#NQ_F two-legged pullback (an abc correction leg) has been completed. Bouncing off of the 70% retracement + 4H FVG from the beginning of this month. If a HL were to be formed, I believe 17450 is it. Larger time frame second entry long at play.
A pullback to the Optimal Trade Entry (OTE) Area, accompanied by a Fair Value Gap (FVG) formation on the 4-hour chart and favorable liquidity resting, could serve as a strong trigger for buy positions.
DISCLAIMER: THIS IS A VERY LONG READ . Monday is Presidents Day. In America, this is a day we honor 46 individuals who have held that office both past and present. Ask anyone who keeps up with current news and events, and they will agree, America is a politically divided nation. The vitriol, one political party has for the other, seems like it’s never been...
The upward momentum of the Nasdaq appears to be weakening. In the light of our primary scenario, this is to be welcomed, as the last all-time high should ideally be surpassed only marginally the price enters the well-deserved correction of its magenta-colored wave (ii). If the Nasdaq shoots significantly further north, the magenta-colored wave (iii) could already...
This is why the next 6-12 months in the markets are going to make zero sense. 2020 the FRED not only created money they injected so much unnecessary money that have they not enforced global lockdowns the "2022 mini bubble" would have looked like 2000. Markets will follow and always adjust to debasement meaning your earnings / your P/E ratios are useless in...
2/12 Weekly Plan. NQ Futures March ESH24 Weekly Pivot is 18,007 Targets 18,112 18,270 18,426 Targets 17,864 17,660 17,482
Bull flag breakout target 18250 Expecting some conolidation to set in closer to that level Be nimble
A decisive moment draws near as a familiar, but forgotten trend incredulously appears. Outlined in "S&squeezed" linked below, caution was appropriate until new highs were confirmed. Enough time has passed. The carcasses of blown accounts can serve as a launch pad to revisit the fib that was lost at 4500. This is now underway. Soon to find out which way...
Aiming to get a pullback to mitigating previous Bullish Impulse. Now price gave a BoS, and I am waiting for the mitigation of the OTE.
Enough Bullish confluences: - Internal Break of Structure - Major Swing High Taken Now waiting on the OTE Level, that also has a OB+
I am still waiting the 50% Pullback on the latest Bullish Impulse. Said this, I would disregard the analysis if the Price closes above 174646.
0.786 from the previous high is a good shorting entry in my opinion. Magnificent 7 is done with their earnings(except NVDA), so I am not seeing much stimulus from big tech. Most tech stocks are not doing well, and I am seeing some extent of selloff in 1-2 months.
Support and Resistance Back to Basics : and understanding the tool to interpret price action can get you small wins on a daily basis. Here are a few examples how to use it in today price action. Especially when all three markets are in alignment. Is that simple! Stay Frosty!
This is my Weekly Outlook of the index, NASDAQ 100, via top down analysis. Please leave a comment, as I would love to receive feedback from viewers. Thank you for watching. May profits be upon you.
Hello For me NQ will have 2 scenarios: - It will reach 17360 then fall until 17050 - Or it will break out the 17360 in order to go up until 17780 So, keep eyes on levels drawn on my chart in order to have some idea. remember that I do not have a cristal ball predicting markets future but I try to be more efficient and rationnal. GOOD LUCK
Good evening and i hope you had a good trading day. Bulls took over in the globex session and we never looked back. Yesterday i said in my short term outlook that we go up and we did. nasdaq e-mini futures Most bullish indix of em all. Many of the same as dax for today. Nq just reached higher prices. We are trading 38 points below the december high and i...
NQ failed to make a new high and took sellside today. im bearish below this zone. Watch previous swings as liquidity grab that might act as a turtle soup.
Im bullish until we break this zone below. Watch 16866.50