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Nq100

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
Nasdaq 100 - Something feels terribly wrongOver the past few weeks, there were quite a lot of things happening - “the market bottom,” “crypto bottom,” “trend reversal,” and so on and on. Again, people rush to make hastily conclusions as the market turns from extremely bearish to fearful of missing out on the real primary trend reversal. Before the CPI, we came forward when QQQ stopped its decline 0.11$ above our price target of 260$ and said we would abstain from setting a price target and wait for the data to come out. Yesterday's price action is exactly why we did that. The market participants' desire to see the market go higher after a horrible year of underperformance pumped up the Nasdaq 100 index by 7% before the market closed. However, the reality is that inflation continues rising, despite a small surprise in regard to analysts' expectations yesterday. Indeed, in our opinion, it makes no change for the FED, which will continue to tighten the economy further; merely, it will give it more room not to crash the economy right away. This development comes as a temporary lifeline to the market, which is still seeing the unwinding of the FTX insolvency issues. The stock market and cryptocurrencies continue to see gains across the board today. Despite that, we can not unnotice that something is still terribly wrong; this applies to both the stock and cryptocurrency markets. First, yesterday's move continues to be characteristic of the one in the bear market. For example, in the 2020 crash, there were at least three days with a daily range of more than 10% (for NQ1); examples are shown in Illustration 1.02. Second, volume declined dramatically toward the end of yesterday's session. In addition to that, the peg between the USD and Tether continues to be destabilized, despite retracing much of the move. This development worries us as it might foreshadow another “unexpected” event in the cryptocurrency market, which will also inadvertently affect the stock market. Therefore, we voice a word of caution as we are not yet convinced this is the market capitulation everyone has been waiting for. With that being said, we maintain our price target for NQ1! at 10 000$. Illustration 1.01 The image above shows examples of down and up days during the 2020 crash before the FED cut rates to stop the drop. Technical analysis - daily time frame RSI, MACD, and Stochastic all turned bullish with the market bounce. DM+ and DM- performed a bullish crossover. Overall, the daily time frame is bullish; however, the trend is weak. Illustration 1.02 Illustration 1.02 displays the declining volume prior to yesterday's close, which shows signs of exhaustion. We will pay close attention to whether it will be sufficient in the coming hours/days to sustain the rally. Technical analysis - weekly time frame RSI and Stochastic point to the upside. MACD tries to reverse to the upside. DM+ and DM- are all bearish. Overall, the weekly time frame is bearish. Illustration 1.03 Illustration 1.03 shows a setup for NQ1!; if the price will manage to hold above the level, then it will be bullish for NQ1!. Illustration 1.04 The above is a link to the article about Tether, which we published during the Luna crash. 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
28
Nasdaq Weekly Forecast 14-18 November 2022 Nasdaq Weekly Forecast 14-18 November 2022 Currently the implied volatility for this asset is around 4.28%, down from 4.41% of last week. From volatility percentile, point of view, we are currently on 75th from ATR and 67th from VXN index. With this volatility percentile values into account we can expected on average that the weekly candle is going to be: 3.41% for bullish 3.7% for bearish With the current IV, we can expect with a 76.4% probability that the market is not going to close either above or below the next channel: TOP: 12311 BOT: 11270 Lastly, based on previous calculations, we have: 79% to hit the previous weekly high of 11900 26% to hit the previous weekly low of 10750
CME_MINI:NQ1!
by exlux
NQ is in bear flag, as long as it holds those highs it shouldNQ is in bear flag, as long as it holds those highs it should see lower lows imo Simple distribution and premium kill all day. All the money seems are made during the open, now algo game I would not do options, unless in and out as those loose value quick VIX closed its gap and still in consolidation mode. Ideally we bottom in Nov and see a good rally into Jan high. NQ should see around 8.5k imo, waiting for the capitulation move For now range trade, in and out.
CME_MINI:NQ1!
by RealTima
17
NQ as long its below 10990-11000 its bearishI missed am rally, exited one long from yesterday at the open and didnt re buy again, was too slow Now I have added back to my swing short here (some was sold at my 645 and 685 levels I posted yesterday) Watch that bold support line, its a very important place for the price! Congrats to those who took a long this am! I was saying about this rally yesterday it came super fast. Its Fri, do not over trade! Have stops if you are in green, it can turn against you at any time!
