NDX trade ideas
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,
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NAS100 BUY ANALYSIS TRIANGLE PATTERN Here on Nas100 price form a triangle pattern so if line 20146.7 break then trader is likely to look for LONG and expect a profit target of 20288.3 and 20442.4 . Use money management
NASDAQ Update on Elliott Wave CountsLast week, we saw solid sharp moves up in NASDAQ:NDX along with SP:SPX and $FRED:DJIA. And that move made me reconsider my counts since I was expecting that we had a top in place now with X complete and Y down should now unfold. But last week's move made another all time high. Watch the video to understand what are the possibilities now.
Bearish Reversal Signals: Will the Price Reverse?4H Timeframe
Current Price: 20,030.9
Bearish Signals:
• Rising Wedge (Bearish Reversal)
• Ascending Broadening Wedge (Bearish Reversal)
Expect the price to test the first price target (PT), followed by the second. Resistance may trigger a bearish reversal after reaching these levels. If the price finds support, we may reach the third PT, which is at the upper trendline of the rising wedge. Then, after reaching our bullish targets, the price would likely start its bearish reversal to eventually reach 18,749.0.
Price Targets:
Bullish:
• 1st TP: 20,210.3
• 2nd TP: 20,351.4
• 3rd TP: Upper Trendline of Rising Wedge
Bearish Reversal:
• 1st TP: Broadening Wedge Lower Trendline
• 2nd TP: Lower Trendline of Rising Wedge
• 3rd TP: 18,749.0
Happy Trading!
Care To Share Any Thoughts???I can Nasdaq is over bought
So I was looking for selling opportunity
So we having a debate this side am the one who predicted the sell my friend predicted the buy so care to share thoughts
NASDAQ Analysis scenarios ideaWe can see 2 Gaps in the Nasdaq, with USA Elections ahead i expect volatility.
I think we will close the 19800 gap first, then 19600 for then going up.
It depends a lot in the USA elections results
Always do your research
New Supply Block Active on NAS/NQMassive supply block above the range with buyers trapped above volume profile Point of Control (dashed white line)
The bearish block that got traded through was supposed to give bears a way out as price travelled back into it but they held their positions short meaning none of them really got scared by the rally above that block
We can assume this is an institutional shorting block and they want a better point to long from down below. The weekly stochastic is also sitting above 90 but we have not lost support of the daily 50EMA with daily stochastic around 30 and RSI in a neutral position around 50
There are clear targets in sellside with no bullish imbalance to halt price from dropping until the 19,000 range
Cheers to those who understand these levels 🔑
NAS100USD / TRADING UNDER EARNING Q3 / 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
Initial Achievement , Prices have reached a target with a profit of +350 pips, indicating successful movement in the predicted direction.
Current Trading Range , Prices are currently within a Fair Value Gap (FVG) between 20,549 and 20,410. An FVG is an area where liquidity may exist, so prices might experience some consolidation here.
If prices break below 20,146 (the demand line) and hold there, this would likely confirm a downtrend , A demand line often indicates support, where buyers might step in to prevent further drops.
Stabilizing within the FVG (above 20,410) suggests potential to reach 20,820 and further to 20,968 , If prices stabilize above the demand line, this would indicate strength and could push prices towards the target.
Overall Sentiment , The analysis concludes with an upward pressure bias, suggesting the analyst anticipates more bullish movement despite potential consolidation zones.
NASDAQ /Key Levels: Bullish Above 20,330, Bearish Below 20,125Price at Crossroads: Bullish Break Above 20,330 or Bearish Drop Below 20,125?
Technically analyze:
The price has dropped precisely as anticipated. It is now expected to reach 20,125, with a break below this level likely extending the decline toward 19,990.
Bearish Scenario: While trading below 20,240, the price may attempt to reach 20,125. A break below 20,125 would pave the way for further declines toward 19,990 and 19,870.
Bullish Scenario: Stabilization above 20,330 would open the path to 20,420. Further strength above this level could create a bullish zone targeting 20,550 and 20,700.
Key Levels:
Pivot Point: 20240
Resistance Levels: 20330, 20420, 20550
Support Levels: 20125, 19990, 19860
Trend:
- Bullish above 20330
- Bearish below 20240
NAS100 H1The Nasdaq index is still looking to drop to the demand zone at 19778 levels, so we are looking to buy from these levels.
Our targets are: 20044
2nd target: 20400
3rd target: 20661
4th target: 20915
Stop loss when the hourly candle closes below the level: 19613
Scary TechnicalsMACD over bought on a monthly historically suggest we have a 40-80% decline in equity prices soon.
NASDAQ Rejected on the 1hour MA50 but bottom is in.Nasdaq / US100 is trading inside a monthly Channel Up.
Despite getting rejected today on the 1hour MA50, the Higher Low at the bottom of the Channel Up has been priced in.
This is a good buy opportunity. Target 20350 (the 0.618 Fibonacci level).
Previous chart:
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TREND LINES ANALYSISPlease have a look of the Blue TL and Red TL. As long as the price is trading above the Blue TL the price has upward momentum, any close below will push the price downward. Current price action shows that price will break the ATH and will lead towards the black horizontal line at 21054. Please leave your comments.
TRADING PLAN: BUY LIMIT 20030 SL: 19900 TP: 20755
Nasdaq - Long set upYesterday we had a good rebound into the support area
Based on my analysis I think we are in a new long wave to create final 5°
Focus point will be Breakout of the upper part of the descending channel, this will be a confirmation of this view.
