Nasdaq - Preparing for another correction!🚔Nasdaq ( TVC:NDQ ) is starting to look weak:
🔎Analysis summary:
Over the course of the past couple of months, we witnessed an incredible rally on the Nasdaq. Following this previous price action, it is quite likely that we will soon see another correction. This could start with the current r
NAS100 falls slightly but conditions are still bullish!NAS100 climbed in a steep ascending trend and my expectation is for a continuation, with an upside target at around 24,000.
It is still clearly moving inside the channel, as predicted previously in my idea:
At 24.000 is where it can become a decision point, where price might correct again, or it
Is this the top? SPY/QQQ Plan Your Trade Update For 8-20I know it has been a while since I shared a video.
This video is designed to share the downside risks I see as a potential for the markets IF this big speculative phase unwinds like I think.
Ultimately, you guys are the ones who will be making the trading decisions. I just want you to be aware th
NASDAQ – Is the Top Finally In?In my past two NAS analyses, I argued that the index was overstretched and vulnerable to a deep correction. Even the fact that from the April bottom to mid-August it surged nearly 50% should have raised big red flags — that kind of move rarely sustains without a meaningful pullback.
At this moment,
NAS100 - Potential TargetsDear Friends in Trading,
Fundamental:
Powell's Jackson Hole Speech today 30mins after NYSE open.
Anything is possible
Pattern = Bearish Pennant:
This pattern indicates a "SHORT".
Watch price reaction at the FVG and PIVOT (Dark Blue).
I sincerely hope my point of view offers a valued insight.
Tha
NASDAQ is Nearing the Intersection of The Trend with Resistance!Hey Traders, in today's trading session we are monitoring NAS100 for a selling opportunity around 23,875 zone, NASDAQ is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 23.875 support and resistance area.
Trade safe, Joe.
NSDQ100 awaits Fed Powwell's tone at Jackson Hole Key Drivers
Powell @ Jackson Hole (10am EST):
July FOMC was hawkish on labour, but payroll revisions weaker since → tone today could soften.
Market focus: whether Powell leans on labour weakness vs still-solid inflation & activity.
Outcome = pivotal for Fed cut expectations and tech valuations.
USTEC: Likely continuation following pullbackNAS100 climbed a steep uptrend and my expectation is for a continuation as marked on my chart, with an upside target at around 24,300.
This area here is where it can become a decision point, either price finds support and bounces, or it breaks below, and that’s when we might see the move start to e
NASDAQ testing its 4H MA50. Will it offer Support?Nasdaq (NDX) has been trading within a Channel Up since May 11 and is approaching its 4H MA50 (blue trend-line) today following a Wednesday initiated pull-back.
Technically this is so far a normal correction for this pattern, which offers a short-term buy signal as the 3 times during those 4 months
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Displays a symbol's price movements over previous years to identify recurring trends.