NAS100 trade ideas
NASDAQ - It's Not All Doom And Gloom...NASDAQ 2WEEK CHART
Red EMA = Weekly 50EMA
Blue EMA = Monthly 50EMA
Nasdaq is on a steady incline but with all good things, it must end... kinda. Every so often we get a big correction. The last time we got a correction was in early 2022 where we saw a drop of 38%! After the corrective period ended, we saw a climb of over 100%.
It is likely that we'll see a similar corrective period soon.
We have the Weekly EMA holding up price, which has been respected really well. We can use that as confirmation to tell us when the corrective period has started.
We also have the monthly EMA which we can use to gauge where we'll bounce off from. We could see another 30%-40% drop for the next correction, which will lead us nicely to the monthly EMA where we have seen a bounce previously.
We're still expecting price to move a little higher so we'll be keeping a close eye on this.
As to what will cause this correction is yet to be determined. Various fundamental factors can play a part such as War, Recession, Inflation etc.
If interested in receiving updates for this analysis, do drop a comment and we'll be sure to keep this updated!
Goodluck and as always, trade safe!
NAS100USD shows volume up (↑)Trading is all about repeated patterns, and the most unlikely pattern are the one that goes against the trend. Either way it might just be a 50% chance of being right, but then once you're right, the chances of your trade to make a big move is even higher. Now the repeated pattern on this chart is determined by volume, it is recently showing repeated movements up with more volume up on each repeated move. The first line shows a potential pattern and the second white line shows the next point which a repeated move will go unless there's a reversal which are not showing at the moment.
NAS100 - Clear Breakout Still Required.20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Resistance & Support - Dashed Green & Red Lines
Your interest motivates me.
How I see it:
We have rising SMA's and still serious demand.
I believe a clear breakout above 20500 or below 20000 will offer short term direction.
Only option is patience.
Keynote:
By clear breakout I mean, a daily candle close above or below a key level.
Thank you for your time reading, boosting or following my analysis.
I deeply appreciate it.
NAS100 Outlook for the Week (October 21-28, 2024) Key Concepts:
Wyckoff Phases and Distribution:
The chart seems to follow the Wyckoff methodology, particularly focusing on Distribution phases (Phase A, B, C).
The current price action appears to be in Phase C, approaching the potential markdown (downtrend) continuation.
Supply and Demand Zones:
A Bearish Order Block is identified at the upper part of the chart, indicating an area where institutional sellers are present. Price action is likely to be rejected here, pushing prices lower.
There is also a Buy Side Liquidity zone that was previously mitigated and failed to push price higher, confirming further bearish momentum.
Elliott Wave Analysis:
We can see an Elliott Wave structure forming, with a Wave 3 completion in progress. Wave 4 is expected to be corrective (minor upward retracement), followed by Wave 5 (continuation of the downtrend).
The labeling of the waves implies that next week's price action is entering Wave 5, which will likely bring prices lower towards the 2.618 extension levels seen on the chart.
Liquidity and Smart Money Concepts:
Liquidity Sells Below Wave 2: Retail traders' stop losses are marked below the previous Wave 2 low. Smart money will likely target this liquidity zone to push price lower.
SOW in Phase B (Sign of Weakness): The chart shows a SOW (Sign of Weakness), confirming a bearish trend during Phase B. Prices are likely to continue lower as market participants distribute their holdings.
Market Structure and Break of Structure (BOS):
The chart highlights CHoCH (Change of Character) and BOS (Break of Structure) events. These represent moments where the market shifted from bullish to bearish structure, signaling a downtrend.
There’s a CHoCH in Phase B, leading to MSB (Market Structure Break), confirming a further decline.
Fibonacci Levels:
The Premium and Discount levels marked on the chart indicate the range where price is likely to react.
Prices rejected from the 0.705 retracement level, confirming a bearish continuation towards the Discount range (below 20,000 level).
Outlook for Next Week:
Monday:
Expect a continuation of the bearish move, possibly targeting the current weak low around 19,640.
Early in the week, we might see minor retracement into the Wave 4 correction, but this is expected to be short-lived.
