NAS100 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Nasdaqanalysis
Nasdaq Analysis 17.11.2022Welcome to the BasicTrading channel.
My name is Philip and in todays analysis I quickly go over the situation which we currently have on Nas100.
I will analyse the asset both from a weekly and daily timeframe to show you the best possible trading opportunities.
If you enjoyed this analysis, let me know in the comment section which asset I should analyse tomorrow.
I will personally reply to every single comment.
Dont forget to smash that rocket and I will see you tomorrow with a new analysis.
NASDAQ wanna be BTC- just an entertainment charts. Nothing serious.
- That said, it will be very interesting to watch how NAS100 will react in few weeks.
- Nasdaq seems to want more Volatility
- Remember what FED said : " Don't buy cryptos as they are too volatile.. ", " Volatility is dangerous.. ".
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So remember this :
- Volatility is needed to make money.
- No Volatility = No Money
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- Retailers use Leverages to create more Volatility and to get extra gains. (more dangerous)
- Institutional investors just use big money at the good time and never use high leverages. (less dangerous)
- MM use algorithms.
Click below to get my September older Nasdaq Analysis :
Happy Tr4Ding !
NASDAQ / US100 AnalysisNASDAQ is approaching the support level & demand zone with bullish divergence, & looks bullish for today.!!
Bullish Signals:
1. HH & HL - Bullish Trend
2. 0.5 & 0.618 Fib Support
3. Demand zone at 10910
4. Trendline Support
5. Bullish Divergence on 15min TF
6. US$ approaching resistance with Bearish Divergence
NAS100USD LongThe price has been forming a falling channel for the past few weeks.
I anticipate that the price might continue with the bullish run, touching the upper trend line of the channel.
My position will be at 11040, as I am using the pullback strategy to enter my positions hence it will be above the highest high formed.
My targets are 11180, 11320 and 11460 thus my target R:R is 1: 3.
Remember, risk only 1-2% of your account!
NASDAQ Weekly Volatility Forecast 7-11 November 2022NASDAQ Weekly Volatility Forecast 7-11 November 2022
We can see that this week our volatility is at 4.42% which declined from 4.6% last week.
Currently according to ATR we are on 89th percentile, and according to VIX we are on 77th percentile, indicating in both cases, that we are currently is a very volatile market.
Now, based on the implied volatility data that we have for this week, lets look into further details.
We can see that currently there is 23.6% chance, that our candle is going to close at the end of the week either above/below the next channel
TOP: 11280
BOT: 10300
This can also be translated as a 76.4% chance that the market is going to move within this established range.
At the same, looking at the previous high/low values of the candle, and taking into account the entire history available of data, we can expect that there is going to be a
36% chance that we are going to touch the previous high of 11600
66% chance that we are going to touch the previous low of 10650
NASDAQ - DAILYOn Daily:
price is moving in downwards channel
H&S target and redline marked falls are achieved, after which price is going up
There is another pattern which happened twice before, marked in yellow ovals.
after reaching the trend-line support, price retraces up, and then fall again to re-test the trend-line.
Here price rejected from the orange marked region. This means, price can go back to trend-line, .618 FIB, and daily or weekly support.
IF
the price crosses this orange region, then it can test weekly S&R at 12000ish area. may make LH there, if not ,then it will go to its .618 golden region of rejection, from which it rejected twice precisely.
NASDAQ EXPECTED RALLYNADAQ opened with upward gap in the beginning of the Asian trading session, following the last week shares price increase after positive fourth quarter earnings results.
Major tech companies like AAPL and AMZN are expecting to report earnings this week and the market is anticipating that the pattern from the last week will continue.
On the technical front, the instrument broke the resistance line of the triangle pattern and both RSI and MACD are in the "buy" zone.
If instrument closes the gap and reverses we might see it test its previous resistance at 10 969, otherwise investors might expect levels of 11 680 to be tested.
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NASDAQ - Tech DEFLATION - dotcom crash repeat?NASDAQ - Tech DEFLATION - dotcom crash repeat?
Pretty self explanatory. Can we compare the two periods? Well so far we sure as shit can.
