NASDAQ US100📝 Important ranges for this week have been drawn, you can trade them according to your personal strategy.
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NDQUSD trade ideas
US100 Is Bullish! Long!
Please, check our technical outlook for US100.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 20,793.1.
Taking into consideration the structure & trend analysis, I believe that the market will reach 21,500.9 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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NAS100 Targets 20929.44 for Further UpsideHello,
PEPPERSTONE:NAS100 has responded positively to the 1W/1D PP and is targeting further gains towards 20929.44. If it crosses and sustains above this level, additional upside potential is expected.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
UPDATE NQ Like as i share before but some changes has happend. Broke the sup then fall little more , but top will be in after some weeks . We’r gonna see so much higher than this prices then the bulls will run out of juice.
NAS100 FUTURE EXPECTATIONBullish: Until the All time high if the current SIBI FVG is invalidated I want it to act as support
NAS100 morning analysisBullish count for NAS100.
This count sees price action from 5 August 2024 low as a leading diagonal ((1)), rather than an ending diagonal ((5)).
Wave ((2)) would be a zigzag, with c likely finishing between 19k-20k.
In this scenario, wave v would likely top out near 30k.
Nasdaq is consolidating in wedge narrow zoneNasdaq is consolidating in wedge narrow zone. It can breaout anyday
Liquidity Engineering and Buying Opportunities on NAS100USDGreetings Traders!
Current Outlook📊:
Despite the bullish trend on NAS100USD, the market has been consolidating throughout the day. We need to analyze the price action carefully to make an informed decision moving forward.
Key Observations👀:
Consolidation Range: Price is holding above the 50% Fibonacci level and near the extreme high of 20,842.4.
Liquidity Engineering: The market is consolidating in a premium price zone, suggesting that liquidity is being engineered. Retail patterns like trendlines and support/resistance may mislead traders into expecting price to respect these levels. In reality, this is often a manipulation tactic by smart money to trigger stops and gather liquidity.
Trading Plan🎯:
Focus: Rather than selling at resistance, look for buying opportunities targeting liquidity pools above the current consolidation zone.
Target: Liquidity areas where smart money is likely to enter, above the identified resistance.
Feel free to share your analysis, discuss insights, or ask questions below in the comments. Let’s learn and grow together!
Best Regards,
The_Architect
Nasdaq: Gains Driven by Data, Eyes on Key Events Next Week Nasdaq: Gains Driven by Data, Eyes on Key Events Next Week
The Nasdaq ended the week on a positive note, buoyed by strong economic data, robust corporate earnings, and supportive seasonality. However, investors are shifting their focus to critical upcoming events: the FOMC meeting on Tuesday and the PCE inflation report on Wednesday. These events have the potential to set the tone for the markets for the remainder of the year.
Mixed Economic Data
The past week brought a blend of economic data, with some encouraging signals and a few disappointments:
- Initial Jobless Claims (Nov. 16): At 213K, the result came in better than the 220K consensus, underscoring the resilience of the labor market and reducing recession fears.
- Philadelphia Fed Manufacturing Index (Nov.): Disappointed at -5.5 against expectations of 8, reflecting continued weakness in the manufacturing sector.
- Michigan Consumer Sentiment Final (Nov.): Came in at 71.8, below the 73.7 forecast, indicating a slight dip in consumer confidence.
- S&P Global Services PMI Flash (Nov.): Surprised to the upside with a reading of 57.0, exceeding the expected 55.2, highlighting the strength of the services sector.
Nvidia Shines Bright
Corporate earnings added to the bullish sentiment, led by Nvidia's impressive Q3 results. The company reported revenue of 35.08 billion dollars, significantly above the consensus estimate of 33.17 billion dollars. As a leader in AI-related technology and semiconductors, Nvidia's results lifted the broader tech sector and contributed to Nasdaq's gains.
Market Sentiment and Seasonality
The Fear & Greed Index currently stands at 61, in the "Greed" zone, indicating a risk-on environment as investors show confidence in equities. Seasonality also plays a crucial role. Historically, Nasdaq benefits from end-of-year trends, especially in an election year, when policymakers often aim to maintain market stability.
Challenges Ahead
While the current momentum is positive, the market faces significant tests next week with two major events:
1. FOMC Meeting (Tuesday): The Federal Reserve’s policy decisions and commentary will be in the spotlight. Investors will look for signals on whether the Fed plans to pause or keep the door open for further rate hikes in 2024.
2. PCE Inflation Report (Wednesday): The core PCE inflation data, the Fed's preferred measure of price pressures, could shape expectations for monetary policy. A higher-than-expected reading might increase concerns about further tightening, while a lower figure would reinforce the soft landing narrative.
Lingering Risks
In addition to the upcoming macroeconomic events, investors remain wary of:
- Trade Policy: Former President Donald Trump’s proposed tariffs on imported goods could stoke inflation and weigh on economic growth.
- Geopolitics: The ongoing risk of escalation in the Ukraine conflict continues to loom over global markets.
Soft Landing: The Baseline Scenario
Looking at the current data, the Nasdaq appears to be on the path to a soft landing, supported by a strong labor market and robust technology sector performance. Favorable seasonality—both year-end trends and election-year dynamics—further bolsters the case for continued gains, which remains the baseline scenario for now.
