Us100
NASDAQ One final dip left before it bottoms?Nasdaq (NDX) started the week on a bearish not and is correcting the last 1W candle, only a few hours left before the Fed Rate Decision. This is fundamentally the game changer for stocks, any hint towards cuts in the near future should have a strong positive effect on the markets.
Technically though, the long-term Channel Up pattern that started on the December 2022 Low has a base bottom on the 1D MA200 (red trend-line) - 1W MA50 (blue trend-line) Zone. In fact, both corrections/ Bearish Legs of the pattern, hit at least the 0.382 Fibonacci retracement level before finding Support and reversing upwards.
The 0.382 Fib is currently at 16800, any negative remarks during Powell's press conference can quickly and effortlessly hit that level. Even the 1W RSI suggests that we might be on a Lower High similar to the week of October 09 2023.
Whatever the outcome, those are levels good enough to buy for the long-term as the upside potential is significant and our personal Target is 20500 (top of the Channel Up).
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
NASDAQ: Insights into Recent Price MovementsFollowing its ascent to approximately $18,451, the NASDAQ Index underwent a notable downturn, descending to the vicinity of $17,000 by April 22nd. In the aftermath, a bullish resurgence ensued, marked by a retracement phase wherein the price remained confined within the 50% to 61.8% Fibonacci levels. Notably, this retracement phase coincided with a notable resistance zone, with the added reinforcement of the 200 Moving Average on the H4 timeframe. Additionally, discernible signs of a divergence on the H4 stochastic indicator and an overbought condition have emerged, suggesting the potential for a forthcoming bearish opportunity for traders. Given the concurrent retracement trends observed in the DJ and S&P 500 indices, there exists a forward-looking anticipation for a more pronounced retracement within the NASDAQ, presenting a promising prospect for traders to capitalize on this evolving scenario.
NASDAQ100 - US MARKETS UPDATEInvesting isn't always that easy, heh?
Especially in Bear Markets, the market circumstances seem to trick one into thinking, that the next bull run will happen soon.
The Bull is climbing up the stairway and it takes a while, whereas the bear jumps out of the window.
Looking at YTD 32.88% decline as of 27.06.2022 in the US TECH 100 is one of the worst Q1 and Q2 in the history of US markets.
Inflation is at 8,6% in the United States (10.06.2022) and around 7.5% in Europe. The western world faces a huge backlash after rising the interest charges by 0.75 percentage-points to a range between 1.5%-1.75%.
Covid-19 is still around and has sluggished the world economy and growth view for the past two years.
Facing climate change may be one of, if not the biggest threat of the 21. century and the Ukraine conflict does not make it look better at all:- )
All the Quantitative Easing and Printing money have led to massive inflation all over the place. The only real solution is to simply "produce more".
Sounds easier than it's done, with a view to collapsed supply chains.
Chart:
RSI is at lows forming a triangle, indecision. 200MA is a good trivial indicator to get a minimum idea of the AVERAGE price of this derivate.
I think a retest of 14.500 is in play, after which the bear market could continue.
I think we have not seen the bottom here, since the real sell-off hasn't happened yet.
Being liquid in dangerous times is the best thing you can do and is actually the only way to really make some money.
So, catching a falling knife is always a risky thing to do, but if you catch it, this could change your life.
These kinds of opportunities are not that often in life, maybe once in a lifetime or once every one or two decades.
The NASDAQ doubled in on year, literally mooning, due to the printed money, which was flooded into the markets, to catch the markets and secure a fluid economy, but guess what, we have used our last gun powder, and no we are facing the costs of this two-year printerage.
It was necessary, but the consequences are real and in my personal opinion, most of the stocks are overpriced. I'm just gonna say it, they are OVERPRICED. Especially tech and housing market looks bubbly and an honest recovery after a healthy bull market from literally the 2008 crisis.
So I think we can go down and test the highs before the Covid-19 Crash (16.03.2020) at around 10.000 points.
I feel like September could be a stop to raising rates, which would lead to more upside, but IF we somehow manage to find a bottom and to not test lower levels, highs as 20.000 until 2024 is absolutely in play!
No one knows what will happen, so my personal bet would be bearish until the market, the government and the economy gives massive positive signals to the public, to reenter a bull market.
