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NASDAQ 100 CFD

Nasdaq 100 - Progressing into the 2nd stage of the bear marketOur last post on the Nasdaq index outlined our bearish stance on the general stock market. Today will be no different, and we will reiterate our grim opinions and provide more thoughts on the latest developments in the market. Since our last article, the Nasdaq index continued to drift lower; meanwhile, QQQ reached our price target of 280 USD and halted its decline slightly above the 270 USD price tag. Furthermore, since November 2021, the Nasdaq index has lost more than 33%, plunging deep into the bear market territory. Unfortunately, we do not see any reversal of the primary trend on the horizon. Contrarily, we think the FED will follow its path of demand destruction, negatively affecting the stock market and the real economy. Indeed, we would argue that the bear market is already transitioning from the 1st stage into the 2nd stage. The 2nd stage of the bear market is characterized by the decline of corporate profits and economic projections, which is currently under progress. Therefore, we voice a strong word of caution to market participants over the medium and long term. We believe the market will continue to weaken and constitute new lows over time. Regarding the short-term, major stock market indices are currently hovering near their 2022 lows. Therefore, we are looking for signs of a short-lived bounce. We reason that soon, we will start seeing market participants forecasting double bottom formations, which will once again lure weak hands into the market - ones that will later reinforce the selling pressure. Despite that, we commit to our bearish stance over the medium and long term. Accordingly, we maintain 11 000 USD price target for NQ1!; as for the QQQ, we currently choose not to set any price target. Illustration 1.01 Illustration 1.01 shows the daily chart of NQ1!. Yellow arrows indicate recent technical developments. Additionally, two simple moving averages reflect the presence of a downtrend. Technical analysis - daily time frame RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the daily time frame is bearish. Illustration 1.02 The image above displays support and resistance levels for NQ1!. Technical analysis - weekly time frame RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish. 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.
CME_MINI:NQ1!Short
by Tradersweekly
14
QQQ - Brief updateRecently, QQQ reached our price target of 290 USD. Therefore, we would like to update our thoughts on the asset. We continue to be bearish due to the persistence of fundamental and technical factors. Indeed, we think the U.S. stock market will continue lower. Accordingly, we maintain the price target for QQQ at 280 USD. Our price target for the Nasdaq 100 index is 11 000 USD. Illustration 1.01 The bearish crossover occurred as we predicted, confirming our bearish thesis. Technical analysis - daily time frame RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the daily time frame is bearish. Technical analysis - weekly time frame RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish. 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:QQQShort
by Tradersweekly
20
NAS100 USD NQ1! NASDAQ 2022 SEP 26 Week NAS100 USD NQ1! NASDAQ 2022 SEP 26 Week Hope you liked the short for NQ last week. Temporary demand has returned, with price now at demand line of channel. We may see the formation of rotation area 11068 - 13587. Possible scenarios: 1) Long if channel support / 11068 is supported 2) Short if price rejected at dotted trend line / channel's supply line. Weekly = Higher vol + narrower spread down bar, close off low = demand coming in Daily = Ave vol down bar close off low = minor demand H4: Very high vol down bar followed by DoS up bar = demand coming in Price reaction levels: Short on Test and Reject | Long on Test and Accept 13587 13200 12735 12140 11647 11393 11068 10359 - 10532 Remember to Like and Follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:NQ1!
by paradox677
Preparing to catch the falling market knife - short-term tradersIn this video we recap the US stock market price action from last week and game plan for the week ahead. We break down the 3 possible scenarios the market may take next week and how to plan/structure trades around them. This video was specifically recorded for short-term tactical traders looking to catch a multi-day bounce, and does not acknowledge/discuss the fact that we are in a longer-term bearish market environment.
