NASDAQHave drew the chart for NASDAQ couple of weeks back only. Looks like it is following the pattern I drew.Let's see what is the future like.
NAS100 trade ideas
NASDAQ London session
This is a place where you can identify the possible movement in mentioned session. Entry activated only when a candle closes above or below the drawn level, And the next candle creates a wick down(for up movement) or up(for down movement) and breaks the candle high or low.
When entry is activated SL will be below or above the 30 minute candle.
NASDAQ 100 Recession Price Analysis (Inverted Chart)- US100 is currently trading at 18,309
- We saw massive sell-offs last week in the US100 and other indices too
- It's approaching crucial areas and if it doesn't respect that and if we continue to see these expansionary candles towards the downside don't expect NASDAQ to pump anytime soon every pump is going to be a sell on rise
- However, before the CPI this can be a market reaction too and we can draw two conclusions from it
1) World Indices especially US Indices are factoring in bad CPI or a CPI above estimates
2) The CPI publication will be below the estimates so post that only we will see a bounce back the after 18th Sep that happens to be the FOMC rate decison
Nasdaq-100- Intraday Levels - 4th Sept 2024Important level for Bearish side is around 18800 and for bullish side is around 19250
Detailed levels marked on chart. kindly refer the same.
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Weekly Outlook of #EURUSD #DXY #GBPUSD #XAUUSD #US100Weekly Outlook of #EURUSD #DXY #GBPUSD #XAUUSD #US100
Weekly Outlook of #EURUSD #DXY #GBPUSD #XAUUSD #US100Weekly Outlook of #EURUSD #DXY #GBPUSD #XAUUSD #US100
Nasdaq Weekly Outlook: In-Depth Technical Analysis from Mr MarkeAs one of the leading global investment firms specializing in technical analysis for the US market, our mission is to deliver precise and actionable insights. This week, our focus is on the Nasdaq index, where we see potential for significant market moves as technical indicators signal a possible shift. Below, we provide a comprehensive analysis of key levels, patterns, and trading opportunities for the week starting Monday, August 26th, 2024.
Market Context
The Nasdaq index has shown remarkable resilience throughout the year, driven by strong earnings reports and macroeconomic stability. However, recent price action suggests that bullish momentum might be waning, with the market reaching a critical juncture.
In mid-July, the Nasdaq peaked at 20,690 (Point A), followed by a pullback to 19,463. The subsequent recovery attempt reached 19,720 (Point B), but the failure to surpass previous highs indicates a potential reversal in trend.
Key Technical Levels
Our analysis highlights the following precise levels that could define market direction:
Primary Resistance: 19,820 - 19,850
Secondary Resistance: 20,000 - 20,050
Primary Support: 19,600 - 19,620
Secondary Support: 19,463 - 19,480
These levels are crucial for understanding market behavior. A breach of support or resistance within these ranges will likely dictate the Nasdaq's next move.
Technical Patterns and Indicators
Double Top Formation: The peaks at Points A and B form a double top pattern, often associated with a trend reversal. This pattern becomes particularly significant if the market fails to hold above 19,600.
Bearish Divergence:
Our analysis identifies a bearish divergence on the Relative Strength Index (RSI), where the index's price made a lower high at Point B, despite the RSI indicating weakening momentum. This divergence is a strong signal of potential downside.
Volume Profile: There has been declining volume on recent upward moves, indicating that buying interest may be fading. This lack of strong buying pressure adds to the bearish sentiment.
Candlestick Analysis: The last few trading sessions have shown indecisive candlestick formations (e.g., doji and spinning top patterns) near resistance, suggesting market uncertainty. The absence of a strong bullish continuation pattern further supports the case for caution.
Projected Market Movement
Given the current technical setup, we foresee two primary scenarios unfolding in the coming week:
Bearish Scenario: If the Nasdaq fails to hold above 19,600 and breaks below 19,463, we anticipate a significant decline toward the 19,250 level. A further breach could open the door to a more profound correction, potentially targeting the 18,800 region.
Bullish Scenario
Conversely, if the index manages to break above 19,850 with sustained volume, the next resistance at 20,000 will be critical. A close above this level could reignite bullish momentum, targeting a retest of the 20,250 high.
Strategic Trade Recommendations
Based on the analysis, we recommend the following trades:
Short Position (High Probability):
Entry: Below 19,600 with confirmation from intraday price action.
Target 1: 19,463
Target 2: 19,250
Stop-Loss: 19,820 (just above resistance to minimize risk)
Long Position (Conditional):
Entry: On a clear break and close above 19,850, confirmed by volume.
