US100 Bearish Breakout! US100 was trading along
The rising support line
But now we are seeing
A bearish breakout so
We are now bearish biased
And we will be expecting
A further move down !
USATEC trade ideas
Market has been in a sell offNASDAQ,
Daily is bullish but we were waiting for 4h to BOS bullish and it failed to do so,
has been creating LH ever since.
Until we turn bullish on 4h, we expect the market to continue selling off
and won't be buying. Monthly chart is showing we could be potentially making a new Monthly HH, which means we can have a very deep pullback in the market. Even all the way down into 15,600. I will only look for a buy if 4h turn bullish.
NASDAQbeautiful sells today but not my cup of tea, still holding till it hits my entry for buys on Nasdaq, still looking at the 15min order block also it lines out with the 1hr order block, told alot of people at work why we have to wait before we buy due to technical analysis, also using the news that helped out with this prediction, also the 78, 88 on the fib tool lines out with my order blocks theres alot of confirmations i have so for now holding sells till price gets to my entry point
NAS100USD / TRADING BELOW TURNING LEVEL - 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
The overall trend is downward , until trading below turning level at 19,105 .
The price action points to a likely continued decline due to its inability to surpass the key turning point of 19.105, signaling persistent downward momentum. Staying under this level implies strong bearish pressure, with support levels at 18,699 and 18,351 as possible targets.
On the other hand, breaking above 19.105 would suggest a change in market sentiment towards a more bullish trend, potentially leading to a rise towards the resistance levels of 19,538 and 19,906, driven by increased buying interest and upward momentum
KEY LEVELS :
TURNING LEVEL : 19,105 .
RESISTANCE LEVELS : 18,699 , 18,351 .
SUPPORT LEVELS : 19,538 , 19,906 .
NAS100 I Potential long from bottom of the channelWelcome back! Let me know your thoughts in the comments!
** NAS100 Analysis - Listen to video!
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Consider the possibility that market has topped..!The image shows charts for four major US stock market indices: the S&P 500, Nasdaq 100, Dow Jones Industrial Average, and the US Small Cap 2000 Index.
Tough week for the markets:
1. NASDAQ 100: The chart shows a sharp downturn, with a rate of change of -5.72%. You mentioned this is the worst week for NASDAQ since October 2022, which aligns with the severe drop visible on the chart.
2. S&P 500: The chart indicates a rate of change of -3.88%, which you noted is the worst week since March 2023.
3. Dow Jones Industrial Average: Similar to the S&P 500, it shows a rate of change of -2.64%, which you also mentioned is the worst since March 2023.
4. US Small Cap 2000 Index: While not specifically mentioned in your statement, this index also shows a significant decline with a rate of change of -5.45%.
These sharp declines across all four major indices indicate a broad market selloff, affecting companies of various sizes and sectors. Such synchronized drops often reflect broader economic concerns or specific events that have impacted investor sentiment.
It's important to note that while these weekly drops are significant, they should be viewed in the context of the longer-term trends visible in the charts, which show overall upward movement over the past year despite this recent downturn.
Nasdaq heading back to previous lows, but only up from thereNDQ has been severely overweight in the recent weeks. Mostly due to the carry trade with
NI225 plummeting practically out of nowhere then rebounding instantaneously. I believe the Nasdaq along with other indices are heading toward last month's lows in the coming weeks but will rebound and move upward from there. Recession? No I don't think so.
NASDAQ Collapse Underway | SHORT $QQQConsistent with my entire market thesis, I am looking for the NASDAQ to selloff back to the 2018 price level, with the additional likelihood that we will test the Covid bottom from 2020.
If you own NASDAQ:QQQ , I advise an immediate sell; if you are looking to increase profit, you can short the Nasdaq.
Folks, we are in a recession and the market-makers are not playing around.
This will go deep.
nas100 loong nfpThe NASDAQ 100 index has pushed higher from the lows of last week, though it remains well below the highs seen in the second half of August at 19,950.
