NQ BULLISHNESS AHEAD . NEW ALL TIME HIGH hello this is my forcast for the upcoming week for nasdaq i wanna see price take out PWHs and onto that imbalance. buy side delivery
NDX trade ideas
Technical and digital analysisWe notice that we are in an upward correction and there is an increase in momentum. We are waiting for sellers to weaken in order to buy,
SELLS ON NAS100Market has reached a pivotal level I'm looking for a break and retest from the trendline to enter i wont rush the trade should be active on Tuesday so be in the look out Mondays are usually slow so no trade on Monday.
Disclaimer: The information provided in this conversation is for informational purposes only and does not constitute financial advice. Always consult with a qualified financial advisor before making any investment decisions. The author is not responsible for any financial losses or damages incurred as a result of following the information provided.
US Tech 100 Index (NASDAQ 100) (Symmetrical Triangle Pattern)Salam,
This is only my personal opinion and forecast for educational purposes only.
In this chart, we are looking at the US Tech 100 Index (NASDAQ 100) on a 4-hour timeframe. Several technical patterns and indicators can be observed:
1.Symmetrical Triangle Pattern
The chart shows a symmetrical triangle, with the price bouncing between a descending resistance line and an ascending support line.
A symmetrical triangle typically signifies a period of consolidation before a breakout. Since this pattern is neutral, the direction of the breakout can be either upward or downward.
2. Current Price Action
The price is currently near the apex of the triangle, where a breakout is imminent. The price is moving towards the resistance trendline.
Volume is low, and the market is consolidating, suggesting a potential move soon.
3. Moving Averages
There are Exponential Moving Averages (EMA) (likely 20, 50, 100, and 200 periods) on the chart. These are often used to gauge the trend direction.
The price seems to be hovering near the shorter-term EMAs (possibly the 50 EMA). If the price stays above the EMA, it could indicate bullish momentum.
4. MACD (Moving Average Convergence Divergence)
At the bottom of the chart, we see the MACD indicator.
The MACD line (blue) is below the signal line (orange), which typically signals bearish momentum, but the histogram shows weakening downward momentum, possibly indicating that the selling pressure is fading.
My Forecast
Bullish Case: If the price breaks out above the descending resistance line (around the 19,500 level), this could trigger a rally. The next resistance would be the prior highs near 20,500.
Bearish Case: If the price fails to break the resistance and instead breaks down below the ascending support line (around 18,700), the price could target lower levels, with support likely at around 17,600.
Since the price is nearing the apex of the triangle, we are expecting a breakout soon. Keep an eye on volume and momentum for confirmation of the breakout direction.
Thank You
Mustaqim Mazuky
Independent Trader /Investor
NASDAQ in a symmetrical patternNDX rallied to the top of this pennant today before close.
The BTC and NASDAQ correlation is pretty heavy in this pattern.
Do we see Bitcoin find a local top soon and range around $61,400-61,800 this weekend? This would allow for a beautiful open Monday morning with both assets in sync heading into the FOMC week.
NASDAQ on the Brink: Major Pullback Ahead? A Look at the Market
Greetings, traders and market visionaries! It’s Lord Medz here once again, and today we’ll be analyzing the NASDAQ and the potential for a massive pullback, similar to what we discussed with the US500. However, this time we’re also going to dive into an important indicator that’s flashing warning signs for the broader economy—the US Treasury Yield Curve, specifically the inversion between the 2-year and 10-year yields.
The NASDAQ is currently at a critical juncture, having completed five supercycle waves according to the Elliott Wave Principle. The market could be on the verge of a sharp correction, and when paired with the concerning yield curve inversion, the stakes couldn’t be higher.
NASDAQ’s Elliott Wave Mega Cycle: Are We Done?
Over the past several years, the NASDAQ has surged thanks to the tech boom, accommodative monetary policies, and investor enthusiasm. However, based on Elliott Wave analysis, it appears that the NASDAQ may have completed five supercycle waves, potentially signaling the end of this massive bullish phase.
Here’s what we’re watching:
Five-Wave Completion: According to Elliott Wave theory, markets move in repetitive wave patterns, and the NASDAQ may have completed its fifth and final impulse wave of the current supercycle.
Retracement Ahead? If we are indeed at the end of this supercycle, the NASDAQ could be on the cusp of a 50%, 60%, or even 70% pullback. This would mean a significant retracement from current highs, potentially wiping out gains made since the early days of the pandemic in 2020.
Potential Pullback Scenarios
50% Pullback: A correction of this magnitude would take the NASDAQ back to levels near 7000-8000, which represents a substantial drop but would still leave the long-term bullish structure intact.
60% to 70% Pullback: In the event of a deeper correction, we could see the NASDAQ falling to levels below 6000, erasing years of gains. This would be similar to the aftermath of the dot-com bubble crash, where the market underwent a severe reset before recovering.
