Nasdaq is the only stocks index that haven't broken ATH yet. And I'm pretty sure it will follow S&P500 and Dow Jones and get to all time high sooner or later.
💡 Yesterday's pump left lots of gaps on the way. Gaps are created, when stops were taken by stronger force, who needed liquidity and pushed price in the desired direction. Those without stops were liquidated or left waiting for a chance to exit at minimum loss. Those without position waiting for a chance to enter the market. Stop killers also want to add more (unless price went far enough and profits were taken). That is why every gap is a magnet. But certainly not a 100% guarantee.
In case of Nasdaq I recommend to watch the dips at the following levels (prices are given for BingX chart)
🔸 18216-18246
🔸 18122-18174
P.S. We don't want to see Nasdaq drop below 17999.
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@WiseAnalyze #NDX #ta
In case of Nasdaq I recommend to watch the dips at the following levels (prices are given for BingX chart)
🔸 18216-18246
🔸 18122-18174
P.S. We don't want to see Nasdaq drop below 17999.
🔥 Support this channel - sign up to BingX exchange with 20% discount on fees. Trade Crypto/Forex/Indices and Commodities all in one place
@WiseAnalyze #NDX #ta
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Nasdaq dropped to close the gap, as I expected, but missed my entry by $2.7 🤦🏽♂️ Now pushing back up into last week open/close range. I believe if this or next hour close above 18400, we will see it grow higher.
💡 Next dips zone for bullish scenario 18305-18325 and under 18221 for bearish.
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Forwarded from Zen
Took more profit from #NDX long. Basically the target is reached. The rest of position (1/5 of starting size which was 150% of the balance) is left running for TP at ~18325
Nasdaq is so much easier than BTC these days.
Nasdaq is so much easier than BTC these days.
📉 Wise Analyze 📈
Partial taken at 5m gap. That is almost 16.5 Risk reward. For comparison BTC long we have should pump by 20% to 78500 to make the same profit
Taking partial profit from short here 👍
Position size was 150% of my balance. Same as long in the beginning, but for short its considered a smaller one.
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Position size was 150% of my balance. Same as long in the beginning, but for short its considered a smaller one.
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I think its the zone of potential bounce back to ~18081 and above.
At this moment there is no real reversal candle, so there might be another dip. But bounce will happen in any case. It's just impossible to enter a proper size position yet without a clear stop.
@WiseAnalyze #NDX #update
At this moment there is no real reversal candle, so there might be another dip. But bounce will happen in any case. It's just impossible to enter a proper size position yet without a clear stop.
@WiseAnalyze #NDX #update
Patiently waiting for NY session open. Friday crashed the market below previous day open, but NDX managed to hold within bullish consolidation range.
For today we may expect revisit of Friday close around 18011 (giving only BingX chart prices) and FVG at 18166-18213. Sequence yet unclear, but the first zone to be visited will most probably bounce price back to another. So if pump first, that is a short opportunity. Dump first - long.
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For today we may expect revisit of Friday close around 18011 (giving only BingX chart prices) and FVG at 18166-18213. Sequence yet unclear, but the first zone to be visited will most probably bounce price back to another. So if pump first, that is a short opportunity. Dump first - long.
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@WiseAnalyze #NDX #trade
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Patiently waiting for NY session open. Friday crashed the market below previous day open, but NDX managed to hold within bullish consolidation range. For today we may expect revisit of Friday close around 18011 (giving only BingX chart prices) and FVG at…
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Review looks pretty bearish 🤔 Don't want to be misunderstood and force someone to panic sell everything.
Strong downclose day move on NDX chart is covering the gap left from February pump. Equally possible bounce back to ~18k or continuation of that move down to ~17500. In case of a bounce, crypto will also act like crazy and make everyone think we are so back again. That will be the moment to close longs/spot holdings. Imho.
But if no bounce happen and NDX continue dumping, that will lead to an opposite logic - we got to catch the moment when sellers run out of steam and buyers take control over the dump. The further it dumps, the more profit will be from the bounce.
@WiseAnalyze #NDX #ta
Strong downclose day move on NDX chart is covering the gap left from February pump. Equally possible bounce back to ~18k or continuation of that move down to ~17500. In case of a bounce, crypto will also act like crazy and make everyone think we are so back again. That will be the moment to close longs/spot holdings. Imho.
But if no bounce happen and NDX continue dumping, that will lead to an opposite logic - we got to catch the moment when sellers run out of steam and buyers take control over the dump. The further it dumps, the more profit will be from the bounce.
