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NASDAQ 100 CFD

NASDAQ Forming the 1st 1D Golden Cross since May 2020!Nasdaq (NDX) hit our first target (12370) on last week's analysis and as the condition for the next one wasn't fulfilled (closing a candle above Resistance 1 (12230)), we didn't re-buy: This week comes with even stronger technical news as despite yesterday's Powell driven rejection, the index is about to form a 1D Golden Cross, the first since May 22 2020! That alone is a major bullish signal for the long-term and as even the 4H MA50 (red trend-line) is supporting, we are buying again with Target 1 being the same (12370). As mentioned previously, if a candle closes above Resistance 1, we will enter another buy targeting 12740 (slightly below Resistance 2). Note that even though this is a Channel Down pattern since the February 02 High (see how perfectly all candles have closed within the pattern), it is the 1D Golden Cross as well as the Higher Lows on the 1D RSI that are making us believe a bullish reversal is emerging. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
ULong
by TradingShot
5
Nasdaq -> Please Listen To MeHello Traders, welcome to this free and educational multi-timeframe technical analysis . From a weekly perspective, the Nasdaq in my opinion looks extremely bullish. We just created a double bottom with a break above the neckline and last week we already started the continuation towards the upside. We are also having a bullish weekly ema crossover, all things pointing towards the beginning of the next bullmarket so on the weekly timeframe I just expect the continuation towards the upside. On the daily timeframe we are currently retesting previous support which is now turned resistance so I am now just waiting for a break and retest of the resistance area which is then turned support and then the continuation towards the upside looks extremely likely, also from a daily perspective. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NLong
by basictradingtv
44
QQQ Nasdaq 100 ETF Price PredictionOn March 7th we have the Fed Chair Powell Testimony, that could reveal that the FOMC is going to hike the interest rates for a longer period of time, and maybe give us a clue if it`s the case for a 50bps increase after the next meeting. On March 10th we have the Non Farm Payrolls and Unemployment Rate that could also fuel a potential 50bps hike if they come better than expected. In this context, my price target for QQQ Nasdaq 100 ETF is $285 by Mid-April. Looking forward to read your opinion about it.
NASDAQ:QQQShort
by TopgOptions
NASDAQ making a bullish reversalNasdaq (NDX) held the 1D MA50 (red trend-line) as Support and rebounded just before touching it. The bullish break-out confirmation came after the price broke and closed above the 4H MA50 (blue trend-line) for the first time since February 16. The medium-term pattern remains a Channel Down on a 4H Death Cross, so attention is require and short term targets after confirmed break-outs. If the price closes above Resistance 1 (12230), target the top of the Channel Down at 12370. If then it closes above Resistance 2 (12385) also, we can take a longer buy targeting the Double Top Resistance (red) at 12740. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
ULong
by TradingShot
6
Nasdaq off lows but pressure remains • Nasdaq rebounds but bond markets continue to signal “risk off” • Stronger US data further boost hawkish Fed bets • More rate hikes and longer contractionary monetary policy should be bad for stocks The Nasdaq bounced off its earlier lows along with the global market after the US cash open. But with bond yields breaking further higher, there is a risk we could see renewed weakness in US markets later. More strength in US data sends yields even higher Today we had stronger showing from the housing market, with jobless claims falling unexpectedly to 190K from 192K, versus a rise to 196K expected. On top of this, Unit Labour Costs were revised higher to 3.2% for the fourth quarter from 1.1%, confirming that wage inflation is on the rise. This comes after the ISM PMI’s prices index jumped nearly 7 points to 51.3 from 44.5 last, as we found out on Wednesday. Previously, the Fed’s favourite measure of inflation – the Core PCE Price Index – printed higher than anticipated on Friday. That – as well as some other above-forecast economic indicators we have seen of late – all helped to raise market’s expectations about US interest rates. As a result, US 10-year Treasury yields crossed 4.00% on Wednesday for the first time since November. They have gone a bit further higher today, reaching a high so far of 4.08%, as incoming data is continuing to provide more reason for the Fed to be cautious than declare victory on its fight against inflation. Rising bond yields will make some stocks less attractive, especially those with high valuations and/or low dividend yields. So, it remains to be seen whether this bounce will hold. Nasdaq rebounds off lows to test 200 MA In fact, the Nasdaq was testing a key level of potential resistance at the time of writing, around 11900. As well as prior support, the 200-day average also comes into play here. The bears will want to defend this level if they want to see lower levels. The bulls must reclaim this level on a daily closing basis to provide a positive technical signal for would-be buyers. If resistance holds, then the immediate target would be the liquidity below today’s earlier low at 11810, where stops from people who bought the dip would undoubtedly be resting. Below that level, the 50% retracement level of the entire up move from the October low will come into focus. Meanwhile, if the bulls manage to show up and push the market back well above the 200-dya average and resistance at 11900 on a daily closing basis, then this could ignite follow-up technical buying towards 12000 initially, ahead of 12100 and then 12200 next. All told, the risks remain skewed to the downside, and we favour looking for rebounds to get faded into resistance than fading into the dips.
