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Prepare Nasdaq for Monday on weekend 25.01.11Hello, this is Greedy All-Day. Today’s analysis focuses on the NASDAQ. Briefing Results Chart: Buy Perspective: No buy entry signals were triggered during session. Sell Perspective: While the initial blue ascending trendline break could have been a sell entry, the timing occurred outside of market hours (during the Asian, European, and U.S. sessions), rendering the move insignificant. Thus, the sell entry was based on the extended yellow ascending trendline. Upon its breakdown, the target was exceeded, resulting in a total drop of 325 points and approximately $6,500 in profit per contract. Daily Chart Analysis (Perpetual Contract) Chart: On the daily chart: Lagging Span (Chikou Span): The Lagging Span has definitively entered below the candles, suggesting a high probability of a trend reversal. For a full reversal, the price must break above 21555. Current Position: The price is currently at 21016. The Lagging Span suggests the potential for upward movement toward 21437 on Monday, barring further breakdowns. Green Box: Previously acted as a support zone, but the red box candlesticks broke below, creating new lows. Ichimoku Cloud: While the price has entered the cloud, it continues to close above the upper boundary, maintaining support for now. Key Moving Averages: Without a gap-up on Monday, the daily candle is likely to open below the 20 EMA and 60 EMA. Major resistance levels are at 21090 and 21440, respectively. March Futures Contract Analysis Chart: While largely similar to the perpetual contract: The price closed within the Ichimoku Cloud. Intraday trading on Friday even saw the price break below the cloud’s lower boundary. Key Levels: Resistance: 21213 (cloud upper boundary). Support: 20930 (already broken once, so its strength as support is questionable). Key Daily Chart Patterns Chart: Two notable patterns emerge on the daily chart: Descending Triangle (Red Lines): Height: ~6.8%. The pattern broke downward on Friday, suggesting a potential target at 19594 (6.8% below the breakdown point). Falling Wedge (Blue Lines): While this indicates a corrective downtrend, a breakout above the blue box could signal a return to the highs or even new all-time highs. Both patterns offer insight into market sentiment but require confirmation to act upon. Monday Trading Strategy Chart: Buy Perspective: Entry Trigger: A breakout above the green box + 21206. Context: The price has shown resistance at 21206 following a rebound and subsequent decline. Targets: Resistance levels are marked on the chart; verify specific price points on the chart’s left side. Key Consideration: Without a breakout above 21562 (light blue box), the overall trend remains bearish. Any potential buy would likely be a temporary retracement within a broader downtrend. Sell Perspective: Recommendation: Monday may be best suited for observation rather than aggressive sell entries. Risks: There are no clear support trendlines, and selling on a break of the previous low carries considerable risk. Conclusion The NASDAQ is a dynamic and unpredictable market where what appears to be a correction may not actually be one. Recent declines can trigger panic among traders, but it’s critical to approach the situation with patience and a calm, strategic mindset. Avoid emotional decisions and focus on the bigger picture. Trade smart and stay prepared for any market movements. 🚀
CME_MINI:NQ1!
by Greedy_allday
Combined US Equities - Critical Support Line BROKEN DOWNJust yesterday, the line was drawn and by the close of the day/week, it was done... the line broke with a close below. So, zooming out into the weekly charts, and we see the TD Sequential starts for a Buy Setup (means bullish till end of Setup). Projecting a simple waterfall scenario brings US equities down to target at the TDST, and meeting a confluence of several support levels. Noted MACD crossed down as is RoVD tapering down too. This is the simplest straight line outcome. Alternatively, might see a weak bounce for a lower high on the weekly charts and then the cliff fall in mid- to end-February. Just need to know, then decide what to do. On a seperate note. The First 5 days of the trading week of January is part of the January Barometer where how January closes is how the year goes. and this ended DOWN. Now, if January is ending DOWN as well, then you decide how 2025 is ending most likely. Already obvious 2025 is challenging till September. Watch for it and be wary. All the best!
