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Nasdaq Composite Index CFD

A shake-up is needed to turn it into a long-term uptrend.Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day. ------------------------------------- -------------------------------------- (DXY 1D chart) It is necessary to check whether movement can be continued in the channel indicated by the ellipse. If it stays below 101.860, it is expected to energize the investment market. ------------------------------------------------- (SPX500USD 1D chart) The key is whether it can rise with support from 4116.0. If not, you should see if you can keep the price above 4009.5, above the uptrend line. -------------------------------------------------- (NAS100USD 1D chart) We are expecting to touch the M-Signal on the 1M chart and decline. Therefore, it is necessary to check whether it is supported around 12380.4. If it succeeds in gaining support, it is expected to rise around 12896.2-13231.6. If not, 1st: 11942.9-12119.2 2nd: 11366.9-11578.2 You need to make sure that it is supported in the 1st and 2nd above. In order to turn into a long-term uptrend, the price must maintain the price by rising above the HA-Low on the 1M chart and above the M-Signal (MS-Signal) on the 1M chart. Currently, the HA-Low of the 1M chart and the M-Signal of the 1M chart are reversed. Therefore, there is a possibility that shaking to switch to regular arrangement may start, so a countermeasure for this is necessary when trading. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If this chart is shared, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
OANDA:NAS100USD
by readCrypto
Everyone Believes What They Want to BelieveRealty != Belief The secret to this market is to lower your expectation continually. Bulls do not realize they are sitting in the largest bull trap ever setup. Macro bottom still pending... it's more of the same: drop, consolidate, drop. A wise Bera once said: Resistance is infinite and unbounded. When a level is broken, there will always be more resistance higher up. Support is not though, support is capped at 0. The Fed's view: www.federalreserve.gov What does the Beveridge curve tell us about the likelihood of a soft landing? "It would be unprecedented for job vacancies (openings) to decline by a large amount without the economy falling into recession. We are, in effect, saying that something unprecedented can occur." Lagging Crash Lehman Brothers filed for bankruptcy on September 15, 2008. The broader stock market did not begin its crash until a week later. Everyone initially thought Lehman wasn't a systemic risk. You say crypto crash can not crash stocks with a LAG? The doom loop is accelerating. Few understand this.
AMEX:VEUShort
by shri30389
3
Will this week reveal an ongoing earnings recession?On 5th January 2023, we noted that the breakout above the upper bound of the descending channel would be bullish for the Nasdaq 100 index in the short term. Quickly after that, NQ1! broke above the resistance and embarked on the longest winning streak since November 2021. This recent move-up has been accompanied by market euphoria and overly bullish calls. Many investors are already dismissing the prospect of recession in 2023 and thinking the bear market is over. However, these calls are likely to turn out to be premature. Therefore, we will pay close attention to earnings reports from various companies. We will seek a decline in corporate profits to confirm our bearish thesis (beyond the short term). In addition to that, we will look for downgrades in future outlook and warnings over the slowing economy. As a result, we expect reality to creep back into the market and drag it lower over time. Accordingly, we maintain our 2023 price target for NQ1! at $10 000. Big names reporting their earnings this week: Microsoft J&J Verizon Lockheed MartinRaytheon Technologies General Electrics Tesla AT&T IBM Boeing General Dynamics Illustration 1.01 Illustration 1.01 shows the daily chart of NQ1!. The yellow arrow indicates a bullish breakout above the resistance, followed by the longest winning streak since November 2021. Technical analysis Daily time frame = Bullish Weekly time frame = Slightly bullish Illustration 1.02 Illustration 1.02 shows the daily chart of NQ1! and two simple moving averages. We would like to see the index break below the 50-day SMA to support a bearish thesis. Contrarily, we would like to see the price hold above the 50-day SMA to support a bullish continuation of the rally. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
CME_MINI:NQ1!Short
by Tradersweekly
28
