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NASDAQ 100 CFD

Nasdaq 100 - The case for a "bear market rally"In our previous post, we warned about the bear market rally. Since then, the Nasdaq 100 index has reversed to the upside and continues to climb. Most titles within the U.S. stock market have rallied hard so far; however, in our opinion, these massive moves are not characteristic of a healthy market. Instead, they are indicative of the bear market. At the same time, we do not expect bearish fundamental factors like the prospect of higher interest rates in the U.S. and economic tightening to change in the next quarter. Therefore, we predict further deterioration of the financial situation and lower prices for the stock market (from the current levels). We do not know how high will the bear market rally go; however, we have very little faith that the bottom is in for the stock market. Illustration 1.01 In our previous idea, we noted that the breakout above the sloping resistance indicated by the yellow line would be bullish; indeed, we said that it could potentially mark the beginning of the bear market rally. Since then, the Nasdaq 100 index has gained approximately 5%. Technical analysis - daily time frame RSI, Stochastic, and MACD are bullish. DM+ and DM- are due to perform bullish crossover, which could bolster a rally further; however, failure will foreshadow the return of selling pressure. Overall, the daily time frame is bullish. Illustration 1.02 On the weekly chart, NQ1! retraces towards its 20-day SMA (acts as a correction of the downtrend - similarly like on the daily time frame). Technical analysis - weekly time frame RSI, MACD, and Stochastic are turning neutral. DM+ and DM- are bearish. Overall, the weekly time frame stays 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 serve as 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
2
NAS100 breaks keys and opportunitiesThe 6th session NASDAQ100 had a strong bullish wave breaking through the important lvl 125xx key. We will look at some factors to be able to make a profit from it: - Fundamental Analysis: The biggest buzz of the moment came after Friday's PCE data was released. The market is optimistic with the view that "inflation is showing signs of peaking" and if inflation continues to fall below current levels in the coming months, the Fed will feel more comfortable to slow down the pace of rate hikes. From there the view that the Fed won't raise rates above neutral begins to gain more support, which would be a downside effect on both long-term US Treasury yields and the dollar, and bullish effect on gold. - Technical analysis: looking at the H1 frame chart, we can clearly see that the falling structure has just been broken and the uptrend lasted until the last minutes of the session. In my personal experience with such an excited market sentiment, the bullish wave can last until the price reaches the 131xx area. However, what we need to pay attention to, the price has just broken the key and has not formed a higher low - enough conditions to confirm the trend reversal. We can completely wait for the opportunity if the price finds the 12~122xx area to be able to set up a good entry for the upcoming long wave. Wish you a good trading week. If my idea is useful, give me a like and follow so I can update my entry details in the plan. Any questions or request analysis of other trading pairs, please leave a comment
FX:NAS100
by TonyL0ng
Did NASDAQ potentially hit bottom?!NDX just hit and bounced off a major support level. Over the last 18 years, as shown in the chart, this support level has proven to be a historical pivot point for the Nasdaq index. As per the attached chart image, every time the index hit this support level (150 MA on weekly candles), it has bounced off the moving average, and reversed into either short term or long term bullish trend. You can watch our full video explaining this by clicking on the link below. In addition the Stochastic indicator is telling us that the NDX is oversold and overstretched, and is due for a rebound rally at minimum, or potential change to a bullish momentum.
