Nasdaq
April is going to be fun for bears.I was under a lot of pressure that my reputation which is brand new was on the line, all my channels I had posted GO SHORT GO SHORt GO SHORT and Indices moved higher so quick as never before. Incidences happen in Trading World by nano seconds and since the beginning I had confirmed absolutely in my analysis that whatever I have suspected is not for the near term but for the month of April. Charts never lie, Price Action never lies and so does not the Bear Psyche. GO SHOOOOOOOOORT.
Nasdaq 100- Double TOP!Attached: Nasdaq 100 Daily Live Price Chart as of 28th March 2023
Pretty Straightforward Chart:
- Price rejects for the 2nd time at 0.382 Fib, this is a Double TOP Sell Signal
- Elliot Wave Count shows Corrective Bounce complete in form of WXYXZ with C wave of Z being an Ending Expanding Diagonal
- Price puts in a Higher High but RSI puts in a Lower High, aka Divergence
Holding below the round figure level of 13000,
the Nasdaq (NDQ) is a SHORT
for a Downside Target= 11700 & below...
Bearish Shark / Alt Bearish Shark Identified In NasdaqPerfect Bearish Shark / Alt Bearish Shark
Sell Nasdaq Between 12156 - 12399
SL - 12541
Target - 11850 / 11650 / 11500
Nasdaq is at Resistance and Target 12200US equity has been in profit booking and correction mode for few days now. price at tested resistance assuring a target of 12200 before Friday closing
Sell NASDAQ Target 12500 and 12300Bearish trend is similar to that of S&P500 and Dow after the Feb data and meeting indicating a clear sell in equity with bearish sentiment for 2023.
WIPRO analysisWIPRO , the IT giant has consolidated heavily for a long time and has formed a good bottom kind of structure , with weekly candlle showing good buying pressure from lower areas and also sustaining above support of 390 levels , this is looking good for an upmove towards 420-425 levels , with SL of just 2.5% and targets of almost 9% risk to reward ratio is highly in our favour and looks good for a swing trade , Do follow for more trade setups and swing trades
Zeus Trade Plan Zeus Trade Plan
Aggressive entry: at current price
EP: 44.25
SL: 37.56
TP1: 51.11
TP2: 59.87
#QUAD 100% upward Movement Potential is there.Analysis on Daily chart Timeframe.
#nasdaq #INDEXNASDAQ: .IXIC
#QUAD Breakout Happened on the support Line.
BUY CALL at 4.8 with SL 4 and FIrst Target T1=6.7 and second Target T2 is 9.4.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
Tesla Cup & Handle PatternBeautiful Cup & Handle Pattern is formed on chart.
Entry
We can go long when price breakouts with strong bullish candle above the neckline of the pattern.
Stoploss
We can keep stoploss below the neckline.
Target
Target will be same as depth of the cup as marked on chart
Please Like and Follow me.
NASDAQ Trend AnalysisNASDAQ has given a breakout of trend line and is working in a channel. The same pattern is repeated twice in the channel where the support is taken from the current support line.
I am very positive about the NASDAQ, in worst case scenario it will retest the trend line levels and then rally.
This post can be understood by once having basic knowledge of how to read the support and resistance.
NASDAQ at important 0.618 Fibonacci support levelNasdaq is at critical .618 fibonacci support level AND AAPL is ALSO at 0.382 fibonacci support level.
If Nasdaq holds this level for weekly cbsl today 6/Jan/2023 AND AAPL closes above 126 usd expect ATLEAST 500 points bounce.
AAPL at Critical support levelAAPL is at critical 0.382 fibonacci support level - need weekly close above126 today 6th Jan 23. Else AAPL can crash land to 109 and along with it take down nasdaq to psychological 10000 level too.
Can take a very small risk for best return on the upside.
AMD 1W TF SHORTAMD 1W TF SHORT
Formed Head and Shoulder in Weekly Time Frame,
Broken the neck line at 76$ range and retested the same.
all those are my personal views only.
TSLAIs this the end or picture abhi baki hai?
follow through after much after bounce could be the turning point.
time to take your bets on nasdaq NASDAQ:NDX
my first target is 12800
fourth down move completed on daily need confirmation on weekly time frame rsi bullish on daily so i will be buying any pullback on nasdaq
the whole down move was a correction if this level holds (retracement ) level marked on the chart and if all pieces of puzzles are put correctly 20000 on nasdaq is not very difficult only condition the level of the 10440 should not break
Keep Eye On Nasdaq100Nasdaq Daily Chart Analysis
Plotted = Fib + Upar Trend Line + Consolidation Zone Area
Currently Nasdaq in Correction Period , Deciding the bottom of the correction
Every Lower Point is important for buyers for long term investment
Nasdaq Got a Bear Hug - Target 9722Nasdaq formed the Pennant (bearish) pattern on the charts.
Target of 9722 will be seen in coming months.
Nasdaq is below 200 Weekly EMAIt has been observed only once before this, it was seen last time in the 2008 crisis.
This could be an alert ⚠️
The regression channel is still intact, price is trending within the channel.
The previous low of 10440 could offer support, below that things could go worse
