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Nasdaq100 What Now Episode 21Who’s In The Nasdaq And What Are They Doing? My plan for this week is: Start from the Monthly since we’ll be in May (by the way, Happy new month) wait for that new candle to pop and see how it opened. Then head over to the weekly. On the weekly, we are currently bearish with the market below previous Lower-lows. But I mean, Anything is possible (Plus we’re news packed for this week?). Furthermore, I’ll be waiting to see if we open up bullish. If we do, then you know—Head over to the daily for confirmations. I feel like for the Nasdaq100 bulls to come in, the 12800 (check this link to see them mark-ups) zone needs to become support. If that zone breaks, then we’ll be really going for that funeral in Nasdaq100. I mean there’s a lower high created already so damn I see a clean 12k if there’s a break. Anyway, the 4-hour will be for rejections as usual, then the 15 minutes—my entry time-frame. Let me see what Monday holds. The month of April, the tech-heavy Nasdaq100 logged its largest monthly drop since the 2008 financial crisis. Last week, I said—“What’s my plan? Same old. Weekly and Daily: Directions. I mean since we’re really bearish now, I might as well keeping looking for sells. As long as, we don’t pass the previous Lower-high at: 13700 (4-hour lower-high) I’m selling. So, I’ll be looking for new highs on the 4-hour. Then, I’ll be going to the 15 to look for entries. Let’s see how that goes”.. This week, Bleh🤦‍♀️. That plan went well only on Friday (The sell-off accelerated on Friday followed a disappointing earnings and guidance from Amazon (NASDAQ:AMZN) that sent the e-commerce giant’s shares down 14%). The Nasdaq100 this week was insane especially on Wednesday and Friday. Monday started it. Honestly, The Monday’s market was really a come back proudly brought to you by the bulls. The market for last week, dropped to 12806 but—on Monday, we got the bulls fighting tooth-and-nail to come back in, Which was crazy. They made it look mixed. I remember just going with my sells till I got stopped out. Anyway, that really set the mood for everything. However, on Tuesday, the bears took the market down. Smooth-sailing if you ask me. On the 240, that was a lower high so it wasn’t surprising: the bearish continuation we got. By the way, I made some humble pips 🥴. Wednesday😂. Luna-Wednesday.. A day for madness. Nasdaq100 on Wednesday was the day I literally felt my emotions flood in. The market was so mixed that you could take a sell and buy at the same time and still be in loss. 😂Honestly, no jokes. It was that stupid. By the way, this lady—stayed away. Ain’t losing my mind for no market. Hmm.. Thursday, the bulls took the baton and we got a 13400 hit which they failed at New-York close because it wasn’t long before the bears started leaving signs again. Finally, Friday was mixed at first but, the Nasdaq got some liquidity pumped into her after the US market opening. That was a summary of how last week in Nasdaq100 went down. This week, is a actually a new month and I feel like it will not be exempted from madness. Here’s what to expect: The fed guys reserve is almost ready. from the news below, That would take place on Wednesday. Also, The labor market. Another key part of the Fed guys mandate and Friday’s NFP is expected to show that jobs growth remained robust in April. Did it though? I guess we’ll know.. What’s your pick, Dovish or Hawkish? Nasdaq100 High Impact News For 2nd-6th Of May, 2022 The gist. Usually, Mondays are news free but I guess the month of May is coming with a different vibe. Monday, May 2, 2022 by 15:00—We’ve got the ISM Manufacturing Index. The Institute of Supply Management (ISM) Manufacturing Purchasing Managers Index (PMI) Report on Business is based on data compiled from monthly replies to questions asked of purchasing and supply executives in over 400 industrial companies. For each of the indicators measured (New Orders, Backlog of Orders, New Export Orders, Imports, Production, Supplier Deliveries, Inventories, Customers Inventories, Employment, and Prices), this report shows the percentage reporting each response, the net difference between the number of responses in the positive economic direction and the negative economic direction and the diffusion index. Responses are raw data and are never changed. The diffusion index includes the percent of positive responses plus one-half of those responding the same (considered positive). The resulting single index number is then seasonally adjusted to allow for the effects of repetitive intra-year variations resulting primarily from normal differences in weather conditions, various institutional arrangements, and differences attributable to non-moveable holidays. All seasonal adjustment factors are supplied by the U.S. Department of Commerce and are subject annually to relatively minor changes when conditions warrant them. The PMI is a composite index based on the seasonally adjusted diffusion indices for five of the indicators with varying weights: New Orders –30% Production –25% Employment –20% Supplier Deliveries –15% and Inventories — 10%. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD. Secondly, Tuesday May 3, 2022 at exactly 15:00 GMT—is the: JOLTS. This is a survey done by the US Bureau of Labor Statistics to help measure job vacancies. It collects data from employers about their businesses’ employment, job openings, recruitment, hires and separations. JOLTS defines Job Openings as all positions that are open (not filled) on the last business day of the month. A job is “open” only if it meets all three of the following conditions: 1. A specific position exists and there is work available for that position. 