Tradingdaq | NAS100 Market Daily Technical AnalysisThe NAS100 CAPITALCOM:US100 price perfectly filled my last idea yesterday. If the price drops and a bearish candle closes below 21160, I will establish my target at 21040.
NDQUSD trade ideas
US100US 100 - Nasdaq Index
Bullish Channel as an Corrective Pattern in Short Time Frame
Break of Structure
RSI - Divergence
Order Block
Change of Characteristics
Demand Zone
NAS100 BUY 4 HOUR TIME FRAMESTRONG DEMAND ZONE
Price has to feel gap up above
Expecting a 2:1 Risk Reward Let's see:)
Potential bullish rise?USTEC has broken out of the pivot which acts as a pullback resistance and could rise to the 1st resistance which lines up with the 127.2% Fibonacci extension.
Pivot: 21,205.31
1st Support: 21,026.41
1st Resistance: 21,508.79
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CHART BREAKDOWN NASDAQ: Key Levels, Targets and Thoughts!Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing 1 essential supply zone: low-risk sell spanning from 20,893.00 to 20,909.00, respectively, is highlighted.
Things I Have Seen👀:
Important Demand Zone🟢: Identified between 20,893.00 and 20,909.00 serving as a low-risk sell.
Bearish Targets📉:
20,860.00: Possible retracement area.
20,840.00: Possible retracement area.
20,820.00: Possible retracement area.
20,800.00: Possible retracement area.
20,765.00: Significant supply zone.
20,628.50 : Liquidity area.
What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
NAS100USD: Bearish Opportunities from Fair Value PriceGreetings, Traders!
In today’s analysis, NAS100USD is exhibiting strong bearish momentum, confirmed by heavy volatility to the downside. Currently, price is retracing into the 50% Fibonacci retracement level, also known as the equilibrium or fair value.
Why Fair Value?
The equilibrium is a key zone where institutions favor initiating sell orders. This area is considered optimal as price transitions from discount to fair value, providing smart money an ideal level for market distribution.
Aligned with this fair value zone is a Fair Value Gap (FVG), where I will focus on confirmation entries for selling opportunities targeting downside liquidity.
Targets
First Target: 50% of the entire leg.
Second Target: Liquidity pool at the swing low.
If you have insights, analysis, or questions, feel free to share them in the comments. Let’s learn and grow together!
Happy Trading,
The_Architect
NAS100 morning technical analysisTechnical analysis for NAS100.
Very neat how this wedge defines price since 5 August low. Besides the proposed wave (5) up, it has framed and (therefore) provided both support and resistance for price.
The wedge will reach its apex soon, so one side or the other will have to prevail. Failure of price to tag median (red line) of pitchfork suggest return of price to 18297.4 at some point.
Critical Zones Ahead for NAS100!
Here is a detailed breakdown and trading plan for the NASDAQ 100 (NAS100) based on the provided chart analysis, using the same structured format for clarity.
NASDAQ 100 (NAS100) Market Breakdown & Trading Plan
1. Market Context and Structure
Phase and Current Movement:
Left Chart (1H):
NAS100 is in Wave 4 of a larger Elliott Wave sequence, moving within a corrective phase.
Wave 5 is expected to bring a final push higher before transitioning into a larger correction.
Price is showing a potential weakened Wave A, followed by a shallow corrective structure, suggesting upward movement toward a key resistance area near 20,771.9–21,045.3.
Right Chart (4H):
The current market is within a distribution phase (Phase C) after breaking above a Volume-Divergence by Wave 5 zone (22,061.9) on a previous attempt.
A strong rejection in the resistance zone is anticipated, followed by a markdown phase targeting lower support levels.
2. Expected Price Movement
Bullish Push (Wave 5 Completion)
Target Levels:
First target: 20,771.9 (Wave A peak resistance).
Primary target: 21,045.3 (Fibonacci 0.786 retracement and divergence level).
Stretch target: 21,247.5 (weakened high resistance on the daily chart).
Invalidation: Reversal below 20,500.0 before reaching 20,771.9 invalidates Wave 5 completion.
