Nasdaq 100

Technical Outlook: E-mini Nasdaq 100 Futures (NQ)

A bullish breakout has occurred above the minor consolidation zone Bearish and Bullish Targets Clearly Defined A Gap opens at $12,349.25 Bullish Breakout The minor consolidation referenced in our previous technical outlook has been broken to the upside and is trading above the Fibonacci 50% level. For Bulls, the next target to watch is the Read More…

Nasdaq 100 index futures (NQ)
Technical Analysis

E-mini Nasdaq 100 (NQ): Head and Shoulders Pattern Completed

Head and shoulders (H&S) target hit RSI indicates selling pressure is weakening Cautiously bearish on NQ Refer to our analysis on August 30 for a detailed explanation of the Head and Shoulders  (H&S) pattern formed on NQ which has been met. Normally, these patterns may get very close to the full target before consolidating or Read More…

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NASDAQ 100 (NQ) Futures remain Bearish

Head and Shoulders pattern on the 2H time frame The bear flag pattern is still in play Bullish morning star pattern on daily As a continuation of our analysis on NQ yesterday, Monday’s session gave us no signal that bearish sentiment is reversing. In fact, looking at the 2-Hour time frame, a Head and Shoulders Read More…

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NASDAQ (NQ) Futures Dip 4% On Friday

Trend Channel retested after Initial Breakout 50% Fib Level holding support Potential Flag formation on the hourly chart Long Term Outlook As we know from the previous analysis done on August 22nd, NQ was in a strong upward channel but broke to the downside. The downward move accelerated on Friday, falling over 4% and then Read More…

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Analysis of the 1-2-3 Chart Pattern on ES

1-2-3 Reversal target hit A minor pullback on longer time frames expected Market Sentiment remains bullish 1-2-3 Reversal On 4-Hour Chart A very high probability chart pattern known as the 1-2-3 reversal was formed on the 4-hour time frame of the E-mini S&P 500 (ES). The first point was formed on June 17th, the second Read More…