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NASDAQ 100 CFD

NASDAQ: Pullback towards the Fed Rate day has started.Nasdaq flashed a strong bearish signal this week as the 1W RSI crossed under the MA trendline for the first time since November 7th 2023. While at it, the price hit the top of the 2023 Channel Up. The last timw we saw those taking place was on August 3rd 2023, a little after the HH top. A Channel Down may now emerge as the correcting wave to the 1D MA100 and possibly beyond. But for the time being, we want to time a Low on the Fed Rate Decision date on March 21st. Its bottom is our target (TP = 17,100), a potential contact with the 1D MA100, lower Support Zone. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US100Short
by InvestingScope
NASDAQ Correction is starting, at least to 17350.Nasdaq / US100 is near the top of its 14 month Channel Up. As you can see, the patterns between the only two bullish legs of the Channel Up are similar and when the July 19th 2023 top was formed, the index fell on its first bearish wave by -8.75% on its 0.236 Fibonacci level. Sell now and target 17350 (0.236 Fibonacci) and if it closes a 1W candle under it, resell and target 16800 (-8.75% decline). Follow us, like the idea and leave a comment below!!
CAPITALCOM:US100Short
by TheCryptagon
Why I technically feel, Tesla is ready to build 30X againKeep It Simple and Trade With the Trend. As a trader, you have probably heard the old adage that it is best to "trade with the trend." The trend, say all the pundits, is your friend. This is sage advice as long as you know and can accept that the trend can end. And then the trend is not your friend. There are multiple ways to spot trends, direction, and momentum. So how can we determine the direction of the trend? Let's take a look on the KISS rule, which says, "Keep it (as much as possible) simple, stupid!" Here is a method of determining the trend, and a simple method of anticipating the end of the trend. Before we've started, it should be mentioned the importance of time frames in determining the trend. Usually, when we are analyzing long-term investments, the long-term time frame (one-week or larger) dominates the shorter time frames. However, for intraday purposes, the shorter time frame could be of greater value. Trades can be divided into three classes of trading styles or segments: the intra-day, the swing, and the position trade. Large commercial traders, such as those companies setting up production in a foreign country, might be interested in the fate of the currency over a long period of such as months or years. But for speculators, a weekly chart can be accepted as the "long-term". Averages Moving in Pairs With a weekly chart as the initial reference, we can then go about determining the long-term trend for a speculative trader. To do this, we will resort to two very useful tools that will help us determine the stage of the trend. These two tools are the simple moving average and the exponential moving average. Going further and keeping in mind all the mentioned above rules, lets build the trend. Darlings, well graphed Tesla stocks trend is still the same as in 2019, where it started 30x gain. Anybody tried to get all the path at those times? There's a chance you'll miss it again!
NASDAQ:TSLALong
by Pandorra
12
Nasdaq racing to 18,800 level - Trenders havenSInce the Nasdaq reached our take profit, our hands have been sat on! It's tricky for a breakout trader to trade the trends. We never know how long to hold on for (with daily interests that eat up our portfolios). So, I can only assume the uptrend will prevail until it reaches a target of 18,800. This is most likely where the US 30 will reach its target at 40,000 psychological level. But until then, we'll just wait for our breakout pattern to emerge.
