Get started

Nq100

Technical analysis update: NQ1! (14th June 2021)NQ1! reached 14000 points and our previous medium term price target. Technicals remain bullish. Therefore we would like to update our medium term price target to 14200 points. Previous developements from 2nd June 2021: Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
CME_MINI:NQ1!Long
by Tradersweekly
Technical analysis update: NQ1! (2nd June 2021)Recently some of our readers requested analysis of indices. Because of that we prepared simple and concise analysis of continuous futures contract NQ1!. Technicals such as MACD, RSI and Stochastics are all bullish. However, resistance sits at 13900.50 points and current trend is very weak which is reflected in low ADX value. Though, we think there is still strong upside potential for NQ1! until the end of 2021. In addition to that we think that breakout above support level is very likely and that it will further bolster bullish case for NQ1!. Because of that we would like to update our medium term price target for NQ1! to 14000 points. Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
CME_MINI:NQ1!Long
by Tradersweekly
4
#NASDAQ NQ100 showing plenty of divergenceThe weekly chart of the Nasdaq 100 is representing classical bearish divergence (Higher highs in price not being confirmed by lower highs in the RSI indicator). This is telling me that momentum is slowing and we could expect a rapid decline in price at any moment. As this is a weekly chart, it can take some time but this is just a warning and I would strongly advise against chasing the Tech stocks while the divergence situation is evidently president.
CME_MINI:NQ1!Short
by MarcoOlevano
5
2021 May 31 NAS100USD (Intraday) NAS100 2021 May 31 NAS100USD (Intraday) Weekly = Bullish | Daily = TBC | H4 = Bullish Per last week's analysis, scenario 1 happened. Price returned to test 13396 - 13425. Hope you had profited from the long opportunity. Market currently in rotation (grey box) just below a previous resistance, volume is low. Scenario: 1) Supply pauses or reverses the uptrend 2) Market is building up to continue its uptrend 3) If market breaks the rotation, trades can be taken when price returns to test. (applies to both break out upward / downward) Remember to like and follow if you find this useful : ) Have a profitable trading week ahead.
OANDA:NAS100USD
by paradox677
NQ1!, Neutral-Bullish Bias, Primed for a Directional MoveThe market remains in a clear uptrend but the buy side progress is stalling. The last week consolidation, in a narrow range, suggests a directional move is coming. The action is interrupted by a US Holiday on Monday. The price may continue to grind through the above consolidation area aiming to reach the all time high or make a move to retest the main trend line. The second scenario would be more lucrative for traders. The next week is a short trading week but Friday brings the NFP report. A volatility spike may help either side to reach their target. 05/29/2021
CME_MINI:NQ1!
by SviCapital
The End Seems NearDivergence on the RSI 4 times! Usually after 3 there's no going back but sometimes with things like Bitcoin or apparently the Nasdaq, you can have more because of the FOMO. We hit the 2.5-2.618 fib extension from the prior wave I cycle as shown. I'm thinking we enter a complex wave 4 of larger cycle degree soon. It's gonna be nasty and a lot of tech companies are gonna go bust. But the bad money needs to be cleansed and the free market needs to decide who is allowed to stay in the game. I'm looking for a 40-60% pullback. We will enter a bear market for the next year or two if this happens. I think we're nearly there. I need a further breakdown of the RSI to confirm it, but if we keep selling off this week and it accelerates, remember this chart.
CME_MINI:NQ1!Short
by MonetaryRebel
NQ1!, The Price is JammedThe market is in the correction mode. The recent bear flag is intact. A new leg down is expected for the pattern to succeed. Buyers need a motivation to create a strong moment to slice through 20 MA. The first test found responsive sellers. The month end is approaching and the Memorial Holiday may lift the buyers spirit to make the move. The sell side sees the 200 MA as a magnet. It is a clear objective. The current location suggests a choppy 2-sided activity within the bear flag. 05/23/2021
CME_MINI:NQ1!
