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NQ1

7 Dimension Trade idea For Nasdaq 😇 7 Dimension Analysis Time Frame: H4 1️⃣ Swing Structure: Bullish 🟢 Structure Behavior: Break of Structure (BoS) 🟢 Swing Move: Corrective move, indicating a Point of Interest (POI) for potential reversal. Vigilance is required for a bullish reaction at this level. 🟢 Inducement: Not done yet; waiting for a proper internal bullish BoS. 🟢 Internal Structure: Currently bearish, anticipating a shift with a bullish BoS. 🟢 Decisional Order Block: About to be mitigated. 🟢 Demand Area: Identified via FVG, indicating a discounted area. 🟢 Time Frame Confluence: Daily and H4 2️⃣ Pattern 🟢 CHART PATTERNS: No significant chart patterns observed. 🟢 CANDLE PATTERNS: Various signals: Record Session count, Shrinking long wick, Change in guard with engulfing, Doji, Momentum, Inside bar, and a blended combo suggesting a potential reversal. 3️⃣ Volume 🟢 Fixed Range: Bullish dominance in these areas. 🟢 Volume during Correction: Comparatively less during correction than in impulsive moves. 4️⃣ Momentum RSI 🟢 Zone: Extremely Bearish 🟢 Range Shift: Waiting for a potential shift from bearish to sideways. Two strong bullish divergences indicate weakness in bearish momentum. 🟢 Loud Moves: Conventional RSI theory suggests an extremely oversold market, possibly signaling a reversal. 🟢 Grandfather Father Son Entries: A robust 7-star buy signal. 5️⃣ Volatility Bollinger Bands 🟢 Price is already under the Middle band. 🟢 After a strong expansion, the market is moving into contraction, indicating a potential bullish sideways move. 🟢 Squeeze breakout awaited. 🟢 Walking on the band not yet. 6️⃣ Strength According to ROC 🟢 Values: Nasdaq shows the highest rate of bullish sentiment compared to all other indices. 7️⃣ Sentiment Price action signals a clear long entry, but other dimensions like momentum and volatility tell a different story. Waiting for final volatility and momentum confirmation for a long position. ✔️ Entry Time Frame: H4 ✅ Entry TF Structure: Bullish ☑️ Current Move: Corrective ✔ Support Resistance Base: FVG demand area ☑️ Candles Behavior: Bullish signals intact - RSC, Long wicks, Doji, Inside, Momentum. ☑️ FIB Trigger Event: Occurred ☑️ Trend Line Breakout: Breached but not confirmed. 💡 Decision: It's prudent to wait until the price provides a proper internal structure breakout. Once a bullish BoS is confirmed, consider a buy. I will update entry, take profit, and stop levels when triggered. 🚀 Entry: ✋ Stop Loss: 🎯 Take Profit: 2nd Exit if Internal Structure changes, also Exit 3rd Trendline Breakout, FOMO. 😊 Risk to Reward Ratio: 🕛 Expected Duration: SUMMARY: The analysis suggests a potential bullish reversal but advises caution until the price demonstrates a clear internal structure breakout. Various signals indicate a reversal, and a detailed plan will be updated upon market confirmation.
OANDA:NAS100USDLong
by Optimum369
NASDAQ Hit the Channel's Top. Mid-term correction expected.Nasdaq (NDX) hit (and marginally broke above) its November 2021 All Time High (ATH), completing the expected Megaphone pattern we shared with you on November 16 (see chart below): Last Thursday (December 28) the index hit the Higher Highs trend-line that started on the August 16 2022 High and can be treated as the top of a Channel Up pattern. The key here is the 1D RSI, which is developing a Channel Down, i.e. Bearish Divergence, similar to the July 19 2023 High. As a result, it is highly likely to see a good medium-term pull-back, which within the Channel Up pattern has been around -8.50% on average. Such a decline would approach the 1D MA200 (orange trend-line). Our target is 15550. ------------------------------------------------------------------------------- ** 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
1
Calling Stock Market top at Nasdaq 17291 NQ QQQPredicting specific dates for stock market tops or bottoms is a highly speculative endeavor and can be influenced by a multitude of unpredictable factors. While technical analysis, fundamental analysis, and other methodologies can offer insights into market movements, they cannot reliably pinpoint exact dates for significant market turning points. If you are referencing a specific prediction or analysis from an external source about the NASDAQ reaching 17,291 on January 4th or January 8th, it would be essential to consider the basis for that prediction, the underlying data, and the track record of the source making the prediction. Investors and traders should always conduct thorough research, consider multiple sources of information, and consult with financial professionals before making any investment decisions based on predictions or forecasts.
