RESIST 18400-1840 all time hgh
support 18300-18200
first plan down then monitor price at 18300-18200
market sentiment is bullish i will update on US seasson up side one stay tunned
I would real like to see, us100 fall from here, my positions are placed and running with SL. Proper risk management comes 1st. Lets hope for the best, good luck. Lets Download Success.
We can expect huge down move since internal liquidity acquired in bottom swings.
if markets movers push it high doesn't make any sense , we can see M pattern following failing push up after multiple BOS ( Break of structure ) . #Ndx100.
Let see market moves down as per analysis.
Comment down your opinion following.
Nasdaq is breaking down of Head & Shoulder Pattern and a uptrend trendline is about to breach at 17700 which will make this downtrend strong and sharp.
Sell at 17800 with Sl-16222 Tgt 1- 17296, Tgt 2 - 16770
A clear downtrend is very likely to begin.
Put Stoploss will on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most...
A very bearish pattern Head and Shoulder. A trend reversal pattern which appears after a long uptrend. It shows that profit booking / distribution / shorts are creating. 17875-17850 is the trendline / neckline. Break of this line will ensure a strong downtrend.
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
While the Nasdaq 100 is still up around 8% YTD, signs point to a potential cool-down phase for the index. Here's what's worth watching:
Uncertainty around Fed Policy: While the Fed has hinted towards rate cuts, a reversal to interest rate hikes would be detrimental to the market, especially for high-growth tech stocks.
Insider Selling: The recent wave of...
I am looking forward to see a pullback then Ill be comfortable to buy Us100. This setup or trading g plan may fail to to CPI news event. I'd love to see CPI being the pull back. Do not trade during the news event, wait for report to be released 1st. Use low lots. All the best. Lets Download Success.
A Small Double Top is in making.
Go Short below 17950 sl 18250 tgt 17200
Disclaimer:-
Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
No Loan money should be used in any trade.
I am may be wrong so before taking any trade check your financial risk profile.
I am not liable for monetary or emotional...
nasdaq forms a reversal doji
and the doji forms on all time high shows a rejection
and trap all retaillers because doji is a reversal pattern
now market trapped sellers
and break the doji candels high
now we trade on retracement
i will share my 1 hour and 15 min view
and the entry points
- The US 100 looks better to me when compared to the US 30 or Dow
- Nasdaq can keep outperforming so your bias should be bullish
- The focus here shouldn't be to keep shorting every top you see
- Rather focus on deep retracements and make sure the structure doesn't change
- Refine your charts on a shorter timeframe and make sure you see a strong base everywhere
According to the chart as seen, we can see Nasdaq going short to the first imbalance and start to consolidate. It will then continue to push further down to balance out an imbalance at the bottom. Upon that downfall we then see Nasdaq bounce off the balanced order block and go long and push to the upside direction.
