NDXT
Nasdaq 100 CFD (4H) / Two Bullish Counts Remember that SPX and VIX decide what NDX does. NDX will need the green light from those instruments.
NDX Not Synchronized With SPX? Tech about to dump?Now here is the big story: looks like NDX is not synchronized with SPX... As mentioned in the S&P's technical analysis section of our Discord, we have no alternation within this weak impulse (W3 < 1.618*W1) and prices channel well.
Nasdaq 100 Futures (4H) / Bullish & Bearish EW Counts Nasdaq 100 Futures (4H) / Bullish & Bearish Counts
NDX technicaly based forecast
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 NDX technicaly indicators showing we can expect higher bulish market continuation, FIBO 0.5 which is in some cases stong supp is breaked, strong bulish candels foramtion, expecting to see break of FIBO 0.6 and push up in price till second trend line .
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
Thanks on supporting!
All best, good luck!
NDX FractalsBeen trading against bullish fib line of 1 for ~6000 days continuation of this uptrend are fractals in green and purple, red fractal indicates a drop to fib line of 0 due to the extended time period of this bullish period, I acknowledge that my view may be bias because i prefer to trade cryptocurrency, hence the bullish fractals, but I love making charts. Looks as if log macd is preparing to write an inverse bowl also.
The Tech Sector is Due for a CorrectionAfter explosive growth over the last few years, I think the time has finally come for a larger correction.
Here is why I think so:
1. The main bullish channel has been broken with the selloff that occurred early October and hasn't been able to break through the short term resistance for recovery. We could see another smaller ~10% run if the current support holds, but I don't think there is enough momentum for a breakthrough.
2. The RSI is nearing the correction point relative to the channel it's in.
3. Lastly, the 65 moving average crossed down on the 200 MA, which tells me that we may have topped out.
TL;DR: There may be some more short term upwards movement towards the resistance, however an overall downtrend is likely.
NASDAQ- Intraday ViewNDX has formed bearish Bar on daily as well as on 4hr Chart. It shows that bears are in control till 6575-6537.Daily Trend is Up but I will Short at 6630 with The STOP Loss of 6665 For The TGT of 6575-6530. My View is is for day trading.
Bulls EnterNasdaq has broken the daily trendline from February 2018'. I will buy Positional with stoploss of 6580 for target 6800.
CTXS - NDXT breakthroughNDXT - Nasdaq's top 100 Technology Index has finally broken through the range and is moving upwards. With this action I started looking for smaller strong tech companies that would also start moving. Companies that had <500k Volume, good PE & EPS numbers and of course positive news on the internet
