Nasdaq Thoughts 06-Aug-2024Hello all, Kindly see my NASDAQ thoughts for today. These videos are aimed at making you compare charts with mine if you are a price acton trader and use my thoughts to improve your skill. They are not meant as signals even if they seem like they are. I want you to learn and be great
Us100
Bearish reversal?NAS100 is rising towards the resistance level which is a pullback resistance that is slightly above the 38.2% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 18,292.33
Why we like it:
There is a pullback resistance level which is slightly above the 38.2% Fibonacci retracement.
Stop loss: 18,736.57
Why we like it:
There is a pullback resistance that aligns with the 61.88% Fibonacci retracement.
Take profit: 17,445.52
Why we like it:
There is a pullback support.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
NASDAQ erased 3 months of gains. Is this a Bear Market?In early E.U. session today the Nasdaq futures (US100) reached a level that was last seen on April 25, essentially erasing market gains of more than 3 months! By doing so, it hit the 1W MA50 (blue trend-line) for the first time since the week of March 13 2023 (almost 17 months).
That is the strongest long-term Support for the index and technically what potentially separates a long-term rally from a long-term correction phase. What matters here is the 1W candle closing. As long as the weekly candles close above the 1W MA50, the long-term bullish trend is maintained.
Last time the index closed a week below the 1W MA50 was on January 17 2022, it extended the bleeding to the 1W MA100 (green trend-line). What confirmed the new Bear Cycle was the failure to close a 1W candle again above the 1W MA50, even though it broke 4 times (January 31 - April 04 2022).
Since Nasdaq's long-term pattern remains a Channel Up anyway (since the October 10 2022 market bottom), if it holds and keeps closing above the 1W MA50, we expect a new +47% Bullish Leg (the previous two have been +48% and +49% respectively), which gives a long-term Target at 25400.
If however the index closes below the 1W MA50, we expect at least a 1W MA100 test, giving a rough Sell Target at 15500 (could be a little higher though). Further selling and a potential new Bear Cycle, will be confirmed only by a failure to recover and close above the 1W MA50 again.
-------------------------------------------------------------------------------
** 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. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
US100 Outlook ICT ConceptsUS100 Analysis
💰 Welcome to Your Channel!
Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on US100, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains.
💡Previous Analysis Review:
In our prior analysis, we forecasted a price retracement to the upside. This expectation was realized, as the price indeed experienced a movement higher.
📍Current Market Overview:
At present, the price has swept both the previous week’s low and the previous month’s low. These levels are crucial as they represent key sell-side liquidity areas.
🔍 Identifying Key Levels for Long Scenarios
In addition to the fair value gap, there are other critical levels to consider for potential long scenarios, including:
• Buy-Side Liquidity (BSL): A level where buying interest may consolidate.
• Previous Week High: A historical resistance level that could serve as support during a retracement.
• Volume Imbalance (VI): Areas on the chart where significant volume was traded, often leading to price adjustments.
• Daily Fair Value Gap (FVG): Larger time frame imbalances that can influence trading strategy.
📉 Key Considerations
There exists additional sell-side liquidity just below the current price on the chart. This could potentially draw the market’s attention, prompting a move toward these levels. However, it’s important to note that the probability of such a move is somewhat diminished after the substantial downward trend that we have witnessed.
📈 Bullish Scenario
Current conditions suggest potential long scenarios supported by a fair value gap on the four-hour chart, with upward expansion possible. However, due to the impending NFP news, we will not engage in trades today, but if price moves upward, we will target key levels including BSL, PWH, VI, and FVG. We recommend using lower time frames for more precise entry opportunities.
📉 Bearish Scenario
For any potential short scenarios, we require a retracement back to higher levels. This could involve targeting lower time frame levels of resistance or buy-side liquidity that can be taken out before executing a sell. After this maneuver, we would then focus on targeting the sell-side liquidity present on the chart.
📊 Chart Analysis Summary
We observed the anticipated retracement in price and noted significant sell-side liquidity levels being tested. Current conditions suggest potential long scenarios, supported by a fair value gap on the four-hour chart along with other key levels, though the likelihood of downward sell opportunities below the chart appears reduced after recent price movements.
🙏 Thank you for joining us!
Exploring US100 today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning!
⚠️ Disclaimer
The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
NAS100 Technical Analysis and Trade Idea US100 👉🔍 Looking at this NAS100 chart, we can clearly see that the price has broken a 4-hour downtrend. There is a noticeable break in market structure to the upside, followed by a significant rally with the US100. It has now reached a resistance level, and I'm anticipating a retracement back down into the 50% to 61.8% Fibonacci levels, where I'll be looking for a NASDAQ potential buy opportunity if the price action described in the video unfolds.
