US100 H1 - Short SignalUS100 H1
Here is a little range we were discussing yesterday evening on the call, this 19,850 resistance price, down to 19,600 support price, a nice 250 point range which could be utilised. I'm not going to go too heavy with the setups today, because until we see the data cluster, we want to observe rather than to be involved so much.
Markets are often hesitant and stagnant around these types of economic events. So lets just sit cash for a while and evaluation post event, hopefully the data will give us some opportunities and entries and the stock market open will really help push the volume and give us some drive we need to yield some nice profit.
NASDAQ 100 CFD
“Nasdaq's Target is 19,500”Today, there is an expectation of a 25 basis point rate cut in the Fed meeting. By the end of the year, a total rate cut of 100 basis points is almost certain. This situation leads to a positive risk appetite being effective on the indices. On the U.S. side, retail sales increased by 0.1%. Meanwhile, industrial production in the U.S. pointed to a positivity exceeding expectations with a 0.8% rise.
Technically, if the resistance level at 19,500 is permanently surpassed, the rise could gain momentum towards the 19,700 and then 19,950 resistance levels. On the downside, if the index falls below the 19,100 level, a pullback towards the support levels at 18,800 and then 18,450 might be seen.
🔀 Bang Bang. Zoom Hit The Ground. Bang Bang. Bears Shot It DownZoom company's video-conferencing service became so ubiquitous during the Covid-19 pandemic that its corporate name became a verb describing the act of firing up a video chat to connect with coworkers online.
Zoom shares VIE:ZOOM rose seven-fold in 2020 as sales surged after millions of workers were stuck at home because of COVID-19 restrictions. By 2021, though, revenue growth slowed, and the stock plunged. The company has shed at least $100 billion in market value since then.
Meanwhile over the past two years, the stock has stagnated because Zoom's video-conferencing service is needed less as businesses continue pushing staff back to the office.
Zoom, one of the main enablers and beneficiaries of remote work, in August 2023 has asked its employees to head back to the office. The company announced that employees living within 50 miles of a Zoom office must work there at least two days a week.
"We believe that a structured hybrid approach – meaning employees that live near an office need to be onsite two days a week to interact with their teams – is most effective for Zoom," a spokesperson said in a statement. "As a company, we are in a better position to use our own technologies, continue to innovate, and support our global customers."
As pandemic Covid-19 is over, many other companies have announced return-to-office mandates, but Zoom's change of heart is surprising given the role its technology plays in remote work. The company's video-conferencing service became so ubiquitous during the pandemic that its corporate name became a verb describing the act of firing up a video chat to connect with coworkers online.
People are back to Travelling. The annual graph for NYSE:RPM , Revenue Passenger Miles for U.S. Air Carrier Domestic and International, Scheduled Passenger Flights.
Meanwhile, there're some important things to say.
Warren Buffett's 99-year-old business partner, Charlie Munger, was surprisingly embraced Zoom during the pandemic. Eric Yuan, the founder and CEO of the video-conferencing platform, celebrated the veteran investor's endorsement of his product on an earnings in 2021.
"I have fallen in love with Zoom," Munger, the vice-chairman of Berkshire Hathaway, said in a CNBC interview filmed at Berkshire's annual shareholder meeting in May, 2021.
"Zoom is here to stay. It just adds so much convenience."
• Munger added that he struck a deal in Australia using the communications tool. He trumpeted its prospects at Daily Journal's annual meeting in February, 2021 as well.
• When the pandemic is over, I don't think we're going back to just the way things were," the newspaper publisher's chairman said.
• We're going to do a lot less travel and a lot more Zooming.
Charlie loves Zoom and uses it frequently for business and to keep in touch with his family, as it's difficult for him to travel.
His business advice was to build a better product or offer a better solution, that it's all about competition, and that successful people are those with the acumen to understand life better than everyone else. He said it's up to you to work harder and better than the next person.
Charlie also said investments are better than money in the bank, and it's important to go to the office to work in person.
The main graph says, Zoom equities just hit the major all history ground support near $59 per share.
