NAS100 Forecast for tonight's new york sessionas per right now Nas100 is still on the bearish market structure, looking for M1 entry model for short on the new york session
US100 trade ideas
US 100 Index NDQ 27 Nov 2024 zonesBullish zone is above 20946
Bearish zone is below 20797
Note: This is not a buy/sell call. Use stop loss whenever trade.
NAS100 - The Great Pie In The Sky?20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Market Structure Support/Resistance - Green/Red Dashed Lines
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How I see it:
Price still holding below 20967...
Anything is possible this time of year.
A ton of compressed data releases today, be safe!
I deeply appreciate you taking the time to study my analysis and point of view.
Keynote!
The most important to consider always, before you leap:
When you jump in the river, make sure you swim "WITH" the current.
NAS100USD Will Go Lower From Resistance! Sell!
Please, check our technical outlook for NAS100USD.
Time Frame: 8h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 20,946.7.
Taking into consideration the structure & trend analysis, I believe that the market will reach 20,451.1 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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NAS100 SELL ANALYSIS RISING WEDGE PATTERN Here on Nas100 price has form a rising wedge pattern so there is a chance of falling more if line 20805.4 break and trader is expected to go for SHORT with expected profit target of 20639.1 and 20426.3 . Use money management
CHART BREAKDOWN NASDAQ: Key Levels, Targets and Thoughts!Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing 1 essential demand zone: low-risk buy zones spanning from 20,873.00 to 20,860.00, respectively, is highlighted.
Things I Have Seen👀:
Important Demand Zone🟢: Identified between 20,873.00 and 20,860.00 serving as a low-risk buy.
Bullish Targets📈:
20,885.00: Possible retracement area.
20,905.00: Possible retracement area.
20,915.00: Possible retracement area.
20,935.00: Possible retracement area.
20,955.00: Significant supply zone.
20,960.00: Liquidity area.
What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
Nasdaq Intraday Review - Tuesday 26 Nov 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 +- 5:30 am GMT (00:30 am EST)
Economic news - None
News - None
Directional bias - BUY
Morning analysis:
Unfortunately I woke up to my positions from yesterday being taken out at entry :(
I did take one third partial profit last night a few minutes before closing as I knew it was a risk to leave it open overnight (especially as the D candle was about to close red below the day 0.618 sell fib level) and I wanted some reward for yesterday's trading.
M TF - remains bullish and sets the tone of the overall, big picture, market sentiment.
W TF - looking at the line chart and imagining this week's candle would be dominated by bears, one can see a potential weekly DT neckline at the yellow highlight. If candles start closing below this point then the market would turn very bearish.
D TF - Yesterday the D candle closed red below the D 0.618 sell fib level. This is a bearish signal and bulls will need strength to break this level upwards.
4H - drawing the sell fib from swing hight at B. to swing low at A., it is evident that the 4H 0.50 sell fib level lines up with the pivot point (an area of confluence for a sell) and the 4H 0.618 sell fib level lines up with the D 0.618 sell fib level (super strong area of confluence). Bulls will need incredible strength and momentum to break these levels upwards. Need to watch out. But the 23:00 4H candle closed with a very long wick down to the higher TF's buy fib levels. This indicates that buyers stepped in at these levels.
All Lower TF EMA's are below price at time of writing (4H, 1H and 30min) this might provide dynamic support to help boost price upwards. Note - 4H EMA drawn in by me indicated the position of the EMA at some point in the day, now, many hours after, the EMA has moved.
If the 4H candle closes at 7am, creating a DB with the neckline broken upwards, I will enter.
As the day progressed:
The 4H candle that closes at 7am (in my time zone) did indeed close higher than the neckline and break the neckline upwards
Entered a buy at the hand icon - Confirmations:
1. Market pattern - DB on 4H TF formed with the neckline broken upwards (indicated by the blue lines). At the same time there was a kind of DB / H&S on the 1H TF.
2. S&R - At time of market pattern formation, the 4H EMA was acting as dynamic support. We also have a strong 4H resistance turned to support area (refer to yesterday's post about keeping 5x 4H candles down)
3. Trend - Buy is in the same direction as the overall trend - as a trend trader I always want to trade with the trend. Get in on a retracement (indicated by fib levels) and then ride the trend.
4. Fib - DB forming right above the 4H 0.618 fib level
5. Candlesticks - 2 x long wick 4H candles wicking down to the D 0.50 fib level, indicating a strong bullish reaction at this level. Candles are also closing above the 4H EMA which shows bullish strength.
Mental SL placed at the thick pink line roughly half the height of the 4H DB, but below the 4H EMA for extra protection. I always use mental stops because Nas is so wild and volatile that hard stops will often take you out at a loss. For me, what matters is how candles close.
Price ultimately went my way and I closed the majority of my positions at the higher hand icon, when a DT formed on the 5min TF. I left a runner open but price wicked me out at C.