CME_MINI:NQ1!Short
by EIP-EverythingIsPlanned
NASDAQ: Breached the 4H MA50. Sell signal.Nasdaq just crossed on the current 4H candle under the 4H MA50, which has been the short term Support since December 8th. Even though it turned neutral on its 4H outlook (RSI = 45.004, MACD = 31.260, ADX = 51.152), 1D remains bullish (RSI = 65.645) so a potential decline will serve as a technical pullback inside the seven week Channel Down. The 4H RSI is already on a Bearish Divergence much like it was on the last Bearish Leg of November and a candle close under the 4H MA50 will validate the sell signal. Our target is the bottom of the Channel Up on an expected -2.88% decline (as the previous one) and potential contact with the 4H MA200 (TP = 16,480). See how our prior idea has worked: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US100Short
by InvestingScope
2
Navigating the Markets with Fibonacci ChannelsToday we delve into the fascinating world of Fibonacci Channels, a powerful tool for traders looking to identify potential non-horizontal support and resistance levels in the market. Throughout the video, we provide a step-by-step guide on how to place Fibonacci Channels on price charts, allowing you to visualize and understand their significance in identifying key price levels. We also showcase real-world examples to demonstrate how Fibonacci Channels can be used to find points of interest, such as trend reversals and price targets. Furthermore, we discuss the integration of Fibonacci Channels with other technical indicators, providing insights into how this combination can enhance your trading strategy. By the end of this video, you will have a comprehensive understanding of Fibonacci Channels and the ability to confidently incorporate them into your trading approach. Get ready to unlock the potential of Fibonacci Channels and take your trading skills to the next level!
Editors' picks
Education
by LeafAlgo
16
🔝 Nasdaq-100 Index: The House of Rising SunThe History is happening right here! ✨ Nasdaq-100 Index NASDAQ:NDX just set its Best First Half in almost 40 years since inception in 1985, with amazing 38.75% year-to-date return in 2023. Among all semi-annual results, Nasdaq-100 gain this year is second only to the year of 1999. With historical 61.44% gain in the second half of 1999, glory times shortly ended. Just two months later in the 1st quarter of 2000 index peaked at 4816.15, for the next 15 plus years. As 38.75% surge in 2023 still far away from the All-the-history record 61.44% in 1999, stocks feel this year like they are, as the great 1960's band "The Animals" said, in the House of the Rising Sun. They won the race, and closed the 1st half of the year with solid gains. Let's take a look and congratulate the winners of the race! ✨ 🥇 The 1st place - Nvidia Corporation, 184.84% YTD return NASDAQ:NVDA Nvidia is the clear winner in the AI arms race so far. It's the company that appears best positioned to dominate the burgeoning sector, and more and more investors continue to wake up to the potential of artificial intelligence. Nvidia effectively provides a one-stop shop for what customers need to drive their AI ambitions. They control their entire ecosystem on both hardware and software, similar to Apple, and that puts them years ahead of competitors. 🥈 The 2nd place - Meta Platform Incorporation, 133.66% YTD return NASDAQ:META Meta Platforms stock jumped this year after the tech giant's first-quarter earnings beat Wall Street's expectations. CEO Mark Zuckerberg also touted the tech giant's AI plans, and pledged to keep costs low as the owner of Facebook, WhatsApp and Instragram continues its "year of efficiency." In a post-earnings call, Mark Zuckerberg hailed the company's AI efforts and vowed to keep a lid on spending. The Meta founder and CEO said AI recommendations had led to people spending over 24% more time on Instagram since it launched TikTok rival Reels. 🥉 The 3rd place - Tesla Incorporation, 120.88% YTD return NASDAQ:TSLA Tesla's stock price has been rallying non-stop for months - and Wall Street is starting to ponder whether that breakneck surge might've made the EV stock a little overvalued. Shares have jumped 57% since late April, with investors cheered by CEO Elon Musk signing charging deals with Ford and GM, while Big Tech stocks have also soared more broadly thanks to the rise of AI as an investment theme. The stock just has settled its best two-quarter advance since 2020. But Barclays, Morgan Stanley, and Goldman Sachs have each questioned that valuation over the past two weeks, with all three banks slashing their Tesla rating from "buy" to "hold". Unprecedented dominance It's historically rare for a handful of stocks from the same sector to make up such a large part of the S&P500 ( SP:SPX ). The last time the five biggest companies by valuation accounted for a quarter of the index's total market cap was indeed the 1960s.
