Get started

NASDAQ 100 CFD

NAS100 USD NQ1! NASDAQ 2022 Apr 18 week NAS100 USD NQ1! NASDAQ 2022 Apr 18 week Short on retracement worked wonderfully last week. If price attempts the 13666 and 13100 region. i, this may mean we need to look at market behavior being in a rotation structure between 15160 & 13100. Possible Scenario mapped out: 1) False break of 13881 and price returns above it, is support, and long opportunity may be presented 2) If market attempts Upthrust at `14391, and rejected = short opportunity. Weekly = Low vol down bar closing at low = weakness Daily = Average vol down bar closing at low = weakness H4:Average vol down bar closing at low = weakness Price reaction levels: Short on Test and Reject | Long on Test and Accept 16767 16481 15992 15492 15160 14391 13881 13666 13025 Remember to Like and Follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:NQ1!
by paradox677
1
QQQ - Temporary selloff or another leg down?Recently, we pointed out the Nasdaq 100 index was at a crossroads. Since then, QQQ fell below two resistance levels at 370.10 USD and 357.09 USD. As a result, we will closely observe the price action in the following days. First, we will look for a potential halt in the selloff; or inversly, we will watch for signs that the selloff might be strengthening. Though, at the moment, we still think the current selloff might be just temporary. We still expect QQQ to move higher eventually. If a low of 338.04 USD is taken out, it will invalidate our thesis. Technical analysis - daily time frame RSI is bearish and Stochastic as well. MACD is in the bullish area; however, it is due to perform a bearish crossover below 0 points. If MACD fails to move below 0 points, price decline can halt. DM+ and DM- show bearish conditions in the market. ADX suggests the prevailing bearish trend is weak. Overall, the daily time frame is bearish. Technical analysis - weekly time frame RSI, Stochastic, and MACD are all bearish. The same applies to DM+ and DM-. Meanwhile, ADX shows that the bearish trend of a higher degree is further weakening. Overall, the weekly time frame is bearish. Illustration 1.01 The picture above shows simple resistance/support areas. 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:QQQ
by Tradersweekly
11
NASDAQ100 Futures Heating UpNASDAQ-100 Futures 14,000: Capitulation Heating Up. We did a video this morning (On YouTube) around 6:30am talking about the 14,000 as it was a piggyback video of the one we did yesterday afternoon ‘live’ as we anticipated that area being touched before the end of the day. This morning we assumed the market would get some type of relief bounce, even if the CPI and/or inflation numbers were worse than expected. We can see that assumption played out accordingly. We continue to watch the 377 moving average and look for this area 13,970 - 14,000 to be a potential landing zone for capitulation. There is also assumed evidence of a morning star being put in. Watch for the ‘rip your face off’ movement in the markets. Sooner or later, which we believe is now, market sentiment will be at its highest to the down side and will reach its maximum just as those late to the party finally join. Could see that 'rip your face off' bullish pressure at these levels. Check the chart! WATCH GROWTH STOCKS!!!!
CME_MINI:NQ1!Long
by bsdvs23
3
NASDAQ Inverse Head and Shoulders reboundI have been following this Falling Wedge pattern on Nasdaq (NDX) on the 1D time-frame for a month. My most recent post on this was the following: As the price almost reached the 0.236 Fibonacci retracement level, which is a symmetrical Support, it is time to update my outlook on the index. The 1D RSI made a bounce on its Higher Lows trend-line since January 25 and in doing so, a new pattern has emerged, an Inverse Head and Shoulders (IH&S). It appears that we are currently on the Right Shoulder, which should push for a rebound. As mentioned before, the natural barrier is the Lower Highs trend-line of the December 28 2021 High and then the technical Resistance of the 1D MA200 (orange trend-line) and the 0.618 Fibonacci retracement level within 15,250 - 15,280. A break above, restores the long-term trend on Nasdaq, and should target the 0.786 Fib (15,870) and then the 16,670 High. A break below the 0.236 Fib, should make one more leg downwards to re-test the 1W MA100 (red trend-line). -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
ULong
by TradingShot
2
Time for Relief? NASDAQ-100, CPI numbers await 830amThis morning we went over the NASDAQ-100 AND SP500 Futures as well as Bitcoin. We identified some key area moving averages, potential support and resistance levels, and ideal possibilities for entries and stops. CPI numbers at 830am which could pose as an excuse of "better than expected" as a relief rally, despite overall weakness in the economy. Inflation continues to run recklessly out of control - when will The Fed step in? We also hear from FOMC Member Brainard today at noon, so there are items on the table to move markets. Just focus on Price Action! Remember the bigger picture still remains bearish sentiment and correction territory, but doesn't mean we cannot take advantage of impulse movements within the intraday time frames. Watch that 377 moving average and the pinch between the 50 day. The 14,000 area is the psychological number.
