Nasdaq Thoughts 20-Aug-2024GOOD MORNING Everyone! Please find my #NASDAQ market analysis for today below. As a price action trader, I encourage you to compare my charts with yours and use my insights to enhance your skills. These videos are designed for educational purposes only, not as trading signals. My goal is to help you grow and become a proficient trader.
NASDAQ 100 CFD
$NQ1! Nasdaq100 Futures - 61,8% Retracement level reachedNasdaq100 e-mini has reached a retracement level of 61,8% from it's all time high. Between 50%-61,8% we call the ambush zone, because this is a popular zone for buyers to become fatigued and sellers to move in.
This is an area of interest and I will watch this zone very carefully for buyer weakness in coming days for a possible short position.
PS. This short position would be taken to hedge my current long positions.
US100 0.25% ,US500 +0.26% MULTI TF ANALYSISHELLO TRADERS
Hope everyone is doing great
📌 A look at NAS 100 & S&P500 from HTF - MULTI TIME-FRAME ANALYSIS
NAS100 DAILY TF
* Thursday saw strong bullish momentum coming into play, with Fri cont.of this move.
* The weekly & daily TF show we are still trading in BULLISH conditions on the NAS100.
* NAS100 took internal range LQ, looking for that external range LQ to be taken.
* We are trading in discount looking for a bullish continuation long term on Nasdaq.
* With PO3 looking to open bearish this week to confirm a move higher to ERL.
NAS 100 4H TF
* Looking for the week to open Bearish into the 4h FVG + OB because our HTF BIAS (PO3) on D & W .
* WEEK open I will probably be looking for short positions OPPORTUNITIES.
* We will see what does the market dish.
* On the 4 hourly ERL > IRL.
S&P500 4H TF
USOIL 1H TF
* We saw a rally with the bulls, strong momentum to the upside.
* The is a 1H FVG, this is where i would look for short entries this week.
* Should this PD ARRAY hold will be short for the NASDAQ
* BASED on the price action served this week.
S&P 500 1H TF
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT 🚀 & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
US100 (NASDAQ) Outlook ICT ConceptsUS100 (NASDAQ) Analysis
💡 Previous Analysis Review:
In the previous analysis, we noted the importance of price action around key liquidity zones. The market has now expanded higher, sweeping a significant Buy-Side Liquidity (BSL) and approaching a critical resistance area.
📍Current Market Overview:
The NASDAQ (US 100) is currently trading at 19,497.2, having recently swept a Buy-Side Liquidity (BSL) level. The market is now positioned near the highs, indicating a potential reversal or continuation, depending on how price reacts in this zone.
🔍 Identifying Key Levels
• PMH (Previous Month High): 20,800.0
• PWL (Previous Week Low): 17,235.0
• PML (Previous Month Low): 17,570.0
• SSL (Sell-Side Liquidity): Multiple levels visible around 18,180.0 and 17,940.0
• BSL (Buy-Side Liquidity): Recently swept near the current price.
📊 Key Considerations
• BSL Sweep: The recent sweep of BSL suggests that a significant amount of liquidity has been captured. This could lead to a retracement if the market fails to push higher.
• FVG and Reversal Potential: Though not directly visible in the provided chart, any failure to maintain higher prices after this liquidity sweep could signal a strong sell-off.
• Low Resistance Liquidity Sweeps: For both bullish and bearish scenarios, it’s crucial to monitor lower time frame liquidity sweeps:
• For a bearish scenario, additional BSL needs to be taken and a failure to break higher could indicate a reversal.
• For a bullish scenario, if an SSL is swept and the market holds above the current level, it might target the PMH.
📈 Bullish Scenario
A bullish scenario might unfold if:
• SSL Sweep and Hold: If the market sweeps an SSL and holds above the current level, it could indicate that the market is ready to target higher levels, including the PMH.
• Continuation Higher: A successful hold above the BSL sweep could lead to an exploration of higher price zones, particularly towards the PMH.
📉 Bearish Scenario
A bearish scenario could develop if:
• Failure at Current Levels: If the market fails to hold above the BSL sweep and shows signs of reversal, it could lead to a significant retracement.
• FVG Rejection (if applicable): Any rejection at a nearby FVG could further confirm a bearish move, with targets at SSL levels or lower.
📊 Chart Analysis Summary
• Bullish Expectation: A hold above the current level, especially after an SSL sweep, could lead to a continuation towards higher targets like the PMH.
• Bearish Expectation: A failure to maintain higher prices post-BSL sweep, with a subsequent reversal, could lead to a sell-off targeting SSL and lower zones.
