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NASDAQ 100 CFD

NASDAQ About to test the MA50 (1d). Break out and rejection planNasdaq is posting the 3rd bullish leg inside the Channel Down pattern on the 1D time frame. It is about to hit the MA50 (1d), above which all prior Lower Highs have been priced near the 0.786 Fibonacci level. The medium term trend remains bearish until this level gets broken. Trading Plan: 1. Sell on the current market price. 2. Buy if the price crosses over the 0.786 Fibonacci level. Targets: 1. 14650 (near the 0.382 Fibonacci level, where both Channel top rejections made the first drop). 2. 15330 (Resistance 1 and previous Lower High) Tips: 1. The MACD (1d) just formed a Bullish Cross. The previous two were formed half way through the rises, so it is possible this one is stronger, hence our bullish break out option. Please like, follow and comment!! Notes: Past trading plan:
CAPITALCOM:US100
by TradingBrokersView
Go Down, Moses.. To Let My Shekel Go... 😕Shekel drops to 4 against the dollar, in first since 2015. Currency’s weakness comes as conflict rages, even after Bank of Israel announced plan to intervene in the foreign exchange market to try and contain sharp shekel FOREXCOM:USDILS moves. The exchange rate of the New Israeli Shekel on Monday crossed the threshold of NIS 4 per dollar, the local currency’s weakest level since 2015, with Israel in its 10th day of conflict with the Hamas terror group. Since the devastating massacre launched by Hamas on October 7 in Israel’s southern communities, in which more than 1,300 were killed, more than 4,000 injured, and some 200 kidnapped by terrorists, the shekel has dropped by about four percent against the US dollar. Investor uncertainty over the duration and scope of the conflict has been growing in recent days, with the Israel Defense Forces gearing up for a ground operation to smash the terrorist organization in the Gaza Strip. The currency’s weakness comes even as the Bank of Israel last week announced a plan to intervene in the foreign exchange market to try and moderate shekel volatility after the country formally declared a state of war. As part of the program, the central bank can sell up to $30 billion in foreign exchange to protect the shekel from collapse. It was also introduced to “provide necessary liquidity for the continued proper functioning of the markets,” the Bank of Israel said. Israel’s consumer price index (CPI), a measure of inflation that tracks the average cost of household goods, unexpectedly decelerated 0.1% in September, before Hamas’s unprecedented attack, figures by the statistics bureau. Following the lower-than-expected September print, economists and market participants have started to price in an interest rate cut by the Bank of Israel as early as at its next monetary policy meeting on October 23, or even earlier, should it be necessary. The September CPI index points to the fact that the economy was slowing even before the conflict broke out. Meanwhile technical graph for FOREXCOM:USDILS says, U.S. dollar is about to break out major multi year resistance against shekel, where 4 shekels is a key to watch at the end of Q4'23.
by Pandorra
1
NASDAQ Can it hold the 1D MA200 ahead of the Fed and NFP?Nasdaq (NDX) has a strong rebound near the 1D MA200 (orange trend-line) last week, which formed the latest Lower Low at the bottom of the 3.5 month Channel Down. Ahead of today's Fed Rate Decision and Friday's Nonfarm Payrolls, it is important for investors to see the index holding the 1D MA200 as Support, as it will provide the technical backing for at least a short-term rise. As long as it does, our target is 14850, which is a level that meets all 4 bullish criteria: 1) Is on the 0.236 Fibonacci Channel level (all previous 3 Channel Down bullish legs hit at least this level). 2) Is on/ below the 1D MA50 (blue trend-line). 3) Is less than +6.28% (which has been the lowest % rise of a bullish leg withi this Channel). 4) Is (quite) below the 0.786 horizontal Fibonacci level (all previous bullish legs almost hit it). If however the 1D RSI hits the 58.50 level (Resistance 1) before the index hits the 14850 target, we will book the profit earlier, as that RSI Resistance has formed the last 2 Lower Highs of the Channel Down. ------------------------------------------------------------------------------- ** 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
3
#NDX - 31102023Yesterday market slowly went up, hit 14300 resistance, dipped exactly to the 14256 strong level and rallied to the next at 100points before selling back down on BOJ news. I did say 14256 is key but the lows was given exactly at the PZ, together with SPX PZ as it recovered and made new highs. BOJ meeting today. I would think it will create some volatility. Price action on USDJPY looks bearish. Will we see a repeat of December 2022? That was when USDJPY sold off sharply with indices. But indices found a base before European session and eventually recovered. Daily price action is bullish. But still capped at 14330 strong resistance. I set 14450 as a sell limit for yesterday but was not triggered. My buy limit is at 13900. 14250 is a strong support. TBH it looks different between NDX and SPX. NDX does look toppish and would minimally pullback but SPX looks stronger. But if, as I said yesterday, market need to capitulate by making a new low first before it can meaningfully recover, then BOJ could be the event to trigger such, before a sharp rebound. Yesterday's 14255 will continue to be key, a break will trigger the down to 14101, 14011 and 13881. Can only take it level by level; market could well just make a higher low (anything lower requires much panic). But overall 13760- 13879 will be good to scale in longs for a rebound (will not discount 13760). And if spike up, 14430 will be key.
