Is The Nasdaq Bullish? Moving Higher Tomorrow...?In this video, we will analyze the NASDAQ futures for Friday, May 2nd.
Markets are looking tradeable again.
NQ has swept an old high, and retraced today. I like the location of the bullish FVG right below... which price has just tapped into a little while ago.
Look for the reaction from that +FVG, and trade accordingly.
Enjoy!
May profits be upon you.
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Nasdaq
NASDAQ: 50% probability that this Golden Cross is bearish.Nasdaq is bullish on its 1D technical outlook (RSI = 60.920, MACD = 61.810, ADX = 33.031) as it continues its recovery from the Low of the previous month. In the meantime, it formed a 4H Golden Cross, the first since January 23rd. Even though this is a bullish pattern theoretically, it often doesn't deliver an immediate rise. More specifically, since the October 2022 market bottom, Nasdaq has had another 10 Golden Crosses on the 4H timeframe. The interesting statistic is that 5 have extended their rallies but the other 5 cuased a pullback (short or medium term). Consequently we call for caution in the next 2 weeks, as the market may correct towards the 4H MA200 before it resumes the long term uptrend.
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Mega Cap Tech Setting a Head & Shoulders – Breadth Collapse IncoICEUS:NYFANG (FANG+) is showing a textbook Head & Shoulders pattern — Left Shoulder, Head, and a freshly printed Right Shoulder.
The setup becomes even more concerning when you combine it with the Nasdaq Oscillator, which just printed an identical spike to the one that marked the 2024 top.
🧠 Here's the backdrop:
Netflix, Meta, Google, and Microsoft have already had their post-earnings moonshots.
Tonight it’s Amazon and Apple — the last two horses in the race (Nvidia is still weeks away).
Breadth is collapsing — this rally is being carried by fewer and fewer names.
📉 Breakdown below the neckline could mean:
🔻 –25% correction (minimum)
🚨 Potential –50% wipeout if the neckline fails
NASDAQ INDEX (US100): Time for Pullback
There is a high chance that US100 will retrace from the underlined
blue daily resistance.
I spotted a double top pattern on a 4h time frame after its test
and a nice bearish imbalance candle that was formed
during the NY session yesterday as confirmations.
Goal - 19590
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NVDA Day Trade Plan for 04/29/2025NVDA Day Trade Plan for 04/29/2025
📈 111.90 109.90
📉 105.90 103.90
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Please like and share for more ES/NQ levels Tues & Thurs 🤓📈📉🎯💰
*These levels are derived from comprehensive backtesting and research and a quantitative system demonstrating high accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
TQQQ Day Trade Plan for 04/29/2025TQQQ Day Trade Plan for 04/29/2025
📈 55.10 55.60
📉 52.10 51.60
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Please like and share for more ES/NQ levels Tues & Thurs 🤓📈📉🎯💰
*These levels are derived from comprehensive backtesting and research and a quantitative system demonstrating high accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
TSLA Day Trade Plan for 04/29/2025TSLA Day Trade Plan for 04/29/2025
📈 299 305
📉 274.50 268.50
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Please like and share for more ES/NQ levels Tues & Thurs 🤓📈📉🎯💰
*These levels are derived from comprehensive backtesting and research and a quantitative system demonstrating high accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
MNQ1!/NQ1! Day Trade Plan for 05/01/2025MNQ1!/NQ1! Day Trade Plan for 05/01/2025
📈 20130 20219
📉 19770 19700
Thanks to all my followers! Truly appreciate the support!
Please like and share for more ES/NQ levels Tues & Thurs 🤓📈📉🎯💰
*These levels are derived from comprehensive backtesting and research and a quantitative system demonstrating high accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
MNQ1!/NQ1! Day Trade Plan for 04/29/2025MNQ1!/NQ1! Day Trade Plan for 04/29/2025
📈 19560 19685
📉 19185 19060
Thanks to all my followers! Truly appreciate the support!
