NASDAQ Approaching the ultimate 4hour MA200 buy entryNasdaq / US100 is trading inside a Channel Up, which is currently on a pullback.
This correction is approaching the pattern's bottom which happens to be on the 4hour MA200. The last two such contacts have been buy opportunities.
Also the 4hour RSI is oversold at 30.00 and the last two times it was on this level, they were again buy opportunities.
Buy and target the upper Resistance at 22230.
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Nasdaq
MNQ!/NQ1! Day Trade Plan for 02/21/2025MNQ!/NQ1! Day Trade Plan for 02/21/2025
📈22225, 22275, 22320
📉22130, 22083.5, 22036
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*These levels are derived from comprehensive backtesting and research and a quantitative system demonstrating high accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
Today analysis for Nasdaq, Oil, and GoldNasdaq
The Nasdaq closed flat with a doji candle, facing resistance at previous highs. As mentioned yesterday, there was a possibility of a pullback to the 5-day moving average, and while the market did not fully correct to that level, it did consolidate and pull the 5-day MA higher, suggesting a preparatory phase for further upside.
On the daily chart, the MACD and signal line remain upward-facing, indicating that buying dips remains the preferred strategy. However, since trading volume remains relatively low and market flows appear mixed, it is advisable to take profits quickly when buying dips rather than holding for extended gains.
On the 240-minute chart, a sell signal has appeared at the highs, meaning that a pullback toward the upper boundary of the previous range is possible. Given the doji candle on the daily chart, traders should be cautious about chasing longs in the pre-market session. If the MACD turns downward, selling pressure could intensify.
That said, the MACD and signal line remain well above the zero line, suggesting that rebound attempts are likely. While the sell signal remains active, short positions should be managed with strict stop-loss levels.
Tonight, the FOMC meeting minutes will be released, so be mindful of potential volatility during the regular session and after-hours trading.
Crude Oil
Crude oil closed higher, testing $72 as resistance while forming a potential double-bottom pattern. The MACD on the daily chart is approaching a key decision point, where it will either bullishly cross above the signal line or turn lower again, determining the next directional move.
Since the signal line is near the zero level, the next buy or sell signal is likely to trigger a significant price move. Additionally, the ongoing Ukraine-Russia peace negotiations remain a key geopolitical risk factor, as any developments could lead to increased oil price volatility.
From a technical perspective, oil remains within a range-bound structure, making buying dips the most effective approach. A break below $70 would be a bearish signal, while sustained movement above $72 could confirm a breakout.
On the 240-minute chart, the MACD has moved above the zero line, lifting the signal line upward. While a short-term pullback is possible, as long as the MACD does not form a bearish crossover, buying pressure could strengthen further.
Gold
Gold closed higher, rebounding from previous levels. Yesterday’s price action confirmed that the MACD used the signal line as support and turned higher, reinforcing the bullish trend.
Since the MACD has not yet crossed below the signal line, the daily chart remains in a buy-biased structure, meaning that until a confirmed bearish crossover occurs, the market should still be approached with a buy-on-dip mindset.
However, if gold moves above its previous high but the MACD fails to exceed its previous peak, a bearish divergence could form, increasing the risk of a sharp correction. Traders should remain aware of this scenario and avoid chasing long positions at elevated levels.
On the 240-minute chart, the MACD has crossed above the signal line near the zero level, generating a strong upward wave. However, the market is approaching key resistance zones, and if another rally occurs, a bearish divergence could develop, reinforcing the need for cautious positioning.
Buying at major support levels remains the safest strategy, while avoiding breakout trades is advisable.
With the FOMC meeting minutes set for release tonight, overnight positions in gold should be managed carefully due to the potential for increased volatility.
Despite high market volatility, trends remain clear across different asset classes, making trading conditions manageable. Instead of attempting countertrend trades, focus on following the prevailing trend and capitalizing on structured setups.Wishing you a successful trading day!
