NAS100 Finds Support: Trendline Bounce Signals Potential UpsideNAS100 has recently touched a key trendline, finding significant support that could lead to a bullish reversal. This trendline bounce suggests potential upward momentum as buyers re-enter the market.Longby MarkhorTraderUpdated 115
NASDAQ Extremely bullish for the next 30 days.Nasdaq (NDX) is extending a very aggressive post-election rally that is coming after a clear technical hold on the 1D MA50 (blue trend-line). This is just a short-term movement inside a (blue) Channel Up that emerged after the index rebounded on the 1D MA200 (orange trend-line), which in turn is the Bullish Leg of the 2-year Channel Up pattern. As you can see, the price action is so far very similar to the Channel's previous Bullish Leg that also started on a 1D MA200 hold (October 26 2023). Based on the 1D MACD's Bullish Cross and the 1D RSI bullish reversal, we are in symmetrical terms on a situation similar to January 23 2024, with the price above the 0.618 Fibonacci retracement level. We still expect a similar +30% rise from the last bottom (August 05) to be completed, so our 22000 medium-term Target is intact. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot21
NAS100 EXPECTATIONS!!!!NAS have been on uptrend chart for years now using the equal liquidity structures in the drawings nas is expected to create another highs above 21,400 then make the completion of the three top pattern then am expecting to see price reject from that level to starts making its way down 20,676 which is a very strong level for profits taking if price runs the liquidity below then more sell is expectedShortby CAPTAINFX2116
Gear Up for the NASDAQ 100 Bull Run Next Week The NASDAQ 100 has been riding a bullish wave recently, closing out last week at record highs. With strong performances from major tech stocks contributing to this upward momentum, the index has shown resilience in maintaining higher highs and higher lows throughout the past week. Key Actionable Insights and Takeaways Specific to NASDAQ 100 - Watch for continued bullish momentum as the index has shown solid upward movement. - Maintain a focus on key resistance levels, particularly around 21,000, which has proved pivotal in the short term. - Look for potential pullbacks as the index approaches new highs; these could be opportunities for swing trades. Summary of Expert Opinions on NASDAQ 100 Experts are largely optimistic about the NASDAQ 100's potential for further gains in the upcoming week. Many are looking for the index to break through significant resistance levels, suggesting that momentum will continue if these targets are surpassed. The bullish outlook is bolstered by strong performances from tech stocks, particularly those within the semiconductor sector. Based on the wisdom of all professional traders - Target 1: 21,332 (short-term) - Target 2: 21,600 (if momentum continues) - Stop 1: 20,800 (to protect against a downside move) - Stop 2: 20,500 (for additional security in case of volatility) For longer-term targets, experts suggest the NASDAQ could reach as high as 23,000 to 23,750 in the coming months if the prevailing bullish trends hold. Notable News or Events Affecting NASDAQ 100 Recent election results have sparked a rally in major indices, including the NASDAQ 100. Analysts are watching semiconductor stocks closely as they are expected to drive further gains, especially after strong quarterly earnings reports and market optimism surrounding technological advances. Longby CrowdWisdomTrading0
US100- bias long Bullish indications: HHHL trend line resistance broken. Bullish engulfer candle from trend line support. Moving average respected Resistance broken at 21088 Bearish indications: Bearish divergence 4 hr and 15 min time frame. Trade plan bias long @ 21094 SL:21037 TP1:21156 TP2:21212 Longby gouthamkulal1Updated 10103
NASDAQ 100 H1 Chart BreakdownWyckoff Distribution Phase: The chart shows clear signs of a Wyckoff Distribution, which suggests the market is in the process of transferring from bullish to bearish sentiment. The market is likely in Phase C, where the price tests supply at a premium level before a possible markdown phase. In Phase C, we typically see a test of the resistance zone (created by supply) followed by a final push down. Harmonic Patterns: A Bearish Bat Harmonic Pattern has completed near 20,432, signaling a high probability of a reversal or a temporary top. The harmonic pattern provides confluence with the Wyckoff Distribution, as both imply that the market may be exhausted at current highs. Break of Structure (BOS) & Change of Character (CHoCH): There’s a noted Break of Structure (BOS) at 20,162, where the market shifted from bullish to bearish. Following the BOS, we have a Change of Character (CHoCH), indicating a potential reversal from bullish to bearish sentiment. Key Levels: 20,432 is a significant resistance level where both the harmonic pattern and distribution align. A failure to break above this level confirms the bearish scenario. Targets on the downside include 20,297 (discount zone) and 20,162 (liquidity zone). Short-term Outlook: NASDAQ 100 is expected to continue lower if it fails to break above 20,432. Downside targets include the 20,297–20,162 range.Shortby spaceangelUpdated 118
