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Nasdaqsignals

NASDAQ This rally isn't over yet.Three weeks ago (September 09, see chart below) we gave a very timely buy signal on Nasdaq (NDX), just after it touched its 1D MA200 (orange trend-line): As you can see, the index started a relentless rally, breaking the August 22 High, and the Lower Highs trend-line in the process. We don't expect that Leg to be over yet. Based on the two previous Bullish Legs of the 2-year Channel Up, they first touched the Inner Higher Highs trend-line and then pulled back to the 1D MA50 (blue trend-line). As a result, we expect a continuation of the upside with a short-term Target around 21000 and then after mid to end of October, pull-back towards the 1D MA50 going into the U.S. elections. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US100Long
by TradingShot
NAS100 Breakout: Aiming for New Highs as US30 Empire Gains The NAS100 has recently broken through key resistance levels and trend lines, signaling bullish momentum. With the US30 (Dow Jones) continuing to show strength, the NAS100 is expected to follow suit, aiming for new highs. The breakout suggests further upside potential as market confidence grows, supported by strong performance in tech and growth stocks. We anticipate continued upward movement, provided key support levels hold and the macroeconomic environment remains favorable. This could be an ideal entry for traders looking to capitalize on the ongoing rally.
OANDA:NAS100USDLong
by US30EMPIRE
NASDAQ gave the best longterm bullish signal. Is 25300 possible?Nasdaq (NDX) confirmed the bounce on the 1D MA200 (orange trend-line) as argued on our previous analysis (September 09) and the rebound made the ultimate bullish break-out last week, as it crossed above the Lower Highs trend-line of the July 11 All Time High (ATH), giving us the most consistent long-term buy signal on a 2-year basis. As you can see on this chart that goes as back as October 2022 and the bottom of the Inflation Crisis Bear Cycle, the two times that Nasdaq broke above such Lower Highs trend-line, while being above the 1D MA200, it gave the best buy signal possible, with both rallies peaking after a +49% and +48% rise respectively. The Sine Waves have also confirmed early this month that the index bottomed and now we have the ultimate bullish break-out confirmation. The longer the 1D MA50 (blue trend-line) holds the better, but even if it breaks (April 2024), we still expect that we are on a similar Bullish Leg that should top in roughly the same way (+47% i.e. one percent less than the previous). This gives us a long-term Target of 25300 for March - April 2025. We have plotted the Bullish Legs of 2023 and 2024 and as you can see, even though they diverge at times, they always converge again, forming a rough Channel Up, which can be a representation of our estimate course. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US100Long
by TradingShot
3
NASDAQ 100 (NAS100)If the Federal Reserve decides to implement a 50 basis point cut, it can often lead to a positive market reaction, particularly in technology-focused indices like the NASDAQ 100 (NAS100). However, predicting the exact magnitude of the movement is challenging as it can vary based on various factors, including:1. **Market Sentiment**: If the market perceives the rate cut as a strong signal of support for economic growth, NAS100 could see a notable rally. 2. **Investor Reactions**: Traders might react differently based on their expectations before the announcement. If the cut was anticipated, the immediate reaction might be muted, as much of the effect could have already been priced in. 3. **Additional Factors**: Other influences such as earnings reports from tech companies, inflation data, or global economic conditions can also affect how NAS100 responds post-announcement. In general, historically, significant rate cuts have led to positive movements in indices like the NAS100, potentially allowing for gains in the range of 1-3% on the day of the announcement. However, actual outcomes will depend on the factors mentioned above and cannot be guaranteed. It’s always wise to consider volatility and other market conditions when investing.
OANDA:NAS100USDLong
by US30EMPIRE
NASDAQ The index is well supported to hit 25k by mid 2025.Last week (September 09, see chart below), we gave a strong buy signal on Nasdaq (NDX) right as the price was testing the 1D MA200, a strong Support on its 2-year Channel Up: The index duly delivered and we've completed 5 straight green days already. Not only that but the 1D candle closing above the 1D MA50, practically confirmed the bullish extension into this week. The current week however isn't just a typical one, as we anticipate the Fed Rate Decision on Wednesday and even though the expectations are fixed on at least a 0.25% cut, the volatility is expected to be high. As a result, to filter out this short-term noise, we will resort today to the wider 1W time-frame, which helps keeping a more accurate long-term perspective. In fact it was the same chart we published 6 months ago (March 18, see chart below), which very accurately laid out the Support that you needed to calmly buy on the long-term, which as you can see, it has been a recurring signal since 2010: Every time the price broke above a Resistance, it was the ultimate buy entry if re-tested later as a Support. That happened in mid April and that's what happened last week as well. In fact, the index made a strong rejection on the 1.5 Channel Fibonacci level and then tested and held the 1W MA50, confirming the emergence of a Channel Up (orange) similar to June 2020 - November 2021. The 1W RSI similarities between the two fractals are also further evidence of this. As a result, we expect Nasdaq to reach as high as 25000 by mid 2025 (a little lower than our previous 6-month estimate but still good enough to be an excellent buy opportunity even now). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:NDXLong
by TradingShot
