then we can continue our looting from there with...
Speculative bubbles excite traders and investors alike. NVDA is the absolute winner of the AI craze. Craze is the sentiment of the market cycle peak. After craze and euphoria, fear and denial will inevitably flood our minds. It is nothing more than the never-ending cycle of the economy. A simple line drawn on a chart spells the ultimate demise for...
Nasdaq has turned neutral on its 1D technical outlook (RSI = 54.257, MACD = 119.240, ADX = 31.710) for the first time in 3 weeks, after a rejected on the R1 level (18445), which formed a Double Top. If it crosses under the 1D MA50 (which has been in support for 5 straight months), we will have a breakout sell signal and we will target the top of the S1 Zone (TP =...
The weakest minion can terminate the Apple dominion. Apples, like all fruit, are born to serve two purposes. To spread the apple species and to feed birds, worms and humans. The life of the apple is interesting to watch. It began as a tiny seed in the fields of NASDAQ in 1980, weighing at $0.39 (or grams). Now the apple has grown to be almost 800 grams. That...
Nasdaq has been trading within a Channel Up pattern since late January and as you can see on the chart, every time the Bullish Leg held the 4H MA50 (blue trend-line) halfway (blue ellipse), the price continued the uptrend for a +5% Higher High. This time, the index closed a 4H candle below the 4H MA50, for the first time before a Higher Highs was priced. It is...