NASDAQ TODAYToday is a calm day for US100 until the 3:30 PM pull ;
today, it seems like it ll be going down after a lot of hesitations, a lot of reticence to get over 21K ;
we managed to get the descent the other day (orange lines), today seems like either a big pull out, going towards 22K, but pretty unlikely to happen, or a big drawdown like that, reinitializing RSI for the next rally.
Us100
NASDAQ testing the MA50 (4h). Buy signal if broken.Nasdaq is on a slow rebound following the test of the long term Buy Zone, right over the MA50 (1d).
Today it hit the MA50 (4h) and so far it is struggling to close above it.
On all prior bottoms, once the MA50 (4h) broke, it issued a bullish confirmation.
Trading Plan:
1. Buy when the price crosses above the MA50 (4h).
Targets:
1. 21450 (the 1.236 Fibonacci extension).
Tips:
1. The RSI (4h) is also rebounding after a 30.00 test. Also consistent with all prior bottoms. This is an additional buy signal.
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Notes:
Past trading plan:
What do DJI, SPX and NDX have in common?Well the obvious answer is that they are Major USA indices and they also share some of the big players as stocks which make up their composite Indices.
My answer the Question...
The beauty of Trading View is the ability to combine all sorts of aspects of trading information together, whether it be writing new scripts, combining indicators or in my case combing major indices together in Logarithmic view to get a new way of future price discovery (for SPX & NDX) by looking backwards or left at price structure on the next highest valued Indice.
As we know A.T.M all 3 Indices are at A.T.H's so at some point in the near future there will be a move higher into new price territory. The question then is where is the price target? Where is the next resistance level when there is no price structure to the left on that Indice?
What I noticed historically about these Indices is that past price structure (major highs and lows) from the higher valued Indice (Mostly DJI) is horizontally plotted forward into the future onto the lesser valued Indice. Like looking left historically at an instrument with a lot of data for support and resistance levels.
Obviously with DJI being the highest dollar value Indice and it also moving higher past its all time high at some point into unknown price territory, we will have to rely on its own price structure for support levels or Fibonacci levels for clues about were price will find resistance levels in the future.
On SPX and NDX though we have a different story. As these 2 Indices move higher into unknown price territory with no price structure of their own to the left looking back, we can use the past price structure of the higher dollar valued Indice (DJI) market highs and lows to assess future levels of resistance or to find future price targets.
With SPX we will be able to use NDX and also DJI to find future higher price targets and resistance.
With NDX we will be able to use DJI to find future higher price targets and resistance.
Some examples,
If you pull up these 3 indices on a line chart yourself you will find that with NDX and SPX the support levels for the Dotcom and GFC crash's were DJI's historical price structure levels from 1961-1981. $731-$965.
If you look at SPX the present high and previous equal high on 01/2022 you will find it is mirrored in price structure on NDX 2015-2016 period and that the 2000 Dotcom peak is acting as a support level $4380 for present SPX price structure. NDX 01/2022
If you go way back in time to the 1930's Great depression market crash you will find the Aug 1929 SPX high $32.50 was in fact a resistance level which became support level for DJI back in 1898 and 1903 respectively.
The major past Cycle Highs on the higher valued Indice prior to recession tend to be the resistance levels for for future highs on the lower valued Indices. Or resistance levels that were broken and became support on DJI became resistance dollar value levels for SPX and NDX.
It is obvious that vertically this 3 indices would show similar reactions to market shocks but I'm not quite sure why horizontally there are so many matching price support and resistance levels.
This is a Monthly Chart over a 130 year period so the levels are harder to see and not precisely dollar accurate but if you use a weekly or daily chart you will see the levels line up very well.
So, obviously in my head I'm wondering what the heck is happening here exactly?
Some of these older levels have played out over 50-60 years into the future on DJI to the SPX and NDX, more recently the time frame is reducing to around 10-20 years.
Fibonacci levels also work on this chart going from lowest value Indice at a recession low to next business cycle high on highest value Indice.
Maybe W.D Gann could explain this accurately for me....Like is there some sort of Fractal playing out here or do the Wall street crew already use this method or is it the madness of the crowd echoing forward through time unwittingly expressing human emotion into charts of financial greed and fear? Who knows? I'd like to hear Traders ideas about this phenomena.
S&P500 INDEX (US500): One More Bullish Confirmation
S&P500 leaves one more bullish clue after a recent test of a daily support.
This time, the price managed to violate a resistance line of a falling
parallel channel.
With a high probability, the index will reach 5954 level soon.
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US100USD: Bearish Opportunities Targeting Liquidity PoolsGreetings Traders!
Current Outlook📊:
US100USD remains in bearish institutional order flow, indicating that bearish arrays are likely to hold until a bullish shift occurs. My focus is on identifying selling opportunities aligned with this market narrative.
