Nasdaq Insights: Uncovering Today’s Opportunities 08-NOV-2024Rise and shine, traders! Start your day with actionable Nasdaq insights. Let's grow your skills together, one chart at a time.
USTEC trade ideas
The Nasdaq index sets a new record driven by ‘Trump Trade’
Expectations for a ‘Trump Trade’ are rising, with Wall Street increasing its target for the S&P500; index next year. Notably, there is widespread optimism about Tesla's stock. Bank of America has raised its price target for Tesla from $265 to $350, now the highest on Wall Street, exceeding Morgan Stanley's target of $310. Additionally, the Fed cut interest rates by 25bp as expected, but the impact on the market was minimal since this was already factored into prices.
USTEC broke its previous high again and soared to 21130. The index breached the ascending channel’s upper bound, sending a clear bullish signal. If USTEC sustains its uptrend and breaches the resistance at 21300, the index may gain upward momentum toward a new high of 21600. Conversely, if USTEC returns its gains, breaking the channel’s upper bound, the index may fall further to 20700.
NASDAQ 100 (CASH) LONG TO 20,700This idea aims to take advantage of volatility during earnings days. The plan is to buy when the price reaches the 1-hour demand area. However, this alone won’t be enough to enter the market. In fact, it will be necessary to wait for a buyer reaction. I will update the idea as soon as possible. If you follow me, you will receive the updates. Final target: 20,700.
Nas100 update Hi traders I just wanna say congratulations 🎊 👏 💐 🥳 again for your patience n believe in what I say n follow the right trend I won't touchs anyone hands whose securing their bags you've tried soo hard n keep your head up for the next opportunities.
Nasdaq - Long set upYesterday we had a good rebound into the support area
Based on my analysis I think we are in a new long wave to create final 5°
Focus point will be Breakout of the upper part of the descending channel, this will be a confirmation of this view.
Nasdaq100 nearing long term channel resistance As the SPX looks set for a 6000 test, the NASDAQ100 is nearing long term channel resistance. RSI's divergent, but this hasn't stopped the bullish run.
Are Bulls Strong Enough to Protect NAS100I'm closely monitoring NAS100, which is hovering around key support levels on the 200 SMA (daily). These levels align with crucial Fibonacci retracements (0.618 and 0.786), suggesting potential bullish support. However, with the recent spike in the VIX and increased market volatility, there's a question of whether the bulls can maintain control or if the bears are gaining momentum.
Trade Setup:
Entry: 17,900 (after confirming support)
Stop Loss: 16,800
Take Profit 1: At a 1:1 risk-reward ratio
Final Target: Previous highs near 20,758
This setup aims to test the strength of bullish support while carefully managing risk in an uncertain market environment.
NAS100 - WHERE DOES NAS HEADINGTeam, please follow up the chart for NAS
It was a great curve, and a cup
so we will wait for the short position on the top.
NAS100 - Awaiting Fed & FOMC Outcome Today20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Market Structure Support/Resistance - Green/Red Dashed Lines
Your interest motivates me:
If you find my analysis helpful, please boost and follow me for future analysis at your service.
How I see it:
ATH's = Unfamiliar Territory.
At some point in time, a correction is inevitable.
Will confluence of support @ previous HH hold for bullish continuation?
Or will price correct deeper to structure support @ 20300?
Check your calendars before each session!
I deeply appreciate you taking the time to study my analysis and point of view.
NAS100...Ever The Bullish Instrument Part 4Last week saw the completion of another trend move on the daily and the setup for a continuation towards the ATH.
Last week's move created some expanding of the upper consolidation zone with the Daily timeframe signaling a new Low (HL) and still maintaining structure on the larger timeframes.
All of this action still took place in region of the 78% level.
As I have always stated, my bias will always be towards the trend moves which are HL's to HH's
During extended consolidation periods, my entries will be on the HL's and in the event that the trend does not cooperate, I can always TP's on the Larger LH's and scale my accounts to the next level.
The important thing I have learnt over the past few years is to not trade for what I am expecting the market to do, but to trade what the market gives and so the HL's to HH's are still my valid moves.
Last week Wednesday, I took a HL that I am still holding, however to counteract this, I continued to take the HL's as they came and took the profits on the respective LH's...This activity will continue until the buy comes back in trend and the trade will continue as a swing trade towards new ATHs.
What am I expecting this week?
1. My entries will continue to be taken from my largest HL's and terminate on my largest
registered Highs
2. The completion of a daily HH or at worse a LH before looking at sustained retracement
moves.
In any event Monday's, Tuesday's and sometimes Wednesday's are retracement and setup days and it is obvious that NAS100 will not be rushed.
So until then I continue to wait for my largest HL's and trade them to my highest highs.
Remember for this week:
1. Continue to practice trading what you see
2. Use demo accounts to help build your confidence
3. Do not be afraid to loose...learning to consistently loose, helps you ability to isolate what
you know does not work and improve for the next time.
4. Journal every single move and constantly evaluate for opportunities
Have a great trading week and more success
#oneauberstrategy
#auberstrategy
#aubersystem
#whywewait
#patience
#zigzagtheory
NASDSAQ INDEX (US100): Bullish Confirmation After Breakout
US100 Index updated the all-time high, violating a solid daily horizontal resistance.
