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Nq!

nasdaq 11-21 ~ good afternoon, here's what the nasdaq looks like from a bullish perspective. --- local dip to backtest local downtrend, in confluence with the local 50~88% retrace of the big pop from the other day. i'm labeling this dip as the second 1-2 within what looks to me like a bullish nest . --- if i'm right about the nest, we will see tech take off big time over the next few weeks, bigger than any of us are currently expecting. --- not financial advice, take my art with a grain of salt.
CME_MINI:NQ1!Long
by notoriousbids
SPY Cycle Patterns For Thanksgiving Week - Sideways Melt-UpHere you go. This week I expect the markets to melt upward with a couple of bottom/momentum bottom patterns as well as holiday trading liquidity. This week may see some volatile price swings, but overall I believe the US markets will continue to melt upward. As we near the end of the year, I expect some traders to try to pull out of positions (anchoring in tax losses) and repositioning early in 2023. Enjoy your holidays with family/friends. Follow my research if you are looking for more detailed analysis of the US/Global markets.
AMEX:SPYLong
by BradMatheny
1
QQQ - Potential top for the rally + new price targetsOver the past few days, we hinted at several warning signs on Nasdaq's continuous futures chart. Since the index broke above 11 734$, it has trended mostly sideways with declining volume at elevated prices. In our opinion, this continues to hint at the unsustainability of the rally, and therefore we would like to set new price targets for QQQ. Our new short-term price target is 280$, and our new medium-term price target is 270$. The price target for NQ1! stays the same, at 10 000$. Our views are based on fundamental and technical factors detailed in the current and previous articles. *to invalidate our thesis about the potential top, we would like to see QQQ break above Resistance 1* Illustration 1.01 Illustration 1.01 displays the daily chart of Nasdaq continuous futures (NQ1!) and several technical developments indicated by colorful arrows. Technical analysis - daily time frame RSI is neutral. MACD is bullish. Stochastic performed a bearish crossover. DM+ and DM- are bullish. Overall, the daily time frame is slightly bullish. Illustration 1.02 Illustration 1.02 shows simple support and resistance levels for Nasdaq continuous futures (NQ1!) on the daily chart. Technical analysis - weekly time frame Stochastic and RSI point to the upside. The same applies to MACD, which stays in the bearish zone. DM+ and DM- are bearish. Overall, the weekly time frame is bearish. 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.
NASDAQ:QQQShort
by Tradersweekly
16
Short-term bull and bear targets for NQI've overlaid a few fib channels with Visible Range Volume Profile and Linear Regression indicators. Bottom indicator is fast and slow RSI stacked. Fast and slow RSI are both in overbought territory. So there should be a powerful move coming, either extension or reversal. It should complete by next week, perhaps very early. Bear Scenario: We're at the High Value Area(VAH) on volume profile, which is typically where scalpers take profit on longs and sell short. Below, there should be a lot of support in the 11.2k-11.4k range, as there's lots of confluence of: POCs, a bull channel, Linear Regression Lines(LRLs) in pink and the Regression Curve(RC) in yellow. Bull Scenario: If price stays above and makes support on the VAH, it starts a new bull trend. On the macro bear fib channel we've seen resistance at the .382(yellow) and it crosses the 2.618 local bull fib channel around the 12.1-12.2k area. Also 3rd Standard Deviation from current bull trend median/LRL. So that area should show some resistance and be a good scalp target. Perhaps a pullback there, then another leg up to the ultimate macro bear TL around 12.5k. It's the zero(grey) on the macro bear fib channel.
CME_MINI:NQ1!
by Nicklaus68
SPX all eyes on my 4010.50 on closing level!We have touched the first target in am and sold off hard below maj resistance level - 4010.50SPX Closing below will be very bearish. Whatever the news triggered, was expecting those to come at any time. Those in satanic club are pushing for the big war and it wont be bullish!!! We should see lower lows in Dec, Nov should close lower and Dec will close higher then Nov. Monthly lowest close will be in Jan and intraday low Mar/Apr The maj flow from Europe should come next year and it will propel the markets up, hard! So the next year buy should be a great long opportunity! There is a huge liquidity crisis and FED's reduction started to hit the books today. First low should come on Nov 17th and then bounce. Lower into EOM is what I see
SP:SPX
by RealTima
9
Nasdaq 100 - Signs of exhaustionSince the latest CPI print NQ1! rose approximately 9%, with most of the move-up being manifested right after the release. The move was accompanied by high volume; however, on Friday and Monday, the volume declined substantially. This continuous decline in volume hints at exhaustion and potential reversal. Therefore, we remain very cautious. To support our thesis, we would like to see a further slump in volume and the price going up. Then, we would like to see this followed by a spike in volume and the start of selling pressure. Contrarily, to invalidate our bearish thesis, we would like to see the price hold above 11 734$. Additionally, we would like to see the pick-up in volume accompanying a move higher. On the endnote, we still believe this is only another bear market rally, and because of that, we stay bearish beyond the short term and stick to our price target for NQ1! at 10 000$. Illustration 1.01 Since the latest CPI print, each session after the print manifested a declining volume from open to close. Yellow arrows indicate these developments on the chart. Technical analysis - daily time frame RSI, MACD, and Stochastic are all bullish. DM+ and DM- are bullish as well. Overall, the daily time frame is bullish, although the trend remains weak. Technical analysis - weekly time frame RSI and Stochastic point to the upside. MACD tries to reverse to the upside but stays in the bearish zone. DM+ and DM- are all bearish. Overall, the weekly time frame is less bearish than the last week. 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!Short
by Tradersweekly
18
NQ riding the trendline, it will loose it at some pointThat trendline (black) is what Im watching for the NQ to get a confirmation of a breakdown, without it it can extend higher. Needs to break the line, close 1h under 11735 and re-test the broken trendline to confirm the top. As stated before, Im going to reduce my protective longs by 50%, if we gap up tomorrow, already started here. BTW one important thing is that NDX topped at the crossing of some very important trendlines, it was a trendline confluence today:)
CME_MINI:NQ1!
by RealTima