Where are stocks going?I am presenting the difference between SPX (top pane) and SPX/major safe heavens (middle pane; spread graph). The pane below portrays the correlation coefficient (CC) in rsi values between the main spread graph and traditional safe heavens. Skip to the last paragraph for my forecast speculation if you are familiar with advanced spread graphs! This graph aims to measure the true nominal & intrinsic value of the U.S.'s largest equity indices (Nasdaq and S&P 500) by pinning their value against historic prices of safer alternative investment instruments, to account for capital outflows to other assets (not just USD or other fiat). CC - peaks in correlation imply trend reversals, specifically indicating the beginning of capital outflow from safe heavens to equities (and vice versa). Combining this indicator with the RSI (white line) of the spread graph may suggest the potential direction of capital flows. Forecast: Bearish signs: break-out of the current interest rate trend (figure below), last decade's heavy use of Quantitative Easing (QE), wars, repetitive waves of Covid, new world order (progressive decline in the importance of western currencies and stock exchanges) Bullish signs: recent unexpected strength from bulls, successful monetary policies against inflation, persistent adaptation of green & sustainability functioning (in comparison to the world), overall extremely oversold technical indicators Figure 1: The CC of interest rates movements with safe heavens indicates a potential direction for equities in general, which matches with the main spread graph (all shown by arrow paths). These predictions align with the outcome of the spread graph's 2004 aggressive interest rate hikes. In case you would like to utilise the spread graph formula: SP:SPX*TVC:IXIC/(TVC:DXY*10000000000000/FRED:M2SL*NASDAQ:XAU*(SP:SPGSCI-NASDAQ:XAU)/10/(TVC:US10Y-TVC:US02Y+TVC:US30Y-TVC:US10Y+2)) otherwise, zoom out Thanks for your time!
SP:SPXShort
by Sanzhar_m
4
SPX, Now 13th Oct low is critical !Taking out 3806.91 minor high puts 13th Oct low (3491.58) in a critical position. As explained in my previous publications, there was a chance for best case scenario and market bounce at 0.5 Retracement of rally after pandemic low and Bulls, Bottom fisher and Dip Buyers took the chance however, is this best case scenario going to happen? Bulls should pray for market to sustain last created low ! I showed two different yet possible scenarios on the chart: On the left side of the chart ,shown in green, we have our best case scenario which calls for completion of an ABC form of correction. With yesterday's taking out 3806.91 minor high we have now a proof for termination of last down going wave which is labeled as wave C. If this is going to happen , SPX will see unbelievable upside targets. The key for this scenario is 3491.58 low. As far as index is above this low, market is safe for bulls. On the right side of the chart, shown in red, we have our terrifying scenario which suggests painful targets for SPX. I am sure that you can see powerful resistances in this chart. Index is below 50,100 and 200 days moving average and also below major down trend line. I intentionally excluded these resistances from best case scenario chart to show how optimism can make us ignore what we should see. Is market able to break all these powerful resistances and continue it's way up to new ATH and unbelievable targets? If not, Market will see very unpleasant, terrifying painful targets. Macroeconomics, War and energy crisis, Inflation and FED's series of rate hikes do not support best case scenario but market is crazy sometimes. For me and to be in safe side, breaking out mentioned resistances is necessary to be sure about market up trend. Please keep this golden statement in mind : " Sometimes best thing to do in market is doing nothing " Good Luck.
SP:SPX
by SaeedSajedi
8
IXIC Potential For Bullish ContinuationLooking at the H4 chart, my overall bias for IXIC is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 10753.57, where the 38.2% Fibonacci line is. Stop loss will be at 10207.47, where the recent swing low is. Take profit will be at 11521.97, where the 50% Fibonacci line is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
NASDAQ:IXICLong
by VantageMarkets
No pivot, no easing, only more rate hikes, and painYesterday, the central bank of the United States raised interest rates by 50 basis points. The FED’s chairman reiterated that the monetary policy is not accommodative enough and laid out a path for more increases, with the projection of interest rates above 5% in 2023. Additionally, Jerome Powell stated the FED would not start thinking about cutting rates until its goal of 2% inflation over time is achieved. That is nothing new to us, as we dismissed the “pivot narrative” several times in the past months. Indeed, we stressed that the terminal rate would go much higher than initially expected and for much longer than originally thought. Unfortunately, we abandoned our price targets for QQQ one day before the meeting. Despite that, we continue to be bearish on the stock market and maintain our price target for NQ1! at 10 000$. However, as for the QQQ, we will abstain from setting a new price target after the latest abandonment. We will update our thoughts on a new price target soon. Illustration 1.01 Illustration 1.01 displays the daily chart of QQQ. Yellow arrows indicate fake breakouts above the resistance. Interestingly, the second breakout occurred similarly (meaning very quickly, driven by algorithms, and short-lived) to the first one, about which we expressed skepticism. Technical analysis Daily time frame = Neutral Weekly time frame = Bearish Illustration 1.02 For the past month, QQQ constituted a 5% trading range within which it has been moving. We do not expect another breakout to the upside. Contrarily, we expect a breakout below the support level, which will be very bearish. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
