NDX is painting the biggest Head and shoulders in Nasdaq History This pattern getting painted filled with false hope of people thinking the damages from QE since 2008 and the Pandemic printing are over is very alarming if it plays out.
It was terrible enough seeing people lose fortunes / life savings during the recent collapse of the simpleton's running VC funds with insane leverage without telling people where their funds was, I caught onto this with Luna and a some lending platforms but not many people listened due to euphoria of price only go up.
Now the global economy is about to retract due to governments not supporting supply side of the business cycle and only creating demand via printing causing inflation and more poverty (due to businesses failing to meet profits causing less staff and a deflationary death spiral), this is magnitudes larger than what happen in the crypto space and what happen in 2008 combined with 2000. If this market starts to turn bearish and margins are not met, money that does not exist starts to get claimed, defaults start to happen, panic starts to happen.
Now is a great time to re evaluate where your funds are, are they safe from bail in inflation? are they protected from bail outs?
The federal reserve has one plan and one plan only.
• Raise reward rate for reverse REPO (Build a functioning bail out dam that can be literally controlled released)
• Raise Interest rate's collapse the bubble in all major markets (hoping to contain the current inflation outbreak)
• Panic mode but here's where the FED will step in and start to reduce the reward rate to ZERO
• Money starts to flow back into normal markets as any money still in the RRP will be earning nothing
• Majority will flow into US 20 year bonds causing the yield to collapse, funding the government, THIS is what JAPAN is counting on happening as they're directly involved, they hope to be able to make up for their unlimited bond purchases by selling US Government bonds at a premium
• Some money will start to flow into all equity markets from Government funding new infrastructure, and money going directly into markets from the RRP
• The will be all unfolding when the RRP award rate starts to fall do not focus on reserve rates
• All of this to reset the biggest bubble in history that will clearly put the world into a deflationary spiral to avoid needing to hyperinflate right now, everything I just explained is essentially to avoid hyper DEFLATION the big money from the QE / Stimulus is sitting in the RRP like the FED wants to be ultimately unleashed like the Three Gorges Dam during or after the collapse of the global economy
ALERT - - - - - - - IF this does not work to restimulate markets and there is still deflationary pressure the global reserve banks will be forced to start printing more money than you have ever thought possible think hundreds of trillions, the thought of hyperinflation will be accepted if the world is in a hyper deflationary death spiral this could genuinely end our human species due to quality of life dropping dramatically
Everything is happening now because of the absolute stupid decision idiotic insane unthinkable theory to start a program of unlimited QE and stopping the bust of the the natural boom and bust cycle filtering out all the bad actors, avoided the bust for what? everlasting inflation that the average person cannot outrun and start a family and population decrease is starting to happen. .
Good luck people -
NASDAQ 100 CFD
Daily analysis and trade setups on NASDAQ 20220728Happy GDP Day
NASDAQ has turned bullish in the short term. However, it needs to keep moving above 12530 and then break 12590, 12670 to confirm the bias
Macro: Personal consumption expenditure, GDP, jobless claims
Blue levels B & C are largely in play.
Buy
Break: 12550, 12590, 12670, 12800
Reversal: 12420, 12380, 12280, 12200
Sell
Break: 12480, 12435, 12370
Reversal: 12590, 12680, 12700, 12810, 13020
High level chart is here >>
Green Gobliins chart is here >>>
Confluence level chart is here >>>
NASDAQ.. A Long Awaited Recovery?Markets have been bleeding since the beginning of 2022... According to the US Government and Federal Reserve we are currently not in recession. A strong labour market continues to hold up the economy, but will it continue or are we just delaying the recession expectation?
NASDAQ Generational Buy Opportunity. The 14 year Channel held.Nasdaq (NDX) is coming off a (near) hit on the 1W MA200 (orange trend-line) last month and the rebound is now closer than ever to test the 1W MA100 (red trend-line) for the first time since April 05, where it was emphatically rejected. This is something that we outlined on our previous NDX analysis that was on the 1D time-frame:
This time we present an analysis based on the 1W time-frame and longer-term parameters as the index not only prepares for this quarterly bullish break-out but with its current monthly rally it holds historic Support levels.
First of all, as the chart shows, the index has been trading upwards (on the log scale) within a 14 year Channel since the 2008/09 Subprime Mortgage (housing) Crisis. As mentioned, it held the 1W MA200 which has never been crossed below since the weekly candle of June 28 2010, but as you see it formed a clear Bullish Cross on the 1W MACD. We've discussed the importance of such crosses in previous posts but for Nasdaq in particular, when that took place around the 0.0 MACD mean (especially from the 2018 volatility period and after), it has been a tremendous buy opportunity, especially when coupled with a break above the 1D MA100.
We can therefore claim that a 1D MA100 break is the last Bullish Confirmation signal on a multi-year scale that validates the start of the near rally within the 14 year Channel, even though some would argue that technically the last Resistance to beat would be the 1W MA50 (blue trend-line)/ 1D MA200 cluster. But for this long-term model, the 1D MA100 seems good enough for a confirmation signal.
