🔥 #NASDAQ - More Fall Ahead ? (READ THE CAPTION)By checking the Nasdaq index (NAS100) chart in the 4-hour time frame, we can see that the price is still being corrected based on the previous analysis, and if it stabilizes below the level of 18290, we can expect a further drop from the price, whose Its targets will be 18150, 18090 and 17950 respectively!!
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
NASDAQ Short-term Support is failing.Nasdaq has been trading within a Channel Up pattern since late January and as you can see on the chart, every time the Bullish Leg held the 4H MA50 (blue trend-line) halfway (blue ellipse), the price continued the uptrend for a +5% Higher High.
This time, the index closed a 4H candle below the 4H MA50, for the first time before a Higher Highs was priced. It is now probable to see a 1D MA50 (red trend-line) test for the first time since November 03 2023. If not and the index closes today's 1D candle above the 4H MA50, then we will consider it an invalidation and bullish continuation signal and we will buy targeting 18700 (+5.38% rise from the last Higher Low).
If it fails to recover the 4H MA50, you may sell intra day towards the 1D MA50 but a more stable signal is to sell the break-out below the Channel Up, either on the spot or after the price rebounds to test the 1D MA50 as Resistance. In either case, our bearish Target will be 17410 (0.382 Fibonacci retracement level).
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N1WEEKLY
Highest high, peak, top price. 18467, we bouncing around these areas and that is indication of more bulls to come. For now it's first a matter of getting momentum to go.
DAILY
18300 being the strong level of rejection with wicks all over the place is signs of reversals we would anticipate them going down and falling hard.
4H
Aiming down, possibly to 17900. But it's not conclusive as all the slowing down (wicks, spinning tops, dojis) all show reversals of current price and rejection so we'll wait.
1H
Bounce of 18180 will give us the idea we need for the next move.
15Min
Bad trade idea so rather stay waiting
NASDAQ (US100) - Long opportunity ✅Hello traders!
‼️ This is my perspective on US100.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I wait price to continue the retracement to fulfill that huge imbalance and then to reject from trendline + FIBO 0.618 level.
Like, comment and subscribe to be in touch with my content!
US100 Will Go Up! Long!
Please, check our technical outlook for US100.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 18298.8.
Taking into consideration the structure & trend analysis, I believe that the market will reach 18603.7 level soon.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
NAS100 Technical Analysis and Trade Idea #US100 #NASDAQNAS100 has traded bullish and is currently over extended. In the video we look at the trend, market structure, price action and we discuss two potential trade opportunities on both the 1D and 4H time frames. Not financial advice, manage risk well.
N1Good thing we were patient and stayed out.
Following the previous post, I had not set out an idea. This was just placed and not taken.
Now we have a better idea as to where and what to do:
We waiting for the retest on the rectangle and confirmation of bull movement before we set out our buy stops and market entries to go with the bull run.
Nasdaq US100 Definitly Bullish will Go to 23000-25000,because...
I have many open and long positions in Nasdaq: See Chart I have marked my current positions and also future Entries....
Use lower TF only for long setups. Stop to listen to chats and Social Media to other so called Experts:If THEY really tade, whyy are they 99% of time wrong?
And someone who is for hours in the chats and yt ans social media, will never focus closely and seriously on trades. So stop listening to the scams,
Ok here we go. Watch the chart above. We are on Long bullish trend eekly minthly daily.:
Nowon lowertf you wanna take only Bullish trends.ONLY!
Stop going shorts:WHY? Cuz Beartrap. The speculators wanna take your money, so they gonna make you think its falling, crashing.
A correction is not a crash. Understand this. If you dont understand, then you are not a trader. Look for another busness oppurtunity.Trading ill be wring for ya.
So the market came down last week because of Gap filling.
You should understand the philosophy of the Gap filling.
Again stop listening to the scam out there, Do your home works. Analyse your mistakes of the last week.An breath.Relax.
Ok we have cup and handle. The current trend is bullish, the current pullback is natural and healthy, as I mentioned on my previouse NAsdaq analysis and trading ideas. Go there, read the updates and comments I put everyday below the charts,and studey them. My updates brings you money. Be thankful that I am commenting my ideas, you can only take benfit of it.
My Tading plans are based on logic,facts, charts, and objective. NO EGO NO EMOTIONS NO FEELINGS: Fundamentaly are bullish, summer volatility is down ,ut now rising, and the chart is bullish, it means now big traders coming back from holdiay and they will buy Nasdaq massively.Also during the summer pause the volume was extremely high. I have learned my trading by legends like Anton Kreil. If you dont kno who he is, search.... good.
Lower tF only to time for bullish setups.
Ignore bears, news. They all are old.Made by Market manipulators. Instead wake up and use Brain and logic.
