NASDAQ weekly Projections

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@asuquokelvin - 1 hour ago
Quoted - nsg_usd

NASDAQ- 3rd Quarter projection: From the 3 months timeframe, I'll be expecting a further downside on Nas100 at least to 27170, IF price takes out 28,000 region.

I told you before that price will not get to that 30508 level but you didn't believe that zone was a strong resistance area and it was fundamentally backed

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@nsg_usd - 1 hour ago
Quoted - asuquokelvin

I told you before that price will not get to that 30508 level but you didn't believe that zone was a strong resistance area and it was fundamentally backed

I didn't doubt you. Price didn't exactly turn at 30000 either like you stated. It was not too far from my region. In most case, it usually stretches into those critical zones, just didn't this time around.

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@asuquokelvin - 1 hour ago
Quoted - godspowerdan

That sell was sponsored by money transfer. If you check the 15 mins you'll see it

There was nothing of such price is just reacting to data the main liquidity sweep or money transfer occured during fed rate , the retracement or bullish movement was as a result of cool off or uncertainty about fed rate hike statement, ustech is selling to a discount level to buy again

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@asuquokelvin - 1 hour ago
Quoted - nsg_usd

This is why i have regions as my price pivot points and not single level. cause single level can vary in brokers, but the regions/zones don't.

That level I told you I know what really happened there, no matter how small that sweep is, price was already falling and so many stop loss were above those levels, and if you notice there was a liquidity takeout and price reversed strongly to the downside, breaking a key level to the downside, price must get to the opposite liquidity level before reversing no matter the data

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@asuquokelvin - 58 minutes ago
Quoted - nsg_usd

I'm not expecting strong buys on NAS100 this week again. But then Market can prove me wrong tomorrow. Everything is pointing to sells, except the Daily Trend Support that's still giving convictions for buys.

Price will definitely reach the 28541 to 28373 level before reacting and if you look closely there's a fvg at that level I marked and also an order block and an old low , there's possible reactions there

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