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Nasdaqsignals

NASDAQ resisting the selling pressure. Well supported for now.This is an update on my previous Nasdaq analysis where I called for potential further rise within a narrower Channel Up at the top of the longer-term Channel before a new technical correction comes: So far this view has been confirmed as the Support of the previous Low (bold black line) is holding. See the similarities between now and the mid July - August Channel Up. The RSI sequences are almost the same following an identical RSI bearish divergence on Lower Highs. That should ultimately lead to a blow-off top around 17000. If the small Channel Up breaks downwards and cracks the previous Low, I expect NDX to seek the 1D MA50 (blue trend-line) and if that doesn't hold either, possibly make a Low on the bottom of the 9-month Channel Up or even the Diverging Higher Lows trend-line. Trade accordingly and with caution as Friday's Nonfarm Payrolls report is very likely to shape the fundamental landscape of this month with regards to the Fed's taper program. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
ULong
by TradingShot
3
Nas100 might rise to 16400 to complete the wedgeWe should expect further consolidations between 16000 and 16400 to complete the broadening wedge. There's high possibility that Nas100 will rise to complete the broadening wedge formation to the top side. A break above the wedge will attract more buying pressure and send price higher to 17000.00 and on the other hand, failure for bulls to break above the wedge, will attract more selling pressure and Nas100 will remain vulnerable to more weaknesses. We should continue to monitor price and further developments while being vigilant with our positioning, following a very good trading plan. Please support this idea with likes and feel free to share your opinion in the comment section below.
FX:NAS100Long
by Forexintelligence_NA
7
Nas100 will continue to rise after a retest of the necklineFriends, if you are enjoying my ideas please show your support with likes and do not forget to follow so you stay updated with new ideas. Congratulations to everyone that followed the previous predictions and followed Nas100 from the bottom. As stated in my previous analyses, Nas100 formed a double bottom which the Neckline got violated to the top. We can expect price to retrace a bit down to retest the neckline before continuing higher. I expect price to react at the previous high before extending towards 17000.00. Do also make sure to check out some of my previous ideas by following the links below. Enjoy
FX:NAS100Long
by Forexintelligence_NA
10
Nas100 update: buy at the break of the necklineThe light is getting clearer, my bias still bullish for Nas100 for the fact that the November 2021 low wasn't breached by bears and this shows that their strength is getting diminished. Looking at current price action, we also see a possibility of a double bottom formation. If the neckline is violated, Nas100 will find its bottom at around 16110.00. For this setup to be more valid, the neckline must be violated to the top. Please make sure to leave a like and if you have different opinion, please be kind and share your opinion in the comment section below. Please consider checking my other ideas. follow the links below to see these previous ideas. Trade smart!
FX:NAS100Long
by Forexintelligence_NA
13
Do not miss this Nas100 buy opportunity Congratulations to everyone that followed my previous sell idea. We saw a very strong drop on Nas100 the past 2 days, dropping with at least 3.80%. Looking at the technically aspect and market structure, we see that Nas100 has printed highs and lows which these Structures still holds. I expect bulls to push price above the November 2021 high and there I expect price to find support. A rise above 16400.00 will attract more buyers and price will be send higher targeting 17000 as the new high. Bears will have a struggle to fully violate the November 2021 high and the low. Please support this idea with likes.
FX:NAS100Long
by Forexintelligence_NA
13
NASDAQ The level that has to holdNasdaq is ahead of critical crossroads as the Lower Highs on the RSI on the 1D time-frames show a bearish divergence against the Higher Highs of the actual price. When the 1D RSI formed this sequence in the past, the index dropped at least -8% but only if the previous Low broke (black support). In mid July the Low held and Nasdaq continued on a small Channel Up towards one last Higher High before eventually correcting -8%. As a result, I expect a Higher High as long as the previous low holds. If broken then a bottom on the Diverging Higher Lows trend-line is possible. In either case the next bullish target is 17000. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
U
by TradingShot
3
After consolidation, Nas100 will be ready to rise for 4000 pointAfter consolidation, Nas100 will be ready to rise for 4000 points. 🔍 Technical expectations: 🔹Further consolidation have to be expected around the local resistance. 🔹A break above the local resistance will send price higher and bears will likely have less control of the market. 🔹I see nothing that can hold the giant index back to reaching for new highs. It has always been on the rise and this is just a fresh new beginning for Nas100 to climb high seeing that it recently bounced up from the high timeframe support. ❗️Take note: Do not take my idea as a general advice or signal and act upon it without your own analysis. I encourage you to follow me that when I post new updates you get informed of this. Please support this idea with a like and feel free to share your thoughts and opinions in the comment section below 👍 Many wishes and trade smart!
