NASDAQ Bullish within a Double Channel UpNasdaq (NDX) has gone a long way since we called for a rebound on the 1D MA200 on March 17:
Right now the uptrend has slowed down as the Channel Up that started in December has transitioned into a much less aggressive Channel Up, supported by the 1D MA50 (blue trend-line) that is targeting 13500 as part of its Higher Highs process. The 1D RSI which is trading within a Triangle of Higher Lows and Lower Highs can be a guide for buy and sell entries.
If the price breaks above the February 02 Higher Highs, we will increase our buy exposure and target the 13730 Resistance (August 16 2022 High).
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
NASDAQ 100 E-MINI FUTURES
Day Trade Market Condition may 01, 2023this is may 01, 2023 levels for NQ ES CL BTC
watch the table left side for trade, right side for trend
NQ 13500 ES 4260 those levels making the bull not so easy, however, as long as price above vwap on daily chart check out Volume Profile by QTECHtrading markets try testing the levels.
NQ1! On The Rise! BUY!
My dear subscribers ,
This is my opinion on the NQ1! next move:
The asset is approaching an important pivot point 13320.25
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 13564.50
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
———————————
WISH YOU ALL LUCK
nasdaq 4hour chart say= upper target is fibo161%, dont pick sellif you have old sell 100 close all now or hedge them ( lot = 1.5 * total sells)
AC indicator on daily chart is green this show up trend will come
we have 3 fibo 161% now ,,,first fibo 161% show short term target1 is 13600 (pick sell possible there after sell pinbar comes with SL n pinbar high) then nasdaq can go down but will start up trend to 14000 even 14600(daily chart fibo 161%(long term target)
ALERT= on bad news if nasdaq break EMA200 1hour (green line) it is switch signal to sell
i wish you best trade and win but with SL in last high/low ,,,,put,eat SL is base of this game
NQ and ES MFI overboughtNQ and ES MFI are way overbought. PCE numbers came in line with estimates, 90% chance of Fed rate hike.
Probably buy some puts today just so I get back into trading mode, but not really sure what yet. Garbage stocks are already red, but premiums are high compared to stock price, not sure there's any money in shorting crap like PTON or AFRM.
Maybe the algos start cycling into pump and dump mode again. AAPL earnings Thu PM
NASDAQ: Potential rise to fill the August 2022 Gap.Nasdaq crossed over the dotted Channel Down and turned bullish, negated any potential similarity with the March 6th top that prompted to one final pullback. With 1D technicals turning bullish (RSI = 58.126, MACD = 113.800, ADX = 33.345), this indicates that there is still strong potential to extend the rise. Our Short term target is the HH trendline (TP = 13,350) and medium term R1, which is the August 16th 2022 top (TP = 13,730).
Prior idea:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
NQM2023 Chart for 4/27-4/28 S/D LevelsCrazy bullish move, it came close to my long target as mentioned in my previous trade idea! Insane!
I am looking for a possible gap fill and rejection off the upper supply zones 273-326. But granted we have lots of liquidity sitting up there, we may see a nice squeeze through with the large gap fill and its end of month!
Otherwise our P target sits at 13166, which sits in a demand zone. There is lots of gaps to fill to the downside from the fast bull move up as well.
Not if.... but whenThe futures market has been flashing a warning signal under the hood since the beginning of the year, but you wouldn't know it looking at how the market has been blasting higher YTD.
Using a proprietary technical indicator as shown below, you can see that we are far from out of the woods. This indicator measures unexpected "bursts" of volatility which must satisfy equilibrium by returning to the price point at which the burst originally occurred. This is indicated by the blue line on the chart. The degree of accuracy for this signal is over 90%.
This could take days, weeks. or even months to come to fruition... but rest assured NQ1 will return to 11282 at a minimum. Trade cautiously my friends.
NQM2023 Chart for 4/27 S/D LevelsI participated in the London Session, therefore, I did not have charts drafted for this morning.
I just cleaned out the layout for how my charts will look moving forward, until the next adjustments.
Using traditional pivot points, S/D zones, and liquidity/order flow to make my best judgment of trades. As of today we are hitting R4 to shoot for 13200. If we hold and close strong over 13220 area, I am interested to push to 4/17 high 13284 area.
We have broken out of the last 2-week downtrend, looking to break the high of the downtrend of 13284. If we can continue this momentum, can we retest 4/3-4/4 hights? Of course expect pullbacks in between.
Downside targets to test is 13050-13020; if we fail to bounce from this zone, I would like to see the target of 12971 zone to be touched.
This has been an interesting last few weeks.. here is to letting the market play out whatever it wants!
NASDAQ a short term move 🦐NASDAQ on the 4h chart took the liquidity above the previous highs at 13125.
The market tested the 13200 below a previous resistance and created a bearish engulfing candle.
How can i approach this scenario?
The price is approaching an ascending trendline and IF it will break it during the US session i will consider a short order according to the Plancton's strategy rules.
Nasdaq: Tough Sledding 🐌🛷Nasdaq is shuffling on, but the going is tough – to coin a phrase. However, we expect the bears to take more action soon! They should drag the index into the orange zone between 12 577 and 12 136 points, where wave ii in orange should end. Afterward, the bulls should take the helm again, inciting Nasdaq to develop wave iii in orange, which should reach about 14 000 points – providing that the support line at 11 806 points remains intact.
NASDAQ BREAKDOWN ANALYSISdear traders nasdaq wa in down trend after this drop it start to correct last move so follow the instruction in the chart and trade safe wait always for price action to react trade safe and good luck
NASDAQ Correction still has some steam left.Almost 2 weeks ago we called for a multi-day correction on Nasdaq (NDX) after the price broke below the Inner Higher Lows trend-line and the 1D RSI got rejected on the 70.00 overbought Resistance:
Our view is unchanged and we see a few more days extending this correction to the 1D MA50 (blue trend-line) at least or the 0.5 Fibonacci retracement level as it happened on the March 13 Low on the long-term Channel Up.
The only probability of this getting invalidated and start rebounding now is the potential buying pressure that the RSI Higher Lows trend-line may apply, which got hit yesterday. However we see more likely the scenario of the RSI transitioning into a Rectangle, having 43.40 as its bottom.
Our target remains 13400, which is a little under the 1W MA100 (red trend-line), that has rejected break-out attempts twice since May 05 2022.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
NASDAQ Bottom not in yet but closeNasdaq may be inside a long term Channel Up but for the whole month of April has been trading inside a Channel Down.
That is the same pattern that was formed after the February 2nd top.
The price hasn't touched the 1day MA50 since March 15th but is approaching it. We expect the bottom to take place a little under it.
Buy after closing under the 1day MA50 while the 1day RSI hits the bottom of the Channel Down and target 13550.
Previous chart:
Follow us, like the idea and leave a comment below!!
NQ RSI OversoldWent to grab some lunch (I'm on west coast) and noticed that RSI hit oversold on ES, NQ, and RTY. MI is not quite there yet but it'll hit it before market open tomorrow. If you;re short, I suggest closing some positions if not all.
Oddly, this is an indicator for me to buy PCAR, lol, but I think the earnings play was good enough since I'm taking the day off tomorrow. Gap direction will still depend on GOOG and MSFT earnings.
All cash, no trades, but I figure I'd post this for my awesome loyal followers.