After a breakout, the market retested the broken structure and started to consolidate
on an hourly time frame.
A violation of the upper boundary of the range is a strong intraday bullish continuation.
It indicates that with a high probability, the price will go up.
Next goal - 20920
❤️Please, support my work with like, thank you!❤️
Indices Surge Following Trump's VictoryIndices Surge Following Trump's Victory
Today the US100 rose by almost +1.80% from 20230 to 20600.
This upward movement started by Trump's victory.
Donald Trump was elected president, marking a remarkable comeback four years after being voted into the White House and bringing to the fore a new American leadership that is likely to test democratic institutions at home and relations abroad - as reported by Reuters
Investors are betting that a Trump presidency could bring tax cuts. Indices rose to their highest levels and the US100 could do the same soon.
If the price manages to rise above it's higher price level near 20759 then US100 should rise further as shown on the chart.
Targets:
🎯 20875
🎯 21215
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Nasdaq Outlook: 07-NOV-2024Good morning, traders! Welcome to today's Nasdaq market analysis. Compare my price action insights with your own charts and enhance your trading skills.
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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,
Update idea
Add note
NAS100USD New position updatedIf break resistance 20780 above then It’s going up till 23240
The stock market is highly volatile. Please be very careful with your investments.
NEW ATH on Nasdaq, 20,722 Will Break Any TimeI'm Bullish on Nasdaq, New ATH on Card Any Time, 20722 Will Break Any TIme. So Avoid Short Plans.
Bullish Momentum Post-Election: Key Levels & Breakout PotentialTechnically:
The price has stabilized in the bullish zone and has moved upward significantly due to the U.S. election results, with Trump winning. This positive development has benefited stocks.
The price is now expected to reach 20550 for a retest before pushing up to 20705. A breakout above 20705 is needed to continue the bullish trend toward 20790 and 20950.
However, the current movement range is between 20550 and 20705 until a breakout occurs.
Key Levels:
Pivot Point: 20505
Resistance Levels: 20705, 20790, 20950
Support Levels: 20420, 20330, 20130
Trend:
- Bullish above 20550 and 20790
TREND LINES ANALYSISPlease have a look of the Blue TL and Red TL. As long as the price is trading above the Blue TL the price has upward momentum, any close below will push the price downward. Current price action shows that price will break the ATH and will lead towards the black horizontal line at 21054. Please leave your comments.
TRADING PLAN: BUY LIMIT 20030 SL: 19900 TP: 20755
NAS100 US Election Rally Buy NAS100 @ 19970 - 19940🏦NAS100🏢 US Election Rally
💎Buy NAS100 @ 19970 - 19940💎
Tuesday 11/05/2024 07 PM
19880 StopLoss —>
19975 BreakEven+
Scalp
TakeProfit 1: 19990
TakeProfit 2: 20010
TakeProfit 3: 20030
Daily
TakeProfit 4: 20050
TakeProfit 5: 20070
Swing
TakeProfit 10: 20170
TakeProfit 20: 20370
TakeProfit 30: 20570
Position
TakeProfit 50: 20970
TakeProfit 100: 21970
TakeProfit 200: 23970
TakeProfit 300: 25970
Richard Eyo ~ The Wizard 🧙♂️
NAS100USD / UNDER DOWNWARD PRESSURE / 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
Market Movement Post-Election:
The analyst mentions that after Trump’s victory, NAS100USD rose by 610 pips (a pip here likely refers to a unit of price change in the index, even though “pips” are more common in forex markets). This initial increase reflects market optimism or a reactionary move post-election.
Current Supply Zone:
The NAS100USD is currently trading in a “supply zone” between 20,662 and 20,788. A supply zone in trading refers to a price range where there’s likely to be selling pressure. The price is near its all-time high (ATH) around 20,788, which could mean resistance.
Potential Scenarios Based on Price Action:
If a 4-hour candle opens and stays below the ATH level of 20,788, the analyst expects a decline in the price. This might reach a fair value gap (FVG) between 20,482 and 20,335. An FVG often suggests an area where the price could correct or balance out.
If prices move lower, they could reach a demand zone between 20,088 and 19,961. A demand zone is a price range where buying interest could push the price back up.
Scenario for an Upward Move:
Conversely, if a 4-hour candle closes above the ATH level, it suggests a potential continuation of the uptrend. The price might then aim for a new historical range between 20,972 and 21,125.
Nas100 - 15 min ( Best Key level's Buy / Sell After Break 💎 NAS100
Time Frame : 15min Chart
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🔻 Type :intraday
🚨Bullish After Break Out key level + High Volume / 20660 Area
🚨Bearish After Break Out key level + High Volume / 20550 Area
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☑️Great opportunity now
Please check the drawing carefully and all the reasons for entry and exit are shown in the analysis
If the analysis does not agree with you, please do not take it
This is a personal vision that reflects my practical way
good luck for everybody
And we strive to provide the best opportunities and develop your money
Please apply good capital management
