Updated

Nasdaq 100 What Now?

So it's a new week in Nasdaq and I can tell the bears are not done. we've got the market still struggling at the 13750/700 support level here on the 240.
Guys I've got a theory and trading plan. it all depend on the opening a bearish opening leave room for speculations likewise a bullish.

However, on the daily, we've got a cross where if the ears break, then we've got a wick to fill and if not, then another bullish divergence that takes us to create a higher-high

Levels to consider:
13750/13700---Our current deciding factor.
13500-13000---If the ears break past the 13700 support that should be a new target.
13700-14000---The bulls would prove their strength once these levels are broken.

Be sure to follow me, like and comment to keep the community of Nasdaq100 lovers alive.
Love,
Lazyluchi.

Note

A plan. Looking to see if the higher-low is stable, if not---I'm considering going short. #nq A short trade.
Although, I get another candle by 7pm. The bulls are not exactly leaving signs, yet..

Trade active

Trade closed: target reached

Down 400 points! Great start for the week---Now I wait for the 13450 support. #nq
Focusing on executions for the year. Thanks to Mff (my forex funds) they've got the perfect account for that. My journal is almost complete once that's done, I'll be working with my trade log.

Reward: 400
Risk: 120
Main trigger: retest
Confluence: Double top, Bearish divergence, and downtrend..

Chart link:

Note

#nq nasdaq100 4-hour chart main triggers:

• double top
• bearish divergence
• retest
• downtrend
• lower highs..🚶🏽‍♀️

What else?

Note

Now we're just wick filling. There's a funny thing Nasdaq does were: she doesn't exactly fill the wicks instead, a possible divergence/double. But again, fingers crossed. Waiting to see what this week has in it's sleeves for me. #nq 🥂

Note

We’ve got a 13240 support for nasdaq 100. I’m keenly observing. Wick almost filled.. #nq

Note

We got that wick fill in Nasdaq100 #nq.. Mental! history remain intact. Once there’s a daily empty wick, there’s an unfinished business.

Nasdaq100's special three in one. We've got a bullish divergence, double bottom and higher-low.. Not fully confirmed though. But could this be it for the "bulls"..

A break past 13500-700 confirms my structure.. #nq
Later, nas100 lovers!

Note

A three-way explained in today's stream don't miss it.

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Nasdaq100: Confirming my 3-way soon. Bullish divergence, double bottom and higher lows.. It’s currently just 1/3. #nq A break of 13500/600 should do it..

Yup we in.. 3-way confirmed

Trade active

Risking: 1.1% to Gain: 2.1%.. Fingers-crossed, working on these retest.

Trade closed: stop reached

90 pips to profit—Slapped! good-night. Lost 1.1%.. Still going to consider the buys if there’s a final break. Till then, I stick with them shorts. #nq

There’s a funny observation. Taking profits is kinda tricky..

Note

Guess it was a too soon trade after-all. The buys came in for the morning after I got slapped.. These wicks!
Anyway, I'll be watching for the final break to confirm my 3-way. The Nasdaq has a way of ending the way it started. The bullish divergence is more visible now. #nq

Note

Nasdaq100 3-way (bullish divergence, double bottom..) almost confirmed. No higher-highs yet---Waiting for my main-trigger.. #nq
I still see a possible 14200. Anyway, wasn't a waste after-all.

Note

Nasdaq100: What zones will hold? #nq
Are we finally getting a ride? Next retest and we might just go for that double top resistance..

Get ready!

Note

Nasdaq100 update: Tripping or not? Is this too soon? Limit orders have been set. The trend-line maintained; the buys haven't been confirmed yet. But, let's see if that support stays.. I've got to get my main triggers right!
An hour from now, we get a new candle..
#nq

Trade active

Trade closed: stop reached

Lost that one.

Note

If you get stopped out the first time, do you still go in even if it's the same trade?

Trade closed: target reached

Yes I do.

lazyluchi

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lazyluchi

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