Get started

NASDAQ 100 CFD

NASDAQ-100 breaking the 14,000. Growth Stalking.We’ve been heavily focused on the NASDAQ-100 (aka NDX and QQQ) as the 200 day moving average continued to dominate price action - despite pundits on television speaking that venom on how “growth and tech were recessionary resistant!” It is amazing what these people can get away with on television and how their words are held tightly by many bystanders looking for direction. We’ve been calling for economic weakness on our Facebook page surrounding the balance sheet (before it was a hot topic in the news), M2 Money Flow, Housing, etc. Feel free to check it out -> just click the link at the bottom or go to my profit page. Back to the Futures…. We’ve been eyeballing the lows of March 15th as a potential target. Now that is not to say we can have a few days of upward impulse movement, or the Inflation figures coming out tomorrow are somehow seen as weaker than expected and the markets get a ‘relief rally’ back above the 50 day moving averages. Stay cautious of any intraday changes for short term opportunities. Keep track of the levels through annotations on your charts and please feel free to check out some of our videos. Follow me on TradingView for any new and updated posts and to any videos in the external links below (or in my profile). Bearish sentiment continues until there is a change in complexion. Remember if we have a bullish day that doesn't change the bigger picture. Patience and Discipline to live to trade tomorrow. GOOD LUCK Everyone and THANK YOU for your time in reviewing this post, my others posts, etc. AGAIN... Keep a mental note of those levels; especially if there is a bullish relief that may catch many off guard and keep in mind the holistic view is bearish. But, that doesn't mean you won't have opportunities in the short term in either direction, regardless of the overall major sentiment and trend.
CME_MINI:NQ1!Short
by bsdvs23
2
NAS100 USD NQ1! NASDAQ 2022 Apr 11 week NAS100 USD NQ1! NASDAQ 2022 Apr 11 week The suspected upthrust exerted its influence last week, when we see price rejection again at 15160. Crucial to this week is if 15160 becomes resistance, then we may see price attempting the 13666 and 13100 region. if that happens, this may mean we need to look at market behavior being in a rotation structure between 15160 & 13100. The strategy in this case will be to short on retracement. Possible Scenario: 1) 1f 14391 becomes resistance, market expected to test lower levels like 13666 / 13100, with the potential of re-distribution play, until supply and demand resolve themselves for a breakout. 2) Market test breakout area, 13666, finds support and attempts for 15160 Weekly = UT bar has been confirmed by this week's lower close bar = weakness Daily = Average vol down bar closing at low = weakness H4:The UHV up bars showed capping of demand = weakness Price reaction levels: Short on Test and Reject | Long on Test and Accept 16767 16481 15992 15492 15160 14391 13666 13025 Remember to Like and Follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:NQ1!
by paradox677
NASDAQ going according to last week's plan. Eyes on 1D MA50/100.Nasdaq (NDX)has is following exactly last week's suggested trading plan so far, as it pulled-back from the 1D MA200 (orange trend-line) and today reached the 1D MA50 (blue trend-line): This pull-back took place primarily because the index failed to break above the Lower Highs trend-line of the December 28 High and got rejected two times. So far, as I displayed with the green Triangle, this is a neutral zone. Some scalping value can be found within. However the medium-term trend is about to be revealed: * A break below the 1D MA50 (needs a 1D candle closing below), which is also the 0.382 Fibonacci retracement level, opens the way for more selling towards Fib 0.236 (13815) and the 1W MA100 (red trend-line), which supported twice before on February 24 and March 15. * A break above the Lower Highs or better yet the 1D MA200, which is also the 0.618 Fibonacci retracement level, restores the bullish trend aiming at Fib 0.786 (15870) and the 16670 High. The 1D RSI so far favors the bullish scenario. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
U
by TradingShot
2
Nasdaq 100 - Nasdaq futures at the crossroadsNasdaq's continuous futures continue to march higher and show resilience as market participants continue to buy dips at any potential selloff. Momentarily, we will pay close attention to the immediate resistance and support levels. Weakness to penetrate above the resistance would imply the rally might turn to a halt. This is also implied by declining ADX. Therefore, we are cautious and look at two possible scenarios. One would involve NQ1! to break up and continue to 16 009.25 USD. The other scenario would involve NQ1! halting a rally and reversing down to 14 668.50 USD (and potentially going lower or creating a neutral zone between this price level and 15 268.75 USD). However, at the moment, we remain relatively bullish. Illustration 1.01 The picture above shows NQ1! for the past two years. Additionally, it shows two simple moving averages, 20-day SMA (blue) and 50-day SMA (red). Recently, the bullish crossover took place between these two averages. Although, it needs to be noted that moving