Nasdaq100
US100 - will it find support ?Final Support for Nasdaq is at 15510 below which it will breakdown until next support at 15280
Nasdaq (IXIC) | The best scenario for the fallHello traders, Nasdaq (IXIC) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
By looking at the waves, the weekly times 1 and 2 are probably over, and this analysis and this wave count is part of wave 3.
Wave 3 in the weekly time is not on the Fibonacci that can be returned, and only we can make this correction with the wave count we considered in the daily time.
In daily time, waves 1 and 2 are complete and wave 3 is in excellent condition in terms of appearance, but it is not in good shape relative to wave 1.
Waves 2 and 4 are very similar both in appearance and correction and have caused the wave count to not be normal.
However, there are exceptions in the waves.
We make the possibility of correction provided that the trend line is broken downwards and the price will move up to the specified targets.
If the end of wave 5 is broken, the complete analysis of the field will not be done, but this correction will be done in a short time.
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US100 Nasdaqbounced back strongly from support zone. need to watch 15k levels if sustains this level then new all time high soon.
Nasdaq Next Target ??Now as per Dynamic Square of Nine
We are expecting 15750 - 15800 Target
Mostly We Expect Before Oct 15
NASDAQ | SHORT IDEANasdaq may face resistance at the upper trend line and one can take the sell Trade in that zone for lower targets.
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InvestPro India Team
N100 Entry point for investorsN100 is approaching for support at 938. price may reverse from here. keep a close eye !!!
Nasdaq100Tracking Nasdaq 100, one can buy on the breakout and sell on the breakdown of the pattern.
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InvestPro India Team
Head & Shoulder in SGX NiftyAs per the chart, SGX Nifty is showing a Head & Shoulder Pattern on its hourly charts.
Breakout is awaited.
Once a valid Breakout comes above the level of 13800, we may see SGX Nifty go to the levels of 14000 - 14100.
As of now one can keep it on his radar, and wait for the breakout to enter into the trade.
Dow Jones Flag and Rising WedgeThe US benchmark index Dow Jones has formed a Flag pattern along with a Rising Wedge pattern.
With both the patterns happening at the same time one should stay neutral and wait for breakout above or below the wedge pattern,
to get confirmation of the next move. Though the overall trend is still bullish but in the current scenario, its prudent to have patience.
So keep calm as its wait and watch till we get conclusive evidence.
Rounding Pattern Breakout In Dow JonesThe US benchmark index has given a rounding pattern breakout on hourly chart.
Though the breakout was given just an hour before market close on 4th Dec 2020, but today's gap up has continued the upside.
As per the bullish breakout of the pattern, dow jones can touch app 30850 - 31000.
And as per the current chart scenario one can buy with a stop loss below 30100.
Current price 30,225.
Cup & Handle Formation in Dow Jones HourlyThe US index Dow Jones has formed a Cup & Handle pattern on hourly charts.
Breakout is awaited.
A valid upside breakout will lead to further upside but previous swing high may act as a supply zone.