2. The job could start within 30 days, whether or not the establishment finds a suitable candidate during that time. 3. There is active recruiting for workers from outside the establishment location that has the opening. A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD. On Wednesday May 4, 2022 by 13:15 GMT—The ADP National Employment will take place. The ADP National Employment Report is a measure of the monthly change in non-farm, private employment, based on the payroll data of approximately 400,000 U.S. business clients. The release, two days ahead of government data, is a good predictor of the government’s non-farm payroll report. The change in this indicator can be very volatile. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD. Same day by 15:00 GMT will be having A repeat of Monday’s ISM Manufacturing Index news while, by 15:30 is the Crude Oil Inventories. The Energy Information Administration’s (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US firms. The level of inventories influences the price of petroleum products, which can have an impact on inflation. If the increase in crude inventories is more than expected, it implies weaker demand and is bearish for crude prices. The same can be said if a decline in inventories is less than expected. If the increase in crude is less than expected, it implies greater demand and is bullish for crude prices. The same can be said if a decline in inventories is more than expected. Listen, Wednesday is packed. So heads up on that day because by 19:00 GMT, the feds take over. First is the FOMC. The U.S. Federal Reserve’s Federal Open Market Committee (FOMC) statement is the primary tool the panel uses to communicate with investors about monetary policy. It contains the outcome of the vote on interest rates, discusses the economic outlook and offers clues on the outcome of future votes. A more dovish (bearish/slow economical growth) than expected statement could be taken as negative/bearish for the USD, while a more hawkish (bullish/rising inflation) than expected statement could be taken as positive/bullish for the USD. Same day; same time is the Vote. Federal Open Market Committee (FOMC) members vote on where to set the rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation. A higher than expected rate is positive/bullish for the USD, while a lower than expected rate is negative/bearish for the USD. Finally on Wednesday, by 19:30 GMT. The U.S. Federal Open Market Committee (FOMC) Press Conference.. Thirdly, Thursday May 5, 2022 at 13:30 GMT is the Initial Jobless Claims. The Initial Jobless Claims measures the number of individuals who filed for unemployment insurance for the first time during the past week. This is the earliest U.S. economic data, but the market impact varies from week to week. A higher than expected reading should be taken as negative/bearish for the USD, while a lower than expected reading should be taken as positive/bullish for the USD. Lastly, By Friday May 6, 2022—13:30. The rates of unemployment will be released. The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment during the previous month. A higher than expected reading should be taken as negative/bearish for the USD, while a lower than expected reading should be taken as positive/bullish for the USD. Same time is the Nasdaq100’s very own “NFP”. The Nonfarm Payrolls measures the change in the number of people employed during the previous month, excluding the farming industry. Job creation is the foremost indicator of consumer spending, which accounts for the majority of economic activity. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD. According to investing , “Friday’s nonfarm payrolls report is expected to show that the U.S. economy added 380,000 jobs in April, while the unemployment rate is expected to tick down to 3.5%. The jobs report comes on the heels of data last Thursday showing that the U.S. economy unexpectedly contracted in the first quarter, but the decline was largely driven by a wider trade deficit as imports surged, and a slowdown in the pace of inventory accumulation. Domestic demand remained robust, allaying fears of a recession. But the outlook for the economy continues to be clouded by concerns over the economic impact of the war in Ukraine, rising bond yields, new coronavirus lockdowns in China that could stymie improvements in global supply chains, and more aggressive monetary policy tightening by the Fed“. In conclusion, after all this I don’t know if I should tell you to stay away this week. But you know what? Just be really careful. Look left, right, and left again before you cross roads. Have a beautiful month and successful week. All economic data are credited to investing.com
OANDA:NAS100USD
by lazyluchi
2
Nasdaq100 What Now Episode 20 Nasdaq100 yesterday was on some cool bullish vibes. Who would have thought? Hmm.. maybe me. Anyway, I just want you all to choose peace today (lol) Not violence. Free day; No News (major one) so, chill. In this video, I talked about the weekly being really indecisive, the daily showing some bullishness however, we got past previous low. The question now is, are the bulls back/ If yes, how long are they staying before we send them packing? Listen! I also marked two zones: one---supply the other, demand. On the 15 the bulls are looking to get back but we're still trading above previous ss higher-lows. What could this mean? Well if you ask me? I'll say trade that trend till you're wrong. Have a blissful and profitable day. Love, Lazyluchi.
