NAS100 when it rain it pours ( SELL)*I am in no way a financial advisor and you should always do your own due diligence before placing any trade. Do not trade what you are not comfortable with losing. No trade is guaranteed.
Melt down.
NDQUSD trade ideas
Will the cracks in the Nasdaq widen post election?NASDAQ100 - cracks have appeared. Will they widen after the US Election.
After failing to break above its mid-July 20,690 record high early last week, the first cracks for the Nasdaq 100 appeared on Thursday after it closed below horizontal and uptrend support at 20,000.
Should the Nasdaq 100 see a break of critical support at 19,600/500, it would indicate that a deeper decline is underway towards initial support at 18,833, coming from the 200-day moving average. Below that, we have the September 18,400 low and then uptrend support at 18,100 coming from the December 2022 10671 low.
Aware that while the Nasdaq 100 remains above the 19,600/500 support area, another test of the 20,690-record high remains possible.
You can view our latest full Wall Street update ⬇️
www.ig.com
ELECTIONS : GOING DOWN !!Tomorrow is the big day, all assets might break down and aim at lower lows and key levels, espcially in the US ;
USD, GOLD, BTC and NASDAQ will all be touched by this ;
other currencies as well but less importantly.
US 100 live tradeUS 100 live trade, I'm aiming for yesterday's high... normally Monday is not much volatility but being US electron day it probably will be
Buying US100 "NASDAQ "Buying the CAPITALCOM:US100
Is a good idea for a re-entry
Indicator for Bitcoin, Gold and Silver.
This is what am noticing.
It's difficult for me to stick
To recommendations of Bitcoin
Because majority of the audience
Respond well to stock option trades
Found on retail brokers.
Nothing wrong with stock options
Just make sure you don't buy
More than 5x leverage.
Because you will lose money
From the volatility
This price follows the 🚀 Rocket
Booster
Using the following reasons:
📈The price is above the 50 MA
📈The price is above the 200 MA
📈The price is moving in a gap up trend
Well in this case the price has hit a correction.
Buying a correction or reversal can be scary and most beginners won't do it.
The problem with buy or sell signals is the hush volatility.
But if you master risk management then you good. Buying corrections is good as well but it requires patience
As for me with my aggressive nature I buy both on volatility and corrections.
The key is to take profit in both if you are an investor then you can hold for longer periods.
Trade safe.
Remember to 🚀 Rocket Boost this post to learn more.
Disclaimer ⚠️ Trading is risky you will lose money wether you like it or not please Learn About Risk Management And Profit Taking Strategies.
USNAS100 / Bearish Pressure with Potential Retest OpportunitiesTechnically:
The price has dropped precisely as anticipated. It is now expected to reach 20008, with a stabilization below the 20008 level likely extending the decline toward 19740.
Bearish Scenario: While trading below 20130, the price may attempt to reach 20008 and 19860. A break below 19740 would pave the way for further declines toward 19520.
Bullish Scenario: Stabilization above 20130 would open the path to 20240. Further strength above this level could create a bullish zone targeting 20420.
Key Levels:
Pivot Point: 20130
Resistance Levels: 20240, 20330, 20420
Support Levels: 19990, 19860, 19740
Trend outlook:
- Bullish above 20130
- Bearish below 20020
previous idea:
NAS100 sell offMy forecast is that Nas100 will first take the previous day's high which correlates with a FVG created when price shifted to the downside.
I have identified liquidity above the PDH to get an entry on the 50% fib retracement and my stop would be just above. Ill wait for confirmation at my POI to get an entry and manage the trade to Thursday's low.
NASDAQ - Nasdaq will lose the 20,000?!The index is located between EMA200 and EMA50 in the 4H timeframe and is trading in its ascending channel. If the range of 20,000 is broken, we can witness the continuation of the decline
If the index rises towards the two specified supply zones, you can look for Nasdaq sell positions up to the bottom of the ascending channel
The U.S. jobs report for October indicated that only 12,000 new jobs were added to the labor market, significantly below expectations. This drop was primarily due to strikes, particularly at Boeing, and the impacts of recent storms. In October 2024, 512,000 workers were unable to work due to hurricanes Helen and Milton, much higher than the historical average of 47,000. These conditions led to a slowdown in job growth for October. The unemployment rate remained at 4.1%, but revised data from previous months show a decline in job growth.
