NDQ trade ideas
NAS100 SELL 30 MINUTE TIMEFRAMESTRONG SUPPLY ZONE
Price has to feel the gap below
Well respected supply zone Expecting a 2:1 reward
Let's see!
USNAS100 - Sensitive Parallel channel Technical analyse
The market is currently in a consolidation phase, trading within a descending channel.
A fake breakout occurred below the support line, but the price has quickly recovered and is now testing the upper boundary of the descending channel.
If the price breaks above 20,420, this could confirm a bullish reversal, with potential upside targets around 20,717 and 20,900.
If the price fails to break the channel and the consolidation zone, a bearish move could resume, retesting lower support levels at 20,126 or 19,990.
The key bullish support area is at 20,420, as breaking it would likely support the upward move toward 20710.
For now, monitor the breakout from the channel and consolidation zone for a clearer direction.
Key Levels:
Pivot Point: 20330
Resistance Levels: 20480, 20540, 20710
Support Levels: 20230, 20130, 19990
Trend:
- Bullish above 20330
- Bearish below 20330
NAS100USD Will Go Lower From Resistance! Sell!
Here is our detailed technical review for NAS100USD.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 20,274.5.
Considering the today's price action, probabilities will be high to see a movement to 20,102.3.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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NAS100...Ever The Bullish Instrument Part 2Last week we saw a continuation from the previous weeks with the NAS100 consolidating above the 78% line with the HL's forming higher than 2 weeks prior Low of 19740.5.
While the market remains in that upward consolidation state, I will still continue to add entries at my largest HL and TP on my HH's
The aim is to always keep it simple as I have been doing and taking the easy and more rewarding trend trades (HL's to HH's) instead of trying to trade the sell to a HL...(Which never ends well for me)
As of now, I am still out of the markets and waiting for a certified A++ setup to start my weekly buys.
Good luck to everyone.
I will post periodic updates as time allows, however please remember, I am not a signal service and I always encourage you to take the information I provide and use it to help with the development of your own strategy for success.
Have a great week...
#auberstrategy
#aubersystem
#whywewait
#zigzagtheory
Mid Week Analyses: Daily HL signalled, now what?24/10/24
Welcome Traders,
In many of my previous posts I stated that I anticipate the signalling of a Daily HL before entering any buy positions. Why? Because with the exception of the weekly TF, this is the largest active TF making a series of HHs and HLs. Therefore, waiting and getting into a trade at this point will guarantee longterm profits until price breaks new all time highs (ATHs).
The daily HL was signalled at 20,001.7 which falls at the 23.6% fib level on the daily chart. Granted this level is not a common retracement level for the NASDAQ. My initial entry point of interest was at 19649.1 capturing another set of sell side liquidity which aligned at the 38.2% fib level more commonly known for retracement. But other key signs which make it a valid end point is that it served as a retest for a previous resistance level that price broke out from and also an area which allowed price to capture sell side liquidity to liquidate any buyers who held their positions.
Moving forward, I will continue to hold my buy positions entered until price breaks new highs. Even though the weekly TF is currently at a LH, it is likely that price will continue bullish to break new all time highs because:
1. The previous daily candle closed with a lower wick indicating strong rejection from support which means that the current daily candle will have to close bullish.
2. The daily TF needs to now complete its trend move of making a new HH which would then push the weekly LH to complete its trend move of signalling a new HH
Another indication that price has resumed its uptrend is due to the bullish volume that is playing out.In less than one day price has already recovered 50% of yesterdays daily bearish candle which signalled the HL suggesting that the bulls have regained their strength. The current bullish volume differs drastically from the volume to signal the 23H LH. In a previous post I stated that the retracement was not over given the fact that it took 5 days and 6 bullish candles to signal the 23H LH. And what happened after that? Price sold to signal the 23H Low or Daily HL. But now that the low points have been met, we are seeing a quick recovery.
In another one of my previous posts I mentioned that when price retraces at a resistance level before breaking new all time highs, it is to acquire enough buyers at a cheaper price likely to result in a bullish rally continuing way beyond new highs. Extending the daily chart out, we can see that price has been respecting a bullish parallel channel since August 5th 2024 and is currently below the channel mid-point indicated by the red dotted line. With the signalling of the Daily HL price should not only break new all time highs, but continue working its way up to:
21,119.3 at the -27% fib take profit level.
But since this TP still puts price within the channel mid point range, the ultimate TP of interest is 21,887.9 at the -61.8% fib level.
us100 Longus500
Long
Please don't be greedy
ENTRY : yellow point
TP : blue lines
SL :
below red line for LONG position
above red line for SHORT position
INSTRUCTIONS:
For risk and money management:
5% of your wallet for LEV X ≤20
And
3% of your wallet for LEV X ≥ 20
Nasdaq Unleashed -Today’s thoughts: 24-OCT-2024Good morning, traders! Welcome to today's Nasdaq market analysis. Compare my price action insights with your own charts and enhance your trading skills.
