NASDAQ 100 Drops! Short Trade Confirmed, Eyeing First TargetThe NASDAQ 100 has confirmed a short trade with a strong bearish move below the entry at 20263.46. The price is progressing towards the first profit target (TP1), though it has not yet been reached.
Key Levels
Entry: 20263.46 – The short position was confirmed as the price broke below this level, signaling bearish momentum.
Stop-Loss (SL): 20378.68 – Placed above the recent resistance to protect against potential upside reversals.
Take Profit 1 (TP1): 20121.04 – The first target, not yet reached, but in close proximity as the downward trend continues.
Take Profit 2 (TP2): 19890.59 – The next target in case of continued bearish pressure.
Take Profit 3 (TP3): 19660.15 – A further downside target, aligning with the next support zone.
Take Profit 4 (TP4): 19517.73 – The ultimate profit target, marking a significant decline.
Trend Analysis
The price has broken below the Risological Dotted trendline, confirming strong bearish sentiment. The market is likely to move toward TP1 if the selling pressure continues. The downward momentum suggests further potential to reach deeper profit targets.
The NASDAQ 100 short trade is progressing well after confirmation, with TP1 at 20121.04 in sight. If the bearish trend holds, further downside targets are expected to be reached.
NASDAQ 100 CFD
NASDAQ Channel Up with more room to rise.Nasdaq (NDX) eventually held the 1D MA50 (blue trend-line) and no significant correction took place, a development that should extend the uptrend within the 2-month Channel Up. Technically we are still on its Bullish Leg.
We have had two rallies so far within this structure the most recent +11.00% and the one before +15.50%. Assuming there is a declining rate on those by -4.50%, we can assume that the current one will peak at +6.50% from the October 01 Low, which is ideal as it gives a 20900 short-term Target exactly at the top of the Channel Up.
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xauusd h1 short from resistance tp 2635 usd🔸Hello traders, today let's review 1hour price chart for gold. Strong
V-shape recovery in progress off the recent lows, however heavy
overhead resistance will trigger a pullback from S/R levels overhead.
🔸Strong resistances at 2665 and 2675. key S/R bulls at 2635 usd.
currently getting overextended so it's recommended to focus on
short selling rips/rallies from overhead resistance.
🔸Recommended strategy bears: short sell from overhead resistances near 2665/75 SL 2680 USD TP 2635 usd. usd fixed stop loss for this entry at 2680 usd, swing trade setup may take more time to hit target. good luck traders!
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Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
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Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Dotcom Burst vs Tech Burst- i wanted to make this chart for long but i had to wait some confirmations, because i took an higher TF.
- Right now is really interesting to compare the dot-com bubble burst in 2000 versus the actual situation.
- like always i won't talk too much about FA because everything can happen in our world :
- Aliens destroy us.
- Putin push the red button.
- Meteorite hits earth.
- Jerome H. Powell printers no more electricity.
- let's back to the chart and i will try to make it simple :
- This chart is based on a 3 Months Timeframe, so 1 columns = 3 months.
- This graph is based purely on MACD and his Death Cross ( i will call it "DC" to short it)
The Dotcom Burst :
1/ in 2000, Nasdaq took a violent dip before MACD DC. ( 12 Months before ) ( Red Vertical Line )
2/ after that MACD DC, Nasdaq continued his downtrend but the dip started to be lighter for 15 Months. (Orange Vertical Line)
3/ The Storm was over in 2002 and Nasdaq started a consolidation to prepare his next parabolic move. ( Green Vertical Line )
The Tech Burst :
1/ The real dip happened already 12 months from now (Before MACD DC). ( Red Vertical Line )
2/ The MACD DC happened already 3+ months ago from now. ( Orange Vertical Line )
3 / We are still in a downtrend and not yet entered a recovery phase.
- What we can conclude is simple :
- When MACD Death Cross. The big dip is already behind us.
- Right now nothing is really different from 2000 in matter of TA, only the big numbers are different.
- " Mastering trading is anticipating movements, following the flow in real time means you are already late ".
Happy Tr4Ding !
PS : There's also something different in matter of time if u compare those charts. if you find it.. i will congratulate you !
NASDAQ Don't expect any major correction for a while.Nasdaq has been trading over its MA50 (1d) for almost 1 month, establishing it as the new support level.
The long term pattern is a Channel Up and every time the price stayed that long above the MA50 (1d), is has already starting the new bullish wave and spend at least 3 months above it.
The previous two buy waves grew by +48% and +49.90% respectively.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 25500 (+48% from the Channel Up bottom).
Tips:
1. The MACD (1d) is symmetrically on the exact same level where the previous bullish waves have established their price actions above the MA50 (1d). This fully supports a long term rally from here.
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Notes:
Past trading plan:
75% gains BUY/HOLD IWM/RUS2K C*H trade setup🔸Hello traders, today let's review 2daily chart for IWM . Entering re-accumulation stage now, expecting range bound trading during next fer months. We've hit heavy overhead resistace / limited upside currently.