SP:SPX
by EvanMedeiros
Market Sees Reversal After Rate Hike News The result of today's US economic news, Fed Interest Rate Decision Actual: 3.25% Forecasted: 3.25% Previous: 2.50%, exhibited bullishness for the US dollar as the rate increase was higher than the previous amount. Stocks slumped and so did all other major currencies other than the greenback. The Nasdaq and S&P500 dumped significantly while the DXY dollar strength index rose. Going forward until rate hikes diminish the stock market and other currencies other than the US dollar will be under pressure. Some tech names are attractive at this price for long term but still may decline slightly. As of right now a short term reversal may be in the works as the euro and other major non US currencies have found strength here, as well as S&P and Nasdaq futures have also showed bullish strength in the European open. Technically after the news today which caused the decline as mentioned, pushed many assets into strong sell volatility and now we see the bulls seeking at least for the time being a short term reversal. If price reverses down slightly as the market is seeing a market wide transition, I would suggest buys on the EURUSD near 0.98150 and Nasdaq futures around the 11625 support areas. The euro and ndx100 futures can potentially see continued strength into the New York session. $EUR/USD $Nasdaq 100 Ilyas Khan Top1 Markets
SP:SPXLong
by Seafair-Capital-Management
1
EURUSD Market Analysis-Fed Interest Rate Decision What To ExpectTomorrow the US will be holding a very important economic event, the Fed Interest Rate Decision, Forecast: 3.25% Previous: 2.50%, will be one of the highest volatility events that we will see this year in the market aside from other US interest rate decisions, as it will bring enormous shape to the market. A 0.75% rate increase is expected though a 1.00% rate increase is possible, so is a 0.50% increase. This will affect stocks, bonds, foreign exchange currencies, cryptocurrencies just to name a few, and of course the US economy will be majorly affected. The US aims to fight inflation by increasing interest rates on lending, this includes mortgages and credit. This will affect the economy further by weakening demand in the housing market and increasing supply, this in turn will cause housing market prices to fall over the next year or so, it is possible to see a real estate market crash furthermore. The canadian core CPI report today showed a decrease in inflation month over month and year over year, weakening the loonie but being beneficial for stocks. Putin has recently stated that "the west is looking to weaken and destroy Russia", Putin further stated, "Russia to take necessary steps to defend sovereignty". Putin also stated, "military operations remain the same". After the speech from the Russian leader the EURUSD rate fell 50 pips while the US dollar rose. From a technical perspective EURUSD has had trouble staying above the 4 hour 100 sma while still also beneath the 200 sma. It was holding above the 100 sma yesterday but during the New York session this morning fell beneath once again. The 4 hour RSI has recently fallen under 35 and it is possible that the pair can become oversold soon. Today the Euro US pair saw flatlining movement and stayed within a 10 pip range during the entire asian session and has only started to move after Putin's speech an hour before the London session opening. The MACD 10 day EMA holds below the 30 day EMA and has been showing some bearish momentum after Putins speech. Before the speech the histogram was showing some bullish momentum but has fallen back to bearishness for the time being. It is possible for the euro to see some bullishness later on but be weary of the US Fed rate decision. The 4 hour RSI has not been oversold since August 22nd. Right now I am staying neutral on the EURUSD currency pair. I am not seeing any potential opportunities that stand out today, perhaps after the news tomorrow we can see some oversold or overbought opportunities to speculate on. The US Fed interest rate decision news will be released at 11:00 am GMT-7 pacific standard time.$EUR/USD Ilyas Khan Top1 Markets
by Seafair-Capital-Management
NASDAQ Neutral so far. See which break-outs to trade.The Nasdaq Index (NDX) staged a fair rebound yesterday on a Lower Lows trend-line that started on the September 01 Low. Today we see an early rejection on the futures market, which from one side is expected as the market is preparing for Wednesday's Fed Rate Decision. The 4H RSI however has been on Higher Lows since August 22, staging a Bullish Divergence. The last similar Divergence was spotted during the May 12 - 20 Lower Lows. When the index broke above the 4H MA50 (blue trend-line) for the second time, it targeted the 4H MA200 (orange trend-line). As a result, our short-term plan is to wait for either that 4H MA50 break-out and target the 4H MA200 or the Lower Lows break-out and target the 1W MA200 (red trend-line). As a side-note, notice how the index has been trading on symmetrical Lower Highs as well (Aug 26 and Sep 13), thus we can view the price action as a Channel Down. The 4H MA200 (our bullish target) is exactly at the top (Lower Highs trend-line) of that Channel Down. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
