Nasdaq Slapped- Like u saw yesterday, BTC dipped but the main reason for now is just the global economy being worst.
- Nasdaq Companies made big % lost yesterday - here the main list - www.cnbc.com
- The Covid19 caused a fast dip followed by a mega pump based on stimulus (brrrrr), now the real dip is ongoing.
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Trading Part ( Long Term )
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- Buy 1 : 12,000$
- Rebuy : 10,500$ - 11,000$
TP : before 20,000$
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- This Analyze of course can be faked by a strong money printing (Brrrrrrrrrrrr)
Happy Tr4Ding and St4y Safe !
Nasdaq100
US100 H1 - Long SignalUS100 H1
We are still very much in an uptrend on the US100, and as per the above H4 analysis, we ideally want to be trading with the trend. This hourly setup offer a long entry with stops covering arguably the previous lower high. The H1 timeframe looks good, 19700 price is a whole number price level.
The only concern lays on the H4 timeframe, where it looks like we are wanting to break downside further. Not looking to jump in this yet, but if we can see some hourly support confirmation, this could be something we entertain as we move into the US market open.
USTECH Trade Plan Timeframe: 1DUSTECH Trade Plan Timeframe: 1D
#NDX100 #NASDAQ #USTECH #USTECH #TradingOpportunity #Divergence #TradingSignal #USTECHtradingsignal #Forex
Hey traders! 👋 Let's dive into a potential trading opportunity on the USTECH pair using technical analysis. 📊
📉 Previously Bullish Trend:
Firstly, on the 1D- timeframe, we've been witnessing a Bullish trend in the USTECH pair. 🐻
🔄 Bullish Flag :
However, it's crucial to note that recently, we have started to observe a Bullish Flag pattern on the One Day Time Frame. This is an important signal that the Bullish momentum might be More Stronger. 📉🔄
📊 Trade Opportunity:
Currently, we are looking at a potential trade opportunity with a Bullish bias.
📈 Entry Price: 15940
🎯 Stop Loss Level: 14042
🚀TP1: 17826
🚀TP2: 19711
💰 Investment Advice:
Please remember that trading carries risks, and it's essential to have a well-defined trading plan, proper risk management, and stop-loss orders in place. This analysis is for educational and informational purposes only and should not be considered as financial advice. Make sure to do your research and consider your risk tolerance before entering any trade.
Happy trading, and may the pips be in your favour! 🚀📈💰 #HappyTrading #ProfitOpportunity #TradeSmart #CryptoSignal #StockSignal #TradingwithBelieve
NASDAQ ANALYSISChart : 1Hour
Overall Trend : Bullish
Current Market Structure : Uptrend
Scenario 1 :
Market continues to create new all time highs . Market is currently ranging will wait for a break above or below our consolidation area for use to see if we are due for a pull back or will price continue towards the upside . Creating new highs
Nasdaq 100 Index Reaches 20,000 Points for the First TimeNasdaq 100 Index Reaches 20,000 Points for the First Time
On 30 May, we noted some uncertainty in the price behaviour of the Nasdaq 100 (US Tech 100 mini on FXOpen) near the resistance level of 18,840, as shown by arrow #1.
Following this, the price declined and tested the former resistance at 18,250 (indicated by arrow #2) – the long lower shadow on the candle indicated aggressive demand (more details in the article on the Hammer pattern).
This test gave the bulls confidence to break through the 18,840 resistance.
In June, the price continued to rally within the ascending channel (shown in green), which is part of a larger ascending channel (shown in blue), driven by:
→ prospects for AI implementation;
→ prospects of Fed rate cuts.
Yesterday, the Nasdaq 100 (US Tech 100 mini on FXOpen) rose by approximately 1.2%, reaching the psychological level of 20,000 points. This record was supported by influential analysts raising their forecasts for US stock markets. For example:
→ Goldman Sachs raised the year-end 2024 target for the S&P 500 (US SPX 500 mini on FXOpen) from 5200 to 5600;
→ Evercore ISI increased its forecast for the same index from 4750 to 6000.
Market sentiment was also buoyed by the anticipation of several comments from FOMC members scheduled for this week. These might confirm the Fed's intention to cut rates as early as September this year.
Technical analysis of the Nasdaq 100 (US Tech 100 mini on FXOpen) shows that:
→ The price is in the upper half of the blue channel, with its median line potentially serving as support.
→ The price is near the upper boundary of the green channel, which can be considered resistance. This suggests that the price might retreat from the psychological level of 20k towards the lower boundary of the green channel.
It is possible that the current bullish drivers will remain relevant until September, allowing the Nasdaq 100 (US Tech 100 mini on FXOpen) to continue rising towards the upper boundary of the blue channel.
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Apple Next Target is Channel TopNow Apple Successfully Breakout above the Resistance level and Trading Within the Channel. Apple Next Target is the Channel Top.
Refer this image, Before Breakout the Resistance level.
I shared the Same Channel Pattern on TradingView for Bitcoin. Refer to this Images, showing Before and After the Target was Achieved.