The key levels to watch are 7000, 6000, and the 5000 range. A break below these levels could signal more trouble ahead, and a possible shift in long-term market structure.
The US Treasury Yield Curve: A Key Warning Sign
Adding to the concern is the inversion of the US 2-year and 10-year Treasury yields. Historically, this yield curve inversion is a reliable indicator of a looming recession. Here’s what’s happening:
Inverted Yield Curve: Normally, longer-term bonds (like the 10-year) should offer higher yields than shorter-term bonds (like the 2-year) because investors demand more return for taking on longer-term risk. However, when the 10-year yield falls below the 2-year yield, it signals that investors expect economic trouble ahead.
Recession Indicator: This yield curve inversion has occurred before most recessions in modern US history, including the 2008 financial crisis and the 2001 dot-com bubble. In fact, the yield curve has inverted again in 2023, raising alarms about the possibility of a recession within the next 12 to 18 months.
When the yield curve is inverted, it implies that short-term economic risks are rising, and market participants are flocking to the safety of longer-term bonds. This can lead to tightening financial conditions and a slowdown in economic activity—factors that could heavily impact the tech-heavy NASDAQ.
The Yield Curve and the NASDAQ
The NASDAQ, with its high exposure to growth stocks, tends to be particularly sensitive to changes in interest rates and the broader economic environment. A sustained yield curve inversion can lead to:
Higher borrowing costs for businesses, particularly in the tech sector, which thrives on cheap capital for innovation and growth. Rising rates can squeeze margins and dampen investor enthusiasm for growth stocks.
Decreased consumer spending, as higher short-term rates make borrowing more expensive for households and businesses alike. This can lead to lower revenues for companies, particularly in discretionary and tech sectors.
Recession fears translating into lower stock prices, as investors begin to price in slower economic growth and shrinking corporate profits.
Given these factors, the combination of a completed Elliott Wave supercycle and an inverted yield curve suggests that the NASDAQ may face substantial headwinds in the coming months.
Conclusion: Is a Major Pullback Inevitable?
We are at a critical stage in the NASDAQ’s journey, and the signals are flashing red. With the Elliott Wave analysis pointing to the end of a major supercycle and the inverted US Treasury yield curve signaling potential recessionary conditions, the risk of a major correction seems high.
Whether we see a 50%, 60%, or 70% pullback, the coming months could be pivotal. The yield curve inversion should not be ignored, as it historically precedes economic downturns—and a downturn in the broader economy will almost certainly impact the tech sector and the NASDAQ.
For traders and investors, this is a time to be cautious. As always, it’s essential to manage risk, diversify holdings, and keep an eye on key support levels. A major correction could present long-term opportunities, but only for those who are prepared to weather the storm.
Stay sharp, stay informed, and trade with care.
Peace, Lord MEDZ.
Disclaimer: This blog is for informational purposes only and should not be considered financial advice. Always consult with a financial professional before making any investment decisions.
NASDAQ: Critical breakout ahead that can send it to 22kNasdaq is almost overbought on the lower time-frames but just turned bullish on 1D (RSI = 55.402, MACD = -62.050, ADX = 25.952) and the main reason is that it closed over the 1D MA50 yesterday. This can't be considered a bullish signal on its own as the LH trendline is right over it and is being tested today. If broken, it is very likely to see the next bullish wave of the Channel Up. The previous two waves confirmed the uptrend after a candle closed over the LH.
If that happens, we will aim for a new Channel Up HH at the end of the year, almost at +31% from the bottom (TP = 22,000) like March's High.
See how our prior idea has worked out:
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NASDAQ=> Breakout, 19900 next?Hey Traders, in today's trading session we are monitoring NASDAQ for a buying opportunity around 19300 zone, NASDAQ was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 19300 support and resistance zone. Once we get any bullish confirmation a decent target will be 19900 as it's considered the next major resistance NASDAQ will be facing.
Trade safe, Joe.
UPDATE ON NAS100NAS100 1D - As you can see price has traded perfectly now into this zone, so those of you who bought into this market based on previous analysis I would look to close in profit or take partials and apply safety measures.
We are now wanting to see price either hold from this zone giving us bearish opportunities or trade us through absorbing price up and taking us up and into the zone above in order for us to get involved in longer term shorts.
I wan to see price deliver us with relevant pieces of confirmation before we look to go short, as you all know this will come from structure breaks to the downside, we want to be looking at the fractal structure inside of this correction.
Once price has delivered us with a fractal break of structure to the downside we have the confirmation we need to suggest that the current correction has finished and a new bearish leg is ready to take place.
nas100Preferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas.
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Enjoy Trading... ;)
NAS100 Buy limit orders.Looking forward to place a limit order on NAS100.
