www.tradingview.com The Nasdaq has reached the end of the uptrend, it is starting his bearish cycle at the price of 15448.
US100 D1 A very similar take on US100 here as we had previously marked up on US30, the only difference is 'major resistance' price here indicated at 15335 better held as resistance from more recent trade. As compared to US30 where we are now using that 34000 price as a hopeful retest. That being said, the reward is greater on US30, being 6R, as compared to...
Nasdaq (NDX) broke above the 1D MA50 (blue trend-line) and has almost reached the top (Lower Highs trend-line) of the Channel Down pattern that started after the July 19 High. The 1D STOCH RSI Bearish Cross suggests that this is a sell opportunity on the short-term at least, towards 14900 (0.5 Fibonacci retracement level). But what if this is not a Channel Down...
US30 D1 Big daily timeframe again here, you can see how much US30 has given back off the back of the dollar correction. That being said, we blitzed through 33600 resistance with no issues, the next area of correction/pivot may lay around 34000 whole number. A nice area of D1 resistance and supply, 34000 whole number, and a solid 6R measure to see a 50%...
Over the past year, as I've closely examined my chart, I've noticed that the US100 is exhibiting characteristics commonly associated with the Wyckoff trading method. This method often involves significant market makers buying at lower price levels and subsequently selling at higher price levels. The trade setup based on this pattern appears to be quite...
Nasdaq / US100 is about to hit our second target (chart at the end) as it is approaching the Falling Resistance. Our strategy was purely based on the identical patterns of July-August and September-October. The index is close to a 4hour MA50-100 Bullish Cross, signalling the end of this uptrend. We estimate a peak no more than 15350. If accompanied by a 4hour...
Nasdaq is on two conflicting patterns on the short and long term. The Bullish Megaphone that drove it out of the Bear Cycle after the late 2022 Triple Bottom is still holding and closed last week with an emphatic rebound but at the same time so is the short term Falling Wedge that started the correction on the July 19th High. This conflict and medium term balance...
second pair up on our markups for today is NAS 100 otherwise known as the NASDAQ pretty similar looking setup here we have a bullish swing range with a swing higher and a swing low preformed the Main point we need to focus on here is the swing high technically has not been formed through to regular price action it's actually been formed from the gap that was...
Nasdaq is rising after the price found Support at the bottom of the Falling Wedge. It is approaching the MA200 (4h) but the technical Resistance is inside the 0.618 Fibonacci level and the Falling Resistance. Trading Plan: 1. Sell at 15170 (Fibonacci 0.618). Targets: 1. 14900 (pull back to the MA50 4h). Tips: 1. Only a crossing over Resistance (1) can restore...
Nasdaq (NDX) has been on a 3-month correction since its July High. No need to mention that this High almost touched its All Time High (ATH), almost recovering in less than 1 year the value lost in the Bear Cycle. ** 2010 Higher Lows and Megaphone ** The Higher Lows (dashed) trendline that has been in place since 2010 after the recovery from the 2008 - 2009...
I'd like to share my insights on the US100. As the week is coming to a close, it's important to be mindful of potential stop runs by institutional traders, which can be quite aggressive on Fridays. Additionally, we have the Non-Farm Payrolls (NFP) report scheduled later today, so if you're considering trading, exercise extreme caution. These remarks are more in...
Nasdaq (NDX) recently broke below the Higher Lows trend-line of 2023, the trend-line from the start of the year that has been supporting the strong recovery. This created the conditions for further decline, especially since the 4H MA50 keeps the price action below it, but so far Support 1 (14430) is holding. The above levels are those we will use as break-outs. A...
Yesterday for me it was reversal for minimum deep correction. If price break last Higher it should be take my target. This is just my opinion
Pair : NASDAQ - US100 Description : Impulse Correction Impulse , Correction in a Corrective Pattern " Bearish Channel " and Completed ( 123 / AB / WX ) Corrective Wave and Bullish Channel in Short Time Frame if it Breaks the Lower Trend Line then Short
Nasdaq remains bearish on the 1D timeframe (RSI = 40.412, MACD = -138.180, ADX = 35.654) but it is on the HL trendline, the supporting trendline that emerged on the December 28th 2022 low. According to the 1D RSI, comparisons can be made with the September-October 2020 consolidation fractal around the 1D MA50, following the COVID recovery. After the 1D MA50 got...
DJI Chart Checking some TA, which I should have done more thoroughly on SPY, I would have seen the obvious TA screaming we go higher. Both the SPY and DJI technicals are stating we go higher. RSI, MACD, MFI, and 50MA are pointing to higher moves in the market. In fact, taking a look at the 10YR is another confirmation of where we're heading.
Nasdaq / US100 is consolidating around the 4hour MA50. It is a similar Cup and Handle pattern with August 24th. Buy and target 15050 (4hour MA200). Then wait for a 1day pull back. Re-buy and target 15330 (Fibonacci 0.382) under the Falling Resistance. RSI patterns identical, both showing we are in the phase of the 4hour MA50 consolidation. Previous chart: ...
NYSE:MMM CME_MINI:NQ1! OANDA:NAS100USD PEPPERSTONE:NAS100 I noticed the relationship between the #MMM movement in the past and the Nasdaq movement now. If based on the #MMM chart, then the goal for us is about 9000 points.