The Channel is used to identified the Next Target (or) Next Impulse. Refer below
I want to help people Make Profit all over the "World". Additionally, I am Eager to Receive Money form Worldwide because of my Potential. Thank you
Nasdaq 100 hits fresh highs as correction risks riseMajor US technology stocks have pushed higher today, maintaining their gains following Powell's press conference last night. Despite the Dow closing lower yesterday, tech-heavy indices like the Nasdaq 100 have continued to gain ground. The technology sector continues to drive market performance; without it, the stock markets would look significantly different. With technology shouldering much of the burden, the question arises as to how long this sector can support the market. While a correction is possible, the indices have not yet shown a clear topping pattern. For now, buying dips in tech-heavy indices appears to be a more prudent strategy than attempting to time the market top, despite growing concerns over valuations.
Tesla and Broadcom Provide Additional Boost
Several technology companies saw their shares surge at the open, including Tesla, after Elon Musk announced that shareholders had overwhelmingly voted to re-approve his compensation package and move the company’s state of incorporation to Texas. Another tech company, Broadcom, a chip supplier for Apple, reported results that exceeded estimates due to strong demand for artificial intelligence products.
Stocks March Higher Despite Macro Concerns
Today’s softer PPI data offers some relief, but the fight against inflation continues. At 3.4%, CPI inflation remains well above the Fed’s target, staying above 3% for the 38th consecutive month. Super core CPI, which includes core services inflation minus shelter, increased 5% year-over-year in May, its highest level since April last year. This makes the cost of living extremely high, especially considering that median US house prices are at an all-time high of $434,000 and GDP growth slowed to 1.3% in the first quarter. Additionally, there are no plans to address the nearly $35-trillion national debt and rising deficits.
Fed Signals One More Rate Cut, but Markets Want More
The Federal Reserve reduced expectations for interest-rate cuts this year, though Chair Jerome Powell left open the possibility for more cuts, emphasizing that the new forecasts were conservative. Policymakers' updated economic projections now indicate they expect to lower borrowing costs only once in 2024, down from the three reductions previously anticipated. Despite positive consumer price data released yesterday, they also raised their inflation forecasts. This cautious stance, however, did little to deter bond traders, who continued to bet on rate cuts.
Written by Fawad Razaqzada, market analyst at FOREX.com
Follow me on twitter: x.com
Microsoft Next High & Target is Channel Top $570, ( AB = CD )Microsoft is Trending within the Channel. Next High and Target is the "Channel Top" at $570. Additionally, the ( AB = CD ) concept indicates that the AB impulse is Equal to the CD impulse.
I want to help people Make Profit all over the "World". Additionally, I am Eager to Receive Money form Worldwide because of my Potential. Thank you
Long in $COIN
After hitting annual highs, the value has corrected with a decrease in volume and correcting a bearish divergence in RSI. At this time, the short-term bearish trend has already been broken and we have a positive signal with the crossover in the Stoch RSI, which is in oversold territory.
For its part, Bitcoin looks equally good technically and the on-chain indicators show us that there is probably a good path left in the bull market.
Nasdaq buy setup institutional tactics hello traders this is my nas100 buy setup
risk reward 1:10
the system: institutional tactics
if you like this deal hit the like button follow comment subscribe and show some love ❤️
wish you good luck and good trading
i would like to have conversation and share our ideas and know you good people
remember the flow state is important
Flow , Glow and know and never blow
Nasdaq Index Shows Uncertainty Ahead of PCE ReleaseNasdaq Index Shows Uncertainty Ahead of PCE Release
The main event of the week is the release of the Personal Consumption Expenditures (PCE) index, which the Federal Reserve particularly focuses on when assessing inflation in the US. The release is scheduled for Friday at 15:30 GMT+3. As this important event approaches, rumours and trader expectations about the news increasingly impact the current price on the stock market.
According to ForexFactory, the Core PCE Price Index on a monthly basis is as follows:
→ forecast for Friday = 0.3%.
→ previous value (a month ago) = 0.3%;
→ value two months ago = 0.3%.
These figures indicate stable inflation, but surprises are not ruled out, which could certainly lead to a spike in volatility.
The price of the Nasdaq index (US Tech 100 mini on FXOpen) has decreased since the beginning of the week – this may indicate market participants' uncertainty about whether inflation will decrease. Meanwhile, as CNBC reports, the president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, believes that the Fed should wait for significant progress in combating inflation before lowering interest rates.
In his opinion, rates could potentially even be raised if inflation fails to decrease further. “I don’t think we should rule anything out at this point,” Kashkari added.
Technical analysis of the Nasdaq index (US Tech 100 mini on FXOpen) chart shows that:
→ the price is in an uptrend (shown by the blue channel);
→ the 18840 level is acting as resistance (indicated by the arrow).
Note the behaviour of the Nasdaq index price (US Tech 100 mini on FXOpen):
→ the upward impulse A→B was sharp, but it failed to hold above the 18840 level;
→ the upward impulse C→D is less sharp, judging by the slope of the trajectory. After overcoming the 18840 level, the price formed a rounding pattern (a sign of demand deficit) and decreased (confirmation of weakness). Notably, the price did not reach the upper boundary of the channel (shown by the red circle).
Today, the price is near the median line of the ascending channel, which could lead to some consolidation in anticipation of the news. If the news indicates a slowdown in inflation, we might see a new attack on the 18840 level; otherwise, the Nasdaq index price (US Tech 100 mini on FXOpen) could decrease to the lower boundary of the current channel.
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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.