NAS100 Outlook for the Week (October 21-28, 2024) Key Concepts:
Wyckoff Phases and Distribution:
The chart seems to follow the Wyckoff methodology, particularly focusing on Distribution phases (Phase A, B, C).
The current price action appears to be in Phase C, approaching the potential markdown (downtrend) continuation.
Supply and Demand Zones:
A Bearish Order Block is identified at the upper part of the chart, indicating an area where institutional sellers are present. Price action is likely to be rejected here, pushing prices lower.
There is also a Buy Side Liquidity zone that was previously mitigated and failed to push price higher, confirming further bearish momentum.
Elliott Wave Analysis:
We can see an Elliott Wave structure forming, with a Wave 3 completion in progress. Wave 4 is expected to be corrective (minor upward retracement), followed by Wave 5 (continuation of the downtrend).
The labeling of the waves implies that next week's price action is entering Wave 5, which will likely bring prices lower towards the 2.618 extension levels seen on the chart.
Liquidity and Smart Money Concepts:
Liquidity Sells Below Wave 2: Retail traders' stop losses are marked below the previous Wave 2 low. Smart money will likely target this liquidity zone to push price lower.
SOW in Phase B (Sign of Weakness): The chart shows a SOW (Sign of Weakness), confirming a bearish trend during Phase B. Prices are likely to continue lower as market participants distribute their holdings.
Market Structure and Break of Structure (BOS):
The chart highlights CHoCH (Change of Character) and BOS (Break of Structure) events. These represent moments where the market shifted from bullish to bearish structure, signaling a downtrend.
There’s a CHoCH in Phase B, leading to MSB (Market Structure Break), confirming a further decline.
Fibonacci Levels:
The Premium and Discount levels marked on the chart indicate the range where price is likely to react.
Prices rejected from the 0.705 retracement level, confirming a bearish continuation towards the Discount range (below 20,000 level).
Outlook for Next Week:
Monday:
Expect a continuation of the bearish move, possibly targeting the current weak low around 19,640.
Early in the week, we might see minor retracement into the Wave 4 correction, but this is expected to be short-lived.
Tuesday - Wednesday:
Market could test the Bearish Order Block or the Premium level again before moving lower.
Watch for a Break of Structure (BOS) around the 19,910 level. If this level holds, a strong push down into the lower liquidity zones is likely.
Thursday - Friday:
Wave 5 should start its completion phase, driving price further down towards the 19,131.8 and 19,210.3 levels.
This would be in line with the 2.618 Fibonacci extension, where we can expect significant support or a reversal if market conditions change.
Key Levels:
Bearish targets for next week: 19,210.3 (2.618 extension), 19,131.8 (2.786 extension).
Support areas to watch for potential reactions: 20,042 and 19,640.
NASDAQ100 Plummets! Short Trade Nears Final Target!NASDAQ100 (NDX) Analysis:
NASDAQ100 (NDX) has seen a strong downward trend on the 15-minute chart, with the trade setup delivering impressive results. Targets 1 through 3 have been hit, and the price is closing in on the final TP4 level, making this an ideal short trade for traders leveraging the momentum.
Trade Summary:
Entry Level: 20429.42
Target Levels:
TP1: 20323.94 ✅
TP2: 20153.26 ✅
TP3: 19982.58 ✅
TP4: 19877.10 (nearly hit)
Stop Loss: 20514.76
The Risological Dotted Trendline guided traders perfectly through this short trade, marking a strong resistance level as the index continued its descent.
NASDAQ_1Dhello
Analysis of the Nasdaq index in the medium and long term The index is in a channel and an upward trend, the important number is 20,000, and by maintaining the high price of this number, the upward trend continues towards the target number of 23,700 and 25,500. The percentage of growth in this wave is 25%. We are an index buyer and we will benefit from this growth.
Uncovering Today’s NASDAQ Opportunities 04-NOV-2024Good morning. Welcome to today's Nasdaq market analysis and educational insights for price action traders.
USTEC is engulfed in uncertainty ahead of the US election
Stock prices in the semiconductor companies declined after reports that the US government instructed major companies to cut China companies from their supply chains. NVIDIA's gains diminished to a 0.48% increase, while the Philadelphia Semiconductor Index dropped by 0.55%.
Additionally, Warren Buffett's decision to sell US stocks and secure cash negatively affected the overall US index. Berkshire Hathaway reduced its stock holdings from 905 million shares at the end of last year to 300 million shares by the end of September, including a significant sell-off of Apple stocks this year.
USTEC briefly tested 20140 but failed to hold above the 20000 threshold. After slipping back to the channel's lower bound, the index awaits further price triggers. If USTEC breaches the resistance after re-entering the channel, the index may gain upward momentum toward the 20680 high. Conversely, if USTEC fails to enter the channel and retreats to 19700, the index may fall further to the support at 19520.
NASDAQ 100 (CASH) LONG TO 20,700This idea aims to take advantage of volatility during earnings days. The plan is to buy when the price reaches the 1-hour demand area. However, this alone won’t be enough to enter the market. In fact, it will be necessary to wait for a buyer reaction. I will update the idea as soon as possible. If you follow me, you will receive the updates. Final target: 20,700.
US100 (NDQ): Trend in 4H time framePlease pay special attention to the very accurate trends, and colored levels.
Its a very sensitive setup, please be careful.
BEST,
MT
