STOCKS - NDX - Q2Q2 Idea for Nasdaq 100:
- Lines of Least Resistance established for NDX. We expect a drop, but a rise for the first half of the quarter is not out of the question.
- We are still bearish overall.
- Potential energy is a type of energy that is "hidden" in some way. It is a type of energy that can be converted to other forms and often is related to some attractive or pushing forces.
Attached is some previous Fundamental Analysis and related ideas.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
Nq100
NASDAQ 100 (US100) – Week 18 – Worst day since March.The Nasdaq fell more than 2% on Tuesday after Treasury Secretary Janet Yellen said Tuesday morning that interest rates in the U.S. might need to rise in order to prevent an economic overheating during the pandemic recovery. Rising rates would affect the valuations of growth companies, and many investors have been worried that an easing of monetary policy could freeze the stock market's recent run-up to record highs.
Highly valued technology companies such as Microsoft Corp (MSFT), Alphabet Inc (GOOGL), Tesla (TSLA), Apple Inc (AAPL), Amazon.com Inc (AMZN), and Facebook Inc (FB) dropped between 2.3% and 4.2%.
In our previous analysis, we correctly forecasted the bearish move that took place.
In the coming days, we are expecting two scenarios to unfold:
1. Blue arrow scenario: Expecting the price to slowly keep rising, make a small correction and regain bullish momentum towards a new record high.
2. Orange arrow scenario: The price will consolidate towards the resistance area, before making another attempt to break the previous low and hit our support level target.
Keep an eye on Friday’s US NFP & Unemployment rate data numbers as they could play a crucial role in regards to our next move.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Nasdaq: No Need to Worry! 🤕🤕🤕Of course, you are wondering what is going to happen to the tech-focus Nasdaq and we got your back! With the current decline, the tech index dipped into the yellow box between 13166 – 12774 points. Though it is technically possible for the index to reach further down and decline until the bottom line of the box, we expect the Nasdaq to come back and push for new all-time highs way above 14064 points.
Don’t worry, be happy!
NAS100USD 2021 May 10 Week (Intraday)
OANDA:NAS100USD
NAS100USD 2021 May 10 Week (Intraday)
Weekly = Bullish | Daily = Bearish | H4, H3, H1 = Bullish
Last week critical support 13735 was broken and short was good.
Price then returned to 13735 to test for supply.
Bar A ultra high volume up bar is a
sign of weakness.
Will prefer to keep to short trades, unless we are proven otherwise that
Bar A is indeed absorption of supply.
Immediate Resistance = 13834
Immediate Support = 13628
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Have a safe and profitable trading week!
Nasdaq Resistance and SupportsCME_MINI:NQ1! The Nasdaq (shown as NASDAQ:QQQ ) formed several resistance levels during the year since the beginning of the pandemic, which later became support.
The timing would be perfect, for the upcoming election, to bounce off the support level and continue the rallye when the uncertainty is overcome...
NASDAQ: C’mon just do it! 😏😏😏Our scenarios are pretty close to one another here in the Nasdaq chart. While our primary scenario sketches out a path that would bring the course down to the yellow box, we are almost above the resistance threshold at 14029 points. If the Nasdaq manages to safely move above that line, the 45% chance becomes our primary expectation, and we expect the Nasdaq to rise above 14500 points directly.
C’mon do it!
NAS100USD 2021 Apr 26 Week (Intraday)OANDA:NAS100USD
NAS100USD 2021 Apr 26 Week (Intraday)
Nasdaq has now entered price rotation.
Critical support = 13735
Immediate Resistance = 14068
Last bar tells us that supply has come in. It may again target 13735 - 13777
Since market is in rotation, trade entries will be at the boundary of the range.
Additional scenario planning
1) If critical support 13735 is broken and price comes back to test and is rejected,
will do a support turned resistance short.
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Have a safe and profitable trading week!
NAS100USD 2021 Apr 19 Week (Intraday)
OANDA:NAS100USD
NAS100USD 2021 Apr 19 Week (Intraday)
Nasdaq continues to advance on low volume,
the net gain from previous highs has narrowed.
Prefer to wait for a wide spread down bar before I look to buy in the lower time frame.
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Have a safe and profitable trading week!
NAS100 money making sauce?This is just a template, what i think may happen in the near future, let me know what your oppinion
Bullish on NDX but correction in store..NDX looks set to resume its long-term uptrend with a target over 15,000 in the next few months. If one looks at the behavior of the NDX after a sizable correction (evidenced by the 10/50 EMA daily cross), a pullback should occur back toward the 50 EMA level soon. This would equate to a retest of the 13200 area before resuming higher. No guarantee but just a pattern recognition of what may occur given the NDX has pumped very hard, very quickly...
NASDAQ 100 (US100) – Week 13 – Targeting the resistance level.The fresh rise in the US 10-year Treasury Yield has put Nasdaq futures under some pressure as it slid by 0.8% at the opening bell.
From a technical perspective, we anticipate 2 scenarios:
1. The blue arrow scenario: the price will break the orange trendline and reach the resistance level highlighted on the chart.
If the price gets rejected at the trendline, chances are that we could fall deeper into a deeper corrective phase.
2. Orange arrow scenario: We may fall once more towards the support zone before reaching our target.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move
NAS100USD 2021 Mar 29 WeekOANDA:NAS100USD
NAS100USD 2021 Mar 29 Week
Last week 13189 triple tested for short was good.
So was long from 12813.
Friday 26/3 made a wide spread up bar. Would wait for
toppish pattern to short.
S/R and Yellow price reaction lines will be my preferred
trade zones.
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Have a safe and profitable trading week!
NASDAQ 100 (US100) – Week 11 – New record high expected.Nasdaq futures rose at the market open, pointing to an extension of a recovery in tech stocks that were responsible for the February sell-off. The implementation of the stimulus package, an improving economic data, accompanied by mass vaccinations fueled Wall Street with some positive market sentiment.
Today’s highlight will be the FOMC meeting, where policymakers are considering raising the economic forecast and repeat their pledge to remain accommodative for the foreseeable future.
From a technical perspective, we anticipate that the price will be making an attempt to fully recover the February losses. With this being said, we can witness a new record high, with 14000.0 level strongly on the cards.
The trendline break-out acted as a confirmation for the expected bullish move and any pullback can give a nice trading opportunity.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move