Buy Opportunities on 30 mins from the previous low price range Previous high triggered let's wait for confirmation on NY open. Is NASDAQ gonna push up?
USTECH100MINICFD trade ideas
NQ, Where do we go from here?Where do we end up after this week… have we found a strong support… for price to now climb higher or are we going to continue to see a shift of momentum 👀
Personally I am swaying more bearish for the meantime, let’s see what happens
Consistency in DNA #19SAMPLE SIZES
Real trader is a probability thinker. He transformed his mind by training to think in a different way, based on the series of trades. He knows a lot more that an amateur is even aware of.
~AS Malone
NAS100 - Nasdaq will reach above 21,000?!The index is located between EMA200 and EMA50 in the 4H timeframe and is trading in its ascending channel. If the index rises towards the two specified supply zones, you can look for NASDAQ sell positions with the appropriate risk reward. Nasdaq's buying position is in the demand zone after the continuation of the corrective movement, and considering the downward sentiment at the end of the week, it should be saved quickly.
China’s Export Restrictions and Their Impact on Global Supply Chains
• China Tightens Export Controls:
Starting December 1, China will implement new regulations to tighten export restrictions on critical metals and raw materials, including tungsten, graphite, magnesium, and aluminum alloys, essential for the technology sector.
• China’s Objectives:
These measures are part of a broader strategy to manage sensitive exports and protect national interests.
• Global Market Impact:
The new restrictions are expected to disrupt global technology supply chains and introduce volatility in related markets.
Zelensky’s Perspective on Trump’s Presidency
• Zelensky’s Comments:
Ukrainian President Volodymyr Zelensky stated that the war in Ukraine could end sooner if Donald Trump returns to the White House.
• Constructive Interaction with Trump:
Zelensky emphasized that Ukraine successfully communicated its vision for peace to Trump, and he observed no opposition from Trump regarding Ukraine’s stance.
• Implications of Zelensky’s Remarks:
These comments reflect Ukraine’s hope for continued international support to expedite the resolution of the conflict.
US Economic Forecasts
• Q3 Earnings Reports from Major Companies:
This week, companies such as NVIDIA and TARGET will release their third-quarter (Q3) earnings reports.
• Federal Reserve Rate Cuts:
Rick Rieder, Chief Investment Officer at BlackRock, predicts that the Federal Open Market Committee (FOMC) will cut interest rates by 25 basis points in December.
• The current Federal Funds rate range is 4.5% to 4.75%, which Rieder considers restrictive.
• Following the December cut, the Fed is expected to pause temporarily to reassess future adjustments.
Jerome Powell’s Statements and Market Reactions
• Powell on a Strong US Economy:
Federal Reserve Chair Jerome Powell highlighted the robust performance of the US economy, stating there is no urgency to lower interest rates.
• Cautious Approach to Rate Cuts:
Powell stressed that decisions should be made carefully due to uncertainties surrounding the neutral rate level.
• Market Reaction:
These statements reduced market expectations for a rate cut in December.
nasdaq potential directional bias ?thoughts on nasdaq directional bias? waiting for monday opening and closing range to see where price would move
NAS100 is following bullish trendrespecting the trendline and getting a bounce from the golden Fib pocket after making a new HL suggesting that it is still bullish and will follow until any major reverse signs. The idea of trade is to instantly buy or wait for the market to come down and then place buy order stop loss ha been put on the recent drawn support level
NASDAQ LONGNas100 continues its movement to the upside as the bearish pullback wear off, the bullish side takes over as expected since the higher TF all agrees accumulate its value.
"$OM Revolutionizes RWA: Regulatory Compliance Meets InstitutionLetting this sink in:
✅ NASDAQ:OM has built regulatory-compliant RWA infrastructure
🔍Partnered with Libre Capital
💸Bringing institutional Money Market Funds on-chain
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🏦Institutional gateway officially open for business
P.S. NASDAQ:OM is primed for a massive run—I'm bullish on where this is headed!
