US NAS 100
Concentration of funds into the investment market is expectedHello?
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(NAS100USD chart)
It is showing a rise above the 12896.2-13418.8 section, which is the volume profile section of the 1W chart.
Therefore, if it rises above 13418.8 or rises above the 13231.6-13480.9 section on the 1D chart and shows support, it is expected to show a sharp rise.
If not, you need to make sure it is supported around 12716.0-12896.2.
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(SPX500USD chart)
You need to follow the rising channel to see if you can maintain the bullish trend.
Looking at the 1M chart, it shows an upward movement along the lower uptrend line.
As such, it is expected to remain in an uptrend as long as it does not fall below this uptrend line.
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(DXY chart)
If it shows sideways in the 98.244-101.494 section, the investment market is expected to be active.
Therefore, it is necessary to follow the downtrend and see if the downtrend can be maintained until around June 6th.
The investment market is not just the stock market.
Therefore, as funds are concentrated in any investment product, there is a possibility that it will lead to a sharp rise.
I think this concentration of funds is an abnormal phenomenon.
However, many funds are stagnant in an environment where it is difficult to invest in the actual economy, so if a concentration of funds occurs in these investment markets, it is expected that actual economic investment will eventually be gradually activated.
In that sense, we should pay attention to USDT's fund concentration phenomenon.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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NASFor now I'm neutral on NAS I will be looking at others such as SPX and US30.
we have taken yesterdays high and some intermediate SSL so one possibility could be to come back down I still see potential in the FVG left behind but for now there is just too much bullish momentum. we have a FVG above on the daily time frame so two possibilities.
1. Breaks structure to the down side targeting the gap below to then continue higher.
2. continues on a BULL run and targets gap above and possibly come back down to reprice or take highs above.
will continue to monitor as we move further this week looking to attempt my 2nd challenge this week.
Dollar bulls on the rise? (DXY)The American Dollar Index (DXY) appears to be forming a double bottom pattern similar to the one it formed in March 2022. This pattern is considered a bullish chart pattern that indicates a potential trend reversal from a downtrend to an uptrend. A breakout from this pattern could trigger a significant rally in the dollar, possibly up to the 110 price level.
However, this bullish outlook for the dollar could have implications for other markets, particularly the crypto and stock markets. Historically, the dollar and these markets have had an inverse relationship, where a strong dollar usually leads to a weaker performance in the crypto and stock markets. Therefore, if the dollar rally materializes, it could lead to end-of-year lows for these markets.
Traders and investors should monitor the DXY closely for any breakout signals from the double bottom pattern and adjust their trading strategies accordingly.
Nasdaq -> Bulls Are In ControlHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 is actually approaching a quite obvious previous weekly support/resistance zone at the $13,500 level which is now turned resistance once again.
You can also see that from a weekly perspective, market structure is extremely bullish, moving averages are also bullish and we just recently broke above and retested a previous weekly resistance which was then turned support so from a weekly perspective I simply do expect a deeper retest of the next resistance at the $13,500 before I then do expect a short term rejection towards the downside.
On the daily timeframe you can see that with today's candle, Nas100 is finally breaking above a previous daily strong resistance area so market structure is now bullish again - I am just waiting for a little bit more upside, then a retest of the previous resistance which is then turned support and then I do expect more continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
NAS100USD Will Move Higher! Buy!
Take a look at our analysis for NAS100USD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 13250.4.
The above observations make me that the market will inevitably achieve 13359.3 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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1hour Nas100On the 1hour chart of nas100, a ranging period is observed. The market has hit the range at 3 different points (2 at the top, 1 at the bottom). Before the bullish breakout is observed (refer to the link attached), the market will have to even out the number of times it has hit the range therefore the move in the range would be a bearish one.
24hr bullish Nas100A 'w' pattern formed which indicates a reversal in the trend (bearish) so we should be expecting a bullish move this week. It's also important to note that the retracement that always happen after a pattern has been formed have already happened so it is safe to open a position based on the daily chart. The expected tp is indicated by the rectangle.
