NASDAQ 100 CFD
A Roadmap on How this Year May Turn Out | QQQYet again buyer are still able to keep price higher and higher but at the same time we can spot weakness in each rally that occurs.
Key note to look out for is that this rally that started in 2023 seems similar to the last in 2020 except for the Feds stimulus package that set the economy in turbo mode. As highlighted in green you can analyze the strength in both rallies to help predict what this year could look like, and going into the next.
Based on the analysis QQQ is set to hit around $500 near the end of this year. As seen with technology carrying the market on its back, BTC, NVDA, and top performing assets are really set to explode even higher than what we see now.
Buckle UP
NAS100: Bears Overpowering Bulls Resistance
18021.01
18011.66
Fib .50 level
17952.70
Support
17889.42
17883.67
Profit Target
17798.82
NAS100 rejected from the 18021.01 zone and proceeded to range in the 17952.70 Fibonacci area. Anticipating a push to the downside, breaking the 17883.67 level of the daily low, followed by a retracement to the 17889.42 zone to gain momentum for a further push downwards, aiming for the profit target of 17798.82.
NASDAQ Movie with bear marketNASDAQ Movie with bear market. Good movement for entering a trade with proper confirmation. Because this is 4H time frame.
Scenario 01
If nas rebound with psyological level The best way to use this opportunity is to place a Buy order at 17848
Scenario 02
If fell Bellow mentioned support nas will reach 17716. That level can get buy order.
4H Resistance level located 18053.44
4H Support level located at 17324.10
Inflation, GDP data awaited | NAS100MSCI's global equity index was down slightly on Monday after hitting record highs the week before as investors took a breath while they waited for the next batch of U.S. economic data.
U.S. Treasury yields rose slightly while the dollar fell slightly against a basket of currencies including the euro although it gained ground slightly against the yen.
nasdaq (us100)
Hello friends
Unfortunately, I can't upload a video for you since yesterday
I will post it as a picture
We are currently in the range of the trading range, after the successive rises, the price is tired and resting, and we can be a seller in the ceilings and a buyer in the floors. specified to move
Do not log in without getting confirmation and be careful not to fall into the trap of unsuccessful failures
NAS100 H4 | Potential bearish reversalNAS100 could rise towards a pullback resistance and potentially reverse off this level to drop lower.
Sell entry is at 18,035.07 which is a pullback resistance.
Stop loss is at 18,200.00 which is a level that sits above the 127.2% Fibonacci extension level and the all-time high resistance.
Take profit is at 17,652.31 which is an overlap support that aligns close to the 61.8% Fibonacci projection level.
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CAN US100 MAKE A NEW ALL TIME HIGH ?Hello traders .
i think for nasdaq the market is still bullish ,
if the price manages to give a bullish reaction on the area it is likely that it going to give a trend continuation
for bears out there if you wanna sell look for shorts on round numbers / Psycological levels but don't hold for long its agaisnt the trend i think its going to keep going and maybe start possibly reversing on 20.000.
just a personal prediction of mine . according to the relative strenght index the market is making higher high but they are getting weaker and weaker i am thinking at the price 20000 by then the buyers will be tired and we might see a possible correction.
US100 MARKET STRUCTURES SINCE MARCH '20Since March 2020, the US100 index has shown a robust market structure. However, there's now the emergence of a rising wedge pattern under the daily timeframe, indicating a potential short to mid-term bearish trend. If a breakout occurs below the lower boundary of this rising wedge pattern, there's a possibility of a retracement or revisiting of the previous resistance level near $16500.
NAS100 Is Bullish! Long!
Take a look at our analysis for NAS100.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 17827.71.
The above observations make me that the market will inevitably achieve 17965.80 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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NAS100 Shock Retreat 23.02.2024It has been a crazy day yesterday 22nd Feb. All indices including the NAS100 surged after strong earnings reports that boosted confidence and a risk-on mood for the high-tech stocks such as Nvidia.
Is this the end of the upward and rapid movement? We use the Fibo retracement levels to find the 61.8% that the market potentially will retrace to, as indicated by the arrow, that level is near 17800 USD.
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The Nvidia effect; US equity indices break out to new highs The Nvidia effect has ripped through global equity markets and given fresh wind to markets that were looking ominously poised for a 3-5% drawdown. New highs have been seen in EU Stoxx, GER40, JPN225, and the US large-cap equity bourses; the US30, US500 and NAS100.
What levels do the bulls target now?
Well either, you’re looking at fibo extension/projections, psychologically important round numbers, or you hold until price action offers an exit signal, or your trailing stop is triggered.
Our client flow is progressively skewed short index positions at current levels (85% of open positions on US30 are held short, 74% short on the NAS100), with many countering for a reversion move, although this is an aggregation of different strategies and timeframes.
Nvidia hits the sweet spot
Nvidia has dominated the narrative and rightfully so – the flow-on effects into the AI/semi’s scene has been truly emphatic. I won’t go over Nvidia’s numbers at a granular level, but clearly, they hit the absolute sweet spot – beating on Q424 actuals by some margin across the board, but also on their guidance for Q125 numbers.
While not meeting some very lofty market expectations was a small risk, there was perhaps a greater fear that the guidance would be too hot, subsequently creating an incredibly high bar to beat in the future. That wasn’t the case, and one could say the outcome was a ‘goldilocks’ scenario.
