NAS100USD NQ1! NASDAQ 2021 Sep 13 WeekNQ1!
NAS100USD NQ1! NASDAQ 2021 Sep 13 Week
Trading on weakness at the top proved fruitful.
Weekly = Looks like a 2BR appeared, may result in temporary weakness.
but spread was narrower, closing off high = weakness
Daily / H4 = Broke down a rotation zone to test the high of a previous
absorption bar, will buyers support level 15434?
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.
NASDAQ 100 CFD
NAS100USD NQ1! NASDAQ 2021 Sep 06 WeekNQ1!
NAS100USD NQ1! NASDAQ 2021 Sep 06 Week
Nasdaq continued from strength to strength last week.
Weekly = Volume was higher than previous week, but spread was narrower, closing off high = weakness
Daily = Rotation, whipsaw expected. High volume up bar close on high = strength
H4 = Rotation, whipsaw expected. Ultra High Volume with no result = weakness
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
- 15318
- 15138
- 14999
Like and follow if you find this useful.
Have a profitable trading week.
US100 AnalysToday, the main trend line was broken and filtered, and the trend line is being re-tested. The sub-trend line was also broken and is being tested, but it has not been filtered yet. If the sub-trend line is filtered, the price will fall sharply. Most likely the price will reach below 15,000 . (Note that this analysis is for a 30 minute time frame.)
Is this a Quintuple Top in the NDX/SPX ?I haven't been investing for that long and at the most I've seen a triple top. I don't know if I interpreted this wrong but I'm seeing five wave crests. Assuming I'm right, if triple tops are strong and quadruple tops are stronger, quintuple tops would be even stronger. With this being said, if a breakthrough happens in the NDX/SPX, we could see the NDX start to decline relative to the SPX.
it is also important to note that on the daily chart of NDX there is a H&S formation, so if there is a breakdown we could see a up to a 5% correction.
US100 (Nasdaq 100) short to 14250, then up with leg 5Wave 3 ending soon with a diagonal in 5 (matches an ending diagonal in BTCUSD actually)
Wave 4 short to 14250
Then wave 5 to finish the 12 year bull run later in the year
NAS100USD 2021 Aug 02 Week
OANDA:SPX500USD
NAS100USD 2021 Aug 02 Week
Short opportunity for NAS las week, went to 14851, so long on the re-test of it.
Weekly: Down bar closing in middle, indecisiveness, also some supply present.
Daily = Shortening of Thrust, Supply present = weakness
H4 = We saw the sharpest decline from the high last week, Change in behavior with LH and LL.
Short preferred for week of Aug 02.
Strategy:
1) Short when price resisted at previous resistance / swing high
2) If price goes into rotation, long / short at the edges of the zone.
Remember to like and follow if you find this useful.
Have a profitable week ahead.
We are the the gate of a correction, how big it could be???I have done some calculations on the 3 major indexes!
TVC:NDX
Could touch 14000-14200 in the next 1-2 wks.
TVC:SPX
Could touch 4250-4300 in the next 1-2 wks
TVC:DJI
Could touch 34200 in the next 1-2 wks
The big question is:
Should we buy this dip or not???
A None Random Walk Down the Inefficient Wall Street..!What Is the Random Walk Theory?
The random walk theory raised many eyebrows in 1973 when author Burton Malkiel coined the term in his book "A Random Walk Down Wall Street.
Random walk theory suggests that changes in stock prices have the same distribution and are independent of each other. Therefore, it assumes the past movement or trend of a stock price or market cannot be used to predict its future movement. In short, the random walk theory proclaims that stocks take a random and unpredictable path that makes all methods of predicting stock prices futile in the long run.
Random walk theory suggests that changes in stock prices have the same distribution and are independent of each other.
Random walk theory infers that the past movement or trend of a stock price or market cannot be used to predict its future movement.
Random walk theory believes it's impossible to outperform the market without assuming additional risk.
Random walk theory considers technical analysis undependable because it results in chartists only buying or selling security after a move has occurred.
Random walk theory considers fundamental analysis undependable due to the often-poor quality of information collected and its ability to be misinterpreted.
Random walk theory claims that investment advisors add little or no value to an investor’s portfolio.
Efficient Markets are Random
The efficient market hypothesis states that stock prices fully reflect all available information and expectations, so current prices are the best approximation of a company’s intrinsic value. This would preclude anyone from exploiting mispriced stocks consistently because price movements are mostly random and driven by unforeseen events.
The problem is in 1973, there were no Computer, Internet, Algorithmic trading, Quant Funds, AI, and Machine learning..!
Moreover, there were no Social Media like Reddit or Twitter that make the systematic repetitive market manipulations new normalcy..!
This chart presents the price movement of
NASDAQ:AAPL
NASDAQ:MSFT
NASDAQ:AMZN
NASDAQ:FB
NASDAQ:GOOG
and Major indexes:
TVC:SPX
TVC:NDX
Question 1:
Can you distinguish which line presents which stock or index?
Question 2:
Does it really matter to distinguish which one is which???
These 7 tickers have a significant positive correlation which means they will go Up/Down together, so if you are a trader don't waste your time, pick one and you can take a similar position in others with more than a 95% confidence interval. (either buy/sell)
*A perfectly positive correlation means that 100% of the time, the variables in question move together by the exact same percentage and direction.
**In exploratory studies, p-values enable the recognition of any statistically noteworthy findings. Confidence intervals provide information about a range in which the true value lies with a certain degree of probability, as well as about the direction and strength of the demonstrated effect.
Related Articles:
www.investopedia.com
Nasdaq Analysis Hi guys.
We have recovery on nasdaq since the drop yesterday. However It may not be over, we may see more bears pushing price down the down channel to 14841- 14724. However if we do break up 15076 then id except buyers to come back in taking price to new highs. Have your stops in place as New York sessions will be opening and anything is possible with nasdaq.
Where we expect NASDAQ ?As per my previous nasdaq reached all target,
Now we are expecting for some days consolidation between 15120- 14600
if any break out then i will update here..
this consolidation might go till august end
NAS100USD 2021 JUL 26 WEEK
OANDA:NAS100USD
NAS100USD 2021 JUL 26 WEEK
Scenario 3 was activated when price was supported at 14556, offering long opportunity
Weekly: Wide spread bullish engulfing up bar, no sign of weakness
Daily = Market up on decreasing volume = weakness
H4 = Wide spread up bar followed by upthrust = possible weakness
Strategy:
1) Short on (a) No Demand, (2) Upthrust, (30 Mushroom over
2) Long on retracement
2) Long if immediate resistance 15132 becomes support
Remember to like and follow if you find this useful.
Have a profitable week ahead.
Nasdaq analysis New York market will be opening very soon and it will be very interesting to see where this market goes. We are in a very crutial point on nasdaq where this retest on the bullish structure can be the sign for a big fall as analysed last analysis. However if we do see the price creep back inside the structure then we can see more bulls coming back in pushing prices high again and most likely even creating new highs.
For now I will still strongly side with the bears as the bullish structure has been broken. Things can easily change so always have good risk management in place.
nasdaq 100 analysis Hi Guys, We have had big drop on nasdaq and I would expect the price to carry on dropping. This bearish move may carry on all the way to 13800 area before climbing back up. It is a retracement that was excepted for a while. In the meantime we will get pullback with opportunities for entry. However if the daily does close back in the channel things may change a lot. we may see more bulls before we see this retracement.