Nasdaq100
Nasdaq US100: Positioned for a Breakout to New Highs!After a deep retrace on the daily timeframe, I’ve initiated a long position on the Nasdaq US100. The plan is to ride this wave back to its Higher High, capitalizing on the recovery momentum.
Technical Insight:
• Key Structure: The market has shown strong respect for the current retracement levels, providing a solid base for a bounce.
• Trendline Support: Price action aligns well with the trendline channel, indicating potential for upward continuation.
• Fib Levels: The pullback reached a critical zone, signaling that buyers may step in to push the price higher.
Let’s see how this plays out! Always remember to trade with proper risk management and pay yourself along the way!
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
Today analysis for Nasdaq, Oil, and GoldNASDAQ
The NASDAQ closed early due to the U.S. market holiday, and yesterday’s and today’s daily candles will merge into one. As anticipated, the U.S. market showed an upward trend, but it is likely to exhibit sideways or downward movement during the pre-market and regular trading sessions today.
While the daily chart has generated a buy signal, confirmation will only occur if today’s candle closes as a bullish one. With significant resistance levels overhead, the market needs a strong bullish candle to widen the gap between the MACD and signal line. Failure to generate such a rally may lead to repeated resistance at the upper levels and increase the likelihood of a downturn.
On the 240-minute chart, no sell signal has been generated yet, but the market appears to be absorbing overhead supply. If a MACD dead cross emerges, the buy signal on the daily chart may fade, potentially reversing the trend to bearish. Avoid chasing prices and refer to yesterday’s detailed pre-market analysis for further context.
CRUDE OIL
Crude oil closed lower, correcting down to the 10-day moving average. After a brief consolidation at the $76 support, it declined further. The $74–$75 range serves as a critical support level and aligns with the 5-day moving average on the weekly chart. Buying on dips within this range is favorable. However, it is advisable to enter at lower levels, as rebound risks make shorting less viable.
On the 240-minute chart, the MACD is falling towards the zero line, steepening its angle against the signal line. Even if oil rebounds from key support levels, it may face further selling pressure, as a MACD golden cross appears unlikely. Since yesterday’s expected downtrend materialized, today’s strategy should focus on cautious dip-buying at lower levels.
GOLD
Gold closed lower, finding support near the 5-day moving average as anticipated in yesterday’s analysis. The strong pullback to the 5-day moving average provides a reasonable entry point for buying on dips. However, the weekly chart indicates potential for further downside, suggesting short-term positions to manage risk effectively.
On the 240-minute chart, a sell signal has emerged as a head-and-shoulders pattern broke its neckline. A further drop below 2730 could lead to additional downside toward the 2718 support level, where dip-buying may be considered. The MACD and signal line remain significantly below the zero line on the 240-minute chart, increasing the likelihood of a rebound at key support levels.
Avoid aggressive short-selling and note that the broader trend remains bullish, as gold's daily chart exhibits strong buying momentum. Focus on buying near major support levels during pullbacks for a favorable risk-to-reward ratio. Manage your risk carefully and best of luck with your trades today.
■Trading Strategies for Today
NASDAQ - Range-bound Market
-Buy: 21660 / 21620 / 21570 / 21510 / 21480 / 21350
-Sell: 21780 / 21880 / 21940 / 22005
Crude Oil - Bullish Market
-Buy: 75.70 / 74.95 / 74.50
-Sell: 77.50 / 77.85 / 78.25 / 78.65 / 79.10
Gold - Bullish Market
-Buy: 2726 / 2716 / 2708 / 2700
-Sell: 2738 / 2747 / 2753 / 2758
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!
Trump's inauguration sends the Tech sector's 'time to shine'The 2nd inauguration of Donald Trump (now to sworn as the 47th president of the United States) is here and expected to take place on Monday, January 20, 2025.
Crowds are gathering in Washington DC in freezing conditions ahead of this most anticipated over past several months event.
Tech sector stocks are about to have a welcome moment also.
The main technical graph for Nasdaq-100 indicates here's "time to shine" as positive fundamental and technical catalysts converge.
