Short term correction We can expect short term correction
Identify the weak stock and over valued stock for short selling
USTEC trade ideas
NASDAQ 100 at a Crossroads : possible 25 5 correction aheadNASDAQ 100 at a Crossroads: Technical Reversal and Macroeconomic Storms Signal a 25% (from top) Correction Ahead
Technical Indicators:
Relative Strength Index (RSI):
The RSI on the monthly timeframe is approaching overbought territory (~70). A reversal from this level would provide further confirmation of a bearish trend developing.
Trendline Analysis:
The price broke out of an ascending channel in mid-2024 but is now testing the upper boundary as support. Failure to hold this level could lead to a sharp decline, as seen during corrections in 2022 and 2020.
Comparison with Historical Corrections:
During the 2022 correction, the NASDAQ 100 retraced approximately 35% from its peak.
The current overextended rally mirrors past peaks, where correction phases were triggered by rising interest rates or geopolitical events.
A 25% retracement from the December 2024 high would align with prior patterns, targeting the 16,500–17,000 range.
Final Thoughts:
Traders and investors should remain cautious as the NASDAQ 100 faces headwinds from a bearish technical setup and macroeconomic uncertainties. A combination of delayed rate cuts, policy risks under the new administration, and historical correction patterns suggest that the index may face significant downside in the coming months.
nas100 or Nasdaq can touch 27000 in next year 2025i think nas100 can touch 27000 in nxt year , this analysis is base on Fibonacci retracement.
Chart time frame is monthly. I believe that monthly analysis is best for Future predictions it can gives us 90-95 percentage. lets see what happen in next year.
Ustech if break 21220 then downtrend will start fall will be bigWe get huge profit on Nasdaq buy side trade booked profit near 21500 .
Now if break 21200 downtrend will start and big fall will come come most of the big tech ready for profit booking
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 Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
NDX : Rising Wadge (Downtrend starting)Nasdaq 100 (NDX) is in last stage of Rising Wadge Pattern, if it closes below 20900 then a downtrend will start which gives a target of 18000 nearly.
When NDX closes below 20900 with high volume Put STOPLOSS of 21550 and enjoy the downtrend (minor pullbacks will be seen) trail your stoploss to maximize your profit.
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci Series
NOTE : I am not SEBI registered advisor in capital market.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thank you.
Ustech bought from 21150 1st Target hit 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 Trailing SL (SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 50)
Target 2- (T2 : 61 %)
Target 3- (T3 : 78%)
Target 4- (T4 : 100%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
naz shortA Renko chart is a type of chart, developed by the Japanese, that is built using price movement rather than both price and standardized time intervals like most charts are. It is thought to be named after the Japanese word for bricks, "renga," since the chart looks like a series of bricks. A new brick is created when the price moves a specified price amount, and each block is positioned at a 45-degree angle (up or down) to the right of the prior brick. An up brick is typically colored white or green, while a down brick is typically colored black or red.
NDX intraday levels for 8th nov 2024Please check the levels on chart
Blue levels are make or break levels
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you
Nas100 marked this chart up in 2023very accurate looking for end of quarter christmas rally!
then pull back end of January-February 2025
NAS100 SHOWING A GOOD UP MOVE WITH 1:5 RISK REWARD NAS100 SHOWING A GOOD UP MOVE WITH 1:5 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Ahead of US Elections, on Friday *NASDAQ100* - GRAVEYARD DOJIAhead of US Elections, on Friday *NASDAQ100* has formed a GRAVEYARD DOJI Candlestick (Daily Time Frame) pattern which indicates selling pressure near its ATH.
NDX intraday levels for 24th oct 2024 Please check the levels on chart
My todays view for your study analysis only :- today's trend is not so clear but probably will be buy on dip.. we will find out exact trend soon !!
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
NDX NASDAQ 100 INDEX TRADING VIEW GANN BOX ANALYSIS 24 OCT 2024Using the free tool from Trading View called Gann Box. You can get a rough idea from this tool what is happening with Price and Time Symmetry seen on chart. For this you need to know how to calculate Price and Time coordinates. Once you learn the Gann trading system its only extension of the knowledge to ascertain the trend of your favourite Index/Scrip.
Two Gann Boxes are marked for NDX Index. The geometry used in Trading View does not match with Gann square per se but still if you know what to use then its application is very fruitful. Nothing against the logic used here. Its the developer's logic in designing the Gann Box is what you have to know when you are using a software for plotting the Gann Box here. In simple words "Logic is Magic." Main Gann Angle is 1x1 Angle which determines the trend.
Happy Trading !!!
NDX intraday levels for 23rd Oct 2024 Please check the levels on chart.
My today's view on market (only for study and your analysis) is sell on rise.
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
NDX intraday levels for 18th Oct 2024 Please check the levels on chart, only major levels marked on chart.
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
NAS100 SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARDNAS100 SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
USTEC100/NAS100 Short IdeaI see a potential top/completion of the impulse wave and expecting a correction in coming days.
NDX intraday levels for 17th Oct 2024 Please check the levels on chart. Please note I have marked major levels only.
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
NDX intraday levels for 16th oct 2024 Please check the levels on chart
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
NDX intraday levels for 15th oct 2024 Please check the levels marked on chart
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
US100Chart and Market Structure Study of US100 based on DOW THEORY , A higher high and a higher low structure
NDX intraday levels for 14th oct 2024 Adding this from mobile device please check the levels on chart
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
