By checking the #NASDAQ Indext Chart in the 4-hour time frame, we see that the price is close to an important supply range (18085 to 18175 and 18250 to 18340) and we will probably see a drop of #NAS100 soon, The possible targets of this drop will be 17940, 17780 and 17670 respectively! Please support me with your likes and comments to motivate me to share more...
NAS100 has done it first impulse as sub-wave 1 of wave 5 now pair is expected to pull-back towards the FVG on 61,8 Fibonacci retracement...
After examining the NASDAQ chart on a 4-hour timeframe, we noticed that the price, following our previous analysis, experienced a drop of 170 pips and managed to correct to 17,970. Subsequently, it regained demand and moved towards the second supply zone. Today, as the NASDAQ index reached 18,250, we witnessed a significant drop from this level, with a decline of...
Please, check our technical outlook for NAS100USD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 18154.0. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 18409.4 level. P.S Overbought describes a...
After examining the NASDAQ chart on a 4-hour timeframe, we observe that the price, after an initial correction from the 18250 area, has re-entered this zone and shown a negative reaction! As I mentioned in the previous analysis, the range from 18250 to 18340 is a very important supply area, and I expect the price to react to it! Now, if the price stabilizes below...
Major correction to be expected in the weeks to come ,starting most likely from next week ( May 6th) . This correction will occur on stocks , indices and most asset classes and will reach as deep as 26% on average and possibly even deeper . For NASDAQ:NDX I expect it to reach at least the 14000 mark , and possibly even as deep as 10500 -10000 . This...
NDQ100 Nasdaq has formed the same pattern we saw last year (2023) before a massive rally, a beautiful descending channel. This doesn't guarantee an immediate breakout to the upside, cause I see a potential downward movement. If NDQ crashes, it could have an impact on the crypto world.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 17280.9 level.
Investors will likely turn their attention towards the US CPI data released on Wednesday. Unlike in Europe, inflation has been surprisingly stubborn in the US in the past few months, and that has been limiting the Federal Reserve’s ability to start considering cutting rates. Whilst the resilience in the economic data has been keeping US equities supported, the...
Fibonacci tool is the basis of my analysis.once we achieve a double top at 18444. It is a major drop to 12000 and a possible 7000. A crash I would call it.
just another brief post to help some of you who may be struggling with proper analysis... Remember even bullish markets need retracements... The bullish trend is HL/HH’s... If the market is at a HH with proper certification of completion…then it will retrace to form another HL. Do not get fooled into thinking the market is permanently reversing…it is just the...
Hey Traders, in today's trading session we are monitoring NAS100 for a selling opportunity around 18300 zone, NASDAQ was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 18300 support and resistance zone. Trade safe, Joe.
Hello Traders and welcome back to another Video analysis. We break down the relationship amongst different asset classes when gauging market sentiment. In particular, how to analyze market direction on the Nasdaq 100 by looking at the Volatility and Dollar Indexes. We combine this sentiment analysis with candlesticks, and how they leave clues for us when...
US100 Ready to Test The Top Again Price broke out again from a strong resistance zone now turned into support. The breakout looks solid and after the weaker-than-expected NFP data it looks like the market may speculate more about a rate cut from the FED sooner than we may expect. This speculation can push US100 up to the other resistance zones as it is shown...
Index is near bottom of orange channel and also near to 1D SMA50 I think it will going to break soon because correction is not over yes I suppose a final destination of 10% at around 17000
Possible sweep of Liquidity around 18200. Looking for counter trend back into Daily Imbalance then possible trend continuation to next target area around 18365.
Back in August 2011, you could buy the Nasdaq for ONLY 1 ounce of Gold! #gold #nasdaq
Nasdaq (NDX) easily hit our 18000 Target, which we set 2 weeks ago (April 23, see chart below): That was the top of the Channel Down and 0.786 Fibonacci retracement level. As mentioned this is an important Resistance level as during the previous correction of the 1.5 year Channel Up (which bottomed on October 26 2023), the 0.786 Fib was the level that...