Downloading...
Download

Ndxlong

NDX long 10.000 before EOY 2020Seeing everyone bearish for a month because they just discovered the (future) catastrophic impact of Covid-19, while the NDX is still going up. First, yes I agree with most bearish FA here, but please note that even with my average-Joe knownledge, I was expecting the bad news already in March (especially for the US). If I could predict it with my stupid mind, I think the markets might also have priced it before everybody getting more and more bearish in Apr. / May. So let me share my analysis (which is more like a request for comments). TA : + Looks like a nice V-shape recovery (history says bullish). + Weekly RSI healthy and can go higher. + Very green overall (and I like green). + NDX/M2 shows there is space for more uptrend. - Nasdaq always looks like a bubble. - V-shape recovery could be a dead cat bounce. FA : + To me, there is no "bearish market" or "bullish market" anymore for the medium term. During the last decades, the world has been slowly moving towards reducing costs and using more tech, making the tech caps bigger and bigger. The covid-19 will create an impulsion and then an acceleration of this process. Small caps and "old world" companies are going to take a hit, as well as some sectors (airlines being the most obvious, but maybe not the only one ?). On the other hand, tech will grow even faster and big caps will conquier market shares. + As overvalued as they can be, big tech caps are the best mix of defensive values for the short term and growth values for the long term. + The logic would be that "traditionnal" companies go down a lot, while tech companies take would go down a bit. I think the FED actions (and speculation on the FED actions) are might make the "traditionnal" companies "float" on their trend line instead of sinking, which to me might propulse the tech companies even higher since they are doing well in comparison. + Printing so much funny money might be a problem for the long term, but as far as stock market goes, it means inflation (you can see it by comparing NDX with NDX/M2). Big tech caps are like gold (they are probably going to keep their value over time) except they still have growth potential. +- Bonds are less profitable and in a bubble, but I am not educated enough to know what it means. But apparently there could be lots of money looking for more profitable assets (?). - To me, a huge correction is due for all the US markets. I just don't think it is going to happen right now. The point of this post is to share my thoughts and to find counter-arguments against what seems to be a bearish thinking. Please note that I am totally bearish on the real economy and I think that the inequalites are going to increate and that notion of value and money will be heavily discussed during the next decade. I am just drawing different conclusions regarding the stock market. I'd like to know what you think and on what point(s) you disagree with me. (and yes, title is a bit clickbait)
TVC:NDQLong
by neozaru
RFC : NDX bullish until Oct. 2020 ?Looking at NDX vs. inflation. Looks like in a better shape than SPX (higher highs, higher lows) with - if it breaks current level - a continuation of the bull trend until end of September / beginning of October. My interpretation of the chart is that a "double top" might be found at this point (0.5 fib from tech bubble in this chart, around 10.000/11.000 pts level on the NDX chart depending on printing), then retracing and starting a new trend. Of course the future is not written yet. Please share your thoughts since I am still beginner for both TA and FA.
TVC:NDQLong
by neozaru
Nasdaq 100 (3H) / Primary & Alternate (Green) We are drifting into the inferior part of the channel. As you can see, prices are well contained within parallel lines since the bottom and have been flirting all the way up around the ML. This is not bullish price action. Within an impulse, the base channel is usually breached to the upside. We may have topped at the 1:1 extension in SPX and at the 1.272 in NDX. Bullish case still on the table (you never know) but less likely IMHO.
OANDA:NAS100USDShort
by TradingSurfers
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!
TVC:NDQ
by UnknownUnicorn3983388
4
NASDAQ officialy Breaks new prices & respecting Bull trendline!!Congrats on our previous massive buy.. However we got to resistance(Initial TP) so then it either breaks and heads to top trendline or retracts again down to previous supports/Bottom trendline. So i waited for the break before updating.. Now its broken we would see more new higher highs(New market prices since 1998) possibly to 9400 or more(TP open) to keep respecting the very strong BULLISH trend till a new trend/pattern. Please comment and share your ideas on this particular pair too. thanks!
OANDA:NAS100USD
by NAS-KING
Nasdaq Composite Still LONG Nasdaq Composite stays in the long mode and tries just now to make new highs. For all who are in trades here i have marked some aereas to watch. In addition i have added a blue Trendline which is far away at the moment but we have to look these line in the next week. At the moment all okay for Longs. Good trades If you want to support my work please like them... and if you want to know more about my trading style please send my a boardmail. Renkotrade Good trades
TVC:IXICLong
by Renkotrade
Long setup NASDAQ 7120 to 7320. [Daily 200ma, Vol node, etc.]I called the last bottom in dec 2018, let's see if I can get this one right. Buying at 7126 / Closing 7300ish Strong indication of a bounce this week, I'd bet you could throw 1/3 your stack here at 7120 and 1/3 at 6950 and you're nearly guaranteed to break even at worst. The Mexican tariff news is BS, no way it's enforceable, it's going to take 1 tweet from Trump over the weekend/Monday to pump $nas100usd 300-400 points. Max Price target is 7400 but 7300 take profit. Reasons: --------------------- 200 daily MA (white crosses) Gann Fan support Horizontal support (white rectangle) Volume node 0.27 Fib extension from the previous Leg down 5/6-5/13 DAILY TD 9 Oscillators bottomed out and forming bulldivs. Next Supports are 7030 and 6945. I'd set bids 10-20 points below them. Note: This chart is intentionally from Jan 1st 2019 to show volume node point of control this year
OANDA:NAS100USDLong
by teckno05
3