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NASDAQ 100 CFD

USNAS100 New All-Time High with Strong Bullish MomentumTechnical Analysis: New All-Time High with Strong Bullish Momentum The price has recorded a new all-time high, indicating strong bullish momentum. Today's Outlook: The indices market is expected to be volatile due to upcoming retail data releases. Bullish Scenario: If the price remains stable above 19,880, it is likely to continue the bullish trend, potentially reaching 20,250. Bearish Scenario: If the price breaks below 19,880 and closes a 4-hour candle under this level, it may enter a downtrend, targeting the demand zone between 19,625 and 19,525. Key Levels: - Pivot Line:** 19,880 - Resistance Levels: 20050, 20150, 20250 - Support Levels: 19685, 19525, 19255 Today's Expected Range: The price is expected to fluctuate between the support at 19,525 and the resistance at 20,060. In summary, stability above 19,880 favors a bullish outlook with higher resistance targets, while a break below this level suggests a potential bearish trend toward lower support zones. Fundamental Analysis: S&P 500 and Nasdaq Futures Near Record Highs Ahead of Key Data Market Overview: U.S. stock index futures were steady on Tuesday, with those tracking the S&P 500 and the Nasdaq hovering near record highs. This comes ahead of crucial retail sales data and commentary from several Federal Reserve officials. Key Economic Data: Focus is now on fresh economic data from the United States, including: - May Retail Sales: This data will be closely watched for insights into consumer spending. - Industrial Production: A key indicator of economic health. - Business Inventory Data: Provides insights into supply chain dynamics and business confidence. Federal Reserve Commentary: Comments from U.S. Federal Reserve officials will be scrutinized for their views on the current economic situation and future monetary policy. Recent projections indicate that the Fed now anticipates just one interest rate cut this year, down from the three previously forecasted. In summary, the market is poised for potential volatility as investors await key economic data and insights from Federal Reserve officials, which could provide direction on future monetary policy.
OANDA:NAS100USDLong
by SroshMayi
Nasdaq, Assessing Bullish Continuation and Potential CorrectionsTechnical Analysis: Assessing Bullish Continuation and Potential Corrections The price recorded a new all-time high, demonstrating strong bullish movement. However, some investors remain concerned about the sustainability of the equity rally, as gains have been driven primarily by megacap growth and technology stocks. Today's Outlook: The price is expected to move between 19,760 and 19,520 due to a strong supply zone. Bullish Scenario: To continue the bullish trend, the price should stabilize above 19,625 and target 19,760. Stability above 19,760 would suggest further gains this year. Generally, maintaining a position above 19,520 indicates an uptrend. Bearish Scenario: The price might touch 19,760 and then drop to correct down to 19,625 and then 19,520. To reach 19,100, a 1-hour candle must close below 19,520. Key Levels: - Pivot Line: 19,690 - Resistance Levels: 19,760, 19,820, 19,980 - Support Levels: 19,520, 19,250, 19,100 Today's Expected Range: The price is expected to fluctuate between the support at 19,100 and the resistance at 19,625. Tendency: Downtrend correction In summary, maintaining a position below 19,760 suggests a bearish outlook, targeting lower support levels. Conversely, breaking above this level could signal a return to the bullish trend.
OANDA:NAS100USDShort
by SroshMayi
2
Nasdaq Eyes New Highs Amid Bullish MomentumTechnical Analysis: USNAS100 The price has reached the resistance line at 19,100, indicating a sustained bullish trend. If the price stabilizes above 19,100, it is expected to continue its bullish movement towards 19,440. However, a retest down to 18,940 is likely before the bullish trend resumes. A break below 18,930 on a 4-hour candle close would signal a bearish shift towards 18,820, leading to consolidation between 19,100 and 18,940. Bullish Scenario: For the bullish trend to persist, the price needs to break above 19,100, with potential targets at 19,250 and 19,450. As long as the price trades above 18,930, the bullish trend remains intact. Bearish Scenario: Stabilization below 18,930 would indicate a move towards 18,820. A further break below 18,820, confirmed by a 1-hour candle close, would signal a downtrend towards 18,600. Key Levels: - Pivot Line: 19,100 - Resistance Levels: 19200, 19300, 19450 - Support Levels: 18940, 18820, 18710 Today's Expected Range: The price is expected to move between the support at 18,820 and the resistance at 19,450.