Starting to wonder if I would make more money taking profit at 1000 pips daily. Market has been very volatile these past days and perhaps that is why I feel this way, because I know for sure that taking profit at 1000 pips would not be a good strategy when Nas truly starts running / seriously trending. I will start taking detailed notes over the next few months and come back to you on my observations.
Catch ya tomorrow! :)
Abbreviations:
TF = timeframe
TP = take profit
1H = 1 hour
4H = 4 hour
D = day
W = week
M = month
S&R = support & resistance
H&S = head & shoulders
EMA = exponential moving average
SL = stop loss
Nasdaq - This Is Just The Beginning!Nasdaq ( TVC:NDQ ) is preparing a major rally going into 2025:
Click chart above to see the detailed analysis👆🏻
As mentioned in all of my previous analysis, the Nasdaq is rallying but despite the recent strong move, there is still a lot more room towards the upside. With the channel breakout happening over the past couple of months, it is quite likely that we will see a rally of +50% during 2025.
Levels to watch: $26.000
Keep your long term vision,
Philip (BasicTrading)
Nas100 - 15 min ( Buy Scalping Tp Range 120 PIP ) ⚡️Nas100
Best Break Our / Key level's 15m Tf
🚨Bullish After Break Out key level + High Volume / 20885 Area
🚨Bearish After Break Out key level + High Volume / 20720 Area
⚡️ We Only Sent Most Accurate Opportunity and Analysis Not by Number ..
🔖 Announcement Coming After Successful Break
NDX : TradingAre you the type to act or react?
I am the type who reacts when it comes to trading FX. I prefer to wait for the price to come to me.
A moment ago, I shared about DJI. As we can see, stocks are now at a record, perhaps due for a correction.
Of course, many think that it can go HIGHER. This is a free world. Anyone can think what they like.
Why am I talking about STOCKS all of a sudden? Well, I can SELL and hopefully make some money.
Or, what do you think will happen to the $ if there is a sudden fall in STOCKS - EURUSD :-)
Good luck to all of us :-)
NAS100 4hr LongNAS100
📈 4hr Long
💰ENTRY: 20863.5
👎STOP LOSS: 20704.0
TP TARGETS
⏰TP1
⏰TP2
⏰TP3
✅ 1. Weekly Time Frame: Price has been breaking bullish and trending above the 10, 50, 200 EMAs.
✅ 2. Daily Time Frame: Price has been breaking bullish and trending above the 10, 50, 200 EMAs.
✅ 3. 4hr Time Frame: Price has made a valid correction into the 10 EMA.
✅ 4. Price has made a Swing Low Engulfing candle above the 50ema.
This is a great example of my systematic system.
NASDAQ TO TANK DOWNGood day traders, today we have a beatiful market structure on Nasdaq as you can see the market reacted off of our FVG+OB on the 25th of November and it is now giving us a nice bearish market structure shift, that combined with time of day makes this a high probability setup....Goodluck
ENTRY:20899.1
SL:20899.1
TP1:20702.6
TP2:20632.8
Nas100 EXECUTION And Trade management This is a good execution but I had my entries early but I was convinced of the pending buyside liquidity which had Equal highs , Initially that was my draw on liqudity and the target was met well . Execution and Risk exposure management is the key to succeeding. Pls watch and learn am also learning .
USTECH (NAS100) SHORT TRADING PLANMaking a Bearish flag and no making divergence, but one thing is the buys is on Buy side so if you enter this trade make the SL to Breakeven and take Profit as soon as it goes to 1:1.
Nasdaq trading insights: 26-Nov-2024Nasdaq trading insights: Not signals, but informative zones to aid your decision-making. Please note: These zones are not trading advice. Use them as a starting point for your own analysis.
Nas100 Be likeThe vibrations suggest an initial pullback toward the low, gathering momentum before ascending to test the high. Trust in this flow and navigate the movements with precision. 🌌
Technical and digital analysisWe notice that we are in an upward correction and there is an increase in momentum. We are waiting for sellers to weaken in order to buy, Update idea Add note
Will the Nasdaq go higher?Treasury Secretary Scott Bessent nomination and mid-east deal should support risk on.
Short term trend should continue going up.
Nasdaq: Gains Driven by Data, Eyes on Key EventsNasdaq: Gains Driven by Data, Eyes on Key Events.
The Nasdaq ended current day on a positive note, buoyed by strong economic data, robust corporate earnings, and supportive seasonality. However, investors are shifting their focus to critical upcoming events: the FOMC meeting on Tuesday and the PCE inflation report on Wednesday. These events have the potential to set the tone for the markets for the remainder of the year.
Mixed Economic Data
The past week brought a blend of economic data, with some encouraging signals and a few disappointments:
Initial Jobless Claims (Nov. 16): At 213K, the result came in better than the 220K consensus, underscoring the resilience of the labor market and reducing recession fears.
Philadelphia Fed Manufacturing Index (Nov.): Disappointed at -5.5 against expectations of 8, reflecting continued weakness in the manufacturing sector.
Michigan Consumer Sentiment Final (Nov.): Came in at 71.8, below the 73.7 forecast, indicating a slight dip in consumer confidence.
