US100 tradeafter liquidity taken of sell side we will see back of the price to fill FVG '' Fare value gap'' and mitigation for odrer block after we will see a drop of the price
Nasdaq100
TESLA TRADEAtfer taken liquidity of buyside we will see a distrubution to wards sell side liquidity . FVG '' Fare Value Gap '' can be considered as an entry point .
NASDAQ Elliott Wave Analysis Higher Timeframe (15/07/2023)In the weekly, the NASDAQ looks bullish and might be preparing for a Wave III to the upside. However, the minimum requirements for a Wave II to the downside were not fulfilled. As long as we do not take out the Wave I high, it could be that we still make a new low as a Wave II. In the daily and 4h, it looks like the upward structure as a wave (3) might finish soon. Investors should wait for a good pullback before buying again. Currently, as an investor, we are in an area to take profit.
NASDAQ Elliott Wave Analysis for Friday 14/07/2023Although the NASDAQ looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 4 hours, we see 5 waves up and wave 5 is ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. In the 1 hour, the upward structure looks incomplete. When we have a complete impulse up, a short can be initiated (against the main direction). A safer way to trade is to wait for the next ABC pullback and go long from there.
US100 Long Rises Higher to 15200zone,the possible correctionHi traers.
We will make a possible correction soon, as mentioned on the chart.Please scrol bac the chart above and watch and read it closely.
The Bulls are getting ready for a profit taking after CPI data on tuesday latestly after friday this week.
This happens of 2 reasons:
The bears on the top are waiting at the low voluem areas
The bulls will protect some of their winners and start to distribute
on the supports I have marked with price lables and green arrows
The RSI is stablishing a divergence , not completed yet.
The trend is definitly and absolut bullish,but we will have this necessary correction and after that a possible sideways range(Bullish range) ,in summer time, as many traders will start their holidays.
Technically the trend is healthy.
Please condsider this with proper money mangement and stop limits.
Kind regards,
Dave Brasco
Differentiating your AI exposure from the Nasdaq-100The Nasdaq-100 has recorded its best H1 since the inception of the index in 1985, propelled by the year-to-date rally in the biggest tech stocks riding the artificial intelligence (AI) wave. For investors looking to benefit from the long-term growth offered by the AI megatrend, this period presents an opportunity to analyse how the AI-focused thematic strategies have fared in such a market and how they could perform going forward.
In the first part of this two-part blog series, we discussed the case for a targeted AI strategy vs achieving exposure to AI through the Nasdaq-100. The key factors in favour of an AI strategy included a more comprehensive exposure to the breadth of AI activities, a potential inclusion of the mega caps of tomorrow, and diversification benefits. In this blog, we look at the AI space in Europe and discuss the signposts for investors in selecting a sound AI-focused thematic strategy and the importance of such a selection.
The drivers of return dispersion in the AI peer group
One of the simplest and most compelling arguments that not all AI strategies are created equal can be made by looking at the dispersion of returns within the AI peer group. The dispersion of returns across strategies aiming to harness the same theme is something that we continuously observe across a range of 42 themes tracked in our WisdomTree Thematic Universe1. This confirms that this phenomenon is not just specific to the AI theme.
Based on the 15 AI strategies with available year-to-date history in Europe, we have observed that the year-to-date return experience across the AI strategies has been quite different - ranging from around 13% to up to 43%. The average return across the strategies was around 29.75%, or 9.4% lower than the return of the Nasdaq-100. Given that returns of a range of AI stocks have been boosted by the growing enthusiasm around ChatGPT and generative AI, we would view relative outperformance vs the average return in the AI peer group as one of the factors potentially suggesting a promising AI strategy. However, an important question to answer here is if a given AI strategy has been driven by the performance of the same key stocks driving the performance of the Nasdaq-100, or if it has been propelled by other return drivers. If the latter is true, such a strategy can present a return enhancement play for investors holding the Nasdaq-100 as the broad tech benchmark.
While it is not always feasible to run performance attribution for each fund in the AI peer group, and assess how different its return drivers have been in contrast to the Nasdaq-100, we have observed that this dispersion boils down to strategy design, and how each fund is meant to capture the opportunities offered by the proliferation of AI.
For example, in our WisdomTree Artificial Intelligence UCITS ETF (WTAI), enhancers (that is, the companies that are a prominent force in AI but with a smaller portion of products and revenues associated with the theme) receive only 10% weight during each semi-annual period. This means that tech giants that dominate the top 10 in the Nasdaq-100, jointly can receive only up to 10% weight. At the same time, more pure-play opportunities in the space (known as ‘engagers’) receive 50% weight at the rebalance, ensuring a certain degree of theme purity.
