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NASDAQ 100 E-MINI FUTURES

FRED has lost control of the train. They are completely stuck.This is why the next 6-12 months in the markets are going to make zero sense. 2020 the FRED not only created money they injected so much unnecessary money that have they not enforced global lockdowns the "2022 mini bubble" would have looked like 2000. Markets will follow and always adjust to debasement meaning your earnings / your P/E ratios are useless in this environment. The FRED tried raising rates the fastest in history to front run the M2 Velocity (money changing hands / transacting) but there's still simply too much money created, markets are finding support and have not "corrected" enough to off set lowering rates. If the FRED does not lower rates look at the red line on chart 2 the Federal government will blow up due to to debt. There's only one solid choice here, Option 1 "Global bust" meaning governments will default inflation will go negative no GDP growth safety nets will fail. Option 2 "Global debasement" The FRED starts lowering rates cheap credit will flow into stock markets / gold / bitcoin Money Market Funds will pour back into the markets M2V will go parabolic reigniting a dangerous inflation cycle. Once that blue box on chart two is broken this means its over. Considering how much of the market is pricing / preparing for a "collapse" yes a collapse will happen but what happens if its the currency debasement and not markets that fall? Correct, you need to re enter all markets. Lets see how this plays out towards year end.
TVC:NDQLong
by FederalXBT
NASDAQ Can this selling be sustainable?Last week (February 08, see chart below), we gave a sell signal on Nasdaq (NDX) as the the price wasn't just at the top of the short-term (dashed) Channel Up, but was also approaching the top (Higher Highs trend-line) of the 1-year Channel Up: As the index suffered strong intra-day selling yesterday, following the higher than expected U.S. CPI report (investors initially view this as an excuse for the Fed not to cut rates quickly), it is a good time to update our outlook. In this effort, we will look at it through the shorter term 4H time-frame this time. As you can see, the price breached yesterday not only the 4H MA50 (blue trend-line) but also the 4H MA100 (green trend-line), which was the first time (for the latter) since January 17, so almost 1 month. This is the first significant bearish signal for the medium-term but the confirmation will come only if a 1D candle closes below it. In that case, we expect the decline to reach first the 4H MA200 (orange trend-line) - 1D MA50 (red trend-line) Support cluster and then after a rebound gets confirmation with a rejection on the 4H MA50 (blue trend-line), target 16550, which is Support 2 and a potential 1D MA100 (yellow trend-line) contact. In that scenario, look also for the 1D RSI breaking below its Support Zone. On the other hand, since the index is rebounding today and is already on the 4H MA50, we will wait for the daily candle closing. If it is above it (as in the cases of the February 01 and January 09 break-outs), it will most likely suggest that the bullish trend is intact. In that case, we will buy the break-out and target 18400, just below the 1.786 Fibonacci extension, which was the Target of both previous Higher Highs. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US100
by TradingShot
1
Nasdaq-100 Index Futures. Bearish Channel In DevelopmentAI-related companies lost $190 billion in stock market value late on Tuesday after Microsoft NASDAQ:MSFT , Alphabet NASDAQ:GOOG and Advanced Micro Devices NASDAQ:AMD delivered quarterly results that failed to impress investors who had sent their stocks soaring. The selloff following the tech giants' reports after the bell underscored investors' elevated expectations following an AI-fueled stock market rally in recent months that propelled their shares to record highs with the promise of incorporating the technology across the corporate landscape. Alphabet dropped 5.6% after the Google-parent's December-quarter ad revenue missed expectations. Alphabet also said its spending on data centers to support its AI plans would jump this year, highlighting the costs of its fierce competition against AI rival Microsoft. While Google Cloud revenue growth slightly topped Wall Street targets, boosted by interest in AI, Microsoft's Azure grew faster. Microsoft beat analyst estimates for quarterly revenue as new AI features helped attract customers to its cloud and Windows services. However, its stock fell 0.7% in extended trade after briefly hitting an intra-day record high earlier on Tuesday. Optimism about AI pushed Microsoft's stock market value above $3 trillion this month, eclipsing Apple NASDAQ:AAPL . Chipmaker Advanced Micro tumbled 6% after its forecast for first-quarter revenue missed estimates, even as it projected strong sales for its AI processors. Shares of Nvidia NASDAQ:NVDA , which have surged 27% in January after more than tripling last year on AI optimism, also gave back some of those gain in extended trade, last down over 2%. Server maker Super Micro Computer NASDAQ:SMCI , another company that has benefited from AI-related demand, dropped over 3%. Earlier on Tuesday, it had climbed to a record high after delivering amazing quarterly results the day before. The main technical graph for Nasdaq-100 Micro E-Mini Futures CME_MINI:MNQ1! illustrates that bearish channel is in development in this time, where 17800 points is the upper (resistance) side and 17000 points level becomes attractive to watch. 3-months mid-term VIX Futures spread (the difference between front, February, 2024 VIX Futures contract CBOE:VXG2024 and May, 2024 VIX Futures contract CBOE:VXK2024 that is 3 months ahead) still is in Bearish mode, saying there's no panic yet on the streets. 50/200-hours MACD says btw, bearish sentiment becomes more active.
