Nasdaq to find support at previous highs?NASDAQ - 24h expiry - We look to Buy at 12829 (stop at 12694)
A Fibonacci confluence area is located at 13360.
Continued downward momentum from 13238 resulted in the pair posting net daily losses yesterday.
The move lower is mixed and volatile, common in corrective sequences.
Bespoke support is located at 12829.
Preferred trade is to buy on dips.
Our profit targets will be 13159 and 13249
Resistance: 13238 / 13360 / 13734
Support: 12829 / 12649 / 12483
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Nasdaq100
NAS100 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
US100I love how this worked out but we cannot attach feelings to trades. So now we wait for the retest to complete and then we re-enter and ride it down.
US100 BUYHey, the NASDAQ market is in a positive state. With a very good candle in the daily frame. Also, this correction came to the impulse wave. At 0.50%, which is a very strong Fibonacci ratio. Backed at 1820. Good luck, speculator . Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
Nasdaq Breakdown Analysis 05/04/2023Dear traders Nasdaq had moved up after that it start to pushing Down so you may be confused but when you see a strong candle moving to fast just wait to don’t have to execute on this so I expect Nasdaq if he breaks below 13045 and price close bearish you should start looking for sell and if he breaks above 13110 and candle was bulish you should start looking for buy good luck and trade safe !
BULLISH OR BEARISH?Nasdaq is currently in a strong bulls market - all though there are a lot of signs both technically and fundamentally for it to go down, the bulls have taken over this area in the market. Today we will go with market direction rather than fighting the market.
We will wait and see what price does at 13130 - if it respects ema and tl then we will go long to resistance (13205) and ideally end off at 13315.
If price breaks ema and TL we should see price head down to 13044 and potentially lower.
Overall today should be clear for a 700-1000 pip move.
Lazyluchi Trades Nasdaq100 EP 12NQ yesterday was a total fail as the market failed at picking a direction. Instead she just went back n’ forth and today, She’s going sideways. However, the structure is still BULLISH which is weird considering how the bulls aren’t strong enough to get past the previous high. I have a BUY setup at my usual point waiting for that HH break (if any) for a continuation to the upside or a total change in structure if that HL breaks. Waiting for her decision.
Nasdaq -> Time To BreatheHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 is currently approaching a quite strong previous structure area exactly at $13500 which is now turned quite strong resistance once again.
You can also see that Nas100 recently had a quite agressive rally of about 15% towards the upside, perfectly following my last predictions on this asset, but now I think that we are ready for a short term correction so I am now just waiting for an opportunity to get short at the weekly resistance area.
On the daily timeframe you can also see that we are retesting resistance, we also aready created some bearish structure with today's price action so I am now just waiting for a good short entry to then capitalize on a short term rejection away from the resistance area.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Lazyluchi Trades Nasdaq100 EP 11It’s another week in NQ and a new month, NFP week too. She’s made LHs but still in that uptrend with HHs and HLs. I have setups after previous HLs and HHs as usual. Waiting to see what she decides to do with this TREND. As always she can only do 3 things: Up, Down and halt.
20 Reasons for Buy NASDAQ🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
✨ Eagle eye: A long-term analysis of the Nasdaq from 2003 to 2021 shows that the market has achieved back-to-back higher high closings, followed by a one-third correction. This suggests the possibility of another bull run.
📆 Monthly: The market underwent a deep correction of 61% and is expected to close strongly in March with a big bullish momentum candle.
📅 Weekly: The internal bull structure is currently strong, and the 13764 area is an important price level to watch. If the price reaches this level, it could signal a significant announcement. Therefore, I am bullish on the Nasdaq and recommend monitoring this level closely.
🕛 Daily: The Nasdaq is currently extremely bullish.
😇 7 Dimension Analysis
🟢 Analysis Time Frame: Daily
1 Price Structure: The price structure of the Nasdaq is currently bullish.
2 Pattern Candle Chart: A flag continuation pattern is forming, with back-to-back momentum candles.
3 Volume: The volume is currently decreasing, indicating a correction is expected.
4 Momentum UNCONVENTIONAL Rsi: The Nasdaq's unconventional RSI is in a super bullish zone, above 60.
5 Volatility measure Bollinger bands: The Bollinger bands are touching the upper band, indicating full bullish volatility.
6 Strength ADX: The Nasdaq's ADX shows that the bull trend has just gained strength.
7 Sentiment ROC: The rate of change for the Nasdaq is the strongest compared to other indices.
✔️ Entry Time Frame: 4-Hour
Entry Time Frame Structure: The 4-hour chart indicates a bullish structure.
Entry Move: As per the analysis, a correction is expected, so it is better to wait until the price reaches our desired levels before entering the market.
Support Resistance Base: The mid-level of the move supports.
FIB: We will use the trend line breakout for entry.
☑️ Final Comments: It is advisable to buy when the correction is complete.
💡Decision: Buy
🚀Entry: 12713
✋Stop Loss: 12493
🎯Take Profit: 13600
😊Risk-to-Reward Ratio: 1:4.26
🕛 Expected Duration:
Nasdaq to see a higher correction?NASDAQ - 24h expiry - We look to Buy at 12677 (stop at 12577)
Traded to the highest level in 30 weeks.
There is no clear indication that the upward move is coming to an end.
An overnight negative theme in Equities has led to a lower open this morning.
Bespoke support is located at 12677.
12682 has been pivotal.
Our profit targets will be 12927 and 12977
Resistance: 13025 / 13200 / 13350
Support: 12677 / 12655 / 12513
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Get ready for Stock Market Crash - April 24th of 2023 hello traders,
Get ready for Stock Market Crash - of 2023
#VIX is now on a major support and growing consistently,
on the week of April 24th 2023, it will break out of resistance and shoot up.
Therefore, Bulls only have Two more weeks, then Bears will take over, and it will be the Stock Market CRASH of the week of April 24 2023.
I will be liquidating all my Long Trades during the next two weeks, and opening more short positions.
Trade:
Safe - Carefully - Determined
Good Luck and Good Profit
Edward Trader
Moving Water
#SPX500 #SP100 #NASDAQ #CRASH