Potential trade would be 3R plus, risking 0.5% of the equity.
Limit order will be placed according to the market condition at around ·3:30 -4:00 Pm (UTC +2, timezone)
NAS100 9/13/24💹 Indices:
👁️ Outlook
30m Context Time Frame: Price has been breaking bullish with multiple breaks. During NY I want to see price take out some London Lows before making a continuation higher.
Daly Bias: Bullish
Keeping an eye on this. 👁️
NAS100USD-NQ- UPNQ is still in the Uptrend.
perfect scenario is when retest the Zone, with Confirmation.
Disclaimer ,
This is not a financial advice or any sort of that, this is purely for informational purposes only and is not intended to be personal financial advice.
Trading involves substantial risk of loss and is not suitable for every one.
NASDAQBoth weekly and Daily timeframe concluding that we have a strong Bearish Flag Pattern on both timeframe so strong bearish momentum expected. Expecting TP at 17750.0 as it is nicely aligned with previous structure.
NAS100USD / TRADING BELOW SUPPLY ZONE - 4H NAS100USD / 4H TIME FRAME
HELLO TRADERS
yesterday prices rising +225 pip profit currently trading below the resistance trend line may be rising into supply zone after decline to reach 19,187.
As long as the price remains below 19,954, a decline is expected, with potential targets of 19,187 and subsequently 18,688.
However, if the price breaks above 19,954, the trend is likely to shift upwards, initially aiming for 20,194 and potentially reaching as high as 20,714.
TURNING LEVEL : 19,954
USNAS100 - Key Levels, Retest Potential, and Sensitive Movement Nasdaq Technical Analysis
The price has advanced by approximately 300 pips, as previously noted. It remains on track to reach 19535, after which a significant retest down to 19290 and potentially 19160 is possible before resuming the upward move. Sustained stability above 19535 would further support a rally toward 19680 and 19970.
Key Levels:
Pivot Point: 19535
Resistance Levels: 19680, 19810, 19970
Support Levels: 19290, 19160, 18920
Expected Trading Range Today: 19160 to 19625
Trend: The market is highly sensitive; an uptrend is expected above 19535, while a downtrend may develop if the price remains below this level.
previous idea:
“Nasdaq Continues Its Uptrend”Expectations that the Fed will implement a 25 basis point interest rate cut next week are being maintained. This situation is perceived positively for the indices. By the end of the year, a total rate cut of 100 basis points is almost certain. The CPI and PPI data suggest that the Fed might not need to cut rates as aggressively as the market had anticipated.
Technically, if the resistance level at 19,500 is permanently surpassed, the rise could gain momentum towards the 19,700 and then 19,950 resistance levels. On the downside, if the index falls below the 19,100 level, a pullback towards the support levels at 18,800 and then 18,450 might be seen.
NAS100 1:6RR trade ideaIn the recent rate cuts and CPI news, the stocks have gained impulsively(Technology sector up +6%). The overall trend is still bearish as we expect to see a 7-10% correction in the stock market in September. Currently NAS100 has reached our level of interest(19450), which has been a strong support/resistance level in the past. Here we look for shorts targeting 19250 and 19100. Should we break 19450, we look for buys up to 20k. Will update next week.
As always, trade safe and expect the unexpected.
Fractals Trading Community,
Mei
US100 19.220.6 +2.21% + S&P 500 MULTI TF ANALYSISHELLO TRADERS
Hope everyone is doing great
📌 A look at MULTI TIME-FRAME ANALYSIS on NAS 100 & S&P500.
NAS100 WEEKLY TF
* 2 WEEKS bearish run delivering from the -FVG On the NAS100 & S&P500 from the weekly might have just ran its course.
* With the week opening on a bullish run, looking for that monthly FVG TO HOLD.
* Looking for a bullish week close and continuation with the bulls.
* with a -FVG & -OB looking for a small reversal possibly short term but overall bullish.
* Because The weekly & daily TF show we are still trading in BULLISH conditions on the NAS100 & S&P500.
ON THE S&P500 M & W
* The setup is clearer or price action is somewhat cleaner.
MONTHLY
WEEKLY
DAILY TF
* Looking for violation of the daily FVG.
* To confirm bullish continuation
*S&P500
4H
* still bullish on NAS100 Trend cont. favored until otherwise price shows some significant bearish moves.
* otherwise choch + for bullish moves
* looking for a bounce of + OB
SENTIMENTS THE SAME ON THE S&P500
1H TF
* Sentiment remains, remain bullish unless otherwise.
* Probably be looking for LONG OPPORTUNITIES otherwise, We will see what does the market dish.
🤷♂️😉🐻📉🐮📈
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT 🚀 & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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LOVELY TRADING WEEK TO YOU!
