LondonTradingFloor

LondonTradingFloor

Nasdaq Analysis The market is currently at a very key area 11059- 10955. For the bears to continue we really need a clear break here. We can see last week this area got tested but failed to break and pushed price back up. If we do get a break of this area I expect price to push further down to 10703. However if this area keeps strong then price can bounce up...

LondonTradingFloor

Hello, Nasdaq is still in a rising channel and for the bulls to continue we need a break of 13278, if we get a break of this area, price is expected to push to 13540 area. For the bear to come in we need a break of the channel to the downside. If price breaks the channel down then price will push to 12859.

LondonTradingFloor

Hello, Nasdaq is currently at the area of resistance at 12397 here it has attempted to break many times. If this area does get broken then we may see price push to monthly highs again. However with the current market i would prefer the thought of marketing pushing down again to reach monthly lows again and then break through this to reach the next monthly...

LondonTradingFloor

A quick nasdaq setup. If prices breaks out the triangle il wait for a retest and then enter to ride it down to 12100 area.

LondonTradingFloor

Hello, As the market carries on moving down, we must watch out closely for key areas as these areas will need to be broken before price goes down further. Im drawn out some key areas and you will see how price reacts around these areas. There is still likelihood price can reach 11000 area and lower. Watch out for my Lower level analysis

LondonTradingFloor

Hello Everyone. Another great trade as planned. As analysed yesterday the price broke down this triangle it formed yesterday and reached the first target 12976. Price will most likely continue to push to areas of 12786. Learning to draw key areas is so important as prices bounce around these areas. If you can get your key areas right you will not even need any...

LondonTradingFloor

Hi Everyone, Currently nasdaq is consolidating and i expect nasdaq to breakout this consolidation very soon. Im expecting a break to the downside and if we do get this continuation of channel then price will push down to 12430-12227. However if price breaks out of this channel up then i would wait for a break of 13360 to look for buy trades.

LondonTradingFloor

A beautiful break out of trend line, broke through 13250 and now on route to 13000 area as explained on previous analysis. This area is the monthly structure and we expect all the buyers to be sitting here. However as this structure has been hit few times now i wont be surprised if this structure lets through and we may go lower than 13000. If you missed this...

LondonTradingFloor

We had a rejection at 14385 zone where sellers pushed the price back down. The consolidation will most likely be broken today pushing prices down to 12955 monthly support as explained on previous analysis. Key areas are so important when taking trades, getting them right is half the work done.

LondonTradingFloor

Hello Everybody. This month has so far been another crazy month on Nasdaq, those who know me, know i been calling this drop for weeks now from the top. Lets see how this month ends now. Last 2 months we had come consolidation and this month the consolidation continues however this may change as we approach 13000 zone, if price breaks this support then we may...

LondonTradingFloor

Hi Everyone. Currently the market has been making Lower lows and Lower highs. Market has tested a area of resistance 14936, if this area holds price will continue down to make another lower low however if price breaks we make see bulls come right back in pushing price back up. At this point i would wait for the retest to enter. Bear Target: 14660 Bulls: 15250...

LondonTradingFloor

Hello Everyone, Nasdaq has had a strong bullish rally over the last couple weeks. As we approach the end of the month, we are now approaching the bullish channel centre trendline which is also previous month highs where price will most like reach and then fall. I expect prices to reach 15268 area by end of today/tomorrow. From there price will come down to...

LondonTradingFloor

HI Everyone, After a very bullish last week, we may see some pullback this week before the price continues in the bullish trend. On the daily the market is still bullish any sells will be short term as the overall market is bullish. Currently the market is in a key area of resistance 14362 where im expecting price to reject and come back to 13977 area or 13637...

LondonTradingFloor

Ftse100 is currently retracing after a very big movement to the downside. This retracement can take us up to the golden area of 7145. Here we can sell to push prices back down to the support area of 6900, if broken can take us to areas of 6575-6337.

LondonTradingFloor

Hi Everyone, Nasdaq is still very bearish as we can see on the daily timeframe, we have this long wick that needs filling, I will be waiting to see the best entry for nasdaq sell, Currently the market is retracing and looking at the chart it looks like it will go to areas of 13743 or 13927 before pushing back down to 13400 area. Break of 13400 area will take us...

LondonTradingFloor

Is nasdaq about to break to the upside or come back down to previous lows?? If price does break up then we may see price go up to areas of 14734-15404. However if price comes down then price might come to fill the gap of the big wick it left on the daily. Down to 13213.

LondonTradingFloor

After a great sell off we are starting to see some retracement, I think Nasdaq will come to 14300 atleast before pushing back down.

LondonTradingFloor

Hi Everyone, We had some amazing sell this week as i had analysed week before with some important key levels. Key levels are so important as they will give you a direction where price will be going. Nasdaq will most likely continue to go down further 13171 and lower. We had a break of 13914 zone a key area of support. If the price closes and we get...