🔸The speculative chart pattern is bullish C*H in progress, expect more range locked price action for a few months as we re-accumulate and get ready to clear the ATH. Measured move price projectiong for the C*H structure is 350 USD, 75% upside from the recommended BUY ZONE.
🔸Recommended strategy bulls: wait for IWM to re-accumulate in the sliding
bull flag formation and get ready to BUY/HOLD low near 200 USD, target
based on measured move projection is 350 USD. good luck traders!
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Always limit your leverage and use tight stop loss.
Can the MAGNIFICENT 7 outperform once more?We have seen the Magnificent 7 (Apple, Microsoft, Google, Amazon, Nvdia, Meta, Tesla) underperform historically but since the start of the year this hasn't been as strong as previously (roughly +35% for M7 against + 25% for Nasdaq). The former can be seen on the left chart while the latter on the right. This goes so far against the aggressive nature of the Magnificent 7 (M7), which have outperformed Nasdaq on all previous rallied by around +50%.
In fact the M7's first major rally (2016 - 2018) rose by +140% while NDX's by +97%. The second major rally (2019 - 2021) registered +315% for MA7 and 'just' +185% for NDX. If there is any progression between them, we can argue that the current rallies will be even stronger. Of course the sample isn't big enough for solid conclusions and multi-year rallies can't keep getting stronger on each Cycle for ever.
What is reasonable to count on however, is that as the Fed stepped in recently and gave the market the first Rate Cut in years, a new Cycle of cheap money to invest with has started and we can expect rallies of equal strength with the previous ones. For M7 (+315%) that's $440, so around +60% from the current levels, while for Nasdaq (+185%) that's 30000, so around +47% from the current levels. Not an incredible difference considering the risk that highly volatile stocks like the M7 bear. This could be a sign that the market is shifting to other stocks during this Cycle and the M7 potential may be fading.
In any event, do you think the Magnificent 7 will start to outperform Nasdaq again and if so is this worth the risk than investing your capital on the 100 companies of the index?
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NASDAQ Fully bullish on a Channel Up.Nasdaq / US100 is making a rebound inside the Channel Up initiated on Sep 6th.
The pattern is similar to the Channel Up of the April 19th low, which stayed above the 1day MA50 and targeted the 2.618 Fibonacci level.
The 1day RSI indicates that we are on a similar level as May 31st.
Buy and target 22400 (Fib 2.618).
Previous chart:
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NASDAQ: Bullish breakout is taking placeNasdaq is marginally bullish on its 1D technical outlook (RSI = 57.848, MACD = 196.930, ADX = 44.220) and that shows the strong upside that the 1H momentum has today. Technically it is on a similar situation like Sep 19th when it crossed over a Channel Up and made a +3.00% rise on the 2.0 Fib. A 1H Golden Cross is about to take place, so we think that is a strong buy entry to target a +3.00 rise (TP = 20,300).
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NASDAQ INDEX (US100): Bullish Move From Support
US100 has a nice potential to go up from a key daily horizontal support.
As a confirmation, I see a double bottom pattern on a 4H time frame
and a confirmed breakout of its horizontal neckline.
Goal: 20000
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NASDAQ critical crossroads for the short-term.Nasdaq (NDX) recovered its 4H MA50 (blue trend-line) on Friday, which is something that puts the short-term pull-back since September 26 on hold. In fact, as long as the 4H MA200 (orange trend-line) holds, the index is more likely to resume the long-term Channel Up pattern and post a similar +11.00% rebound. So for now, we remain bullish, targeting 21600 (+11.00% from the last week's low).
If on the other hand the 4H MA200 breaks, we will most likely extend the short-term correction all the way to the dotted Higher Lows trend-line. Of course in that case, the (blue) Channel Up will be invalidated, and we will take the loss on the long and sell instead, targeting 19000.
The 4H RSI is posting a Bear Flag similar to August 29 - September 02, which favors the bearish scenario.
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NASDAQ - Short active !!Hello traders!
‼️ This is my perspective on NASDAQ.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect bearish price action after price filled the imbalance and rejected from OB + trendline.
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TSLA: 125% gains Best Level to BUY/HOLD 🔸Hello traders, today let's review 4hour price chart for TSLA.
Currently a mixed package overall with limited upside potential,
I don't recommend entering any buys at current price.
🔸Ongoing accumulation since May 2023, significant lows printed
in April 2023 / 2024, so I'm tagging April 2025 as a potential reversal
for TSLA / bottom buying near range lows totally makes sense.
🔸Accumulation range defined by range lows at 175 usd
and range highs at 255 usd. premium prices below at 145/165
and above at 280 and 305 usd.
🔸Recommended strategy bulls: expecting pullback based on measured move projection set to extend further down towards 175 usd. currently
trading at 250 usd, no entries recommended on buy side. This is a
trade setup for patient traders. may take more time to develop.
conservative target is 350 USD, so +125% gains off the lows.
🔸Finally, check out the TSLA related story below and let me know
in the comments section if you'd like to get more updates like this.
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Year 2030. Tesla coupe safely lands on Mars. Exploration mission
starts in April 2030.