Correction and Markdown Phase:
Key Reversal Zone:
A strong rejection at 21,045.3–21,247.5 is expected to trigger the markdown phase.
Projected Downside Targets:
Short-term target: 20,647.3 (short-term support at key Fibonacci level).
Medium-term target: 20,408.1 (Wave B triangle boundary and critical support).
Extended downside: 20,309.1 (invalidates bullish structure; Phase C SC line).
3. Key Price Levels to Monitor
Bullish Resistance Zones:
20,771.9: Wave A high; primary resistance where rejection could occur.
21,045.3: 0.786 Fibonacci retracement; key resistance and divergence zone.
21,247.5: Stretch target; weakened high likely to attract liquidity before reversal.
Support Zones:
20,647.3: Fibonacci 0.5 retracement; potential bounce zone during markdown.
20,408.1: Triangle boundary (Wave B support) and critical level for bullish continuation.
20,309.1: SC accumulation level; loss here confirms bearish continuation.
4. Trading Plan
Scenario 1: Bullish Completion of Wave 5
Setup: Look for bullish continuation toward resistance levels if price holds above 20,647.3.
Entry:
Enter long positions on dips to 20,647.3 or 20,500.0 with clear bullish momentum.
Targets:
First target: 20,771.9.
Primary target: 21,045.3.
Stretch target: 21,247.5.
Invalidation: A failure to hold above 20,500.0 signals early markdown, invalidating this scenario.
Scenario 2: Correction After Wave 5 Completion
Setup: Look for rejection at the 21,045.3–21,247.5 resistance zone to confirm markdown.
Short Entry Criteria:
Rejection from the resistance zone with lower highs on lower timeframes.
Confirmation via bearish momentum and failure to break above resistance.
Targets:
Short-term target: 20,647.3.
Medium-term target: 20,408.1.
Extended target: 20,309.1.
Stop-Loss: Above 21,247.5 (upper resistance zone) to limit risk.
Scenario 3: Failure of Wave 5 Completion
Setup: If price fails to break 20,771.9 or reverses early:
Watch for signs of markdown with a breakdown below 20,500.0.
Short Setup:
Enter on confirmation of bearish breakdown below 20,500.0.
Targets:
Short-term target: 20,408.1.
Medium-term target: 20,309.1.
Invalidation: Reclaiming 20,771.9 invalidates bearish markdown bias.
5. Commentary for Your Audience
What to Expect This Week:
NAS100 is likely to push higher to test resistance at 20,771.9–21,045.3, potentially hitting the stretch target at 21,247.5.
A strong reversal is expected from these levels, leading to a markdown phase targeting lower support levels like 20,647.3, 20,408.1, and 20,309.1.
How to Trade:
For Long Traders:
Enter longs on dips to 20,647.3 or 20,500.0, targeting 21,045.3.
Be cautious near resistance; take profits and prepare for a reversal.
For Short Traders:
Look for bearish rejection signals near 21,045.3–21,247.5 and enter shorts.
Target the markdown phase toward 20,408.1 or deeper.
Risk Management:
Stop-Loss:
For longs, place stops below 20,500.0.
For shorts, place stops above 21,247.5.
Position Sizing: Adjust leverage for high volatility near key levels.
Discipline: Avoid over-trading and wait for clear confirmation of setups.
NDX : TradingAre you the type to act or react?
I am the type who reacts when it comes to trading FX. I prefer to wait for the price to come to me.
A moment ago, I shared about DJI. As we can see, stocks are now at a record, perhaps due for a correction.
Of course, many think that it can go HIGHER. This is a free world. Anyone can think what they like.
Why am I talking about STOCKS all of a sudden? Well, I can SELL and hopefully make some money.
Or, what do you think will happen to the $ if there is a sudden fall in STOCKS - EURUSD :-)
Good luck to all of us :-)
Nasdaq trading insights: 26-Nov-2024Nasdaq trading insights: Not signals, but informative zones to aid your decision-making. Please note: These zones are not trading advice. Use them as a starting point for your own analysis.
