Ustech100
We see S&P500 is very bullish with recent tech innovations. TSMC to up Arizona investment to $40 billion with second semiconductor chip plant
The investment by TSMC is one of the largest foreign investments in U.S. history, and the largest in the state of Arizona.
Semiconductor chips are used in everything from computers and smartphones to cars, microwaves and health-care devices. Once the plants open, they will produce enough chips to meet the U.S. annual demand.
The announcement comes in wake of the passage of the CHIPS and Science Act which was signed into law in early August.
President Joe Biden is joining the founder of Taiwan Semiconductor Manufacturing
Co. on Tuesday to announce the opening of the company’s second chip plant in Arizona, raising its investment in the state from $12 billion to $40 billion.
The company will also announce it will be producing more technically advanced chips than originally proposed. The investment by TSMC is one of the largest foreign investments in U.S. history, and the biggest in the state of Arizona.
Semiconductor chips are used in everything from computers and smartphones to cars, microwaves and health-care devices. The Covid-19 pandemic shined a bright light on U.S. dependence on Chinese manufacturers as lockdowns led to a global shortage of the high-tech chips.
Nasdaq Forming a Bearish pattern . Take a Sell ride Nasdaq making inverted cup and handle formation and after completing its handle retracement it is going down with the major support area of 11605.
Stop loss area should be the 11850 .
Buying NASDAQ at previous swing highs.NASDAQ - Intraday - We look to Buy at 11611 (stop at 11494)
Buying pressure from 11726 resulted in all the initial daily selloff being recaptured.
A Fibonacci confluence area is located at 12002.
The bias remains mildly bullish but there is scope for a move in either direction at the open.
Bespoke support is located at 11615.
Our profit targets will be 11615 and 11715
Resistance: 11810 / 12002 / 12232
Support: 11609 / 11476 / 10664
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Buying NASDAQ at previous swing highs.NASDAQ - Intraday - We look to Buy at 11613 (stop at 11463)
Majority of the initial daily losses being recaptured.
Bespoke resistance is located at 12232.
Bespoke support is located at 11613.
An overnight positive theme in Equities has led to a higher open this morning.
The bias remains mildly bullish but there is scope for a move in either direction at the open.
Our profit targets will be 11998 and 12098
Resistance: 12159 / 12232 / 12751
Support: 11490 / 11463 / 11200
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Buying NASDAQ at support.NASDAQ - Intraday - We look to Buy at 11438 (stop at 11313)
Continued downward momentum from 12085 resulted in the pair posting net daily losses yesterday.
An overnight negative theme in Equities has led to a lower open this morning.
Bespoke support is located at 11438.
A Fibonacci confluence area is located at 9668.
Although the anticipated move higher is corrective, it does offer ample risk/reward today.
Our profit targets will be 11870 and 12000
Resistance: 11705 / 11870 / 12088
Support: 11600 / 11438 / 10634
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Buying NASDAQ at previous swing highs.NASDAQ - Intraday - We look to Buy at 11601 (stop at 11449)
There is no clear indication that the upward move is coming to an end.
The 261.8% Fibonacci extension is located at 12160 from 10592 to 11191.
Risk/Reward would be poor to call a buy from current levels.
We look to set longs at our bespoke indicator levels (11600).
Our profit targets will be 11991 and 12091.
Resistance: 11933 / 12160 / 12466
Support: 11600 / 11360 / 10667
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
US100Trying to recover from the bears ....we are long on NAS100 too....second shoulder formation is on to allow the bulls in
feel free to jump in with me we are buying NAS100 today traders
NASDAQ to crash?NASDAQ - Intraday - We look to Buy at 11210 (stop at 11110)
Net daily gains of 835 pips.
Yesterday's Marabuzo is located at 11228.
support is located at 11210.
Preferred trade is to buy on dips.
Our profit targets will be 11650 and 11700
Resistance: 11700 / 11744 / 12845
Support: 11228 / 11210 / 10662
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NAS100Possible long on Nas100, we had a rejection on support level. n we can possibly target H1 resistance & if we break this level then next target might be Strong resistance above. we might see a reaction on H1 resistance if price moves bullish to that level. & if there's some sort of rejection , price might fall from that level.
US100 - DAILYDaily: Price is at its supply zone region. crossing up will take it to 12000ish region, and then trend-line, afterwards .618 fib level of previous LH to LL. A falling small trend line may also act as resistance.
