CORRECTION: SELL NASDAQ TO 19100I have entered a sell on Nasdaq with the intention of closing the gap on 19100.Shortby alincume0007Published 101029
NASDAQ Reality will again hit those betting against the market.10 months ago (October 06 2023, see chart below), we published an idea with a similar title, as following a standard technical 3-month correction, there was a growing bearish sentiment amidst market fear over a potential economic slowdown of the 2023 recovery: As you can see none of the 'fears' prevailed and instead the index offered us the best buy opportunity at the time. The early August correction has been the best buy opportunity since then. After a 3-week correction, quite aggressive for sure, Nasdaq (NDX) reached its 1W MA50 (blue trend-line) for the first time in almost 1.5 years and rebounded emphatically, making the strongest case possible that this Support level priced the new market bottom. We made slight changes on this 10-month chart and we've set 2 new long-term targets: Target 1 at 23250 (the 0.236 Fibonacci level) and 27000 (top of the Channel Up). We utilized the Fib symmetry of the previous Bull Phase, prior to the 2022 (inflation) correction and since Nasdaq is currently at 97 weeks (697 days) since its Bear Cycle bottom (October 10 2022), we could assume that proportionally, we are around November 02 2022, around the 0.382 Fib. The 1W RSI just rebounded on the 5-year Symmetrical Support Zone that only breaks during Bear Phases and the 1W MACD is also posting a similar sequence to Nov 2022. Note that as long as the 1W MA50 holds, the index is technically on a long-term Bull Phase with the Green Ichimoku Cloud supporting within the 1W MA50 and MA100 (green trend-line). Technically, the index can rise up to 29000 - 30000 before entering a new 1-year Bear Phase. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShotPublished 27
Nasdaq shortI observed a small price range on 3hr tf the high of the range has been raided I want to see a move downward to clear the range lowShortby CallmeGfxPublished 111
NASDAQ Daily ForecastNASDAQ looks bearish today as it did not retrace on Friday, Expect price to retrace at least 20 -30 % of previous week range which aligns with SSL on previous day Low Friday 20% and Daily FVG and bullish OB 30%Shortby fx_arrayPublished 1
NAS100USD ( TRADING BELLOW TURNING LEVEL ) ( 4H )NAS100USD Yesterday, we reached our target of +450 pips. The current price is trading below the turning level at 19,547. As long as it remains below this level, it’s likely to continue declining towards the first support level. Tendency , the price is under bearish pressure , until trading below turning level at 19,547 . Turning Level: The price is currently trading below this level around 19,547 . As long as it remains stable and stays below this level, a drop toward the support level is likely . However, if the price breaks above this level and a 4-hour candle closes above it, an upward move toward the resistance level can be expected. Resistance Level (1): around 20,080 , The price is currently below turning level . To reach this level, the price needs to break and close a four-hour candle above the turning level at 19,547. If the price reaches 20,080 , and stabilizes above it, it will likely attempt to reach resistance level (2) . Resistance Level (2): When the price breaks through Resistance Level (1) and closes a 4-hour candle above it, this suggests it could reach around 20,538 . To confirm an uptrend, the price needs to reach this level before moving on to Resistance Level (3) at 20,969 . Support Level (1): As long as the price remains below the turning point of 19,547, it suggests a drop towards 19,115 . If the price reaches this level and stabilizing below it, it will likely attempt to reach Support Level (2). Support Level (2): When the price breaks through support level(1)and closes a 4-hour candle below it, this suggests it could reach around 18,696 . To confirm a downtrend , the price needs to reach this level before decline on to support Level (3 )at 18,315 . Channel Trend: the trading rate within the ascending channel. TARGET LEVEL : RESISTANCE LEVEL : 20,080 ,20,538 , 20,969 . SUPPORT LEVEL : 19,547 , 18,696 , 18,315 . Time Frame : 4H Shortby ArinaKarayiUpdated 9
NAS100 BUY SIGNAL NOW Here on Nas100 price has moved uptrend and still in uptrend direction and is likely to BUY more so going for LONG is neededand targeting profits should be around 20333.2 . Use money managementLongby FrankFx14Published 0
NASDAQ Potentially forming secondary reaction (wave 4)Nasdaq potentially forming secondary reaction (wave 4). We are waiting for new swing low (end of wave 4) to open buy at 19,126. Target price at 19,814. Be patient, be aware, be profitable. Longby temajawerdhiPublished 1
