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Nasdaq100

NASDAQ100 Plummets! Short Trade Nears Final Target!NASDAQ100 (NDX) Analysis: NASDAQ100 (NDX) has seen a strong downward trend on the 15-minute chart, with the trade setup delivering impressive results. Targets 1 through 3 have been hit, and the price is closing in on the final TP4 level, making this an ideal short trade for traders leveraging the momentum. Trade Summary: Entry Level: 20429.42 Target Levels: TP1: 20323.94 ✅ TP2: 20153.26 ✅ TP3: 19982.58 ✅ TP4: 19877.10 (nearly hit) Stop Loss: 20514.76 The Risological Dotted Trendline guided traders perfectly through this short trade, marking a strong resistance level as the index continued its descent.
NASDAQ:NDXShort
by ProfitsNinja
Analysis: Key Levels to Watch for Short and Long OpportunitiesI'm watching the Nasdaq closely as it approaches a critical decision point. In this analysis, I’ll outline two potential scenarios, including both short and long trade ideas based on the confluence of key technical levels. Current Setup and Key Level: 20,320 Right now, the 20,320 level is my primary focus. This level aligns with: The 38.2% Fibonacci retracement of the recent downtrend, suggesting potential resistance. The VWAP (Volume-Weighted Average Price), which is acting as a dynamic resistance level. This confluence makes 20,320 a critical resistance zone, where the market might either reverse or push through, setting the tone for the next significant move. Scenario 1: Short Opportunity at 20,320 Resistance If the price approaches 20,320 and shows signs of rejection (like a bearish candle pattern), I’m looking to take a short position at this level. Here’s why: Fibonacci & VWAP Confluence: The alignment of the 38.2% Fib level with the VWAP reinforces this level as a strong potential resistance. Risk Management: I would place a stop-loss above the 50% Fib level (around 20,400) to manage risk if the price breaks higher. Targets: My initial target would be around the 20,000 level. If this breaks, I anticipate a stronger move downward due to potential stop-losses being triggered below 20,000 (more on that below). Note on Stop-Loss Clusters: I believe many traders might have their stops placed just below the 20,000 mark. If the price breaks below this level, we could see a quick, momentum-driven move lower as these stops are triggered, potentially driving price toward deeper levels. Scenario 2: Bullish Break Above 20,320 If the price breaks above 20,320 and holds above both the VWAP and the 38.2% Fib level, it could signal a bullish shift. Here’s what I’m looking for in this scenario: Confirmation Above VWAP and Fib Level: A strong break and close above these levels would indicate that bulls are taking control and might push for higher retracement levels. Potential Targets: In this scenario, I’d look for the price to move towards the 50% Fibonacci level (around 20,400) as the next resistance, followed by the 61.8% level near 20,500 if momentum holds. Invalidation for Shorts: A decisive break and hold above 20,320 would invalidate the short setup. If this happens, I’ll look for potential long entries on a pullback to the VWAP or 38.2% Fib as support, with stops below these levels to manage risk. Conclusion The 20,320 area is the key level to watch here, with potential for both short and long setups: Short Scenario: Look for rejection at 20,320 to target a move down to 20,000, with a possible extension lower if the 20,000 support breaks. Long Scenario: A break above 20,320 could open the door for further upside, with potential targets around 20,400 and 20,500. This setup combines technical indicators with price psychology, as stops clustered around the 20,000 level may drive significant moves if that support level is breached. I'll be monitoring how the price reacts to 20,320 closely for confirmation of either setup. Let me know if you see anything differently or if you have any questions. Happy trading!
CME_MINI:MNQZ2024
by natron
1
NASDAQ 100 Sinks on AI Cost Woes - Full Target Breakthrough HIT!NASDAQ 100 (NDX) Analysis using Risological Swing Trader: In the 15-minute timeframe, NASDAQ 100 (NDX) demonstrated a powerful bearish move, with all targeted profit levels being achieved in a swift drop. This short trade setup showed significant follow-through as investor sentiment shifted negatively due to concerns over escalating AI expenses reported by Wall Street's megacaps. Key Highlights: Entry Level: 20,429.42 Target Levels: TP1: 20,323.94 TP2: 20,153.26 TP3: 19,982.58 TP4: 19,877.10 Stop Loss: 20,514.76 Context: This bearish momentum aligns with Wall Street’s close on a lower note as major tech giants highlighted rising costs linked to AI developments. The day's range fluctuated between 19,880.26 and 20,227.19, underscoring the volatility and risk aversion among investors. The setup capitalized effectively on this negative sentiment, reinforcing the bearish outlook. Summary: This trade on NASDAQ 100 hit all targets with precision, benefiting from the broader market's reaction to heightened cost pressures in the tech sector. This downward move underscores the impact of macroeconomic concerns on equity performance, particularly in high-cost sectors like AI.