A rising potential for AI monetization via agentic AI as a technology can autonomously accomplish complex tasks on the user's behalf.
The fact is that widespread AI adoption has happened heavily more rapidly than PC and internet adoption in prior major technology cycles, which could mean that AI is closer than expected.
As a result, qualitative commentary on ramping up enterprise AI adoption during earnings calls will likely evolve into indications of incremental revenue boosts this year, before more meaningful monetization as early as 2026, they add.
Such a trajectory would likely be a welcome development for many AI investors who expressed worries last summer after pouring such huge amounts of money into the tech with little signs of a return on investment.
In technical terms, Tech heavy Nasdaq-100 futures has been supported a week ago by 100-Day SMA, and now an epic breakthrough of the Reversed Head-and-Shoulders technical figure is coming.
Descending Bearish channel seems is clearly broken in this time.
Weekly and Today analysis for Nasdaq, Oil, and GoldNASDAQ
NASDAQ closed higher, breaking above the upper trendline resistance on the daily chart. On the weekly chart, the sell signal is still active, and the MACD has yet to cross above the signal line. Therefore, even if the market rises early this week, it could potentially retreat again. This underscores the need to avoid chasing highs.
On the daily chart, a buy signal was generated with today’s candle, but it is not confirmed by yesterday’s action. If today’s session ends with a bearish candle, the buy signal could disappear. For a sustained upward move, today must close with a bullish candle and create a clear buy signal. Furthermore, for this signal to be meaningful, the signal line must move above the zero line, with a wider divergence between the MACD and the signal line driven by additional gains.
On the 240-minute chart, a long bullish candle has created a potential third wave up. Breaking through the upper trendline is significant, but whether this uptrend will continue remains uncertain. Additionally, with U.S. markets closed today for Martin Luther King Jr. Day, today's and tomorrow’s daily candles will be combined. Expect sideways movement with a bullish tilt today, with the main market session tomorrow likely determining the direction. Focus on buying on dips while avoiding chasing highs.
CRUDE OIL
Crude oil closed lower, forming an upper wick on the daily chart. On the weekly chart, the price is significantly distanced from the 3-day and 5-day moving averages, suggesting that this week could see consolidation or a pullback from the $79 resistance level.
On the daily chart, crude has fallen below the 5-day moving average, now trading within a range between the 5-day and 10-day moving averages. The $74–$75 range represents an attractive buy zone during a pullback. This area aligns with the weekly 5-day moving average, making it a critical level to watch.
Around $76, where the 10-day moving average lies, significant support exists on intraday charts. Observing whether this level holds on the first test is crucial. On the 240-minute chart, the MACD remains significantly above the zero line, favoring continued buying on dips. The first key support is around $76, and the second is in the $74–$75 range, where the MACD could attempt another bullish crossover. Be mindful of reduced trading volumes due to the U.S. market holiday and focus on range-bound strategies.
GOLD
Gold faced resistance near the 2760 level, closing with a doji candle. On the weekly chart, the MACD is diverging from the signal line, suggesting that further upside may face resistance around the 2785 level. If the MACD on the weekly chart fails to form a golden cross, a pullback may occur.
On the daily chart, the strong buy trend remains intact, favoring a buy-focused strategy. However, on the 240-minute chart, a potential dead cross could signal short-term corrections. With U.S. markets closed today and tomorrow, gold could dip to the 5-day moving average, creating buying opportunities during pullbacks.
For today, short-term selling at highs with a focus on key support levels for buying on dips is recommended. Sideways movement during pre-market hours may continue, with tomorrow’s main session likely setting the next direction. Stick to box-range trading and take advantage of key opportunities if prices reach critical levels.
With U.S. markets closed on Monday, reduced trading volumes make box-range trading strategies more effective. Use this time to prepare for potential opportunities at key levels. Stay diligent with risk management, and have a successful trading week ahead.
