Crash More or Rise Today? Dow Jones | Nasdaq | S&P500 - Technical Analysis & Prediction Today 4 Sep

us indices found a very very good support it appears at around uh let's say us30 I have mentioned 4800 4770 levels a good support it has respected it so far while us 100 is also 14 uh 1878 800 it is respected it so far and specifically the US f00 I have mentioned only selling entry is below 5495 now what to expect today with the US s and with the data can we expect a rise or there is a possibility of a further drop what is going to be our strategy in order to profit we will see with the help of charts and indicators this is the second update for the day those who had watch the first update must have already profited the subscribe to the channel and press the Bell icon do like share and comment join the free telegram channel for live updates and join the channel memberships here on YouTube to support effort let's start first S&P followed with nasda and in the end Dow Jones for if you look at S&P on the r charc first of all stronger drop retracement and see series of briish candle retracement and it is trying to find a support here at around uh 55 5495 Zone which is definitely a very very good support so if you see uh S&P trading below 5495 today you can take a selling entry expect 5480 and then in fact 545 levels can be seen here right now I can also see it is trading with modest bullishness higher lows higher highs possibility of price is moving towards 5525 exist and then in fact we can look forward to 5540 and 5560 levels stock itic Rising magd is is trying to cross over for a buy RSI coming out of the oversold Zone coming to two hour observation is same moving average is crossing over here trading with Divergence prices are almost staying flat here very very good support at 5495 is seen and let it break Beyond 5520 that will be the confirmation that we will look forward to a good rise towards 5540 and in fact 5560 levels the stock istic rising from the oversold mag beer is trying to converge RSI is staying oversold trying to recover coming to two Char series of bearish candle flat base it can try to deliver a stronger candle here so once you see it is staying above 5520 you can expect that further rise can be seen here which can take the prices towards uh 5530 5550 and in fact higher levels now I have mentioned several times that 5550 5560 is the Zone it has to come out of yesterday we have seen a sharp D dip and it has come out of this zone now let's see if it sustains or tries to bounce back within the Zone again stock I take oversold trying to recover magd bearish RSI oversold coming to 4 on the 4our charts this observation is similar series of drw flat Bas trying to recover it can continue recovering towards 552 030 Zone stock I sck oversold magd bearish and RSI oversold here coming to daily chart if you look at Daily charts here yesterday I mentioned see there is a wall for Nasdaq here and see it is delivered uh expanding triangle so today if you see it is staying below 28504 sorry 54540 Zone you can expect a further drop which can take it till towards 5400 in lower level so yes first selling entry is at around 55 5495 expect 5480 5465 54555 5450 55 5440 and once it stays below 5040 Zone that is 54 50 4 Zone you can expect more drop which can take it towards 5400 and lower levels Anything is Possible the yesterday's dip was Stronger today it could be further stronger take your positions accordingly let's have a look at nasda 100 and yes if you want to learn this art of trading join my mentorship batch if you just want to trade as per the signals be a part of my signals channel on telegram write an email or ping me over telegram for your queries and those who had asked me to recommend a broker which offers a sree account with lowest Su spr and no hidden charges you can find the recommended broker link also in the channel and video description now look at us on the AL Char drop retracement drop retracement drop now see higher lows are seen almost it is trying to find a support here at 18800 so as the as long as it respects 18800 we should not be treating uh this as bearish 18800 187 80 is the Zone where it is going to get maximum support stock itic looking down magd trading with Divergence and bullishness RSI staying oversold and more or less the story is same everywhere here you can also see the moving averages are trading with too much of bearishness and thus it could potentially recover stock itic RSI magd are extremely oversold and possibility of a recovery is seen here coming to three chars uh look at this a flat base and remember what you could call a recovery I will Rec I will uh recommend you to buy here at 18 uh 860 levels expect 188 18900 and then 18950 960 as the next Beyond this you can expect 19,000 and in fact it can keep moving towards 19100 19140 and 200 levels possibil is there uh but as long as it is stays below 19200 do not rate NASDAQ 100 as bullish here see everything is oversold so a little recovery is what we can look forward to and likewise on the 4 rrc preceding candle after series of bullish candle this could be a reversal sign double bottom almost so yes this could be a reversal candle which can take the prices towards 8950 19,000 levels indicators here are also extremely oversold coming today look at the daily charts here flat base is seen Flat Top is seen I mentioned yesterday day before yesterday last week as well that 19625 640 is the Zone where we are going to see maximum resistance what has happened hitting the Zone we have seen a sharper drop here look at the rise and see right now what is happening rise retracement and see lower highs and thus it could deliver lower lows which means it can keep moving towards 18100 120 uh 18700 720 Zone and then we can look forward to 18600 as well so if you see it is staying below 1872 800 you can expect more drop which can take it towards 18700 720 and then in fact 18 660 18600 levels cannot be denied take your t accordingly on the buy side I will recommend you to buy only if you see it is staying above 1888 in fact you can buy at 18860 itself but then 18880 8900 uh 89560 and then 19,20 levels will appear beyond that more bullish momentum will prevail take your trades accordingly let's have a look at down see likewise what we had seen on the other time frames us is also delivering the same increasing bullishness and now it is waiting for a breakout the third candle if it breaks out Beyond 4900 4 950 Zone it is going to be a tremendously strong bullish candle and then we can say that uset is reversing and it can keep moving towards 41200 stock itic Rising magd crossed over trying to trade with bullishness RSI coming out of the oversold Zone likewise on the two our CHS of flat base trying to bounce back and thus once you see it is staying Beyond 40900 950 you can say that the Bulls will take over completely yes indicators are supportive that it is trying to willing to run a bit magd is also trying to converge RSI is staying oversold this is a slight Bri sign coming to three R charts likewise on the three R charts higher low so possibly higher highs is what you can expect and in fact it can keep moving towards 41,000 or in fact higher levels towards 41200 stock itic Rising magd bearish RSI oversold coming to 4 similar observation only thing is here is the 50 period moving 100 period moving average giving it a good resistance which caus for it to continue if it if it breaks this we are going to look forward to very very good rise towards 41,000 or in fact 41,100 levels stock I here is also oversold magd is bearish and RSI is staying oversold coming to daily likewise on the daily chart see this is the support Zone and you can see the current toand is almost finding the support at the same zone so yes this is good definitely a critical support Zone any move below the 4760 levels you can say 4700 720 and in fact 4660 600 can be seen below 4600 is their major bearishness which can directly uh take the selling entry if it trades below 4800 uh 4700 720 yes uh right now the moving averages are looking up for stop Astic has dropped a bit magd has also crossed over here for all this is important it has crossed over it is trading with Divergence it is suggest further bearishness is there then RSI is also dropped so considering this I will recommend you to sell here 4750 and buy here at 4900 in between 4750 and 900 for this one 50 points do not take a position below 4750 you can look forward to 4700 4600 and in fact 4500 levels on the upside if you're buying at uh 4900 levels expect 4950 which is going to be a critical critical resistance uh Beyond 4950 is a little bullishness will prevail and then you can look forward to 40 1 and then uh we can in fact look forward to 41100 and2 200 levels take your trades accordingly like share subscribe and comment join my mentorship by join my sign Channel reach out to me for your queries related to the services join the free telegram channel for live updates and join the channel memberships here on YouTube to support the effort thank you very much have a great profitable trading day ahead see you again with the Asian and Europe session with more updates tomorrow do was it as well the press the Bell icon and join the free telegram Channel thank you again