THIS IS A FAKE OUT IMO! BUY THE DIPNASDAQ:QQQ AMEX:SPY AMEX:IWM
THIS IS A FAKE OUT! BUY THE DIP 👇
-Strong Economic Fundamentals
-Hawkish FED spreading FUD
-Same Government shutdown scares every year
-2T+ in options (mostly call) expiring today
-Gains being pressured to be sold for 24 taxes
-Scare meme coin & gambler bro's out the markets
-Incoming party is for business & the stock market
-VIX spiked faster than Japanese trade crisis
-Inflation still coming down
-AI is still strong and a catalyst
-Company earnings are still hefty
-Global markets are curling up not down
All of these reasons explain my point of this being a FAKE OUT. I will be buying this DIP because I see nothing CONCRETE! All I see is that the market maker and FED Chair Powell teamed up to be the GRINCH & SCROOGE this Holiday season. Not financial advice.
Nasdaq100analysis
Nasdaq ThoughtsGOOD MORNING Everyone! Please find my Nasdaq market analysis for today below. As a price action trader, I encourage you to compare my charts with yours and use my insights to enhance your skills. These videos are designed for educational purposes only, not as trading signals. My goal is to help you grow and become a proficient trader.
NASDAQ 100 Analysis!NASDAQ:NDX Analysis on a 4Hr Timeframe!
Double Bottom/M Pattern Formation in NASDAQ100!
RSI Divergence in NASDAQ100!
Evening Star Candlestick Pattern at Resistance Level!
I have done all Analysis on the chart please have a look!
Disclaimer = Consider my analysis for Educational Purpose only.
Before entering into any trade -
1) Educate Yourself
2) Do your research and analysis
3) Define your Risk to Reward ratio
4) Don't trade with full capital
NASDAQ ANALYSIS Chart : 4Hour
Overall Trend : Bullish
Current Market Structure : Consolidation
Scenario 1 :
Price is currently consolidating at a supply area .Price could begin to drop from this 4hour supply area and continue its way to the down side .
OR
Scenario 2 :
Price can even break above the first OB . And moving its way to the extreme OB and then push towards the downside from then .
NASDAQ ANALYSIS💸NASDAQ💸
Chart : 4Hour
Overall Trend : Bullish
Current Market Structure : Consolidation
Scenario 1 :
Market has been respecting our supply area at 17690 , As you can see price is failing to break above this area .
we can look for short term selling set ups if the market gives us one . We trade on confirmation only .
If we do get a break to the downside , we will be targeting the following demand area at 17200.
Nasdaq Intraday Review – Wednesday 29 Nov 2023I trade Nasdaq intraday exclusively
Trading in GMT time zone
Sharing my post day review & analysis in case it can help you :)
- Today I was looking exclusively for a buy as Nasdaq is strong bullish – “The trend is your friend”
- Did my analysis at +-5:30am GMT
- Identified 3 zones where I would have entered 1 position at each zone
- Zone 1 = confluences:
30 min 20 EMA dynamic support
Small Head and Shoulders on one hour had broken the neckline and travelled down +- the same distance as the height of the pattern itself. Ususally Nas moves back to retest the neckline (i.e in this case it would buy back up to at least the neckline – giving some confidence that the market would at least bounce off the 30min EMA
- Zone 2 = confluences:
1H 20 EMA dynamic support (at time of analysis)
4H TF 0.382 Fib retracement level
Retest of the triangle that the market had just broken out of
- Zone 3 = confluences:
4H TF 0.50 Fib retracement level
Pivot point as support
4H 20 EMA as dynamic support (at time of analysis)
Stop for all three positions would have been thick pink line at bottom of triangle that had just been broken
- Market only moved to my Zone 1, so entered 1 long position.
- Market moved past TP1 and TP2 – I didn’t take profit because the thick pink vertical line is the expected move after a breakout of a triangle (i.e. The height of the triangle is the distance of the expected breakout).
- Closed half my position after the formation of the doji candle on the 1 hour and left the other half running. Moved the stop of my runner to entry so that I wouldn’t take a loss on this position if the market moved back down.
- My TP for my runner was a “time” take profit…. i.e. I wait till the end of the day to see how far the market has rallied. Nasdaq often keeps moving after a breakout for the whole day.
- Unfortunately, the market respected the rising wedge upper trend line (the dark brown line) and moved down so drastically that it took out my runner at entry.
- Ultimately +-900 pips profit for the day.
- So, I’m done for the day!
- Good luck if you are still trading!
TF = timeframe
TP = take profit
1H = 1 hour
4H = 4 hour
D = day
Nasdaq average returns (before and after) ThanksgivingBased on the observation that US equity markets tend to perform well heading into Thanksgiving, we decided to take a proper look at the figures. And it turns out, the Wednesday ahead of Thanksgiving tends to average the strongest positive returns of 0.54% with an 80.6% win rate.
The Nasdaq followed its seasonal tendency to rise on Monday, and closed at a 22-month high above 16k. Whilst Tuesday tends to be a down day, it has risen 52.8% of the time which explains the positive median return. But in a nutshell, the Nasdaq tends to rally into Thanksgiving and weaken the following Monday. And with RSI 2 and RSI 14 overbought alongside hype of strong Nvidia earnings, bulls may want to err on the side of caution next week - especially if we see a strong rally on Wednesday.
