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NASDAQ 100 E-MINI FUTURES

DOW JONES: Short term trade.Dow Jones has formed a Triangle pattern on the 4H timeframe with the technical outlook primarily bullish (RSI = 63.320, MACD = 81.030, ADX = 45.324) as the rise in the past 7 days has been very aggressive. We will take a short term trade on Dow following the breakout outside the Triangle. Over it, we will buy and target the dotted HH trendline (TP = 34,800) while under it we will sell and target the 4H MA50 (TP = 34,250). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US30
by InvestingScope
1
NQ: How far can this uptrend go? Channel - There’s a clear uptrend channel. Symmetrical projection: An uptrend N pattern - By projecting a 100% symmetry projection of the initial swing from point A to B, and extending it from point C. - As the expected symmetric pullback to E did not occur, I anticipate a further 100% extension from D to F ($16,733). The target price level aligns with the historical high level, adding significance to the target price. Resistance levels on the way - The price successfully surpassed the previous key resistance level at $15,344 and paused by reaching the upper band of the uptrend channel. (Please refer to the link, "Related Ideas", below for more details.) - The next resistance level is the “Another potential TP” level at $16,216. ( If applying a more conservative initial swing. Please refer to the link, "Related Ideas", below for more details.) Support/ Defence level for bulls - Since the price successfully broke out and closed above the old key resistance at $15,344, we can adjust the prior low level to $14,853. - The level at $14,853 coincides with two key Fibonacci levels: The 0.236 Fibonacci retracement level from point A to “Another potential TP” level (assuming that level G represents the end goal of this uptrend). The 0.382 Fibonacci retracement level from point C to point F (assuming that level F represents the end goal of this uptrend). - While the new support/defense level for the uptrend is set at $14,853, the ideal scenario for bulls is to observe a shift in the previous key resistance level at $14,344, turning it into a support level. **Not Financial Advice** The information contained in this article is not intended as, and should not be understood as financial advice. You should take independent financial advice from a professional who is aware of the facts and circumstances of your individual situation.
CME_MINI:NQ1!
by stock_adelie
NQ1! NAS100USD NASDAQ 2023 JULY 13 NQ1! NAS100USD NASDAQ 2023 JULY 13 Wait for Mon 17 Jul's bar close to determine if Friday's mark down is for additional buying / weakness. Possible Scenarios: 1) if Mon 17 Jul closes higher = long on reracement 2) If Mon 17 Jul closes lower = look for low volume mark up, rejection, then short at rejection near recent resistance / high Price Reaction Levels Short on Test and reject | Long on Test and Accept 16646 15839 15507 15118 14850 14368 *Longer term: 13350 needs to be supported for long trend to be intact. Price/Volume/Trend Analysis: Weekly: NTC ave vol up bar close off high = minor weakness | Uptrend Daily: UT ave vol bar in an uptrend = wait for next bar to determine if this is marked down for additional buying or weakness | Uptrend *NTC = Non-Trend Changing | PTC: Potential Trend Changing Like and follow if you find this useful. Have a profitable trading week. *For education purpose only.
CME_MINI:NQ1!
by paradox677
NQ1!, Market Needs a Reason to SellLast session has retested monthly R1 confluence with the upper edge of the channel. Initial reaction, profit taking. This is all normal and supported by technical analysis. In my view, this is an objective way to look at the market action and remain on the right side of the chart. As the title suggests, the market needs a reason to sell which is a reverse of the current narrative. As of now, I don't see it. Until then, one could buy pullbacks in alignment with smaller timeframe technicals. Rate hikes, shrinking economy, inflation and etc. mess with the trader's mind. They assume that market should be sold and fight the trend. But the most hated upside move remains intact. Reactions(pullbacks) are not reversals. Looking at the chart the most recent breakout, from a highlighted consolidation has negated my previous idea that this is a potential head of an H&S. A pullback to retest the breakout is a buy opportunity. I anticipate a reaction on first test. Mid of the consolidation is a second place to consider buying, confluence with the upside channel mid. Full disclosure: I'm not neither bull or bear. I only follow a typical price action scenarios. Off the topic. Regarding the shorting the market. Shorting itself is entertained by hedge funds and retail traders. They want to outsmart the market and gain big returns. The investors don't short they sell the assets to relocate money into other assets. Passive investing, corporate buy-backs, 401k, pension funds only buy. They are a permanent source of keeping the bull market afloat. For those who has an irresistible pull to short learn how to time it well and execute with a precision. 07/15/2023
CME_MINI:NQ1!
by SviCapital
7
NASDAQ The All Time High is the only target left now.Nasdaq / US100 continues to trade inside a Channel Up pattern in the last 6 months. The price is now comfortably above Resistance A and the only Resistance level that's left to challenge the trend is the All Time High at 16790. The last two rallies achieved runs of 13.40%-13.80%. As long as the 1day MA50 supports, keep buying, since also the 1day RSI is supported by a Rising trendline. Target 16700. Previous chart: Follow us, like the idea and leave a comment below!!