CAPITALCOM:US100
by TradingShot
2
Nasdaq 100 - Price target for QQQ at 290 USD, 280 USDOn 11th August 2022, we stated the market was at its peak and due to reverse. Since then, the market has fallen more than 10% and reached our price target for QQQ. Furthermore, since fundamental and technical factors have not changed, we have no reason to change our bearish view. Accordingly, we maintain the price target for NQ1! at 11 000 USD. Additionally, we would like to set new price targets for QQQ at 290 USD and 280 USD. We sound a strong warning of impending acceleration in the selloff. Illustration 1.01 Illustration 1.01 shows the daily chart of QQQ, which is down more than 10% from its peak on 16th August 2022. Technical analysis - daily time frame RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the daily time frame is bearish. Technical analysis - weekly time frame RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish. 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:QQQShort
by Tradersweekly
20
Europe CPI Priced In-GBP Touches 1.14 First Time Since 1985 Today Europe will be releasing economic data for the report CPI (YoY) (Aug) Forecast: 9.1% Previous: 9.1%. A surprise of a lower value can be weaker for the euro while a higher value can be bullish for the euro indicating higher inflation. The Consumer Price Index (CPI) tracks the fluctuation in the price of goods and services from the aspect of the average consumer. It is furthermore a strong way to view fluctuation in purchasing trends and inflation. It seems that the euro was due for a continued weekly uprise but next week Powell is looking to raise rates and the market is expecting a 75 or even 100 basis point increase and this can be further bearish for the euro also stocks and cryptocurrencies. A lot of monthly indicators in the US stock market equities were showing bullish momentum during the start of August and September but there is a slow delay due to the rate hikes. Citibank recently stated, "The dollar is the only place to hide in 2022", suggesting there is an ongoing concern for equities and cryptocurrencies due to rising yields. The US dollar seems to be the continued major safe haven asset investment by banks and major hedge funds. Powell looks to continue to raise rates untill the end of 2022, untill then the dollar can fundamentally continue to rise, after this the dollar could decline next year while the stock market and cryptocurrencies can see a potential inflection point. From a technical perspective the EURUSD 4H chart RSI holds near 43 around neutral. The default MACD line has had trouble rising about the signal line. The histogram was rising but has failed to break above the zero axis. The market will be watching the key CPI report news which will be released soon. The Great British Pound Sterling touches 1.14, the first time since 1985. $EUR/USD The EURUSD pair has recently touched the 4H 20SMA. Ilyas Khan Top1 Markets.
by Seafair-Capital-Management
1
Nasdaq 100 index analysis: US real yields dominateThe Nasdaq 100 index ( US 100 ) has moved in the opposite direction of US real yields ( DFII10 ), which are the difference between nominal Treasury yields and market-based inflation expectations (also known as Breakeven yields). Real yields serve as a measure of the Fed's rate tightening aggressiveness. The 30-day correlation between Nasdaq 100 and US real yields is currently at -0.83, indicating a strong and inverse negative relationship. US real yields have risen dramatically since the start of the Fed hiking cycle in mid-March, from -0.7% to around 1% as of this writing, reflecting increased market expectations of a more stringent monetary policy. This means that the nominal yield on a 10-year Treasury (3.45%) is currently about 1% higher than the market measure of inflation expectations for the next 10 years (2.45%). Positive real returns on a safe asset like US Treasuries undoubtedly act as a deterrent to investing in riskier assets like stocks. Technology stocks are also way more sensitive to changes in Federal Reserve interest rates than stocks in other industries. Higher interest rates reduce the long-term expected cash flows for tech companies. As a result, tech stocks fall more than the overall stock market. The Nasdaq 100 has underperformed the broader S&P 500 ( US 500 ), which is down 17.7% year to date versus -26.5% for the tech-heavy index. After the US inflation rate continued to beat market expectations this week, markets have already fully priced in a 75 basis point hike at the FOMC meeting next week. The chances of another 75 basis point hike in November are also increasing, which would bring US interest rates to 4% ahead of the December meeting. Stronger rate hikes could put additional pressure on the tech-heavy Nasdaq index .