■Trading Strategies for Today
NASDAQ - Range-bound Market
-Buy: 21510 / 21480 / 21350 / 21310 / 21270
-Sell: 21650 / 21740 / 21780 / 21880
Crude Oil - Bullish Market
-Buy: 76.90 / 76.30 / 75.70 / 74.95
-Sell: 77.80 / 78.25 / 78.60 / 79.00
Gold - Bullish Market
-Buy: 2730 / 2723 / 2719 / 2715
-Sell: 2747 / 2753 / 2758 / 2762 / 2777
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!
XLP vs SPY: Staples vs SPYConsumer staples vs SPY is at historical lows on the monthly chart. Last time it touched multi year low, then we saw a multi-year Bull market from 2000-2007. XLP had a fantastic bull run against the indexes like SPY and QQQs during the Great Financial Crisis (GFC) and reached ATH during 2009. Since then, the XLP has been bleeding against the S&P 500. It tried to reclaim the high in 2026 but suffered failed top. Since 2016 the ratio has been in a bear market and makes lower lows and lower highs. Recently it broke the multi-year low and is making lower lows. Weakness in Staples indicates a risk on trade in favor of the momentum indices like SPY and QQQ.
SL HIT ON NASDAQAs I post my winning trades, I'm going to post my losing one, so people, especially beginners know that trading isn't always wins and wins, and no strategy always brings back profits for you.
Every strategy has downsides and upsides, this is the first thing I teach to my students who fully understands it.
In case you wondered how I trade, I'm a reversal based trader. hich means I trade reversals, ans as every strategy it works 80% of the time and having a losing day of the week, but the unforgivable thing is to let your emotions take over your trading and lose all the profits you made.
The first thing I teach is don't let your emotions take over your trading, and don't make more than 2 losing trades a day. STICK TO THE PLAN.
Follow for more!
NASDAQ EVEN BETTER THAN PLANNEDThe new blue line is our new ideal forecast, staying in between the possibilities the green and lower blue lines give, but wow this is even bigger than we thought. We caught a good one.
Technical Analysis:
The NASDAQ 100 index has shown strong upward momentum, recently breaking out above a key resistance level at 15,000. It is trading above its 50-day and 200-day moving averages, signaling a sustained uptrend. The RSI is trending higher but remains below overbought levels, indicating further upside potential. MACD has crossed into bullish territory, confirming positive momentum.
Immediate resistance lies at 15,500, with a break above this level potentially targeting 16,000, the year’s high. On the downside, 15,000 now acts as key support, with additional support at 14,700. The index remains in a solid uptrend, supported by higher lows and strong buying pressure on dips.
Fundamental Analysis:
The NASDAQ is benefiting from a favorable macroeconomic environment and strong earnings reports from major tech companies. Optimism around artificial intelligence and innovation continues to drive investor interest, with tech stocks leading the charge.
Meanwhile, the Federal Reserve’s signal that it may pause further rate hikes due to cooling inflation has supported growth stocks, which are highly sensitive to interest rate changes. Lower yields also make tech valuations more attractive, fueling buying interest.
Additionally, the U.S. economy has shown resilience, with solid GDP growth and a strong labor market. This combination of steady economic conditions and a less aggressive Fed has created a favorable environment for the NASDAQ.
Key Catalysts to Watch:
Upcoming earnings reports, especially from major tech companies.
Federal Reserve updates, including comments on interest rate policy.
U.S. economic data, such as inflation and GDP figures.
Sentiment around innovation sectors like AI, semiconductors, and cloud computing.
XAUUSD, EXCACTLY AS PLANNED IN OUR LAST POSTTechnical Analysis:
XAU/USD (Gold) has shown strong bullish momentum, trading comfortably above the 50-day and 200-day moving averages, which signal a sustained uptrend. The price recently broke a key resistance level at $1,950, which now acts as strong support. Momentum indicators like the RSI are in bullish territory but remain below overbought levels, suggesting room for further upside. The MACD histogram is widening, indicating increasing bullish momentum.
The next key resistance lies at $2,000, a psychological level, followed by $2,030, a recent multi-month high. A confirmed break above $2,000 could set the stage for a move toward $2,050. On the downside, support at $1,950 and $1,920 will be critical to watch for any potential retracement.