Tuesday - Wednesday:
Market could test the Bearish Order Block or the Premium level again before moving lower.
Watch for a Break of Structure (BOS) around the 19,910 level. If this level holds, a strong push down into the lower liquidity zones is likely.
Thursday - Friday:
Wave 5 should start its completion phase, driving price further down towards the 19,131.8 and 19,210.3 levels.
This would be in line with the 2.618 Fibonacci extension, where we can expect significant support or a reversal if market conditions change.
Key Levels:
Bearish targets for next week: 19,210.3 (2.618 extension), 19,131.8 (2.786 extension).
Support areas to watch for potential reactions: 20,042 and 19,640.
NASDAQ ShortsHigh TF Market structure shift - on the 4hr - previous high failed to get taken
SMT also present on high TF
Higher TF 4hr FVG being mitigated
Price failing to break through higher TF 4hr FVG
Price to tap 30m FVG either during Asia or London Session
Proceeding to take out BSL to and moving towards higher TF bearish order block to activate sell orders.
Once bearish order blocked has been tested, price should come down seeking out areas of liquidity. Which is situated as eqaul lows on the 1hr and 4hr TF.
In order for shorts to be valid last low created needs to be taken creating a market structure shift on either 15m or 30m TF, with bearish displacement candle leaving behind a FVG by testing the bullish order block and reversing off of it, with stops being at the previous high targeting the next DOL
NASDAQ possible move I'm expecting price to come back and fill my FVG below where it shifted structure to the upside
NDX KEY LEVELS FOR 21/10/2024//@description
// All credit goes to Tony for the concept of this indicator. His Trading View link: www.tradingview.com
// Note: The calculation method in this indicator differs from Tony's, but the concept is derived from his work.
**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It considers volume, past prices, price range and indiavix.
**Entry/Exit Points:**
- **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan.
- **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above.
- **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below.
**Timeframe:**
Use a 5 timeframe for trading.
**Risk Disclaimer:**
This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
NASDAQ INDEX (US100): More Growth is Coming Next Week
US100 nicely respected a recently broken horizontal structure resistance.
The price formed an inverted head and shoulders pattern on that and bounced.
I think that the Index will continue growing next week.
Next resistance - 20460
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US100 Elliott Wave Forecast: Understanding the NASDAQ's Next MovUS100 analysis using Elliott Wave theory. This chart highlights the key trends and potential future movements in the NASDAQ index. Follow the wave patterns to gain insights into upcoming shifts in market momentum.
NAS having trouble pushing through these key bearish levelsAs you can see on my markups, these are the meat of the bearish arrays. As DOW and S&P push into ATH deviations, it will bring NAS up through its resistance but there is a high chance that there is an institutional taking of profit before NAS reaches ATH.
Keep your eyes on the ATH as draw until we get a daily bearish imbalance. This bearish block won't hold for long without a Taking of profit causing an actual imbalance to the sellside.
Whats your take on this onewe had a shift in market structure; hence we have missed our first sniper entry now we looking to ride down to the initial order block on the 4hr timeframe
Nasdaq Monthly Analysis - Possible Measured Move CorrectionThere may be a lot of choppy price action at the top of this trading range until price definitively starts to trend down to facilitate the correction or break out to make new highs. The reason for speculation that Nasdaq may be due for a correction is based on the current impulsive wave's similarity to the previous impulsive wave in both price and time.
If the current impulsive wave has reached exhaustion it will be an approximate measured move of the previous impulsive wave with increase factors of:
1.022 increase in price range (10,365÷10,142)
1.046 increase in days to climax (637÷609)
If the upcoming correction is also a measured move of the previous correction, using the calculated increase factors, the correction should be projected to occur over approximately 340 days (325×1.046) and decline by approximately 6,483 Points (6,344×1.022).
This would bring price to 14,309 (20,792-6,483) around the date of June 16, 2025, which would also bring price back to the trend line.