Target 1: 20,000
Target 2: 20,250
Stop-Loss: 19,600
Range Trade (If the Market Consolidates):
Buy Near: 19,600 support with a tight stop below 19,463.
Sell Near: 19,820 resistance, with a stop just above 19,850.
These trades are designed to capitalize on the anticipated market movements while adhering to strict risk management protocols.
Final Thoughts
The Nasdaq is at a pivotal point, and the upcoming week could set the tone for the rest of Q3 2024. While the technical indicators point towards potential downside risk, traders should remain flexible and ready to adapt to evolving market conditions.
Nas100Nas100 I see bullish trend, I can get swing trade, if it comes on this demand then I will take the trade, but it is important to get LTF confirmation
NASDAQ Daily Charts shows 16% Upside in next 2-3 Months.NASDAQ Daily Charts shows 16% Upside in next 2-3 Months.
Based on Daily channel on NASDAQ we can expect it to outperform in next 2-3 Months.
Based on this we can Expect Indian IT Index to outperform in coming months.
IT stocks can see 10-15 % upside in coming 2-3 months.
Time to get in Quality Stocks - Infy / TCS / Wipro / HclTech.
Happy Investing.
Buy Trade Idea for NDX (NASDAQ-100 Index)Description
The NASDAQ-100 Index (NDX) represents 100 of the largest non-financial companies listed on the NASDAQ stock exchange, covering a wide range of sectors, including technology, healthcare, and consumer services. Key reasons to consider a buy trade for NDX include:
- **Technology Leadership:** The NDX is heavily weighted toward the technology sector, featuring industry giants that are at the forefront of innovation and digital transformation. This concentration provides exposure to companies with high growth potential.
- **Global Market Influence:** The companies within the NDX are globally recognized leaders, offering diversified exposure to international markets and trends that drive long-term growth.
- **Resilience and Stability:** The NDX has shown historical resilience, consistently rebounding from market downturns and delivering strong performance over time. This resilience makes it an attractive option for investors seeking both growth and stability.
- **Strong Earnings Performance:** Many companies in the NDX have demonstrated robust earnings growth, supported by strong fundamentals and solid balance sheets, which can contribute to the index’s overall upward trajectory.
Given these strong fundamentals, the NDX represents a promising buy opportunity for investors looking to benefit from the continued growth and innovation of leading global companies.
Disclaimer
Trading and investing in indices involve significant risk and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the value of investments can fluctuate widely.
Nasdaq buy given near 17750 huge profit running trail SL 150 ptsDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Nasdaq Date 14.08.2024
Nasdaq
Timeframe : Day chart
Remarks :
Nasdaq has reached at very critical junction where it meets 50ema & support/resistance trendline % 50% of fibonacci confluence. Now why it is important because performance of Nasdaq will have great impact on Nifty IT, which will drag or push our index overall.
Regards,
Ankur
NasdAQ 100 trend break outNasdAQ 100 trend break out which indiacete now upward movement in index . Next restiance and SL mentioned in Chart .
Might come down little bit for brakout retest
NASDAQ LongLong NASDAQ. Supports are very well followed by the market. Elections time(Volatility will be higher than usual)
Nasdaq100 Long Term Chart has a big divergence built upNasdaq100 Long Term Chart has a big divergence built up - will it visit the bottom of the channel. This maybe the once in a century correction if that happens.
NASDAQ - Possible moves [Wave Theory]I'm not an expert of wave theory but I have an inclination towards it. Wave theory is nothing short of brilliance!
NASDAQ seem to have completed its 5 waves and now following the ABC retracement wave.
NASDAQ:NDX should now move to its B wave and show some bounce. It should be followed by further downwards retracement during C wave. Trigger for C wave my be the FOMC meeting in Sept.
Let's see.
Disclaimer: I'm sharing my analysis. Wave theory is not my strong forte. Do your own research & analysis before taking any action.
Nasdaq Ustech 100 buy on dipcsl today low we will see new ATHDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
NDX - NASDAQ100 - At Support - 12% Discount - Good level to addNASDAQ:NDX is trading at 12% discount from the top. It is also at a major support level. It is a good level to aggregate more.
Ustech 100 buy given at 18750 sl 18600, 19000, 19210,19770 TargtDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
NDX Reversal starts from Monday itself 19500As per technical analysis. Since Indian market at #ATH MONDAY a big reversal rally will start and it will continue till us ELECTION results
Nasdaq Ustech 100 making bas and ready for fly again Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
