US NAS 100
NQ1! NAS100 NASDAQ 2023 APR 17 WEEK
CME_MINI:NQ1!
NQ1! NAS100 NASDAQ 2023 APR 17 WEEK
12950 was supporting the market well despite increase
in distribution effort. Market participation was low though, and
shortening of thrust from high to high observed = waning
upward momentum.
Possible scenarios:
1) Market stuck in a 250pt range, wait till supply/demand is
resolved
Then:
2) Breakout of upper boundary to test 13740
= long at support of upper boundary of range
3) Breakdown of lower boundary of range
= Short on rejection of 12950
Volume Analysis:
Weekly = Ave vol narrow spread up bar close off high
= Minor weakness
Daily: Higher vol narrow spread down bar close away from low
= minor demand
Price reaction levels:
Short on Test and Reject | Long on Test and Accept
14361 13740 13550 - 137440
12950 10710 - 11068
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Have a profitable trading week ahead.
NAS100USD: Market of Buyers
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too.
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(NAS100USD chart)
In order to continue the upward trend from a long-term perspective, it must rise above the HA-Low indicator on the 1M chart.
From a mid- to long-term perspective, it is located in the 12896.2-13418.8 section, which is the current volume profile section.
Therefore, in order to show a full-fledged upward trend, it is expected that it will be possible to rise above 13231.6-13480.9.
If that doesn't happen and it goes down, you should check for support near 12497.5.
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(SPX500USD chart)
The key is whether it can rise above 4116.0-4123.5 and whether it can rise above 4169.6 to receive support.
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(DXY chart)
The key is whether resistance can be found below 102.020, that is, below 101.494.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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NAS100 Possible rise to monthly resistanceInstruments : NAS100
Possible direction : Bullish
Technical Analysis : On the daily Price has just broken out of bull flat after liquidity grab, 4h has just grabbed liquidity from the support. Monthly and weekly long term bullish pattern may drive NAS100 to month resistance zone.
Possible trade recommendation : Bullish
Fundamental : Negative CPI has driven NAS100 to the upside
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NASDAQ TRADE IDEA + PPI%Hi everyone,
So here is my analysis for NASDAQ today - as we can see yesterday the CPI% was released and the stats were:Actual: Actual: 0.1% - Expected: 0.2% - Previous: 0.4% - natrually you would say stocks would have a positive reaction to this data, correct? Well indeed it did when the stats were released but it instantly reversed and market closed down lower than expected. I call this move a BULL TRAP - All though there was positive news, based off what the FED has to do to battle inflation as well as talks of a potential recession in the U.S.A. gave reasoning why investors would focus on shorting the market.
Same thing today for PPI - I expect a fake breakout up and then a reverse down taking stocks into last weeks range. Nice potential swing trade setup if we get into a good entry.
Be cautious today as there is a lot happening - apply proper risk management and don't see this opportunity as a winning lottery ticket, see it as an opportunity to compound on your current wins to grow into an even more profitable trader.
Nasdaq Breakdown Analysis 12/04/2023Dear traders Nasdaq was so crazy today it tried to escape from any zone so I expect Nasdaq if he breaks above 13023 and close bullish you should look for buy and if he breaks below 12955 and close bearish you should look for sell we should all be careful tomorrow we have billon cpi and. Fed so don’t go crazy
Take the good chance and good luck
Nasdaq -> Time To Go All InHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nasdaq is approaching a quite obvious weekly previous structure area exactly at the HKEX:13 ,500 area from which we could see a short term rejection.
You can also see that we are currently quite overextended towards the upside on the weekly timeframe so I am now just waiting for a deeper retest of the weekly zone and then a short term correction towards the downside.
On the daily timeframe you can see that price action recently is very bullish so I am now just waiting for another push towards the upside and then I am waiting for some bearish rejection to short Nas100.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Bullish Bias - Logical SequenceGoogle, Apple, Tesla, NVIDIA, Microsoft, & Meta:
All Big Sharks are indicating a Huge “Strong Buy” on the Moving Averages indicators on the 4 hour time frame.
What are these Moving Averages indicators that I am talking about?