#Web3 #Tokenization #RWA
INDEX MARKET IS BULLISH According To ICT Concepts Nasdaq & S&P500 Is Bullish
Also Has SMT (Nasdaq Touches IFVG, S&P Touches Daily Bullish FVG. That Means Nasdaq Is Going To Create A Bullish Breaker And S&P Is Going To Create A Bullish Mitigation.)
TOP EU companies VS NASDAQ 100
1. ROG (Roche Holding AG): Swiss healthcare company focusing on pharmaceuticals and diagnostics for cancer, autoimmune, and infectious diseases.
2. ASML (ASML Holding NV): Dutch semiconductor equipment manufacturer specializing in photolithography machines used in chip production.
3. NESN (Nestle SA): Swiss multinational food and beverage conglomerate offering products in nutrition, health, and wellness.
4. NOVN (Novartis AG): Swiss pharmaceutical company developing innovative medicines for various therapeutic areas, including oncology and cardiology.
5. NVO (Novo Nordisk AS): Danish healthcare company focused on diabetes care, obesity, and hormone replacement therapies.
6. OR (L'Oreal SA): French cosmetics giant producing beauty products across skincare, makeup, and haircare.
7. MC (LVMH Moet Hennessy Louis Vuitton): French luxury goods leader spanning fashion, cosmetics, wines, and jewelry.
8. AZN (AstraZeneca PLC): UK-based pharmaceutical company specializing in treatments for oncology, cardiovascular, and respiratory diseases.
9. SAP (SAP SE): German software corporation offering enterprise resource planning (ERP) solutions for businesses globally.
10. SAN (Sanofi): French biopharmaceutical company focusing on vaccines, specialty care, and general medicines.
Consistency in DNA #12STRATEGY
In trading we have this beautiful opportunity to choose our own strategy. We are basically our own boss and that comes with responsibilities of a successful person. I truly believe that only if we change ourselves with the process of trading, we're going to be able to make big bucks.
~ AS Malone
Consistency in DNA #11SYSTEM
There's a lot of systems we have to follow as traders. Actually there are systems inside systems. But for me it's all about simplicity.
~AS Malone
Consistency in DNA #10TOOLS
There's a lot of systems and processes we need to follow as traders. We need to get really through this learning curve and become the best versions of our selves during this journey. This is a path of constant development and waking up everyday with a purpose. When you have your dream and manifest it, you're basically finally feel alive...
~AS Malone
Nasdaq (Day trade bounce)this trend with the 50ma should act a big daily support if reached today for a day trade
NAS100, morning/bearish analysisBearish count for NAS100.
Completed primary impulse off October 2022 low of 10431.1, 103.69% move from low to high.
Ending contracting diagonal (wedge) to complete the impulse.
Wave ((3)) is 3.618x the length of ((1)), and wave ((5)) is 1.618x the length of ((1)).
Price does not look likely to tag median line (red line) of pitchfork, which strongly suggests a move back below 18500 at a minimum.
First key support is 19888.5, then fib supports until 17235.
NASDAQ blowoff top?!!The stock market has been rallying for approximately 758 days, fueled by optimism and liquidity. However, I believe that within a few months or weeks, the current bull run could reach its conclusion, even in the presence of quantitative easing measures.
This expectation stems from signs of diminishing momentum, overextended valuations, and potential macroeconomic headwinds that may outweigh the effects of monetary stimulus.
Massive gap fillI'm expecting this fair value gap on the daily timeframe to be filled up to 50% before continuing higher. So keep this in mind for your next daytrades
NASDAQ100 - AFTER TWO WEEKS PREDICTIONTeam, this is one of our best swings, we predict the market will go according to the chart. if you check on our post last two week, that when the bullish trend start to move.
NAS 100There is Bullish Trend. Now price coming to define HL, most likely it will retraced from FIB level of 0.382.
Nasdaq Intraday Review - Thursday 14 Nov 2024I trade Nasdaq exclusively
Trading in GMT time zone
Sharing my post day review and analysis in case it can help you!
Did my analysis at +- 5:30 am GMT (00:30 am EST)
Economic news - PPI and Initial jobless claims
News - None
Directional bias - Not sure, morning analysis should guide
Morning analysis:
M TF - Still very bullish, this months candle is up 10'700 pips but still 15 days till candle close. This shows that on the highest level, Nas is very bullish.
