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.
NASDAQ 100 CFD
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.
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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. 📊✅
Nasdaq Eyes Breakout as Futures Stall Before Fed MinutesFutures stall in lead-up to payrolls revisions, Fed minutes
Nasdaq Technical Analysis:
The price remains consolidated between 19625 and 19840, awaiting a decisive breakout.
Bullish Scenario:
A potential pullback to 19625 could precede the continuation of the bullish trend. Sustained stability above 19625 would support an upward move toward 19840. A 4-hour candle close above 19840 would likely propel the price towards 20100.
Bearish Scenario:
If the price breaks below 19625, confirmed by a 4-hour candle close beneath this level, a bearish trend may develop, targeting 19390 and potentially testing the 19210 support level.
Key Levels:
Pivot Point: 19730
Resistance Lines: 19840, 20100, 20260
Support Lines: 19590, 19390, 19220
Expected Trading Range Today: 19525 to 20100
Trend: Bullish above 19625
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.
$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