Nasdaq Cucle
Next probable movmement for NQ1 will be Short from 15414.75 direction 14819.75
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Us100
US100 Sell Signal 13/10/23 08:00 GMT +2Trade Details
Sell Limit Given
Entry: 15232.9
Take Profit 1: 15173.6
Take Profit 2: 15088.7
Take Profit 3:
Stop Loss: 15261.5
Simple Reasoning
Aggressive Choch
Breaker Block Entry
LQ to the top side sweep
LQ towards the bottom as a target
Provided a 5% risk to reward
NASDAQ today acteroid reversal\pumpAn asteroid passes by the earth, it just passes by, it has no effect on human qualities or anything else, it is a coordination of big players under the chart to direct the price in the right direction from the interesting support zone in this case, if we were at the resistance zone we would go down. See the working out of my last idea
Nasdaq Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
NASDAQ Hit the MA50 (4h). Will it hold?Nasdaq is on a correction leg after being rejected on the Falling Resistance of the Falling Wedge pattern, a little under the 0.786 Fibonacci level as the September 1st Lower High did.
It hit today the MA50 (4h) and that can generate a short term rebound.
Below that, the correction of the Wedge will be extended lower.
Trading Plan:
1. Buy on the current market price.
2. Sell if the price closes a (1d) candle under the 0.382 Fibonacci level (as September 19th).
Targets:
1. 15200 (little over Fibonacci 0.618).
2. 14600 (over Support).
Tips:
1. The Falling Wedge keeps the medium term bearish. We need a crossing over Resistance (1) to restore the long term bullish trend of 2023.
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Notes:
Past trading plan:
Nasdaq Bearish Short Term( Will drop to 13800-14500My long Trades are open and active, since 11449. and I have ome open hort trades above 15675, to hedge ome long, and make some profits in between. So its everybody´s game.
This is short term plan for short trades only. This trade plan will lose its validation as soon our profit target hits, or the stop.
Thes Target Levels are on my Trading Plan:
14932
14810
14595
A break below 14595 will drop Nasdaq quickly to 14309 zone(high of this zone is 14431 and its low is 14241)One reahed this zone the gap is completely filled .But Remember:
We have another open Gap at 13850which is strong bullish zone. Next week the eollover ontracts will create a new gap. IF nASDAQ REAHES THE GAP BEFORE THE ROLL OVER TIME , and hunting the upper gap 15950-15850, we will experience a third drop down to reah this new gap again, maybe before the year 2024 begins. If not , March 2023 will be high crashing month for Nasdaq.
Also the current FED omments, fast economic growth, low labour market data news, will increase the risk that we will see the 14000 zone in Nasdaq soon again.
To reach higher highs, is not a one way map.
The advantage of Nasaq is that we have high chances to close also this gap in September or maybe October 2023, what I would give a 60-70% chance.
If done so, There is no way to stop Nadaq to 17000 direction.
Before it happens: All 2 condiction must be confirmedand
All downgaps have to be filled first.
Neither FED nor any economic data,weather positive nor negatives would stop Nasdaq...
US100 D1 - Short SignalUS100 D1
A very similar take on US100 here as we had previously marked up on US30, the only difference is 'major resistance' price here indicated at 15335 better held as resistance from more recent trade. As compared to US30 where we are now using that 34000 price as a hopeful retest.
That being said, the reward is greater on US30, being 6R, as compared to US100 here at 4.4R. Lets see how the session goes and how much we move ahead of and during US stock open later on today in 4.5 hours.
NASDAQ Channel Down or Bullish Flag?Nasdaq (NDX) broke above the 1D MA50 (blue trend-line) and has almost reached the top (Lower Highs trend-line) of the Channel Down pattern that started after the July 19 High. The 1D STOCH RSI Bearish Cross suggests that this is a sell opportunity on the short-term at least, towards 14900 (0.5 Fibonacci retracement level).
But what if this is not a Channel Down but a Bullish Flag pattern after a relentless 2023 price growth? In that case we will need to wait for confirmation in the form of a break-out above the last Lower High (and current Resistance level) at 15630. After that, we will buy the first pull-back below it and target the 16780 All Time High of November 2021, which interestingly enough is only a fraction below the 2.0 Fibonacci extension, a standard technical target in case of Bullish Flag break-outs.
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US30 D1 - Short SignalUS30 D1
Big daily timeframe again here, you can see how much US30 has given back off the back of the dollar correction. That being said, we blitzed through 33600 resistance with no issues, the next area of correction/pivot may lay around 34000 whole number.
A nice area of D1 resistance and supply, 34000 whole number, and a solid 6R measure to see a 50% correction, from swing low to swing high.
3000+ PIPS ABOUT TO MOVE READ!!!!!Over the past year, as I've closely examined my chart, I've noticed that the US100 is exhibiting characteristics commonly associated with the Wyckoff trading method. This method often involves significant market makers buying at lower price levels and subsequently selling at higher price levels.
The trade setup based on this pattern appears to be quite compelling, with substantial potential. The current juncture seems particularly opportune for market makers to unload their positions, given the historical high point at 16,000.
However, there is another possibility to consider – this could be a phase of reaccumulation, wherein market makers are acquiring more assets. We'll need to exercise patience and monitor the situation closely.
NASDAQ Short term Resistance sell but buy if 15520 breaks.Nasdaq / US100 is about to hit our second target (chart at the end) as it is approaching the Falling Resistance.
Our strategy was purely based on the identical patterns of July-August and September-October.
The index is close to a 4hour MA50-100 Bullish Cross, signalling the end of this uptrend.
