dji h3 IHS bulls buy low after pullback target 36 000🔸Hello guys, today let's review 3 hour price chart for DJI . Speculative Inverse H*S setup in
progress. This pattern was recently covered in the reversal technical patterns overview,
details see below.
🔸Strong V-shape recovery in progress should complete later near neckline at 34 230.
Then we should get a decent pullback to form the RS of the IHS pattern structure.
🔸Recommended strategy bulls: after re-test of the neckline of the structure and subsequent
pullback bulls should be ready to buy low near 32 700, which is also the RS of the pattern.
Normally, we should target at least 36 000 based on measured move price projection.
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NASDAQ 100 CFD
Nasdaq to find support at previous highs?NASDAQ - 24h expiry - We look to Buy at 12829 (stop at 12694)
A Fibonacci confluence area is located at 13360.
Continued downward momentum from 13238 resulted in the pair posting net daily losses yesterday.
The move lower is mixed and volatile, common in corrective sequences.
Bespoke support is located at 12829.
Preferred trade is to buy on dips.
Our profit targets will be 13159 and 13249
Resistance: 13238 / 13360 / 13734
Support: 12829 / 12649 / 12483
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
NDX/NQ/MNQ Pre-Market and Week OutlookAs we sit right now it looks like the NDX might gap on the open.
I'll be live trading streaming this week so tune into that, also update idea as week unfolds.
If we start on the upside the zone what we're watching is the August 2022 4D key level at 13,639.
A reach for the market would be the 4D extreme zone between 13,900 and 14,100 or so.
On the downside we see the obvious day momentum checks and bias checks as well as key levels and gaps.
One key area is the significant high anchored vwap at 12,918, if that gets tested and holds anticipate the highs will be breached.
Below that around 12,500 to 12,000 is the four day reaction zone which aligns with key reaction zones on the daily.
Should be obvious how to trade this week with these key reaction zones identified. wait for confirmation and trade for the RD 4-chart patterns.
NASDAQ: Short term buy opportunity.Nasdaq turned the 4H timeframe neutral (RSI = 45.569, MACD = 13.770, ADX = 42.721) as it hit the bottom of the Channel Up pattern, just under the 4H MA50. Given that the 4H RSI also hits its HL trendline, that becomes a strong buy opportunity on the short term.
There is also a HH trendline involved that has formed a Rising Wedge, so we set our Target on it and not based on the Channel Up (TP = 13,430).
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Nasdaq Breakdown analysis 06/04/2023Dear traders Nasdaq was bearish today after news even though he respect previous setup so.. Nasdaq if he breaks above 12971 it may continue to pushing up it has a clean range in the left side and if he breaks below 12901 you should look for sell always under this support..trade safe !
Good luck
NASDAQ Is far from finished with this rallyNasdaq has gone a long way since we called for a rebound on the 1D MA200:
The current rally within this Channel Up pattern that started in December is on its second Bullish Wave, supported by the 4H MA50 (blue trend-line) and is targeting at least the 13730 Resistance of the August 16 High.
The best level to buy during this run is on the Higher Lows trend-line of the RSI. A similar Higher Lows trend-line during the January bullish leg (note that both sequences started on a Double Bottom), gave 5 clear buy entries.
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Nasdaq Breakdown Analysis 05/04/2023Dear traders Nasdaq had moved up after that it start to pushing Down so you may be confused but when you see a strong candle moving to fast just wait to don’t have to execute on this so I expect Nasdaq if he breaks below 13045 and price close bearish you should start looking for sell and if he breaks above 13110 and candle was bulish you should start looking for buy good luck and trade safe !
NASDAQ The rally is far from overNasdaq is trading inside a long term Channel Up and is staging the second bull leg to its Top.
The market formed a Golden Cross (1d) four weeks ago, the first since May 22nd 2020.
Trading Plan:
1. Buy on the current market price and as long as it stays over the MA50 (1d).
Targets:
1. 13730 (Resistance 1).
Tips:
1. RSI (1d) remains over its MA period and reveals exactly where the price is at in relation to the previous bull leg (around January 30th).
Please like, follow and comment!!
Notes:
This is a continuation of this trading plan:
🥇 Gold Futures: The Recovery After Melt In Bear HugThis publication was partially created by ChatGPT AI, under request to Offer Twenty Practical Tips On Why People Should Buy Gold.
Good or bad, y'all be the judge. But here's what ChatGPT said...
