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Nasdaq100

♨ Nvidia stocks are heading Up to recover, after September meltNvidia stocks moved higher in early Monday trading after analysts at Goldman Sachs NYSE:GS added the chipmaker, along with three other stocks, to its flagship list of stock recommendations. Goldman Sachs analysts added Nvidia to the bank's "Americas Conviction List", a step up from the 'buy' rating it assigned to the stock in late August, while holding its price target in place at $605 per share. "Look for Nvidia to maintain its statues as the accelerated computing industry standard for the foreseeable futures given its competitive moat and the urgency with which customers are developing and deploying increasingly complex AI models," Goldman argued. The bank also added cybersecurity group Okta NASDAQ:OKTA , industrial supply group Cintas NASDAQ:CTAS and biotech Quanterix NASDAQ:QTRX to the "conviction buy" list while removing Salesforce NYSE:CRM and Johnson Controls NYSE:JCI . Nvidia, the world's biggest AI chipmaker, forecast current quarter revenues of around $16 billion in August when it published stronger-than-expected second quarter earnings and later unveiled an make it easier for clients to run AI applications on Google Cloud NASDAQ:GOOGL using Nvidia-made chips with deeper integration between hardware and software offerings. "We’re at an inflection point where accelerated computing and generative AI have come together to speed innovation at an unprecedented pace," said CEO Jensen Huang of the Google agreement. "Our expanded collaboration with Google Cloud will help developers accelerate their work with infrastructure, software and services that supercharge energy efficiency and reduce costs." Nvidia shares were marked 3% higher in early Monday trading to change hands at $ 448 /share. The stock is up more than 200% for this year, and reached an all-time high of $487.84 on Aug 29, 2023. Technical picture says, Nvidia NASDAQ:NVDA stocks are still on its positive path, and trading above 6- and 12-months simple moving averages. Moreover the key breakout of technical indicator known as "a Triangle" is happening right here as stocks are recovering form the bearish hug.
NASDAQ:NVDALong
by Pandorra
2
TARGET REACHED:Nasdaq mirroring Dow Jones & up it goes to 18,800 Our first aim was 16,956 for the Nasdaq 100, and wow, did it deliver, perfectly echoing our Dow Jones insights. It soared right to its initial goal of 16,956, just as we theorized. ANd it's been on the up ever since. But here's where the plot thickens—into a trending market. And let me tell you, this is where things get tricky. For breakout traders, finding that golden entry becomes a maze. For those eyeing reversals, it's like navigating a storm. And for my friends playing the ranges, buying and selling becomes a guessing game. So, what's a trader to do? We watch, we wait. The trend might keep climbing, sketching new patterns for us to decipher, or we simply stay the course, nudging our trailing stop loss up by the week. Now, with eyes on a lofty new target of 18,800, I'm parked on the sidelines. It's feeling a bit top-heavy, and without a clear strategy to dive back in, I'm all for observing. Patience is a trader's virtue, especially in this game.
NASDAQ:NDXLong
by Timonrosso
NASDAQ ANALYSIS💸NASDAQ💸 Chart : 4Hour Overall Trend : Bullish Current Market Structure : Downtrend Scenario 1 : | If you look at the overall trend on Nasdaq , we are currently in a bullish market . As price is respecting our trend-line . Where price is now we are currently sitting at a 4Hour supply area ,where sellers can come into play . As CPI impulsive move to the downside was recovered by the correction phase . Possible sell opportunities on the lower timeframe if 4h supply area holds , counter trend
CAPITALCOM:US100
by Brehayne_
THREE WORDS THAT YOU SHOULD KNOW. NATTY GOES CRAZYNatty is a slang term for 'natural gas' or natural gas futures. Natural gas is among the most-volatile commodities, especially in contracts for prompt delivery. A big reason why is the demand for natural gas varies considerably based on the weather as it's primarily a heating fuel; though it's increasingly used in electricity production and that can also make it subject to swings on hot summer weather due to air conditioning demand. Increasingly, LNG demand also dictates the price of natural gas. Forecasters from Atmospheric G2 said last Thursday that above-average temperatures are expected for the eastern two-thirds of the U.S. from Feb. 