Please like and share for more ES/NQ levels Tues & Thurs 🤓📈📉🎯💰
*These levels are derived from comprehensive backtesting and research and a quantitative system demonstrating high accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
NASDAQ testing its 1D MA50. Break-out or Fake-out?Nasdaq (NDX) has reached its 1D MA50 (blue trend-line) for the first time since February 24. Following the (near) rebound on the 1W MA200 (orange trend-line), this looks like a textbook recovery from a correction to a new long-term Bullish Leg.
Chronologically the last such correction was the March 2020 COVID flash crash, which after it almost touched the 1W MA200, it recovered as fast as the current rebound and when it broke above its 1D MA50, it turned it into the Support of the new long-term Bullish Leg.
What wasn't a break-out but a fake-out was the rebound after the June 13 2022 (near) 1W MA200 rebound, when the break above the 1D MA50 was false as it produced a new rejection and sell-off later on. The difference is that 2022 was a technical Bear Cycle both in terms of length and strength.
Whatever the case, Nasdaq has seen the lowest 1W RSI (oversold) reading among those 3 bottoms. So do you think today's 1D MA50 test is a break-out or fake-out?
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Nasdaq: Where should I buy from next? New bullish orderblockWe are hunting the next buyzone already. The correction zone is printing now.
This is how you accurately forecast your next entry ahead of time. Learn how corrections should work. Long below higher time frame (Hourly/Daily/Weekly) lows is the name of the game.
This should be easy work, and you can feel free to look for longs below 15m lows on the way to the targets above. Once we hit those, we should look for correction after closing below hourly candles, the same way we were able to freely take long after close above hourly candles today just as I prescribed while it was dropping.
This is just the rules of the game 🔓 gotta be sharp enough to observe them and trust the mechanics. Thanks for tuning in
Is Nasdaq still bullish? Steep correction today as expectedIf you look at my last post, you can see where I explained the expectation.
As range theory would state, the rejection from the bottom of a range creates a target in the high of the range. I have identified the candle top that I believe is the target for this rally.
If the bearish imbalance is stacked with too many orders we will not make it there. We are sitting right around the 50EMA for hourly as well as retesting the break point and bottom of the hourly bearish orderblock as I have marked.
It is in my opinion that the Void will act as a magnetic anomaly and assist in pulling price up as many institutional orders will be in that range, but we'll see 🔑
Share with a friend in need of real guidance 🫡
NASDAQ: Rejected on the 1D MA50. Can it break it?Nasdaq is neutral on its 1D technical outlook (RSI = 52.608, MACD = -100.810, ADX = 23.609) as it got rejected today on the 1D MA50. That is the first serious Resistance test of the April 7th rebound and until it breaks, we can see a technical pullback to the 4H MA100 in order to establish the new Support. With the 1D RSI confirmed the new long term bottom with a DB, buying the dips on every such pullback is the most effective strategy on such occasions. Our short term target is the R1 level (TP = 20,300).
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Perpetua – Unlocking Strategic Gold & Critical Mineral Value Project Focus:
Perpetua NASDAQ:PPTA is advancing the Stibnite Gold Project—a rare dual-value asset with both economic and national security significance.
Key Catalysts:
Federal Backing Accelerates Permitting 🏛️
Labeled a “Transparency Project” by the White House
Streamlined permitting process → lowers execution risk, expedites timeline
Outstanding Economics 💰
$3.7B after-tax NPV, 27%+ IRR at spot prices
AISC: $435/oz in early years → Tier-one margins + downside protection
Antimony Exposure: Critical Strategic Edge 🇺🇸
One of the few domestic sources of antimony, vital for:
Defense applications
Battery storage technologies
Geopolitical importance enhances long-term value proposition
Environmental Remediation Built-In 🌱
Project includes restoration of a legacy mining site → aligns with ESG frameworks and broadens support base
Investment Outlook:
✅ Bullish Above: $11.50–$12.00
🚀 Target Range: $18.00–$19.00
🔑 Thesis: Tier-1 economics + critical mineral relevance + federal backing = asymmetric upside for long-term investors
📢 PPTA: A gold play with strategic minerals and federal momentum behind it.
