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Nasdaqlong

Nasdaq Intraday AnalysisOn the chart, Nasdaq is consolidating above crucial psychological support of 23500, creating a bullish cup & handle pattern However, the prices despite Governor Cook's news failed to break the 0.618 Fib level (23586), Still, Trump’s firing of Fed Governor Lisa Cook has created majority in the Fed, which has risen prospects of deeper rate cuts. And lower rates historically support tech stocks. Therefore, if prices breaches the immediate resistance at 0.618 Fib level (23586), then the US tech index will continue its bullish momentum toward 23756–23,970. What Indicators are indicating: 1) RSI is hovering in the buying zone near 58, showing momentum is recovering but not yet overbought — room for further upside. 2) Bollinger Bands are widening slightly and turning their trend toward up-side, hinting at increasing volatility and potential for breakout trades. Overall bias: Buy on dips toward 23500–23450 zones with targets at 23756 and 23950 intraday.
IG:NASDAQLong
by Nadia_farhat
Nasdaq - Intraday Setup & Potential TradePrice was not abel to trade out of the white forks U-MLH and got constantly rejected. It cracked the little support and fell down, but missed the white Centerline, creating a HAGOPIAN. Then price traded outside of the white fork, following a textbook test/retest at the white U-MLH and found support. The yellow fork points upwards, showing us the most probable path of price. Going long near the white U-MLH gives us several potential targets: 1. the orange Centerline 2 the yellow Centerline 3. the HAGOPIAN target line. 4. the orange U-MLH Stops would be below the last red bars low, because this, as of the time of writing, is the best structural level to hide behind. I'm off to the mountains, have a happy trading day!
CME_MINI:NQ1!Long
by Tr8dingN3rd
Technical Analysis Forecast for NAS100Open Price: 23242.3 (UTC+4) 1. Japanese Candlestick Analysis 4H/1H: Price opened at 23242.3 near resistance (23250–23300). Recent candles show bearish harami (4H) and dark cloud cover (1H), signaling rejection. 30M/15M: Gravestone doji at 23242.3 and three black crows indicate strong bearish momentum. 5M: Shooting star formation suggests exhaustion. Failure to close above 23250 confirms weakness. Outlook: Bearish reversal likely if 23200 breaks. 2. Harmonic Patterns 4H/1H: Bearish Butterfly Pattern completing at 23242.3 (D-point). PRZ: 23240–23250 (confluence of 127.2% XA and 161.8% BC). Fibonacci Ratios: AB=CD symmetry (23240–23250). 30M: Bullish Crab forming at 23100, but secondary to larger bearish setup. Outlook: High-probability short entry at 23240–23250 with target 23000. 3. Elliott Wave Theory 4H: Wave 5 of impulse cycle peaked at 23242.3. Structure: Completed 5-wave sequence from 22800 → 23242.3. Corrective Phase: ABC pullback targeting 23000 (Wave A) and 22850 (Wave C). 1H: Sub-wave (v) of 5 ending at 23242.3. RSI divergence confirms exhaustion. Outlook: Bearish correction to 22850–23000 within 24 hours. 4. Wyckoff Theory Phase: Distribution (after markup from 22800 → 23242.3). Signs: High volume at 23242.3 (supply), upthrust above 23300 failed. Schematic: Phase C (markdown) initiating. 1H/30M: Spring at 23200 failed to hold, indicating weak demand. Outlook: Break below 23200 triggers markdown to 23000. 5. W.D. Gann Theory Time Theory 24H Cycle: Key reversal windows: UTC+4: 08:00–10:00 (resistance test), 14:00–16:00 (trend reversal). Square of 9: 23242.3 aligns with 0° angle (resistance). Square of 9 23242.3 → Resistance Angles: 0° (23250), 90° (23350), 180° (23450). Support: 45° (23000), 315° (22850). Price Forecast: Reversal at 23250 (0° angle). Angle Theory 4H Chart: 1x1 Gann Angle (45°) from 22800 low at 23000. Price above angle = bullish, but overextended. 1H Chart: 2x1 Angle (63.75°) at 23242.3 acting as resistance. Squaring of Price & Time Price Range: 22800 → 23242.3 (442.3 points). Time Squaring: 442.3 hours from 22800 low → 23250 resistance (442.3 points ≈ 442.3 hours). Harmony: 23242.3 = Time Cycle Peak (24H from open). Ranges in Harmony Primary Range: 22800–23500 (700 points). 50% Retracement: 23150 (support). 61.8% Retracement: 23000 (critical support). Secondary Range: 23000–23300 (300 points). Key Levels: 23150 (50%), 23000 (61.8%). Price & Time Forecasting Price Targets: Short-Term: 23000 (61.8% Fib, Gann 45° angle). Extension: 22850 (100% of prior correction). Time Targets: First Reversal: 8–12 hours from open (UTC+4 12:00–16:00). Second Reversal: 20–24 hours (UTC+4 00:00–04:00 next day). Synthesized 24H Forecast Bearish Scenario (High Probability) Trigger: Break below 23200 (confirmed by 1H/30M close). Targets: T1: 23000 (61.8% Fib, Gann 45° angle). T2: 22850 (Wyckoff markdown, Elliott Wave C). Timeline: 8–12H: Drop to 23000 (UTC+4 12:00–16:00). 20–24H: Test 22850 (UTC+4 00:00–04:00 next day). Confirmation: RSI <50 on 1H, volume spike >25% average. Bullish Scenario (Low Probability) Trigger: Sustained close above 23300 (Gann 0° angle). Targets: 23350 (90° angle), 23450 (180° angle). Timeline: 12–16 hours (if 23300 breaks).
PEPPERSTONE:NAS100
by sunya