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Nasdaq100

NAS100 - End Of August - Are you not satisfied???Hello Traders. Come on guys, interact with the post if you seeing how accurate this is ! Notes for today Price tapped into our zone i mentioned in the previous post, 19,666 was to far but but 19,630 was my entry. Price was kind enough to come back to this point again today before NY killzone time. If you followed me from Monday, i mentioned we will see lower prices possibly up to 19,120. So far so good. If you caught it, you would be + 300 ticks minimum. For today, i am done. Will relook at the charts tomorrow. Trade safe 👌
OANDA:NAS100USDShort
by KingDee57
Nasdaq 100 Consolidates Ahead of Nvidia ReportNasdaq 100 Consolidates Ahead of Nvidia Report Today, after the main trading session ends, Nvidia (NVDA) – the second-largest company by market capitalisation and the leader of 2024 amid the AI boom – will release its second-quarter earnings report. It’s reasonable to assume that market participants are anticipating this event, which will likely trigger a surge in market volatility: → Nvidia shares (NVDA) have been fluctuating within the $123.50 – $131.00 range since 19 August; → Signs of anticipation are also evident on the technology index chart. A technical analysis of the Nasdaq 100 chart (US Tech 100 mini on FXOpen) shows that: → Starting from the 3-month low formed on 5 August, the recovery has created an ascending channel (shown in blue) – with the price in the upper half of the channel, indicating steady demand. → However, as the NVDA earnings report approaches, the price has retreated from the upper boundary and dropped towards the median (as indicated by the red lines). This could suggest a Bullish Flag pattern (a pattern of intermediate correction within an uptrend). → A concerning factor is that the growth rate slowed after the price surpassed the 1 August high. The psychological level of 20,000 points could also be acting as a barrier to further growth within the blue channel. In the event of a strong Nvidia (NVDA) report, the Nasdaq 100 index price (US Tech 100 mini on FXOpen) could break out of the Bullish Flag and continue its upward movement within the ascending channel. However, if the company disappoints, the price could drop to the lower boundary of the channel or even attempt a bearish breakout. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:NDQM
by FXOpen
Nas100 - End of August Update Hello Traders 🌍 So far so good, as mentioned yesterday. We making lower moves, ultimately i would like to see price move to 19,120 by the end of this week. Notes - Price left Friday's high + PWH intact - Created bearish displacement during NY am session - Total move plus 250 ticks from London - 4hr Gap zone showing good price reaction - Possible US tech selloff today i am anticipating a move lower, however will sit on my hands until we between 19,630 and 19,666 for OTE, if all works out well. Remember this is subjective price will tell us around 2:45am to 05:00am where it might want to go. Trade safe 👌
OANDA:NAS100USD
by KingDee57
The NASDAQ index is gearing up for new high. H4 20.08.2024The NASDAQ index is gearing up for new high NASDAQ index made a major segment overlap up and the question is if they are going to give a pullback before continuing the growth. Along the way they formed 2 important buy zones, but there is no culmination at the top. I expect a pullback down to the zones and then buying. Most likely we will push from the nearest zone 18920-19200 and then rise to test the high near 21000. Also, just in case I have specified the far zone of buyers 18400-18670, but it is unlikely that we will reach there.
TAIFEX:UNF1!Long
by KovachTrader
QQQ Nasdaq 100 ETF PredictionIf you haven`t bought the last dip on QQQ: Historically, the QQQ Nasdaq 100 ETF has demonstrated a consistent pattern where a Relative Strength Index (RSI) at or below 30 triggers buying activity. This technical indicator, typically viewed as signaling an oversold condition, has reliably attracted investors looking to capitalize on perceived undervaluation. As a result, these dips have been quickly bought up, suggesting a strong market tendency to rebound from such low RSI levels. I expect the recovery to be V-shaped or W-shaped, ending the year higher.
