US NAS 100
Looking for NASDAQ dips.NASDAQ - Intraday - We look to Buy at 12031 (stop at 11951)
Continued downward momentum from 12455 resulted in the pair posting net daily losses yesterday.
Buying posted in Asia.
Intraday, and we are between bespoke support and resistance 12021-12238.
We are trading at oversold extremes.
Dips continue to attract buyers.
Our profit targets will be 12231 and 12271
Resistance: 12238 / 12417 / 12453
Support: 12021 / 11939 / 11900
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The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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Dow Jones Index (US30): Key Levels to Watch This Week
Here is my latest structure analysis for US30 Index.
Support 1: 32470 - 32650 area
Support 2: 31700 - 31975 area
Resistance 1: 33475 - 33660 area
Resistance 2: 34300 - 34500 area
Resistance 3: 34820 - 34900 area
Vertical Resistance 1: major rising trend line.
Currently, the market is approaching a confluence zone based on Vertical & Horizontal Resistance 1.
Probabilities will be high to see a pullback from there.
Consider the underlined structures for pullback/breakout trading.
❤️Please, support my work with like, thank you!❤️
NAS100 bullish bias. Bulls target 12740NAS100 is moving within a larger falling wedge pattern. Higher timeframe bias is extremely bullish. Bulls are now eyeing the resistance of the falling wedge. I expect price to keep on increasing and eventually breakout of the falling wedge and continue rising to 12740.
Traders, if you find this idea helpful please be kind to leave a like.
All the best for this week.
NAS100USD ShortThe price touched the lower trend line of the falling channel and I am convinced the price is building a bearish momentum.
My entry price is 11800, just lower than the current lower low, and I have used pullback strategy to place my entry position.
My stop loss is at 12000, just above the current resistance zone. I am targeting a 1:3 R:R , so I will place my target at 11800.
Remember, only risk 1 - 2% of your account!
NASDAQ - Elliott Wave BreakdownNasdaq has been really clean recently. Every move has made sense and now we have another trade setup for you with a clear invalidation level.
We can see that we're in lower degree 3rd wave impulse and we're in subwave 1, which appears to be a leading diagonal. Right now we're working within a channel but there's a chance it may turn into an expanding diagonal, which is why using the completion of subwave 2 as invalidation level works really well!
Trade Idea:
- Watch for subwave 4 of the leading diagonal to complete
- Price should stay below the completion of subwave 2 = invalidation level
- Look for bearish price action or lower timeframe trendline break for entry
- Targets: 11800 (600pips), taper positions off thereafter
Goodluck and as always, trade safe!
Nasdaq -> Please Listen To MeHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
From a weekly perspective, the Nasdaq in my opinion looks extremely bullish. We just created a double bottom with a break above the neckline and last week we already started the continuation towards the upside.
We are also having a bullish weekly ema crossover, all things pointing towards the beginning of the next bullmarket so on the weekly timeframe I just expect the continuation towards the upside.
On the daily timeframe we are currently retesting previous support which is now turned resistance so I am now just waiting for a break and retest of the resistance area which is then turned support and then the continuation towards the upside looks extremely likely, also from a daily perspective.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
nas100 bullish??Nas100 setup... Expecting the market to give a bit of reversal and then continue with bullish movement till price level 12520..resistance which one can be unbiased... Only after the marker breakout that level(trendline) and confirms we can anticipate the next buy entry till price level 13194
Need to confirm support around 11988.2Hello?
Traders, welcome.
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Please also click "Boost".
Have a good day.
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(NAS100USD chart)
We need to see if we can find support at 11988.2 and rise above 12119.2 in the volatility period until March 2nd.
If it fails to find support near 11988.2, I would expect it to fall towards section 3, 11366.9-11578.2.
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(DXY chart)
If it rises above the 104.738-105.873 range, the investment market is likely to enter a recession.
Therefore, it should drop to or below the 102.020-103.494 range.
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(SPX500USD chart)
The key is whether it can get support around 3931.2 and move up along the uptrend line.
If not, I expect it to fall around 3854.4.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
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NASDAQ Next Move Pair : US100 - NASDAQ
Description :
Bearish Channel as a Corrective Pattern in Long Time and A Breakout of the Upper Trend Line
Divergence
Break of Structure
Rejecting from the Demand Zone and Retracement Completed
Completed " 12345 " Impulsive Wave and Making its " A - wxyxz " Corrective Wave
NAS100 | A rise and then fall to 12021.50| ShortNAS100 is aiming for liquidity above 12158.09 and then fall to 12021.50. As mentioned in our previous idea, NAS100 bias is bullish on higher timeframe. A violation of 12158.09 will imply that buyers have gained control of this market and NAS100 will switch bullish on lower timeframe to align with the higher timeframe trend. If it cross above 12158.09 today, for me that would only grab liquidity and fall to 12021.50. Because the market is closing today for the weekend we are interested to see bullish momentum unfolding as from next week.
We will be monitoring price if it can fulfill these few things for clear confirmation for us to be able to engage in this market as from next week.
If you guys find this helpful, please do support this idea with likes.
Do also comment below as to what you think will happen to NAS100 as from next week.
NAS100 long from demand zone to 12000!The index made a strong bearish pull back into 11810 demand zone from the February 2023 high. Overall bias is still bullish, from the demand zone I anticipate a short term increase to 12000.
Please do support this idea with likes if you find this helpful.
US100 NASDAQ Technical Analysis and Trade IdeaIn this video, we take a look the US100 NASDAQ and observe that it has currently traded up to a crucial resistance level. Below that, there is a significant price gap and sell-side liquidity in the form of stop losses, which SmartMoney could potentially target. During the video, we delve into trend analysis, price action, market structure, price gaps, and touch on a potential trade opportunity. Please note that everything discussed in the video is purely for educational purposes and should not be construed as financial advice.
Nas100 ( update )Earlier on I shared this trade idea on the demand zone which help up the entire day . I'm to see market is preparing a bullish reversal for us to take long positions
where is Ger30 going ???here is my unbiased Germant30 setup.. which I am waiting for confirmation before taking the trades
NAS 100After breaking the trend line with a higher slope and breaking the resistance of the B pattern in the range of 12246, it touched two targets in the range of 12052 and 11898. Currently, to reach the third target of D3-11631, the resistance of D2-11898 must be broken.
In general, the trend can decrease to the range of the trend line with a low slope. But the conclusion after the above 3 targets is the best option ahead.
Reasons to be supported by 11988.2Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(NAS100USD chart)
The HA-High indicator of the 1W chart was created at 11988.2 point.
Therefore, it is important to find support around 11988.2 and be able to rise.
This is because if the price is maintained above 11988.2, it is likely to continue its mid- to long-term uptrend.
If not, you need to make sure it is supported in section 3.
The next period of volatility is around March 1st.
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(SPX500USD chart)
The key is whether you can rise above 4000.
If not, you should check if it finds support around 3931.2 and moves up along the uptrend line.
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(DXY chart)
If it rises above the 104.738-105.873 range, the investment market is likely to enter a downturn.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at ().
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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