Nasdaq Insights for 21-NOV-2024Good morning! Join me for today's Nasdaq market analysis. Share your charts, ask questions, and let's discuss trading strategies.
USTEC.F trade ideas
NAS100 - Upside Seems Limited20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Market Structure Support/Resistance - Green/Red Dashed Lines
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How I see it:
A Bearish flag is signaling more downward pressure.
If price holds below 20800, a SHORT to 20300 is inevitable.
I deeply appreciate you taking the time to study my analysis and point of view.
KEYNOTE:
The most important to consider always, before you leap:
When you jump in the river, make sure you are swimming "WITH" the current!!
Technical and digital analysisWe notice a major downward correction in 15 minutes and I think it has been completed to go down.
NASDAQ(US 100) - BullishNASDAQ looks like maintaining bullish momentum. We can see ascending triangle is in the action and on the last two higher lows we can see a bullish divergence. We can take the entry on break of ascending triangle with Buy stop.
US100USD: Bearish Opportunities Targeting Liquidity PoolsGreetings Traders!
Current Outlook📊:
US100USD remains in bearish institutional order flow, indicating that bearish arrays are likely to hold until a bullish shift occurs. My focus is on identifying selling opportunities aligned with this market narrative.
Key Observations👀:
Liquidity Dynamics: Price recently took M15 sell stops (external range liquidity) and retraced into the Premium Fair Value Gap (internal range liquidity).
Market Behavior: The market typically transitions between internal and external range liquidity. After respecting the FVG, I anticipate a move downward toward liquidity pools.
Trading Plan🎯:
Focus Areas: Look for confirmation entries in zones of confluence to align with bearish momentum, the bearish order block.
Target : Liquidity pool areas highlighted on the chart.
Feel free to share your analysis, discuss insights, or ask questions in the comments below!
Best Regards,
The_Architect
Double bottom patternWe have identified a double bottom pattern followed by a breakout. Currently, we are observing a pullback, which presents an opportunity to enter a long position.
WE ONLY TRADE PULLBACKS
NAS100 BUY NOW!!!!!!!!!NAS100 just sweep liquidity at the sell side liquidity and price made possible rejections am expecting price to sweep all liquidities above the buy side to 21,607 am in now on buys holding till new highs is created
JOIN AND ENJOY
Lets know your views on this..............?
One more zig-zag?Nasdaq is tired and needs more power. So needs to go down to go up. This will be my wedge. After touching top point will go down around -%8. Good luck :)
US100 Awaiting Breakout for Next MoveUS100 Awaiting Breakout for Next Move
US100 has been stuck between 20307 and 20605 on the 60-minute chart. The accumulation so far is quite good, increasing the odds for movement in either direction. The best way to trade US100 at this point is to wait for the breakout to determine the next price direction.
A move above 20605 should push US100 up to 20830 and 20950.
A move below 20307 should push the price down to 20114 and 19945.
You may find more details in the chart!
Thank you and Good Luck!
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BUY NASDAQYou can buy on NASDAQ | NQ1! | NAS100 with the same levels as I placed on the chart!
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Technical and Nvidia Earnings: Key Levels and Strategic InsightTechnical Analysis
The price has stabilized within the bullish zone, targeting 20,860 and 20,990, provided it remains above 20,655.
A retest is possible within the range of 20,655 to 20,550.
For a bearish trend to emerge, the price must break below 20,550.
Nvidia Earnings and Strategic Importance
As NVIDIA (NVDA) gears up to release its third-quarter earnings, the company is projected to report $0.74 per share and generate $32.81 billion in revenue.
Key Levels:
Pivot Point: 20660
Resistance Levels: 20860, 20990, 21080
Support Levels: 20550, 20330, 20150
Trend Outlook:
Bearish below 20550
Bullish while above 20660
Morgan Stanley: Trump’s Tariff Plans Could Lower Stock IndicesMorgan Stanley: Trump’s Tariff Plans Could Lower Stock Indices
As reported by CNBC, Morgan Stanley analysts have evaluated the potential impact of tariff plans proposed by Donald Trump during his presidential campaign on the U.S. economy and stock market.
Key initiatives from the president-elect include:
→ Introducing a general tariff of 10% to 20% on all imported goods.
→ Imposing additional tariffs of 60% to 100% on imports from China.
Morgan Stanley’s Chief Global Economist, Seth Carpenter, suggests these measures could:
→ Eliminate the possibility of interest rate cuts in 2025 and constrain economic growth.
→ Threaten a slowdown in U.S. economic growth by 2026.
→ Drive inflation higher.
→ Pressure industries such as automotive, consumer electronics, machinery, construction, and retail. Increased producer costs are likely to be passed on to consumers.
These scenarios imply a negative outlook for the U.S. stock market. Tariffs may reduce investment appeal and raise borrowing costs for companies, potentially dampening market performance.
How Might This Affect Indices Like the Nasdaq 100 (US Tech 100 Mini on FXOpen)?
