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NASDAQ 100 CFD

Arbitrary LinesBabylon, the city where everybody spoke different languages. In the end, Babylon met grave consequences. (Macro perspective of the main chart) Citizens of Babylon, in our case traders, can barely communicate. They all speak in different timeframes, and with contradicting interests. Which translator in their right mind can untangle spaghetti? Many different lengths of regression. How can any translator give a geographic position of anything? Even if I try to make an argument... ... I am plotting arbitrary lines. (bearish trendlines) A line is nothing but weak. It can easily "disprove" what I have "proved". (bullish trendline) If we are to leap ahead, we must throw away all of which we are sure to be correct. Surely there is something we can agree upon, right? For I was conscious that I knew practically nothing... -Plato It seems that everything is based around the chaos theory. The flight of a butterfly can affect tornadoes. Traders (like me) fall in the trap of making chaos into facts and arguments, and conclude into definitive answers. Clean and ordered answers taken out of chaos. Ordo Ab Chao Is anything/everything that we do a desperate attempt to revert entropy/chaos? Like an insane ritual? Maybe we know nothing. Maybe making arguments and conclusions is meaningless. Tread lightly, for this is hallowed ground. -Father Grigori
NASDAQ:NDX
by akikostas
3
NASDAQ The target is no less than the All Time High.Nasdaq (NDX) smashed through our bullish target when we issued a buy signal (see chart below) 2 weeks ago: Right now it is on a minor pull-back after hitting Resistance 1 (15930) yesterday, which is the July 19 High. That was the firs High of a potential Megaphone pattern and its structure so far resembles the Megaphone that formed the market bottom (October - December 2022) after the 2022 Inflation Bear Cycle. Technically there are high probabilities that we are on the final bullish leg towards the Higher Highs trend-line, which in January 2023 extended as high as to complete a +20.50% rise. It also reached the 2.0 Fibonacci extension. A repeat of that magnitude would push the index marginally above the 16780 All Time High (ATH) of November 22 2021, and that is our current medium-term target. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US100Long
by TradingShot
5
MSFT ~ Snapshot TA (Daily / Nov 2023)NASDAQ:MSFT chart mapping/analysis. Bullish price momentum within an ascending parallel channel (green). Bull target(s) Breakout above ascending trend-line resistance (white dotted) Upper range of ascending parallel channel (green) Upper range of ascending parallel channel (light blue) 23.6% Fib + ascending parallel channel(s) confluence resistance zone Bear target(s) Underlying gap fills (~357.54 / ~339) Ascending trend-line support (white dotted) 38.2% Fib Lower range of ascending parallel channel (green) 38.2% Fib + parallel channel (green) confluence support zone 50% Fib Gap fill (~280.39) + Golden Pocket Fib confluence support zone Lower range of ascending parallel channel (light blue)
NASDAQ:MSFT
by BlueHatInvestor
NFLX ~ Snapshot TA (Daily / Nov 2023)NASDAQ:NFLX chart mapping/analysis. Bullish recovery back into ascending parallel channel (green). Bull target(s) Breakout descending parallel channel (white) + descending trend-line confluence resistance Overhead gap fills (~470 / ~506.93 / ~566.88) Golden Pocket Fib + gap fill (~506.93) confluence resistance zone Bear target(s) Underlying gap fills (~412.52 / ~354.79 / ~341.38) Ascending trend-line support (light blue dotted) 38.2% Fib 23.6% Fib
NASDAQ:NFLX
by BlueHatInvestor
5
NVDA ~ Snapshot TA (Daily / Nov 2023)NASDAQ:NVDA chart mapping/analysis. Breakout/bullish price momentum pushing higher within an ascending parallel channel (green). Bull target(s) Golden Pocker Fib Ascending trend-line resistance (white dotted) 78.6% Fib (+1) Bear target(s) 50% Fib (+1) Descending trend-line support (white dotted) aka "return to scene of crime" 38.2% Fib (+1) Underlying gap fill (~423.81) + lower range of ascending parallel channel (green) confluence support zone 23.6% Fib (+1) Lower range of ascending parallel channel (light blue) + gap fill (~306.01) confluence support zone
NASDAQ:NVDA
by BlueHatInvestor
TSLA ~ Snapshot TA (Daily / Nov 2023)NASDAQ:TSLA chart mapping/analysis. Continuation of bearish price momentum. Bull target(s) Breakout above 38.2% Fib Overhead gap fills (~242.08 / ~289.52) Descending trend-line resistance (white dotted) 50% Fib Upper range of descending parallel channel resistance (white) Ascending trend-line resistance (green dotted) aka "return to scene of crime" 50% Fib + trend-line/parallel channel "super" confluence resistance zone Gap fill (~289.52) + Golden Pocket Fib confluence resistance zone Bear target(s) Ascending trend-line support (green dotted) Descending trend-line support (white dotted) 23.6% Fib Underlying gap fills (~162.95 / ~146.41 / ~122.63 / ~114.39) Lower range of ascending parallel channel (light blue) + gap fills(s) (~146.41 / ~122.63) confluence support zone(s)
NASDAQ:TSLA
by BlueHatInvestor
1