FOREXCOM:NAS100Short
by FOREXcom
NQ1! NAS100 NASDAQ 2023 FEB 27 WEEKNQ1! NAS100 NASDAQ 2023 FEB 27 WEEK Did you take the Scenario2 short from 12271? After the breakout, market is back to test previous rotation zone. 11706 will be critical to sustain the breakout. Possible scenarios: 1) 11706 support holds + higher lows = long 2) 11706 becomes rejection = short on test and reject Volume Analysis: Weekly = Lower vol down bar close off low - minor weakness Daily: Ave vol down bar close off low = minor weakness H4 = UHV narrow spread down bar + next bar higher = demand coming in Price reaction levels: Short on Test and Reject | Long on Test and Accept 13587 12987 12137 11706 10710 Remember to Like and Follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:NQ1!
by paradox677
NASDAQ hit the 6-month symmetrical Support. Potential rebound.In our last Nasdaq (NDX) analysis 10 days ago, we called for a short-term correction after the price already filled the Gap of Resistance 1 (12985) and started making Lower Highs: Our target was the 6-month Pivot Zone, which is a symmetrical liquidity level, Support in early September and Resistance in mid November to mid December. In our analysis that is the ultimate test to prove that the Double Bottom of late 2023 was indeed a Cycle bottom. The index hit today its 1D MA200 (orange trend-line) and within 3 weeks the 1D MA50 (blue trend-line) can potentially break above it, forming the first 1D Golden Cross since May 21 2020. The 1D RSI has a clear Higher Lows Support Zone, which is about to enter, so many indicators point to a rebound soon. It is worth positioning ourselves earlier for a medium-term rally that will fill the next Gap on Resistance 2 (13750), though of course the 1W MA100 (red trend-line) needs to be considered as a Target too as it rejected the index back on August 16 2022. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CME_MINI:NQ1!Long
by TradingShot
2
NQ1! NAS100 NASDAQ 2023 FEB 20 WEEK NQ1! NAS100 NASDAQ 2023 FEB 20 WEEK Result for week of 13 Feb yielded 368pts in total from 3 trades. Market testing breakout area 12140-12271. Possible scenarios: 1) Rotation Play between 12987-12811 and 12140-12271 2) Short on rest and reject of 12140-12271 Volume Analysis: Weekly = Ave vol level bar close toward low = minor demand Daily: Ave vol down bar close away from low = Minor demand H4 = Ave vol up bar close toward high = minor demand Price reaction levels: Short on Test and Reject | Long on Test and Accept 13587 12987-12927 12811 12572-12465 Rotation 12140-12271 11603 Remember to Like and Follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:NQ1!