CME_MINI:ES1!Short
by Auguraltrader
SQ - Building "Block"Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 After being stuck in an accumulation phase for almost two years, SQ has finally broken above its range. The shift in momentum is now confirmed in favor of the bulls, with the price trading within the rising channel marked in blue. 🏹 As SQ retests the lower blue trendline, I will be looking for trend-following long positions, targeting the $200 round number. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
SLong
by TheSignalyst
7
Today analysis for Nasdaq, Oil, and GoldNasdaq The Nasdaq closed flat due to the U.S. stock market holiday and early futures market closure. The MACD has fallen below the zero line on the daily chart, indicating continued selling pressure. Today's non-farm payroll data will be a key event, as it may determine whether the Nasdaq breaks below the 60-day moving average and continues its decline. On the 240-minute chart, both the MACD and Signal lines remain below the zero line, indicating a persistent bearish trend. This suggests a possibility of further sharp declines, potentially expanding the divergence. Ahead of the data release, the pre-market is likely to remain range-bound. Focus on range-trading strategies but manage risks carefully as the non-farm payroll data approaches. Oil Oil closed higher, finding support near the 240-day moving average on the daily chart. After facing initial resistance around the $75 level, oil found support at the 240-day moving average, indicating a strong chance of another attempt to break above $75. Additionally, support near the 10-day moving average suggests the potential for another upward wave. On the 240-minute chart, a buying attempt is evident as the MACD moves closer to the Signal line. The chart resembles a head-and-shoulders pattern, where the neckline provides support, and the price may be attempting to form the right shoulder. Whether oil will surge beyond $75 remains uncertain, as the divergence in the MACD on the 240-minute chart and potential for time correction on the daily chart suggest caution. Avoid chasing prices at the highs; instead, confirm a breakout before taking action. Overall, buying on dips is the preferred strategy. Gold Yesterday, gold closed higher, continuing its upward trend on the daily chart. The MACD is approaching the zero line, and today's non-farm payroll data will determine whether gold moves above the zero line to resume a bullish trend or sharply reverses, resulting in a MACD dead cross and a bearish trend. On the 240-minute chart, the bullish momentum remains strong, but upcoming events such as today's data and next week's CPI report could create a turning point. Given the potential for trend changes, it’s better to react to established trends. While the short-term trend is strong, range-bound movement in the pre-market is possible, so trade accordingly. Buying on dips remains a favorable approach. As we approach the end of the trading week on Friday, heightened volatility is expected due to the non-farm payroll data. Manage risks carefully, and may you have a successful trading day! ■Trading Strategies for Today Nasdaq - Range-bound Market -Buy Levels: 21,190 / 21,120 / 21,065 / 20,990 / 20,945 -Sell Levels: 21,315 / 21,360 / 21,410 / 21,500 Oil - Bullish Market -Buy Levels: 73.90 / 73.50 / 73.00 -Sell Levels: 74.80 / 75.20 / 75.60 / 76.40 Gold - Range-bound Market -Buy Levels: 2,685 / 2,681 / 2,676 / 2,670 / 2,665 / 2,661 -Sell Levels: 2,700 / 2,705 / 2,710 / 2,716 These strategies are applicable only during pre-market hours. Profit-taking and stop-loss levels are set as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks. If you liked this analysis, please follow me and give it a boost!
CME_MINI:NQ1!