For illustration purposes, I've plotted every candle series that after approaching the 1W MA200, broke above the 1D MA100 and (naturally) kick-started a rally (including of course that after the 2009 bottom). It is interesting to see that if repeated, all of them can make an All Time High (before correcting) much above the previous market High, with the exception of the shortest 2019 rally, which would stop just above the previous All Time High.
Note that those are for projection purposes for sure and nothing more as the index may follow a completely different path this time, but interesting as illustrations indeed. Do you think the Channel will hold and guide the price to new ATH?
P.S. As always on long-term log Channels, we've incorporated the -0.236 and 1.236 extremes, which in the case of Nasdaq match almost perfectly the March 2020 (irregular) Black Swan event that broke for just one week below the Channel.
--------------------------------------------------------------------------------------------------------
Please like, subscribe and share your ideas and charts with the community!
--------------------------------------------------------------------------------------------------------
Daily analysis and trade setups on NASDAQ 20220726NASDAQ is likely to range between Blue zone B & D waiting for FOMC tomorrow.
Macro: Housing price index, consumer confidence, new home sales (all before market open)
Looking for #scalper #trade #setups only
Blue zone B, C, D are in play
Buy
Break: 12375, 12480, 12590
Reversal: 12220, 12100, 12060, 11990, 11800
Sell
Break: 12220, 12130, 12050, 11990, 11920
Reversal: 12370, 12480, 12590, 12670, 12810
Chart with Green Goblins here >>>
Chart with confluence here >>>
NAS100 USD NQ1! NASDAQ 2022 Jul 25 Week
NAS100 USD NQ1! NASDAQ 2022 Jul 25 Week
Last week's long on retracement preference worked well.
Market is now testing previous supply zone.
Temporarily weakness for short opportunity may be expected.
If you see price loitering at the upper end of the rotation range,
there's a potential for a breakout.
Possible scenarios:
1) If market rotates = rotational play strategy, i.e. trade at boundary of range
2) & (3) = Behavior change scenario
Weekly = Ave vol up bar close off high = minor weakness
Daily = Ave vol down bar close off low = minor weakness
+ engulfing bearish reversal candle = S>D
H4: UHV down bar followed by up bar = strength
Price reaction levels:
Short on Test and Reject | Long on Test and Accept
12906 12442
12262 - 11348 rotation zone
11800 11068 10359
<10,000 break of psychology support
Remember to Like and Follow if you find this useful.
Have a profitable trading week ahead.
NasdaqI think we are in an ending diagonal within the primary 4th wave position. Inside of the larger intermediate ABC.
LTF daily chart looks like we have lost the lower TL of the ending diagonal in what should become an overthrow on the weekly TF.
Currently working on the Z wave which is the strongest wave of the WXYXZ pattern which usually sends the price up or down depending on whether or not the WXYXZ pattern is bullish or bearish.
After wave Z a strong reversal hits. This is what my chart implies.
Nasdaq100 in the face of a major resistanceNASDAQ100 index is facing a strong resistance around 12,200 (represented in the 50-EMA) after rebounding from the broader weekly downward channel's lower boundary.
A confirmed breakout of the mentioned static resistance, will open the door for further +5.61% bounce (685 points) throughout the week to 12,885 level.
Daily analysis and trade setups on NASDAQ 20220721NASDAQ is likely to consolidate between 12300 and 12700 levels unless PMI data or Friday golden hour breaks one of the sides
Blue level B & C as well as mega level Brown B are in play
Break below 12400 can go as low as 11950
Break above 12650 can go as high as 13060
Buy
Breaks: 12600, 12650, 12710, 12790
Reversals: 12460, 12375, 122215
Sell
Breaks: 12500, 12465, 12350
Reversals: 12700, 12815, 12910, 13030
Chart with Green Goblins here
Chart with confluence zones here
Daily analysis and trade setups on NASDAQ 20220721NASDAQ remains bullish above 12300
Buy levels
Reversals: 12390, 12200, 12160, 12040
B/O:
12520, 12590, 12700
Sell levels
Reversals: 12530, 12590, 12670, 12820
B/D:
12370, 12230, 12170
Macro news: Initial jobless claims
Green goblins are in this chart:
Daily analysis and trade setups on NASDAQ 20220720We are in a consolidation zone between 11989 and 12452. Break on either side and continuation will decide the next phase of the trend
Current short term bias is careful bullish
Buy continuation from 12250 for 12485, then 12600 and Blue level B at 12670
Also, buy reversals at 12150, 12915 and 12675
Sell rejections at 12485 or 12600 and, of course, Blue level B at 12670
Also, sell breaks and confirmation below 12200, 12910 and continue holding sales below that
Blue levels B, C, D , E, F in play today
Detailed green level chart is here >>>
NASDAQ 1W MACD Bullish Cross and 1D MA50 break-outThe Nasdaq (NDX) index is posting today a full 1D candle above the 1D MA50 (blue trend-line) for the first time since April 08. We are still inside the long-term Channel Down formation that started at the beginning of the year but with the 1W MACD making a Bullish Cross for the first time since November 2021, while the price has been on Higher Lows for a full month, there are more probabilities to be seeing the start of a long-term trend reversal.
