US100 o heading 23000Based on Elliot wave , we are in the Wave 5. Seems like the price will break 23000. Longby skvkeloth1
NAS100USD: Targeting Liquidity in Discount PricesGreetings Traders! In today’s analysis of NAS100USD, bearish institutional order flow remains dominant, characterized by a sustained downtrend and multiple bearish breaks of structure. This bearish momentum presents clear opportunities to capitalize on selling setups. Key Observations: 1. Premium Price Retracement: Price has retraced into premium levels, where premium buy stops were taken. At these levels, institutions likely entered sell positions against willing buyers, a process known as order pairing. 2. Liquidity Targeting: Institutions that sold at premium prices will aim to book profits at discount prices, targeting sell-side liquidity pools. This aligns with the fundamental principle of selling in premium zones and taking profits in discount zones. Trading Strategy: Entry : Seek confirmation in premium price zones before entering sell positions, ensuring alignment with institutional order flow. Target: Focus on the liquidity pools in discount price zones as the primary profit-taking objective. If you have any questions, insights, or analysis to contribute, feel free to share them in the comments. Let’s collaborate, learn, and succeed together! Kind Regards, The ArchitectShortby The_Archi-tect2248
NASDAQ: Bullish until March 2025.Nasdaq is overbought on the 1D timeframe (RSI = 72.532, MACD = 396.420, ADX = 56.355) and is about to do the same on the 1W as well (RSI = 69.424). This is because the Bull Cycle is on full extent. However, in anticipation of Q1 2025, we are entering the final phase of the Cycle. This is a Top sequence that we've seen three time before in the last 10 years. The early signal for this is when the 3W RSI forms overbought (RSI > 70.000) LH. Each time that happened, the index had a sharp drop to at least the 3W MA50. TP = 19,000 could be an early target. See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope8833
US 100 US 100 trade. I think Christmas week will be bull trend so I'm targeting a 1/2 rr all time highLongby REnastere0
My McClellan Oscillator Graph - Up or Down in the Markets?This is a huge factor to watch, something to consider, Santa Claus Rally expected, or not? I have had many financial analysts for decades always point out this chart when the markets seem toppy or indecisive. The Dow has closed 9 days in a row, first time since the 70s, that's quite interesting, let's watch to see if the theory behind this indicator proves we are in for a rally as I expect. The markets always tend to go higher more than one might think.Longby Trance-Man0
CHART BREAKDOWN NASDAQ: Key Levels, Targets and Thoughts!Brief Description🖊️: The chart provides insights into critical market levels, emphasizing 1 essential demand zone: low-risk buy spanning from 21,700.00 to 20,660.00, respectively, is highlighted. Things I Have Seen👀: Important Demand Zone🟢: Identified between 21,700.00 and 20,660.00, serving as a low-risk buy. Bearish Targets📈: 21,800.00: Possible retracement area. 21,950.00: Possible retracement area. 22,200.00: Liquidity Area. What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.Longby T4X_Trading4
Elliott Wave Analysis and Fibonacci Projections for US 100CAPITALCOM:US100 The Elliott Wave Theory identifies 5 impulsive waves in the direction of the trend, followed by 3 corrective waves: Impulse Waves (1-2-3-4-5): Main trend movement. Corrective Waves (A-B-C): Countertrend correction. 2. Detailed Analysis of Observed Waves Wave 1: Initial Upward Impulse Definition: This is the first wave that initiates a new trend, driven by optimistic investors. Key Level on Your Chart: The bottom of Wave 1 is observed at 21,571.8, marking the trend’s starting point. Wave 2: Correction of Wave 1 Definition: This wave corrects a portion of Wave 1, typically between 38.2% and 61.8% of Fibonacci retracements. Interpretation: The correction does not breach the starting point of Wave 1. Observation: Wave 2's correction stays above the critical support. Wave 3: Strongest Impulse Wave Definition: This is typically the longest and strongest wave, often extending 1.618 times Wave 1. Key Features: It surpasses the high of Wave 1 and creates a significant trend move. Key Level on Your Chart: The peak of Wave 3 is at 22,133.4, confirming a strong upward move. Wave 4: Intermediate Correction Definition: Wave 4 corrects part of Wave 3 but does not overlap with Wave 1’s territory. Typical Retracement: Between 23.6% and 50% of Wave 3 (Fibonacci levels). Observation: The low of Wave 4 is seen at 21,946.8, aligning with a retracement between 38.2% and 50%, indicating a moderate pullback. Wave 5: Final Impulse Wave Definition: This wave continues the trend but is usually weaker than Wave 3. Projection: Fibonacci extensions project Wave 5 to end around 0.618x or 1.0x of the distance between Wave 1 and Wave 3. Key Level on Your Chart: Wave 5 is projected to reach 22,400 (based on a 61.8% extension). 