NASDAQ:NDXLong
by BojanCerberus
Nasdaq 100 - The market is undecided about where to go nextThe Nasdaq 100 index showed some relief yesterday after plunging on the FOMC minutes announcement. However, after the market close, the Nasdaq index gave up almost all of its gains in a flash crash. The price action has been choppy over the past week, and the market seems undecided about where to go next. We remain bearish and expect the downtrend to unravel further in the coming month. However, after more than six weeks of selling, the market strives to find some relief; therefore, we are on the lookout for a bear market rally. Although, we voice caution that this is nothing unexceptional in the bear market, and we may see the continuation of selling into this and the following week. Therefore, we will pay close attention to the sloping resistance and the downward sloping channel in which NQ1! appears. Our price target for NQ1! stays at 11 500 USD; a breakout above the sloping resistance in the Illustration 1.01 would force us to abandon our short-term price target. Illustration 1.01 The picture above portrays alternative scenarios for the Nasdaq 100 index. A breakout above the sloping resistance will imply bullishness; however, we voice caution as it could potentionally end up as another bull trap. Moreover, anxiety among market participants remains highly elevated as retail investors continue to buy dips and institutional players sell their assets. As a result, we expect the volatility to stay persistent in the coming month. Technical analysis - daily time frame RSI, MACD, and Stochastic are neutral. DM+ and DM- stay bearish, and ADX remains elevated. Overall, the daily time frame is neutral. Illustration 1.02 The picture shows a downward sloping channel indicated by yellow dashed parallels. Breakout below the channel is bearish and increases the index's odds of a flash crash. We will pay close attention to the price and whether it will manage to stay above the channel. If not, it will imply more selling pressure. Technical analysis - weekly time frame RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame remains 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 serve as 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
9
NASDAQ on a W pattern.Nasdaq (NDX) has been trading within a Channel Down since its All Time High in late November. The 1D RSI has turned sideways since April 26 and that resembles the flat period of February 01 - March 14. That was a W formation that rebounded and reached the overhead Resistance upon its completion. We may form a similar W pattern again with the Resistance this time being around 13580, which is where the 1D MA50 (blue trend-line) currently is. A break below the recent Support though, would invalidate this pattern and most likely push Nasdaq to the 1W MA200 (red trend-line), which is the long-term Support and has been untouched since July 06 2010! -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
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by TradingShot
2
NDX100 sellers are struggling to beat 11,780 for nowHello TradingView community, today’s video update is more to highlight an area as opposed to looking out for a potential set-up. Tech stocks have been having a hard time of it lately, but we are seeing and watching an area between 11,780 and 11,550ish. The bottom is not exact, but after looking at the NDX100 you will see the point being made. This area, for now, continues to reject sellers and continues to present as demand and possibly support for buyers. It’s no more than a level of interest for us at the moment. We could see price continue to hold there and perhaps push at a new move higher, or we could see sellers railroad the area. The key for us will be if this level can continue to hold. If so, we will look for further price action to start thinking and looking for new ideas. Good trading.
EIGHTCAP:NDQ100
by Eightcap
NDX 100 - Approaching Time & Price BUY ZoneAre we at a significant turning point of time and price? This long term WEEKLY chart illustrates the significance of the area we are currently approaching.....we may have already arrived. As you can see we are positioned at the median line of the LONG TERM channel. I think this will provide an area of support that could advance prices to the .62 or .78 fib retracement area outlined with the white box. This most likely will take months to unfold. There should be excellent gains in many of the stocks that have been thoroughly trashed. In many of these stocks the correction actually started in February of 2021.
NASDAQ:NDXLong
by oliverrathbun
4
NAS100 USD NQ1! NASDAQ 2022 May 23 week NAS100 USD NQ1! NASDAQ 2022 May 23 week Last week Scenario 1 was good. Market going into previous demand zone. If 11068 is reached, wait for price reaction as there was where the previous test and acceptance of uptrend price level was. Possible scenarios 1) Test and reject of 12543 / supply line for continuation of short 2) Test and Reject 12110 3) Market spend some time in rotation between 11690-12543 Weekly = Average vol down bar closing off low = minor strength Daily = Average vol down bar closing about middle = minor strength H4:Ultra High vol down bar followed by high vol up bar closing at high = strength Price reaction levels: Short on Test and Reject | Long on Test and Accept 14729 14365 13587 13025 - 12895 12543 12110 11690 11100-11068 Remember to Like and Follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:NQ1!
