Nasdaqsignals
NAS100 AnalysisNASDAQ Analysis
HI Guys. We are still consolidating on nasdaq. We really need a break soon to know exactly where this is going. I am very inclined towards the sell but anything can happen when market is consolidating. We are still at a crucial point on the daily where is may even break out the triangle and go for new highs. Or it may fail and we may see some bearish movements. We can only plan and prepare and be ready.
For the Buyer: 12059- 12218
For the Sellers: 11926- 11786
NAS100 Analysis Sorry for the late analysis. We have a triangle formed on nasdaq. A break down will take us next to 11980- then we will need a break of 11980 support and the trend line for the bears to continue. As for the bulls- We are at a important point on the daily- We really need a break of 12100 for the bulls to continue. if you have a look at the daily you will see a triangle has formed. It failed to break yesterday and if we go back there again we will see if it manages to break.
Nasdaq- Sell on confirmationAfter 1000 points drop from 12.500 top to 11.500, Nasdaq recovered some of the sosses and is trading at the time of writing above 12k figure (12040)
I expect a new leg down from the technology index and a new drop to at least 11500
A drop under 11900-12k zone would confirm this outlook and a rise above 12250 would negate it
NAS100 AnalysisNAS100 Analysis
Seeing that triangle I really feel we will come down at least to 11600. Let see what happens
Bears- 11787-11606
Bulls- 12217- 12400
NASDAQ- Quick AnalysisI just thought id post to show what is happening in NASDAQ At the moment on the daily
NASDAQ - On the riseFurther to our previous ideas, NASDAQ is the index to buy.
Look at our chart with key price levels.
NAS100 Weekly reviewIm done for this week. Another excellent week.
Weekly NASDAQ Pip Review
Monday: +530
Tuesday: +284, -50,
Wednesday: +151
Thursday: +107, +148, -40
Friday: +106
Blues: +1376
Reds: -90
Total: +1286 Profit
Total NAS Trades: 8 Trades: 6 Win, 2 Loss
Have a wonderful weekend guys!!!
NAS100 AnalysisHI Guys, The market is still in the uptrend and is currently in a consolidation. Today we will hopefully either get a break of 11987 to reach 12127 or we will get a break down out of the trend at 11800 to reach 11705-11585
NAS100- AnalysisNAS100 Analysis
Nas100 currently in a uptrend on the 45min chart. However for the bulls to continue, we need a break of 12000. A rejection at that point will mean we will see bears coming in and breaking out the trend and creating a new downward trend taking it anywhere between 11800- 11586.
NAS100- Target Hit Hope you all got in that breakout. It was a very easy smooth trade. I made it very simple in the analysis today for everyone to understand
NASDAQ Detailed AnalysisNASDAQ Analysis
Hello Everyone. Market has been very choppy yesterday and it was same for all pairs. There wasn't much smooth trades. On NASDAQ, We have broke out of our falling channel and it has gone into consolidation. When it does break it our targets are as follow
Buyers: First target 11880, If it break here then next key level is 12000 and if it break this then 12127.
Sellers: Target is 11345 thats if it breaks out the box down and also breaks out our key level 11550.
I use pure price action so my key levels are where i enter or exit. I also draw minor support/ resistance for pullbacks/retest etc. Please make sure when you take trades, you have your confirmations that this trade is going the direction you entered and not fall into traps of false breakout.
NASDAQ - a BUY or a SELL?Mostly BULLISH outlook as of this moment. We have calculated key levels for Take profit on Buy positions as well as opportunities for near-future sell positions.
ps. Check our previous 'Possible correction inbound' idea and how well the levels were supported
