{"id":13135,"date":"2023-01-30T09:00:46","date_gmt":"2023-01-30T09:00:46","guid":{"rendered":"https:\/\/tradingshot.com\/?p=13135"},"modified":"2023-05-18T09:03:07","modified_gmt":"2023-05-18T09:03:07","slug":"nasdaq-holding-the-1-month-pattern","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2023\/01\/30\/nasdaq-holding-the-1-month-pattern\/","title":{"rendered":"NASDAQ holding the 1 month pattern"},"content":{"rendered":"<p>Nasdaq (NDX) is pull-back following Friday&#8217;s high. This is nothing more than a technical 1-month pattern which, supported by the 4H MA50 (blue trend-line) is posting rises around +6% and pull-backs around -3.5%.<\/p>\n<p>The 4H MA50 is currently a little over 11800 and a -3.80% pull-back (max on the pattern) can make exact contact with it tomorrow. With the Higher Lows trend-line just below it, we are willing to buy there and aim at a +5.85% rise at 12530.<\/p>\n<p>The 4H RSI Buy Zone can offer additional insight on the buy entry. A break and closing below the 4H MA200 (orange trend-line), would be a trend change and sell signal towards 10800.<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/NQ1!\/8LB4yOPT-NASDAQ-holding-the-1-month-pattern\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/NQ1!\/8LB4yOPT-NASDAQ-holding-the-1-month-pattern<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nasdaq (NDX) is pull-back following Friday&#8217;s high. This is nothing more than a technical 1-month pattern which, supported by the 4H MA50 (blue trend-line) is posting rises around +6% and pull-backs around -3.5%. The 4H MA50 is currently a little over 11800 and a -3.80% pull-back (max on the pattern) can make exact contact with<\/p>\n","protected":false},"author":611,"featured_media":13136,"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-13135","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\/13135","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=13135"}],"version-history":[{"count":2,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13135\/revisions"}],"predecessor-version":[{"id":13138,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13135\/revisions\/13138"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/13136"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=13135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=13135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=13135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}