Get started

NASDAQ 100 CFD

Nasdaq 100 - Price target for QQQ at 290 USD, 280 USDOn 11th August 2022, we stated the market was at its peak and due to reverse. Since then, the market has fallen more than 10% and reached our price target for QQQ. Furthermore, since fundamental and technical factors have not changed, we have no reason to change our bearish view. Accordingly, we maintain the price target for NQ1! at 11 000 USD. Additionally, we would like to set new price targets for QQQ at 290 USD and 280 USD. We sound a strong warning of impending acceleration in the selloff. Illustration 1.01 Illustration 1.01 shows the daily chart of QQQ, which is down more than 10% from its peak on 16th August 2022. Technical analysis - daily time frame RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the daily time frame is bearish. Technical analysis - weekly time frame RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish. Please feel free to express your 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 be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
NASDAQ:QQQShort
by Tradersweekly
20
Europe CPI Priced In-GBP Touches 1.14 First Time Since 1985 Today Europe will be releasing economic data for the report CPI (YoY) (Aug) Forecast: 9.1% Previous: 9.1%. A surprise of a lower value can be weaker for the euro while a higher value can be bullish for the euro indicating higher inflation. The Consumer Price Index (CPI) tracks the fluctuation in the price of goods and services from the aspect of the average consumer. It is furthermore a strong way to view fluctuation in purchasing trends and inflation. It seems that the euro was due for a continued weekly uprise but next week Powell is looking to raise rates and the market is expecting a 75 or even 100 basis point increase and this can be further bearish for the euro also stocks and cryptocurrencies. A lot of monthly indicators in the US stock market equities were showing bullish momentum during the start of August and September but there is a slow delay due to the rate hikes. Citibank recently stated, "The dollar is the only place to hide in 2022", suggesting there is an ongoing concern for equities and cryptocurrencies due to rising yields. The US dollar seems to be the continued major safe haven asset investment by banks and major hedge funds. Powell looks to continue to raise rates untill the end of 2022, untill then the dollar can fundamentally continue to rise, after this the dollar could decline next year while the stock market and cryptocurrencies can see a potential inflection point. From a technical perspective the EURUSD 4H chart RSI holds near 43 around neutral. The default MACD line has had trouble rising about the signal line. The histogram was rising but has failed to break above the zero axis. The market will be watching the key CPI report news which will be released soon. The Great British Pound Sterling touches 1.14, the first time since 1985. $EUR/USD The EURUSD pair has recently touched the 4H 20SMA. Ilyas Khan Top1 Markets.
by Seafair-Capital-Management
1
Nasdaq 100 index analysis: US real yields dominateThe Nasdaq 100 index ( US 100 ) has moved in the opposite direction of US real yields ( DFII10 ), which are the difference between nominal Treasury yields and market-based inflation expectations (also known as Breakeven yields). Real yields serve as a measure of the Fed's rate tightening aggressiveness. The 30-day correlation between Nasdaq 100 and US real yields is currently at -0.83, indicating a strong and inverse negative relationship. US real yields have risen dramatically since the start of the Fed hiking cycle in mid-March, from -0.7% to around 1% as of this writing, reflecting increased market expectations of a more stringent monetary policy. This means that the nominal yield on a 10-year Treasury (3.45%) is currently about 1% higher than the market measure of inflation expectations for the next 10 years (2.45%). Positive real returns on a safe asset like US Treasuries undoubtedly act as a deterrent to investing in riskier assets like stocks. Technology stocks are also way more sensitive to changes in Federal Reserve interest rates than stocks in other industries. Higher interest rates reduce the long-term expected cash flows for tech companies. As a result, tech stocks fall more than the overall stock market. The Nasdaq 100 has underperformed the broader S&P 500 ( US 500 ), which is down 17.7% year to date versus -26.5% for the tech-heavy index. After the US inflation rate continued to beat market expectations this week, markets have already fully priced in a 75 basis point hike at the FOMC meeting next week. The chances of another 75 basis point hike in November are also increasing, which would bring US interest rates to 4% ahead of the December meeting. Stronger rate hikes could put additional pressure on the tech-heavy Nasdaq index .