The projected correction, based the listed calculations, may retrace 77 Points below the 61.8% level (14,386-14,309). It is also worth mentioning that the previous correction retraced 76 Points below the 61.8% level (10,503-10,427). This difference in retracement below 61.8% is a factor increase of 1.013 (77÷76).
On the monthly timeframe, technical indicators such as Stochastic and RSI show price as overbought.
NASDAQ Today price hasn't done much just move slowly up.. I am expecting price to take out the previous high so I can enter for a higher sell position with a tight stoploss. Entering on the rejection once it passes the previous high won't have a limit order since it's a little more risky 😬.. today I had some buys from last night that I was holding.. closed out everything nothing to much to see today I have been paying attention all day and have alarms ⏰️ but Market just doesn't want to make any moves just taking uts time oh well
NAS100 I Forecast and Technical Analysis Welcome back! Let me know your thoughts in the comments!
** NAS100 Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
NAS100 Market Update: Key Levels and ProjectionsThe Nasdaq 100 (NAS100) is continuing its bullish run but is approaching critical resistance areas where a correction may occur. Here's a quick overview of key levels:
Strong Sell Zone: 22,233 - 21,052
Expect potential pullback as the index nears this resistance. This zone is likely to trigger a price correction, offering short-term selling opportunities.
Strong Buy Zone: Below 18,297
This major support level offers a favorable buying opportunity if the market pulls back. Buyers are expected to step in aggressively here, supporting the next bullish move.
Current Price: 20,338.7
NAS100 is approaching resistance after breaking above 19,600 support. Continued upward momentum is likely, but a correction could follow once resistance is tested.
Support and Resistance Levels:
Resistance: 22,233 - 21,052 (Strong Sell Zone), 20,800 - 20,600 (minor).
Support: 19,600 - 19,400, 18,800 - 18,600, 18,297 (Strong Buy Zone).
Outlook
A pullback is expected near 22,233, with support at 18,297 as a key level for the next bullish phase.
Share your thoughts in the comments, and don’t forget to boost this post if you agree with my analysis.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Please do your own research before making any trading decisions.
"$OM Skyrockets to New ATHs: Following in $SOL's Footsteps, $5, New all-time highs for NASDAQ:OM , and it’s following a similar path to #Solana.
NASDAQ:OM is shaping up to be one of the best performers this cycle, and it’s definitely worth having exposure to its ecosystem.
Degens are already talking, and if NASDAQ:OM keeps this momentum, we might see it hit $5 sooner than expected.
And this is just the start. If the bullrun kicks off and altseason heats up, I personally think CRYPTOCAP:SOL could hit $400—and if NASDAQ:OM follows, $10+ is easy!
#MANTRA #OMtober
NAS100 GOING UPAccording to the current uptrend of the dollar combined with all technical indicators, US100 might be going up for good today and next week.
There' s a strong trend right here that will be tough to break.
US100 TRADING PLAN 1. Weekly Overview:
Primary Trend: The US100 is in an overall uptrend with price above key moving averages on the
weekly chart. This trend remains bullish as long as price stays above critical support levels.
Key Levels:
Resistance: 20,400 (near-term resistance); 20,755 (recent high); 20,899 (1.618 Fibonacci extension).
Support: 19,573 (0.786 Fibonacci level); 19,182 (50% Fibonacci level and key pivot zone); 18,609 (0.382 Fibonacci level and possible downside target).
Long-Term Uptrend: Price staying above 19,800-19,900 range, which aligns with the volume profile from the VPVR.
2. Daily Overview:
Primary Trend: Short-term momentum is bullish but with some signs of slowing, as indicated by the MACD crossover and flattening RSI.
Key Levels:
Resistance: Immediate resistance at 20,400 (which aligns with both daily and weekly levels); 20,755; 20,899 (Fibonacci extension).
Support: 20,000 (psychological level and just above 20-day and 50-day moving averages); 19,573 (Fib retracement and strong weekly support); 19,300.
Trading Plan:
Bullish Scenario (Trend Continuation):
Entry:
Buy at a break above 20,400 with strong volume confirmation.
Alternatively, look for a pullback to 20,058-20,100 (50-day SMA and Bollinger Band midline) for a long entry if momentum picks up from these support levels.
