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NASDAQ 100 E-MINI FUTURES

NQ is losing momentun and going redHello traders, As you can see The Nasdaq is starting to lose momentum after being bullish for several days. This is because NQ came back from strong levels, the daily 20.790 and the weekly 20.296. From a 1H chart point of view, the price made a beautiful pull back on the weekly getting strong momentum then was rejected downward looking for the next daily level of 19.973 giving us a beautiful short trade. If price hit the daily level and gets rejected, look for a pullback then go long searching the next daily level 20.144. But if price breaks the daily 19.973, wait for a pull back then go short searching the next weekly 19.760. Good luck everyone and Happy trading!
FXOPEN:NDQMShort
by YMtradingsystem
NASDAQ: Channel Up topped. Opportunity for short term selling.Nasdaq turned bearish on its 1H technical outlook (RSI = 38.742, MACD = -3.920, ADX = 40.192) as it crossed under the 1H MA50. This comes after almost an exact touch at the top of the September Channel Up and while the 1D timeframe has gone from bullish to almost neutral. The last two rejections at the top targeted at least the 1.236 Fibonacci level on the pullback. That is what we aim for on the short term (TP = 20,250). 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
3
NASDAQ Ready for an impressive finish of the year.Nasdaq (NDX) is coming off a 4H Golden Cross, the same kind if formed on November 08 2023, straight after the bottom of the 18-month Channel Up. As the 1D MA200 (red trend-line) has been in strong support of this Channel Up, the index is now on a similar Bullish Leg (blue Channel) as the one that started 1 year ago. We are at the stage were after a roughly +20% rise from the bottom, the short-term Bullish Megaphone tested and held the 4H MA200 (orange trend-line), which based on the January 2024 fractal, could initiate the 2nd Phase of the Bullish Leg. The previous one peaked on a +31% rise, so we expect the index to reach at lest 22000 by the end of the year. ------------------------------------------------------------------------------- ** 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:US100Long
by TradingShot
Weekly Forex Forecast Oct 28th: S&P500, NASDAQ, & DOW This is the Weekly Forex Forecast for Oct 28 - Nov 1st. The S&P500 and NASDAQ are neutral at the moment, but the trend is bullish. Patience will pay off if we wait for confirmations to bullish orderflow. The DOW is looking weaker than the other two. It is clear the short term profit targets are to the sell side liquidity. Check the comments section below for updates regarding this analysis throughout the week. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CBOT_MINI:YM1!
by RT_Money
2
NASDAQ: Approaching lower supports. Two levels you can enter.Nasdaq has turned neutral on its 1D technical outlook (RSI = 52.116, MACD = 179.950, ADX = 45.004) as it failed to make a new High above the LH trendline and is being pulled down towards the 4H MA200 and 1D MA50. Those two are the major support zone and buy entry. But before that, the first is where the price is right now, at the bottom of the dotted Channel Up. The 4H RSI is almost on the S1 level (33.50), which has been the buy signal for October. So the first buy entry is now, aiming at a +4.50% increase (TP = 20,950). If it fails, add another just over the 1D MA50 and take profit on both after again a +4.50% price increase (TP = 20,650). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US100Long
by InvestingScope
1
DreamAnalysis | NASDAQ's Next Move Key Levels and Market Outlook✨ Today’s Focus: NASDAQ (US100) – A Market Mover We delve into the latest price movements and analyze key market levels to uncover potential trends. 📊 Current Market Overview: Currently, the price is consolidating within the 4-Hour Imbalance zone, formed after breaching the Previous Month High and retracing lower. Additionally, Smart Money Technique (SMT) is evident at highs, correlating with ES (SPX500). 🔴 What to Expect: Short-Term vs Long-Term Scenarios Explore potential outcomes for both short-term and long-term perspectives, outlining bullish and bearish possibilities for day trading. 🗣 Short-Term Outlook: In the short term, expect the price to consolidate around the Imbalance and SMT levels, potentially targeting the Previous Week Low (PWL) as a liquidity draw. 🗣 Long-Term Outlook: Long-term projections suggest a possible retest of the Previous Week High (PWH) followed by a decline towards the Equilibrium (50% level) of the current monthly range. 🕓 Key Levels to Watch: These critical levels could significantly influence price action: - PMH: Previous Month High - PML: Previous Month Low - PWH: Previous Week High - PWL: Previous Week Low - BSL: Buy-Side Liquidity - SSL: Sell-Side Liquidity - Daily FVG: Fair Value Gap (Imbalance zone) These levels denote potential areas for liquidity absorption or market rebalancing. Fair Value Gaps (FVGs) represent zones where price retracement may occur before resuming its trend. 📈 Bullish Scenario: Currently, a bullish stance is not anticipated. However, on lower time frames, identifying Low Resistance Sell Side Liquidity (LSSL) could precede targeting higher levels such as the Previous Week High. 📉 Bearish Scenario: The bearish scenario aligns with the short-term outlook. Currently bearish, lower time frame analysis can refine entry models and points for enhanced trading confluence. 📝 Conclusion: Remain adaptable as market conditions evolve. Vigilantly monitor these critical levels and setups to refine your strategy and identify high-probability trade opportunities. 🔮 Looking Ahead: Stay tuned as we track NASDAQ, DXY, EUR/USD, and other major markets. Timely insights will follow as trends develop. ⚠️ Disclaimer: This analysis serves educational purposes only and not as financial advice. Always conduct thorough research and consult a licensed financial advisor before making investment decisions.