by paradox677
Nasdaq -> It Is ConfirmedHello Traders, welcome to this free and educational multi-timeframe technical analysis . In my opinion the Nasdaq will start the next bullrun in 2023. On the weekly timeframe we have three massively bullish indications, the first one being a double bottom, then a trendline break and also a bullish ema-crossover. Considering this very bullish behaviour I am now just waiting for an opportunity to jion the next push towards the upside. On the daily timeframe I am now just waiting for the market to break above the next resistance zone which at that point is turned support and then provide the continuation towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NLong
by basictradingtv
61
NASDAQ Potential short-term correction. The Double Bottom's testNasdaq (NDX) broke above its 4H MA50 (yellow trend-line) today but following the U.S. CPI (higher than expected) is giving up the initial gains. We are closing the buy we made last week (as shown below) exactly at the short-term bottom on the Higher Lows trend-line in order to secure the short-term profit: A closing below the 4H MA50 will be the first sell alert, confirmation of which would be a 1D candle close below the 4H MA100 (green trend-line) which has been supporting since January 10. The 1D MACD is already on a Bearish Cross. In that case we expect to see a test of the 1D MA50 (blue trend-line) inside the Pivot Zone. That is the Zone that has made the most lows (rebounds) and highs (rejections) since September 2022. That would be the true test of the Double Bottom pattern formed on December 28, and if it holds, we expect a rebound towards the 1W MA100 (red trend-line). It is interesting to point out the amazing symmetry of this pattern. As you see, Nasdaq already filled the first Gap on February 02 (from Resistance 1) and the next one is at 13750 (Resistance 2) slightly above the 1W MA100. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CME_MINI:NQ1!Short
by TradingShot
9
NQ1! NAS100 NASDAQ 2023 FEB 13 WEEK NQ1! NAS100 NASDAQ 2023 FEB 13 WEEK Result for week of 06 Feb yielded 350pts in total from 2 trades. Market testing breakout area 12140-12271. Possible scenarios: 1) Long on test and accept of breakout area 12140-12271 2) Short on test and reject of 12140-12271 Volume Analysis: Weekly = Ave vol down bar close toward low = minor weakness Daily: Ave vol down bar close in middle = minor weakness with demand H4 = UHV down bar close off low = demand coming in Price reaction levels: Short on Test and Reject | Long on Test and Accept 13587 12987-12927 12811 12572-12465 Rotation 12140-12271 11603 Remember to Like and Follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:NQ1!
by paradox677
1
NASDAQ on its 1-month Support. Strong Buy.Nasdaq (NDX) broke yesterday below its 4H MA50 (blue trend-line) and is testing today the Higher Lows trend-line that started on the January 06 Low. This is the buy entry with the highest short-term probabilities of success. We clearly outlined this solid buy level on the 0.618 Fibonacci retracement level in our analysis last week: As long as the Higher Lows hold, we are on a buy targeting 13400 (+9% rise which has occurred 3 times so far during that pattern). A break below targets the 4H MA200 (orange trend-line). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CME_MINI:NQ1!Long
by TradingShot
7
NASDAQ 1st closing above the 1W MA50 in more than 1 year!Nasdaq (NDX) closed last week above the 1W MA50 (blue trend-line) for the first time since the week of January 10 2022, so effectively for more than 1 year. On this analysis we diverge from our usual 4H - 1D time-frame analysis such as the recent one below, and look into the bigger picture on the 1W time-frame: Having broken two weeks ago above the Lower Highs trend-line of the Bear Cycle, this 1W MA50 closing last week is the last of the bullish confirmations we need to validate that the long-term trend has changed. With the price however rejected on the 0.382 Fibonacci retracement level, we may see a short-term pull-back, especially since the 1W RSI hit the top of the Rising Wedge that is holding since March. The Support Zone is now within the 0.236 Fib and the 1W MA200 (orange trend-line). If however the index closes above the 0.382 first, we expect a structured continuation of the recovery to at least the 0.786 Fib by the start of Q3. See how almost perfectly the Fib retracement levels match key Resistance and Support lines of the Bear Cycle. The market should treat them as demand/ supply zone on the way up too. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:NDX
by TradingShot
2