CME_MINI:MNQ1!
by Pandorra
NQ1! Supply Demand Levels 2/8/24Hitting uncharted territory is scary as we don't know the ceiling of this train. Idea: push into ATHs (pink line) for a stretch into R1 920s area. If flow and momentum is bulls strong, pullback into 890s and then continue higher. If bears strong, push into 890s for consolidation, before move into lower demand 30m/1hr zone 812s. First day back into charting after neglecting it! Anything is possible with NQ now with no roof over our heads...
CME_MINI:NQ1!
by tradeswithjess
NASDAQ is very close to the top of the 1-year Channel Up! Sell?Nasdaq (NDX) is extending its aggressive rise of the Bullish Leg that started on the October 26 2023 Higher Low of the 1-year Channel Up and by the strength of it, it appears it will extend it to the max. That potential max extension is in the range of 18100 - 18300, which is the top of the dashed Channel Up and the top of the dotted 1-year Channel Up, which was initiated on the market Low of January 06 2023. A news/ fundamentals based approach could time the bearish reversal after next Tuesday's U.S. CPI report. Technically though, the 1D RSI being on Lower Highs ever since December 19 2023, shows that technically we are already on a strong Bearish Divergence that can reverse any moment. The similarities with the previous Channel Up Higher High on July 18 2023 are striking, with the only exception that the current dashed Channel Up is overextending the 2nd peak. Regardless of that, the 1D RSI is coming out a similar Megaphone and appears to be on a similar Lower High as July 31 2023. A similar RSI pull-back can be seen from February 02 to March 10 2023, which resulted into a -9.35% decline for Nasdaq. The August 18 2023 decline was translated into a -8.55% decline. As a result, assuming that 18100 is a potential peak for the index, we are targeting a minimum -8.55% decline, which falls directly on Support 2 at 16550. That would break the 1D MA50 (blue trend-line) and make contact with the 1D MA100 (green trend-line). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US100Short
by TradingShot
5
NAS100 - EMBARKING ON THE BIGGEST BULLRUN IN HISTORY? Hello Traders, what a week it has been! So I think it is justified to provide you with everything I know and show you how I see things. On the chart you’ll notice an image. The image shows theoretical price action with a parabolic curve step-like formation, representing an idealised pattern in price action trading. The formation begins with Base 1, where the stock starts to show an uptrend, followed by Base 2, indicating continued growth and increased investor interest. Base 3, marked by an "X", signals a critical entry point for traders, as it suggests potential for the stock to double in value rapidly. We are depicted to be at this third phase, which is considered the most opportune moment for entry before the final ascent. Base 4 represents the peak of the trend, culminating in a Sell Point where the stock reaches its maximum and sharply declines, thus completing the pattern. However, as we gear up for the CPI data release on the 13th of February, be aware that it might steer us into a broad consolidation phase. The market's parabolic trend may not be sustainable given the upcoming figures. Prudence is key here—anticipate potential stabilisation or sideways price action as the market digests the CPI results. Additionally, watch out for how price reacts to the BOS level. No structure is definite and it's important to adapt to what price is showing us and not to cling to an idea that no longer is valid. NAS100 Weekly NAS100 Daily To add to this NAS100 analysis, I think it’s important to discuss its main components. The "Magnificent Seven" Big Tech stocks, including Nvidia, Apple, and Amazon, have seen varied performance since the pandemic, challenging the notion of them as a homogenous group. The dispersion in their returns and diverse business models highlight the differences within the sector. While Nvidia thrives as an AI specialist and Apple boasts defensive qualities, Amazon combines retail with cloud computing. The sector's valuation spectrum reflects a mix of growth prospects and market expectations, suggesting a nuanced investment landscape rather than a uniform "bubble." This diversity raises questions about the future performance of growth versus