📝 Conclusion:
The recent sweep of Buy-Side Liquidity (BSL) puts the market at a pivotal point. Monitoring the reactions around this level and lower time frame liquidity sweeps will be crucial. Both bullish and bearish scenarios are on the table, with the market's ability to hold or reject current levels being the deciding factor.
Cisco's Beats Earnings Report, Layoffs, and the Road AheadCisco Systems (NASDAQ: NASDAQ:CSCO ) has made headlines again, not just for its fiscal fourth-quarter results, but also for a significant shift in its workforce strategy. The networking and technology giant has announced a 7% reduction in its global workforce, marking a continuation of cost-cutting measures that began earlier this year. This move comes as Cisco pivots toward higher-growth areas like cybersecurity and artificial intelligence (AI), reflecting the company’s strategic focus on future-proofing its business in an evolving tech landscape.
Earnings Beat Expectations Despite Revenue Dip
Cisco's fiscal fourth-quarter results revealed a mixed bag of figures. The company reported revenue of $13.6 billion, representing a 10% decline year-over-year. However, the dip wasn't as severe as analysts had anticipated, with earnings per share (EPS) coming in at $0.54, down 44% but still ahead of expectations. This resilience is particularly notable given the ongoing challenges in Cisco's core networking business, which has faced pressure as enterprise customers increasingly migrate their computing operations to the cloud.
The company’s revenue projection for fiscal 2025 is set between $55 billion and $56.2 billion, with an EPS forecast ranging from $1.93 to $2.05. Although these numbers fall slightly below Wall Street’s estimates, Cisco’s focus on subscription revenue, particularly from its recent $28 billion acquisition of cybersecurity firm Splunk, is a positive sign. Subscription revenue alone contributed $27.4 billion, accounting for more than half of the company’s total sales.
Workforce Reductions
The decision to cut 7% of its workforce, months after a 5% reduction earlier this year, underscores Cisco's commitment to realigning its resources toward sectors with higher growth potential. The layoffs, while significant, are part of a broader strategy to invest in key areas such as cybersecurity and AI, where the company sees substantial long-term opportunities.
This strategic pivot is crucial as Cisco (NASDAQ: NASDAQ:CSCO ) navigates a rapidly changing market environment. The company’s investments in AI and cybersecurity are not just about diversification but also about strengthening its competitive edge in industries that are expected to see explosive growth in the coming years. By reallocating resources from traditional networking to these high-growth areas, Cisco (NASDAQ: NASDAQ:CSCO ) is positioning itself to capitalize on emerging trends that are reshaping the technology landscape.
Market Reaction: A Positive Turn
Investors responded positively to the earnings report and the strategic realignment, with Cisco’s stock rising more than 7% in Thursday's Market trading. The share price, which has struggled throughout the year, showed signs of recovery, reflecting renewed investor confidence. However, Cisco's stock chart reveals a complex picture. The shares recently formed a head and shoulders pattern, a technical formation that often signals a potential market top. Despite this, the post-earnings rally suggests that market sentiment may be shifting in favor of the bulls, especially as trading volumes remain lackluster, indicating a lack of conviction behind the previous downward move.
Investors will closely monitor key resistance levels for Cisco shares. Selling pressure may arise around $48.50, $50, $52.50, and potentially up to $58, where the "head" of the head and shoulders pattern is situated. A close above this level could invalidate the bearish formation, allowing for further gains, supported by a Relative Strength Index (RSI) of 63, which suggests potential growth for Cisco (NASDAQ: NASDAQ:CSCO ) stock.
The Road Ahead
Cisco's latest moves highlight its proactive approach to navigating a challenging and competitive market. By doubling down on high-growth sectors like cybersecurity and AI, the company is not just cutting costs but also strategically positioning itself for future success. As Cisco continues to adapt to market demands and technological shifts, its ability to execute on these strategies will be key to maintaining its leadership position in the tech industry.
The road ahead for Cisco may be fraught with challenges, but with its focused strategy and recent earnings beat, the company is well-positioned to weather the storm and emerge stronger on the other side. Investors and industry observers alike will be closely monitoring Cisco’s next moves as it continues to redefine its business in the face of rapid technological change.
NAS100 Technical Analysis - NASDAQ Next Move👀👉 In this video, we take a close look at the NAS100 currency pair, which has shown bullish momentum on the 4-hour time frame but now seems to be overextended. I’m expecting a potential pullback with the US100 to the Fibonacci 50% to 61.8% retracement levels. We cover the trend, price action, market structure, and other key elements of technical analysis. Additionally, we explore a potential trade setup and, crucially, how to approach it with a higher probability of success.
