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NASDAQ 100 E-MINI FUTURES

Will the Bears get Bold?As many of you may recall I recently posted that the areas of ES 4250-60 is my next target. What happens there will determine the price action for the remainder of 2023. You can read the post here. However, from a sentiment standpoint, we look next to see if boldness develops on the part of the more bearish thesis. To breach the 1.0 on the ES in any meaningful way at 4250-60 brings the ES 4150 into view for minor wave 3 of intermediate degree wave 1, which would then conclude around the 4040 area before getting a wave 2 bounce. First, let's see if the bears develop a bold sentiment. Best to all, Chris
CME_MINI:ES1!Short
by maikisch
NASDAQ: Aiming at 16300 after this short consolidation.Nasdaq is on the fifth day of consolidation in a row, with the support of the 1D MA50. The 1D timeframe is on bullish technicals (RSI = 57.978, MACD = 55.620, ADX = 42.134) as the Channel Up since the start of the year is still intact. In fact the recent Bullish Cross on the 1D MACD has print a similar pattern to the March 13th bottom on the HL trendline of the Channel Up. Consequently, this consolidation is similar to the 10day one from March 17th to 28th, both over Fibonacci 0.618. We consider this a buy signal, and we aim a little lower than the 1.382 Fibonacci extension (TP = 16,300). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US100Long
by InvestingScope
4
Evening Update: What Worries Me in the Short Term?It’s not the Fed. My perspective is Chairman Powell has been fairly clear in his updates to the markets. The markets simply don’t want to hear any of it. It’s not bonds, or interest rates. Those are trackable and I have posted on the 2yr and 10yr bond yields. Yields are creeping higher and have done so since the October lows. It’s also not corporate earnings. If NVDA couldn’t save the Nasdaq…then all hope is lost. Well…not all. Lol Nope, it’s none of that. It’s the potential for a government shutdown with an October 1st deadline. Is that going to be our catalyst? In truth, I don’t know. But according to CNBC, since the United States is in a Presidential election year, the stock market can’t go down. Have I mentioned CNBC is more detrimental to trading for profit than anything. I have long contested that the US markets are in a multi-generation reversion to mean cycle. In EWT terms…a super-cycle wave IV. These excuses mentioned above, are all the old paradigms of a 100-year-old bull market which carved out our super-cycle advance in what I am forecasting as a super-cycle wave III top that occurred in January 2022. If my analysis is correct, (and it is by no means a slam dunk as to where we are right now in the indices)…the January 2022 highs will NOT be revisited for a long, long time. In the short term, let's see if the US Congress proves Fitch's downgrade of US Debt was warranted. Best to all, Chris
SP:SPXShort
by maikisch
2
NQ1! NASDAQ 2023 SEP 02 Potential WeaknessNQ1! NAS100USD NASDAQ 2023 SEP 02 Neither scenario manifested for last week, didn't manage to trade. Daily vol analysis still shows that Demand < Supply, while weekly analysis may be pointing to potential buying climax, which further weaknesses must be manifested in order to substantiate this story. Possible scenarios: 1) After weakness on the last 2 bars, short if channel or 15547 is resisted 2) Or short from 16030-15900 zone 3) Long on retracement if channel support is obeyed Price Reaction Levels Short on Test and reject | Long on Test and Accept 16030 15547 15049 14635 13960 *Longer term: 13350 support must hold for long trend to be intact. Price/Volume/Trend Analysis: Weekly: Ave vol up bar close of high = NTC minor weakness Daily: No supply up bar followed by S>D bar = PTC weakness *NTC = Non-Trend Changing | PTC: Potential Trend Changing Like and follow if you find this useful | *For education purpose only. Have a profitable trading week. CME_MINI:NQ1!
CME_MINI:NQ1!
by paradox677
Weekly Update: 4256 Remains the Next Target DownThe area of ES 4256 is welcoming to all who have a trading thesis. Whether you're bullish or bearish, that remains the short term target for SP500 Futures. Once that level is reached, it becomes a jump ball. In the above chart you'll notice an impulsive 5-wave count down labeled in BLUE, and an orange count labeled abc with an arrow pointing higher. The 4256 area is of the utmost importance. The outcome of bouncing or failing decides the direction for the remainder of 2023. Enjoy your Labor Day Weekend. Best to all, Chris
CME_MINI:ES1!Short
by maikisch
5
NQ1!, Market Keeps on TeasingIn the most recent action the price has managed to get back into the upside channel. Whether there is a real demand or just lack of supply remains to be seen. As of now the price has retested the 61.8% retracement of the bearish swing and failed to accept that level on first test. My focus is on the next level below the 50%: if it holds we may see the upside continuation to the channel mid, if not than the 23.6% is the next downside target. In the environment with high level of uncertainty focusing on small areas is a mechanism to protect yourself from a headache. 09/02/2023
CME_MINI:NQ1!
