Nasdaq Market Review: 28-OCT-2024Good morning, everyone! Today's Nasdaq analysis is designed to educate and empower. Use these insights to refine your price action trading strategy.
USTEC trade ideas
NASDAQ100 Plummets! Short Trade Nears Final Target!NASDAQ100 (NDX) Analysis:
NASDAQ100 (NDX) has seen a strong downward trend on the 15-minute chart, with the trade setup delivering impressive results. Targets 1 through 3 have been hit, and the price is closing in on the final TP4 level, making this an ideal short trade for traders leveraging the momentum.
Trade Summary:
Entry Level: 20429.42
Target Levels:
TP1: 20323.94 ✅
TP2: 20153.26 ✅
TP3: 19982.58 ✅
TP4: 19877.10 (nearly hit)
Stop Loss: 20514.76
The Risological Dotted Trendline guided traders perfectly through this short trade, marking a strong resistance level as the index continued its descent.
US100 Trade idea Nov last weekWe can see more volatility next week and we can see big moves ahead of election.
Trade with Sl
Mentioned three Scenarios for trading next week.
NAS100 - LIFE GIVE YOU A SECOND CHANCETeam, NAS100, you know you love it
lets bring it to the moon when the US market open
Entry slowly at 20198-20215
STOP LOSS at 20155
target at 20245-52 - once it hit the target, bring stop loss to BE
Target 2 at 20265-72
Target 3 at 20292-20315
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.
NASDAQ 100 Sinks on AI Cost Woes - Full Target Breakthrough HIT!NASDAQ 100 (NDX) Analysis using Risological Swing Trader:
In the 15-minute timeframe, NASDAQ 100 (NDX) demonstrated a powerful bearish move, with all targeted profit levels being achieved in a swift drop. This short trade setup showed significant follow-through as investor sentiment shifted negatively due to concerns over escalating AI expenses reported by Wall Street's megacaps.
Key Highlights:
Entry Level: 20,429.42
Target Levels:
TP1: 20,323.94
TP2: 20,153.26
TP3: 19,982.58
TP4: 19,877.10
Stop Loss: 20,514.76
Context:
This bearish momentum aligns with Wall Street’s close on a lower note as major tech giants highlighted rising costs linked to AI developments. The day's range fluctuated between 19,880.26 and 20,227.19, underscoring the volatility and risk aversion among investors. The setup capitalized effectively on this negative sentiment, reinforcing the bearish outlook.
Summary:
This trade on NASDAQ 100 hit all targets with precision, benefiting from the broader market's reaction to heightened cost pressures in the tech sector. This downward move underscores the impact of macroeconomic concerns on equity performance, particularly in high-cost sectors like AI.
Liquidity clear Price cleared buy side liquidity now sell side remain along with the Gaps or lines that I drew
USTEC is engulfed in uncertainty ahead of the US election
Stock prices in the semiconductor companies declined after reports that the US government instructed major companies to cut China companies from their supply chains. NVIDIA's gains diminished to a 0.48% increase, while the Philadelphia Semiconductor Index dropped by 0.55%.
Additionally, Warren Buffett's decision to sell US stocks and secure cash negatively affected the overall US index. Berkshire Hathaway reduced its stock holdings from 905 million shares at the end of last year to 300 million shares by the end of September, including a significant sell-off of Apple stocks this year.
USTEC briefly tested 20140 but failed to hold above the 20000 threshold. After slipping back to the channel's lower bound, the index awaits further price triggers. If USTEC breaches the resistance after re-entering the channel, the index may gain upward momentum toward the 20680 high. Conversely, if USTEC fails to enter the channel and retreats to 19700, the index may fall further to the support at 19520.
Nas100 Meltdown *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.
Market Entry
SL: 20,176
TAKE PROFIT: 17,063
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.
NAS100 _ Distribution _ Prices _ Under _ Trading _ Venue _ PeppeNAS100 _ Distribution _ Prices _ Under _ Trading _ Venue _ Pepperstone _ Trading _ Venue.
Coming to the end of Quarter 4 cycle there is not enough data for me to write the numbers, expecting the following!
_________________________
$20,721.0
$20,720.7
Distribution price: $20,982.8
From Distribution price it will drop to the key level of Drop to $19,603.8 , $19,192.1
MARKET STRUCTURE NASDAQ is trading high in which i see a possibility of an exhaustion of the bullish momentum and shift to bearish structure
In this case it has shown weakness in reaching for the previous weekly High
After opening with a gap towards the higs and still not breaking it
possibility of a Lower High forming
and the possible target area for this structure is the previous Higher Low @ 203330.00
SL @ 20550.00
DSEX Upcoming ForecastDSEBD:DSEX is testing a major support & liquidity zone, Expecting a reverse of the Bearish trend soon.
Let's see your idea! comment below.
Nasdaq 2 GAPS downNasdaq is currently showing 2 GAPS in under levels we may see them closer between today or/and tomorrow
Always do your research
Nasdaq US100 - short with Consumer Confidence CB The NASDAQ - US100 is in a very extended uptrend, many gaps to fill below. Already is forming kind of a double top on the higher time frame, expect today a retest of the 21,000 level - and then tomorrow with the event of Consumer Confidence as trigger, a larger drop, and space to the downside, combined until will be clearity who is gonna be the next US President, which means for me - short until 5 th of October.
NAS100 15 MINUTE TIME FRAMESTRONG SUPPLY ZONE
Price has to feel the gap below
Expecting a 2:1 reward,
Let's see!
US100 H2 - Short SignalUS100 H2
Here is Nasdaq, a little different as compared to US30, we have price trading as close to ATH's as you could expect, with a couple of trading tops here from last week. We also saw a huge dump on Friday, that single H2 candle demonstrates a move of 180 points, followed by two more bearish candle closes to end the trading day and trading week.
That being said, markets opened and we gapped upside around +130 points, we have sustained this, just like US30. I'm wondering whether we reject this price level we have indicated at 20,500 price and selloff back down to 20,300 price. Seeing how Nasdaq moves, if it breaks or rejects, may give us a better steer on US30 trading opportunity.
Nasdaq100 ElliotwavesHello everybody. I have been seen this beautiful pattern on nasdaq100. Hope you enjoy it and lets see what is going to happen next...
Pulse of an Asset via Fibonacci: NDX at ATH Impulse Redux"Impulse" is a surge that creates "Ripples", like a pebble into water.
"Impulse Redux" is returning of wave to the original source of energy.
"Impulse Core" is the zone of maximum energy, in the Golden Pocket.
Are the sellers still there? Enough to absorb the buying power?
Reaction at Impulse is worth observing closely to gauge energy.
Rejection is expected on at least first approach if not several.
Part of my ongoing series to collect examples of my Methodology: (click links below)
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place <= Current Example
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: one Ping only
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Ordered Chaos
every Wave is born from Impulse,
like a Pebble into Water.
every Pebble bears its own Ripples,
gilded of Ratio Golden.
every Ripple behaves as its forerunner,
setting the Pulse.
each line Gains its Gravity.
each line Tried and Tested.
each line Poised to Reflect.
every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.
He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.
Ordered Chaos
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want to Learn a little More?
can you Spend a few Moments?
click the Links under Related.
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Trump wins senarioThe election comes and the senario that if market loves the new president ( TRUMP ) so obviously , then the final bull top is gonna happen or bull market starting ?
FINAL DECISION FOR ALL MARKETS