OANDA:NAS100USD
by lazyluchi
Nasdaq100 what now episode 19 Nasdaq100 bulls were really every-where in this down-trend yesterday. I wonder-ed why. Until the news popped and I saw that the fundamentals turned out positive. However, They left signs: Bullish divergences on both the 4-hour and daily. The market started creating Higher-lows. Listen after yesterday, I realized that: you never really know anything. The market can just switch up on you. Anywhere I guess my waiting wasn't in vein cos' I stayed away from the madness still ongoing. The bulls are still guarding the 12800 and I can't help but wait and see if they can. In today's news, we've got GDP and Initial Jobless Claims by 1pm GMT +1. (set that).. Let's see if the zones marked (12950 and 13250) get broken today. If you love my ideas, It doesn't cost a thing to smash that like button and subscribe. I appreciate you all. Thank you! Love, Lazyluchi for Nasdaqgods
OANDA:NAS100USD
by lazyluchi
Nasdaq Analysis A beautiful break out of trend line, broke through 13250 and now on route to 13000 area as explained on previous analysis. This area is the monthly structure and we expect all the buyers to be sitting here. However as this structure has been hit few times now i wont be surprised if this structure lets through and we may go lower than 13000. If you missed this trade then be patient and wait the price will pullback shortly and then take the final push for the day. look for 13300-13250 area for entries. We cant be in everyday, when we miss the train we wait for the next one patiently.
OANDA:NAS100USD
by LondonTradingFloor
Nasdaq100 what now episode 16Look at the chart above.. Gibberish! That's all I see. Today has been the absolute worst in terms of structure. It's Funny how it's a clear down-trend on the 4-hour even the daily. But the bulls aren't giving it a rest. Break-outs with no retest. Both parties are in a tug-of-war. If you take a sell, you lose; if you take a buy, you lose. Listen! I feel like today's a deciding day though. The bears aren't giving up neither are the---bulls. The 4-hour time-frame however has a lower-lo hanging waiting to see if the might bulls can break the 13573 daily 23% fib level structure. What the actual hell is going on? The daily is really close to the 0% at 13079 but the bulls said, "No sir". The weekly however, has failed to break past previous lower-lows at 13,000. Every time-frame with own madness. Today has taught me numerous lessons. The most vital still remain these two: 1. Anything can happen and 2. No two market movements will be the same. Every market's movement is unique. I really don't know who will win today but.. If there's a break, I'll like to be on the winning side. Love, Lazyluchi for Nasdaqgods.
