NASDAQ weekly Projections

Price has dropped below August's high at 30269 price level. I'll watch if it will close below it today.

With the large volume candles it's creating it might break below the demand level, not sure just to watch and see how the reaction will be, although am working on mastering a long term trading pattern

It will sell more, I was just checking long term trade bias I created and I noticed I missed the whole trades I was supposed to take from 10th of this month and hopefully only holding EURaud

It's better to reassess the entry level if you aren't sure about it

With the present market conditions I just hope the pullback doesn't become reversal because the volume of the candlesvare large

Price rejected weakly at the region, I'll be watching its decision if it will close below or above the high. That's a very important piece of information for me.

The pullback was a sure move; except it didn't pull inside my POI for a more precise execution.
I spotted this intraday bearish channel it has created and realized it's the reason it won't get to my original POI again.

But are you still holding the trade,? Or you are out of it

But are you still holding the trade,? Or you are out of it

I closed one on profit, re-entered, and it took me out on loss.
Invalidation of the bearish flag pattern and the sells will continue, otherwise it's to wait incase price wants to push and create a double top near the new ATH zone.

I closed out

Has Nasdaq reversal started?

A break below 30212.41 will give a double top neck break which is a potential confirmation for sells continuation

Nas 100 is signalling potential double top, but I'm not convinced it will hold because the month is ending and next week might continue with the buys, but I'll just watch it.

The Bullish Channel has expanded. I'm doubting the reversals will hold except the double top forms solidly at the 30,700-30,800 price level.

NAS 100 respected the 30212-price level and continued the rally but closed below the ATH it created on Wednesday at 30824. The bullish trend is still valid, but the resistance level at 30667 will likely cause next week to start with sells.

NAS 100- Weekly Update
Trend: Bullish
Bias: Bullish
Technical Outlook: Bullish Ascending Channel
Forecast/Analysis: On the weekly. price has created a new bullish channel following the break and retest of the internal bearish channel that was invalidated last month (red trendline).

On NAS 100, With the current reactions at the resistance level 30667, we'll likely see next week start with sells, down to 30063 for the rally continuation, but if price breaks above the new ATH then we are expected to see a retest of the resistance as a support for the bullish rally to continue.

NAS 100 - Daily update
Trend: Bullish
Intraday Bias: Bearish
Technical Outlook: Double Top Formation on D1
Analysis: The week started with sells from the 30675-price level creating a double top at the resistance level.
I'll be watching price reaction at the 30,200-price level which acts as neckline. once broken, I'll join the sell continuation.
Trade Execution: Pending Order
Entry: 30,124
SL: 30400

NAS 100- Trade Setup
Trade Type- short
Entry: 30532
SL: 30764
TP: 29,966

Reason: Price invalidated the intraday channel as it started with sells this week. I'm looking to trade the retest of the flip zone that confluences with trend support breakout to join the sell continuations down.