Fundamental Analysis:
Gold's bullish outlook is driven by a combination of macroeconomic and geopolitical factors. Concerns over global economic slowdown, persistent geopolitical tensions, and central banks maintaining high levels of gold reserves are supporting safe-haven demand.
In the U.S., softer inflation data and dovish signals from the Federal Reserve have weakened the dollar, making gold more attractive for international buyers. Additionally, Treasury yields have started to stabilize, reducing the opportunity cost of holding non-yielding assets like gold.
Furthermore, with the Chinese economy showing signs of recovery and increased demand for physical gold from Asia, gold prices are expected to remain well-supported in the near term. Central bank buying also continues to provide a long-term tailwind for prices.
Key Catalysts to Watch:
U.S. economic data, particularly inflation and labor market reports.
Fed policy updates and FOMC meeting minutes.
Developments in geopolitical hotspots that could spur safe-haven flows.
Demand trends from major gold-importing countries like China and India.
CHFJPY ON THE MOVETechnical Analysis:
CHF/JPY continues its bullish trajectory, trading above key moving averages, including the 50-day and 200-day lines. The pair recently broke above resistance at 151.50, now turned support, with the next resistance zone at 153.00. Momentum indicators like RSI remain strong but not yet overbought, while the MACD confirms the upward trend. A sustained break above 153.00 could target 154.50 in the near term.
Fundamental Analysis:
The Swiss franc remains supported by safe-haven demand, while the Japanese yen is pressured by the Bank of Japan's ultra-loose monetary policy. Despite minor adjustments to yield curve control, the BoJ’s dovish stance contrasts with Switzerland's relatively steady monetary environment. This policy divergence and risk sentiment dynamics favor CHF appreciation against JPY.
USDCHF GOING UPTechnical Analysis:
The EUR/USD is showing bullish momentum, breaking above key resistance levels. The pair is trading above its 50-day and 200-day moving averages, confirming an uptrend. A bullish crossover in the MACD and rising RSI suggest further upside potential. Key resistance is at 1.10, with support holding strong at 1.085. A breakout above 1.10 could open the path toward 1.12.
Fundamental Analysis:
The Euro is supported by robust economic data, including better-than-expected PMI figures and hawkish signals from the ECB. Meanwhile, the USD is under pressure as the Fed signals a pause in rate hikes amid cooling inflation. Diverging monetary policies and improving sentiment in the Eurozone favor further EUR/USD gains.
EURUSD GOING UPEUR/USD: Why It’s Heading Higher
Technical Analysis:
The EUR/USD is showing bullish momentum, breaking above key resistance levels. The pair is trading above its 50-day and 200-day moving averages, confirming an uptrend. A bullish crossover in the MACD and rising RSI suggest further upside potential. Key resistance is at 1.10, with support holding strong at 1.085. A breakout above 1.10 could open the path toward 1.12.
Fundamental Analysis:
The Euro is supported by robust economic data, including better-than-expected PMI figures and hawkish signals from the ECB. Meanwhile, the USD is under pressure as the Fed signals a pause in rate hikes amid cooling inflation. Diverging monetary policies and improving sentiment in the Eurozone favor further EUR/USD gains.
Keep an eye on upcoming ECB speeches and U.S. employment data for potential volatility.
AUDJPY NEXT STEPAUDJPY is falling towards these two red lines ;
the first line is obvious, the tough thing to forecast is what's happening after reaching this one, does it go back up before reaching the next one ?
For us, its should be a "head and shoulders" pattern, meaning some pretty smooth but sure descent towards lower prices, without going back up.
Today analysis for Nasdaq, Oil, and GoldNASDAQ
NASDAQ closed lower, facing resistance near the 20-day moving average. It struggled at the midpoint of the long bearish candle formed on January 7 (21570), which coincides with the upper trendline resistance originating from the December 16, 2023 high (22450). The market's direction—whether it breaks above the upper trendline resistance around 21500 or reverts to the center of the downtrend—remains to be seen.
