NAS100USD NQ1! NASDAQ 2021 Sep 27 WeekNQ1!
NAS100USD NQ1! NASDAQ 2021 Sep 27 Week
Last week, support came in for good long opportunities.
Temporarily resisted at 15437.
Weekly = Average volume ultra wide spread up bar closing near high.
Weakness appears on UP bars, tighten stops if long.
Daily = Market moved up on reducing volume and narrowing spreads = weakness.
Tighten stops if long.
H4: UHV bar's spread was narrow than preceding bar, means some support has came in.
Strategy for Short: (Test and reject):
Strategy for Long (Test and accept):
Entry will be base off price reaction to these levels:
15700
15518
15440
15163
14999
Like and follow if you find this useful.
Have a profitable trading week.
Nq100
NQ1!, Backtest of the Monthly PivotLast week the market broke the monthly pivot and rushed to retest the monthly S1. The idea was presented in the last post. Buy side has defended the S1 and pushed the price back to monthly pivot. The week started and ended at the monthly pivot. This is half-full-half-empty situation depending on one's view. Considering a short term exhaustion, I would expect a small consolidation before an attempt to breach the monthly pivot. The market is approaching the month end, the quarter end and several option expiration events next week. That could create a roller-coaster while participants do the position management. However, one need to stay focused and ignore the noise. The context is simple: the monthly pivot is accepted or rejected.
A note to myself: when the market is at an inflection level there is a natural desire to predict where the price goes from here. A curious mind is searching for answers by looking at the macro economics, other assets correlation and etc. Such exercise is a waste of time. The objective way is to wait for the market to show its hand by reacting at the inflection levels . Save yourself from a headache to draw the projections. The inflection levels are known ahead of time and the Machines calculated them as well.
09/25/2021
Nasdaq100 strength might be renewed this week, here is whyNasdaq100 is currently on a support of a rising trendline that plots through the rising channel that began in May 2021. Nas100 is expected to renew its strength this week and bounce up from here, rising to 15700 to the previous high. Supported by the 4 hour, 200 Moving Average where price is currently seating, there's high chances the index might rise this week to test the previous high.
On the other hand, if the May 2021 trendline gets violated successful to the bottom, then the 14713.49 August 2021 low will come into focus.
Wishing everyone a successful trading week. Maybe you can also share with me your bias on Nasdaq100 in the comment section below.
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NQ1!, Monthly Pivot Retest, Inflection level to watchMarket has formed yet another consolidation area right above the monthly pivot. The last session breached the level for a short period of time. This is not enough market generated information to infer the next move. Wait and see approach. The monthly pivot is an important inflection level watched by big players. It is also a battle ground level for them. The price may oscillate there without making a directional move driving the short term traders nuts.
If the monthly pivot is defended then we should expect a push back to the top of the recent balance (previous month R2). If not we may see a move to monthly S1.
The week has the FOMC announcement. Regardless of the outcome a spike in the volatility is highly possible.
09/18/2021
NAS100USD NQ1! NASDAQ 2021 Sep 20 WeekNQ1!
NAS100USD NQ1! NASDAQ 2021 Sep 20 Week
Last week, the 2BR in weekly time frame exerted its influence and marked closed down
for the week.
Short opportunities were profitable.
Weekly / Daily = High volume down bar closing off low = some support
H4: UHV bar's spread was narrow than preceding bar, means some support has came in.
Strategy for Short: (Test and reject):
Strategy for Long (Test and accept):
Entry will be base off price reaction to these levels:
15700
15518
15434
15255
15138
14999
Like and follow if you find this useful.
Have a profitable trading week.
#NQ100As we can the market reacted in channel and making LH HL LL HH in the channel market try to broke the level of 15371.0 last to day but dnt broke that level but the Friday it broke with strong sentiment and rejection the upper level of channel resistance long term i can the and expected it will go more down and touch the channel and previous support at 14068.8 .
