NASDAQ 100 TREND AND WAVE ANALYSISBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer
This is just idea, not trading advice, use at own risk.
reasons:
It is recommended to buy in this price limit
It is mandatory to pay attention to the stop loss and the target marked on the chart
Do not be greedy and adhere to the specified principles. I hope you will be profitable
Note that there is no 100% analysis and it is possible to stop flirting
This is a personal analysis and you should not enter into a transaction without review
If you know this, make a purchase
Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction.
High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking.
This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
Usmarket
SPX WAVE AND TREND ANALYSISBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer
This is just idea, not trading advice, use at own risk.
reasons:
It is recommended to buy in this price limit
It is mandatory to pay attention to the stop loss and the target marked on the chart
Do not be greedy and adhere to the specified principles. I hope you will be profitable
Note that there is no 100% analysis and it is possible to stop flirting
This is a personal analysis and you should not enter into a transaction without review
If you know this, make a purchase
Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction.
High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking.
This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
NASDAQ INDEX TREND AND WAVE ANALYSISBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer
This is just idea, not trading advice, use at own risk.
reasons:
It is recommended to buy in this price limit
It is mandatory to pay attention to the stop loss and the target marked on the chart
Do not be greedy and adhere to the specified principles. I hope you will be profitable
Note that there is no 100% analysis and it is possible to stop flirting
This is a personal analysis and you should not enter into a transaction without review
If you know this, make a purchase
Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction.
High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking.
This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
PEPSICO TREND AND WAVE ANALYSISBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer
This is just idea, not trading advice, use at own risk.
reasons:
It is recommended to buy in this price limit
It is mandatory to pay attention to the stop loss and the target marked on the chart
Do not be greedy and adhere to the specified principles. I hope you will be profitable
Note that there is no 100% analysis and it is possible to stop flirting
This is a personal analysis and you should not enter into a transaction without review
If you know this, make a purchase
Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction.
High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking.
This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
NIKE WAVE AND TREND ANALYSISBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer
This is just idea, not trading advice, use at own risk.
reasons:
It is recommended to buy in this price limit
It is mandatory to pay attention to the stop loss and the target marked on the chart
Do not be greedy and adhere to the specified principles. I hope you will be profitable
Note that there is no 100% analysis and it is possible to stop flirting
This is a personal analysis and you should not enter into a transaction without review
If you know this, make a purchase
Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction.
High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking.
This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
TMUS TREND AND WAVE ANALYSISBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer
This is just idea, not trading advice, use at own risk.
reasons:
It is recommended to buy in this price limit
It is mandatory to pay attention to the stop loss and the target marked on the chart
Do not be greedy and adhere to the specified principles. I hope you will be profitable
Note that there is no 100% analysis and it is possible to stop flirting
This is a personal analysis and you should not enter into a transaction without review
If you know this, make a purchase
Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction.
High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking.
This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
US Market Bullish Continuation?The S&P continued to display plenty of volatility last week, where we saw a strong
move to the downside, breaking through significant levels of support.
Price did appear as though it was going to continue its descent, but the buyers were
able to reverse the direction of the move, ending Friday with a big bullish candle
on the daily timeframe.
The 50 simple moving average, which held as support over the past few weeks,
couldn’t take the weight of price and this support level failed.
However, looking at the reversal candle last week, which closed with a bullish body,
we may well see a push back above the 50 simple moving average.
As there is a lot of volatility in the markets, it is hard to be sure if the bull trend will
resume or whether the bears will take over, so we will continue to stand aside and
preserve our capital.
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
Dow Jones Industrial Average index trading ideasThe DJI has been moving sideways since September 2021, recently the Russian-Ukraine conflict occurred and the price went down and broke the support zone (33700 - 34000) but soon the price bounced back showing one of the best Bullish candlestick patterns ever, especially when it happens in a support zone.
For me, this is how I would trade the US stock market based on this market behavior ... as long as the price is moving in the sideways zone shown in figure (34000 - 36500) I would be in a "Buy Low Sell High" mentality. As soon as the price breaks the 36500 zones to the upside and retests I would change the trading mentality into "Buying high Selling Higher" and start following trends in the market.
US Market Technicals Ahead (8 November – 12 November 2021)Investors are to take note of the end of Daylight Saving Time (DST) that will effectively have the US exchanges open at an hour later, depending on your time zone starting today.
$SPX is currently closed at 200% ATR(14) away from its 10 days moving average, the first time since September 2020. Data on inflation will be the highlight of the U.S. economic calendar in the week ahead as investors continue to digest the Fed’s decision to begin tapering stimulus measures, marking the beginning of less accommodative monetary policy.
Earnings season is winding down, but there are still several companies set to report during the week. China’s Communist Party looks set to green-light a third term for President Xi Jinping.
Here’s what you need to know in the coming week.
Market Technicals
The benchmark index $SPX continues its high octane rally with a fresh new high established at 4,718 level, gaining +2.00% (+92.15 points) during the week.
$SPX is currently closed at 200% ATR away from its 10 days moving average, the first time since September 2020.
The immediate support to watch for $SPX this week is at 4,660 level, a break of its short term uptrend momentum.
Inflation data
Data on producer price inflation for October is scheduled for release on Tuesday, followed a day later by figures on consumer price inflation.
The CPI numbers are expected to hit their highest levels so far post-pandemic, with economists forecasting an increase of 0.6% month-on-month and 5.8% year-on-year. Core inflation, which excludes food and energy costs, is expected to rise by an annualized 4.3%.
At its latest meeting the Fed stuck to the view that high inflation would prove “transitory” and is not likely to require a rapid increase in interest rates, prompting investors to call it a “dovish taper.”
While the central bank has so far managed to communicate plans to begin scaling back its monthly bond purchases without triggering a taper tantrum, elevated inflation figures that fuel rate hike speculation could change that.