▪️ In this fictional tale in 2030, Tesla founder Elon Musk and his wife Grimes make a historic landing on Mars, marking a new era in space exploration.
▪️ Upon arrival, they establish a settlement called "New Teslaville," aiming to turn it into a sustainable colony for future generations.
▪️ Their first day involves setting up essential infrastructure, including solar panels, an oxygen generator, and a Mars rover.
▪️ The next day, they plant a Tesla flag on Mars, signifying humanity's first successful landing on the red planet.
▪️ On day three, Musk shares a heartfelt message about the importance of space colonization for humanity's survival.
▪️ After a successful first week, they receive a message from Earth, indicating the start of the "New Mars Era" and their status as the first Martian settlers.
▪️ The couple ends their week by enjoying the Martian sunset in a Tesla coupe.
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
NASDAQ: New buy level approaching.Nasdaq has almost turned neutral again on its 1D technical outlook (RSI = 55.199, MACD = 255.840, ADX = 43.908), which is gradually starting to wave a buy signal again as the price almost hit the 4H MA200. Technically if the 4H RSI approaches the oversold level of 30.000, it is the first buy entry inside the Channel Up. We already have a 4H Golden Cross in our hands. Expect at least a +15.55% rise (TP = 21,150) to complete this bullish wave.
See how our prior idea has worked out:
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NASDAQ This rally isn't over yet.Three weeks ago (September 09, see chart below) we gave a very timely buy signal on Nasdaq (NDX), just after it touched its 1D MA200 (orange trend-line):
As you can see, the index started a relentless rally, breaking the August 22 High, and the Lower Highs trend-line in the process. We don't expect that Leg to be over yet. Based on the two previous Bullish Legs of the 2-year Channel Up, they first touched the Inner Higher Highs trend-line and then pulled back to the 1D MA50 (blue trend-line).
As a result, we expect a continuation of the upside with a short-term Target around 21000 and then after mid to end of October, pull-back towards the 1D MA50 going into the U.S. elections.
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spx &nasdaq in an iminent drop of valuespx showing an iminent short going in value, where it can go? last time i tryed to do the math it would go arround 2700 but without any sure, the major stock whealtiest did a 3x wealth since covid drop, this could be another timer that can quintuple the value, or make more 15x time the value that they had before covid, it is an iminent drop coming, in my opinion, good for everyone even for world economies, to triple their whealth and put the profits in their balance sheet and put time their gdp growth, is a question of timing, after covid drop, that in my opinion, didnt had too much growth in manufactories and jobs, only people gowing ther whealth by the 'inflation' fault,
anyway, there is an iminent drop in the stock market in the western countries, at least, im not into asian market but american indexes are in an eminent significant drop, in my POV.
NASDAQ: Short term bullish if the 1H MA50 holdsNasdaq turned on excellent bullish technicals on the 1D timeframe (RSI = 63.446, MACD = 268.010, ADX = 43.526) and that sets the tone for a strong medium term continuation. On the short term 1H timeframe however, we had a strong pullback today of -1.75%, the strongest inside the the two week Channel Up, but along the lines of the previous two. It managed to reach the 1H MA50 and is consolidating on it.
The 1H MA50 has been holding for the past week and as long as it continues, this will be the best buy opportunity to aim for a new +3.30% rise (TP = 20,600). If it breaks however, the pattern is negated, so keep the SL tight around pattern limits.
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NASDAQ rally until the end of the year supported by the 1dayMA50Nasdaq has held the 1day MA50 after the Fed cut last week and is extending the rally.
The long term pattern has been upward since the 2022 bottom supported by the 1day MA200, which is the best buy entry long term when touched.
The 1week MACD is about to form a Bullish Cross, which is formed after every bottom these past two years.
The main rallies during that time have been more than +30%.
Our target for the end of the year, as long as the 1day MA50 supports of course, is 22500.
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NASDAQ gave the best longterm bullish signal. Is 25300 possible?Nasdaq (NDX) confirmed the bounce on the 1D MA200 (orange trend-line) as argued on our previous analysis (September 09) and the rebound made the ultimate bullish break-out last week, as it crossed above the Lower Highs trend-line of the July 11 All Time High (ATH), giving us the most consistent long-term buy signal on a 2-year basis.
As you can see on this chart that goes as back as October 2022 and the bottom of the Inflation Crisis Bear Cycle, the two times that Nasdaq broke above such Lower Highs trend-line, while being above the 1D MA200, it gave the best buy signal possible, with both rallies peaking after a +49% and +48% rise respectively.
The Sine Waves have also confirmed early this month that the index bottomed and now we have the ultimate bullish break-out confirmation. The longer the 1D MA50 (blue trend-line) holds the better, but even if it breaks (April 2024), we still expect that we are on a similar Bullish Leg that should top in roughly the same way (+47% i.e. one percent less than the previous).
This gives us a long-term Target of 25300 for March - April 2025. We have plotted the Bullish Legs of 2023 and 2024 and as you can see, even though they diverge at times, they always converge again, forming a rough Channel Up, which can be a representation of our estimate course.
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