The importance of a robust selection framework
At WisdomTree, we have previously singled out five building blocks that comprise the selection framework for thematic strategies first proposed in our thematic white paper. In short, we invite investors to first focus on selecting strategies with a clear focus on the theme of interest, assess if the subject matter expertise is part of the strategy design and, if possible, evaluate the purity of the suggested exposure. All these signposts are more qualitative in nature, unlike the next step, which involves testing the shortlisted strategies for the level of differentiation they offer vs broad benchmarks, other themes, and each other.
Let’s have a look at WTAI vs the best performing fund in the AI peer group year-to-date, that is, Fund A, and see if these two funds are differentiated vs the Nasdaq-100. One easy analysis that investors can do to assess the degree of differentiation is to look at the overlap weight vs a broad benchmark and the percentage of common and unique holdings vs the same benchmark. In Figure 2, the analysis suggests that WTAI has relatively low overlap with the Nasdaq-100 and holds only 29% weight in the holdings common with the broad tech gauge. In contrast, Fund A has a relatively high overlap of around 40% and has invested around 62% weight in the stocks represented in the Nasdaq-100.
We can extend our comparison further and resort to performance attribution, as both strategies are offered in an exchange-traded fund (ETF) wrapper and have to report their holdings on a daily basis. The top 10 holdings contributing to the year-to-date performance within WTAI and Fund A, exposes an interesting contrast between the two strategies. Within the top 10 contributors of Fund A, investors can find eight stocks in dark blue that have also been the top 10 year-to-date contributors in the Nasdaq-100. The average weight of the top 10 contributors in Fund A has been 45.6%, accounting for around 70% of the strategy’s return. Due to its market cap-driven weighting, the majority of holdings in Fund A that have posted year-to-date returns above 50%, and even above 100%, have received weights below 0.20% each. This has limited Fund A’s ability to benefit from the AI stocks not included in the Nasdaq-100.
In turn, in WTAI, only Nvidia, also represented in the top 10 in the Nasdaq-100, has been within the top 10 year-to-date contributors. The average weight of the top 10 contributors has comprised only 23.5%, and the top 10 have jointly contributed only 56% to the strategy’s year-to-date return. Notably, the best-performing stock in WTAI was C3.ai and not Nvidia. Fund A had its own stock, Wistron, that has also beaten Nvidia with 204.7% year-to-date return, but the fund had only 0.08% average weight in it. Furthermore, in contrast to Fund A, 4 out of the 5 best-performing stocks in WTAI had average weights between 2.3% and 2.8%. This highlights that the strategy design behind WTAI has allowed the fund to not only benefit from strong returns posted by a range of AI stocks year-to-date, but also to differentiate its key return contributors from the broad tech benchmark.
Sources
1 Please see page 8 of the WisdomTree European thematic monthly update for an overview of the WisdomTree Thematic Universe and page 4 for the dispersions of returns across the themes.
This material is prepared by WisdomTree and its affiliates and is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of the date of production and may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and non-proprietary sources. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by WisdomTree, nor any affiliate, nor any of their officers, employees or agents. Reliance upon information in this material is at the sole discretion of the reader. Past performance is not a reliable indicator of future performance.
NASDAQ Elliott Wave Analysis for Thursday 13/07/2023Although the NASDAQ looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 4 hours, we see 5 waves up and wave 5 is ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. In the 1 hour, the upward structure looks incomplete. When we have a complete impulse up, a short can be initiated (against the main direction). A safer way to trade is to wait for the next ABC pullback and go long from there.
NASDAQ Index (US100): Bullish Rally is Comming
Today's CPI report is very negative for the Greenback.
Gold, major forex pairs and indexes started to grow rapidly.
US100 index formed a cup & handle pattern on a daily time frame.
The market is currently testing its neckline.
If a daily candle closes above that,
probabilities will be high, that the growth will continue.
Next goal will be 15600
❤️Please, support my work with like, thank you!❤️
NASDAQNASDAQ PM SESSION TRADE SETUP, This Is Basically What I Think May Happen But Price Can Still do Otherwise As It Is Currently Bullish, This down move would a retracement if it isn't yet complete which I think it isn't.
US100 TRADEAfter change of character and retracement to fill fvg we will see a down trend towards kill zones for Asia and London Session
NASDAQ Elliott Wave Analysis for Wednesday 12/07/2023Although the NASDAQ looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 4 hours, we see 5 waves up and wave 5 is ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. In the 1 hour, the upward structure looks incomplete. However, the structure looks very messy. We have to wait for more data.