by Futureguard
XAU/USD : And Another Bullish Move Ahead! (READ THE CAPTION)Gold prices have followed an interesting trajectory over the past 24 hours, aligning perfectly with our earlier expectations. After a strong rally, gold hit the critical target of $2656, reaching as high as $2664 before entering the marked supply zone. As anticipated, the supply zone acted as a resistance, triggering a sharp decline to $2642. This movement provided an excellent trading opportunity for those who closely monitored the levels outlined in our previous analysis. Current Market Context At the moment, gold is trading around $2650, navigating within a crucial range. The price action suggests that gold is testing the resilience of buyers and sellers. If it stabilizes above $2644, we could see further bullish momentum, with the potential to hit the following targets: • $2655 – A minor resistance level, which could set the tone for stronger upward momentum. • $2661 – The next key level, signaling continued bullish strength. • $2666 – A level of psychological resistance, marking a significant test for buyers. • $2673 – The ultimate target for this leg of the rally, contingent on sustained demand and favorable conditions. Fundamental Factors Driving Gold Prices Gold's current trajectory has been influenced by a mix of technical setups and fundamental drivers: • U.S. Economic Data: Robust job market data released earlier this week highlights the resilience of the U.S. economy. Job openings rose to 8.09 million in November, reflecting strong economic activity. However, this has bolstered the U.S. dollar and treasury yields, creating headwinds for gold as a non-yielding asset. • Federal Reserve Policy Outlook: Expectations for further rate cuts by the Federal Reserve have diminished, as recent comments from Fed officials suggest a cautious approach to monetary easing. Fed Governor Lisa Cook emphasized that the Fed may slow down rate cuts due to persistent inflation. • Central Bank Gold Demand: On the bullish side, the People’s Bank of China (PBOC) increased its gold reserves for the second consecutive month, a move that reflects sustained demand for the metal from the world’s largest consumer. Central bank purchases, particularly in the context of geopolitical uncertainties, have continued to support gold prices globally. Technical Insights From a technical standpoint: • Support Levels: If gold fails to hold above $2644, we could see a deeper retracement toward $2633 and possibly $2625. These levels represent the nearest support zones where buyers may re-enter the market. • Resistance Levels: On the upside, the supply zone between $2664 and $2673 will be a critical area to watch. A break and sustained close above $2673 could signal the start of a new bullish trend. • Market Sentiment: Despite recent volatility, sentiment remains cautiously optimistic, with traders closely watching global economic data and U.S. Federal Reserve updates for further direction. Looking Ahead Key events later this week, including U.S. jobs data and the ADP employment report, will likely have a significant impact on gold's short-term direction. Traders should also keep an eye on movements in the U.S. dollar index (DXY) and treasury yields, as these remain inversely correlated with gold prices. Action Plan: For now, the focus remains on how gold reacts around $2644. If the metal stabilizes above this level, traders can look for opportunities to target $2655, $2661, and beyond. Conversely, a breakdown below $2644 could lead to short-term selling pressure, offering opportunities for a potential retracement trade. Stay tuned for further updates and detailed analysis! Let’s capitalize on these market moves! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
OANDA:XAUUSDLong
by ArmanShabanTrading
77
NAS100 on Pause: Focused on Scalping Until NFP Shifts the Market👀 👉 The NAS100 has been stuck in a range and lacks a clear trend at the moment. Currently, I only see potential for scalping opportunities. With NFP coming up tomorrow, I’m leaning toward staying on the sidelines and waiting to see if a US100 trend develops next week, which could present some profitable setups for the NASDAQ. ⚠️ This material is for educational purposes only and should not be considered financial advice.
THINKMARKETS:NAS100
by fxtraderanthony
1
TORXF breaking out for short term upside to 23 Hello Everyone, Have spotted a bullish pattern on the chart that can take the prices to 23 in the short while. Points to note: > Breaking out from Symmetrical Triangle > Forming rectangle pattern > Rising volumes on the breakout. > Hammer spotted Important levels: Support: 19.4 (lower trendline of the triangle) Resistence: 23 (supply zone confirmed twice previously) Entry Levels: 20-20.25 (weekly close above the triangle) Exit Levels: 19.3 or trail with EMA 100 once it breaches 21 levels. Risk to Reward: Optimal Entry 20 – Target 23 = Almost 4x Reward to Risk
OTC:TORXFLong
by madhubansal
Combined US Equities - Critical Support Line drawnAs expected, not a good finish, not a great start. Now, a potential trend change pattern might be forming. This pattern has a series of two of each Lower Highs (LH) and Lower Lows (LL). With that criteria fulfilled (LL 926 and 925.75), the Critical Support Line can be drawn at 925.75. A breach and breakdown to close below 925.75 is likely to send the US equities market reeling over and down the cliff. This is the trend change pattern that is very reliable. Noted that the RoVD indicator has crossed below the zero line, bearish. Watch the Critical Support Line, and the TDST lines now...