OANDA:NAS100USDShort
by FadeMeIfYouCan
NASDAQ Rebounding on the 1D MA200 and targeting 15,000Nasdaq is trading inside a Channel Down since the July High and is naturally on bearish 1D technicals (RSI = 39.169, MACD = -233.06, ADX = 37.454). This is a buy opportunity though as the price is rebounding today after making a LL bottom almost on the 1D MA200. That is a long term Support level, being unbroken since March 13th. The second bottom indication is given by the 1D RSI which hit and bounced from inside the S1 Zone, as both previous bottoms have. Every rebound rose almost as high as the 0.786 Fibonacci level to make a LH top. Consequently we turn bullish and target that Fib level (TP = 15,000) which is slightly over the 1D MA50. ## 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 1day MA200 test after more than 7 months. Huge BUY!!Nasdaq / US100 is trading inside a Channel Down since the July 19th high. Today the price not only touched the bottom of that Channel but is about to test the 1day MA200 for the first time in more than 7 months. As the 1day RSI is on the same level as the Channel's previous two Lows, this is technically the best buy opportunity on a quarterly basis. Buy and target 15000 (top of Channel Down and 0.786 Fibonacci which was where the previous Lower Highs were formed) Previous chart: Follow us, like the idea and leave a comment below!!
CAPITALCOM:US100Long
by TheCryptagon
1
NASDAQ Power Sell can potentially reach 14200 and lower to 13200FOMC Major Resistances and Trendlines broken The market is bearish maybe a P shape trap of the bulls,Dont fall into trap In nivember or December the next Rate hike Possibility increasing. The inidcator above shos the trend of the Highs which are red, while the market making higher highs temporarily, and lower lows. The long 15D trend, here displayed on 7 H chart shows it clearly. Use proper Moneymangement
CAPITALCOM:US100Short
by DaveBrascoFX
3
US100 Nasdaq Scenario 3:Bearish Target Pre-Gap Next 2 WeeksRed September, Low Volatility, FED, mixed news. The worst trading month of the year has just begun. Thi week Wednesday is more important. 2 Gaps are still open. Up from next week , we will have rarely 3 open gaps(contracts rollover). This is the firt senario if Nasaq reaches upper gap first15850-159950. 14416 is the key level. Once breaking we will see the drop down. Traget: Pre Gap: 14650-14750 Use proper Money mangemant.
CAPITALCOM:US100Short
by DaveBrascoFX
US100 Nadaq100 Scenario 4: Bearish+ Super Bullish Next 6 WeeksRed September, Low Volatility, FED, mixed news. The worst trading month of the year has just begun. Thi week Wednesday is more important. 2 Gaps are still open. Up from next week , we will have rarely 3 open gaps(contracts rollover). This is the firt senario if Nasaq reaches upper gap first15850-159950. If Nasdaq fails to reach upper gap first, we will see this scenario soon. Europe and US will show the trend down(Short Term). In case we reach 14750 and fill the gap 14500 zone, but the news might be !!!! negative for Indice, we will also see a 10% drop down to 14250-14200-13850 and 13250-13500(Possible!!!). The retracement will be very bullish agressive so we can time our buy strategy. Below 13000 zone is the agressive Bull zone where the major trend has started and the Bulls will successfully defend that zone. It is also possible that we will fill 13500 zone gap later....in 2024. Nasdaq has to break up firt 17000-19950 area to get ready for its first healthy correction in 2024-2025. If we reach to southern area in September or this year, I am 100% sure we will fly to 19000 area after reaching those targets. Use proper Money mangemant.
