NAS100 ReversalNAS has been falling in the past several sessions.
On the chart , the fib levels are drawn from the recent past swing high
to the swing low. An anchored VWAP is set at the swing high.
Price is currently just above the VWAP and the 0.5 Fib level.
These are both likely support for a reversal. I will look for volatility
and enter a long trade upon confirmation. MACD and RSI are both
showing bullish divergence ( Stop loss at the fib level
below the entry. Frist target is the upper band of the VWAP
and final target is the red line horizontal resistance)
NAS
QQQ - Potential top for the rally + new price targetsOver the past few days, we hinted at several warning signs on Nasdaq's continuous futures chart. Since the index broke above 11 734$, it has trended mostly sideways with declining volume at elevated prices. In our opinion, this continues to hint at the unsustainability of the rally, and therefore we would like to set new price targets for QQQ. Our new short-term price target is 280$, and our new medium-term price target is 270$. The price target for NQ1! stays the same, at 10 000$. Our views are based on fundamental and technical factors detailed in the current and previous articles.
*to invalidate our thesis about the potential top, we would like to see QQQ break above Resistance 1*
Illustration 1.01
Illustration 1.01 displays the daily chart of Nasdaq continuous futures (NQ1!) and several technical developments indicated by colorful arrows.
Technical analysis - daily time frame
RSI is neutral. MACD is bullish. Stochastic performed a bearish crossover. DM+ and DM- are bullish. Overall, the daily time frame is slightly bullish.
Illustration 1.02
Illustration 1.02 shows simple support and resistance levels for Nasdaq continuous futures (NQ1!) on the daily chart.
Technical analysis - weekly time frame
Stochastic and RSI point to the upside. The same applies to MACD, which stays in the bearish zone. DM+ and DM- are bearish. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
My view of the NasdaqPrices may return to a good area that contains an uptrend and strong support, so that the Nasdaq continues its way to rise to the areas of 12150.
The four golden rules of trading
1 Don't be greedy
2 Always use stop loss
3 Never add other positions to the losing positions
4 Use a suitable lot for your account
NAS100 Key Level Broken! Buy!
Hello,Traders!
NAS100 went up and broke
A key horizontal resistance level
Which is now a support level
So after the pullback and retest
On Monday I will be expecting
A bullish continuation
Buy!
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See other ideas below too!
✅NAS100 BREAKOUT|LONG🚀
✅NAS100 is going up currently
And the index broke the key structure level
Which is now a support, and after the pullback
And the retest, I think the price will go up
LONG🚀
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TSLA EXPECTATION FOR 9-11-2022 WHEN MARKET OPEN on 1h dear traders today our expectation on TSLA depend on last news yesterday and depend on our technical analysis on daily and 1h , 15m time frame we found the price has fallen down and make a gap on daily chart so we expect the shoud make a correction and moving up to close the gap then after that will falling down again to test the same support , also as you see in the chart the rsi indecator give us signa for correction beacuse it test 20 line on rsi ,, and the adx indecator give us the same signal ,, so depend on this analysis we advice you to be ready for correction until close the gap or touch the 50 line ema then the price will falling down again ,,
thank you
NAS100 next 6monthsThis is a potential scenario unfolding for the NAS100 in the next 6 to 10 months. I think it would be too easy just to short the white resistance line . What is more likely to happen is price breaking that area and triggering a fomo rally to 0.5 or 0.618 before starting its next leg down.
If this does happen then we could see a 44% drop from all time high down to 9300 points which would be pre-covid levels.
The TA below shows what would happen to Bitcoin if this did unfold in the stock market.
NAS100 - looking for bearishnas100 enters in resistance are, looking for bearish sign and sell continues after
NAS Outlook 10/23Bullish on the indices for the rest of Oct. looking for discount to get involved. Potential short opportunities early in the week. Working under the assumption that the low of the month is in and buyside liquidity is now at risk of capture.
NAS : Sell 11631.0 SL 11636.0 TP1 11163.8 TP2 10800My current sell bias on NQ
Have sellers stepped back in this week?
Im always sure to keep a tight stop profile, because more or less if im wrong, then im wrong.
But im still short, we just made a new qtrly high. Let's see how this plays out.
