Nasdaq (NDX) is testing a strong short-term Support Cluster, the Lower Lows trend-line and the bottom of the 1H Channel Up. Being below the 1H MA50 (blue trend-line), the trend is right now neutral until one of the two levels breaks.
If the index breaks above the 1H MA50, we will turn bullish again, targeting 22200 (+5.70% from the current Low, the minimum % rise in the past month).
If it breaks below the Support Cluster, we will turn bearish, targeting the 1H MA200 (orange trend-line) at 20800.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
If the index breaks above the 1H MA50, we will turn bullish again, targeting 22200 (+5.70% from the current Low, the minimum % rise in the past month).
If it breaks below the Support Cluster, we will turn bearish, targeting the 1H MA200 (orange trend-line) at 20800.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
🚀 I Trade Crypto, Stocks, Indices & Commodities on Bitbase | 1k+ pairs,Low fees,One account! Signup👉 bitbase.com/pro/TRADINGSHOT
💰Message me @ t.me/tradingshot for Account Management|+20% monthly profit| Min. capital $30k|Low Risk
💰Message me @ t.me/tradingshot for Account Management|+20% monthly profit| Min. capital $30k|Low Risk
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
🚀 I Trade Crypto, Stocks, Indices & Commodities on Bitbase | 1k+ pairs,Low fees,One account! Signup👉 bitbase.com/pro/TRADINGSHOT
💰Message me @ t.me/tradingshot for Account Management|+20% monthly profit| Min. capital $30k|Low Risk
💰Message me @ t.me/tradingshot for Account Management|+20% monthly profit| Min. capital $30k|Low Risk
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.