UPDATE Nasdaq is on track to new All Time HighsCup and Handle formed on Nasdaq and since then the price has rocketed up.
We still have bullish confirmation of further upside.
7>21>200
RSI>50 (Higher lows)
Target remains at 16,073
One could even lock in half profits here and raise stop to above breakeven.
Fundamentals:
With the Big 7 outperforming this year, we are seeing the innovation of AI, Metaverse and machine learning attract new investors into the market. This will help push up the price bring on higher earnings and help the economy - which diminishes the likelihood of a recession.
The Big 7 are the major tech companies:
Apple, Microsoft, Alphabet, Amazon, Nvidia, Tesla, and Meta.
And as they adapt, innovate and integrate AI into their business models, products and services, this will continue to bring investors into the market and
drive their prices up.
And this means the Nasdaq will continue to rally.
SMC
Sell Side Liquidity (Order Block)
Smart Money buys into positions (and sweeps liquidity) from traders who are long (get stopped) and for short traders who enter into their trades.
NASDAQ Elliott Wave Analysis for Tuesday 11/07/2023Although the NASDAQ looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 4 hours, we see 5 waves up and wave 5 is ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. In the 1 hour, the upward structure looks incomplete and we see an entry for a long trade today.
Nasdaq crash by🗻Double Top Pattern🗻Nasdaq is moving near the 🔴 resistance zone(15,385-$15,160) 🔴, and the formation of an Exhaustion gap can be a 💡 Sign 💡 of the end of the upward trend of the Nasdaq these few weeks.
Also, due to the Regular Divergence(RD-) between two consecutive peaks, the possibility of forming a 🗻 Double Top pattern 🗻 is very high.
🔔I expect the Nasdaq to fall to at least the 🟢 support zone($ 14,060-$ 13,610) 🟢 after breaking the uptrend line and neckline .
Nasdaq 100 Index Analyze (NDXUSD), 4-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
NAS100Not what we expected but it's good that it happened. We moved SL into profits before SL hit, so we were out before anything.
Remember that you are a manager and not just a gambler, so follow your plan. Plan your trades, and trade the plan.
There is still opportunity to re-enter but the day's goal has been reached so we close tabs and we'll be back tomorrow in the morning again.
NASDAQ Elliott Wave Analysis for Monday 10/07/2023Although the NASDAQ looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 4 hours, we see 5 waves up and wave 5 is ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. In the 1 hour, the upward structure looks incomplete and we see an entry for a long trade today.
Is the Tech bull run over?Here's my Elliott Wave Count on the Nasdaq which suggests we could see some more downside to complete wave {iv}, within the following days, to then resume to the upside.
Feel free to ask me questions, trade safe!
NASDAQ Elliott Wave Analysis Higher Timeframe (07/07/2023)The NASDAQ looks bullish and might be preparing for a Wave III to the upside. However, the minimum requirements for a Wave II to the downside were not fulfilled. As long as we do not take out the Wave I high, it could be that we still make a new low as a Wave II.
Short the NasdaqWas charting TQQQ so will just use this chart. I am -2% on a small SQQQ position but adding here. Arguably a double top. If it gets out of that channel possible violent drop I dont want to have to catch. 50% position, will add if we go up. Stops at acceptable loss. Not advise.
Nasdaq -> Plain And SimpleHello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Nas100 💪
After the Nasdaq perfectly retested the monthly 0.618 fibonacci retracement level and also broke above a clear bearish trendline, we had a solid rally of roughly 20%.
Weekly market structure on Nas100 is pretty clear with the Nasdaq retesting previous weekly resistance which is now acting as resistance once again and with the Nasdaq being overextended there is a higher chance that we will see a short term correction.
The Nasdaq is also currently once again retesting daily resistance from which we already broke structure towards the downside so I simply do expect another bearish wave from here.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
buy setup for nas100we only searching for buy opportunities after the CHOCH
we have BOS
the price now is trading above the resistance level now turned into support
and maybe the price backtest it or maybe not
so we expect more continuation to the upside
_____________________________________________________________
don't forget your risk management
follow for more :))
NASDAQ Elliott Wave Analysis for Thursday 06/07/2023Although the NASDAQ looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 4 hours, we see 5 waves up and wave 5 is ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. We had another successful trade yesterday. Now we have to wait for more data.
NASDAQ Elliott Wave Analysis for Wednesday 05/07/2023Although the NASDAQ looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 4 hours, we see 5 waves up and wave 5 is ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. However, in the 1 hour, the upward structure looks incomplete so we expect a bit more upside.