FX:NAS100Long
by Forexintelligence_NA
5
Nasdaq/S&P500 ratio. Final stage of the BUBBLE?This is a simple yet very interesting chart illustrating the Nasdaq-to-S&P500 ratio since the 1980s. As you see after a price stabilization in the 1980s, the ratio started to rise but steadily within a Channel Up since 1998. That was when the tech index (Nasdaq) took off fueled by the dot.com mania on a 2 year rally that eventually led to the dot.com crash of 2000. The ratio has been trading within a similar Channel Up since the 2008/09 subprime mortgage crisis. Currently the 1W MA50 (blue trend-line) and the 1W MA100 (green trend-line) are converging in a squeeze evetn that was seen in the 1990s Channel Up at the end of it, when NDX's parabolic rally started. Does that mean that we are about to enter the final 2 year stage of the Bubble? Share your thoughts in the comments section. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
TVC:NDQLong
by TradingShot
10
NASDAQ vastly overbought on 1DSince my last long-term update on Nasdaq 25 days ago, the price accurately recovered from the September correction, and hit both of our targets: Currently however the picture from a technical standpoint seems to be reversing again as the index is approaching the top (Higher Highs trend-line) of the 12 month Channel Up it has been trading on ever since September 2020. The RSI in particular on the 1D time-frame is largely overbought and just a fraction away from the 80.000 Resistance which was last seen on the September 02 2020 market top. As you see on the chart that caused an immediate flash crash of more than -14%, with the index eventually finding support on the 1D MA100 (green trend-line). The 1D MA100 has been an accurate buy level within this Channel Up. A repeat of this -14% correction, depending on where it strikes (I've put it at the top of the Channel Up), could even hit the 1D MA200 (orange trend-line), which is a level the price hasn't made contact with since April 13 2020! Naturally, the strong medium-term swing buyers are expected to be found first on the 1D MA100 again and the long-term target set on the 2.0 Fibonacci extension around 17700. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
U
by TradingShot
9
Nas100 a drop to the downside from resistance is imminent A drop to the downside for Nasdaq100 from resistance is imminent 🔍 Technical expectations: 🔹Nas100 has approached the resistance of the rising channel. 🔹We can expect some more consolidation closer to the resistance. 🔹Fake breakout can be expected, but a health correction to the downside is necessary and more imminent, testing the September 2021 high at around 15700.00 🔹We will closely watch future development at 15700 if bulls will be able to protect this level, if that happens then price will continue to print new record highs. ❗️Take note: Do not take my idea as a general advice or signal and act upon it without your own analysis. I encourage you to follow me that when I post new updates you get informed of this. Please support this idea with a like and feel free to share your thoughts and opinions in the comment section below 👍 Many wishes and trade smart!
FX:NAS100
by Forexintelligence_NA
3
Amazing prediction yesterday and Nas100 still to reach 15400What an amazing prediction it was yesterday. Seeing Nas100 respecting the previous analyses is just such a beautiful thing. Now here is what we can expect: just a slight correction and Nas100 will reach 15400. 🔍What is more?: 🔹I expect some dama at 15400, bears might defend this level and we mustn't be surprised if we see spikes to the bottom at least back to 15200 due to the fact that on 1 hour timeframe there was a divergence on the RSI and Nas100 didn't respect that instead it kept on going it's way up.😂 🔹On the other hand, if bulls successful violate 15400, then Nas100 will continue to lead the way to the top, followed by US30 and S&P 500. 🔹We need to be very cautious engaging with Nas100 today, as there might be anything unexpected in this market. 🤗What do you think? Please comment below🤔 Please support this idea with a like👍 Many wishes!
FX:NAS100Long
by Forexintelligence_NA
10
Expect Nas100 to roar again, next stop 15400A little pull back down is enough for Nas100 to roar again 😂 🔍 My expectations: 🔹A pull back down closer to 15000 psychological level will be enough for bulls to kick in. 🔹Psychological level 15000 and areas surrounding this are historical levels, looking back to August 2021, September 2021 and October 2021 these levels were a battle field for both buyers and sellers, the one that won took the crown. 🔹This time around I expect the bulls to wear this crown if they strongly defend level 15000. 🔹Supporting this idea are my previous analyses. Please follow the link below to view these. 🤗What do you think? Please comment below🤔 Please support this idea with a like 👍 Many wishes!
FX:NAS100Long
by Forexintelligence_NA
NASDAQ Testing the 1D MA50It's been some times since my last update on Nasdaq. As you see on my previous idea below, the break below the 1D MA100 (green trend-line) turned out to be accurate as the index made a Higher Low at the bottom of the long-term Channel Up and rebounded: The first bearish barrier broke when the Lower Highs (inner) trend-line broke. As you see on all past fractals within the Channel Up (since November 2020), that signaled the start of a rise to a new All Time High (and Higher High for the Channel Up). However as the price is now testing the 1D MA50, if rejected, it may take another week or so before resuming the uptrend, assuming the 1D MA100 holds as Support, in a similar way to the March sequence. The long-term targets on Nasdaq remain 15700 and 16350 in extension. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
TVC:NDQLong
by TradingShot
3
NASDAQ on 1D Buy SignalPattern: Channel Up on 1D. Signal: Buy as the price is at the bottom of the Channel Up, below the 1D MA100 (green trend-line, which has accurately given a long-term buy signal 3 times since November 2020) and the 1D CCI is on Higher Lows at its bottom. Target: Short-term 15100 (the 1D MA50), medium-term 15700 (Resistance and All Time High) and long-term 16350 (the 1.5 Fibonacci extension). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> Vergnes --------------------------------------------------------------------------------------------------------
TVC:NDQLong
by TradingShot
6