NAS100USD expanding triangleIt’s going up till 19629 (19753 in extension) then It’s going down till 18401 (18233 in extension)Shortby FXJ7776
NAS IDEA Hello all, Today, I am focusing on NAS from the 1D timeframe. - As we can see, price pushed hard to the downside retesting the previous demand zone highlighted by the rectangle box of $19,100 $18,900. - I expect a rally from this area to retest the supply zone of $19,600 - $19,500 before continuing to the downside. Like, share and comment! Longby Miles4life1113
Short Sell Analysis of NASDAQ Based on Technical Analysisthe NASDAQ Composite shows signs of incoming weakening, indicating a potential short-selling opportunity. It recently hit resistance at the upper boundary and now heading towards the profit taking zonesShortby realtrademasterUpdated 10
NDX Nasdaq 2024 Bear MarketWith some fun gaps to fill on the way down. See you in late October.Shortby rstephen72Updated 3310
Nasdaq ABC Correction Coming???Looking at the chart patterns, it looks like we are starting an ABC correction. Given the fundaments, recent highs, and going into an election at the end of this year, I suspect this ABC correction scenario will play out. There is a bullish case which would be an interest rate drop and this could lift the markets higher, but given the recent highs, this could already be factored into the price. With the Bearish case, we are going into the election and markets hate uncertainty, plus a possible Black Swan Event or Cyber Security issues could cause a bear market and go into a big correction. For now, I suspect the ABC correction is highly possible. Shortby FinancialLiberties4
QQQ THIS IS THE ONLY BULLISH WAVE STRUCTURE The chart posted is the NAZ 100 this is the ONLY bullish wave count left as the 7/11 2024 major cycle turn has come .I AM POSTING this as a WARNING To All and that the Presidential cycle calls for a another Up leg That is it NOTHING outside of this .We had record call buying and leveraged LONGS in the ETF market . into july 11 time cycle by wavetimer1
NasDAQ : Correction incomingHello there. Top is near ! The target continuation pattern is hit. So enter short when the red line is break. Simple ! Target : I don't know. Worst case : 16.5k Medium case : 17.4k Best case : 18.4k Best best case : 19.2kShortby LucideisriseUpdated 554
NASDAQ INDEX 2H TIME FRAME 7/24/2024Unfortunately, I believe the overall Nasdaq cycle has concluded, signaling an imminent deep correction on a quarterly basis. Standard deviations in time and price have been breached, alongside key economic events shaping the next four years' trade opportunities. Internally, we have likely completed leg 1 towards the downside, with the current distribution schematic marking a structural shift. Selling Nasdaq around 20400 is considered optimal trade entery supported by the value area high. Without forming leg 2, long-term selling perspectives face challenges under current conditions. Consequently, selling at present is a risky option. I am inclined to seek buying opportunities on corrections, which could manifest as ABC, flat, or WXY triangle patterns. This counter-trend approach may entail prolonged and choppy price movements. Nevertheless, internal standard deviations suggest caution in selling cycles. Hence, I will cautiously initiate small-risk purchases on Nasdaq, ideally targeting sell-offs above 20000Shortby spacedevil449
5 waves down complete in the nasdaq? looks like a nice 5 wave pattern down completed in nasdaq.. Ill be watching for the bounce here into aa wave 2Longby mrenigma5
Nasdaq Short continuationNasdaq appears to have shifted to a bearish structure on both the daily and weekly timeframes. The 4H is very bearish as well, so I’d be looking for a retracement near that white line, (or purple box ideally) before taking short positions. (Side note: I need to start posting the afters of these analyses -_-) Shortby AntRaibz666
IPDA cycle-NASDAQ bearish momentumNasdaq (US100) breaks its market structure shift on 24th July and activated bearish breaker on daily time frame. As per ICT's IPDA cycle theory, following targets are to be achieved by Algorithm in terms of sell side liquidity 20 days look back: 18.2k 60 days look back: 17-17.2 k Shortby Rameeez3
Nasdaq Intraday Review - Wednesday 24 July 2024I trade Nasdaq exclusively Trading in GMT time zone Sharing my post day review and analysis in case it can help you! Did my analysis at +- 5am GMT (12 am EST) Economic news - None News - Earnings news (Alphabet and Tesla) last night Directional bias - SELL, because last night the Day candle closed with a red doji candle after having touched the D - 0.382 sell fib level + D EMA. I woke up early to see what market was doing and noted a MASSIVE gap down - this confirmed my SELL bias Entered a sell on the 15min TF at the hand icon - confirmations: Break of the neckline of a DT that had formed on the 15min, 30min and 1H TF (TF confluence). Mental stop was placed at half the height of the DT (marked by the thick pink line). Price dropped beautifully. Closed half my position at the bang icon and will watch price action to close the remaining position. Bang icon = M - 0.382 buy fib level i.e. a strong possible reversal zone. This will be my last post for 4 weeks, as I am going on a long summer holiday! Feels so good to close out my trading on a nice big profit (2'968 pips so far). Hope you caught this sell! All the best...till next time! :) Abbreviations: TF = timeframe TP = take profit 1H = 1 hour 4H = 4 hour D = day W = week M = month S&R = support & resistance EMA = exponential moving average SL = stop lossby Jinxx840
Nasdaq-100 Index (US1OO): Important Breakout & Bearish Outlook↪️We have observed two significant breakouts on the Nasdaq-100 Index. The market has dropped below a strong upward trend line and an important horizontal support level. These broken structures now form an expanding area of supply. It is likely that we will see a continuation of bearish movement towards the 19,057 level. UShortby linofx13330