6 to 10. Natural gas prices are also under pressure after the Freeport LNG natural gas export terminal in Texas announced in January, 2024 that it would close one of its three production units for a month for repairs after extreme cold in Texas damaged equipment. The closure of one of the power units will limit the export of natural gas from the United States and increase its supply. Front NYMEX:NGH2024 Natural Gas futures contract recently fell to all-time low, below $1.900 mark. An unusually mild winter reduced demand for natural gas and kept U.S. inventories high. Forecasters at Maxar Technologies said last Wednesday that weather is forecast to become warmer over the next two weeks from the Rockies to the Midwest. According to BNEF, Lower 48 States Dry Natural Gas production on Wednesday amounted to 104.2 bcf per day (+4.2% y/y). Demand for Lower 48 States Dry Natural Gas was 93.1 bcfas of Wednesday, according to BNEF. (+8.9% y/y), and net LNG flows to US LNG export terminals declined to 13.5 bcf as of Wednesday. (-4.2% by weight). Reduced U.S. electricity production will negatively impact demand for natural gas from utility providers. The Edison Electrical Institute reported Wednesday that total U.S. electricity production fell -8.1% year-over-year for the week ending Feb. 3, and total electricity production in the US for the 52-week period ending February 3 fell by -0.4%. The US Climate Prediction Center said there is a more than 55% chance that current El Niño weather conditions will remain strong in the Northern Hemisphere through March, keeping temperatures above average and putting pressure on natural gas prices. AccuWeather predicts also El Niño will limit snowfall in Canada this season and also cause above-normal temperatures in North America. Gas storage facilities in Europe were 71% full as of January 29, above the five-year seasonal average of 58 percent for this time of year. Baker Hughes reported a week ago on Friday that the number of active U.S. natural gas drilling rigs fell by -1 rig to 119 rigs for the week ended Jan. 26, just above the two-year low of 113 rigs recorded on Sept. 8. Rising to a 4.5-year high of 166 rigs in September 2022 from the pandemic-era low of 68 rigs recorded in July 2020 (data dating back to 1987), rigs number decreases again, since Q4'22. Recent EIA report showed in full accordance with expectations, a decrease in reserves of -75 bcf that is much less than the 5-year average for this time of year of -193 bcf. The main technical chart is for United States Natural Gas Fund LP AMEX:UNG ETF that offers straightforward exposure to front-month natural gas futures Basically this graph clear illustrates that disinflation era is still exists, as bearish sentiment is still prevails in the market since the Q4'022, after a key 5yrs SMA breakthrough. Perhaps this is the end, and market capitulation is almost right there, as it typically happens each time in long-term downward market trends.
AMEX:UNG
by Pandorra
5
Nasdaq - Time To SellHello Traders, welcome to today's analysis of Nasdaq. -------- Explanation of my video analysis: For more than 14 years the nasdaq has been trading in a super obvious bullish parallel rising channel. In the beginning of 2023 we had another retest of the lower support which was followed by a +65% rally. If the Nasdaq rejects the current resistance towards the donwside and retests the support mentioned in the analysis, I will then be looking for long setups again. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
TVC:NDQ
by basictradingtv
4
US100 17486.5 +0.34 % SHORT IDEA MTF 🐻🐻🐻HELLO TRADERS Hope everyone is doing great 🛑 A look at NASDAQ ahead of the day 📌 NASDAQ 4H TF * Looking at US100 from the 4H we see a break above BSL * FULL BODY closure above possibly signaling continuation. * If we see momentum back into the range i would be looking for shorts. * But for now NASDAQ is signalling some strong BULLISH momentum. * Especially because of that body closure. US 100 1H TF * On the 1h alike, strong bullish momentum in play. * Retracement into some of the internal LIQUIDITY possible. * looking for some retracement into PD ARRAYS ( FVG + OB) * & should they hold looking for continuations with the bulls. NASDAQ 15 M TF * ASIAN highs taken * Possibly signaling a bullish NY * TRADE IDEA 1. london open - short setup for asian lows 2. long set-ups NY session. HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW🛑 lets see how it goes. IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤ LOVELY TRADING WEEK TO YOU!