NASDAQ:QQQLong
by TopgOptions
1
AAPLE VS NASDAQ. THE FRUITY COMPANY AHEAD OF EARNINGS CALLConsumer tech manufacturer Apple (AAPL) is due to report earnings next Thursday, February 1. Notably, waning iPhone demand out of China has worried investors as Apple had a rocky 2024 start, dealing with several stock downgrades. Some of analysts slowed down its expectations for Apple and the biggest tailwinds and risks for its various devices. "As far as those businesses are concerned, the only one that will probably show growth is Mac because some of the new products that they rolled out and easy comps from a year ago, you will probably see some sharp declines specifically on the iPad side of things...," they note. The main graph is a ratio, between Apple stocks price NASDAQ:AAPL and overall NASDAQ:NDX Nasdaq-100 Big Tech index. It's been a while since Buffett put the money into Fruity Company in Q2'16, and since that Apple stock outperformed the whole index, appr. by 150 percent over the next 6 years. By the way, Apple stocks as well as Nasdaq-100 index hit the bottom, in early Q4'22 and since that, Apple underperforms the whole Big Tech Index, totally. Basically NASDAQ:AAPL losses against NASDAQ:NDX further, over the past 12-15 months later they both hit the bottom. In this time the major break down happens in massive reversed Head-and-Shoulders ctructure, just ahead of Q4'23 Earnings call. This is the bottom line, I'm avoid the Fruity Company ahead of Earnings Call. Happy trading to everyone. See y'all later.
NASDAQ:AAPL
by PandorraResearch
US100 0.25% ,US500 +0.26% MULTI TF ANALYSISHELLO TRADERS Hope everyone is doing great 📌 A look at NAS 100 & S&P500 from HTF - MULTI TIME-FRAME ANALYSIS NAS100 DAILY TF * Thursday saw strong bullish momentum coming into play, with Fri cont.of this move. * The weekly & daily TF show we are still trading in BULLISH conditions on the NAS100. * NAS100 took internal range LQ, looking for that external range LQ to be taken. * We are trading in discount looking for a bullish continuation long term on Nasdaq. * With PO3 looking to open bearish this week to confirm a move higher to ERL. NAS 100 4H TF * Looking for the week to open Bearish into the 4h FVG + OB because our HTF BIAS (PO3) on D & W . * WEEK open I will probably be looking for short positions OPPORTUNITIES. * We will see what does the market dish. * On the 4 hourly ERL > IRL. S&P500 4H TF USOIL 1H TF * We saw a rally with the bulls, strong momentum to the upside. * The is a 1H FVG, this is where i would look for short entries this week. * Should this PD ARRAY hold will be short for the NASDAQ * BASED on the price action served this week. S&P 500 1H TF HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK. SEE YOU ON THE CHARTS. IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE SMASH THAT 🚀 & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤ LOVELY TRADING WEEK TO YOU!
CAPITALCOM:US100Short
by PULEMokhothu
4
What's going on with QQQ and Tech?Here is what I have been tracking with my technical analysis. What we saw since the end of July is the AI bubble losing its momentum. What happened? You can see on June 24th where price gaps up above the long-standing blue trading channel from 2009 that contained trading from 2009 until the 2020 bubble. You can see it gap down back into the blue channel on July 24th. It found some support on the mid-line of the longer running black channel from 2009 that includes the covid bubble peak. Then we got a test of the blue channel resistance on August 1st with a very strong rejection. Then the bottom dropped out to break below the AI rally purple channel. Where are we now? The morning open on Monday saw a test of the red trend line with a strong rally to back above the 200. We saw a test of the previous purple channel with a high wick on Tuesday. Today (Wednesday) saw a strong rejection of the channel, where it looks like support has now become resistance. We saw the high wick touch the orange price line around $449. The good news is that the 200-day SMA is showing support again. Where are we going (this is my guess)? It looks like the market is trapped between a rock and a hard place. I think the 200 day and the red trend line are going to give QQQ support as long as there are no other panics. It is unlikely that the AI momentum will be coming back either. I think it is going to drift sideways for a few days before picking a direction. This means it may bounce up and down between the purple channel and the 200-day into next week. You can see the red down channel that has now formed. If we do get a counter rally then I would expect it to stay inside the channel. That would leave us with a potential another leg down. The RSI is only a little into the oversold range. How far? My guess would be either the red trend line again, or maybe even farther to the center of the blue channel. We get down that low, then I have a bunch of cash to go long. I just can't see why QQQ would rally back to ATH now. There is way too much uncertainty now, but markets are irrational. I could see QQQ working back up the underside of the purple channel until the end of the year, with a lot of up and down action. I really do think that there is a bigger pullback sometime in the next several months. The market is just running close to the top of the decade plus trading channel and the AI bubble may finally become deflating some. I believe that we will see a touch of the center line of the blue channel in the next few months, which could be Nov or Dec time frame. That will give us a lot more room to rally and make some good money.
