Nasdaq
NAS100 - Nasdaq will reach above 21,000?!The index is located between EMA200 and EMA50 in the 4H timeframe and is trading in its ascending channel. If the index rises towards the two specified supply zones, you can look for NASDAQ sell positions with the appropriate risk reward. Nasdaq's buying position is in the demand zone after the continuation of the corrective movement, and considering the downward sentiment at the end of the week, it should be saved quickly.
China’s Export Restrictions and Their Impact on Global Supply Chains
• China Tightens Export Controls:
Starting December 1, China will implement new regulations to tighten export restrictions on critical metals and raw materials, including tungsten, graphite, magnesium, and aluminum alloys, essential for the technology sector.
• China’s Objectives:
These measures are part of a broader strategy to manage sensitive exports and protect national interests.
• Global Market Impact:
The new restrictions are expected to disrupt global technology supply chains and introduce volatility in related markets.
Zelensky’s Perspective on Trump’s Presidency
• Zelensky’s Comments:
Ukrainian President Volodymyr Zelensky stated that the war in Ukraine could end sooner if Donald Trump returns to the White House.
• Constructive Interaction with Trump:
Zelensky emphasized that Ukraine successfully communicated its vision for peace to Trump, and he observed no opposition from Trump regarding Ukraine’s stance.
• Implications of Zelensky’s Remarks:
These comments reflect Ukraine’s hope for continued international support to expedite the resolution of the conflict.
US Economic Forecasts
• Q3 Earnings Reports from Major Companies:
This week, companies such as NVIDIA and TARGET will release their third-quarter (Q3) earnings reports.
• Federal Reserve Rate Cuts:
Rick Rieder, Chief Investment Officer at BlackRock, predicts that the Federal Open Market Committee (FOMC) will cut interest rates by 25 basis points in December.
• The current Federal Funds rate range is 4.5% to 4.75%, which Rieder considers restrictive.
• Following the December cut, the Fed is expected to pause temporarily to reassess future adjustments.
Jerome Powell’s Statements and Market Reactions
• Powell on a Strong US Economy:
Federal Reserve Chair Jerome Powell highlighted the robust performance of the US economy, stating there is no urgency to lower interest rates.
• Cautious Approach to Rate Cuts:
Powell stressed that decisions should be made carefully due to uncertainties surrounding the neutral rate level.
• Market Reaction:
These statements reduced market expectations for a rate cut in December.
Intuitive Machines (LUNR) Investment Analysis Company Overview: Intuitive Machines NASDAQ:LUNR has made a significant mark in the space exploration sector with a successful lunar landing using its Nova-C lander, becoming the first U.S. commercial entity to achieve this milestone. This accomplishment showcases the company's technological prowess and positions it as a leader among private firms in the emerging space economy.
Key Growth Drivers:
Historic Lunar Landing with Nova-C Lander:
The successful Nova-C lunar landing has boosted Intuitive Machines' credibility, highlighting its capabilities in executing complex space missions. This achievement paves the way for further opportunities, especially in the context of increasing global interest in lunar exploration.
The feat has caught the attention of key stakeholders, including NASA, which may lead to new contracts and partnerships, enhancing revenue prospects and visibility in the industry.
Increased NASA Interest and Potential Artemis Program Involvement:
Following the historic landing, Intuitive Machines has seen growing interest from NASA, which may consider the company for upcoming missions under the Artemis program aimed at returning humans to the Moon.
Securing contracts as part of Artemis or other NASA initiatives would provide consistent revenue streams and solidify the company's role as a trusted partner in U.S. space exploration efforts.
Proprietary Technologies and Competitive Edge:
Intuitive Machines offers advanced proprietary technologies such as the Lunar Data Network and lunar GPS, which are crucial for navigation and communication on the Moon's surface.
These innovations not only give the company a competitive advantage but also open doors for new services and collaborations with other space industry players, potentially generating additional revenue streams.
Technical Analysis and Investment Outlook:
Current Price Level: We are bullish on Intuitive Machines (LUNR) above the $9.00-$9.50 range. This level indicates investor confidence in the company's growth potential, especially following its recent achievements.
Upside Potential: Our upside target for LUNR is $18.00-$20.00, reflecting the company's strong position in the space sector and the potential for new, high-profile contracts.
Support Levels: Strong support is observed near $7.50-$8.00, providing a cushion against potential market volatility.
Catalysts to Watch: Keep an eye on updates regarding new contracts or partnerships, particularly those involving NASA or collaborations within the Artemis program, as these could serve as key catalysts for further gains.
🚀 Intuitive Machines—Pioneering Commercial Lunar Exploration! #SpaceTech #LunarMissions #NovaC #ArtemisProgram
Weekly Forex Forecast Nov. 18 - 22: SP500, NAS, DOW, GOLDThis is the Weekly Forex Forecast for Nov 18 -22nd.