Bullish Facts and Fundamentals:
Michigan Consumer Confidence Falls In August, But Beats Expectations: Declining Inflation, Resilient Job Market Key Factors
US Inflation Metrics Diverge, Complicating Outlook for Cooldown
Strong services costs lift US producer prices; inflation expectations dip
US stocks finished mixed on Friday, as investors were digesting fresh inflation data and assessing the future path of the Federal Reserves. The Dow Jones closed 105 points higher, supported by gains from Chevron (+2%) and Merck & Co (+1.8%). Meanwhile, the S&P 500 edged lower by 0.1% and the Nasdaq lost nearly 0.7% pulled down by a sell-off in shares of AMD (-2.4%), Nvidia (-3.6%) and Micron (-1.6%). Producer prices, which tracks the price wholesalers pay for raw goods, rose 0.3% on the month, raising bets the Fed will need to keep rates higher for longer. Yesterday, both headline and core consumer inflation came below forecasts, but remained well above the Fed's 2% target. At the same time, San Francisco President Mary Daly noted that the Fed has more work to do to bring inflation down. On the week, the Dow dipped 0.1%, while the S&P 500 lost 0.7% and the Nasdaq sank 1.8%, a second consecutive week of losses.
The Dow Jones attempted gains while the S&P 500 and the Nasdaq fell by 0.3% and 1%, respectively, after higher-than-expected producer inflation prints increased bets the Fed will need to keep rates higher for longer. Producer prices rose 0.3% on the month, led by a rebound in services cost. Yesterday, both headline and core consumer inflation came below forecasts, but remained well above the Fed's 2% target. At the same time, San Francisco President Mary Daly noted that the Fed has more work to do to bring inflation down. Traders now see a nearly 87% chance the central bank will leave interest rates steady next month, below 90% before the PPI release, and the odds for a 25bps hike in November have been rising this week and currently stand at about 29%. The tech and communication services sectors were the worst performers. On the week, the Dow is up 0.5% so far, while the S&P 500 lost 0.4% and the Nasdaq sank 2%, a second consecutive week of losses.
🔥 NASDAQ - Ready for more FALL ? (READ THE CAPTION)By checking the Nasdaq chart, we see that the price after collecting liquidity above the level of 18420 has faced selling pressure and is currently trading in the range of 18250! If the price stabilizes below 18360,there will be a greater and heavier fall from the index! Its targets are 18200, 18090 and 17950 respectively!
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/NASDAQ/USTECH Bearish Side Short PlanOla Ola Traders,
This is our master plan to Heist Bearish side of NASDAQ Market. Guys U can enter at my entry area or below the trending candles, Our target is Caution Zone. This is my Intraday Robbery plan. Guys Kindly Loot and escape before the Caution zone bexause trend make Pullback or Sideways so becareful.
N1Sum of the averages within the blue boxes and that is still what I am seeing. I had a great long last week but was taken out by the SL in profit, yet it went the full direction of the forecast.
We seeing a flag forming that is slightly bearish, which would allow us to place buy stops just above and a SL below the flag low, but this is the high price Nas has ever hit. So from my own observation and backtesting, before it goes through a high again. It will drop and gain momentum and spend 3-5 days pushing further up or collapsing before finally going in the obvious direction you had set out.
Trade Idea : NONE sit your ass in that chair and stay patient
NASDAQ, expect a top to be built at 18kHello everyone,
I've been watching NASDAQ closely as I expect to end an elliot wave count around the 18k area.
If the level will be reached soon the chance for a correctional move is high, where we could anticipate in.
To make it short, the psychological level of 18.000 will be very interesting, but there is also the channel trendline above, that should form strong resistance. I usually work with several positions, the cyan tringle area will be used for shorting.
I will keep you updated about further actions.
NASDAQ(US100):🟢Possible scenarios🟢(Details on Caption)
Hello Traders
Outlook:
Daily Chart Summary:
NASDAQ's recent action:
Cleared sell-side liquidity in the daily Fair Value Gap (FVG).
Activated bearish breaker block by closing below 18233.50.
Bullish Scenario:
4-hour chart insights:
Trend line liquidity intact.
Buy-side liquidity remains untouched.
SMT with S&P500 and Dow Jones trend supports upward potential.
Bearish Scenario:
Concerns:
Activation of daily bearish breaker block.
Presence of order block with Fair Value Gap (FVG) on the 4-hour chart.
Explore
By examining the NASDAQ daily chart we can figure out, that the price purged the sell-side liquidity that formed inside the daily FVG. On the other hand, the price activated the bearish breaker block by closing the daily candle body below 18233.50.
Up to this point, I mentioned the primary characteristics of bullish and bearish scenarios, Let's go deeper and continue.
The first scenario (I follow this scenario) is bullish, Here in the NASDAQ (US100) 4-hour chart we can see the created trend line liquidity and left buy-side liquidity untouched. In addition, there is an SMT with S&P500 and Dow Jones. This alignment gives us added confidence in the potential for the price to target the buy-side liquidity.
The second scenario is bearish. As I mentioned the price activated the daily bearish breaker block and also there is an order block with FVG that may push the price lower. The bullish FVG above sell-side liquidity can be our first target in this scenario.
💡Wait for the update!
🗓️17/03/2024
🔎 DYOR
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QQQ bearish Head-and-Shoulders pattern confirmedNASDAQ:QQQ has shaped Head-and-Shoulders formation on the daily chart. Daily downtrend confirmed, weekly consolidation has started.
Please note that broad SP500 market is still technically in an uptrend, meaning that buyers are still strong. So if you plan entering SHORT on QQQ I would wait for a pullback to increase risk-reward. An example of possible trade is shown on the chart. Of course, it is important to monitor how things develop and make corrections if needed.
Disclaimer
I don't give trading or investing advice, just sharing my thoughts.