OANDA:NAS100USDLong
by SroshMayi
NASDAQ Next week expectation #NAS100 Next week..! The price reaches the highest level. And this should be retested. Because 13th of June reaches this price and falls down to 19,479 level. But in a low time frame still running between the Accending channels. But the movement is bearish Because 2 times it is tested with treeline. However once the market opens if the current 4H candle end below 19670 can go for sell to 19352 level. And the buy area located at 18753 - 18933 according to 4H timeframe *My trading plan. Trade at your own risk good luck
OANDA:NAS100USDShort
by chamitha45
5
NAS100...Historically Bullish With Weekly Sell OpportunitiesNAS100 is and has continued to be a bullish instrument...what this means is that if you have entered on any LOW's on the bigger timeframes, you could have continued to hold forever and still be in profit despite the retracements on the smaller timeframes. There have been great sells in recent times that have provided great profit opportunities, however that requires extreme skill and great patience. While my bias is still towards the buy, I took a sell opportunity based on the fact that the price registered an all time high (ATH) on Friday June 7th, 2024)...This move will end with a HL on a timeframe bigger than the H1, hence creating another buy opportunity towards another ATH. Friday's Sell entry was as follows: Entry: 19105.3 TP: 18904.1 As always guys...I am not a signal service provider and there are trades that I will take an not post as time may not allow, so please do not look to me for guidance as to how I am entering or exiting...this is just for informational purposes only. Important: NAS100 is always bullish, which means, I take Lows to Highs for buys and High to lows for sells. Zig to Zag = Buys Zag to Zig = Sells #auberstrategy #aubersystem #whywewait #zigzagtheory #patience You can check my video profile to see a visual explanation entitled "NAS100...The week Ahead 6/9 - 6/14/2024"
OANDA:NAS100USDLong
by Auberstrategy
USNAS100 Bearish Trend Emerges After Bullish Targets ReachedTechnical Analysis Nasdaq The price has reached all our bullish targets perfectly and now appears to be entering a bearish trend. Today's Outlook: The price has stabilized below the resistance line at 19,650, consolidating between 19,625 and 19,525. Bullish Scenario: To re-enter a bullish trend, the price must break above 19,625 and close a 4-hour candle above this level, potentially targeting 19,760. Bearish Scenario: As long as the price remains below 19,625, it is likely to drop towards 19,230. A 1-hour candle close below 19,525 would confirm the bearish trend, with further potential declines. Key Levels: - Pivot Line: 19,570 - Resistance Levels: 19,710, 19,820, 19,980 - Support Levels: 19,450, 19,230, 19,100 Today's Expected Range: The price is expected to fluctuate between the support at 19,100 and the resistance at 19,625. In summary, maintaining a position below 19,625 suggests a bearish outlook, targeting lower support levels. Conversely, breaking above this level could indicate a shift back to a bullish trend.
OANDA:NAS100USDShort
by SroshMayi
USNAS100 Stabilizes in Bullish Zone, Reaches New All-Time HighTechnical Analysis: NASDAQ The price reached all our targets perfectly as mentioned yesterday. Today's Outlook: The price has stabilized in the bullish zone and achieved a new all-time high of 19,670. As long as the price remains above 19,570, the bullish trend is expected to continue. Bullish Scenario: As long as the price trades above 19,570, it is likely to continue the bullish trend, targeting 19,720 as the first bullish milestone. Bearish Scenario: A bearish trend will be activated if the price breaks below 19,570, potentially dropping to 19,450. A further break below this level could continue the trend towards 19,250 and 19,100. Key Levels: - Pivot Line: 19,570 - Resistance Levels: 19,710, 19,820, 19,980 - Support Levels: 19,450, 19,250, 19,100 Today's Expected Range: The price is expected to fluctuate between the support at 19,230 and the resistance at 19,720. In summary, maintaining a position above 19,570 supports a bullish outlook with higher resistance targets, while trading below this level suggests a bearish trend with lower support levels in focus. Previous idea:
OANDA:NAS100USD
by SroshMayi
(NASDAQ) CPI & Fed Rate: Key Drivers for Market Volatility TodayTechnical Analysis Nasdaq The price reached the target we mentioned yesterday and has now achieved 19,250. Today's Outlook: Today, the market is expected to be volatile due to the CPI release and the Federal Reserve's rate decision. A CPI reading below 3.4% is likely to support an uptrend, while a reading above 3.4% could negatively impact the indices. Bullish Scenario: If the CPI is below 3.4%, as long as the price trades above 19,100 and 19,220, the bullish trend is expected to continue towards 19,450. It is possible that the price may retest 19,100 before resuming the bullish trend. Bearish Scenario: If the CPI is above 3.4%, stabilization below 19,100 would indicate a move towards 18,940. A further break below 18,940, confirmed by a 1-hour candle close, would signal a downtrend towards 18,810. Key Levels: - Pivot Line: 19,200 - Resistance Levels: 19450, 19570, 19720 - Support Levels: 19100, 18940, 18810 Today's Expected Range: The price is expected to move between the support at 18,940 and the resistance at 19,570. Our Previous Prediction:
OANDA:NAS100USDLong
by SroshMayi
2
QQQ still confined to the trading channel since 2010The blue trading channel has been a very reliable resistance since 2010. You can see the many times that it has confined price action, only being broken during the COVID bubble. My guess is that it will continue to be resistance. We will likely see a repeat of the action from 2015 and 2018 where price will slowly work sideways but ever so slightly higher with numerous pullbacks until we see a large pullback to the support side of the channel. Here is what the action looks like on the 1D. You can really see the price trying to break out, but as we saw back in April, it ultimately lost and we had a nice pullback to buy into.
NASDAQ:QQQLong
by Dr_Roboto
NASDAQ - Correction Due?Nasdaq is on a really impressive run, gaining over 80% in less than 2 years/ As with all good things, they must come to an end... for a short period of time atleast = correction. This diagonal is a typical pattern for a reversal. Unlikely that we'll see a big reversal so it could be just a bearish correction for the next move higher. We have some structure levels present where we'll be reviewing what comes next once we reach them. Trade Idea: - Watch for signs of bearish reversal - Our confirmation will be the break of the red trendline - Once broken, enter with stops above the highs - Targets: 17k, 14k, 11k It's unlikely that we'll reach 11k so do actively manage your positions if entering shorts. Goodluck and as always, trade safe!
OANDA:NAS100USD
by WicktatorFX
7