Lazyluchi Trades Nasdaq EP 30I've been closely eyeing two formidable support zones: 14706 and 14566. These zones have been like battle-tested fortresses, holding their ground against market forces for a considerable duration.
My trading strategy revolves around the idea of potentially buying at these critical levels and holding steadfast, seeking not just profit, but aiming for that coveted 3R (a reward three times the risk).
Yet, as any seasoned trader knows, the market is an ever-changing beast. If these support zones are breached, a new opportunity arises on the other side of the battlefield. In this scenario, I have my sights set on riding the shorts, navigating the market's bearish waves until we reach the next bastion of support at 14235.
I've set my alerts, like sentinels, to notify me of any significant movements in either direction.
Now, here's the twist that has left me utterly astounded: all my recent trades have hit their take-profit marks. I managed to accumulate an astonishing total of 150+400 ticks. It's nothing short of astonishing because, honestly, I never truly believed I had the resilience to hold onto my positions as the market ebbed and flowed.
This week has undoubtedly been one for the record books, a testament to the growth of my trading skills and the power of determination. It's moments like these that remind me of the untapped potential within myself and the boundless opportunities the market presents.
Let’s see what she gives for the coming week..
US100 NAS100 Technical Analysis and Trade IdeaThe US100 index has recently faced notable downward pressure, as evidenced by the chart displaying a robust bearish movement towards a key support level on the higher time frames. In our video, we meticulously analyzed various aspects of technical analysis, including trend market structure, price action, and other crucial factors. Towards the latter part of the video, we also delve into a potential trade opportunity for the NAS100. It's important to note that all information provided in the video is purely for educational purposes and should not be interpreted as financial advice. Trade the NASDAQ with sound risk management.
Lazyluchi Trades Nasdaq EP 24
Let's dive into the current state of NASDAQ 100. After a week of bearish pressure, we've witnessed an interesting turn of events—a bullish divergence! 📉📈 This could indicate a potential shift in momentum, but as always, caution is key. Bear with me as I break down the technicals: NASDAQ 100 has broken past its lower highs, suggesting a potential trend reversal. This divergence often signals weakening bearish momentum, potentially opening doors for the bulls to regain control. 🐂📊 #TechnicalAnalysis
The next point of support seems to be around the 15073-15140 range. This area could act as a crucial zone to watch, as it might determine the strength of the potential bullish trend continuation or Vice-versa 📉🚀 #SupportLevels #NASDAQAnalysis
Now, onto my current trade: I've entered a buy position at an opportune moment, catching the bullish continuation in action. So far, the trade has already gained 30 points, adding a nice touch to my trading account. 📈💼 However, it's essential to remember that trading is a game of probabilities. While the signs are encouraging, nothing is guaranteed in the markets. I'm keeping a close eye on the price action and structures ready to change my bias if needed. 🧐🔍
My trade has a target of 100 points, aiming to capitalize on the potential upward movement. If the trade reaches my target, I'll consider taking profits. If not, I'm prepared to manage potential losses. 💡🎯 My current buy trade is off to a good start, but the journey ahead remains uncertain.
Trade idea NQ Nasdaq100 Future on 55mThis is the result of my analysis about the 55m chart possible price action develepement. Just an idea, nothing seriouse. Worth to monitor ;) Pls leave a like when it worked out
Das ist das Ergebnis meiner Analyse über den 55m Chart mögliche Preisentwicklung. Nur eine idee, nichts gravierendes. Wert, im Auge zu behalten ;) Bitte liken wenn es gefällt
🚨 US100 HIGH PROBABILITY SELL SETUP SOON 🚨🚨 US100 HIGH PROBABILITY SELL SETUP SOON 🚨
* Here we can see the next potential move for Nasdaq100 ion coming hours or day.
* I can see its forming the double top reversal pattern at the strong resistance level of 15257.2.
* EP(SELL): 15110.2
* TP1: 14920.2
* TP2: 14877.1
*No SL provided for this trade.
* Keep your eye close on your trading positions.
* Happy pip hunting traders.
* FX KILLA *
Nasdaq: Taking a Break… 😮💨Currently, Nasdaq is taking a break from the exhausting ascent it has realized from the low of wave iv in turquoise. However, we expect the index to activate some more upwards momentum, expanding wave v in turquoise so that a higher top of wave i in orange can be reached. This done, Nasdaq should turn downwards and drop below the support at 13 566 points to develop wave ii in orange. There is a 40% chance, though, that the index could bounce off this mark, finishing wave alt.iv in turquoise instead. In that case, we would expect a delayed expansion of wave alt.ii in orange and thus a delayed drop below the mentioned support line.
NASDAQ 100 Analysis! Will it Reach 14000 ?NASDAQ 100 Weekly Analysis!
Bullish View on NASDAQ 100!
NASDAQ 100 Expecting 14000 Level!
NASDAQ 100 Moving as per Double Bottom Pattern Analysis!
NASDAQ 100 formed a Double Bottom Pattern after a decent downtrend. The index gave breakout to the neck level and did retest to it. After that index moving in upward direction. Now price is moving in a range like strong consolidation is happening inside this range. The RSI also in uptrend and taking nice support on the support trendline. As per Double Bottom Pattern Analysis, I have projected the target at 14027.85 level. Hope the index will touch 14000 level in upcoming weeks.