OANDA:NAS100USD
by lazyluchi
2
Nasdaq100 what now episode 15"This week, the trading plan still remains the same. Little tweak though. Firstly, know the over-all direction. For this one—my best bet is downwards. honestly, the weekly looks more confused as ever. There’s a possibility that we might get a higher-low but until that’s established, I’ll be taking my sells. Secondly, Marking major HHs/HLs and LHs/LLs. Looking to see rejections on the daily to give me a signal as to what these bears are really doing. Then for the time-frame task, The weekly and daily: directions, The hour 4: rejections, the 15 minutes: entries. Then I wait for them confirmations and execute! Hope that goes well? ".. My Trading plan for last week. Did that go well? Yes sir! Listen—I feel like all my year and the half of trading Nasdaq100 “professionally” last week has been my best so far. There’s one thing I realized though, That is: Follow your plan. Look, you got a plan? follow that guy. Don’t change nun ‘in.. Just—follow! I noticed how much that sky-rocketed my performance. Honestly, Nasdaq100 this week, we might all just be going for a funeral. “Why?” You’re probably wondering, Well, did you see how it ended. The lady dropped like 3% from last week. Close to 2,ooo points or more. The Nasdaq100 is currently at 13319 (as I write this) and I don’t even think we’re done. You know that Inverse head and shoulder that showed up? Destroyed! The weekly time-frame presently is currently looking to get past the previous Lower-low at (13319) The next level—13,000 isn’t far-fetched. The daily 0% fib level at 13079: isn’t as well. The bears are really wilding. The CBOE NASDAQ100 VOLATILITY INDEX is real bullish now! Dude is almost at 37 points. Imagine going to 40, where do you think the Nasdaq will be? Look at this picture, tell me what you see: for me, A broken possible bullish structure. A double top with new lower-highs and a possible continuation to create a new lower-low. Screaming “BEARS”!!!.. Monday was all chill, I mean there wasn’t any news. Funny how we got a pin-bar on Monday on the daily time-frame. The bulls came in for a bit. No news release; No crazy movement. However, this all went left on Tuesday, April 19th, 2022. By 13:30, we got the Building Permits which turned out positive with a 1.873M reading. That brought the bulls in. We all thought: “Finally the bulls are back”. Uh! too soon. Wednesday, 20th April, 2022 appeared mixed after a negative Existing home sales with a 5.77M reading and a positive Crude oil inventories by 15:30 with a -8.02M reading. The daily left a rejection candle after that. Coincidence—Uh! maybe not. Furthermore the dreadful Thursday. I called it that because you seriously need to see it’s reaction. The bullish tables flipped. Them legs got broken, shattered into a million pieces. Even started getting termite holes and stuff. The bears came in growling after the negative Initial Jobless claims with a 184K reading by 13:30 as if that wasn’t enough, the Philadelphia Fed Manufacturing Index also turned out negative with a 17.6 reading. Less than 3-hours after came the Fed news. Twice! Look the market bled. Never seen in years. The Nasdaq100 screamed but I don’t even think any-one cared to listen. Shii! we all were trying to make some buck. On Friday, That was just a continuation. The bears continued and now looking to create another lower-low. What’s my plan? Same old. Weekly and Daily: Directions. I mean since we’re really bearish now, I might as well keeping looking for sells. As long as, we don’t pass the previous Lower-high at: 13700 (4-hour lower-high) I’m selling. So, I’ll be looking for new highs on the 4-hour. Then, I’ll be going to the 15 to look for entries. Let’s see how that goes. Don’t miss my streams though! Nasdaq100 High Impact News For 25th-29th Of April, 2022 You’re probably wondering, “what should we expect?” Don’t worry—I’ll tell you. This week, as usual, The Monday is free from demons. Tuesday however, This is where all the madness starts. The 26th April, 2022 by 13:30, We’ve got the Core Durable Goods Order. This measure the change in the total value of new orders for long lasting manufactured goods, excluding transportation items. A higher reading indicates increased manufacturing which is bullish for the USD. Also same day; different time. By 15:00, we’ve got the New Home Sales. This measure the annualized number of new single family homes that were sold during the previous month. P.S: This particular repot tend to have more impact when it’s released ahead of existing home sales because the reports are tightly co-related. However, a higher reading is bullish for the USD. Same time, doesn’t end. Y’all be mindful of Tuesday then. We’ve got the CB Consumer’s Confidence. It measures the level of consumer’s confidence in economic activity. A higher reading=Higher consumer’s optimism which is also bullish for the USD. Wednesday April 27th, 2022. By 15:00, The Pending Home Sales. It measure the change in the number of homes under contract to be sold but still awaiting the closing transaction, excluding new constructions. A higher than expected is bullish for the USD. Same day; different time. By 15:30, Crude Oil Inventories.😒(again?) Anyway this guy, we all know what he does. A higher reading is weak for the USD. Therefore, bearish. The level of inventories influences the price of petroleum products, which can have an impact on inflation. Finally, Dreadful Thursday. The 28th of April, 2022 by 13:30, we’ve got Initial Jobless Claims 🤦‍♀️(Y’all already know, I’ll just repeat) This measure the number of individuals who filed for unemployment insurance for the first time during the past-week. A higher reading than expected is bearish for the USD. Same time, The GDP—The gross domestic product, measure the annualized change on inflation-adjusted value of all goods and services produced by the economy. Listen, it is—this is the primary indicator of the economy’ health. If the actual is greater than the forecast, it will be Bullish for the USD. Be sure to read all, stay safe, and make that buck.
