NASDAQ weekly Projections

@asuquokelvin - 8 hours ago

Setting limits are really effective in risk optimization, as long as you're good with missing some trades.

A missed trade is better than a lose trade , limits are very good in risk management

0

1

@nsg_usd - 6 hours ago

Quoted - asuquokelvin

A missed trade is better than a lose trade , limits are very good in risk management

Yeah. That's right.
Volume pattern replicated. Possible buy continuations to 29200, price level are looming.

@asuquokelvin @godspowerdan

0

2

@nsg_usd - 6 hours ago

NAS 100- on 1hr there's a 4hr bullish channel, holding price bound and preventing a decline. invalidation of this trend channel, along with a break below 28000 price level and the bearish bias on 1hr will be confirmed.
For now, price is still indecisive couple with today being the first trading day of the month. Let's watch out New York session if price will resume a clear direction.

NAS 100- A rebound on the trend support pushes price to break above 28600, signaling a buy bias on the intraday. A retest of the 28600, will further drive price upwards, possibly to 29200 price level.

@asuquokelvin @israeljasspu @victordtrader @godspowerdan

1

2

@nsg_usd - 6 hours ago

Quoted - godspowerdan

Let's see how price works out

New York session pushed for a break above 28600 price level, signaling buy continuations.

0

1

@nsg_usd - 6 hours ago

Quoted - godspowerdan

It's possible for price to trade higher, react from a supply zone and continue the sells, because price is still very much bearish

Yeah, it is possible. that's why I have the intraday trend channel as a guide. Invalidation of the bullish channel will signal the sells. For now, since it's pointing to buys, I'll trade what i see.

0

1

@asuquokelvin - 5 hours ago

NAS 100- Monthly Review and Analysis
The month of July closed bearish on NAS 100 after seeing a massive drop from 30339 (July monthly's high) to 27082 (July monthly Low). July closed at 28267 a bit above June's Low @ 28201.
Expecting Sell continuations this month on Nasdaq.

That means the buys is just a monthly retracement to previous months selling range , but before selling nas100 I will wait for price to break below the recent 4hrs level @ 28303.94

0

@asuquokelvin - 5 hours ago

One of two possible scenarios will likely play out on NAS 100 on the Daily. Either a full candle break and Close above 28600 price level invalidating the Trend resistance channel, or a break and close below and 28000 to continue its downward movement.

will be watching out for either of these options.

I will only consider buys if the recent bearish highs is been taken out , the one I marked with the box

0

@asuquokelvin - 5 hours ago

NAS 100- on 4hrs, price is consolidating and I'll be waiting for a breakout below 28000 for a sell, or breakout above 28600 for a buy.

It's jo more consolidating on the 4hrs timeframe made a huge breakout, but don't really trust it , let's wait till tomorrow

0

@godspowerdan - 4 hours ago

NAS 100- on 1hr there's a 4hr bullish channel, holding price bound and preventing a decline. invalidation of this trend channel, along with a break below 28000 price level and the bearish bias on 1hr will be confirmed.
For now, price is still indecisive couple with today being the first trading day of the month. Let's watch out New York session if price will resume a clear direction.

Nas100 is in it's retracement phase. Price is still trading higher to grab more liquidity before the sells continue

0

@asuquokelvin - 4 hours ago

NAS 100- on 1hr there's a 4hr bullish channel, holding price bound and preventing a decline. invalidation of this trend channel, along with a break below 28000 price level and the bearish bias on 1hr will be confirmed.
For now, price is still indecisive couple with today being the first trading day of the month. Let's watch out New York session if price will resume a clear direction.

Price just created a higher low and at the same time has entered a good level of interest, 4hr bearish order block, I will suggest we wait till tomorrow to see price movement if it will invalidate the higher low level to continue the sells, or will invalidate the bearish 4hr order block and continue the buys

0

@asuquokelvin - 4 hours ago

Yeah. That's right.
Volume pattern replicated. Possible buy continuations to 29200, price level are looming.

Dollar is really weak, if this buy continues till next week then consider the fact that investors risk appetite has increased due to fed stance and that will Push nas100 and other stocks even more higher

0

@asuquokelvin - 4 hours ago

NAS 100- A rebound on the trend support pushes price to break above 28600, signaling a buy bias on the intraday. A retest of the 28600, will further drive price upwards, possibly to 29200 price level.

The. Idea is perfect but also remember that price is in an area of interest which is the 4hr bearish order block level, so that level could be a turning point

0

@godspowerdan - 4 hours ago

Yeah. That's right.
Volume pattern replicated. Possible buy continuations to 29200, price level are looming.

The buys are just retracements

0

@godspowerdan - 4 hours ago

NAS 100- A rebound on the trend support pushes price to break above 28600, signaling a buy bias on the intraday. A retest of the 28600, will further drive price upwards, possibly to 29200 price level.

I can't join the buys as it's retracing

0

@godspowerdan - 4 hours ago

New York session pushed for a break above 28600 price level, signaling buy continuations.

The buys are not valid enough for me to hop in because my confluences haven't been met

0

@godspowerdan - 4 hours ago