value stocks within these leading tech companies. Apple's revenue grew during the holiday quarter, driven by iPhone sales and a record in services, despite a drop in China sales due to competition and geopolitical issues. The company faces regulatory scrutiny and a patent dispute, but remains optimistic about its product ecosystem and upcoming launches like the Vision Pro headset. Amazon's stock surged 7.9% following a report of strong holiday sales, boosting its market value by approximately $135bn. CEO Andy Jassy highlighted the company's future focus on AI, projecting AI revenues to reach "tens of billions," further driving optimism for its growth potential. Alphabet's shares dropped after advertising revenues missed expectations, despite integrating its Gemini AI into various services. The company plans significant investments in AI infrastructure, raising investor concerns about the balance between growth and expenditure in the generative AI race. Meta's shares soared over 20% after announcing a first-ever dividend and a $50bn increase in share buybacks, signalling recovery from a recent advertising slump. The company plans more investment in AI and the metaverse, despite expecting short-term AI products not to significantly drive 2024 revenue. Full-year expenses are projected to rise notably. Nvidia's dominance in the AI chip market, essential for technologies like OpenAi's ChatGPT, has driven its significant growth, with the stock more than doubling in value over the past year. This surge contrasts with the broader semiconductor industry's struggles with excess inventory and reduced demand in other sectors. Nvidia's success is partly due to partnerships with major tech firms like Microsoft and Meta, with the latter planning to acquire almost 600,000 high-end Nvidia GPUs for AI research. This focused investment in AI has positioned Nvidia at the forefront of the data centre market, overshadowing traditional leaders like Intel. Microsoft's shares fluctuate after announcing strong cloud sales integrated with OpenAI's tech, but ended lower due to concerns over high investments in AI infrastructure. Despite a 20% increase in cloud revenues, investors remain cautious about the costs associated with expanding AI capabilities. Tesla's shares dropped 12% amid warnings of lower sales growth due to reduced demand and increased competition. CEO Elon Musk announced a new lower-cost car for 2025, aiming to regain momentum. Tesla faces challenges from price cuts, higher costs, and a shift in the EV market, impacting its financial performance. Here’s some economic theory for you, to add some more depth to the analysis. The Federal Reserve's monetary policy, particularly changes in the federal funds rate, has a significant impact on bond yields and, subsequently, stock prices. When the Fed raises interest rates to combat inflation or cool down an overheating economy, bond yields tend to rise as well. Higher bond yields make bonds more attractive relative to stocks, which can lead to a decline in stock prices as investors may shift away from equities. Conversely, when the Fed lowers interest rates to stimulate economic growth, bond yields often decrease, making stocks more appealing, which can boost stock prices. So, Fed rate decisions play a crucial role in influencing the relationship between bond yields and stock prices. In economic theory, bond yields and stock prices exhibit a negative correlation. This is why yield charts matter. Have a look: The general outlook is that the US Federal Reserve is cautious about cutting rates despite inflation slowing, due to concerns about potential economic growth and inflation resurgence. Market expectations of rate cuts exceed the Fed's projections, but with inflation drivers easing, the case for reducing rates is growing stronger. However, the US job market added 353,000 jobs in January, surpassing the expected 180,000, leading to reduced expectations for a Federal Reserve interest rate cut in March. The strong job growth supports the Fed's cautious stance on rate cuts, despite political pressures. In my opinion, if the US economy continues to show such resilience and the next CPI release is lower than consensus, we might be witnessing the beginning of the largest bull run in history. In summary, the NAS100's trajectory is at a crossroads with the upcoming CPI data potentially triggering market consolidation, despite the recent parabolic pattern. The diverse performance among Big Tech stocks underscores the need for nuanced analysis. While Federal Reserve policies continue to sway bond yields and stock prices, the strong job market suggests caution in anticipating rate cuts. Keep a close eye on how the NAS100 responds to the interplay of inflation data and tech sector dynamics. Overall, maintain a strategic approach and be ready to adjust to new information as we navigate these complex market conditions. Stay informed, stay agile. As always, I hope you enjoyed this one and have a great weekend!! ;)
FX:NAS100Long
by Lexi_Is_Trading
W Pattern Setup on NQJust as in 2002-2003 when America invaded Iraq looking for WMDs (emphasis on the W). George W Bush (again, W) went to eliminate WMDs in Iraq. When said WMDs were not found, it was time to short the Iraq war. However there is a long and profitable path before us until our lies are exposed and we would be fools to not take advantage of this opportunity. We have the W, all we need is the MDs (I have a few friends that are doctors). This play has tremendous upside potential as we would be well in profit before anyone discovers our misdeeds.
CME_MINI:NQ1!Long
by Eclipse_Trading
AmazonSmile. You shop. And... Amazon Still Gives 😊 Amazon stocks are going up this year with solid 52.29% year-to-date gain, that is currently the 9th largest YTD result over all components of Nasdaq-100 ( NASDAQ:NDX ) index. Work hard, Have fun, Make history - And You're Done! - This is the official tagline of Amazon in 2023. The slogan refers to Amazon’s dedication to innovation and service enhancement. As can be seen, Amazon tagline 2023 is separated by three ideologies. Have Fun There is a saying that goes You gotta do what you love to love what you do, and I believe it much applies to this ideology – to have fun. The key to having fun at work is creativity and innovation. Bezos makes room for mistakes, as long as they lead to something positive. You know what they say, learn from your mistakes and be better. To have fun is to think beyond the boundaries with a powerful imagination. Make History As of June 22, 2023, Jeff Bezos is the third richest person in the world, with a net worth of $149 billion, according to Bloomberg Billionaire Index data . Amazon proudly contributes to Bezos’ success, being the most successful retailer company in the U.S.A. Despite such accomplishments, the business still strives to develop bigger by the day. From A To Z You can still see a smile formed right under Amazon’s logo; it represents the range of products and services available on the platform. The smile also symbolizes consumers’ happiness when they find what they need within just a few clicks. Of course, in Trader's terms a market smile also means V-shaped recovery, that is currently observed due to massive Reversed Head and Shoulders Chart Pattern structure breakout. Overall Amazon stocks still are on the positive path, following the All-the-history support of 10-years simple moving average.
NASDAQ:AMZNLong
by Pandorra
16
NASDAQ pulling back on high correlation with the July 2023 Top.Nasdaq (NDX) appears to be forming a Top approximately at the levels we described on our most recent idea (January 23, see chart below): Today we move to the 4H time-frame where we can discuss the shorter term parameters of this expected pull-back. As you can see right away, the July 2023 peak (and the price action that led to it) is very similar to today's attempted technical peak formation. Both sequences started with an Accumulation Phase (green ellipse), rose and then had a 10-day correction and after a short re-accumulation (circle), they peaked on approximately a +6.80% rise. During all this time, they have been trading within a (dashed) Channel Up pattern. In addition, the 4H RSI sequences between the two periods are virtually identical and we are now on the Lower Lows formation, where the actual index is below the 4H MA50 (blue trend-line), following the overbought 4H RSI peak. If the price continues to replicate the late July - early August 2023 sequence, then expect a Lower High and then sharp short-term correction below the 4H MA200 (orange trend-line). Target 1 is on Support 1 at 16560 and if we get a 1D candle closing below it, we will re-sell with Target 2 on Support 2 at 16200. That will be roughly a -8.67% decline from the top, similar to the August 18 2023 Low. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US100Short
by TradingShot
3
NASDAQ: Is the correction starting?Nasdaq isn't overbought on the 1D time-frame anymore but technically it remains bullish (RSI = 63.538, MACD = 210.050, ADX = 41.826) and will continue to be as long as the two month Channel Up holds. It may be supported by the 1D MA50 but if the index follows the late July peak formation and crosses under the 0.382 Fibonacci level, then we expect a technical short term correction. The crossing will be our sell entry trigger and we will target the S1 level (TP = 16,200). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US100Short
by InvestingScope
1
BTC VS NDX. FOLLOWING THE BEARISH SCENARIOPreviously in the Series.. 👉 Launch of BTC futures on December 18, 2017 Bitcoin is down more than 10 percent in a week and crashed 80+ percent in a year. 👉 Launch of trading on Coinbase IPO NASDAQ:COIN on April 14, 2021 Bitcoin is down more than 10 percent for the week and crashed 50+ percent for the quarter. 👉 Launch of AMEX:BITO - the first fund based on BTC futures, on October 19, 2021 Bitcoin is down more than 10 percent in a week and crashed 80+ percent in a year. 👉 Launch of ̶G̶i̶p̶s̶y̶ ̶C̶a̶m̶p̶ 11 ETFs on BTC, incl. on BTC spot, on January 11, 2024. Bitcoin has slumped by more than 10 percent in a week and further losing its shores. The main technical graph is a ratio between Bitcoin BITSTAMP:BTCUSD and NASDAQ:NDX Nasdaq-100 Index. Indeed, BTC underperforms against NDX, almost for a 3 years in a row.. But blind faith is ineradicable.. Who knows, what BTC halving has to say.. The truth is One and Only - just trend is your real friend ! 😄
BITSTAMP:BTCUSD
by Pandorra
NASDAQ Extremely close to a peak and a correction.Nasdaq (NDX) closed yesterday on a red 1D candle, with the 1D RSI above the 70.00 overbought barrier, but remains within the (dashed) Channel Up, as well as supported by the 1D MA50 (blue trend-line) since November 03 2023. Based on the 1D RSI which is within a Megaphone pattern, we might be approaching a peak similar to July 19 2023, whose RSI was also inside a Megaphone on almost the same levels as now. Following the peak, the price declined initially by -8.50%. Since the start of the year the other two major declines have been around -9.50%. This suggests that if the index reverses around next week (Fed Rate Decision), we are technically aiming for 16200, which will put to a test Support 2 and the 1D MA100 (green trend-line), which made the bottom on the first -9.50% decline of last year on March 13. The confirmation signal for atleast a short-term sell, can be when the index breaks the 1D MA50. Also, currently, the downside potential can be as low as the 1D MA200 (orange trend-line), which by its current course can make contact with the price around Support 3 (15700). The 1D MA200 has been untouched for more than 10 months (since March 13 2023). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US100
by TradingShot
8
NASDAQ Starting a double Top rejection towards the 1day MA200.Nasdaq / US100 is pulling back after a Double Top formation at 16970. The 1day RSI is already inside a Channel Down, much like the patterns of the July 19th 2023 and February 03 2023 Tops. They both declined by -9.00% on average. Sell and target 15850, which is slightly over the bottom of the Rising Wedge (Rising Support) - 1day MA200 - 0.5 Fibonacci Support Zone. Previous chart: Follow us, like the idea and leave a comment below!!
CAPITALCOM:US100Short
by TheCryptagon
NASDAQ: Potential correction to the 1D MA200.Nasdaq is on a bullish 1D technical outlook (RSI = 60.007, MACD = 103.260, ADX = 29.522) as since January 5th it reversed before testing the 1D MA50 and is near the R1 level (16,980). The last three 1D candles have been flat and with the RSI trading downwards (Bearish Divergence), it is a first sign of a potential technical decline. This is like the top pattern of July 18th 2023, also on an RSI Bearish Divergence. In accordance to that price action, we expect yet another decline under the 1D MA50, for a close test of the 1D MA200. Our target is at the top of the S2 Zone (TP = 15,800). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US100Short
by InvestingScope