NAS100 Outlook for the Week (October 21-28, 2024) Key Concepts: Wyckoff Phases and Distribution: The chart seems to follow the Wyckoff methodology, particularly focusing on Distribution phases (Phase A, B, C). The current price action appears to be in Phase C, approaching the potential markdown (downtrend) continuation. Supply and Demand Zones: A Bearish Order Block is identified at the upper part of the chart, indicating an area where institutional sellers are present. Price action is likely to be rejected here, pushing prices lower. There is also a Buy Side Liquidity zone that was previously mitigated and failed to push price higher, confirming further bearish momentum. Elliott Wave Analysis: We can see an Elliott Wave structure forming, with a Wave 3 completion in progress. Wave 4 is expected to be corrective (minor upward retracement), followed by Wave 5 (continuation of the downtrend). The labeling of the waves implies that next week's price action is entering Wave 5, which will likely bring prices lower towards the 2.618 extension levels seen on the chart. Liquidity and Smart Money Concepts: Liquidity Sells Below Wave 2: Retail traders' stop losses are marked below the previous Wave 2 low. Smart money will likely target this liquidity zone to push price lower. SOW in Phase B (Sign of Weakness): The chart shows a SOW (Sign of Weakness), confirming a bearish trend during Phase B. Prices are likely to continue lower as market participants distribute their holdings. Market Structure and Break of Structure (BOS): The chart highlights CHoCH (Change of Character) and BOS (Break of Structure) events. These represent moments where the market shifted from bullish to bearish structure, signaling a downtrend. There’s a CHoCH in Phase B, leading to MSB (Market Structure Break), confirming a further decline. Fibonacci Levels: The Premium and Discount levels marked on the chart indicate the range where price is likely to react. Prices rejected from the 0.705 retracement level, confirming a bearish continuation towards the Discount range (below 20,000 level). Outlook for Next Week: Monday: Expect a continuation of the bearish move, possibly targeting the current weak low around 19,640. Early in the week, we might see minor retracement into the Wave 4 correction, but this is expected to be short-lived. Tuesday - Wednesday: Market could test the Bearish Order Block or the Premium level again before moving lower. Watch for a Break of Structure (BOS) around the 19,910 level. If this level holds, a strong push down into the lower liquidity zones is likely. Thursday - Friday: Wave 5 should start its completion phase, driving price further down towards the 19,131.8 and 19,210.3 levels. This would be in line with the 2.618 Fibonacci extension, where we can expect significant support or a reversal if market conditions change. Key Levels: Bearish targets for next week: 19,210.3 (2.618 extension), 19,131.8 (2.786 extension). Support areas to watch for potential reactions: 20,042 and 19,640.Shortby spaceangelUpdated 181856
NAS100...Ever The Bullish Instrument Part 5This week will prove to be one of the easiest trading weeks as the strategy I have been using will align perfectly with the current market conditions. Last week we saw the ATH broken and then pushed higher on Friday and now we have a new ATH to start the week. This does not mean that I will enter trades from the current position as a retracement will be due soon, however since I am not selling the retracement, I will wait patiently for it to be over. What am I expecting for the week? 1. More Hl's to HH's 2. More volatility as we have CPI, Inflation, Powell's speech etc. All in all I will be patient and wait form HL's to HH's and not try to sell a historically bullish market. You may not hear from me much this week, however my strategy remains the same. Have a great week #oneauberstrategy #auberstrategy #aubersystem #whywewait #patience #zigzagtheoryLongby AuberstrategyUpdated 3
Nasdaq trading insights 11-NOV-2024Nasdaq trading insights for today: Explore our zones for informed decision-making.05:24by DrBtgar1
NAS100 LongsAfter a strong bull run last week. We should have an early pullback in the week. Setting Up for some potential buy opportunities come wed. or thurs. Be patient wait for proper 4h patterns at support levels.Longby IndependentTradingUniversity2222
NAS100 - WHEN DO WE EXPECT THE DOWN TRENDTeam, I was roughly measuring the trend last week for NAS. But today, I have carefully measured the position where it would be an excellent short-area I would consider shorting around 21255-21295, with a TIGHT stop loss at 21335 Target 1 at 21136-21115 Target 2 at 21005-20985 Target 3 at 20925-20905 PLEASE NOTE, take some partial at 1st target ranges and bring stop loss to BE for further Target. Shortby ActiveTraderRoom10
Consistency in DNA #1OANDA:XAUUSD Hello traders! <3 This is a beginning of a legendary journey through the power of the markets. You have no idea what I have to gone through to get to this point but you will get to know what I will learn if you stay with me bro. Everything thanks to my only one real trading mentor - SCI - and his - ICC CONCEPTS. Remember that there is no word "impossible" in our dictionary. ~AS Short11:49by adameksad2
its clear to see we also have a posibility of long positionswhenever we have sell possibilities we must not forget about buys thats the only way we stay or remain neutral in this industry other than that it means we are forcing the market to go in a certain and thats when emotions begins to develop.by Desnari3690
its clear to see we also have a posibility of long positionswhenever we have sell possibilities we must not forget about buys thats the only way we stay or remain neutral in this industry other than that it means we are forcing the market to go in a certain and thats when emotions begins to develop.by Desnari3690