NASDAQ Index Overview: Current Market Drivers & Future ProspectsThe NASDAQ Composite Index, known for its heavy concentration in technology stocks, has experienced a rollercoaster ride in recent months. On Monday, the index declined by 0.52%, in stark contrast to the S&P 500 and the Dow Jones Industrial Average, which both saw gains. The NASDAQ’s dip amid the broader market's positive performance highlights the ongoing volatility and shifts in investor sentiment within the tech-heavy index. Let’s take a deeper look into the drivers influencing the NASDAQ Composite.
Current Fundamental Drivers
1. Interest Rate Sensitivity:
The NASDAQ Composite is heavily influenced by changes in interest rates due to its reliance on growth-oriented tech companies. Typically, technology stocks thrive in a low-interest-rate environment as their future earnings become more attractive. However, with the U.S. Federal Reserve poised to cut interest rates in its next meeting, the market is eagerly anticipating how significant these cuts will be.
According to the CME FedWatch Tool, there is now a 67% chance of a larger-than-expected 50 basis point cut. This possibility has drawn investor attention back to tech stocks, which are expected to benefit from reduced borrowing costs. A large rate cut could fuel another surge in technology stocks, but the sector has recently faced headwinds from profit-taking and sector rotation into financial and energy stocks.
2. AI and Semiconductor Influence:
The Artificial Intelligence (AI) boom has been a key driver of NASDAQ’s gains in 2023. Notably, Nvidia, a leading player in AI-related hardware, has seen its stock rise nearly 136% this year, while Meta, which has developed its own AI model, has gained about 51%. The strong performance of these companies underscores the central role AI plays in bolstering the NASDAQ.
Yet, the tech sector is not without challenges. Nvidia, despite being a linchpin of the AI movement, fell 1.95% on Monday, with broader semiconductor stocks also declining. The VanEck Semiconductor ETF, which tracks chipmakers, dropped by 1.31%. This indicates that while AI remains a powerful force, the sector’s performance is susceptible to short-term volatility and broader market conditions.
3. Global Factors:
International developments have also played a role in the NASDAQ’s performance. For example, Japan's Nikkei 225 fell by 1.03% as the yen strengthened against the U.S. dollar, while Hong Kong’s Hang Seng index rose 1.15%, signaling mixed sentiment in the Asia-Pacific markets. These fluctuations impact U.S. tech stocks, as many are global companies with exposure to international markets.
The strengthening Japanese yen has been particularly significant as it can affect U.S. exports, including high-tech products, reducing profitability for tech giants that rely on global sales. The Bank of Japan’s upcoming policy decisions in October and December could further influence currency fluctuations and global tech performance.
Technical Analysis
From a technical perspective, the NASDAQ Composite remains in a precarious position. As of this writing, the index is down by 0.47%, and the technical indicators offer a mixed picture of where it could be headed.
1. RSI Momentum:
The Relative Strength Index (RSI) for the NASDAQ currently stands at 55.48. This suggests that the index has room for further upward movement, but is hovering in a neutral range. The RSI hasn’t entered the overbought zone, indicating that while the index has potential for growth, it could face resistance as it approaches key levels.
2. Trend Channel and Support Levels:
The NASDAQ Composite has been trading within a rising trend channel since the fourth quarter of 2023. The index’s ability to maintain its position within this channel is crucial for its continued growth. The 16,000 pivot level serves as a significant support point. A breakdown below this level could catalyze a bearish move, leading to a potential reversal of the recent gains.
Investors and traders are keenly awaiting guidance from U.S. Federal Reserve Chair Jerome Powell, whose upcoming speech could provide critical insights into the Fed’s policy outlook. Any hawkish comments or signs of hesitancy in cutting rates may weigh heavily on the NASDAQ, especially given its reliance on lower borrowing costs.
3. Sector Rotation and Divergence:
One notable observation is the sectoral shift from technology stocks into other parts of the market. On Monday, financial and energy stocks outperformed, with both sectors rising by over 1%. This divergence reflects the broader trend of investors reallocating capital in anticipation of lower rates. Financial stocks, in particular, have been beneficiaries of this rotation, as hedge funds made their largest purchases of financials since June 2023, according to Goldman Sachs.
