SPX on a long timeframeThis chart is mostly for me, so I can come back to it, later... but as you can see, we'll go up and down, but likely to go more up than down :)
NDQUSD trade ideas
Nasdaq reflects caution on inflation and ratesWall Street turned red at the close. The Nasdaq Composite, the main reference for the technology sector in the United States, fell -0.25% on Tuesday, closing at 19,687.24 points. This decline reflects the impact of a combination of macroeconomic and sectoral factors that are keeping the entire market on its toes.
Nasdaq Performance in Context
Although the index has had an outstanding performance this year, with a cumulative gain of close to 40%, led by technology giants such as Apple, Microsoft, and Alphabet, it has generated . However, the stock's pullback this week that underscores the sector's sensitivity to monetary policy expectations and global regulatory risks.
Among the factors that contributed to the Nasdaq's decline this week were:
• Regulatory pressures - China's investigation into Nvidia, one of the world's largest chipmakers, dragged down the Philadelphia semiconductor index (-2.5%) and weighed on tech stocks.
• Mixed corporate results: Oracle declined 6.7% after missing revenue estimates despite being consistent, and MongoDB lost 16.9% despite improving its annual forecast.
Short-term outlook
The tech market faces additional uncertainties with upcoming Consumer Price Index (CPI) data key to the Fed's rate decision. If the November CPI meets estimates of 2.7% y/y, it could facilitate a 25 basis point rate cut in December, strengthening market sentiment. Currently the FedWatch data indicates that there is an increasing likelihood of a cut rather than a hold at current rates. In addition, the Fed's tone is expected to provide signals on the future direction of rates, which will directly impact appetite for high-growth assets such as technology.
Technical Aspect
Currently, yesterday the index made a crossover of averages generating that the average of 50 crossed over the average of 100 marking the fall of yesterday's prices. At the moment there is still a long distance to go before the averages approach the 200, but this crossover has positioned the price in the check point (POC) zone. So, if the CPI and rates news do not strongly modify this trend, we could be witnessing a possible temporary sideways movement of the index in this last part of the year.
Overall, although the Nasdaq continues to show strength for the year, macroeconomic and regulatory challenges are key factors to watch, especially in an environment where monetary policies could moderate the pace of economic recovery.
Ion Jauregui - ActivTrades Analyst
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NDX_UP OR DOWM ?Will it reach 22 and then 26 ?
If it crashes form these levels, it can reach as low as 3000 in the coming 2 years.
Let's see.
NFA
NAS100 Looks so bullish on my side Nas100 been buying in closing 2024
The Nasdaq-100 is a stock market index made up of equity securities issued by 100 of the largest non-financial companies listed on the Nasdaq stock exchange. It is a modified capitalization-weighted index. The stocks' weights in the index are based on their market capitalizations, with certain rules capping the influence of the largest components.
us100 SHORT conditionalus100 SHORT
Please don't be greedy
ENTRY : yellow point
TP : blue lines
SL :
below red line for LONG position
above red line for SHORT position
INSTRUCTIONS:
For risk and money management:
5% of your wallet for LEV X ≤20
And
3% of your wallet for LEV X ≥ 20
NAS100_SHORT OPPORTUNITYTECHNICAL OUTLOOK AT 4H
1. Bearish Divergence
2. At Potential Reversal Zone
3. Head & Shoulders Pattern which is a reversal pattern
TRADE PLAN:
Take entry at the break of Neckline of H&S pattern and ride it till Projected value.
USTECH / US NAS 100 - SHORTMy conviction for this trade is 9/10.
Levels are lining up. Only thing I am worried about is it might shoot a little higher than my marked SL, so open small position. In case it goes up, then keep shorting more, 640 is definitely coming.
3 STAGES OF THE MARKET in this video i did my best to break down the importance of knowing the stages of the market. in your free time please make sure you study market structure. if you have any questions feel free to message me God bless
NASDAQ BEARISHThe Nasdaq may face a correction in the coming hours, based on technical signals from the charts. The index is approaching a key resistance zone, coupled with an overbought RSI (Relative Strength Index), indicating potential short-term reversal. Additionally, a bearish divergence between price action and the MACD (Moving Average Convergence Divergence) suggests weakening bullish momentum. Declining volumes on recent highs further point to reduced buying pressure. A test of the immediate support could accelerate the downside if this level is breached.