Until then i personally stay bearish and stay liquid. I try to average in an amount here and there from time to time. At one point it will turn because everything comes to an end at a certain point.
All right, if you made it until here, thanks for reading!
Take care,
gqt
Forecasted to Reach New All-Time High with +14% Upside PotentialHi Realistic Traders, let's delve into the technical analysis of NASDAQ:GOOG
Google has rebounded three times on the EMA200 Line with upward impulsive movement, indicating a continuation of the bullish trend. Additionally, it has formed a bullish chart pattern known as a falling wedge pattern. In March 2024, it broke out of the falling wedge pattern with a bullish full-body candlestick and higher-than-average 7-day trading volume . This higher-than-average trading volume is significant as it suggests increased market participation and conviction behind the price movement, reinforcing the validity of the breakout. Moreover, the MACD has made a bullish crossover, signifying a shift towards upward momentum. A bullish crossover in the MACD is a crucial signal in technical analysis, indicating a potential reversal from bearish to bullish sentiment. This occurrence is significant as it suggests strengthening buying pressure, often foreshadowing further upward movement in the price. Analyzing these technical factors, we forecast a potential upward movement to our designated target.
It is essential to note that the analysis will no longer hold validity once the target/support area is reached.
Disclaimer:
"Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on GOOG."
Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below!
NAS100 (NASDAQ / US100) Technical Analysis and Trade Idea The NAS100 has broken market structure (bearish) on the 1W and 1D timeframes. Currently we are seeing a bullish rally on the 1D and 4H US100 into a key resistance level. In the video, we meticulously assess the prevailing NASDAQ trend, market structure, and price behavior, deliberating a prospective buying opportunity.
It's important to note that the information shared is intended purely for educational purposes and does not constitute financial advice. Trading entails inherent risks, underscoring the criticality of implementing robust risk management protocols consistently.
Nasdaq: Analyzing Recent Trends and Potential ResurgenceIn the most recent trading session, the Nasdaq, mirroring the broader trend observed across major US indices, underwent a significant retracement following an extended period of bullish momentum throughout the year. The Nasdaq's price descended to a demand zone situated approximately at the 50% level from the preceding swing on the daily timeframe. Subsequently, following a rebound around the $17,000 mark, indications suggest a potential for a renewed pullback, signaling a possible resurgence in the uptrend. We are currently considering a long position, having already initiated one, and are also contemplating a buy limit order should the retracement deepen further.
US100US100 is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge.
Currently the price has given the massive breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 17850
What you guys think of this idea?
NASDAQ Relief rally to 18000 ahead?Nasdaq (NDX) finally hit yesterday our long-term bearish Target (17130), which we called a while ago (March 12, see chart below) but was postponed due to the Double Top formation:
The index is now on a mixed sentiment as even though it is on a correction sequence below the 1D MA100 (green trend-line), the 1D RSI hit the 30.00 oversold limit as this Bearish Leg almost completed a -8.50% decline.
During the previous Bearish Leg of the multi-month Channel Up pattern, the index had a relief rally towards the 0.786 Fib, after an initial -8.50% decline. We can see that this took place on the 0.3 Fib (blue) from the top.
As a result we expect a short-term (at least) bounce to 18000. As long as the index doesn't break above the (blue) Channel Down and in particularly close a 1D candle above the 0.786 Fib (18150), we can expect a Lower Low after this relief rally. If it does close above it, we will resume most likely the long-term bullish trend earlier and we will update our position.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
⭐️ Nasdaq’s 430-Pip Profit Play & Forecast : More Fall Ahead ? By checking the #Nasdaq chart in 4-h time frame, we can see that the price was exactly as we expected, after it entered the Bearish BB supply range, it was accompanied by selling pressure and was able to hit the main target with more than 430 pips profit! In the coming week, we will probably have a short upward movement first, and then with the right trigger, we can come back with a SELL position! I hope you have used it!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
US100 Will Fall! Sell!
Take a look at our analysis for US100.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 17330.1.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 16972.3 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
Liquidity Crisis may happen, Market TOPPED OUTLiquidity Crisis may happen
most of hedgefund did buying treasury bond and then treasury bond margin loan ,
so they made almost 50x leverage on bond market
times over and over now only t-bill s gonna be recognized as collateral
so t-bill market happend this method
But NFP is too strong, FED didn't do Rate Cut now
So t-bill is bubbled now, we are gonna kill it
and stock market just knew there's plenty of liquidity until today
Only when the tide goes out do you discover who's been swimming naked.
