Major Sectors that may influence US Markets this week!Health Care
Following an extended consolidation phase from December 2021 to August 2024, the healthcare index has developed an Inverted Head & Shoulder pattern.
With a recent breakout, the index is now set to experience significant upward momentum.
Industrials
Similar to the healthcare index, the industrials sector has also established an Inverted Head & Shoulder pattern. Following its breakout, this index has shown positive movement.
With a recent breakout from a brief consolidation phase, the index is ready to climb once more.
Financials
The financial sector plays a vital role in the US stock market. Recently, the financial index experienced a robust breakout after a lengthy consolidation phase, indicating that this sector could enhance the overall US market.
Real Estate
The real estate sector has faced challenges for a considerable time, with the index suffering a significant downturn. However, following a recent breakthrough, the index is making progress toward recovery.
Nasdaq
Nasdaq - Stock market in September!In the 4H timeframe, the index is above EMA200 and EMA50 and is trading below the level of 20,000
If the index continues to rise towards the specified supply range, which also intersects with the weekly pivot of the index, we can look for sell positions in the Nasdaq index
A valid failure of the specified support range will pave the way for the index to go down to 19,000!
Sunrun (RUN) AnalysisCompany Overview: Sunrun is a leading U.S. residential solar energy company, providing solar panel installations and energy services across the country. The company's focus on sustainable energy solutions positions it to capitalize on the growing shift toward clean energy adoption.
Key Catalysts:
Rate-Cutting Cycle: A potential rate-cutting cycle by the Federal Reserve could make solar financing more affordable, increasing the economic appeal of residential solar projects. Lower interest rates would reduce borrowing costs for consumers, making Sunrun's solar installations more accessible and boosting sales.
Trade Policies: U.S. Treasury Secretary Janet Yellen's scrutiny of China's market practices, particularly regarding solar products, could mitigate low-cost competition from Chinese manufacturers. This would benefit domestic companies like Sunrun by leveling the playing field and potentially driving higher demand for U.S.-installed solar systems.
Federal Subsidies: Sunrun is well-positioned to benefit from federal clean energy subsidies provided by the Inflation Reduction Act (IRA). These subsidies are expected to reduce Sunrun's operating expenses and enhance profitability by offsetting costs associated with installations and energy storage solutions.
Investment Outlook: Bullish Outlook: We are bullish on NASDAQ:RUN if it holds above the $17.50-$18.00 range. Upside Potential: The upside target for Sunrun is set at $29.00-$30.00, driven by favorable interest rate conditions, supportive trade policies, and federal clean energy subsidies.
☀️ Sunrun—ready to shine with rate cuts, trade advantages, and clean energy subsidies! #RUN #SolarEnergy 🚀🌱
Nasdaq thoughts 02-Sept-2024Happy New Month all, Kindly see my NASDAQ thoughts for today. These videos are aimed at making you compare charts with mine if you are a price acton trader and use my thoughts to improve your skill. They are not meant as signals even if they seem like they are. I want you to learn and be great
The W1DOW maker is looming. BEAR MARKET watch.
Look at that August Monthly hammer candle after the Yen carry trade wobble.
The Global Dow jones index is at an all time new high
This rise is BASED on a wall of #FIAT capital that has been clicked and borrowed into existence.
And speculation of an AI revolution
But Money creation is not wealth creation.
An general AI will be deflationary, as more decisions outsourced from Humans to the "mainframe" :0
Most of my idea's I have shared on assets have been to the upside even after bearish down moves. Stocks, Gold & Crypto. Right Back in 2020 I shared a thesis of a Roaring 20's echo meltup and here we are melting up ...
Yet the party must end sometime
so we watch and have one foot in and foot out from this point.
Secular Bull markets have a lifespan of 15-18 years ...
and this one has required multiple rounds of QE (liquidity injections) to achieve this run.
So we will are looking for #BTC hit $100k the Russell 2000 to make new high's, before setting the stage for a bear market that could be quite extraordinary.
