Get started

Nasdaqtrading

NASDAQ: 4H MA200 held, Channel Up targeting 21,850.Nasdaq has just turned bullish on its 1D technical outlook (RSI = 56.079, MACD = 48.410, ADX = 18.587), which is a strong buy signal after two days of consolidation, considering that the short term pattern is a Channel Up. Assuming that consolidation was its latest correction that had to test the 4H MA200 as support, we now expect the pattern to resume the uptrend and target the R2 level (TP = 21,860). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US100Long
by InvestingScope
NASDAQ: First 4H Death Cross since September is a Buy Signal!Nasdaq is bearish on its 1D technical outlook (RSI = 39.062, MACD = -70.200, ADX = 29.762) as it is on a downtrend since December 16th, almost 1 month. Technically this downtrend is the bearish wave of the medium term Channel Up. Last Wednesday the index formed its first 4H Death Cross since September 10th 2024 and interestingly enough, instead of bullish, it was a buy signal then. As the current bearish wave is now almost at the bottom of the Channel Up, this is technically a HL, thus the most efficient buy entry on the short term. The September bullish wave peaked on the 1.236 Fibonacci extension before a pullback under the 4H MA50 again, so we now turn bullish on Nasdaq, aiming again for the 1.236 Fib (TP = 22,500). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US100Long
by InvestingScope
NASDAQ: The buy zone is under the 1D MA50.Nasdaq is neutral on its 1D technical outlook (RSI = 47.510, MACD = 54.540, ADX = 27.946) as it got rejected yesterday back to its 1D MA50. This trendline is holding since September 12th and during this 4 month period is sustained a very steady uptrend. This is so far the bullish sequence with the slowest pace inside the 2 year Channel Up. This lack of strength along with the fact that the 1D RSI formed a pattern that during these 2 years was followed by a dip under the 1D MA50, suggests that it might be best waiting for the price to hit the 1D MA100 before placing a long term buy again. Once this condition is met, we will go long and aim for the 2.0 Fibonacci extension (TP = 24,350), which was always hit when a Channel Top was priced. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:NDX
by InvestingScope
NASDAQ: Technical pullback presenting a buy opportunityNasdaq got oversold on 1H due to the strong selling on opening but remains neutral on its 1D technical outlook (RSI = 51.372, MACD = 205.380, ADX = 49.545) as it is still over the 1D MA50. More specifically, it was the rebound on the latter last Friday (Dec 20th) that has initiated the current bullish wave. This is the 5th bullish wave inside the 5 month Channel Up and as long as the 1D MA50 continues to support, we are expecting a new High. As with the prior Highs, we are targeting the 2.382 Fibonacci extension (TP = 22,550). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US100Long
by InvestingScope
NASDAQ: Bullish until March 2025.Nasdaq is overbought on the 1D timeframe (RSI = 72.532, MACD = 396.420, ADX = 56.355) and is about to do the same on the 1W as well (RSI = 69.424). This is because the Bull Cycle is on full extent. However, in anticipation of Q1 2025, we are entering the final phase of the Cycle. This is a Top sequence that we've seen three time before in the last 10 years. The early signal for this is when the 3W RSI forms overbought (RSI > 70.000) LH. Each time that happened, the index had a sharp drop to at least the 3W MA50. TP = 19,000 could be an early target. See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:NDXLong
by InvestingScope
7
NASDAQ: Buy near the 4H MA50.Nasdaq is bullish on its 1D technical outlook (RSI = 62.360, MACD = 259.490, ADX = 43.763) as it remains within the medium term Channel Up. The recent bearish wave is correcting the uptrend towards the 4H MA50, which if technically holds, should give way to the new bullish wave. The 4H RSI is headed towards its S1 Zone, which is the buying level so you can time the entries acccordingly. Our target is the 2.0 Fibonacci extension (TP = 22,000). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US100Long
by InvestingScope
NASDAQ: Strong bullish breakout today targeting 21,600Nasdaq is bullish on its 1D technical outlook (RSI = 61.836, MACD = 123.620, ADX = 32.041) as today posted the strongest 1D candle since Nov 7th, extending the new bullish wave. The whole sequence is supported by the 1D MA50 since September 12th. Even though we are technically more than halfway through the wave, this is still a strong buy opportunity, aiming for a +6.80% rise (TP = 21,600) as it has previously done so inside the 3 month Channel Up. See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US100Long
by InvestingScope
NASDAQ: Touched the 4H MA200 and MACD Bullish Cross forming.Nasdaq turned neutral again on its 1D technical outlook (RSI = 49.926, MACD = 156.450, ADX = 29.632) as the price pulled back aggressively to the point that it reached the 4H MA200 again for the first time since the elections day. With the exception of Oct 31st, this level hasn't been touched since September 11th, as the trend is rising inside a Channel Up. The 4H MACD will form tomorrow a Bullish Cross, which has been an early buy signal on the previous bottoms. We expect a new bullish wave to begin. We aim again for a +6.80% rise (TP = 21,600) like the two bullish waves of the pattern. See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US100Long
by InvestingScope
1
NASDAQ: Channel Up intact. Targeting 22,000.Nasdaq is on excellent bullish technical levels on the 1D timeframe (RSI = 65.968, MACD = 283.550, ADX = 47.440) as it is rising on the new bullih wave of the August Channel Up. The bullish wave confirmed the strong buying pressure as the 1D MA50 held and kickstarted it after a Bullish Cross on the 1D MACD. Based on the previous bullish wave in September, we are currently in the middle of a +10.90% wave. We are targeting its full length (TP = 22,000). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US100Long
by InvestingScope