Key Observations👀:
Liquidity Dynamics: Price recently took M15 sell stops (external range liquidity) and retraced into the Premium Fair Value Gap (internal range liquidity).
Market Behavior: The market typically transitions between internal and external range liquidity. After respecting the FVG, I anticipate a move downward toward liquidity pools.
Trading Plan🎯:
Focus Areas: Look for confirmation entries in zones of confluence to align with bearish momentum, the bearish order block.
Target : Liquidity pool areas highlighted on the chart.
Feel free to share your analysis, discuss insights, or ask questions in the comments below!
Best Regards,
The_Architect
NAS100USD: Bullish Setup with Key Support Zones in FocusGreetings Traders!
Current Outlook📊:
NAS100USD is displaying bullish institutional order flow, signaling a strong upward trend. Following this momentum, I am focusing on buying opportunities to target the liquidity pool at the swing high.
Key Confluences🔗:
Support Zone : Price has retraced into a significant area marked by the alignment of a mitigation block and a Fair Value Gap (FVG).
Scalping Potential : This zone serves as an institutional support area, offering confidence to seek confirmation entries for bullish setups.
Feel free to share your analysis, discuss insights, or ask questions below in the comments. Let’s learn and grow together!
Best Regards,
The_Architect
NASDAQ targeting 25400 in the next 6 months. Don't miss this!!Nasdaq (NDX) hit this month our 20900 long-term Target, a level we called 3 months ago (August 12, see chart below):
As you can see, the index has been trading within a 2-year Channel Up and with the use of the Fibonacci Channel levels, we can determine on which phase of the Cycle we are.
Right now we are on the stage where the price has been rejected near the 0.786 Fib and pulled-back to the 0.5 Fib and the 1D MA50 (blue trend-line). This is exactly what took place from December 28 2023 to January 05 2024, i.e. during the previous Bullish Phase of the Channel. You can see that with the use of the Time Cycles, we can identify that the first such phase was on February 01 2023.
This is the phase that we've just completed and remarkably all 3 within the Channel Up completed a +20.88% rise. This further proves that the symmetry within this pattern is astounding. The larger Bullish Leg was completed on the previous two phases with a +49% and +48% rise respectively, so technically it is natural to assume that the current Bullish Phase (from the August 05 2024 bottom) will be completed on a +47% rise (-1% less than previously) at least.
This is why we're expecting to see 25400 as the next Higher High on a 6 month horizon.
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NAS100USD: Bullish Opportunity Targeting Premium Liquidity!Greetings Traders!
Brief Description🖊️:
Currently, NAS100USD is showing bullish institutional order flow, presenting opportunities to capitalize on the upside. The focus is on targeting liquidity pools within premium price levels.
Things I Have Seen👀:
Discount Entry Zone🟢: Price has retraced to discount levels, aligning with the 50% Fibonacci level, offering a favorable range for buy orders.
Support and Confluences🔗: Price is at a significant support area, where multiple discount arrays—including a Fair Value Gap (FVG), breaker block, and order block—align. This confluence strengthens the bullish case.
Trading Plan🎯:
Key Zones to Monitor : Look for confirmation entries at the identified support zones.
Targets: The liquidity pools within premium price levels are the primary objectives.
Current Position📈:
I have already entered this setup upon receiving confirmation. Ensure you perform your own analysis and trade with a clear plan.
Best Regards,
The_Architect
NASDAQ: Touched the 4H MA200 and MACD Bullish Cross forming.Nasdaq turned neutral again on its 1D technical outlook (RSI = 49.926, MACD = 156.450, ADX = 29.632) as the price pulled back aggressively to the point that it reached the 4H MA200 again for the first time since the elections day. With the exception of Oct 31st, this level hasn't been touched since September 11th, as the trend is rising inside a Channel Up. The 4H MACD will form tomorrow a Bullish Cross, which has been an early buy signal on the previous bottoms. We expect a new bullish wave to begin. We aim again for a +6.80% rise (TP = 21,600) like the two bullish waves of the pattern.
See how our prior idea has worked out:
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S&P500 INDEX (US500): Your Trading Plan Explained
S&P500 index is testing a recently broken daily horizontal resistance.
With a high probability, it turned into support.
To buy the market with a confirmation, pay attention to a double bottom
pattern on a 4H.
If the price breaks and closes above 5899, it will give us a strong bullish confirmation.
The market will go up at least to 5954 level then.
If the price drops lower and sets a new lower low, the setup will be invalid.
