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NASDAQ 100 CFD

Prepare before National Foundation Day on Nasdaq 25.01.09Hello, this is Greedy All-Day. First, I’d like to apologize for not posting a briefing yesterday, January 8, due to personal reasons. Let’s dive into today’s analysis of the NASDAQ. Tuesday’s Briefing Results Buy Entry: No buy entries were triggered, so there’s no commentary for this perspective. Sell Entry: The trigger was a breakdown below the ascending trendline and the lower boundary of the supply zone at 21640. Outcome: After the breakdown, the NASDAQ dropped by 350 points. Profit: Approximately $7,000 per contract. Daily Chart Analysis The NASDAQ is currently consolidating between the 20 EMA and the 60 EMA, which suggests indecision: The price has not closed below the 60 EMA, indicating that support is still holding and cautioning against premature selling. The price has not entered the Ichimoku Cloud, which means a full bearish transition has not occurred yet. This range-bound movement suggests that the market is awaiting a major catalyst, such as an economic indicator or political news, to determine the next directional move. A more strategic approach is required in this scenario. Key Supply Zone Dynamics The current range is highlighted in the orange box, where price movements have shown inconsistent behavior: Resistance and support levels within this range do not align consistently. The best approach in this zone is to wait for a clear breakout in either direction before entering a trade. This area is prone to stop-hunting, increasing the risk of being prematurely stopped out in both directions. Today’s Trading Strategy Buy Scenario: Entry Trigger: A breakout above the green box at 21812. Reasoning: The red box marks the upper boundary of the resistance zone, but breaking above it alone does not provide a strong buy signal. A move above 21812 would signify a breakout above key resistance levels, including the descending trendline and prior candle resistance, providing sufficient justification for a buy entry. Sell Scenario: Entry Trigger: A breakdown below the orange box support. Reasoning: Breaking the short-term ascending trendline would open the door for a test of Wednesday’s low. If the low is breached, the price could decline further to the 21006 level. The 21006 support zone corresponds to the January 2, 2025 low of 20983, a critical level. A breakdown here would signify entry into the daily Ichimoku Cloud, opening substantial downside targets. Conclusion Today is a market holiday in the U.S. (National Foundation Day), so trading activity will be paused. In such conditions, I recommend avoiding impulsive or speculative trades and instead observing the market’s behavior to prepare for the next session. Stay disciplined and trade wisely. 🚀 This briefing will remain valid until Friday due to the market holiday. The next NASDAQ briefing will be shared over the weekend in preparation for Monday’s trading.
CME_MINI:NQ1!
by Greedy_allday
2
Technical Analysis of Nasdaq 100: Key Support Holds as Bulls The Nasdaq 100 (NAS100) is currently trading at 21,100, with a target price of 23,000, suggesting a bullish outlook and a potential rise of 1,900 points. The price is holding above a key trendline, which acts as a strong support level. This trendline's role is significant, as the recent bounce from this support confirms its reliability. The pattern indicates that the index may continue its upward trajectory if no major resistance levels hinder its movement. Such a setup suggests the market sentiment remains positive. A break above intermediate resistance levels could accelerate the rally. However, traders must remain cautious of external factors like earnings reports or Federal Reserve policy updates that might affect momentum. Proper risk management is essential to navigate potential volatility.
PEPPERSTONE:NAS100Long
by AndrewsMarket-Mastery
Analysis of USOIL and Falling Wedge Breakout PotentialThe forex pair USOIL is currently priced at 75.000, with a target price set at 103. This indicates an expectation of significant upward movement. The technical pattern in focus is the Falling Wedge, a bullish reversal pattern often found in downtrends. In this setup, the price consolidates between converging trendlines, suggesting decreasing momentum in the downward movement. A breakout above the resistance line typically signals a trend reversal. Traders anticipate a breakout in this case, leading to a potential rally towards the target. This scenario implies increased buying pressure and positive market sentiment. Risk management is crucial, as breakouts can sometimes fail. Confirmation of the breakout, such as strong volume or a clear candle close above resistance, adds reliability to the trade setup. Monitoring key levels closely will help refine the strategy.
