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NASDAQ 100 E-MINI FUTURES

NASDAQ Bearish Divergence NASDAQ led the current bullish rally. NASDAQ appears to be leading the bearish divergence in this stall aka consolidation. Despite yesterday's candle appearing somewhat bullish with a long lower tail, there is a clear and present bearish divergence in BOTH the MACD and VolDiv; and both crossed under their lagging MA lines respectively. The Orange box is the consolidation range and the yellow box is the range that the NASDAQ should not be closing the day in. If it does, there is a higher probability to break down out of the orange box, into the red. And again if it closes in the red box area, the indicators should be bearish looking enough to tell that one must watch the breakdown support level next. Should be happening over the next couple of days. Now, IF there is a news related spike, it must spike above and close outside of the orange consolidation box, and then remain above the box... for the last attempt to the upside target. Heads up! Appears that we will see an increase of volatility to either side soon... 80:20 down:up IMHO
CME_MINI:NQ1!
by Auguraltrader
1
NASDAQ Correction for few days then buy the dipNasdaq (NDX) has gone a long way since we called for a rebound on the 1D MA200: The recent rally within this Channel Up pattern that started in December (its second Bullish Wave), came to an end after it broke the Inner Higher Lows trend-line in similar fashion as the first wave did on February 17. That pulled-back to the 0.5 Fibonacci retracement level before rebounding to a Higher High. The current 0.5 Fib is on 12460, a little under the March 28 Low and the 1D MA50 (blue trend-line), which has been basically supporting since mid-January. If the RSI bounces off its Higher Lows trend-line, then the bottom may come earlier. In any case, we will buy this pull-back and target 13400, a potential contact with the 1W MA100 (red trend-line), which rejected the August 16 High. The best level to buy during this run is on the Higher Lows trend-line of the RSI. A similar Higher Lows trend-line during the January bullish leg (note that both sequences started on a Double Bottom), gave 5 clear buy entries. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
U
by TradingShot
1
NASDAQ 100 Futures update on 4/111. The price hasn't taken out the prior high (level X) at 13740 on a larger picture. So, technically, CME_MINI:NQ1! is still in a downtrend. 2. However, it's clear to see that the market is forming an up trend on the bottom now (higher high and higher low). 3. We can do a 100% symmetry projection of the prior swing from A to B, projected from C. --> The short-term target price will be the level of D. And do notice the big prior high (level X) could be a possible strong resistance. 4. What makes this up-trend "N" swing constructive? --> The level of 0.5 retracements from A to B is very close to the level of C, making a symmetry here. --> There is a "resistance turned support" on the level of B. 5. What if the price comes below the level of B? --> The price is likely to go sideway. It's better to wait for a more and clear signal to enter a trade. **Not Financial Advice** The information contained in this article is not intended as, and should not be understood as financial advice. You should take independent financial advice from a professional who is aware of the facts and circumstances of your individual situation.
CME_MINI:NQ1!Long
by stock_adelie
NASDAQ to see a temporary move lower?NASDAQ - 24h expiry - We look to Buy at 12892 (stop at 12822) Posted Mixed Daily results for the last 6 days. Bespoke support is located at 12892. A move to 13153 will form an intraday bearish Gartley pattern. Preferred trade is to buy on dips. Dip buying offers good risk/reward. Our profit targets will be 13153 and 13235 Resistance: 13100 / 13153 / 13236 Support: 12892 / 12848 / 12650 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:NAS100USDLong
by OANDA
NQ UpdateLooks to me like it's headed to overbought again, possibly as soon as Monday. Appears to be strictly a tech pump today, MFI not rising for any of the other indices. Got in this morning but not adding any with the long weekend coming up. Actually bought QQQ for the first time in a long time because I couldn't figure out how they were gonna pump this. Plan to dump when it gets overbought which means I might not play the CPI release Wed. I'll take the easy money and run (hopefully, lol).
CME_MINI:NQ1!
by hungry_hippo
Nasdaq to find support at previous highs?NASDAQ - 24h expiry - We look to Buy at 12829 (stop at 12694) A Fibonacci confluence area is located at 13360. Continued downward momentum from 13238 resulted in the pair posting net daily losses yesterday. The move lower is mixed and volatile, common in corrective sequences. Bespoke support is located at 12829. Preferred trade is to buy on dips. Our profit targets will be 13159 and 13249 Resistance: 13238 / 13360 / 13734 Support: 12829 / 12649 / 12483 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:NAS100USDLong
by OANDA
NDX/NQ/MNQ Pre-Market and Week OutlookAs we sit right now it looks like the NDX might gap on the open. I'll be live trading streaming this week so tune into that, also update idea as week unfolds. If we start on the upside the zone what we're watching is the August 2022 4D key level at 13,639. A reach for the market would be the 4D extreme zone between 13,900 and 14,100 or so. On the downside we see the obvious day momentum checks and bias checks as well as key levels and gaps. One key area is the significant high anchored vwap at 12,918, if that gets tested and holds anticipate the highs will be breached. Below that around 12,500 to 12,000 is the four day reaction zone which aligns with key reaction zones on the daily. Should be obvious how to trade this week with these key reaction zones identified. wait for confirmation and trade for the RD 4-chart patterns.
NASDAQ:NDX
by RexDogActual
NASDAQ: Short term buy opportunity.Nasdaq turned the 4H timeframe neutral (RSI = 45.569, MACD = 13.770, ADX = 42.721) as it hit the bottom of the Channel Up pattern, just under the 4H MA50. Given that the 4H RSI also hits its HL trendline, that becomes a strong buy opportunity on the short term. There is also a HH trendline involved that has formed a Rising Wedge, so we set our Target on it and not based on the Channel Up (TP = 13,430). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
ULong
by InvestingScope