Keep buying nasdaq dipsNasdaq appears to be in parabolic move, if we draw a channel we can see there is still plenty of upside.
NQ just keeps bouncing off every support it finds and all moving averages are extremely bullish. I would say we could go at least to 11500 and higher.
The only exception to considering shorts would be extreme divergences on the charts as we go along.
Nq100
ridethepig | Nasdaq Correction Forming 📌 The point of this configuration is that the highs have been lost, since the effectiveness (right..) of the stimulus and the extension above that has NOTHING to do with fundamental or economic reality.
This influence can be seen in DAX which cannot make use of the highs. Secondly, there is the threat of Covid and Brexit. In other worst, the risk which triggered the dominos has not gone anywhere despite the political fairy-dust around re-openings. The underlying structural weakness in the economy is profound, masses are cheerleading back to normal while millions remain unemployed. This illustrates the fearlessness of retail.
We must now test the lows / support in global equities into U.S. elections and into 2021. This stimulus can be regarded as having come to nothing, and the conjunction of re-balancing worked very well for a handful of individuals. Mortalities are reaching all time highs in many U.S. states, ICU beds are reaching full capacity and showing no signs of abating. Policy mistake after policy mistake.
Thanks for keeping the feedback coming 👍 or 👎
NQHello traders, here is the analysis from our team :
Volume: Lower volume, Higher price. No need to speculate today.
We are on bottom of T-line. hold position Long.
Let us know in the comment section below if you have any questions.😉
NQ Hour time frameHello traders, here is the analysis from our team :
We will need 10652 pullback above our line, Before entry.
Let us know in the comment section below if you have any questions.😉
Thougts about NASDAQ100what about the american market ?? Strong sales have been observed since February, now the price has come to the upper limit 120$ of this fall and has broken through it. There was also an accumulation under the level. Very interesting situation. Here it is necessary to observe what will happen next, how the price will behave at this level 120$. A very likely scenario is that there will now be a false breakdown of the level. If I see a strong brake of the level down, then after the rollback I will look for the entry point to the sell. Although before the election, the price may still be sideways, or show a slight upward movement. After the election, the global trend will begin again. It is necessary to observe.
ATTENTION: I help to make an investment portfolio with different assets, as well as conduct a deep fundamental analysis of stocks, determining the fair value of companies. On these issues, the caller personally in the message. Thank you all and good trading !!!
NASDAQ 🟨 As Tech Moons and Jobs Boom, COVID Fears Loom💬 Tech stocks rallied taking the NASDAQ to new highs, partly on the back of a beat in expectations for a recent jobs report. With that said, while reopenings and jobs data is looking good, the market can't fully ignore the ramp-up of COVID cases in specific areas and the dragging effect this has on sentiment and other sectors.
Despite the overall mixed bag the market is currently dealing with, there is still reason to be bullish on tech. Let's take a look at some levels for the NASDAQ to see what's in store.
Hit that 👍 button to show support for the content!
Help the community grow by giving us a follow 🐣
-----
Support:
S1: The S1 bullish S/R flip is a logical place to find support whether the NASDAQ corrects from here, as shown by the ABC price action on the chart, or the top of the channel is reached first, as shown by the 12345.
S2: Although S1 could act as support, the S2 bullish orderblock is arguably more substantial due to past interactions with that level, and thus is a more likely place to find support (especially if it is tested when price is at or near the bottom of the channel).
S3: The S3 orderblock, which is currently a the bottom of the channel, is a logical place to find support as well. Finding support here would allow for consolidation, yet would also keep the uptrend fully intact and put in a higher low. This makes S3 a logical bottom for bulls if interacted with while it is still in the channel.
S4: The S4 orderblock could act as support, but given the bullish trend of higher lows and higher highs, a retest of the previous low below the longstanding channel isn't exactly what the bulls will want to see.
Resistance:
Having made new highs there isn't a ton of resistance to look at. With that in mind, the previous swing high / All-Time High as highlighted on the chart could act as resistance if price drops below it and the top of the channel is a logical place to find resistance as well.
-----
Summary:
Tech looks bullish AF, unfortunately, the rest of the market doesn't. The NASDAQ should do well, but tech bulls will need to be cautious of upcoming earnings and general weakness in other sectors (as other sectors could drag the NASDAQ down).
You can check out our previous NASDAQ chart below to see how that bullish price prediction played out, logically we expect this one to play out similarly as well.
Resources:
www.marketwatch.com + mobile.reuters.com
✨ Drop a comment asking for an update, we do NEW setups every day! ✨
NDX - Possibly going downWe had amazing NFP and we went up a lot, but we are faced with good resistance. Trade with really low lot on this one.
NQ emini Sept contracts which follows NQHello traders, here is the analysis from our team for Nasdaq 100 Futures - Sep 20:
We believe in pullbacks to this level.
Let us know in the comment section below if you have any questions.😉
NASDAQ 🟨 Upwards Channel with Price Action + Horizontal Levels💬 The NASDAQ looks great, moving nicely within a channel in a picture-perfect uptrend.