3. Fibonacci Levels and Wave Validation Fibonacci Retracements: Wave 2: Corrects 38.2%–61.8% of Wave 1. Wave 4: Corrects 23.6%–50% of Wave 3. Fibonacci Extensions: Wave 3: Often extends 1.618x the length of Wave 1. Wave 5: Projected at 0.618x or 1.0x the total move of Wave 1–3. 4. Validating the Elliott Wave Scenario To ensure the waves on your chart follow the Elliott Wave principles: Wave 2 does not retrace more than 100% of Wave 1. Wave 3 is not the shortest of the three impulsive waves (1, 3, 5). Wave 4 does not overlap the territory of Wave 1. 5. Observations and Projections Based on your key levels: Wave 3 successfully formed a strong impulse at 22,133.4. Wave 4 retraced to 21,946.8, aligning with Fibonacci retracement levels. Wave 5 is projected to reach approximately 22,400, based on the 61.8% Fibonacci extension. 6. Recommendations Monitor Fibonacci levels to confirm Wave 5's target near 22,400. Use indicators like RSI or MACD to detect divergences, signaling potential Wave 5 exhaustion. Validate Elliott Wave rules to avoid misinterpretations.Longby TrwinUpdated 115
PULLBACKS today into tomorrow FOMC Market opens lower, looking for PULLBACKS or best positioning into end of the weeks possible rally. retest the 50s and even rejection of the 618 for best positioning of course waiting on some price action signals.by EbonyPips1
NAS100USD 1)Shorting NAS100USD,pivots strategy shows its at a resistance area/level 2)trend analysis show it at key area to of resistance aswell Shortby MR_US30_ZAR1
Nasdaq 100 Reaches Record HighNasdaq 100 Reaches Record High On 29th October, analysing the Nasdaq 100 (US Tech 100 mini on FXOpen) chart, we: → Drew a blue upward channel relevant for 2024. → Noted that the price was in a consolidation phase (indicated by narrowing purple lines) at the channel's median, suggesting a potential balance of supply and demand forces. → Warned that earnings season could trigger a volatility spike. → Suggested that the price was likely heading toward a new all-time high. Since then: → Amid company earnings reports, we observed a volatility spike in November, which was further amplified by the release of US presidential election results. → The index achieved a new all-time high. The Nasdaq 100 (US Tech 100 mini on FXOpen) chart shows that the index surpassed the $22,000 level for the first time yesterday. This was supported by positive trader sentiment ahead of tomorrow's Fed interest rate decision. According to Forex Factory, the rate will be cut by another 25 basis points (returning to the February 2023 level). Meanwhile, the technical analysis of the Nasdaq 100 (US Tech 100 mini on FXOpen) reveals that: → The price has approached the upper boundary of the upward channel, which could serve as strong resistance. → Since early December, the index has risen by approximately 5.5%, and the RSI indicator has entered the overbought zone for the first time since July. Under such conditions, bulls may struggle to continue the upward momentum, as more investors might look to lock in profits ahead of the holiday season. Additionally, the market's reaction to tomorrow's Fed interest rate release at 21:00 GMT+2 may play a key role. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen2222
Approaching important resistance -161.8% (LOG)We are closing on important channel resistance and 161.8 extension from the previous high in November 2021. RSI 14 shows close to overbought. I expect a strong and healthy pullback to the bottom of the channel, but this correction could take a long time and drag to 2026.Shortby matejmn2
iamtradingdon | NAS100 Market Daily Technical AnalysisWhile NAS100 CAPITALCOM:US100 continues to display a bullish trend, I closely monitor indicators suggesting a likely bearish shift. The price has been rejected by an uptrend line, marking this area as a significant institutional resistance zone. If the price drops and a bearish candle closes below 22180, I will establish my target at 21800.Shortby iamtradingdon1
A nice double top forming for a quick short on the NAS100I have seen an impulsive bullish move that has created a nice double top pattern. I will look to enter this trade on the break of the neckline for a 1:1 RR. The previous price action is nice and clean with no support or resistance in the way of pattern completion. Shortby andyharris840
Actionable Nasdaq insights: 17- Dec-2024Rise and shine, traders! Start your day with actionable Nasdaq insights. Let's grow your skills together, one chart at a time. 06:56by DrBtgar3
