Nasdaq
Nasdaq long ideaI think we needed one more sweep into sell-side at 9:30 so I think it should be going into buy-side
NASDAQ Ready for an impressive finish of the year.Nasdaq (NDX) is coming off a 4H Golden Cross, the same kind if formed on November 08 2023, straight after the bottom of the 18-month Channel Up. As the 1D MA200 (red trend-line) has been in strong support of this Channel Up, the index is now on a similar Bullish Leg (blue Channel) as the one that started 1 year ago.
We are at the stage were after a roughly +20% rise from the bottom, the short-term Bullish Megaphone tested and held the 4H MA200 (orange trend-line), which based on the January 2024 fractal, could initiate the 2nd Phase of the Bullish Leg.
The previous one peaked on a +31% rise, so we expect the index to reach at lest 22000 by the end of the year.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
UNLOCK PROFITS! 5 Opportunities to Capitalise1. Tesla (Weekly Timeframe) NASDAQ:TSLA
● A symmetrical triangle pattern is clearly visible on the weekly chart.
● Following a recent breakout with strong volume, the price is likely to rise significantly.
2. Lam Research Corporation (Weekly Timeframe) NASDAQ:LRCX
● After breaking out of the cup and handle pattern, the price surged to an all-time high around the 113 level.
● A notable rejection from this peak caused a pullback to the previous breakout level.
● The price is currently consolidating at this level, preparing for a potential upward move.
3. Tapestry (Daily Timeframe) NYSE:TPR
● The stock has been trading within a rectangle pattern for a while.
● Now, following a robust breakout supported by significant volume, the stock price is primed for an upward trajectory.
4. Oppenheimer Holdings (Daily Timeframe) NYSE:OPY
● After breaking out of a bullish pennant pattern, the stock price is targeting higher levels.
● The breakout was accompanied by significantly high trading volume.
5. Deckers Outdoor Corporation (Daily Timeframe) NYSE:DECK
● The stock price has formed a symmetrical triangle pattern.
● A recent breakout could drive the price to higher levels.
Combined US Equities Lousy Breakout means BreakdownThe combined US equities chart failed to push significantly and is consolidating. when it does this, it looks like it is rolling over to fall off a cliff.
IF we look carefully, besides the weakening technical indicators, there is also weakening price action, with the second or third lower high in the hourly time frame.
That said, the decision box needs to be broken out of, and then the critical support (red line).
Once these give way, it would be too obvious and there should be a sizeable retracement to the previous support, now being the downside target.
Nasdaq 2 GAPS downNasdaq is currently showing 2 GAPS in under levels we may see them closer between today or/and tomorrow
Always do your research
Nasdaq - index will continue to rise?!The index is above the EMA200 and EMA50 in the 4H timeframe and is trading in its ascending channel
If the drawn resistance level is broken, we can witness the continued rise of the index up to the previous ATH
Around the range of 21,000, we will look for price corrections of the index until the bottom of the ascending channel
US100 H2 - Short SignalUS100 H2
Here is Nasdaq, a little different as compared to US30, we have price trading as close to ATH's as you could expect, with a couple of trading tops here from last week. We also saw a huge dump on Friday, that single H2 candle demonstrates a move of 180 points, followed by two more bearish candle closes to end the trading day and trading week.
That being said, markets opened and we gapped upside around +130 points, we have sustained this, just like US30. I'm wondering whether we reject this price level we have indicated at 20,500 price and selloff back down to 20,300 price. Seeing how Nasdaq moves, if it breaks or rejects, may give us a better steer on US30 trading opportunity.
Nasdaq Market Review: 28-OCT-2024Good morning, everyone! Today's Nasdaq analysis is designed to educate and empower. Use these insights to refine your price action trading strategy.
Weekly Forex Forecast Oct 28th: S&P500, NASDAQ, & DOW This is the Weekly Forex Forecast for Oct 28 - Nov 1st.
The S&P500 and NASDAQ are neutral at the moment, but the trend is bullish. Patience will pay off if we wait for confirmations to bullish orderflow.