CME_MINI:ES1!
by Auguraltrader
Prepare before National Foundation Day on Nasdaq 25.01.09Hello, this is Greedy All-Day. First, I’d like to apologize for not posting a briefing yesterday, January 8, due to personal reasons. Let’s dive into today’s analysis of the NASDAQ. Tuesday’s Briefing Results Buy Entry: No buy entries were triggered, so there’s no commentary for this perspective. Sell Entry: The trigger was a breakdown below the ascending trendline and the lower boundary of the supply zone at 21640. Outcome: After the breakdown, the NASDAQ dropped by 350 points. Profit: Approximately $7,000 per contract. Daily Chart Analysis The NASDAQ is currently consolidating between the 20 EMA and the 60 EMA, which suggests indecision: The price has not closed below the 60 EMA, indicating that support is still holding and cautioning against premature selling. The price has not entered the Ichimoku Cloud, which means a full bearish transition has not occurred yet. This range-bound movement suggests that the market is awaiting a major catalyst, such as an economic indicator or political news, to determine the next directional move. A more strategic approach is required in this scenario. Key Supply Zone Dynamics The current range is highlighted in the orange box, where price movements have shown inconsistent behavior: Resistance and support levels within this range do not align consistently. The best approach in this zone is to wait for a clear breakout in either direction before entering a trade. This area is prone to stop-hunting, increasing the risk of being prematurely stopped out in both directions. Today’s Trading Strategy Buy Scenario: Entry Trigger: A breakout above the green box at 21812. Reasoning: The red box marks the upper boundary of the resistance zone, but breaking above it alone does not provide a strong buy signal. A move above 21812 would signify a breakout above key resistance levels, including the descending trendline and prior candle resistance, providing sufficient justification for a buy entry. Sell Scenario: Entry Trigger: A breakdown below the orange box support. Reasoning: Breaking the short-term ascending trendline would open the door for a test of Wednesday’s low. If the low is breached, the price could decline further to the 21006 level. The 21006 support zone corresponds to the January 2, 2025 low of 20983, a critical level. A breakdown here would signify entry into the daily Ichimoku Cloud, opening substantial downside targets. Conclusion Today is a market holiday in the U.S. (National Foundation Day), so trading activity will be paused. In such conditions, I recommend avoiding impulsive or speculative trades and instead observing the market’s behavior to prepare for the next session. Stay disciplined and trade wisely. 🚀 This briefing will remain valid until Friday due to the market holiday. The next NASDAQ briefing will be shared over the weekend in preparation for Monday’s trading.
CME_MINI:NQ1!
