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Nas100analysis

NAS100 |Demand zone remains intact, watch out for CPI data!As I stated in my previous analysis, NAS100 has reached a significant level, a demand zone where price reacted a number of times in the past acting as both support and resistance. We noticed a spike to the downside through the support level during yesterday's trading sessions which only ended the day with an indecision candle. I believe buyers would not give up so easily in defending the demand zone. We also need to consider that CPI data is set to be released today and this will definitely act as a catalyst which will impact price action. In spite of everything, my bias still remains bullish, unless we see a clear violation of the demand zone. In the event where my bias will meet clear bullish confirmation for entry on lower timeframe, I will consider taking long positions with two targets in mind, 12463.0 and 12726.1. I encourage everyone to do their own analysis and not take my word for it and also keep in mind the CPI data to be release latter today. Be safe!
PEPPERSTONE:NAS100Long
by Forexintelligence_NA
1
NAS100| Look for buy opportunities from the demand zone!NAS100 has reached a strong demand zone. Price bounced up several times from this zone. There's higher chance that buyers will defend this zone again. My expectation is that the index will bounce up from this zone. We can also see that the index is trading within a larger falling wedge. Buyers may push price up from the demand zone to the resistance of the falling wedge. We can look for longs targeting 12400 level. Please do support this idea with likes if you find this helpful.
NLong
by Forexintelligence_NA
3
NQ1! NAS100 NASDAQ 2023 Mar 13 WEEK NQ1! NAS100 NASDAQ 2023 Mar 13 WEEK Week of 06 March, market gave 300pts from 2 trades. Market is trapped between 12418 - 11930. Although daily bar showed little supply for short term long opportunity, the low volume means it is cheaper to whipsaw the market. Trade with caution. Possible scenarios: 1) Market continues to be range bound between 11930-12418 2) 11930 support long (test of breakout area) 3) 12418 // 11930 continuation short to reach bottom range of larger rotation zone 10710- 11135 Volume Analysis: Weekly = Ave supply down bar (non-trend changing) Daily: No supply ULTRA low vol down H4 = Supply showed effort no result + Low vol No Supply down bars Price reaction levels: Short on Test and Reject | Long on Test and Accept 13587 12950 12418-11930 11135 - 10710 Remember to Like and Follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:NQ1!
by paradox677
Nasdaq -> Please Listen To MeHello Traders, welcome to this free and educational multi-timeframe technical analysis . From a weekly perspective, the Nasdaq in my opinion looks extremely bullish. We just created a double bottom with a break above the neckline and last week we already started the continuation towards the upside. We are also having a bullish weekly ema crossover, all things pointing towards the beginning of the next bullmarket so on the weekly timeframe I just expect the continuation towards the upside. On the daily timeframe we are currently retesting previous support which is now turned resistance so I am now just waiting for a break and retest of the resistance area which is then turned support and then the continuation towards the upside looks extremely likely, also from a daily perspective. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NLong
by basictradingtv
44
NAS100 | A rise and then fall to 12021.50| ShortNAS100 is aiming for liquidity above 12158.09 and then fall to 12021.50. As mentioned in our previous idea, NAS100 bias is bullish on higher timeframe. A violation of 12158.09 will imply that buyers have gained control of this market and NAS100 will switch bullish on lower timeframe to align with the higher timeframe trend. If it cross above 12158.09 today, for me that would only grab liquidity and fall to 12021.50. Because the market is closing today for the weekend we are interested to see bullish momentum unfolding as from next week. We will be monitoring price if it can fulfill these few things for clear confirmation for us to be able to engage in this market as from next week. If you guys find this helpful, please do support this idea with likes. Do also comment below as to what you think will happen to NAS100 as from next week.
NShort
by Forexintelligence_NA
1
Look for sell opportunity on NAS100!This coming week, we anticipate NAS100 to further weaken. Technically, the index did not succeed to push price higher, instead it printed relative equal highs which suggest weaknesses. Bears succeeded to break below the 12200 and 12000 psychological levels which also acted as support. There is high chance that we could see NAS100 continue declining. We will be monitoring price for possible short positions with two targets in mind, 110807.36 and 11458.89. Traders, if you find this idea helpful please be kind to show your support with likes.
NShort
by Forexintelligence_NA
NAS100| Will the rally continue? Hello traders, Looking at NAS100 we can technically tell that the index printed a triple bottom plus a violation of the neckline. The index is trading above the 12000 psychological level which is acting as both the violated neckline of the triple bottom and the new demand. My anticipation is that the index will continue to rise if bulls strongly defend the 12000 key level. We are also paying attention to the Dollar index (DXY), which is currently trading within a falling channel. If we can be able to see DXY making a pull back down to 101, then we will definitely see NAS100 and other indices continuing to rally higher. 13600 is the next supply zone bears will be setting their eyes on. I will continue to monitor price today or tomorrow to see if it can give us a good confirmation to go long. US DOLLAR INDEX I would be glad to hear your opinion in the comment section below. Can we expect NAS100 continuing with its rally up?
NLong
by Forexintelligence_NA
3
NAS100 OUTLOOK keeping a eye on nas at these levels after coming off a major pull back and making a lower high i want to see what price does around that 12500-12600 level if it holds we can start seeing another lower high which and another push down towards the 12100 level which is higher time frame orderblock area as well do keep in mind my biased is bearish at the moment due to the fact of lower highs and also a change of structure aka "choch" but doesnt mean we cant see a retrace up b4 coming down now on the other hand if price breaks this 15 min orderblock we can see nas make a push towards 12600-12700 which is around the trend lines and also the pivot high for tomorrow so im watching as this develops just something to keep a eye on
OANDA:NAS100USDShort
by wolf_pack