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Nasdaq100

Nasdaq -> Bulls Are In ControlHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Nas100 is actually approaching a quite obvious previous weekly support/resistance zone at the $13,500 level which is now turned resistance once again. You can also see that from a weekly perspective, market structure is extremely bullish, moving averages are also bullish and we just recently broke above and retested a previous weekly resistance which was then turned support so from a weekly perspective I simply do expect a deeper retest of the next resistance at the $13,500 before I then do expect a short term rejection towards the downside. On the daily timeframe you can see that with today's candle, Nas100 is finally breaking above a previous daily strong resistance area so market structure is now bullish again - I am just waiting for a little bit more upside, then a retest of the previous resistance which is then turned support and then I do expect more continuation towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
PEPPERSTONE:NAS100Long
by basictradingtv
44
NQ1! NAS100 NASDAQ 2023 MAY 08NQ scenario 4, rotational trade yielded 470pts from 3 trades. Test and Reject/Accept setups consistently offers low risk trades. NQ was in rotation for a month now. Friday saw a low volume mark up, and could be trapping longs. Previous scenario planning remains. Given the rotation has progressed thus far, inexperienced traders should just wait. CAPS FOR EMPHASIS-MY TENDENCY TO TRADE SCENARIO4 WILL NOW BE DIMINISHED. Possible scenarios: 1) Market stuck in a 250pt range, wait till supply/demand is resolved Then: 2) Breakout of upper boundary to test 13740 = long at support of upper boundary of range 3) Breakdown of lower boundary of range = Short on rejection of 12950 4) The longer the rotation, the riskier will be rotational trade. Long on support between 12950-13040 | Short on rejection between 13350-13212 Volume Analysis: Friday's mark up on average volume, with close away from the high, is weakness on the bar. Price reaction levels: Short on Test and Reject | Long on Test and Accept 14361 13740 13350 13316 12950 10710 - 11068 Remember to Like and Follow if you find this useful. Have a profitable trading week ahead. *For educational purpose only.
CME_MINI:NQ1!
by paradox677
WBD | Wave Analysis | Downtrend breakout | Inv. Head & ShouldersWBD : Wave projection - weekly price action and chart pattern analysis > The downtrend channel 5 motive wave breakout with a possible valid inverted head * shoulders pattern formation > A potential ABC correction uptrend pattern - a typical wave b bull flag pattern for right shoulder pattern targeting at 0.618 - 0.786 fibonacci retracement of wave a. > If successfully breakout neckline - TP wave c at 1.618 extension of wave a near MA200w zone +100% > SL @ IHS position -20% downside > Indicator : RSI week bullish divergence Always trade with affordable risk and respect your stoploss Good Luck
NASDAQ:WBDLong
by dukeposh
META Showing massive recovery and upside new target!Reverse Cup and Handle formed on Meta Platforms. Price has once again gapped up on the daily 13% up for the day. This was after the Earnings report came out strong, and after Mark Zuckerberg said he will be focussing his efforts more on AI this year than the Metaverse. The indicators are looking sexy. 7>21 Price >200 RSI>50 So my first target for Meta will be at $355.12 SMC: Below the handle of the Cup and Handle, is a strong Sell Side Liquidity (Order Block). This is where Smart Money comes in sweeps selling (Shorters entry and Longers stops). Then SM sweeps the selling, buys into it and BOOM away and up it goes. Very bullish in my opinion. MY OPINION THERE ARE A FEW REASONS Why I think the world isn't ready for Virtual Reality to the extent Meta aims for: High Cost: VR technology can be expensive, and not everyone can afford it. Looking at the price of Oculus 2 - it's not for the average joe. Limited Accessibility: While VR technology is becoming more accessible, not everyone has access to the necessary equipment or space to use it. Motion Sickness: Some people may experience motion sickness or other discomfort while using VR technology. Time: Right now VR headsets lasts for around 2 hours. Then needs charging. This isn't conducive for learning environments. Weight: Have you put on an Oculus 2 headset? It's very heavy and cumbersome. We don't all have the strength to wear these things. PS: I do have an Oculus 2 and I absolutely love and support the movements. Ever since Samsung VR headset came out, I've been obsessed. Lack of Content: Despite growing interest in VR technology, there is still a limited amount of quality VR content available. Unfortunately, the target is on gaming, fitness and maybe socials. I still think there is a massive opportunity for more educational content, games, apps and learning material that VR can offer. I remember EDUVR - not sure what happened to it. Limited Realism: While VR technology has come a long way, some people may still find it lacking in terms of realism. Unfortunately, people still have the stigma of wanting to be in the real world versus on a screen. This is the same way they acted when computers came out. Also when the internet came, they were hesitant and only "nerds" went on. Social Isolation: VR experiences can be isolating, with users often cut off from the real world. Learning Curve: VR technology can be complex, and some people may be hesitant to invest the time needed to learn how to use it properly. Just like it's difficult to teach older generations how new Smart Phones and Smart TVs work, it is similar to VR technology. Lack of Compatibility: Different VR systems may not be compatible with each other, which could limit the ability to share experiences across platforms or devices. Look before you know it, VR and AR will take over the world and everyone will be using it in some way or form. Maybe not in the next couple of years, but DEFINITELY in the future.