NAS100 UPDATE - Severe Divergence20SMA - Blue 200SMA - Pink Key Confluence Areas - Grey Lines Market Structure Support/Resistance - Green/Red Dashed Lines Dear Friends: (Away from charts) It will be prudent to give your mind, body and soul a good rest, to recharge for the new upcoming exciting year! How I see it: Keep in mind NASDAQ is seriously diverted on all Time Frames! "BAKED IN" Rate Cut Bets = Institutions Maximizing Profits Strong bullish price action with no selling resistance Bull Imbalances all the way! How far can bulls drive it up, who knows? All I know for a fact is that Nasdaq is in "SEVERE" overbought territory! Keynote! The 1HR TF gives me the best view of only the tip of the iceberg of the scale of the 1st divergence level. Please examine your RSI on all TF's, from 1Hour - 1Month closely I deeply appreciate you taking the time to study my analysis and point of view. Shortby ANROC4
NAS long range snapshotThe NAS continues to follow the long range forecast projection since earlier in 2024.by Ozind0
Nasdaq 100: Sustained Uptrend with Strong Momentum SignalsChart Analysis: The Nasdaq 100 has maintained a steady uptrend after rebounding from its August low, respecting a rising trendline (black) and staying above key moving averages. Here's a breakdown of the key observations: 1️⃣ Trendline Support: The price has respected the ascending black trendline, acting as dynamic support during pullbacks. This showcases strong bullish commitment. 2️⃣ Fibonacci Projection: The price is approaching the 161.8% Fibonacci extension (around 22,694), a potential area for traders to watch closely for reaction. Extensions like this often serve as resistance in trending markets. 3️⃣ Moving Averages: The 50-day SMA (blue) remains upward sloping, while the 200-day SMA (red) confirms a long-term bullish structure. Price action staying well above these averages signals continued strength. 4️⃣ Momentum Indicators: RSI: Nearing 70, indicating strong momentum, though traders may watch for overbought signals. MACD: Bullish crossover continues, with rising histogram bars suggesting increasing buying pressure. What to Watch: Whether the price can sustain momentum towards the 161.8% Fibonacci extension level (~22,694). A healthy pullback towards the trendline or the 50-day SMA could offer clues for continuation patterns. Momentum indicators may warrant attention for short-term overbought conditions. The Nasdaq 100 remains firmly in an uptrend with bulls firmly in control. A break and hold above the Fibonacci extension would signal potential for further gains. Keep an eye on volume and momentum as price nears key levels. -MWby FOREXcom1
Toward $20576Here we can see the daily ichimoku levels in the 15-minute timeframe and I think that the price could go down to the daily kijun sen level.Shortby trader77974Updated 2
Toward $21828 ?Here is a chart with 2 orange Ichimoku forecast lines, one daily and one weekly. The price is actually above both of them. I drawed the fibonacci extensions and I think the price can go up to $21828 that is the 1.618 fibonacci extension. A first target might be at the 50% between the 1 and 1.618 (1.309 ?) fibonacci level at around $21547. Longby trader77974Updated 5
Us Nas 100Preferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas. With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis. And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.. Enjoy Trading... ;) by sepehrqanbari5
My expectations to Nasdaq!Hello guys, on the chart you will find my target and it could go higher to 22150 but i would say 20000 due that it broke the downtrend purple line My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help. I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.Longby moustafa_mareiUpdated 2212
US 100 Index – Fed to Bring Christmas Cheer or Fear?The US 100 has been on a roll over the last 2 weeks adding around 800 points or about 3.5% since its opening level of 20,950 on Monday December 2nd. This week however, the US 100’s December rally faces a tough test on Wednesday in the form of the Federal Reserve Interest Rate Decision (1900 GMT) and the Press Conference led by Chairman Jerome Powell (1930 GMT). Ahead of these events, it’s not so much the actual interest rate decision that stock index traders are nervous about, as the Fed are widely expected to cut rates another 25bps (0.25%) at this meeting. Their concerns are focused on whether recent resilient US economic data, sticky inflation readings and Trump taking office are enough for Fed policymakers to feel the need to slow the pace of rate cuts as markets move into 2025. Constituents of the US 100 index, often known as growth stocks, can be more sensitive to US interest rate changes, so this latest Fed meeting may have important implications for the US 100 index. This could well determine if the Tech sector is to see Christmas cheer in the shape of a ‘Santa rally’, or if the Fed Grinch is