MV=PQ RevisitedHistorical data can be hard to compare against modern ones. The longer back an analyst goes, the better the results of their analysis. 100 years of yield rate analysis may seem enough... 5000 years of interest rates however is a whole new story. Money has been as cheap as it has been for the past 5000 years. Incredible numbers... Source: www.trustnet.com Fun Fact: Banks have existed since the early days of humanity! Unsurprisingly, trading is not a modern invention. Many agree that yield rates have been too low and equities too high. Some go against the flow and suggest that the stock market bubble has yet to come. I have been looking here and there, trying to find the reason the .com bubble was created in the first place. With that in mind I hoped that I would find when the next one will come... Price has just skipped through the previous ceiling, and is now in a new territory. The drawn channel suggests that SPX hasn't reached the top of its channel. There are many more comparisons that may suggest that equities haven't peaked. By comparing DJA with one of its subsets (DJI) we have concluded that the DOW hasn't saturated yet. This analysis above is as classical as it gets. While many thought equities would die ... ... the Bane of Traders has trapped many of us, myself included. Big-Tech dominance inside Nasdaq Composite suggests that a .com bubble may be brewing inside IXIC, just like we saw in SPX/CPIAUCSL in 1994. Onto the basics of financial now. MV=PQ is one of the foundations of how economies function. For more information read my previous idea: For simplicity reasons, we merge PQ. I don't have financial data for each one of them. PQ for the US is considered as the GDP. Another example of GDP can be SPX, which extends beyond the limits of US soil. GDP has been slowing down... USGDP is the total cost of all products produced in the US. A slowing GDP means a slowing net-production of the US market. If productivity hasn't changed significantly in the past decade, a slowing GDP may be due to falling prices. And with yield rates nearing zero in 2020, we can safely say that inflation has turned negative in the US. A slowing GDP may also mean that equities have slowed down. This gives more importance to the incoming-equity-bubble scenario. An equity bubble may come for some, but not for all. The tide has turned in favor of NDX against IXIC, and DJI against DJA. Charting suggests wealth accumulation in a smaller part of the main idices. GDP may be breaking out. With money velocity (main chart) in record-low values, we can expect faster money flow in the years to come. That means increased productivity/inflation/GDP. As expected, long-term inflation may also be breaking out of its decreasing trend. Don't forget: High inflation may be a problem for some. An increased GDP growth caused by high inflation will certainly help the chosen big-ones. There cannot be high GDP with nobody profiting from it. To get rich you must inherit or steal. -Aristotle Onassis In the end, trading hasn't changed at all in 5000 years. There are still pirates, kings, queens, emperors and peasants. Markets will march upwards with or without us. Tread lightly, for this is hallowed ground. -Father Grigori
FRED:GDP
by akikostas
1
Strong Cup & Handle pattern on the weekly $IXIC chartToday witnessed a robust bullish surge in the Nasdaq with a cup and handle pattern (Very similar on the S&P500 too). Introduced in 1988 by analyst William O’Neill, the cup and handle pattern signifies a bullish continuation pattern activated by consolidation following a robust upward trend. While the pattern requires time to evolve, its recognition and subsequent trading become relatively straightforward once it materializes. As with all chart patterns, trading volume and supplementary indicators should be employed to validate a breakout and the sustained bullish trajectory. To validate the pattern, adherence to several rules is imperative: - The cup with handle pattern must follow a significant bullish movement (Checked: +130% in 87 weeks). - The lowest trough of the cup must be below 50% of the preceding bullish movement (Checked: -37%). - The lowest trough of the handle must be below 50% of the cup’s height (checked: -13%). Key statistics on cup with handle patterns, courtesy of CentralCharts, include: In 79% of cases, the exit from a cup with handle pattern is bullish. In 73% of cases, the cup with handle pattern’s price objective is reached (half the cup’s height), after breaking the neck line. In 74% of cases, after exit, the price makes a pullback in support on the neck line. In summary, the cup and handle pattern signifies a bullish continuation pattern, initiated by consolidation after a robust upward trend. While its development requires time, once formed, recognition and trading are relatively straightforward. Employing trading volume and additional indicators is crucial for confirming a breakout and sustaining the original bullish price movement. PS: I think that a perfect cup and handle pattern would be form on the breakout of the 14300 neckline
NASDAQ:IXIC
by jimmplan
1