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MNQ!/NQ1! Day Trade Plan for 02/20/2025MNQ!/NQ1! Day Trade Plan for 02/20/2025
📈22273.5, 22320
📉22130, 22083.5
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*These levels are derived from comprehensive backtesting and research and a quantitative system demonstrating high accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
NASDAQ Future long: after resitance broken, new support formed Current Analysis: Nasdaq futures are currently facing a critical support at 22100
I see the chance of a Bullish rebound:
Support Strength: This support was a resistance in past weeks, then it was broken on Feb 14th and act as support in last 3 days.
Additionally, from Dec. 17th to February 12th, price formed a triangle that was broken up on Feb.13th.
Expected Movement: If the price successfully breaks above 22100, I expect it to rally towards the $22400 area.
Action Plan:
Entry Point: entered long with limit order at 22100
Target: Set a target in the $22425 (high of December 17th)
Stop Loss: Place a stop loss at 21937.75, below minimum of Feb.20th and with Risk/Reward Ratio of 2.
Crypto Market Is Trying To Resume Its Bullish TrendBitcoin remains under intraday bullish pressure with room for more gains, especially if we consider that NASDAQ100 is still pointing higher. So, seems like risk-on sentiment is still here and we should be aware of a bigger recovery in the Crypto market, even because of the USdollar that shows strong bearish momentum. Crypto TOTAL market cap chart looks to have a completed wave (2) correction and it's actually just about to break channel resistance line which confirms that wave (3) is in progress. Can ALTcoins follow Bitcoin soon?
Today analysis for Nasdaq, Oil, and GoldNasdaq
The Nasdaq closed lower as Walmart’s earnings report raised concerns about slowing consumer demand. Today marks the weekly close, and since the weekly chart has not yet confirmed a buy signal, any downward movement in the MACD could increase the likelihood of further declines.
On the daily chart, the 10-day moving average is acting as support, aligning with the upper boundary of the February range. The MACD remains in a buy signal, but market flows are mixed, suggesting that choppy price action with alternating bullish and bearish candles could persist.
Until a strong breakout candle decisively clears previous highs, it is safer to treat the current market as range-bound. While the bullish bias remains, traders should monitor whether the daily MACD generates a sell signal, which could shift momentum in favor of sellers.
On the 240-minute chart, the MACD is declining sharply, indicating that buying pressure is weak. However, since the signal line is still above the zero line, a rebound attempt could emerge between 21,800 and 21,900. If the gap between the MACD and the signal line continues to widen, traders should avoid chasing long positions, even if a short-term bounce occurs.
Crude Oil
Crude oil closed higher, finding support near the $71 level. A buy signal has appeared on the daily chart, though it is not yet confirmed. The MACD and signal line have formed a golden cross, but today’s daily close will likely determine whether the buy signal holds.
If the buy signal remains valid, oil could be forming a double-bottom pattern, confirming a base before moving higher. However, given weekend geopolitical risks, holding positions over the weekend (overweekend exposure) should be approached with caution.
On the 240-minute chart, the MACD has pulled back toward the signal line before resuming an upward move, forming a wave 3 buying pattern. Since further upside momentum is possible, traders should focus on buying dips rather than chasing breakouts.
Gold
Gold closed higher after breaking above its previous high. On the daily chart, the MACD and signal line are closely aligned, meaning that if gold prints a bearish candle and breaks below the 10-day moving average, a bearish crossover (death cross) is likely.
Since the MACD and signal line are still at elevated levels above the zero line, any selloff is likely to be met with buying interest, keeping the market range-bound. However, if gold breaks below the lower boundary of the current range, a sharp sell-off could occur, making stop-loss management crucial for long positions.
On the 240-minute chart, gold has briefly broken above a triple-top formation before pulling back, forming a whipsaw pattern. This suggests that a further drop is likely.
If the MACD on the 240-minute chart crosses below the signal line, it could mark the start of a trend reversal, making this a key technical level to watch.
Overall, gold remains in a range-bound environment, but selling at highs is currently more favorable. If buying at support, stop-loss management is essential.
As we close out the weekly session, traders should focus on risk management and ensure safe trading strategies. Take the weekend to rest, recharge, and maintain a healthy balance between trading and personal life. Wishing you a successful trading day and a great weekend!
