NASDAQ begins possible 15% correction from topNQ has completed a rising wedge complete with the last-gasp over-through. A weekly sweeping reversal is not in place pending Friday's close. This correction might (MIGHT) be uglier than most bulls want to see. Time will tell. Shortby PeterLBrandt7
NASDAQ Bearish Momentum Persists as Price Drops 2.7% in 24 HoursTechnical Analysis The price has dropped more than 2.7% in the last 24 hours. The bearish trend, as highlighted in the previous analysis, remains intact. The price is likely to stabilize within the bearish trend, targeting 20,670 and 20,550, as long as it trades below 20,990. However, a bullish correction toward 20,860 or 20,990 is possible, particularly if the price stabilizes above 20,860. Key Levels: Pivot Point: 20860 Resistance Levels: 20990, 21080, 21210 Support Levels: 20780, 20670, 20550 Trend Outlook: - Bearish Momentum with stability below 20990 - Bullish Momentum by stability above 20990 Previous idea: Shortby SroshMayi5
NIFTY 50 20th December 2024If you're looking to initiate a buy trade near this level with a small stop-loss, here's a possible strategy based on the chart: Stop-Loss (SL): Place the stop-loss slightly below 23,660 to limit downside risk in case the support breaks. Target Levels: First Target: 23,780 Second Target: 23,825.55 by trade_geeks2
S&P should trade towards 5700 now. Intraday Update: The SPX breakdown should target an equal leg move towards the 5700 level, especially given that the bounce was a shallow 38% retrace this week at 5948. Shortby ForexAnalytixPipczar112
DAX - short term correction currently very Overbought!Hi guys, we are following up with our next opportunity DAX : Currently it has been perfoming fantastic as being part of the biggest Economy in Europe, and it reached a glorious All time High, following up with the western Indices , SP500,NASDAQ100 and Dow Jones. Currently the price has reached a very overbought level based on the RSI check on 1H time frame and 4H time frame, so for the time being I am looking into a short term correction with a follow up to maybe break down the current all time high and get passed it. Entry : 20,400 Target : 19,916 Let's see how things are going to formulate and move from there. As always my friends happy trading! P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!Shortby DG55CapitalUpdated 447
DXY Will Grow! Long! Here is our detailed technical review for DXY. Time Frame: 30m Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 108.242. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 108.539 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider222
Rate Cut Disappoints: Stocks and Gold Experience Sharp Declines◉ Abstract On December 18, 2024, the Federal Reserve lowered interest rates by 0.25%, marking its third cut in a row. However, the Fed also said it might not cut rates much more in the future because it expects the economy to grow stronger and inflation to continue. This cautious message worried investors, causing a sharp drop in the stock market. The S&P 500 fell about 2.96%, its biggest one-day loss since August. Gold prices also dropped by around 1.6%. The declines in both stocks and gold show that investors are feeling uncertain about the economy and are rethinking their investments based on the Fed's outlook. Continue reading the full article: ◉ Introduction On December 18, 2024, both the S&P 500 and gold experienced significant declines, driven primarily by the Federal Reserve's monetary policy decisions and market reactions to economic forecasts. ◉ Federal Reserve's Decision ● The Federal Reserve cut interest rates by 0.25%. This is typically a positive move for equities and commodities like gold. ● However, the Fed signalled a more cautious approach to future rate cuts, expecting stronger economic growth and persistent inflation. ● This cautious outlook raised concerns about the possibility of limited future rate cuts, which spooked investors. ◉ Market Reactions 1. Stock Market Decline ● The S&P 500 fell by approximately 2.96%, marking its largest single-day percentage drop since August 5th. ● The market's reaction reflected a realization that previous optimistic expectations about aggressive rate cuts were misplaced. 2. Gold's Decline ● Gold prices dropped sharply, with an intraday decline of about 1.6%. ● Gold, while a safe-haven asset, is less desirable in a rising rate environment due to increased opportunity costs. ● With the Fed's indication of fewer future rate cuts, investors shifted away from gold. ◉ Overall Market Sentiment The simultaneous decline in both equities and gold can be attributed to a broader market sentiment that reacted negatively to the Fed's cautious outlook on inflation and growth prospects. This created a risk-off environment where investors were uncertain about both stock valuations and commodity holdings.by NaranjCapital110
correctionA correction is expected to form and continue to the specified Fibonacci levels. Then, a continuation of the upward trend is likelyby STPFOREX2
