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Nasdaq100

N1DAILY 18346, is our beautiful price of interest. We peak above and just below it. There it is a point where we will determine our next move. 18000, being the bounce price and now we are heading to our price of interest. We are anticipating a high yield tomorrow but we are not certain it won't fake out few times before the certain direction. 4H Double bottom and finally price has brought itself up to where the previous strong impulsive candle started, 18255. Which shows just how strong the bears pushed the bulls over the hill. Stay watching and waiting. 1H High highs and high lows but now we get around 18250 and we slow down again (resistance), we possibly could just melt again here before coming back up. Candles as well have short bodies and short wicks, indicating a high reversal chance. -Nas consolidation does not usually last long because there is volumes of volatility always. 15Min Break of 18210, I will look for sell opportunities
PEPPERSTONE:NAS100
by Mhangwane1
End of five waves! Or a higher wave? Then correctionDear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it. I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision. I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily. I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him. Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, Mr. Nobody
EIGHTCAP:NDQ100Long
by mehdi47abbasi79
Weekly outlook (Bullish market 5-3-5-3-5) long-termDear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it. I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision. I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily. I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him. Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, Mr. Nobody
CME_MINI:NQ1!Long
by mehdi47abbasi79
Dow Jones Industrial Averages Weekly Technical Analysis(1) We have witnessed a sharp fall from 29,500 level in Feb’20. This was almost 38% fall from the top. Market had gone in a oversold zone. (2) Around 18,300 level, price found a support and bounced back from this level. (3) With an upside rally, price managed to breakout its previous resistance. (4) After the breakout, we have seen a sharp upside rally further and the price reached at 36,950 level. (5) A corrective decline has been seen from there and the price started making lower highs and lower lows at reached to 28,800 level. (6) Price again bounced back from there and gave a upside move. (7) In this entire consolidation phase, a Cup & Handle chart pattern has been formed, which gave us positive indication. (8) With a strong breakout of the Cup & Handle pattern, price started its journey upside. (9) Currently the price is standing near its All Time High. More upside move is expected from here.
TVC:DJI
by NaranjCapital
Technical Analysis of Nasdaq 100 Index in 1 Hour Time Frame(1) In hourly time frame, we can observe that the price was moving through a parallel channel in upward direction. (2) From upside, 18,400 level is performing as a strong resistance and the price couldn’t sustain above this level. (3) 17,800 level is an immediate support for the price as the price has taken support in here for multiple times. (4) Recently with a gap down, price is currently trading below its trend line support level. (5) There is a possible chance that the price again can come to its support zone and bounce back from here.
NASDAQ:NDX
by NaranjCapital
N1WEEKLY Highest high, peak, top price. 18467, we bouncing around these areas and that is indication of more bulls to come. For now it's first a matter of getting momentum to go. DAILY 18300 being the strong level of rejection with wicks all over the place is signs of reversals we would anticipate them going down and falling hard. 4H Aiming down, possibly to 17900. But it's not conclusive as all the slowing down (wicks, spinning tops, dojis) all show reversals of current price and rejection so we'll wait. 1H Bounce of 18180 will give us the idea we need for the next move. 15Min Bad trade idea so rather stay waiting
PEPPERSTONE:NAS100
by Mhangwane1
NASDAQ Aiming Higher: New Upward Rally Continues!NASDAQ maintains its upward trajectory, continuing its ascent in a new rally. With bullish momentum intact, the index remains focused on reaching higher levels. Investors are optimistic about the sustained growth potential, driving confidence in the NASDAQ's performance. As the rally persists, attention is keenly directed towards emerging opportunities and potential market developments. Amidst evolving market dynamics, the NASDAQ's resilience and upward momentum underscore its significance as a key benchmark for technology and growth-oriented stocks.
OANDA:NAS100USDLong
by Kara_trade
QQQ bearish Head-and-Shoulders pattern confirmedNASDAQ:QQQ has shaped Head-and-Shoulders formation on the daily chart. Daily downtrend confirmed, weekly consolidation has started. Please note that broad SP500 market is still technically in an uptrend, meaning that buyers are still strong. So if you plan entering SHORT on QQQ I would wait for a pullback to increase risk-reward. An example of possible trade is shown on the chart. Of course, it is important to monitor how things develop and make corrections if needed. Disclaimer I don't give trading or investing advice, just sharing my thoughts.