On the weekly chart, a sell signal has been triggered. On the daily chart, the significant gap between the MACD and signal line suggests a higher likelihood of continued downside. However, after consolidating around the center of Wednesday's large bullish candle, the market may trade sideways for a few days before determining its next direction.
On the 240-minute chart, both the MACD and signal line are above the zero line. After consolidating in a box range, the market may see a bullish third wave supported by the MACD holding above the signal line. Alternatively, a dead cross could form, signaling a shift to bearish momentum. For today, a range-bound strategy focusing on selling at highs and buying at lows is appropriate. Note that Fridays can often bring choppy price action.
CRUDE OIL
Crude oil closed lower after facing resistance at the upper monthly boundary. On the daily chart, the significant gap between the price and moving averages increases the risk of pursuing long positions at higher levels. If oil breaks below the 5-day moving average, the 10-day moving average or the $74–$75 range could act as support. A pullback to these levels would provide an opportunity for buying on dips.
The recent month-long rally has caused the MACD and signal line to diverge significantly above the zero line, supporting a buy-on-dip strategy during corrections. However, as mentioned previously, a sell signal has appeared on the 240-minute chart, along with MACD divergence, suggesting a higher probability of additional downside. The recent $79 rally could represent the head of a head-and-shoulders pattern, with the right shoulder acting as resistance upon a rebound. Below $76, strong support exists, so box-range trading near critical levels is recommended.
GOLD
Gold closed higher, supported by declining Treasury yields. The daily chart confirms a fully established uptrend, making it advantageous to focus on buying during pullbacks. Treasury yields, which have been inversely correlated with gold, are also showing sell signals, suggesting further downside in yields and strength in gold.
If gold breaks above the 2755 level, it could test the weekly chart resistance at 2788. However, resistance at this level may prevent the weekly MACD from forming a golden cross, leading to a consolidation phase over the next few weeks. On the 240-minute chart, strong buying momentum suggests a bullish third wave that could replicate the prior move from 2625 to 2735. With the clear daily trend and one-way price action, this is a favorable period for swing trading to maximize profits. Traders should consider this an opportunity to grow their accounts.
This week included major events like the CPI report. Next Monday, Donald Trump will officially be inaugurated as U.S. President. Given past market volatility during Trump's presidency, expect heightened price swings ahead. Always adhere to stop-loss levels and manage risks diligently. Wrap up the week well, and best of luck in your trading endeavors.
■Trading Strategies for Today
NASDAQ - Range-bound Market
-Buy: 21150 / 21090 / 21020 / 20940
-Sell: 21330 / 21370 / 21420 / 21490
Crude Oil - Bullish Market (March futures)
-Buy: 77.50 / 77.00 / 76.20 / 75.70 / 74.90
-Sell: 78.55 / 79.00 / 79.35 / 80.30
Gold - Bullish Market
-Buy: 2738 / 2729 / 2722 / 2715 / 2700
-Sell: 2757 / 2765 / 2772 / 2780 / 2788
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!
OUR TRADE TODAY ON NASDAQAs I said in the previous post, I didn't share today's trades, since my clients and I focused on recovering the losses silently without sharing the trades to public.
Our entry was after we got a reversal point in which we entered and targeted the PVL inside of the liquidity zone.
Follow for more!
! REALLY NOT SURE ABOUT THIS ONE ! GBPJPY FALLINGSince there are no indicators except for the RSI, it would seem logical with the current drawdown and divergence for the price to keep falling ;
however there's nothing sure about this, it is just an arrow showing the potential direction,
we'll update if we get more info
EURUSD GOING UPLow RSI + two consecutive accumulation areas means EURUSD going up ;
however the question is after this small rally, what s happening ?
That s the 1000$ question, the two yellow lines you see on the chart show that none of these schemes is more likely than the other one, we simply have no idea for now.
We'll have to wait for new elements and KL to determine that.
USDCHF TOWARDS THE SKYThere's not a lot of indications for this one, since there's no accumulation to reach.
However the low and divergent RSI gives us an idea of where the price is globally going, which is up.
Will add more information asap, when a new interesting KL or AA (accumulation area) gets created.