OANDA:NAS100USD
by lazyluchi
9
Nasdaq100 what now episode 14Nasdaq100 bears jumped right in after the negative outcome of yesterday news as well as, fed minute release. The Bears seem to have destroyed every plan of the bulls including the "inverse head and shoulder" Now more than ever, all signs and hands are pointing towards the direction of the bears. Hmm, Next stop for them might just be the weekly 0% fib level at 13319. Till then, Have a great and blessed weekend. Do me a huge favor: smash the like button, comment, and follow me. Love, Lazyluchi
OANDA:NAS100USD
by lazyluchi
2
Nasdaq100 what now episode 13In this video, I marked my levels. A summary is, the market has given us valid structures at 14200 and 14,000. As long as the market trades below 14,200.. We're looking to take sells but---as soon as it's past past there; Buys! Similarly, if the nasdaq100 trades above 14,000 without breaking, we can expect the bulls but if below 14,000---more sells. Hope this helps some-one. Do me a huge favor: smash the like button, comment, and follow me. Love, Lazyluchi
OANDA:NAS100USD
by lazyluchi
1
Joe Gun2Head Trade - NASDAQ reversal?Trade Idea: Buy NASDAQ Reasoning: Potentially in the early stages of forming a Head and Shoulders bottom. Entry Level: 14110 Take Profit Level: 14426 Stop Loss: 13990 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis, as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
FOREXCOM:NAS100Long
by Signal_Centre
NASDAQ bullishHello traders, UStech is again showing bullish signs for short term highs. It could be a good set up and watching price in the shaded area is necessary, price could even extend more from the shaded region but don't make haste for the executions. Invalidation zone doesn't describes the stop-loss but we can see multiple setups forming for bullish scenario and that is where we have to anticipate and find the proper stop-loss with less amount of risk in terms of price and also money management is necessary with any trade setup. Targets are highlighted on the chart. Good luck everyone, safe trading! Cheers. Note: This trade commentary is not a trade signal but only published for learning purpose. Thanks, Trader John play Ers
OANDA:NAS100USDLong
by Sunnyboy_001
Nasdaq100 What Now Episode 12It's 19th of April, 2022. We're currently in the 12th episode of this. Here's the vibe: Nasdaq100 weekly is starting to look bullish and honestly, not going to lie---that's really weird. Because, there're two sides to this coin. 1. Dt with a BRS formation. 2. DT with a MSS formation. So, in this video, I marked the candle to look out for and showed on different time frames. P>S: MAKE SURE TO WATCH THIS VIDEO TILL THE END TO CATCH THAT, HAHA! IF NOT, I"LL BLOCK YOU (just kidding) NO I"M NOT! Anyway, the VXN is looking to fill a gap not sure how fast that will happen but, We'll see.. Hey! don't miss my streams. I usually give out great trades (side-note) Do you like my idea? If yes, do me a huge favor and smash the like button, comment, and be sure to follow me to know when I post. Cheers, lazyluch
OANDA:NAS100USD
by lazyluchi
Nasdaq100 What Now Episode 11Who’s In The Nasdaq And What Are They Doing? Hey traders, so last week was really “Bearish with lot of annoying ranges”.. The major structure though, bearish. That didn’t stop the bulls from just messing around with “#ME!”. Pretty annoying.. Haha. Anyway, the plan was bearish until there was a reason to buy—that’s what I did. Although, Tuesday changed that plan. Before I dive into that, These were my exact words for last week—“.. since all levels are pointing downwards, even the relative strength index are all below 50%, I'll be taking more of sells till there's a change in the trend. If the Nasdaq100 gives us a higher-low instead of lower-low, then BUYS!!!..” The Nasdaq100 never gave is that Higher-low. Instead, the lady just kept falling like she fell off the Dubai’s Burj Khalifa’s Balcony. Rubbish!!! 