$DJI <> Rate CutsRetail investors often mistakenly believe rate cuts are bullish and will profit, but history suggests otherwise. In the last two decades, we have witnessed three major rate-cutting events that occurred a few months before market peaks, each followed by 40%+ corrections. We have observed similar patterns with retail investors becoming bullish as rate cuts are announced. Markets typically become euphoric for a few months, with retail investors buying at the top, only to experience major drops shortly after.
NASDAQ Time to move more aggressively to the tech sector!Nasdaq (NDX) may be underperforming on its August recovery relative to the other indices (S&P500 and Russell 2000) but as the monthly candle closes today, there is a very encouraging signal coming from an index ratio that shows that this may be the time to get heavier on tech.
We will use the Russell 2000 index (RUT) as it represents a wider array of companies and place it against Nasdaq on the RUT/NDX ratio. Naturally over the years (this 1M chart shows data since 2006), the ratio declines within a Channel Down as historically the riskier tech sector attracts more capital and grows more.
However there are instances where Russell gains more against Nasdaq. We are currently though at a time where this isn't the case as the ratio seems to be under a consolidation that on previous fractals (March 2015, September 2008) led to more decline, thus gains for Nasdaq.
As you can see, this movements can be grasped by the Sine Waves, though not perfectly, but still goo enough to understand the cyclical pattern we're in, also with the help of the 1M RSI Triangles.
Nasdaq (which is represented by the blue trend-line) has started massive expansion Channel Up patterns following this unique signal given by the RUT/NDX ratio. The first was right after the 2009 Housing Crisis bottom and the second during the 2015/ 2016 E.U., VW and Oil crisis.
As a result, this could be an indication that even though the last crisis we had was 2022 Inflation Correction, Nasdaq may be starting a new bullish wave of massive gains against the rest of stock indices.
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NASDAQ: ATPC Spiked 65% Pre-Market Upon Successful Reverse Stock
Agape ATP Corporation (ATPC) saw an impressive 65% spike in pre-market trading today, a clear indication of investor confidence following the company’s recent 20:1 reverse stock split. This strategic move appears to have paid off, significantly boosting the stock price and attracting renewed interest from both institutional and retail investors.
The reverse stock split, which consolidated shares to enhance market stability and meet Nasdaq listing requirements, has evidently strengthened ATPC’s market position, setting the stage for further growth in the renewable energy sector.
Investors are now eyeing ATPC as a promising player in the green energy landscape, with the recent price surge reflecting growing optimism about the company's future prospects. As the renewable energy sector continues to gain momentum, ATPC's strategic decisions, including this reverse split, are likely to play a crucial role in its long-term success.
Visa (V): Chart Analysis Update We hope you remember our previous analysis on Visa. The price reacted to our target area and has since increased following the latest drop. We now believe that Wave ((iv)) is complete and that we are currently in Wave ((v)). A level around $305 or even slightly higher should be possible for Visa before breaking the current local low at $253.
Once this Wave ((v)) is complete, concluding the overarching Wave 3, we plan to send out a limit for new entries.
USNAS100 / Already dropped and still, or enough...Nasdaq Technical Analysis
The Nasdaq price has stabilized below the pivot line at 19,535, signaling a bearish trend, particularly given the significant bearish volume below this level.
As long as the price remains under 19,535 and 19685, it will likely continue declining, potentially reaching 19370 and 19185.
However, a break above 19685, followed by 19820 and 19975.
Key Levels:
Pivot Line: 19535
Resistance Levels: 19625, 19972, 20100
Support Levels: 19290, 19185, 18940
Expected Trading Range for Today: 19685 to 19185
Trend: Bearish, as long as the price remains below 19535.
NAS100 H4 | Pullback Resistance at 61.8% Fibonacci RetracementNAS100 is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 19,634.76 which is a pullback resistance that aligns with a 61.8% Fibonacci retracement level.
Stop loss is at 20,100.00 which is a level that sits above the 78.6% Fibonacci retracement level and a multi-swing-high resistance.
Take profit is at 19,187.76 which is a swing-low support.
