Us100signal
A Break above 14020 Could change The big SidewaysThe number of Americans filing for unemployment benefits fell to 242 thousand in the week ending May 13th, down from an 18-month high of 264 thousand and below market expectations of 254 thousand. The latest reading indicated the labor market in the United States remains relatively tight, potentially leading to upward pressure on wages and providing the Federal Reserve with an opportunity to implement further interest rate hikes in its efforts to combat inflation.
The Philadelphia Fed Manufacturing Index in the US increased to -10.4 in May of 2023 from a nearly three-year low of -31.3 in April, and better than market forecasts of -19.8. General manufacturing activity in Philadelphia continued to decline overall but at at the slowest pace in four months. New orders (-8.9 vs -22.7) and shipments (-4.7 vs -7.3) rose from last month but remained negative while employment declined (-8.6 vs -0.2). The price indexes remained below long-run averages, with the prices received index declining further (-7 vs -3.3) The survey’s future indexes continued to reflect muted expectations for growth (-10.3 vs -1.5), with almost
37% of the firms expecting a decrease in activity over the next six months.
US futures were mixed on Thursday, with contracts on the Dow Jones down nearly 30 points while both the S&P 500 and the Nasdaq were above the flatline. Shares of Walmart were up 1.7% in premarket trading after the retailer raised its full-year forecast and earnings topped forecasts. At the same time, traders become increasingly optimistic the debt ceiling standoff would soon be solved and the US will avoid a default. Also, regional banks are also expected to extend gains when markets open. However, the latest data showed weekly claims fell more-than-expected last week, triggering fears of more Fed interest rate hikes.
I asked Chat GPT How US100 Price will changeS3
13215.8
S2
13240
S1
13251.1
R1
13275.3
R2
13288.4
R3
13312.6
My current strategy Bullish
I asked chatgpt how she sees US100 of the future.
And the answer is not too far away of my researches. I tried to visualize chatgpt answer
The blue cuve is the pojected price developement by chatgpt.
A little fun factor, so dont take it seriousely and letS STOCK TO OUR OWN TRADINGPLAN
CURRENTLY THE PROJECTED DEVELOPEMENT our own signals are sync.
But I will closely compare chatgpt tadingplan and mine. So you can do the same ,if you like.
Please feel welcomed to comment and shareyour ideas and inspire us as well.
At leasst trades do nothing else, but trading the future possible events and developements at the current time being.
Interesting is, that the most pice reverseals sync nealy closed to the prior Vps.
I remember a quote of Richar Dennis, the foundeof the TurtleTaders:
Traders ae the stundents of the makets.
US100 UPDATE LONG TILL BEAR ZONE We have closed our short position manually in Asia session,as we noticed high volume and
RSI 78
The Market is in a longer term sideways mode,but for Day traders
currently good chance to participate of minor bullish trend
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.
Important is that the bearish retracement must have very low volume
Only in this case I would open a lon position,as closely as to my stop zone
to minimize the risk as low as possible
Mid Term is the Market now bullish
we got Bullish buy signal
as I usually trade on day TF and higher
what is more profitable ,but also more exposure.
A combination of DAY TF Bullish signal for Day traders:
The Daily TF is Bullish
The 4 H,2H and 30 Minutes must have Bullish setups
On the lower TF then we time the entry with our confirmation filters.
and Buy the retracement
Remember:
ALWAYS work with stops
Cuz everything can happen!Everything!
US100 Long U.S. Debt Deal Optimism Boosts SentimentI have marked the Bullish Bearish scenarios of the next 2 weeks(Possible Potential Long)
Green Bullish
Golden Cross
High Bullish Volume
Technically: HH HL
Donchian Long
June S&P 500 futures
ESM2023
are trending up +0.18% this morning as market participants weighed the latest updates on negotiations in Washington to reach a debt-ceiling deal while awaiting a key speech from Fed Chair Jerome Powell.
In Thursday’s trading session, the tech-heavy Nasdaq 100 notched a 1-year high, boosted by gains in chip stocks and a more than +9% jump in Netflix Inc
NFLX
after the streaming giant said its recently launched ad-supported tier reached about 5 million active users per month. Also, the benchmark S&P 500 rose to a 9-month high, helped in part by an over +11% surge in Take-Two Interactive Software Inc
TTWO
after the company reported above-consensus Q4 net bookings. In addition, Walmart Inc
WMT
rose more than +1% after the retail giant reported upbeat Q1 results and raised its full-year guidance, helping keep the blue-chip Dow in positive territory.
