NAS100 I Potential scalp & intraday long from support Welcome back! Let me know your thoughts in the comments!
** NAS100 Analysis - Listen to video!
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Nas100long
USNAS100 (Bullish Movement)USNAS100 New Forecast
The price remains under bullish pressure, aiming for further gains to record a new all-time high.
As long as it trades above 18660, the bullish trend is expected to continue towards 18790, 18950, and 19100. However, if the price reverses and stabilizes below 18600, it indicates a correction down to 18435.
pivot line: 18660
Resistance Price: 18790, 18950, 19100
Support price: 18555, 18435, 18230
Its range for Today will be between Support 18550 and Resistance 18880
Previous idea:
NAS 100 I Potential pullback and long from supportWelcome back! Let me know your thoughts in the comments!
** NAS100 Analysis - Listen to video!
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NAS100 Trade IdeaThe US100 index has retraced, entering a bullish 1D order block. Analysis of the prevailing trend on this timeframe indicates a clear bullish trajectory. I am eyeing a potential buy entry opportunity within at 61.8% Fibonacci retracement levels. Employing a risk management strategy, stops will be placed below the preceding low, while targeting the previous high and potentially beyond with the implementation of a trailing stop. However, it's imperative to note that trading carries inherent risks, and past performance is not indicative of future results. Therefore, traders should conduct thorough research and exercise caution before making any financial decisions.
Long NAS100 On PullbacksHey guys! I'm looking to add to my current long NAS100 around 17800-17700 zone on this pullback. Should price break past this level then I'll be looking at 17500-17400 level to go long.
I maintain my long bias on NAS100 with no TP set in and I will trail my stop loss as I see fit.
Would love to hear your thoughts!
NAS100 - EMBARKING ON THE BIGGEST BULLRUN IN HISTORY? Hello Traders, what a week it has been! So I think it is justified to provide you with everything I know and show you how I see things. On the chart you’ll notice an image. The image shows theoretical price action with a parabolic curve step-like formation, representing an idealised pattern in price action trading. The formation begins with Base 1, where the stock starts to show an uptrend, followed by Base 2, indicating continued growth and increased investor interest. Base 3, marked by an "X", signals a critical entry point for traders, as it suggests potential for the stock to double in value rapidly. We are depicted to be at this third phase, which is considered the most opportune moment for entry before the final ascent. Base 4 represents the peak of the trend, culminating in a Sell Point where the stock reaches its maximum and sharply declines, thus completing the pattern.
However, as we gear up for the CPI data release on the 13th of February, be aware that it might steer us into a broad consolidation phase. The market's parabolic trend may not be sustainable given the upcoming figures. Prudence is key here—anticipate potential stabilisation or sideways price action as the market digests the CPI results.
Additionally, watch out for how price reacts to the BOS level. No structure is definite and it's important to adapt to what price is showing us and not to cling to an idea that no longer is valid.
NAS100 Weekly
NAS100 Daily
To add to this NAS100 analysis, I think it’s important to discuss its main components. The "Magnificent Seven" Big Tech stocks, including Nvidia, Apple, and Amazon, have seen varied performance since the pandemic, challenging the notion of them as a homogenous group. The dispersion in their returns and diverse business models highlight the differences within the sector. While Nvidia thrives as an AI specialist and Apple boasts defensive qualities, Amazon combines retail with cloud computing. The sector's valuation spectrum reflects a mix of growth prospects and market expectations, suggesting a nuanced investment landscape rather than a uniform "bubble." This diversity raises questions about the future performance of growth versus value stocks within these leading tech companies.
Apple's revenue grew during the holiday quarter, driven by iPhone sales and a record in services, despite a drop in China sales due to competition and geopolitical issues. The company faces regulatory scrutiny and a patent dispute, but remains optimistic about its product ecosystem and upcoming launches like the Vision Pro headset.
Amazon's stock surged 7.9% following a report of strong holiday sales, boosting its market value by approximately $135bn. CEO Andy Jassy highlighted the company's future focus on AI, projecting AI revenues to reach "tens of billions," further driving optimism for its growth potential.
Alphabet's shares dropped after advertising revenues missed expectations, despite integrating its Gemini AI into various services. The company plans significant investments in AI infrastructure, raising investor concerns about the balance between growth and expenditure in the generative AI race.
