NASDAQ 100 CFD
NAS100USD 2021 May 03 Week (Intraday)
OANDA:NAS100USD
NAS100USD 2021 May 03 Week (Intraday)
Nasdaq remains in price rotation, price levels to watch remains per last week's:
Critical support = 13735
Immediate Resistance = 14068
Since market is in rotation, trade entries will be at the boundary of the range.
Additional scenario planning
1) If critical support 13735 is broken and price comes back to test and is rejected,
will do a support turned resistance short.
Like and follow if you find this useful : )
Have a safe and profitable trading week!
NAS100 Analysis Hi guys hope you all are well.
Nasdaq has been very indecisive lately been ranging for a while now. The trend is still very bullish and I hope we can see a break through today pushing price back up to 14064 and then further to make new highs. 14200-14400. If the price however does decide it need to come back down we can see it come to 13800 before coming back up. If the price does continue to go down from here then we may see 13665.
For now I will be looking for buys unless I see clear signals this is a sellers market.
nasdaq analysis We had a very nice drop on nasdaq which we were waiting for and this bearish momentum may continue tomorrow. We are currently on the centre trend line on the 4 hour chart. if we break through and come down our target will be anything between 13680-13394. However is the bulls do decide to come back in we will most likely see new highs again target of 14200-14400.
I been getting a lot of messages people keep blowing their accounts. Please protect your account as if that's the only money you have. To become wealthy you need money to trade with. If you blow your account you will eventually just give up. To stay in the game you need to have a account with money. Stop taking silly risks. Stop gambling. And start trading like a pro!!!. I had a student last week who left his job to do this full time, he only started with $200 but he protected his account and focused on growth rather than money. If you focus on money you will never grow. But if you focus on growth money will follow you.
NAS100USD 2021 Apr 19 Week (Intraday)
OANDA:NAS100USD
NAS100USD 2021 Apr 19 Week (Intraday)
Nasdaq continues to advance on low volume,
the net gain from previous highs has narrowed.
Prefer to wait for a wide spread down bar before I look to buy in the lower time frame.
Like and follow if you find this useful : )
Have a safe and profitable trading week!
nasdaq analysis Today we had a pretty bearish day on Nasdaq, Currently the market is consolidating on lower timeframes. If we look at the daily we can see 13915 was previous high which did get broken yesterday, nas making a new high. Today if we get a close back in 13915 then we can expect some more sell off bring price back down to 13607-13540. However the bulls do continue next target will be 14200
NAS100 AnalysisNasdaq has been ranging for the last couple days. on the daily the trend is very bullish. We are very close to our previous high. On the 4hour chart we can see price has hit the top of the trend line. A break of this trend price can move to 12400 and higher. If the price does respect this trend line and pulls back then price will come down to 13600- 13472.
Be careful of the fake break outs. We have had many of them already.
NAS100USD 2021 Apr 12 Week (Intraday)
OANDA:NAS100USD
NAS100USD 2021 Apr 12 Week (Intraday)
Last week, pt (2) resistance turned support happened, therefore no reason to
short.
As price approaches a previous high, the last bar showed no demand for
higher prices. Keep stops tight if in long position.
Weekly chart showed price advancing on reduced volume - weakness has
appeared.
May have opportunity to short if we see rejection at higher prices.
Like and follow if you find this useful : )
Have a safe and profitable trading week!
NAS100 - Will history repeat itself (part 2)NAS price over the past 6 weeks is forming a pattern that closely resembles Sept/Oct 2020 price movement.
In order for this trade to be valid, point 7 needs to reflect a failed break above point 1 (as can be seen 12-14th Oct). I will be looking for a daily close below 13600, and then below 13530 over the next few trading sessions.
Targets:
13290
12730
NAS100 reaches 13600 as analysedHi guys,
From the last analysis nasdaq has reached 13600 as I had analysed. Got some really nice messages from you guys who did take the trade and made a good profit.
As we can see now the market may come back for a pullback to around 13400-13300 before continuing to previous high and highly possible of making a new high. However if the market break 13300 to the downside then we may get a deeper pullback to 13072 before going back up again.
50% Off courses are back again for those who want to learn and grow. See details below.
VIX BreakdownVix has broken and closed below the descending trend line that's been in place since 2020. A solid close below (similar to the DAX 30 Bullish break) suggests continued moves lower for the vix and less risk aversion amongst investors. Will lead to further gains for US Indices (SPX broke 4000 today) as momentum continues rather than fade as overbought pressures ensue.
Short on the VIX, long on stocks.
Will Nasdaq rally continue??After a beautiful run yesterday will nasdaq continue going? We may see some pullbacks now and the continuation of the trend. The price may pullback to anywhere between 13090- 13015. However if the market decides not to pullback and just continue our bull targets are 13400-13600.
Correlation study of Major index..!Green: US Dollar Index
Red: Nasdaq
Orange: S&P 500
Yellow: Dow Jones
Since January 6th, 2021, the US Dollar index started gaining momentum and crossed 200 EMA 5 days ago and stayed above it in the last 5 days! As it is obvious it is negatively correlated to major indexes, and I believe as we move forward it will show its effects more and more!
my view on DXY is bullish for short and midterm.
NDX aka NASDAQ IdeaG'days Guys
Here some overview on NDX. Referring on my previous projections which is still valid. Today projections just
to follow up the movement since previous positing was at 25th March.
Overall, NDX still on bearish movement which is expecting continue to falling to complete demand zone.
Let's see what happen next with this pair. Stay Tuned...