averages are lagging indicators. Therefore, we will seek further confirmation also elsewhere. Technical analysis - daily time frame RSI and Stochastic are neutral. Meanwhile, MACD remains bullish. DM+ and DM- also point to bullish conditions in the market. ADX continues to show that the prior bearish trend is even further weakening. Additionally, volume remains sustainable for the rally. Overall, the daily time frame is bullish. However, there is a sign of exhaustion in RSI. Therefore we will pay close attention to support/resistance levels and the ability of the price to move through them. Illustration 1.02 Illustration 1.02 shows RSI on the daily time frame. Support and resistance levels for RSI are indicated by white dashed lines. A breakout upwards would be bullish; on the other hand, a breakout below the support would be bearish. Technical analysis - weekly time frame RSI and Stochastic are bullish. MACD is neutral; though it continues to move towards a bullish crossover. DM+ and DM- are bearish but, at the same time, ADX sharply declines. Overall, the weekly time frame sees bullish developments. Illustration 1.03 The image above shows particular support and resistance levels. 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 serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
CME_MINI:NQ1!Long
by Tradersweekly
6
😱. WARNING we posted a Outside UP month in the NDX100PRO TRADER : Hey, newbie! We posted an Outside Up Month on the NDX100, did you see? NEWBIE : What is an Outside Up Month (OUM)? PRO TRADER : It is a month where you get higher high, lower low and a close higher than the close of the previous month. It is a sign of strong momentum. NEWBIE : Thanks, Pro Trader. How can I make money out of this? PRO TRADER : Well it is not a signal but if you backtest it you will see that after the times the NDX100 has make an OUM the stock market has traded higher in the next 8 months 91.3% of the times!!! NEWBIE : Wow! PRO TRADER : Also if you compare the gain after the times we get a OUM to those without OUM, you see 50% larger gains - so a bet to upside seems to pack a punch! NEWBIE : Thank you, Pro! I will make sure I use the info!
NASDAQ:NDXLong
by TintinTrading
NAS100 USD NQ1! NASDAQ 2022 Apr 04 week NAS100 USD NQ1! NASDAQ 2022 Apr 04 week Per last week's concern of weakening upward momentum, market made a slight retracement. 14391 has to hold for long momentum to continue. Possible Scenario: 1) If 14391 becomes resistance, market expected to test lower levels, with the potential of re-distribution play. 2) 14391 is supported or formation of higher low on daily chart = long opportunity (there has yet to be test of breakout on the daily TF) Weekly = Ave vol UT bar rejecting higher prices. If next bar closes lower, we can confirm weakness. Daily = Average vol down bar closing in middle = minor strength (NS) H4:UHV down bar followed by up bar = strength Price reaction levels: Short on Test and Reject | Long on Test and Accept 16767 16481 15992 15492 15160 14391 13666 13025 Remember to Like and Follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:NQ1!
by paradox677
1
NASDAQ last barrier to break. Consolidation until then.On my most recent Nasdaq analysis 2 weeks ago, I laid out the key pressure levels of the uptrend that started after the March 15 bottom: As you see, the index invalidated the Channel Down and by breaking above the 1D MA50 (blue trend-line), it naturally reached as high as the 1D MA200 (orange trend-line), which broke yesterday. However, it is clear that the wider pattern has been a Falling Wedge and not surprisingly, the index is currently struggling to break above its Lower Highs (top) trend-line. If the news of this week (starting today with the GDP and completing on Friday with the Nonfarm Payrolls) turn out bullish enough to manage a break above the Wedge, then NDX will target the next Fib in line, the 0.786 retracement level (15870) and then complete the correction's recovery at 16670 (requirement is for one 1D candle to close above each Resistance level). Notice how yesterday's top came exactly on the 0.618 Fib. If however the price gets rejected on the Lower Highs (and 0.618 Fib), expect a short-term consolidation within the two MA periods, with the 1D MA50 in support. Breaking below the 1D MA50 will be far from ideal, putting at risk the 0.236 Fib and the March 15 Support. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
U
by TradingShot
4
NAS100 USD NQ1! NASDAQ 2022 Mar 28 week NAS100 USD NQ1! NASDAQ 2022 Mar 28 week Some concern with weakening upward momentum. Possible Scenario: 1) Market attempts last supply 15160. Keep stops tight if long and if bar spread is narrow, market may be trapping longs. 2) Due to weakening momentum, market may test lower levels for long on retracement opportunity. The retracement has to come down on lower bearish volume. Weekly = Average vol up bar closing off high, mark up on narrower spread = weakness Daily = Average vol down bar, close above middle, but level with previous bar = No supply H4: Level closes, shortening of thrust = weakness Price reaction levels: Short on Test and Reject | Long on Test and Accept 16767 16481 15992 15492 15160 14685 14443 14025 13666 13025 Remember to Like and Follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:NQ1!
