Nas100signal
Nasdaq Analysis 03.01.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
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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
NAS100USD - Rally with SantaA short summary what's happening in the stock market - as I haven't posted for a while.
2021.10.04. - an intermediate low was printed
2021.10.04-2021.11.22 we had our first daily cycle : it topped at 16.775
2021.12.03 first daily cycle low in this intermediate cycle at 15.550
So right now we are in the second daily cycle in this IC .
The challenge is to break 16.466. Today we tried and failed but I don't think the second daily cycle topped and we are going to crash.
I'm buying here to sell later at the top of the second daily cycle close to 18.000.
Yesterday the FED said what the market wanted to hear. What you see today is volatility after the FED meeting but I don't see any change in the direction. This is just an entry for those banks who missed yesterday's low.
The Fibonacci 61,8% retracement a good place to enter the 2nd daily cycle rally:
NAS100 LONG 450 PIPShigher time frames we are at support and when we look at lower time frames we are also breaking structure and trendlnes and techincaly this
trade has to play out.. all the technicals align perfectly with Amazing risk to reward setup
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!
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.
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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.
Nas100: investors reaction will confirm its directionNas100 direction is quite complicated at the moment. We can only wait to see how investors will react as price is currently on a very strong support level. Even though there's no much clue of it's direction, I have noted some technical signs which might send price up. The past week we saw very strong impulse to the downside, which eventually was supported by the 50 moving average and below it is the 100 moving average. Price bounced up very strongly from the 50 moving average where price rallied up strongly with almost 6%. This rally was strong that to me it shows a sign of bullish momentum.
Taking a closer look at the lower timeframe analysis, we do also see that it retraced down to a significant level which is not only offering as a solid support level but also a 38.2% fibonacci level. This level is known as an institutional level. We should not be surprised if we see a strong rejection on this level and price being pushed higher.
On the other hand, a complete violation of this level to the downside, the only levels we should carefully scrutinise Nas100 is on the 50% and 61.8% Fib Level.
I will only wait for good confirmation around this levels to give me good signs for buy opportunities with first target of 16400 and second target of 16757.
Traders, I strongly advice that you make your own analysis before making any investment decisions. What you do from my idea should be from your own discretion and responsibility should be taken by yourself for whatever result springs from your own action.
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Wishing everyone success in trading.
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.
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.
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NAS100 is bullish with some good tradesMarkets have been very volatile but there are some good short-term moves if you can keep a track of the support and resistance levels. We have used Aspen Trading Support & Resistance Levels.
Solid move from 16170 in NAS100 at the support level . This has been a very strong support level over the past few weeks.
We have taken trade from the support level and sold at the resistance level of 16378 to gain +208 points.
Note - Aspen Trading S/R levels are invite only. They can be accessed through my profile information.
Disclaimer: This analysis is for information purpose only and does not constitute any investment advice.
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.
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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
Nas100 might rise to 16400 to complete the wedgeWe should expect further consolidations between 16000 and 16400 to complete the broadening wedge. There's high possibility that Nas100 will rise to complete the broadening wedge formation to the top side. A break above the wedge will attract more buying pressure and send price higher to 17000.00 and on the other hand, failure for bulls to break above the wedge, will attract more selling pressure and Nas100 will remain vulnerable to more weaknesses.
We should continue to monitor price and further developments while being vigilant with our positioning, following a very good trading plan.
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SOLOMON NUMBER of US100 (NASDAQ)The Solomon Number of US100 is: 16390
Instructions:
A- Every DECREASE in price is an opportunity to BUY. The Target is Solomon Number 16390.
B- Once the Solomon Number is touched the analysis is no longer valid to enter OR take long again.
D- Apply proper risk management according to your balance.
1st long entry@ now
2nd long entry@ 16045
3rd long entry@ 16000
4th long entry@15880
TP@ 16390
Do not miss this Nas100 buy opportunity Congratulations to everyone that followed my previous sell idea. We saw a very strong drop on Nas100 the past 2 days, dropping with at least 3.80%. Looking at the technically aspect and market structure, we see that Nas100 has printed highs and lows which these Structures still holds. I expect bulls to push price above the November 2021 high and there I expect price to find support. A rise above 16400.00 will attract more buyers and price will be send higher targeting 17000 as the new high. Bears will have a struggle to fully violate the November 2021 high and the low.
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US100 Bullish CorrectionBroke out of a falling channel, waiting for retest on the 15 minute and then a test of that first resistance.
Follow me for more call outs> Make sure you do your own research and analysis and don't just take my word for it.
I am wrong often. Make sure you put a stop in, and set your own target and only risk 5% or less.
You can have less than a 50 percent win rating and still be successful as long as you make your winners bigger than your losers and follow your own trading rules. Good luck.
Nas100 a healthy correction should be expectedNas100 is currently forming a rising wedge. I expect price to rise a bit up to complete this pattern. If bears defend the top of this wedge and push price down, we can expect strong bearish momentum that will push price down.
For clear bearish confirmation, we should wait for the wedge to be violated to the bottom. If this happens then bears will focus the rising trendline at around 16535.00.
We only take the short orders if the rising wedge play out, otherwise we can also expect bulls continuing to push price higher if the wedge is violated to the top side.
Please do your own analysis and follow your own trading plan.
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NAS100USDThe NASDAQ 100 has rallied significantly during the trading session on Thursday to make all-time highs yet again, so at this point in time it looks like we are ready to continue rallying, and with that being the case it is very likely that we continue to find reasons to get long yet again. We have formed a massive bullish flag, and therefore I do not have any interest in trying to short this market. The length of the flag suggests that we could go looking towards the 18,000 level, but that obviously is a longer-term target.
Looking at this chart, I believe the 16,000 level will offer a significant amount of support, especially as the 50 day EMA is starting to race towards it. All things been equal, there is only a handful of stocks that move this market, and those are all the ones that everybody loves. Because of this, I think this is a market that will eventually find its way much higher, and therefore it is possible that we have to watch just a handful of “Wall Street darlings” such as Tesla, Microsoft, and the like. With this being the case, the very likely that we continue to see buyers on dips, and that is how I think we will eventually get much higher.
As we are getting ready to go through the “Santa Claus rally”, it is likely that we continue to see a line of chasing. As long as the markets are getting ready to see a lot of money flowing into it, it makes a certain amount of sense that we continue to go higher. The bullish flag itself is well known and almost everybody in the markets can see it. In fact, I do not have a scenario in which a willing to short this market, but if we were to break down below the 15,000 level, then I might be able to buy puts at that point. Nonetheless, this is a market that looks very strong, and I think it will lead the way when it comes to indices in the US. Ultimately, we will continue to see plenty of momentum here, especially as we have closed towards the very top of the range, which typically means that you are going to see quite a bit of follow-through.
NAS SWING SELL BIG DROPLooking to short nasdaq off the 30min POI/orderblock.
We have come up to test the high and showed strong rejection leading me to believe nas will drop.
Potential target zones are highlighted in green.
DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose. Trading live carries risk and you may make money or lose some or all of your capital. I am not liable for any gains or losses made
NAS SELL LIMITLooking for a reentry on nas100 and shorting it down.
Price created a 1hr orderblock and looking for price to play into that and drop down to an overall swing target of 15700.
DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose. Trading live carries risk and you may make money or lose some or all of your capital. I am not liable for any gains or losses made