It's important to note that these observations are speculative and not a definitive forecast. Confirming specific price movements is crucial before making any buying or selling decisions, as explained in the video. The video provides a comprehensive analysis of the current trend, market structure, and price dynamics. Remember, this educational content is designed to enhance understanding and does not guarantee outcomes. Trading inherently involves substantial risks, so employing robust risk management techniques is essential. 📈🔔
NASDAQ Thoughts 02-AUG-2024Hello all, Kindly see my NASDAQ thoughts for today. These videos are aimed at making you compare charts with mine if you are a price acton trader and use my thoughts to improve your skill. They are not meant as signals even if they seem like they are. I want you to learn and be great
US500, NASDAQ at KEY level The price is currently at a key level, testing both support and the trendline.
1. Bearish Scenario (Breakdown):
- If the price breaks below the support level, it may indicate the beginning of an ABC correction in the Elliott Wave pattern.
- Action: Open a SHORT position with a smaller lot size.
- If the price then retests the broken support (now acting as resistance), you should open another SHORT position with a larger lot size.
- Target Levels: The price could initially drop to 5300 and potentially further to 4930.
2. Bullish Scenario (Support Holds):
- If the support holds and you observe bullish price action (e.g., long needles at the bottom of the candles), open a LONG position.
- Action: If the price forms a higher high and a higher low, or breaks above the resistance at 5560 and retests it, you can add to your LONG position.
Fundamental:
Recently, a technology crisis impacted Microsoft and several other companies' stocks. However, it appears that they have managed the situation effectively, suggesting a potential price increase. Despite this, the Volatility Index (VIX) keeps increasing, indicating persistent fear among investors. As a result, there is an equal 50/50 chance of prices moving either up or down.
NASDAQ SHORT 1500+ pips (UPDATE....FLOATING 700+ PIPS IN PROFIT)Good evening gents so today has been EXCELLENT. My previous analysis that was posted on JULY 29th has gone perfectly. During NEW YORK session today at 16:00pm (south African time), market gave us a beautiful drop out of our POI DAILY SIBI....We are now currently running 700+ pips in profit! If you were one of the viewers to see my previous post, give me a heads up if you got in on this trade. COMMENTS ON THIS POST IS MUCH APPRECIATED.
BUY NDX100 US100🚀 Trade Alert: US100 (NASDAQ-100) 🚀
🔍 Entry Price Range: 19000 - 19060
🎯 Target Price: 19500
💼 Professional Recommendation:
We are excited to present a strategic buying opportunity in the US100 (NASDAQ-100) with an entry range of 19000 to 19060. Our target price is set at 19500, reflecting our confidence in the potential upside.
📈 Why This Trade?
🔎 Market Insight: Robust technical signals and a favorable economic outlook suggest strong upward momentum for NASDAQ-100.
📊 Risk-Reward Ratio: A clear entry range and defined target price provide an attractive risk-reward profile.
📈 Potential Gains: Achieving our target price of 19500 could result in significant gains, making this a compelling opportunity.
🛠️ Trade Execution:
🔹 Entry: Place buy orders within the range of 19000 - 19060.
🔹 Target: Aim to secure profits at the target price of 19500.
⚠️ Disclaimer: This alert is intended for informational purposes and should not be considered financial advice. Please perform your due diligence and consult with a financial advisor before executing trades.
🌟 Stay Ahead of the Market!
US100After the price reaches the specified level,
if you see the Bearish hammer candle in the one-hour ( SHORT POSITION),
and if the desired level is broken, after the pullback buy.
Consider your risk management before entering a trade.
This analysis is for informational purposes only and does not constitute investment advice.
All consequences of using this signal are at your own risk.
Nasdaq Thoughts 01-Aug-2024Happy New Month Everyone! Please find my NASDAQ market analysis for today below. As a price action trader, I encourage you to compare my charts with yours and use my insights to enhance your skills. These videos are designed for educational purposes only, not as trading signals. My goal is to help you grow and become a proficient trader.
us100 Best time to long indicehi
CAPITALCOM:US100
Long near Best support !
This year it surpass the Life time High.
Us Election Could lead to side ways, but its Destined to up side as Observed.
thnks
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
NASDAQ Bullish reversal possible while holding the 1D MA100.Nasdaq (NDX) failed to hold the short-term Channel Up as it broke below the 1D MA50 (blue trend-line). However the long-term Channel Up that started after the October 26 2023 bottom has now assumed control as the index found support on its 1D MA100 (green trend-line), which is right on the pattern's bottom (Higher Lows trend-line).
This is technically the 3rd bottom formation within this 8-month span and the two Bullish Legs that followed registered rises within the 21% - 22% range. Notice also that the 1D RSI almost hit 30.00 and rebounded, which is consistent with the April 19 2024 and October 26 2023 bottoms.