Note the touches below 30 on the RSI during that period. We have not had enough touches below 30 yet.
The fractal can be looked at in two ways as I see it. Both are on there. IMO blue is more likely as we have been going down for awhile and it would make a bit more sense time line wise. But who tf knows.
Its a good idea to have these maps imo to keep your senses about you. ie. to remind you how far this thing COULD drop. People around you will be calling bottoms all the way down, with each one falling like dominoes.
Remember the exuberance during the bull, how the top just keeps topping, well that's this, in reverse. Don't underestimate it either way, it always (almost always) goes harder (not bitcoin this last time) than you think.
Lets see how this shit show plays out.
gl
Nasdaq: Onion 🧅Like an onion, the Nasdaq-chart currently features multiple layers, and the index has processed them all. Hence, there is a 40% chance that it could directly continue the ascent it has already begun and climb above the resistance at 13740 points. However, we rather expect Nasdaq to drop below the support at 10890 points and thus to dive deeper into the blue zone between 11167 and 10043 points, where it should then finish wave (2) in yellow. Afterwards, the index should move upwards, crossing the resistance at 13740 points.
Nasdaq 100 - Progressing into the 2nd stage of the bear marketOur last post on the Nasdaq index outlined our bearish stance on the general stock market. Today will be no different, and we will reiterate our grim opinions and provide more thoughts on the latest developments in the market.
Since our last article, the Nasdaq index continued to drift lower; meanwhile, QQQ reached our price target of 280 USD and halted its decline slightly above the 270 USD price tag. Furthermore, since November 2021, the Nasdaq index has lost more than 33%, plunging deep into the bear market territory.
Unfortunately, we do not see any reversal of the primary trend on the horizon. Contrarily, we think the FED will follow its path of demand destruction, negatively affecting the stock market and the real economy. Indeed, we would argue that the bear market is already transitioning from the 1st stage into the 2nd stage.
The 2nd stage of the bear market is characterized by the decline of corporate profits and economic projections, which is currently under progress. Therefore, we voice a strong word of caution to market participants over the medium and long term. We believe the market will continue to weaken and constitute new lows over time.
Regarding the short-term, major stock market indices are currently hovering near their 2022 lows. Therefore, we are looking for signs of a short-lived bounce. We reason that soon, we will start seeing market participants forecasting double bottom formations, which will once again lure weak hands into the market - ones that will later reinforce the selling pressure.
Despite that, we commit to our bearish stance over the medium and long term. Accordingly, we maintain 11 000 USD price target for NQ1!; as for the QQQ, we currently choose not to set any price target.
Illustration 1.01
Illustration 1.01 shows the daily chart of NQ1!. Yellow arrows indicate recent technical developments. Additionally, two simple moving averages reflect the presence of a downtrend.
Technical analysis - daily time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the daily time frame is bearish.
Illustration 1.02
The image above displays support and resistance levels for NQ1!.
Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
NAAAASSStyyy👊👊👊Hello folks👊👊
It's been a while since my last post,
FOA the buy side liquidity got f*cked at around 13,560.
Price has reached that FVG then give us a big drop to 11,950.
We have the Daily OB at 12,900 - 13,000 level, and it might continue drop at these level👀.
I would say that currently it is a short term bullish here.
Currently tech sector might be a save heven for someone, But I'm more in to gardening my 🧅.
Even Buffet has sold his BYD stock...
Let the market speak for it self.
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🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
NAS100 NASDAQ
Nasdaq: Banana LeafDid you know just how multifunctional banana leaves are? They can be used for cooking and packaging and to serve dishes, and can also be employed as roof or fence. Nasdaq is currently wrapped in a big green banana leaf between 11734 and 12343 points to finish wave 2 in green. Although this could have already been handled, we still give the index some time as long as it is making use of the green foliage. After wave 2 in green has finally been completed, though, Nasdaq should move upwards, climb above the resistance at 13740 points and head for the upper green zone between 15580 and 16444 points. However, a 45% chance remains that the index could drop below the support at 11479 points, thus triggering furthers downwards movement below the next mark at 11068 points.