CAPITALCOM:US100
by DreamAnalysis
NASDAQ can explode to 25000 if the 1D MA50 keeps supporting.Nasdaq (NDX) appears to be coming off yet another short-term consolidation (ellipse pattern), the kind of accumulation it is accustomed to while trading within its 2-year Channel Up. As we have established in previous analyses, the index is on its 3rd Bullish Leg of this pattern following the August 05 bottom (Higher Low) on the 1D MA200 (orange trend-line). When the same consolidation took place in the previous two Bullish Legs, the index remained supported by the 1D MA50 (blue trend-line) and went off to complete a rise of +49.50% and +47.80% respectively. The 1D RSI fractals of all those sequences, also display amazing symmetry. If the rallies are on a decelerating rate, we can expect the next one to hit at least 25000 (+45.50% from the Aug bottom). As you can see, the Higher Highs of the Channel Up tend to form after the Sine Wave tops, while the bottoms are exactly on point. ------------------------------------------------------------------------------- ** 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:US100Long
by TradingShot
1
S&P500, NASDAQ, & DOW JONES Weekly Outlook Oct 21The 3 Indices are in position to move higher. I am looking for buys setups, as my bias is bullish. My first targets are the PWHs, and potentially ATHs. I've included some notes on how I project bullish targets above ATH's. Tell me what you think of it in the comments section. Check the comments section below for updates regarding this analysis throughout the week. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CBOT_MINI:YM1!Long
by RT_Money
NASDAQ: Buy the next pullback and aim at 20,800Nasdaq is bullish on its 1D technical outlook (RSI = 60.111, MACD = 227.000, ADX = 44.293) and maintains a short-term Channel Up since September 12th. The price is currently under the Channel's median, which suggests it's a buy opportunity. We expect the next bullish wave to form a HH at the top of the Channel Up. Based on the previous bullish wave, we're targeting the 1.786 Fibonacci (TP = 20,800). 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:US100Long
by InvestingScope
Nasdaq still unable to hit ATH despite Nvidia reboundFollowing Tuesday's drop, the markets stabilised on Wednesday in a quiet trade and now the S&P has hit a new record high, lifting the Nasdaq 100 with it. This is despite continued weakness in China, where the government’s latest attempt to shore up the property market, failed to lift sentiment overnight. The recovery has been driven by tech sector after results from Taiwan Semiconductor Manufacturing Co. helped to soothe investor sentiment hurt by a profit warning from Dutch chip equipment maker ASML on Tuesday, something which hit US chipmakers across the board. There were also reports of the US limiting advanced AI chip sales which had also sparked some concern, after Nvidia stock took a plunge on Tuesday. But judging by today's price action, it looks like dip buyers have once again swooped in as they have done all year, with Nvidia also making back its losses and some. Betting against the market has been costly in 2024, with almost every dip being quickly bought up. But with the US election just three weeks away, it could be a bumpy ride from here. For now, stock market investors are happy that central banks globally have been easing interest rates, with the European Central Bank cutting rates by another 25 basis points earlier today. While some of this has likely been priced in, the US presidential election looms large, and tight polls may drive some investors to take profits ahead of such a big risk event. Nasdaq 100 Technical Analysis and Trade Ideas From a technical perspective, the Nasdaq 100 is still looking bullish and regardless of what we think might happen from a macro point of view, you have got to respect the charts and the trend. Until such a time there is a clear bearish reversal pattern on the chart, there is little point in trying to bet against the market. I will set out the scenario that could play out for the bears, though. As traders we have to be prepared for anything that could happen. If you take a glance at the daily chart, you’ll notice the index has been consistently making higher highs and higher lows since it bottomed out in early August, following the unwind of the yen-funded carry trade. Since then, the Nasdaq has reclaimed the 21-day exponential moving average and broken through a few key resistance levels, which have now flipped to support. All signs point to the path of least resistance being to the upside—for now, anyway. Key Levels to Watch The bulls’ first line of defence sits around 20,285. The next key support is around the 19,900-20,025 area (shaded in green), which acted as support in the first week of October. At the moment, the bulls are targeting the next resistance zone between 20,465 and 20,685 (shaded in grey). This area was the point of origin of the breakdown back in July, and has now offered strong resistance on at least two occasions. This area now needs to break if we are to see a run towards the July peak of 20,759 in the coming days. However, as mentioned, we know that anything can happen at any moment. It's crucial, therefore, to keep an eye on the charts for signs of a reversal. A break of key support levels could signal an opportunity to step aside or even go short if the trend shifts. When to Get Bearish If the market reverses today for whatever reason and turns lower, then that could be the first sign of trouble, particularly after Tuesday’s bearish close. This would imply the bulls, who bought the dip on Wednesday, are now getting stuck. But for me, a clearer sign of a reversal would be if that 19,900-20,025 gives way in the coming days, for then we will have formed our first lower low since the markets bottomed in August. A breakdown here could open the door for a deeper correction, possibly sending the index down toward the 200-day moving average. But let’s not jump the gun. For now, it’s all about watching those key support levels and seeing if the bulls can keep control of the market. If they do, the uptrend remains intact. If not, we now know exactly what to look for. Final thoughts While the Nasdaq 100 has had an impressive run, caution is key as we head toward the US election. The bulls are still in control, but a sharp reversal is always possible. Keep an eye on key support levels, manage your risk, and be prepared for a shift in trend. For now, we remain cautiously optimistic, but in trading, anything can happen. By Fawad Razaqzada, market analyst with FOREX.com
CME_MINI:NQ1!
by FOREXcom
1