Do not miss this sell opportunity on Nasdaq100If you missed the sell opportunities on Nasdaq100 the past week, here is another opportunity. Last week Friday our first sell prediction and target came true. Now we see another sell opportunity. Entry can only be confirmed after a successful retest of the broken structure. As we know Nas100 was kept in this confined zone for many days after that we saw a strong push to the downside, violating the support of that structure. Now we are seeing Nasdaq100 resting that level. Will the level hold? There's high chance that this level will hold and push price lower. If that happens, we can see Nasdaq100 hitting our second target of 15217.49
Traders, if you enjoy my ideas please do show your support with a like. Follow for more ideas and updates. If you have different thought on this that can benefit others, feel free to share in the comment section below.
Do also check out my previous ideas on Nasdaq100 for you to have an overall idea of where we are headed. Follow the links below to see my previous analysis.
NQ1!, First Sign of DistributionA balance breakdown on Friday is a first sign of distribution. The monthly pivot reaction to watch. This is the area where we may see attempts of each side either continue downside or reverse back to retest the broken balance. Regardless of that plenty of good opportunities ahead!
The daily breakdown bar has created a lot of talks among the traders and media. This is normal... The next red daily bar would create even more. The market maker is in the business to create the fear environment with the ultimate goal to buy back at discount. It works that way since the day one of the Wall Street. :)
Even if the market enters a bear market violent rallies to upside are expected. Those are good opportunities for day traders.
09/12/2021
Another sell opportunity on Nasdaq100 after breaking below 15575Hello Traders, if you been following my previous analysis, you probably caught the sell opportunity on Nasdaq100 at the highest point. We are still holding our sell orders hoping it will continue to go down. We witnessed quite some number of whipsaws during the New York session opening today and yes we should expect this in a market that is known to be very volatile. My bias on Nasdaq100 is still bearish, still holding the previous sell orders that were taken at high price. Right now, Nasdaq100 is correcting itself and looks to me that it will continue to drop down after the bearish correction has been completed and violated to the downside. I will keep monitoring further developments, hoping to take another sell order if price breaks below 15575.The next target will be 15465, but remember this is a long term analysis, Nasdaq100 will continue to move to the downside to meet the support of the rising channel on HTM. Remember to lock positions when the opportunity is granted.
Hope you are enjoying my ideas. If you do, please do not forget to like and share your opinion in the comment section below.
Happy trading!
Nasdaq: Please, Come Back! 🤒🤒🤒The latest decline should only be of temporary nature. We stick to our prediction that the Nasdaq will increase again soon. In total, we expect the course to rise to regions around 15941 points. There, a correction should pull the course below 15517 points.
Don’t panic!
NAS100USD NQ1! NASDAQ 2021 Aug 30 WeekNQ1!
NAS100USD NQ1! NASDAQ 2021 Aug 30 Week
Last week bullish absorption and price made new high.
Concern:
- H4 UHV ultra wide spread bar looks like buying climax,
- Very high bearish volume has appeared since the uptrend from 19 Aug,
keep stops tight if long
- shortening of thrust
Weekly = High volume up bar close on high = strength
Daily = High volume up bar close on high = strength
H4 = Ultra high volume ultra wide spread up bar followed by tiny spread
up bar closing on low = weakness
Strategy for Short: (Test and reject):
Strategy for Long (Test and accept):
Entry will be base off price reaction to these levels:
- 15434
- 15377
- 15314
- 15138
- 14999
Like and follow if you find this useful.
Have a profitable trading week.
NAS100USD NQ1! NASDAQ 2021 Aug 23 WeekNQ1!
OANDA:NAS100USD
NAS100USD NQ1! NASDAQ 2021 Aug 23 Week
Weekly = Wide Spread High Volume Up bar close near high = Strength,
but concern on diminishing bearish volume
Daily = Wide Spread High Volume Up bar = Strength
H4 = Price advanced on lower volume, narrowing spread = weakness
Strategy for Short: (Test and reject):
- 15172
- 15139
- 15095
Strategy for Long (Test and accept):
- 14987
- 14897
- 14800
- 14710 - 14733
Like and follow if you find this useful.
