nichtserai

nichtserai

Double Bottom with retest in form of a bull flag in combination with 0.5 Fibo. Double Bottom price target (13.400) also matches with Fibo extension. of course no financial advice, trade on your own.

nichtserai

green arrows = rising price red arrow = faling price As you can see, the volume is very bearish. When the prices rise, the volume falls and when the prices fall, the volume rises. I'm still long though, but that was beacause of a double bottom in 4 hour time frame. I think S&P will fall at 4300 (fibonacci golden zone + resistance). Trade on your own, no financial advice

nichtserai

Nasdaq seems to continue falling. It reached the S/R Zone multiple times but dropped, we also have a 0.618 Fibonacci at that zone (~13850). I'm pretty sure Nasdaq will go down to the next S/R Zone, which is also the 1.618 Fibonacci Extension (~12400). No financial advice of course

nichtserai

We got an S/R Zone, 0.786 Fibonacci and Volume Profile at about 2400$. This also looks like june 2021 (see blue circle), which also was a double bottom. My mid-term target is 5000$ or more. Pretty clean setup but of course still no financial advice, trade on your own.

nichtserai

We'll get an upswing to the trend line at about 15.800 forming the second shoulder and then get to about 12.400. no financial advice of course.

nichtserai Updated 

1st buy zone at about 15250 (S/R and 61.8 Fibonacci) 2nd buy zone at about 14900 (S/R and 78.6 Fibonacci)

nichtserai

explains itself i guess. Disclaimer: no financial advice! trade on your own!