Unfortunately for this beautiful looking chart, COVID is putting downward pressure on the rest of the market producing many less bullish looking charts.
Let's take a look at some levels to see if tech can hold up against the broader market's weakness.
Hit that 👍 button to show support for the content!
Help the community grow by giving us a follow 🐣
-----
Support:
S1: The newly created S1 orderblock is our first point of support. If the NASDAQ moves up from here into the weekend, this support could be relevant.
S2: The S2 S/R flip is the next candidate for support if S1 can't hold. S2 gives us a chance to move up from here despite any short term price action.
S3: At the S3 orderblock we break the bottom of the channel, potentially by way of what currently looks to be an ABC correction. Although S3 could offer support, breaking out of the channel, especially with the current corona fears could be a bad look.
Resistance:
R1: The R1 orderblock is the first point of resistance if the bulls can rally.
R2: If we rally here we expect a reaction off of the R2 orderblock cluster with support being found on R1.
-----
Summary:
The bulls want to see the correction end here and bullish continuation to the top of the channel as illustrated on the chart.
The bears will want to see weakness over the weekend that causes us to lose the channel.
For now, there is no reason to assume the channel won't hold based on NASDAQ's chart alone, the only real issue is to what extent tech lets other sectors bring it down.
✨ Drop a comment asking for an update, we do NEW setups every day! ✨
Nasdaq Composite Technical OverviewBriefly and clearly. Nasdaq (US100) is trading in this price range, where at the bottom it has EMA levels of 50/100/200
I do not force anyone to trade, but I would not risk selling even when it reached a historical maximum, I would always expect a strong correction and buy in large volumes.
At that moment, when the Federal Reserve launched the lending option and the purchase of bonds, the market mutated very much, even gurus like Ray Dalio and Warren Buffet are not quite ready to explain what is happening, since Buffet has about 137 billion dollars in arbitrary units in order to enter the market on time. According to Buffett's indicator, the market is overvalued about 160%; he is ready to invest at a time when the value is about 60% but alas, there was no fall.
I will sell when the price value is below the EMA 200 level, only then will there be a sell signal.
Of course, I am an ordinary trader and I dare not say that I know everything about this market, but I gained a little experience over the years.
Share your opinion in the comments and how you look at the situation, it will be interesting for me to read, subscribe, and like!
Nasdaq Target 10,400Nasdaq just broke off it's all time high and trading channel. I was able to identify 1 target area based on past price/volume action.
Great buy while the market keeps pumping bullish news
Short The Nasdaq FOMO To Make HUGE Profits - IMPORTANT VIDEOMartyBoots here. I've been trading for 13 years and sharing my ideas with you
I have seen this over and over again
Dont get caught in the FOMO
NQ - e-mini Nasdaq100 futures s/r zonesHello traders,
Description of the analysis:
M30 strong s/r zones. Currently NQ in the all time high area, where the probability of rejection and decline is increased. Sentiment will show. Support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund ($4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
NQ favouring shortsIf one of these two scenarios do not happen, I quit TA for good because it clearly doesn't work anymore in a post sanity, Fed controlled world.
- resistance line does holds
- a slight pop over resistance to trap bulls, then price falls in again hard
Oh and also, if today 11MAY closes up on the day, it'll be NQ's 6th day up in a row.
Although I suppose, the higher timeframe monthly channel dictates we go higher. I'd be building up a short position now and vigilantly add to it until we tap the top of this channel, if I were a big pocketed player.
Nasdaq 100 - NQ_F - Gap Fill IncomingHard to believe, but NQ looks to be filling the gap and tech/biotech will continue to pull the market up with it. If FAANG moves, everything else moves with it. Check my thoughts on S&P500 also
NQ - Nasdaq100 S/R zonesHello traders,
Description of the analysis:
I have identified important s/r levels that the market should respect and respond to.
Be careful to trade and invest sparingly!
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (4 000 000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
Nasdaq recovery in progresslooking at the market today.
It seems we are coming from a bottom looking top find a new top.
In 4Hr we still see a possible range, were the market its looking to go up./
possible entry points are in blue and targets are in green.
risk reward 3 / 1 .
trade to trade well not to make money.
stocks must look down.as we see some good news in the USA and tech sector. The economy is still very hurt, and optimism cannot last more than realism.
looking at the market we have completed a range in the daily levels.
so im looking for a short. I bounce in the levels marked in blue.
green lines are possible targets.
trade to trade well not to make money.
NQ pullback looking for a daily bottom.Nasdaq has shown today a clear top. so now we are looking for the bottom. I expect a pullback just to continue its move to the downside.
targets are in green possible entry zone in blue.
a good 3 > 1 risk reward ratio.
Trade to trade well not to make money.
9432 is on our radar in NQ100NQ100 continues to rise. US President Trump’s acquittal in the Senate, as expected, and the news that a new antiviral drug will help patients with the coronavirus help bullish trend in global indices. 9432 is still a significant level for the continuation of the upward movements in NQ100. If the upward movements exceed this level, we will closely follow 9480 level. In possible retreats, on the other hand, 9370 and 9300 areas will be our support levels.