#Gold #CriticalMinerals #Antimony #MiningInnovation #EnergySecurity #PPTA
NASDAQ Recovery Looks Fragile Below 20,500After the steep drop to 16,300, NAS100 started to recover, forming a higher low and managing to break back above the falling trendline drawn from the all-time high (ATH).
While these are positive developments, in my opinion, the trend is likely to reverse to the downside soon.
Technically, the index is now entering a heavy resistance zone, marked by:
• The golden sell zone between the 50% and 61.8% Fibonacci retracement,
• Psychological resistance at 20,000,
• Major horizontal resistance around 20,500.
As long as the price remains below 20,500, I favor short trades, targeting a potential drop to at least 18,000
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
TSLA Potential Post Tariff Resolution Bullish RallyDespite uncertainty still looming over the current global tariff based environment, TSLA price still seems to exhibit signs of a potential Bullish breakout as the price action may form a prominent Higher Low on the longer timeframes with multiple confluences through key Fibonacci and Support levels which presents us with a potential Non-Leverage hold opportunity.
Entry: CMP 292
Stop Loss: 90 or 0 (depends on trading style as Non-Leverage Buy & Hold is recommended)
Potential Range for Targets: 470 - 550
$QQQ Inverse H&S ready to GO!NASDAQ:QQQ
We’ve spotted an Inverse Head & Shoulders breakout on the 1-hour chart, and we’re currently in the retest phase.
- Measured Move (MM): $483.55
- Measured Timeframe (MT): May 1st @ 7 PM
Let’s see if we can maintain momentum tomorrow and steer clear of any unexpected news or market shocks tonight.
Not financial advice
Invest in STRL: Ride the Coming US Digital Infrastructure Surge◉ Abstract
Sterling Infrastructure (NASDAQ: STRL) is a top pick to benefit from America's digital infrastructure boom, with the sector expected to grow 26% annually through 2034. The company specializes in data centers, 5G networks, and smart city projects, supported by a $1 billion backlog and improving profit margins. While risks like regional market shifts and housing demand exist, STRL's fundamentals are strong—revenue grew 7% in 2024, debt is manageable, and its P/E ratio (17.9x) looks cheap compared to peers (70.5x).
Technically, the stock shows bullish patterns after pulling back 35% from highs. With government infrastructure spending rising and strategic acquisitions likely, STRL could deliver 35-40% returns in the next 12-14 months. A good option for long term investing!
Read full analysis here...
◉ Introduction
The U.S. digital infrastructure market, valued at approximately USD 140 billion in 2024, is expanding rapidly, with a projected CAGR of 26.4% through 2034. This growth is driven by factors like the expansion of 5G networks, increased demand for data centers, rising cloud services adoption, AI automation, and investments in smart cities and edge computing. The 5G infrastructure segment alone is expected to grow at a CAGR of 20.2%, reaching USD 17.26 billion by 2030. North America holds a 42.8% share of the global market.
◉ Key Trends and Opportunities
1. Data Centers: Demand continues to rise, driven by cloud computing, AI, and data-intensive applications. Power availability and location are becoming critical, with providers moving to secondary markets to secure reliable energy sources.
2. Fiber Networks: Expansion is underway to support new data centers and remote connectivity needs. Middle-mile and long-haul fiber, as well as fiber-to-the-home (FTTH), are key areas of investment and consolidation.
3. 5G and Wireless: Ongoing rollout of 5G networks is fueling growth in hardware and network densification, with increased activity expected in wireless infrastructure and tower markets.
4. Edge Computing and Smart Cities: The proliferation of IoT devices and smart city initiatives is driving demand for edge data centers and low-latency networks.
5. Mergers and Acquisitions: The market is seeing consolidation, especially in fiber and data center segments, as major players acquire smaller firms to expand their footprint and capabilities.
Today, we’ll focus on Sterling Infrastructure (STRL), a key player navigating the U.S. infrastructure market.
This report provides a detailed look at STRL's technical and fundamental performance.
