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Nq100

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! ✨
OANDA:NAS100USD
by AlphaBotSystem
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!
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by TradingExpertGroup
2
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
CME_MINI:NQ1!Short
by Jacob_Kovarik
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.
OANDA:NAS100USDShort
by PontusTrader
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
CME_MINI:NQ1!Long
by Jacob_Kovarik
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.
TVC:NDQ
by LimitMarkets
Nasdaq: Sell opportunity towards the 1D MA50.NDX has been trading within a Channel Up since July (1W RSi = 64.749, MACD = 236.300, Highs/Lows = 208.4773). Last week that pattern touched the Higher High trend line giving the first Sell Signal. The 1D RSI is on a bearish divergence similar to the late July Higher High. Technically the index must touch at least the 1D MA50 before it resumes the bullish trend, so 8,030 is a moderate Target. Traders who can tolerate more risk may extend all the way to the Higher Low zone (green) and the 7,830 Gap Target. See our recent successful trades on Nasdaq using this Channel: ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
TVC:NDQShort
by InvestingScope
1
NQ1!, Broken Support, Back to Old SupportA headline helped to break the previous support, now resistance, and led to a liquidation move back to the old support. There is a positive divergence that may play out . However, it is better to watch on a smaller timeframe a reaction first before engaging on the long side. Watch for headlines. I won't be surprised to see attempts to stop the downfall especially when they price is at inflection points. The timing is impeccable. One can see that the price is confined within a large range and offers advantage to active traders only. This type of the market and price action has obvious benefits for traders who are patient and enter the market at major inflection points. This allows to ride the short term trend all day long to the next inflection point. Short term note: Observe a new wedge that is being formed while having a positive divergence. 10/8/2019
CME_MINI:NQ1!
by SviCapital