NASDAQ:QQQShort
by hermes_trisme
Please God, Just One More Bubble. What Crying 2000's Are CallingChastened by the tech bust, venture capitalists and entrepreneurs have spent the last couple of years taking startups back to basics. No longer could they expect to turn an idea scribbled on a napkin into an instant company and cash out in a couple of years. To get funding and go public, companies had to have solid technology and business models, experienced management, reasonable valuations -- and, above all, profits. This reassuring regime made it easy to laugh at a bumper sticker sighted around the Valley last year: "Please God, just one more bubble." Now, it looks less like a joke than a warning. Too many tech investors, from Wall Street to Sand Hill Road, seem to be ignoring why they crashed after the 1990s hit a dead end. Venture capitalists are pouring money into look-alike startups in nascent sectors such as social networking. Even after a recent swoon, stocks of some dot-coms, such as eBay Inc. (EBAY ), look pricey. And not only are more money-losing companies going public, initial valuations can be distinctly frothy. Google Inc.'s imminent offering, for instance, could value the search engine phenom at $36 billion. Says Bill Burnham, managing partner of the VC firm Softbank Capital Partners: "Some people expect the good old days will be back and they can party like it's 1999." Indeed, the rise in shaky initial public offerings may be the most worrisome indicator that not all investors have learned their lesson. Some 44% of the companies going public so far this year were losing money, compared with only 30% last year, according to the investment bank Renaissance Capital. "They've lowered the bar," says Renaissance analyst Paul Bard. Why? "The VCs are pushing their companies to go out," says Jef Graham, CEO of networking startup Peribit Networks Inc., which has held off going public for now. "Bankers are like sharks smelling blood in the water." That was a part of Bloomberg publication , dated on August 25, 2004. It's gone 20 years or so.. - Something changed? - Nope. Nasdaq-100 is near the same 'red lines'.
NASDAQ:NDX
by Pandorra
1
Nasdaq February Monthly Review – Contin.Refer to the previous post regarding Feb Monthly Analysis for part 1 of this post. So as promised, here is the detailed analysis of each of the Feb month’s entries, marked with number’s on the chart: Trade 1: Entry Point: 17254 Time of entry (GMT): +-8h30 Confirmations: Market Pattern: DB formed on 1H TF with neckline broken. Also on the 31 Jan, price had travelled down more than the distance equal to the height of the day DT that had formed (marked in blue lines). From profit target (end point of the blue vertical line), probability is high that market will move back to retest the neckline of the market pattern. I like being part of a retest that is in the same direction as the overall trend Fib: The Day candle on 31 January had closed with a spike down to the Day 0,50 fib level (fib drawn from swing low at A. to swing high at B.). Day fib levels are strong and a DB forming in the area of the D 0,50 fib level is a strong entry signal Candlesticks: 31 Jan Day candle closed with a longish spike down to the D 0,50 fib + D EMA S&R: Strong dynamic support provided by the D EMA Trend lines: The trend is your friend - taking a buy in a bullish market will always get you the most pips because rallies can often run for longer than you expect (buy the dip) Stop loss: Half the height of the DB i.e.. At 17175,9 Draw Down pips: 754 pips TP points: TP1 = 17963 (fib level -0,27) TP2 = 18348,8 (fib level -0,618) Fib drawn from swing low at A. to swing high at B.) Both TPs hit Close half your position at TP1 and the other half at TP2 Profit in pips: 10’943 Comments: Successful trade --------------------------------------------------------------------------------------------- Trade 2: Entry Point: 17607 Time of entry (GMT): 21h00 Confirmations: Market Pattern: Db formed on the 15min TF, with strong momentum candle breaking the neckline. Fib: DB formed by the Day 0,618 fib level (fib drawn from swing low at C. to swing high at D.) 0,618 fib levels are very strong especially on the D TF Candlesticks: On the 15min TF, there is a long wick hammer candle right by the D 0,618 fib level + strong momentum green candles on the 15min TF to break the neckline of the DB. S&R: DB formed by a strong Day S&R zone + D EMA right by this zone providing dynamic support Trend lines: The trend is your friend - taking a buy in a bullish market will always get you the most pips because rallies can often run for longer than you expect Stop loss: Half the height of the DB i.e. At 17531 Draw Down pips: 137 pips TP points: TP1 = 18293,2 (fib level -0,27) TP2 = 18617 (fib level -0,618) (Fib drawn from swing low at C. to swing high at D.) Plan is to close half your position at TP1 and the other half at TP2 Profit in pips: zero Comments: This trade did not work out - ultimately price came down and took the trade out at entry - Market moved up 3504 pips from entry -------------------------------------------------------------------------------------------- Trade 3: Entry Point: 17364 Time of entry (GMT): 20h30 Confirmations: Market Pattern: A huge DT formed on the D TF with a break of the neckline (neckline and profit target (ie same distance as height of market pattern) marked in orange lines). Price travelled the full distance of the profit target. End of profit