It has held trendline support from the August low, which formed with the low last week, and this may provide an underpinning for a move back to the 19,950 highs. Above this the index can then contemplate a move through 20,000 and then on towards the July record highs once more.
A close back below last Wednesday’s low at 19,080 would signal that the sellers have reasserted control. This could then see more losses in the direction of the 200-day simple moving average (SMA), currently 18,188.
NAS100 BUY SIGNAL ANALYSIS FALLING WEDGE PATTERNHere on Nas100 price has form a falling wedge pattern now try to make up move so if the line 18960.2 break there is a higher chance of rising up and going for LONG is needed and targeting profit should be around 19316.3 and 19596.7 . Use money management
Nasdaq Bearish Outlook Below 18,920 Ahead of Key Economic DataNasdaq Technical Analysis
The Nasdaq price has declined and stabilized below the pivot range of 18,920, indicating a bearish trend.
As long as the price remains below 18,760 and 18,920, further downside is expected, with potential targets at 18,420. A break below this level could extend the bearish trend.
For a bullish reversal, the price would need to stabilize above 18,920, with an upward move towards 19,160.
The upcoming release of the NFP and Unemployment Rate will also have a significant impact on the market. Results below expectations would be positive for the indices.
Key Levels:
Pivot Range: 18,760 - 18,920
Resistance Levels: 19020, 19185, 19390
Support Levels: 18560, 18420, 17900
Expected Trading Range: 18,930 - 18,420
Trend: Bearish while below 18,760.
Nasdaq Thoughts 06-Sept-2024Good morning my dear trading community! I'm sharing my Nasdaq trading zones today, loaded with possibilities. Explore these areas for inspiration on opening positions, but please keep in mind they're not trading signals. Use them wisely and at your own risk. Trade smart!
OM has the potentialRSI climbing out of oversold territory, indicating potential price reversal. Volume picking up, suggesting increased interest. These technical indicators combined with a solid foundation in RWAs and a strong community make NASDAQ:OM a compelling investment.
#MANTRA #RWA #DeFi #TechnicalAnalysis
US100 / NASDAQ TodayLooks like finished correct ABC after impulse down.
I expect continiue down move
This is my view
US100US100 is just enter the bullish trend.
Broke the last LH and made first HH.
We wait and watch for the brekout of last HH.
It it break the last HH the trend will go to bullish from here.
NAS100 Is Very Bullish! Buy!
Take a look at our analysis for NAS100.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 18,831.98.
The above observations make me that the market will inevitably achieve 19,527.54 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
US Nas 100 another month drop?Hey traders
We have US Nas 100 here, nas is looking to sell down still for another month id say, so I will be looking to take a sell position on nas to take to the demand zone I have marked off on chart, I will update accordingly and will only be placing a buy limit if my trading criteria is met.
Would be great if you could leave a comment or liked and followed cheers.
This chart material is for educational purposes only / Demo account should be traded only.
“The Nasdaq Index Extends Losses”In the U.S., the JOLTS job openings decreased by 237,000 in July compared to the previous month, dropping to 7.673 million. This marks the lowest level since January 2021. Following this data, expectations have increased that the Federal Reserve (Fed) could reduce the policy rate by a total of 125 basis points across its three remaining meetings this year. Additionally, the likelihood of a 50 basis point rate cut at the Fed’s September meeting has risen to 45%.
The release of U.S. macroeconomic data, which has triggered recession concerns, has led to increased selling pressure on the indices.
Technically, the Nasdaq index, which has retreated to the 18,780 level, could experience further selling pressure, potentially reaching the support levels of 18,450 and 17,900. In the event of a potential buying movement, if we see a close above the 18,900 level, the upward trend could extend to the resistance levels of 19,520 and 19,970.
LONG IDEAI do not know what will happen as a learner i will just say the market will tell if i am correct or wrong