The Big 3 Indexes started to pullback last week from there elections fueled rallies. Patience is required, as we look for confirmations of a market shift from bullish to bearish.
Gold also retraced last week, and may may struggle against a surging USD. Patience here will benefit traders, as we wait until the market tips its hand.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
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NASDAQ Next weekPrice Running between Ascending channel and already
touches upper border and clear bos there
i expect price will fall down till bellow trend line
that is strong trend line in 4 Hour
However we have 2 scenarios. if price broken the below trend line
will fall to below imbalance around 19000 level. That means down border of channel
If price got bullish rejection near trend line price will rise around 2100 - 2200 areas.
waing to bullish or bearish confirmation and execute your trade. good luck
nasdaq to 20k?!good evening,
---
consider this post somewhat fictional for now, created more for entertainment purposes, but i want you to know that there are some serious data points which i'm going to bring up to build the case that the stock market has found a long term bottom.
---
~our monthly indicator is finally oversold for the first time since 2009 market low and is on the verge of crossing bullish.
~nasdaq is backtesting the monthly ichimoku cloud.
~0.382 cycle wave 4 target hit through a very complex correction .
~the monthly rsi has confirmed a hidden bear.
~the us dollar found a top and is headed down to about 80 bucks over this next year.
~us10y, topped out.
~fed might run out of money if they continue to press the markets.
~fear is at all time high.
~retail short positions are at all time high.
~and i'm buying everything.
---
the cycle w5 target on nasdaq sits at $20,000 and we could be in the early stages of beginning that ascension.
---
ps. take my words with a total grain of salt, as i could be very much dreaming here.
ps2. in my last big nasdaq post, i called the top, but was early by a few months. it also went a bit higher, so if i adjust the target with the current data, we have reached the 4th wave target successfully.
✌
GBPUSD FALLINGStill going down after already a huge drawdown ;
the blue lines are the main recent interesting KL, reaching it one by one, slightly bouncing then still going down seems like the next move ;
but it s the same as fibonacci, it might bounce harder on one and even change the whole trend to a new uptrend.
CHANGE OF DIRECTION FOR EURUSDAt first we thought it would keep going up, but it broke an important line on Friday before closing, which tends to show it keeps the bearish position ;
not sure about that tbh, but it seems too early to call a bearish trend for this pair, even though it might happen at some point soon ;
the next KL, LL and key lines will tell us if we're right or no.
BTC LATEWe thought it would go back up right now, but it turns out it made an unexpected line cutting (white cut line) ;
it s going towards the next LL KL, hitting some key points then going back up pretty quick before wednesday ;
it is now a smooth drawdown pattern, where it falls smoothly and calmly before hitting one big red candle.
BLOCK INC $SQ #SQ Inverse head and shoulders could see $200In the fast-paced trading scene, the inverse head-and-shoulders pattern is a key sign for spotting bullish reversals. This pattern features three distinct dips: a lower "head" nestled between two higher "shoulders." When the price breaks above the "neckline," it hints at a possible change from a downtrend to an uptrend.
Traders usually jump in at this breakout point, placing stop-loss orders just below the right shoulder. They also rely on technical indicators like moving averages, the Relative Strength Index (RSI), and the Moving Average Convergence Divergence (MACD) for extra confirmation, creating a well-rounded strategy to seize these trading chances.
Key Takeaways
The inverse head and shoulders pattern is just the upside-down version of the regular head and shoulders.
It can help forecast reversals during downtrends.
Once this pattern is complete, it indicates a bull market ahead.
Investors often take a long position when the price surpasses the neckline resistance.
CARS.COM LIKELY TO PERFORM WELL IN TECH SECTORIn the Software industry under Technology sector, CARS.COM technically, the stock has been
gathering bullish momentum, a pullback to its demand zone is what is left.
N.B!
- CARS price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#CARS
#NYSE
#NASDAQ
#SP500
DESPITE Q3 LOSS, AST SPACEMOBILE REMAINS A BUYThe level between 19.30 - 23 looks strong for ASTS, holding price since late September; and with Q3 loss declared by the company, the price still got rejected at this level. There is high possibility that buyers are accumulating at this mentioned level. Will ASTS witness upward movement in coming weeks. A price close below 17 is not favourable!
N.B!
- ASTS price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#ASTS
#NASDAQ
#SP500
NASDAQ Strong Bullish Momentum ContinuesHey Traders, in tomorrow's trading session we are monitoring NAS100 for a buying opportunity around 20200 zone, NASDAQ is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 20200 support and resistance area.
Trade safe, Joe.