The Emperor's New ClothesYou don't need to believe in fairytales to realize that there are kings, queens and peasants. As if not a single day has passed since the Medieval times. Poor get poorer, and rich get richer. As the folklore said, the emperor decided that he needs new clothes. And so he demanded from the entire kingdom that he finds the finest. Two swindlers arrive at the capital city of an emperor who spends lavishly on clothing at the expense of state matters. Posing as weavers, they offer to supply him with magnificent clothes that are invisible to those who are stupid or incompetent. Source: Wikipedia And here we are. Looking at the magnificent clothes of the naked emperor. The emperor however is still an emperor, no matter what he wears. And he gets to enjoy the fruit of his peasants' labor. Post 2020 profits for the naked few. Until today, we are too smart not to see the clothes of the emperor. No sane person can possibly call themselves incompetent. The ghost of the emperor lives on... ...until one child realizes, that there are no clothes in the first place. We have reached the very last days of the emperor's dignity. Trend change begins when only one changes direction. Others soon follow. Volatility increases after a tiny "butterfly-event" causes one member to destabilize. SPX Stability: Then volatility swallows everyone. Parasites have riddled the economy. There is only a limited amount of time for parasites to feast. The time will come, when there will be no food left. It is at that time when the real "fun" begins... Tread lightly, for this is hallowed ground. -Father Grigori
NASDAQ:NDX
by akikostas
2
SPX And The CPI WeekThe S&P500 index SPX surged by +1.31% last week to close above 4400 resistance level. The index is showing that there's more potential is yet to come, to hit 4520 next. The week ahead: The meeting between US President Biden and China President Xi is the highlight; there is also US CPI and retail sales, the former being a key input into the Fed's policy deliberations; China activity data will also be released. Sectors that may witness higher volatility are; Big techs, EVs, Oil & Gas and Semiconductors stocks.
SP:SPXLong
by AlyaAkram
META ~ Snapshot TA (Daily / Nov 2023)NASDAQ:META chart mapping/analysis. Bullish consolidation higher within an ascending parallel channel (white). Bull target(s) Breakout above descending trend-line resistance (white dotted) Overhead gap fill (~361.59) Prev ATH + upper range of parallel channel (light blue) confluence resistance zone Bear target(s) Ascending trend-line support (green dotted) Golden Fib Pocket Lower range of ascending parallel channel (white) 50% Fib Underlying gap fills (~214.11 / ~201.03 / ~183.78) 38.2% + gap fill (~201.03) confluence support zone
NASDAQ:META
by BlueHatInvestor
GOOGL ~ Snapshot TA (Daily / Nov 2023)NASDAQ:GOOGL chart mapping/analysis. Multi-year consolidation/pennant pattern formation. Bull target(s) Overhead gap fill (~137.42) Descending trend-line resistance (white dotted) - plus breakout? TBC Previous ATH + upper range parallel channel (light blue) confluence resistance zone Bear target(s) 23.6% Fib + gap fill (~126.49) confluence support zone Ascending trend-line support (green dotted) Underlying gap fill (~117.71) 38.2% Fib + gap fill (~112.94) confluence support zone Ascending trend-line support (white dotted) 50% Fib Golden Pocket Fib
NASDAQ:GOOGL
by BlueHatInvestor
AMZN ~ Snapshot TA (Daily / Nov 2023)NASDAQ:AMZN chart mapping/analysis. Consolidation within ascending parallel channel (green). Bull target(s) Ascending trend-line resistance (white dotted) Upper range of parallel channel (green) + 78.6% Fib confluence resistance zone Overhead gap fill (~163.27) Bear target(s) 61.8% Fib Underlying gap fills (~133.57 / ~121.64) 50% Fib lower range of ascending parallel channel (green) 38.2% Fib Upper range of descending parallel channel (light blue)
NASDAQ:AMZN
by BlueHatInvestor
AAPL ~ Snapshot TA (Daily / Nov 2023)NASDAQ:AAPL chart mapping/analysis. Clear breakout of descending parallel channel (white). Bull target(s) Overhead gap fills Previous ATH (~197.70) Ascending trend-line resistance (green dotted) Upper range of ascending parallel channel (light blue) Bear target(s) Descending parallel channel (white) aka "return to scene of crime" 23.6% Fib Ascending trend-line (green dotted) + 38.2% Fib confluence support zone Descending trend-line (white dotted)
NASDAQ:AAPL
by BlueHatInvestor
NASDAQ Huge success, now targeting 16000!Nasdaq had a great run hitting our 15000 target after we called a buy on the exact bottom on Oct 26th (chart link in the end). Now the price broke over the 4 month Channel Down, which on the greater scale turns out to be just a long Bull Flag, and is aiming at Resistance A and B. In fact based on the fact that the current rally started when the 1day RSI bounced on the 33.30 Support and the 1day MACD formed a Bullish Cross on the exact same level as the January pattern, we expect the trend to follow a similar path with the 1day MA50 supporting from now on. Buy again and target 16000 (Fibonacci 1.5 extension like the February 2nd top). Previous chart: Follow us, like the idea and leave a comment below!!