by SviCapital
NASDAQ Price Action Sends a ClueThe tech-heavy NASDAQ 100 E-Mini futures contract (NQ) hit a high of 4,884 in March 2000, nearly four years after Fed Chairman Alan Greenspan said that there was “irrational exuberance” in the internet stocks. By October 2002, the index fell to 797.50 as the tech sector bubble burst. The best-performing index in 2020 The pandemic accelerated technology’s role The leading tech companies face regulatory headwinds A bearish cocktail of rising taxes and inflation The risk of a significant correction remains high It took the NASDAQ over sixteen years to climb back to the March 2020 high. Since then, the rise has been meteoric, with the index reaching its most recent peak on April 29, 2021, at the 14,064 level. Since the late April peak, the index has made lower highs and lower lows, which is never a good technical sign for a market. The NASDAQ was the place to be in 2020 as the index exploded higher on a year-on-year basis. However, the best performing sector during one period often becomes the worst or lags during the following periods. The tech sector faces more than a few challenges as we move towards the second half of 2021. The best-performing index in 2020 The E-Mini NASDAQ 100 rose from 8,752.25 on December 31, 2019, to 12,885.50 on December 31, 2020, an over 47% gain. The rise from the March 2020 pandemic inspired low at 6,628.75 was even more impressive at more than 94%. The chart shows that at the most recent 14,064 late April high, the contract was up over 9% for 2021. At the 13,387 level at the end of last week, the gain was around the 3.9% level. The NASDAQ was the best performing stock market index in 2020. The DJIA gained 7.25% last year while the S&P 500 moved 16.3% higher. The over 40% gain left the other stock market benchmarks in the dust. Meanwhile, COVID-19 set the stage for incredible gains in technology stocks. The pandemic accelerated technology’s role The worst worldwide pandemic since the 1918 Spanish Flu caused a dramatic change in human behavior. Government-mandated shutdowns and social distancing guidelines made society worldwide highly dependent on technology for communication, shopping, work, entertainment, and the aspects of daily life. As the economy suffered, central bank monetary policy and government fiscal stimulus provided stability to the financial system. The demand for technology in 2020 caused earnings to soar and hastened the decline of retail businesses. The leading technology companies rose to new all-time highs, with earnings reports far-exceeding even the most bullish analyst expectations. However, as the pandemic fades into the market’s rearview mirror, technology companies could find themselves victims of their success, which has spotlighted the wealth and dominance by the companies, their founders and CEOs, and key employees. The leading tech companies face regulatory headwinds During the 2020 Presidential campaign’s primary for the Democrats, the party’s progressive wing took a position that billionaires should not exist. The torch carrier for progressives, Vermont Senator Bernie Sanders, said just that during the primaries. Massachusetts Senator Elizabeth Warren said that the US system provides the most successful people the ability to amass incredible wealth. President Joe Biden’s administration has taken a far more progressive approach to governing than even Senators Sanders and Warren had expected. The administration and Congress, along with the Republican opposition, have expressed more than a few concerns about the dominant position that market caps near or over the trillion-dollar level affords the technology leaders like Apple (AAPL), Microsoft (MSFT), Alphabet (GOOG), Amazon (AMZN), Facebook (FB), and other top social media companies. Technology companies are global, the potential for increased regulations that puts a leash on the dominance that interferes with competition could weigh on earnings over the coming months and years. The EU and US legislators seem to be in lockstep in wanting to control the growing power of these technology companies with regulations. A bearish cocktail of rising taxes and inflation Senators Sanders and Warren have proposed an annual wealth tax with little chance of passage through the US Senate. However, President Biden will increase corporate and individual tax rates. He is looking to boost the capital gains rate for the wealthiest Americans, making over $1 million per year, to 43.4%. With state and local tax rates, that would boost capital gains to well over 50%. Moreover, the administration has been making noises about lowering the threshold for inheritance taxes and eliminating step-up valuation practices. And, savings in retirement plans could push many into higher tax brackets. The President pledged he would not increase taxes on those who make under $400,000 per year, but we could see stock holdings and inflationary pressures push gross incomes over that level. The substantial gains in technology stocks put a bullseye on the shares in a rising tax environment. We could see shareholders forced to sell significant percentages of their holdings to pay inheritance and other taxes. Over the past years, the path of least resistance of the stock market has been higher thanks to natural buying each day from tax-protected IRA, 401K, SEP, and other accounts. As taxes rise, we could see natural buying turn to natural