NASDAQ:METALong
by Timonrosso
The Taiwan BRICS War Leading To The Biggest Meltup In History Can we not see what's happened over the last days? the exact repeat of 2009 instead of QE straight away the FED has resorted to using terms like "BTFP program" and offering zero percent loans to the bigger banks to bailout the smaller banks. I thought the FRED would have allowed the banks to go down for a market reset "what everyone is expecting" but the response is if the trend line breaks the entire US bond market breaks + the global financial system is in meltdown meaning the FRED and the US Government won't and cannot allow it to happen, oh and the Treasury is almost broke defaulting meaning QE will be turned on within the next months or a "BTFP treasury program". Lets look at the facts that's got me worried US dollar dominance will collapse due to QE needed to fund the US government and bailout markets to generate GDP growth Since 2009 Expenditure on the military in China has gone parabolic from 96 Billion to 293 Billion in 2021 - China also purchases mass gold with Russia (what the hell are they preparing for or doing?) In 1919 the USA was the top military spending by country In 1920 the Russian Empire upped military spending passing the USA In 1922 the Soviet Union was formed spawning the rise of the German dictatorship What does this mean? it means the Soviet Union is repeating with BRICS and I'm sure the USA is aware of that. All BRICS nations are printing money like crazy funding gold / military purchases like they are about to disregard the FIAT system. USA has one option and one option only to defend the global dollar. Start a counter offense on completely taking Taiwan controlling the entire semiconductor market limiting BRICS economically, and handing over the technology keys to the USA meaning they can set the rules and prices and force demand back onto the USD system. If this outcome comes to reality, we will see money printing in the USA disguised flooded into defense and a full NATO move surrounding Taiwan. Followed by this will be stocks rising + inflation heading up + rates heading lower - - The goal of this is to devalue the currency and use WAR to take economic assets by force from BRICS causing the wealth to be returned back. This should answer your question on why the Ukraine War? Why the Red Balloons? both NATO / US + BRICS are using these as a testing ground to predict retaliations for the main goal Taiwan. If the US / NATO wanted this war to be over in a day it would be. If China / Russia wanted this war to be over in a day it would be nobody ask why its not. Translation lets steal Trillions from the public and spend 10 billion in Ukraine while storing the rest for R&D for the real event.
AMEX:SPY
by FederalXBT
Nasdaq -> Short Squeeze ComingHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Nas100 just recently perfectly broke above and with last week's candle already retested and rejected a quite obvious previous weekly resistance area at the HKEX:12 ,800 level. You can also see that as we are speaking, Nas100 is approaching the next major weekly structure area at the HKEX:13 ,600 level which was acting as quite strong resistance in the past, so from a weekly perspective I am now just waiting for another rally to retest the next resistance before I then do expect a short term correction towards the downside. On the daily timeframe you can see that with Friday's candle, the Nasdaq perfectly broke and closed above a previous daily resistance area at the HKEX:13 ,100 level - all of this previous resistance is now turned support so I am just waiting for a retest and bullish confirmation before I then do expect another impulse towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
PEPPERSTONE:NAS100Long
by basictradingtv
35
Nasdaq Analysis Falling Wedge Hello, Currently, we are in a consolidation box, and the market seems to have intensified significantly. I have also observed a falling wedge pattern, which I believe will eventually break to the upside. Although it's unclear if we will see a breakout of the box, I will be prepared to analyze the situation once it happens. It's worth noting that there was an attempt for a downside break, but it turned out to be a false breakout. Please refer to my previous post for the levels that I will be monitoring, and I will keep you updated on any developments. If you would like a more detailed analysis of the lower timeframe, please let me know.
