NASDAQ 100 TRADE IDEANasdaq 100 ended the trading week on Friday with strong bearish candles after giving bullish candles at the open of the NY trade session and later retrace to the downside breaking the support zone. We should see more bearish move before the NY session today and later have strong bearish candle after price has taken resistance. Also the on going conflicts between two major countries should show a strong decline to stocks soon.
Indices
DOW JONES TRADE IDEADow Jones ended the trading week on Friday slightly bearish after giving strong bullish candles at the open of the NY trade session and later retrace to the downside. We should see more bearish move before the NY session today and later have strong bearish candle after price has taken resistance. Also the on going conflicts between two major countries should show a strong decline to stocks soon.
S&P 500 Daily Chart Analysis For Week of Oct 13, 2023Technical Analysis and Outlook:
The Spooz index price exceeded our previous Mean Resistance point of 4336 and closed at the location of a notable event. The recent downward trend suggests that the Mean Support level of 4294 may be reached, with a possibility of extending to the Mean Support of 4228 or even the next Inner Index Dip at 4150. If the index finds support at 4294, it may move up to the newly established Mean Resistance at 4378.
Is NASDAQ Ready to Rebound Ahead of the Fed?The situation with the US technology stocks index in the last session was indeed rather dull, with a 0.37% decline in closing. The beginning was neutral, and then the trend continued to weaken during the trades. Currently, for the Nasdaq 100, a decisive ascent is anticipated, with a target set at 15,292.4. In case of a temporary correction, the nearest target is expected at 15,024.5. However, expectations are oriented towards a further increase up to the maximum level of 15,560.3.
In the current context, the price is within a demand zone ranging from 15,250 to 15,300. This zone is of particular interest to assess possible operational scenarios, especially for those seeking long continuation opportunities and potential entry patterns into the market. US economic data today will certainly be interesting and could influence market dynamics.
Greetings from Nicola, CEO of Forex48 Trading Academy. Feel free to comment and leave a like if you found this analysis helpful.
US30 D1 - Short SignalUS30 D1
Big daily timeframe again here, you can see how much US30 has given back off the back of the dollar correction. That being said, we blitzed through 33600 resistance with no issues, the next area of correction/pivot may lay around 34000 whole number.
A nice area of D1 resistance and supply, 34000 whole number, and a solid 6R measure to see a 50% correction, from swing low to swing high.
NAS100 SHORT TRADE IDEA, NOW THE TIME TO JUMP TO LOWER TIMEFRAMEHello Traders, i Already done the Full Analysis on the FX:NAS100 and it played perfectly now we all know what gonna happen it the time for the :
- DISTRIBUTION, exactly what that means it means a big move so we have to find our Entry to do so we have to jump on LOWER timeframe LIKE 15MIN or 1H and Enter, this is just the UPDATE for the ANalysis if you want me to do a lower timeframe Setup entry let me know on the comment section!
Is a Nasdaq Pullback Coming?Excellent performance of the US technology index, with an increase of 1.70%. The day started weak, opening at 14,622.2 points, surpassing the previous session's lows. Throughout the day, the quotes strengthened, closing at 14,973.2, near the session highs. In the medium term, the Nasdaq 100 shows a negative trend. In the short term, there is the possibility of a slight upward movement, encountering resistance in the first area at 15,109.1. The first support is identified at 14,701.5. If positive signals occur, further growth is likely with a target at 15,516.7. I look forward to your feedback. Best regards, Nicola, CEO of Forex48 Trading Academy.
NASDAQ Potential UpsidesHey Traders, in today's trading session we are monitoring NAS100 for a buying opportunity around 14750 zone, NASDAQ was trading in a downtrend and successfully managed to break it out. currently is in a consolidating phase in which it is approaching the retrace area at 14750 support and resistance zone.
Trade safe, Joe.