Meta's shares soared over 20% after announcing a first-ever dividend and a $50bn increase in share buybacks, signalling recovery from a recent advertising slump. The company plans more investment in AI and the metaverse, despite expecting short-term AI products not to significantly drive 2024 revenue. Full-year expenses are projected to rise notably.
Nvidia's dominance in the AI chip market, essential for technologies like OpenAi's ChatGPT, has driven its significant growth, with the stock more than doubling in value over the past year. This surge contrasts with the broader semiconductor industry's struggles with excess inventory and reduced demand in other sectors. Nvidia's success is partly due to partnerships with major tech firms like Microsoft and Meta, with the latter planning to acquire almost 600,000 high-end Nvidia GPUs for AI research. This focused investment in AI has positioned Nvidia at the forefront of the data centre market, overshadowing traditional leaders like Intel.
Microsoft's shares fluctuate after announcing strong cloud sales integrated with OpenAI's tech, but ended lower due to concerns over high investments in AI infrastructure. Despite a 20% increase in cloud revenues, investors remain cautious about the costs associated with expanding AI capabilities.
Tesla's shares dropped 12% amid warnings of lower sales growth due to reduced demand and increased competition. CEO Elon Musk announced a new lower-cost car for 2025, aiming to regain momentum. Tesla faces challenges from price cuts, higher costs, and a shift in the EV market, impacting its financial performance.
Here’s some economic theory for you, to add some more depth to the analysis. The Federal Reserve's monetary policy, particularly changes in the federal funds rate, has a significant impact on bond yields and, subsequently, stock prices. When the Fed raises interest rates to combat inflation or cool down an overheating economy, bond yields tend to rise as well. Higher bond yields make bonds more attractive relative to stocks, which can lead to a decline in stock prices as investors may shift away from equities. Conversely, when the Fed lowers interest rates to stimulate economic growth, bond yields often decrease, making stocks more appealing, which can boost stock prices. So, Fed rate decisions play a crucial role in influencing the relationship between bond yields and stock prices. In economic theory, bond yields and stock prices exhibit a negative correlation. This is why yield charts matter. Have a look:
The general outlook is that the US Federal Reserve is cautious about cutting rates despite inflation slowing, due to concerns about potential economic growth and inflation resurgence. Market expectations of rate cuts exceed the Fed's projections, but with inflation drivers easing, the case for reducing rates is growing stronger. However, the US job market added 353,000 jobs in January, surpassing the expected 180,000, leading to reduced expectations for a Federal Reserve interest rate cut in March. The strong job growth supports the Fed's cautious stance on rate cuts, despite political pressures. In my opinion, if the US economy continues to show such resilience and the next CPI release is lower than consensus, we might be witnessing the beginning of the largest bull run in history.
In summary, the NAS100's trajectory is at a crossroads with the upcoming CPI data potentially triggering market consolidation, despite the recent parabolic pattern. The diverse performance among Big Tech stocks underscores the need for nuanced analysis. While Federal Reserve policies continue to sway bond yields and stock prices, the strong job market suggests caution in anticipating rate cuts. Keep a close eye on how the NAS100 responds to the interplay of inflation data and tech sector dynamics. Overall, maintain a strategic approach and be ready to adjust to new information as we navigate these complex market conditions. Stay informed, stay agile.
As always, I hope you enjoyed this one and have a great weekend!! ;)
NAS100 - WHAT THE F*** IS GOING ON? (KEY LEVELS)Hey Traders, yesterday’s market shake-up wasn’t just about the Fed's chess moves. A trifecta of less-than-stellar employment data, lukewarm tech earnings, and regional bank jitters sent the NAS100 on a rollercoaster, underscoring the fragile nature of our current economic landscape.
The Fed's stance was the talk of the town, maintaining a rate plateau between 5.25% and 5.5%. But here's the kicker: the Fed's not just playing hard to get with rate cuts—they want to be absolutely sure inflation is well-tamed before making a move. The puzzle? Inflation's at a tame 1.9%, yet they're still holding out for a clearer sign.
Powell's cool-headed presser post-meeting hinted at a 'wait and see' approach, calming fears of economic overheating or cooling. The good news? Inflation's behaving, and growth is chugging along. But the markets are twitchy, and the odds of a March rate cut have edged down from 'likely' to 'let's talk later.'