We estimate a peak no more than 15350. If accompanied by a 4hour MACD Bearish Cross, sell and target 15050 on the short term (course of 4hour MA50).
If though the price crosses above Resistance A (15520), wait for a MA50 pull back and buy targeting 15930 (Resistance B).
Previous chart:
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NASDAQ: Will it reverse to Bull or downtrend will make a new LowNasdaq is on two conflicting patterns on the short and long term. The Bullish Megaphone that drove it out of the Bear Cycle after the late 2022 Triple Bottom is still holding and closed last week with an emphatic rebound but at the same time so is the short term Falling Wedge that started the correction on the July 19th High. This conflict and medium term balance is why the 1D technical outlook is neutral (RSI = 48.115, MACD = -63.170, ADX = 38.959).
The 1D RSI may have held August's Support and we could have a Triple Bottom since June, not much different than the late 2022, but it is the 1D MA100 that will make all the difference. A two 1D candle close over it, will amplify the probabilities for a break of the Falling Wedge and long term bullish reversal, in which case we will target the 1.382 Fibonacci extension (TP = 16,050). If we don't see such 1D MA100 closing pattern, we will stay bearish, gradually aiming for the 1D MA200 (TP = 14,350).
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NAS100 9/10/23second pair up on our markups for today is NAS 100 otherwise known as the NASDAQ pretty similar looking setup here we have a bullish swing range with a swing higher and a swing low preformed the Main point we need to focus on here is the swing high technically has not been formed through to regular price action it's actually been formed from the gap that was created at market open meaning that this swing high may not be as clear and as clean as we would expect for a normal swing high this does not change the probability of the swing low holding orders as this was formed pre gap we have inducement at our lower POI and we also have internal price action which could lead us to sell this lower we would expect the gap to be filled even though it is represented as one large candle on this price chart.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
NASDAQ Wait for the right sell entry at the top of the Wedge.Nasdaq is rising after the price found Support at the bottom of the Falling Wedge.
It is approaching the MA200 (4h) but the technical Resistance is inside the 0.618 Fibonacci level and the Falling Resistance.
Trading Plan:
1. Sell at 15170 (Fibonacci 0.618).
Targets:
1. 14900 (pull back to the MA50 4h).
Tips:
1. Only a crossing over Resistance (1) can restore the bullish trend. Until then the index may even turn sideways inside a Rectangle for a while.
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Notes:
Past trading plan:
NASDAQ Reality will soon hit those who bet against the market.Nasdaq (NDX) has been on a 3-month correction since its July High. No need to mention that this High almost touched its All Time High (ATH), almost recovering in less than 1 year the value lost in the Bear Cycle.
** 2010 Higher Lows and Megaphone **
The Higher Lows (dashed) trendline that has been in place since 2010 after the recovery from the 2008 - 2009 Housing Crisis started, held during the 2022 Inflation Bear Market and gave way to a Channel Up. We can claim that since mid-2018 the market entered into a Bullish Megaphone pattern and such Channel Up formations have been the common vessels to a Higher High.
** Uncertainty/ Doubt / Disbelief **
Similarly common have been minor (on a 1W scale) corrections such as the pull-back we are witnessing since July. During market uptrends, those are called 'Bull Flags'. Especially in the beginning of the recovery those are met with Uncertainty/ Doubt / Disbelief. For that reason the majority doesn't get in on the trend until it is well underway. Even the 1W RSI shows how consistent this Symmetrical Support Zone has been throughout all those Channels. Even the Higher Lows trend-line from May 2022 is still holding.
** First Bullish Cross since 2010 **
On top of all the above, Nasdaq is about to completed a 1W MA50 (blue trend-line)/ 1W MA100 (green trend-line) Bullish Cross, the first since February 2010 (which as mentioned is post Housing Crisis). The price will enter next week into green Ichimoku territory, which when formed indicates significant upside potential on a well establish bull trend.
We expect this to be the end of the 3-month correction and the resume of the uptrend. Based on the previous runs, NDX is aiming at 17800 towards the Christmas rally and 21500 in Q3 2024.
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US100 Technical Analysis and Trade IdeaI'd like to share my insights on the US100. As the week is coming to a close, it's important to be mindful of potential stop runs by institutional traders, which can be quite aggressive on Fridays. Additionally, we have the Non-Farm Payrolls (NFP) report scheduled later today, so if you're considering trading, exercise extreme caution.
These remarks are more in the context of a potential trading setup should we witness a retracement today, possibly setting the stage for Monday. It's crucial to remember that the information in this video is intended for educational purposes only and should not be considered as financial advice. Please ensure that you apply robust risk management techniques when engaging in trading.
Wishing you a wonderful weekend ahead!
NASDAQ Small glimmer of hope as 1D making a MACD Bullish Cross.Nasdaq (NDX) recently broke below the Higher Lows trend-line of 2023, the trend-line from the start of the year that has been supporting the strong recovery. This created the conditions for further decline, especially since the 4H MA50 keeps the price action below it, but so far Support 1 (14430) is holding.
The above levels are those we will use as break-outs. A candle close below Support 1 will be a sell signal, targeting the 1D MA200 (orange trend-line) at 13900. Since however the 1D MACD is close to forming a Bullish Cross, the bullish momentum attract probabilities and if a candle closes above the 1D MA50, we will instead buy, targeting 15650 (Resistance).
The pattern since mid August is quite similar to the Arc formation of November - December 2022. After the 1D MA50 broke, it targeted the previous Resistance and even hit the 1.382 Fibonacci extension before the next pull-back.
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