by Greedy_allday
2
Today analysis for Nasdaq, Oil, and GoldNasdaq The Nasdaq closed lower. On the daily chart, the MACD has fallen below the zero line, signaling continued selling pressure. If the 60-day moving average support level is broken, it would be prudent to prepare for a drop toward the monthly 5-day moving average and potentially the 120-day moving average, depending on market conditions. However, with the U.S. stock market closed today and the futures market closing early, trading is expected to be light, and the trend direction will likely become clearer after Friday’s non-farm payroll data release. On the 240-minute chart, both the MACD and Signal lines have moved below the zero line, indicating stronger selling pressure. Sell-side strategies are recommended, and given the early market closure, taking quick profits would be advisable. Oil Oil faced resistance near its previous high and closed with a bearish candle. Due to the rapid surge toward its previous high, a short-term correction appears inevitable. Maintaining support at the 240-day moving average will be crucial. The need to align short-term moving averages such as the 20-day and 60-day with current price levels suggests a period of price and time correction is likely. On the 240-minute chart, a long upper wick has formed, resembling the head of a head-and-shoulders pattern. A neckline could form near the 240-day moving average, potentially leading to a rebound that forms the right shoulder. Given the wide divergence between the MACD and Signal lines from the zero line, another attempt at an upward move seems plausible. Buying on dips near key support levels is the preferred strategy. Gold Gold closed higher. The daily chart indicates a consolidation phase within a range, and market conditions suggest that trends will become clearer after Friday’s non-farm payroll data. Currently, a buy signal is visible on the daily chart, meaning any downward move may require a sharp decline, potentially driven by Friday’s data or next week’s CPI report. On the 240-minute chart, the buy signal remains intact. Buying on dips is advisable, although the divergence between the MACD and Signal lines is relatively small. For gold to gain momentum, a significant breakout with a strong bullish candle would be essential. For now, range-bound strategies are recommended, favoring selling at highs rather than chasing prices upward. Today's Market Notes The U.S. stock market is closed today, and the futures market has an early close. With reduced volatility, a mixed and range-bound market is expected. Please trade with caution and aim for success! ■ Trading Strategies for Today Nasdaq - Range-bound Market -Buy Levels: 21,270 / 21,190 / 21,155 / 21,065 / 20,990 -Sell Levels: 21,410 / 21,500 / 21,550 Oil - Bullish Market -Buy Levels: 72.80 / 71.90 / 71.00 -Sell Levels: 73.60 / 74.40 / 74.80 / 75.20 Gold - Range-bound Market -Buy Levels: 2,670 / 2,665 / 2,661 / 2,654 / 2,649 -Sell Levels: 2,686 / 2,693 / 2,704 / 2,710 These strategies apply only during pre-market hours. Profit-taking and stop-loss levels are as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks. If you liked this analysis, please follow me and give it a boost!
CME_MINI:NQ1!
by Futureguard
NASDAQ: The buy zone is under the 1D MA50.Nasdaq is neutral on its 1D technical outlook (RSI = 47.510, MACD = 54.540, ADX = 27.946) as it got rejected yesterday back to its 1D MA50. This trendline is holding since September 12th and during this 4 month period is sustained a very steady uptrend. This is so far the bullish sequence with the slowest pace inside the 2 year Channel Up. This lack of strength along with the fact that the 1D RSI formed a pattern that during these 2 years was followed by a dip under the 1D MA50, suggests that it might be best waiting for the price to hit the 1D MA100 before placing a long term buy again. Once this condition is met, we will go long and aim for the 2.0 Fibonacci extension (TP = 24,350), which was always hit when a Channel Top was priced. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:NDX
by InvestingScope
NASDAQ Analysis: Bearish Momentum Targets Key Support LevelsUSNAS100 Technical Analysis The price has dropped by approximately 500 pips and continues to move toward 20,990 while remaining below 21,215. As long as the price trades below 21,215 and 21,160, it is expected to target 20,990 and 20,860. A retest of 21,215 is possible before resuming the bearish trend. A bullish reversal will be confirmed only if a 4-hour candle closes above 21,220. Key Levels: Pivot Point: 21145 Resistance Levels: 21280, 21390, 21535 Support Levels: 20990, 20860, 20670 Trend Outlook: Bearish while below 21215
OANDA:NAS100USDShort
by SroshMayi