Weekly Leading Indicators: BEARISHManaged to streamline down to these couple of charts for a set of leading indicators. Simple trend analysis and techincals are being used here for Weekly charts and so weekly analysis is appropriate to set the stage for a top down view.
First up (on the top right corner) is the Combined US equities chart that shows a strong marubozu the previous week (from elections outcome). However, the following week was not a confirmation, but instead casts doubt on the sustainability of the spike to rally on.
Point being, the massive breakout is met with a Dark Cloud Cover that breaks back into the Decision Box (purple box) which was previously marked out for the consolidation range boundaries. Typically when a breakout is followed by a breakin, it tends to follow through to the other end... a break down from the box support. Yellow circle is where it should go through or bounce at.
What gives on this is that the following Leading indicators are eluding to...
SG10Y Govt Bond Yields
The uncanny correlation of this to the US Equities Indexes is remarkable and have been a hallmark of my recent posts and analyses. Here we have a breakout of the trendline resistance. Means equity markets are going Bear.
RED Flag
High Yield Bonds ETF (JNK)
JNK looks to break the uptrend trailstop line, with a lower high that now has a Dark Cloud Cover as well.
AMBER Flag
TIPS and TLT
Both have broken uptrend trailstops and are downtrending with a recent low. These are well known market leading indicators.
RED Flags
Semiconductor ETF (SOXL)
Noted, and personal favourite, SOXL is clearly bearish from simple candlestick patterns.
RED Flag
So, overall, we have Leads telling us it is BEARISH again.
Heads up!
QQQ - Breakout or Fakeout?Finally, some action after a very boring month or so of being range bound. The lack of a contested election provided a major boost to tech the last two days :) Now, the question is if this rally is a true breakout above the trading channel that has confined QQQ for most of the last 14 years or so (minus the COVID bubble) or if it is just a fake out.
GBPCAD RE TESTINGThe potential downtrend in the GBP/CAD currency pair may be influenced by several critical factors. The Bank of Canada's relatively hawkish monetary stance, supported by strong economic data, contrasts with the Bank of England's cautious approach due to slowing UK economic growth. Declining global oil prices could limit the downside for the Canadian dollar, as Canada is a major oil exporter. On the technical side, GBP/CAD has recently tested key support levels, and failure to hold these levels may signal further bearish momentum.
EURCAD GONE !The EUR/CAD currency pair has recently shown an upward trend driven by divergent monetary policies, with the European Central Bank maintaining a hawkish stance while the Bank of Canada adopts a more cautious approach, increasing euro demand. Declines in oil prices have weakened the Canadian dollar, given Canada's reliance on oil exports. Technical indicators reveal breaches of key resistance levels, signaling sustained bullish momentum. Traders should monitor economic data, oil price trends, and central bank communications closely to adjust their strategies accordingly.
USDCHF HEAD AND SHOULDERSThe USD/CHF currency pair has recently exhibited a downward trend, driven by several key factors. Macroeconomic uncertainties, including global economic slowdown and geopolitical tensions, have increased demand for safe-haven assets like the Swiss franc, putting downward pressure on the pair. Divergent monetary policies, with the Federal Reserve maintaining a hawkish stance while the Swiss National Bank adopts a more neutral approach, further contribute to the pair's decline. Technical indicators also suggest bearish momentum, with breaches of significant support levels and potential moves below key moving averages. Traders should closely monitor economic data and central bank communications to inform their strategies.
+ head and shoulders = going down
GBPUSD FREE FALLThe GBP/USD currency pair has recently exhibited a downward trend, driven by macroeconomic uncertainties such as geopolitical tensions and global growth concerns, leading investors to favor the U.S. dollar as a safe haven. Divergent monetary policies, with the Federal Reserve maintaining a hawkish stance and the Bank of England adopting a more cautious approach, have further pressured the pair. Technical indicators show breaches of key support levels like 1.2842, signaling a continuation of the bearish trend. Traders should closely monitor economic data and central bank communications to adapt their strategies.
NEW NASDAQ ROUTEThe potential drop in the NASDAQ in the coming days could be driven by several key factors. First, macroeconomic uncertainties, including geopolitical tensions or the persistence of high interest rates, could increase market volatility. Additionally, recent disappointing quarterly earnings from major tech companies, which are often heavily weighted in the index, add downward pressure. Lastly, technical signals such as the breach of critical support levels or a decline below the 50-day moving average could trigger accelerated sell-offs. Investors should closely monitor these indicators to assess risks and adjust their portfolios accordingly.
EURUSD NEXT MOVEAfter a downtrend, the fundamental lines of this asset tend to show, as BTC, a new bearish position ready to launch ;
however the downtrend might still attract the price down, causing more of a zigzag kinda pattern, only time will tell ;
these arrows show the change of direction the price is taking about now.