NASDAQ:NDXShort
by ProfitsNinja
MS and META brought down the entire index USTEC continued its decline following disappointing earnings from two major tech stocks. Despite Apple (AAPL) and Amazon (AMZN) reporting earnings and revenue above expectations, Apple’s shares fell in after-hours trading due to weaker sales in China. Meanwhile, the VIX has climbed to its highest level since Aug, signaling potential headwinds as elections approach. USTEC declined steeply and failed to hold the 20000 threshold. The index broke the channel’s lower bound, and EMA21 has death-crossed EMA78, sending a bearish signal. If USTEC fails to re-enter the channel, the index's downtrend may extend to 19700. Conversely, if USTEC breaches 20140 after re-entering the channel, the price may gain upward momentum to 20680.
NASDAQ:NDX
by inkicho_exness
How AI is Becoming a Bearish Factor for the Nasdaq 100How AI is Becoming a Bearish Factor for the Nasdaq 100 In 2024, the Nasdaq 100 index (US Tech 100 mini on FXOpen) has risen by approximately 20%, with optimism around the integration of artificial intelligence (AI) acting as one of the bullish drivers. However, yesterday's reports from Microsoft (MSFT) and Meta Platforms (META) indicated that AI, as a factor influencing stock prices, may be shifting from a bullish to a bearish driver. The issue lies in the rising expenses that these tech giants are incurring in the race for leadership in this area. Earlier today, we noted that due to increasing expenditures, MSFT shares fell by roughly 4%, despite a strong earnings report. A similar trend is seen in Meta Platforms' stock: actual earnings per share and gross revenue exceeded analysts’ expectations. However, due to high capital investments, META shares in pre-market trading today are around 3% lower than yesterday's opening. Meanwhile, technical analysis of the Nasdaq 100 (US Tech 100 mini on FXOpen) index chart indicates several bearish signals: → Since mid-September, price fluctuations have formed an ascending channel, constructed using linear regression (shown in blue). However, following the reports from Microsoft and Meta Platforms, the index value has sharply dropped from the upper half of the channel to its lower boundary. → The pattern of peaks A-B-C-D shows that bulls find it difficult to maintain momentum: each successive peak only slightly exceeds the previous one, followed by a decline. Considering this information, it is reasonable to assume that the current ascending channel may be unable to drive the price to the July 11 peak and could be breached by bears. Additionally, the formation of a bearish channel is not out of the question (its preliminary outline is shown in red). This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:NDQM
by FXOpen
2
Nasdaq 100 Consolidates Ahead of Market Leader Earnings ReportsNasdaq 100 Consolidates Ahead of Major Market Leader Earnings Reports This week, five companies with market capitalisations exceeding $1 trillion are set to release their quarterly earnings: → Alphabet (GOOGL) on October 29 → Microsoft (MSFT) on October 30 → Meta Platforms (META) on October 30 → Apple (AAPL) on October 31 → Amazon (AMZN) on October 31 These results and profit forecasts from leading tech giants could fuel momentum for the Nasdaq 100 (US Tech 100 mini on FXOpen). For now, technical analysis of the Nasdaq 100 (US Tech 100 mini on FXOpen) chart suggests the index is in a state of consolidation. Supporting this view: → The blue upward channel, based on key 2024 reversals (marked with bold lines), shows price movement near the channel median, indicating a potential balance between supply and demand. → A narrowing triangle formation (highlighted by purple lines, with the upper line aligning with the psychological level of 20,500) reflects a reduction in volatility, signalling consolidation in anticipation of the earnings releases. → A decline in the ATR indicator, reaching its lowest in approximately 3.5 months, also suggests subdued market activity. If these tech earnings surprise to the upside, it’s possible the Nasdaq 100 (US Tech 100 mini on FXOpen) could break out of the purple triangle, setting its sights on a fresh all-time high, surpassing the previous peak from July 11. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:NDQM
by FXOpen
2
US100 H2 - Short SignalUS100 H2 Here is Nasdaq, a little different as compared to US30, we have price trading as close to ATH's as you could expect, with a couple of trading tops here from last week. We also saw a huge dump on Friday, that single H2 candle demonstrates a move of 180 points, followed by two more bearish candle closes to end the trading day and trading week. That being said, markets opened and we gapped upside around +130 points, we have sustained this, just like US30. I'm wondering whether we reject this price level we have indicated at 20,500 price and selloff back down to 20,300 price. Seeing how Nasdaq moves, if it breaks or rejects, may give us a better steer on US30 trading opportunity.
CAPITALCOM:US100Short
by Trade_Simple_FX