CME_MINI:NQ1!
by bsdvs23
NAS100 reversal - playing through support/resistance levels1) 13850 support held and downtrend broke 2) 14350 resistance held temporarily 3) Price broke up towards 0.618 fib retrace level where it rejected. 4) 14350 then acted as temporary support which broke 5) NAS100 is trying to bounce/find support around the previous 13850 support level. If the 13850 level holds I think over the next couple of weeks we will make our way back to test the 0.618/0.702 fib retracement levels. If the 13850 level breaks I think that we will move down to 13000/13100, which could be seen as a pullback to the broken trend-line. However, a HTF close back below this trend-line will change my medium term view to bearish. Today's US CPI release / tomorrows PPI release will likely provide the volatility required to break this level or bounce from it. Short-term view: Neutral Medium-term view: Bullish (new ATH in coming months) Long-term view: Bearish (stock market crash within the coming year(s))
OANDA:NAS100USD
by quyverlander
NASDAQ-100 breaking the 14,000. Growth Stalking.We’ve been heavily focused on the NASDAQ-100 (aka NDX and QQQ) as the 200 day moving average continued to dominate price action - despite pundits on television speaking that venom on how “growth and tech were recessionary resistant!” It is amazing what these people can get away with on television and how their words are held tightly by many bystanders looking for direction. We’ve been calling for economic weakness on our Facebook page surrounding the balance sheet (before it was a hot topic in the news), M2 Money Flow, Housing, etc. Feel free to check it out -> just click the link at the bottom or go to my profit page. Back to the Futures…. We’ve been eyeballing the lows of March 15th as a potential target. Now that is not to say we can have a few days of upward impulse movement, or the Inflation figures coming out tomorrow are somehow seen as weaker than expected and the markets get a ‘relief rally’ back above the 50 day moving averages. Stay cautious of any intraday changes for short term opportunities. Keep track of the levels through annotations on your charts and please feel free to check out some of our videos. Follow me on TradingView for any new and updated posts and to any videos in the external links below (or in my profile). Bearish sentiment continues until there is a change in complexion. Remember if we have a bullish day that doesn't change the bigger picture. Patience and Discipline to live to trade tomorrow. GOOD LUCK Everyone and THANK YOU for your time in reviewing this post, my others posts, etc. AGAIN... Keep a mental note of those levels; especially if there is a bullish relief that may catch many off guard and keep in mind the holistic view is bearish. But, that doesn't mean you won't have opportunities in the short term in either direction, regardless of the overall major sentiment and trend.
CME_MINI:NQ1!Short
by bsdvs23
2
NAS100 USD NQ1! NASDAQ 2022 Apr 11 week NAS100 USD NQ1! NASDAQ 2022 Apr 11 week The suspected upthrust exerted its influence last week, when we see price rejection again at 15160. Crucial to this week is if 15160 becomes resistance, then we may see price attempting the 13666 and 13100 region. if that happens, this may mean we need to look at market behavior being in a rotation structure between 15160 & 13100. The strategy in this case will be to short on retracement. Possible Scenario: 1) 1f 14391 becomes resistance, market expected to test lower levels like 13666 / 13100, with the potential of re-distribution play, until supply and demand resolve themselves for a breakout. 2) Market test breakout area, 13666, finds support and attempts for 15160 Weekly = UT bar has been confirmed by this week's lower close bar = weakness Daily = Average vol down bar closing at low = weakness H4:The UHV up bars showed capping of demand = weakness Price reaction levels: Short on Test and Reject | Long on Test and Accept 16767 16481 15992 15492 15160 14391 13666 13025 Remember to Like and Follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:NQ1!
