NASDAQ 100 CFD
NASDAQ: Forming the new Low of the Channel UpNasdaq is on a neutral 1D technical outlook (RSI = 47.183, MACD = 55.990, ADX = 31.366) as the price is trading sideways on an upward slope at the bottom of the 1 month Channel Up. This is technically the new HL formation process and it is taking place under the 4H MA200 this time. The formation however of a 4H MACD Bullish Cross under 0.000 has been the most reliable buy indicator in the last two months, so it is a good enough reason to buy for us, since the risk factor at the bottom of the Channel Up is so low. The HH that followed the last HL was pcied on the 1.236 Fibonacci level and since the symmetry inside this pattern is high so far (Bearish waves indentical), our target is under the 1.236 Fib extension (TP = 20,750).
See how our prior idea has worked out:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
NASDAQ100 Plummets! Short Trade Nears Final Target!NASDAQ100 (NDX) Analysis:
NASDAQ100 (NDX) has seen a strong downward trend on the 15-minute chart, with the trade setup delivering impressive results. Targets 1 through 3 have been hit, and the price is closing in on the final TP4 level, making this an ideal short trade for traders leveraging the momentum.
Trade Summary:
Entry Level: 20429.42
Target Levels:
TP1: 20323.94 ✅
TP2: 20153.26 ✅
TP3: 19982.58 ✅
TP4: 19877.10 (nearly hit)
Stop Loss: 20514.76
The Risological Dotted Trendline guided traders perfectly through this short trade, marking a strong resistance level as the index continued its descent.
NASDAQ Rejected on the 1hour MA50 but bottom is in.Nasdaq / US100 is trading inside a monthly Channel Up.
Despite getting rejected today on the 1hour MA50, the Higher Low at the bottom of the Channel Up has been priced in.
This is a good buy opportunity. Target 20350 (the 0.618 Fibonacci level).
Previous chart:
Follow us, like the idea and leave a comment below!!
US100 TOWARDS THE SKYWe missed the entry yesterday thinking it would bounce way harder than that, it actually took several hours to get back in an uptrend position ;
for now it seems a little corection to the LL is coming after the 15:30 rush ;
after that, US100 is going to the roof and taking the uptrend direction back.
NASDAQ 100 Sinks on AI Cost Woes - Full Target Breakthrough HIT!NASDAQ 100 (NDX) Analysis using Risological Swing Trader:
In the 15-minute timeframe, NASDAQ 100 (NDX) demonstrated a powerful bearish move, with all targeted profit levels being achieved in a swift drop. This short trade setup showed significant follow-through as investor sentiment shifted negatively due to concerns over escalating AI expenses reported by Wall Street's megacaps.
Key Highlights:
Entry Level: 20,429.42
Target Levels:
TP1: 20,323.94
TP2: 20,153.26
TP3: 19,982.58
TP4: 19,877.10
Stop Loss: 20,514.76
Context:
This bearish momentum aligns with Wall Street’s close on a lower note as major tech giants highlighted rising costs linked to AI developments. The day's range fluctuated between 19,880.26 and 20,227.19, underscoring the volatility and risk aversion among investors. The setup capitalized effectively on this negative sentiment, reinforcing the bearish outlook.
Summary:
This trade on NASDAQ 100 hit all targets with precision, benefiting from the broader market's reaction to heightened cost pressures in the tech sector. This downward move underscores the impact of macroeconomic concerns on equity performance, particularly in high-cost sectors like AI.
NASDAQ Bottom of the Megaphone.Nasdaq is trading inside a Megaphone pattern on the (1h) time frame.
The price is very close to its bottom, which starts to signal a buy.
Each of the previous two bottom rallies, hit at least the 0.786 Fibonacci level.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 20450 (litle under the 0.786 Fibonacci level).
Tips:
1. The RSI (1h) turned oversold. A strong buy indicator.
Please like, follow and comment!!
Nq potencial bullish flatSeems like NQ is in a Bullish flat formation, that will take another few weeks maybe couple months to resolve.
Still Bullish longer term as long as August low is not pierced!
Long around b (in blue) of 3 (green) to new ATH's... then we'll be looking for signs of bearishness and entry to short for a big 5 waves down!
Nq potencial bullish flat Seems like NQ is in a Bullish flat formation, that will take another few weeks maybe couple months to resolve.
Still Bullish longer term as long as August low is not pierced!
Long around b (in blue) of 3 (green) to new ATH's... then we'll be looking for signs of bearishness and entry to short for a big 5 waves down!