CAPITALCOM:US100Short
by DaveBrascoFX
11
NASDAQ Price Trends Analysis: Identifying Overvaluation Periods The NASDAQ, one of the most closely watched stock indices globally, is often characterized by its volatility and tendency to be influenced by tech and growth stocks. In this analysis, we will examine three key elements: periods of overvaluation represented by "circles," the potential presence of hidden bullish RSI divergence in green, and bearish RSI divergence in red. 2. Overvaluation Periods: The "circles" in the NASDAQ context may be interpreted as periods when stock valuations are likely to be overextended. Investors, driven by excessive optimism, may push stock prices to unsustainable levels relative to underlying company fundamentals. These overvaluation periods can be attributed to various factors, including irrational market enthusiasm, speculative bubbles, or favorable macroeconomic conditions. To identify these periods, a graphical analysis of NASDAQ price movements, highlighting significant price spikes or speculative bubbles, can be valuable. The goal is to identify moments when price trends significantly deviate from the overall trajectory. 3. Hidden Bullish RSI Divergence in Green: Hidden bullish RSI divergence in green on the chart can suggest potential improvement in the underlying market strength, even when prices continue to decline or remain stagnant. This situation could imply a possible trend reversal to the upside. 4. Bearish RSI Divergence in Red: Bearish RSI divergence in red on the chart may indicate potential weakness in the upward trend, even if prices continue to rise. This can signal a potential trend reversal to the downside. 5. Conclusion: In summary, the NASDAQ, as a major stock index, experiences significant fluctuations. "Circles" may indicate overvaluation periods, while hidden bullish RSI divergence in green and bearish RSI divergence in red can signal potential opportunities for trend reversal. It is essential for investors to closely monitor these indicators and incorporate them into their decision-making processes. However, it is important to note that stock market investments come with inherent risks, and no technical analysis can guarantee success. It is highly recommended that investors consult with qualified financial advisors before making investment decisions. This analysis is provided for informational purposes only and does not constitute financial advice. Past performance is not indicative of future results, and stock market investments carry risks.
NASDAQ:NDXLong
by HolderYoda
NASDAQ Numerous technical indicators call for a Buy.Nasdaq (NDX) gave us a low risk sell trade last week (see chart below), where after taking the loss on the Channel Up bottom buy, we reversed to selling on the break-out and hit 14530: Standard 'buy low, sell the breakout if invalidated' approach that aims at assuming low risk near supports/ resistances and high return when those break. This sell-off brought the price on the Lower Lows (bottom) trend-line of the Falling Wedge for the 4th time. Coming of a 4H Death Cross, this is the 2nd Low after its formation, which has previously been a bottom pricing and buy signal. Additionally, the 4H RSI has been on Higher Lows on every bottom. The last indication that this is a solid buy entry, is that the price hit the 1.1 Fibonacci extension (from previous Low to High), which was where the previous two bottoms where formed. As a result of all the above parameters, we issue a buy signal on Nasdaq and since the previous Lower Highs almost hit the 0.236 Fibonacci level, we set the Target at 15050. ------------------------------------------------------------------------------- ** 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
3
US 100 INDEX. THREE WORDS THAT YOU SHOULD KNOW - LET'S GO DIVINGThere are looming risks that could "break" the US economy and end its current growth cycle. Third-quarter GDP estimates are tracking above 5% and the US economy has added more than 2 million jobs year-to-date. But there are three looming risks that could "break" the stock market and economy and end its current growth cycle, according to a Tuesday note from Ned Davis Research. These are the three risks to consider. 1. A resurgence in inflation Inflation has made progress in trending towards the Federal Reserve's long-term 2% target after CPI peaked at about 9% last June, but any resurgence in rising prices would threaten the trajectory of the Fed's current tightening cycle. 2. The 10-year Treasury yield is around 5.00% The 10-year US Treasury yield has surged so far this year, hitting a 16-year high of 5.02% on Monday. A further increase in this key benchmark rate would spell trouble for the broader economy, specifically if the yield breaks above the 5.25% level. The 5.00 - 5.50% yield range TVC:TNX was an important double-top in 2006/2007, and also represented the peak policy rate of that tightening cycle. So perhaps we wouldn't take a break of that level lightly. Higher interest rates increase borrowing rates for consumers and businesses and often curtail demand, leading to slower economic growth, if not a contraction in growth. The 10-year US Treasury yield was at 4.86% on Tuesday. 3. Credit conditions deteriorating So far this year, the bond market has been more concerned about interest rate risks than credit risks. Technical graph below for US 100 Index NASDAQ:NDX says that main 125-Day SMA support has been broken as well as major upside trend, and technical figure known as "Head and Shoulders" is in progress right now.
