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Nasdaqanalysis

Nasdaq Index - Bull or bear market more likely?I got a bit of criticism over not being clear enough in my previous chart. So i have created specifically a Nasdaq index chart which will show my thinking more clearly. The Nasdaq index back at the start of 2000 was the bull market to end bull markets. The innovation of using the internet was a technological revolution and no one saw an end to the bull market...until it ended. The end coincided with a break of medium term trendline as the internet startups folded one by one. From that point onwards the Nasdaq entered a brear market and didn't recover the old highs for another 15 years. We're in a similiar position today, with the fed about to raise rates to control inflation, no one appears to think the impossible is possible. It is. If we break this medium term trendline, which appears to be very close to breaking (2 weekly closes below the line would confirm a break), we would expect a bear market to follow. This could take decades to recover from. What goes up, must also come down (at least a bit). The fact that the nasdaq market cap is more than half comprised of only 6 companies, suggests that it is just as sensitive to a large correction today. Albeit the reasons for a bear market will be very different. Easy money has distorted the markets and funds like Arkk that think 40% annualised returns are possible with these stocks may be signs that we are at frenzy level of bullishness (just like in 2000). I do not expect the bear market to be as bad as the beginning of the millenium, however i do think it will be signficiant and it could be coming sooner than expected, with fed tightening expected to quicken.
NASDAQ:NDXShort
by WinstonWolfe
6
BUY NASDAQGood morning traders ! I've made this analysis with basics lines so beginner traders can understand this configuration which is a little bit hard for some people to get. As you can see on the NASDAQ daily chart, in the past 2 days we had a big drop due to the announcements major companies have announced,yesterday the market managed to brake the drop with a high volume spring box and that means the market will continue climbing up moreover we have the triple bottom configuration which shows that the market will continue going long. Follow me for more analysis.
ULong
by YassineAnalysis
NAS100 - Buy pressure zones for when we drop!Simple, we like to see price drop for us to add to our long positions Use our analysis as a sentiment Analysis is only 1 piece of the puzzle 🧩 Our analysis is a sentiment for the upcoming week, month. Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining. Trade this sentiment based off your own entry strategy at the right time. Flow with the Devil 😈 Trade with the manipulation👾 STAY UPDATED BELOW!
OANDA:NAS100USDLong
by FlyDownX
3
Nas100 bulls are challenged at 15570 levelNas100 has been very dramatic at the start of the festive season. (Hahaha). It is direction is quite unpredictable. But here is one thing we can take notice of: we see a HTF rising channel and for days bears have been trying their best to push price to the support of this channel, but to no avail. Nas100 is held around 15570.00, a level that seems to challenge the bulls. A complete violation of this level we can expect a spike down to the support of the channel. Taking short positions should really be taken with caution at this point, at least using trailing stop once positions are filled. As for my part, I will carefully monitor price once it has reached the support of the channel for potential long positions. We therefore need to be very patient to wait for price to give us clear direction and opportunities to enter positions. Please show your support with likes if you find this idea beneficial.