NASDAQ:QQQShort
by Tradersweekly
16
The NASDAQ FractalWhile we are talking about the Bitcoin fractal / logistic curve, I decided to analyze the second bubbly candidate, NDQ/NDX. The .com bubble was fast and extensive, so in retrospect it is easy to see that it was a big bubble. The 2008-2021 big-tech mania may not be apparent but if we just rescale the chart on the price axis (not date) we see that the 1994-2000 part is highly correlated to the 2015-2021 price action. This is the bubble part of the two growths. The overlapping part is quite satisfactory in the way it moves together. Considering the simplistic method of analysis I did. We should scale things down since growth follows a fibonacci movement, not a linear one. Nature forces each growth to be some golden ratio smaller than the previous one. Either we like it or not... I drew a retracement from the 2000 peak to the 1994 beginning, and moved it to 2015 as a start. The bubble part of the 2015-2021 growth is significantly lower when compared to the 1994-2000 growth. Do note that in both instances a 6 year period is analyzed. The decreased rate of change is apparent. There are numerous comparisons one can make. Again retracement is copied and moved, not rescaled in any way. I always tried to find a peak in NDQ. It wasn't until I tried fitting the .com bubble to the today's bubble that everything made sense. The chart got completed on it's own. A theoretical peak in NDQ will be on the 1.618 ratio of the .com bubble. It is quite far from here but with this candle pattern it makes sense. I have basically copied the 1985-2022 period and pasted on 2006. As I said before, the chart is rescaled only on price. And would you like to know how much I ended up scaling the chart? By a factor of .618 Conclusion: NASDAQ has it in it's DNA. Periods of incredible gains and periods of painful losses. This year it significantly underperformed the other main indices. For the near future, with so many new technologies coming, it wouldn't be extreme to witness another bubble after a painful drop. We are dependent on technology, so it's sector will gain. Final note: Bubbles and their patterns can be incredible sometimes. 80 years apart, back then with pen and paper, in 2000 on computer screens. Yet the bubble peak is identical. PS. It appears from the chart, in pure speculation that sometime in the future we will violate this important trendline. Perhaps in 2040's robots will overtake the world and we will abolish technology once and for all. Curiously, a while back I listened to a song titled 2042 by Active Member. It's in Greek so don't bother looking for it if you don't understand the language. Tread lightly, for this is hallowed ground. -Father Grigori
NASDAQ:NDX
by akikostas
3
SPX | Will this time be different?World on terror in 2001, world on Russia in 2022. Sticky inflation, explosive dollar and a tech bubble. And a housing crisis brewing? Not a recipe for success. I don't understand why anyone would expect actual, long-term growth from this exact point. The chart above shows something peculiar. We have bearishly tried to escape the ribbon and failed (for now?). Also the recent peak occurred in the 1.272 extension of 2000 peak, to 2009 bottom. A brief blow-off top in Dec.21 killed any hope of further growth. We have tremendous resistance above us, are we up for the task? Do we have heaps of money or are we over-leveraged from the 2-year party we had? Also look at this peculiar era. A linear channel that barely deviated from its course shaped the previous years. And now we lost all support. A long-term rising channel isn't very bullish for me. We have analyzed it with many many methods, that since the GFC we are experiencing RSI Divergence (RSI printing lower highs, price printing higher highs). Tread lightly, for this is hallowed ground. -Father Grigori PS: I <3 HL2
TVC:DXY
by akikostas
1
