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Nasdaq Composite Index CFD

Market Watch Can the NASDAQ Overcome Resistance or Will It Fall?The NASDAQ has been struggling to break above the $20,059.24 resistance level, facing multiple rejections in recent sessions. This repeated failure to push higher suggests a potential shift to bearish momentum, especially with broader market weakness observed this week. If the NASDAQ fails to clear this resistance, we could see it break down from its current channel, which has been intact since September 6, 2024. If the price moves lower, the next key support levels are at $18,669.99 and $17,975.67. A breakdown below these levels could trigger further declines, and the market might follow suit with a broader selloff. These support levels are critical for any potential reversal. Keep a close eye on the resistance and support levels, as the direction here could influence the broader market sentiment in the coming weeks.
NASDAQ:IXIC
by CryptocurrencyWatchGroup
Important Support Zone: 17496.82-17806.08 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- I published it as a NAS100USD chart, but this is the first time I published it as an IXIC chart. The reason I published it as an IXIC chart is to check the gap location. - To summarize the content below a little more, - The key is whether it can receive support near 17806.08 and rise above 18425.15. - If it rises, it is expected to determine the trend again near 19189.16-19615.36. - If it falls below 17806.08 1st: 17496.82 2nd: 16480.98-16574.39 3rd: 15491.66-15780.14 You need to check whether there is support near the 1st-3rd above. - Since the StochRSI indicator is currently in the overbought zone, even if it continues to rise, it will eventually show a downward trend. At this time, whether there is support near 17496.82-17806.08 is important. ------------------------------------------------------------------------------- It is rising with a 2.32% gap increase. It is expected that a full-scale uptrend will begin when it rises above 18425.15. Therefore, the key is whether it can rise with support above 17806.08. If it falls below 17806.08, it is likely to fall to around 17395.53. - It has risen above the left Fibonacci ratio 3.14 (17191.03) and is rising near the right Fibonacci ratio 0.886 (18171.81). Therefore, if it rises above 18425.15, it is expected to determine the trend again near the right Fibonacci ratio 1 (19189.16) ~ left Fibonacci ratio 3.618 (19615.36). - However, since the StochRSI indicator is currently in the overbought zone, it appears to be forming a high point. Whether this high will be a real high or a high to create a pull back pattern will depend on where it is supported. Therefore, if it falls to the lowest point from the current price position, the key point is whether there is support near 17496.82. However, as I mentioned earlier, the first support area is near 17806.08. - Have a nice time. Thank you. --------------------------------------------------
NASDAQ:IXIC
by readCrypto
E.L.E.2Just another day at the office... Plotting the SPX median line shows something quite ordinary. No problem is apparent. All is well in the financial markets. Classic candle charts hide the truth, as I have many times explained. SPX now prints a bear 2M bar on the 3-line-break chart. This simply means that a bearish engulfing has taken place on a significantly large timeframe. These things come up rarely. They must not be ignored. ... Extinction Level Event 2 On the main chart we see a massive RSI divergence taking shape. Coupled with a massive bearish engulfing, fear is beginning to hit. Too much has accumulated in Big Tech. (Notice the bull confirmation) SPX Democracy is at a multi-year low. The XLK vs SPY ratio has reached the 2000 levels. (Notice the bear confirmation) The .com bubble burst is coming again. No big stock is safe from this event... MSFT META There is really no point showing more. If you get it, you get it. Mayday Mayday Mayday Brace for impact
SP:SPX
by akikostas
(Personal Savings vs IXIC) * Purchasing Power of USD (Personal Savings vs IXIC) * Purchasing Power of USD I noticed Personal Savings is very bearish, near 2011 levels. So I multiplied the Purchasing Power of USD by DXY and the IXIC, Composite Index. So it's a more fair comparison of value to the past. Then I adjusted the Decimal Places, so they would be in the same scale, for better comparison. As the arrows point out, when Personal Savings falls below the Andrew's Pitchfork Median, Bear markets start. With Unemployment up, and a dead housing market, this is a bad sign.