Outlook and Conclusion
In summary, the NASDAQ Composite is at a crossroads, with fundamental and technical forces pulling in different directions. On the one hand, the prospect of significant interest rate cuts could revive enthusiasm for tech stocks, while on the other, the index’s technical indicators suggest caution, especially if it breaks below the critical 16,000 support level.
For investors, the upcoming Federal Reserve meeting will be pivotal. If the central bank delivers a larger-than-expected rate cut, the NASDAQ could rally, with AI and tech stocks leading the charge. However, any disappointment from the Fed could trigger further sector rotation, pushing investors toward less volatile sectors like financials and energy.
As always, in periods of uncertainty, it’s essential to stay vigilant and monitor both market fundamentals and technical indicators to navigate the path ahead. The NASDAQ’s next move will depend not only on economic data and Fed policy but also on the evolving trends in AI and global markets.
Nasdaq NDX Be carefulBe careful
T1 = 16000
Be careful
Why Is RSI Important?
Traders can use RSI to predict the price behavior of a security.
It can help traders validate trends and trend reversals.
It can point to overbought and oversold securities.
It can provide short-term traders with buy and sell signals.
It's a technical indicator that can be used with others to support trading strategies.
A bearish divergence occurs when the RSI creates an overbought reading followed by a lower high that appears with higher highs on the price
It's a Bull - It's a Bear - It's Time to Make Up Your Mind3 straight weeks of setting from mid-July crescendos with a crash August 2. But the "crash" was met with a vicious buying spree that now places the major index 50% of so from the large high to low swing. In this video, I breakdown the technicals and scenarios trying to make some sense of where we could be heading. We are mostly through Q2 earnings. PPI and CPI prints have been digested (market likes it mostly). We still have retail sales and unemployment claims this week and if the market reacts bearish, it's a pretty obvious sign the market is more concerned about a softer labor market and recession than it is inflation. If the markets reacts bullish and continues to grind higher, we may be looking at another incredible V bottom without the FED having to do anything - which would be a surprise :)
I'm cautiously bullish and believe the market will struggle to blow through all-time highs, but it's possible we still test and sniff them out, though unlikely it will be broad. More about big money moves are cutting positions in Mag 7 so a true broadening will be a nice change of pace instead of a highly concentrated Top 10 carrying the overall market.
Enjoy the video and thanks for watching!
Massive Sentiment Swing (Bears vs Bulls Royal Rumble)Many traders were looking for answers this week. What just happened? The quick summary is the JPY carry trade was quickly unwinding and as the Nikkei 225 was dumping with the largest 2 day move (EVER) the JPY volatility increased. On top of that, the FED didn't cut rates in July (as expected) and elected to punt to September (with likely 25 bps cut forecasted). Unfortunately, Thursday Unemployment Claims were higher and Friday's Non-Farm was a massive whiff. This triggered concerns that the FED is now behind the curve and the economy is heading into a recession (Sahm Rule is undefeated as a predictor). Key takeaways from me this week - VIX made the 2nd largest single day spike (Friday to Monday), and 24 hrs later made the 1st largest single day retreat (Monday to Tuesday). As I explain in the video, eerily similar volatility event like we saw in 2017 into January 2018. History rhymes and 2017/2018 were very different economic times compared to today. The week ahead is a bit lighter on US earnings, but key news is PPI and CPI (Tue and Wed prints). I'll be watching the key equilibrium levels to see who gets the upper hand. Do bears attempt to push price lower and re-test the lows? Do bulls continue to rip after the outlier cleanse and we're back to all-time highs before the election or end of year? We'll find out. I'll be watching and trading and doing my best. Thanks for watching!!!
NQ1! Historical Fall and Important LevelsThe price fluctuated by more than 5% prior to the New York session, an atypical occurrence that suggests increased risk for the week ahead.
Volatility exceeding 130 should be regarded as a cautionary signal.