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ADSK potential Buy setupReasons for bullish bias:
- Price bounce from strong support
- Price respecting long-term trendline
- Safe Entry at LH breakout
- Bullish divergence
- Positive Earnings
Here are the recommended trading levels:
Entry Level(Buy Stop): 224.11
Stop Loss Level: 187.95
Take Profit Level 1: 260.25
Take Profit Level 2: Open
LIN potential Buy setupReasons for bullish bias:
- Price respecting long-term trendline
- Bullish weekly candles
- Simple DOW theory
- Entry at small consolidation phase breakout
- No divergence
Here are the recommended trading levels:
Entry Level(CMP): 440.00
Stop Loss Level: 406.80
Take Profit Level 1: 473.2
Take Profit Level 2: Open
Nvidia (NVDA): A Beacon in the Tech Sea - Remains a Strong BuyNvidia (NVDA): A Beacon in the Tech Sea
Nvidia, a titan in the semiconductor industry, has consistently demonstrated its ability to navigate the complex landscape of technology. While the stock has experienced recent fluctuations, its underlying fundamentals remain strong, making it a compelling investment opportunity.
A Strong Financial Foundation
Nvidia's financial performance has been nothing short of exceptional. The company's revenue surged by 122.40% year-over-year, far surpassing market expectations. Additionally, its earnings per share (EPS) exceeded analyst estimates by a comfortable margin, underscoring its robust financial health.
Market Leadership and Future Potential
Nvidia's position as a market leader in the semiconductor industry is undeniable. With a massive market capitalization of $3.09 trillion, the company has a significant presence in critical segments such as data centers and artificial intelligence. Its ongoing commitment to innovation ensures that it remains at the forefront of technological advancements, driving future growth.
Navigating Short-Term Challenges
While the stock has experienced a recent decline, it's important to view this as a potential short-term market correction. Despite a slight decrease in institutional holdings, major investors like The Vanguard Group have increased their positions, indicating continued confidence in Nvidia's long-term prospects.
Why Nvidia Remains a Strong Buy
Innovation and Growth: Nvidia's relentless pursuit of innovation in AI and computing positions it for sustained growth.
Financial Health: A strong balance sheet provides a solid foundation for future success.
Market Leadership: Nvidia's dominant position in key segments gives it a competitive advantage.
Path to Recovery
As market sentiment improves and Nvidia continues to deliver impressive financial results, the stock is well-positioned for a rebound. Positive analyst ratings and target prices further reinforce this outlook.
In conclusion, while short-term market fluctuations are inevitable, Nvidia's strong fundamentals, market leadership, and commitment to innovation make it a compelling investment choice. Investors seeking exposure to the technology sector may find Nvidia to be a valuable addition to their portfolios.
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Risk Disclaimer!
The article information and the data is for general information use only, not advice!
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Risk Warning Trading stocks and options is a risky activity and can result in losses. You should only trade if you understand the risks involved and are comfortable with the potential for losses. Risk Disclaimer! General Risk Warning: Trading on the Financial Markets, Stock Exchange and all its asset derivatives is highly speculative and may not be suitable for all investors. Only invest with money you can afford to lose and ensure that you fully understand the risks involved. It is important that you understand how Trading and Investing on the stock exchange works and that you consider whether you can afford the high risk of loss!
Nasdaq - Nasdaq is waiting for the release of the GDP indexThe index is located between EMA200 and EMA50 in the 4H time frame and is trading below the level of 20,000
If the index continues to rise towards the specified supply zones, which also intersects with the weekly pivot of the index, we can look for sell positions in the Nasdaq index
NASDAQ thoughts - 24-Aug-2024Hello all, Kindly see my NASDAQ thoughts for today. These videos are aimed at making you compare charts with mine if you are a price acton trader and use my thoughts to improve your skill. They are not meant as signals even if they seem like they are. I want you to learn and be great
2024-08-28 - priceactiontds - daily update - nasdaqGood Evening and I hope you are well.
