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Us100

NAS100High 16862.3 (Dec 2023) last reached in Nov 2021 Bullish since 2023 started - lots of retests (bearish channels and fake-outs), prepare for it. 16698 - 16843 = straight channel - both lower end and higher end have been tested more than once therefore looking like a waiting moment Go down to 15Min you'll see the candle tell a story - the last 2 to touch the lower part of the channel (the bear has been engulfed by the two that follow) - then there's a hammer which shows end of bearish momentum, but price gets stuck in a box and closes in that box. - Higher lows and heading to higher highs - Zoom out you will see a mini bullish momentum that started out of the straight channel. * I placed a possible trade but WILL NOT BE TAKING IT, it does not follow my RR which is a set rule in my trading plan to be 1:3 or more anything less and we are punishing ourselves.
PEPPERSTONE:NAS100
by Mhangwane1
Can the MAGNIFICENT 7 outperform once more?We have seen the Magnificent 7 (Apple, Microsoft, Google, Amazon, Nvdia, Meta, Tesla) underperform on this rally since the October Low relative to the rest of the Nasdaq index (NDX). The former can be seen on the left chart while the latter on the right. This goes so far against the aggressive nature of the Magnificent 7 (M7), which have outperformed Nasdaq on all previous rallied by at least +50%. In fact the M7's first major rally (2016 - 2018) rose by +150% while NDX's by +95%. The second major rally (2019 - 2021) registered +363% for MA7 and 'just' +185% for NDX. If there is any progression between them, we can argue that on M7 the rallies increase by a constant of (0.41) while on NDX by (0.51). Of course the sample isn't big enough for solid conclusions. But there is a Higher Lows trend-line on both that is driving this logarithmic growth. Especially for M7, it has been touched on all corrections. As a result, a modest target estimate for both could be the 2.0 Fibonacci extension, which for M7 is 600.00, while for NDX 27500. Indeed those seem remarkable from the levels we stand currently but the projections can get even more inflated if we follow the 0.41 and 0.51 progressions respectively, which indicate that M7 could rise up to +511% (767) from the recent market bottom, while Nasdaq up to +279% (39700). In any event, do you think the Magnificent 7 will start to outperform Nasdaq again after November - December's pause? ------------------------------------------------------------------------------- ** 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:NDXLong
by TradingShot
3
US100 H4 / POSSIBLE RETRACEMENT UNTIL THE PRICE 15735 ✅Hello Traders! This is my perspective for US100 H4. NASDAQ just set a new ATH (All Time High), and now I expect a retracement until the price of 15735. A very strong move this week. In case of confirmation, it would be a good opportunity to execute a short trade. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
CAPITALCOM:US100Short
by GoodTradeST
NASDAQ Hit the ATH but has one more push to give.Nasdaq (US100) hit yesterday the 16772 All Time High (ATH) level, reaching in the process our 16680 short-term target as shown on our December 11 call (see chart below): The dominant pattern on the 4H time-frame is a Channel Up and the price is trading on its middle. As long as the 4H MA50 (blue trend-line) supports, any pull-back is a buy opportunity for at least one more push marginally above the 5.0 Fibonacci extension, as it happened on the November 14 pump. Our target is 17300. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US100Long
by TradingShot
NASDAQ One opportunity to target 17300Nasdaq is trading inside a Channel Up. The current Rising Wedge which is dring the price on the current bullish leg resembles that of October 27th - November 7th. Trading Plan: 1. Buy on the current market price. 2. Sell below the MA50 (4h). Targets: 1. 17300 (the 1.382 Fibonacci extension which was the target top of the mid November rise). 2. 15700 (Support 1). Tips: 1. The MACD (4h) sequences among the two bullish legs are identical, confirming the bullish sentiment towards the 1.618 Fibonacci. Please like, follow and comment!!
CAPITALCOM:US100Long
by TradingBrokersView
NAS100 US100 Technical Analysis London Open / NY OpenThis video provides a detailed analysis of the NASDAQ. Presently, it has reached a robust resistance level on the weekly timeframe. The market appears quite stretched, presenting a potential counter-trend trading opportunity around the London Open. If missed, there might be another chance around the New York Open later today. Throughout the video, we delve into essential technical aspects such as price action, market structure, and the prevailing trend. It's crucial to note that this content is purely educational and should not be interpreted as financial advice.