Tradingdaq | NAS100 Market Daily Technical AnalysisStock exchanges were closed last Thursday, reopening for a half-day on Friday, all in a celebratory spirit following Thanksgiving. The stock indexes wrapped up the week and month on a strong positive note, buoyed by the optimism surrounding Trump’s presidency. The Nasdaq surged 0.8% in the shortened session, sealing the week and month with a 1.1% gain, and it achieved an impressive 6.2% growth for the entire month of November. This marks the index's best month since May. With three out of the last four months ending on a high note, the Nasdaq has soared 28% since the start of the year. If the price increases and a bullish candle closes above 20870, my target will be 21040.
NSDQ short after NY OPEN fakeAfter identifying the Judas swing in accordance with the RSMLT concept, the following analysis leads to a short trade scenario with a target of 100 pips.
This setup exemplifies the RSMLT strategy in action, adhering to the predefined rules and utilizing its unique Fibonacci zones and manipulation-based approach.
USNAS100 / Key Levels Amid Geopolitical UncertaintyTechnically:
Geopolitics Weighs on Wall Street Pre-Bell; Asia Mixed, Europe Up
Bearish scenario: Stability under 20750 will be bearish toward 20660 and 20550
Bullish scenario: If break 20860 by closing 1h or 4h candle above it will be bullish to 20990
Key Levels:
Pivot Point: 20750
Resistance Levels: 20860, 20990, 21080
Support Levels: 20550, 20330, 20150
Be patient till 20211As it looks now we need a big correction on indices. The most important level - "point of control" is actually around 20211-20250. This is the ideal entry point to re-buy Nas. BUT, DO NOT ENTER BLINDLY on the entry line. Wait for a retest. Today is Friday, so TP phase can send price very deep. When-if entry conditions are met, I will update this trade. Wish you good luck.
P.S.: I´m not a signal service, do not selling anything to anybody. If you want to push sell-buy button without any responsibility for your trade, please contact one of the signalists who will comment this idea later on. If you want to learn, discuss, you know what to do.
NAS100 SELL 30 MINUTE TIME FRAMESTRONG SUPPLY ZONE
Price has to feel the gap below.
Expecting a 2:5 reward, Let's see!
MAG7 breaks to new highs with the NAS100 outperforming The reaction in markets is what interests the most, and on the day, despite US Treasuries finding form, we’ve seen broad USD strength, the S&P500 has pushed to its 55th new all-time high in 2024, while gold and crude are largely unchanged. We also see sizeable dispersions in the daily returns in the crypto space, with XRP and Chainlink arguable the standout plays, with 23% and 41% gains respectively on the day.
In the volatility (vol) space, we see the VIX trading lower at 13.5% - the lowest level since July and at levels more aligned with S&P500 20-day realised vol. Equity hedges have been unwound, which speaks to a market confident of a grind higher into year-end. Another way to visualise the subdued equity vol is in the daily high-low trading ranges, and on the day the S&P500 has tracked a meagre 18-handle range – one of the lowest high-low ranges of the year, and well below the 5-day average of 34-handles.
Removing downside hedges makes sense given the largest drawdown in the S&P500 in Q4 has been 3.1%, and hedges cost money and subtract from performance if equity is moving higher. On the day we’ve seen a solid bid in comms services names (Meta & Alphabet), tech and consumer discretionary – said another way, the MAG7 index (+1.9%) has broken out to a new ATH, with all 7 MAG7 constituents rising on the day. Microsoft and Meta would be my picks that lead us higher from here, with MSFT filling the gap from the 31 Oct, where a break of $432.23 would suggest a continuation rally into $440.
Naturally, when tech and the big discretionary plays are firing up, it’s the NAS100 which has outperformed, and we see NAS100 futures 120p from testing the former ATH at 21,340.
We’ve seen solid moves in European equity too, and notably in the German DAX which is in beast mode and doing everything right technically – happy to hold longs here until the index has a daily close below the 5-day EMA.