FX:NAS100
by Forexintelligence_NA
1
These few chart patterns will improve your trading!Hello everyone, Let's look at few of my favorite chart patterns that I use from day to day in my trading and analyses. These patterns appears in almost every asset, instrument and currency pairs in the financial market and stock market. Forex chart patterns are on-chart price action patterns that have a higher than average probability of follow-through in a particular direction. They have offer significant clues to price action traders that use technical chart analysis in their forex trading decision process. Each chart pattern has the potential to push the price toward a new move. Forex traders tend to identify chart patterns in order to take advantage of upcoming price swings. Forex trading patterns are divided in groups based on the potential price direction of the pattern. There are three main types of chart patterns classified in Forex technical charting: 🔹 Continuation Chart Patterns 🔹 Reversal Chart Patterns 🔹 Neutral Chart Patterns 1. Bullish Flag In the context of technical analysis, a flag is a price pattern that, in a shorter time frame, moves counter to the prevailing price trend observed in a longer time frame on a price chart. It is named because of the way it reminds the viewer of a flag on a flagpole. The flag pattern is used to identify the possible continuation of a previous trend from a point at which price has drifted against that same trend. Should the trend resume, the price increase could be rapid, making the timing of a trade advantageous by noticing the flag pattern. In this scenario a bullish flag can be a sign that the previous bullish move that occurred prior to this pattern is likely to continue in the same direction. Opposite can be said with the bearish flag. 2. Double bottom The double bottom is a reversal pattern that occurs after an extended move down. The pattern signals that the market is unable to break through a key support level, and thus is likely to move higher. This pattern consist of 🔹First bottom 🔹Second bottom 🔹Neckline Neckline represents a resistance level that forms after the first bottom. A daily close above the neckline confirms the double bottom pattern. A total break through the neckline may confirm a violation of this pattern, long positions can opened once price has closed above the neckline at times a successful retest of price to the neckline can confirm a strong reversal. The opposite of this pattern is the Double Top which is a sign of reversal in bullish market, signaling a strong move to the downside. 3. Triple Bottom A triple bottom is a visual pattern that shows the buyers (bulls) taking control of the price action from the sellers (bears) and that price is about to change direction to the upside. A triple bottom is generally seen as three roughly equal lows bouncing off support followed by the price action breaching resistance. The formation of triple bottom is seen as an opportunity to enter a bullish position. The triple bottom consist of: 🔹First bottom 🔹Second bottom 🔹Third bottom 🔹Neckline The opposite of the triple bottom is a triple top which can signal a move to the downside. 4. Head and Shoulders A head and shoulders pattern is a chart formation that appears as a baseline with three peaks: The outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal, while an inverse head and shoulders indicates the reverse. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns, but does have its limitations. 5. Rectangle A rectangle occurs when the price is moving between horizontal support and resistance levels. The pattern indicates there is no trend, as the price moves up and down between support and resistance. The rectangle ends when there is a breakout, and the price moves out of the rectangle. Some traders like to trade the rectangles, buying near the bottom and selling or shorting near the top, while others prefer to wait for breakouts. 6. Symmetrical Triangle The symmetrical triangle pattern is a continuation chart pattern like Ascending and Descending Triangle patterns. This pattern is characterized by two converging trend lines that connect a series of troughs and peaks. The trend lines should be converging to make an equal slope. This pattern indicates a phase of consolidation before the prices breakout. 7. Ascending Triangle The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. There are instances when ascending triangles form as reversal patterns at the end of a downtrend, but they are typically continuation patterns. Regardless of where they form, ascending triangles are bullish patterns that indicate accumulation. Because of its shape, the pattern can also be referred to as a right-angle triangle. Two or more equal highs form a horizontal line at the top. Two or more rising troughs form an ascending trend line that converges on the horizontal line as it rises. If both lines were extended right, the ascending trend line could act as the hypotenuse of a right triangle. If a perpendicular line were drawn extending down from the left end of the horizontal line, a right triangle would form. 8. Cup and Handle The Cup and Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. There are two parts to the pattern: the cup and the handle. The cup forms after an advance and looks like a bowl or rounding bottom. As the cup is completed, a trading range develops on the right-hand side and the handle is formed. A subsequent breakout from the handle's trading range signals a continuation of the prior advance. The opposite of this is the Inverse Cup and Handle that appears in the bearish market and that act as a continuation pattern and sponsor move to the downside after the breakout. Friends if you enjoy this educational contents please do not forget to show your support with likes. Do follow me for more future contents like this.