As a result, our current Target on Nasdaq is 22500 (+20% rise from the new Higher 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. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Nasdaq thoughts 30-JUL-2024Hello all, Kindly see my NASDAQ thoughts for today. These videos are aimed at making you compare charts with mine if you are a price acton trader and use my thoughts to improve your skill. They are not meant as signals even if they seem like they are. I want you to learn and be great
NASDAQ (US100) - Long active !!Hello traders!
‼️ This is my perspective on US100.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I expect bullish price action continuation after price filled the imbalance and rejected from bullish order block. My target is imbalance higher around 19700.
Like, comment and subscribe to be in touch with my content!
US 100 Nasdaq is back at the buy zones. SKILLING:US100
- After the spike of 19,088.7 it went up bouncing on the trendline upside.
It is now approaching the 19,090,8 zone.
- It might go above that zone of 19,190.8 and bounce again to reach
19,481.7 trendline from below.
- If it breaks that trendline then the next stop is 19,924.4.
- If it fails to break then it will creat a head to below which is 19,190.8.
Nasdaq100
NAS100 US100 NASDAQ - LONGHi guys!
After the crazy political events (Biden resignation, Trump win odds around 60% - Kamala 30-35%) - The NASDAQ has reached my levels of interest for LONGS.
Area I marked on the chart is the first point I started building the long position .
I want a nice swing position for a 2% move up minimum (50% FVG) with a chance to reach All time highs supply area possibly .
Please note:
- Alphabet (GOOGLE) and Tesla (TSLA) earnings report on Tuesday after session,
- Observe the political stage and the odds.
US100 Outlook ICT ConceptsUS 100 Analysis
💰 Welcome to Your Channel!
Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on US100, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains.
💡Previous Analysis Review:
In the previous analysis, we anticipated a sell-off from the all-time high (ATH). The price movement extended much lower than expected, surpassing various key levels.
📍Current Market Overview:
Currently, the price is around 19,044.3. The price has swept several key levels, including the previous week low, equal lows, and sell-side liquidity (SSL). There is now a noticeable reaction to the daily fair value gap (FVG).
🔍 Identifying Key Levels:
The chart highlights several significant levels and zones influencing the current market behavior:
• ATH: All-Time High
• PWH: Previous Week High
• PWL: Previous Week Low
• BSL: Buy-Side Liquidity
• SSL: Sell-Side Liquidity
• EQL: Equal Lows
• Daily FVG: Daily Fair Value Gap, highlighting areas of imbalance on the daily timeframe
📊 Key Considerations:
• Current Price Position: The price is trading around 19,044.3, reacting to the daily FVG.
• Key Levels Swept: The price has swept the previous week low, equal lows, and SSL, indicating potential for a bullish reversal.
• Daily FVG Reaction: The price is reacting to the daily FVG, often acting as a support zone.
📈 Bullish Scenario:
Given the current price action and key considerations, a bullish scenario is possible if the following conditions are met:
• Retracement to Premium Level: We can expect a retracement back up into a premium level (above 50%) after sweeping key levels.
• Continuation of Reaction to Daily FVG: The reaction to the daily FVG suggests potential for a move higher.
📉 Bearish Scenario:
A bearish scenario should be considered if the following conditions are met:
• Failure to Hold Above Daily FVG: If the price fails to hold above the daily FVG and starts to decline, further bearish movement is likely.
• Break Below Recent Lows: If the price breaks below the recent lows, it could signal a continuation of the downtrend.
📊 Chart Analysis Summary:
Bullish Expectation: The expectation is for the price to potentially retrace back up into a premium level (above 50%) after sweeping key levels and reacting to the daily FVG.
Bearish Expectation: If the price fails to hold above the daily FVG and breaks below the recent lows, further bearish movement is anticipated.
🙏 Thank you for joining us!
Exploring US100 today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning!
⚠️ Disclaimer
The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
Nasdaq Thoughts 26-07-2024Hello all, Kindly see my NASDAQ thoughts for today. These videos are aimed at making you compare charts with mine if you are a price acton trader and use my thoughts to improve your skill. They are not meant as signals even if they seem like they are. I want you to learn and be great
NASDAQ THOUGHTS 25-07-2024Please find my NASDAQ market analysis for today below. As a price action trader, I encourage you to compare my charts with yours and use my insights to enhance your skills. These videos are designed for educational purposes only, not as trading signals. My goal is to help you grow and become a proficient trader.
Nasdaq thoughts 24-07-2024Please find my NASDAQ market analysis for today below. As a price action trader, I encourage you to compare my charts with yours and use my insights to enhance your skills. These videos are designed for educational purposes only, not as trading signals. My goal is to help you grow and become a proficient trader.