Elliott Wave View in Nasdaq (NQ) suggests it is currently within wave ((5)) from March low. The Index still needs to break above wave ((3)) at 12465.25 on September 2 high to validate this view. Internal of wave ((5)) is unfolding as an an impulse Elliott Wave structure where wave (1) ended at 12249 and wave (2) pullback ended at 10945.77. In the short term 45...
Price at resistance line and momentum oscillators moving into oversold area. Moving stop to breakeven and taking 50% profit at 12176
+2 Channel Trading +1 High time frame (1H ~) +1 Volume profile +1 Trend trading Strategy Quality 5 / 10
NQ1! today hit a resistance level and instead of continuing to uptrend, it made a lower low. The failure is also shown by the MACD. I think that NQ1! has exhausted it's momentum.
daily chart has built in divergence now no matter how high it goes. i will short at touches of the daily bollinger band at 2.5 sd
+1 Break Support or Resistance +1 High time frame (1H ~) +3 Inverted candle +2 Major Support Line Strategy Quality 7 / 10
Contract - CME_MINI:NQZ2020 - High - 12258.50 - Low - 12122.00 Current Stats - Gap: = +0.38% - Session Open ATR: 306.32 - Volume: 55k - Trend Grade: Neutral Key Levels (Rounded - Think of these as a range) - Long: 12440 - Short: 10950 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target...
Laying out the possible scenarios that could play out as we reach this critical support. I still expect a C wave back down, but that could change if we see a sustained break above the resistance. Copyright Rohan Karunaratne 2020
Nasdaq Futures just got rejected from the resistance drawn from September high. Let's see how this goes. The bears may take control once the line that has been acting as support from July and the 23.6% Fibonacci is broken.
tendance clairement haussière, on a assisté à un squeez des vendeurs, ce qui met fin à la correction. la cassure du VWAP avec un volume assez important marquera le début de l'achat sur 15 minutes
Contract - CME_MINI:NQZ2020 - High - 12089.00 - Low - 12030.25 Current Stats - Gap: =N/A - Session Open ATR: 301.42 - Volume: 52k - Trend Grade: Neutral Key Levels (Rounded - Think of these as a range) - Long: 12440 - Short: 10950 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting....
+1 Volume profile +2 Box trading (or Triangle) +1 minor Support Line +1 Good entry point Strategy Quality 5 / 10