Have a profitable trading week.
NAS100USD NQ1! Nasdaq 2021 Aug 16 WeekNQ1!
NQ1! Nasdaq 2021 Aug 09 Week
Last week's short from Red zone was good.
Test for supply at 14946 was successful.
Concern: Market approached resistance & demand line on narrow spread,
background was effort no result.
Monthly: Narrowing spread, SOT, Tiny Very Low Volume Bar = Weakness
Weekly: Narrowing Spread, Effort no Result = Weakness
Daily: Narrowing Spread
H4: Narrowing Spread, Effort No Result
Strategy for Short (Test and reject):
1) Upthrust followed by weakness back into 15134 - 15172
2) Resisted by Daily Channel Demand Line
Strategy for Long (Test and support):
1) Green zone
2) 14946
3) Daily Channel Demand Line becomes support
4) Bullish Absorption, Red zone becomes support
Remember to like and follow if you find this useful :)
Have a profitable trading week ahead.
Nasdaq: Let’s Do This! 👻 👻 👻 Although the Nasdaq has been quiet lately, there is still much potential for another run! We expect the course to move further up and reach the zone around 15644 points, where a larger correction should await us. 14849 points are the mark under which the Nasdaq should not fall now.
Happy trading!
NQ1! Nasdaq 2021 Aug 09 Week
NQ1!
NQ1! Nasdaq 2021 Aug 09 Week
Market initially resisted at Bar 1's high. Later an upthrust is formed as market advanced on declining volume.
Market still in uptrend while building its cause.
Monthly: Narrowing spread = weakness (takes time to unfold_
Weekly: Narrowing spread, Effort no Result = Weakness. (Wait for weakness in LTF to flow through to Weekly)
Daily: Reduced volume on up bars, No demand
H4: Shakeout followed by No Supply, however close is below shakeout bar. Need to wait for
confirmation of strength.
Strategy for Short:
1) Upthrust followed by weakness. If 15134 - 15172 is tested and resisted = short
2) if 15059 is breached and becomes resistance
Strategy for Long:
1) Green zone or 14850 if supported there
2) If supported at demand line of channel
Remember to like and follow if you find this useful :) Have a profitable trading week ahead.
USTECH100 HUGE RSI Divergence on Weekly chartHello,
We have a huge rsi divergence on weekly timeframe for WHSELFINVEST:USTECH100CFD that probably indicates us a retest of the support zone at the 14085 level.
The pattern that is configured is W with retest of the neckline, a healthy movement of correction that could subsequently lead to higher levels.
The operations that can be followed are 2 :
Short with take profit in 14085 area or wait for the market to retrace on the highlighted level to enter long in view of 15 K .
Be careful next 2 weeks is earning season for most tech companies.
Not a fianancial Advise.
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NAS100USD 2021 JUL 19 WEEK
OANDA:NAS100USD
NAS100USD 2021 JUL 19 WEEK
Long on dip worked well, followed by triple top rejection and market moved mightily to
reach intermediate support 14683 last week.
Let's see next week if bearish momentum follows through next week.
Weekly: Hidden upthrust = Weakness
Daily = Bearish
H4 = Bearish
Strategy:
1) Short on retractment
2) Critical support 14556 if broken, we may see more downside.
3) If 14556 was broken and price returns to green zone, we can look for long opportunity
Remember to like and follow if you find this useful.
Have a profitable week ahead.
Nasdaq [7-14-21] - Updated Possible Correction Coming?.... Nasdaq rose a bit higher to the 15000 level and showed weakness. Nice looking RSI Divergence at the new ATH. This may possibly be the correction down starting today.
NASDAQ Ripe for CorrectionMaybe not before big tech earnings, but this is a September 2020 playbook in the making. Expecting a blow-off top anywhere between 15,000 to 15,500 but will not trade against this monster unless clear signs of reversal are forming on hourly timeframes.
Current price action, RSI's and volume indicators certainly warn of overheating territories yet we can and we still will grind a few notches higher. Infact 15k is likely as soon as today itself.