SELL US100!The US100 is at a major resistance level, accompanied by bearish divergence, signaling a potential downside movement. A sell opportunity could be confirmed with a breakout below the most recent higher low.
NDQ100 trade ideas
NASDAQ rally until the end of the year supported by the 1dayMA50Nasdaq has held the 1day MA50 after the Fed cut last week and is extending the rally.
The long term pattern has been upward since the 2022 bottom supported by the 1day MA200, which is the best buy entry long term when touched.
The 1week MACD is about to form a Bullish Cross, which is formed after every bottom these past two years.
The main rallies during that time have been more than +30%.
Our target for the end of the year, as long as the 1day MA50 supports of course, is 22500.
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US100 (NDQ): Trend in 2H time frameThe color levels are very accurate levels of support and resistance in different time frames, and we have to wait for their reaction in these areas.
If the NDQ chart does not react to close levels, this analysis will be invalid.
So, Please pay special attention to the very accurate trend, colored levels, and you must know that SETUP is very sensitive.
BEST,
MT
NAS100USD: Bullish Momentum with Focus on FVG Targets!Greetings Traders!
Brief Description🖊️:
Currently, NAS100USD is displaying a bullish delivery in structure, with institutional order flow entirely bullish. It's crucial to align with the market trend by identifying price action confluences that present buying opportunities. The H1 structure is supporting a daily Balanced Price Range (BPR), where the market has efficiently delivered price. Given this, I anticipate further bullish movement as price seeks to fill inefficiencies like Fair Value Gaps (FVGs) and Liquidity Voids.
Things I Have Seen👀:
Bullish Institutional Order Flow📈 : The market is delivering bullish price action, supported by H1 structure.
H1 Buystops Taken✅ : Price has cleared H1 buystops and drawn into an H1 FVG, where I am looking for confirmation entries for a potential continuation upwards.
Bullish Targets🎯:
H1 Bearish Order Block (20,355.7): This is the initial upside target, representing the last efficiently delivered price action.
FVGs Above: After reaching the H1 bearish order block, I expect price to fill the inefficient price action (FVGs) left above this zone.
What's Important Now❗
Monitor the H1 FVG for confirmation entries and align with the overall bullish structure, as price is likely to continue its upward trajectory toward filling inefficiencies in the market.
Best Regards,
The_Architect
Recap of my NAS trade today, FOH continuationNAS printing a nice FOH in LON, with the continuation trade into the ID setup from friday for NY
US100US100 is in reversal zone
Bearish divergence also shown in RSI.
Rising wedge reversal pattern also form..
We wait and watch for the breakout of wedge pattern.
Nasdaq in correction or change of trend?Considering the resistance in the range of 19990, after breaking this range, we can expect that the range of 20208 and 20417 will continue to rise. Otherwise, after breaking the support range of 19832, it can fall to the range of 19612.
NASDAQ - UniverseMetta - Analysis#NASDAQ - UniverseMetta - Analysis
Formation of a triangular structure in continuation of the upward movement, you can also observe the fixation of the price behind the trend line. in the ratio of this figure, you can consider the price movement to the levels of 26550, with a small stop on the idea of 1:4. Local level, updating the maximum.
Target: 20787 - 26550
NAS 100 USD- NQPerfect entry for NQ is when price retests the Buy zone with confirmation.
Any acceptance below zone, would turn to down move.
Disclaimer ,
This is not a financial advice or any sort of that, this is purely for informational purposes only and is not intended to be personal financial advice.
Trading involves substantial risk of loss and is not suitable for every one.
SELL ON NASDAQAs you can notice on the chart, the price has reached a high LQ level in which you can sell in a safe position.
Set you EN, TP and SL ans on the chart!
Follow for more.
NAS100 - wait for NAS PULL BACK CONFIRM THE SHORTTeam,, wait for the NAS100 pull-back confirm at 19905-19898, then jump on board
target 1 at 19859
Once it reaches first target, the trail stop loss to 19915
target 2 at 19831
target 3 at 19773
mid week Analyses: Correction Before the Highs
Welcome Traders,
Last week NAS100 gave a bullish rally on Thursday Sep 19 following the announcement of the Fed Reserve interest rate cuts. Since then, price has been consolidating. Monday and Tuesday are notoriously known for low volume and consolidation therefore I have not taken any trades.
My directional bias for the week is bearish to signal HL on the bigger timeframes for the following reasons:
1. Since price signalled a Daily HL at 18,315.4 on August 4th, price has been very bullish only signalling a 4H HL once on Monday Sep 16th which respected a 23.6% fib level.