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US100 NASDAQ Technical Analysis - Where To Next?👀👉 The US100 has recently experienced a pullback, leaving traders wondering: what’s next? While the higher time frame trend remains bullish, last week’s deep retracement has carried into today. At this point, it’s a matter of waiting for the market to settle and observing how price action unfolds, particularly after the New York session. I’m leaning toward looking for a buy opportunity, but this depends on a bullish structural break—specifically, a break above the current previous high on the 4-hour timeframe. Selling isn’t part of my plan right now, as the chart and volume profile reveal strong support levels below, which are clearly highlighted in the analysis. 📊 Disclaimer: This is for educational purposes only and should not be considered financial advice. Always do your own research and trade responsibly.
NAS100 - Nasdaq will reach above 21,000?!The index is located between EMA200 and EMA50 in the 4H timeframe and is trading in its ascending channel. If the index rises towards the two specified supply zones, you can look for NASDAQ sell positions with the appropriate risk reward. Nasdaq's buying position is in the demand zone after the continuation of the corrective movement, and considering the downward sentiment at the end of the week, it should be saved quickly.
China’s Export Restrictions and Their Impact on Global Supply Chains
• China Tightens Export Controls:
Starting December 1, China will implement new regulations to tighten export restrictions on critical metals and raw materials, including tungsten, graphite, magnesium, and aluminum alloys, essential for the technology sector.
• China’s Objectives:
These measures are part of a broader strategy to manage sensitive exports and protect national interests.
• Global Market Impact:
The new restrictions are expected to disrupt global technology supply chains and introduce volatility in related markets.
Zelensky’s Perspective on Trump’s Presidency
• Zelensky’s Comments:
Ukrainian President Volodymyr Zelensky stated that the war in Ukraine could end sooner if Donald Trump returns to the White House.
• Constructive Interaction with Trump:
Zelensky emphasized that Ukraine successfully communicated its vision for peace to Trump, and he observed no opposition from Trump regarding Ukraine’s stance.
• Implications of Zelensky’s Remarks:
These comments reflect Ukraine’s hope for continued international support to expedite the resolution of the conflict.
US Economic Forecasts
• Q3 Earnings Reports from Major Companies:
This week, companies such as NVIDIA and TARGET will release their third-quarter (Q3) earnings reports.
• Federal Reserve Rate Cuts:
Rick Rieder, Chief Investment Officer at BlackRock, predicts that the Federal Open Market Committee (FOMC) will cut interest rates by 25 basis points in December.
• The current Federal Funds rate range is 4.5% to 4.75%, which Rieder considers restrictive.
• Following the December cut, the Fed is expected to pause temporarily to reassess future adjustments.
Jerome Powell’s Statements and Market Reactions
• Powell on a Strong US Economy:
Federal Reserve Chair Jerome Powell highlighted the robust performance of the US economy, stating there is no urgency to lower interest rates.
• Cautious Approach to Rate Cuts:
Powell stressed that decisions should be made carefully due to uncertainties surrounding the neutral rate level.
• Market Reaction:
These statements reduced market expectations for a rate cut in December.
nasdaq to 20k?!good evening,
---
consider this post somewhat fictional for now, created more for entertainment purposes, but i want you to know that there are some serious data points which i'm going to bring up to build the case that the stock market has found a long term bottom.
---
~our monthly indicator is finally oversold for the first time since 2009 market low and is on the verge of crossing bullish.
~nasdaq is backtesting the monthly ichimoku cloud.
~0.382 cycle wave 4 target hit through a very complex correction .
~the monthly rsi has confirmed a hidden bear.
~the us dollar found a top and is headed down to about 80 bucks over this next year.
~us10y, topped out.
~fed might run out of money if they continue to press the markets.
~fear is at all time high.
~retail short positions are at all time high.
~and i'm buying everything.
---
the cycle w5 target on nasdaq sits at $20,000 and we could be in the early stages of beginning that ascension.
---
ps. take my words with a total grain of salt, as i could be very much dreaming here.
ps2. in my last big nasdaq post, i called the top, but was early by a few months. it also went a bit higher, so if i adjust the target with the current data, we have reached the 4th wave target successfully.
✌
CHANGE OF DIRECTION FOR EURUSDAt first we thought it would keep going up, but it broke an important line on Friday before closing, which tends to show it keeps the bearish position ;
not sure about that tbh, but it seems too early to call a bearish trend for this pair, even though it might happen at some point soon ;
the next KL, LL and key lines will tell us if we're right or no.
US100 Is Going Down! Sell!
Here is our detailed technical review for US100.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 20,418.60.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 20,055.55 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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NEW NASDAQ ROUTEThe potential drop in the NASDAQ in the coming days could be driven by several key factors. First, macroeconomic uncertainties, including geopolitical tensions or the persistence of high interest rates, could increase market volatility. Additionally, recent disappointing quarterly earnings from major tech companies, which are often heavily weighted in the index, add downward pressure. Lastly, technical signals such as the breach of critical support levels or a decline below the 50-day moving average could trigger accelerated sell-offs. Investors should closely monitor these indicators to assess risks and adjust their portfolios accordingly.