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NASDAQ 100 E-MINI FUTURES

NASDAQ Time to move more aggressively to the tech sector!Nasdaq (NDX) may be underperforming on its August recovery relative to the other indices (S&P500 and Russell 2000) but as the monthly candle closes today, there is a very encouraging signal coming from an index ratio that shows that this may be the time to get heavier on tech. We will use the Russell 2000 index (RUT) as it represents a wider array of companies and place it against Nasdaq on the RUT/NDX ratio. Naturally over the years (this 1M chart shows data since 2006), the ratio declines within a Channel Down as historically the riskier tech sector attracts more capital and grows more. However there are instances where Russell gains more against Nasdaq. We are currently though at a time where this isn't the case as the ratio seems to be under a consolidation that on previous fractals (March 2015, September 2008) led to more decline, thus gains for Nasdaq. As you can see, this movements can be grasped by the Sine Waves, though not perfectly, but still goo enough to understand the cyclical pattern we're in, also with the help of the 1M RSI Triangles. Nasdaq (which is represented by the blue trend-line) has started massive expansion Channel Up patterns following this unique signal given by the RUT/NDX ratio. The first was right after the 2009 Housing Crisis bottom and the second during the 2015/ 2016 E.U., VW and Oil crisis. As a result, this could be an indication that even though the last crisis we had was 2022 Inflation Correction, Nasdaq may be starting a new bullish wave of massive gains against the rest of stock indices. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:RUTLong
by TradingShot
NASDAQ Normal volatility. Bullish trend intact.Nasdaq (NDX) gave as the ultimate bottom signal on our buy call 2 weeks ago (see chart below) and staged a massive recovery from July's correction: Right now it tested and held the 1D MA50 (blue trend-line) as a Support, establishing the new demand zone. During the previous Bullish Legs of the nearly 2-year Channel Up, when the price action remained above the 1D MA50, Nasdaq extended to a new Higher High on that pattern. We may face some minor volatility for max a week, as the index encountered during the first to Bullish Legs but we should soon test the Inner Higher Highs trend-line, which most likely will see us reach our first Target of 20900. ------------------------------------------------------------------------------- ** 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:US100Long
by TradingShot
NASDAQ Reality will again hit those betting against the market.10 months ago (October 06 2023, see chart below), we published an idea with a similar title, as following a standard technical 3-month correction, there was a growing bearish sentiment amidst market fear over a potential economic slowdown of the 2023 recovery: As you can see none of the 'fears' prevailed and instead the index offered us the best buy opportunity at the time. The early August correction has been the best buy opportunity since then. After a 3-week correction, quite aggressive for sure, Nasdaq (NDX) reached its 1W MA50 (blue trend-line) for the first time in almost 1.5 years and rebounded emphatically, making the strongest case possible that this Support level priced the new market bottom. We made slight changes on this 10-month chart and we've set 2 new long-term targets: Target 1 at 23250 (the 0.236 Fibonacci level) and 27000 (top of the Channel Up). We utilized the Fib symmetry of the previous Bull Phase, prior to the 2022 (inflation) correction and since Nasdaq is currently at 97 weeks (697 days) since its Bear Cycle bottom (October 10 2022), we could assume that proportionally, we are around November 02 2022, around the 0.382 Fib. The 1W RSI just rebounded on the 5-year Symmetrical Support Zone that only breaks during Bear Phases and the 1W MACD is also posting a similar sequence to Nov 2022. Note that as long as the 1W MA50 holds, the index is technically on a long-term Bull Phase with the Green Ichimoku Cloud supporting within the 1W MA50 and MA100 (green trend-line). Technically, the index can rise up to 29000 - 30000 before entering a new 1-year Bear Phase. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:NDXLong
by TradingShot
AAPLE VS NASDAQ. THE FRUITY COMPANY AHEAD OF EARNINGS CALLConsumer tech manufacturer Apple (AAPL) is due to report earnings next Thursday, February 1. Notably, waning iPhone demand out of China has worried investors as Apple had a rocky 2024 start, dealing with several stock downgrades. Some of analysts slowed down its expectations for Apple and the biggest tailwinds and risks for its various devices. "As far as those businesses are concerned, the only one that will probably show growth is Mac because some of the new products that they rolled out and easy comps from a year ago, you will probably see some sharp declines specifically on the iPad side of things...," they note. The main graph is a ratio, between Apple stocks price NASDAQ:AAPL and overall NASDAQ:NDX Nasdaq-100 Big Tech index. It's been a while since Buffett put the money into Fruity Company in Q2'16, and since that Apple stock outperformed the whole index, appr. by 150 percent over the next 6 years. By the way, Apple stocks as well as Nasdaq-100 index hit the bottom, in early Q4'22 and since that, Apple underperforms the whole Big Tech Index, totally. Basically NASDAQ:AAPL losses against NASDAQ:NDX further, over the past 12-15 months later they both hit the bottom. In this time the major break down happens in massive reversed Head-and-Shoulders ctructure, just ahead of Q4'23 Earnings call. This is the bottom line, I'm avoid the Fruity Company ahead of Earnings Call. Happy trading to everyone. See y'all later.
NASDAQ:AAPL
by Pandorra
Markets Love the Bulls!!! Close to All-Time HighsS&P pulled back 78% of the fall Nasdaq pulled back 61% of the fall Dow pulled back 78% of the fall IWM pulled back 50% of the fall Impressive rips for 2 weeks of trading for the "buy the dip" community. This week's direction was steady in futures, and gaps higher in indexes from opening to closing bell. I'm keeping the charts as clean and simple as possible. September and October are rarely good months for the markets so perhaps all-time highs are a bit of a stretch, but we're much closer now than we were August 5th when everyone was freaking out. Upcoming news for next week: FOMC Minutes US PMI Jackson Hole (with Powell Speech) My defensive plays are focused through August and September expirations, but I'll likely continue to add hedges if appropriate. Have a great weekend and back at it next week!!!