Nasdaq Intraday Review - Tuesday 7 Jan 2025I trade Nasdaq exclusively Trading in GMT time zone Sharing my post day review and analysis in case it can help you! Did my analysis at +- 5:30 am GMT (00:30 am EST) Economic news - JOLTS Job Openings @ 15h00 News - None Directional bias - BUY Morning analysis: M TF - Currently showing bullish sentiment, even after last month's doji candle close. W TF - Bulls have managed so far to keep price above W neckline (on the W TF change the chart type to line chart and you will clearly see the "M" representing a DT market pattern). D TF - D 0.618 SELL fib level was broken, as bulls pushed price up well above this level and managed to close the D candle above it. Even though bulls showed massive strength on Monday, they were unable to close the D candle above the D falling wedge pattern top blue line, i.e. they were unable to break the pattern upwards. At time of writing in the morning, temporary blue downtrend line is being respected. The blue downtrend line represents the D downtrend of the falling wedge (drawn on the D TF) and the green down trendline represents the 4H downtrend line (drawn on the 4H TF) 4H TF - Potential neckline of a DT noted and marked with orange. If the 7am candle breaks this neckline downwards, price will push down because we are at the top of a higher TF market pattern (D falling wedge) + we have a 4H DT. These are strong bearish signals, but they will only be valid should price action give a reversal signal by bears being able to break the orange neckline downwards. The D buy fib levels coincide with the 4H buy fib levels as both are drawn from swing low at B to swing high at A on each respective TF. This gives a form of TF confluence and makes these levels stronger. 1H - Bears have managed to break below the pivot point + 1H EMA. The 1H candle that closed at 6am, wicked down to the pink uptrend line and there was a strong reaction (long lower candle wick) alluding to the validity of this uptrend line. Interest area's: 1. One buy area of confluence marked in green highlight - 4H EMA + D EMA (at that time) + D 0.382 buy fib level As the day progressed: Bulls managed to push up and break the pivot point upwards. The candle that broke the pivot closed right on the 30min EMA. When Nas is very bullish or bearish, the 30min EMA will act / be respected as dynamic support and resistance. Hence, I didn't want to enter my buy right at this level. I waited to see what price action would reveal. Looking at the 15min TF you can see a small price retracement to the pivot point (red candle at C.), a doji right at the pivot point and a green candle pushing up and away from the pivot and closing higher . It was at this point that I entered on a full position size, as I deemed my risk low because I had waited for the break and re-test: Entered a buy at the hand icon - Confirmations: 1. Market pattern - 30 min DB with neckline broken upwards and re-tested 2. S&R - pivot point + 1H EMA acting as dynamic support 3. Trend - Buy is in the overall bullish direction of the recent market and temporary orange downtrend line broken upwards. Price also rejecting and moving away from temporary down trend blue line 4. Fib - 5. Candlesticks - bullish engulfing candle to the left of C. on the 1H TF + previous long wick candle rejecting the D sell 0.618 fib. Mental SL placed at the thick pink line, so that the pivot point the 1H EMA and bulls rejecting the 4H neckline could possibly protect my buy. Price action was a bit choppy, but I held my position open as price was making higher highs and higher lows on the 1H TF. Price gradually trending upwards along the 1H EMA. Then news came out at 15h00 and price fell through the floor. JOLTS Job Openings is not really a "high impact" news event for Nasdaq like the CPI and NFP is. So this was a surprisingly volatile move, indicating how sensitive traders are to economic news that would affect Fed decisions regarding rate cuts. For me, up until the news, Nas was showing really good bullish price action. And then price just fell through the floor. I closed my biggest position at 1'150 pips loss (as I usually don't like to take losses of more than 1'000 pips a day). My smaller position size, I hesitated to close and took a loss of 2'411 pips! WHAT THE HELL!!! This was the fist time in a long time that I hesitated to close and it cost me badly, my emotions really got in the way here. Then, as per my strategy, when price reached my interest area, I moved down to the 5min TF and entered a buy when price made a DB on the 5min TF at the lower hand icon.. But that was a false signal i.e. a small bounce off a strong reversal zone, but price ultimately tanked further and I closed at 1'126 pips loss. What a freakin disaster....I basically took a 2'927 pips loss today (if I smooth the effect of position sizing). Part of this loss is due to variance and part of it is due to my own fault. There is no way I could have