It’s hard to go past the commentary on their outlook and future operating environment, as this has not just lifted Nvidia but the whole scene. Saying that demand will continue to exceed supply all year was a massive bullish trigger. Detailing that supply constraints should improve over the year was also well received, with supply chains asked to increase capacity by 30% for CYQ1. Sales to China have also dropped to mid-single-digit percentages despite such explosive revenue growth, which was a factor and could be a big kicker further into the future.
Nvidia shares not only closed +16.5%, far higher than the -/+11% implied in options pricing but adding $276b in market cap was absolutely staggering. The fact price closed right on its session highs must enthuse the bulls and for tape readers, it tells a lot about the mindset of the collective – dips will likely be shallow, and traders will chase the upside.
87.75m shares traded hands – the most since November 2023 - and in the options market, we saw 1.51m calls bought vs the 20-day average of 913k. Valuations are obviously lofty, but they matter little for these high-growth plays, which are essentially out-and-out momentum vehicles.
Also, consider that Nvidia holds its highly anticipated GTC conference on 18 March – where they are likely to update the market on new products and innovations – so pullbacks in the stock should be shallow, and we could see buyers push price higher into that event.
The spill over into names like Super Micro Computers (+32.9%), AMD (+10.7%), Marvell (+6.6%) and Broadcom (+6.3%) is clear. The Philadelphia Semi ETF (SOX) also gets some focus as price breaks to new ATHs. Offshore we saw plays such as Infineon, ARM Holdings, Tokyo Election, Taiwan Semi and Korean Semi names all working well and finding a solid bid.
The biggest one-day move since early February
On a broad index basis, the NAS100 saw its biggest one-day move since Feb 2023 (a 3% move was a 3.3 Z-score move). That said, for such a big percentage change in the index volumes were only 7% above the 30-day average, although this was more than offset by good breadth with 82% of stocks higher (72% in the US500).
NAS100 implied volatility has fallen a touch with the NAS100 VIX index dropping 1.21 vols to 18.4% with the S&P500 VIX -0.80 vols to 14.5%, with traders rolling out of downside hedges. Hedges cost money when the market is ripping and subtract from performance.
So global high-quality growth equity has found its mojo courtesy of just one stock, and what they have said about the outlook, which of course means so much not just for the A.I adopters but the enablers.
We can once again talk about concentration risk in equity, but we can use the 2023 case study and see that reduced participation in the rally isn’t the red flag for contrarian positions it perhaps once was.
While CFD traders will take timeframes down and trade intraday flows – long and short – the primary big-picture trend remains higher, so for those who hold for longer than a day, we need to assess the big risk that can cause a 5%+ drawdown.
What can cause a reversal?
That risk is inflation, and a resurgence of concerns that we move into a far higher-for-longer regime, with rate cuts essentially priced out for 2024. It is my view that equity can hold in and even push higher if expected rate cuts are priced out for 2024, as long the cause is solid growth dynamics. But if the primary reasoning for reduced rate cut expectation is inflation, which causes long-end bond yields to rise (both nominal and real), and volatility in interest rates and US Treasury’s lifts then equity risk premium will rise, and the bears will likely get their 5-10% pullback.
For now, the Nvidia show is real, and a feel-good factor runs through the whole sector – The NAS100 breaks 18k, the US500 eyes 5100 and the US30 looks up at 40k.
Nasdaq - What Will Happen NextHello Traders, welcome to today's analysis of Nasdaq.
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Explanation of my video analysis:
For more than 13 years the Nasdaq has been trading in a decent rising channel. In the beginning of 2023 we saw a beautiful retest of the lower support and perfect confirmation so the recent rally of +70% was quite expected. If the Nasdaq now pulls back to the structure mentioned in the analysis, I am simply looking for bullish continuation setups from there.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Nasdaq-100 H1 | Potential bullish breakoutThe Nasdaq-100 (NAS100USD) is rising towards a potential breakout level and momentum could potentially carry price towards our take-profit target.
Entry: 17,817.55
Why we like it:
There is a potential breakout level
Stop Loss: 17,664.85
Why we like it:
There is an overlap support level
Take Profit: 17,965.80
Why we like it:
There is a swing-high 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.
NAS LONGNAS has recently broke structure to the upside on h1/h4 making it bullish. NAS has been bullish on the daily for a while so now that all time frames are in sync we can look for long opportunities. We can look for key zones where liquidity was pumped into the market and keep our eyes peeled. NAS can either retrace to a 61.8 Fibonacci level where heavy amounts of liquidity was pumped into a market while also falling on a key level gives us good confluence to enter OR NAS can either have a smaller pull back to another key level where a good amount of liquidity was present. Either way we can see NAS reaching for its previous highs or to the 0.27 Fibonacci extension at 17880/17900.
Nas100- Bulls should be very careful (2k P drop could be next)Since the low at 14k at the end of October, PEPPERSTONE:NAS100 has risen strongly, reaching a high at 18k.
More importantly, this translates into a 30% increase, which is substantial within such a short time frame.
Upon closer examination of this upward movement, we observe that it is contained within a rising wedge, which typically signals a reversal. Additionally, Friday's candle formed a bearish engulfing pattern, and yesterday we witnessed a break of the rising trend line. If we consider the divergences on MACD and RSI, the overall picture is far from bullish.
In the short term, we notice the index resting on horizontal support, and a break here would provide the necessary confirmation of a temporary peak at 18k.
In this scenario, a decline to 17k is highly probable, but in my opinion, this decline will extend to 15800k support.
And, let's be honest, after a 30% increase, a 10% decline is not a tragedy; in fact, it is a normal market "adjustment."