FRED:PMSAVEShort
by Nicklaus68
2
THE FREAKY SEVEN IS SET TO CONTINUE ITS CHEMICAL TRIP. SOON...US stock indexes closed mixed on Monday as investors awaited a massive wave of data this week. 171 companies within the S&P 500 are set to report their second-quarter earnings results this week, and expectations are high given the Nasdaq Composite (IXIC) 16% year-to-date rally. Some of the biggest companies including Apple, Microsoft, and Amazon will report results this week. I won't sing you lullabies about expected numbers. The major technical graph indicates that 50-Day SMA already done & fully retested. The next one chase is IXIC 125-Day SMA & all the way below, as much as it possible.
NASDAQ:IXIC
by Pandorra
SPX | The Sleeping PilotTraders have made the ultimate mistake, they were caught sleeping on the steering wheel. And after missing the trend, they attempt to enter it again, only to realize that they have trapped themselves. A question arises: Were they sleeping or are they performing a suicide attack? SPX is like a sharp kamikaze plane. Perhaps of Japanese origin, closing in to Perl Harbor. A wise one should never cut towards them. A knife pointing upwards can only kill bulls. If they wish prices to go up, they must turn the knife down, to kill any bears that step in their way. But it seems though the markets are not wise right now. A successful kamikaze is a fearless kamikaze. All was well when the soldier was certain of their attack. SPX has been moving in perfect correlation with fearless index, aka VVIX / VIX ratio (orange line). But now they have second thoughts. And that is their weakness. SPX is heading upwards with growing fear right now. VVIX/VIX is the thought, SPX is the action. We are in a jet lag, in no mans land. The seconds before the pilot moves the joystick back instead of forward. This is not the first time we are dealing with a soldier who is having second thoughts. Once in 2018... ...another one in 2020... ...and finally in 2021. This fight is almost over for the bulls. Question is: Who will win the war? Tread lightly, for this is hallowed ground. -Father Grigori P.S. Many have made jokes about the POTUS as being sleepy. Never call someone something you don't want to be called yourself.
SP:SPX
by akikostas
9
The Apple DominionThe weakest minion can terminate the Apple dominion. Apples, like all fruit, are born to serve two purposes. To spread the apple species and to feed birds, worms and humans. The life of the apple is interesting to watch. It began as a tiny seed in the fields of NASDAQ in 1980, weighing at $0.39 (or grams). Now the apple has grown to be almost 800 grams. That is record heavy for an apple. (There have been several stock splits that lowered the price of each apple) The miracle of nature is, that a tiny cell can multiply thousands upon thousands of times. In this case, our apple fruit has grown almost 2000x since its birth. We have fed off of apples for a long long time. The consumption of apples (measured in pieces) reached its peak in 2010. Most who needed to eat a single apple, have eaten it. Volume is significantly decreasing. This apple fruit is now massive in size. No sane person would eat 800 grams of apple in an evening. Of course volume has significantly weakened. Now with a single apple you can feed an entire family. To make some sense of the real need for apples, we have to consider the daily consumption of apples in grams, not in a piece-by-piece basis. This indicators makes a very simple calculation. It multiplies volume with the logarithm of price. If we wish to compare price to volume, we must convert them both in the same scale. Volume is linear, while price is logarithmic. To compare apples to apples, price must be turned into a linear number. An interesting phenomenon takes shape right in front of our eyes. Apple consumption reached its peak in 2008. From then, the market is getting progressively more saturated in apples. Think about it. Everyone who needed an apple, has eaten one. There is almost nobody left who has never eaten an apple. Up until 2008, most the majority of apples went into our mouths. Now, the majority of apples will have to evacuate through the back door. Consumers have eaten too much of everything, not just apples. Similar saturation problems occur in the wider feed (equity) market. Stepping aside from the wider eating problem, we can perform some more analysis on recent price action of apples. To further support the following analysis, I will consult some professionals. Robert D. Edwards, John Magee and W.H.C. Bassetti. In their book called "Technical Analysis of Stock Trends (Eleventh Edition)", in page 62 there is an incredible chart. As it turns out, Head-and-Shoulders patterns can be non-normal. With many bumps for heads and shoulders. This chart will be used as a guideline for recent apple prices. These charts are too similar to ignore. Truth is usually hidden right under our noses. We may choose to ignore it, but it still exists. While the NL (Neck Line) trend is intact, a wider trend is at risk. Even if price tries to cloud your judgement using fakeouts, you must stay strong in your view. And if you are afraid of being wrong, you must find more ways to prove that you are not an elephant. Tread lightly, for this is hallowed ground. -Father Grigori