set to install fear and uncertainty into traders during the final 2 weeks of 2024. Technical Backdrop: Of course, it has already been a strong advance since the August 5th spike low, but what are the levels we can monitor into and over the announcement? Resistance Points to Watch While it has been a positive pattern of higher highs and higher lows in price for the US 100 index, resistance has been found at the trendline connecting highs since August 1st, which continued to limit last week’s attempts at strength. This line starts the new week at 21833, and the daily closing defence of this level will be watched closely. Successful closing breaks above this level, while not a guarantee of future price strength, may see a further phase of upside moves, once again pushing into uncharted territory of new all-time highs. Fibonacci extension measurements of the November 11th to November 19th correction, offers a possible first resistance level after the trendline, marked by the 38.2% extension at 22151. This may prove to be a stumbling block to any future advance, but if breached price activity could possibly test 23010, the higher 61.8% level. Support Levels If corrective themes emerge either into, or after the Fed announcement, a first support level to focus on could be 21286, which is equal to the 38.2% Fibonacci retracement of November 19th to December 13th strength. While this type of level has in the past limited price weakness, it may not again, but traders could be looking for this area to limit declines once more. If this first retracement support is unsuccessful in holding any weakness in price, the uptrend connecting the lows since August 5th downside extremes, currently stands at 21111. In the past this level has been able to hold and reverse selling pressure, so daily closes below this level, may be a sign of further price weakness materialising. The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted. by Pepperstone13
Nasdaq Intraday Review - Monday 16 Dec 2024I trade Nasdaq exclusively Trading in GMT time zone Sharing my post day review and analysis in case it can help you! Did my analysis at +- 5:30 am GMT (00:30 am EST) Economic news - None, FOMC this Wednesday News - None Directional bias - BUY, Nasdaq is bullish overall so want to trade with the trend - "The trend is your friend". Morning analysis: M TF - Very Bullish, large green candle in formation W TF - Very Bullish, large green candle in formation D TF - Friday's candle closed in a rough doji candle formation which could signal that bulls are running out of steam to push price higher. But the candle did close green higher than the previous D highest candle close. So bulls did manage to break the resistance of the previous Day's highest close. I took this to be a bullish signal. 4H TF - Price gapped up as extended hours started trading today. Bulls pushed upwards and when I opened my charts there were a few red candles on the 1H TF. 1H TF - Noted a temporary downtrend line formed (marked in turquoise). Noted 2 x interest areas / areas of confluence (marked in green highlight): 1. Top green area = 1H + D + 4H fib levels + Day pivot point. This represents time frame confluence and a great area of reversal. 2. Bottom green area = 4h EMA (at some point this morning, it has now moved due to passage of time) + 4H + D 0.618 fib level. 4H fib drawn from swing low at A. to swing high at B. 1H fib drawn from swing low at C to swing high at D. As the day progressed: Price started reacting to the top highlighted green area, until a DB formed on the 15min TF, signalling that price was ready to move up. Entered in the green candle close at the hand icon, which represents a nice momentum candle + breaking the temporary downtrend line. Confirmations: 1. Market pattern - DB on the 15min TF = reversal pattern in the direction I want 2. S&R - DB formed above the pivot point + 1H EMA providing dynamic support 3. Trend - Temporary downtrend line broken and trade is in the overall direction of the market 4. Fib - Price reacting to 1H + 4H + D fib levels representing strong TF confluence 5. Candlesticks - DB neckline broken with a strong momentum candle on the 15min TF Mental SL placed at half the height of the 15min DB (marked with the think pink line). Price moved up nicely and I took partial profits at the top hand icon at 1'725 pips, which represented the TP1 of the 4H / D fib extension (as shown). Holding the rest until candles give the indication to close eg. DT forming on the 15min TF, with neckline broken down. Easy peasy day at my trading desk - wish every day was this easy! :) Hope you had a good day! Abbreviations: TF = timeframe TP = take profit 1H = 1 hour 4H = 4 hour D = day W = week M = month S&R = support & resistance H&S = head & shoulders EMA = exponential moving average SL = stop lossby Jinxx84222