CAPITALCOM:US100Long
by TheCryptagon
9
US100 Long Rises Higher to 15200zone,the possible correctionHi traers. We will make a possible correction soon, as mentioned on the chart.Please scrol bac the chart above and watch and read it closely. The Bulls are getting ready for a profit taking after CPI data on tuesday latestly after friday this week. This happens of 2 reasons: The bears on the top are waiting at the low voluem areas The bulls will protect some of their winners and start to distribute on the supports I have marked with price lables and green arrows The RSI is stablishing a divergence , not completed yet. The trend is definitly and absolut bullish,but we will have this necessary correction and after that a possible sideways range(Bullish range) ,in summer time, as many traders will start their holidays. Technically the trend is healthy. Please condsider this with proper money mangement and stop limits. Kind regards, Dave Brasco
CAPITALCOM:US100Long
by DaveBrascoFX
3
Higher upside or Bull trap?Yesterday we spoke about the Dollar weakness and how that will affect the equities markets. As expected due to the strength of a weak dollar 😉 NQ broke the Highs it had stablished on the Hourly timeframe a $15432.00. The one thing we spoke about and speculated we would see today did not become a reality. We were expecting once the highs were breached for price to retrace and possibly target Hourly Lows. We did get a nice retracement to $15342 and an unexpected bounce reaching to take out the newly created Hourly highs. What was I expecting you ask? Well it was a bit ambitious since I wanted to take out the highs and target the lows right away, LOL. But this can happen all depending on the Dollar strength or weakness for that matter. Momentum should carry price at least above $15507 with potential to target 15561 depending on PA (price action) ay considerable rejection at these levels I expect to see price return t $15359. Keep your eyes on the Dollar
CME_MINI:NQ1!Long
by JP_Tru
NASDAQ Resistance break-out, buy signal targeting 15900.On our last Nasdaq (NDX) call (see chart below), we took a short-term buy after a bullish break-out above a key Fibonacci level: The index made an even more critical break-out yesterday, as it broke above Resistance 1 (15285) which had in the last 30 days two clear rejections (June 16, July 05). This is a technical bullish break-out signal, on a 1D RSI above its MA and the price on a rise after getting close to the Channel Up pattern from the start of the year. The 1D MA50 (blue trend-line) has been supporting the majority of this strong uptrend in the past 4 months. The upside potential extends as high as Resistance 2 (January 04 2022 High) at 16570 but we will pursue a more modest target. The minimum on the previous bottom rebound was the Fibonacci 2.0 extension. As a result, we are buying this break-out and target 15900. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US100Long
by TradingShot
5
NQ1! Supply and Demand Levels 7/12Link to chart: www.tradingview.com Insane move after CPI! We are hitting a strong Daily supply zone. I am looking forward to a break through it as we continue to the 1HR R2 Pivot Target at 15562. For bears, maybe in the next week or 2 we can have a full retracement of the CPI move down to 15310. Zooming out on the 4HR chart, we had the break out the downtrend, a retracement of the breakout, and now the continuation to break the highs of the downtrend and now moving into new territory since 2022 (Covid Era).
CME_MINI:NQ1!
by tradeswithjess
NASDAQ Short term sell on the MA50 (4h).Nasdaq is testing the MA50 (4h) as the short term Resistance. Ahead of Wednesday's U.S. CPI any short term estimate can be invalidated by the usual high volatility but technically, as long as that level holds, it justifies the completion of a Channel Down same as June 15th-26th. The long term pattern remains a Channel Up, so any pull back is a long term buy opportunity as long as the MA50 (1d) holds. Trading Plan: 1. Sell on the current market price. 2. Buy at the bottom of the Channel Up. 3. Sell if Support (1) breaks. Targets: 1. 14850 (expected contact with the MA200 4h). 2. 15450 (+4% rise as previous rebound). 3. 14550 (expected contact with the MA50 1d). Tips: 1. The RSI (4h) has offered the ideal sell on its 70.00 overbought level and the ideal buy near its 30.00 oversold level. Use it as an additional indicator. Please like, follow and comment!! Notes: Past trading plan:
CAPITALCOM:US100
by TradingBrokersView
8
Nasdaq crash by🗻Double Top Pattern🗻Nasdaq is moving near the 🔴 resistance zone(15,385-$15,160) 🔴, and the formation of an Exhaustion gap can be a 💡 Sign 💡 of the end of the upward trend of the Nasdaq these few weeks. Also, due to the Regular Divergence(RD-) between two consecutive peaks, the possibility of forming a 🗻 Double Top pattern 🗻 is very high. 🔔I expect the Nasdaq to fall to at least the 🟢 support zone($ 14,060-$ 13,610) 🟢 after breaking the uptrend line and neckline . Nasdaq 100 Index Analyze (NDXUSD), 4-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
NASDAQ:NDXShort
by pejman_zwin
26
NASDAQ: Last drop before the rally.Nasdaq is on the 4th red 1D candle in a row with 4H technicals turning bearish (RSI = 42.946, MACD = -13.870, ADX = 40.063) while the 1D RSI is testing the HL trendline for the 4th time since December 28th 2022. If it crosses it, we will have a first bearish warning that the 4H MA50 may break for the first time since April 25th, where we will sell and target the 1D MA50 (TP = 14,500). For as long as the 4H MA50 holds though, we will buy and target the R1 firstly (TP = 15,250) and the R2 (TP = 16,000) secondly. Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US100
by InvestingScope
1