NASDAQ:NDXLong
by Timonrosso
NASDAQ: Channel Up peaked. Correction needed.Nasdaq is forming a new HH at the top of the 1 year Channel Up with the 1W timeframe overbought technically (RSI = 70.596, MACD = 766.660, ADX = 46.154) and the RSI in particular under LH and inside the red Resistance Zone. This is a bearish signal, validation would come upon a 1D MA50 bearish crossing. Our target is the 1D MA100 (TP = 16,850). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US100Short
by InvestingScope
2
NASDAQ Is this a Double Top? Potential decline to 16900.Nasdaq (NDX) tested and was rejected last Friday on the 18100 Resistance, which was formed by the February 12 High. This is a technical Double Top formation and as long as it holds, there is high probability for the index to start the new Bearish Leg of the 1-year Channel Up pattern. In fact the recent February 12 High is technically as close of a Higher High for this Channel Up as possible and was formed while the 1D RSI was on Lower Highs since December 19 2023 (Bearish Divergence), similar to the July 18 2023 High. The similarities of the Bullish Leg that started on the October 26 2023 bottom with the previous that formed the July 18 2023 High, are in fact very strong. As a result, it is very probable to see a symmetrical -8.50% decline towards the 1D MA100 (green trend-line) and the Support 2 level but we keep a shorter-term perspective due to the overall bullish dynamics this year and our short is 'only' targeting the 0.3 Fibonacci retracement level (as with the August 18 2023 Low) at 16900. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US100Short
by TradingShot
3
eurusd daily strategic outlook 2024🔸Hello guys, today let's review daily price chart for eurusd. Ongoing accumulation in progress since 2023, strong chart overall. Trading in well-defined range since Jan 2023, therefore it's best to focus on trading near range highs/lows. 🔸Range lows defined at 0640 , range highs set at 0960, premium prices overhead at 1020 and 1080 and premium prices below at 0580 and 0480. Short-term / mid-term outlook: expecting more weakness before reversal / short-term traders can short sell rips/rallies targeting premium prices below / range lows at 0640. 🔸We are trading in well-defined range since January 2023, current risk/reward is slowly shifting in bulls favor, however it's too early to enter on BUY side. 🔸Recommended strategy position traders: bears focus on short selling rips/rallies, targeting range lows at 0640, bulls should wait for price to complete correction near range lows / premium prices, best reload bulls is near 0580/0600, bulls will target re-tests of range highs / 1000 (+400 pips). great risk/reward on buy side as we are closing in on strong horizontal supports. swing trade setup, patience required. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Long
by ProjectSyndicate
12
"NASDAQ Index: Positive Outlook with Potential Retracement" The current outlook on the NASDAQ index shows resistance from the upper band of the upward weekly trend. It also faced rejection from the middle band of the daily channel, marked in gray, but the overall outlook is positive. A slight pullback may occur towards the daily Kaufman moving average and Supertrend, indicated by the circle, to fill a gap. This might involve some profit-taking, which is quite normal. If daily closings occur below the middle band of the gray upward channel, there could be a pullback towards the middle band of the weekly upward channel. The black Ichimoku cloud in the weekly upward trend might provide significant support. Additionally, there could be a retracement towards the RSI middle band at the 50 level. The current outlook appears positive, and there is no clear indication of a downside trend. WARNING: THIS ANALYSIS IS NOT INVESTMENT ADVICE. CONSIDER YOUR RISK TOLERANCE AND FINANCIAL SITUATION BEFORE MAKING DECISIONS. FUTURE PERFORMANCE IS NOT GUARANTEED; THIS IS MERELY AN OPINION. INVEST PRUDENTLY AND CONDUCT THOROUGH RESEARCH.
NASDAQ:NDX
by Can_EasyMoney_TR
CAN US100 MAKE A NEW ALL TIME HIGH ?Hello traders . i think for nasdaq the market is still bullish , if the price manages to give a bullish reaction on the area it is likely that it going to give a trend continuation for bears out there if you wanna sell look for shorts on round numbers / Psycological levels but don't hold for long its agaisnt the trend i think its going to keep going and maybe start possibly reversing on 20.000. just a personal prediction of mine . according to the relative strenght index the market is making higher high but they are getting weaker and weaker i am thinking at the price 20000 by then the buyers will be tired and we might see a possible correction.