CAPITALCOM:US100Short
by PULEMokhothu
12
Perhaps a 'Santa Rally' is just one step away to begin this yearStock markets often enjoy a seasonal share boost during the festive period. It's been an unpredictable year for stock markets after gloomy 2022 but all we are, traders, investors, TradingViewers are hoping for a successful end-of-year boost in the form of a so-called Santa rally. Shares have delivered a mixed performance so far in 2023, amid SVB crisis, high inflation and interest rate hikes, so while children are compiling their Christmas lists, traders also want some sweet candies. Traditionally, festive cheer and holiday household spending make the markets more optimistic during the holiday season, boosting investor portfolios. But will 2023 follow the trend? The "Santa rally", a term coined in 1972 by Yale Hirsch, the founder of the Stock Trader’s Almanac, "describes a tendency for the stock market to go up by 1% to 2%" over final five trading days of the outgoing year and the first two of the new one, said Forbes Advisor . This period has "historically" shown higher stock prices in the S&P 500 CBOE:SPX 79.2% of the time, says Investopedia . What drives the Santa rally? Reasons for the Santa rally are vary and one explanation is the cheery "end of year mood" that means investors are in more of a "buying temperament" rather than selling shares, which pushes up stock prices Will there be a Santa rally this year? Probably, Yes. November "capped off the best three months" for global shares since the pandemic stock market recovery in 2020, so there are a lot of hopes that stars will align, and momentum in the markets, helped by declining U.S. Treasuries rate, will push prices higher in the run-up to Christmas. Sure, there is "no guarantee", though. Sometimes it happens. Sometimes not. The odds of a Santa rally may be in your favor, but the "best option" (author's opinion) is to do nothing, remain invested and be "pleasantly surprised" by another strong month by the new year. The main technical graph for SPDR S&P500 ETF Trust AMEX:SPY says that we right now somewhere around 460 U.S. dollars per share (relevant to 4'600 points for CBOE:SPX Index), and just one step to break it out to reach CBOE:SPX 5'000 Milestone by the end of the year. Just follow the major upside trend, that's been taken from Q4'22. And that is all. Merry Christmas y'all, TradingViewers! See you in a Happy New 2024 Year! 💖💖
AMEX:SPY
by Pandorra
32
Nasdaq Intraday Review - Thursday 8 Feb 2024I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review and analysis in case it can help you! Looking exclusively for buys - the trend is your friend! :) Did my analysis at +- 5:20am During analysis noted the following: Bulls rallied over 2000 pips yesterday and overnight, had managed to keep price at this level. Market has consolidated in a triangle / rising wedge pattern (I felt it was more a rising wedge pattern based on the bodies of the candles) Rising wedge patterns tend to break down, but can break either way Pivot point and fib levels are far down from where price currently is, +- 800 pips. So I need to be careful buying because if the market does retrace, it is a big draw down that I will have to handle. Initial jobless claims will be released today - I feel that due to the sensitivity of the Fed / interest rate debate, this may cause volatility at time of release. Pivot point zone looks of interest to me as a potential buy zone because it is close to the 1H 0.382 fib level, creating an area of confluence. This fib drawn from swing low at A. to swing high at B. To make matters a bit more exciting, I am not able to be at my trading screens today. This means I need to set my buy limits and hope for the best. I set my buy limit for 50% of my usual position size at C. - Confirmations: Fib - This represented the 0.382 fib level S&R - pivot point I set a second buy limit at D. for 50% of my usual position size - Confirmations: Fib - This represented the 0.618 fib level Trendline - blue uptrend line, intersecting this area S&R - 4H 20 EMA was roughly at this level Unfortunately, price never reached my buy zones. When I returned to my screens and did my analysis, I noted that the entry for today would have been quite clear. If I was trading properly today, I would have entered at E. because price made a nice double bottom just above my zone, by the 1H EMA. I would have entered on the break of the neckline, which also meant that price had broken back above the 1H EMA There was also a nice inverted hammer candle on the 1H TF, followed by a green momentum candle at E. further supporting the buy entry. Market moved up from here +- 700 pips. What could I have done differently? Nothing, as I wasn’t able to be at my desk today! :( Hope you had a good trading day! 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
PEPPERSTONE:NAS100
by Jinxx84