TVC:USOILLong
by AndrewsMarket-Mastery
1
Nasdaq Intraday Review - Tuesday 7 Jan 2025I trade Nasdaq exclusively Trading in GMT time zone Sharing my post day review and analysis in case it can help you! Did my analysis at +- 5:30 am GMT (00:30 am EST) Economic news - JOLTS Job Openings @ 15h00 News - None Directional bias - BUY Morning analysis: M TF - Currently showing bullish sentiment, even after last month's doji candle close. W TF - Bulls have managed so far to keep price above W neckline (on the W TF change the chart type to line chart and you will clearly see the "M" representing a DT market pattern). D TF - D 0.618 SELL fib level was broken, as bulls pushed price up well above this level and managed to close the D candle above it. Even though bulls showed massive strength on Monday, they were unable to close the D candle above the D falling wedge pattern top blue line, i.e. they were unable to break the pattern upwards. At time of writing in the morning, temporary blue downtrend line is being respected. The blue downtrend line represents the D downtrend of the falling wedge (drawn on the D TF) and the green down trendline represents the 4H downtrend line (drawn on the 4H TF) 4H TF - Potential neckline of a DT noted and marked with orange. If the 7am candle breaks this neckline downwards, price will push down because we are at the top of a higher TF market pattern (D falling wedge) + we have a 4H DT. These are strong bearish signals, but they will only be valid should price action give a reversal signal by bears being able to break the orange neckline downwards. The D buy fib levels coincide with the 4H buy fib levels as both are drawn from swing low at B to swing high at A on each respective TF. This gives a form of TF confluence and makes these levels stronger. 1H - Bears have managed to break below the pivot point + 1H EMA. The 1H candle that closed at 6am, wicked down to the pink uptrend line and there was a strong reaction (long lower candle wick) alluding to the validity of this uptrend line. Interest area's: 1. One buy area of confluence marked in green highlight - 4H EMA + D EMA (at that time) + D 0.382 buy fib level As the day progressed: Bulls managed to push up and break the pivot point upwards. The candle that broke the pivot closed right on the 30min EMA. When Nas is very bullish or bearish, the 30min EMA will act / be respected as dynamic support and resistance. Hence, I didn't want to enter my buy right at this level. I waited to see what price action would reveal. Looking at the 15min TF you can see a small price retracement to the pivot point (red candle at C.), a doji right at the pivot point and a green candle pushing up and away from the pivot and closing higher . It was at this point that I entered on a full position size, as I deemed my risk low because I had waited for the break and re-test: Entered a buy at the hand icon - Confirmations: 1. Market pattern - 30 min DB with neckline broken upwards and re-tested 2. S&R - pivot point + 1H EMA acting as dynamic support 3. Trend - Buy is in the overall bullish direction of the recent market and temporary orange downtrend line broken upwards. Price also rejecting and moving away from temporary down trend blue line 4. Fib - 5. Candlesticks - bullish engulfing candle to the left of C. on the 1H TF + previous long wick candle rejecting the D sell 0.618 fib. Mental SL placed at the thick pink line, so that the pivot point the 1H EMA and bulls rejecting the 4H neckline could possibly protect my buy. Price action was a bit choppy, but I held my position open as price was making higher highs and higher lows on the 1H TF. Price gradually trending upwards along the 1H EMA. Then news came out at 15h00 and price fell through the floor. JOLTS Job Openings is not really a "high impact" news event for Nasdaq like the CPI and NFP is. So this was a surprisingly volatile move, indicating how sensitive traders are to economic news that would affect Fed decisions regarding rate cuts. For me, up until the news, Nas was showing really good bullish price action. And then price just fell through the floor. I closed my biggest position at 1'150 pips loss (as I usually don't like to take losses of more than 1'000 pips a day). My smaller position size, I hesitated to close and took a loss of 2'411 pips! WHAT THE HELL!!! This was the fist time in a long time that I hesitated to close and it cost me badly, my emotions really got in the way here. Then, as per my strategy, when price reached my interest area, I moved down to the 5min TF and entered a buy when price made a DB on the 5min TF at the lower hand icon.. But that was a false signal i.e. a small bounce off a strong reversal zone, but price ultimately tanked further and I closed at 1'126 pips loss. What a freakin disaster....I basically took a 2'927 pips loss today (if I smooth the effect of position sizing). Part of this loss is due to variance and part of it is due to my own fault. There is no way I could have projected