FX:NAS100Short
by fxtraderanthony
US100 ~ Ho Ho Santa Rally or EOY Bah Humbug Bust? (4H)CAPITALCOM:US100 chart mapping/analysis. Nasdaq 100 consolidating into key macro economic news, much like S&P 500. Trading scenarios into EOY: Bullish reaction to macro economic news = break above ~16167 trading range (yellow dashed) towards ascending trend-line (green) / red box confluence zone. Bullish extension target(s) = new historical highs surpassing ~16770 November 2021 high. Bearish reaction to macro economic news = break below ~15690 trading range (yellow dashed) + descending trend-line (light blue) towards 78.6% Fib / 200SMA dynamic support confluence zone. Bearish extension target(s) = descending trend-line (white dotted) / ascending trend-line (green) / Golden Pocket confluence zone.
CAPITALCOM:US100
by BlueHatInvestor
US100 Is Very Bullish! Long! Please, check our technical outlook for US100. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 16026.2. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 16571.0 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
CAPITALCOM:US100Long
by SignalProvider
1
NASDAQ: Channel Up soon to test the ATH.Nasdaq is almost overbought again on the 1D technical outlook (RSI = 69.937, MACD = 245.100, ADX = 36.889) but that shouldn't affect it much as it is trading on the lower band of the November Channel Up. Leg 1 of the bullish sequence that made the Nov 15th HH extended to the 2.382 Fibonacci level. As the 1D RSI is identical to that Leg and shows that we are roughly halfway there, we remain bullish aiming again at the 2.382 Fib extension (TP = 16,840) which is marginally over the All Time High of 16,780. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US100Long
by InvestingScope
NASDAQ BULLISH OUTLOOKThe Nasdaq 100 witnessed a robust recovery driven by investor enthusiasm surrounding the future of artificial intelligence (AI). This surge followed the launch of Google's cutting-edge Gemini AI model, generating positive market sentiment supported by analysts' favorable remarks. Simultaneously, market speculations about potential changes in the Bank of Japan's monetary policy saw the yen ascend while the dollar dipped. In a swift market overview, the Nasdaq 100 rose by 1.5%, countering a three-day decline in the S&P 500. This surge in tech stocks like Alphabet (GOOGL) and AMD (AMD) reflected the bullish sentiment surrounding AI's anticipated role in future economic growth. Key insights revealed a pivotal role for AI in driving economic growth beyond 2024, with investors speculating on potential central bank rate cuts in the coming year. Notable corporate developments included setbacks for Tesla's self-driving technology efforts and Dish Network's (DISH) significant stock surge post-FCC approval of its merger. Looking ahead, market focus gravitated towards forthcoming economic data releases. Events like Germany's CPI and Japan's household spending and GDP data were anticipated alongside the US jobs report and University of Michigan consumer sentiment. These data points were expected to guide future economic and market directions. The most recent US jobs report, indicating nearly 200,000 new nonfarm jobs in November with stable average earnings, bolstered market optimism. Although the report showed a positive labor market, it raised concerns about inflation due to higher average earnings, pushing yields higher. However, investors remained cheerful, interpreting the data as a sign of a softening, rather than collapsing, job market. The Federal Reserve's stance on inflation and future rate decisions became a focal point for markets, with speculation around potential rate cuts in the coming months. The markets awaited signals from the Fed to gauge its approach in balancing inflation and economic growth. The overall sentiment was cautiously optimistic, with markets closely monitoring developments in AI, central bank policies, labor market dynamics, and upcoming economic data releases to navigate potential market shifts in the days ahead. On the technical side, both MACD and RSI are showing BUY signals, with possible target of 16307.48. If the trend reverses, as pivot point might be considered 16040.98, from where the price might drop to 15818.18. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NASDAQ:NDXLong
by legacyFXofficial
NASDAQ Last obstacle before a Christmas rally.Nasdaq (NDX) completed the short-term pull-back we called on our latest November 29 analysis (see chart below), hitting our 15750 target and then rebounding: This rebound can seasonally be the start of the end-of-the-year rally, which the market calls 'Santa' or 'Christmas' rally. However, one last Resistance level remains before it is confirmed and that is the top (Lower Highs trend-line) of the (blue) Channel Up, which happens to also be synched with the Lower Highs trend-line of the 4H RSI. If the index closes a 4H candle above it, we will buy and aim for a +6.34% rally (from the bottom), which has been the minimum bullish sequence since June, and target 16680 (Resistance 1), which is the December 28 2021 High, essentially the first Lower High of the 2022 Bear Cycle. A notch higher on that rally, the index can even test the 16770 All Time High. On the other hand, if Nasdaq breaks below the bottom (Lower Lows trend-line) of the Channel Down first, most likely will have made contact with the 4H MA200 (orange trend-line) by then, we will sell instead and target 14900 (-7.60% from the Lower High, which is the minimum short-term decline since June). ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US100
by TradingShot