NASDAQ:NDX
by Capitalcom
Nasdaq manages small bounce but more losses likelyAlong with European markets, Nasdaq futures have managed a small bounce during early European trade, although at the time of writing they were still holding near Tuesday's lows along with tech stocks in extended hours trading, after the index's biggest plunge since the pandemic. After such a big decline, dip buyers will likely be very nimble today. This means any bounces that we might see today may not hold for very long. With the market repricing interest rate hikes from the Fed, there will likely be more pain for investors than gains. Look out below. After the Nasdaq's big bearish engulfing candle, I would expect to see some further downside follow through. Many longs are still trapped and their stops are in danger of getting triggered. At this stage, I wouldn't rule out a return to the summer lows, if we get past and hold below 11918 - the most recent low. The bulls have a lot of wood to chop. While a short-term bounce from severely oversold levels makes sense, I would now wait to see a clear reversal pattern before looking for bullish setups. It is clear that the biggest moves have been to the downside all year. This is because we are in a bear trend. As always, it is better to trade in the direction of the trend. By Fawad Razaqzada on behalf of FOREX.com
FOREXCOM:NAS100Short
by FOREXcom
Sell the early optimism in NASDAQ.NASDAQ - Intraday - We look to Sell at 12837 (stop at 13028) Daily signals for sentiment are at overbought extremes. A lower correction is expected. A move higher faces tough resistance and we remain cautious on upside potential. Preferred trade is to sell into rallies. Our profit targets will be 12406 and 12300 Resistance: 12840 / 13600 / 16500 Support: 12400 / 11500 / 9000 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
OANDA:NAS100USDShort
by OANDA
1
NASDAQ Broke above the 1D MA50, targeting the 1D MA200 next!The Nasdaq Index (NDX) broke today (futures) above the 1D MA50 (blue trend-line) and that was our condition that we set as requirement on our previous analysis in order to avoid a new sell-off: With the 1D RSI on such a strong rise similar to those of June 16 and January 25, if the 1D candle closes above the 1D MA50 today, we expect at least a short-term rally targeting the 1D MA200 (orange trend-line), which has been always hit since the start of the year on similar rebound sequences (Feb 01, March 29). On the longer-term, the index needs a break above the 1W MA100 (grey trend-line) in order to enter into long-term Bullish Territory, as it was that line that rejected the August 16 High. On the other hand, we are willing to take a sell again only below the 11930 Support, in which case we will target the 1W MA200 (red trend-line), which is the ultimate long-term Support. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
ULong
by TradingShot
5
Daily analysis & day trading setups NASDAQ NQ_F NDX 08 Sep 22Happy Thursday, See some weird stuff on the chart at the end of this idea An interesting finding/question today - will NASDAQ remain between 11490 & 12940 till November elections? In case of extreme moves beyond buying & selling levels ↗️ Upside key levels: 12 374, 476, 670, 801, 948, 13 014 ↘️ Downside key levels: 12 213, 136, 052, 11 927, 843, 760, 697, 606 Macro EU ECB Monetary Policy Decision, Lagarde Speech, US Jobless Claims, Fed Powell Speech, CAD BoC Rogers Speech Buy Break: 12 267, 369, 467 Reversal: 12 204, 128, 11 988, 888 Sell Break: 12 216, 144, 013 Reversal: 12 302, 383, 488, 460, 650 I regularly publish my daily analysis & trading plan for day trading setups. The links are here: NASDAQ DAX SPX Green Goblin levels are here >>> Fibonacci Confluence levels are here >>> This chart shows a specific range I have selected and you can see how price behaves at each fib level. Crazy stuff. You don't need a plan to trade this.