+ big liquidity level broken yesterday, looking for a correction
Correction to the downside developing US100 has been in a bullish trend for some time, but now this momentum seems to be fading each time the indices tries to go up higher. As price action is currently developing, a potential drop will happen if the indices fails to find stability above 21600. Alternatively, finding upward strength above this mark, the bullish move will resume further.
Nasdaq for buysThe Nasdaq has started December strong, continuing its upward momentum from November, driven by a favorable market outlook. Key factors include cooling inflation, expectations of further Federal Reserve rate cuts, and robust earnings growth, particularly in the technology sector. Mega-cap tech stocks, such as Nvidia, Amazon, and Meta, remain leading contributors to the Nasdaq's strength, supported by bullish revenue growth predictions.
Nasdaq Market Analysis: 12-Dec-2024Nasdaq trading insights: Not signals, but informative zones to aid your decision-making. Please note: These zones are not trading advice. Use them as a starting point for your own analysis.
US100 Will Go Up From Support! Buy!
Take a look at our analysis for US100.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 21,420.2.
The above observations make me that the market will inevitably achieve 22,305.1 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.
Like and subscribe and comment my ideas if you enjoy them!
USNAS100 / ATH, CONTINUE OR REVERSING Technical Analysis
The price reached another ATH 21675, and now consolidating between 21535 and 21680 till breaking, stability below 21530 means it will drop to get 21420 and below that will get 21220
Otherwise, stability is above 21675 which means will push up to get 22000, especially if the 4h candle closes above it.
Key Levels:
Pivot Point: 21590
Resistance Levels: 21675, 21820, 22020
Support Levels: 21530, 21420, 21215
previous idea:
US100AB=CD reversal pattren is complete bearish divergence at top.
entry type is
sell stop: 21330
SL: 21705
TP : 20935
Tomorrow's CPI is probably going to give SP500 the pullback S&P500 pullback is due
Tomorrow's CPI will give it the momentum to sell.
Nasdaq LongNasdaq is on a strong bullish momentum and this correction gives opportunity to join in the trend. The marked zone is very much interesting enough to dive in upon confirmation of entry as we have price create a double bottom already before a BOS.. Fingers crossed..
US 100 ShortThe NASDAQ index appears to be forming a Head and Shoulders pattern, which is a classic bearish reversal signal. A potential short position can be considered if the price breaks below the neckline, currently around 21,360.
USNAS100: Consolidation with Key Breakout levelTechnical Analysis
The price is currently consolidating between 21535 and 21420, awaiting a breakout.
Bullish Scenario: Stability above 21535, confirmed by a 1-hour or 4-hour candle close, could push the price higher toward the all-time high (ATH) at 21675.
Bearish Scenario: As long as the price trades below 21535, it may retest 21420. A break below 21420 will confirm a bearish trend, with the next target at 21220.
Key Levels:
Pivot Point: 21535
Resistance Levels: 21675, 21820, 22020
Support Levels: 21420, 21220, 21150
US100 - 1H - Short Setup to $21,000 (Technical Analysis)The CAPITALCOM:US100 bounced from the upper side of it's wedge where it marked it's new ATH. On the way up we opened two gaps (red in the chart) which are still left to get closed. We also see a RSI divergence which implies we've seen the top for now and are heading lower (at least for the time being).
Current targets would be the support at $21,184, then the trendline of the current wedge at around $21,000 and a bit lower the bigger support zone at around $20,600. If we break above $21,600 this short setup is denied.
Target Zones
$21,184 (Gap Close)
$21,000 (Trendline)
$20,600 (Bigger Support Zone)
NAS100 SELL ANALYSIS RISING WEDGE PATTERN Here on Nas100 price form a rising wedge pattern and now trying to fall if line 20820.5 break then price is likely to go down and trader can expect profit target of 20269.6 and 19634.1 . Use money management.
US100: SELL US100 is at it's Highest Point. And It's also cross the weekly VWAP. It's now might be possible that it will be a good sell from here