M pattern on Nas.After a strong bullish momentum last week. I'm expecting Nas to drop down to the support zone ,before the bullish run continues. If this doesn't play out I'll wait for a break on the upside of the zone.then I'll place a buy trade.Shortby ryanmabele7Published 1
EXPECTING FURTHER WEAKNESS IN THE USDNAS100 4H - I am expecting further weakness in the USD after a stint of strength over the course of the next few weeks will play out perfectly for the US100. I want to see price pullback temporarily, pick up more Demand before taking us higher in the market. Once price has traded us down, picked up more demand and continued its assent up and into the Supply Zone above, this is when I will be expecting those buy orders to be closed an removed from the market and sellers to short in. From here I am wanting to see price take a larger move to the downside, breaking previously protected lows to create new ones as I am wanting to see more weakness in the USD. With current fundamentals, this seems like a likely and viable prediction. It will be interesting to see how price plays out and it will be interesting to see if we can get a good entry on this market once confirmation parameters are met, I will keep you all posted.Shortby LukegforexPublished 1
US100 - Analysis of the beginning of the weekThe index is above the EMA200 and EMA50 in the 4H timeframe and is trading in its ascending channel If the index corrects towards the drawn demand zone, you can look for short-term buying positions in the Nasdaq index. On the other hand, the index reaching the specified supply range, which is also at the intersection with the ceiling of the ascending channel, will provide us with suitable selling positions in terms of risk return.by Ali_PSNDPublished 2
Near term ShortThe index will test previous resistance that has turned into a possible support structure.Shortby Two4One4Published 2
Weekly Analyses: Uptrend but not without a correction first !18/08/24 - 23/08/24 Welcome to another weekly analyses idea! There is no doubt that NAS100 is back on its bullish rally to new ATHs following the major sell off. Last week the bulls established their dominance barely giving room to any retracments as the 1H TF was the biggest TF to signal a HL. Now that the daily LH is biggest TF to signal a type of High at the 61.8% retracement level, all TFs from the Day down to the 1H are at their highest point. Historically, in a given uptrend, NAS100 typically reserves it's retracement period for Mon-Wed to signal it's weekly Low point before ending the week at its highest point. On my chart I have outlined what appears to be a strong area of resistance at 19,594.0 where price previously signalled a 23H LH and rejected a 23H HL. As long as price continues to stay below this area for the beginning of the week, the retracement phase is valid. Note that the sells are only retracements to signal a HL on some of the smaller TFs before resuming it's main trend move to create new highs. HLs and HH always define an uptrend. On the 1H TF: This retracment is further confirmed by the double top 1H HHs signalled. On the 4H TF: Using my fibs on the 4H chart, I expect price to continue it's retracements down to 18,839.2 at the 38.2% volatility level 18,470.4 at the 61.8% retracement level. On the Daily TF: Historically, NAS100 will begin it's retracement at the 61.8% level but the main retracement tends to occur at the 78.6% level. So for this week, since the Daily LH currently sits at the 61.8% level I do not expect a deep retracement during this period but rather just a correction to signal its HL on the 4H TF before continuing back up to the 78.6% retracement level. Trading plan for the week: Sell entry: 19,508.15. Hold trade until Tuesday or Wednesday until it signals a 4H HL at one of the following TPs of interest. Potential TPs: - 18,839.2 at the 38.2% volatility level - 18,470.4 at the 61.8% retracement level (very unlikely) After which I will close and enter buys and hold for the rest of the week as the Daily LH fills the imbalance gap highlighted in purple and continues to make it's way up to the 78.6% retracement level. Shortby jhannellefrancisPublished 9
Nasdaq Thoughts 19-Aug-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!"04:19by DrBtgarPublished 1
H4 NASDAQ BUY IDEAWaiting for OB to be obeyed. 1. Take entries upon H4 Break Retest of the OB with Break Retest entries on M1, M2 & M4. Trading time: 6:42-8AM, 8:42-1018AM, 1042-1200 NOON, 1642-18PM, 1842-20PM, 2042-1018PM EAT. Entry timeframe: M1 M2 M4 Risk up to 1% per set up. SL 30 pips or 30-60 pips for entries held past 20 PM EAT and haven't hit RR3. Move SL from 60 pips back to 30 at 9AM EAT. Swing Targets 23096 26598Longby YahkinBankPublished 116
