NAS100Hello Traders Welcome back to another profit day
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Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Nas100 view with smart money concept
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The information given is not a Financial Advice.
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Nasdaqsignals
NASDAQ 4H supply zone sellsNas100 is at a strong resistance and also tapped into the 4H supply zone and making rejection. What i'm looking for on this pair is to break 1H sub-structure then find entry on the retracement and then take down to the higher timeframe structure lows at 11k region. a possible 1000 pip swing to downside is looking very likely given fundamentals and technicals.
Onzo capital.
NASDAQ hit the 1D MA50, 1st time since April 21.Nasdaq (NDX) hit yesterday its 1D MA50 (blue trend-line) for the first time since April 21 on a near June 27 High test, which is the current Resistance. We are basically expanding on our idea posted 3 weeks ago:
It may have taken a little longer, but the price resumed the rebound it has been making since the June 16 bottom, which is exactly when we posted the buy signal on the index. Technically that made the new Lower Low on the multi-month Channel Down pattern, and this rebound is the sequence towards the Lower Highs (top) trend-line.
The break above the 1D MA50 sets an automatic target on the 1D MA100 (green trend-line), which is where the previous Lower High of March 29 was priced. A break above the Channel Down but more importantly the Resistance level of May 04 (13590), can give us an additional buy signal towards the 1D MA200 (orange trend-line). Notice how the 1D RSI sequences of the past two rebounds are similar.
A 1W candle closing below the 1W MA200 should be enough to kick-start a sharp fall to the 1W MA300 (yellow line, scroll the chart downwards to see).
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NASDAQ: BULLISH FALLING WEDGE PATTERN.Hello traders, today I am gonna share a NASDAQ update with you guys. This is my first ever update on NASDAQ and I am super excited to share this valuable information with you all.
Timeframe: 1 Day.
Description: Nasdaq is the second-largest stock exchange in the world. Nasdaq, which is an acronym for the National Association of Securities Dealers Automatic Quotation System, was established in 1971. The US-based exchange is also the first-ever electronic stock market in the world.
Update: Back in Nov 2021, when NASDAQ hit its ATH at 16767, we saw some drastic fall on NASDAQ. A straight -33.6% drop in the last seven and half months. NASDAQ has been under the falling wedge pattern for a while and in the recent move when NASDAQ got rejected from the resistance level of 12200 (Lower High), it did not make any lower low level, rather the candle closed above the previous lower low level (11068). This could be a sign of trend reversal where the falling wedge will turn into a rising wedge pattern.
RSI: The RSI on NASDAQ has been below the level of 50 for quite a while. It has been constantly getting rejected from the middle level of the RSI keeping NASDAQ under the oversold area.
Conclusion: If NASDAQ manages to reverse the trend then I expect a bullish rally to start soon. I am expecting a 60% rally if NASDAQ breaks above the resistance level. The yellow-colored lower trendline will be the invalidation point for NASDAQ.
Note: This chart is completely based on technical analysis. It is not a piece of financial advice. So, do your own research before investing.
What are your views on NASDAQ? Do you think NASDAQ is ready to make a bullish rally? Let me know your thoughts in the comments.
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nasdaq daily perspectivehellow fellow traders. hope you guys are having a splendid journey thus far. for those of you who were eager to see new ideas from me, i apologise for the wait, i was busy with my private students, however im back for this 3rd qauter, if you want to know more about my course leave a comment below. so far as we all know i have been 90% bearish on nas for the swing and it is delivering perfect down movement. this week has 3 possibilities in my perspective. we could see price continue to give us lower prices or a retest of the daily/weekly orderblock, if price decides to break the daily order block then we can expect a deeper retracement into the weekly swing high.
NASDAQ On a critical 1D MA50 test. Act depending on candle closeNasdaq (NDX) continues to trade within the long-term Channel Down that has helped us identify the trend and take low risk/ high reward trades over the past few months. Our position hasn't changed since our previous update 10 days ago:
The bottom and new Lower Low of the Channel was correctly spotted, and now the price is about to test the critical 1D MA50 (blue trend-line). In fact today's flat-red candle could be the same as the rejection one on March 21. A clear 1D candle close above it, should be enough to test the 1D MA100 (green trend-line) which was our medium-term target originally. Failure to do so can alter the similarities with the March fractal and push the price to the 1W MA200 (red trend-line), so in that case be quick to take profits if you followed us and bought on that bottom.
As mentioned previously, a 1D candle close above the Lower Highs (top) trend-line of the Channel Down should be treated as a buy break-out signal with the 1D MA200 (orange trend-line) as the target. Similarly, with the 1W MA200 being a significant multi-year Support, a weekly closing below it should target the 1W MA300 (yellow trend-line, scroll chart to see it below).
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NASDAQ preparing a mid-March rebound with eyes on the 1W MA200Our last analysis on Nasdaq (NDX) 10 days ago, came with a warning that as long as the 1D MA100 (green trend-line) and the Lower Highs trend-line of the long-term Channel Down held, the trend was bearish towards the 11500 Support:
As you see the 11500 target was eventually hit, and with the Fed making an interest rate raise yesterday of 0.75% (the biggest hike since 1994), the index eyes the 1W MA200 (red trend-line) for the first time since August 2010, as more and more market participants call for a recession.
However, as long as the 1W MA200 holds, we have to go with the pattern in hand, i.e. the Channel Down which calls for a short-term rebound above the 1D MA50 (blue trend-line) and on the 1D MA100 to form a new Lower High. Target range: 13000 - 13400.