EIGHTCAP:NDQ100Long
by xAB777
3
♨ Nvidia stocks are heading Up to recover, after September meltNvidia stocks moved higher in early Monday trading after analysts at Goldman Sachs NYSE:GS added the chipmaker, along with three other stocks, to its flagship list of stock recommendations. Goldman Sachs analysts added Nvidia to the bank's "Americas Conviction List", a step up from the 'buy' rating it assigned to the stock in late August, while holding its price target in place at $605 per share. "Look for Nvidia to maintain its statues as the accelerated computing industry standard for the foreseeable futures given its competitive moat and the urgency with which customers are developing and deploying increasingly complex AI models," Goldman argued. The bank also added cybersecurity group Okta NASDAQ:OKTA , industrial supply group Cintas NASDAQ:CTAS and biotech Quanterix NASDAQ:QTRX to the "conviction buy" list while removing Salesforce NYSE:CRM and Johnson Controls NYSE:JCI . Nvidia, the world's biggest AI chipmaker, forecast current quarter revenues of around $16 billion in August when it published stronger-than-expected second quarter earnings and later unveiled an make it easier for clients to run AI applications on Google Cloud NASDAQ:GOOGL using Nvidia-made chips with deeper integration between hardware and software offerings. "We’re at an inflection point where accelerated computing and generative AI have come together to speed innovation at an unprecedented pace," said CEO Jensen Huang of the Google agreement. "Our expanded collaboration with Google Cloud will help developers accelerate their work with infrastructure, software and services that supercharge energy efficiency and reduce costs." Nvidia shares were marked 3% higher in early Monday trading to change hands at $ 448 /share. The stock is up more than 200% for this year, and reached an all-time high of $487.84 on Aug 29, 2023. Technical picture says, Nvidia NASDAQ:NVDA stocks are still on its positive path, and trading above 6- and 12-months simple moving averages. Moreover the key breakout of technical indicator known as "a Triangle" is happening right here as stocks are recovering form the bearish hug.
NASDAQ:NVDALong
by Pandorra
2
Occidental Petroleum Corp.: Bullish Bias. ContinuationTo be successful on Wall Street, it is important to be flexible and be able to recognize changing market winds - the patterns that tell investors when to get in and out of the market. Sometimes a breeze is a warm and inviting wind: assets rise in value, and it seems that everyone is making money. Other times, it turns into a violent storm, leaving in its wake financial destruction, memories of the past, and hope that better times are yet to come. Occidental Petroleum Corporation (often abbreviated as Oxy in reference to the symbol and logo) is an American company engaged in hydrocarbon exploration in the United States and the Middle East, as well as petrochemical production in the United States, Canada and Chile. The oil company, among other Value Investing Assets, has become one of the main beneficiaries of the weakening and reversal of WFH ("Working From Home") disinflationary trends that quickly shook the entire financial world against the backdrop of the Covid-19 pandemic in Q1 2020. But faded also just as quickly, while since the first quarter of 2021, in two years, many growth assets have been undermined, rocked by scandals, or completely destroyed. It was revealed in March that Warren Buffett's Berkshire Hathaway added more shares to an already large bet on Occidental Petroleum, according to an SEC Form 4 report released on March 7, 2023. The Buffett conglomerate bought nearly 5.8 million shares of the oil company over multiple trading sessions in March, at prices ranging from $59.85 to $61.90, according to the documents. Berkshire now owns 200.2 million shares of Occidental, totaling 22.2% of the oil company's shares, up from 21.4% previously. Occidental shares are currently among the top 10 Berkshire holdings. The energy company outperformed the S&P 500 index last year, more than doubling in price. In March, Occidental CEO Vicki Hollub said in an interview with CNBC that she met with the 92-year-old investor, noting that they talked about the oil and gas industry and related technologies. Last August, Berkshire received regulatory approval to buy up to 50% of Occidental, sparking speculation that Berkshire could eventually buy out the entire Occidental company. Berkshire also owns $10 billion of preferred shares in Occidental and has warrants to buy another 83.9 million shares of common stock for $5 billion, or $59.62 each. The warrants were obtained as part of the company's 2019 deal that helped finance the purchase of Anadarko Occidental. While many investors even now continue to believe in the crypto-snow that melted without a trace the winter before last, the technical picture indicates the possibility of Growth comtinuation in value investment assets, incl. Occidental Petroleum - after the completion of the 0.618x Fibonacci retrace to the Growth that began later to Russian President "Special Military Operation" announcement in Q1'22. Also, the support of weekly SMA (200) in CL1! - Crude Oil Futures adds bullish bias to market participants.