that Nas would fall through the floor on this news event and I don't regret my entry as I do believe my entry is correct for my bias and I did wait for the break and re-test. My mistake was that I hesitated to close and took a bigger loss than I should have. I also should not have entered again if I had already taken such a huge loss for the day. My strategy is to be out for the day if I make a 1000 pip loss. So it was a bit of a disaster. Nasdaq (and mostly myself) DESTROYED me today! After this devastation to my trading account, I think I will sit the rest of the week out, as tomorrow market are closed in national mourning and then Friday is NFP which I don't trade anyway. I need market to be as "normal" as possible because now I have my work cut out for me to slowly make up these losses. I will need to look for good quality entries and limit my risk. ​Losses are normal in trading and these will be faced by every trader. But the biggest damage a trader can do to his progress is to have uncontrolled losses and let losses get bigger than they should. It has been many months since I made this error, so I am making progress, but one bad day can cause serious damage. Limiting losses is more important than making money. If you don't have this skill you will never be profitable over the long run - I was reminded of this valuable lesson today. Hope you had a better day than me! Abbreviations: TF = timeframe TP = take profit 1H = 1 hour 4H = 4 hour D = day W = week M = month S&R = support & resistance H&S = head & shoulders EMA = exponential moving average SL = stop loss
PEPPERSTONE:NAS100
by Jinxx84
GBPUSD Analysis: Bullish Breakout from Falling WedgEThe forex pair GBPUSD is currently trading at 1.25600, with a target price set at 1.28000, indicating a potential gain of over 200 pips. The price action showcases a falling wedge pattern, a bullish reversal formation, which has already broken out to the upside. This breakout confirms a shift in momentum, aligning with the bullish prediction made in prior analysis. Falling wedges typically suggest decreasing bearish pressure, paving the way for buyers to dominate. The breakout signifies a strong upward move, reinforcing confidence in the target price. Traders may see this as an opportunity to capitalize on the bullish trend. However, market conditions, such as economic data or geopolitical events, should still be monitored. Proper risk management remains essential to mitigate potential losses. This setup highlights the importance of technical analysis in identifying profitable trading opportunities.
Long
by AndrewsMarket-Mastery
Tuesday: Make Your Day a Payday with NASDAQ 25.01.07Hello, this is Greedy All-Day. Today’s analysis focuses on the NASDAQ. Monday Trading Results Buy Signals: The green boxes marked the buy entry zones for Monday’s session. Sell Signals: No sell entries were triggered, so there is no commentary for sell trades. Outcome: Both the first and second buy entries were activated, and all targets were achieved. Profit: The price moved a total of 321 points, resulting in approximately $6,400 in profit per contract. How Should We Approach Today’s Market? Looking at the daily chart, the price appears to have entered the supply zone within the green box range, which spans 21619 to 21896. While Monday’s bullish candle demonstrated strength, the upper wick formed during the U.S. session's close indicates that bullish momentum was met with selling pressure. This leaves a less-than-ideal setup for the bulls. The trend is likely to continue in the direction of the breakout from this supply zone. Today’s Trading Strategy Buy Perspective: Entry Trigger: A breakout above both the resistance trendline and Monday’s high at 21897 is recommended for a conservative buy entry. Target Levels: First resistance: The yellow box, which contains the purple resistance trendline. Beyond this, the maximum target lies at 22111. Scenario Analysis for Bulls: Should the price rally, the green box zones (previous lows) will form a double bottom structure, providing a strong foundation for continued upside. A breakout above 22111 would confirm a larger double bottom pattern, potentially paving the way for a rally toward previous highs or even new all-time highs. Sell Perspective: Entry Trigger: A break below the ascending trendline and Monday’s corrective low at 21619 serves as the sell signal. Target Levels: Maximum target: 21520 Beyond this, further downside is possible; however, key support zones are unclear due to differing stair-step patterns during recent rallies and corrections. Conclusion The NASDAQ is at a critical juncture, balancing between bullish potential and bearish risks: For Buyers: Watch for a breakout above 21897 for potential upside to 22111 and beyond. For Sellers: Monitor a breakdown below 21619, with 21520 as the initial target. Be prepared for both scenarios, as the market continues to provide dynamic opportunities. Let’s stay sharp and trade wisely. 🚀
CME_MINI:NQ1!
by Greedy_allday
1
Nasdaq Intraday Review - Monday 6 Jan 2025I trade Nasdaq exclusively Trading in GMT time zone Sharing my post day review and analysis in case it can help you! Did my analysis at +- 5:30 am GMT (00:30 am EST) Economic news - None News - None Directional bias - I think BUY. Morning analysis: M TF - so far, buyers are showing strength after last month's doji candle close. Can't read too much into it though because the candle is not fully formed and closed, but it does indicate buyers sentiment currently. W TF - Last weeks candle closed just below the W neckline, but does this constitute a break of the neckline downwards? Difficult to say because bulls were in total control of the market last Friday and drove price up by thousands of pips, creating a very long wick candle. It was only in the final 4H of Friday that bears pushed price down +-170 pips below the neckline. The market is imperfect, and I would not be too quick to read this as a neckline broken downwards, especially because the early morning trading of today shows a strong rejection of the neckline area. I draw my neckline and S&R as lines but one should always keep in mind that these are areas or zones. D TF - Clear falling wedge pattern in formation (shown in grey and blue lines). These tend to break upwards, but can break in either direction. A break of this pattern in either direction, will result in a large move because the pattern is so large the resulting break + profit target will be large. At time of writing this morning, price is consolidating at D EMA. 4H TF - Strong uptrend and this morning we see a strong rejection of the W neckline area, with a gap up and a candle wick down to the neckline area. Morning interest areas where identified but these later changed as fibs had to be re-drawn (and so not shown on the charts). Later once price stabilised, interest zones where identified but price did not retrace. Day and 4H fibs were drawn from swing low at B to swing high at A. Area's of confluence marked in green highlight but now invalid as price keeps climbing. This morning.... I identified a red highlighted area which I deemed a strong sell area due to D EMA possibly acting as dynamic resistance + D 0.50 sell fib level. Price started to consolidate here in an ascending triangle pattern. These patterns usually break upwards, but can break in either direction. I entered a buy at the hand icon on the break of the market pattern + the D EMA (D EMA has now moved higher as price has moved higher). I took a small position because I don't like these entries where you buy at the highest level of the day which it was at the time of my buy (I find these to be risky and prone to fake outs). I prefer retracement entries (for me, safer entries). Hence my small position. Now I wish it was my usual position size because price is up +- 3'300 pips! :) At least I caught the buy! Hope you had a good trading day! :) Abbreviations: TF = timeframe TP = take profit 1H = 1 hour 4H = 4 hour D = day W = week M = month S&R = support & resistance H&S = head & shoulders EMA = exponential moving average SL = stop loss
PEPPERSTONE:NAS100
by Jinxx84
NAS100 - Nasdaq, no interest in Santa Rally!The index is above the EMA200 and EMA50 in the four-hour timeframe and is trading in its descending channel. If the index corrects towards the demand zone, you can look for the next Nasdaq buy positions with the appropriate risk reward. Nasdaq being in the supply zone will provide us with the conditions to sell it. In the annual rebalancing of the Nasdaq Index, the shares of Tesla, Meta Platforms, and Broadcom saw a reduction in their weighting, while Apple, Nvidia, Microsoft, and Alphabet gained more weight. According to data compiled by Bloomberg, this marks the second time in roughly a year that index regulators have adjusted the allocations for its largest members. The rules governing the Nasdaq 100 are designed to prevent a small number of companies from exerting excessive influence on the index. These rules have become increasingly relevant in recent years due to the extraordinary growth in market value of major companies and