Us100
NASDAQ Close to a multi month buy signal but watch also the RSI.Nasdaq trades on a Falling Wedge inside a Channel Up.
If the MACD (1d) makes a Bullish Crossing, it confirms the continuation of the uptrend.
If the RSI (1d) crosses back under the MA line, it confirms a reversal.
Trading Plan:
1. Buy on the current market price.
2. Sell if the RSI (1d) crosses back under the MA line and the MACD (1d) fails to make the Bullish Crossing.
Targets:
1. 13750 (Resistance 1 and High of August 2022).
2. 12650 (bottom of Rising Wedge and MA50 (1d)).
Tips:
1. The RSI (1d) breaking back under the MA line, has been a bearish signal since the start of 2022 so keep a close eye.
Please like, follow and comment!!
Notes:
This is a continuation of this trading plan:
SPX | We are not out of the woods yetEverywhere good news, inflation is dropping, the FED is about to pivot. Energy is dropping and every single technical indicator is telling us that we are in a "perfect bottom". Many argue that we are in a similar situation to 2015, at least the price action of the main indices. So let's discuss some arguments and figure this out. First and foremost, price action.
Price action and indicators are ultra-bullish
One of the "bullish" indicators is the well-known Stochastic RSI. Stochastic RSI analyses RSI. The 1M and 2M oscillators are at a bottom. So we expect a swing upwards.
I have circled the RSI in two separate times, in 2015 and now.
RSI has to go through both the 50 mark, and it's WMA. There is significant resistance above.
There is more...
On the peak of the stochastic on 1W, the difference is night and day.
In 2015 we had already easily skipped an "uninverted ribbon", while now we are into significant resistance. This week we had outright rejection.
This tells us that the 1M oscillator will have much trouble swinging upwards, since the 1W oscillator is at it's peak and price rejected on resistance. A successful swing should be verified by many oscillators.
If you look at the 12M chart, you will understand.
2000: Stochastic begins a move downwards, RSI below WMA (resistance).
2015: Stochastic is roaming upwards, RSI above WMA (support).
2022: Stochastic begins a move downwards, RSI below WMA (resistance).
DJI is super strong, and above the cloud and ribbon
Yes it is. But for the last 20 years, DJI stood high in periods of recession.
The only exception is the "Trump run era" I made up. When Trump became president, he did made all sorts of "gifts" to blue chips.
A comparison between DJI/M2SL and SPX/M2SL in the same period.
Right now, DJI is hanging on, amidst a painful recession for most equities.
Also look at energy.
SKEW is inside a falling wedge.
Several weeks ago, it reached an all-time-low. Now, 1M and 2M stochastics are ready for prime time.
The same holds true for VIX
The FED is burning money, at any moment a liquidity crisis can begin.
Ever heard of Wyckoff Distribution? It is the most accurate analysis of stock market. It is the most fundamental behavior. Here are some distributions, in wildly different timeframes. All featuring DJI.
DJI/SILVER - 100 year distribution
DJI*US10Y - 25 year distribution
DXY*DJI - 1 year distribution
I'm out
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Tread lightly, for this is hallowed ground.
-Father Grigori
Us100 shortHi traders, I think the price will bounce from this area, after we saw the triple top inside the bullish flag, I think it is a slight correction before going up and breaking the flag. Trader safe and have à good week-end.
NASDAQ: Potential rise to fill the August 2022 Gap.Nasdaq crossed over the dotted Channel Down and turned bullish, negated any potential similarity with the March 6th top that prompted to one final pullback. With 1D technicals turning bullish (RSI = 58.126, MACD = 113.800, ADX = 33.345), this indicates that there is still strong potential to extend the rise. Our Short term target is the HH trendline (TP = 13,350) and medium term R1, which is the August 16th 2022 top (TP = 13,730).
Prior idea:
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US100 NASDAQ Technical Analysis and Trade Idea NAS100In this video, we take a close look at the #US100 NASDAQ. In the video we discuss the trend, price gaps, market structure, key levels of support and resistance and a possible trade opportunity with the #NAS100. As always this is not to be construed as financial advice, trade with good risk management.
NASDAQ - Expecting a deeper pullbackHi there, traders!
After yesterday’s drop, the U.S. stock market got a breather on Tuesday evening as Big Tech earnings began to roll out, led by better than expected reports for Google and Microsoft.
Looking at things from a technical perspective, we do anticipate the price to continue dropping today due to some key trends on the Daily and 4H timeframes. If we see a consolidation underneath the 4H trendline, it’s likely that the price will continue to drop.
Remember, today is an important day for earnings reports, with Boeing reporting before the opening bell, and Meta and eBay set to report after the market closes. These reports have the potential to move the market, so keep an eye out!
We’ll be keeping a close watch on everything and will update you in the section below if anything changes. And as always, trade with care and let us know if you have any questions or concerns!
NASDAQ (US100) - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on US100.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. If price continues the retracement, fills the imbalance lower and then rejects from bullish order block, I will open a long position.
Like, comment and subscribe to be in touch with my content!
US100 Set To Grow! BUY!
My dear subscribers ,
US100 looks like it will make a good move, and here are the details:
The asset is approaching an important pivot point 13058.4
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Target - 13162.1
Safe Stop Loss - 12997.2
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
US100 Index (NASDAQ): Your Strategy to Buy
NASDAQ indexe is approaching a key level.
To buy with a confirmation, wait for a bullish breakout of the expanding wedge pattern.
4H candle close above will confirm the violation.
A bullish continuation will be expected then to 13000 / 13100 levels.
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nasdaq nalysis 24/04/2023dear traders last setup was respected this key level meant alot so follow the instruction and trade safe wait always for price action to react from each zone good luck
Nasdaq Analysis Falling Wedge Hello,
Currently, we are in a consolidation box, and the market seems to have intensified significantly. I have also observed a falling wedge pattern, which I believe will eventually break to the upside. Although it's unclear if we will see a breakout of the box, I will be prepared to analyze the situation once it happens. It's worth noting that there was an attempt for a downside break, but it turned out to be a false breakout.
Please refer to my previous post for the levels that I will be monitoring, and I will keep you updated on any developments. If you would like a more detailed analysis of the lower timeframe, please let me know.
Nasdaq Next Forecast ?Nasdaq 100
After Earning Report from NASDAQ:MSFT & NASDAQ:GOOGL , Nasdaq Futures moving up, but overall sentiment showing bearish sentiment like debt ceiling issue, more hikes, etc., and with today NASDAQ:META & NASDAQ:AMZN earning report , expect big miss and make market plummeting
#nas100 #nasdaq #TQQQ
US100 NASDAQ Technical Analysis and Trade IdeaIn this video, we take a close look at the #US100 #NASDAQ. We can see that it has traded into a significant resistance level. Below, there is a price gap and sell-side liquidity in the form of stop losses, which could potentially attract bigger players. During the video, we discuss the #NAS100 trend analysis, price action, market structure, price gaps, and touch on a potential trade opportunity.
NASDAQ BREAKDOWN ANALYSISdear traders nasdaq wa in down trend after this drop it start to correct last move so follow the instruction in the chart and trade safe wait always for price action to react trade safe and good luck