NASDAQ: Channel Up topped. Opportunity for short term selling.Nasdaq turned bearish on its 1H technical outlook (RSI = 38.742, MACD = -3.920, ADX = 40.192) as it crossed under the 1H MA50. This comes after almost an exact touch at the top of the September Channel Up and while the 1D timeframe has gone from bullish to almost neutral. The last two rejections at the top targeted at least the 1.236 Fibonacci level on the pullback. That is what we aim for on the short term (TP = 20,250).
See how our prior idea has worked out:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
NASDAQ Ready for an impressive finish of the year.Nasdaq (NDX) is coming off a 4H Golden Cross, the same kind if formed on November 08 2023, straight after the bottom of the 18-month Channel Up. As the 1D MA200 (red trend-line) has been in strong support of this Channel Up, the index is now on a similar Bullish Leg (blue Channel) as the one that started 1 year ago.
We are at the stage were after a roughly +20% rise from the bottom, the short-term Bullish Megaphone tested and held the 4H MA200 (orange trend-line), which based on the January 2024 fractal, could initiate the 2nd Phase of the Bullish Leg.
The previous one peaked on a +31% rise, so we expect the index to reach at lest 22000 by the end of the year.
-------------------------------------------------------------------------------
** 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. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Russel 2000. Rejection at the top, correction on the way?Probable correction on the RTY Russel 2000 index. Rising wedge and failing to break the prior top.
Support on every fibo level to the downside, with an ultimate floor on the monthly lower Mogalef bands the long term sideways channel, and the very long term trend line, all around the 1,600 area
nasdaq falltoday as seen in the chart.
we tested the bottom of the range and wherent able to move with enough energy to the upside.
in the american sesion today we dditn ake a new high.
i see weeknes in the market.
entry in blue.
target in green.
to be able to take the win you also have to be able to the loss.\
have fun
Elektra
NASDAQ Tight buy on the support level.Nasdaq / US100 just hit the Rising Support of October.
This is the level where the late September correction bottomed and a new bullish wave started.
Initially it hit the 0.618 Fibonacci level and then pulled back to the Rising Support again.
With the 1hour RSI deeply oversold, we see the current level as a strong buy opportunity.
Buy and target 20280 (Fibonacci 0.618).
Previous chart:
Follow us, like the idea and leave a comment below!!
NASDAQ: Approaching lower supports. Two levels you can enter.Nasdaq has turned neutral on its 1D technical outlook (RSI = 52.116, MACD = 179.950, ADX = 45.004) as it failed to make a new High above the LH trendline and is being pulled down towards the 4H MA200 and 1D MA50. Those two are the major support zone and buy entry. But before that, the first is where the price is right now, at the bottom of the dotted Channel Up. The 4H RSI is almost on the S1 level (33.50), which has been the buy signal for October.
So the first buy entry is now, aiming at a +4.50% increase (TP = 20,950). If it fails, add another just over the 1D MA50 and take profit on both after again a +4.50% price increase (TP = 20,650).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
Trump Media Surges! TP1 & TP2 Done – More Targets in Sight!DJT (Trump Media) on the 15-minute time frame, long trade.
Entry: $28.64
Current Price: $34.33 (TP2 hit)
TP1: $30.81 (Hit)
TP2: $34.33 (Hit)
TP3: $37.85
TP4: $40.03
Stop Loss (SL): $26.88
With two targets already hit, the momentum suggests we could see the next targets getting hit soon!
NASDAQ can explode to 25000 if the 1D MA50 keeps supporting.Nasdaq (NDX) appears to be coming off yet another short-term consolidation (ellipse pattern), the kind of accumulation it is accustomed to while trading within its 2-year Channel Up.
As we have established in previous analyses, the index is on its 3rd Bullish Leg of this pattern following the August 05 bottom (Higher Low) on the 1D MA200 (orange trend-line). When the same consolidation took place in the previous two Bullish Legs, the index remained supported by the 1D MA50 (blue trend-line) and went off to complete a rise of +49.50% and +47.80% respectively. The 1D RSI fractals of all those sequences, also display amazing symmetry.
If the rallies are on a decelerating rate, we can expect the next one to hit at least 25000 (+45.50% from the Aug bottom). As you can see, the Higher Highs of the Channel Up tend to form after the Sine Wave tops, while the bottoms are exactly on point.
-------------------------------------------------------------------------------
** 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. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Replace a 100 000 USD salary with income from trading🔸 Develop a Strong Foundation in Forex Trading
Before considering Forex as a full-time source of income, it’s essential to build a solid foundation in trading.
▪️Learn the Basics: Understand Forex fundamentals such as how currency pairs work, how to read charts, how the market operates, and how global economic events affect price movements.