A 1W candle closing below the 1W MA200 should be enough to kick-start a sharp fall to the 1W MA300 (yellow line, scroll the chart downwards to see).
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NAS 100 (NASDAQ) H4 chart. The overview marketNAS100 seem to be aiming to retest the breakout that took place at level 12327.7 on the 27 May 22. If you look, you will see that the market was moving on a channel for some time before a breakout and the price never had a retest after that and now we are seeing the market coming back to that level. If the price is to just do a retest, we will see the price pushing to the upside and if not the price will keep moving with the bearish move as we are all that the market is still bearish anyway.
USTECH100 BEARISH OUTLOOKAfter some anxiety among investors regarding increased CPI for May, NASDAQ experienced some drop down in price, mostly led by mega-cap growth stocks like Apple Inc and Amazon.com Inc.
On the technical perspective, USTECH100 is breaking the support of descending triangle, which is a signal for bearish movement, confirmed as well from both MACD and RSI indicators.
If the bearish movement continues, USTECH100 might try to reach price of 11 912 USD. On the other hand, if it reverses, it might get back to 12 586 USD.
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NASDAQ : IXIC is in Downward channel trying to break Middle LineNASDAQ previously took string support from 50% retracement level on Fibonacci channel.
Now, NASDAQ has been trading from last months in this Downward Parallel Channel and testing the Middle trendline of Channel.
If it manages to break this line with good volumes and a decent candle, then strong upside is expected to 12500 levels.
Strong Buy Zone is from 11800-12000 which doesn't seem to get broken in Near term.
NASDAQ Sideways but still off the top of the Channel DownNasdaq (NDX) has been trading sideways since May 30. The 1D MA50 (blue trend-line) is right above with the 1D MA100 (green trend-line) being roughly around the Lower Highs (top) trend-line of the Channel Down.
Based on our previous analysis 2 weeks ago, the index was on a W pattern aiming at the Resistance as part of the Lower Highs formation:
So far so good if you took that buy, you may start taking profit at will. The reason is that only a break above the 1D MA100 can justify further buying and that's only to the 1D MA200 (orange trend-line), which last time rejected the uptrend from March 29 to April 05. Until the Lower Highs break, the trend is bearish towards the 11500 Support. A confirmed sell if you are looking for a lower risk factor, would be when the MACD makes a Bearish Cross.
As for a long-term bullish reversal only a weekly candle closing above the 15300 March 29 High can sustain it.
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Did NASDAQ potentially hit bottom?!NDX just hit and bounced off a major support level.
Over the last 18 years, as shown in the chart, this support level has proven to be a historical pivot point for the Nasdaq index. As per the attached chart image, every time the index hit this support level (150 MA on weekly candles), it has bounced off the moving average, and reversed into either short term or long term bullish trend. You can watch our full video explaining this by clicking on the link below.
In addition the Stochastic indicator is telling us that the NDX is oversold and overstretched, and is due for a rebound rally at minimum, or potential change to a bullish momentum.
NASDAQ on a W pattern.Nasdaq (NDX) has been trading within a Channel Down since its All Time High in late November. The 1D RSI has turned sideways since April 26 and that resembles the flat period of February 01 - March 14. That was a W formation that rebounded and reached the overhead Resistance upon its completion.
We may form a similar W pattern again with the Resistance this time being around 13580, which is where the 1D MA50 (blue trend-line) currently is. A break below the recent Support though, would invalidate this pattern and most likely push Nasdaq to the 1W MA200 (red trend-line), which is the long-term Support and has been untouched since July 06 2010!
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Nasdaq Analysis UpdateAs I analysed this morning price did come to 11687 area where it couldn't break and bounced back up going to 12132 area. Here price maybe be respected which can result in price being pushed back down to 11687 area which if broken can go down further. I think the next 4 hour candle will close above the centre line and the next 4 hour we may see price coming back down and closing below the centre trendline. Will see how this will play out
Nasdaq Analysis Hi Everyone,
Nasdaq is in a key area of resistance also the centre of the trend line if broken can reach 12874 area, also the top of the channel. However with the current market state I would expect price to push down again to previous lows of 11600 area and break through this to reach the next monthly support of 11000.
Key to remember, The moon is not the target, alway have a TP, break evens, take partials, so you don't let the market eat away everything.
NASDAQ At the Bottom or 1WMA waiting?he Nasdaq (NDX) index is very close to the Lower Lows trend-line of the Channel that started the correction in Dec. Technically, as long as the Lower Lows line holds, we may see either a +10% rebound or a 0.618 Fibonacci retracement level rebound and That basically gives us two Midterm targets 13400 and 14000 depending on your risk Management.
However, a 1D candle close below the Lower Lows, can be enough to extend this long-term selling towards the 1W MA200 . The last time this trend-line got hit was on Mar 23 2020 , which made the bottom of the COVID market crash.
NASDAQ Channel Down bottom but attention as the 1W MA200 awaitsThe Nasdaq (NDX) index is very close to the Lower Lows (bottom) trend-line of the Channel Down pattern that started the late December correction. Technically, as long as the Lower Lows line holds, we may see either a +10% rebound (as with the January 24 low) or a 0.618 Fibonacci retracement level rebound (as with the March 14 low). That gives us two medium-term targets (13400 and 14000 respectively) depending on your risk tolerance.
However, a 1D candle close below the Lower Lows, can be enough to extend this long-term selling towards the 1W MA200 (red trend-line). The last time this trend-line got hit (and offered Support) was on March 23 2020 (and that was on the futures), which made the bottom of the COVID market crash.
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