by SviCapital
1
NASDAQ All going according plan, ATH by the end of the year.Today we make an update on our 1W time-frame Nasdaq (NDX) outlook on the analysis we published 2 weeks ago: So far the price action is materializing our projection, as the index priced a bottom near the 1D MA100 (red trend-line) two weeks ago and is rebounding aggressively, in similar fashion as the September 2020 fractal. Similar 1W MACD Bearish Cross and more importantly similar 1W RSI rebound within same Rectangle levels. If the pattern continues to be repeated, then a marginal breach of the 0.786 Fibonacci could deliver a new sharp pull-back to the 0.236 Fib. Weekly candle closings above it should keep investors interest intact and resume the uptrend, eventually to the 1.786 Fib extension and the 16770 All Time High. We are expecting this to take place towards the end of the year. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US100Long
by TradingShot
6
"Livermore's Speculative Chart" Super Bubble Starting? Global M2 Livermore's Speculative Chart starting to look scary now doesn't it? "Central Banks 2008" Lets create 101.29T dollars weaved into the fabric of society that cannot be removed without collapsing everything. "Central Banks 2023" We've created too much money we need to raise rates to stop markets over heating and creating a super bubble. "FRED Removes 1 Trillion" Failed banks Date closed Heartland Tri-State Bank 07/28/2023 First Republic Bank 05/01/2023 Signature Bank, New York 03/12/2023 Silicon Valley Bank, Santa Clara, Calif. 03/10/2023 Lets also create BTFP + increase RRP. Not even 1 Trillion reduced without almost capsizing the entire financial system. This is why you don't artificially create 10s of trillions of dollars that should never have existed. "Jerome Powell Resigns 2024"
SP:SPXLong
by FederalXBT
2
NQ1! NAS100USD NASDAQ 2023 AUG 28 NQ1! NAS100USD NASDAQ 2023 AUG 28 Hope you had taken Scenario 2 test of breakdown area 15138-15511 short. Possible scenario: 1) Continued short per possible bear flag 2) If market hits longer term support channel (black dash), >> support = long >> breakdown + test and reject = short Price Reaction Levels Short on Test and reject | Long on Test and Accept 16042 15511 14635 13960 *Longer term: 13350 support must hold for long trend to be intact. Price/Volume/Trend Analysis: Weekly: Higher ave vol up bar close at lower half of bar (S>D) Daily: Ave vol up bar close toward high (D>S) *NTC = Non-Trend Changing | PTC: Potential Trend Changing Like and follow if you find this useful | *For education purpose only. Have a profitable trading week.
CME_MINI:NQ1!
by paradox677
SPY SPX NASDAQ S&P500 ES are not going to dumpA "head and shoulders" pattern is a technical analysis chart pattern that can indicate a potential reversal in a stock's price trend. It consists of three peaks: a higher peak (the head) between two lower peaks (the shoulders). The pattern suggests a potential shift from an upward trend to a downward trend. However, the effectiveness of technical patterns like head and shoulders can vary, and they don't always accurately predict market movements. Market behavior is influenced by a multitude of factors including economic indicators, company performance, geopolitical events, investor sentiment, and more. "Complex correction" typically refers to a more intricate and prolonged market correction, which is a decline in stock prices from recent highs. Corrections are a natural part of market cycles and can be caused by various factors like overvaluation, economic downturns, or other negative events. It's important to note that making accurate predictions about market movements is extremely challenging, even for experts. If you're considering investing or making financial decisions, it's advisable to do thorough research, consider a diversified approach, and consult with financial professionals who can provide tailored advice based on your individual circumstances and risk tolerance.
SP:SPX
by EIP-EverythingIsPlanned
NQ1!, Failed Attempt to Regain ControlA volatile week but no structural changes, or changes in the directionality. It seems the path to downside has been painted. But when it comes to the market nothing is guaranteed. One needs to think from the change or no change of current context. As of now, the H&S remain broken, the upside channel is broken. Nevertheless, my scenario 1 is a horizontal development (consolidation) to build enough energy to either regain the channel bottom or resume the downside. A premature move up, thanks to one company earnings, had failed but don't assume it is over for the buyers. My scenario 2 is a push lower, could be premature as well. Assumptions/predictions are the source of frustration and losses. Let the market show which scenario is in play and tag along with no questions asked. 08/26/2023
CME_MINI:NQ1!
by SviCapital