▪️Master Technical and Fundamental Analysis: Study technical analysis (price action, indicators, chart patterns) and fundamental analysis (macroeconomic data, interest rates, geopolitical events). This allows you to make informed trading decisions.
▪️Study Risk Management: Managing risk is crucial to avoid catastrophic losses. Learn how to calculate position sizes, set stop-losses, and limit leverage. Most professional traders risk no more than 1-2% of their capital per trade.
▪️Backtest and Paper Trade: Test your trading strategies on historical data and in demo accounts to ensure they are profitable over time. This will help you refine your approach without risking real money.
🔸 Create and Test a Trading Strategy
A successful trading career requires a well-defined trading strategy. This is critical for consistency and profitability.
▪️Define Your Trading Style: Determine whether you are a day trader, swing trader, or position trader, based on your risk tolerance, time availability, and financial goals.
▪️Build a Strategy Based on Time Frames and Setups: Whether you focus on scalping, trend trading, or breakout strategies, you need a strategy that works for your trading style. Be sure to incorporate indicators (moving averages, Fibonacci retracement, RSI) and a risk-reward ratio.
▪️Test the Strategy: Test your strategy on demo accounts or paper trade until you have confidence in its profitability over the long run. A good strategy should consistently deliver positive results over several months and market conditions.
🔸 Accumulate Enough Capital
Forex trading requires sufficient capital to replace a salary and generate consistent income.
▪️Set Realistic Capital Requirements: The amount of capital you need will depend on how much monthly income you need and how much risk you are willing to take. Generally, to replace a full-time salary with Forex income, you will need significant capital (likely in the range of $50,000–$100,000 or more). This amount allows you to generate enough returns without taking excessive risks.
▪️Calculate Your Required Return on Investment (ROI): Let’s say you need $3,000 per month to replace your salary. If you have a $100,000 account, you would need a 3% return per month. If your account is smaller (e.g., $10,000), you would need a much higher (and riskier) 30% return, which is unrealistic in the long run.
▪️Use Leverage Cautiously: Leverage can magnify both profits and losses. While Forex brokers often offer high leverage (e.g., 50:1, 100:1), it’s essential to use leverage cautiously, as it can lead to significant losses if a trade goes against you.
Can NVDA hit 200 USD in Q1 2025?🔸Time to update the NVDA trade setup, previously was expecting
a correction in this market, based on fundamentals we are definitely
overextended, however NVDA so far is trading purely based on momentum
ignoring the fundumentals. It's the star stock of the 2024 stock market.
🔸Previous strong uptrend, we broke above key psychological S/R at 100 usd. Right now we got a compression setup, expecting limited upside / pullback heading into US elections, having said that probably any downside beyond 115/120 usd is very limited. current floor set at 100/110 USD.
🔸Compressing into wedge formation, most likely we will break out
to the upside following a shallow pullback in November 2024.
Also November/December is a very strong seasonal period for US stock
market, so it's really hard to recommend short selling NVDA.
🔸Recommended strategy bulls: expecting pullback near 114/118 USD
in November going into elections, limited downside beyond 110 USD.
BUY/HOLD near 114/118 TP bulls is 200 USD, which is almost 75% upside.
Most likely we will reach target somewhere in Q1 2025, probably January.
🎁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.
UPSTART HOLDINGS Short Trade in Motion! Awaiting Profit TargetsTechnical Analysis: Upstart Holdings – 15-Minute Timeframe (Short Trade)
A clear short trade entry was identified at 51.67 for Upstart Holdings. The price is currently moving in the anticipated direction, and we are waiting for the profit targets to be hit.
Key Levels
Entry: 51.67 – The short position was initiated after identifying strong bearish momentum.
Stop-Loss (SL): 54.54 – Positioned above resistance to manage risk and protect against potential reversals.
Take Profit 1 (TP1): 48.13 – The first target we are eyeing as the bearish trend unfolds.
Take Profit 2 (TP2): 42.41 – A further downside target as selling pressure increases.
Take Profit 3 (TP3): 36.68 – If the bearish momentum remains strong, this is a possible next target.
Take Profit 4 (TP4): 33.14 – The ultimate target, signaling a significant downward move.
Trend Analysis
The price is trading below the Risological Dotted trendline, confirming a solid downtrend. With the entry in place, we are now waiting for the price to reach TP1 at 48.13 and beyond, depending on further momentum.
The short trade on Upstart Holdings has a promising setup with a clear entry at 51.67. We are now monitoring the trade as it approaches the first target, expecting further downside momentum.