NASDAQ:AAPL
by akikostas
16
The Dot-AI BubbleSpeculative bubbles excite traders and investors alike. NVDA is the absolute winner of the AI craze. Craze is the sentiment of the market cycle peak. After craze and euphoria, fear and denial will inevitably flood our minds. It is nothing more than the never-ending cycle of the economy. A simple line drawn on a chart spells the ultimate demise for speculation. NVDA is making all-time-highs. Its performance/momentum however is showing alarming signs of weakness. Beware. Not all is as it seems. The very nature of a Bubble is that it defies all measurable mathematics. NVDA wants more. It wants everything. Just like any other corporation would. For capitalism, more equals more. NVDA aims to swallow the entire money supply. Improbable as it may seem, physics theoretically allows that. Divergence is one of the most misunderstood concepts in analysis. Divergence is not describing a future weakness. It describes the current weakness. NVDA is moving so fast, that its bear market is itself growing exponentially. If NVDA is now moving slower now than it was in 2015-2018, how fast is it trying to go? NVDA remembers the explosiveness of that period, and is trying everything to repeat it. Prices and investors have memory. Both however forget the well-known saying. Past performance does not guarantee future performance. This is the Achilles' heel of prices. They promise what they cannot deliver. Price will reach as high as possible, for as long as there is a willing buyer to take the bait. For capitalism, more is better, at all costs. The ultimate cost will certainly be paid. The last buyer will be the last NVDA bear who will give-in the mania. And that will mark the end. Tread lightly, for this is hallowed ground. -Father Grigori
NASDAQ:NVDA
by akikostas
20
Liquidity Crisis may happen, Market TOPPED OUTLiquidity Crisis may happen most of hedgefund did buying treasury bond and then treasury bond margin loan , so they made almost 50x leverage on bond market times over and over now only t-bill s gonna be recognized as collateral so t-bill market happend this method But NFP is too strong, FED didn't do Rate Cut now So t-bill is bubbled now, we are gonna kill it and stock market just knew there's plenty of liquidity until today Only when the tide goes out do you discover who's been swimming naked. So market topped out
TVC:NDQShort
by newjeansoldjean
5
Silicon Valley's Lab RatCrypto is an experiment. A new way for illegal payments to be more accessible to the masses. Decentralization is a fancy way of saying that Bitcoin is digital black money. Black is the color banks are allergic to. Is Bitcoin strong enough to battle against Banks? To follow its paradigm, 23 thousand more coins have been opportunistically created. Each one of them attempts to get a piece of the black market pie. There is no law that forces Bitcoin to be an ever-growing commodity. There is no law that forces it to go to waste. The only law behind it is supply and demand. And if you have been paying attention, we haven't had much supply up here... If you want this coin to grow further, you must see where the majority of buyers are at. In this case, the buyers are quite lower. Now we are in a zone where the excitement of a Bitcoin ETF is clouding your judgement. If you clear your mind, you will realize that we are in the same story over and over again. An eternal attempt to trap buyers and sellers in the wrong place. The main chart calculates an extremely simple quantity: How much more expensive is the next contract than the current one? This is one of the ways to calculate bullishness/bearishness in market. Now it is in an all-time high. In similar levels to March of 2021. And boy this is bad news. Notice a similarity??? Let me explain further... No words need be spoken. A classic redistribution pattern appears in both cases. And the pattern is eerily similar. In the end, it is déjà vu. Further analysis: Human psychology is independent of instrument or timeframe. Déjà vu, over and over and over again... Bitcoin may be Silicon Valley's Lab Rat. Don't be Bitcoin's Lab Rat. A serious trader must be neither excited nor fearful. Tread lightly, for this is hallowed ground. -Father Grigori
CME:BTC2!
by akikostas
30