USTECH, Channel Top with Bearish DivergenceBullish Channel
Bullish channel Top
Channel Retest
Bearish Divergence appeared
Correction expected
USATEC trade ideas
NAS100The NAS100, often referred to as the Nasdaq 100, is an index that tracks the performance of the 100 largest non-financial companies listed on the Nasdaq stock exchange. It is heavily weighted toward the technology sector but also includes companies from other sectors like consumer discretionary and healthcare.
Key Features of NAS100:
1. Tech-Heavy Composition: Includes major companies like Apple, Microsoft, Amazon, Tesla, and Nvidia.
2. Growth-Oriented: The index is known for its focus on growth stocks, making it highly sensitive to changes in market sentiment and interest rates.
3. Global Exposure: Many of its companies operate globally, making it a reflection of global tech and innovation trends.
4. Trading and Investment: Like SPX500, NAS100 can be traded through futures, options, and CFDs or invested in via ETFs, such as the Invesco QQQ Trust (QQQ).
Characteristics:
• Volatility: Higher than SPX500 due to its concentration in tech and growth sectors.
• Performance: Often outperforms broader indices in bullish markets but can experience sharper declines during downturns.
NEW NASDAQ ROUTEThe potential drop in the NASDAQ in the coming days could be driven by several key factors. First, macroeconomic uncertainties, including geopolitical tensions or the persistence of high interest rates, could increase market volatility. Additionally, recent disappointing quarterly earnings from major tech companies, which are often heavily weighted in the index, add downward pressure. Lastly, technical signals such as the breach of critical support levels or a decline below the 50-day moving average could trigger accelerated sell-offs. Investors should closely monitor these indicators to assess risks and adjust their portfolios accordingly.
Bearish Bias on USTECMarket structure is currently on a downtrend
The Bullish Breaker was invalidated at 20,600 with price slicing through the zone transitioning it to 4H mitigation Breaker Block
I'm anticipating a pull back to the new mitigation block zone at 20,600 and continuation of sells from 20,600 to 20,055.55 as my profit target
Consistency in DNA #10TOOLS
There's a lot of systems and processes we need to follow as traders. We need to get really through this learning curve and become the best versions of our selves during this journey. This is a path of constant development and waking up everyday with a purpose. When you have your dream and manifest it, you're basically finally feel alive...
~AS Malone
Nasdaq (Day trade bounce)this trend with the 50ma should act a big daily support if reached today for a day trade
NAS100 pullback to 20657MODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
Bonus if a TTM Squeeze in in play.
I hold until target is reached or end of year, when I can book a loss.
So...
Here's why I'm picking this symbol to do the thing.
(buying SQQQ)
Price above or near channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at overbought level
VBSM positive
Price at Fibonacci level
In at $21145
Target is $100 or channel top bottom
NO STOP LOSS. will hold to year end.
adding to short position if price reaches 21,900
NAS100, morning/bearish analysisBearish count for NAS100.
Completed primary impulse off October 2022 low of 10431.1, 103.69% move from low to high.
Ending contracting diagonal (wedge) to complete the impulse.
Wave ((3)) is 3.618x the length of ((1)), and wave ((5)) is 1.618x the length of ((1)).
Price does not look likely to tag median line (red line) of pitchfork, which strongly suggests a move back below 18500 at a minimum.
First key support is 19888.5, then fib supports until 17235.
NASDAQ blowoff top?!!The stock market has been rallying for approximately 758 days, fueled by optimism and liquidity. However, I believe that within a few months or weeks, the current bull run could reach its conclusion, even in the presence of quantitative easing measures.
This expectation stems from signs of diminishing momentum, overextended valuations, and potential macroeconomic headwinds that may outweigh the effects of monetary stimulus.
Towards 20228Hi, as you can see, it did not succeed in breaking the weekly resistance and retraced down from strongly, and even broke another line and it looks like it goes down to the low of tall green daily candle which the index jumped to high levels from at 20228 where also you could find another at the price the index will touch that strong support uptrend line and I have a feeling that it will break through due to the high selling momentum but I would prefer to gain my profit at the TP level 20228 first and will close the trade then I will monitor if it will break though or not.
My trades are exclusive to myself only and is not regarded as an advice to traders or investors and is not more than a personal thought or idea which I just wanted to share with you all and I do hope it could help.
I am not selling any signals and I do not take money favour any trade and my recommendations or are free of charge all life long but I keep the copy rights of them though to not be copied or shared.
Consistency in DNA #9STAGES
What is real trading? It's building your account. You go for every milestone that's in your way until you achieve freedom. You don't want to be an amateur. There's a lot to learn in this game..
~AS Malone
Possible Long on NASAll indicators and overall trends supports this trade.
Let's see if she plays out!
NAS100 SELL 1 HOUR TIME FRAMESTRONG SUPPLY ZONE
Price has to feel the gap below
Multiple rejections on the top
Expecting a 4:1 reward, Let's see!
Nasdaq critical pointas previously predicted Retracement to the breakout trend completed, now watching the reaction here if there's buying moment here and a reversal candle was formed then we should expect new ATH
USNAS100 - Dropped and still Running!Technical Analysis:
The price has declined by approximately 1.75%, as previously indicated.
Currently, it is approaching 20,705. A confirmed 1-hour candle close below this level is required to sustain the bearish trend toward 20,550.
Alternatively, breaking above 20,860 could shift the momentum to bullish, targeting 21,070.
Key Levels:
Pivot Point: 20780
Resistance Levels: 20860, 20980, 21170
Support Levels: 20670, 20550, 20330
Trend Outlook:
Bearish below 20780 and 20700
previous idea:
Massive gap fillI'm expecting this fair value gap on the daily timeframe to be filled up to 50% before continuing higher. So keep this in mind for your next daytrades
NASDAQ100 - AFTER TWO WEEKS PREDICTIONTeam, this is one of our best swings, we predict the market will go according to the chart. if you check on our post last two week, that when the bullish trend start to move.
Order BlockNasdaq Failed break a strong Bearish Order Block, therefore consolidating on the Oder Block.
Looking for Small Bulish move when New York Session opens and a retest on the OderBlock then we go long.
Bullish bounce?USTEC is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance level which is a pullback resistance.
Pivot: 20,660.29
1st Support: 20,372.74
1st Resistance: 20,969.09
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Nasdaq going down Following Feds Hawkish tone Last NightJerome Powell’s Hawkish Tone: What It Means for Stocks
Last night, Jerome Powell hinted at potential downward pressure on stocks.
Typically:
Lower interest rates = positive for stocks
Higher interest rates = negative for stocks
While Powell didn’t explicitly suggest rate hikes, his emphasis on the need to “pause” could signal that the Fed is noticing a return of inflation—despite signs of economic weakness.
I’m not calling the market top just yet, but I believe we’re close. For now, I’ll be focusing on short positions until new data tells a different story.
Trade safe!
update on nas100 sell tradeas a trader you are required to constantly evolve your guidelines and anticipation of what price will do should it not cater for your idea point of entry or point of interest. in terms of the nas sell , price didnt fulful the full obligation of the analysis with regards to the point of interest, leading me to re-assess and find that key area to enter the sell trade as i noticed price will not complete the setup . update on the nas trade from yesterday. we move as the market moves
NAS Short idea 1H time frameLooking for a quick sell 1:1R
Entry : 21063.21
Stop loss : 21178.04
Take profit : 20856.52
Nasdaq trading zones: 15-NOV-2024Today's Nasdaq trading zones: For educational purposes only. Use at your own risk.