Importance of the 20212.7-20357.0 section
Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
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There may be differences in the support and resistance points I mentioned in the previous idea due to changes in the indicator you are using.
Please understand this.
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Since indicators are expressed according to the movement of price or trading volume, it is not good to blindly trust indicators.
However, if you look at the movement of the indicator, you can have time to decide how to respond in the future.
In that sense, I think the StochRSI indicator is showing signs of creating a double bottom.
In the meantime, if it enters the oversold zone, I think it is highly likely that it will lead to an additional decline.
Therefore, if it falls from 20212.7, it is expected to fall to around 19823.6.
Therefore, whether there is support around 20212.7-20357.0 is an important issue.
The most important support and resistance area is around 19582.6.
-
Have a good time.
Thank you.
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NAS100 10/23/24💡
🔍 Daily time frame impulse: Price has made an impulse above the 10/20emas
🔍 Daily time frame correction: Price has corrected into the 10/20emas.
⌛ I will be waiting for the 4hr time frame to make a impulse and show a valid impulse above the 10/20emas as well as a correction into the 10/20emas just like the Daily has showed.
Bias: Bullish
An update of the "October 8'' Ideathe 19970 price level ,that's liquidity, as price was moving up it was building more liquidity.... this idea is an updated of the previous one,https://www.tradingview.com/chart/USTEC/VX3YZ2ZE-BUY-NASDAQ/
NASDAQ Tight buy on the support level.Nasdaq / US100 just hit the Rising Support of October.
This is the level where the late September correction bottomed and a new bullish wave started.
Initially it hit the 0.618 Fibonacci level and then pulled back to the Rising Support again.
With the 1hour RSI deeply oversold, we see the current level as a strong buy opportunity.
Buy and target 20280 (Fibonacci 0.618).
Previous chart:
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NASDAQ As predicted for this sell I saw it coming there's to much money "liquidity" at bottom... no news to trade just finding liquidity that banks see. So string sells until 17,575 area break it down there's a 1hr order block aligned with a 15min order block also using the fib tool. The order block sits well qith the 78, 88 area 👌 this is were I personally am looking to buy and hold long.. until nasdaq surpasses previous high 🙃 good luck in yalls journey.
Us100 resultUS 100 result. Stopped out before reaching the target. The long time spent in that range spoke for itself
USNAS100 Bearish Pressure Below 20,330 with Bullish Reversal Futures under pressure as earnings loom; yields rise
USNAS100 Technical Analyse
The price looks stabilizing at the bearish zone while below 20330
However, it should reverse and stabilize above the channel to be a bullish trend to get 20540
As long as the price trades below 20,330, it is likely to reach 20,180, with sustained movement below this level potentially extending to 19,990.
Key Levels:
Pivot Point: 20290
Resistance Levels: 20480, 20540, 20710
Support Levels: 20180, 19990, 19860
Trend:
- Bullish above 20420
- Bearish below 20330
Bullish pullbackThe indice is currently dropping to find support after breaking a bullish trend. Immediate support structures are regions of bullish pullbacks only and if the current selling pressure does not break and stabilise below 19600.
NASDAQ: Approaching lower supports. Two levels you can enter.Nasdaq has turned neutral on its 1D technical outlook (RSI = 52.116, MACD = 179.950, ADX = 45.004) as it failed to make a new High above the LH trendline and is being pulled down towards the 4H MA200 and 1D MA50. Those two are the major support zone and buy entry. But before that, the first is where the price is right now, at the bottom of the dotted Channel Up. The 4H RSI is almost on the S1 level (33.50), which has been the buy signal for October.
So the first buy entry is now, aiming at a +4.50% increase (TP = 20,950). If it fails, add another just over the 1D MA50 and take profit on both after again a +4.50% price increase (TP = 20,650).
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US100 TRADING SETUP Weekly Chart Analysis:
Key Price Levels:
Current price: 20,095, hovering near the 20 SMA at 19,609, acting as immediate dynamic support.
Volume Profile Point of Control (POC) sits at 18,403, previously serving as support during significant pullbacks.
Price trading within the Bollinger Bands, indicating possible consolidation or slight correction before a stronger move.
Price Condition:
The weekly chart remains in a strong uptrend, with price holding above key moving averages (50, 100, and 200 SMAs).
Recent candlesticks show indecision as price approaches resistance at 20,400.
Volume Profile highlights an HVN around 19,700, reinforcing support at that level.
