Market Observations: The #NAS100 has maintained a bullish trajectory. However, price action on the monthly timeframe suggest the #US100 is overextended. Additionally, the weekly chart reveals a double top pattern, hinting at a potential retracement down to the 50-61.8% Fibonacci levels. This area could provide the liquidity needed for major market players to fill...
Market Observations: The #NAS100 has maintained a bullish trajectory. However, price action on the monthly timeframe suggest the #US100 is overextended. Additionally, the weekly chart reveals a double top pattern, hinting at a potential retracement down to the 50-61.8% Fibonacci levels. This area could provide the liquidity needed for major market players to fill...
Please, check our technical outlook for US100. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 17837.3. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 17329.5 level. P.S The...
microsoft is doing good with gamepass and chat gpt also. This bad boy is about to blow to 315 soon> I see some exciting pattern from the chart. Looks like earning will be nice also.
HELLO TRADERS Hope everyone is doing great 🛑 A look at NASDAQ ahead of the day 📌 NASDAQ 4H TF * Looking at US100 from the 4H we see a break above BSL * FULL BODY closure above possibly signaling continuation. * If we see momentum back into the range i would be looking for shorts. * But for now NASDAQ is signalling some strong BULLISH momentum. *...
Hello Let's have a new update of Nasdaq Well, we see that we are strongly bullish. Be careful, friends, do not enter into sales transactions Only sell as a quick scalp With this bullish intensity, targets of 19,000 and 20,000 will be available Do not enter into any transaction without confirmation
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
The Nasdaq performed well at the start of the year and this trend is probably not about to run out of steam. More details in the video.
Nasdaq (NDX) is extending its aggressive rise of the Bullish Leg that started on the October 26 2023 Higher Low of the 1-year Channel Up and by the strength of it, it appears it will extend it to the max. That potential max extension is in the range of 18100 - 18300, which is the top of the dashed Channel Up and the top of the dotted 1-year Channel Up, which was...
Here is our detailed technical review for US100. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 17597.4. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 17170.0...
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....
Hi Trader! U.S. Treasury yields climbed on Wednesday after an unexpected rise in UK inflation last month and stronger-than-expected U.S. December retail sales data strengthened the case that interest rate cuts will not be as imminent as the market expects. The UK inflation print, as well as more push-back from European Central Bank officials on Wednesday against...
US100 made nice bullish Move up but a strong Horizontal resistance is ahead At 17638.5 from where I think We will see a bearish reaction !
Hello traders! This is my idea related to the US500 M15. The sellers' sentiment is still strong, and I expect a new ATH until the price of 5000 after that, I will look for a shot trade entry. It represents a good opportunity to look for a long trade entry. Traders, if you liked my idea or if you have a different vision related to this trade, write in the...
Continuation Bullish flag forming. Retracement to 0.5 and support level. Longs till -0.38 fib level.
Hey Traders, yesterday’s market shake-up wasn’t just about the Fed's chess moves. A trifecta of less-than-stellar employment data, lukewarm tech earnings, and regional bank jitters sent the NAS100 on a rollercoaster, underscoring the fragile nature of our current economic landscape. The Fed's stance was the talk of the town, maintaining a rate plateau between...
Entered Shorts at 385XX Levels Yesterday. Aim TP1 at the middle moving average line.
Nasdaq (NDX) appears to be forming a Top approximately at the levels we described on our most recent idea (January 23, see chart below): Today we move to the 4H time-frame where we can discuss the shorter term parameters of this expected pull-back. As you can see right away, the July 2023 peak (and the price action that led to it) is very similar to today's...