It may be prudent to reduce trading risks this week
This significant drop could be due to concerns that if the USA election results in a Trump victory, the USA might stop protecting Taiwan, which could cause major issues in semiconductor production.
Important liquidity levels given in the chart.
Ask any questions you might have in the comments and please boost if the idea helped you!
U.S. Stocks' foreseeable goalsThe most important index for the reflection of the American Stocks market is the SP:SPX , so let's start with it. Unfortunately, now the chart of this index is not rich in models, so the current logic of movements in our opinion is described by the EXP model from July 30 on the daily timeframe👇
As long as the price is below the 4-point level (5 390.95), the target levels are 100% (5 125.93) and 200% (4 873.94). In case the price returns above the level of 4 point and goes beyond the trend line, there will be a second attempt to reach the target resistance level of 5 582.31 - the formally reached target of the impulse of August 1. It is necessary to mention that this pattern, despite being on the daily timeframe - is weak.
In addition, let's look at a chart of the NASDAQ:NDX - this index includes the 100 largest non-financial companies traded on the Nasdaq exchange, primarily technology stocks.
Consideration of this index is additionally interesting because most institutional managers consider BINANCE:BTCUSDT to be in the technology sector, so NASDAQ:NDX and BINANCE:BTCUSDT is often correlated.
First, let's look at the AMEXP model that formed in mid-March 2023 on the weekly timeframe and described the entire uptrend within the 2023-2024 period on this index👇
In this model we are primarily interested in the level of HP (18 289.68), currently acting as an extreme support on the weekly timeframe, and if the price can consolidate under this level, the next support will be the level of 100% (15 891.73).
More locally, on the daily timeframe, the current movement is described by the EXP model from July 24, where the price has already reached the first target level of 100% (18 355.48)👇
It is very interesting that now on NASDAQ:NDX the price has settled in the zone of 18 355.45-18 289.68 formed by 100% and HP levels and if we don't see a rebound soon and the price tries to consolidate under this zone, the next target level will be 17 296.42.
By the way, we do not exclude that the movement towards 17,296.42 will be accompanied by an attempt of CME:BTC1! to close the CME GEP at the level of $57,805👇
Time Is Melting UpA decisive moment draws near as a familiar, but forgotten trend incredulously appears.
Outlined in "S&squeezed" linked below, caution was appropriate until new highs were confirmed.
Enough time has passed. The carcasses of blown accounts can serve as a launch pad to revisit the fib that was lost at 4500.
This is now underway.
Soon to find out which way things tumble
BUY NDX100 US100🚀 Trade Alert: US100 (NASDAQ-100) 🚀
🔍 Entry Price Range: 19000 - 19060
🎯 Target Price: 19500
💼 Professional Recommendation:
We are excited to present a strategic buying opportunity in the US100 (NASDAQ-100) with an entry range of 19000 to 19060. Our target price is set at 19500, reflecting our confidence in the potential upside.
📈 Why This Trade?
🔎 Market Insight: Robust technical signals and a favorable economic outlook suggest strong upward momentum for NASDAQ-100.
📊 Risk-Reward Ratio: A clear entry range and defined target price provide an attractive risk-reward profile.
📈 Potential Gains: Achieving our target price of 19500 could result in significant gains, making this a compelling opportunity.
🛠️ Trade Execution:
🔹 Entry: Place buy orders within the range of 19000 - 19060.
🔹 Target: Aim to secure profits at the target price of 19500.
⚠️ Disclaimer: This alert is intended for informational purposes and should not be considered financial advice. Please perform your due diligence and consult with a financial advisor before executing trades.
🌟 Stay Ahead of the Market!
NASDAQ Loong!This index has been forming a falling flag pattern for the past few days, which IMO is a strong indicator for a bullish momentum. As for now, it seems to retest the upper trendline of the channel.
I do anticipate that it might cover the gap it created at 19690. My entry position is at 19150, TP at 19690 and SL at 18900
SMCI four-hour chart shows confluence.NASDAQ:SMCI shows a bullish cup and handle on the four-hour chart, as well as a bullish Gartley harmonic. Point C of the harmonic lined up with the lower four-hour 100 linear regression channel and provided the best entry. The middle of the four-hour 100 linear regression channel coincided with the handle of the cup, as well as the weekly 20 SMA, which provided another excellent entry with more confirmation.
