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NASDAQ 100 CFD

NQ1! NAS100USD NASDAQ 2021 DEC 06 NAS100 USD NQ1! NASDAQ 2021 DEC 06 Very good week for shorts. Trades remain guided by trend channel. There is temporary demand, so market may experience pullback. Weekly= Very high volume down bar closing off low = demand present. Daily: High Ultrawide volume very wide spread down closing off low = Demand is present H4: Ultra High Volume down bar followed by high volume up bar closing off high. Supply still present, 17071 16695 16417 16125 15871 15446 15538 15000 14585 Short on Test and Reject | Long on Test and Accept Remember to Like and Follow if you find this useful. Have a profitable trading week ahead. NQ1!
CME_MINI:NQ1!
by paradox677
A comparison between S&P500 Nasdaq 100 and ARKK..!The CEO of ark Invest repeatedly talked about the possibility of a crash in Index funds while denying Her Managed ETF is one of the worst performers in the market since February 2021! In February I publish this: Please review her performance in 2008, to know more about her performance in a possible Bearish market! Orange line: S&P500 Blueline: NASDAQ100 Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
AMEX:ARKKShort
by Moshkelgosha
1
NASDAQ resisting the selling pressure. Well supported for now.This is an update on my previous Nasdaq analysis where I called for potential further rise within a narrower Channel Up at the top of the longer-term Channel before a new technical correction comes: So far this view has been confirmed as the Support of the previous Low (bold black line) is holding. See the similarities between now and the mid July - August Channel Up. The RSI sequences are almost the same following an identical RSI bearish divergence on Lower Highs. That should ultimately lead to a blow-off top around 17000. If the small Channel Up breaks downwards and cracks the previous Low, I expect NDX to seek the 1D MA50 (blue trend-line) and if that doesn't hold either, possibly make a Low on the bottom of the 9-month Channel Up or even the Diverging Higher Lows trend-line. Trade accordingly and with caution as Friday's Nonfarm Payrolls report is very likely to shape the fundamental landscape of this month with regards to the Fed's taper program. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
ULong
by TradingShot
3
NQ1! NAS100USD 2021 NOV 29 WEEK NQ1! NAS100USD 2021 NOV 29 WEEK Short preference on NAS last week was good. Market tested previous support area, will this hold? Meanwhile will use the channel to guide entries. Weekly: Average volume down bar closing off low = some demand. However the low of the previous bar has been taken out, chart may be saying it is bearish reversal. compared to the up bar before it yet spread is narrrower than it = Weakness expected Daily: Average volume down bar closing off low = soem demand H4: UHV wide spread down bar closing off low = some demand 16236 need to hold for uptrend to be intact. 17070 16695 16490 16303 16006 15896 15717 15503 Remember to like and follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:NQ1!
by paradox677
NASDAQ The level that has to holdNasdaq is ahead of critical crossroads as the Lower Highs on the RSI on the 1D time-frames show a bearish divergence against the Higher Highs of the actual price. When the 1D RSI formed this sequence in the past, the index dropped at least -8% but only if the previous Low broke (black support). In mid July the Low held and Nasdaq continued on a small Channel Up towards one last Higher High before eventually correcting -8%. As a result, I expect a Higher High as long as the previous low holds. If broken then a bottom on the Diverging Higher Lows trend-line is possible. In either case the next bullish target is 17000. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
U
by TradingShot
3
NQ1! NAS100USD 2021 NOV 22 WEEK NQ1! NAS100USD 2021 NOV 22 WEEK Pullback to long again last week worked well for NAS. At the moment chart indicates overbought. Preference is to short on weakness given the below wekaness indications. Weekly: Average volume up bar closing off high. A little more effort compared to the up bar before it yet spread is narrrower than it = Weakness expected Daily: Average volume up bar closing near middle = weakness H4: After ultra high volume bar A, market went up on narrow spreads, together with B being a UHV bar on narrow spread indicates professional selling = Weakness expected 16236 need to hold for uptrend to be intact. 17070 16695 16490 16303 16006 15896 15717 15503 Remember to like and follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:NQ1!
by paradox677
Most probable scenario in the Next 2 weeks!You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! From the most to the least probable: - Moving between Green and Red lines: Consolidation - Crossing below Green line: more Correction - Crossing above Red line: Bullish rally resume. Dow Jones: Is the very close to cross below the support line! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
NASDAQ:NDX
by Moshkelgosha
2
Expecting a larger ABC CorrectionWhen looking at the daily time frame, the Nasdaq is trading at the top of a large resistance channel which has the potential to mark the end of wave 5. It is possible to see wave 5 continue higher and this would be confirmed if the resistance at point (B) on the chart is broken. I am expecting to see a larger corrective ABC pattern which has a target at the previous daily high around 15700. Should the resistance at point (B) not hold, this would mean that the larger ABC correction is not on the cards and that wave 5 on the daily time frame will continue to form. Should the ADB pattern play out as I expect it to, I will be looking to build a long position from there. Happy trading! Linton This information is not intended as advice.
OANDA:NAS100USDShort
by Linton_White
NASDAQ vastly overbought on 1DSince my last long-term update on Nasdaq 25 days ago, the price accurately recovered from the September correction, and hit both of our targets: Currently however the picture from a technical standpoint seems to be reversing again as the index is approaching the top (Higher Highs trend-line) of the 12 month Channel Up it has been trading on ever since September 2020. The RSI in particular on the 1D time-frame is largely overbought and just a fraction away from the 80.000 Resistance which was last seen on the September 02 2020 market top. As you see on the chart that caused an immediate flash crash of more than -14%, with the index eventually finding support on the 1D MA100 (green trend-line). The 1D MA100 has been an accurate buy level within this Channel Up. A repeat of this -14% correction, depending on where it strikes (I've put it at the top of the Channel Up), could even hit the 1D MA200 (orange trend-line), which is a level the price hasn't made contact with since April 13 2020! Naturally, the strong medium-term swing buyers are expected to be found first on the 1D MA100 again and the long-term target set on the 2.0 Fibonacci extension around 17700. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
U
by TradingShot
9
NQ1! NAS100USD 2021 NOV 01 WEEKNQ1! NQ1! NAS100USD 2021 NOV 01 WEEK Short preference last week did not play out as market showed significant strength. Will not be chasing the high, rather will wait for pullback and support for long entry. Weekly: High volume up bar closing on high = strength. Daily: High volume wide spread up bar closing on high = strength H4: High volume up bar closing on high = strength Entries will be based off price reactions at these levels Short on Test & Reject | Long on Test & Accept 16419 15994 15864 15709 15524 15410 15274 15134 15001 Remember to like and follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:NQ1!
by paradox677