projected that Nas would fall through the floor on this news event and I don't regret my entry as I do believe my entry is correct for my bias and I did wait for the break and re-test. My mistake was that I hesitated to close and took a bigger loss than I should have. I also should not have entered again if I had already taken such a huge loss for the day. My strategy is to be out for the day if I make a 1000 pip loss. So it was a bit of a disaster. Nasdaq (and mostly myself) DESTROYED me today! After this devastation to my trading account, I think I will sit the rest of the week out, as tomorrow market are closed in national mourning and then Friday is NFP which I don't trade anyway. I need market to be as "normal" as possible because now I have my work cut out for me to slowly make up these losses. I will need to look for good quality entries and limit my risk. ​Losses are normal in trading and these will be faced by every trader. But the biggest damage a trader can do to his progress is to have uncontrolled losses and let losses get bigger than they should. It has been many months since I made this error, so I am making progress, but one bad day can cause serious damage. Limiting losses is more important than making money. If you don't have this skill you will never be profitable over the long run - I was reminded of this valuable lesson today. Hope you had a better day than me! Abbreviations: TF = timeframe TP = take profit 1H = 1 hour 4H = 4 hour D = day W = week M = month S&R = support & resistance H&S = head & shoulders EMA = exponential moving average SL = stop loss
PEPPERSTONE:NAS100
by Jinxx84
Analysis for Nasdaq, Oil, and GoldNasdaq The Nasdaq closed lower due to disappointment following Nvidia's new product announcement. On the daily chart, the MACD failed to converge with the Signal line, turning downward, and strong selling pressure emerged. If the weekly chart shows a candle with an upper wick breaking below the 10-day moving average, a dead cross on the MACD is likely. On the daily chart, the index has found support twice at the 60-day moving average. However, if it breaks below this level during the current selling wave, there’s potential for further declines toward the monthly 5-day moving average at 20,880. The 240-minute chart has triggered a sell signal around the MACD zero line, indicating the possibility of steep declines if selling continues. The Nasdaq is currently forming a pattern of lower highs, favoring sell-side strategies. However, with Friday's non-farm payroll data approaching, pre-market movement may remain range-bound. Oil Oil closed higher, finding support at the 5-day moving average. Although it hasn’t pulled back to the 3-week moving average on the weekly chart, continued gains this week could result in a candlestick pattern that reflects support at this level. Strong buying momentum persists on the daily chart, making buy-side strategies advantageous. Selling opportunities may arise if oil challenges the previous high at $76. The steep divergence between current prices and daily moving averages suggests the need for some price or time correction to bring the moving averages closer. On the 240-minute chart, a sell signal emerged but was followed by a short-term rebound. Given the divergence and angles of the MACD and Signal lines, an immediate breakout to the upside seems unlikely. If prices rise but the MACD fails to form a golden cross, a pullback is likely. Avoid chasing the rally; instead, focus on buying dips at key levels and selling at highs. Gold Gold closed higher with an upper wick, showing significant volatility following economic data releases. On the daily chart, gold continues to consolidate within a range. As Friday’s non-farm payroll data approaches, further consolidation is likely, so avoid chasing buying at highs or selling at lows. The MACD and Signal lines on the daily chart show minimal divergence, indicating a range-bound movement. On the 240-minute chart, another buy signal has appeared, but given the upcoming data releases, it’s more practical to approach this as part of a range-bound strategy rather than expecting a breakout. Exercise caution and focus on range-trading until clearer trends emerge. ■Pre-Market Trading Strategies Nasdaq - Range-bound Market -Buy Levels: 21,280 / 21,230 / 21,160 / 21,060 / 20,990 -Sell Levels: 21,450 / 21,505 / 21,555 / 21,600 / 21,680 Oil - Bullish Market -Buy Levels: 74.20 / 73.80 / 73.10 / 72.70 -Sell Levels: 74.90 / 75.40 / 76.40 / 77.20 Gold - Range-bound Market -Buy Levels: 2,659 / 2,654 / 2,649 / 2,644 / 2,635 -Sell Levels: 2,669 / 2,676 / 2,681 These strategies are applicable only during pre-market hours, with profit-taking and stop-loss levels set as follows: Nasdaq: 15 points, Oil and Gold: 15–20 ticks. Trade successfully while keeping an eye on market indicators!
