{"id":12125,"date":"2022-06-16T11:46:09","date_gmt":"2022-06-16T11:46:09","guid":{"rendered":"https:\/\/tradingshot.com\/?p=12125"},"modified":"2023-05-10T11:48:23","modified_gmt":"2023-05-10T11:48:23","slug":"nasdaq-preparing-a-mid-march-rebound-with-eyes-on-the-1w-ma200","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2022\/06\/16\/nasdaq-preparing-a-mid-march-rebound-with-eyes-on-the-1w-ma200\/","title":{"rendered":"NASDAQ preparing a mid-March rebound with eyes on the 1W MA200"},"content":{"rendered":"

 <\/p>\n

Our last analysis on Nasdaq (NDX) 10 days ago, came with a warning that as long as the 1D MA100 (green trend-line) and the Lower Highs trend-line of the long-term Channel Down held, the trend was bearish towards the 11500 Support:<\/p>\n

\"NASDAQ<\/a><\/div>\n

As you see the 11500 target was eventually hit, and with the Fed making an interest rate raise yesterday of 0.75% (the biggest hike since 1994), the index eyes the 1W MA200 (red trend-line) for the first time since August 2010, as more and more market participants call for a recession.<\/p>\n

However, as long as the 1W MA200 holds, we have to go with the pattern in hand, i.e. the Channel Down which calls for a short-term rebound above the 1D MA50 (blue trend-line) and on the 1D MA100 to form a new Lower High. Target range: 13000 – 13400.<\/p>\n

A 1W candle closing below the 1W MA200 should be enough to kick-start a sharp fall to the 1W MA300 (yellow line, scroll the chart downwards to see).<\/p>\n

Tradingview link:<\/p>\n

https:\/\/www.tradingview.com\/chart\/US100\/00Ktsa45-NASDAQ-preparing-a-mid-March-rebound-with-eyes-on-the-1W-MA200<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

  Our last analysis on Nasdaq (NDX) 10 days ago, came with a warning that as long as the 1D MA100 (green trend-line) and the Lower Highs trend-line of the long-term Channel Down held, the trend was bearish towards the 11500 Support: As you see the 11500 target was eventually hit, and with the Fed<\/p>\n","protected":false},"author":611,"featured_media":12126,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1639],"tags":[],"class_list":["post-12125","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stockindices"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=12125"}],"version-history":[{"count":2,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12125\/revisions"}],"predecessor-version":[{"id":12128,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12125\/revisions\/12128"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/12126"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=12125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=12125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=12125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}