OANDA:NAS100USDLong
by Tradeofgrey
NAStoday we took a trade to the upside before 8:30 open and did exactly as expected dropped and tapped into our FVG and entered for a 1:2 win targeting first BSL right above as our first target. One position closed leaving a second position as a runner, failed to set SL and was in drawdown over the afternoon. expecting price to eventually buy after some time and entered a third position at the 1 HR time frame and looking to buy up and takeout BSL above and now fill above hour FVG if it creates a CHoCH and breaks MSS up. for now we will mark up and be neutral till 8:30 am tomorrow see you guys ! possibly looking to target above FVG on one hour TF.
OANDA:NAS100USD
by adrian14nk
Nasdaq -> Bearish Then BullishHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Nas100 just recently perfecly broke above a major previous weekly resistance area at the HKEX:12 ,500 level which is now turned quite strong support. You can also see that weekly market structure and moving averages are both bullish, indicating that we definitely have more upside potential long term so I am now just waiting for a deep retest of the previous resistance zone before I then do expect more weekly continuation towards the upside. On the daily timeframe it seems like Nas100 actually formed a top formation over the past couple of days so I am now very interested in a short term short opportunity back to the weekly support at the HKEX:12 ,500 area before I then also do expect a next daily rally towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
FX:NAS100Short
by basictradingtv
42
TESLA LONG TERM/SHORT TERM TECHNICAL ANALYSIS NASDAQ:TSLA $TSLA: 4 HOUR/BAR CHART ON LEFT SIDE (SHORT TERM) SHOWING SINCE OCTOBER ’22 (LAST 3 MONTHS). 2 DAY/BAR CHART ON RIGHT SIDE (LONG TERM) SHOWING SINCE JANUARY, ‘20 (LAST 3 YEARS). $TSLA is down roughly 58% since the start of October 2022 but is still up 299% percent since the beginning of 2020. Evaluating the short-term trend (left side) against the long term trend (right side) we begin using the EMA Envelope found in the top box on both sides. We can see that $TSLA is still in a bearish (red) trend in our long term chart (upper right box) but has just turned neutral (yellow) on our short term chart (upper left box). EMA Envelope turns bullish above the top red line of the EMA Snake. Respectively the bullish levels on the 4H are above 113.57 and bullish on the 2D is above 147.34. Our 4-hour Fibs (left side) show a full retrace down to the RET 1 (104.22) from our early December peak of around 200 with a 0.5 Retrace at 151.57. Our 2D Fibs (right side) show a more than full retrace down to the RET 1.382 at 109.47 and are currently showing a 0.5 Retrace at 240.43. I believe there is a high possibility that on the 4H chart (left side), $TSLA retraces the RET 0.786 (124.49) in the near term (2-4 weeks) and a low to moderate possibility that $TSLA attempts a retest of the RET 0.5 (151.57) before eventually being rejected. I do not believe a retrace of the RET 0.5 (240.43) on the 2D chart (right side) is currently a viable possibility given the market liquidity constraints and an overall disdain for the discretionary sector heading into recessionary headwinds in 2023. On the downside, a spill to the RET 1.236 (81.87) on the 4H Fibs (left side) is very possible in a broad market selloff. Breaking out the left side of the chart, which is the shorter time frame (4H), we can see white arrows beginning in the price box and moving down into each of the indicator boxes below. We see the white arrow line in the price box is trending down while the white arrow lines in MACD, RSI and OBV indicator boxes are trending up. Price declining into rising relative strength (RSI) and positive increases in volume flow (OBV) can be indicative of market price absorption at these levels. At a minimum it can be viewed as evidence of ‘diminishing sell pressure’. On the right side of the chart we see that RSI is showing its deepest levels of oversold in the last 3 years and we have to go back to 2016 (7 years) to find a deeper level of oversold on the RSI. (see below) We can also see the MACD indicator on the right side is still showing wide downside divergence at the mouth, indicating that price has alot of upside work to do in order to close that gap and move the long term trend into positive territory. While the woodshedding of Tesla might not be completely over yet, it seems as though it might have found a near-term 'local bottom' along with a bit of price stability as evidenced by the 'market absorption' illustrated on the 4H chart. Assuming this support holds, Tesla could be poised to make a move up to the 122-128 price range. (Not financial advice)
NASDAQ:TSLALong
by Firewalker_Charts