TP REACHED ON NASDAQMinutes ago I posted to sell on NASDAQ and the market reached our TP, a small quick trade to start the day with.
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US100 trade ideas
SELL NASDAQ I'm sharing with you a quick trade on NASDAQ, you can sell and target the same level as mine.
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NASDAQ / Price at Critical Levels Amid Rate Decision SpeculationTechnical Analysis
The price completed its correction to 21,900 and then pushed back up to the all-time high (ATH). Now, a drop toward 21,900 is possible, with a break below this level signaling a bearish zone. This movement will depend on Jerome Powell's speech and whether there is an indication of a rate decrease in the next meeting. A rate decrease would likely have a bullish impact on the indices.
Conversely, if the price stabilizes above 22,120 with a confirmed 1-hour candle close, it would support a bullish trend toward 22,290 and 22,410.
Key Levels:
Pivot Point: 22120
Resistance Levels: 22230, 22400, 22510
Support Levels: 21900, 21770, 21620
Trend Outlook:
- Bearish Momentum: Stability below 22,120
- Bullish Momentum: Stability above 22,120
US100US 100 - Nasdaq
Rising Wedge as an Corrective Pattern in Short Time Frame
Break of Structure
Change of Characteristics
Completed " 12345 " Impulsive Waves
RSI - Divergence
SELL NASDAQ UNTIL 11K AND WAIT FOR MORE BLOOD !!!Nasdaq going on a Down trend !!
Sell now and be Patient
PATIENCE IS THE KEY
TP on 11K and wait !!!
NEW IDEA FOR NAS100The Nasdaq-100 index has support at the channel bottom in the 22,026-point range on the one-hour timeframe, and if it holds, the target is channel top resistance at the 22,354-point range.
Nasdaq 100 for buyAs of December 18, 2024, the Nasdaq Composite Index (COMP) closed at 20,078.00, marking an increase of 151.27 points (0.76%) from the previous close
NASDAQ_15MNasdaq Time 15 minutes analysis and signal Due to the failure of the upward trend line and keeping the important support number of 22000 today, we are an indicator buyer towards the target of 22180 and 22250.
Nasdaq trading zones: 18-Dec-2024Good morning, traders! As a seasoned price action trader, I'll share my Nasdaq insights to help you improve your trading skills.
NAsdaq bull flag?setting up for FOMC rate decision today. unless we broke & close below the previous low, invalidate the bull flag.
US100 o heading 23000Based on Elliot wave , we are in the Wave 5. Seems like the price will break 23000.
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 Architect
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.
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US 100 US 100 trade. I think Christmas week will be bull trend so I'm targeting a 1/2 rr all time high
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.
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.
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.
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.
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
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.
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.
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.
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.
