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Looking for Buying Opportunity. After the retest of downward channel will gains bullish momentum to make new higher highs potential to move upto 18000

sk-investopedia Updated 

Hello Traders!!! I would like to share my Nasdaq100 analysis on my view point. /NQ expected to move based on the fed interest rate decision and QE tapering. Currently /NQ broke its support at 16150 level on the 4hr time frame. On failure to move higher we can expect selling pressure. Bullish Scenario: I always like the long idea is profitable one. But...

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Hello Traders! Today crude oil is trading at the consolidation range to gain upward momentum. price at 62$ offers weekly support. once it breaks the trendline resistance more possibilities to go higher in a bullish bias. first target will be 77$. On failure to break the trendline resistance, then possible downward pressure in action to retest the support areas at...

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Hello Traders! Nq is trading at the resistance zone. Bullish scenario - the sustained move above 16040 will have possibilities to resume uptrend and may retest the previous highs 16140, 16400. Bearish scenario - On failure to break the resistance and move below 15850 shifts the trend bearish outlook. downside targets will be 15600, 15100. we can expect pullback at...

sk-investopedia Updated 

1. Head and shoulders pattern formation and neckline breakout 2. retest 3.swing high on retest area will be stop loss and sell high 4.trendline breakout confirms further downside target -15600, 15150. 5.strong support near 15000 -15100 will be the bounce area . based on support levels it will pullback and give downside targets. volatile week.