USNAS100 / Already dropped and still, or enough...Nasdaq Technical Analysis
The Nasdaq price has stabilized below the pivot line at 19,535, signaling a bearish trend, particularly given the significant bearish volume below this level.
As long as the price remains under 19,535 and 19685, it will likely continue declining, potentially reaching 19370 and 19185.
However, a break above 19685, followed by 19820 and 19975.
Key Levels:
Pivot Line: 19535
Resistance Levels: 19625, 19972, 20100
Support Levels: 19290, 19185, 18940
Expected Trading Range for Today: 19685 to 19185
Trend: Bearish, as long as the price remains below 19535.
NASDAQ 100 CFD
NAS100 H4 | Pullback Resistance at 61.8% Fibonacci RetracementNAS100 is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 19,634.76 which is a pullback resistance that aligns with a 61.8% Fibonacci retracement level.
Stop loss is at 20,100.00 which is a level that sits above the 78.6% Fibonacci retracement level and a multi-swing-high resistance.
Take profit is at 19,187.76 which is a swing-low support.
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NAS100 Is Bearish! Short!
Please, check our technical outlook for NAS100.
Time Frame: 5h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 19,538.92.
Taking into consideration the structure & trend analysis, I believe that the market will reach 19,107.96 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 - End Of August - Switch up or continue??Hello Traders of the world..
bless up to the new Support 👌
Notes
- Big figure 19,120 hit yesterday.
- We respecting previous daily highs, breaking lows.
- Red folder news today @08:30am - GDP.
Bias for now i am neutral, we had a great bearish week. Heres some interesting facts, the US GDP growth rate is mostly higher in Q2 vs Q1 of the new financial year. GO CHECK, dont be lazy.
With the current forecast set @ 2,8% we should see a rally happen if results are positive. Vice versa for lower results.
Current PA
- We made a GAP pre asia session (POI)
- Price moving higher throughout asia & Uk session (generating liq)
- We have untouched equal highs that need some love. (Buyside)
- Respecting bullish FVG's currently.
maybe a pullback to PDL and expand higher or keep pushing to the moon.. we will have to wait and see
Trade Safe.. ✌🏽
NAS100 - End Of August - Are you not satisfied???Hello Traders.
Come on guys, interact with the post if you seeing how accurate this is !
Notes for today
Price tapped into our zone i mentioned in the previous post, 19,666 was to far but but 19,630 was my entry.
Price was kind enough to come back to this point again today before NY killzone time.
If you followed me from Monday, i mentioned we will see lower prices possibly up to 19,120. So far so good.
If you caught it, you would be + 300 ticks minimum.
For today, i am done. Will relook at the charts tomorrow.
Trade safe 👌
Bearish drop?NAS100 is rising towards the resistance level which is a pullback resistance that lines up with the 38.2% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 19,386.01
Why we like it:
There is a pullback resistance level which lines up with the 38.2% Fibonacci retracement.
Stop loss: 19,933.64
Why we like it:
There is a pullback resistance level.
Take profit: 18,721.37
Why we like it:
There is a pullback support level which is slightly above the 50% Fibonacci retracment.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bullish momentum to extend?NAS100 is reacting off the support level which is a pullback support that aligns with the 23.6% Fibonacci retracement and could rise to our take profit.
Entry: 19,386.01
Why we like it:
There is a pullback support level which lines up with the 23.6% Fibonacci retracement.
Stop loss: 18,915.67
Why we like it:
There is a pullback support level which is slightly above the 50% Fibonacci retracement.
Take profit: 20,000.92
Why we like it:
There is a pullback resistance level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
WEEKLY FOREX FORECAST AUG 26 - 30th: S&P NASDAQ GOLD SILVER OILThis is Part 1 of the Weekly Forex Forecast AUG 26-30th.
In this video, we will cover:
S&P500 NASDAQ DOW GOLD SILVER US & UK OIL
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Nas100 - End of August Update Hello Traders 🌍
So far so good, as mentioned yesterday. We making lower moves, ultimately i would like to see price move to 19,120 by the end of this week.
Notes
- Price left Friday's high + PWH intact
- Created bearish displacement during NY am session
- Total move plus 250 ticks from London
- 4hr Gap zone showing good price reaction
- Possible US tech selloff
today i am anticipating a move lower, however will sit on my hands until we between 19,630 and 19,666 for OTE, if all works out well.
Remember this is subjective price will tell us around 2:45am to 05:00am where it might want to go.
Trade safe 👌
Bearing trend turning point: 19250.0Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
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(1D chart)
The key is whether it can receive support near the left Fibonacci ratio 2 (19441.0) and rise above 20313.8.
If not, and it falls below the M-Signal indicator on the 1D chart, it is expected to touch the M-Signal indicator on the 1W chart.
-
Since the StochRSI indicator has turned downward, it is important to see whether there is support at the current price position.
Since it has turned downward, it is likely to lead to further decline.
Therefore, if it does not receive support, it is likely to lead to further decline.
At this time, the important thing is whether there is support near the M-Signal indicator of the 1W chart.
The final downtrend point is the HA-Low indicator point of the 1D chart, and the current HA-Low indicator point is 18250.3.
-
(Renko 1D chart)
As you can see from the Renko chart, the downtrend turning point is at 19250.
Therefore, in the general chart above, there is a possibility that it will touch the M-Signal indicator part of the 1D chart and bounce.
-
Have a good time.
Thank you.