NYSE:OXY
by Pandorra
11
NASDAQ: Short term sell initiatedNasdaq is approaching technical neutrality on the 1D timeframe (RSI = 57.511, MACD = 191.510, ADX = 25.356) as it got rejected near the top of a Double Channel Up pattern. The 1D RSI is printing a technical sequence resembling the July 31st 2023 LH, which was the start of a short term correction. Along those lines, we are opening a short, aimed at the 1D MA100 (TP = 16,850). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US100Short
by InvestingScope
NASDAQ Can this selling be sustainable?Last week (February 08, see chart below), we gave a sell signal on Nasdaq (NDX) as the the price wasn't just at the top of the short-term (dashed) Channel Up, but was also approaching the top (Higher Highs trend-line) of the 1-year Channel Up: As the index suffered strong intra-day selling yesterday, following the higher than expected U.S. CPI report (investors initially view this as an excuse for the Fed not to cut rates quickly), it is a good time to update our outlook. In this effort, we will look at it through the shorter term 4H time-frame this time. As you can see, the price breached yesterday not only the 4H MA50 (blue trend-line) but also the 4H MA100 (green trend-line), which was the first time (for the latter) since January 17, so almost 1 month. This is the first significant bearish signal for the medium-term but the confirmation will come only if a 1D candle closes below it. In that case, we expect the decline to reach first the 4H MA200 (orange trend-line) - 1D MA50 (red trend-line) Support cluster and then after a rebound gets confirmation with a rejection on the 4H MA50 (blue trend-line), target 16550, which is Support 2 and a potential 1D MA100 (yellow trend-line) contact. In that scenario, look also for the 1D RSI breaking below its Support Zone. On the other hand, since the index is rebounding today and is already on the 4H MA50, we will wait for the daily candle closing. If it is above it (as in the cases of the February 01 and January 09 break-outs), it will most likely suggest that the bullish trend is intact. In that case, we will buy the break-out and target 18400, just below the 1.786 Fibonacci extension, which was the Target of both previous Higher Highs. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US100
by TradingShot
1
GOLD dump fractal 2024/2023/2022 TP 1800 USD🔸Hello guys , today let's review daily price chart for gold. All previous setups that I've posted already hit TP, congrats if you followed. 🔸DUMP fractal in progress, it's the same distribution/dump fractal that resulted in heavy corrections in 2022/2023. On the left we got the current price fractal, on the right past dump fractals from 2022/2023. 🔸Based on previous corrections, we can expect 10-18% correction in gold prices from the top (topped out near 2075 usd). Expecting more weakness over next months, until we complete the dump sequence. 🔸Conservative target is 1800 USD, which is a 12% correction off the highs. Aggressive target is 1700 USD, which will require a more steep correction in gold prices. However, I'm expecting prices to stall / reverse near 1800 USD. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
OANDA:XAUUSDShort
by ProjectSyndicate
3
UK100 8 hours short rips/rallies tp 7350🔸Hello traders, this is 8hour chart of UK100. Recently trading in well-defined trading range, risk/reward flipped in bears favor after we got rejection near range highs, therefore recommend to focus on sell setups. 🔸Range highs set at 7660, range lows set at 7350, premium prices overhead at 7700 and 7750, below at 7250 and 7300. Trading now near range highs. 🔸Recommended strategy bears: focus on short selling rips/rallies, bears will target re-test of range lows near/at 7350. strong risk/reward on sell side. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
CAPITALCOM:UK100Short
by ProjectSyndicate
2