London Session Recap - NAS100NAS100 Breakout Setup Took 1 trade in London session.06:52by nohypetrader4
U.S. Futures Plunge on Recession Fears (USNAS100)U.S. Futures Plunge Nearly 4% Amid Recession Fears and Global Market Sell-Off 1. Nasdaq Technical Analysis: Last week, the Nasdaq saw a decline of approximately 10.5% due to investor fears of a recession and geopolitical tensions. Outlook: The bearish trend is expected to continue towards 17,360 and 17,020 as long as the price remains below 17,875. Bullish Scenario: A reversal is anticipated if the price rises above 17,875 and closes a 4-hour candle above this level, targeting 18,150 and 18,430. Bearish Scenario: If the price trades below 17,775, it is likely to drop to 17,360 and 17,000, potentially breaking 16,990 to reach as low as 16,420. Key Levels: - Pivot Line: 17750 - Resistance Levels: 17870, 18140, 18430 - Support Levels: 17370, 17050, 16500 Today's Expected Range: The price is anticipated to fluctuate between the support at 16,990 and the resistance at 17,880. -------- 2. U.S. Futures Plunge as Recession Fears Grip Investors U.S. stock index futures tumbled on Monday, with Nasdaq futures falling nearly 4%, as recession fears spread through global markets. The stock markets across Asia and Europe experienced significant declines, and bond yields fell as investors flocked to safe-haven assets. Many are betting that the U.S. Federal Reserve will need to cut interest rates quickly to stimulate growth. All megacap and growth stocks, which had been the main drivers of the indexes reaching record highs earlier this year, dropped sharply in premarket trading. -------- Previous idea: Shortby SroshMayi10
nasdq 100CAPITALCOM:US100 SELL: 18776 this is bearis scenario but for this day i would expected some trades buy my prediction for this day is 2 -3 % up for long and after this tap from the tredn line , we will expected short big short publisher : unknown _ Shortby fotbalistarb0
A Scalping BuyLooking for a Retracement around the demand area FOR a nice few pips in regard to a possible MSS shift for a retracement wave, shalomLongby Frico_NR5
NAS100USD (STRONG BEARISH ) (4H)NAS100USD Tendency , the price is under bearish pressure , until trading below 18,912 . TURNING LEVEL : the price of this level at 18,912 , so as long as the price trade below this level indicates likely to reach a support level (1) , but if the breaking by open 4h candle above this level reach a resistance level (1) . RESISTANCE LEVEL (1) : this level around 19,237 , for reach this resistance level the price need breaking turning level , indicates have good selling in this level . RESISTANCE LEVEL (2) : around 19,638 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1). SUPPORT LEVEL (1) : this level around 18,481, for reach this support level the price need stabilizing below turning level , indicates have good buying in this level . SUPPORT LEVEL (2) : support level at 18,239 , for reach this level will be breaking by open 4h candle below support level (1) . CORRECTIVE : the price corrective at 18,912 , before dropping . PRICE MOVEMENT : currently price 18,582 ,my be the price first thing corrective turning level , as long as until the price trade below turning level at 18,912 , it will be trying to reach support level (1) , breaking this level by open 4h or 1h candle above this level , indicates to reach a resistance level (1) . TARGET LEVEL : RESISTANCE LEVEL :19,237 , 19,638 . SUPPORT LEVEL :18,481 ,18,239 . Shortby ArinaKarayiUpdated 7
NASDAQ erased 3 months of gains. Is this a Bear Market?In early E.U. session today the Nasdaq futures (US100) reached a level that was last seen on April 25, essentially erasing market gains of more than 3 months! By doing so, it hit the 1W MA50 (blue trend-line) for the first time since the week of March 13 2023 (almost 17 months). That is the strongest long-term Support for the index and technically what potentially separates a long-term rally from a long-term correction phase. What matters here is the 1W candle closing. As long as the weekly candles close above the 1W MA50, the long-term bullish trend is maintained. Last time the index closed a week below the 1W MA50 was on January 17 2022, it extended the bleeding to the 1W MA100 (green trend-line). What confirmed the new Bear Cycle was the failure to close a 1W candle again above the 1W MA50, even though it broke 4 times (January 31 - April 04 2022). Since Nasdaq's long-term pattern remains a Channel Up anyway (since the October 10 2022 market bottom), if it holds and keeps closing above the 1W MA50, we expect a new +47% Bullish Leg (the previous two have been +48% and +49% respectively), which gives a long-term Target at 25400. If however the index closes below the 1W MA50, we expect at least a 1W MA100 test, giving a rough Sell Target at 15500 (could be a little higher though). Further selling and a potential new Bear Cycle, will be confirmed only by a failure to recover and close above the 1W MA50 again. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShot28
