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NASDAQ 100 E-MINI FUTURES

W Pattern Setup on NQJust as in 2002-2003 when America invaded Iraq looking for WMDs (emphasis on the W). George W Bush (again, W) went to eliminate WMDs in Iraq. When said WMDs were not found, it was time to short the Iraq war. However there is a long and profitable path before us until our lies are exposed and we would be fools to not take advantage of this opportunity. We have the W, all we need is the MDs (I have a few friends that are doctors). This play has tremendous upside potential as we would be well in profit before anyone discovers our misdeeds.
CME_MINI:NQ1!Long
by Eclipse_Trading
AmazonSmile. You shop. And... Amazon Still Gives 😊 Amazon stocks are going up this year with solid 52.29% year-to-date gain, that is currently the 9th largest YTD result over all components of Nasdaq-100 ( NASDAQ:NDX ) index. Work hard, Have fun, Make history - And You're Done! - This is the official tagline of Amazon in 2023. The slogan refers to Amazon’s dedication to innovation and service enhancement. As can be seen, Amazon tagline 2023 is separated by three ideologies. Have Fun There is a saying that goes You gotta do what you love to love what you do, and I believe it much applies to this ideology – to have fun. The key to having fun at work is creativity and innovation. Bezos makes room for mistakes, as long as they lead to something positive. You know what they say, learn from your mistakes and be better. To have fun is to think beyond the boundaries with a powerful imagination. Make History As of June 22, 2023, Jeff Bezos is the third richest person in the world, with a net worth of $149 billion, according to Bloomberg Billionaire Index data . Amazon proudly contributes to Bezos’ success, being the most successful retailer company in the U.S.A. Despite such accomplishments, the business still strives to develop bigger by the day. From A To Z You can still see a smile formed right under Amazon’s logo; it represents the range of products and services available on the platform. The smile also symbolizes consumers’ happiness when they find what they need within just a few clicks. Of course, in Trader's terms a market smile also means V-shaped recovery, that is currently observed due to massive Reversed Head and Shoulders Chart Pattern structure breakout. Overall Amazon stocks still are on the positive path, following the All-the-history support of 10-years simple moving average.
NASDAQ:AMZNLong
by Pandorra
16
NASDAQ pulling back on high correlation with the July 2023 Top.Nasdaq (NDX) appears to be forming a Top approximately at the levels we described on our most recent idea (January 23, see chart below): Today we move to the 4H time-frame where we can discuss the shorter term parameters of this expected pull-back. As you can see right away, the July 2023 peak (and the price action that led to it) is very similar to today's attempted technical peak formation. Both sequences started with an Accumulation Phase (green ellipse), rose and then had a 10-day correction and after a short re-accumulation (circle), they peaked on approximately a +6.80% rise. During all this time, they have been trading within a (dashed) Channel Up pattern. In addition, the 4H RSI sequences between the two periods are virtually identical and we are now on the Lower Lows formation, where the actual index is below the 4H MA50 (blue trend-line), following the overbought 4H RSI peak. If the price continues to replicate the late July - early August 2023 sequence, then expect a Lower High and then sharp short-term correction below the 4H MA200 (orange trend-line). Target 1 is on Support 1 at 16560 and if we get a 1D candle closing below it, we will re-sell with Target 2 on Support 2 at 16200. That will be roughly a -8.67% decline from the top, similar to the August 18 2023 Low. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US100Short
by TradingShot
3
NASDAQ: Is the correction starting?Nasdaq isn't overbought on the 1D time-frame anymore but technically it remains bullish (RSI = 63.538, MACD = 210.050, ADX = 41.826) and will continue to be as long as the two month Channel Up holds. It may be supported by the 1D MA50 but if the index follows the late July peak formation and crosses under the 0.382 Fibonacci level, then we expect a technical short term correction. The crossing will be our sell entry trigger and we will target the S1 level (TP = 16,200). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US100Short
by InvestingScope
1