NAS100 1:6RR trade ideaIn the recent rate cuts and CPI news, the stocks have gained impulsively(Technology sector up +6%). The overall trend is still bearish as we expect to see a 7-10% correction in the stock market in September. Currently NAS100 has reached our level of interest(19450), which has been a strong support/resistance level in the past. Here we look for shorts targeting 19250 and 19100. Should we break 19450, we look for buys up to 20k. Will update next week. As always, trade safe and expect the unexpected. Fractals Trading Community, Mei
PEPPERSTONE:NAS100Short
by martinmei
NASDAQ Is an August Low re-test inevitable?Nasdaq (NDX) got heavily rejected last week on the 1D MA50 (blue trend-line) and almost reached on Friday its 1D MA200 (orange trend-line). That was the level that was brutally breached on the August 05 Low, which only found Support on the 1W MA50 (red trend-line) and rebounded. Technically those last two MA trend-lines are the long-term Buy Zone of the 2-year Channel Up that started after the October 13 2022 market bottom of the Inflation Crisis. Based on the last two major Higher Lows of that pattern though, it is possible for the index to re-test that August Low as it happened both on December 28 2022 (re-test of the October 13 2022 Low) and September 27 2023 (re-test of the August 13 2023 Low). The latter in fact dived on a 3rd wave a little lower to test the 1D MA200, but this time, this condition has already been met (1D MA200 already tested). This Low re-test tendency is also evident on the 1D RSI fractals among the Higher Lows sequences. If that scenario is materialized, it would give us both a big bullish and a big bearish development. From the bullish side, a 17300 re-test would form an exact Higher Low at the bottom of the 2-year Channel Up, which is positive as it will fulfil a strong bullish condition to move forward. On the bearish side though, that would mean a breach of the 1W MA50, which technically would be very negative, unless the 1W candle that will break it, manages to close the week above it on a strong bounce. Until then, lets initially see if the 1D MA200 holds (currently early in the day/ week it does) as if the price reverses here, we can technically have a bottom similar to October 26 2023. In any case, Nasdaq is just above the 1st long-term Buy Zone currently. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US100
by TradingShot
Nasdaq already in a Bear Market Hello everyone, We are currently in a topping process and chances are July 10, 2024 was the top for the Nasdaq (NDX). I believe that we will fill the gap before entering the bear market. A confirmation of a lower high on NDX and a higher high on SPX would show a clear divergence confirming a market top. It's clear that the Russell (IWM) is not making new highs and showing a clear divergence from SPX and NDX making new highs suggesting this is the top. NDX may have already entered a bear market and will not be making new highs and this is simply an ABC corrective wave up before making new lows. TLDR: NDX ABC CORRECTIVE WAVE UP BEFORE NEW LOWS; NDX WILL MAKE LOWER HIGHS AND SPX NEW HIGHS WILL CONFIRM THIS A MARKET TOP
NASDAQ:NDX
by justaturboman44
4
Nasdaq Bearish Outlook Below 18,920 Ahead of Key Economic DataNasdaq Technical Analysis The Nasdaq price has declined and stabilized below the pivot range of 18,920, indicating a bearish trend. As long as the price remains below 18,760 and 18,920, further downside is expected, with potential targets at 18,420. A break below this level could extend the bearish trend. For a bullish reversal, the price would need to stabilize above 18,920, with an upward move towards 19,160. The upcoming release of the NFP and Unemployment Rate will also have a significant impact on the market. Results below expectations would be positive for the indices. Key Levels: Pivot Range: 18,760 - 18,920 Resistance Levels: 19020, 19185, 19390 Support Levels: 18560, 18420, 17900 Expected Trading Range: 18,930 - 18,420 Trend: Bearish while below 18,760.
OANDA:NAS100USDShort
by SroshMayi
NASDAQ won't correct again in 2024It has been almost 1 year (October 24 2023, see chart below) when we called for a mega buy opportunity on Nasdaq's (NDX) last bottom: As you can see, the index started an insane rally sequence right on that weekly candle and didn't correct again that much before the recent July - August 2024 pull-back. The gains from that bottom buy signal have been almost +50% and as the 1W MA50 (blue trend-line) was tested on the early August Low and held, we expect Nasdaq to resume and maintain the steady bullish trend for the rest of the year. The next Target before it gives a medium-term correction again in our opinion is 22500, which is exactly on the 1.618 Fibonacci extension from the October 2022 market bottom. The reason we project this target is because, as you can see on our October 2023 analysis above, we find remarkable similarities between the 2022 Inflation Crisis correction and the 2008 Housing Crisis. This is what helped us give the mega buy signal in October, because the price formed a 1W MA50/MA100 Bullish Cross, the first since February 2010 and the correction was contained above the 0.618 Fibonacci retracement level. So with the 1.236 Fib already achieved during the current (blue) Channel Up (see how both recovery sequences take place within Channel Up patterns), the next in line is the 1.618 Fib at 22500. According to all the above, the next time that Nasdaq could correct might be early in 2025. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:NDXLong
by TradingShot
10
NAS100 - Set up and waiting for confirmationTeam, I am setting up the long position, howver I still waiting for the confirmation. The current market price is 18814, I would prefer if it reached above 18836-42 to confirm my long position. If the market break though the support line 18784 then we call it off. If the price however consolidate and move toward the above price 18836-42, then I will enter my long position, with stop loss at 18772 Target 1 - 18964.70 Tareget 2 - 19196.50
PEPPERSTONE:NAS100Long
by ActiveTraderRoom
1