NASDAQ:NDX
by Capitalcom
Nasdaq manages small bounce but more losses likelyAlong with European markets, Nasdaq futures have managed a small bounce during early European trade, although at the time of writing they were still holding near Tuesday's lows along with tech stocks in extended hours trading, after the index's biggest plunge since the pandemic. After such a big decline, dip buyers will likely be very nimble today. This means any bounces that we might see today may not hold for very long. With the market repricing interest rate hikes from the Fed, there will likely be more pain for investors than gains. Look out below. After the Nasdaq's big bearish engulfing candle, I would expect to see some further downside follow through. Many longs are still trapped and their stops are in danger of getting triggered. At this stage, I wouldn't rule out a return to the summer lows, if we get past and hold below 11918 - the most recent low. The bulls have a lot of wood to chop. While a short-term bounce from severely oversold levels makes sense, I would now wait to see a clear reversal pattern before looking for bullish setups. It is clear that the biggest moves have been to the downside all year. This is because we are in a bear trend. As always, it is better to trade in the direction of the trend. By Fawad Razaqzada on behalf of FOREX.com
FOREXCOM:NAS100Short
by FOREXcom
Sell the early optimism in NASDAQ.NASDAQ - Intraday - We look to Sell at 12837 (stop at 13028) Daily signals for sentiment are at overbought extremes. A lower correction is expected. A move higher faces tough resistance and we remain cautious on upside potential. Preferred trade is to sell into rallies. Our profit targets will be 12406 and 12300 Resistance: 12840 / 13600 / 16500 Support: 12400 / 11500 / 9000 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.'
OANDA:NAS100USDShort
by OANDA
1
NASDAQ Broke above the 1D MA50, targeting the 1D MA200 next!The Nasdaq Index (NDX) broke today (futures) above the 1D MA50 (blue trend-line) and that was our condition that we set as requirement on our previous analysis in order to avoid a new sell-off: With the 1D RSI on such a strong rise similar to those of June 16 and January 25, if the 1D candle closes above the 1D MA50 today, we expect at least a short-term rally targeting the 1D MA200 (orange trend-line), which has been always hit since the start of the year on similar rebound sequences (Feb 01, March 29). On the longer-term, the index needs a break above the 1W MA100 (grey trend-line) in order to enter into long-term Bullish Territory, as it was that line that rejected the August 16 High. On the other hand, we are willing to take a sell again only below the 11930 Support, in which case we will target the 1W MA200 (red trend-line), which is the ultimate long-term Support. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
ULong
by TradingShot
5
Daily analysis & day trading setups NASDAQ NQ_F NDX 08 Sep 22Happy Thursday, See some weird stuff on the chart at the end of this idea An interesting finding/question today - will NASDAQ remain between 11490 & 12940 till November elections? In case of extreme moves beyond buying & selling levels ↗️ Upside key levels: 12 374, 476, 670, 801, 948, 13 014 ↘️ Downside key levels: 12 213, 136, 052, 11 927, 843, 760, 697, 606 Macro EU ECB Monetary Policy Decision, Lagarde Speech, US Jobless Claims, Fed Powell Speech, CAD BoC Rogers Speech Buy Break: 12 267, 369, 467 Reversal: 12 204, 128, 11 988, 888 Sell Break: 12 216, 144, 013 Reversal: 12 302, 383, 488, 460, 650 I regularly publish my daily analysis & trading plan for day trading setups. The links are here: NASDAQ DAX SPX Green Goblin levels are here >>> Fibonacci Confluence levels are here >>> This chart shows a specific range I have selected and you can see how price behaves at each fib level. Crazy stuff. You don't need a plan to trade this.
OANDA:NAS100USD
by TradingIndian
NASDAQ Thinly supported. Needs a 1D MA50 break to avoid sell-offThe Nasdaq (NDX) index had a strong rejection these past 4 weeks exactly on the level we projected on our idea on August 04: Right now it is trading below both the 1D MA50 (blue trend-line) and the 1D MA100 (green trend-line), which were its short-term Support levels and have now turned into Resistances as each have rejected upwards break-out attempts at least once. Being on the 0.236 Fibonacci retracement level and based on the RSI (1W time-frame), which just hit its MA line (yellow), NDX appears to be in a similar level its was during April 11 - 20. This consolidation led lower when its Support broke and dropped first to the previous Low (0.0 Fib) and then to Lower Lows on the -0.382 and -0.5 Fibs respectively. As a result, if the current Support breaks, we expect the 1W MA200 (red trend-line) to be tested, which is slightly above the 11040 Lot of June 16 and depending on the market conditions at the time (which we will surely update on), the 1W MA300 (yellow trend-line), which is slightly above the -0.382 Fib. On the bullish case, if the price breaks above the 1D MA50, consider it a buy break-out signal and target the 1W MA200 (orange trend-line). -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
U
by TradingShot
3