@WiseAnalyze #NDX #ta
Stock Indices day charts to show what happened on Friday (and in general how they performed this week)
@WiseAnalyze #NDX #SPX #ta
@WiseAnalyze #NDX #SPX #ta
And just a reminder for crypto-community, that Bitcoin doesn't move on its own. There is actually real world events pushing it one way or another. The effect from halving is yet to come in several months. So right now its influenced by S&P500 and Nasdaq (which are influenced by Dollar/Feds).
Expect NDX to bounce, but I find it hard to forecast how far. In general I see that bounce as an opportunity to short it. Same valid for BTC potential bounce to 61k
Today 18 UTC Interest Rates and 18:30 UTC Fed's Conference.
@WiseAnalyze #NDX #ta
Expect NDX to bounce, but I find it hard to forecast how far. In general I see that bounce as an opportunity to short it. Same valid for BTC potential bounce to 61k
Today 18 UTC Interest Rates and 18:30 UTC Fed's Conference.
@WiseAnalyze #NDX #ta
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Lets take a look at Nasdaq 4H. Its within high timeframe uptrend, but its within lower timeframe correction stage. And I know its not the clearest channel, but it could be the one with top at ~17820 and bottom at ~17300.
So within that conception we may expect NDX to grow higher for re-test of 17751 NT high and possibly hunt for high liquidity stops above 17823. After that possible return back to ~17650-17700. That will be the crucial point, where NDX will either bounce and return back to uptrend, or crack down and move back to the bottom of that range.
N.B. Prices given for BingX chart and may be different at others. But the structure will be the same.
@WiseAnalyze #NDX #Nasdaq #ta
So within that conception we may expect NDX to grow higher for re-test of 17751 NT high and possibly hunt for high liquidity stops above 17823. After that possible return back to ~17650-17700. That will be the crucial point, where NDX will either bounce and return back to uptrend, or crack down and move back to the bottom of that range.
N.B. Prices given for BingX chart and may be different at others. But the structure will be the same.
@WiseAnalyze #NDX #Nasdaq #ta
Also want to point your attention to Nasdaq chart which has two gaps on 1H TF - one is just $100 above and another one left from week old pump - the same that pumped BTC.
As you can see, Bitcoin almost accomplished that pullback move that NDX didn't even start. Hard to predict if stocks will cover that lower gap first or not, but if they will, crypto will certainly create that sharp impulse move which I was waiting for. Just has to pray for it not to end up below 56.5k 😅
@WiseAnalyze #NDX #ta
As you can see, Bitcoin almost accomplished that pullback move that NDX didn't even start. Hard to predict if stocks will cover that lower gap first or not, but if they will, crypto will certainly create that sharp impulse move which I was waiting for. Just has to pray for it not to end up below 56.5k 😅
@WiseAnalyze #NDX #ta
Since Monday Nasdaq moves sideway. Now in the middle of the range. Trading activity make sense only at the edges. Wait for price to get there and then act upon PA. Right here its no-trade zone.
Chart and prices given for BingX which also covers electronic trading hours. Previous post was for regular trading hours chart.
@WiseAnalyze #NDX #ta
Chart and prices given for BingX which also covers electronic trading hours. Previous post was for regular trading hours chart.
@WiseAnalyze #NDX #ta
And just for comparison here are charts of S&P500 and Nasdaq on Daily.
💡Trade stock indices at PrimeXBT
@WiseAnalyze #stocks #SPX #NDX
💡Trade stock indices at PrimeXBT
@WiseAnalyze #stocks #SPX #NDX
Don't forget, BTC was dumping all the way while Stock Indices were making new ATH nearly every day for the past two weeks.
Yesterday both SPX and NDX closed with bearish engulfing 👀
Just an information to remember, in case you get excited by some influencer screaming "you are not bullish enough" 😏
@WiseAnalyze #SPX #NDX #Stocks
Yesterday both SPX and NDX closed with bearish engulfing 👀
Just an information to remember, in case you get excited by some influencer screaming "you are not bullish enough" 😏
@WiseAnalyze #SPX #NDX #Stocks
📉 Wise Analyze 📈
📉 Bitcoin Daily 📈 If today or tomorrow BTC won't grow back above May close, will have to adjust my forecast for this week target zone at ~69-70k. But I still believe stops above 68460 should get wiped out sooner or later. Can happen next week as well, as…
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