NAS100 is BearishA bearish divergence seems to be at play here, not only the previous higher low is broken, but also the ascending trendline indicating that bears have assumed control of the price action. If freshly printed lower low is broken, we can expect more bloodbath in coming days. Targets are mentioned on the chart. Shortby Fahad-Rafique0
Nasdaq Thoughts 05-Aug-2024HELLO Everyone! Please find my NASDAQ market analysis for today below. As a price action trader, I encourage you to compare my charts with yours and use my insights to enhance your skills. These videos are designed for educational purposes only, not as trading signals. My goal is to help you grow and become a proficient trader.02:41by DrBtgar4
Will it be worse? Is the sky falling?Indices will likely approach 2 standard deviation by end of Monday. VIX's deviation is bent farther than that. There's very little signs of letting up. But if the market were to find a bottom, it would likely do so on Tuesday or Wednesday. Look for RSI to show strengthening and entries on Thursday/Friday. If we take a step back, markets should finish the year stronger. Job, liquidity and consumption all point to the markets moving higher by the end of the year. Bottom line, look for opportunities for longs at the bottom half of the week if RSI shows strengthening.Longby KJKaramay110
BUY idea on US100Based on Fibonacci, Major trend and KUNTA pattern Price is between (18373.7-18221.9) Stop loss at 17633.5 Targets are 18912.9, 19534.1 and 20121.5 Longby ChessCryptoUpdated 4
NASDAQ 8/5/2024 am currently bearish on the NASDAQ and am closely monitoring critical support levels that indicate the conclusion of Internal Wave 5. We anticipate a potential rally on the buy side, specifically in Internal Leg 4, which may take the form of patterns such as ABC, WXY, or Flat before a reversal and continuation of the primary downtrend. The current market confluence suggests that we are in the Accumulation Phase B stage. Therefore, entering a buy position without further confirmation carries significant risk. A more prudent strategy would be to consider buying NASDAQ either by or after we move into Phase C of the schematic. I am seeking a more favorable price point to initiate a sell position. It is important to note that several factors must align before taking a sell position above Buy Side Leg 4. This week, the market may experience an upward correction. I will wait for a reaction before considering any counter-trend buy positions. At the current price level, I am not inclined to sell due to a substantial invalidation point and an unfavorable risk-reward ratio. Once the invalidation point is established, I will evaluate potential slow corrections to inform a counter-trend buy decision.Shortby spacedevil0
Asia Session Recap - JP225JP225 Breakout Setup Took 2 attempts at this during Asia session.09:10by nohypetrader114
NDX KYE LEVELSExplanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and exit points - In this pair of lines with two colors are given (RED AND GREEN) - In this the GREEN line is used to take long entry and the RED line is used to take short entry (But it is all based on a more conformation from your trading plan) Stop Loss/Take Profit: Stop Loss - According to this, if you take a long trade, its stop loss will be the RED line just below ( A trade can exit either when the price crosses the RED line or the 5 minute candlestick crosses the RED line. (This can be done according to your preference) ) - A short entry should use the opposite rules to a long entry Take Profit -When you take a long entry according to the profit to be booked is on the next RED line above. ( Or if there are other reasons, it can be a safe exit ) - Opposite rules for booking profit on long entry are to book profit on short trade. ( The GREEN line above is the stop loss of short entry ) Timeframe: According to this, the time frame you should use while taking trades is 15 minutes time frames . (15 minute time frame works well in this) Risk Disclaimer: Leave a comment if you like my entry setup. This share is for educational learning purposes only, and I am not responsible for your profit or loss. Note: For more details, check the chart.by nandupk0
NAS100 analysis Everything is explained in photo When the first uptrend via H1 is created price will likely create a double top before continuing the true down trend until 17500 atleast NShortby cwealthproject112
NASDAQthis is one of those beautiful set ups that, over and over again, 1st bank accumulated orders for a while that s why price was moving sideways, 2) if it breaks up then were loooking for sells, in this case it broke to the bottom so looking for buys 3) banks then faked out all the sellers, trapping them and wiping them out, 4) banks are in draw down due to a order bock that they have to mitigate before pushing price back up 5) i have 3 entry points to start looking for buys 6) you can target previuos high, so trail it Longby martinale02172
US100 IDEABased on Fibonacci, Major trend and KUNTA pattern, I would like to see price breaks below 18583.3 and head towards (18373.7-18221.9) zone for buy orders. But anything can happen from here since there's Inverted Head shoulder pattern . Longby ChessCryptoUpdated 4438
NASDAQ 100 ShortFollowing the news last week, I do anticipate that this index will continue with its bearish momentum as we look to test the 0.382 Fib level at 16800. There will be a follow up analysis using a shorter timeframe so that we can have a clear entry position. Shortby Vapari_Inc3
NASDAQ(US100) Long ideaprice pulled back into demand zone that was created after a break and retest sometime in March which now concise with SnR zone in this same area. market pulled back to 0.382 fib level which there is additional confluence of channel. Also there is RSI divergence which signify there might be a bullish move soon. WAIT FOR A BULLISH CANDLESTICK PATTERN BEFORE ENTERING THE TRADEULongby Bello-swings0
Nas100 : Are the bulls coming back in?Price has fell hard from July 10th until August 1st. I'm a seller by nature but its crazy to see nasdaq100 dropping like this. Bad news for Us Is affecting some Indices/Futures. Price has broken previous week low (19,748.00) I would like to see a strong rally coming back up for buy above previous week low if not bears will push price down lower around (18,000) Good Luck Traders. by MrVizions_4210
NAS will SellNAS Will Still sell,see chart. My bias is that NAS will still continue bearish .Shortby AngeloftheChurch111
NASDAQ 8/4/2024I am currently bearish on the NASDAQ and am closely monitoring critical support levels that indicate the conclusion of Internal Wave 5. We anticipate a potential rally on the buy side, specifically in Internal Leg 4, which may take the form of patterns such as ABC, WXY, or Flat before a reversal and continuation of the primary downtrend. The current market confluence suggests that we are in the Accumulation Phase B stage. Therefore, entering a buy position without further confirmation carries significant risk. A more prudent strategy would be to consider buying NASDAQ either by or after we move into Phase C of the schematic. I am seeking a more favorable price point to initiate a sell position. It is important to note that several factors must align before taking a sell position above Buy Side Leg 4. This week, the market may experience an upward correction. I will wait for a reaction before considering any counter-trend buy positions. At the current price level, I am not inclined to sell due to a substantial invalidation point and an unfavorable risk-reward ratio. Once the invalidation point is established, I will evaluate potential slow corrections to inform a counter-trend buy decision.Shortby spacedevil111
Buying OpportunityWaiting for a break of the liquidity trendline and only enter on the retest of drawn resister or support price levelLongby Frico_NR6
U.S. Stocks' foreseeable goalsThe most important index for the reflection of the American Stocks market is the SP:SPX , so let's start with it. Unfortunately, now the chart of this index is not rich in models, so the current logic of movements in our opinion is described by the EXP model from July 30 on the daily timeframe👇 As long as the price is below the 4-point level (5 390.95), the target levels are 100% (5 125.93) and 200% (4 873.94). In case the price returns above the level of 4 point and goes beyond the trend line, there will be a second attempt to reach the target resistance level of 5 582.31 - the formally reached target of the impulse of August 1. It is necessary to mention that this pattern, despite being on the daily timeframe - is weak. In addition, let's look at a chart of the NASDAQ:NDX - this index includes the 100 largest non-financial companies traded on the Nasdaq exchange, primarily technology stocks. Consideration of this index is additionally interesting because most institutional managers consider BINANCE:BTCUSDT to be in the technology sector, so NASDAQ:NDX and BINANCE:BTCUSDT is often correlated. First, let's look at the AMEXP model that formed in mid-March 2023 on the weekly timeframe and described the entire uptrend within the 2023-2024 period on this index👇 In this model we are primarily interested in the level of HP (18 289.68), currently acting as an extreme support on the weekly timeframe, and if the price can consolidate under this level, the next support will be the level of 100% (15 891.73). More locally, on the daily timeframe, the current movement is described by the EXP model from July 24, where the price has already reached the first target level of 100% (18 355.48)👇 It is very interesting that now on NASDAQ:NDX the price has settled in the zone of 18 355.45-18 289.68 formed by 100% and HP levels and if we don't see a rebound soon and the price tries to consolidate under this zone, the next target level will be 17 296.42. By the way, we do not exclude that the movement towards 17,296.42 will be accompanied by an attempt of CME:BTC1! to close the CME GEP at the level of $57,805👇 Shortby TSFC3