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Nas100idea

Nasdaq 100- Start of correction? My first target is 14kNasdaq has started the year very badly, putting in a strong bearish candle on our weekly chart. This along with the last week's pin bar and the previous candle completes an Evening Start pattern which can give as the idea of down continuation. At this moment the price sits on confluence support given by the ascending channel's trend line and the horizontal support and a break here would be very bearish for the index. My target for short trades is 14k zone and sell rallies is my preferred strategy. Only a new ATH would change my bearish opinion
OANDA:NAS100USDShort
by Mihai_Iacob
21
NASDAQ: Trend Remains Strong Even as Shadows PersistA high of nearly 16,668.00 was attained in trading yesterday for the NASDAQ 100, but a reversal lower towards the end of the day was exhibited, perhaps as a result of nervous sentiment being stirred by data regarding coronavirus in the US. As of this morning’s trading, the index is near the 16.555.0 mark and has actually gained a bit on the futures market after touching a low of approximately 16.475.0 late yesterday. The long-term trend of the NASDAQ and its major index counterparts remain like a train often headed in one direction. Certainly there are nervous traders who have skeptical opinions about the ability of the NASDAQ to continue an upwards path without suffering a sizeable setback at some duration. However, betting against a sudden reversal lower remains a problematic wager. Short-term technical traders can certainly sell the NASDAQ based on their perceptions, but it is dangerous. Traders also need to strongly consider that holiday trading is ruling the indices currently, including the NASDAQ 100. Volumes will remain lower than normal until after the New Year has begun, and even early next week transactions should be anticipated to be rather weak. However, this doesn’t mean results will be boring, and traders should expect volatility near term. As numbers are reported regarding coronavirus in the US and the higher than expected infection rate, conditions could become rather turbulent as traders participating in the market react to ‘noise’ short term. Speculators should expect some volatility today as reactions continue to be demonstrated via nervous sentiment. However, traders with a strong heart may look for reversals lower which come within sight of support levels as an opportunity to look for upside action. The NASDAQ was trading near an all-time high of nearly 16,775.0 on the 22nd of November and the index remains within shouting distance of this level. Short-term conditions may remain choppy for the NASDAQ 100. Traders who have the courage to sell the index when they feel it has been overbought are free to wager, but they should use their stop loss orders with discipline. Speculators who believe the NASDAQ still has room to traverse higher in the near term may want to practice caution as they wager on higher moves, but their conviction about the upwards trend remaining intact may prove to be correct. NASDAQ Short-Term Outlook Current Resistance: 16,590.0 Current Support: 16498.0 High Target: 16,650.0 Low Target: 16319.0
OANDA:NAS100USDLong
by SmoothJB
Do not miss this buy opportunity on Nas100Nas100 reached a very significant level. We saw price getting rejected last week the 6th of November 2021 and bounced up strongly from this level. This week price reversed sharply to this level. Now we see price rejecting this level and momentum building up to the upside. 🔹Buy Entries can be opened at 14882.45 🔹Stop Loss at 15614.12 🔹First Target at 16130.30 🔹Second Target at 16286.23 🔹Third Target at 16390.18 Please calculate your risk wisely and follow your trading plan. Please move stop loss on entry level once in profit to prevent risk. All the best!
FX:NAS100Long
by Forexintelligence_NA
6
Nas100 ANALYZEHi, The graph showed the importance of February and September. It looks like a rising flag graphic. We'll see. Most things are clear in the chart, I also used fibonacci. We will carefully monitor February and March 16. You can support by liking it. . . . Investment information, comments and recommendations contained herein are not within the scope of investment consultancy. Investment consultancy service is offered individually, taking into account the risk and return preferences of individuals. The content, comments and recommendations contained herein are in no way guiding, but are of a general nature. These recommendations may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations.
BLACKBULL:NAS100
by stephbertalse
NASDAQ 100 Forecast: Index Pulls Back From Same LevelThe NASDAQ has broken down a bit during the trading session on Thursday to break towards the 16,150 level. Furthermore, the market continues to see plenty of resistance near the 16,500 level, showing us just how much trouble there is in that vicinity. The NASDAQ has been underperforming as of late, and the fact that we could not break out should not be a huge surprise. I think at this point in time it is more likely than not that we will see the market may be pullback to try to find a bit of support. The 50 day EMA sits at the 15,850 level, which is an area that had been important in the past, and of course the 50 day EMA is starting to rise a bit. We also have to pay attention to the uptrend line just underneath, which has been important since the beginning of October. The market continues to move on just a handful of stocks as per usual, including Tesla, Microsoft, and Amazon. If although stocks rally, that will send this market to the upside. On the other hand, if those stocks continue to have issues, then it is likely that we will continue to see this market fall apart. The market continues to see a lot of noisy behavior and that will unfortunately only get worse as we head towards the end of the year. With the lack of liquidity, stock markets tend to make sudden moves as traders are closing out their books for the year. Furthermore, we also have people out there trying to chase trades in order to pick up significant gains to paid their returns for clients. If you have missed your benchmark at this point, then it is likely that we could continue to see people like that jumping in. If we were to break down below the 15,500 level, then it is likely that we could go looking towards the 15,000 underneath and test the 200 day EMA. Whether or not this is a topping pattern is a completely different situation, but I do not think that is the case. I think we are simply looking at more volatility going forward. The 16,767.50 level is an area that people are going to have to pay close attention to, as it is the all-time high. If we can break that, the NASDAQ 100 will rip to the upside.
OANDA:NAS100USDLong
by SmoothJB
Nas100 Entries + ExitsIgnore red entry for now since I posted this chart late! The ENTRY/TP zones are your entries as well as your exits. Everything above the current candlestick is resistance, you would treat every zone above as a sell/potential buy break. Everything below the current candlestick is support, which you would then treat every zone below as a buy/potential sell break if it hits the pip rule. More info on the strategy and how to play it: How To Play The Chart Entries/Exits: Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 35 pips then enter the buy and ride to TP1. Each TP is a support or resistance zone , so you could then even take a sell after TP1 for the buys have been hit and if it breaks out then just repeat. All likes/comments and feedback are very much appreciated! Thank you to all of those who support me on a weekly basis, it really does mean a ton to me!
OANDA:NAS100USD
by ExclusivelyFX
3
Nas100: Bearish momentum is not overOn a high timeframe, we see a rising channel and the support of this channel isn't reached yet. The coming days we could still see bearish pressure, with bears targeting the support of this rising channel. On top of that, the past days I noted out the bearish setups that were being printed, one of that was the head and shoulders pattern. I stated that if the support or neckline of this head and shoulders get violated, we could still see Nas100 struggling to rise and the bearish momentum could go on and Nas100 might find bottom around 15200.00 and 15400.00. Congratulations to everyone that keep on following. The main purpose here is to trade when the edge is on our side. Never should we make thoughtless decisions and the burning edge just to be in the market. We can rock, if we only wait for price to tell us what to do. Let's meet next week. Please do not forget to like, share idea and share your opinion in the comment section below.
FX:NAS100Short
by Forexintelligence_NA
7
Nas100 is printing bearish setups with Head and Shoulders Friends, let's take a look at the technically aspect of Nas100. From my previous analysis I mentioned of the broadening wedge that needed completion. The overall idea is Nas100 is printing quite a number of bearish setups. With the broadening wedge, there's high probability that price will be pushed to the downside and this will act as a continuation of price to the downside. We are already seeing bulls power getting diminished as they cannot be able to reach to the previous high around 16775.00 and price keeps on being rejected several times at 16400.00. If we also take a closer look, we see that the current market structure is about to reveal a head and shoulders pattern. At this point bears are targeting and eyeing level 16000.00. A complete violation of this level we will expect further downward momentum which will also trigger the head and shoulders pattern to be completed and violated. Please keep in mind of these important levels: 16400.00 is now acting as resistance , a complete break above this level bulls will take the victory to the upside. Meanwhile, 16000.00 is acting as support , bears completely violating this level to the downside will send price lower to at least 15700-15800. Nonetheless, my bias at the moment is bearish. Friends, do not forget to show your support with likes if you enjoy my ideas. Do make sure to follow me if you would like to get new updates. Take note that any trading decisions you take from this idea should be at your own discretion. This is not a trading signal, rather it should be a mere opinion of what I think price is about to do. 💡 Previous Forecast 💰 Outcome of the Previous Forecast 💡 New Forecast based on the broadening wedge formation
FX:NAS100Short
by Forexintelligence_NA
7
Nasdaq100 is targeting 16300 ahead of FOMC rate decisionNasdaq100 is targeting 16300 ahead of FOMC rate decision later today 🔍 Technical expectations: 🔹Bulls successfully violated the September 2021 high and for sure Nas100 is extending to 16300.00 psychological level which is also the high timeframe resistance of the rising channel. 🔹More to this, bulls will strongly defend the violated September 2021 high and it will take another big battle for bears to push price down below 15700.00 🔹As price is send to the resistance of the rising channel, we can expect more bearish pressure to the downside which will in turn challenge the September 2021 high at 15700.00 psychological level. ❗️Take note: Do not take my idea as a general advice or signal and act upon it without your own analysis. I encourage you to follow me that when I post new updates you get informed of this. Please support this idea with a like and feel free to share your thoughts and opinions in the comment section below 👍 Many wishes and trade smart!
FX:NAS100Long
by Forexintelligence_NA
2
Nas100 is targeting the August/September highFor sure Nas100 is headed to the Resistance of the rising channel but before it reaches there here is what we can expect. 🔍 Technical expectations: 🔹Currently Nas100 is forming a broadening wedge which is about to be completed to the top. 🔹A break to the top of the wedge will push price to the August/September 2021 high where price will consolidate for a while or pushed a bit down for a slight correction. 🔹A complete violation of August/September high will set Nas100 for a new record high which of course will send price to the Resistance of the channel. ❗️Take note: Do not take my idea as a general advice or signal and act upon it without your own analysis. I encourage you to follow me so that when I post new updates you get informed of this. Please support this idea with a like and feel free to share your thoughts and opinions in the comment section below 👍 Many wishes and trade smart!
FX:NAS100Long
by Forexintelligence_NA
5
Nas100 is on a critical level more bull power is neededNasdaq100 is on a critical level. 15400 have to be violated completely to the upside for further gain. 🔍 Two scenarios expectations: 🔹A successful violation of 15400-15450 will send price higher and the next stop will be the September 2021 high. 🔹On the other hand, bears pushing price below 15300.00 will send price down closer to 15000 which is the 50% Fibonacci level. 🔹The violation of 15400 for a further bull run is more likely 🤗What do you think? Please comment below🤔 Please support this idea with a like 👍 Many wishes!
FX:NAS100
by Forexintelligence_NA
1
NAS100...When will it need a refill???After NAS100 extension it paused and retraced a bit but not closing below the 23%mark. thus not a consolidation but more of a price pause continuation. After another extension the fibs have been adjusted and more liquidity zones have been created that future price might be attracted to. if we pause and start to retrace the 15400.00 level will be an area to watch for further retracement or continuation in the main trend direction. will be keeping and eye for stalling out to seek liquidity to the downside and create some nice entry opportunities...
OANDA:NAS100USD
by NANNTERRA