US100 BUYAccording to the analysis of the Nasdaq index. There is a high probability of a decline. The price reached a strong resistance level at 15,200. This resistance can be seen on the daily chart. Also, when it reached this area, it formed a strong double bottom pattern. With the formation of very negative candles confirming the great pressure of the sellers until the index declines. good luck
🚨 US100 HIGH PROBABILITY SELL SETUP SOON 🚨🚨 US100 HIGH PROBABILITY SELL SETUP SOON 🚨
* Here we can see the next potential move for Nasdaq100 ion coming hours or day.
* I can see its forming the double top reversal pattern at the strong resistance level of 15257.2.
* EP(SELL): 15110.2
* TP1: 14920.2
* TP2: 14877.1
*No SL provided for this trade.
* Keep your eye close on your trading positions.
* Happy pip hunting traders.
* FX KILLA *
US100 H2 - Sell Signal US100 H2
Some nice selling pressure on that previous H1 close candle. We are looking for this 15000 to offer selling opportunity. We popped a little beyond that 15000 handle yesterday following FED/FOMC event. But since, we have come back into structure.
A little fake-out following the volume in my opinion. Downside targets of 14650 is certainly on the cards.
Next week - Potential buying/Selling zones on NQ/US100 CAPITALCOM:US100 CME_MINI:NQ1!
I will continue my analysis on Nasdaq NQ/US100 Market, after reaching my TP last week, I expect 2 scenarios:
1st: If the price closes below 14440, I'll sell after the first unmitigated single candle (entry based on 1H TF), if not I will buy here after sweeping the LQD.
2nd: If the price closes below 14233, I'll sell after the first unmitigated single candle (On 1H TF), if not I will buy here after sweeping the LQD.
I'd just like to mention that the market is expecting some big news this week (CPI, PPI, FOMC).
Trade at your own risk.
Follow for more
Next week - Several potential buying zones on NQ/US100 CAPITALCOM:US100 , CME_MINI:NQ1!
As the Nasdaq market is bullish at present, I expect the market to continue rising. In this analysis, based on the market's structure, you can find multiple possible buying zones with a high probability of buying scenario.
Follow for more
US100 3June2023it could be that wave 5 is extending to the 1,618 level, this does not violate the elliot wave rule.
Many people misunderstand the Elliot wave rule, they think that wave 3 must be the longest, but in fact wave 3 is not the shortest. in this case wave 3 is longer than wave 1, but wave 5 is longer than wave 3. so, wave 3 is still not the shortest of the 3 impulse waves that occurred.
NASDAQ (US100) - Long after filling the imbalance ✅Hello traders!
‼️ This is my perspective on US100.
Technical analysis: Here we are in a bullish market structure from 4H perspective, so I am looking for longs from discount zone. I expect price to continue the retracement to fill the imbalance lower and then to reject from bullish order block.
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NASDAQ - 500 PIPS+ MOVEMENT OUTLOOKIn the following image, I've provided my analysis for the pair 'NASDAQ'. The image shows the potential upside movement for NASDADQ next week.
NASDAQ has 2 nearest bullish order-block that hasn't been filled yet (H1). So we're expecting NASDAQ to hit it's Fibonacci 1.618 retracement before making a secondary reaction (correction wave movement).
What do you think? Do we have the same idea? If you have a different one, feel free to hit me up! Let's discuss!
NASDAQ (US100) - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on US100.
Technical analysis: Here we are in a strong bullish market structure from 4H timeframe perspective, so I am looking for longs. My point of interest if price make a retracement, fill the imbalance lower and then rejects from bullish order block, I will open a long position.
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NASDAQ BREAKDOWN ANALYSIS 24/05/2023dear traders nasdaq was bearish yesterday and it may continue down so as you can see ine the chart i anticipate price below the block will be for sell and if he reacte from imbalance zone you may look for buy trade safe and follow the instruction
good luck
US100 22May2023Nasdaq moves higher according to last week's analysis. right now I'm trying to pull the Fibo extend from wave I and the price position is still not 1:1 with wave I. There is a possibility of a wave III extend so you can enjoy long bullish here, take the opportunity to buy when there is a slight retracement
NASDAQ (US100) - Expect retracement ✅Hello traders!
‼️ This is my perspective on US100.
Technical analysis: Here we are in a strong bullish market structure from 4H timeframe perspective, so I am looking for longs. My point of interest if price make a retracement, fill 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!