FX:NAS100Education
by Forexintelligence_NA
Nasdaq 100- Strong reversal can lead to continuationFor more than a year now(since Sept 2020), Nas100 is trading inside an ascending channel, and dips around support of this channel were constantly bought. The correction of this trend, started last week, looks over and we have a very strong bullish engulfing candle on our daily chart. This candle can lead to continuation to the upside and a new ATH could be reached. The upper boundary of the channel can provide resistance and exit point for short to medium-term traders and only price under 15.500 would be bearish for US100. Buy dips is my strategy for this index
OANDA:NAS100USDLong
by Mihai_Iacob
9
Nas100 Weekly Breakdown: Reading charts like a pro📈📉Hello friends, Today I have decided to share with you what I look for in the market and what helps me to predict market movements. In this idea, I have used Nas100 as an example. I am sharing this for educational purposes and also to shed light on the current market structures as well as future movement of Nas100. Some of you might find this beneficial and others won't. It doesn't really matters. Hahahaha. First of all, we see that Nas100 printed a head and shoulders pattern the past weeks. What exactly is a head and shoulders pattern? According to Wikipedia: "Head and Shoulders formations consist of a left shoulder, a head, and a right shoulder and a line drawn as the neckline. The left shoulder is formed at the end of an extensive move during which volume is noticeably high. After the peak of the left shoulder is formed, there is a subsequent reaction and prices slide down somewhat, generally occurring on low volume. The prices rally up to form the head with normal or heavy volume and subsequent reaction downward is accompanied with lesser volume. The right shoulder is formed when prices move up again but remain below the central peak called the Head and fall down nearly equal to the first valley between the left shoulder and the head or at least below the peak of the left shoulder. Volume is lesser in the right shoulder formation compared to the left shoulder and the head formation. A neckline can be drawn across the bottoms of the left shoulder, the head and the right shoulder. When prices break through this neckline and keep on falling after forming the right shoulder, it is the ultimate confirmation of the completion of the Head and Shoulders Top formation. It is quite possible that prices pull back to touch the neckline before continuing their declining trend." That make sense doesn't it? For a head shoulders pattern to be completed, it should have a left peak (shoulder), top peak (head), right peak (shoulder) and a neckline. A neckline needs to be broken (sometimes retested) to validate the pattern and to ensure that the next impulsive move is likely to occur. Let's look at the psychological human behavior behind the head and shoulders pattern (in this scenario, I will use the head and shoulders top like the one we currently see on Nas100). This will also help us to understand if this is a real head and shoulders or fake one (there can be fake ones that can give wrong signals, hahahaha). This will also help us to understand what really is in the in mind of traders both institutional traders and retail traders. Please pay attention to my two arrows label X and Y. X- Price rallied high and it did so strongly (the market moved very rapidly without resting and for sure people that bought during that time had big fat smiles😁). Now that is what we call an Impulsive Wave. Price pushed up, and from the neckline price began to take a break from a long run and it printed the Left Shoulder which can also be said as the higher high. Again, price pushed up and formed the head which can also be said as another higher high, this peak is higher than the previous high. Oops, that is the last time we saw buyers flexing their muscles. Sellers stepped in, pushing price to the neckline and from there buyers weren't strong enough to push price back to where they were brought from (head), instead sellers kept price at the same level as the left shoulder, which sponsored a strong reaction that violated the neckline and that became bears victory (a break of the neckline). What is next for us? Since the neckline has been broken, how far should the fall be? Now here is where we get different answers. Some would tell you, first impulsive wave I labelled X is a shadow of what is to come, meaning what we should expect is the same impulsive wave to be printed at point Y, same length as X. It can make sense to some but it won't be to others. Here is a thing, whatever makes money for you is all what matters. What other people think is basically none of my business (sorry)😁, As long as the money is made. Right? Yes! We do not want to blindly follow what is in the books, what is taught and what is on the internet. We need to develop the mind of understanding and interpreting the current price action in the market. If we can do so on our own, that is maturity. Look at the market like you would look at a friend, you would understand and interpret your friend's feelings and emotions, when he is sad and when he is happy. The market, this thing called the financial market is dramatic, but if we only sit and try our best to understand and of course interpret the current mood in the market we can reap some measure of success. Do you enjoy this article? Do you want me to share many of this? Show me you do by hitting that like button. If you find this boring please be kind to tell me why, I will improve. Wishing everyone the best this week. Forexintelligence
FX:NAS100Short
by Forexintelligence_NA
9
NASDAQ analysis | 1D Time frame• It looks like hopeful views will return to the market by the end of this week. • Also, taking into account the data announced this week, if the Nasdaq index can not be stabilized above the 16370 region. It is likely to decline to targets of 16,000, 15,700 and even 15,350 in the medium term. • With the support of buyers and volumetric support of the Nasdaq index, the price of the Nasdaq index can reach 17,000 by the end of 2021, crossing the 16700 region.