NQ1! NAS100 NASDAQ 2023 MAY 08NQ scenario 4, rotational trade yielded 470pts from 3 trades.
Test and Reject/Accept setups consistently offers low risk trades.
NQ was in rotation for a month now.
Friday saw a low volume mark up, and could be trapping longs.
Previous scenario planning remains.
Given the rotation has progressed thus far, inexperienced traders should just wait.
CAPS FOR EMPHASIS-MY TENDENCY TO TRADE SCENARIO4 WILL NOW BE DIMINISHED.
Possible scenarios:
1) Market stuck in a 250pt range, wait till supply/demand is resolved
Then:
2) Breakout of upper boundary to test 13740 = long at support of upper boundary of range
3) Breakdown of lower boundary of range = Short on rejection of 12950
4) The longer the rotation, the riskier will be rotational trade.
Long on support between 12950-13040 | Short on rejection between 13350-13212
Volume Analysis:
Friday's mark up on average volume, with close away from the high, is weakness on the bar.
Price reaction levels:
Short on Test and Reject | Long on Test and Accept
14361 13740 13350
13316 12950 10710 - 11068
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Have a profitable trading week ahead.
*For educational purpose only.
US100 Index (NASDAQ): Your Trading Plan For Next Week
US100 index is trading in a bullish trend on a daily.
The price has formed a cup and handle patter approaching 13290 resistance.
The next bullish move will be confirmed after a breakout (daily candle close above) of the underlined
yellow area.
A bullish continuation will be expected to 13500 level then.
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NAS100 Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Activation of the investment market is...hello?
Traders, welcome.
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Please also click "Boost".
Have a good day.
** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.
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(NAS100USD chart)
The key is whether there is a movement outside the 12896.2-13418.8 section, which is an important volume profile section.
If it rises above 13231.6-13480.9, it is expected to continue its upward trend around 14710.6.
If not, and it falls below 12497.5-12716.0, I would expect a decline around 11366.9-12119.2.
The important thing is that it is maintaining an uptrend along the uptrend channel plotted on the 1D and 1W charts.
However, since the 1M chart has not yet formed an upward channel, it is necessary to check the situation in the future.
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(SPX500USD chart)
The key is whether you can maintain the uptrend along the rising channel drawn on each chart.
If it fails to do so and starts to break out of the uptrend channel one by one, it is likely to lead to a sharp decline.
If it shows an uptrend along the rising channel, I would expect it to rise above 4310.8.
Since the 1M chart's HA-High indicator is formed at 4419.8, you need to check whether it can rise above the 4252.2-4310.8 section.
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(DXY chart)
The question is whether it can move sideways below 101.494.
If it does not, and rises above 102.020-105.873, the investment market is expected to slow further.
If it moves sideways in the 98.244-101.494 section, the investment market is expected to be active.
The activation of these investment markets means that there is a high possibility of showing results different from the actual economic situation.
Therefore, it is not good to predict the prospects of the investment market, that is, the coin market, based only on the current global economic situation.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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Nasdaq -> Short Squeeze ComingHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 just recently perfectly broke above and with last week's candle already retested and rejected a quite obvious previous weekly resistance area at the HKEX:12 ,800 level.
You can also see that as we are speaking, Nas100 is approaching the next major weekly structure area at the HKEX:13 ,600 level which was acting as quite strong resistance in the past, so from a weekly perspective I am now just waiting for another rally to retest the next resistance before I then do expect a short term correction towards the downside.
On the daily timeframe you can see that with Friday's candle, the Nasdaq perfectly broke and closed above a previous daily resistance area at the HKEX:13 ,100 level - all of this previous resistance is now turned support so I am just waiting for a retest and bullish confirmation before I then do expect another impulse towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
NASlast post I mentioned the daily FVG and it did just that.
too bad I missed it but I was not trying to jump into a trade on my first day of second phase.
we are looking at D time frame FVG getting tapped and midnight now seems like a fake break low might tap to higher FVG left from market change.
from there if it respects order flow down im looking at sells to 50 % of the move from Thursday.
see you guys in the morning .