NAS100$NAS100USD After looking at QQQ and it breaking through the "Gap Fill" to the upside and the DXY being weak i'm looking for NAS100 to also continue to move to the upside.
My bias is long.
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US NAS 100
Nasdaq -> Time To Start The RallyHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 is looking insanely bullish. We just recently created a weekly double bottom and already broke above the neckline, confirming this whole pattern.
You can also see that we are already starting the continuation towards the upside, in my opinion there is a quite high chance that we already saw the bottom of the bear market so from here I just do expect more continuation towards the upside.
On the daily timeframe you can see that Nas100 just recently also created a daily double bottom so I am now just waiting for a retest of the neckline and then also the next push on the daily timeframe.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
US100 Long for Monday Good Day traders. So as the week passes by with a nice bull move of 7.20% for the week, i am still looking at a long Bullish move to our zone 2 or past it to the high of our fib. We might still see a retracement back to my zone 1 where we see a clear previous support and resistance level. If this support is rejected i will be looking for buys if it has a breakout then i will be waiting for the retest of resistance and i would then be looking to go short. But overall i think we are looking bullish.
NQ1! NAS100 NASDAQ 2023 Mar 20 WEEK
NQ1! NAS100 NASDAQ 2023 Mar 20 WEEK
The daily Ultra Lo Volume down bar and support at 11930
provided good meat for week of 13 March.
Market finally broke through 12418 and is near supply zone
12810-12950. Let's see how price reacts to this level.
Possible scenarios:
1) Possible formation of rotation 12950-11930 =
trade at boundary of zone
2) Long on retracement
3) False break of 12950 for short
Volume Analysis:
Weekly = High vol up bar close off high = minor weakness
Daily: Ave volume S>D bar into an area of previous resistance
Price reaction levels:
Short on Test and Reject | Long on Test and Accept
14361 13587 12950
12950 11930
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Have a profitable trading week ahead.
Bar Pattern Rhymes History doesn't repeat, but it rhymes... I copied the bar pattern twice and pasted it for a general bearish plot. May see a relief bounce Friday, but I suspect more down follows next week.
Any large deviation would invalidate it. These fractals, & plots in general, tend to get less accurate the further out they run.
I didn't short based off of this alone, but fractal patterns are fun to watch and useful for noticing trend deviation.
Still on a downward trend in the big pictureHello?
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(NAS100USD chart)
After going through a period of volatility, it eventually showed a decline.
The 11988.2 point is the HA-High indicator point on the 1W chart, so if the price rises above this point and maintains the price, it is expected to continue its mid- to long-term upward trend.
If not, you need to make sure you get support around section 3, 11366.9-11578.2.
However, if the HA-Low indicator on the 1D chart moves and is created, it is important whether it is supported near that point.
The big trend is in the downtrend, as seen on the 1M chart.
To break out of this downtrend, the price needs to stay above the HA-Low indicator on the 1M chart.
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(SPX500USD chart)
To turn into a short-term uptrend, the price must rise above the HA-Low indicator on the 1D chart.
So, either it rises above 3987.7 or it has to be shaken and the HA-Low indicator goes down.
If it fails, you should check for support around 3774.9, the point of the HA-Low indicator on the 1W chart.
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(DXY chart)
Bollinger bands are starting to converge.
Therefore, whether there is a movement out of the 102.020-105.873 section has become an important issue.
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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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US100 NASDAQ Technical Analysis and Trade IdeaIn this video, we take a close look at the US100 NASDAQ. We can see that it has traded into a significant resistance level. Below, there is a price gap and sell-side liquidity in the form of stop losses, which could potentially attract bigger players. During the video, we discuss the NAS100 trend analysis, price action, market structure, price gaps, and touch on a potential trade opportunity.
NASDAQ UPDATEThis is an update of the previous analysis. The price reached the offer zone, never confirmed entry in 5m, and with the volume of 09:30 NY and the news of the Prelim UoM Consumer Sentiment. The price eliminated the zone, taking liquidity from it and then distributed below the low, breaking structural points. After breaking the zone I expected a confirmation in 5 m to take shorts but he never gave it. He left a valid zone of 30 minutes in which he can test before the market closes or in any case perhaps for next week.
If you liked it, help me by leaving a boost and a comment telling me what you think.
NASDAQIn nasdaq, the price eliminated a supply zone and reached another zone, therefore for my operation this is a prime setup. The price made a change in structure and I would be looking for shorts in this area, which is valid according to my plan.
I would expect confirmation in smaller Tf such as: 5m.
If you liked it, I invite you to leave a comment and an impulse. My social networks are in my profile in case you like to stop by there.
NAS100 remains bullish and bulls are matching higher!Hello traders,
Nas100 is moving according to how I predicted in my previous ideas. Finally today, the index broke above the falling wedge. At this point, I predict a strong impulse to the upside and bulls may first target the February 2023 high of 12883 and possible reach to the August 2022 high of 13700. We also need to take in consideration that the index printed a triple bottom on higher timeframe and this needs fulfillment. It's also important to keep in mind that the market can change structure especially when we are faced with Fed rate hike in few days. With that in mind we want to carefully observe how the market will react to this event next week and adapt accordingly when we see a change in price action. Otherwise, as I stated it in my previous ideas, I am very optimistic with the bullish momentum and bulls may want to use this moment to flex their muscles.
On higher timeframe, I noticed a formation of a triple bottom as shown on the snapshot below. The index broke the neckline, we saw the retest of it and bounced up strongly from the zone.
13 March 2023 Idea (Link below)
14 March 2023 Idea (Link below)
Have any thought or different view on the index? Be kind to share your opinion in the comment section below.
Trade smart!
US100 SELLHello . There is a high probability of falling. NASDAQ market. With the formation of a very negative candle in the four-hour timeframe. And it is a downward flag. With a very strong correction on the golden ratio of Fibonacc : Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
Nas100 H1Good day everyone . Took a day off yesterday to monitor the balance of market after NFP I'm happy with thr results.
This trade idea of a short position is well planned and confirmed on the daily chart . We have a big liquidity sweep that's need to be taken on out . So please take this trade cautiously.
Targe of this trade setup is to catch 450points , it'll be a swing trade . Let's trade smart
NASDAQ potential bearish setup?NASDAQ is seeing price reverse off a 12253 resistance level which is a strong overlap resistance. The bearish momentum we're seeing (lower highs) is also suggesting that we're in a bearish trend.
A reversal from here could see prices drop down to test the recent multi-swing low level of 10663.
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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!
NASDAQ for a lower low 🦐NASDAQ on the 4h chart after the clear triple top below the daily resistance started a lower low lower high move.
The recent test of the 0.618 Fibonacci level and retest of the previous support now turned resistance can be a sign of the shift in momentum.
This can confirm that in the short term the bears are in control and the break of the current support could push the price lower with an increase pressure of the selling power.
We will wait for a clear break of the support and in that case i will consider a nice short order according to the Plancton's strategy rules.
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.
Nasdaq -> Ready For The BullrunHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 is currently retesting a quite obvious weekly support/resistance area which is turned very strong support once again.
You can also see that we recently broke above a down-trendline, created a double bottom and had a bullish ema-crossover, which are all very bullish signs, so from a weekly perspective I just do expect the continuation towards the upside.
On the daily timeframe however you can see that we are currently creating bearish market structure, so I am now just waiting for a bullish break and retest of the next resistance zone, before then also the daily timeframe looks quite promising for the next rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset: