USTEC trade ideas
US Nas 100 another month drop?Hey traders
We have US Nas 100 here, nas is looking to sell down still for another month id say, so I will be looking to take a sell position on nas to take to the demand zone I have marked off on chart, I will update accordingly and will only be placing a buy limit if my trading criteria is met.
Would be great if you could leave a comment or liked and followed cheers.
This chart material is for educational purposes only / Demo account should be traded only.
“The Nasdaq Index Extends Losses”In the U.S., the JOLTS job openings decreased by 237,000 in July compared to the previous month, dropping to 7.673 million. This marks the lowest level since January 2021. Following this data, expectations have increased that the Federal Reserve (Fed) could reduce the policy rate by a total of 125 basis points across its three remaining meetings this year. Additionally, the likelihood of a 50 basis point rate cut at the Fed’s September meeting has risen to 45%.
The release of U.S. macroeconomic data, which has triggered recession concerns, has led to increased selling pressure on the indices.
Technically, the Nasdaq index, which has retreated to the 18,780 level, could experience further selling pressure, potentially reaching the support levels of 18,450 and 17,900. In the event of a potential buying movement, if we see a close above the 18,900 level, the upward trend could extend to the resistance levels of 19,520 and 19,970.
LONG IDEAI do not know what will happen as a learner i will just say the market will tell if i am correct or wrong
Nasdaq 100 (CME) may fall to 18530.00 - 18790.00Pivot
19110.00
Our preference lets watch the data released during the US session.
Short positions below 19110.00 with targets at 18790.00 & 18530.00 in extension.
Alternative scenario
Above 19110.00 look for further upside with 19220.00 & 19430.00 as targets.
Comment
As long as 19110.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances
19430.00
19220.00
19110.00
18979.80 Last
18790.00
18530.00
18230.00
Number of asterisks represents the strength of support and resistance levels.
NAS100 TRADE IDEAPrice has reacted on the daily FVG and H4 breaker block.
CRT forming on the daily timeframe
Waiting for CRT on the H4 timeframe
Then CRT or Turtle soup on an even lower timeframe
Nasdaq - Very weak start of the stock market in September!The US100 is below the EMA200 and EMA50 in the 4H time frame and is trading in its descending channel
The index has reached the target of the downward movement of its previous analysis, and you can save a part of your sales position and place your SL in profit
If the index continues to decline towards the specified demand zone, which also intersects with the midline of the descending channel, we can look for buying positions for the Nasdaq index
An upward price correction of the index will provide us with new sales position with a suitable risk reward
USNAS100 /ADP, ISM affect with bullish volume till 19160 THEN...Nasdaq Technical Analysis
The Nasdaq price has stabilized below the pivot line at 18920, signaling a bearish trend, but there is a consolidation zone between 18915 and 19160 will make the price tries to test the 1910 level again, In general stability above 19160 will be an uptrend till 19430, and stability under 18915 will support falling to get 18760 and 18420
Key levels:
Pivot line: 18920
Resistance Lines: 19020, 19185, 19390
Support lines: 18760, 18560, 18420
Range movement will be between 19160 and 18420
The economic reports data Today will impact the NASDAQ market
Trend: Bearish, as long as the price remains below 18920.
Nas100- Lower top in place?In early August, the NAS100 broke below the support line of a channel that had kept the tech-heavy index elevated for nearly a year.
However, after reaching the horizontal support zone around the 17,000 level, the price quickly rebounded and returned to the key 20,000 area. Despite this recovery, the bulls couldn’t maintain momentum, and two days ago, the index once again dropped below the trendline.
These movements suggest signs of weakness, and a further correction may be on the horizon.
I’m looking to sell into rallies around the 19,200-19,300 zone, with a target at the recent low above 17,000.
Nasdaq thoughts 05-Sept-2024Rise and shine, trading community! I'm sharing my Nasdaq trading zones today, loaded with possibilities. Explore these areas for inspiration on opening positions, but please keep in mind they're not trading signals. Use them wisely and at your own risk. Trade smart!
NAS100 sell opportunity sell technical analysis NAS100 sell opportunity sell technical analysis technical showing a sell and also high impact news tomorrow. unemployment claims. check our link in bio for more fire trades
Rotation - Growth Stocks > Value Stocks Growth Stocks:
Growth stocks are shares in companies expected to grow at an above-average rate compared to other companies in the market. These companies typically reinvest their earnings to accelerate growth in the short term rather than paying dividends.
Value Stocks:
Value stocks are shares in companies that appear to be undervalued by the market. These companies typically have stable earnings and often pay dividends. They are often found in more established industries like finance or utilities.
In different economic conditions, one type may outperform the other, leading to rotations between growth and value in the market cycle.
Analysis:
The stock market is currently experiencing a unique situation where major indices like the S&P 500, NASDAQ, and Dow Jones are setting new highs, but this growth is primarily driven by a small number of large tech companies (the "Magnificent 7"). This has led to a significant divergence between growth and value stocks, with growth stocks outperforming.
USTEC (Long)Turtle soup and Smart Money Concept Trading Strategy
The Turtle Soup strategy, however, flips the script, aiming to profit when those anticipated trend.
Linda Raschke’s Turtle Soup strategy is a counter-trend trading approach that capitalizes on failed breakouts.
ENTRY :- SELL -Above opening price (daily) BUY - Below opening price (daily)
STOPLOSS :- above or below recent swing High
1st TARGET :- Book profit 50%
2nd TARGET :- Book profit 25%
3rd TARGET :- Book profit 25%
Consisitency and hard working is the key of success.
KEY OF SUCCESS :-
*) Buy below opening price of Daily Candle AND Sell above opening price of Daily Candle.
*) Do not take risk more than 1% of Equity.
*) Take Profite Should be More then 2% of Equity .
*) Book 50% profit of running trade first and remaining 50% hold for long term.
NASDAQ won't correct again in 2024It has been almost 1 year (October 24 2023, see chart below) when we called for a mega buy opportunity on Nasdaq's (NDX) last bottom:
As you can see, the index started an insane rally sequence right on that weekly candle and didn't correct again that much before the recent July - August 2024 pull-back.
The gains from that bottom buy signal have been almost +50% and as the 1W MA50 (blue trend-line) was tested on the early August Low and held, we expect Nasdaq to resume and maintain the steady bullish trend for the rest of the year.
The next Target before it gives a medium-term correction again in our opinion is 22500, which is exactly on the 1.618 Fibonacci extension from the October 2022 market bottom.
The reason we project this target is because, as you can see on our October 2023 analysis above, we find remarkable similarities between the 2022 Inflation Crisis correction and the 2008 Housing Crisis.
This is what helped us give the mega buy signal in October, because the price formed a 1W MA50/MA100 Bullish Cross, the first since February 2010 and the correction was contained above the 0.618 Fibonacci retracement level. So with the 1.236 Fib already achieved during the current (blue) Channel Up (see how both recovery sequences take place within Channel Up patterns), the next in line is the 1.618 Fib at 22500.
According to all the above, the next time that Nasdaq could correct might be early in 2025.
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NAS100USD / UNDER BEARISH MOMENTUM - 4HNAS100USD / 4H TIME FRAME
The overall trend is downward , until trading below turning level at 19,105 .
The expectation of a decline when prices remain below 19,105 is based on technical analysis principles, where key support and resistance levels play a crucial role in predicting price movements. When prices fail to break above a resistance level like 19,105, it often indicates a lack of bullish momentum, leading to a potential drop towards the next support level, which is identified as 18,699.
If the price falls below 18,699, this would likely trigger further selling pressure, pushing the price down to 18,351. This is because breaking a key support level often leads to an acceleration of the downward trend as traders and investors react to the breach.
On the other hand, if the price manages to close above 19,105, especially on a 4-hour or 1-hour chart, it suggests a possible shift in market sentiment. This close above resistance would signal that the bulls are regaining control, and the price could then move upward towards the next resistance levels at 19,538 and 19,906. This scenario reflects the importance of monitoring key levels and timeframes to anticipate potential trend reversals.
KEY LEVELS :
TURNING LEVEL : 19,105 .
RESISTANCE LEVELS : 19,538 , 19,906 .
SUPPORT LEVELS : 18,699 , 18,351 .
Alpha Ai Reversal: A High-Performance Strategy with 412% ReturnsKey Highlights: NASDAQ:NDAQ
Net Profit:
A solid $82,516.99 USD profit , reflecting a gain of 412.58%. This showcases the strategy's ability to multiply capital impressively over time.
Total Closed Trades:
157 trades have been completed, indicating a good amount of market engagement, providing ample data to gauge the strategy's reliability.
Percent Profitable:
A high success rate, with 79.62% of trades closing in profit . This means nearly 8 out of 10 trades are winners, a confidence booster for any trader!
Profit Factor:
A profit factor of 3.296 indicates that for every dollar lost, the strategy earned over three dollars. This is a strong indicator of risk/reward management.
Max Drawdown:
The maximum observed drawdown was $13,564.86 USD, or 50.61%. While this is on the higher side, suggesting periods of significant losses, the overall profitability more than compensates for this.
Average Trade:
The average trade brought in $525.59 USD, representing a 1.14% gain per trade. This consistent performance adds up over time, as seen in the cumulative profits.
Average Number of Bars in Trades:
Each trade lasted an average of 17 bars. Given the 8-hour timeframe, this means trades were typically held for about 5-6 days, balancing between quick profits and sustained positions.
The strategy seems well-calibrated for traders looking for high probability setups with significant profit potential. The strong profit factor and percentage profitability are particularly appealing, suggesting a strategy that can consistently outperform the market, even if the drawdowns require a strong stomach.
For those willing to ride out the occasional rough patch, the Alpha Ai Reversal strategy offers a compelling balance of risk and reward, promising attractive returns in the long haul. This strategy could be a game-changer !
NAS100 Outlook💹 Indices:
📉 Bearish Outlook:
Indices has been breaking into new lows on our 5hr, 30m, and 5m time frame.
Context time frame (5hr): Price has been surfing below the 10ema and is showing strength.
Context time frame (5hr): Price is pulling back into the 10ema and is showing a valid pullback.
I am interested in price if we show strength to the downside under the EMAs for a possible entry on our 5m time frame.
Nasdaq100 High risk LONGIdea in Progress: Noticing that during the Asian and London sessions, the price hasn’t made a new low, I see potential for an upward move. Given that the price is currently within a bullish 4H FVG, there’s a chance it could rise toward the bearish 4H FVG created yesterday before resuming its decline.
Trade Management: I'll take profit at the first swing high and then move my stop loss to break even.
Risk: 1%
Risk-Reward Ratio: 4.34
NASDAQ Technical Analysis.Weekly - Bullish - Price is above the trend-line (Grey)
Daily - Bearish - Price is above the trend-line (Blue)
4 hour - Bearish - Price is above the trend-line (Green)
30 mins - Bullish - Price is above the trend-line (Yellow)
I have opened one trade to the upside risking 1%.
This is not a financial advice just the way I trade and on how I’m see the markets.
short term bullish runwe are taking longs based on the LTF's signaling the DXY weakness and keeping in mind the selling pressure that is present within the market. This is a counter trend trade and risk management must be used.
NDXRegarding the Nasdaq, I expect the index is currently heading towards an excellent support level and may rebound from it at 18,689. However, if it breaks this level and closes below it, 18,689 will become inevitable.