Goldman Sachs analysts predict that the U.S. stock market will grow by the end of the year, driven by various factors. The end of October marks reduced sales by investment and pension funds, which could support stock price growth. This outlook contrasts with the consensus on Wall Street, which expects stock prices to decline after the presidential election. However, Goldman Sachs believes that stock market growth will continue under current conditions.
A survey by the Conference Board shows that 51.4% of American consumers expect stock prices to rise over the next 12 months. This represents the highest optimism level recorded since the survey began in 1987, although experts remain skeptical.
Warren Buffett continued selling a significant portion of his Apple shares in the third quarter of 2024, selling nearly a quarter of his holdings. This move reduced Berkshire Hathaway’s stake in Apple to 300 million shares, representing a 67.2% decrease from the end of the third quarter last year. Despite these sales, Berkshire Hathaway’s cash reserves have reached $325.2 billion. Buffett indicated that some sales might be due to tax reasons, but the volume of sales suggests other factors may also be at play. Interestingly, Berkshire did not purchase any stocks during this period.
Next week’s U.S. election will be in the spotlight, with market participants in a state of uncertainty as it is unclear whether conclusive results will be announced immediately after polls close on Tuesday night. Meanwhile, central banks will also be in focus; the Reserve Bank of Australia will announce its monetary policy on Tuesday, followed by the Bank of England and the Federal Reserve on Thursday.
Additionally, markets await the release of the U.S. ISM Services PMI on Tuesday, weekly jobless claims data on Thursday, and the preliminary University of Michigan consumer sentiment index on Friday. These data points could significantly influence market direction during this crucial week.
Nick Timiraos, an economic analyst from The Wall Street Journal, believes the U.S. jobs report will not significantly alter expectations for a 0.25% rate cut by the Federal Reserve.
JPMorgan analysts suggest that if Trump wins the election, more expansionary fiscal policies will be implemented, which could increase the budget deficit and inflation. As a result, the Fed may pause rate cuts. Conversely, if Kamala Harris wins, the economy is expected to continue its slow and steady path, and the Fed would likely proceed with a rate cut in November; however, with a Trump victory, this cut may be halted in December.
NAS100 View!!Amazon.com
AMZN
rose 6.2% after it reported earnings on Thursday that revealed strong retail sales, boosting profit above Wall Street estimates.
Meanwhile, Apple
AAPL
fell 1.2% as investors worried about a decline in its China sales during its most recent quarter.
Other so-called Magnificent Seven members Meta Platforms
META
and Microsoft
MSFT
also reported earnings earlier this week and warned on AI-related infrastructure costs, dragging the Nasdaq
IXIC
down on Thursday.
NAS100 1hr FVG identified. Previous day's low could be taken out and look for MSS to the upside and enter for longs.
US100-bearish bias Bearish indications:
Bearish divergence in day time frame.
Moving average indicates bearish move.
Bearish engulfer candle from resistance.
Trend line resistance respected at 20108
LLLH formation.
Support broken at 19938
Resistance respected at 20146
Bearish divergence in 15 min time frame
Bullish indications:
Trend line resistance is broken
In 1 hr moving average is getting respected to red green candle. But it cannot be trusted.
Bearish set up from the resistance at 20150 or 20310 which is also fib 0.618 once the formation of bearish chart patterns.
NAS100 - Is Optimism Faltering, or a Healthy Correction?20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Market Structure Support/Resistance - Green/Red Dashed Lines
Your interest motivates me:
If you find my analysis helpful, please boost and follow me for future analysis at your service.
How I see it:
First a correction attempt, then continuation of the red game.
If 19600 confluence of support holds, we might see a short-term bullish reversal.
KEYNOTE:
This is NFP DAY!!, make sure you check your calendar before each session always!
I deeply appreciate you taking the time to study my analysis and point of view.
Downside unfolding in NASDAQ 100NASDAQ:NDX has finally started giving confirmation of downmove with weekly negative close and a strong bearish engulfing. We might see a pullback in wave 2/B early next week after which downmove should continue. Watch the video for levels and more details.
