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NDQ

NASDAQ (NDQ): Bounce Or DieAnyone with two eyes can see price action is absolutely dreadful . We have seen rejection after rejection. War is still raging, FED still hasn't done anything, and the market is begging to be saved. This analysis is basically going to be a hedge against my bearish bias which I have strongly held for many months now as we have been heading into this unprecedented environment . Going to go over just a few things as we head into the rest of the week. There will be some hidden gems throughout . The first thing will be the elephant in the room which is this Monthly candle of Darkness ; This candle closes at the end of the week and I suspect the market is going to do everything it can to improve the close of it. I know usually the strongest move dictates the trend and I do believe the trend is still Bearish (obviously) but a bounce here is very possible. We have just endured the first series of earnings, they were about what I expected. Just enough to make it by, while Alphabet misses. Now as long as markets don't puke on open tomorrow, I suspect the market will be forward-looking once more, irrationally . Nothing aside from Nuclear Warefare or Oil catastrophe is going to send the market spirally at this very moment. Another thing that helps the case for a short-term bounce is the VIX : A really good rule of thumb for good R:R Entry is not when VIX is at support but rather when it is at resistance . VIX has bounced sharply to a zone of interest and there will be one of two outcomes. Breakdown = Bullish or Breakout = VERY Bearish Also going to mention the DXY. I've been 100% against the crowd every step of the way when it comes to the US Dollar. I believe that money finds itself in the most efficient position at all times, which is why the saying "But there is still sidelined money" is just a complete Myth. This is also fundamentally why DXY has been soaring while everyone has been Bearish on it for months. Holding cash even with inflation at 8% has proven more efficient than holding anything in equity markets over the last 6 months. It is all laid out to understand. That being said, as I'm still bullish on DXY just based on the number of technical breakouts and the environment we are in, I consider the possibility it sees some consolidation in this area. As money will creep back into assets, DXY will consolidate before any more big moves. This area is very reasonable to predict this. The last thing I'll mention is the US02Y yield and its correlation with the FED and their decision behind Rates. It has become a belief of mine that Powell or the FED just simply follow the US02Y yield regarding its policy. You can accurately see it based on this chart. Not only this but it is reaching a point of Very Strong resistance after an unprecedented vertical rocket up. To follow up on the US02Y for just a basic lesson, as the US02Y begins to top and reverse, this means (at least historically) the FED will begin walking back on the Hawkish rhetoric and the FED predicted Rate hikes would have peaked. Ultimately meaning, markets will rise on this knowing there may be light at the end of the tunnel. I can completely explain this occurrence logically but what I can't explain is how they fight inflation or avoid a hyperinflationary environment if they reverse policy without actually following through. Not to mention their planned QT. For now, all I can say is trust the parallels here in the original chart above. The market loves them. Just have to navigate level to level from here on out. If a bounce happens here, it would also confirm the Bullish Divergence on the RSI. Losing this level spell disaster in my opinion. Hope this helps!
TVC:NDQ
by NoOneWhoIsSomeone
2
NASDAQ (NDQ): Is At Reactionary ZoneThis week is going to be a far more important week than I think most anticipate. Some are assuming markets resume bullish after having previous strong bearish momentum. Things are much more complicated. The number of fundamental factors bouncing around currently is not just a narrative, they are the driving forces in the market. Currently, NDQ is risking falling further back into the channel it bullishly broke out of during the 2020 Boom . This is not just any channel, this was formed in 2009 and has been respected ever since. Another thing to take note of is the bullish divergence on the 3 Day RSI, which if it is lost will invalidate any bullish technicals. In simple bull runs with no war and easy monetary policy, narratives are an illusion . It is just the emotions of investors talking. But this time is not that. There are driving factors such as FED policy, Ukraine war, Sanctions/Embargoes, Roaring Inflation, High Energy, Extended housing Market, etc . These have all come into the light at relatively the same time over the 6 months to a year. Today is NOT like yesterday. Usually, there are clear inflation hedges, bonds are the safe haven as well as precious metals , and this is right about the time the FED starts implementing Easy Monetary Policy ... There is only one issue.... the FED hasn't even started yet! Be cautious, adapt, and don't resist the overwhelming tide that is about to flow in. Whether that is up or down .
TVC:NDQ
by NoOneWhoIsSomeone
2
NASDAQ (NDQ): Short Term Levels To Watch Keeping it simple again. Nothing but technicals here. Honestly, any price action before Earnings is just consolidation. The next few days will be the deciding factor short term. Elon rejuvenated the market today with his breath of fresh air in a climate saturated with restrictions and rules. Elon represents freedom, something we can ALL appreciate. He will become the MOST hated person by the media now, mark my words... Resistance: ~$13,900 ~$14,700 Support: ~$13,000
TVC:NDQ
by NoOneWhoIsSomeone
NDQ prepare for a BEAR market Slightly passing the previous peak to make people beliave and go long as much as possible, but i will be horrifying for all who are long at this time. There will be an event or monitary policy error or move from the goverment for an excuse for this that is going to happen. Right now there are factors that are precursors to the recession, but no one will believe that it is happening and it is coming. My prediction is that the stock market will be in a bear market for 2-2,5 years with target of 4100 of NDQ.