OANDA:NAS100USD
by TradingIndian
NASDAQ Thinly supported. Needs a 1D MA50 break to avoid sell-offThe Nasdaq (NDX) index had a strong rejection these past 4 weeks exactly on the level we projected on our idea on August 04: Right now it is trading below both the 1D MA50 (blue trend-line) and the 1D MA100 (green trend-line), which were its short-term Support levels and have now turned into Resistances as each have rejected upwards break-out attempts at least once. Being on the 0.236 Fibonacci retracement level and based on the RSI (1W time-frame), which just hit its MA line (yellow), NDX appears to be in a similar level its was during April 11 - 20. This consolidation led lower when its Support broke and dropped first to the previous Low (0.0 Fib) and then to Lower Lows on the -0.382 and -0.5 Fibs respectively. As a result, if the current Support breaks, we expect the 1W MA200 (red trend-line) to be tested, which is slightly above the 11040 Lot of June 16 and depending on the market conditions at the time (which we will surely update on), the 1W MA300 (yellow trend-line), which is slightly above the -0.382 Fib. On the bullish case, if the price breaks above the 1D MA50, consider it a buy break-out signal and target the 1W MA200 (orange trend-line). -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
U
by TradingShot
3
Daily analysis & day trading setups NASDAQ NQ_F NDX 06 Sep 22Happy Tuesday, Happy PMI Day, Line in the sand is 12 100. Loss of 135 > 100 > 43 > 07 will open up 11 850 On the upside, 233 > 296 > 373 > 430 will open up 800 although upside resistance is now all piled up with WMA20 < DMA 100 < 10 < 50 < WMA10 Macro US S&P PMI, ISM Employment Index, New Orders Index, Services PMI, Services Prices Paid Buy Break: 12 215, 296, 400 Reversal: 12 126, 042, 11 990, 870, 748 Sell Break: 12 135, 061, 007 Reversal: 12 234, 325, 424, 522 I regularly publish my daily analysis & trading plan for day trading setups. The links are here: NASDAQ DAX SPX Green Goblin levels are here >>> Fibonacci Confluence levels are here >>>
OANDA:NAS100USD
by TradingIndian
#NASDAQ100 #NDX Elliott 5th Corrective wave is on the play4 corrective waves succesfully done and now proceed to 5th wave. Probable targets are given on the chart. This was the most important part, the technical analysis. Neither global conditions (EU Energy crysis, war threats, inflation and covid rise), neither astrologic conditions (Jupiter retro will not leave 23 - 28th Oct) doesn' t allow a real bounce. And #dollar index $DXY is growing and EUR is weakening. It' s time be most careful. After the 5th wave dip, an ABC bounce is expected. Not financial advice. DYOR.
NASDAQ:NDXShort
by naphyse
NAS100 USD NQ1! NASDAQ 2022 SEP 05 Week NAS100 USD NQ1! NASDAQ 2022 SEP 05 Week Last week Scenario 2 short at rejection of 12735 worked well. Market is temporarily supported at 12017. 3 TF analysis showed minor demand, Possible scenarios: 1) Temporary long opportunity if 12018 is supported 2) Short on retracement / rejection at channel's supply line / rejection of 12442, 12018 Weekly = High vol down bar close of low = supply, with minor demand Daily = High vol down bar close off low = minor demand H4: Ultra high vol down bar close at low, next ave vol up bar = minor demand Price reaction levels: Short on Test and Reject | Long on Test and Accept 13587 13200 12735 12442 12018 11620 11348 Remember to Like and Follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:NQ1!
by paradox677
Daily analysis & day trading setups - NASDAQ NAS100USD 20220831Happy month end, Happy Midweek, Happy Wednesday, So finally we are ending a volatile month. NASDAQ is making bear flag after bear flag and breaking down since 13 530. Today, we are breaking down from another bear flag. However, the drops are becoming smaller. The line in the sand for the day is 13 438. If we break 12220, it will open up for 11925. Break out of 12475 with further move above 12670 will signal change in direction. REMEMBER it's a mid week month end. Macro EU DE Unemployment, HICP, US Employment Change, Chicago PMI Buy Break: 12 385, 435, 460 Reversal: 12 345, 300, 256, 230, 205, 157, 118 Sell Break: 12 350, 325, 300, 256, 230, 141 Reversal: 12 382, 406, 447, 500, 560 I regularly publish my daily analysis & trading plan for day trading setups. The links are here: NASDAQ DAX SPX Green Goblin levels are here >>> Fibonacci Confluence levels are here >>>
OANDA:NAS100USD
by TradingIndian