#NASDAQ Analysis base on H1 time frame Hey traders, I hope you had a good week with good profits from this market. If you Like this Analysis, Please Like it for more Support… As you can see, NASDAQ is going to create a Head and Shoulders Pattern. So we can wait for Breaking out Neck Line and in Pull Back get a LONG position on it. But if you are a Hight...
MFI staying oversold, indicators are broken, which happens during a tank. Basically means they've shut the algos off. Look to me like it's a liquidity issue caused by rising long term rates. Impossible to tell when it will bounce...could be today, could be April, lol.
These form, or may form in volatile uncertain market, there is more and more violent movements, with no clear direction for the market. Here it's one that is directed up, in a bubble bull market that mostly ignores bear information. Trump trade war megaphone market, an accurate representation of a guy yelling personal attacks against US official and against China...
looking at the market today we see a good opportunity to go LONG. I dont see a meaningfull move to the upside, but due to the big volatily we could have a big trade.
For 2/23 #nq_f * Y'day balance 13339 * ON balance 13184 * Weekly balance 13241 * Control 13810-926 * Longs above 12966 target 13128 then 13266-380 * Shorts below 12966 target 13867 then 12784-649 *
I WOULD BUY THE DIP. MARKETCRASH WILL HAPPEN BUT NOT YET. IF YOU WANT TO KNOW WHEN STAY CONNECTED WITH ME. IF YOU SHORT HERE YOU WILL HAVE A MARGIN CALL LOL. THANKS AND ENJOY!
Rising yields creating inflation fears and rate hikes being priced in. But this market is on crack & will most likely bounce back because the party can't be over. J Powell could jaw bone this market to all time highs just by saying he's going to do yield curve control.
I am posting this chart for posterity and for its beauty. NQ weekly view since 2015, we have a very large megaphone pattern (generally bearish and chaotic). If you see the pink circles in the top right corner, this megaphone was never supposed to break to the upside but they juiced it anyways... you can tell because they needed 3 retests of the breakout to...
Short Term Elliott Wave in Nasdaq (NQ) suggests the rally from September 21, 2020 low is unfolding as a 5 waves impulse Elliott Wave structure. In the chart below, we can see wave (4) ended at 12727.25. Index has resumed higher in wave (5) with subdivision as another 5 waves in lesser degree. Up from wave (4) low, wave ((i)) ended at 13584.5, and pullback in wave...
Contract - CME_MINI:MNQH2021 - High - 13256.50 - Low - 13221.50 Evening Stats - Gap: = N/A - Session Open ATR: 234.01 - Volume: 41k - Open Int: 230k - Trend Grade: Bullish Key Levels (Rounded - Think of these as a range) - Long: 14150 - Short: 12500 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions...
Both MFI and RSI. Could still hit either my blue or orange line, but time to start dipping into calls.
Hello traders, Nasdaq/US100 today signals : Sell 13379 (2) trades one breakeven other exited @ 13284--> +95 💰💰 Let us know in the comment section below if you have any opinions or questions. And PLEASE smash the LIKE button. 😉
Appears NQ broke the next trendline down and is headed to the next blue line. Might buy some calls when both MFI and RSI go oversold. Did not expect it to be this weak, it really is doing the same thing as last Feb, lol. Of course I don't expect an epic tank like last year but definitely seeing money leaving the futures market now. Gotta say, the EUros had me...
NQ daily time frame is showing signs of an up channel. The market hit the top of the channel and is starting to pull back towards the bottom of the channel. Once of if the market can form a low price near the bottom of the channel. It would be a good idea to turn to the one hour time frame and to look for an up trend in the buy zone towards the top of the daily channel.
Since Biden is greater than God, we can expect a nice float in the MACD clouds here for awhile. This is his market now, and Biden can't fail.
For 2/22 #nq_f * Y'day balance 13399 * ON balance 13459 * Weekly balance 13653 * Control 13377-433 * Longs above 13450 target 13509 then 13636-715 * Shorts below 13450 target 13380 then 13266-13128 *