TVC:NDQ
by Pandorra
S&P Double TopHistory and Introduction Everyone in the market today remembers broadly the financial response to C19. It We see it every time that we look at the price chart and we see the spike down and the V recovery. What a lot of people may not remember is the investigation into SoftBank for essentially causing a short squeeze by use of call options and gamma hedging. When that news story came out my long term assumption was we would be returning to the C19 low and that has informed every idea I have put out since then. News story www.investmentwatchblog.com An Explain Like I am 5 From Reddit When you write a call as a seller you essentially take a short position against the stock delta wise When SoftBank bought loads of calls that were out of the money then the writers had large negative delta positions against these tech stocks. One common way to offset a negative delta is you can hedge with owning shares to offset the negative position from the calls you write. As the calls were heavily wrote then shares were added to offset risk which contributed towards momentum. As the stock positions were entered it drove up price of stock which put those out of the money options closer to the money leading to more share purchases while SoftBank continued to purchase more and more calls leading to an increased share price between delta hedging and general market momentum. Someone can correct me if I’m off but that’s my broad description www.reddit.com Essentially when that news story came out I, personally, understood all these gains were unsustainable and were going to be given back. This was in addition to all of the other stimulus spending that was going on. There was still gains to be made or lost speculating in swing trading but my ultimate goal was to not buy the top and not to sell bottoms. Main Chart Analysis The main chart has been left pretty simple. We have the Gaussian Channel on top and we can see that in the 70s there were two points in time investors or traders got to buy below the gaussian channel. Fortunes could be made by buying below the channel and merely selling above the guassian channel. Loading up on dividend stocks would have also been very prudent. We can also see the opportunity came again in the 2000s. We can also see in purple the tops where the ADX has been at 20 or below. The 70s dip had the low ADX but the 2000s did not. It is not a necessary condition that the ADX be low for price to go below the gaussian channel, but it is suggestive that with the current low monthly ADX we have a fair shot of getting there. We also see that similar to the 1970s the ADX has been declining over each high for over the last decade. Not a good set of circumstances to be in. The right side of the chart shows the double top itself without any indicators and on the weekly time frame. As it stands right now it looks like a “lower high” double top but price could rally up 17% from the current level and this idea is still valid. The last top took over 300 days to develop and start to sell off to create the valley low. We can still have a significant amount of sideways as bulls get exhausted. Double Tops Double tops are suppose to have a flat base before the uptrend begins and then return to the flat base per Bulkowski, who is broadly considered to have written one of the modern trading “bibles.” www.thepatternsite.com The chart below shows what I consider the flat base to be. The fib draw on the double top does get us right into that range. Another thing to remember is that we don’t need to see an impulse that looks strait down. It is quite probable that price action takes out the valley low and then rally to test previous support as resistance. Here is an example of a double top on bitcoin from the 2018 bear market. The 4-hour chart provides the detail of a double top that developed over 25 days from the time the began to top to rejection oat previous support. So, not only could price action go sideways for some 300 days as the second half of the double top is created, but once price sells off we could spend considerable time in a suckers rally as price returns to previous support and tests it as resistance. Quarter Chart Long term, we have a chance to buy in the quarterly gaussian channel. This would require significant sidewise-ish or channel-ish price action for a decade. Dow Theory Basic Dow theory on bull markets has three phases, accumulation (smart money), public participation, and excess. From there we enter distribution, public participation, and panic. One tenant of Dow theory is indices must confirm one another. www.investopedia.com My linked idea will show that I thought that NDX would have a bull trap. That idea has been invalidated because rather than forming a classic bull trap NDX is likewise in a double top. But having both NDX and SPX in a topping formation suggests that we are in distribution. Since we are talking about Dow theory lets look at the DJI. T Guess what? he Dow looks like it is in a double top as well. Having all three indices appear to be topping within 5 percent of previous ATH is pretty bad. NASDAQ/S&P Since the Nasdaq is more volatile than the S&P we can look for bearishness in the NDX/SPX pair to see broader bearishness in the market. I am personally staying away from the Nasdaq as an investment as possible until it reaches its own double top target against the S&P. Crypto Assets Since I believe the SPX is a index that could be topping for over 300 days and having several consolidations on the way down I would expect some assts to go crazy as investors rotate and individual assets have blow off tops. I expect some massive rallies with some select cryptos and then a lot of despair. A lot of movement can happen in crypto over the lifespan of this idea. Here is bitcoin. What is the traditional target of a rising wedge? The beginning of the wedge. And there is no guarantee that bitcoin will set a higher high. If it does I am selling and probably never returning. Conclusion As someone who thinks the United States have been off sound money since the creation of the Federal Reserve I see all of this as the consequences of late-stage socialism. Subsidies to support government initiatives, transfer payments, bloated public services, debasement of the money supply all lead to public excess in the stock market. The United States as been more resilient than a lot of other countries in warding off the pernicious influence of socialist actors but once the Federal Reserve was created the ultimate conclusion was clear, it was just a matter of timing. Of course, due to inherent theory and model failure of most socialists they don’t realize it is the socialist policies that got the market here. Just like most don’t realize we are in distribution. The distribution phase can take a long time and I expect to be ignoring a lot of news. It’s a distraction. I am going to make the trades and investments as I see them. The main chart focuses on what happened to the SPX in two bear markets, one in the 70s and another in the 2000s. What happened to sound money (precious metals) in the 70s and 2000? Quite simply they went crazy. What happened to the Gold/SPX ratio? They reached muti-decades lows. If the SPX is topping then I would expect to see a massive upside pattern on gold. And I do. There is a cup and handle or ascending triangle. Based on that the time for me to rotate back into the S&P generally would be when the SPX/Gold ratio hits a double bottom from the low of 2011 Likewise with Silver and the S&P I think it is a decent time to take my kids to the precious metals store.