NASDAQ:QQQ
by Dr_Roboto
2
Nasdaq Composite Index: A Ray of HopeNasdaq Composite Index: A Ray of Hope On July 31, we noted that the Nasdaq Composite Index (US Tech 100 mini on FXOpen) had reached significant support, highlighting trendline A and warning of potential volatility spikes due to fundamental news from the Federal Reserve and earnings season. Since then, the price of the Nasdaq Composite Index (US Tech 100 mini on FXOpen): → Jumped to the 19540 level; → But encountered resistance there (indicated by an arrow), as this was previous support; → And returned to trendline A. Thus, we have an argument that can be interpreted as the bulls' inability to resume the upward trend. The bears seized the opportunity to take control and break below trendline A on August 2. Contributing factors included: → The decline in the Japanese stock market, which we wrote about yesterday. It is possible that the extremely strong sell-off of Japanese company shares affected sentiments in the US. → Increasing talks of a recession due to very weak US labour market data (published on Friday, which we also covered yesterday). At the low point yesterday, the Nasdaq Composite Index (US Tech 100 mini on FXOpen) dropped by 7% from Friday's close. Of course, this isn't comparable to March 16, 2020, when the index fell by 12.32%, or October 19, 1987 (known as "Black Monday"), when it dropped by 11.35%. Nonetheless, the mood was grim – as CNBC reports, the stock market had its worst day in about two years. The RSI index fell to the oversold boundary. But not all is bleak. Technical analysis of the Nasdaq Composite Index (US Tech 100 mini on FXOpen) chart shows that: → The price is near line B, which is drawn parallel to line A at a distance equal to the height of the previous channel. → And this line B shows signs of support – by Monday's close, the bulls managed to reclaim almost all the progress made by the bears since the start of the session. → Yesterday's candlestick forms a "Hammer" pattern, which is a reversal pattern appearing after a decline and suggests seller capitulation and a potential upward reversal. → In the background is the important April low around the psychological level of 17k. According to CandleScanner's research on the US stock market over 20 years, this pattern failed in about 21% of cases. Therefore, signs of weakening selling pressure will indicate that this time the pattern, appearing near line B, may be effective. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:NDQM
by FXOpen
2
The US index has been declining for three weeks. What's ahead?S&P 500 After the Cup & Handle pattern breakout, the market surged to nearly 5,670, setting a new record high. Since then, the index has been on a downward trend for the last three weeks, forming the Three Black Crows chart pattern, signaling a bearish outlook. With the current market conditions, it is expected that potential support will be around the 4,400-4,500 level. Nasdaq 100 The US tech index has experienced a significant increase in momentum and achieved a respectable gain over the last 8-9 months. However, the index encountered a strong resistance near the 20,700 level, which is its all-time high. With three consecutive weeks of decline, the index appears to be in a weakened state and may revisit the 15,500-15,600 level for support before rebounding.
SP:SPX
by NaranjCapital