2. Price is currently within a strong area of resistance highlighted by the red zone where price previously retraced.
3. Price is currently at the 78.6% fib level of retracement on the weekly chart.
Since my bias is bearish, I am looking for to see wether price action will respect the retracement zone that I have highlighted in blue. It is common for price to have a bullish liquidity grab to sweep out the current highs at NYSE open taking out any early sellers.
If NYSE opens on Tuesday or Wednesday with a push to the upside, this push can serve as a key entry point for a sell position to take out the lows and restest a previous support.
I anticipate the liquidity sweep to the upside to retest a previous resistance at 20,059.6 before entering sell position with a TP of 19,434.8 at the 78.6% key fib correctional level.
If price does not sell, then price will breakout of the weekly consolidation range maintaining its bullish strength by signalling a series of HLs on the 1H - 2H TFs to continue to ATHs.
Nasdaq Thoughts 24-Sept-2024GOOD MORNING Everyone! Please find my Nasdaq market analysis for today below. As a price action trader, I encourage you to compare my charts with yours and use my insights to enhance your skills. These videos are designed for educational purposes only, not as trading signals. My goal is to help you grow and become a proficient trader.
NAS100USD / TRADING BELOW 19,954 - 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
The text indicates a decline in July by 16.62%, followed by a recovery in August with a 15.64% increase. This suggests a reversal or correction phase from the previous decline.
Prices are trading below the key level of 19,954. This level is pivotal, as it serves as a reference point for determining future price movements.
Technical Analysis:
If prices remain below 19,954, the analysis predicts a potential decline of up to 8.29%, with support levels at 19,187, 18,688, and 18,317.
A break above 19,954 could signal a trend reversal, with potential resistance levels at 20,194 and 20,714.
UPWARD TARGET : 20,194 , 20,714.
DOWNWARD TARGET : 19,187 , 18,688 , 18,317.
NASDAQ Bullish ContinuationNASDAQ price is facing a credible resistance zone. If the price action is able to print a convincing Higher High, it may be a signal towards a proper Bullish continuation breakout and a potential new ALL TIME HIGH may become more likely.
After the Bulls surf the potential wave, a probable opportunity may arise for the Bears in the form of a probable Harmonic reversal from key Fibonacci Harmonic price levels along with potential further confluence from key Fibonacci Projection levels.
Till then, opportunity may be seized by the Bulls.
Trade Plan:
Entry @ 20120
Stop Loss @ 19560
TP1 @ 20680
TP2 @ 21240
TP3 @ 21800
No. of Trades: 3
Move SL to Break Even if TP1 hits.
ICT BEARISH ON NAS100 PREDICTONTesting out ict and fvg as well as liquidity sweeps, I am predicting nas to drop due to it being a strong liquidity area , as well heavy news tomorrow so lets see what happens
Nasdaq Potential Buys In The PM sessionPOI
Has overlappinginterest (Liquidity just above +VI)
This creates an area that can support price quite well if price tags in Additional confirmations would be smt divergence with NASDAQ:EQ
Nasdaq continues to rise?It can be expected that after breaking the range of 19891, it will continue to climb up to the range of 20208 Otherwise, return to the support range of 19600 and after the failure of the support, wait for the drop to the range of 19275 and 19089.
Bearish Trade Idea NQ ShortWhat I would to see NQ do next. Seems to be Clear Indication we could turn over here.
NASDAQ gave the best longterm bullish signal. Is 25300 possible?Nasdaq (NDX) confirmed the bounce on the 1D MA200 (orange trend-line) as argued on our previous analysis (September 09) and the rebound made the ultimate bullish break-out last week, as it crossed above the Lower Highs trend-line of the July 11 All Time High (ATH), giving us the most consistent long-term buy signal on a 2-year basis.
As you can see on this chart that goes as back as October 2022 and the bottom of the Inflation Crisis Bear Cycle, the two times that Nasdaq broke above such Lower Highs trend-line, while being above the 1D MA200, it gave the best buy signal possible, with both rallies peaking after a +49% and +48% rise respectively.
The Sine Waves have also confirmed early this month that the index bottomed and now we have the ultimate bullish break-out confirmation. The longer the 1D MA50 (blue trend-line) holds the better, but even if it breaks (April 2024), we still expect that we are on a similar Bullish Leg that should top in roughly the same way (+47% i.e. one percent less than the previous).