US30 Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NIFTY INTRADAY LEVELS FOR 09/10/2023BUY ABOVE - 19680
SL - 19640
TARGETS - 19730,19770,19850
SELL BELOW - 19640
SL - 19680
TARGETS - 19590,19530,19490
NO TRADE ZONE - 19640 to 19680
Previous Day High - 19580
Previous Day Low - 19590
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Dowjones Potential UpsidesHey Traders, in the coming week we are monitoring US30 for a buying opportunity around 33200 zone, US30 was trading in a downtrend and successfully managed to break it out. currently is in a correction phase in which it is approaching the retrace area at 33200 support and resistance area.
Trade safe, Joe.
S&P 500 Daily Chart Analysis For Week of Oct 6, 2023Technical Analysis and Outlook:
The index's downward trend this week kicked on the seat of the pants of our projected target, Inner Index Dip 4212, repeatedly. Mean Res 4340 and even extend to Mean Res 4400 on the radar for the upcoming week's trading action; however, reignited Pivotal Down Move from Mean Res 4400 could weed out weak trading trawlers.
NIFTY INTRADAY LEVELS FOR 06/10/2023" SYMMETRICAL TRIANGLE PATTERN "
BUY ABOVE - 19460
SL - 19430
TARGETS - 19500,19560,19600
SELL BELOW - 19430
SL - 19460
TARGETS - 19380,19330,19260
NO TRADE ZONE - 19530 to 19570
Previous Day High - 19570
Previous Day Low - 19490
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANK NIFTY INTRADAY LEVELS FOR 06/10/2023BUY ABOVE - 44230
SL - 44170
TARGETS - 44310,44390,44550
SELL BELOW - 44120
SL - 44190
TARGETS - 44040,43960,43860
NO TRADE ZONE - 44120 to 44230
Previous Day High - 44390
Previous Day Low - 44120
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Nas100 Breakdown, Is The Bullish Trend Over ?Hello Traders , This is FX:NAS100 BreakDown on the HTF so the Summary of this is this we starting breaking down some Weekly Structure and we found a monthly FVG that gonna be filled is Aligned perfectly on SSL but before that we gonna see a kind of Manipulation before the distrubution to the downside so yeah the Bullish movement is over after the Manipulation happens!
DAX: Channel Down bottom buy to 15,500.DAX touched the bottom of the Channel Down today and immediately reacted positively. The 1D timeframe is bearish technically (RSI = 33.050, MACD = -53.850, ADX = 44.059) but the RSI double bottomed inside a Zone same way it did on the August 18th LL. We are long, aiming at a +3.73% rise (same as August) as so far the bearish legs at least have been symmetrical. We may see a 1D MA50 test there (TP = 15,500).
Prior idea:
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S&P500: Megaphone bottom buy.The S&P500 is technically oversold on the 1D timeframe (RSI = 32.251, MACD = -54.210, ADX = 44.088) but is gathering some bullish momentum on 4H (RSI = 41.446) as the price hit the 1D MA200 and bottom of the Megaphone to form a LL. In addition, it hit the 0.5 Fibonacci level from March's low. This has high chances of evolving into a technical LH rebound, especially with the 4H RSI on a Bullish Divergence. If it holds, we are long, targeting the 4H MA200 (TP = 4,375). If it fails, we will short, targeting the 0.618 Fibonacci level (TP = 4,115).
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Is NASDAQ ready to reverse?Decline for the US technology stocks index, closing the session sharply lower with a loss of 1.83% from previous values. The start was weak for the index, which began the day at 14,744 points above the previous session's bottom, only to worsen its performance throughout the meeting and end even lower at 14,565.6, the session's lowest level. The technical picture of the Nasdaq 100 signals an expansion of the negative trendline with a descent to the support seen at 14,475, while to the upside, it identifies the resistance area at 14,746.9. The forecasts suggest a possible further decline with the target set at 14,384.3. Key levels: Resistance at 15,020 and Support at 14,380. Furthermore, I note that the price is currently in a potential recovery, confirmed by the break of the previous swing low at the level of 14,810 and the creation of a new swing low at 14,650. Today, we will have the US ADP NFP and later ISM Service data. Finding potential entry points will be slightly challenging, considering potential volatility that could affect the market following the news release. My view is bullish, and I will seek an upward movement until the level of 15,000. Let me know what you think. Happy trading and greetings from Nicola, the CEO of Forex48 Trading Academy.