CME_MINI:NQ1!
by RealTima
1
NAS100USD on a retracement move 🦐NASDAQ on the 4h chart is trading below two important resistances. The market in this premarket session is moving to the upside in a retracement move. Yet we expect a progression of the bearish pressure on this asset. How can i approach this scenario? I will wait for the test of the resistance area and IF the price will provide us a sign of inversion i will set a nice short order according to the Plancton's strategy rules. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
OANDA:NAS100USD
by InkyGrip
18
Look where NQ closedYou tell me if its bullish setup into next week or not. Gaping up and holding the breakout (white line) support/resistance will be def a breakout, otherwise Im not in that camp, even if its going to gap up on Sunday open. All ES and SPX extensions I was looking, got hit. Monday can be (and I think it will be) a very bearish day, lets say Spooky Monday! Cant say happy Halloween as I dont cheer or celebrate dark/evil holidays, but it def can be one for the markets. Have a great rest of your weekend, I will update SPX chart tomorrow.
CME_MINI:NQ1!Short
by RealTima
16
NQ is in clear bear flagI didnt have much time on research today, busy day. But I did spend some time on the NQ, as I didnt do NQ update for a while. I will also add comments to this post after I do my other research and go through few others updates I follow. So stay tuned, high chance this chart will get updated with extra comments several times. So as you can see on the chart, we are in a small (compare to the rest of the year) bear flag and we are already in most overbought conditions for this year including TRIN number and volume. My best extension (if it was not topped yet and they will push it higher before the elections) is at 12110-50NQ, with the top of the channel at 12250-300. But first it has to close above recent highs - 11750NQ I do expect a yo-yo style (outlined on the SPX yesterday) going into EOM and then Midterms. But the ideal target for this year is actually at 8-8.2k zone! I know it sounds crazy, but hey wasnt today's numbers crazy early this year? Some are still in denial. I do not call for a crash any longer, as we are out of that window astrologically and cyclically but I want to see another 25-35% cut from today's levels before this is over and we bounce hard into a bigger B wave No new highs next several years at min, maybe after 2026 if not 2032. I do expect 1999 and 2009 pattern, check it out. Again I might be wrong as anyone else out there, but this is my long term view, gotta stick to it till I see clear changes in trend. My plan for the short term is the same, its short tomorrow (Im already swing short) into EOM or 1-2nd FOMC rate decision) which should spark a rally and ideally mark the temp bottom going into the Midterms. They might make a big hike and stop for this year. Canada already increased .50 points instead of .75 points today, so FED can surprise. After the Midterms is where it gets tricky, I think we will have a last move down into week of 21st of Nov low, that should mark the low for the year. Can we extend into next year, yes we can, I will be updating you with my view going forward into mid of Nov. If something not clear, just shoot a question below this post. Here is zoomed in chart Also please dont forget to press that 🚀 sign under this post to push it up in algos for others to discover.
CME_MINI:NQ1!
by RealTima
6
Nasdaq 100 3day 50ema/200ema Bear CrossoverWhat's up everybody? We are breaking down the Nasdaq100, 3day 50EMA/200EMA bear crossover that we just witnessed and we are going to break down when it took place throughout the history of the NQ100. You can see the crossover here. Very important levels, very choppy day. The last time we got this crossover on the 3day of the 50EMA/200 EMA was September 2008 . We got a 29% drop. Again, this is a conservative drop. This is well after the cross. We see -29%. Prior to September 2008 we see the 3day 50EMA/200EMA bear crossover in February 2001(the tech bubble) and we see a huge -55% decline. The 3rd time is the one out of the three times that we did not see a collapse. This was the bottom signal back in November 1990. That's why it's very important to watch these levels here. So what we're looking at, we're trying to see if we can push up and hold the 20EMA on the Daily here. And again, if we zoom in, you can see this is the area where we got the bear crossover on the 3Day. Bulls want to see it push up and hold the Daily 20EMA at 11,252 and test the Daily 50EMA around 11,732. Again, NQ100 testing the Daily 20EMA and is getting overbought on the stoch rsi. The last time we saw that, we saw the push down. Very interesting levels here. _________________________________________________________ This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice. Good luck, happy trading and stay chill, 2degreez
NASDAQ:NDXShort
by UnknownUnicorn7216011
1