By checking the #Nasdaq chart in the 4-hour time frame, we can see that the price has finally penetrated below 17120 with a heavy drop, and with the stop Stop hunt and re-collection of liquidity, it is associated with relative demand, and it is currently trading in the range of 17295! The range from 17315 to 17470 is a Bearish Breaker Block that can cause the...
Nasdaq (NDX) finally hit yesterday our long-term bearish Target (17130), which we called a while ago (March 12, see chart below) but was postponed due to the Double Top formation:
The index is now on a mixed sentiment as even though it is on a correction sequence below the 1D MA100 (green trend-line), the 1D RSI hit the 30.00 oversold limit as this Bearish...
By checking the #Nasdaq chart in 4-h time frame, we can see that the price was exactly as we expected, after it entered the Bearish BB supply range, it was accompanied by selling pressure and was able to hit the main target with more than 430 pips profit! In the coming week, we will probably have a short upward movement first, and then with the right trigger, we...
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** NAS100 Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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US100 Near Strong Resistance Areas
US100 broke down from and ugly variation of a bearish Head & Shoulders pattern.
It is ugly because the price moved up and down for a long time without any clear direction.
Despite the strong trend now we can see US100 below the neckline of the pattern showing for further price decline.
Considering that the trend is still...
Hello Traders and Investors, today I will take a look at the Nasdaq.
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Explanation of my video analysis:
For more than 10 years the Nasdaq has been trading in a pretty obvious and also profitable rising channel formation. We saw the last retest of support back in 2023 which was followed by a significant rally of +70% towards the upside. As we are...
First entry failed (rare case senario)
so here is a more detailed chart with alternative entry points
where i expect reversal even tho ive been crying wolf (recession crash) im not
looking for it just yet but market doesnt wait for anyone now does it
maybe it may lead to a retracemnt for bearish continuation ill update for interested parties
Daily/4h time frames analysis for US100.
Price action & key levels.
Directional bias.
Thoughts.
Trading plan.
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How i trade my indices as a day/swing trader. I firstly spot where price has been rejecting with my Order blocks then I move to my lower timeframe to find more price rejects but i mainly focus on the major rejections meaning the order blocks that are on 4H,1H,30M&15M. I take trades on my 5minutes time frame
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...
Hello everyone
It seems that last week was the end of wave 1 cycle in NAS100 and its correction has started.
There is no one that can predict what patter we are facing to for this wave 2 cycle it is just an idea.
Please take time and let the chart disclose its internal patterns.
Just monitor uptrend impulses when wave 2 corrects confidently.
Thanks
Next projection on this pair, as price finished off last week breaking through multiple areas of support. Price is approaching a higher timeframe zone (blue region), where I will be watching for a potential reversal back to the upside on the lower timeframe.
Take a look at our analysis for US100.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 17330.1.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 16972.3...
We move on from a week where strong momentum markets (AI names, NAS100, JPN225, Mexican peso) were sold down hard, with traders better buyers of the VIX, US30, gold, CHF, USD, and defensive equities (utilities).
Notably, the NAS100 recorded its worst week since November 2022, driven in part by market players part-liquidating an incredibly extended position in...