CAPITALCOM:US100Long
by TheCryptagon
🧽 Mister Poper. Meet The Cleaner Of Your DreamsCopper price continued to provide negative trades affected by the frequent stability below the additional barrier at 3.7280, to manage to reach some negative stations by touching 3.6100. Also, RSI stochastic continues to provide the negative momentum to allow us to suggest forming new negative waves to attack the additional support near 3.5000 followed by monitoring its behavior to manage to confirm the upcoming trend. The expected trend: Bearish
COMEX:HG1!Short
by Pandorra
Are we about to see a new era of expansion for the tech sector?This is the Nasdaq to Dow Jones ratio (NDX/DJI) on the 1W time-frame (with the RSI on the 1M), which offers very interesting conclusions as to where we are on the large scale of things, which can be particularly helpful now as the shorting bets have been increased to the most in 5 years. The recent pull-back since the July Highs, have made market critics call for a stronger correction. for the NDX/DJI pair, this has just been a consolidation. Going back to 2000, the tech sector witnessed a 'biblical' Bear Cycle as the Dotcom Bubble popped. It wasn't until November 2021 that the NDX/DJI ratio reached this 0.47 All Time High (ATH) Resistance but again as we saw, the inflation crisis happened and had a 1 year Bear Cycle. Now the ratio is almost back to the ATH Resistance and just formed a 1W Golden Cross, which is a very bullish pattern, the first since October 2007. What's really interesting is that this consolidation on a 1W Golden Cross is quite similar to the July 1991 pattern. That fractal was basically the expansion phase that led to the Dotcom Bubble burst. The 1M RSI sequences are similar between the two fractals. This chart shows us that such expansions take place inside Channel Up patterns. The 1W Golden Cross and a potential break above the 0.47 Resistance, may be the signal telling us that the technology market is starting a new era of expansion and it won't be surprising even fundamentally. Among other technological advancements and inventions, we are in the era of A.I. and that can be the vehicle to grow the market to unprecedented highs just like the internet was in the 1990s fractal that led to the 2000 Dotcom bubble. Do you think the time to invest in tech long-term is now? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:NDXLong
by TradingShot
2
US100 ~ November TA Outlook V2 (4H Intraday)CAPITALCOM:US100 chart mapping/analysis V2. Always good practice to revisit your chart(s) after couple days with a refreshed perspective, to determine whether your initial TA has complimented developing price action, or your drawings need to be updated/overhauled. Revisit updates: Re-adjusted ascending parallel channel (green line) + highlighted middle trend-line (white dashed) to emphasize potential resistance of breakout price action Extended descending trend-line (light blue dotted) to connect pivot points from Nov 2021 Dec 2021 peaks Remaining TA drawings have held up so far, TBC.
CAPITALCOM:US100Long
by BlueHatInvestor
09112023 - #NDXNDX posted the first red day after 7 days. Given the extent and many of days of rally, a pause is expected; that is why I said to be cautiously bullish yesterday. And still, yesterday's buy level at 15230 worked almost perfectly as it hit and went up 100 points. Price action is neutral IMO but overall momentum is slowing down. If we look at the daily chart and draw a trendline, we can see that NDX has broken out of the trendline resistance. Possibly time for a dip, retest of trendline before further down (or fake down)? IMO, NDX can well chop for the next few days, wait for a major news trigger then make its own move. Price is now rather high; going long from here definitely requires much cautious. If not, yes, I do not deny we can well skip this instrument and wait for a bearish daily candle to reevaluate if it is time to go short. But for now, to trade this instrument, price either, 1) range around the PZ, then rally, possibly during US session, or 2) dip during European session and re-test the lows, find support and start to go up or , 3) if it is to re-test the trendline, 15155 would be a low risk level to find buying opportunities IMO.
OANDA:NAS100USD
by FadeMeIfYouCan