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2025-02-20 - priceactiontds - daily update - nasdaqGood Evening and I hope you are well.
comment: Interesting day ahead of us. Selling was strong but bulls retraced 70% of it already. If bears come around again and keep this a lower high below 22230, it would show some strength and we could expect another test of 22000. The daily chart looks much more bullish than bearish. Big tails below bars and all bars closing above their mid-point. We have also touched the bull trend line above the daily 20ema. If anything I have a long bias but due to Opex I tend to lean neutral for tomorrow.
current market cycle: trading range
key levels: 22000 - 22500
bull case: Another dip another bad follow-through. Bulls buy it all and they have all the arguments on their side. They bought where they had to and we now have a decent two-legged pull-back to the bull trend line. Market is free to melt higher but tomorrow is opex and I fare best when I lean neutral on those days and trade less.
Invalidation is below 21900.
bear case: Bears can generate enough selling pressure to go down hard but as soon as the momentum is gone, so are the bears and market just reverses. I doubt bears can keep this a lower high and continue inside the bear channel. If they do, a weekly close below 22k would be amazing for them. That is the only target I have for them for tomorrow because I can’t imagine this going below 21900. Above 22200 bears just have to cover and we could accelerate upwards.
Invalidation is above 22230.
short term: Neutral. No bigger opinion on who wins this tomorrow. Both have reasonable arguments and we are inside the big bull channel and now also inside a bear channel. I wait for strong momentum again.
medium-long term - Update from 2024-02-16: Bulls are on their way of making a new ath again. So no bearish thoughts until market character changes dramatically again. I can see this going up to 23000 but not beyond. No bigger opinion on a medium-term outlook for this.
trade of the day: Buying 22k. Was close enough to the bull trend line, daily 20ema and bears found no acceptance below it.
GOLD Looks Like A Giant Bull Trap Price To Fall DramaticallyThis move in gold has been nice but I think its almost over. This was a giant bull trap in my opinion. Over the next few years I see Gold coming down to the bottom trend line then longer term probably below $1000 after it breaks the rising wedge.
I think the Golden Age of America is a real thing. Cheaper energy, more advanced ways of mining, new large gold deposits will be found. Gold will always be relevant but will never be used as money again. No real need for it other than industrial uses. Eventually we'll be able to manufacture gold, silver, and pretty much any other metal and there wont be a need for mining anymore. We're moving forward not backwards.
Best of luck my friends, none of this is financial advice.
NQ Futures My Next Level too Long NQ in The Leap competition Some analysis on the NQ with a focus on Price action being up at all time highs. In the video I highlight the importance of having patience and taking the best high probability trades . FOMO in at the top is suicide and so is shorting blind . I provide a potential level with several confluences and a potential new ATH target .
IF you read this far then Please Boost my chart for more setups Ty
NASDAQ: Opening selloff is a buy opportunity.Nasdaq remains bullish on its 1D technical outlook (RSI = 60.351, MACD = 161.240, ADX = 29.408) despite today's selling early into the session. This indicates that relative to the bullish long term trend, this correction is a buy opportunity, especially as the index hit its 4H MA50. This happens to be at the bottom of the 20day Channel Up, a pattern potentially identical to the December 10th low of the Channel Up. We are long, expecting a new +3.80% rise (TP = 22,700).
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SHORT ON NAS100Nas has been failing to break highs.
Highs continue to get Lower coming from a major resistance area.
Telsa, Amazon and others facing back lash for many political reasons. (negative)
I will be selling nas before unemployment news today that expect more people to be unemployed. (negative)
News could set this trade on Fire to the downside.
Datadog: S&P 500 Candidate?! Key Levels to Watch Now!Hi there,
When we talk about the most respected stocks in the market, getting added to the S&P 500 index is a big milestone for any company. It’s not just a status symbol—it’s an event that can push the stock price higher as funds and investors rush to buy it.
Datadog (DDOG) is one of the potential candidates , so let’s analyze what the price action is telling us.
Technical Breakdown:
Right now, Datadog stock is testing a key support level of around $130. This price level has acted as both resistance and support in the past, and in November last year, the stock broke above it. Now, it has come back to retest this level, possibly looking for a base before making its next move.
