US NAS 100
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.
-------------------------------------
(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.
---------------------------------------
(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.
---------------------------------------------
(DXY chart)
If it rises above the 104.738-105.873 range, the investment market is likely to enter a downturn.
-------------------------------------------------- -------------------------------------------
** 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.)
---------------------------------
Nasdaq -> The Time Has ComeHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Nas100 is currently retesting a quite obvious weekly previous resistance area which is now turned very strong weekly support.
In confluence with a recent trendline breakout and also a bullish ema-crossover I do expect at least a short term rejection away from this quite important weekly structure zone.
On the daily timeframe we are also now retesting a previous daily support area which is turned support again, so if we get some more bullish confirmation it is quite likely that we will see at least a short term rejection towards the upside from here.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Look for sell opportunity on NAS100!This coming week, we anticipate NAS100 to further weaken. Technically, the index did not succeed to push price higher, instead it printed relative equal highs which suggest weaknesses. Bears succeeded to break below the 12200 and 12000 psychological levels which also acted as support. There is high chance that we could see NAS100 continue declining.
We will be monitoring price for possible short positions with two targets in mind, 110807.36 and 11458.89.
Traders, if you find this idea helpful please be kind to show your support with likes.
Marlo's Going To Hell NQ Swing Strategy I know it's so simple you can't believe it! Is it magic? Is the Devil running the Stock Market!?!
Nope, what you're seeing is the all-pervasive 50% Principle in action!
www.investopedia.com
"It states that if an asset drops after a price increase, it will lose between 50% and 67% of recent price gains before rebounding. "
So over any given range, the retrace will test the thirds for support and resistance. NQ counts in the thousands so xx666.00! You'll see similar across smaller TFs and ranges as well using 33.34% and 66.67% retraces.
depends on whether it is maintained above 12119.2 after March 1Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(NAS100USD chart)
(1D chart)
The key is whether the price can sustain it by moving above the uptrend line (1) and above 12119.2.
If the price is maintained above the M-Signal indicator of the 1W chart and above HA-High, it is expected to continue its mid- to long-term upward trend.
If it doesn't, it's likely to drop down to section 3.
---------------------------------------------
(DXY chart)
We need to see if there is movement out of the 103.494-104.738 interval.
If it rises above 104.738-105.873, the investment market is likely to enter a recession.
A drop below 101.494 is expected to boost the investment market.
-------------------------------------------------- ---
(SPX500USD chart)
The 4000.0 point is the point where the M-Signal of the 1M chart and the M-Signal of the 1W chart pass.
Therefore, if the price holds above this point, it is expected to move up along the uptrend channel.
If not, I expect it to fall below 3931.2.
However, as long as it does not break out of the uptrend, it is expected to maintain its uptrend.
-------------------------------------------------- -------------------------------------------
** 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.)
---------------------------------
Marlo's Going To Hell NQ Strategy I know it's so simple you can't believe it! Is it magic? Is the Devil running the Stock Market!?!
Nope, what you're seeing is the all-pervasive 50% Principle in action!
www.investopedia.com
"It states that if an asset drops after a price increase, it will lose between 50% and 67% of recent price gains before rebounding. "
So over any given range, the retrace will test the thirds for support and resistance. Nq counts in the thousands so xx666.00
Nasdaq leads drop as hawkish Fed bets riseAlready on the ascendency, bond yields and the dollar both gained further ground which sent stocks plunging along with gold, copper and Bitcoin. The Nasdaq 100 was down more than 2% at one point earlier, before bouncing off its worst levels at the time of writing.
Ironically, sentiment has taken a hit thanks to the release of strong US economic data. The unexpected rise in the Fed’s favourite measure of inflation (Core PCE Price Index) we saw earlier in the day was matched by stronger personal spending and new home sales data, while the UoM’s consumer sentiment survey was revised higher.
Today’s data releases have been in line with the recent trend, all helping to fuel speculation that the Fed's terminal interest rate could be higher than expected.
Against this backdrop, investors are not keen to hold onto assets that pay low, or no interest or dividend compared to government debt.
The Nasdaq might stage a bit of a recovery from around its 200-day average, but it now faces lots of overhead resistance. The 12000 level is now the most important barrier that the bulls will want to reclaim and the bears defend. Previously support, it could turn into resistance moving forward.
Beginning of volatility (until February 21)Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(NAS100USD chart)
(1D chart)
The first start of the volatility period mentioned on the BTC chart is on the NAS100USD chart.
Therefore, during the volatility period until February 21st, it is necessary to check whether there can be a movement out of section 2 and section 1.
------------------------------------------
(DXY chart)
The question is whether it can continue the trend by breaking out of the 103.494-104.738 zone.
-----------------------------------------
(SPX500USD chart)
The HA-High indicator on the 1W chart is falling and is about to be created.
Therefore, I think it is highly likely that depending on where the candle closes this week, it will determine whether the mid- to long-term uptrend can continue or whether it will show a downtrend.
-------------------------------------------------- -------------------------------------------
** 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.)
---------------------------------
5-3-5 or 3-3-5 corrective? It appears we have a 5-3-5 "zig zag" corrective wave down to the QE-era trendlines .( TLs ) The idea is invalid if it breaks out of the pitchfork trigger line. There are only 3 types of corrective waves, 5-3-5, 3-3-5 & 3-3-3-3-3. Since this correction started with a 5 wave down it should follow the 5-3-5 pattern.
However, there's also a decent chance the 3 wave is the first leg of a 3-3-5 "flat" corrective wave. Still a short here for 3 waves down at least. Plotted some scenarios in yellow. 3-3-5 would obey the inside pitchfork more, which will be watched closely near the fibs and bottom.
Technical Analysis:
We've had 3 weeks of resistance and failed the YTD daily chart bull TL. Volume dropped off sharply near the top indicating reversal. Weekly Stoch is rolling over. Failed the daily linear regression curve shown in orange. Anytime it crosses under the reg curve seems to be a safe short swing for 2+ weeks out. Sometimes it chops sideways for a week or so after first crossing under from a bull run. However, during the bear market it has always continued further down after first break. If it does violate this trend, then it's an indication the bear market really is over.
Fundamental analysis:
-DXY had a healthy bounce off the 50% retrace and broke the bear trend. It's looking to test 110 next. It's been 5 months of selling, mostly exacerbated by $80T in FX swaps that got trapped and capitulated. That's mostly settled now.
-Oil and NG both seem to have made support near trend lows. Oil's 20+yr fork median is around $70 and it's been ranging 70-80. NG is under it's 33yr POC of $2.57 and under the years long VAL. Both look like good investments. near the bottom of the current ranges.
-Some food commodities are still rising in price YTD, such as: eggs and egg products; coffee ; cocoa , & sugar
-Housing prices have dropped over 10% since the Summer and it could snowball into a bigger problem that forces people to finance at higher rates. Mortgage Backed Securities look like they're taking another leg down. Meanwhile personal Savings are near all-time lows and credit card delinquency is nearing ATHs. Along with slowing growth, layoffs and poor guidance; it sure sounds like a recession!
-CPI from the previous month was revised up then both CPI and PPI came in hot. Then Bullard mentioned 50bps rates still being on the table, which would indicate a misstep and panic on the Fed's part if that happens. The market currently has the terminal rate of 5.25% priced in, but that obviously isn't happening anymore. I would expect 6% terminal rate if they keep 25bps hikes extended or 7% if they go back to 50bps.
As the market slowly realizes the light at the end of the tunnel is much further away, they will panic and finally capitulate. It most likely bottoms around Sept Trip Witch if we get 50bps. Maybe late spring early Summer if just a few 25bps extensions.