Ustech100
Nasdaq Analysis Today was a great day. Price reached our first area of resistance at 11088. This area is a key area as I stated in the previous analysis. If this area fails to break price will push back down to 10690-10526. However if price breaks up then we may see11309. Tomorrow will be a interesting day. On the daily timeframe price has been consolidating and a close above the 11088 area can change the market quite a bit.
Nasdaq Analysis Hello Everyone,
Earlier this week, we had a break of a very strong key area of support 11088 which pushed price further down to 10690 area, if this area breaks then we can see further bearish movement to 10526-10371. However if price does not break 10690 then price can push back up to 11088 area.
I have drawn key areas to watch out for this week.
Bears: 10526-10371
Bulls: 11088- 11497
Will keep you guys posted throughout the week.
Nas 100 Correction (Official Bear Market)
The Nas100 is at an important cross road after the close of the monthly candle of September 2022. The manner in which the monthly candle has closed may indicated that the Nas100 just gone from bull
and now into an official bear market according to price behaviour. We can also see that price has created a change in market structure by means of a new low, which may signal the start of a bear market.
This type of price behaving was last seen in 2008 when the Nas100 went into a correction of about 40% before creating a market bottom. We expect that a similar type of correction is on the cards this time
around. Since are already in a correction we could see a further decline of between 20- 37% resulting in a total of between 43% - 57% decline since the peak formed in November 2021.
This is in line with the interest rate hikes currently taking place in the US and around the world, as central banks try to control the ever increasing inflation, which will lead to a slow down in economic
growth, a fall in company profits and result in job losses and a fall in consumer spending. The issues taking place in other part of the world such as the war between Russia and Ukraine and the covid19
lockdowns in China, one of the worlds largest economies is also not helping current global economic lock which puts further pressure on central banks to keep in hiking rates in the bid to bring down inflation.
US TECH: Would you like butter on that toast?When US Tech stocks were heading in a northbound trend, nobody had a problem in 'predicting' anything.
Now we see the emergence of a death cross, and folk are struggling to believe what's happening. At each major bearish rebellion in the bear trend, there are shouts of hope.
Even slight increases in unemployment are now a cause for hope. Because hopesters 'know' that poor employment is a sign that inflation is being beaten. And if inflation is being beaten then the FED will back off with QT and interest rate hikes. Well of course it doesn't quite work like that - there is a more complicated relationship between employment and inflation.
So volatility in all markets drawing strength from US TECH has been up lately.
Two key things to watch:
1 - Amber daily ATR.
2 - 200 EMA in relation to daily ATR.
The markets have a lot of work to do before there is a clear reversal for the north. Most of them would have to break above a daily ATR and remain above for considerable time. No sign of that as yet.
US TECH 100Us tech 100 breakout submitted major level but next candle will be decide either market trend continues further low or it was a fake out ,if green candle closing above major level than we can see upside move for short term otherwise after retesting breakout level we can see further dip in the market.
Nasdaq100 M15Price is compressed . Waiting for feds to to decrease the rates to hit a new high of the months
NASDAQ IN 15 MIN OPPORTUNITYdear traders nasdaw was down from yesterday he's in range you shoud buy at 12160 and if he turn down again you should sell at 12180 wait always for confirmation best of luck
USTECH 100/NASDQ | Perspective for the week | Follow-up detailFollowing the strong sell that characterised this market in the last two weeks where we were able to scoop about 1,400 pips since my last publication on the index (see link below for reference purposes); we are currently at a critical point at around the $12,000 zone going into the new week. Are we going to be seeing buying potential during the coming week or a breakdown of the $12K zone will incite a plunge in the price of the index?
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Further downside is expected on NAAS100USDNAS100USD - Intraday - We look to Sell at 12190 (stop at 12371)
The medium term bias remains bearish. A sequence of daily lower lows and highs has been posted. We can see no technical reason for a change of trend. Further downside is expected although we prefer to sell into rallies close to the 12200 level.
Our profit targets will be 11760 and 11600
Resistance: 12200 / 13670 / 15200
Support: 11760 / 11000 / 9660
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
nasdaq in 15 min next movedear traders nasdaq gave us some of orderblock that means reaction of buyers are stronger so respect the zone and look for best entry
Joe Gun2Head Trade - More downside for NASDAQTrade Idea: Selling NASDAQ
Reasoning: Lower prices expected
Entry Level: 12408
Take Profit Level: 12052
Stop Loss: 12484
Risk/Reward: 4.39:1
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NAS100USD "LONG"Given the above structure we can see that Nasdaq has potential to buy after it extends the new low by buy creating the "HEAD" at around the 10000.00 region as for we can see it has already create the left shoulder , after head is created this should be the LOW of the year and we hold till it creates the new yearly highs breaking previous high
Is it ripe to sell USTech100? | New perspective for the weekFrom a technical perspective, I have identified a simple setup in the form of a trend continuation pattern where there is the possibility of either a breakout or rejection of this trendline to send price, either way, this new week.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Short term momentum is bearish on US Nas 100NAS100USD/b] - Intraday - We look to Sell at 13124 (stop at 13319)
Short term momentum is bearish. There is scope for mild buying at the open but gains should be limited. Horizontal resistance is seen at 13150. Resistance could prove difficult to breakdown. We look to sell rallies.
Our profit targets will be 12705 and 12600
Resistance: 13150 / 13600 / 15200
Support: 12700 / 12000 / 11200
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'