◉ Company Overview
Sterling Infrastructure Inc. NASDAQ:STRL is a U.S.-based company specializing in e-infrastructure, transportation, and building solutions. It operates through three key segments: E-Infrastructure Solutions, which focuses on site development for data centers, e-commerce warehouses, and industrial facilities; Transportation Solutions, handling infrastructure projects such as highways, bridges, airports, and rail systems for government agencies; and Building Solutions, providing concrete foundations and construction services for residential and commercial projects. Originally founded in 1955 as Sterling Construction Company, the firm rebranded to its current name in June 2022. Headquartered in The Woodlands, Texas, the company serves a wide range of sectors, including logistics, manufacturing, and public infrastructure.
◉ Investment Advice
💡 Buy Sterling Infrastructure NASDAQ:STRL
● Buy Range - 148 - 150
● Sell Target - 200 - 205
● Potential Return - 35% - 40%
● Approx Holding Period - 12-14 months
◉ SWOT Analysis
● Strengths
1. Strong E-Infrastructure Backlog – With over $1 billion in backlog, Sterling has a robust pipeline of future projects, ensuring sustained revenue growth.
2. Higher-Margin Services Shift – The company’s strategic focus on higher-margin work (21% gross profit margin in Q4) improves profitability without relying solely on volume.
3. E-Infrastructure Growth Potential – Expected 10%+ revenue growth and 25%+ operating profit growth in 2025 position Sterling for strong earnings expansion.
4. Strategic M&A Opportunities – Strong liquidity allows for accretive acquisitions, enhancing market share and service offerings.
5. Share Repurchase Program – Active buybacks reduce outstanding shares, potentially boosting EPS and shareholder value.
● Weaknesses
1. Texas Market Transition Risks – Moving away from low-bid work in Texas may slow revenue growth in the Transportation segment if not managed well.
2. Revenue Loss from RHB Deconsolidation – Excluding $236 million in RHB revenue could distort growth metrics and reduce reported earnings.
3. Residential Market Pressures – A 14% decline in residential slab revenue (due to DFW affordability issues) could persist if housing demand weakens further.
4. Geographic Expansion Challenges – High costs and logistical hurdles in expanding data center projects outside core regions may limit growth opportunities.
5. Competitive Bidding & Acquisition Risks – Difficulty in securing profitable acquisitions or winning competitive bids could hinder margin and revenue growth.
● Opportunities
1. Data Center & E-Commerce Boom – Rising demand for data centers and distribution facilities presents long-term growth potential for E-Infrastructure.
2. Government Infrastructure Spending – Federal and state investments in highways, bridges, and airports could boost Transportation Solutions revenue.
3. Strategic Acquisitions – Pursuing complementary M&A deals could expand capabilities and market reach.
4. Diversification into New Regions – Expanding into underserved markets could reduce dependency on Texas and mitigate regional risks.
5. Operational Efficiency Improvements – Further margin expansion through cost optimization and technology adoption.
● Threats
1. Economic Slowdown Impact – A recession could reduce demand for residential and commercial construction, affecting Building Solutions.
2. Rising Interest Rates – Higher borrowing costs may pressure profitability and delay large-scale projects.
3. Labor & Material Cost Inflation – Increasing wages and supply chain disruptions could squeeze margins.
4. Intense Competition – Rival firms competing for the same infrastructure projects may drive down pricing and profitability.
5. Regulatory & Permitting Delays – Government approvals and environmental regulations could slow project execution.
◉ Revenue & Profit Analysis
● Year-on-Year
➖ FY24 sales reached $2,116 million, reflecting a 7.28% increase compared to $1,972 million in FY23.
➖ EBITDA rose to $334 million, up from $264 million in FY23.
➖ EBITDA margin improved to 15.8%, up from 13.4% in the same period last year.
● Quarter-on-Quarter
➖ Q4 sales decreased to $499 million, down from $593 million in Q3, but showed a slight increase from $486 million in Q4 of the previous year.
➖ Q4 EBITDA was $80.3 million, down from $105 million in Q3.
➖ Q4 diluted EPS saw a notable rise, reaching $8.27 (LTM), up from $5.89 (LTM) in Q3 2024.