French equity is the exception, with the CAC40 closing unchanged, which is quite a solid result given the brewing political angst. Certainly, we’ve seen the political risk expressed in the EUR, which is lower on the day against all G10 currencies, and notably vs the JPY and USD. We can add negative revisions to the French and German manufacturing PMIs, which make for sobering viewing, and the upshot has been broad EUR selling.
EURUSD hit a low of 1.0461 before the buyers stepped in – we can attribute a degree of the move lower to an improved US ISM manufacturing report (at 48.4 vs 47.5 eyed), although we did see some modest USD selling late in the session as Fed gov Waller signalled that he is leaning on a December rate cut and that rates are still “some distance from neutral”. US interest rate swaps now price at 79% chance the Fed cut by 25bp on 18 Dec.
Equity and bond vol may be headed lower, but FX vol is alive and well with EURUSD 1-month implied vol at 8.66% and the 92nd percentile of the 12-month range. Buying EUR vol certainly made sense given the uncertainty of the ECBs (and the Fed’s) next move and the French political risk premium. CAD vols also screen well, with options traders seeing increased movement in USDCAD and AUDCAD.
On the subject of movement, we can always find it in the crypto markets, and while Bitcoin (-2.5%) and Ethereum (-2.7%) take a backseat, it’s XRP that’s getting the lion’s share of trader attention with its punchy 23% rally on the day. The daily chart looks ridiculous and highlights the explosive 450% gain seen since the US election. XRP Volumes are tracking north of SEED_TVCODER77_ETHBTCDATA:5B on the day, which is higher than what’s traded on BTC, with the gains taking its market cap to $134b – the third biggest coin in the crypto sphere.
Grossly overbought, and with a 10-day volatility of 150%, chasing XRP upside from here comes with significant risk and the fact I’m focused on it suggests we’ve likely hit peak sentiment – but as know what is overbought can stay overbought for some time.
Looking ahead, we see a largely positive open for Asia with the ASX200 set to outperform with the index set to open nicely above 8500 and to new highs. Event risk in the session ahead comes in on the light side, with Swiss CPI and US Job openings (JOLTS) the key events on the radar.
NAS100 - Nasdaq will welcome Santa Rally?!The index is above the EMA200 and EMA50 in the 4H timeframe and is trading in its ascending channel. In case of a valid failure of the bottom of the ascending channel, you can look for positions to sell Nasdaq to the 20500 target. Nasdaq buying positions will be after breaking the resistance and maintaining the ascending channel.
Following the extended Thanksgiving weekend, financial markets had an opportunity to process a wide array of data and developments. Donald Trump’s victory in the U.S. presidential election earlier this month boosted the markets, as investors anticipated that his promises to cut taxes and ease regulations would enhance corporate profitability. However, Trump’s proposals to impose tariffs on key trading partners were largely overlooked by stock market traders, although certain sectors, such as the automotive industry, experienced adverse effects.
Susannah Streeter, Head of Money Markets at Hargreaves Lansdown, stated, “There is still considerable volatility, and I think this stems from the belief that the potentially damaging impact of Trump’s tariffs may not materialize.”
For equity investors, 2024 has been unexpectedly favorable, with the S&P 500 on track for one of its best annual performances in history. Both the S&P 500 and Nasdaq 100 have risen by more than 20%, while Nvidia’s stock has tripled in value.
The ISM Manufacturing Purchasing Managers’ Index (PMI) last month dropped to its lowest level in a year and has indicated contraction for nearly two consecutive years. Despite the discouraging outlook it provides for the manufacturing sector, optimism remains regarding future economic activity, especially with the beginning of an easing cycle and the continued reduction in interest rates and borrowing costs.
In contrast, the ISM Services Index for October reached 56.0, marking the strongest growth since the summer of 2022 Within this index, the employment component rose by nearly five points to 53.0. Steady consumer demand has been a key driver supporting the services sector. This week, the release of ISM Services PMI data will be closely monitored to determine whether persistent consumer demand and favorable labor market conditions can further stabilize and sustain growth in this sector.