😂😩 Anyway, back to Tuesday. The CPI (consumer’s price index). Dude! (In peter parker’s voice) This CPI ain’t a joke though. You know how I said the Bears came in—but the bulls didn’t stop fooling around. It’s this guy’s fault. The Bulls went wild after the “negative 0.3%” release of the Consumer’s Price Index. I started wondering, what is this? Negative news with a positive reaction. Little did I know that it was all a re-group. In less than minutes—The bears 🐻 got their Mojo back. “Mutha-heffas”.This fight went on for a while though. On Wednesday came the PPI although 1.4% positive, the bears didn’t stop fighting their way back. Wouldn’t blame them after that negative 9.382 million Crude Oil Inventories release news. Guess what! Mixed. That was the reaction of that one—we started going side-ways man. Then came Thursday’s News release: Retail sales with negative 0.5%, Core retail sales with positive 1.1%, and Finally, Initial Jobless claims with negative 185 thousand.. Hmm—that Jobless rate though. Gave the bears more strength in getting back. These guys took the market real low back to the 38% (13894) daily fib and even went past it. It seemed like the bulls finally got their strength but sorry they got attacked almost immediately.  This week, the trading plan still remains the same. Little tweak though. Firstly, know the over-all direction. For this one---my best bet is downwards. honestly, the weekly looks more confused as ever. There's a possibility that we might get a higher-low but until that's established, I'll be taking my sells. Secondly, Marking major HHs/HLs and LHs/LLs. Looking to see rejections on the daily to give me a signal as to what these bears are really doing. Then for the time-frame task, The weekly and daily: directions, The hour 4: rejections, the 15 minutes: entries. Then I wait for them confirmations and execute! Hope that goes well? The relative strength index is actually below 50% n all these time-frames and the fibs below the 50%. Till then, I'll be looking at that 13583 daily fib level. Now, the news.. Nasdaq100 High Impact News For 18th-22th Of April, 2022 On Monday 18th of April, 2022. There will be no high impact news for this guy. However, Tuesday the 19th, by 13:30 GMT---We've got "The Building Permits". The Building Permits measures the change in the number of new building permits issued by the government. Building permits are a key indicator of demand in the housing market. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD. Wednesday, 20th April,2022. By 15:00 GMT, The gist is Existing Home sales. A brief: Existing Home Sales measures the change in the annualized number of existing residential buildings that were sold during the previous month. This report helps to gauge the strength of the U.S. housing market and is a key indicator of overall economic strength. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD. Still Wednesday and the crude oil inventories holds by 15:30 GMT. A Brief: The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US firms. The level of inventories influences the price of petroleum products, which can have an impact on inflation. If the increase in crude inventories is more than expected, it implies weaker demand and is bearish for crude prices. The same can be said if a decline in inventories is less than expected. If the increase in crude is less than expected, it implies greater demand and is bullish for crude prices. The same can be said if a decline in inventories is more than expected. Further-more, Thursday the 21st of April, 2022. Around 13:30 GMT, My all time favorite (only because it's frequent) will take place. Here's a brief incase you forgot---Initial Jobless Claims measures the number of individuals who filed for unemployment insurance for the first time during the past week. This is the earliest U.S. economic data, but the market impact varies from week to week. A higher than expected reading should be taken as negative/bearish for the USD, while a lower than expected reading should be taken as positive/bullish for the USD. Same day; same time is the Philadelphia Federal Reserve. The Philadelphia Federal Reserve Manufacturing Index rates the relative level of general business conditions in Philadelphia. A level above zero on the index indicates improving conditions; below indicates worsening conditions. The data is compiled from a survey of about 250 manufacturers in the Philadelphia Federal Reserve district. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD. Finally, same day but by 16:00 and 18:00 respectively. We'll be having a back-to-back FED meeting. Here's a brief---Federal Reserve Chair Jerome Powell (Feb. 2018 – Feb. 2022) is to speak. As head of the Fed, which controls short term interest rates, he has more influence over the U.S. dollar's value than any other person. Traders closely watch his speeches as they are often used to drop hints regarding future monetary policy. Do you like my idea? If yes, do me a huge favor and smash the like button, comment, and be sure to follow me to know when I post. Cheers, lazyluchi
OANDA:NAS100USD
by lazyluchi