advancements in artificial intelligence. Although the Nasdaq 100 is weighted by market capitalization, certain limits are enforced if a few companies grow disproportionately large. This recent rebalancing may have been prompted by a rule that allows regulators to reduce the weighting of the top five companies to below 40%, with other adjustments made accordingly. Steve Sosnick, chief strategist at Interactive Brokers, remarked, “At times, the Nasdaq 100 has to take such measures because it becomes a victim of its own success; the largest stocks in the index have grown significantly faster than others.” This year, the shares of major technology companies have risen sharply due to advancements in artificial intelligence. Broadcom, a key chip supplier for Apple and other tech giants, reached a market value of $1 trillion. Tesla also surged by around 75% following the U.S. presidential election. In the Nasdaq 100, Apple’s weighting increased from 9.2% to 9.8%, while Nvidia rose from 7.9% to 8.4%. Microsoft and Amazon also gained weight, and Alphabet saw a slight increase. However, Broadcom’s weighting fell from 6.3% to 4.4%, Tesla’s dropped from 4.9% to 3.9%, and Meta’s decreased from 4.9% to 3.3%. Currently, over 200 exchange-traded products, with combined assets totaling approximately $540 billion, track the Nasdaq 100 or its variations globally. Athanasios Psarofagis of Bloomberg Intelligence noted, “This highlights the increasing influence of index providers on market dynamics.” Last year, thanks to the resilience of the economy, strong earnings reports, a 100-basis-point rate cut by the Fed, and the leadership of the Mag7, the S&P 500 recorded 57 new all-time highs (ATHs). On Friday, Richmond Fed President Tom Barkin, speaking at the Maryland Bankers Association, outlined the conditions needed for rate cuts and discussed the broader impacts of the new tariff plan proposed by President-elect Donald Trump. Barkin downplayed the immediate and direct effects of the tariff program. Markets do not anticipate any rate changes in the upcoming Fed meeting. The private and non-farm payrolls report (ADP) set to be released on Wednesday, along with Thursday’s weekly jobless claims data, could offer a clearer picture of the U.S. labor market ahead of the Non-Farm Payrolls (NFP) report. Additionally, the ISM Services PMI for December, scheduled for release on Monday, could provide further insights into the overall performance of the U.S. economy, as the services sector accounts for over 80% of GDP. The minutes of the December Fed meeting will also be published on Wednesday, but they are unlikely to have a significant impact on markets as updated economic forecasts have already been released. The November Non-Farm Payrolls (NFP) report showed a sharp increase in job creation, with 227,000 new jobs added to the U.S. economy. This contrasted with just 12,000 jobs added in October, marking the weakest job growth since December 2020. If the December report also indicates that October’s weakness was temporary, some investors might conclude that even two rate cuts in 2025 would be excessive. This could contribute to the continued strength of the U.S. dollar against other major currencies. The key question is whether the stock market, given expectations of fewer rate cuts, will continue its downward trend or recover with signs of robust economic performance.
CAPITALCOM:US100Long
by Ali_PSND
NAS100 Price ActionHello Traders, Our Supply Demand Analyzer indicator has identified fresh zones that price has yet to test. These untouched zones present high-probability areas where price action is likely to respond—potentially moving from a strong demand zone to the next key supply zone. Additionally, I’ve highlighted two types of breakout patterns: 1. Curve Breakout – An early signal indicating a potential breakout. 2. Channel Breakout – A more confirmed breakout pattern for added confidence. You can leverage these supply and demand zones to plan long entries effectively. Pro Tip: Always prioritize risk management before executing your setups. Wishing you profitable trades and continued success. Happy Trading!