Nasdaq H4 at major resistanceNasdaq H4 at major resistance. It may retrace before heading upwardsLongby ZYLOSTAR_strategyPublished 12
My analysis of where nas100 can go, can help as third party viewWith my analysis of technicals and fundamentals, i can see stocks make big bull run. PPI is smaller, uneplyoment rising so i think interest rates will go down and the presure will fall off. And as you can see the technicals on nasdaq just make me comfortable to seek for longs. If you have some other idea please share it with me, i am open to every opinion that can open my eyes and help me. ThanksLongby Filip_KozakPublished 221
Heres some setup Question will be is the zone valid for trading, well currently NO but should there be a small TF bearish setup we will sell it to buy, with the market inducing sellers to then buy by TheDemoTrader_SAPublished 0
SHORT NASDAQ BEFORE WEEKEND.. I just open short position in Nasdaq, the reason is 2: 1) Price is now at the very strong zone: supply zone & fibo level 2) The rally for past several days is not backed up by volume, so i don't believe it's a strong uptrend, but a correction/ consolidation. Let's go.. CHEERS!Shortby steveivanPublished 114
US100 0.25% ,US500 +0.26% MULTI TF ANALYSISHELLO TRADERS Hope everyone is doing great 📌 A look at NAS 100 & S&P500 from HTF - MULTI TIME-FRAME ANALYSIS NAS100 DAILY TF * Thursday saw strong bullish momentum coming into play, with Fri cont.of this move. * The weekly & daily TF show we are still trading in BULLISH conditions on the NAS100. * NAS100 took internal range LQ, looking for that external range LQ to be taken. * We are trading in discount looking for a bullish continuation long term on Nasdaq. * With PO3 looking to open bearish this week to confirm a move higher to ERL. NAS 100 4H TF * Looking for the week to open Bearish into the 4h FVG + OB because our HTF BIAS (PO3) on D & W . * WEEK open I will probably be looking for short positions OPPORTUNITIES. * We will see what does the market dish. * On the 4 hourly ERL > IRL. S&P500 4H TF USOIL 1H TF * We saw a rally with the bulls, strong momentum to the upside. * The is a 1H FVG, this is where i would look for short entries this week. * Should this PD ARRAY hold will be short for the NASDAQ * BASED on the price action served this week. S&P 500 1H TF 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 ____________________________________________________________________________________________________________________ * 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. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤ LOVELY TRADING WEEK TO YOU!Shortby PULEMokhothuUpdated 4415
Cup & Handle Bounce off Rising Wedge?Hey traders, Looking ahead on the NAS100, we could potentially see a nice bearish cup & handle pattern bouncing off a rising wedge. Or price could break down way before that, bounce around and catch us all out, nobody can predict the markets! Thought this was an interesting study to share and see if anyone else sees what I do here? Trade safe folks and have a great weekend.Shortby TopOfThePipsPublished 224
UPDATE ON NASDAQ BUY TRADENAS100 4H - As you can see price continued to play out as predicted earlier on in the week and last week providing us with the bullish structure we want and needed in order to profit from the buys placed back last Friday. Now that TP1 has been achieved we need to look and see how price plays out as price has recently traded up and into a significant area of Supply, we now want to see that Supply being introduced enough to encourage price to correct itself. I have drawn a path out on how I feel price may play out, I think enough Supply will be introduced to temporarily flip the S&D balance trading price down and into the Demand Zone below. Once price trades us down I am expecting the next push up. We can look to take this market long from this area of Demand, trading price up and into the Supply Zone above before we go short on the NASDAQ longer term. As always we must wait for confirmation to be met.Longby LukegforexPublished 6
$NDX $QQQ has reached the 61.8 Fib Retracement of the CorrectionNASDAQ:NDX NASDAQ:QQQ have reached the 61.8 Fib Retracement of the Correction with a RTH gap just above. A rejection of price below the gap should indicate another leg down and potentially new lows ahead. Continuation of the correction bounce can only be assumed with a close above the gap. by TiercePublished 0
NAS100 SELLS ( Retest has ended )*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. Nas100 has reached the major level of structure it recently broke on a retest and now is pushing off of the level back to the downside. We have been in the sell since last night 3-5% risk SL ABOVE pattern of retest area TP 17090Shortby l2xinvestorsPublished 3