NASDAQ.USD.1.IEN May be may bach music for example take it to 22000 no no let us say 23000 or 24000 and 200 points !!!! all is possible and I can do it!! let us say it is another ear pinch for who said Maybach music down at the minds lol
NAS100 later on today us and eu will have a negotiation. This tariff ultimatum looks like the one he gave before the talk with china when he said 80% was right and then they came out of the weekend with a pseudo deal and caused the rally last week Today the eu 50% could be the same ..pay attention on Scot besset interview on Bloomberg at 5 ..if he says (like he did with china) that they have an agreement the market will rocket…I know this is high speculation but we need to think about everything this day
NAS100 I also think that investors wont selling out large positions now, like the last time. They have seen that Trump is using tactics in negotions, so the fear factor that tariffs will sustain and ruin the economic growth is not that high compared to previous
As we look ahead, important USD news events scheduled for the upcoming week include:
Consumer Confidence Index: Expected to be released on May 30, 2025. A higher-than-expected reading could boost market sentiment and positively impact the NASDAQ.
Non-Farm Payrolls: Scheduled for June 7, 2025. This report is crucial for gauging employment health and could influence Federal Reserve policy.
Inflation Data (CPI): Expected on June 12, 2025. Inflation trends will be closely monitored, as they can affect interest rates and market dynamics.
These upcoming events are likely to create volatility in the NASDAQ market, and traders should be prepared for potential price fluctuations based on the outcomes.
Conclusion
In summary, the NASDAQ is currently positioned at a critical juncture, with various technical indicators suggesting both bullish and bearish scenarios. Traders should closely monitor support and resistance levels, EMAs, and Fibonacci retracement levels for potential trading opportunities. Additionally, keeping an eye on upcoming USD news will be essential for understanding market movements in the near future.
The NASDAQ Composite Index, a key indicator of the U.S. stock market's performance, is currently trading at 21,045 USD. This analysis will delve into the daily and 4-hour time frames, utilizing a variety of technical indicators such as Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, support and resistance levels, order blocks, MACD, and pivots. Additionally, we will discuss the impact of upcoming USD news on the market.
Market Analysis
Current Market Overview
As of today, the NASDAQ is showing a mixture of bullish and bearish signals. The price action around the current level of 21,045 USD provides a unique opportunity for traders to analyze potential entry and exit points based on established technical indicators.
Support & Resistance Levels
Daily Time Frame
Support Levels:
Support 1: 20,800 USD Support 2: 20,600 USD Support 3: 20,400 USD
These levels serve as potential reversal points and can be used to identify entry and exit strategies.
Exponential Moving Averages (EMA)
Daily Time Frame
EMA 50: 21,020 USD EMA 100: 20,900 USD EMA 200: 20,750 USD EMA 400: 20,500 USD
4-Hour Time Frame
EMA 50: 21,030 USD EMA 100: 20,880 USD EMA 200: 20,720 USD EMA 400: 20,600 USD
The EMAs indicate the trend direction. In the daily time frame, the EMAs are showing a bullish trend, while the 4-hour time frame is still in a consolidation phase.
RSI Divergence
The Relative Strength Index (RSI) is currently at 55, indicating a neutral to bullish sentiment. However, a divergence is noted as the price makes higher highs while the RSI shows lower highs. This could signal a potential reversal or correction.
Order Blocks
Order blocks are areas where significant buying or selling occurred. Currently, the following order blocks are identified:
Bullish Order Block: 20,800 USD to 20,900 USD Bearish Order Block: 21,200 USD to 21,300 USD
MACD Analysis
The MACD line is currently above the signal line, indicating bullish momentum. However, the histogram is beginning to show signs of decreasing momentum, suggesting a potential slowdown in upward movement
NAS100USD possibilities: 1. completion of right shoulder in daily time frame, an ATH (fakeout and down) 2. down...consolidation... down what do you think 1 or 2