BTC VS NDX. FOLLOWING THE BEARISH SCENARIOPreviously in the Series.. 👉 Launch of BTC futures on December 18, 2017 Bitcoin is down more than 10 percent in a week and crashed 80+ percent in a year. 👉 Launch of trading on Coinbase IPO NASDAQ:COIN on April 14, 2021 Bitcoin is down more than 10 percent for the week and crashed 50+ percent for the quarter. 👉 Launch of AMEX:BITO - the first fund based on BTC futures, on October 19, 2021 Bitcoin is down more than 10 percent in a week and crashed 80+ percent in a year. 👉 Launch of ̶G̶i̶p̶s̶y̶ ̶C̶a̶m̶p̶ 11 ETFs on BTC, incl. on BTC spot, on January 11, 2024. Bitcoin has slumped by more than 10 percent in a week and further losing its shores. The main technical graph is a ratio between Bitcoin BITSTAMP:BTCUSD and NASDAQ:NDX Nasdaq-100 Index. Indeed, BTC underperforms against NDX, almost for a 3 years in a row.. But blind faith is ineradicable.. Who knows, what BTC halving has to say.. The truth is One and Only - just trend is your real friend ! 😄
BITSTAMP:BTCUSD
by Pandorra
NASDAQ Extremely close to a peak and a correction.Nasdaq (NDX) closed yesterday on a red 1D candle, with the 1D RSI above the 70.00 overbought barrier, but remains within the (dashed) Channel Up, as well as supported by the 1D MA50 (blue trend-line) since November 03 2023. Based on the 1D RSI which is within a Megaphone pattern, we might be approaching a peak similar to July 19 2023, whose RSI was also inside a Megaphone on almost the same levels as now. Following the peak, the price declined initially by -8.50%. Since the start of the year the other two major declines have been around -9.50%. This suggests that if the index reverses around next week (Fed Rate Decision), we are technically aiming for 16200, which will put to a test Support 2 and the 1D MA100 (green trend-line), which made the bottom on the first -9.50% decline of last year on March 13. The confirmation signal for atleast a short-term sell, can be when the index breaks the 1D MA50. Also, currently, the downside potential can be as low as the 1D MA200 (orange trend-line), which by its current course can make contact with the price around Support 3 (15700). The 1D MA200 has been untouched for more than 10 months (since March 13 2023). ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US100
by TradingShot
8
NASDAQ Starting a double Top rejection towards the 1day MA200.Nasdaq / US100 is pulling back after a Double Top formation at 16970. The 1day RSI is already inside a Channel Down, much like the patterns of the July 19th 2023 and February 03 2023 Tops. They both declined by -9.00% on average. Sell and target 15850, which is slightly over the bottom of the Rising Wedge (Rising Support) - 1day MA200 - 0.5 Fibonacci Support Zone. Previous chart: Follow us, like the idea and leave a comment below!!
CAPITALCOM:US100Short
by TheCryptagon
NASDAQ: Potential correction to the 1D MA200.Nasdaq is on a bullish 1D technical outlook (RSI = 60.007, MACD = 103.260, ADX = 29.522) as since January 5th it reversed before testing the 1D MA50 and is near the R1 level (16,980). The last three 1D candles have been flat and with the RSI trading downwards (Bearish Divergence), it is a first sign of a potential technical decline. This is like the top pattern of July 18th 2023, also on an RSI Bearish Divergence. In accordance to that price action, we expect yet another decline under the 1D MA50, for a close test of the 1D MA200. Our target is at the top of the S2 Zone (TP = 15,800). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US100Short
by InvestingScope
NASDAQ Post Cup & Handle rally in motion. There'll be pullbacks.Nasdaq (NDX) has completed a giant Cup & Handle pattern and since the late October 2023 bottom, it has started the post Handle rally. This rally historically tends to be a very long-term one but with its fair share of corrections to at least the 1W MA50 (blue trend-line). As you know 2022 was the year of the Inflation Crisis (left side of the Cup) while 2023 was its recovery (right side of Cup). Going back to the 2 most recent Bear Cycles, the 2008 Housing Crisis and 2002 Dotcom Crisis, we can observe similar Cup & Handle patterns, with identical 1W RSI sequences (oversold on their bottom and starting a Channel Down when the Handle begins). The rally that followed after the Handle in 2011 and 2005 started another pull-back to the 1W MA50 (ellipse) just a few months after when the 1W RSI hit the top of its Channel Down. The chart shows that we might be in a similar situation right now. As a result, long-term investors may seek an additional buy entry as close to the 1W MA50 as possible like the late October bottom. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:NDX
by TradingShot
1
NQ! Another Bullish RunThe NQ went bullish once again today. I had a positive day at the start and then started second guessing my reading of the price action I saw and blew throught the different points on the 15 minute chart. So moral of the story go with what you see and know and stop trading when you are up. I started the day up over $250 in profit ended the day from dumb trades and overtrading -$489 down........DUMB!!!!!! Oh side not if i had let the first trade run as i should have i would've had a MIL:1K day trading just micros. But such as life? So maybe i should have posted the MNQ chart but you get the idea.......Be a mindful trader always......i guesss is what im saying.