SP:SPXShort
by This_Guhy
17
The NASDAQ and Yield Curve Inversion Battle PlanTL:DR The NDX & Yeild Curve Inversion Pattern suggests that price is bouncing very technically and logically at a long term support trend line. The bubble phase will be complete when price action gets a lot of "white space" between itself and the trendline and the yield curve inverts again in about 2 years. Introduction There is definitely a lot of uncertainty in the market and lots of divergent and conflicting opinions. Lots of conflicting news as to why price could go up, down, or sideways. Ideally TA is suppose to help people see through the noise to make rational decisions in the moment you find yourselves in. A lot of this is pattern recognition and probabilities and sometimes, trite sayings to reenforce deeper lessons. Some of the first trite trading sayings sayings you could have been exposed to: The trend is your friend until the end So long as the music is playing keep dancing bulls make money, bears make money, pigs get slaughtered Lets keep those in mind going forward analysis There are several stages to a bubble and adept traders and investors will be able to negotiate the market with some understanding of what phase the bubble is in. Generally, there is a fair value stage of the bubble and I have that in the orange channels on the NDX and orange zones in the yield curve portion of the chart. Both orange zones go on for about two years and show lots of uncertainty or even chaos in the financial markets. The late 1988 to mid 1990 saw the end of the Saving and Long Crisis which was a pretty serious event. Looking back the dollar amounts seem relatively small compared to the money that is sloshing around now. The 2005 to 2008 yeild curve inversons kicked off the 2008 financial crisis and it took years for the NDX to return to the swing high of the yield curve inversion. Eventually the uptrend increases its angle of assent and the blue trend line appears. This becomes our long term support and so long as price action stays pretty close to the trend line the bubble can inflate for years. During this time yield curve inversions drive price action back down to the blue trendline. So long as the trendline holds you have a very logical reason to buy. The music is still playing and the trend is your friend until the end. There are many pull back systems you could use to buy the dip technically. Below is the NDX on the weekly with the 200 EMA. Every time it has hit the 200 EMA since 2010 it has been an outstanding buy. It is super easy to set stops down there as well. Whether you like that or not it is a very technical buy and very justified. You can buy dip bearing in mind that "Bulls make money.... pigs get slaughtered" The blow off phase of the bubble occurs when there starts to get a lot of white space between the blue trendline and price action. Once that happens you know that price is going to go below that level because that is how bubbles work. Quite frankly, when I see the white space and the yeild curve inverts again it is basically time to close longs within the next 30=60 days. There may be some more upside but it will be at the end of a bubble, no point in being to greedy and holding to long. Generalizations I see the United States stock market going crazy for the next two years to the upside and then crazy to the downside for another two years. I don't see precious metals having their run until after a lot of the damage from the NDX bubble pop happens. Gold futures bottomed about halfway through the NDX bear market and i think it would be fair to see that happening again. I see crypto going crazy to the upside along with NDX and then having an even crazier downside and that would be the first true bear market for crypto that occurs with a NDX bear market. There is going to be a lot of pain and misery and lots of projects getting the Luna treatment. My linked idea on the XABCD Butterly will show that disaster scenario. My trades I have taken a shining to a couple of cryptos, some new and some old. I still like DASH, DAOUSDT looks good, Kadena looks great. I hope to beat as much money out of these coins while the music is still playing and then hopefully get out before the financial market seizes up again. I think that if things go well for 2 years and my targets get reached before then should be able realize the gains before any catastrophe makes my funds unavailable. Last thing I want is my trades and equity be used to "bail in" the exchanges so they don't have to pay me out.
NASDAQ:NDXLong
by This_Guhy
50