NASDAQ Bottom of the Megaphone.Nasdaq is trading inside a Megaphone pattern on the (1h) time frame.
The price is very close to its bottom, which starts to signal a buy.
Each of the previous two bottom rallies, hit at least the 0.786 Fibonacci level.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 20450 (litle under the 0.786 Fibonacci level).
Tips:
1. The RSI (1h) turned oversold. A strong buy indicator.
Please like, follow and comment!!
NASDAQ is Approaching An Important SupportHey Traders, in today's trading session we are monitoring NAS100 for a buying opportunity around 19600 zone, NASDAQ is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 19600 support and resistance area.
Trade safe, Joe.
US100 Trade LogTrade Setup (31/10/2024) - US100 Long in 1H FVG
1. Setup: Enter long within the 1-hour Fair Value Gap (FVG), which serves as a potential demand zone for an upward move.
2. Entry strategy:
- Target: 1:2 RRR.
- Risk: 1% of account.
- Confirmation: Look for bullish reversal patterns, such as a strong rejection wick or bullish engulfing candle, within the 1H FVG to confirm entry.
3. Stop-loss and take-profit:
- Place stop-loss just below the lower boundary of the 1H FVG to limit downside risk.
- Set take-profit at twice the distance of the stop-loss for a 1:2 RRR.
4. Additional considerations:
- Be aware of market-moving news or data releases that could impact US100 volatility.
- Ensure price action within the FVG indicates strong buying interest before entering.
This setup aims to capitalize on potential bullish momentum within the 1H FVG as a support zone.
US100 ALMOST RIGHTWe got the move perfectly right, only we thought it would happen an hour later for the 15:30 session ;
now it is aiming at a conglomeration of KL and trend limits, meaning it will bounce hard at 15:30 when it finally reaches the limit ;
be advised.
PROGRESS ON THE NASDAQ SHORTSNAS100 4H - Who watched this weeks Sunday Sessions video? If you did then you would know that I was looking to short this market this week and as you can see price has played out exactly as we had predicted.
A huge well done to anyone who got themselves in shorts this week with this market, I feel this bearish pressure is going to be here to stay, we may see some sort of correction initially before a further down move.
Now that price has broken structure on the 4H timeframe to the downside we have higher timeframe confluence to suggest further bearish structure, we should now be looking for areas of Supply to add to our shorts from.
The best thing we can do is look at the previous impulsive wave that broke the structure for areas of Supply, this is where price will pullback up and into to set a lower high before the new lower low.
USNAS100 / NFP With bearish volatility Technically :
The price has dropped precisely as anticipated. It is now expected to reach 19860, with a stabilization below 20008 level likely extending the decline toward 19740.
Bearish Scenario: While trading below 20000, the price may attempt to reach 19860 and 19740. A break below 19740 would pave the way for further declines toward 19520.
Bullish Scenario: Stabilization above 20020 would open the path to 20240. Further strength above this level could create a bullish zone targeting 20420.
Today’s market is expected to be highly volatile due to the release of the NFP, Unemployment Rate data, and earnings reports, which will likely have a strong impact on indices.
Key Levels:
Pivot Point: 20020
Resistance Levels: 20125, 20240, 20330
Support Levels: 19860, 19740, 19520
Trend outlook:
- Bullish above 20125
- Bearish below 20020
previous idea:
US100 Trade LogTrade Setup (30/10/2024) - US100 Long on 1H FVG with Market Open Liquidity Grab
1. Setup: Enter long within the 1-hour Fair Value Gap (FVG) if there is a wick rejection signal on market open, suggesting a liquidity grab.
2. Entry strategy:
- Target: 1:2 RRR.
- Risk: 1% of account.
- Confirmation: Look for a sharp wick into the FVG at market open, showing a liquidity grab and immediate recovery back into the zone.
3. Stop-loss and take-profit:
- Place stop-loss just below the wick low to protect against further downside.
- Set take-profit at twice the stop-loss distance, aiming for a 1:2 RRR.
4. Additional considerations:
- Be mindful of volatility and spreads at market open.
- Ensure wick rejection confirms strong demand within the FVG before entering.
This setup aims to capture upside momentum following a liquidity grab at market open, using the 1H FVG as a support zone for entry.