W TF - At time of writing this morning, candle is red. The red body is about 1500 pips. This indicates short term bearish bias. Look at last week's candle close, which closed at an all time high after breaking a very strong W resistance, it is reasonable to expect price to retrace.
D TF - Price action is showing that price is stalling. There are very long wick candles for 4 days, which represent the struggle between bulls and bears. As candle bodies are red, we see that bears are slowing managing to push price lower and lower. The way candles look at time of writing, I view this TF to be bearish.
4H TF - Shows a choppy market. There are no clear higher highs and higher lows or lower high and lower lows. Price is spiking widely in either direction, again representing the intense battle between bulls and bears. Three things are clear though, bulls have been unable to break the 0.618 SELL fib level (fib drawn from swing high at B. to swing low at A.). Bulls have been unable to break the 4H H&S neckline upwards. And lastly, up until yesterday, the 4H EMA was acting as dynamic support with bears being unable to break through downwards. But now this morning we have a clear 4H candle close below the EMA and if the 7am 4H candle closes below the EMA again, it shows that bulls were unable to push sellers back up at this level.
1H - Price is in a very bearish position. The 4H and 1H EMA are now above price and can be expected to act as dynamic resistance. The daily pivot point is also above price. Bulls will have to step in with volume and momentum to be able to break through these stacked resistance levels.
Directional bias - looks very bearish. If 4H candle closes at a lower low beneath the 4H EMA, I would consider a sell. Otherwise if a DB forms on the 1H TF and breaks the neckline and subsequently the 1H and 4H EMA, I will enter a buy.
No set bias today because TF showing bearish bias, while M TF is still bullish. It's also concerning that good CPI news was not enough to break through the sell fib levels.
I will let price action indicate what Nasdaq wants to do today.
As the day progressed:
So indeed the 7am 4H candle closed below the EMA. I did not enter a sell because I noted that the candle closed exactly at the 100 EMA of the 1H TF (marked with the thick blue line). It can be seen that this EMA has provided dynamic support to 3 candle touches before at A, C and D..
So in an effort to avoid repeating yesterday's mistake (of buying at resistance), I didn't want to sell at dynamic support. So moving down to the 5min and 15min TF after this candle closed, it was clear that price could not break this support and I did not enter a sell.
Then....
Entered a buy at the hand icon - Confirmations:
1. Market pattern - a DB formed on the 1H, with the neckline broken upwards. The break of the neckline was with a huge momentum candle breaking both the EMAs (1H EMA and 4H EMA - at time of entry the 4H EMA was in the position as marked by the purple line)
2. S&R - Pivot point broken
3. Trend - Temporary downtrend (marked in blue broken)
4. Fib - DB formed below the 0.618 fib level
Mental SL placed at half the height of the DB that I entered in on.
Unfortunately, price came back down and I close my position at my stop loss.
Decided to be out for the day.
What could I have done differently?
Losses are inevitable in trading. They will happen, whether you like it or not. The only question is....are you happy with your loss or not.
I am happy with this loss. I entered on good confirmations and I also entered with half my usual position size because my plan was to enter the other half position if price re-tested the neckline of the DB and moved up again.
So by entering small I managed my risk.
I have had this experience before where I enter on a high TF (1H) DB and price still moves down. This happened when Nas was making bigger TF retracements.
Also, at time of writing (tonight) the D candle has a long red body. If it closes with a long red body...it means we are entering a waterfall situation where price is pushing down with bigger and bigger candle bodies, gaining momentum.
Nas turning very bearish. Will need to consider my directional bias carefully tomorrow and only enter buys on 4H DB or 1H DB if the neckline has been re-tested and price then still moves up.
Hope you caught the nice sell!
Abbreviations:
TF = timeframe
TP = take profit
1H = 1 hour
4H = 4 hour
D = day
W = week
M = month
S&R = support & resistance
H&S = head & shoulders
EMA = exponential moving average
SL = stop loss