CME_MINI:NQ1!
by Futureguard
BUY Rating: SBC Medical Group – A Compelling Growth StorySBC Medical Group Holdings (NASDAQ: SBC), a leader in end-to-end solutions for aesthetic clinics, has earned a "BUY" rating, reflecting its robust growth trajectory and strategic expansion initiatives. The company’s recent performance and forward-looking plans justify its valuation, presenting an attractive opportunity for investors. Valuation and Market Position Compared with SBC’s current price with a valuation target of $11, underscores its growth potential. Despite facing challenges like fluctuating exchange rates and integration costs from recent acquisitions, the company’s fundamentals remain strong. SBC’s market capitalisation stands at $697 million, supported by an annual revenue estimate of $217 million for 2024, reflecting a year-over-year growth of 12%. While SBC operates in the competitive medical aesthetics space, its comprehensive suite of consulting, marketing, and equipment leasing services distinguishes it from peers. The company’s ability to generate steady revenue and expand profit margins highlights its efficiency in leveraging its unique business model. International Expansion Driving Growth A pivotal driver of SBC's growth is its strategic acquisition of Aesthetic Healthcare Holdings (AHH) in Singapore. AHH operates 21 outlets under established brands like SkinGo! and The Chelsea Clinics. Singapore's business-friendly regulatory environment, strong economic growth, and status as a regional hub make it an ideal base for SBC’s expansion into Southeast Asia. Singapore’s GDP growth and high levels of U.S. foreign direct investment further validate SBC’s choice to focus on the region. This acquisition not only accelerates SBC's regional footprint but also positions the company to capitalise on the growing demand for aesthetic services across Asia. Financial Highlights SBC’s Q3 2024 revenue reached $53.1 million, a 12.3% year-over-year increase, with gross profit rising to $43.2 million and margins improving to 81.5% from 70.9% in the prior year. This growth was driven by a shift toward higher-margin revenue streams, including royalty income (29.6% of revenue) and procurement services (33.1%). The company’s decision to discontinue its lower-margin management services business has further enhanced its profitability. Net income for the quarter was $2.8 million, or $0.03 per share, with strong contributions from franchisee expansion and increased demand for aesthetic treatments. Financial Flexibility SBC's financial position is robust, with $137.4 million in cash and equivalents and less than $15 million in long-term debt as of Q3 2024. This financial flexibility enables the company to fund its growth strategies, including further acquisitions and geographic expansion. Strategic Initiatives Beyond its international expansion, SBC has entered partnerships to enhance customer loyalty and corporate wellness offerings. Its alliance with MEDIROM Healthcare in Japan integrates the loyalty programs of both companies, providing access to over 4 million members. SBC also launched SBC Wellness to offer corporate clients improved employee benefits, tapping into the growing demand for wellness services. Growth Catalysts The rising global acceptance of aesthetic medicine, coupled with SBC’s established expertise in high-demand procedures such as liposuction, breast augmentation, and eyelid surgery, positions the company for continued growth. With low market penetration for these services in Japan (estimated at 10%), there is significant upside as demand grows among younger and middle-aged demographics. Risks and Outlook While SBC faces risks such as foreign exchange fluctuations and potential challenges in integrating new acquisitions, its strong balance sheet and strategic focus mitigate these concerns. As the company continues to execute its growth initiatives, share price appreciation and valuation multiple expansion are likely. Conclusion SBC Medical Group Holdings presents a compelling investment opportunity, with a clear path to growth through strategic international expansion, enhanced profitability, and innovative partnerships. Its current valuation offers an attractive entry point for investors seeking exposure to the growing medical aesthetics sector. With strong financials and a proven business model, SBC is well-positioned to deliver long-term shareholder value.
NASDAQ:SBCLong
by HASHInvests200