0K4T trade ideas
NDAQ on Bullish Long-Term PerspectiveSunday, 6 November 2022
23:15 PM (WIB)
Nasdaq (Nasdaq: NDAQ) announced today (3 November 2022) that its near- and long-term science-based emissions reduction targets have been approved by The Science Based Targets initiative (SBTi). Nasdaq has pledged to reduce absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 100% and absolute Scope 3 GHG emissions by 50% by 2030. SBTi has also validated Nasdaq’s pledge to reduce Scope 3 GHG emissions by 95% to reach net zero by 2050.
Nasdaq is committed to using its environmental, social, and governance (ESG) efforts to lead the shift toward creating more sustainable capital markets. Guided by our purpose to drive economic progress for all, Nasdaq seeks to extend its impact beyond its operations by empowering markets and communities with strategic solutions that have measurable and lasting impacts. “Nasdaq’s climate strategy seeks to reduce our carbon footprint and corresponding emissions and diversify our energy mix with a focus on prioritizing renewable energy sources,” said Ann Dennison, Executive Vice President, and Chief Financial Officer at Nasdaq. “We are encouraged by the early progress we have made toward our corporate sustainability goals and remain committed to increasing transparency with all our stakeholders through our robust ESG reporting as we continue on our journey to reach our 2030 and 2050 net-zero targets.”
Near-term: 2030 Targets Nasdaq pledges to:
Reduce absolute Scope 1 and Scope 2 GHG emissions by 100% by 2030 from a 2021 base year. Annually source 100% renewable electricity through 2030. Reduce absolute Scope 3 GHG emissions by 50% by 2030 from a 2021 base year. Ensure that 70% of its suppliers by spend, covering purchased goods and services and capital goods, will set science-based targets by 2027.
NDAQHi all,
Due to the optimistic momentum during the CPI statistics, the NDAQ is looking strong.
Usually, 0.702 Fib. is quite important. and can provide adequate resistance at this level. At this point, crypto bear market rallies typically come to an end.
ADX&DI show some momentum increasing. (Yellow line rising)
Possbile to see an inverese head and shoulder forming next?
11% is not a much left until ATH.
More charts need to be examined for a detailed analysis.
Next is DXY, which displays the USD's strength.
NASDAQ.. A Long Awaited Recovery?Markets have been bleeding since the beginning of 2022... According to the US Government and Federal Reserve we are currently not in recession. A strong labour market continues to hold up the economy, but will it continue or are we just delaying the recession expectation?
Scenario - Nasdaq, BTC, AltsAs there is still a large correlation between BTC and Nasdaq, we can hypothesize this scenario:
Double low for the Nasdaq, which sees an upward rebound before its achievement, at the same time BTC would also recover, fluctuating up to a threshold (approximately) of 45K and then creating a double low of 32K (January low). Also the Dominance has reached the 50% retracement level, I expect a descent of this, therefore, a flourishing period of the altcoins.
This analysis is a medium-term hypothesis, it will be explored in detail later.