QQQ stays choppySince its recent peak on 15th November 2022, the price of QQQ drifted lower by about 4%. Currently, it trades for around 282$. We continue to be bearish on the Nasdaq 100 index and pay close attention to market developments. To support our bearish thesis, we would like to see QQQ continue to hold below the immediate support/resistance. Additionally, we would like to see a pick-up in volume accompanying a price decline. Contrarily, if QQQ breaks above the immediate support/resistance, it will be bullish. As far as fundamental factors go, these support our bearish thesis on the macroeconomic level. The FED and other central banks are pursuing tighter economic conditions to beat high inflation, which will inadvertently slow down the economy even more. With that in mind, we dismiss that the primary downtrend has hit bottom. Accordingly, our price targets for QQQ stay at 280$ and 270$ (10 000$ for NQ1!). Illustration 1.01 The setup we introduced recently remains valid. Technical analysis - daily time frame RSI, MACD, and Stochastic are neutral. DM+ and DM- are bullish. Overall, the daily time is neutral. Technical analysis - weekly time frame Stochastic points to the upside. MACD also points to the upside but stays in the bearish zone. RSI is neutral. DM+ and DM- are bearish. Overall, the weekly time frame is neutral. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
NASDAQ:QQQShort
by Tradersweekly
25
Fundamental & Technical | BTC📉Bitcoin is currently testing a decisive resistance line (Zone 2). Current existing factors influencing financial markets: * Decreasing investors confidence 1. The continuance of recession-indicating economic reports - A recession is expected (lastest FED + inflation rate reports) 2. Further war escalations - Russia defaulting, economic allies are changing and higher % of GDP devoted in military sector. 3. Political uncertainty - Boris Johnson resigning(UK)... 4. Natural diseases + disasters - Covid 3rd/4th waves, extreme hot weather 1. FED Interest Rate decision on to be posted @ 18:00 on 2022-07-27. Current inflation reads at 9.1 (2022-07-13), beating the consensus (expected) inflation (8.8). There is currently a lot of uncertainty over financial asset valuation. Worse economic statistics than predicted will likely imply our volatile digital assets will drop heavily once the interest rate decision is out(and if its hawkish). 2. Japan warns over Chinese and Russian increasing cooperation (economic & military). Rising concerns for investors: - Increasing number of involved countries (alliances) - Lasting severity of war donations - Rising war spending (2.5% of total GDP increase in UK) 3. Depending on the UK's new PM outcome, the country's fiscal(tax) policies may be on each extreme. The candidates: * Rishi Sunak vowing to increase taxes * Penny Mordaunt would raise income tax thresholds for basic and middle-income earners. (Lowering tax revenue) * Foreign Secretary Liz Truss mentions creating ''low tax, low regulation zones''. (Lowering tax rates) 4. Covid + Heat waves - Extreme heat waves in Europe affecting productivity, trade, currency valuations and etc. - Currently, Covid waves have a greater impact on LEDCs. Corruption, poor infrastructure, worse weather control(worsening symptoms severity) and fake vaccine passports may all contribute towards this fact. Thereby, I believe a drop will occur to satisfy the market changes within the zone 2. Risk/rewards ratio: 3.23 Open Short: 265.75M Take Profit: 173.17M Stop Loss: 293.74 Note: the graph is BTC/Gold. I will be posting an explanation for it's utility Thanks for your time! San:)
CRYPTOCAP:BTCShort
by Sanzhar_m
Nasdaq 100 - Signs of exhaustionSince the latest CPI print NQ1! rose approximately 9%, with most of the move-up being manifested right after the release. The move was accompanied by high volume; however, on Friday and Monday, the volume declined substantially. This continuous decline in volume hints at exhaustion and potential reversal. Therefore, we remain very cautious. To support our thesis, we would like to see a further slump in volume and the price going up. Then, we would like to see this followed by a spike in volume and the start of selling pressure. Contrarily, to invalidate our bearish thesis, we would like to see the price hold above 11 734$. Additionally, we would like to see the pick-up in volume accompanying a move higher. On the endnote, we still believe this is only another bear market rally, and because of that, we stay bearish beyond the short term and stick to our price target for NQ1! at 10 000$. Illustration 1.01 Since the latest CPI print, each session after the print manifested a declining volume from open to close. Yellow arrows indicate these developments on the chart. Technical analysis - daily time frame RSI, MACD, and Stochastic are all bullish. DM+ and DM- are bullish as well. Overall, the daily time frame is bullish, although the trend remains weak. Technical analysis - weekly time frame RSI and Stochastic point to the upside. MACD tries to reverse to the upside but stays in the bearish zone. DM+ and DM- are all bearish. Overall, the weekly time frame is less bearish than the last week. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
CME_MINI:NQ1!Short
by Tradersweekly
18