So market topped out
Nasdaq: Analyzing Converging Signals - ScalpNasdaq has entered an intriguing supply zone following its recent decline, where we've identified a convergence of signals hinting at a potential price rebound and value appreciation. These signals include a divergence on the Stochastic indicator coupled with the presence of the 78.6% Fibonacci level.
One potential scenario could involve a Local Double Bottom formation, suggesting a potential opportunity for a long scalping position. Our strategy anticipates setting a target at the Point of Control (POC) volume, with the stop-loss positioned just below the identified pattern.
NASDAQ: This is a short term correction leading to 21,500.Nasdaq is bearish on its 1D technical outlook (RSI = 37.414, MACD = -64.490, ADX = 50.187) but the 1W RSI is still bullish (RSI = 56.510). You can see the reason on this chart. The long term pattern is a Channel Up that is supported by the 1W MA50 for the past 13 months. The current pullback can be seen as a phase similar to the consolidation of August-November 2020 that resumed the uptrend afterwards almost as high as the 4.0 Fibonacci extension level. The RSIs are very much alike as well, under LH trendlines. Consequently our long term target is slightly under the 4.0 Fib (TP = 21,500).
See how our prior idea has worked out:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
Nasdaq : Possible Scenario After CPIAs the global economic landscape continues to evolve, forex traders are constantly seeking insights to inform their strategies. The upcoming release of key indicators for the US economy provides a valuable opportunity for analysis and projection.
Forecasting the US Consumer Price Index (CPI) for March reveals anticipated increases of 0.3% monthly and 3.4% annually. This data follows a comparable uptick in February, with a 0.4% monthly rise and 3.2% annualized growth. Additionally, projections for the US Core CPI in March suggest a 0.3% monthly expansion and a 3.7% annualized rate. This contrasts slightly with February's figures, showing a 0.4% monthly increase and a 3.8% annualized trend.
Another crucial indicator to watch is the US Preliminary Wholesale Inventories for February, with predictions indicating a 0.5% monthly rise. This stands in contrast to January's data, which revealed a 0.3% monthly decrease.
Furthermore, market attention is drawn to the US Crude Oil Inventories Change for the week ending April 5th, forecasted at 0.900M. Similarly, expectations for US Gasoline Inventories Change and US Distillate Stocks Change for the same week are -1.320M and -1.153M, respectively. These figures will be compared to the previous week's data, which reported 3.210M for crude oil, -4.256M for gasoline, and -1.268M for distillate stocks.
Additionally, the US Monthly Budget Statement for March is projected at -$209.4B, deviating from February's reported figure of -$296.0B.
Today's release of the US CPI data will undoubtedly influence trading sessions. An upside surprise akin to previous reports may result in a decline of US equity markets by over 1%, while lower-than-expected inflation could lead to a 1%+ spike. Furthermore, the outlook for interest rate cuts remains uncertain, with markets possibly reconciling with no cuts in 2024. However, escalating inflation could necessitate further interest rate hikes.
Amidst these developments, the forecast for the NASDAQ100 remains cautiously bearish. The equity index's stagnation at its horizontal resistance area, coupled with decreasing upside momentum, underscores the need for vigilance in trading strategies.
In conclusion, the forthcoming economic indicators offer valuable insights for forex traders navigating the complexities of today's markets. By staying informed and adaptable, traders can better position themselves to capitalize on emerging opportunities and mitigate potential risks.
✅ My Previous Winning Idea
US30 - Sell SignalUS30
We saw some nice rejections from this 38,000 region yesterday, hoping for the same type of play, we rejected very close to that 38,000 price. Pushing a high on the retest of just 38,030.
Still bullish for the dollar and therefore looking for US30 and US100 to pull south until sentiment changes. Order details as detailed below. Plenty more mileage beyond 37,800 if this starts to play out.
NASDAQ INDEX (US100): Correction Continues
After quite a long consolidation within a wide horizontal range
on a daily, US100 index violated its support.
That violation is an important sign of strength of the sellers.
It may trigger a correction lower, at least to 17500.
❤️Please, support my work with like, thank you!❤️