Nasdaq Dwindling MomentumWhile the markets have not broken down and are still in long term uptrends... Please look at the weakening momentum! Current market complacency is astonishing. #Nasdaqby Badcharts4
NDX Nasdaq 2024 Bear MarketWith some fun gaps to fill on the way down. See you in late October.Shortby rstephen72117
This is How I took sell trades today on NASDAQ(NEWYORK SESSION)I had my overall analysis from last week, I had the direction on where the price is heading to. The market had already made a second touch on our major key point(Daily Support level) that we predicted that price is going to react on, I then had to wait and see how price will playout on current resistance level, I used the 15minutes to get another resistance level and price rejected twice today on that price level and a HEADS&SHOULDER pattern was created on my 1&5minute timeframe that's were I then became confident enough to enter trades.N18:10by beasttraders220
Bullish price actionfrom what im seeing and this could be a bullish pattern to the highs of this recent high or at least 50 percent Longby Erikfx0
Nasdaq and Indices Lower on Middle East conflictNasdaq keeps pushing bearish as the stock indices struggle to deal with rising tensions and conflict in the middle east. The Monthly/Weekly timeframes .. everything is bearish. As we head into the close of the week I'm anticpating a further push bearish. The previous 4hr candle closed a shooting star candle.. this coincided with the 1hr timeframe rejecting a 1hr resistance zone,17,397. The market dropped and really disliked the Israel strikes from 12 hours ago. We have bearish momentum , anticpating a retest of daily support level 17,164. The weekly candle will likely keep pulling down to finish off the candle. Vix volatility index gapped way up overnight due to war conflicts and this signals more puts being bought and therefore more anticpated downside on the Indices.NShortby ShrewdCatfx3
$NDX in oversold territory, support levels & major moving avgThe NASDAQ:NDX , Nasdaq 100, is at a support level on the daily chart, left. The 4Hr chart shows it is almost at the 320Moving avg, left. Being that there's support & the intraday is at a Major Moving Avg, we'll likely get some sort of bounce around here. The index is also oversold daily & intraday. NASDAQ:QQQ NASDAQ:TQQQ NASDAQ:SQQQby ROYAL_OAK_INC1
NAS100We were triggered and stopped out but we did fair. DAILY Kept falling and dragging down and tested around the support level, 17070 around here. We have a test candle which shows that our test level was correct. 4H Price is testing again (in correction) so we stay waiting and watching for either the break (impulsively) or the reversal impulsively. This is where we will get more information to lay forward our case. 1H Reject before 17500 is where we would believe that our correction has ended, break through here means we wait even more. by Mhangwane14
4/19/2024 NASDAQ PERSPECTIVEPOI areas for today. I'm waiting for price to take liquidity and react to these areas. I shall personally take entries dependent on how price reacts in these zones. If price takes liquidity on the 1m timeframe in any area and shoots towards a POI, then that POI is more then likely invalidated. If price slows down before reaching a POI, then it's more then likely valid. Trade at your own risk. Good luck today! Nby Amaru_Bey0
📈 Bullish Butterfly spotted on NASDAQ! 🦋 Bulls set to dominateExciting news for traders as a bullish Butterfly pattern emerges on NASDAQ 📊🔍. This pattern, known for its predictive power in forecasting bullish reversals 📈, suggests a potential uptrend in the market. The Butterfly pattern consists of specific Fibonacci ratios between price swings, indicating a strong probability of a bullish reversal. Traders are anticipating a surge in buying pressure as the pattern unfolds 📈💪. Key to this pattern are four distinctive points: the initial downward leg, a corrective retracement, an extension leg, and a final upward reversal leg. As price action approaches the projected reversal point 🎯, traders are gearing up for potential gains. Factors such as market sentiment, economic indicators, and company earnings will influence the pattern's confirmation and subsequent market movement 🌐💼. Traders are combining technical analysis with fundamental insights to maximize profit potential. Get ready for bullish momentum! Traders equipped with a comprehensive understanding of harmonic patterns and market dynamics are poised to capitalize on the potential uptrend in NASDAQ 🚀💰.Longby ghostysellsdonkeys3
SELL NASDAQYesterday I posted to sell NASDAQ, however the market didn’t reach our OB and gave us an BOS, now since the market have reached our OB you can sell and set SL and TP as dat in the chart.Shortby YassineAnalysis2
Seems we're BEARISH on NASDAQThe market perfectly fulfilled our analysis and drove downwards with more thanks to the economic news of yesterday. The market is currently in a brief retracement to the minor zone where we expect a good signal for a SELL position around 17370. On the weekly TF we can see a huge BEARISH candle while on the daily, there is a long-tailed candle indicating a brief reversal but certainly a downward continuation of the price action. NB: This is not a financial advice. Use wise risk management. If you found this content valuable, please do not forget to kindly leave a boost and your opinions in the comment section. Happy Weekend Fam.Shortby teemz2
Us 100The us100 has hit the levels which where predicted into the discount price zone , we could see a push further to the downside to levels given in previous post These levels to the downside we can expect high resistance getting to these zones #fullport #happytrading #2024 DM for more content Suggestions in the comments.by caylibhendricks0071
US100 DAILY DOUBLE TOP BREAKOUTUS100 is trading within a daily double top that has broken neckline we do see a retracement to retest the neckline but pair remains bearish Shortby mffxtrading1