by paradox677
NASDAQ going according to last week's plan. Eyes on 1D MA50/100.Nasdaq (NDX)has is following exactly last week's suggested trading plan so far, as it pulled-back from the 1D MA200 (orange trend-line) and today reached the 1D MA50 (blue trend-line): This pull-back took place primarily because the index failed to break above the Lower Highs trend-line of the December 28 High and got rejected two times. So far, as I displayed with the green Triangle, this is a neutral zone. Some scalping value can be found within. However the medium-term trend is about to be revealed: * A break below the 1D MA50 (needs a 1D candle closing below), which is also the 0.382 Fibonacci retracement level, opens the way for more selling towards Fib 0.236 (13815) and the 1W MA100 (red trend-line), which supported twice before on February 24 and March 15. * A break above the Lower Highs or better yet the 1D MA200, which is also the 0.618 Fibonacci retracement level, restores the bullish trend aiming at Fib 0.786 (15870) and the 16670 High. The 1D RSI so far favors the bullish scenario. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
U
by TradingShot
2
Nasdaq 100 - Nasdaq futures at the crossroadsNasdaq's continuous futures continue to march higher and show resilience as market participants continue to buy dips at any potential selloff. Momentarily, we will pay close attention to the immediate resistance and support levels. Weakness to penetrate above the resistance would imply the rally might turn to a halt. This is also implied by declining ADX. Therefore, we are cautious and look at two possible scenarios. One would involve NQ1! to break up and continue to 16 009.25 USD. The other scenario would involve NQ1! halting a rally and reversing down to 14 668.50 USD (and potentially going lower or creating a neutral zone between this price level and 15 268.75 USD). However, at the moment, we remain relatively bullish. Illustration 1.01 The picture above shows NQ1! for the past two years. Additionally, it shows two simple moving averages, 20-day SMA (blue) and 50-day SMA (red). Recently, the bullish crossover took place between these two averages. Although, it needs to be noted that moving averages are lagging indicators. Therefore, we will seek further confirmation also elsewhere. Technical analysis - daily time frame RSI and Stochastic are neutral. Meanwhile, MACD remains bullish. DM+ and DM- also point to bullish conditions in the market. ADX continues to show that the prior bearish trend is even further weakening. Additionally, volume remains sustainable for the rally. Overall, the daily time frame is bullish. However, there is a sign of exhaustion in RSI. Therefore we will pay close attention to support/resistance levels and the ability of the price to move through them. Illustration 1.02 Illustration 1.02 shows RSI on the daily time frame. Support and resistance levels for RSI are indicated by white dashed lines. A breakout upwards would be bullish; on the other hand, a breakout below the support would be bearish. Technical analysis - weekly time frame RSI and Stochastic are bullish. MACD is neutral; though it continues to move towards a bullish crossover. DM+ and DM- are bearish but, at the same time, ADX sharply declines. Overall, the weekly time frame sees bullish developments. Illustration 1.03 The image above shows particular support and resistance levels. 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!Long
by Tradersweekly
6
😱. WARNING we posted a Outside UP month in the NDX100PRO TRADER : Hey, newbie! We posted an Outside Up Month on the NDX100, did you see? NEWBIE : What is an Outside Up Month (OUM)? PRO TRADER : It is a month where you get higher high, lower low and a close higher than the close of the previous month. It is a sign of strong momentum. NEWBIE : Thanks, Pro Trader. How can I make money out of this? PRO TRADER : Well it is not a signal but if you backtest it you will see that after the times the NDX100 has make an OUM the stock market has traded higher in the next 8 months 91.3% of the times!!! NEWBIE : Wow! PRO TRADER : Also if you compare the gain after the times we get a OUM to those without OUM, you see 50% larger gains - so a bet to upside seems to pack a punch! NEWBIE : Thank you, Pro! I will make sure I use the info!
NASDAQ:NDXLong
by TintinTrading
NAS100 USD NQ1! NASDAQ 2022 Apr 04 week NAS100 USD NQ1! NASDAQ 2022 Apr 04 week Per last week's concern of weakening upward momentum, market made a slight retracement. 14391 has to hold for long momentum to continue. Possible Scenario: 1) If 14391 becomes resistance, market expected to test lower levels, with the potential of re-distribution play. 2) 14391 is supported or formation of higher low on daily chart = long opportunity (there has yet to be test of breakout on the daily TF) Weekly = Ave vol UT bar rejecting higher prices. If next bar closes lower, we can confirm weakness. Daily = Average vol down bar closing in middle = minor strength (NS) H4:UHV down bar followed by up bar = strength Price reaction levels: Short on Test and Reject | Long on Test and Accept 16767 16481 15992 15492 15160 14391 13666 13025 Remember to Like and Follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:NQ1!
by paradox677
1
NASDAQ last barrier to break. Consolidation until then.On my most recent Nasdaq analysis 2 weeks ago, I laid out the key pressure levels of the uptrend that started after the March 15 bottom: As you see, the index invalidated the Channel Down and by breaking above the 1D MA50 (blue trend-line), it naturally reached as high as the 1D MA200 (orange trend-line), which broke yesterday. However, it is clear that the wider pattern has been a Falling Wedge and not surprisingly, the index is currently struggling to break above its Lower Highs (top) trend-line. If the news of this week (starting today with the GDP and completing on Friday with the Nonfarm Payrolls) turn out bullish enough to manage a break above the Wedge, then NDX will target the next Fib in line, the 0.786 retracement level (15870) and then complete the correction's recovery at 16670 (requirement is for one 1D candle to close above each Resistance level). Notice how yesterday's top came exactly on the 0.618 Fib. If however the price gets rejected on the Lower Highs (and 0.618 Fib), expect a short-term consolidation within the two MA periods, with the 1D MA50 in support. Breaking below the 1D MA50 will be far from ideal, putting at risk the 0.236 Fib and the March 15 Support. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
U
by TradingShot
4