5
Nasdaq What Now Episode 9Hey chat, so today's Good Friday and the market's closed. However, Here's the view so far. So the Nasdaq100 bears got their strength back after the whole negative news releases and sentiments. The question is: Where's the next Lower-low? On the weekly, the next fib level is at: 0% - 13319.. Funny how that guy is still going down. Is it a possible reach? Weekly chart: On the daily however, the Nasdaq100 has actually broken pass the 50 and 38% fib. The next "23%" which is --- 13583. Furthermore, we probably will get there before the weekly 0%. If we get to the weekly first, then big bears!!! Daily chart: 240 chart: I marked my levels on the 4-hour waiting for a move from the market.. What's your take and how was your week? hey trader, do you like my idea? If yes, do me a huge favor and smash the like button, comment, and be sure to follow me to know when I post. Cheers, lazyluchi
OANDA:NAS100USD
by lazyluchi
5
Nasdaq 100 What Now Episode 8Hwey Traders, Good-morning so the Nasdaq100 bulls have been trying their hardest to get back into this market. With the VXN down, That isn't so hard now. Anyway, I'm looking at the recent supply zone (previous LH at 14300) waiting for a Higher-high if gotten, then I'll consider sells. If not, then I'll go short. What's your plan for Nasdaq100? By the way, In today's news by 13:30 GMT, we've got retail sales and Initial Jobless claims. hey trader, do you like my idea? If yes, do me a huge favor and smash the like button, comment, and be sure to follow me to know when I post. Cheers, lazyluchi
OANDA:NAS100USD
by lazyluchi
1
Nasdaq100 What Now Episode 7Hey chat, So the bulls came out of hiding during the CORE CPI which had a low reading by the way. I actually thought that was weird till the bears returned. Anyway, do you see that we finally got a gap fill in VXN. What are the freaking odds right? The fib levels have been pretty useful lately. The 50 and 38% daily fib have all been hit. However, we got a bounce off the 38 which gave room for a double bottom on lower tim-frames. Again, what are the odds? Now, all I can say is let's wait to see what these Bullish signs mean. First a bullish divergence, now a double bottom.. Hmm! finally, what are the "damn" odds? For the news: We've got the PPI by 13:30 GMT and Crude oil Inventories by 15:30 GMT.. Don't ignore your fundamentals and sentiments! Do me a favor and smash the like button, be sure to follow me, and leave a comment---I love reading those. Cheers, Lazyluchi
OANDA:NAS100USD
by lazyluchi
Nasdaq100 What Now Episode 6Hey chat, so the Nasdaq100 is currently still bearish as the bears are still pushing. The weekly 23% and Daily 50% got smashed today which are 14044 and 14146 respectively. Now, the bears are looking at the weekly 0% and daily 38% which are: 13319 and 13894 respectively. The bulls coming back might really be a huge surprise. However, for now, I don't see any sign except this little bullish divergence which ended being a little pullback. Anyway, welcome 14k Nasdaq100. By the way, if you love my ideas, leave a like, follow me for more (It allows you know when I post or stream), and leave a comment love reading them. Cheers, Lazyluchi
OANDA:NAS100USD
by lazyluchi
Nasdaq 100 What Now Episode 5Who’s In The Nasdaq And What Are They Doing? Last week, the Nasdaq100 fell. In the previous episodes I said, “I’ll be looking to short the Nasdaq100 if the 15,000 remains a resistance. Shorting it to next support level at 14,680. However, if that 15,000 turns support, I’ll be looking to buy the return of the bulls—at least back to 15,200. What do you think?”.. Well, as you saw, the bears won. I took more of sells than buys because of that. However, the Nasdaq100 played with me a little bit before it went my way. Anyway, no chit (haha). In the previous news, We kicked off with the ISM Manufacturing PMI which turned out with a negative 58.3 reading.. This gave strength to this Nasdaq100 bears. Albeit, There’s this double top with a lower high that formed on the weekly, then—on the daily—The 4-hour took a while before it reacted to that. Back to the news, we also had crude oil inventories which also popped up negative. It had a 2.421 negative reading. Furthermore, A mixed market turned up on Wednesday during the FOMC.. The Nasdaq100 bulls switched up on these bears. We ended the week with a positive JOBLESS CLAIMS funny how that threw me off balance. I wondered.. if the bulls were back only for the bears to turn those tables real quick. What is the plan