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NASDAQ 100 CFD

Nasdaq and Indices Lower on Middle East conflictNasdaq keeps pushing bearish as the stock indices struggle to deal with rising tensions and conflict in the middle east. The Monthly/Weekly timeframes .. everything is bearish. As we head into the close of the week I'm anticpating a further push bearish. The previous 4hr candle closed a shooting star candle.. this coincided with the 1hr timeframe rejecting a 1hr resistance zone,17,397. The market dropped and really disliked the Israel strikes from 12 hours ago. We have bearish momentum , anticpating a retest of daily support level 17,164. The weekly candle will likely keep pulling down to finish off the candle. Vix volatility index gapped way up overnight due to war conflicts and this signals more puts being bought and therefore more anticpated downside on the Indices.
BLACKBULL:NAS100Short
by ShrewdCatfx
NAS100We were triggered and stopped out but we did fair. DAILY Kept falling and dragging down and tested around the support level, 17070 around here. We have a test candle which shows that our test level was correct. 4H Price is testing again (in correction) so we stay waiting and watching for either the break (impulsively) or the reversal impulsively. This is where we will get more information to lay forward our case. 1H Reject before 17500 is where we would believe that our correction has ended, break through here means we wait even more.
PEPPERSTONE:NAS100
by Mhangwane1
U.S. Stock Indices, signs of Relief? 🏛️hello traders.. the U.S. stock indices have been getting pounded by bearish sentiment related to new war conflicts. Also, they were due for a pullback as things have been quite bullish the last few months. Price currently is testing a Daily support level on Nasdaq at 17,500. The NYSE 1hr candle just closed strong bearish below our Daily support level and we are currently retesting structure to continue bearish. A 4hr zone at 17,410 may be the last hope for bears before another selloff takes place to retrace another 2 percent to 17,164 Daily support level. We currently have bearish momentum in the Risk-On stock markets. We had retail sales come out much better than expected earlier this week but this didnt do much at all for price. Strong jobs data and increasing inflation in recent months have increased price a decent amount and this looks like a healthy pullback for profit taking and liquidations.
BLACKBULL:NAS100Short
by ShrewdCatfx
N1DAILY We still in a bull trend but in the corrective phase of the bull trend. 16900 area is where we want to see action. The last support as all others are broken right through. We formed an expanding wedge going up and was broken, the retest here will let us know it's fate. 4H We formed a "flatish" flag, which is the correction of the current trend (bearish). Broke it and we are correcting once again, so we should anticipate the completion of the correction to come with an impulse. My idea has it collapsing further to 16965, around here we'll gain momentum. 1H A mentor of mine says trade the market ugly. Ugly is definitely is all I see. Waiting for the impulse candle to kick in and drive the supply.
PEPPERSTONE:NAS100Short
by Mhangwane1
Trader Thoughts – defence the play of the day The markets have come alive with the sound of derisking, deleveraging, hedging and broad managing of risk exposures. Friday was about managing risk going into the weekend, but today was different and the move could have legs - where for many playing defence has been the order of the day, while we have also seen traders getting aggressive, with shorting activity in equity picking up, notably in Tesla. On a cross-asset basis, there has been migration to buy equity volatility (the VIX sits at 19.2%), while there has been a further move into the USD, CHF, and gold, although the flight to quality was not broad-based with US 10-year Treasuries +10bp. While US bond yields were already moving higher into the US retail sales report (+0.7% vs 0.4% eyed), the stronger outcome of the data set off a further sell-off in US Treasuries, with US 10-year yields pushing into 4.66%. The equity market was initially fine with the rise in yields, but as headlines rolled in that Israel had vowed a new response the sellers gained full control – it was when S&P500 futures traded through Friday’s low (5150) and then the 50-day MA (5142) that the floors lit up with more indiscriminate selling in equity. The moves were then compounded by a rush to hedge risk, with funds buying volatility, where noticeable we saw the VIX index trade through 18% and into 19.46%. On the day 1.31m VIX call options traded vs 573k puts, so traders have been positioning for higher volatility and hedging portfolios accordingly. It’s no surprise that we’ve seen a sizeable 149k VIX futures traded, again well above average – higher market volatility leads to a whole range of selling activity from systematic players, and pension funds who target levels of volatility to determine their equity allocation. In these uncertain times high volatility begets higher volatility. We’ve been left with the S&P500 tracking its highest high-low trading range since March 2023 (119 points), with price closing near the lows of the day. Plenty for the day traders to work with, and this sort of price action, with the various indices seeing a strong high-to-low trend day, will not have gone unnoticed, and to many, these are ideal trading conditions. Momentum monitor – markets on the move We see higher FX volatility playing through, with the USD ripping vs all currencies. There has been a solid unwind of carry positions, with the higher-yielding plays – BRL, COP, CLP, and ZAR – all seeing big percentage changes. The USD is king, and while overbought it is not at a stage where mean reversion players are just yet seeing a higher probability of a snapback. There are too many tailwinds for the greenback right now – haven appeal, momentum, relative interest rate settings and relative economic data trends. Pullbacks, it seems, will be shallow and well-supported. Gold has been the classic geopolitical hedge, although we could have seen an even more pronounced move and a possible upside break of $2400 if crude (+0.2%) had participated. The fact that XAUUSD rallied 1.7% despite the move in the USD, and the 5bp rise in US 10YR real rates cements gold as perhaps the primary portfolio hedge given unfolding news flow. Conversely, there is a risk that gold could find a solid sell-down should Israel refrain from escalating, but for many the headlines suggest an increase in conflict is more likely than not and gold can offer defense in the portfolio. Asia faces another tough day at the office, with the JPN225 called -1.4%, HK50 cash -1.2% and the ASX200 -0.7%. There is certainly not much in the news flow to inspire risk-taking and there is a growing list of factors to refrain from buying and to manage exposures, which of course, can see the buy side of the order book dry up, which means we get more exaggerated price moves. China gets focus, not just because it performed admirably yesterday and we watch to see if the index can outperform, but also, we get Q1 GDP (consensus +4.8%), industrial production, retail sales and fixed asset investment.
PEPPERSTONE:US500Short
by Pepperstone
NAS100 Will Grow! Long! Please, check our technical outlook for NAS100. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 18126.71. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 18304.92 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. Like and subscribe and comment my ideas if you enjoy them!
FX:NAS100Long
by SignalProvider
1
US30 HEAD AND SHOULER??Simple trading - Head and shoulders Us30 has broken the neck-line of the Head and shoulder pattern on the 4hr. US30 is bullish on the higher time frames so always be ready for a pullback to the upside. Looking at the daily chart to see if the price will retest previous support and turn resistance. Due to the lack of bullish momentum on the smaller timeframes, I would NOT advise taking a buy trade to previous support as the market is making lower highs and lower lows. This clearly indicates that the bears are in control. At any moment the price could drop and you do not want to be caught in that. Be patient and wait for the price to play out. Look to take a sell positions in the short term at respectable levels
FX:US30Short
by nikdobii