Nasdaq
Qualcomm trading range.Qualcomm has been in a sideways market for quite a long time. It will be interesting to watch if it is able to break above the key resistance or not in the coming sessions.
SPX Topping out?The S&P500 seems to have tested the upper channel of the bullish range. It should correct to 2450-2600 soon. Anything below 2400 would be a change of trend from bullish to bears taking charge.
NASDAQ 100 Short Trade on H4 ChartNASDAQ 100 (NDX) is overbought on multiple time frames, including daily charts. The multi month bullish trend feel exhaustion and nice short setups with good Reward to Risk ratio start to appear. This time shorting from US market open levels with Reward/Risk of 1.20.
Will Nifty IT Continue the pattern for 8800 as Targets ??For Last 2 years NiftyIT is in a pattern where it Falls then Retraces 0.618 then moves back to 1.27 extension of the previous fall, Currently Nifty IT is at a very crucial point as it is at 0.618 retracement and at a long term downtrend line...
Shorts can be made for the targets of 8800...
NASDAQ - Good Bye 5K?* Bearish AB=CD
* Probably false breakout
* Divergence on Stochastic
> Test of ~4750 on cards
> View negates above 5K
Nasdaq, false brekout Nq has made if new high 4961, but it has fail to make new high for last three day
also EWO has not made new high. so this is may be false breakout in nq,
we can shot this counter with SL 5000 on closing basis.
AAPL IS @ CRUCIAL SUPPORTAAPL is @ crucial support one can buy @ this level 112.00
stop-loss 111.70 target 114.80
