NASDAQ - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast: (Daily Time-frame)
20000.00 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
A trough is formed in daily chart at 20548.20 on 01/13/2025, so more gains to resistance(s) 21248.00, 21722.90, 22203.25 and more heights is expected.
Take Profits:
21248.00
21722.90
22203.25
22500.00
23000.00
23500.00
24000.00
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NASDAQ Reversal: Bullish Patterns AlignThe NASDAQ, after enduring bearish pressure, is beginning to exhibit signs of bullish momentum at a significant daily support level. A combination of technical signals, including a bullish divergence, the completion of an ABCD pattern, and the formation of a bullish inverted head-and-shoulders pattern, points toward a potential reversal. A confirmed breakout above the neckline could validate further bullish momentum, presenting an attractive buy opportunity at 21,056. A strategically placed stop loss at 20,521 allows for adequate room to account for market fluctuations.
Nasdaq US100: Positioned for a Breakout to New Highs!After a deep retrace on the daily timeframe, I’ve initiated a long position on the Nasdaq US100. The plan is to ride this wave back to its Higher High, capitalizing on the recovery momentum.
Technical Insight:
• Key Structure: The market has shown strong respect for the current retracement levels, providing a solid base for a bounce.
• Trendline Support: Price action aligns well with the trendline channel, indicating potential for upward continuation.
• Fib Levels: The pullback reached a critical zone, signaling that buyers may step in to push the price higher.
Let’s see how this plays out! Always remember to trade with proper risk management and pay yourself along the way!
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
US100 Trade LogMarket Context:
- The CPI session’s top wick aligns with a 4H FVG rejection , signaling a high-probability short setup. Oscillators confirm exhaustion, supporting bearish momentum.
Trade Parameters:
- Risk-to-Reward Ratio: 1:2 minimum .
- Base Risk: 1% account risk for initial positions.
- Additional Risk: Two half-contract size positions added, bringing total risk to between 1% and 2% to capture extended targets if price runs higher.
Missed Entry:
- Ideal short entry at the 0.5 level of the FVG , confluenced with the daily Kijun resistance. Hesitation led to a missed opportunity.
Retracement Importance:
- Small retracements, while frustrating, are necessary to sustain upside momentum. They provide clean re-entry points for continuation trades.
Conclusion:
- Strategic use of added risk positions and focusing on high-probability zones like FVGs and Kijun levels is crucial for optimizing profits.
NAS100 - lets focus on recoveryTeam,
Yesterday, we got DOW to hit two targets. and 3 target short for the DAX
We are now entering long at 21076-85 ranges
STOP LOSS at 21035 or extend to 20987
Target 1 at 21112-26 - NOTE: once it hits our first target range, take partial and bring stop loss to BE.
Target 2 - 21187-95 - I would prefer to take this target as confident.
Target 3 - 21286-21332
NAS100 - TIME FOR ENTER THE TRADE LOOKING FOR RECOVERYTeam,
Again, I hope you have a fantastic new year and lets kill the BEAST (market) together
I found a good entry for NAS 100 at 21185-92
STOP LOSS at 21050 or 21105
Target 1 at 21236-57
Target 2 at 21315-45
Target 3 at 21385-21425
NOTE: Please ensure you take your partial once it hits the first target range of 21236-57. Please bring STOP LOSS to BE to secure the trade
$NQ MMBMAs mentioned at the beginning of the week, our DOL targets are being hit one by one. Now, we believe the price will begin the day’s opening with a bearish correction, aiming to capture internal liquidity in the discounted region, before resuming the bullish movement in search of the next targets.
Potential bullish rise?NAS100 has reacted off the support level which is an overlap support that aligns with the 23.6% Fibonacci retracement and could rise from this level to our take profit.
Entry: 21,426.87
Why we like it:
There is an overlap support level that aligns with the 23.6% Fibonacci retracement.
Stop loss: 21,119.53
Why we like it:
There is a pullback support level that lines up with the 61.8% Fibonacci retracement.
Take profit: 21,894.84
Why we like it:
There is a pullback resistance level that aligns with the 78.6% Fibonacci retracement.
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US 100 Trade LogUS100 Long Setup (1H)
Trade Logic:
- Entry: Long within the 1-hour Fair Value Gap (FVG) located in the discount zone relative to this timeframe.
