Nas100 AnalysisHi everyone, so the market has come exactly where I did say I will come on my previous analysis couple days ago. It was a slow stroll yesterday with all the reactions from the news. We are at a crucial point on nasdaq, a break of this 13585 resistance we will see a new high, 13700-13800, however the market may pull back before breaking this resistance. If we do come down and the market rejects to go back up and break the centre trend line then we can see a bearish momentum bring price back down to 12962-12751.
Don't be greedy, have a plan, every plan will not go right especially during times like this where is very volatile and unsteady so be patient and don't let your emotions take over.
Have a great day trading and if you want to learn you can always contact me, here to help you learn, grow and become profitable
Nasdaqsignals
NASDAQ-100 2/2 UpdateYesterday we saw some strong bullish action with a clean-green engulfing candle on the daily eating up much of the losses ending last week. Was able to take a few trades early morning for about 150 points. This week we have a few heavy hitters reporting earnings mainly google, amazon & Paypal as well as jobs report at the end of the week. For today, I think we'll have a market reaction based on earnings. I'm going to go on a limb here and say that these companies all had great Q4's, but expect most of the market reaction to come from yearly guidance.
From a technical perspective, most of the market geared up for this week, yesterday we can see strong bullish volume and price action. We are still in the Dec 9th channel, near the top. If earnings and guidance are positive, I expect to see what happened when Apple and Tesla reported, a break of the upper boundary and a retest. If this does happen I'm looking at the top two price levels I have marked. Depending on how price forms in these levels we can expect a move higher to blue skies, or a break and a sell of to the lower boundary of the channel, again, much like what happened last week. I am prepared to take longs or shorts after the market reaction to the earnings and perhaps closer to job reports. If there is indeed a break and retest, I am looking for wicks, spinning-tops or big green/red candles to form in a consolidated manner for either a long or shorts. If the price stays where it's at now I am not entering any trades. If there is a push to the lower boundary of the channel going to do what I have been doing these past few weeks, looking for price to consolidate, and look for a long set up, these moves typically range from 100-300 points.
NAS100 AnalysisWhat a week for nasdaq- yesterday it just flew up, nothing was stopping it. Today we have reached another new high, where now? Nasdaq is still in the uptrend that it has been. We may see some more bullish before sell offs or we will see straight sell offs. Market will come down to 13140 then a pull back before continuing. However if the bulls continue we can see 13600
NAS100 AnalysisNas is currently consolidating. Friday we had another new high. If the bulls continue, we can see it reach next anywhere between 13100- 13350. As for the bears, if they do take over we may come back to the bottom of the channel again. Bear target 12900- 12650
This trend has been going on for so long for. Im hoping for it to break very soon.
Be patient, have a plan and execute it. If you are losing money and not making money, then you should stop and think what am I doing wrong instead of adding more money, lose more and then give up. To stay in the game you must learn the game first !!!
NASDAQ - Our favorite, the TECH100💖🌌🛸Like I said before, it's the ONE index to BUY. .. and the one that 'only a madman can attempt to short'
It's rather simple:
Remember to always buy it, especially after it's correction phases are over. Even if they are not you can always buy a bit more then.
The Corporate Technocracy is coming; and it has Nasdaq's footprints all over it.
Nasdaq is a closed group of ' Have to be Winners'. Most are technology🔋 and internet-related📡, but there are financial, consumer, biotech💊, and industrial companies as well.
NAS100 - Trading planYesterday I said to buy at 12575, today there could be another entry between 12631 and 12575.
The highlighted green demand zone is just in case if the market suddenly crashed, there will be great opportunity to buy.
--
This idea is based on my technical analysis only.
Do your research and trade on your own risk!
NAS100 AnalysisThe trend is still a bullish, we had a break out the trend yesterday but it couldn't stay out and came back into the channel. You can see clearly on the 4hour (close outside & then close back inside) and daily chart long wick. Today we may get another attempt on breaking this channel bringing price down to next target 12465 then 12238. As for the bulls, if they carry on the trend then its easy, next target 12787- 12919, a break then next target would be 13100.
Keep trading simple, Do not overcomplicate it. Trading is a skill you learn through hard work, like any career. First Education then Experience. In this industry you will find two types of people, A trader and A gambler. It is your choice which one you want to be.
All the best today!!!
NASDAQ Analysis Hi Everyone,
Happy New Year. Hope you all had an amazing holiday.
Looking at nasdaq I can see this market is about to drop. It is still go higher and higher. Again today it made a new high. However when we get build up like this, it eventually tips.
Bulls- Next target for the buyers will be 13100, It may come back for a retest to 12921 before carrying on or may just be a fake break out and taking all the buyer out ready for a big bearish movement. Will wait for New York market if you haven't already entered.
Bears- If the market does drop our target for the bears will be 12971. If we get a break here, the upward trend will break bringing market to 12463 or even 12236.
NAS100 Trading inside the boxIts been very quite due to the holidays so i been trading inside the box. Its amazing how easy and simple strategy made me 300 pips in a day while consolidating. These strategies and experience cannot be found free on yourtube. This is 8 years of real life experience, which i learnt the hard way, Now its time to pass this down to serious people who will end up becoming profitable, successful and them carry on passing this knowledge down
NAS100- Analysis we have been consolidating 12754 zone. If the sellers to break through I feel the market will come down back to 12460 filling the gap left from previous drop- 12460. A break of 12460 we can see it drop further down to any of the key levels. As for the bulls if they do break up our next target will be 12878-13000