USNAS100 / Price Reversal in FocusTechnical Analysis: Price Reversal in Focus
Today's Outlook:
The price will try to touch 19625 and 19525 from the resistance line which is 19835
there is a sensitive point, stability above 19960 means will touch 20100
Bearish Scenario:
As long as the price trades below 19835, the bearish trend is likely to persist, with targets at 19625 and under that will be 19525, supported by strong bearish volume.
Bullish Scenario:
Reversing to stabilize above 19960 means will push up to get 20100 and closing 4h candle above 20095 means will start a new bullish trend
Key Levels:
- Pivot Line: 19835
- Resistance Levels: 19960, 20090, 20150
- Support Levels: 19630, 19525, 19230
Today's Expected Range:
The price is anticipated to fluctuate between the support at 19520 and the resistance at 19960, with a downward trend expected for today.
NASDAQ 100 CFD
NAS100 Weekly Analysis/Navigating Key Pivot and Resistance LevelTechnical Weekly Analysis: US NASDAQ 100 (NAS100)
A Short Outlook on the Previous Movement:
The US NASDAQ 100 (NAS100) has been trading within a primary ascending channel since the significant drop during the COVID-19 period. The index experienced a strong bullish trend, reaching new highs before facing periodic pullbacks. These pullbacks have been opportunities for the price to gather momentum for further upward movement.
Current Outlook:
The current price of NAS100 is around 19,754.9, positioned near the pivot line at 19,103.5. The index is testing a resistance line near 20,537.0, and the market is awaiting a decisive move. The recent movement suggests potential consolidation before a breakout.
Bullish Scenario:
Key Trigger: Daily closing above 19,525.0 and sustained move above the resistance line at 20,537.0.
Targets: The immediate target would be 20,537.0, with potential further movement towards 21,000.0.
Confirmation: A break above 20,537.0, supported by strong buying volume, would confirm the bullish continuation towards 21,000.0.
Bearish Scenario:
Key Trigger: Daily closing under 19,525.0 and sustained move below 19,103.5.
Targets: If bearish momentum continues, the price could drop towards the support line at 17,898.9, further down to 16,548.0.
Confirmation: A decline below 19,103.5 and 19,525.0, along with increased selling pressure, would confirm the bearish outlook.
Key Levels:
Pivot Line: 19,103.5
Resistance Levels: 20,537.0, 21,000.0
Support Levels: 19,103.5 (Pivot Line), 17,898.9, 16,548.0, 15,766.2
Expecting Weekly Range Movement:
- The anticipated weekly range is between the support at 17,898.9 and the resistance at 20,537.0. A breakout in either direction would define the next significant move.
Preferred Direction:
- Given the strong historical bullish trend and the current positioning near the resistance line, the preferred direction leans towards bullish if the price can break and sustain above 20,537.0. However, caution is advised as the market could still face significant resistance and potential pullbacks.
Summary:
The NAS100 is currently at a critical juncture. A breakout above 20,537.0 would confirm a bullish continuation towards 21,000.0, while a failure to break this level and a decline below 19,103.5 would signal a bearish move towards 17,898.9 and potentially 16,548.0. Traders should closely monitor the price action around these key levels to determine the next major trend.
PREVIOUS WEEKLY IDEA:
NASDAQ - What do I expect?Hey Guys,
the Quarterly and Yearly Chart are Bullish. The Monthly is showing 5 waves - could mean that some traders are willing to take some profits because they expect an ABC - Wave Correction from here.
However, a Fifth Wave extension is not that unlikely because the third has not been extended.
in simple words: We might see a bit of a correction - or we will see a straight continuation -break above and retest the Highs - but I guess many will be happy taking a bit of profit here, thinking about the upcoming election in the USA - a bit of Consolidation would be expected at least thats what I am thinking…
Either Way - I will be cautious during the next week as it might indicate what Q3 will look like.
Thank you for reading…
NASDAQ based on past data This is the past data of NASDAQ and would like to see how the everything code plays out based on Raoul Paul's idea that everything is correlating to the debt refinancing by the fed.
remember rates will be cut soon and based on past data September gets the end of the stick so lets see how they cut rates and how the market will behave due to that
#fed #nas100 #QQQ
NAS100: First red day, on the backside
Hi 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 ✅ day 2 cycle
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: secondary, not really interested in it, unless a 3 sessions setup dump and pump is identified after 10am, not really into it today.
Short: primary, potential weekly pump and dump, currently the price placed a lower low into the LOD and started pumping up. If the price will lock the high for a reversal short trade after 10am , I will be willing to take it.
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
Plan Your Trade - 6-27-24 : SPY & QQQ ExpectationsThis continuation of my Plan Your Trade video series highlights the potential price rotation we'll see over the next two days, leading to what I believe will be a substantial rally phase throughout the week of July 4th.
The next two days will likely represent some huge price swings - first upward, then downward on Friday.
These types of price swings are fantastic for day traders and intraday swing trading.
Learn how my SPY Cycle Patterns can help you plan and prepare for market direction and trends.
Do you know anyone who can accurately predict price setups/trends 2 to 4 weeks into the future? Well, you are watching me do it right now.
Let me know what you think in the comments.
Go make some money today.
Nasdaq Slapped- Like u saw yesterday, BTC dipped but the main reason for now is just the global economy being worst.
- Nasdaq Companies made big % lost yesterday - here the main list - www.cnbc.com
- The Covid19 caused a fast dip followed by a mega pump based on stimulus (brrrrr), now the real dip is ongoing.