tl;dr
Indexes - Some decent selling today but tis just a dent compared to the bull rally from the previous 3 weeks. Nvidia numbers were in line but the buyback should have been good enough for more euphoria and instead nasdaq puked for 200 points. I do think bears are favored tomorrow but will need follow through below 19200 on nasdaq.
nasdaq e-mini futures
comment: Market continues inside the bull flag and the longer it goes on the more neutral market becomes. Nvidia numbers were in line but market puked 200 points, despite the 50b buyback. Since it recovered most of it as of now, I think we have to wait for tomorrow’s US session for a clear direction but I do think bears chances are very good that we have seen the lower high at 20025 and we go lower from here. I want confirmation below 19200 tomorrow. If bulls can get above 19500 again, they are favored for 19600 or higher again.
current market cycle: Bull flag inside the bigger trading range
key levels: 19000 - 20000
bull case : Bulls want a new ath but Nvidia earnings did not help their case. Still a bull flag after the insane reversal. I wait for tomorrow’s price action. Bulls need to get above 19500 for more upside.
Invalidation is below 19000.
bear case: Bears hope for armageddon. They need to keep this below 19500 to keep their chances of more downside decent. Getting short between 19350 - 19500 is risky but can work. Validation for more downside is a 1h close below 19200. If bears manage that, we could have a bloody day tomorrow.
Invalidation is above 19500.
short term: Neutral.
medium-long term: This climactic blow off top is/was the grand finale of this bull trend. Perfect break above multiple patterns which I expect is a bull trap and we will test the various support lines next before the new bear trend will unfold over the next 3-9 months. —unchanged since 2024-06
current swing trade: Nope.
trade of the day: Selling the open was pretty decent I guess. There was no reason to exit until we hit 19400 and after that, market just went sideways.
Reverse Stock Split for Nasdaq: ATPC? What’s the Impact to ShareAgape ATP Corporation (ATPC) is set to implement a 20:1 reverse stock split, a very good move designed to consolidate the company’s shares and potentially improve its market positioning.
What are the impacts from the reverse stock split?
Enhanced Stock Price. The reverse split will increase the share price proportionally, making ATPC’s stock more attractive to institutional and retail investors who often avoid lower-priced stocks.
Nasdaq Compliance. By increasing the share price, ATPC ensures continued compliance with Nasdaq’s listing requirements, particularly the minimum bid price, which is crucial for maintaining their listing status.
Better Market Perception. A higher stock price can improve investor perception, potentially attracting a broader base of investors who prefer higher-priced stocks for their perceived stability and prestige.
Liquidity and Volatility. While the number of outstanding shares will decrease, which might reduce liquidity slightly, the split could also reduce volatility as the stock price stabilises at a higher level. Overall, it is more of a net neutral impact on the trading liquidity.
Positioning for Growth. With a stronger presence on Nasdaq post-split, ATPC is better positioned to capitalise on future growth opportunities, whether through attracting more substantial investments, mergers, or acquisitions.
Overall, better visibility in the Nasdaq market.
Post-split, ATPC is expected to project a stronger image on Nasdaq. This move aligns with the company’s broader goals of becoming a major player in the renewable energy sector. The reverse split is not just about compliance; it’s about setting the stage for ATPC’s next phase of growth, where they aim to leverage their innovative projects and strategic partnerships to gain market share and investor confidence.
Investors should keep an eye on ATPC as the reverse split could mark a significant turning point, potentially driving long-term value as the company continues to expand its footprint in the green energy market.
NASDAQ INDEX (US100): Pullback From Support
US100 may pull back from a key daily/intraday horizontal support.
As a confirmation, I spotted a double bottom formation on a 4H time frame
and a confirmed violation of its neckline.
The market may reach at least, 19755 level soon.
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NASDAQ thoughts 28-Aug-2024Hello all, Kindly see my NASDAQ thoughts for today. These videos are aimed at making you compare charts with mine if you are a price action trader and use my thoughts to improve your skill. They are not meant as signals even if they seem like they are. I want you to learn and be great