If $130 holds as support, and the company’s fundamentals remain strong, this could be a solid entry point for buyers.
A secondary support zone to watch is near $100, about 25% lower than the current price. This level has seen big price movements before, meaning there could be strong interest from traders and investors if the stock drops there.
As legendary investor Peter Lynch once said:
"If you sell instead of buying when a stock drops 25%, you won’t achieve long-term profits in stocks."
This idea is also the foundation of my approach – what to do when the price drops? Am I ready to buy more at lower prices? If the answer is something like “probably not,” “not sure,” etc., then it’s worth considering whether it’s even worth buying in the first place!
Plans for different types of investors:
Short-Term Investors: If you’re looking for a quick trade, you might want to wait for a dip to $100, where a stronger bounce could happen. Buying from current prices can be a bit risky considering short-term horizons.
Long-Term Investors: If you believe in Datadog’s continued growth, the $130 level might already be a good spot to start buying. But be ready to buy more if the price drops further.
Final Thoughts:
Datadog is a fast-growing company with strong fundamentals, but the stock also has a high valuation and faces competition. As always, do your own research and make sure your investment strategy fits your risk level and goals.
Cheers,
Vaido
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Why the Dow Jones might close its gap with S&P and NasdaqThe S&P 500 and Nasdaq have once again reached record high, leaving the Dow Jones for dust in its choppy consolidation. But I think we're now facing a relative shift in their performance, which could see the Dow lead the way and close its gap with its Wall Street Peers.
Matt Simpson, Market Analyst at City Index and Forex.com
Today analysis for Nasdaq, Oil, and GoldNasdaq
The Nasdaq closed higher within its range, finding support at the 5-day moving average. While the daily buy signal remains intact, the market showed some corrective movement following yesterday’s doji candle, with selling pressure continuing on the lower time frames.
As the index approaches previous highs, profit-taking is occurring, leading to a temporary consolidation phase. Market flows remain mixed, which could make it difficult for the Nasdaq to break through resistance decisively. However, as long as the index continues to hold the 5-day MA, the potential for a continued rally remains.
On the 240-minute chart, the sell signal remains active, and the market is consolidating within a range. Since the MACD and signal line remain above the zero line, further upside attempts are likely.
For now, a range-trading strategy—buying near support and selling near resistance—remains the most effective approach.
Crude Oil
Crude oil closed higher, breaking above the $72 level. On the daily chart, the MACD has not yet confirmed a bullish crossover, making it too early to fully confirm an uptrend.
Although oil has formed a double-bottom pattern, market flows remain mixed, and since the MACD and signal line are converging near the zero level, a strong breakout or breakdown could occur soon. Given that the weekly MACD remains in an uptrend, buying dips remains the preferred strategy.
On the 240-minute chart, the MACD and signal line have both moved above the zero line, confirming strong buying momentum. If oil breaks above the neckline at $73, a strong bullish move could follow. However, if the market fails to hold above $73, it could settle into a range-bound structure.
For now, buying on dips remains the most favorable strategy, but traders should be cautious, as today’s crude oil inventory report could introduce significant volatility.
Gold
Gold failed to break above its previous high, closing lower. The market remains in a range-bound structure, with the MACD initially turning upward but now shifting back toward the signal line.
If the MACD forms a bearish crossover, gold is likely to remain in a consolidation phase, and the next key question will be whether gold finds support at the 20-day moving average or moves even lower to test previous breakout levels.
On the 240-minute chart, the MACD is pulling back toward the signal line, showing signs of weakening momentum. Additionally, the market appears to be forming a triple-top (head-and-shoulders) pattern, meaning that if the neckline breaks, a further decline could follow.
Given these conditions, the best approach is to trade within the current range, favoring selling near highs while only considering long positions at key support levels.
Stay disciplined, manage risk carefully, and have a successful trading day! 🚀
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MNQ!/NQ1! Day Trade Plan for 02/19/25MNQ!/NQ1! Day Trade Plan for 02/19/25
📈22225, 22320
📉22130, 22106
Like and share for more daily ES/NQ levels 🤓📈📉🎯💰
*These levels are derived from comprehensive backtesting and research and a quantitative system demonstrating high accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
Arista Networks Dips 4% Premarket Despite Strong Q4 FinancialsArista Networks (NASDAQ: NYSE:ANET ) saw a 4% dip in premarket trading despite delivering better-than-expected revenue and earnings in its latest quarterly report. The stock's recent movement raises questions about market sentiment and potential buying opportunities.