nifty 50NSE:NIFTY WAIT and Watch! Could be Tricky!!!!! lets see, Fingers crossed. Note : 1. One should go long with a StopLoss, below the Trendline or the Previous Swing Low. 2. Risk :Reward ratio should be minimum 1:2. 3. Plan your trade as per the Money Mangement and Risk Appetite. Disclamier : You are responsible for your profits and loss. The idea shared here is purely for Educational purpose. Follow back, for more ideas and thier notifications on your email. Support and Like incase the idea works for you.by CreativeCreature1
NasdaqOn daily timeframe the Market is Extremly bullish, and on strong support of pscychological level. And also on cot report we have more bullish net position than bearish once. And H4 we can see that it is also bullish,till 23000Longby Primus0725Updated 2
US30 POSSIBLE BUY The market is currently testing the current Weekly 0.78 Fib area. Based on 4HR TF, the market seems to be forming a possible reversal pattern. We could see BUYERS coming in strong should the current level hold. Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.Longby WiLLProsperForex2
Nifty Energy Double bottom formation on Daily Chart Support 35417 Chart pattern W it coulde done enough consolidation as all RSI below 40 Search stock those who have good fundmentals and ROE , ROCE by ManojTembulkar220
SP500 Weekly Trade Idea – Valid only with Close below 5977.8The S&P 500 has been on a stellar rally this year, rewarding long-term investors who bought and held through market turbulence. However, the current technical and macroeconomic setup suggests a possible correction could be on the horizon. Here’s how to approach it strategically. 🛠️ Technical Analysis from the Chart: 1️⃣ **Resistance Zone (6025-6050):** - The index is facing strong resistance in this red zone, indicating a potential **stall in bullish momentum**. Failure to break through this level increases the likelihood of a pullback. 2️⃣ Critical Support Levels: - **5690-5628 Zone:** First significant demand zone. A break below could trigger deeper corrections. - **5395-5365 Zone:** Key structural support from previous accumulation. - Long-term potential target near **4500**, aligning with historical correction structures. 3️⃣ Weekly Close Watch (5977.8): - A **close below 5977.8** could confirm the start of a correction, likely forming a 3-to-5 wave structure typical of corrective phases. 🌍 Macro Context – Inflation and Valuations: - Inflation Data: - In **March 2020**, inflation was at **1.5%**, and stimulus packages helped buoy the market. - By **March 2021**, inflation climbed to **2.6%**, reflecting economic recovery and stimulus impacts. - November 2024 inflation** sits at **2.7%**, signaling a moderating trend but with base effects and monetary policies still in play. - Market Valuations: - The **Buffett Indicator** (Market Cap to GDP ratio) shows the market remains significantly overvalued. This aligns with Warren Buffett’s recent positioning, where **25% of his portfolio is in cash**, waiting for better buying opportunities. 💡 Trade Idea: 📉 Prepare for the Correction: - A correction to the **4500 level** would represent a compelling buying opportunity for long-term investors. - Avoid shorting the market; instead, focus on cash preservation and building a watchlist of fundamentally strong companies. 📊 Long-Term Strategy: - Stick to Warren Buffett’s principle: **"Be greedy when others are fearful."** - Utilize cash reserves to capitalize on discounted prices during market panic. 📌 Key Levels to Watch: - Resistance: **6025-6050 - Supports: **5690-5628**, **5395-5365**, and long-term 4500. 🚀 Optimistic Outlook: Corrections are **opportunities, not threats**. They allow investors to buy quality assets at a discount and position themselves for the next bull cycle. "Price is what you pay; value is what you get." – Warren Buffett 🐂✨ Let volatility work in your favor! 🌟 by Mike_SnD2
Nasdaq analysis: 20-Dec-2024Good morning, traders! Today's Nasdaq analysis will help you achieve your trading goals. Let's work together towards success.07:03by DrBtgar3
#NIFTY Intraday Support and Resistance Levels - 20/12/2024Flat or slightly gap down opening expected in nifty. After opening if nifty starts trading below 23950 level then possible strong downside rally upto 23750 level. Any bullish rally only expected if nifty starts trading and sustain above 24050 level. 23950-24050 levels are the consolidation zone for nifty.by TradZoo5
Technical Analysis of NIFTY Index - 30-Minute TimeframeDouble Top Pattern: The chart shows a double top pattern (marked as "Top 1" and "Top 2"), which is a bearish reversal pattern. The neckline for this pattern has been broken, confirming bearish momentum. The pattern suggests that the uptrend has reversed, leading to a downward move. Falling Wedge Pattern: After the double top, the index has formed a falling wedge, which is typically a bullish reversal pattern. The price has broken out of the falling wedge, signaling the potential for a short-term bounce. Targets: Immediate Upside Target: The breakout from the falling wedge suggests a potential recovery toward 24,200–24,300. Downside Target: If bearish momentum resumes, the index could move toward 23,500 as marked on the chart. Volume Analysis: The breakout from the falling wedge is accompanied by a slight increase in