On the short-term we should approach this in terms of MA break-outs. Right now the first target is the 1D MA100 (green trend-line), which sits naturally at the top of the Channel Down and rejected the price on the last Lower High in April 04.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
NAS100 USD NQ1! NASDAQ 2022 Jul 18 Week
NAS100 USD NQ1! NASDAQ 2022 Jul 18 Week
Last week's rotation trading strategy was good // Rotation 11348 - 12262 (900pt range)
There's slight increase in bullish vol and reduction in bearish vol.
Apart from rotation strategy, preference, will be to long on retracement.
Possible scenarios:
1) If market rotates = rotational play strategy, i.e. trade at boundary of range
2) & (3) = Behavior change scenario
Weekly = Ave vol up bar close off high = minor weakness
Daily = Ave vol up bar close at high = minor strength
H4: Very high vol up bar, narrow spread followed by very narrow spread average volume
up bar = weakness
Price reaction levels:
Short on Test and Reject | Long on Test and Accept
12906 12442
12262 - 11348 rotation zone
11800 11068 10359
<10,000 break of psychology support
Remember to Like and Follow if you find this useful.
Have a profitable trading week ahead.
NAS100 USD NQ1! NASDAQ 2022 Jul 11 Week
NAS100 USD NQ1! NASDAQ 2022 Jul 11 Week
Last week initial boundary for rotation was set 11348 - 12262 (900pt range) when
the minor strength on all 3 TFs manifested in market testing recent high.
I will keep last week's scenario plan in place.
After last week's bullish effort, market may pause and test 11800 / 11348 levels.
Possible scenarios:
1) If market rotates = rotational play strategy, i.e. trade at boundary of range
2) & (3) = Behavior change scenario
Weekly = Ave vol up bar close off high - minor weakness
Daily = Ave vol up bar close off high = level close + narrower spread at higher vol
= weakness
H4: UHV up bar close off high = weakness
Price reaction levels:
Short on Test and Reject | Long on Test and Accept
12906 12442
12262 - 11348 rotation zone
11800 11068 10359
<10,000 break of psychology support
Remember to Like and Follow if you find this useful.
Have a profitable trading week ahead.
NASDAQ hit the 1D MA50, 1st time since April 21.Nasdaq (NDX) hit yesterday its 1D MA50 (blue trend-line) for the first time since April 21 on a near June 27 High test, which is the current Resistance. We are basically expanding on our idea posted 3 weeks ago:
It may have taken a little longer, but the price resumed the rebound it has been making since the June 16 bottom, which is exactly when we posted the buy signal on the index. Technically that made the new Lower Low on the multi-month Channel Down pattern, and this rebound is the sequence towards the Lower Highs (top) trend-line.
The break above the 1D MA50 sets an automatic target on the 1D MA100 (green trend-line), which is where the previous Lower High of March 29 was priced. A break above the Channel Down but more importantly the Resistance level of May 04 (13590), can give us an additional buy signal towards the 1D MA200 (orange trend-line). Notice how the 1D RSI sequences of the past two rebounds are similar.
A 1W candle closing below the 1W MA200 should be enough to kick-start a sharp fall to the 1W MA300 (yellow line, scroll the chart downwards to see).
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
NASDAQ: BULLISH FALLING WEDGE PATTERN.Hello traders, today I am gonna share a NASDAQ update with you guys. This is my first ever update on NASDAQ and I am super excited to share this valuable information with you all.
Timeframe: 1 Day.
Description: Nasdaq is the second-largest stock exchange in the world. Nasdaq, which is an acronym for the National Association of Securities Dealers Automatic Quotation System, was established in 1971. The US-based exchange is also the first-ever electronic stock market in the world.
Update: Back in Nov 2021, when NASDAQ hit its ATH at 16767, we saw some drastic fall on NASDAQ. A straight -33.6% drop in the last seven and half months. NASDAQ has been under the falling wedge pattern for a while and in the recent move when NASDAQ got rejected from the resistance level of 12200 (Lower High), it did not make any lower low level, rather the candle closed above the previous lower low level (11068). This could be a sign of trend reversal where the falling wedge will turn into a rising wedge pattern.
RSI: The RSI on NASDAQ has been below the level of 50 for quite a while. It has been constantly getting rejected from the middle level of the RSI keeping NASDAQ under the oversold area.
Conclusion: If NASDAQ manages to reverse the trend then I expect a bullish rally to start soon. I am expecting a 60% rally if NASDAQ breaks above the resistance level. The yellow-colored lower trendline will be the invalidation point for NASDAQ.
Note: This chart is completely based on technical analysis. It is not a piece of financial advice. So, do your own research before investing.
What are your views on NASDAQ? Do you think NASDAQ is ready to make a bullish rally? Let me know your thoughts in the comments.
I hope this idea will be helpful to you. If you agree with this idea then do like and comment.
Thank you.