target (end of the orange vertical line coincides perfectly with Week 0,382 fib level). Market has a high probability of retesting the neckline of the market pattern after reaching the profit target. I like being part of a retest that is in the same direction as the overall trend. DB formed on the 15min TF at this level with a break of the neckline. Fib: 15min DB formed right at the W 0,382 fib level Candlesticks: None S&R: Strong Day support level + 4H 200 EMA Trend lines: The trend is your friend - taking a buy in a bullish market will always get you the most pips because rallies can often run for longer than you expect Stop loss: Half the height of the DB ie. At 17333 Draw Down pips: zero TP points: TP1 = 18542 (fib level -0,27) TP2 = 19189 (fib level -0,618) Fib drawn from swing low at E. to swing high at D. Plan is to close half your position at TP1 and the other half at TP2 Profit in pips: still in progress Comments: Trade still in progress - market has moved 10'923 pips from entry ----------------------------------------------------------------------------------------------- Trade 4: Entry Point: 17834,6 Time of entry (GMT): 13h30 Confirmations: Market Pattern: DB formed on 30min TF right at the W 0,382 fib level + D 0,382 fib level. Enter at break of the neckline. Fib: Area of confluence because Week and Day 0,382 fib levels coincide Candlesticks: Long wick candle close on 30min TF piercing both the Fib levels but closing above S&R: 4H support level + D EMA providing dynamic support Trend lines: The trend is your friend - taking a buy in a bullish market will always get you the most pips because rallies can often run for longer than you expect Stop loss: Half the height of the DB i.e. At 17825 Draw Down pips: 130 pips TP points: TP1 = 18307,5 (fib level -0,27) TP2 = 18581 (fib level -0,618) Fib drawn from swing low at 3. to swing high at F. Plan is to close half your position at TP1 and the other half at TP2 Profit in pips: TP1 hit + TP2 in progress Comments: Tp1 hit at 4748 pips above entry ----------------------------------------------------------------------------- If you had taken these trades, you would have closed out on 15'691 pips of profit. Always easier to pinpoint entries in hindsight - but the point of this exercise is to understand these entries and understand why you didn’t take them. This will connect the dots in your brain and then in future, you have a higher chance of spotting these high-quality entries and actually taking them. Looking at the chart above, one can clearly see the trending market i.e. the market runs and pulls back…runs and pulls back. So you want to get in on the trend at the pull back (at retracement levels). These are not the only high-quality entries - there were some good sells with the break of the DT necklines (marked in black lines). But these are sells in a bullish market, so your TP's will never run as far as buys in a bullish market. A note about stop losses on Nasdaq – my advice is not to set actual stop losses on MT4 or MT5 for your trades because Nasdaq is so volatile that it can often spike you out. Unfortunately, you need to use mental stops and use judgement with stop losses and see how candles CLOSE, not how candles spike. Once price has moved a significant distance away from your position, you can secure at entry and trade risk free. Screen time with this index will help you get the "feel" of this I learnt from this analysis and hope you did too 😊 All the best for March month trading! TF = timeframe TP = take profit 1H = 1 hour 4H = 4 hour D = day W = week M = month S&R = support & resistance EMA = Exponential moving average DT = Double Top DB = Double Bottom
PEPPERSTONE:NAS100
by Jinxx84
Rally expansion with a correction to the degree ratioGreetings Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it. I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision. I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily. I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him. Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, Mr. Nobody
BLACKBULL:NAS100Long
by mehdi47abbasi79
UPDATE: Nasdaq target 1 reached next one even higher116,956 target reached easily. This was based off the W Formation and the price breaking above the neckline. Then we had the run up which surpassed the first target of 16,956 - Text book. Now the price is heading to the next target at 18,800. This is purely based off a momentum trending strategy. The bull run is not over until it's over... So trade cautiously and trade within the trend. If you're predicting tops, EGO is taking over. If you're predicting tops, Gambling mentality is lurking. If you're trading tops - You feel you have something to prove. Simple.
NASDAQ:NDXLong
by Timonrosso
Comparative analysis. Fractals. Bitcoin and Nasdaq. Lagging.Logarithm. Assignment in three days. Formations "Bowl". There is a fractal similarity. The Nasdaq index is "ahead." The price is now at $15,237 after a nearly vertical strong price rise from the last consolidation of +18.21%. Note the price levels and their values on the CME. Bitcoin lags noticeably if this fractal structure is realized, but the % ratio targets are also an order of magnitude higher due to lower liquidity. BTC secondary trend (part). This bitcoin reversal zone was shown here. BTC/USD Secondary trend. Medium-term work. Pivot zone Save or increase, if you can trade successfully — your digital gold for “central banks” .
CME:BTC1!
by SpartaBTC
29