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NAS100 trade ideas

100 NDQ 100 NDQ Retracement of the rise from March'20 low to the peak formed in Nov'21 can be seen in the chart. 61.8% retracement tested. Positive divergence on RSI has been created but lagging in no way right now to confirm a possible reversal. Swing bottom process need to happen before lagging confirms its. Lagging has negative slopes therefore need to spend time in compression before lagging start giving indication of up move. The lower top is at 11661. Earlier indication of reversal is on breakout above 11661 to resume swing bottom process and confirmation. Lagging will take part later to confirm. Any reversal will be a pullback of the fall from the last swing top of 13720. Trend is down still and earlier bottom of 11037 violated. Down move can continue if sustains below 10440.
TVC:NDQ
by hitendravasudeo
Nasdaq view as per my calculationsas per current space i think it's tough time for us markets and it is seen from past history that it's not a new to these markets but it is going to be bad as globally we are seeing aftereffects of corona on economies now but it's a opportunity for every one to learn from it as if somebody is selling then out there some is interested in buying it just the point is that who's view is right at that time nobody is wrong sellers point of view i am short because i am with trend but he/she doesn't know the bottom and same goes for buyer they are expecting on every swing low its opportunity to accumulate more and more matter of fact you need funds to do it now what is outcome of above market is mold by some big players i think those are big bankers and government agencies as each and every countries decision affects market daily then what can we do just follow the lead or think differently means 7 months ago no one think about war but it is going on some came talk some thing and do something and disturbs everything don't you think it's a planed and done exactly at a time when markets are at peek or some good news came on bottom need to address this closely to het insights...let's see NOTE-i don't want to hurt somebodies sentiments just disclosing what i am thinking as new comer in this field sorry if you think i hurt you and i always think that you can speak freely in a good community thanks by:)
NASDAQ:NDX
by the_papertrades