This gives us a long-term Target of 25300 for March - April 2025. We have plotted the Bullish Legs of 2023 and 2024 and as you can see, even though they diverge at times, they always converge again, forming a rough Channel Up, which can be a representation of our estimate course.
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Analysis of NASDAQ 100 (H1) - Technical Breakdown (Sep 23 2024)1. Wyckoff Accumulation & Distribution Phases:
This chart heavily applies Wyckoff's methodology, which is built on the phases of market accumulation and distribution. The schematic is drawn to reflect the following phases:
Phase A marks the preliminary support (PSY) and automatic rally (AR), where initial buying pressure emerges after a prolonged downtrend, indicating early signs of accumulation.
Phase B represents a secondary test (ST) and an upward thrust (UT) within the trading range. This phase signals the testing of supply and the building of a cause for future price movement.
Phase C typically includes a "spring" or test of support, but this chart appears to be leaning towards a distribution pattern as the price tests the upper boundary.
We can observe signs of a Sign of Weakness (SOW) in Phase B, suggesting a potential shift from accumulation to distribution, as supply overwhelms demand at higher price levels.
2. Elliott Wave Count:
The Elliott Wave theory, which describes price movements in predictable wave patterns, is applied to the broader structure. The chart indicates the presence of a five-wave impulsive pattern (labeled 1-5):
Wave 1 seems to have completed near the automatic rally (AR).
Wave 2 traces back towards the end of the rally, with Wave 3 extending beyond the buying climax (BC).
The final wave (Wave 5) culminates with an upward thrust (UT) in Phase B, which could signal the completion of the current cycle, leading to a bearish correction or retracement.
3. Harmonic Patterns:
There is a clear integration of harmonic patterns within this chart, which is often used to predict potential reversal zones based on Fibonacci ratios. The highlighted zone with Fibonacci extensions (0.618, 1.236) suggests a potential area for a retracement:
The butterfly harmonic pattern outlined between Phase A and Phase B suggests that after the buying climax (BC), the price is primed for a pullback as it approaches key Fibonacci resistance levels.
The Bearish Bat pattern shows convergence near the upper resistance level (around 19,900-20,120), which corresponds with the end of Wave 5 in the Elliott Wave structure.
4. Fibonacci Levels and Retracements:
Key Fibonacci retracement levels have been plotted, notably the 0.618 and 1.236 extensions. These levels serve as potential resistance or support zones in the chart.
The price action initially retraced to the 0.618 Fibonacci level (around 19,567), marking a key level for potential support.
If the 1.236 extension level (19,576) holds as resistance, it could validate the bearish scenario suggested by the Wyckoff distribution and harmonic pattern convergence.
5. Volume and Price Momentum:
Though the volume is not displayed, the POC (Point of Control) is marked, which represents the price level where the highest volume of trading occurs within the given period. It aligns with a strong support zone at around 19,567.
RSI Indicator (represented by the red line below the price chart) appears to show weakening momentum, particularly in Phase B, further supporting the potential for a downward move as the price begins to test upper resistance levels.
6. ICT (Inner Circle Trader) Model Reference:
There is a reference to ICT’s Classic Weekly Profile. This model suggests a predictable weekly price structure where Monday typically creates a low or high for the week, followed by a mid-week reversal.
The chart points to a possible reversal towards the middle of the week, supported by the Wyckoff distribution and harmonic setups.
7. Key Resistance and Support Zones:
Several key levels are highlighted:
Upper Resistance (19,962.5 - 20,120): These zones, indicated by the buying climax (BC) and upper thrust (UT), are likely to serve as strong resistance as the price begins to retrace.
Support Zones: The area near 19,567 (0.618 retracement) and 19,490 marks a significant support zone, where demand could potentially re-enter if prices pull back sharply.
8. Wave Invalidation Points:
The chart includes an invalidating point for Wave 4. If the price breaches this level, the current wave structure would be invalidated, and a deeper correction might be expected. The potential invalidation could occur near 19,322, signaling a breakdown in the bullish impulse wave count.
Conclusion:
In summary, this NASDAQ 100 chart reflects a complex but highly informative mix of Wyckoff Distribution, Elliott Wave Theory, and Harmonic Patterns with Fibonacci retracements. The ongoing phase seems to indicate a transition towards a bearish correction, particularly as prices approach major resistance zones around 19,900 to 20,120. Traders should monitor key support levels near 19,567 and below, as a breach of these levels would likely trigger deeper corrective moves in line with the Wyckoff and Elliott Wave structures.
