NAS100 BULLISH BIAS-this is what I want to see during New York AM session.
-A retracement to that order block between the times of 9:30am to 11Am. if it fails by then we can try lunch time hour.
- conditions I need its a 1mins to 3mins MSS for my entries then I'll pyramid from there on.
GOODLUCK!!!
Trade at your own risk !!!!!
NAS100 trade ideas
NAS100USD Is Bullish! Buy!
Take a look at our analysis for NAS100USD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 18,343.2.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 19,114.6 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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Nasdaq Short: Trendline resistance plus potential EW 2This is just one possible EW count that I think is currently my preference where the recent upmove is a wave 2. The price move up hit the downwards sloping trendline and got reflected back. It is now a good risk-reward to short this and place the short slightly above wave 2 high (or above the trendline).
Nasdaq Awaits CPI Report with Potential for Volatility &BreakoutNasdaq Technical Analysis
U.S. futures remain steady ahead of the highly anticipated CPI report, which is expected to significantly impact market direction. Projections suggest the CPI will come in around 2.5%, signaling a weaker USD and likely driving indices into a strong bullish trend. However, if the CPI exceeds 2.7% or 2.8%, market movements may become unpredictable, with the potential for a downward shift.
The Nasdaq is expected to consolidate between 18,630 and 18,930 until a breakout occurs, with heightened volatility likely around the release of the inflation data.
If the CPI results are lower than expected, the price could surge toward 19,220, with the possibility of reaching 19,625, particularly if the price stabilizes above 18,220. On the other hand, a higher-than-expected CPI result (around 2.8%) may create volatility and support a decline toward 18,340.
Key Levels:
Pivot Point: 18800
Resistance Levels: 18930, 19220, 19625
Support Levels: 18630, 18340, 17890
Expected Trading Range: 18340 - 19220
Trend: Bullish Movement with High Volatile of CPI
Nasdaq Thoughts 12-Sept-2024Kindly 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
NASDAQ Potential UpsidesHey Traders, in today's trading session we are monitoring NASDAQ for a buying opportunity around 18600 zone, NAS100 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 18600 support and resistance area.
Trade safe, Joe.
Mid Week Analyses Following CPI DataSep 11 2024
We got over a 700point move today where price surpassed my TPs for the week reaching a high of 19,274.1. This now puts the 23H TF is the biggest TF to signal it's LH which now sits at the 62.8% retracement level on the fib.
Now that price has made its bullish correction, I am now shifting my bias to sells for it to make its new low point on the bigger TF.
Each red zone represents a bearish level of resistance where price previously retraced from after making a bullish correction.
Therefore I am now looking for signs of retracements anywhere between 19,274.1 - 19,322.5 for the following reasons:
1. Price is at the bearish level of resistance
2. Price is at the 61.8% key retracement fib level
3. Price would be respecting the daily moving averages
4. Price has been bullish since Monday with only a 1H Low signalled.
Note, that if price does not retrace within this range (9,274.1 - 19,322.5) and it closes above, then price will continue bullish up to the 78.6% retracement level at 19,597.9.
Here are two scenarios for the rest of the week:
Downtrend (more likely):
- Price begins to retrace within the retracement zone highlighted in blue to signal a 4H HL roughly around 18,934.8.
- This would mean that today marked the day price made it's highest point for the week and will now retrace for the rest of the week.
Uptrend continuations (unlikely but also possible for strong uptrend)
- Price makes a series of HHs and HLs on the smaller TFs so that it can continue to break above the retracement zone.
- Once it breaks above, the next TP of interest is 19,597.9
- This means that price will continue bullish for the rest of the week with Thursday having the most volume and Friday ranging with consolidations.
NASDAQ Bullish ideaCurrently running with down trend with descending channel. strong support zone below and i expect local bullish confirmation from 18000 for short term and swim trade from16000 - 16200
NASDAQ to all time high? September has usually be a very bad month. But I'm just showing what the charts is showing me. CPI news has been great today. In the previous NASDAQ post, i mentioned market is very bearish and I'll only buy if we break the 4h structure. CPI news gave us the bullish momentum and now we're bullish. I know september is usually a very bad month, I'm only trading what the market is showing me.
Oder BlockNasdaq will not break the Oder Block and i therefore see a consolidation and Sell, failing to break an Order block.
Nasdaq bullishI am expecting nasdaq to reject from current new week opening gap, wait for small little structure break upside and then buy at retest of FVG or OB
SPX/US100 - Checking in Post CPIHow we doing fam? Yall safe? Are you winning son?
Just doing a live check on the markets post data release. Trying to has some ideas out to see where the next trade might be. So far nothing yet to be honest.
THOUGHTS ON NASDAQNASDAQ 1D - As you can see I am wanting to see price continue this bullish momentum trading us up in this market, I want to see price trade us up and into an area of interest before taking us lower in the market.
By holding tight and waiting for price to trade us up and into an area of interest we are able to get involved in this market with a refined entry allowing us to take part and take home better returns.
This analysis falls inline with my thoughts on most pairs with the USD is base, we want to see some temporary strength in the Dollar before a depreciation in price. As always we must wait for entry confirmation.
I may look to go long into this market before I go short taking advantage of both the correction and the next impulse. I just want to see price trade us through this area of Supply that its in and around at the moment first.
Buy US Tech 100i think US tech is going to drop today around 12am (New York Time) OR LATER , but for now I'm buying till all the liquidity is swept. watch out for "CPI"👀
NAS100 9/11/24💹 Indices:
👁️ Outlook
Daly Bias:
30m Context time frame: Price has been breaking bullish so expecting a re-acc.
Tokyo: Distribution
London: Accumulation
NY: Re-accumulation taking out London Lows. I am expecting Longs coming out of NY for a continuation on the 30m.
Keeping an eye on this. 👁️
NAS100USD / TRADING INTO SENSITIVE AREA - 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
Current Market Analysis:
The current price is trading within a sensitive range, specifically between the support level at 18,688 and the resistance level at 19,088. The direction of future price movements will largely depend on a breakout on either side of this range.
- Downward Condition:
If the price breaks below 18,688 and stabilizes beneath this level, it may signal a potential decline. In this case, the price could drop to test the next support levels at 18,317 and 17,876.
-Upward Condition:
Conversely, if the price breaks above 19,088 and stabilizes above this resistance, it may indicate a bullish move. The price could then rise towards 19,535, and if momentum continues, it may further ascend to 19,844.
Upward Target :
19,535 , 19,844.
Downward Target :
18,317 , 17,876.
NAS100 H4 | Heading into overlap resistanceNAS100 is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 19,087.46 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level.
Stop loss is at 19,400.00 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance.
Take profit is at 18,324.29 which is a swing-low support that aligns close to the 61.8% Fibonacci retracement level.
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