S&P Global Services PMI Flash (Nov.): Surprised to the upside with a reading of 57.0, exceeding the expected 55.2, highlighting the strength of the services sector.
Nvidia Shines Bright
Corporate earnings added to the bullish sentiment, led by Nvidia's impressive Q3 results. The company reported revenue of 35.08 billion dollars, significantly above the consensus estimate of 33.17 billion dollars. As a leader in AI-related technology and semiconductors, Nvidia's results lifted the broader tech sector and contributed to Nasdaq's gains.
Market Sentiment and Seasonality
The Fear & Greed Index currently stands at 61, in the "Greed" zone, indicating a risk-on environment as investors show confidence in equities. Seasonality also plays a crucial role. Historically, Nasdaq benefits from end-of-year trends, especially in an election year, when policymakers often aim to maintain market stability.
Challenges Ahead
While the current momentum is positive, the market faces significant tests this week with two major events:
FOMC Meeting (Tuesday): The Federal Reserve’s policy decisions and commentary will be in the spotlight. Investors will look for signals on whether the Fed plans to pause or keep the door open for further rate hikes in 2024.
PCE Inflation Report (Wednesday): The core PCE inflation data, the Fed's preferred measure of price pressures, could shape expectations for monetary policy. A higher-than-expected reading might increase concerns about further tightening, while a lower figure would reinforce the soft landing narrative.
Lingering Risks
In addition to the upcoming macroeconomic events, investors remain wary of:
Trade Policy: Former President Donald Trump’s proposed tariffs on imported goods could stoke inflation and weigh on economic growth.
Geopolitics: The ongoing risk of escalation in the Ukraine conflict continues to loom over global markets.
Soft Landing: The Baseline Scenario
Looking at the current data, the Nasdaq appears to be on the path to a soft landing, supported by a strong labor market and robust technology sector performance. Favorable seasonality—both year-end trends and election-year dynamics—further bolsters the case for continued gains, which remains the baseline scenario for now.
Conclusion
The Nasdaq has shown strength, but this week FOMC meeting and PCE inflation report could reshape market dynamics. The key question is whether the data will support the soft landing narrative or signal a need for further monetary tightening.
What are your thoughts on the Nasdaq’s outlook given the upcoming Fed meeting and inflation data? Will the index sustain its rally, or are we in for increased volatility? Share your insights in the comments.
Nasdaq Intraday Review - Monday 25 Nov 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 +- 5:30 am GMT (00:30 am EST)
Economic news - None
News - None
Directional bias - BUY
Morning analysis:
M TF - Remains very bullish, only 4 days till close. Green candle body is 9300 pips strong (at time of writing) - indicates overall bullish sentiment.
W TF - Last week's candle closed green, indicating that price broke the previous highest weekly close, came down all the way to retest this level and then last week's candle closed green as bulls successfully retested this level and this weekly resistance has now turned to support.
D TF - Huge gap up this morning (686 pips). Price finally broke above the 0.50 SELL fib level. Further indication of bullish sentiment.
4H TF - after the gap up for the start of the day, two long green candles closed on the 4H TF. One had a long wick down rejecting the D Sell 0.618 fib level. Buyers are rejecting this zone and pushing up.
I identified 2 areas of confluence (highlighted in green):
1. Strong 4H S&R zone that held down 5 x 4H candles + 4H 0.618 fib level (swing low at A. to swing high at B. This fib only became clear later in the day.) + 4H EMA
2. W 0.50 fib level + D EMA + D 0.618 fib level
If price comes down to any of these zones I will enter with a full position size and because these are strong areas of confluence (and Nas is so volatile), I would watch the 5min TF for signs that price is ready to reverse.
As the day progressed:
Price spike up high to B. and I closed a runner that I had open from last week (not at B. exactly but as price was coming down).
Price fell quickly after market open. I view this as a retracement and not a change to the very bullish sentiment that is so evident on the higher TF's.
Price come to my interest zone 1 and gave a nice little DB on the 5min TF
Entered a buy at the hand icon - Confirmations:
1. Market pattern - DB on 5min TF, with neckline broken upwards with a strong green momentum candle (I don't normally enter on this TF unless it is an area of confluence)
2. S&R - as mentioned strong resistance zone holding down 5 4H candles, now clearly turned to support. Also dynamic support provided by the 4H EMA
3. Trend - Buy is in the same direction as the overall trend. I like to trade with the trend always.
4. Fib - D 0.382 + 4H 0.618
Mental SL placed below green highlight at the thick pink line at half the height of the 5min DB.
Price has moved more than 250pips from my entry and I am now secured at entry (so trading risk free).
Will leave it over night and hope to wake up tomorrow morning to my positions still being open.
Hope you had a good trading day! :)
Abbreviations:
TF = timeframe
TP = take profit
1H = 1 hour
4H = 4 hour
D = day
W = week
M = month
S&R = support & resistance
H&S = head & shoulders
EMA = exponential moving average
SL = stop loss
NAS100Preferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas.
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