US 100 - Daily ranges overview (update)We have taken the sellside liquidity below 17375 as we noted yesterday.... so let's see where the market wants to go from here. As always it's Friday so don't be afraid to reduce your position size, reinforce your RISK MANAGEMENT and preserve your CAPITAL and PROFIT of the week IF we reclaim the lows we should expect the market to head back towards the buyside liquidity and the highs of the range IF we fail to hold these levels expect some further prices to the downside. No need to front run the market....wait for it and act based on what it shows you Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.by Patrick27070
U.S. Stock Indices, signs of Relief? 🏛️hello traders.. the U.S. stock indices have been getting pounded by bearish sentiment related to new war conflicts. Also, they were due for a pullback as things have been quite bullish the last few months. Price currently is testing a Daily support level on Nasdaq at 17,500. The NYSE 1hr candle just closed strong bearish below our Daily support level and we are currently retesting structure to continue bearish. A 4hr zone at 17,410 may be the last hope for bears before another selloff takes place to retrace another 2 percent to 17,164 Daily support level. We currently have bearish momentum in the Risk-On stock markets. We had retail sales come out much better than expected earlier this week but this didnt do much at all for price. Strong jobs data and increasing inflation in recent months have increased price a decent amount and this looks like a healthy pullback for profit taking and liquidations.NShortby ShrewdCatfxUpdated 7
Nasda1 tp hit 300+100 pips Nasdaq signal tp hot Within 12 hours Hope you got all the profit enjoy Follow for more accuracy by DNA_Trader_Officials1
Liquidity Crisis may happen, Market TOPPED OUTLiquidity Crisis may happen most of hedgefund did buying treasury bond and then treasury bond margin loan , so they made almost 50x leverage on bond market times over and over now only t-bill s gonna be recognized as collateral so t-bill market happend this method But NFP is too strong, FED didn't do Rate Cut now So t-bill is bubbled now, we are gonna kill it and stock market just knew there's plenty of liquidity until today Only when the tide goes out do you discover who's been swimming naked. So market topped outShortby newjeansoldjeanUpdated 5538
D1 demand zone a few pips away If this D1 demand area gets taken out and new supply gets created with the DbD above... things would be quite interesting. On the flip side, watching this area for a Trendline break and 4h momentum shift to the upside possibly hunting the Drop base drop supply imbalance above. Adding US100 to my watchlist. by EquilibriumTradingAlexMO111
THIS IS HOW SPOT ENTRIES ON NAS100How i trade my indices as a day/swing trader. I firstly spot where price has been rejecting with my Order blocks then I move to my lower timeframe to find more price rejects but i mainly focus on the major rejections meaning the order blocks that are on 4H,1H,30M&15M. I take trades on my 5minutes time frameN17:15by beasttraders22227
Nasdaq: Analyzing Converging Signals - ScalpNasdaq has entered an intriguing supply zone following its recent decline, where we've identified a convergence of signals hinting at a potential price rebound and value appreciation. These signals include a divergence on the Stochastic indicator coupled with the presence of the 78.6% Fibonacci level. One potential scenario could involve a Local Double Bottom formation, suggesting a potential opportunity for a long scalping position. Our strategy anticipates setting a target at the Point of Control (POC) volume, with the stop-loss positioned just below the identified pattern. Longby FOREXN11110
Trade Idea: Long NAS100 (NASDAQ 100)Divergence: Divergence between price and indicators on the 1-hour and 4-hour charts suggests a potential reversal or continuation of the trend. In this case, the divergence indicates a bullish bias, supporting the idea of a long position on the NASDAQ 100 (NAS100). Technical Indicators: Buy Stop Order: Placing a buy stop order above the current market price allows traders to enter a long position once the price surpasses a specified level, confirming the continuation of the bullish momentum. Trade Setup: Entry: Set a buy stop order slightly above the current resistance level, which is typically the recent swing high or a key resistance level identified on the 1-hour or 4-hour chart. This ensures entry into the trade once the price breaks out above resistance, validating the bullish momentum. Stop-loss: Place the stop-loss order below the nearest support level or the recent swing low to limit potential losses if the price reverses. Consider setting the stop-loss based on your risk tolerance and the volatility of the NAS100. Take-profit: Determine the take-profit target based on key resistance levels identified on higher timeframes, Fibonacci extensions, or a favorable risk-reward ratio. Consider trailing your stop-loss to lock in profits as the trade progresses. Risk Management: Position Size: Calculate your position size based on your risk tolerance and the distance between your entry point and stop-loss level, ensuring that you only risk a predetermined percentage of your trading capital per trade. Risk-Reward Ratio: Aim for a risk-reward ratio of at least 1:2 or higher to ensure that potential profits outweigh potential losses. Conclusion: With divergence observed on the 1-hour and 4-hour charts indicating a bullish bias, a long position on the NASDAQ 100 (NAS100) with a buy stop order presents a favorable trading opportunity. However, always conduct thorough analysis, practice proper risk management, and remain vigilant for any unexpected market developments.Longby MAAwan7
US 100 - Daily ranges overview Taken a short scalp on US 100 from 17425 to 17400 Entry 17425 TP 17400 SL 17448 Nice move from the NY open so let's see where we head from here. Expecting us to target the daily sellside liquidity resting below 17375 No need to chase the market... let it come to you and ACT UPON IT Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.Shortby Patrick27070