SP:SPX
by ChrisPulver
US100 (NASDAQ) Outlook ICT ConceptsUS100 (NASDAQ) Analysis 💡 Previous Analysis Review: In the previous analysis, we noted the importance of price action around key liquidity zones. The market has now expanded higher, sweeping a significant Buy-Side Liquidity (BSL) and approaching a critical resistance area. 📍Current Market Overview: The NASDAQ (US 100) is currently trading at 19,497.2, having recently swept a Buy-Side Liquidity (BSL) level. The market is now positioned near the highs, indicating a potential reversal or continuation, depending on how price reacts in this zone. 🔍 Identifying Key Levels • PMH (Previous Month High): 20,800.0 • PWL (Previous Week Low): 17,235.0 • PML (Previous Month Low): 17,570.0 • SSL (Sell-Side Liquidity): Multiple levels visible around 18,180.0 and 17,940.0 • BSL (Buy-Side Liquidity): Recently swept near the current price. 📊 Key Considerations • BSL Sweep: The recent sweep of BSL suggests that a significant amount of liquidity has been captured. This could lead to a retracement if the market fails to push higher. • FVG and Reversal Potential: Though not directly visible in the provided chart, any failure to maintain higher prices after this liquidity sweep could signal a strong sell-off. • Low Resistance Liquidity Sweeps: For both bullish and bearish scenarios, it’s crucial to monitor lower time frame liquidity sweeps: • For a bearish scenario, additional BSL needs to be taken and a failure to break higher could indicate a reversal. • For a bullish scenario, if an SSL is swept and the market holds above the current level, it might target the PMH. 📈 Bullish Scenario A bullish scenario might unfold if: • SSL Sweep and Hold: If the market sweeps an SSL and holds above the current level, it could indicate that the market is ready to target higher levels, including the PMH. • Continuation Higher: A successful hold above the BSL sweep could lead to an exploration of higher price zones, particularly towards the PMH. 📉 Bearish Scenario A bearish scenario could develop if: • Failure at Current Levels: If the market fails to hold above the BSL sweep and shows signs of reversal, it could lead to a significant retracement. • FVG Rejection (if applicable): Any rejection at a nearby FVG could further confirm a bearish move, with targets at SSL levels or lower. 📊 Chart Analysis Summary • Bullish Expectation: A hold above the current level, especially after an SSL sweep, could lead to a continuation towards higher targets like the PMH. • Bearish Expectation: A failure to maintain higher prices post-BSL sweep, with a subsequent reversal, could lead to a sell-off targeting SSL and lower zones. 📝 Conclusion: The recent sweep of Buy-Side Liquidity (BSL) puts the market at a pivotal point. Monitoring the reactions around this level and lower time frame liquidity sweeps will be crucial. Both bullish and bearish scenarios are on the table, with the market's ability to hold or reject current levels being the deciding factor.
CAPITALCOM:US100
by RealArmin
2 Weeks of Recovery - But Seasonality Lurks in Sep/OctMonday - UP Tuesday - UP Wednesday - UP Thursday - UP SPY has put together 2 weeks with 20+ points from low to high eclipsing the averaging 14/15 point average true range for the week - it really is wild stuff!!! I try to make some sense of everything today with an inverse cup & handle pattern on the SPY/SPX/ES levels. I dive into September/October seasonality and upcoming news for the US. PMI next week and Jackson Hole. More employment news and PCE before the month ends with NVDA earnings. CME Fed Watch Tool showing a 76% probability the FED will cut 25 bps September 18 and we will still see more news on employment and inflation come in before the official FOMC meeting. Actively trading, cautiously bullish, a bit surprised by how motivated this market is to recover. If there's any hesitation, it would make sense technically. I'm not interesting in calling tops/bottoms, I'm just interested in good levels to trade. Thanks for watching!!!
AMEX:SPY
by ChrisPulver
NQ / NASDAQ📉 NQ1! Analysis: Potential Short-Term Correction 🚨 The NQ1! chart indicates a potential pullback as we approach the key date of August 22, 2024. The current trend suggests that the market might experience a decline, with a local bottom expected around this date. Traders should prepare for a possible correction, which could provide an optimal entry point for those looking to position themselves ahead of the next potential rebound. #NQ #Nasdaq #StockMarket #Trading #MarketAnalysis
CME_MINI:NQ1!Short
by trushkovskiy
It's a Bull - It's a Bear - It's Time to Make Up Your Mind3 straight weeks of setting from mid-July crescendos with a crash August 2. But the "crash" was met with a vicious buying spree that now places the major index 50% of so from the large high to low swing. In this video, I breakdown the technicals and scenarios trying to make some sense of where we could be heading. We are mostly through Q2 earnings. PPI and CPI prints have been digested (market likes it mostly). We still have retail sales and unemployment claims this week and if the market reacts bearish, it's a pretty obvious sign the market is more concerned about a softer labor market and recession than it is inflation. If the markets reacts bullish and continues to grind higher, we may be looking at another incredible V bottom without the FED having to do anything - which would be a surprise :) I'm cautiously bullish and believe the market will struggle to blow through all-time highs, but it's possible we still test and sniff them out, though unlikely it will be broad. More about big money moves are cutting positions in Mag 7 so a true broadening will be a nice change of pace instead of a highly concentrated Top 10 carrying the overall market. Enjoy the video and thanks for watching!
CME_MINI:ES1!
by ChrisPulver