RSI:
RSI at 59, near neutral, with a slight downward slope, indicating weakening bullish momentum without overbought signals.
MACD:
MACD remains positive but shows a slight downward cross, signaling potential short-term correction or slowdown in the uptrend.
ADX:
ADX at 13.36 reflects weak trend strength, suggesting a consolidation phase. A stronger ADX reading is needed for a renewed upward move.
Daily Chart Analysis:
Key Price Levels:
Immediate support at 20,111 (20 SMA) and further support at 19,695 (50 SMA), with a high volume node around 19,582 suggesting strong support.
Resistance at 20,513, aligning with previous highs.
Price Condition:
Recent price action shows a pullback from highs, with tightening Bollinger Bands, potentially indicating an upcoming breakout.
Supertrend has switched to a sell signal, warranting caution for bullish positions.
RSI:
RSI at 52.95, indicating neither overbought nor oversold conditions, with weaker momentum after declining from recent highs.
MACD:
Daily MACD has crossed downward, with both the signal and MACD lines below zero, signaling increasing bearish momentum.
MFI:
MFI at 72.82 indicates strong capital inflow but is approaching overbought levels. Watch for a sharp correction if MFI turns down.
Chaikin Oscillator:
Chaikin Oscillator remains flat, showing no significant accumulation or distribution. Neutral signal for now.
ADX:
ADX at 24.93 suggests moderate trend strength. The market is likely to pick a more decisive direction soon.
Summary of Setup:
Weekly Chart: Bullish trend remains intact, but momentum is slowing. Key support lies at 19,600 (20 and 50 SMAs), with major support at 18,400. Resistance is at 20,400.
Daily Chart: Short-term weakness is evident, with a potential pullback to the 20 SMA (20,111) or 50 SMA (19,695) offering better long entry points. Volume profile suggests strong support near 19,700. A breakdown below this level could lead to deeper correction toward 18,500.
Trade Idea:
Bullish Scenario: Look for a bounce around 20,100–19,700, supported by the 20/50 SMAs and volume profile. A bullish turn in RSI and MACD could confirm a re-entry for long positions.
Bearish Scenario: A break below 19,700 could signal a deeper correction toward 18,400, with further downside potential if support fails.
NAS100USD / TRADING ABOVE DEMAND ZONE / 1H NAS100USD / 1H TIME FRAME
HELLO TRADERS
Prices Declined to Target ,As mentioned that the prices have already declined and reached a previously set target. This likely indicates that the price moved lower to a level anticipated by prior analysis.
Trading Above Demand Zone , Prices are currently above a “demand zone,” which is an area where buying interest is expected to be strong enough to support the price from declining further. Being above this zone indicates some stability and that the asset is holding its ground.
Stabilizing Above the Demand Zone , If prices stabilize above this zone, it could suggest an upward trend. This signals that the demand is strong enough to prevent further decline, encouraging buyers.
Targeting Supply Zone , The text suggests that if prices continue to remain above the demand zone, they may increase to reach the supply zone between 20,361 and 20,405. A supply zone is an area where selling pressure might start, potentially capping price gains. This range is likely a price target where sellers might step in.
Risk of Breaking the Demand Zone , If prices break below the demand zone, a decline could occur, with the next demand zone between 20,084 and 20,041 being the likely target. This suggests that the asset could continue its downtrend if buyers fail to defend the current demand zone.
Confirmation of Downtrend , The downtrend would be confirmed if the price breaks through the lower demand zone, meaning the asset could continue to fall if it fails to find support at these levels.
NAS100USD / AFTER EARNING Q3 / 1HNAS100USD / 1H TIME FRAME
HELLO TRADERS
After the Q3 earnings report was released, prices showed volatility (declines and increases), suggesting market uncertainty or instability.
Current Price Level , Prices are currently below the supply line at 20,382, indicating downward pressure.
Downside Projection , If the decline continues, the price may reach the demand zone between 20,184 and 20,138. If it falls further, the next target range is between 20,084 and 20,041.
Upside Potential , If prices break above the supply line (20,382), the analysis suggests that prices could rise toward a supply zone between 20,460 and 20,523.
Range and Time Frame , The price movement is taking place within the range of 20,041 to 20,523 on a 1-hour time frame, which means this analysis is for short-term trading.
Supply Zone : 20,460 and 20,523.
Demand Zone : 20,184 and 20,138 , 20,084 and 20,041.
US100 Bearish Bias with Potential Support Test at 20135Prior to the sell-off, there was some consolidation followed by attempts to move higher. However, the price failed to maintain upward momentum, leading to the current breakdown.
The current price action is strongly bearish, and the support at 20135 will be crucial for the next move. A break below this level could extend the bearish trend, while a bounce could lead to a short-term recovery.