There is a pattern here on Daily Time Frame: after completing and achieving its leg target (purple lines), price retraces a bit around 12% (marked in green circle), and then falls approx. 14% down (marked in yellow circle). it happened twice. Now, price did retraced 12% recently. But will it go back down 14%? we will have to wait and see
NASDAQUpdate on nas. I was waiting price to come to the first H1 supply but it didn't , but 2nd supply was created, so entry was taken. target 1 met , next target is htf HIGH. & dollar was weak today in NY session which added to confluence
nasdaqPossible long on nas100. waiting to test supply, target Daily Resistance or the previous highs
NASDAQ EXPECTED RALLYNADAQ opened with upward gap in the beginning of the Asian trading session, following the last week shares price increase after positive fourth quarter earnings results.
Major tech companies like AAPL and AMZN are expecting to report earnings this week and the market is anticipating that the pattern from the last week will continue.
On the technical front, the instrument broke the resistance line of the triangle pattern and both RSI and MACD are in the "buy" zone.
If instrument closes the gap and reverses we might see it test its previous resistance at 10 969, otherwise investors might expect levels of 11 680 to be tested.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Nasdaq AnalysisThe market has gone back to 11309 area before pushing back down. If price breaks this channel we can see price pushing back down to 10526 area. However if price doesn't break then we may see a break of 11309 area pushing price up further to 11497 area. It is more likely for the sell plan to work out than the buy.
US TECH 100Us tech 100 at daily resistance ,need to breakout and sustain above for upside move as there are bullish divergences on daily chart other wise market can drag again down side as already following downtrend channel.
Nasdaq Analysis Today was a great day. Price reached our first area of resistance at 11088. This area is a key area as I stated in the previous analysis. If this area fails to break price will push back down to 10690-10526. However if price breaks up then we may see11309. Tomorrow will be a interesting day. On the daily timeframe price has been consolidating and a close above the 11088 area can change the market quite a bit.
Nasdaq Analysis Hello Everyone,
Earlier this week, we had a break of a very strong key area of support 11088 which pushed price further down to 10690 area, if this area breaks then we can see further bearish movement to 10526-10371. However if price does not break 10690 then price can push back up to 11088 area.
I have drawn key areas to watch out for this week.
Bears: 10526-10371
Bulls: 11088- 11497
Will keep you guys posted throughout the week.
NAS100UPDATE . TP1 hit , still holding some position to the downside as the market closes. MOMENTUM STILL BEARISH , Target 2 is the lows created or supply below.
Note. Analysis was done on 5min TF.
Blessed Weekend yall
Nas 100 Correction (Official Bear Market)
The Nas100 is at an important cross road after the close of the monthly candle of September 2022. The manner in which the monthly candle has closed may indicated that the Nas100 just gone from bull
and now into an official bear market according to price behaviour. We can also see that price has created a change in market structure by means of a new low, which may signal the start of a bear market.
This type of price behaving was last seen in 2008 when the Nas100 went into a correction of about 40% before creating a market bottom. We expect that a similar type of correction is on the cards this time
around. Since are already in a correction we could see a further decline of between 20- 37% resulting in a total of between 43% - 57% decline since the peak formed in November 2021.
This is in line with the interest rate hikes currently taking place in the US and around the world, as central banks try to control the ever increasing inflation, which will lead to a slow down in economic
growth, a fall in company profits and result in job losses and a fall in consumer spending. The issues taking place in other part of the world such as the war between Russia and Ukraine and the covid19
lockdowns in China, one of the worlds largest economies is also not helping current global economic lock which puts further pressure on central banks to keep in hiking rates in the bid to bring down inflation.
US TECH: Would you like butter on that toast?When US Tech stocks were heading in a northbound trend, nobody had a problem in 'predicting' anything.
Now we see the emergence of a death cross, and folk are struggling to believe what's happening. At each major bearish rebellion in the bear trend, there are shouts of hope.
Even slight increases in unemployment are now a cause for hope. Because hopesters 'know' that poor employment is a sign that inflation is being beaten. And if inflation is being beaten then the FED will back off with QT and interest rate hikes. Well of course it doesn't quite work like that - there is a more complicated relationship between employment and inflation.
So volatility in all markets drawing strength from US TECH has been up lately.
Two key things to watch:
1 - Amber daily ATR.
2 - 200 EMA in relation to daily ATR.
The markets have a lot of work to do before there is a clear reversal for the north. Most of them would have to break above a daily ATR and remain above for considerable time. No sign of that as yet.
NAS100 TECNICAL ANALYSIS WITH UNCLNRBZ - PART 4This is a knowledge oriented video and I hope someone gains a bit of something from it.
US TECH 100Us tech 100 breakout submitted major level but next candle will be decide either market trend continues further low or it was a fake out ,if green candle closing above major level than we can see upside move for short term otherwise after retesting breakout level we can see further dip in the market.