1. Gold is a stable asset that is not subject to inflation and market changes.
2. Gold can serve as a good way to protect against economic crises and political turmoil.
3. Gold is highly liquid, which means it can be easily sold at any time.
4. Gold can be used to diversify a portfolio and reduce investment risks.
5. Gold is a universal asset that is recognized and valued throughout the world.
6. Gold can be used as collateral for a loan or loan.
7. Gold can be used as a gift or legacy.
8. Gold can be a store of value that will retain its value over time.
9. Gold can be used to create jewelry, which can also serve as an investment asset.
10. Gold can be used as an indicator of economic stability and inflation.
11. Gold can be used as a means of payment or exchange.
12. Gold can be used as an investment strategy on a long-term basis.
13. Gold can be used to craft collectibles that can increase in value significantly over time.
14. Gold can be used to create electronic payment systems that are based on the blockchain.
15. Gold can be used to create new types of investment products such as ETFs and futures.
16. Gold can be used to protect against currency fluctuations and devaluation of the national currency.
17. Gold can be used to hedge against inflation risks and government monetary policy.
18. Gold can be used to protect against the risks of geopolitical instability and war.
19. Gold can be used to protect against the risks of financial crises and bank failures.
20. Gold can be used to create an investment portfolio that provides stable income and risk protection.
Gold Futures technical picture indicates on recovery after melt in bear hug, as a result of Gold prices break its 52-Week High.
$VIX @ lower level & indices closing in to MAJOR RESISTANCEApril has been the most profitable month over the last 2 decades for #stocks.
The SP 500 has been positive 80% of the time with a 2.5% return.
Posted on this yesterday, but not here.
ATM we're @ the lower end of the $VIX & close to resistance levels for indices; $DJI $NDX $SPX $VIX
Nasdaq -> Time To BreatheHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nas100 is currently approaching a quite strong previous structure area exactly at $13500 which is now turned quite strong resistance once again.
You can also see that Nas100 recently had a quite agressive rally of about 15% towards the upside, perfectly following my last predictions on this asset, but now I think that we are ready for a short term correction so I am now just waiting for an opportunity to get short at the weekly resistance area.
On the daily timeframe you can also see that we are retesting resistance, we also aready created some bearish structure with today's price action so I am now just waiting for a good short entry to then capitalize on a short term rejection away from the resistance area.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
NASDAQ: Targets the August High on this pullback.Nasdaq hit R1 (13,200) last Friday and with that our short term target. The 4H technicals remain bullish (RSI = 61.642, MACD = 91.200, ADX = 41.779), so are the 1D ones, within the long term Rising Wedge since October and the Triple Bottom that followed, so the trend remains bullish. After however the first 4H Golden Cross (on March 22nd) since January 18th, the current bullish leg is following that pattern of the former one. This suggests that one last pull back is possible before the price tests R2 (13,735), which is the High of August 16th. Buy the pull back, TP = 13,700.
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The USA MilkshakeMy recent posts were super bearish... well not this one.
Imagine if you will, somehow, an impossible scenario. With nuclear war looming, food crisis and monetary tightening, something is triggered takes us to the moon, literally and metaphorically.
One of them, which got quite popular (for a man my size), shows an imminent VIX explosion. Maybe the VIX explosion will push everything upwards incredibly fast.
DXY fundamentals are bullish, perhaps dollar-milkshake-bullish.
If we are relieving 1996 (btw I love this year), the repercussions could be completely opposite to what everyone believes.
Take this thought experiment. A sky-rocketing dollar, and with energy bull-flagging, this could be the ideal scenario for certain companies. There are certain aspects of our daily lives that will continue to function (hopefully) no matter what happens, and no matter the cost. Food production, clean energy investments in places like here in EU (solar, wind parks), electricity production are things that will continue no matter what.
I mentioned energy bull-flagging. Oil looks that is has reached a bottom here. The following months look very bullish to it.
Footnote: This chart is about DXY*SPX. These two are behaving like opposite poles. This year had rapid bull runs and painful bear drops, all of which were caused by the immense speed of DXY. By charting this pair, we see the net-effect of cash + equities. All-in I guess??? But what should we bet on???
I am not a trader. Don't take my tinfoil-hat-nonsense as investment advice.
Tread lightly, for this is hallowed ground.
-Father Grigori
20 Reasons for Buy NASDAQ🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
✨ Eagle eye: A long-term analysis of the Nasdaq from 2003 to 2021 shows that the market has achieved back-to-back higher high closings, followed by a one-third correction. This suggests the possibility of another bull run.
📆 Monthly: The market underwent a deep correction of 61% and is expected to close strongly in March with a big bullish momentum candle.
📅 Weekly: The internal bull structure is currently strong, and the 13764 area is an important price level to watch. If the price reaches this level, it could signal a significant announcement. Therefore, I am bullish on the Nasdaq and recommend monitoring this level closely.
🕛 Daily: The Nasdaq is currently extremely bullish.
😇 7 Dimension Analysis
🟢 Analysis Time Frame: Daily
1 Price Structure: The price structure of the Nasdaq is currently bullish.
2 Pattern Candle Chart: A flag continuation pattern is forming, with back-to-back momentum candles.
3 Volume: The volume is currently decreasing, indicating a correction is expected.
4 Momentum UNCONVENTIONAL Rsi: The Nasdaq's unconventional RSI is in a super bullish zone, above 60.
5 Volatility measure Bollinger bands: The Bollinger bands are touching the upper band, indicating full bullish volatility.
6 Strength ADX: The Nasdaq's ADX shows that the bull trend has just gained strength.
7 Sentiment ROC: The rate of change for the Nasdaq is the strongest compared to other indices.
✔️ Entry Time Frame: 4-Hour
Entry Time Frame Structure: The 4-hour chart indicates a bullish structure.