TVC:NDQShort
by sylvestertsochev26
2
SPX and M2 money supply - Fed induced bubbleWhen they say don't fight the fed, I am pretty sure this chart explains why. The massive growth of the S&P over the last 2 years is perfectly correlated to the Fed's unprecedented financial manipulation. Let's all hope that it does not come crashing down just as fast. It will be a miracle for the Fed to engineering a "soft landing" after such reckless policy for the past two years. They should have raised rates last year this time, then we would have had a chance. Good luck.
TVC:SPX
by Dr_Roboto
1
Two triangles in oneFor the Nasdaq100 and S&P500 !! Huge risk / reward if it goes to the rejection zone. Btw I'm thinking to sell only when my technical indicators will turned bearish, and not at a fixed price. There is a risk of the Nasdaq symmetrical triangle pattern leads to a break trough the support. Be careful to disable your buy orders during the pre and post-market, a breakaway gap could easily invalidate these patterns. Idea to be used with your favourites technical indicators (Squeeze momentum indicator , MACD etc...). I will set a BUY LMT at +0.40% over the support and a SELL STP at -0.25% For beginners: give a look to courses (investopedia or tradingview) about triangle pattern: descending triangle pattern, ascending triangle pattern and symmetrical triangle pattern .
NASDAQ:NDXLong
by Nicolas_Pradel
2
55% profit on the past 5 months trading NDX, here are my resultsYou can check it by yourself by looking at my previous ideas. Each time I buy or sell I publish a related idea on my channel. I usually trade with x3 leverage, unless other leverage is indicated in the corresponding idea. During the same time the NDX went down 7.65%. I outperformed the NDX of more than 60%... My name is Nicolas Pradel. I have started learning trading one year ago (45h/week during 3 months, then 15h+/week) through investopedia. I started buying and selling stocks through TWKS in september 2021. I am resident in ophthalmology in France. I do not only trade and work, I am also fond of sports (mainly backcountry skiing and surfing waves), and I am committed to humanitarian medicine in Africa. I have chosen to overspecialize in technical analysis of the Nasdaq100 (and S&P500) cause specialisation is the key to success. And trading seems to me to be one of the keys to freedom. Freedom and independence are the mains reasons I am trading. I won’t be as active in the next months than in the past months (I have others obligations due to my residency). But I can promise you to be back, even more motivated. I would want to create a team of smart and nice people, to share ideas and views about US stocks and trackers. If you are interested: contact me! Enjoy!
NASDAQ:NDX
by Nicolas_Pradel
1
The rotation from MegaCaps to SmallCaps is in FULL swing.Disclaimer: This chart shows how Non-Nasdaq100 Companies have fared vs Nasdaq100 Companies. I personally interpret this as the "SmallCap vs MegaCap Index". The recent days have been incredible. We're witnessing the probably strongest rotation from MegaCaps to SmallCaps the market has ever seen. 🙌 As some of you might now from my previous ideas - we've been in a bear market for a year , starting on February 11 2021: That bear market seems to be at an end now while the bear market for MegaCaps is just getting started 🐻. Trial number 3 seems to be successful - other's have miserably failed, like this one in August: While MegaCaps have tanked, normal stocks have rallied 🚀: Disclaimer: The chart you can see above is the Nasdaq Composite Index ( IXIQ ) cleaned of Nasdaq100 companies (to the best of my knowledge). It's definitely a good time to be out of ETF's and be in individual stocks that have reasonable valuations as compared to most US MegaCaps. As always, let me know your thoughts. 🤯
TVC:IXICLong
by The_Silen
Nasdaq 100 - Choppy price action continues Nasdaq 100 index grew approximately 10% since its low on 24th January 2022. At the moment, it experiences choppy price action. However, the situation looks less dire for NQ1! than a week or two weeks ago. The daily time frame continues to show bullish developments while the weekly time frame shows mixed conditions. We are turning increasingly bullish on NQ1! which still trades approximately 10% below its ATH value. We think the current valuation is attractive for entry of a long trade, especially with a long-term perspective. Technical analysis - daily time frame RSI is bullish. MACD points to the upside which is bullish, however, it still remains in the bearish area. Stochastic is bullish. DM+ and DM- show bearish conditions in the market. Further, ADX declines which signals weakening of the bearish trend. Overall, the daily time frame is bullish. Illustration 1.01 Picture above shows the daily chart of RSI of NQ1!. It broke its bearish structure which is bullish. Technical analysis - weekly time frame RSI reversed and now it points to bullish direction. Stochastic oscillates in the bearish area, however, it also managed to reverse and now it points to the upside. MACD is bearish. DM+ and DM- are bearish as well. ADX is flat. Overall, the weekly time frame is mixed. Support and resistance Short-term resistance lies at 15 260 USD and short-term support at 14 362.75 USD. Resistance 1 appears at 16 009.25 USD while Support 1 sits at 13 706 USD. Major resistance level is at the all time high value which equals 16 767.50 USD. Please feel free to express your own ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Your own due diligence is highly advised before entering trade.
CME_MINI:NQ1!Long
by Tradersweekly
2