selling, pushing stocks lower. Meanwhile, commodity prices have been rising, and interest rates further out along the yield curve have increased over the past year. In May alone, copper, palladium, and lumber prices reached all-time highs. Grain prices recently rose to the highest levels since 2012-2013. The latest April CPI data came in at 0.8% compared to forecasts at 0.2%. Increasing inflationary pressures could cause the Fed to begin to taper asset purchases and increase the short-term Fed Funds rate over the coming months. Rising interest rates are typically bearish for the stock market as higher fixed-income yields attract capital that has been flowing into stocks. The risk of a significant correction remains high The NASDAQ remains at a lofty level, even after the latest correction since April 29. The pattern of lower highs and lower lows could be a harbinger of a coming correction. With a regulatory bullseye on its back, rising taxes, and inflationary pressures, the technology sector could become the leader on the downside over the coming months as it had been the leader on the upside in 2020. Moreover, the market has become accustomed to earnings levels that could be unsustainable in the post-pandemic era. After being cooped up for more than a year, people are venturing out and returning to the workplace, which could cause a decline in the dependence on technology. Four years after Alan Greenspan called the rise in technology stocks “irrational exuberance,” the market collapsed. It took sixteen years for it to recover to a higher high. It may not be a question of if a severe correction in the technology sector happens, but when it will occur. Be careful out there. Markets reflect the political and economic landscapes, which are problematic for the tech sector. Read more articles using the link below. Trading advice given in this communication, if any, is based on information taken from trades and statistical services and other sources that we believe are reliable. The author does not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects the author’s good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice the author provides will result in profitable trades. There is risk of loss in all futures and options trading.
CME_MINI:NQ1!Short
by Andy_Hecht
1
STOCKS - NDX - Q2Q2 Idea for Nasdaq 100: - Lines of Least Resistance established for NDX. We expect a drop, but a rise for the first half of the quarter is not out of the question. - We are still bearish overall. - Potential energy is a type of energy that is "hidden" in some way. It is a type of energy that can be converted to other forms and often is related to some attractive or pushing forces. Attached is some previous Fundamental Analysis and related ideas. GLHF, DPT Disclaimer: We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
TVC:NDQ
by UnknownUnicorn1043646
2
NASDAQ 100 (US100) – Week 18 – Worst day since March.The Nasdaq fell more than 2% on Tuesday after Treasury Secretary Janet Yellen said Tuesday morning that interest rates in the U.S. might need to rise in order to prevent an economic overheating during the pandemic recovery. Rising rates would affect the valuations of growth companies, and many investors have been worried that an easing of monetary policy could freeze the stock market's recent run-up to record highs. Highly valued technology companies such as Microsoft Corp (MSFT), Alphabet Inc (GOOGL), Tesla (TSLA), Apple Inc (AAPL), Amazon.com Inc (AMZN), and Facebook Inc (FB) dropped between 2.3% and 4.2%. In our previous analysis, we correctly forecasted the bearish move that took place. In the coming days, we are expecting two scenarios to unfold: 1. Blue arrow scenario: Expecting the price to slowly keep rising, make a small correction and regain bullish momentum towards a new record high. 2. Orange arrow scenario: The price will consolidate towards the resistance area, before making another attempt to break the previous low and hit our support level target. Keep an eye on Friday’s US NFP & Unemployment rate data numbers as they could play a crucial role in regards to our next move. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
ULong
by financialflagship
16
NAS100USD 2021 May 10 Week (Intraday) OANDA:NAS100USD NAS100USD 2021 May 10 Week (Intraday) Weekly = Bullish | Daily = Bearish | H4, H3, H1 = Bullish Last week critical support 13735 was broken and short was good. Price then returned to 13735 to test for supply. Bar A ultra high volume up bar is a sign of weakness. Will prefer to keep to short trades, unless we are proven otherwise that Bar A is indeed absorption of supply. Immediate Resistance = 13834 Immediate Support = 13628 Like and follow if you find this useful : ) Have a safe and profitable trading week!
OANDA:NAS100USD
by paradox677
NAS100USD 2021 Apr 26 Week (Intraday)OANDA:NAS100USD NAS100USD 2021 Apr 26 Week (Intraday) Nasdaq has now entered price rotation. Critical support = 13735 Immediate Resistance = 14068 Last bar tells us that supply has come in. It may again target 13735 - 13777 Since market is in rotation, trade entries will be at the boundary of the range. Additional scenario planning 1) If critical support 13735 is broken and price comes back to test and is rejected, will do a support turned resistance short. Like and follow if you find this useful : ) Have a safe and profitable trading week!
OANDA:NAS100USD
by paradox677