Earnings
Better-than-expected third-quarter earnings have boosted equities and Wall Street’s main indexes closed at record highs on Friday following a strong U.S. jobs report and positive data for Pfizer’s ($PFE) experimental antiviral pill for COVID-19.
Companies reporting in the coming week include entertainment company Walt Disney ($DIS), drugmakers AstraZeneca ($AZN) and BioNTech ($BNTX) along with Softbank ($SFTBY), PayPal ($PYPL), Coinbase ($COIN) and AMC Entertainment ($AMC),
China
The top leaders of the Chinese Communist Party are set to meet in Beijing from Monday through Thursday, where the decision-making Central Committee could give the go-ahead for an unprecedented third term for President Xi Jinping.
The meeting comes at a time when growth in the world’s second largest economy is faltering amid stringent measures to curb virus outbreaks, a clampdown on the property market, energy shortages and disrupted supply chains.
Data on Sunday showed that Chinese exports slowed in October, but still beat forecasts while imports fell short of forecasts, pointing to continued weakness in domestic demand.
FB / META making a come back?+ FB bounce back above 200MA (yellow line)
+MACD crossed up (although below zero line)
+ currently sitting at 20MA (red line)
+ hammer alike candle
immediate resistance at $340 (gap resistance)
Next R $350 ( 50&100MA)
SL if $320 violates.
_Please be informed that our analysis is based on historical DATA to predict/forecast upcoming movement, our bias may change due to market conditions. _
Disclaimer:
Please be informed that above analysis are solely for education purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
You are responsible for your own risk management Do Your Own Due Diligence
US Market Technicals Ahead (1 November – 5 November 2021)With major U.S. indices – S&P 500 $SPX, NASDAQ Composite $NDX, and Dow Jones Industrial Average $DJI – all at all-time high closes, market optimism will be tested from all sides this week, as a slew of corporate earnings, non-farm payrolls, and a Fed meeting that is expected to signal the start of QE tapering.
Here’s what you need to know to start your week.
The benchmark index $SPX have established a fresh new high with a further gain of +1.33% (+60.48 points), closing the week at 4,605 level. The new high was printed only in the final ten minutes of Friday’s trading session, as market was trading within its high and low range from Monday to Thursday.
It is worth to note that the % of stocks that are participating in the 2021 market rally has been in decline. There are currently 50.59% stocks trading above their 200-Day Moving Average (down from 85%); and 53.12% of stocks trading above their 50-Day Moving Average (down from 84%).
The immediate support to watch for $SPX this week is at 4,545 level, a resistance turned support level from September 2021’s peak.
Earnings Season Rolls On
Earnings continue to be the main story in stock markets around the world. While many of the biggest names have already reported, with Microsoft $MSFT and Alphabet $GOOGL being top performers last week and Apple $AAPL, Amazon $AMZN, and Facebook $FB – soon to be Meta – lagging, a much wider swath of companies will update on Q3 this quarter.
Supply chain issues and inflation will of course be on investors’ minds as they watch these reports, as well as how much the Q3 U.S. growth slowdown hit these companies, and what that means for their respective outlooks. As companies lap pandemic affected quarters, figuring out what is the new normal for companies that are either recovering or were big 2020 winners will also be on the docket.
Non-farm payrolls
After October’s disappointing jobs report and the muted GDP number, November’s nonfarm payrolls report will test the strength of the U.S. economic recovery. Expectations are for 385K new jobs, after the NFP missed expectations in each of the last two months.
Whether that lull was temporary and due to either the summer delta variant surge or supply chain issues remains to be seen. The report may weigh on the speed of Fed tapering, and might also give added impetus to Democrats in Congress on their budget package negotiations.
Fed Meeting
The Fed Open Market Committee (FOMC) report will be released on Wednesday after a two-day meeting. Fed chair Jerome Powell has said in recent weeks that the plan to start tapering in November is still on, so the question is whether that will bear out.
Also to watch in Powell’s comments and the press conference that follows is what his current view on inflation is, after the debates over whether it is transitory or persistent, and what that means for the pace of interest rate hikes in the months (years?) to come. Of note, the US Dollar popped on Friday after trading lower much of the month, and will be in focus if there are any surprises.
Manufacturing PMI reports
As we enter the holiday season to finish the year, the supply chain snarls and various growth slowdowns will be in the spotlight. A number of PMI reports come out this week. China already kicked off with a disappointing 49.2, marking reduced activity. The U.S., U.K., Germany and other Euro Zone countries will all report. Expectations are for expansion across the board – numbers above 50 on the index – and will give an additional indicator on how the global economy sets up to finish the year, and perhaps how long consumers will have to purchase their holiday presents in advance.
Crypto: Another Bitcoin ETF, And Monetary Tightening
Two weeks ago it was Bitcoin, and last week it was ETH/USD as a leading cryptocurrency to set a new all-time high. Meanwhile, smaller and less grounded coins such as Shiba Inu continue to grab headlines.
There are two headline stories to watch for crypto impact this week. First, a third bitcoin ETF is expected to start trading, as the VanEck Bitcoin Strategy ETF $XBTF is expected to list by Wednesday. Excitement over the first ETF, ProShares Bitcoin Strategy ETF $BITO, may have propelled bitcoin to all-time highs, but the response to the second, Valkyrie Bitcoin Strategy ETF $BTF, was more muted.
It’s also worth watching how the crypto complex reacts to a tightening environment. Much of the investment thesis for crypto is tied to inflation and the value of money; an increase in the cost of capital via central bank tightening could make traditional currencies and assets relatively more attractive. While in large part a coincidence, the tightening cycle in 2018 and the simultaneous off year in crypto may be worth keeping in mind even as optimism in the sector remains high.