Now, let's bring in New York Community Bancorp’s plunge into the mix. Was it a one-off, or a canary in the coal mine for the banking sector? Concerns over credit quality and margins are in the air, with all eyes on whether this spells broader banking woes or just a case of merger indigestion.
As we gear up for our NAS100 price action analysis, these economic plot twists are crucial. They're the backdrop to every candlestick and trend line we're about to dissect. Stay tuned as we unravel the price story against this economic saga.
Based on the provided chart of the US 100 index and considering the backdrop of the latest economic news, here is an analysis that blends market sentiment with price action analysis:
What is on the chart? (key levels to look out for)
1) We have our retracement levels + the 4 hour FVG and BOS level. This area is a key resistance zone.
2) The order block that might provide us with a temporary (or permanent) bottom. You can consider it as a support level and it will determine the next step in our price action story.
3) Key daily level that is a great support area. You have the FVG + BOS level (previous ATH so significant) + discounted area.
4) This is a significant sellside level that I doubt will be broken with the current outlook which is more uncertain than bearish but still important to outline.
CONCLUSIVE SENTIMENT: Given the current economic context where the Fed is cautiously optimistic yet not ready to lower rates, the failure to break the ATH in the index could reflect a market that is wary of overextension and preparing for a period of consolidation or retracement. Investors may be taking a more defensive posture, awaiting further economic indicators before committing to a direction.
In essence, the sentiment appears to be one of caution, as reflected in the index's price behaviour and recent economic developments. Traders are advised to watch the key technical levels and stay informed on economic updates, as these could significantly impact market direction in the near term.
As always, stay cold headed and keep your money close! HAPPY TRADING!!!!
NAS100 | The continued rip and runNAS100 has been on a beautiful tear to the upside. The question is can it still continue?
If so, the best price to continue buying above is 17,300.80.
Why this price?
This is where the buyers push price back up before continuing the increase of price up to 17,687.20.
Price has now pulled back to provide a discount in price once again.
For this discount to remain valid buying above 17,300.80 is sensible.
What needs to be seen?
The evidence buyers can come show themselves, basically, price action candlesticks.
We can see price pushed off of structure(green line) before increasing. Now price is back at structure.
Again, we will need to see if the buyers can push price back up.
And again, price action is going to be the evidence or entering the trade upon open with the belief price can rise.
As Van Tharp states in his book Trading Beyond The Matrix , " we don't trade the markets we trade our beliefs."
My belief is price can rise if price doesn't strongly fall below the lower price of 17,300.80. If it does, this trade idea will be invalidated.
Should you trade this?
If you share the belief price will rise? Yes.
If you do not believe price will continue to rise? no.
Let's keep it that simple.
Like and share this trade idea ❤️
Shaquan
US30 and NAS100 Possible buy zone!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NAS100 Long Trading SignalNAS100 Long Trading Opportunity
1. The price closed above the Trend Magic Indicator line.
3. Vortex cross and indicates strong uptrend signal.
4. Retail trader data shows 55% of traders are net-short. Strong contrarian long signal.
SL - below the Trend Magic Indicator line or Vortex indicator change trend direction signal
TP1- 15490
TP2 - 15790
Keep It Simple and Always Trade With the Trend!
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Nas100 Daily Zone and Key Price LevelHere we have price at a key level with a possible rejection
Price has rejected this level previously which gave us our Daily zone.
Price may be volatile at this level. Be sure to manage risk then scale in as needed.
I will look for confirmations on the lower timeframes for additional entries as this plays out.
Price is above the 200 moving average, so were are Bullish overall. Will continue to catch Bearish counter Positions if they present in the future.
NAS 100 I Tendency to riseWelcome back! Let me know your thoughts in the comments!
** NAS100 Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
NAS100 LONG, WHAT DO YOU THNIK?We can see that price was respected from the daily orderblock, We could expect a retracement expansion profile on the daily time frame, so with this idea in mind I'll be going bullish on the retracement(manipulation move) 1 hour timeframe targeting the last week's Thursday high
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NAS100 BULLISH DO YOU AGREE ?Looking at the chart we can see that liquidity has been taken on the downside (Sellside Liquidity), which was respected by an ORDERBLOCK (+OB)... And with last week's price action market has shown a willingness to move to the upside to seek liquidity (buyside liquidity) with the market structure shift and the inefficiency showed...
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