PEPPERSTONE:NAS100Long
by SuvashishFx
NAS100 H4 | Bearish Reversal?Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 21,388.20, an overlap resistance close to the 50% Fibonacci retracement. Our take profit will be at 20,866.82, a support level. The stop loss will be placed at 21,771.47, which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:NAS100Short
by FXCM
NAS100 Bull BiasCurrent Market Structure: 1. Trend Analysis: • The price is still within a well-defined ascending channel. • The recent price action shows a pullback toward the channel’s midline after hitting resistance near the upper channel boundary. 2. Key Levels: • Resistance: • 21,400–21,500: Price is near this key zone, which aligns with previous swing highs. A break above this could confirm further bullish momentum. • 21,800: The next significant resistance, where a potential rejection could occur. • Support: • 21,200–21,300: Immediate support zone near the current price. A break below may lead to a retest of the channel’s lower boundary. • 20,766 (blue line): Major support that aligns with previous lows and the base of the channel. Possible Scenarios: 1. Bullish Case: • If price holds above 21,300 and breaks through the 21,500 resistance zone, there’s a strong likelihood of a move toward the next resistance at 21,800 or even the upper boundary of the channel at 22,200. • Buy confirmation: Look for bullish momentum candles or a retest of 21,400–21,500 as new support. 2. Bearish Case: • If the price fails to break 21,500 and falls below 21,300, we may see further downside toward 20,766 (blue line). • A break below 20,766 would invalidate the bullish structure and potentially lead to a deeper pullback toward 20,400–20,321. Indicators to Watch: • Trendline Interaction: The price is near the channel midline. A bounce or rejection here will determine the direction. • Volume: A breakout above resistance zones requires strong volume for confirmation. • Momentum Indicators (e.g., MACD/RSI): Watch for divergences or crossovers that might indicate a shift in momentum. Trading Plan: 1. Long Setup: • Entry: Above 21,500, after a breakout and retest. • Target: 21,800, then 22,200. • Stop Loss: Below 21,300 (midline). 2. Short Setup: • Entry: Below 21,300, after rejection. • Target: 20,766, then 20,400. • Stop Loss: Above 21,500. Conclusion: The market remains in an ascending channel, favoring bullish bias unless 20,766 is broken. Monitor price action at 21,300–21,500 for confirmation of direction.
VANTAGE:NAS100Long
by AutoMarkets
New Monday For Nasadaq Trading Strategy 25.01.04Hello, this is Greedy All-Day. Today, we’ll be analyzing the NASDAQ, focusing on recent results and strategies for Monday's market. Friday’s Briefing Results Buy Signal: Trigger: Breakout above the resistance trendline and the 21360. Outcome: The NASDAQ experienced significant upside, though it did not reach the maximum target of 21575. Profit: The price movement offered approximately $5,000 per contract for a range of 250 points. Sell Signal: Trigger: A break below 21120 was required for sell entry. Outcome: The level was not breached, so no sell trades were triggered. Monday’s Market Strategy Let’s first analyze the daily chart: Following Thursday’s decline, the price tested the Ichimoku Cloud's support. Although the 20 EMA wasn’t touched, the daily candle closed as a bullish candle. Notably, the Lagging Span found support at the candles, which can be seen in the green box. Key Resistance: If the price breaks above the 20 EMA, the next major resistance is 21812, supported by the blue box candlesticks as evidence. Buy Entry Points Recommended Buy Zones: First Entry: Above 21575 Reasoning: This level represents the resistance encountered during the December 30 session and Friday’s high. Caution: A breakout above the Daily 20 EMA is essential; otherwise, resistance is likely. Targets: TP1: 21645 TP2: 21670 TP3: 21740 Second Entry: Above 21746 + Resistance Trendline Breakout Reasoning: Breaking the black box supply zone opens the door for a one-way rally, as there are no significant overhead resistances. This scenario also implies a clear breakout above the daily 20 EMA, signaling strong bullish momentum barring any unexpected news. Targets: TP1: 21812 TP2: 21895 TP3: 21935 Sell Entry Points Recommended Sell Zone: Trigger: Break below the ascending trendline + 21345 Reasoning: Historical support at 21345 has been confirmed multiple times (black box zone). A break below this level, coupled with a trendline breakdown, would suggest a shift to a corrective trend. Additionally, this level acted as a pullback zone during Friday’s rally, suggesting significant supply if revisited. Targets: TP1: 21265 TP2: 21206 TP3: 21120 Extended Scenario: If 21120 (marked in the blue box) is breached, additional downside is likely. While new entries are not recommended, breaking this level increases the probability of testing Thursday’s low. Conclusion The market showed downward momentum from Monday to Thursday last week, followed by a recovery on Friday. As a futures trader, I always consider both bullish and bearish scenarios, emphasizing the importance of flexibility and preparation. This approach ensures we can adapt to any market conditions effectively. Take some time to rest over the weekend, and let’s aim for another successful trading week ahead. 🚀
CME_MINI:NQ1!