by paradox677
NAS100 USD NQ1! NASDAQ 2022 Mar 21 week NAS100 USD NQ1! NASDAQ 2022 Mar 21 week Market tested 13000-13100 and provided long opportunity. Price is now about previous high. Possible Scenario: 1) Market returns below 14327 and back into the 14327-13100 rotation zone. 2) Market finds acceptance at the 13900/14327 levels for long opportunity. Weekly = Average volume up bar closing at high = strength (strong reversal bar) though still weak but weakness still present. Daily = Average volume up bar closing at high = strength H4: Average volume up bar closing at high = strength. Concern is the previous ultra high volume bars didn't show result from effort. Exercise caution if long, keep stops tight. Price reaction levels: Short on Test and Reject | Long on Test and Accept 16767 16481 15992 15492 15160 14729 14391 13900 13246 13025 Remember to Like and Follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:NQ1!
by paradox677
NASDAQ Still bearish despite the RSI break-outNasdaq has been trading within a Channel Down since the January 24 Low. The index is approaching today the top (Lower Highs trend-line) of the Channel and will remain bearish, unless it breaks above the 1D MA50 (blue trend-line), which comfortably sits just above the top of the Channel. That should target the 1D MA200 (orange trend-line), which trends just below the 0.618 Fibonacci retracement level. If the price is rejected though at the top of the Channel Down or on the 1D MA50, expect a re-test of the 12930 Support and if broken the -0.236 Fibonacci extension. It has to be said though that the 1D RSI broke yesterday above the Lower Highs trend-line since November 04. That is the first bullish sign since the correction started. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
U
by TradingShot
1
NAS100 - Signs of a reversalYesterday (March 16th 2022) the FED announced a 0.25% rate hike, following this news there was a quick selloff in stocks with the NAS100 index down a little over 2% within 30 mins of the release, but a sharp rebound allowed NAS100 to finish the day up over 4%. Although we have seen some decent gains this week we are still below the trend-line resistance and are yet to see confirmation that the trend has reversed, although with strong bullish divergence showing on the 4hr chart, a break of the 13850 resistance, and now testing the 10 week trend line we are starting to see signs that a reversal could be in play. If the 13850 level holds as support, I imagine the trend-line will break before the weekly close, and this will provide confirmation of a reversal. If we close below the 13850 resistance level, I will be looking to the 20 and 50 EMAs (4hr) sitting around 13600 for support, if this fails to hold then I think we will move back down to test the lows (12900 - 13100) Short-term view: Bullish (supports to hold, reversal in play) Medium-term view: Bullish (new ATH in coming months) Long-term view: Bearish (stock market crash within the coming year(s))
OANDA:NAS100USD
by quyverlander
Some Upside Could Be On Its Way Hey Guys, just an update on how the market correction is going. Even though I'm extremely bearish on the market in the year to come there is always bull rallies in declines and regardless my bearishness you have to look at the evidence on the charts and follow. We have a bullish divergence on the RSI and the price chart is tightening into a Bullish Pennant these are extremely strong reversal signs. Going back in history this seems very similar to what happened in 2008(image below) where we had a rally up before the major sell off started again this also goes well with seasonality were we on average bull in late March into April before correcting. We would need a "Lehmen Brothers" event to start the sell off and with the major banks in Europe getting slammed it could happen but it wont be until later in the year we see this unfold. But for this little upside my target is around 15200 which has a confluence of resistance being the top of the Pennant, earlier support and resistance, the Fib sacred .618 level and the 150 ma. Like and follow to stay informed with this trade.
ULong
by jackwheeler
9
NAS100 USD NQ1! NASDAQ 2022 Mar 14 week NAS100 USD NQ1! NASDAQ 2022 Mar 14 week Last week's short on break of 13700 worked well. Market may test 13000-13100. Again watch for reaction at the levels to determine entry. Weekly = Average volume down bar closing off low = some demand though still weak but weakness still present. Daily = Low volume down bar closing at low = weakness Price reaction levels: Short on Test and Reject | Long on Test and Accept 16767 16481 15992 15492 15160 14327 13900 13246 13025 Remember to Like and Follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:NQ1!
by paradox677