Technical analysis of the Nasdaq 100 chart (US Tech 100 Mini) indicates:
→ A broad upward channel has formed in 2024 (depicted in blue).
→ During October, prices gravitated toward the median line, creating a narrower channel between Resistance and Support levels.
→ Around the presidential election, prices spiked to a peak on 11 November but subsequently returned to the median.
The 21,000 level has emerged as a significant resistance point. It briefly acted as support, but the price failed to hold above it. Could bears successfully break away from the median's pull?
So far, the chart shows no clear signs of bearish activity. However, should such signals arise, they would lend greater weight to Morgan Stanley’s forecasts.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Towards 20890 but what will happen after?!The index retraced to upside once it went down top the daily uptrend line in purple, and is on the way to hit 20890 or a bit more but I would say the safe side is at that level. But what will happen after, I can not predict it as of two reasons, first we are still on pre market time, second, that I can not predict how the investors will react to the Nvidia earnings and revenue report which will be announced tonight, which I expect it will come so positive due to their new smart fast chip! but sometimes the report could be so positive but reaction could be negative though and some other times reaction could be so bullish! third, because I can not tell now if the index will retrace back to the purple daily uptrend and break it down or break the red downtrend line above and settle on then will push up harder to try to retest the weekly top downtrend line! So that day could be so volatile at market opening or one hour after and especially on the second day opening as you could see a daily gap due to the power of that report and how a heavy value stock could influence all AI sector.
Good luck all
Note! also worth to say that the bullish harami pattern which happened at the purple uptrend line followed by a green candle spinning top are also great support to push Nasdaq to 20890 and they acted as trend reversal. so my target is the high of the last daily bearish candle. but then i will see what could happen at another trade.
My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help.
I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.
The Rally May Run Out of SteamFundamental Background
According to CNBC, analysts at Morgan Stanley have conducted a study on how the tariff plans announced by Donald Trump during his campaign might affect the U.S. economy and the stock market.
Among the initiatives of the president-elect:
Implementing a general tariff of 10% to 20% on all imported goods;
Introducing additional tariffs of 60% to 100% on goods imported from China.
According to Seth Carpenter, the chief global economist at Morgan Stanley, such plans:
May eliminate the possibility of interest rate cuts in 2025 and also limit economic growth;
Threaten to reduce U.S. economic growth by 2026;
Will lead to increased inflation;
Will put pressure on the automotive industry, consumer electronics, machinery, construction, and retail sectors. It is expected that the costs to manufacturers will be passed on to consumers.
Consequently, this implies a negative outlook for the U.S. stock market as there is a high likelihood that the tariffs will reduce investment attractiveness and increase the cost of borrowing for companies, negatively impacting the stock market.
Technical Analysis
In 2024, the price formed a broad ascending channel (shown in blue);
Throughout October, the price was "magnetized" to the median line and formed a narrower channel between the Resistance and Support lines;
Against the backdrop of the presidential elections, the price surged to a peak on November 11th, but then returned to the median line.
The line around 20,941 level briefly acted as support, but the price failed to sustain above it. Could the bears' attempt to break away from the median line's pull be more successful?
Cyclical Analysis
Cyclical Chart Predicts a Decline in the Nasdaq Index
Conclusions
While the chart currently shows no clear signs of bearish activity, the facts presented above suggest that the vigorous bull market observed throughout 2024 may run out of steam.
NASDAQ BUY/SELLif the market breaks out from previous high 20759.0 market will continue to the upside until 21174.3
if the market fails to breakout from high then entry will be 20697.7 after a breakout candlestick followed by bearish engulfing candlesticks then a sell until 20120.8
Nas100 20nov24London killzone manipulated above asian session highs, sweeping liquidity and testing the supply of a 1H order block and is respecting, i am anticipating strong bearish price action.
Nas100 20nov24London killzone manipulated above asian session highs, sweeping liquidity and testing the supply of a 1H order block and is respecting, i am anticipating strong bearish price action.
The #1 Reasoñ NASDAQ 100 Will Trend UpI have been running in my doubting
About my Trading strategies..
Because sometimes that market 📈
Volatility makes it difficult to trust a system.
But you have to remind yourself that everything takes time especially when dealing with equity stocks
Again full disclosure Am mostly a Bitcoin Trading Expert
Because its easy for me to buy Bitcoin I kind of mirror my Trading strategies to pick stocks to trade.
But there is down side..low margin below x5
Meaning for every stock to trade do not use more than 5x leverage
Because the volatility will cancel you out your position.
Think of these trades like investing.Swing trading is not day trading.
In order to day trade you need to subscribe to monthly payment services such as newsletter, or TradingView
These services will allow you to dive deep into your trading journey so that you can learn how to make money quickly.
These trades I show you are swing or investment strategies.
On average you hold for about 3 months.
It's not easy but it's good for beginners.