◉ Valuation
1. P/E Ratio (Price-to-Earnings)
● Current vs. Peer Average
➖ STRL’s P/E ratio is 17.9x, much lower than the peer average of 70.5x, suggesting the stock is undervalued compared to peers.
● Current vs. Industry Average
➖ Compared to the broader industry average of 22.9x, STRL again looks relatively inexpensive at 17.9x.
2. P/B Ratio (Price-to-Book)
● Current vs. Peer Average
➖ STRL’s P/B ratio stands at 5.7x, slightly higher than the peer average of 5x, indicating overvaluation.
● Current vs. Industry Average
➖ Against the industry average of 3.6x, STRL’s 5.7x P/B ratio suggests a noticeable overvaluation.
3. PEG Ratio (Price/Earnings to Growth)
➖ STRL’s PEG ratio is 0.21, which means the stock appears undervalued relative to its strong expected earnings growth.
◉ Cash Flow Analysis
➖ Sterling Infrastructure's operating cash flow grew to $497 million in FY24, up from $479 million in FY23, showing steady financial strength.
◉ Debt Analysis
➖ The company's debt-to-equity ratio is 0.38, indicating a healthy balance sheet with manageable debt levels.
◉ Top Shareholders
➖ The Vanguard Group has significantly increased its investment in this stock, now owning an impressive 8.3% stake, which marks a 30% rise since the end of the September quarter.
➖ Meanwhile, Blackrock holds a stake of around 8% in the company.
◉ Technical Aspects
➖ On the monthly chart, the stock remains in a strong uptrend.
➖ On the daily chart, an Inverted Head & Shoulders pattern has formed, signaling a potential breakout soon.
➖ The stock is currently trading at about 35% below its all-time high, making it an attractive investment opportunity.
◉ Conclusion
Sterling Infrastructure (STRL) stands out as a strong investment candidate, backed by solid financial performance, a growing E-Infrastructure backlog, and a strategic focus on higher-margin projects. Its attractive valuation, healthy cash flow, and low debt levels provide further confidence in its growth potential. While there are challenges—such as market competition, geographic expansion hurdles, and economic uncertainties—Sterling’s strengths, including a robust project pipeline, strategic acquisitions, and exposure to high-growth sectors like data centers and 5G infrastructure, offer a favorable risk-reward balance. Overall, Sterling is well-positioned to benefit from the ongoing U.S. e-infrastructure boom, making it an attractive long-term investment opportunity.
Google Ruling Could Be Very Bullish for TTDA U.S. judge has found Google guilty of illegally monopolizing the digital advertising technology markets. The monopolization of both the demand and supply sides has been a long-standing concern for the rest of the digital advertising sector.
This ruling may significantly benefit The Trade Desk (TTD), as it operates as an independent demand-side platform. The digital advertising market is projected to exceed $600 billion in 2025, and Google currently believed to be controls nearly 30% of that. Even a 5% slip in Google’s market share, with TTD capturing just 10% of that shift, could nearly double TTD's revenue. As a result, this ruling is can be considered very bullish for TTD, both in the medium and long term.
Technically, TTD recently tested the $40 level, a key support that has held since Q4 of 2020, indicating the stock is currently in a strong demand zone. With this news, the likelihood of that support holding and a bullish reversal increases.
Analyst consensus reflects an 85.8% upside potential. If the bullish scenario plays out, the horizontal level at $60 and the 200-day moving average could serve as key medium-term targets. From current levels to the 200-day SMA, the potential return is close to 50%.
"This is fine" on Nasdaq?The general sentiment coming into this week is that the bear trend is over and "things are fine." Maybe. This morning there was a 30m opening spike on NASDAQ:QQQ I cannot ignore. It is happening right at the big Daily 50% Retracement of the leg down:
The level is even more prominent on Nasdaq futures and one can add the Volume Profile Point of Control to said level.
CME_MINI:NQ1!
Playing this with June Puts on QQQ but going to use today's high as a tight stop. We'll see what "Sell in May" brings...