NASDAQ US100 TODAYMore things tell me more sell than buy.
This is my view on NASDAQ today
Remember about small risk
USATEC trade ideas
USNAS100 / Bearish Below 20,080, Bullish Above 20,280Nasdaq Technical Analysis:
Futures dip ahead of labor data; Powell signals modest rate cuts
Currently, the price needs to stabilize below 20,080 to target 19860, with a potential further decline to 19,690 by breaking 19860.
On the other hand, if the price stabilizes above 20180, it could aim for 20450 and 20700.
Key Levels:
Pivot Point: 20090
Resistance Levels: 20180, 20420, 20710
Support Levels: 19900, 19,690, 19,540
Expected Trading Range for Today: 19860 to 20280
Trend:
Bearish by stability under 20080
Bullish: If 20280 is broken
Us100Us100
Forecast for October came early hope you caught it !!!!!
More coming soon..
Will be posting a full update after new York close .
POTENTIAL SHORT OPPORTUNITY ON THE NAS100 (NASDAQ)Hey everyone I hope you are having a blessed weekend so far! Just wanted to get on here and share a potential short opportunity I see on the NAS100 (NASDAQ) index! OK so let's dive in!
OK so on the higher timeframe I think it is fairly clear that price is sitting around all time highs for this index...now I DONT USUALLY try to short the stock/indices market very often but I see potential from that previous level of supply formed back in July of this year! We can see that price fell sharply and strongly from that level of formed supply, or seller area. However it makes sense for you!
SO what I am really looking for in the current and future price is how the buyers bring price into that level. If it comes very strong to that level that I would NOT be interested in trading it short since momentum=interest in the markets. What I mean is that the markets are like a receipt, the larger the order, the larger the order will appear on the receipt (charts).
Alright guys going to keep this one simple! Whatever technical confluences you use with your trading zones of course you should apply and always use good risk management.
Appreciate you all please boost post and follow my page for more accurate setups! Cheers! God Bless!
Final-UPDATE_NAS100-H4_September-2024The analysis proved to be accurate.
Waiting for the next trade.
NASDAQ. BUY@HELLO everyone , BELOW 💲19733.2 "US Tech 100" price is cheap to buy and @💲20482.3 "US Tech 100" price is expensive to buy. , i wanna see price trading bellow 💲19733.2 then find a buy setup on the lower timeframes..
{new week , new month "NFP Week"
NASDAQ SELLSAs usual, price have been on an expansion leg to the upside for quite sometime. And then it topped, before taking out the buyside liquidity and then just recently broke to the downside
I want to see a retest into the 4hr FVG and then a continuation leg to the equal lows below current market price
NAS 100 IS bearing todayNAS100 broke out of the right shoulder in the head and shoulders formation early 10/1/2024. Perhaps on the heels of the dock workers strike since 12 Midnight? Take profit where it makes sense for you.
Correction TradeWhat we have here is a correction that has formed a trendline, now we have a breakout and retest, which suggest a bullish impulse move
WE ONLY TRADE PULLBACKS
Nasdaq Retest, Bearish HarmonicAfter Powell's speach the markets closed high but he indicates a metered approach. Noticed the bearish harmonic and retest.
These are not what I view as strong/high alpha signals but they are there to trade intraday.
My bias is neutral to bullish.
Bullish outlook on US100"The W pattern has been completed on the daily timeframe. The inside bar on the weekly timeframe has been broken. The price is heading towards record highs. The U.S. economy is described as being in a 'solid' condition, with the plan for significant interest rate cuts from now until the end of the year supporting this bullish outlook."
UPDATE_Analysis-NAS100-H4_September-2024The confirmation for the previous analysis has not arrived.
In fact, there has just been a change in directionality, which made me think about this entry.
I apologize if I didn't publish the analysis in time for a potential trade.
NASDAQ/US100Hi everyone hope y'all doing good this morning. Okay let's get down to business according to my today analysis Nas100 will have a short buy saying this based on my strategy but you can drop your thought down below. if you found this helpful please press the follow button it motive me to drop analysis. Thanks
NAS100 BUY ANALYSIS DOUBLE BOTTOM PATTERN Here on Nas100 price has just form a double bottom which means that the probability of going up is big so a trader should be go for LONG if price reaches line 20106.8 with target profit of 20243.3 . Use money management
NASDAQ INDEX (US100): More Growth is Coming
I see a strong bullish setup on US100.
After a retest of a recently broken key level,
the market violated a resistance line of a falling wedge pattern.
With a high probability, we will see a bullish movement soon
at least to 20165.
❤️Please, support my work with like, thank you!❤️
ICT Long setup Swing Trade on NAS100USD👋Hello Traders,
Our 🖥️ AI system detected that there is an H1 or higher timeframe ICT Long setup in
NAS100USD for session trade (a couple of hours)
Here is a session trade idea (since it is near support surface, we should use small lot size)
Please refer to the details Stop loss, Buy Zone,open for take profit.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
Nasdaq Thoughts 01-Oct-2024Happy New Month 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
NAS100USD / TRADING INTO SENSITIVE AREA - 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
The statement mentions that prices began to increase by 10.95% at the beginning of September.