Entry Move: As per the analysis, a correction is expected, so it is better to wait until the price reaches our desired levels before entering the market.
Support Resistance Base: The mid-level of the move supports.
FIB: We will use the trend line breakout for entry.
☑️ Final Comments: It is advisable to buy when the correction is complete.
💡Decision: Buy
🚀Entry: 12713
✋Stop Loss: 12493
🎯Take Profit: 13600
😊Risk-to-Reward Ratio: 1:4.26
🕛 Expected Duration:
Brace yourself, recession is comingThe US Treasury Yield Curve is currently inverted, meaning short term interest rates higher than long term interest rates.
This unusual occurrence, called a yield curve inversion, has historically been a very reliable indicator of an upcoming economic recession.
Since World War II every yield curve inversion has been followed by a recession in the following 6-18 months, and recessions are naturally correlated with decreased stock market returns.
The yield curve has not been this high in over 40 years.
Recession is coming HARD.
Read:
www.currentmarketvaluation.com
Nasdaq to see a higher correction?NASDAQ - 24h expiry - We look to Buy at 12677 (stop at 12577)
Traded to the highest level in 30 weeks.
There is no clear indication that the upward move is coming to an end.
An overnight negative theme in Equities has led to a lower open this morning.
Bespoke support is located at 12677.
12682 has been pivotal.
Our profit targets will be 12927 and 12977
Resistance: 13025 / 13200 / 13350
Support: 12677 / 12655 / 12513
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Get ready for Stock Market Crash - April 24th of 2023 hello traders,
Get ready for Stock Market Crash - of 2023
#VIX is now on a major support and growing consistently,
on the week of April 24th 2023, it will break out of resistance and shoot up.
Therefore, Bulls only have Two more weeks, then Bears will take over, and it will be the Stock Market CRASH of the week of April 24 2023.
I will be liquidating all my Long Trades during the next two weeks, and opening more short positions.
Trade:
Safe - Carefully - Determined
Good Luck and Good Profit
Edward Trader
Moving Water
#SPX500 #SP100 #NASDAQ #CRASH
Is another bad earnings season upon us? In early February 2023, we outlined how earnings recession was becoming more apparent in the tech sector, with a myriad of companies reporting massive declines in net profit on a yearly basis for 2022. Now, with the upcoming earnings season for the first quarter of 2023, we do not expect the corporate figures to get any better. In fact, we anticipate further declines in corporate profits, more outlook downgrades, and higher operating costs for many tech companies. As a result, we think this season will bring more uncertainty into the market and fortify the notion of unraveling recession in the U.S. economy.
As for the short-term, we are unsure how much higher QQQ can go. Therefore we will pay close attention to the price action and volume. At the same time, we will observe QQQ’s ability to hold above the immediate support at $313.68. It will be bullish if it manages to stay above this level. However, a breakdown below it may indicate a reversal on the horizon; in such case, we will observe Support 1 at $310.08 and its ability to stop a price decline. Regarding the upside, we will watch Resistance 1 and Resistance 2 at $321.51 and $334.42.
Beyond these short-term and medium-term fluctuations, our outlook remains unchanged. With worsening data in the U.S. economy, we expect something to snap down the road, causing QQQ to revisit its 2022 lows. Our assessment comes from the fact that the market is currently pricing in multiple rate cuts by the end of 2023. However, we do not think the FED will be able to deliver them with persistently high inflation; as a matter of fact, even Jerome Powell dismissed any plans for rate cuts in 2023 during his last FOMC press conference. Moreover, as if it was not enough, the median forecast for the FED funds rate is still above the current rate, suggesting that interest rates should be higher than they are right now. Similarly worrying is FED’s unemployment forecast, which implies a recession since, historically, each 1% increase in unemployment was accompanied by one.
Illustration 1.01
The picture above shows the daily chart of QQQ. Red and green arrows depict the relationship between the price and volume. While the recent drop in volume might suggest a decline in selling pressure (after the selloff between February and March 2023), it can also indicate the evaporation of buyers near the current price levels. In general, declining volume and the rising price is questionable development. Therefore, we will keep an eye on this in the following days to get more clues about the whole picture.
Technical analysis gauge
Daily time frame = Bullish
Weekly time frame = Slightly bullish (weak trend)
*The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
NASDAQ Well on its way to reach 14000Nasdaq crossed over the 12950 Resistance today and is simply following the long term trading plan that we shared a few weeks ago (see bottom).
The Channel Up is intact, the 4hour Golden Cross has been formed as on January 18th and the rally now enters Phase 2 above the Resistance.
The 4hour RSI is also printing the same pattern as as late January.
Target intact at 14000.
Previous chart:
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$NDX outperforming & held Fibonacci levels$NDX is still moving well
Fibonacci levels have HELD well many times since OCT
Originally when we called BULL
Next Fib level is 78%
The most likely target sine there is no MAJOR resistance along the way
12Month #NDX is interesting, no?
#stocks $QQQ $TQQQ $SQQQ