The DOW is looking weaker than the other two. It is clear the short term profit targets are to the sell side liquidity.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Telsa VOOM VOOM to $4 Trillion market-cap?The road to Telsa going to $4 Trillion market-cap. It's currently at $800 Billion.
AFFIRM HOLDINGS (AFRM) Short Trade Setup and AnalysisAFFIRM HOLDINGS (AFRM) on the 15-minute timeframe:
Trade Summary
Position: Short Trade
Entry: $46.84
Stop Loss: $48.47
Take Profit Targets:
TP1: $44.84 (Hit)
TP2: $41.59 (Hit)
TP3: $38.34 (Pending)
TP4: $36.33 (Pending)
Technical Analysis
The price action for AFRM has shown a steady downtrend in alignment with the bearish market sentiment. The position was initiated near the entry point of $46.84, with the Risological dotted trendline indicating a continuous bearish pressure, thus validating the short entry.
With TP1 and TP2 already achieved, the price is moving in line with the projected downtrend. The decreasing volume and proximity to the trailing targets suggest that there is further room for downside potential, aiming towards TP3 and TP4.
Market Insights
Volume: 5.59M (below the 30-day average of 9.08M), indicating moderate sell-off interest.
Key Levels:
Day’s Range: $40.63 - $42.47, which reflects a steady decline.
52-Week Range: $16.50 - $52.48, showing that the stock is approaching the lower side of its yearly range.
Upcoming Earnings: In 12 days, which could further influence AFRM’s trend based on market expectations.
This technical setup aligns with the broader market indicators and the prevailing bearish momentum in AFRM. Further downside potential remains viable as the trend continues.
NVIDIA weekly and logHello,
A quick look at the past.
Well, it's been going up since 2012!
A short-term trend has resumed in the long-term trend as shown by the regression line channels.
The orange line represents the 200-period simple average.
Make your own opinion, before placing an order.
► Thank you for boosting, commenting, subscribing!
UPSIDE TARGETS for NVIDIA #NVDA ...As you can see Nvidia has already triggered a Hunt Volatility Funnel pattern #HVF
Target 1 has already been made ($134.93)
Target 2 is in progress coming in at $157.93
Target 3 is at $188.98
With the US election uncertainty almost out of the way.
WallSt can then get behind a Santa rally.
Don't be surprised if you see Nvidia get close to (buy probably not reach) $200
$188.98 gives Nvidia a $4.6T marketcap
@TheCryptoSniper
Bearish Technical and news XAUUSD For next week, XAU/USD (gold) is projected to remain in a consolidation phase around the $2730-$2760 range as it encounters both support from safe-haven demand and resistance from potential profit-taking. Market factors like Federal Reserve rate expectations and geopolitical tensions in the Middle East may sustain demand for gold, with bullish sentiment intact if these factors persist. On the technical side, key support sits near $2710, while resistance appears around $2780, suggesting some potential for upward movement if the dollar weakens or global uncertainties intensify.
Analysts also suggest paying attention to U.S. economic data releases next week, particularly any Federal Reserve statements, which could influence investor sentiment towards safe-haven assets like gold. If data suggests slowing economic momentum, gold might break higher; conversely, strong U.S. data could limit gains or prompt slight retracements in XAU/USD .
NAS100: Inside day, first green dayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range ✅
2. SIGNAL DAY
First Red Day
First Green Day ✅
3 Days Long Breakout
3 Days Short Breakout
Inside Day ✅
3. WEEKLY TEMPLATE
Pump&Dump
Dump&Pump ✅
Frontside ✅
Backside
4. THESIS:
Long: this is my main scenario, I can potentially see a weekly dump and pump starting from Wednesday, day where the market broke through the low of week and started reversal. Yesterday, Thursday, we can see a coiling, closing the day as an inside day and first green day, a potential long signal. After the equity opening at 9:30am, I will be willing to take a long setup if presented.
Short: this is my secondary scenario, sometimes we can see the inside day acting as a trading range false break reversal if the market will setup for a short trade.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