This indicates a strong bullish trend at the start of the month, reflecting optimism in the market or strong performance from NASDAQ 100 constituent companies.
Yesterday's drop of 1.61% indicates a short-term bearish move, suggesting market sentiment has turned negative or there's profit-taking after the earlier rally.
The expectation of a further decline of 2.35% and potentially 3.92% implies that the current bearish sentiment may persist.
Technical Analysis:
Current Market Condition:
The statement suggests that the NASDAQ 100 is trading in a sensitive range between 20,330 and 19,954, and that breaking either of these levels will determine the market's direction.
Upward Condition:
- Target 1: If the price trades above 20,330, it's expected to rise to 20,795.
- Target 2: If the price stabilizes above 20,795, the next target is 20,980.
Downward Condition:
- If the price falls below 19,954, it suggests a potential decline:
- Target 1: A decline to 19,884.
- Target 2: If it breaks below 19,884, further decline is expected to 19,335.
USNAS100 / Bearish Continuation...Nasdaq Technical Analysis:
Futures subdued ahead of a data-packed week, Powell's comments awaited
Currently, the price needs to stabilize below 20,080 to target 19,900, with a potential further decline to 19,690 by breaking 19900.
On the other hand, if the price stabilizes above 20,080, it could aim for 20,350 and 20,540.
Key Levels:
Pivot Point: 19980
Resistance Levels: 20080, 20,190, 20,350
Support Levels: 19,900, 19,690, 19,540
Expected Trading Range for Today: 20080 to 19800
Trend:
Bearish: while under 20080
Bullish: If 20,080 is broken
Weekly Analysis🚨 September 30th - October 4th 🚨
Welcome Traders,
As I mentioned in my previous idea post, since the weekly LH is currently respecting the 88.00% fib level where the previous weekly HL respected, there is a high probability that if history repeats itself, we price may continue to retrace to signal either a 23H HL or signal a weekly HL before price resumes it's bullish trend to break ATHs. One of the reasons why my bias is bearish is because if we zoom out to the 15H chart, price is within an ascending channel and is currently respecting the channel's mid point which also aligns with a strong resistance level highlighted as a red zone. The bulls are failing to stay above this area suggesting that price may retrace to test the lows of the channel.
Using my fib tool, the low of the channel aligns with the 38.2% level of extreme volatility.
Therefore, my bias for the week is bearish until the higher TFs signal their respective HL. Currently, the 11H TF is the biggest TF for price to signal its HL point.
The 11H HL signalled at the 38.2% fib level of extreme volatility. This fib level is often described as extreme volatility because price can shoot in either direction. Price broke below the 38.2% down to 19,864.7 before shooting back up into the consolidation range from last week.
On the 4H chart we can see more clearly that price keeps trying to make new lows but is constantly being rejected by a level of support. At the same time however this rejection fails to create new HHs. This tells me that with the help of news or economic data released this week, price will give one final push to create a new LH at a resistance level on the smaller timeframe before resuming its downtrend.
Using my fibs on the 4H chart, price can retest a resistance level at 20,173.2 which aligns at the 61.8% fib retracement level.
Trading Plan going forward
As part of my trading plan I do not trade on Monday and Tuesdays due to low volume and consolidation and with NFP on Friday, we may not get a clear directional move until then. It is likely that price will continue to range as the market remains indecisive leading up to NFP.
Since my bias is sells, my aim is to sell at the highest point. Therefore, I will be waiting for price to retest a resistance level to enter into sell position. As long as price remains below 20,173.2, the retracement is valid.
Weekly Recap🚨 September 23rd - September 27th 🚨
Welcome Traders,
For past three weeks I have been anticipating a major correction to signal a HL on the bigger timeframes before entering a buy position to break all time highs (ATHs).
Why?
1. Because the Daily HL signalled on Fri Sep 6th at 18,310.1 served as a new indication low point.
2. Afterwhich price made a bullish correction where the bulls maintained their strength breaking through every resistance for the following three weeks.
3. Following a correction price always retraces to signal new low point on the higher timeframe which could either be a new LL point from the previous Daily HL suggesting downtrend continuation OR a HL point above the Daily HL suggesting a reversal to new ATHs.
Here's an image below where price continued to break through key levels of resistance at 19,639.5 and 19,955.8 indicated by the red and orange zones.
Since price continued to signal a series of HLs and HHs on the smaller TFs such as the 1H -3H, it was only a matter of time before price met a strong level of resistance to signal a HL on the bigger TFs (11H-23H).
Last week price signalled a 3H HL at 19,769.4 before continuing bullish up to 20,351.9. On the weekly timeframe we can see that where the LH is currently signalled, began its retracement at the 88.8% fib level which is arguably the same level where the weekly HL was completed before continuing bullish to LH. Therefore there is a high probability that if history repeats itself, we price may continue to retrace to signal either a 23H HL or signal a weekly HL before price resumes it's bullish trend to break ATHs.
Weekly chart showing Weekly LH at 88.00%
Weekly chart weekly HL at 88.00%