by paradox677
Nasdaq - Channel has been broken, a possible downfall to follow!Yesterday, we stated that the rally was due to end and the bearish trend to resume. Then, a few hours later, the Nasdaq 100 index fell more than 5%. In the aftermarket, the selling continued; and in the early hours of futures trading, Nasdaq futures sold off as well. Then, the index (continuous futures - NQ1!) erased some of its losses and turned positive. At the moment, NQ1! trades around 11 920 USD. We expect a little bit of relief ahead of the U.S. market opening; however, our stance remains bearish, and we expect new lows in the Nasdaq 100 index. Therefore, we would like to set a new short-term price target for QQQ at 285 USD and the medium-term price target at 280 USD (it will become the short-term price target after hitting 285 USD). We think what highlights yesterday's selloff is that no significant headlines were made in the news, and despite that, the stock market fell by an astounding amount. Market participants can observe that anxiety and fear are extremely high, which leads to strong price actions to the upside. However, these bounces tend to last shortly and are quickly followed by massive selloffs. These are particular signs of the bear market. In addition to that, we would like to note the downward moving channel has been broken yesterday - which we expect to culminate in the acceleration of the selling pressure. Illustration 1.01 The picture shows NQ1! (Nasdaq continuous futures). It can be observed that buyers did not manage to push the price through the sloping resistance; a breakdown in the price of the index followed. Technical analysis - daily time frame RSI, MACD, and Stochastic are all bearish again. DM+ and DM- are bearish too. A move up by the ADX suggests that the bearish trend has resumed. Overall, the daily time frame is very bearish. Technical analysis - weekly time frame RSI, MACD, and Stochastic are all bearish. The same applies to DM+ and DM-. ADX increases. Overall, the weekly time frame remains 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 serve as 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
6
Nasdaq Analysis Hello everyone, Yesterday was a crazy day. We had moves of close to 700 pips. The price smashed through all the key areas and reached close enough to the monthly lows as analysed and expected. Where do we go from here now? So price is not only near the monthly low but also centre trendline. I will wait to see how price reacts around this area as it is a key area. If 11828 is broken then I would expect price to push down further to next level of 11687-11525. However price can also go back to 12132 area before coming back down. Over the last 6 months tech companies have not been doing very well and rising in interest rates have played a big part.
OANDA:NAS100USDShort
by Tradeofgrey
2
Nasdaq 100 - Dip buyers about to get obliterated Yesterday, Nasdaq 100 pushed above the immediate resistance we hinted at in our latest post on QQQ. We think the rally is due to end and the bearish trend to resume. Therefore, we would like to set a new short-term price target for NQ1! at 12 250 USD. We would also like to set a medium-term price target at 12 000 USD. Illustration 1.01 The picture above shows yesterday's bullish breakout on the hourly chart. In our opinion, this is potentionally a perfect bull trap. Although, we will pay close attention to the price action of NQ1!; if it manages to break above the immediate resistance then it is likely that NQ1! might experience the last push higher before faltering. Technical analysis - daily time frame RSI points to the upside, which is bullish; however, we expect it to break down and turn bearish soon (the same applies to other mentioned indicators). MACD strives for a bullish crossover. Stochastic is bullish. DM+ and DM- remain bearish, while ADX signals a pause in selling pressure. Overall, the daily time frame shows less bearish conditions than a week ago; although, we still maintain a notion that the current bounce in price is just a “downtrend” rally. Illustration 1.02 The picture above shows the daily chart of QQQ. Technical analysis - weekly time frame RSI and MACD remain bearish. Stochastic is bullish. DM+ and DM- signal the presence of a bearish trend. ADX grows which suggests that the bearish trend has not peaked. 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 serve as 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
2
NDX - Reversion to the mean - Now what...NDX - Weekly Chart This market has reverted to the mean in dramatic fashion. I've taken the liberty to label the waves as I have in an admittedly premature assumption keep that in mind. This is an area of confluence of time and price that should at least provide support, and at best become the launching pad for an advance to new highs? That seems impossible.... given what we know of monetary policy and other headwinds present at the moment. That being said... has the market fully digested these factors? ..... Time will tell.
NASDAQ:NDX
by oliverrathbun
2
NAS100 USD NQ1! NASDAQ 2022 May 16 week NAS100 USD NQ1! NASDAQ 2022 May 16 week Last week market continued down after the breakdown from 13025. Possible scenarios 1) Test and reject of 12543 2) Test and reject of breakdown area 13025-12895 Weekly = High vol up bar close off high = weakness Daily = Low volume up bar closing toward high = minor strength H4:Very high vol up bar close toward low followed by average vol up bar close off high = weakness Price reaction levels: Short on Test and Reject | Long on Test and Accept 14729 14365 13587 13025 - 12895 12543 12130 11690 11100-11068 Remember to Like and Follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:NQ1!
by paradox677
2
Nasdaq100 inverse Head and Shoulders Chart PatternNasdaq 100 P/E ratio on May 12, 2022 was 20.71, which is below the Median of 26.59 or the Average of 30.04. In the past 5 years, the Minimum was 15.74 on MAR 23 2020 and Maximum 86.30 on JUN 28 2017. I have 2 scenarios: 1. Inverse head and shoulders chart pattern with a price target of $16650 by the end of the year. 2. Worst case scenario: bull trap at $13350 an retracement to the pre-pandemic level of $9750. I tend not to believe this scenario because of the too low price per earnings ratio of NDX. Looking forward to read your opinion about it.
NASDAQ:NDXLong
by TopgOptions
6