Target Levels:
First target (T1): 20,755 (near the recent high and previous resistance level).
Second target (T2): 20,899 (1.618 Fibonacci extension level).
Stretch target: If momentum remains strong, you could target 21,200 as an aggressive take-profit area.
Stop-Loss:
Set a stop-loss just below 19,800, which aligns with the lower Bollinger Band and weekly VPVR support zone.
Alternatively, use the 19,573 level as a wider stop-loss, giving the trade more room to fluctuate.
Bearish Scenario (Rejection at Resistance) :
Entry:
Short entry at a clear rejection of 20,400, confirmed by the daily RSI rolling over from current levels (below 60).
Another potential short entry would be a break below 19,800 with volume confirmation, indicating a failure to hold key support.
Target Levels:
First target (T1): 19,573 (Fib support and previous support zone).
Second target (T2): 19,300.
Stretch target: If bearish momentum intensifies, the next level to watch would be 18,609 (Fibonacci 0.382 retracement).
Stop-Loss:
Set a stop-loss just above 20,400 to limit downside risk if price reclaims resistance.
Alternatively, if shorting below 19,800, stop-loss should be above 20,100, near the moving average cluster.
Range-Bound Scenario (Consolidation): [
Entry:
Buy at 20,000-20,058 and sell at 20,400 for range-bound trading with tight stop-loss placement. This strategy assumes price will consolidate between these levels before a breakout.
Stop-Loss:
Set a tight stop-loss below 19,800 on longs and above 20,400 for shorts.
Risk Management:
Position Sizing: Keep risk per trade between 1% to 2% of your capital, based on how far your stop-loss is placed.
Leverage Considerations: If using leverage, avoid over-leveraging, as this index can be volatile and easily move a few hundred points on macro news.
Confirmation Signals:
RSI and MACD: On the daily, a break above 20,400 should see the RSI pushing above 60 for strong bullish momentum. Conversely, if RSI begins to dip below 50 or MACD divergence increases, that could signal potential weakness.
ADX (Trend Strength): Rising ADX from the current level of 23.40 would confirm a strong trending market, whether bullish or bearish. If the ADX continues to decline, expect consolidation.
Volume Profile:
The VPVR shows that strong volume has been traded around 19,800-20,000. This area will likely act as a strong support zone in case of pullbacks, and if this breaks, we could see sharper declines toward the 19,573-19,300 zone.
Conclusion:
Bullish Setup: Favor long entries if price breaks above 20,400 or pulls back to 19,800-20,000, targeting 20,755 and 20,899.
Bearish Setup: Consider shorting on rejection at 20,400 or a break below 19,800, targeting 19,573 and 19,300.
Neutral Setup: Play the range between 19,800-20,400 if price consolidates.
NAS100USD / TRADING INSIDE FVG AREA / 1H NAS100USD / 1H TIME FRAME
HEELO TRADERS
Price Movement and Supply Zone , After prices increased and reached a supply zone, they began to decline , A supply zone refers to a price area where selling pressure exceeds buying pressure, causing the price to drop.
Current Trading Range (FVG) , The price is currently trading between 20,272 and 20,200, which is considered an FVG (Fair Value Gap) , FVG represents an imbalance between buyers and sellers, where prices move quickly and leave a gap that hasn’t been filled. The price is stabilizing within this zone.
Expected Price Movement , If prices hold within this FVG range, there’s an indication that they may increase and test the supply zone between 20,416 and 20,521 ,However, if the price breaks below this FVG area, a further decline is expected towards a demand zone between 20,138 and 20,068.
Demand Zone and Potential Rebound , The demand zone, where buying pressure is stronger than selling pressure, suggests a potential price increase if the price stabilizes in this zone , But if the price breaks below this demand zone, it signals confirmation of a downtrend.
Supply Zone : 20,416 and 20,521.
Demand Zone : 20,138 and 20,068.
FVG : 20,272 and 20,200.
NASDAQ TRADE UPDATENasdaq trade update in mongolian language.
updates about how long the market will continue