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Trading Part ( Long Term )
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- Buy 1 : 12,000$
- Rebuy : 10,500$ - 11,000$
TP : before 20,000$
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- This Analyze of course can be faked by a strong money printing (Brrrrrrrrrrrr)
Happy Tr4Ding and St4y Safe !
USNAS100 Analysis and Nasdaq's AI Surge Amid Fed UncertaintyUSNAS100 Technical Analysis: Focus on Price Reversal
Today's Outlook:
The price has reversed and stabilized in the bullish zone after surpassing the resistance level at 19800, suggesting a continued upward trajectory towards 19960 and potentially breaching the all-time high.
Bullish Scenario:
As long as the price remains above 19800, the bullish trend is expected to continue, with targets set at 19960 and 20100.
Bearish Scenario:
To trigger a bearish trend, the price needs to close at least a 4-hour candle below 19795, potentially leading to a decline towards 19625. A sustained drop below 19525 would activate a bearish zone, with further downside targets at 19100.
Key Levels:
- Pivot Line: 19800
- Resistance Levels: 19960, 20100, 20250
- Support Levels: 19625, 19525, 19250
Today's Expected Range:
The price is anticipated to fluctuate between the support at 19625 and the resistance at 20100, with a prevailing expectation of a downward trend for today.
In summary, the outlook remains bullish above the pivot line, with potential targets at 19960 and 20100. However, a close below 19795 could signal a shift towards a bearish trend, targeting 19625 and lower levels.
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Nasdaq Surges on AI Stock Rally; Dow Dips Ahead of Key Inflation Data
The Nasdaq surged on Tuesday as Nvidia and other AI-linked stocks rebounded following recent selloffs. Meanwhile, the Dow slipped from its one-month high as investors awaited key inflation data later this week to gauge the Federal Reserve's monetary policy trajectory.
"If the economic data continues to weaken, equities might have to take a breather unless and until a September rate cut becomes more likely," said John Velis, Americas macro strategist at BNY Mellon.
Market participants currently see a 61% chance of a 25-basis point interest rate cut in September and are anticipating approximately two cuts by the end of the year, according to LSEG's FedWatch data.
The most anticipated event of the week is the release of the personal consumption expenditures (PCE) price index on Friday, the Fed's preferred measure of inflation.
However, Fed Governor Michelle Bowman indicated that she does not foresee any reduction in the U.S. benchmark interest rate this year.
NAS100 H4 | Bearish DropBased on the H4 chart analysis, we can see that the price is rising toward our sell entry at19836.60, which is a pullback resistance and a 61.8% Fibonacci retracement.
Our take profit will be at 19,515.67, a multi-swing low support level.
The stop loss will be at 20095,32, a swing high resistance level.
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Nas100 Bullish Trade Idea Technical Analysis: NAS100
The market appears to be in a bullish reversal setup after finding support and potentially moving towards our supply zone.
If the price breaks above the equilibrium zone: It is likely to head towards the resistance levels marked by the Fib retracement levels.
If the price fails to break the equilibrium zone: It may retest to the 50% line on the fib at 19,655.8 before resuming the upward trend.
NAS100: Day 3 breakout shorts in the market
Hi 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 ✅ no daily cycle
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: secondary, not really interest today about the long view, the market is still on the backside and counter trending could be only a stop hunt 3 session setup if a dump and pump is identified on the CP or previous low of the day.
Short: primary, potential 3 weeks pump and dump, market look like breaking down on the backside. Short are still in control. I would be interested if the market confirm a pump and dump scenario, holding till 10am NYT
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
USNAS100 (LIKELY STARTING A BEARISH TREND)with retest possibiltyTechnical Analysis: Price Reversal in Focus
After reaching an all-time high, the price has now reversed, setting its sights on the 19100 level this week.
Today's Outlook:
The bearish trend is expected to continue as long as the price remains below the pivot zone which is 19625 and 19800, potentially targeting 19250 and 19100.
Bullish Scenario:
For a bullish reversal, the price needs to rise above 19800, aiming for targets of 19960 and 20100.
Bearish Scenario:
As long as the price trades below 19625, the bearish trend is likely to persist, with targets at 19520 and 19250, supported by strong bearish volume.
Key Levels:
- Pivot Line: 19625
- Resistance Levels: 19800, 19960, 20100
- Support Levels: 19525, 19250, 19110
Today's Expected Range:
The price is anticipated to fluctuate between the support at 19250 and the resistance at 19800, with a downward trend expected for today.
USNAS100 / Bearish Reversal Following All-Time HighTechnical Analysis: Price Reversal
After reaching an all-time high, the price has reversed.
Today's Outlook:
The bearish trend is expected to continue as long as the price remains below 19850, potentially targeting 19520.
Bullish Scenario:
For a bullish reversal, the price needs to rise above 19960, aiming for targets of 20100 and 20250.
Bearish Scenario:
As long as the price trades below 19850, the bearish trend is likely to persist, with targets at 19625 and 19520, supported by strong bearish volume.
Key Levels:
- Pivot Line: 19840
- Resistance Levels: 19960, 20090, 20150
- Support Levels: 19630, 19525, 19230
Today's Expected Range:
The price is anticipated to fluctuate between the support at 19520 and the resistance at 19960, with a downward trend expected for today.
NAS100: Day 3 longs in the market, inside day, still frontsideHi 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 ✅ No daily cycle started yet
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: secondary, still interesting to see this market proceeding long, eventually if before NYO 9:30am the market will dump into the yesterday HOD, consolidating for 30/45 min.
Short: primary, not looking for a short sharp movement back into the LOW. The market is still on the frontside, potentially still trending, but looks like setting up for a scalp short HOW to current LOD.
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