NAS100USD Will Go Down! Short! Here is our detailed technical review for NAS100USD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 19,550.4. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 19,100.0 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 445
NAS100 I Break of daily support level 19,467Welcome back! Let me know your thoughts in the comments! ** NAS100 Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!NShort02:05by BKTradingAcademy2
Waiting for bullish pattern candlestickswaiting game we must note that the market has been bridged last weeks low and many are enticed to take sell trades as trade followers due to Fomo, i believe this move is a false move just to get orders into the market and prices will shot up in when the Us stock market opens by cpointfx112
nas100 Identifying Key Levels The chart highlights several significant levels and zones that influence the current market behavior: • PMH & PML: Previous Month High and Low, serving as significant resistance and support levels. • PWH & PWL: Previous Week High and Low, indicating recent market highs and lows. • PDH & PDL: Previous Day High and Low, indicating recent market highs and lows • Daily FVG: Daily Fair Value Gap, indicating areas of market imbalance. • BSL: Buy-side Liquidity, areas where buy orders are placed. • SSL: Sell-side Liquidity, areas where buy orders are placed. Nby tanasepatasanu3
NASDAQ Is Approaching an Important SupportHey Traders, in today's trading session we are monitoring NAS100 for a buying opportunity around 19500 zone, NASDAQ is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 19500 support and resistance area. Trade safe, Joe.Longby JoeChampionUpdated 7762
US100-SELL1Month: Test Reject of the Previous Monthly high, this then resulted in a V -spike Reversal on the Weeklies 1W: V-spike off the Keltner, for this Indices waiting for 9:30 am open is critical as they will have the Previous day news discounted, already we a witnessing gaps, buy first 5 Minutes is critical for me in indices Shortby Jeremiah_Capital2
NASDAQ - Failed to Rally Now What?Was looking for a interim rally back to 20k or so, but the market is showing signs of exhaustion. Often we get an opportunity either on a pullback, or in the case a rally to enter or exit a position, but the market is not participating. Failing to even retest the 20k level is further evidence of weakness and though it may take weeks to evolve, a good 10-15% pullback is warranted here. So I am going to sell a couple ATM or slightly OTM Call options today as I continue to just nibble a little profit here and there and also hedge against my portfolio. Stay tuned, I will update this post when I take the trade.by goldbug14413
Big Tech Results Revolt Wall StreetThe big tech companies present their results this week. Alphabet and Tesla open today, followed by Microsoft, Amazon, Apple and Meta. These giants drove Wall Street's growth, but now face competition from smaller companies, helped by the Fed's rate cuts. The Nasdaq 100 fell 3.98% last week, and analysts suggest that without solid results, tech stocks could continue to fall. The Magnificent Seven, as they are called, must show strong earnings to maintain their lead. These companies are expected to report combined earnings of $111.14 billion, an increase of 23.88% over last year. If they manage to beat expectations, they could slow the shift to smaller companies. This week's results will be crucial in defining the future of Wall Street. Looking at the Nasdaq chart, the price is currently at the second resistance zone formed this month. The bell indicator has marked an increase in volumes in the indicated trading zone despite the fact that its Check Point Zone (POC) is at 18,068 points below the 1st support zone of this price escalation. The RSI is oversold at 43.45%. It would be feasible that this week of results confuses the strategy of large investors who are rotating the portfolio to smaller stocks with the FED rate cuts in sight. Ion Jauregui - Analyst ActivTrades ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk. UShortby ActivTrades1
US 100A "bullish Gartley" refers to a specific pattern that traders look for in financial markets, particularly in technical analysis, to potentially predict future price movements. It's named after its creator, H.M. Gartley, who introduced it in his book "Profits in the Stock Market" in 1935. The bullish Gartley pattern is a harmonic pattern that consists of four distinct price swings or legs. These legs are labeled XA, AB, BC, and CD. The pattern typically forms after a significant downtrend and indicates a potential reversal to the upside. Here's a breakdown of the legs of a bullish Gartley pattern: 1. XA: This is the initial leg of the pattern and represents the initial impulse move downward. 2. AB: After the XA leg, there is a retracement upward, forming the AB leg. This retracement should ideally reach a Fibonacci level of either 0.618 or 0.786 of the XA leg. 3. BC: Following the AB leg, there is another downward move forming the BC leg. This leg typically retraces 0.382 or 0.886 of the AB leg. 4. CD: Finally, the pattern completes with the CD leg, which is an extension of the BC leg. The CD leg should ideally reach the 1.272 or 1.618 Fibonacci extension of the BC leg. When the CD leg completes near the Fibonacci extension levels, it suggests that the pattern is complete and a bullish reversal may occur. Traders often look for additional confirmation signals such as candlestick patterns, volume analysis, or other technical indicators before entering a trade based on the bullish Gartley pattern. As with any technical analysis tool, it's important to remember that the bullish Gartley pattern is not foolproof and should be used in conjunction with other analysis methods and risk management strategies.Longby B9A-88652-NisarAhmad2
Nasdaq thoughts 24-07-2024Please find my NASDAQ market analysis for today below. As a price action trader, I encourage you to compare my charts with yours and use my insights to enhance your skills. These videos are designed for educational purposes only, not as trading signals. My goal is to help you grow and become a proficient trader.07:27by DrBtgar5