1. Exponential Moving Average (10)
2. Simple Moving Average (10)
3. Exponential Moving Average (20)
4. Simple Moving Average (20)
5. Exponential Moving Average (30)
6. Simple Moving Average (30)
7. Exponential Moving Average (50)
8. Simple Moving Average (50)
9. Exponential Moving Average (100)
10. Simple Moving Average (100)
11. Exponential Moving Average (200)
12. Simple Moving Aver;
13. Ichimoku Base Line
With all that said, the FEDERAL reserve will not allow Banks to collapse by increasing interest rates. That’s not in the American Economic agenda and not negotiable, historically speaking.
+
The Federal reserve’s plan is started to show some results with the previous CPI reports coming with positive outcome.
All News + Indictors are Bullish, therefore no one can challenge or say otherwise unless another economic war takes place.
Bullish Bias remains valid with a TP at 13,550$
Nas100 shortNAS gave us the first signs of a pullback, it then reacted off the demand zone but failed to create a H.H and then broke the demand zone giving us a flip, market then swept some liquidity and eventually came up to the flight zone.
This zone to me is valid because:
1.it left behind an iMB
2.liquidity was built up below.
3. we have efficient price action above which indicates that price doesn't have to push higher.
lets see how this plays out as we have some USD NEWS this week.
Treasuries Slide, US Futures RiseTreasuries Slide, US Futures Rise on Mixed Jobs: Treasuries Set for a SuperSized Jobs Reaction on Good Friday.
+ Cash trading to close early after nonfarm payrolls report
+ Yields look 20% to 50% more volatile than normal sessions: PM
+ S&P 500 ended the four-day week with a slight decline
+ Equity markets mostly closed worldwide Friday for holidays
1.The release of key US jobs data on Good Friday risks making the Treasuries market reaction one-and-a-half times more volatile than it usually would be, according to JPMorgan Chase & Co. The US added 236,000 jobs in March, just beating the estimate.
2.Policy-sensitive Treasury notes fell and US stock futures advanced after the March jobs report did little to alter views on the Federal Reserve's next policy move.
3.US Hiring Moderates, Unemployment Falls in Mixed Signal for Fed.
+ US payrolls rose at a firm but more moderate pace last month as the unemployment rate fell, giving mixed signals to the Federal Reserve as it weighs a strong labor market against persistent inflation.
POLITICS:
UK Wants to Revive US Trade Talks When Biden Visits Ireland.
nas100 nasdaq indices nasusd100hello traders nas is setting froming it self for a possible upside can we catch of course it is just being patient to get into our area as far as you know what to look for no fomo no stress wait for session as conflence an execute manage your risk it is a number game good luck with your trading
Nasdaq to find support at previous highs?NASDAQ - 24h expiry - We look to Buy at 12829 (stop at 12694)
A Fibonacci confluence area is located at 13360.
Continued downward momentum from 13238 resulted in the pair posting net daily losses yesterday.
The move lower is mixed and volatile, common in corrective sequences.
Bespoke support is located at 12829.
Preferred trade is to buy on dips.
Our profit targets will be 13159 and 13249
Resistance: 13238 / 13360 / 13734
Support: 12829 / 12649 / 12483
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NICE AND SIMPLEComment below if you are seeing what I'm seeing.
We've been waiting for shorts for multiple reasons, finally we are getting some lovely rejection at resistance 13205 as well as a bearish pattern forming and a break in trend. I am expecting a sell off in our sell zone today to finally break this consolidation zone and take us to 12950.
whether it can break through the volume profile sectionHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(NAS100USD chart)
During the volatility period, it rose to the volume profiel section of 12896.2-13418.8.
It is expected that the trend will be determined by whether there is support or resistance in this area.
Therefore, if it rises, it is expected to continue the upward trend only when it rises above 13231.6-13480.9.
Conversely, it is expected to continue the downtrend only when it falls below 12716.0-12896.2.
If it rises above 13480.9, there is a possibility of a sharp uptrend.
If it falls below 12716.0, it is important to find support around 12497.5.
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(SPX500USD chart)
The key is whether it can rise above 4116.4123.5 and be supported.
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(DXY chart)
After the volatility period around April 3, it shows a decline below 102.020.
Therefore, the question is whether resistance can be found below 101.494.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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