Nasdaq Intraday Review – Wednesday 7 Feb 2024I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review and analysis in case it can help you! Did my analysis at +- 5:20am During analysis noted the following: The 4H EMA has acted as a strong support for 2 x 4H candles (marked at A.) The D neckline (you see it better on the line chart) that was previously broken down and re-tested by market, is resistance turned support & is acting as a strong support Trend is clearly uptrend - nearly seen from D line chart Looking exclusively for a buy - The trend is your friend Entered a sell (even though I just said I was looking for buys ;) ) at B - Confirmations: - Market Patterns - Market had broken the 4H neckline marked in pink, travelled down the same distance as the height of the pattern i.e. reach profit target and was now returning to test the neckline. The early morning bulls had pushed past the neckline but met bear resistance at C. It looked as if bears had won the battle as price was pushed below 1H + 30min EMA + pivot point at E. So even though I was looking for a buy, I believed market would sell as neckline failed the bull re-test - Candlesticks - Strong bear momentum candles between E. and B. on 15min through to 1 H TF - Fib - Point C. was at the seller's 0.618 fib retracement level and market was moving aggressively down - S&R - Pivot point had failed as support and 30min + 1H EMA was acting as resistance - Trendline - This was against the trend but I looked to me like a trend change in progress The 4H EMA + the red support line of the "D Neckline " was too strong for bears to break down and ultimately market moved up from here. I closed at my mental stop, which was the thick pink line, taking a loss of 445 pips. Usually I would have been discouraged that my first entry for the day did not work out. Usually, self-doubt creeps in and I become very insecure and hesitant. Today, I was determined not to let that happen and keep my mental state as level as possible. Watching price action carefully and needing to be convinced that market had indeed properly broken through the neckline, I entered a buy at D. - Confirmations: - Market Pattern - My initial reason for selling is not turned around so, price seemed to have convincingly broken through the neckline, meaning that the down trend was over and an uptrend would begin - Fib - Point B. was at the buyers 0.50 fib level, representing a strong fib level - Candlesticks - I opened a buy after a very long wick green hammer candle closed on the 15min TF. This represented market testing the pivot point one last time with a big rejection. - S&R - The 30min + 1H EMAs + pivot had turned into support - Trend - Trading with the overall trend which usually tends to be my most profitable trades. Also the orange temporary down trend had been broken Usually when self-doubt creeps in, I tend to open very small positions in an attempt not to increase my losses for the day. But this time I opened at my full position size. As market moved up, I closed partial profits to cover my losses for the day and still have a runner open which I will close as per what the candles are saying. Market has moved 1886 pips from my position, I am trading risk free (stop loss at entry) with my losses covered for the day. So I am a happy chappy! Ultimately I closed my position at 17739, when a double top started forming on the 30 min. What could I have done differently? I had analysed in the morning that the 4H EMA and the red slanted support line were very strong, but I choose to ignore that when I entered my sell as price was right at this level. I should have waited to see how price would react to these strong elements before jumping in. Hope you caught this nice buy! 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
PEPPERSTONE:NAS100
by Jinxx84
Copper futures. Disinflation is almost there to comeCopper futures fell further to around $3.8 per pound, marking a weekly loss driven by concerns over demand from China and heightened US interest rates. China's manufacturing sector contracted for the fourth consecutive month in January, contributing to the negative sentiment. With a robust US jobs report, expectations of a Federal Reserve rate cut in March have diminished. Weaker Q1 industrial activity is expected to dampen demand, although Glencore's projected 5% production decline in 2023, along with an anticipated additional drop in 2024, could offset this. Despite these challenges, there is still hope that China will implement measures to stabilize its economy. Technical graph illustrates also, 5-years SMA is a massive long term support in this time for Copper futures COMEX:HG1! , as it breakthrough can deliver solid further losses for Copper futures prices, like in 2020 (30% off), in 2014-16 (40% off) and in 2008-09 (50% off).
COMEX:HG1!
by Pandorra
Wolfe Research thinks NAS100 moves higherWolfe Research thinks NAS100 moves higher Several mega-cap entities, including Meta and Nvidia, are propping up the Nasdaq 100, following Jerome Powell's 60 Minutes interview on Sunday, which has further diminished the likelihood of a March rate cut (currently below 20%, according to the Financial Times). Potential support zones might materialize around the 17,450 and 17,100 levels, with the latter representing the bottom of last week's significant wick. Positioned just above this level is the 20-day moving average. Short-term declines could be possible entry opportunities into the market, with a particular focus on the support levels. Wolfe Research anticipates the market's upward grind to persist until U.S. economic growth expectations diverge from current projections, with smaller-cap stocks overperforming as they play catch-up to their mega-cap counterparts. The first resistance worth monitoring appears near 17,600, roughly aligning with the all-time highs for the index.
BLACKBULL:NAS100
by BlackBull_Markets
Nasdaq-100 H4 | Falling to pullback supportThe Nasdaq-100 (NAS100) is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 17,539.30 Why we like it: There is a pullback support that aligns with the 23.6% Fibonacci retracement level Stop Loss: 17,380.05 Why we like it: There is a pullback support that aligns close to the 50.0% Fibonacci retracement level Take Profit: 17,784.29 Why we like it: There is a resistance that aligns with the 127.2% Fibonacci extension level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:NAS100Long
by VantageMarkets