As always, this video is for educational purposes only and should not be considered financial advice. It's essential to recognize that these insights are speculative and not guaranteed predictions. Make sure to verify specific price actions before executing any trades, as highlighted in the video. The analysis offers an in-depth look at the current trend, market structure, and price movements. Remember, this content is for educational purposes and does not guarantee success. Trading involves significant risks, so always apply robust risk management strategies. 📊✅
NASDAQ THOUGHTS 15-AUG-2024Kindly see my NASDAQ thoughts for today. These videos are aimed at making you compare charts with mine if you are a price acton trader and use my thoughts to improve your skill. They are not meant as signals even if they seem like they are. I want you to learn and be great
USNAS100 / Futures Hold Firm Ahead of Crucial Inflation DataFutures Hold Steady Ahead of Key Inflation Report
The price has surged, successfully hitting our targets with a gain of approximately 400 points
Next Outlook:
The upcoming movement will be influenced by the CPI report, with two potential scenarios:
Bullish Scenario:
If the CPI is released below 3.00%, the bullish trend is likely to continue, aiming to break 19,200 and advance toward the next target of 19,530.
Bearish Scenario:
A CPI release above 3.00% could trigger a decline, with the price potentially falling toward 18,760 and 18,420.
Key Levels:
- Pivot Line: 19100
- Resistance Levels: 19200, 19320, 19535
- Support Levels: 18760, 18420, 18020
Today's Expected Trading Range:
The price is anticipated to fluctuate between 19,200 and 18,420.
previous idea:
Nasdaq Continues Uptrend After Retest, Consolidation ExpectedNasdaq Technical Analysis
The price retested its support line yesterday, then resumed its upward movement, continuing the bullish trend. The current momentum suggests further advances toward 18,760 and 18,910, before potentially pulling back as long as trading remains below the pivot zone.
Next Outlook:
The price is expected to consolidate between 18,760 and 18,420 until a breakout occurs.
Bullish Scenario:
Stability above 18,760 will support a bullish trend towards 18,910. A break above 18,910 could extend the rally to 19,100.
Bearish Scenario:
If the price stabilizes below 18,760, it may indicate a downward move, fluctuating between 18,760 and 18,420.
Key Levels:
- Pivot Line: 18,650
- Resistance Levels: 18760, 18910, 19100
- Support Levels: 18420, 18325, 17910
Today's Expected Trading Range:
The price is anticipated to fluctuate between 18,911 and 18,420.
Nasdaq Thoughts 12-Aug-2024Good morning all, Kindly find my Nasdaq market analysis for today below. As a price action trader, I encourage you to compare my charts with yours and use my insights to enhance your skills. These videos are designed for educational purposes only, not as trading signals. My goal is to help you grow and become a proficient trader.
NASDAQ - US100 Facing Bearish PressureThe CAPITALCOM:US100 index is currently facing significant downward pressure, largely due to mounting concerns about the U.S. economy. The potential for a recession is growing as recent data points to an increase in unemployment claims, and the Federal Reserve has decided to delay interest rate cuts. This has created uncertainty in the markets, as higher unemployment could lead to reduced consumer spending, further exacerbating the economic slowdown. The anticipation of prolonged higher interest rates is also weighing on investor sentiment, making the stock market, particularly tech-heavy indexes like NASDAQ, more vulnerable to declines.
Technically, the BLACKBULL:NAS100 index has been following a clear pattern of reactions to its trendlines. The index recently fell and touched the third trendline support, which has historically been a critical level for determining market direction. After this touch, the index attempted a recovery, moving back towards the second trendline, which now acts as a breakeven point. However, the failure to break through this level and the subsequent rejection suggests that the bears are firmly in control. The pattern indicates that the index may face further declines, particularly if it breaches the third trendline support.
In conclusion, both fundamental and technical factors are pointing towards a bearish outlook for the NASDAQ index. The rising possibility of a recession, driven by increasing unemployment claims and the Fed’s cautious approach to rate cuts, has dampened investor sentiment. On the technical side, the index’s inability to reclaim key trendline supports indicates that more downside is likely. As a result, investors should be cautious and prepared for potential further declines in the NASDAQ index in the coming weeks.
Bearish reversal?NAS100 is rising towards the resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 18,747.67
Why we like it:
A pullback resistance level aligns with the 61.8% Fibonacci retracement.
Stop loss: 19,237.14
Why we kike it:
A pullback resistance level lines up with the 88% Fibonacci retracement.
Take profit: 17,953.85
Why we like it:
There is a pullback support level which aligns with the 61.8% Fibonacci retracement.
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.