Additionally, the impacts of hurricanes Helen and Milton, along with widespread strikes, led to a modest increase of just 12,000 jobs in the Non-Farm Payroll (NFP) report for October. This report was cautiously interpreted as a clear sign of gradual cooling and weakening in the labor market.
Beyond the NFP data, other indicators such as the unemployment rate, labor force participation rate, and average hourly earnings will also be critical. Together, these data points could guide the Federal Reserve’s decision on a potential interest rate cut in December. While the labor market remains relatively stable, evident signs of gradual declines in employment and wage growth are becoming increasingly apparent.
Nas100 nas is still in our sell area. we got about 900 pips the first time it dropped. will price continue the sell flow or finally push up to break the current resistance area above. I am still leaning towards the sell because of the most recent choch.
Us 100 resultUS 100 result, target reached, new all-time high, 1/2.8 RR. (I’m still bullish this month)
US100 Poised for a Surge: EW 2.0 Predicts a Move to 22420 Soon.According to Elliott Wave 2.0 analysis, the index could reach 22,420 by the end of the year, driven by several key factors.
Elliott Wave 2.0 Insights
The Elliott Wave 2.0 approach refines traditional wave theory, offering deeper insights into market behaviors. Current patterns suggest one last significant upward move, with the potential to push the US100 to unprecedented heights.
Factors Influencing the Surge
Political Climate: Election years often bring volatility, but also opportunities. Depending on policy expectations, markets may react positively to anticipated economic measures.
Tech Sector Growth: The US100 is heavily influenced by technology stocks. Continued innovation and strong earnings reports provide a solid foundation for further gains.
While my forecast is optimistic, traders should remain mindful of potential risks specially
geopolitical tensions or economic disruptions could alter the expected trajectory.
Market Analysis for NAS100USD: Bullish Outlook
Technical Perspective
1. Trendline Support:
• The chart shows NAS100USD bouncing off a key ascending trendline support (marked in red). This signifies strong buying interest at this level, maintaining the uptrend structure.
• The bounce coincides with a horizontal support zone near 20,725, adding further strength to this level.
2. Stochastic Indicators:
• The Stochastic Divergence and other oscillators appear to be recovering from oversold levels, suggesting that selling pressure is waning and a bullish reversal could be forming.
• These indicators align with potential upward momentum if buyers step in at this critical juncture.
3. Chart Patterns:
• A higher low structure remains intact, supporting continued bullish sentiment.
• If the price moves above 20,800, it may break through to test the next resistance near 21,000-21,200, the previous high.
Macro and Fundamental Factors
1. Earnings and Economic Data:
• As per the Forex Factory Calendar and other resources:
• Any positive economic data today (e.g., GDP revisions or labor market data) could boost tech-heavy indices like NAS100USD.
• Investors are likely positioning ahead of potential positive earnings surprises or data releases.
2. Sector Strength:
• Tech companies, heavily represented in NAS100, benefit from stabilizing Treasury yields or dovish Fed sentiment.
• If bond yields remain steady or decline, growth stocks within NAS100USD could see inflows.
3. Risk Sentiment:
• Broader market sentiment today is tilting toward risk-on behavior, as evidenced by positive global equities.
• A continued reduction in geopolitical tensions or other market risks could further favor upward movement.
Key Levels to Watch
• Immediate Resistance: 20,800-21,000. A break above this zone could see a quick move toward 21,200.
• Key Support: 20,700. If this level holds, it strengthens the case for a bullish continuation.
• Target Zone: 21,200+ if resistance is broken.
Conclusion:
With the trendline support intact, oversold indicators turning upward, and a potential risk-on macro environment, NAS100USD is poised for a rebound. As long as the 20,700-20,725 zone holds, we expect a move upward toward 21,000-21,200 in the near term. This bullish outlook is contingent on no major surprises from economic data releases or unexpected market shocks.
Nasdaq market analysis: 02-Dec-2024Happy New month Traders. Let’s dive into today's Nasdaq market analysis. Share insights, and potentially spot opportunities for good pips.