This is why CAPITALCOM:US100
Is a good buy because it's price
correlation is connected to Bitcoin COINBASE:BTCUSD
I must warn you.There are a lot of short sellers pilling into Bitcoin.Because they think it will crash ⬇️
Bitcoin won't crash instead it will go up!
Also this chart is following the rocket booster strategy check it out.
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Disclaimer ⚠️ Trading is risky please learn risk management and profit taking strategies because you will lose money wether you like it or not.
Please
Learn More by using a simulation trading account before you use real money
NAS100 Top-Down Analysis and Weekly Outlook1. Price Structure and Market Phases
Accumulation Phase (Phase A to Phase C)
The price has been moving through an Accumulation Phase, characterized by:
Selling Climax (SC): The lowest price level where selling pressure exhausted, marked near 20,254.0.
Automatic Rally (AR): A reactionary upward move after SC, reaching approximately 20,650.5, signaling temporary buying interest.
Secondary Test (ST): A retest near the SC zone to confirm the support region before entering Phase B.
The structure is building strength, with low-volume tests (ST in Phase B) hinting at preparation for a potential breakout.
Phase B: Building Cause
Within this phase, the price oscillates in a range, indicating institutional accumulation. Key highlights:
Support line is established at 20,322.1 (also near the SC zone).
Resistance Line appears around 20,880.0, which aligns with Fibonacci retracement and psychological levels.
2. Key Price Levels
Support Levels
20,322.1: A major support level and the lower boundary of the current accumulation zone.
20,254.0: The absolute low (SC) and the invalidation point for a bullish scenario. A breakdown here would confirm a bearish continuation.
Resistance Levels
20,880.0: The upper boundary of the current range and a critical zone for a potential breakout.
21,245.7: A key invalidation level for Wave 1, which marks a shift to a new upward structure if broken.
3. Volume Profile Insights
Point of Control (POC)
20,257.1: The POC from the horizontal volume profile, indicating the area of highest trading activity and likely a magnet for price.
Volume Distribution
Low-volume pockets near 20,322.1 to 20,254.0 suggest minimal resistance if the price falls, while heavier activity near 20,650.5 may act as resistance during retracements.
4. Fibonacci Levels and Key Retracements
Fibonacci Extensions and Retracements
0.618 Retracement (20,853.3): Marks a shallow correction point and a likely resistance zone for bearish pullbacks.
0.5 Retracement (20,749.9): Frequently observed as a support/resistance level during corrective waves.
0.382 Retracement (20,650.5): Short-term support/resistance where minor reactions are expected.
5. Price Action and Market Structure
Wave Analysis
Wave ii and Wave iii are actively forming. The price is currently in a corrective Wave iv, which is shallow and aligns with Fibonacci retracement zones.
A projected Wave v is expected to test the 20,880.0 - 21,033.5 zone, which aligns with resistance from the volume profile and Fibonacci levels.
Breakout and Retest Levels
If the price closes above 20,880.0, it may signal the beginning of a larger upward move into the distribution phase or bullish SOS (Sign of Strength).
Failing to hold above 20,322.1 will increase bearish momentum, invalidating the bullish accumulation.
Change of Character (CHoCH)
The first CHoCH has already occurred with a higher low forming at 20,254.0, confirming potential bullish intent.
A higher high above 20,880.0 will further confirm the bullish transition.
6. Invalidation and Risk Management
Bullish Invalidation
A breakdown below 20,254.0 negates the bullish outlook and suggests continuation of the downward trend.
Wave Invalidation
Wave 1 invalidation is set at 21,245.7. A failure to reach this level while respecting corrective wave structures indicates bearish exhaustion.
7. Projected Scenarios
Bullish Case
The price will form a higher low near 20,322.1 and break resistance at 20,880.0, targeting:
21,033.5 (Wave v extension).
Further upside toward 21,245.7 if momentum continues.
Bearish Case
Failure to hold support at 20,322.1 will trigger a retest of 20,254.0, possibly leading to:
A breakdown into lower lows, invalidating the accumulation phase and extending the downtrend.
8. Trading Implications
Buy Zone
Near 20,322.1, as this level aligns with support and signs of accumulation.
Confirmations of bullish reversal around 20,650.5 and 20,749.9 are potential entry zones.
Targets
Short-term: 20,880.0.
Medium-term: 21,033.5 to 21,245.7.
Stop-Loss Levels
Below 20,254.0, as this invalidates the bullish scenario.
Sell Opportunities
At resistance levels (20,880.0, 21,033.5) if the price shows rejection and bearish reversal signals.
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What's Happening With Nasdaq100So as y'all know nasdaq had a big correction this year and in the same year a new ath (all time high). However, her structures are very chaotic hence the back n' forth compared to previous years.
She’s struggling at the 11th if july previous resistance and if broken then we up if not, the fall to balance things might just be a possibility. There's a trendline channel she's still in and it has been tested a lot. A 20800-850 break is all we need.
new maintained support at: 20316.
What's your take?
