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NASDAQ 100 CFD

SPX, Now 13th Oct low is critical !Taking out 3806.91 minor high puts 13th Oct low (3491.58) in a critical position. As explained in my previous publications, there was a chance for best case scenario and market bounce at 0.5 Retracement of rally after pandemic low and Bulls, Bottom fisher and Dip Buyers took the chance however, is this best case scenario going to happen? Bulls should pray for market to sustain last created low ! I showed two different yet possible scenarios on the chart: On the left side of the chart ,shown in green, we have our best case scenario which calls for completion of an ABC form of correction. With yesterday's taking out 3806.91 minor high we have now a proof for termination of last down going wave which is labeled as wave C. If this is going to happen , SPX will see unbelievable upside targets. The key for this scenario is 3491.58 low. As far as index is above this low, market is safe for bulls. On the right side of the chart, shown in red, we have our terrifying scenario which suggests painful targets for SPX. I am sure that you can see powerful resistances in this chart. Index is below 50,100 and 200 days moving average and also below major down trend line. I intentionally excluded these resistances from best case scenario chart to show how optimism can make us ignore what we should see. Is market able to break all these powerful resistances and continue it's way up to new ATH and unbelievable targets? If not, Market will see very unpleasant, terrifying painful targets. Macroeconomics, War and energy crisis, Inflation and FED's series of rate hikes do not support best case scenario but market is crazy sometimes. For me and to be in safe side, breaking out mentioned resistances is necessary to be sure about market up trend. Please keep this golden statement in mind : " Sometimes best thing to do in market is doing nothing " Good Luck.
SP:SPX
by SaeedSajedi
8
Feels like the market is coiled up like a spring Bulls take a position, get trapped; bears jump in and get trapped as well. A coil. Stops are placed. As they should. If the coil breaks out, half the crowd will quickly be wrong and bail. The market will eventually pick a way, discover price. Up down, cant do sideways forever. Crypto is rising, cpi is slowing. gasoline is cheaper. Cnn sentiment index is at 'greed". Percentage of stocks above moving averages is elevated. Vix is in downtrend and low end of range. Valuation is still above historical 15 PE and shiller PE is near 29. Many stocks are at 20 plus PEs, especially large caps, despite analyst show slower growth. old trader sayings: "from failed moves come fast moves" "stocks move in the direction that hurts the most people" "stocks always go up" "buy high and sell higher" Sound financial guidance recommends you only invest money you wont need for 5 years or more. Good luck and dont risk money you can't afford to lose. QQQ RTY IWM
TVC:NDQ
by ValuePig
6
NQ1! NAS100 NASDAQ 2023 JAN 15 NQ1! NAS100 NASDAQ 2023 JAN 15 Did 2 trades last 2 weeks based on Scenario1 from 01 Jan's Analysis. Intraday Test and Accept Long at 10787, TP200pts, and continuation long on retracement on Tue 10 Jan No demand on uptrend on all 3 TF analysis, minor weakness but no trend changing weakness yet. Will look for long on retracement. Possible scenarios: 1) Long if accepted at 11385 2) Short if rejected between 12400 - 11908.50 3) Breakout of rotation = possible long if price continues to trade at upper boundary of rotation zone. 4) If Rotation happens between 12400 - 11908, trade at boundary of range. Volume Analysis: Weekly = Low vol up bar close at high = No Demand Daily: Low vol up bar close toward high = No Demand H4 = Low vol up bar close off high = No Demand Price reaction levels: Short on Test and Reject | Long on Test and Accept 12987 12400 - 11908 11729 11385 10710 Remember to Like and Follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:NQ1!
by paradox677
Nasdaq Analysis 12.01.2023Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
FX:NAS100
by basictradingtv
31
Will Powell's speech spark another rally or spook the market?In our previous post on the Nasdaq index, we stated that the bullish breakout above the descending channel would bolster the bullish odds in the short term. Furthermore, we said that in such a scenario, we would closely observe volume and the ability of SMAs to halt the price rise. Interestingly, after the breakout, NQ1! jumped approximately 3.8% and stopped slightly below the 50-day SMA before returning below the 20-day SMA (falling within the scope of natural retracements after the price deviates too far from a moving average). At the same time, the volume picked up, reflecting an increase in selling pressure. Despite this bullish development, we remain bearish on the index, which follows what we stated before about the breakout not impacting the primary bearish trend. Therefore, today, we will pay close attention to Jerome Powell’s speech. We expect him to reiterate that the FED will stay committed to hiking rates throughout 2023 and achieving its goals over time. Depending on Jerome Powell’s tone, market participants might find signs of a pivot in his words, potentially sparking more upside in the short term. Contrarily, an overly hawkish tone might spook the market into selling. Therefore, we raise a word of caution over a potential increase in volatility. Expected dates of upcoming earnings for FAANG stocks in 2023: Netflix - January 17th Alphabet - January 31st Meta Platforms - February 1st Apple - February 2nd Amazon - February 2nd Illustration 1.01 The picture above shows the daily chart of NQ1!. The yellow arrow indicates the breakout above the upper bound of the descending channel. Technical analysis Daily time frame = Slightly bullish Weekly time frame = Neutral Illustration 1.02 Illustration 1.02 shows the daily chart of NQ1!. The yellow arrow indicates the retracement to 20-day SMA and 50-day SMA. To support a bearish case, we want to see the price stay below the 50-day SMA. Additionally, (ideally) we want to see a further increase in volume accompanying a price decline, followed by the breakout's invalidation. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
CME_MINI:NQ1!
by Tradersweekly
32