NDQ trade ideas
NDQ (US 100 Index) 1W analysis - Sep 12 2024Weekly chart of US 100 index is suggesting that the possibility of a crash in US stock market is rather high!
In fact the index is already in the heavy resistance zone of 19,000 - 20,400 and bearish divergence can be seen (both mid-term and long-term)
While the index is inside the resistance zone, breaking below the blue trendline is the confirmation for the huge drop and will lead to a huge sell pressure in the market.
The reason for this possible crash is probably weak data related to the labor market. Having a Buy position in US stock market is indeed risky these days as the index can even touch Oct 22 low and probably even lower levels if the drop is confirmed!! #NDQ #US100
NAS100USD / UNDER BULLISH PRESSURE - 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
after breaking a turning level NAS100USD remain under bullish pressure .
After breaking a critical turning level at 19,088, the current price movement is attempting to reach the first resistance level at 19,535. If this level is surpassed, the next potential target is 19,844.
However, if the price breaks below 19,088 on a 4-hour candle, a decline toward 18,688 is anticipated. Should the price stabilize below 18,688, further downside pressure could lead to a drop towards the next support level at 18,317.
TURNING LEVEL : 19,088
NAS100 9/12/24💹 Indices:
👁️ Outlook
30m Context Time Frame: Price is bullish but expecting a re-accumulation
Daly Bias: Bullish
Tokyo: Accumulation
London: Consolidation
New York: Expecting Manipulation taking out some London Lows and coming back to yesterdays NY session to mitigate a level.
Keeping an eye on this. 👁️
NAS100USD- NQNQ has an up trend move.
Perfect Scenario is when balance above the Zone. When retest, confirmation is needed.
Or, when price comes down to the 2nd Zone, retest and up.
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.
USNAS100 - Pivot Line 19210 Will decide the direction!!!Nasdaq Technical Analysis
The price has stabilized above 19220, setting up a potential move toward 19380 and 19625. If this level is breached, the price could advance further to 19880.
Conversely, a break below 19210 would signal a bearish trend toward 18930.
Key Levels:
Pivot Point: 19220
Resistance Levels: 19380, 19625, 19880
Support Levels: 19040, 18930, 18700
Expected Trading Range Today: 19210 to 19625
Trend: Sensitive movement, Uptrend above 19210, Downtrend under 19210
previous idea:
Nasdaq in bearish sentiment Nasdaq will be dropping to take the lows it has made down there, a lot of liquidity is resting over there. I believe we will go down there this week
Nas100 Possible Bear moveAfter the big bull move of nas100 yesterday, we found some resistance and price is failing to go higher.
We can see that its breaking smaller support levels and creating lower highs while creating lower lows as well.
This is a possible reversal and swing trade developing.
short nas100shorting the nas100 before new open seeing liquitidy below and smt divergence above plus mitigation block above this area
NASDAQ Short All timeframes are overbought
There is a pattern on M15
This is with the H4 trend
50 pip stop loss
NAS100 Is Very Bullish! Long!
Here is our detailed technical review for NAS100.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 19,277.73.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 19,804.81 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
NAS100 BULLISH BIAS-this is what I want to see during New York AM session.
-A retracement to that order block between the times of 9:30am to 11Am. if it fails by then we can try lunch time hour.
- conditions I need its a 1mins to 3mins MSS for my entries then I'll pyramid from there on.
GOODLUCK!!!
Trade at your own risk !!!!!
NAS100USD Is Bullish! Buy!
Take a look at our analysis for NAS100USD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 18,343.2.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 19,114.6 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
Nasdaq Short: Trendline resistance plus potential EW 2This is just one possible EW count that I think is currently my preference where the recent upmove is a wave 2. The price move up hit the downwards sloping trendline and got reflected back. It is now a good risk-reward to short this and place the short slightly above wave 2 high (or above the trendline).
Nasdaq Awaits CPI Report with Potential for Volatility &BreakoutNasdaq Technical Analysis
U.S. futures remain steady ahead of the highly anticipated CPI report, which is expected to significantly impact market direction. Projections suggest the CPI will come in around 2.5%, signaling a weaker USD and likely driving indices into a strong bullish trend. However, if the CPI exceeds 2.7% or 2.8%, market movements may become unpredictable, with the potential for a downward shift.
The Nasdaq is expected to consolidate between 18,630 and 18,930 until a breakout occurs, with heightened volatility likely around the release of the inflation data.
If the CPI results are lower than expected, the price could surge toward 19,220, with the possibility of reaching 19,625, particularly if the price stabilizes above 18,220. On the other hand, a higher-than-expected CPI result (around 2.8%) may create volatility and support a decline toward 18,340.
Key Levels:
Pivot Point: 18800
Resistance Levels: 18930, 19220, 19625
Support Levels: 18630, 18340, 17890
Expected Trading Range: 18340 - 19220
Trend: Bullish Movement with High Volatile of CPI
Nasdaq Thoughts 12-Sept-2024Kindly see my Nasdaq thoughts for today. These videos are aimed at making you compare charts with mine if you are a price acton trader and use my thoughts to improve your skill. They are not meant as signals even if they seem like they are. I want you to learn and be great
NASDAQ Potential UpsidesHey Traders, in today's trading session we are monitoring NASDAQ for a buying opportunity around 18600 zone, NAS100 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 18600 support and resistance area.
Trade safe, Joe.
Mid Week Analyses Following CPI DataSep 11 2024
We got over a 700point move today where price surpassed my TPs for the week reaching a high of 19,274.1. This now puts the 23H TF is the biggest TF to signal it's LH which now sits at the 62.8% retracement level on the fib.
Now that price has made its bullish correction, I am now shifting my bias to sells for it to make its new low point on the bigger TF.
Each red zone represents a bearish level of resistance where price previously retraced from after making a bullish correction.
Therefore I am now looking for signs of retracements anywhere between 19,274.1 - 19,322.5 for the following reasons:
1. Price is at the bearish level of resistance
2. Price is at the 61.8% key retracement fib level
3. Price would be respecting the daily moving averages
4. Price has been bullish since Monday with only a 1H Low signalled.
Note, that if price does not retrace within this range (9,274.1 - 19,322.5) and it closes above, then price will continue bullish up to the 78.6% retracement level at 19,597.9.
Here are two scenarios for the rest of the week:
Downtrend (more likely):
- Price begins to retrace within the retracement zone highlighted in blue to signal a 4H HL roughly around 18,934.8.
- This would mean that today marked the day price made it's highest point for the week and will now retrace for the rest of the week.
Uptrend continuations (unlikely but also possible for strong uptrend)
- Price makes a series of HHs and HLs on the smaller TFs so that it can continue to break above the retracement zone.
- Once it breaks above, the next TP of interest is 19,597.9
- This means that price will continue bullish for the rest of the week with Thursday having the most volume and Friday ranging with consolidations.
NASDAQ Bullish ideaCurrently running with down trend with descending channel. strong support zone below and i expect local bullish confirmation from 18000 for short term and swim trade from16000 - 16200