CME_MINI:NQ1!Long
by Thescalptrader
7 Dimension Trade idea For Nasdaq 😇 7 Dimension Analysis Time Frame: H4 1️⃣ Swing Structure: Bullish 🟢 Structure Behavior: Break of Structure (BoS) 🟢 Swing Move: Corrective move, indicating a Point of Interest (POI) for potential reversal. Vigilance is required for a bullish reaction at this level. 🟢 Inducement: Not done yet; waiting for a proper internal bullish BoS. 🟢 Internal Structure: Currently bearish, anticipating a shift with a bullish BoS. 🟢 Decisional Order Block: About to be mitigated. 🟢 Demand Area: Identified via FVG, indicating a discounted area. 🟢 Time Frame Confluence: Daily and H4 2️⃣ Pattern 🟢 CHART PATTERNS: No significant chart patterns observed. 🟢 CANDLE PATTERNS: Various signals: Record Session count, Shrinking long wick, Change in guard with engulfing, Doji, Momentum, Inside bar, and a blended combo suggesting a potential reversal. 3️⃣ Volume 🟢 Fixed Range: Bullish dominance in these areas. 🟢 Volume during Correction: Comparatively less during correction than in impulsive moves. 4️⃣ Momentum RSI 🟢 Zone: Extremely Bearish 🟢 Range Shift: Waiting for a potential shift from bearish to sideways. Two strong bullish divergences indicate weakness in bearish momentum. 🟢 Loud Moves: Conventional RSI theory suggests an extremely oversold market, possibly signaling a reversal. 🟢 Grandfather Father Son Entries: A robust 7-star buy signal. 5️⃣ Volatility Bollinger Bands 🟢 Price is already under the Middle band. 🟢 After a strong expansion, the market is moving into contraction, indicating a potential bullish sideways move. 🟢 Squeeze breakout awaited. 🟢 Walking on the band not yet. 6️⃣ Strength According to ROC 🟢 Values: Nasdaq shows the highest rate of bullish sentiment compared to all other indices. 7️⃣ Sentiment Price action signals a clear long entry, but other dimensions like momentum and volatility tell a different story. Waiting for final volatility and momentum confirmation for a long position. ✔️ Entry Time Frame: H4 ✅ Entry TF Structure: Bullish ☑️ Current Move: Corrective ✔ Support Resistance Base: FVG demand area ☑️ Candles Behavior: Bullish signals intact - RSC, Long wicks, Doji, Inside, Momentum. ☑️ FIB Trigger Event: Occurred ☑️ Trend Line Breakout: Breached but not confirmed. 💡 Decision: It's prudent to wait until the price provides a proper internal structure breakout. Once a bullish BoS is confirmed, consider a buy. I will update entry, take profit, and stop levels when triggered. 🚀 Entry: ✋ Stop Loss: 🎯 Take Profit: 2nd Exit if Internal Structure changes, also Exit 3rd Trendline Breakout, FOMO. 😊 Risk to Reward Ratio: 🕛 Expected Duration: SUMMARY: The analysis suggests a potential bullish reversal but advises caution until the price demonstrates a clear internal structure breakout. Various signals indicate a reversal, and a detailed plan will be updated upon market confirmation.
OANDA:NAS100USDLong
by Optimum369