We may see high price movements into the 2nd Qtr Supply, which is a maybe, but if so then longs could be considered in the short term.
This may just be a bear market rally?
Sell
11631.0
SL
11636.0
TP1
11163.8
TP2
10800
NAS Outlook 10/16Bullish on the indices I track, NAS, US30, US500. At this point buyside liquidity is more attractive to me. Would re-evaluate if we put in a new low, but looking for longs atm.
Nasdaq Today !!we can spot a falling wedge pattern that is very close to a breakout also very well respected and this provides a great opportunity for a long position! but don't forget we have Consumer Price Index after 1 hr from now which is a key way to measure changes in purchasing trends and inflation. if its less than Forecast then we will see Nasdaq, Dow and Gold will move to upward but if it's more than forecast then we will see market crash thats why we have put our stop loss near !!
Please note that all analysis and signals is our view of the market . We are not responsible for any decision you make.
•Don't Forget to manage your risk
NAS100 Tuesday New York Session OutlookCurrently on larger time frames, NAS100 looks to be in a buying range. Yes, it could drop more. Major supports for NAS100 are around 10700, it's unlikely to drop too much below that price range unless the bears take over for a big sell. Look for great entries on the smaller time frame to take the buys up.
NAS100 aka NASDAQnice retest of a 4hr area price is holding here trying to create a lower high if dxy keeps pushing we can see a nice move down
naswe had a nice bullish move up retesting bearish ob now ill like to see a move back down to bullish ob and lower high area because theres a chance it may not make it to the ob but if that higher low holds bulls still in play
break below that bears back in control
NAS100 aka NASDAQwe are only looking for sells since the market is downtrending as you can see here we have ton of confluence to push back down to at least the higher low possibly back to the trend line and a breakout
keep an eye on this pair
Long NAS100There is a bullish divergence indication by Awesome oscillator and there are multiple rejection at a crucial support area from where the price has bounced before. So this clearly indicates end of the down trend. So you can go long on NAS100 and set target at the recent POI ( point of interest ).
🔍Watch this before you BUY US 30, 100, 500. Don't get TRAPPED!Everything is in the video. Thanks for your attention!
Potential long or short Potential for double bottom go long to daily highs
Potential for break and retest to go short
NAS100 aka NASDAQcheck my dxy markup and you will see why nas is making a little move up
other then that nas created a bearish ob which needs to be retested in order to confirm this bearish push as long as that lower high holds sells are in place
NAS Intraday/Scalp ShortNasdaq, potential setup to go short, targeting the zones below where price could reverse and go long
NAS LONGSRiding the wave
1:24 PM, Price almost completely filled 5min FVG. Reaction from this low created an SH & a clear BOS.
It's been playing ping pong but understanding where PA wants to go on HTF should be prevalent.
Nasdaq 100 - The market is irrationally complacentOn 15th July 2022, we stated the market was positioning itself for a significant bear market rally in the short term. We said we were looking for a move up of magnitude between 5-10%. Then, a week later, we laid out conditions for the continuation of a rally while stressing our lack of belief concerning the sustainability of the bounce. We pointed out low liquidity in the market and a few companies dragging major indices higher. Additionally, we explained why fundamental reasons would later push markets over the edge and cause risk-off sentiment.
Then, finally, on 11th August 2022, we said the market reached its ultimate peak, and the rally was due to stop. We continue to stick to this assessment, and we would like to see more evidence to confirm our thesis. Ideally, we would like to see more decline in the price of QQQ accompanied by a spike in the volume. Additionally, we would like to see technical indicators complete their reversal from “bullish” to “bearish.”
Regarding our price targets, we stick to 300 USD for QQQ and 11 000 USD for NQ1!.
Illustration 1.01
The picture above shows the daily chart of Nasdaq 100 continuous futures. It also shows support levels made of fan lines. The yellow arrow indicates the bearish breakout below the first support level.
Technical analysis - daily time frame
RSI and Stochastic are bearish. MACD is due to perform a bearish crossover. DM+ and DM- are bullish. Overall, the daily time frame is bearish.
Technical analysis - weekly time frame
RSI and Stochastic show signs of exhaustion. MACD is bullish but in the bearish zone. DM+ and DM- remain bearish. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