then? Honestly, I ‘ll be waiting for the Monday to give me a taste of what to expect. However, since all levels are pointing downwards, even the relative strength index are all below 50%, I’ll be taking more of sells till there’s a change in the trend. If the Nasdaq100 gives us a higher-low instead of lower-low, then BUYS!!! Let’s see what gist this week has install for us. Hold-up, Not ending this one without speaking the VXN (Volatility index for Nasdaq100). Well, hmm, it hasn’t exactly been reliable only because it only opens during US market open and even opens with a gap most times. However, I realized it’s best we analyze that as well. The VXN’s Fib and RSI levels: On the weekly, the RSI is currently at 50.54, Daily-46.76, 240-49.54.. You can see that the bulls 0f VXN seem to be prepping. As for fib (Fibonacci) levels, check last heading. Nasdaq100 High Impact News For 11th-15th Of April, 2022 Monday is news less. However, on Tuesday, 12th April, 2022 by 13:30 GMT—We’ve got the “Core consumer price index”. The core CPI measure the changes in the price of goods and services. However, this is from the consumer’s perspective. The CPI measure the changes in purchasing trends and inflations. A higher CPI reading is going to be positive for the USD, while a lower reading will be negative for the USD. By 13:30, Wednesday, 13th April, 2022—The Producers price index news will be up. The PPI measure the changes in goods and services from the manufacturers P.O.V. It measures consumers’ price inflation, which accounts for the majority of over-all inflation. A higher than expected reading is positive for the dollar while, a lower than expected reading is negative for the dollar. Still on Wednesday, by 15:30, we’ve got the Crude Oil Inventories. The crude oil inventories measures the number of barrels of commercial crude oil held by US firms. Meanwhile, this can actually have an impact on inflation. If there’s an increase in the crude oil inventories, that implies a weaker demand on the USD which is bearish for the dollar. A lower than expected is Bullish for the dollar. Thursday, 14th April, 2022 by 13:30 GMT, The core retail sales will take place. Retail sales measures the change in the total value of sales at the retail level in the US. It’s also an indicator of consumer’s spending and the US economy’s Pace indicator. A higher reading is bullish for the USD while, A lower than expected reading is bearish for the USD. Same day; same time, we’ve got the Initial Jobless claims which measures the number of individuals who filed for unemployment insurance and a higher reading is negative for the USD and vice-versa, also, Retail sales—measures the change in the total value of sales at the retail level. It’s actually the foremost indicator for consumers spending. Finally, Friday, April 15th is Good Friday for the US and that’s some holiday. Take the day off and chill with your loved ones. Relative Strength Index And Fib Levels In Nasdaq1o0 And VXN For the Nasdaq100, The weekly fib is as follows: 100% -16389.9, 78.6% – 15732.9, 61.80% – 15217, 50% – 14854.7, 38.2% – 144492.4, 23.60% – 14044.3, 0% – 13319.5. The daily: 161.80% – 165342, 100% – 15214.5, 78.6% – 14757.6, 61.8% – 14398.8, 50% – 14146.8, 38.2% – 13894.9, 23.60% – 13583.1, 0% – 13079.2. As for the RSI, The weekly is currently at: 45.63, daily 47, and 240 33.52.. As for the VXN, The weekly fib is as follows: 161% – 43.44, 100% – 35, 78.60% – 32.08, 61.80% – 29.79, 50% – 28.18, 38.20% – 26.57, 23.60% – 24.58, 0% – 21.35.. The daily fib: 161% – 43.79, 100% – 36.59, 78.60% – 34.10, 61.8% – 32.14, 50% – 30.76, 23.60% – 27.69, 0% – 24.94..
OANDA:NAS100USD
by lazyluchi
9
US100 / USTECH / NASDAQ / NAS100: Sell, Buy and Long Term SellThe structure was broken in the weekly chart, and if you are a long-term trader, you can still sell from the current price level, but I will be waiting till it comes to the premium price level, where I can sell from the highest price and where I can risk accordingly. In the daily chart, the structure was broken to an uptrend where I anticipate price to reach price level between 15500 to 16500 (I have marked as sell limits) and it is ideal to sell from these price levels. Short time frames 4H to below show that structure was broke to downtrend where the price can reach 13800 to 13000 levels (i have marked as buy limits) *** Trade at your own risk, This is what I see, and I'm on it*** If there are any different views, please comment and share what you see. Thanks. Happy Trading
UShort
by TuanMSallay
8