NASDAQ:NDX
by Pandorra
2
NASDAQ Hit the ATH but has one more push to give.Nasdaq (US100) hit yesterday the 16772 All Time High (ATH) level, reaching in the process our 16680 short-term target as shown on our December 11 call (see chart below): The dominant pattern on the 4H time-frame is a Channel Up and the price is trading on its middle. As long as the 4H MA50 (blue trend-line) supports, any pull-back is a buy opportunity for at least one more push marginally above the 5.0 Fibonacci extension, as it happened on the November 14 pump. Our target is 17300. ------------------------------------------------------------------------------- ** 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 Breaking highs! Entryy??It looks like NQ should break the weekly highs here and it should be looking backwards be a strong push ahead but because of the current market conditions this could simply be a liquidity grab before going back downwards especially if interest rates are raised next quarter. Would I swing here for the long run? Absolutely not! Wait for some kind of a confirmation for long term entries. Super risky to hold if you're up. At least take partials if you are. Day traders and short term swing traders should in my opinion, have a bullish bias to start this week and look for bullish entries if given any retracement + entry signals according to your strategies. That's what I see, what do you guys think? (Reason for current bullish move: Ease on interest rates, declining USD and golden zone fib retracement, "historically" showing upwards momentum after so there should be many buyers in the market.)
N
by xxlvision
All time highs on NDX expected After holding a Optimal trade entry on the monthly chart - expect All time highs on NDX with higher target above in a few years. It will not be in 1 shot - but its something to keep in mind. We will need to take it day by day, month by month, quarter to quarter and take seasonalities into account. Expect some type of pullback at some point- but will evaluate important levels to accumulate when possible to continue working toward the targets. Personally i day trade so will grab pieces of the pie day by day.
NASDAQ:NDXLong
by DevilsIslandBoy
NASDAQ One opportunity to target 17300Nasdaq is trading inside a Channel Up. The current Rising Wedge which is dring the price on the current bullish leg resembles that of October 27th - November 7th. Trading Plan: 1. Buy on the current market price. 2. Sell below the MA50 (4h). Targets: 1. 17300 (the 1.382 Fibonacci extension which was the target top of the mid November rise). 2. 15700 (Support 1). Tips: 1. The MACD (4h) sequences among the two bullish legs are identical, confirming the bullish sentiment towards the 1.618 Fibonacci. Please like, follow and comment!!
CAPITALCOM:US100Long
by TradingBrokersView
US100 ~ Ho Ho Santa Rally or EOY Bah Humbug Bust? (4H)CAPITALCOM:US100 chart mapping/analysis. Nasdaq 100 consolidating into key macro economic news, much like S&P 500. Trading scenarios into EOY: Bullish reaction to macro economic news = break above ~16167 trading range (yellow dashed) towards ascending trend-line (green) / red box confluence zone. Bullish extension target(s) = new historical highs surpassing ~16770 November 2021 high. Bearish reaction to macro economic news = break below ~15690 trading range (yellow dashed) + descending trend-line (light blue) towards 78.6% Fib / 200SMA dynamic support confluence zone. Bearish extension target(s) = descending trend-line (white dotted) / ascending trend-line (green) / Golden Pocket confluence zone.
CAPITALCOM:US100
by BlueHatInvestor
NASDAQ: Channel Up soon to test the ATH.Nasdaq is almost overbought again on the 1D technical outlook (RSI = 69.937, MACD = 245.100, ADX = 36.889) but that shouldn't affect it much as it is trading on the lower band of the November Channel Up. Leg 1 of the bullish sequence that made the Nov 15th HH extended to the 2.382 Fibonacci level. As the 1D RSI is identical to that Leg and shows that we are roughly halfway there, we remain bullish aiming again at the 2.382 Fib extension (TP = 16,840) which is marginally over the All Time High of 16,780. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US100Long
by InvestingScope
NASDAQ Last obstacle before a Christmas rally.Nasdaq (NDX) completed the short-term pull-back we called on our latest November 29 analysis (see chart below), hitting our 15750 target and then rebounding: This rebound can seasonally be the start of the end-of-the-year rally, which the market calls 'Santa' or 'Christmas' rally. However, one last Resistance level remains before it is confirmed and that is the top (Lower Highs trend-line) of the (blue) Channel Up, which happens to also be synched with the Lower Highs trend-line of the 4H RSI. If the index closes a 4H candle above it, we will buy and aim for a +6.34% rally (from the bottom), which has been the minimum bullish sequence since June, and target 16680 (Resistance 1), which is the December 28 2021 High, essentially the first Lower High of the 2022 Bear Cycle. A notch higher on that rally, the index can even test the 16770 All Time High. On the other hand, if Nasdaq breaks below the bottom (Lower Lows trend-line) of the Channel Down first, most likely will have made contact with the 4H MA200 (orange trend-line) by then, we will sell instead and target 14900 (-7.60% from the Lower High, which is the minimum short-term decline since June). ------------------------------------------------------------------------------- ** 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