CAPITALCOM:US100
by Mahdishoghli
Nas100 might rise to 16400 to complete the wedgeWe should expect further consolidations between 16000 and 16400 to complete the broadening wedge. There's high possibility that Nas100 will rise to complete the broadening wedge formation to the top side. A break above the wedge will attract more buying pressure and send price higher to 17000.00 and on the other hand, failure for bulls to break above the wedge, will attract more selling pressure and Nas100 will remain vulnerable to more weaknesses. We should continue to monitor price and further developments while being vigilant with our positioning, following a very good trading plan. Please support this idea with likes and feel free to share your opinion in the comment section below.
FX:NAS100Long
by Forexintelligence_NA
7
Nas100 will continue to rise after a retest of the necklineFriends, if you are enjoying my ideas please show your support with likes and do not forget to follow so you stay updated with new ideas. Congratulations to everyone that followed the previous predictions and followed Nas100 from the bottom. As stated in my previous analyses, Nas100 formed a double bottom which the Neckline got violated to the top. We can expect price to retrace a bit down to retest the neckline before continuing higher. I expect price to react at the previous high before extending towards 17000.00. Do also make sure to check out some of my previous ideas by following the links below. Enjoy
FX:NAS100Long
by Forexintelligence_NA
10
Do not miss this Nas100 buy opportunity Congratulations to everyone that followed my previous sell idea. We saw a very strong drop on Nas100 the past 2 days, dropping with at least 3.80%. Looking at the technically aspect and market structure, we see that Nas100 has printed highs and lows which these Structures still holds. I expect bulls to push price above the November 2021 high and there I expect price to find support. A rise above 16400.00 will attract more buyers and price will be send higher targeting 17000 as the new high. Bears will have a struggle to fully violate the November 2021 high and the low. Please support this idea with likes.
FX:NAS100Long
by Forexintelligence_NA
13
NASDAQ100 SELL UPDATEaround 17;00 CAT the price made amazing bearish moves, however, had spiked and hit stop losses in profits (small profits for the clients but profits nun the less) we had identified a new trend line and the price could start moving bearish from around 19;00 CAT (if respected) to an intraday broken resistance zone of 164200.20. we are selling now as the price is overbought and touching the trendline however if you would like to play it safe wait for the price to break 16200.20 retest it then sells.
UShort
by LUNGU_FX
3
After consolidation, Nas100 will be ready to rise for 4000 pointAfter consolidation, Nas100 will be ready to rise for 4000 points. 🔍 Technical expectations: 🔹Further consolidation have to be expected around the local resistance. 🔹A break above the local resistance will send price higher and bears will likely have less control of the market. 🔹I see nothing that can hold the giant index back to reaching for new highs. It has always been on the rise and this is just a fresh new beginning for Nas100 to climb high seeing that it recently bounced up from the high timeframe support. ❗️Take note: Do not take my idea as a general advice or signal and act upon it without your own analysis. I encourage you to follow me that when I post new updates you get informed of this. Please support this idea with a like and feel free to share your thoughts and opinions in the comment section below 👍 Many wishes and trade smart!
FX:NAS100Long
by Forexintelligence_NA
5