Confluence Factors:
- Bullish Momentum: The market is strongly bullish, with price action consistently breaking resistance and forming higher highs.
- Relative Aggression: While the FVG is in a discount zone on the 1H timeframe, higher timeframes do not confirm the same, making this a relatively aggressive trade.
- Supportive Context: Recent pullback aligns with the FVG, offering a potential continuation opportunity as buyers step in.
- Risk-Reward: Minimum 1:2 RRR with a tight stop-loss of 50 points, ensuring disciplined risk management.
- Target: TP1 at the next intraday resistance; TP2 near psychological levels like 15,500.
Macro Context:
- Market Sentiment: Strong risk-on sentiment in equities as major indices rally, supported by favorable economic data and dovish central bank tone.
- Tech Strength: Nasdaq constituents leading the charge with inflows into growth and tech sectors, further reinforcing bullish momentum.
- Volatility: VIX remains low, indicating stable conditions conducive to continuation of bullish trends.
Additional Consideration:
While this setup is aggressive, the bullish momentum makes it a calculated risk worth attempting. Keep stops tight and monitor if price fails to hold the FVG. Reassess if higher timeframe resistance levels come into play, suggesting a larger pullback.
US 100 Trade LogUS 100 Buy SIgnals
Two potential long opportunities have been identified, but caution is advised due to the possibility of stop runs. The market could easily disrupt both trades, so this requires close observation and adherence to the system. Discretionary judgment will play a role here, but the focus remains on structured analysis.
Trade Setup :
1. Entry Zones : Buy within the 1H Fair Value Gap (FVG) or the 4H Fair Value Gap (FVG).
2. Risk Parameters :
- First Position: 0.5% risk
- Second Position: 1% risk
3. Stop-Loss Size : Fixed at 90 points for both trades.
4. Risk-Reward Ratio (RRR) : 1:2 for both positions.
5. Caution : Be wary of potential stop hunts in these volatile zones. Monitor closely for signs of market manipulation or sudden reversals.
I am also weary of the strong divergences on both the MACD and the CVD. So be careful with risk assessment today.
MY NAS100 LONG IDEA 31/10/2024Direction: Long
SL: 1950-1966
Indicators:
1. MA (20,50,100,200)
2. Trendline - Algo
3. Support and Resistance
4. Fib Level
5. I also use MT5 - Tradingcentral tools
Technical:
1. MA 20 still above 100 and 200 so I believe we still have room for bull run.
2. Red trendline was broken so we have a price drop but I also see a possibility for the price to and breakthrough the green trendline.
3. Price is dropping to a Support zone and I have a confirmation on Tradingcentral tool on MT5.
4. FIB level at golden zone.
5. Tradingcentral tool signaling DECLINE but price is bouncing off of the support area at the moment.
Fundamental and economic:
1. US economic data is looking good we had a bunch of data that negatively impacted the prices but I think these are good retracement opportunities.
2. I use Edgefinder tool which shows me a score of 5 "bullish" on Nasdaq.
3. We are in Q4 and usually this is where we find good setups for long run.
Nasdaq Outlook: 07-NOV-2024Good morning, traders! Welcome to today's Nasdaq market analysis. Compare my price action insights with your own charts and enhance your trading skills.
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WEEKLY FOREX FORECAST OCT. 14-18th: BUY THE NASDAQ 100? YES!The NASDAQ looks to have supporting structure for higher prices. The bullish momentum is there, but it lacks the +FVGs that are present in the S&P500. Bullish, yes, but a bit weaker
There is some potential for a limited pullback, though. But I would view it as a better price for a possible long entry.
What are your thoughts....?
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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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Nas100 Buy Setup Pending Bullish TDI ConfirmationNasdaq 100 (Nas100) has begun September with a bearish trend, mirroring the OLHC structure observed last month. We are currently awaiting strong support on the daily timeframe to confirm a potential buy opportunity. Buyers are expected to enter the market once a bullish TDI cross appears on the daily chart . I have identified three targets for this setup:
- First Target: 18,160.95
- Second Target: 19,031.30
- Third Target: 19,445.56
Exercise extreme caution and wait for clear signals before making any moves. Patience is key.
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