Strong Revenue and Earnings Growth
Arista Networks, a leader in cloud networking, reported a fourth-quarter revenue of $1.93 billion, reflecting a 7% year-over-year increase. This beat analyst estimates and demonstrated the company’s ability to sustain growth even amid economic uncertainty.
Net earnings surged to $830.1 million (65 cents per share), compared to $664.3 million (52 cents per share) in the prior year. These strong financials reflect Arista’s continued dominance in the cloud networking industry, particularly as it pushes further into AI-driven initiatives.
Additionally, Arista Networks provided an optimistic forecast for the first quarter of 2024, expecting revenue between $1.93 billion and $1.97 billion, surpassing analysts' expectations. This suggests that despite short-term price volatility, the company’s long-term growth remains intact.
Market Sentiment and Analyst Ratings
Despite the positive earnings report, NYSE:ANET faced early selling pressure. However, analysts remain bullish on the stock, with an average "Buy" rating from 15 analysts. The 12-month price forecast stands at $108.38, representing a slight downside of -3.12% from the latest price, indicating that the market might already be factoring in Arista’s growth potential.
Technical Analysis
From a technical perspective, NYSE:ANET ’s premarket drop of 4.11% has placed its Relative Strength Index (RSI) at 47, signaling that the stock is approaching oversold territory but not yet at extreme levels.
Currently, the stock is trading above key moving averages (MA), suggesting that the broader uptrend remains intact. However, the dip brings NYSE:ANET close to its one-month low, a temporary support level that traders should watch closely. If selling pressure continues, a break below this level could lead to further downside.
That said, this retracement could also be a strategic move to sweep liquidity and attract demand for a potential rebound. Investors should watch for price stabilization and confirmation of renewed buying interest before making any decisive moves.
Conclusion
Despite the early sell-off, Arista Networks’ strong fundamentals, growing revenue, and positive long-term outlook position it as a solid investment choice. The recent dip may be an opportunity for traders to capitalize on a short-term pullback before the stock resumes its upward trajectory. As always, monitoring key technical levels and broader market trends will be crucial in assessing NYSE:ANET ’s next move.
BILI Projects to $100Bilibili Inc. is a leading provider of online entertainment tailored for the youth of the People's Republic of China. The company boasts a diverse array of digital offerings, including professionally produced user-generated videos, mobile gaming experiences, and enhanced services like live streaming, occupationally created videos, audio dramas on Maoer, and comics available through Bilibili Comic. Additionally, Bilibili offers advertising solutions, IP derivatives, and various other services. The company is also involved in business and technology development, e-commerce, and the distribution of videos, comics, and games. Established in 2009, Bilibili Inc. is based in Shanghai, China.
Bilibili is currently priced at $20.81, indicating it may be undervalued according to discounted cash flow analysis, which suggests a fair value of $28.84. Although there has been notable insider selling recently, the stock remains 28% below its estimated fair value and is projected to achieve profitability within the next three years, surpassing average market growth rates. While the anticipated revenue growth of 10.2% per year is not as robust as one might hope, it still outpaces the overall US market's growth rate of 8.9%.
Riding Wave 5: Is $700 Just Around the Corner?Hey Realistic Traders, Will META Bullish Bias Continue ? Let’s Dive In....
In the Daily timeframe, META rebounded above the 38.2% Fibonacci level, marking the completion of wave 4. Within this wave, a Descending broadening wedge pattern was formed. Recently the price has broken out of the pattern. This breakout was further confirmed by a bullish MACD crossover, signaling increasing momentum and strengthening the case for a continued upward move.
Based on these technical signals, I foresee a potential upward movement toward the first target at $638. After reaching this level, a minor pullback is likely before the rally continues toward a new high at $700.
This outlook remains valid as long as the price holds above the stop-loss level at 550.00.
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Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on META.