short positions coming very soonthe market is creating new higher high then we will have a short position coming soon lets just be patience enough,then we reactShortby Desnari3691115
NASDAQ Update on Elliott Wave CountsLast week, we saw solid sharp moves up in NASDAQ:NDX along with SP:SPX and $FRED:DJIA. And that move made me reconsider my counts since I was expecting that we had a top in place now with X complete and Y down should now unfold. But last week's move made another all time high. Watch the video to understand what are the possibilities now.09:13by YetAnotherTA1
US100 Is Bullish! Buy! Take a look at our analysis for US100. Time Frame: 45m Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 21,117.7. The above observations make me that the market will inevitably achieve 21,285.0 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider111
US-100 which way to go(Note I have not considered last and upcoming news events) Trend: The daily chart is in a bullish trend, moving within an upward channel. Higher highs and higher lows indicate sustained buying pressure. Key Levels: Resistance: Around 21,200 - 21,300, where price could encounter selling pressure. Support: Strong support around 20,600 and additional lower support near 16,776, though this is a much deeper level. Market Structure: Recent price action shows signs of consolidation near the upper channel, suggesting a potential pullback before the next move up. 4-Hour Timeframe: Trend: The 4-hour chart also displays a bullish trend within a narrower range, but with some recent retracements that align with minor supply zones. 1-Hour Timeframe: Trend: The hourly chart shows a short-term consolidation near the upper range of the trend channel. Some break-of-structure (BOS) and change-of-character (CHoCH) points are visible, indicating shifts in short-term momentum. My take: The hourly trend could either break out above 21,200, aligning with the daily bullish trend, or pull back to support around 20,800, reinforcing the consolidation pattern before a potential upward move.by onlynasir1
Nasdaq Short: Weak Tech & Key Data AheadTaking advantage of the current bearish momentum in the Nasdaq with a daily short setup. Recent price action reveals a double-top pattern and a significant trendline break, suggesting potential downside. As we approach critical economic data releases, volatility is expected, which could fuel further bearish movement. Technical Analysis • Pattern: Double-top formation, a bearish reversal signal, confirmed with a break below the neckline. • Trendline: The long-standing upward trend has been broken, validating the bearish scenario. • Key Resistance: $20,200 area is acting as a strong resistance zone. • Support Levels: Initial support around $18,800 with further downside potential if broken. Fundamentals: The short position on Nasdaq is driven by the weak tech performance, with giants like MSFT (-6.05%) and META (-4.09%) showing declines. Rising bond yields have intensified pressure on tech stocks, indicating potential shifts in investor sentiment. Additionally, tomorrow’s key data—Non-Farm Payrolls (forecast: 113K vs. prior 254K), Unemployment Rate (expected steady at 4.1%), and ISM Manufacturing PMI (forecast: 47.6)—could further impact market outlook, with any surprises likely to influence Fed expectations and Nasdaq sentiment. Risk Management • Entry: Near current levels, aiming for downside momentum. • Stop Loss: Above recent highs to protect against false breakouts. • Target: Initial target at $18,800, with potential to extend if bearish momentum persists. Risk Note: Given the volatility associated with these macroeconomic events, there is potential for increased fluctuations. Managing risk through stop-losses and close monitoring of data releases is essential. Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.Shortby AR33_Updated 8
NasdaqThe scenario that can be considered now is that after a period of consolidation or minor correction, if there is a pullback to the broken level of $20,700 and its confirmation in the short-term time frames, the Nasdaq index could continue to grow and reach target levels in the ranges of 21,500 to Achieve $22,000. In case of correction, to better understand the continuation of the trend, it should be seen how the price will react to the desired level.by PejmanAzarkoo0
Nasdaq Quantum Computing SimulationsMany things can happen in the future. But do some potential scenarios have a higher probability of happening than others? I don't know. But if the Destination in this setup is to be reached, I would like to see a REBOUND from the GREEN curve and see if I can take it from there. Next in the setup to be observed are the 333 projections. 2 orange arrows. One green circle. If the price hits any of these 3, the project is considered a success in the attempt to answer the initial question. With or without the DESTINATION. There is no quantum computing here. Unless it is hiding in my brain making jokes. Unless all of this is just a joke. Longby nen2
NASDAQ INDEX (US100) Classic Trend-Following Bullish rally on US100 continues. The market closed, updating the all time high. To catch a bullish trend continuation next week, pay attention to a horizontal range on a 4H. Bullish breakout of its upper boundary - a 4h candle close above that will give you a strong bullish confirmation. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader2216
Nasdaq has made new HighsNasdaq has made new Highs. It may retrace before uptrend continuesLongby ZYLOSTAR_strategy2