Keep It Serious Simple (S&P and Nasdaq Correction Levels)A quick video to summarize the hours and hours of live sessions I run each and every week. Everybody is scared and nervous when the market is falling because bull market geniuses love to see ATH's every single day :)
I see simple wave structure on S&P and Nasdaq. 5th wave completion and a likely ABC or 123 correction. S&P 7-12% correction area, Nasdaq 10-15% correction area. I'm not bearish, but I am hedged for downside pressure. If it never materializes, cool. But if it does, I would like to make some money and mitigate the risk.
I'll do more of these day to day or week to week. You can find me in the trenches Monday-Friday. Happy Trading and Lots of Profits!!!
Small 'n Furious. Early 2020's Signaling A Big Midcap Run AheadThe Russell 2000 trailed the S&P 500 significantly in 2023, gaining about 17% compared to a gain of about 24% for the large cap index. That underperformance has spilled over into 2024. Year-to-date, the Russell 2000 is about 2% compared to a 7% gain in the S&P 500.
By the way, that valuation measures make the small cap Russell 2000 index much more compelling when compared to the S&P 500.
Small caps relative to the S&P 500 on a price-to-book basis is back to where it was in 1999, which was the absolute low and was a launch point of 12 years of outperformance for small caps.
As of January 31, 2024 small caps price-to-book ratio is 2.01, as it described on FTSE Russell 2000 Index Factsheet.
Like a sensationally increased shares of Supermicro NASDAQ:SMCI or e.l.f. Beauty Inc NYSE:ELF , I believe many other small cap stocks can be the best ideas for 2024, in part because of that participation in the ongoing stock market rally is improving and is no longer concentrated in just ultra-mega-cap tech stocks, like it was in 2023.
If so-called breadth improves in the stock market, then small cap stocks will catch a bid.
There are three factors will help to boost small-cap stocks in 2024.
First, fund flows into the stock market are necessary for small cap stocks to outperform. If retail funds aren't flowing into the stock market, then funds likely aren't flowing into small cap stocks.
That have changed already in late 2023 as investors start to warm up the stock market.
To be clear, let's take a look at lower technical graph, so-called "AUM", or AMEX:IWM assets under management chart, that is one of the most important ETFs metrics. While it's been correlated pretty well with IWM price action over the past two years, last December has changed the rule, as managed assets smartly jumped to almost historical highs.
Second, small cap stocks are highly levered and tend to have a higher cost of capital, so a decline or no more hikes in interest rates should benefit small cap stocks much more than large cap stocks.
To be clear, let's compare two graphs: for actual U.S. Interest Rate and Expected on Dec, 2024 Interest Rate.
Finally, an expansion in economic growth could be a "huge tailwind" for small cap stocks as they are highly exposed to the domestic economy.
An overlooked area of the stock market is set to soar in 2024 after significantly underperforming the S&P 500 last year.
In technical terms, AMEX:IWM graph is near to break its 52- and 104-weeks highs, to deliver the price 50 percent higher after a breakthrough, like it did it before, on the hottest ever edge of 2020 and 2021.
US100 / NDX / USTECH Bullish Robbery PlanMy Dear Robbers / Traders,
This is our master plan to Heist US100/NASDAQ 100 Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Tesla Rebounds From Multi Year Key SupportTesla's shares rose after the announcement of new models.
Tesla shares (TSLA) rose 12 percent in post market trading on Tuesday, tracking gains in the U.S. market after the electric vehicle maker promised new, more affordable models.
Tesla said on Tuesday it would introduce new models by early 2025 using its current platforms and production lines, while backing away from more ambitious plans to produce an all-new model expected to cost $25,000.
The rise in Tesla shares provided a much-needed boost after Tesla struggled for months with tough competition and declining sales.
In technical terms, Tesla shares are supported by a multi-year uptrend.
In addition, resistance trend line is also pointed out.