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NAS100USD 1HHello, traders. On the 1-hour timeframe, the price is moving within an ascending channel and has reacted to this channel several times. The price is approaching the resistance zone at 19,850, which aligns with the 78.60% Fibonacci level, increasing the significance of this area. I anticipate that once the price reaches this resistance level, which also aligns with the FVG candle, after forming a CHOCH pattern on a lower timeframe, we should look for an entry point for a sell position. For the take profit, we can target the support level at 19,470, which also aligns with the 78.60% Fibonacci level.
Nasdaq Resistance Strikes Again: Bears Taking Control!The NASDAQ hit a significant resistance level at 19,778, which coincides with a 1-hour Fair Value Gap (FVG).
The price action shows a rejection from this level, indicating a potential reversal.
A downward trend is expected, with the next support targets at 19,604 and 19,507.
If momentum continues, a deeper decline could push prices toward 19,467.82.
NASDAQ => Pullback Phase Approaching The Trend!!Hey Traders, in today's trading session we are monitoring NAS100 for a buying opportunity around 19150 zone, NASDAQ is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 19150 support and resistance area.
Trade safe, Joe.
NAS100 D Buy Idea 7/23/24Price has bounced bullish off a weekly bullish channel with a morning star. Looking for price to break previous daily highs around 19,996.6 for the continuation to the upside.
BUT, price is hovering very strongly around a Yearly -27 FIB level from 1/1/18-1/1/21.
SO, price could very well be making a daily head and shoulders to continue bearish down to previous daily highs of 18.897.4.
SO we shall have to wait patiently and see what price wants to do!!
**This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
NAS100 Will Go Up From Support! Buy!
Here is our detailed technical review for NAS100.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 19,686.22.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 20,203.91 level.
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.
Like and subscribe and comment my ideas if you enjoy them!
400 ticks and Pumping !!!Hope you guys are on this trade because I clearly stated in my last post on this pair that price is still very bullish and even marked out the exact zone price was going to continue it's push from !
let's see how far up price Pushes before taking partials because we might leave some positions till next week.
Happy weekend everyone... TGIF
Dollar Slips Nasdaq Consolidates Ahead of Powell’s SpeechThe Dollar Stalls as Powell Takes the Stage at Jackson Hole
Jerome Powell is set to address the Federal Reserve's Jackson Hole symposium on Friday, but the Fed Chair would need to strike an exceptionally hawkish tone to prevent the dollar (DXY) from ending the week with one of its steepest declines this year.
Nasdaq Technical Analysis
The price is still consolidating between 19525 and 20100.
Stability above 19625 will support rising to get 19880 and above it will be 20100
otherwise, breaking 19525 by closing the 4h or 1h candle below it, means it will support falling to 19215 and 18940
Key Levels:
- Pivot Point: 19625
- Resistance Lines: 19880, 20100, 20260
- Support Lines: 19525, 19220, 18940
Expected Trading Range Today: 18930 to 20100
NAS100: First red day, Friday day 3Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range ✅
2. SIGNAL DAY
First Red Day ✅
First Green Day
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside
Backside ✅
4. THESIS:
Long: at the moment I'm not interested, Asia and London are already pumping, I won't buy up high.
Short: primary, first red day, long traders still in profit since monday, there are still good chances for this market to setup for a sell high opportunity if after the 10am MRN the price will lock the HOD or any other important level.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
QQQ bounce right back to resistanceExtremely bullish 2 weeks after that crazy low last Monday morning. You can see that QQQ tagged resistance yesterday and sold off today. Market is feeling bullish, but my gut tells me that this is a dead cat bounce. Hard to know for sure. The rally has been almost abnormally strong, and if you look back to early 2022 you saw the same thing. Big sell off with ridiculously strong rallies, but ultimately the market kept going down. Now, I obviously don't know that for sure. The advice I got the other day was "stocks only go up" as he bought a bunch of TQQQ and made a nice profit the last 2 weeks. So, maybe it pays to always be bullish.
Anyhow, I'll just keep doodling on my charts and sharing with the hope that it helps someone.
I can only see more buys on NASHello everyone, hope we're all having a good day !.
There's not much to be said here, price keeps breaking highs but where price is right now, it needs to do a short pullback to the order block there in my buy tool before it continues the buy...that's pretty much what I'm seeing, nothing much to do.
Use proper risk and money management...kindly wait for NYSE open tomorrow before you start looking for buys around that order block i placed my buy tool and make sure you have your own confirmations as extra confluences !.
NAS100 Technical Analysis and Trade Idea NASDAQ👀👉 Our analysis is centered on the NAS100, which has shown bullish momentum on the daily and 4-hour timeframes. However, with the price now at a resistance level, we anticipate a potential pullback to the Fibonacci 50% to 61.8% retracement levels.
We incorporate key elements of technical analysis, including trend evaluation, price action, and market structure. Additionally, we will outline a potential trade setup and discuss strategies to approach it with a higher probability of success.
Please note that this analysis is provided for educational purposes only and should not be considered financial advice. The insights shared are speculative and do not guarantee future market behavior. We strongly recommend verifying current price actions before making any trading decisions.
This presentation offers an in-depth examination of the current trend, market structure, and price movements. However, it's important to understand that while the content is educational, it does not guarantee trading success. The foreign exchange market carries significant risks, and we strongly stress the importance of implementing robust risk management strategies in all trading activities.
We urge you to conduct thorough research and exercise careful consideration before making any trading decisions. Stay informed, remain vigilant, and approach the markets with a well-prepared strategy. 📊✅