Conclusion
The Nasdaq has shown strength, but next week’s FOMC meeting and PCE inflation report could reshape market dynamics. The key question is whether the data will support the soft landing narrative or signal a need for further monetary tightening.
What are your thoughts on the Nasdaq’s outlook given the upcoming Fed meeting and inflation data? Will the index sustain its rally, or are we in for increased volatility? Share your insights in the comments.
NAS100 afternoon updateBearish case for NAS100.
From ATH of 21247.5, proposed impulse wave down (red ellipse) and corrective wave up (green ellipse).
Price action in the context of proposed ending diagonal wave ((5)) (wedge) and failure of price to tag median line (red line) of pitchfork. Bottom of wedge has held as support for price in proposed wave (2) (red ellipse).
If count is correct, first sign would be impulsive price action (wave (3)) to break below wedge and head towards target of 18297.4.
If this is the market top, price will likely go much lower, back towards October 2022 lows.
Nasdaq 100 (CME) may rise to 20900.00 - 21060.00Pivot
20700.00
Our preference
Long positions above 20700.00 with targets at 20900.00 & 21060.00 in extension.
Alternative scenario
Below 20600.00 look for further downside with 20500.00 & 20390.00 as targets.
Comment
The RSI is mixed and calls for caution.
Supports and resistances
21270.00
21060.00
20900.00
20801.00 Last
20700.00
20500.00
20390.00
Number of asterisks represents the strength of support and resistance levels.
US100-bias long Bullish indications:
Trend line resistance broken.
resistance broken at 60626
Moving average respected in 15 min and day time frame .
HHHL in day time frame.
Morning star candle in 2 hr time frame.
Trade plan bias long @ 20598
SL:50604
TP1:20709
TP2:20814
Bullish continuationNas100 will keep growing after bouncing off a key resistance which has turned into support. Established highs upon breaking will be the target for the bullish pressure.
Unlocking the Myth of Price Action: A Strategic PerspectiveThe Market’s Telltale Signs:
History shows that when markets experience sharp moves—either a dramatic drop or an explosive rally—pullbacks often follow. These pullbacks are driven by strong follow-through candles that signal renewed interest and participation from market players. Such formations act as the market’s way of hinting at a potential reversal or retracement.
The Current Scenario:
Right now, the price action is falling short of these historical signals. The market has yet to produce the kind of decisive, bullish candle that would suggest a meaningful reversal. The recent candles lack strength, structure, and conviction, leaving the prevailing trend intact.
Why It Matters:
In trading, patience is a superpower. Jumping into the market without confirmation from strong signals can be costly. At this point, staying on the bearish side is the smarter move. Let the market speak—wait for that bold, unmistakable bullish candle to confirm the tide is turning before considering a shift in strategy.
On the Flip Side:
However, if the bulls do take charge, we could witness a substantial upside movement. A strong, decisive bullish move would signal a shift in momentum, potentially leading to a significant rally. This could present an excellent opportunity for those ready to ride the bullish wave when it materializes.
The Bottom Line:
Stay aligned with the bearish trend for now, but remain vigilant. A strong bullish candle could unlock a major upside, so keep an eye on the market for any signs of a shift. The key is to let the price action confirm the next move before committing to a new direction!
NAS100 SELL 30 MINUTE TIME FRAMESTRONG SUPPLY ZONE Price has to feel the gap below Break and retest Another Setup today!! Expecting a 2:1 reward, Let's see!
Todays RangeI have been infromed to provide more insightful descriptions. As I really have no basis for these trades I like to just claim that the stars speak. So yeah the stars speak to me.
NAS100USD / UNDER DOWNWARD PRESSURE / 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
Current Price Action:
The price is currently close to the ATH at 21,250,As long as it remains below this level, it is expected to decline further.
Expected Decline:
If the price does not break above the ATH, it may drop towards a “Fair Value Gap” (FVG) between 20,482 and 20,324, which may represent a target or support zone.
Upward Scenario:
If the price breaks above the ATH, specifically by closing a 4-hour (4H) candle above 21,250, it could indicate a bullish momentum, potentially leading to a new ATH around 21,381.
Overall Sentiment:
The overall outlook is bearish if the price remains below the ATH, suggesting that trading pressure is downward until there’s a clear breakout.
NASDAQ TODAYToday is a calm day for US100 until the 3:30 PM pull ;
today, it seems like it ll be going down after a lot of hesitations, a lot of reticence to get over 21K ;
we managed to get the descent the other day (orange lines), today seems like either a big pull out, going towards 22K, but pretty unlikely to happen, or a big drawdown like that, reinitializing RSI for the next rally.
Potential bullish rise?USTEC has reacted off the pivot and could rise to the 1st resistance level which has been identified as a pullback resistance.
Pivot: 20,578.80
1st Support: 20,330.46
1st Resistance: 21,019.83
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
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Nasdaq Market Review: 22-NOV-2024Good morning, traders! Today's Nasdaq analysis will help you achieve your trading goals. Let's work together towards success.
Whats that another?I present to you another magic trick great forex traders! the Future has fortold of a great fall of the NAS100! see you all!