by Greedy_allday
NASDAQ Analysis: Key Levels and Trading Opportunities 25.01.03Hello, this is Greedy All-Day. Today, we’ll dive into a detailed analysis of the NASDAQ, starting with a review of the recent trading signals and results. Briefing Results 1. Sell Signal: Red Box Entry Entry Trigger: During the Asian session, prior to the Hang Seng market opening, the NASDAQ broke below Tuesday’s low of 21177. Result: Price quickly reached the target of 21128, delivering a clean, decisive trade. Profit: $1,000 per contract for a 48-point range. 2. Buy Signal: Green Box Entry Entry Trigger: During the transition between the Asian close and the European open, the price rebounded strongly, presenting a buy opportunity. Result: The maximum profit for this trade was 133 points, or approximately $2,660 per contract. 3. Sell Signal: Light Blue Box Entry Entry Trigger: During the U.S. session, the NASDAQ broke below the previous low of 21006. Although there was a notable rebound afterward, the price met its target. Observation: The candlesticks showed significant lower wicks, indicating strong attempts to hold support. Profit: $2,600 per contract for a 130-point range. Total Briefing Results: The maximum combined profit from these trades was $6,260 per contract, demonstrating the effectiveness of the strategy. Daily Chart Analysis The price tested but failed to sustain inside the Ichimoku Cloud, confirming a rebound at the lower boundary. The Lagging Span (Chikou Span) has now intersected with the candles, signaling a pivotal moment. Key Watch Point: Whether the Lagging Span finds support at the candles or falls below them will be critical for determining the next directional move. Trend and Market Structure The NASDAQ remains firmly within a descending channel. A repeated pattern has emerged: modest gains during the Asian and European sessions, followed by a bearish reversal during the U.S. session. Breakout Requirement: A breakout above the blue box at 21575 is essential for confirming a shift out of the current downtrend. Until this occurs, the channel’s movement will likely persist as the prevailing trend. Buy Opportunities Recommended Entry: A breakout above the black box zone and the horizontal resistance at 21360 is required for a valid buy signal. Why This Zone Matters: On the 4-hour chart, this level aligns with the 20 EMA, which has acted as a resistance during U.S. session pullbacks. Breaking above this level would signal renewed bullish momentum. TP: 21421 / 21456 / 21492 / 21523 / 21575 A move beyond 21575 would strongly indicate a potential trend reversal, providing room for further upside. Sell Opportunities Recommended Entry: A conservative sell entry would occur if the price breaks below 21120, a key support zone. Reasoning: The lack of clear support below this level increases the risk of rapid, one-way moves. Observing how the price reacts to this zone will be critical for managing risk. Targets: Initial target: 20984 (yesterday’s low). Below 20984: If this level fails, the downside potential becomes unpredictable and will depend on market momentum. Conclusion The NASDAQ is currently at a critical juncture, with clear opportunities for both bulls and bears: For Buyers: Focus on breakouts above 21360 and 21575, as these levels are pivotal for a potential trend reversal. For Sellers: Watch for breakdowns below 21120, with the potential for significant downside if 20984 is breached. While the market remains volatile, patience and precision in executing trades at key levels will be essential for success. Let’s stay disciplined and take advantage of the opportunities the market provides. 🚀
CME_MINI:NQ1!
by Greedy_allday