volume, which supports the bullish case. However, sustained volume is needed for the uptrend to continue. Support and Resistance Levels: Support: Immediate: 23,800 Stronger: 23,500 Resistance: Immediate: 24,200–24,300 Extended: 24,500 Moving Averages: The index is currently trading near its short-term moving averages, which could act as dynamic resistance. A breakout above these levels would confirm further bullish momentum. Fundamental Analysis of NIFTY Index Macroeconomic Environment: Global Factors: Uncertainty in global markets, including rising interest rates and geopolitical tensions, have added to the volatility in Indian markets. Domestic Growth: India's economy continues to grow steadily, supported by strong consumer demand, government infrastructure spending, and a robust services sector. Sectoral Performance: IT and Pharma: Defensive sectors like IT and Pharma have seen relative strength amid global uncertainties. Banking and Financials: Despite some recent corrections, banking and financial services continue to drive the index, supported by rising credit growth and strong results from private banks. Metals and Energy: Global commodity prices and demand from China remain key drivers for metals and energy stocks. Corporate Earnings: Indian corporates have shown resilience with steady earnings growth, particularly in the FMCG, banking, and auto sectors. However, margin pressures persist in some sectors due to higher input costs. Valuation: NIFTY's valuation remains slightly stretched compared to historical averages, suggesting room for further correction. However, strong long-term growth potential keeps the outlook positive. Key Risks: Rising interest rates globally could tighten liquidity. Any further escalation in geopolitical tensions or slower global growth could impact market sentiment. Conclusion: Technical Outlook: NIFTY has formed a double top, confirming bearish momentum, but a breakout from the falling wedge offers a short-term bullish opportunity. Upside Targets: 24,200–24,300 Downside Risk: 23,500 (if bearish momentum resumes) Fundamental Outlook: India’s economic fundamentals remain strong, supported by consumer demand and government spending. While the market faces short-term headwinds, the long-term outlook remains positive, making this an opportunity to accumulate quality stocks during corrections. by TheWealthyInvestorbyDSAB2
[INTRADAY] #BANKNIFTY PE & CE Levels(20/12/2024)Today will be slightly gap down opening expected in banknifty. After opening if banknifty sustain abover 51550 level then expected consolidated movements in between 51550-51950 level. Strong downside fall expected below the 51450 level. This downside rally can goes upto the 51050 level.by TradZoo2
Bearish drop?NAS100 has reacted off the resistance level which is a pullback resistance and could drop from this level to our take profit. Entry: 21,414.83 Why we like it: There is a pullback resistance level. Stop loss: 21,813.15 Why we like it: There is a pullback resistance level. Take profit: 20,774.05 Why we like it: There is an overlap support level that lines up with the 78.6% Fibonacci retracement. Enjoying your TradingView experience? Review us! 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.Shortby VantageMarkets4
NAS100...Ever The Bullish Instrument Part 10A video version of this commentary is included in the youtube link in my tradingiew profile. As I have always said; "Any sells on the NAS100 are only temporary retracements to register a HL on a larger timeframe." With Last weeks interest rate decision, a lot of volatility and panic was created by sellers reacting with panic as usual and the buyers capitalized on that by being patient and waiting for the storm to subsize. The retracement took an entire week to come to a close and it was not until Friday that I saw the H1 timeframe breaking back in a bullish structure to close out the week of retracements to form a HL on the daily timeframe. With the weekly candle expired again, it will be just a matter of time before the trend resumes it's responsibilities to complete another ATH. So for this week, nothing has changed and I will continue to wait for my largest HL and buy to my Guaranteed ATH. Remember to practice Use proper risk management practice on your demo accounts until you are comfortable Trust your analysis #oneauberstrategy #auberstrategy #aubersystem #zigzagtheory #whywewait #patience Longby Auberstrategy0
The Big Short Baaj's Big short of Indian stock market / / Maybe they'll make a movie on me? Burn baby burn!Shortby DilbarKhakh0
Nas100 sellNas100 supply Nas reacting nicely to the supply zone Let see how far it goesShortby scalpwithme1
NIFTY Long term speculation based on Eliot waveHello Guys, I am sharing a long term analysis of Nifty based on Eliot wave. Hope you enjoy and learn. Thanks15:54by bhabtoshojha2
Very Bearish Elliott Wave Pattern The S&P 500 (SPX) since its all-time high appears to be forming a series of "one's" and "two's " to the downside. This could be the prelude to a very large decline in early 2025. Short-term the SPX could rally into the low 6,000 area soon. If so his could be an important peak. Shortby markrivest1