? NAS100 Market Update NAS100 is currently trading around 19,500 and is forming a running flat wave pattern. This structure is setting up for a potential move towards the 20,000 target. Stay alert — the breakout could be strong!
The move lower was short lived, and now we have return to previous levels. I feel we may see higher levels now due to the fact indicators are positive turning upwards, and there is a chance to see $ 3,450 test again. Strategy BUY @ $ 3,310-3,330 and take profit near $ 3,417 for now.
My guess is that price is ready for a retrace to 80k. But I don't have any crystal balls over here. Just normal ones, so 50/50 I'm right. GL
this is fundamental for msft for showing how correlative analysis' works. if this breaks then tesla is a long and so is the SPY and QQQ
Gold has repeatedly tested the 3260-3270 area to gain support. The short-term gold trend has formed multiple bottom structures, so the short-term gold trend may be over. Currently, gold is mainly long around 3330. https://www.tradingview.com/x/uxRShwsb/ Trading ideas: Buy gold near 3330, stop loss 3320, target 3360
As you can see from the lower picture...I took two retrace peaks and traced the move with the fib tool and made the smaller one the solid line and the farther one the dashed line... Kinda fits pretty neatly in those lines eh?? Not much more to say, make up what you think the move action will be, I just provide the lines... And the numeration for those lines to be calculated is based off Pi and Fib percentages...so its not an actual default setting...can go into my other ideas where I actually give a table of all the numbers to enter in to achieve said result you see above and below... Both Trend Fibs are with the reverse setting on... ------- https://www.tradingview.com/x/yZEJfnzn/ 10 min ------- https://www.tradingview.com/x/iulzuyWY/ 1 day far ------ This Trend is with the reverse setting off: weekly overview: https://www.tradingview.com/x/do4kxm8o/ and the closer daily...notice that 2000 quad peak: https://www.tradingview.com/x/SkzGWtnE/ and yet closer view...see that bottom line under the sideways consolidation is like almost the same as previous...: https://www.tradingview.com/x/ZPOqHL8E/ finally the 10 min close up: https://www.tradingview.com/x/8JMkk2C4/ everything but the two arrows is the same from above...so you get a nice overall price consolidation with these lines...
Key Levels to Watch: 3370: Last week's high, key resistance 3355: Yesterday's U.S. session high, key resistance 3330–3333: Key Asian session support 3318–3320: Support 3300: Psychological round number; pivot level for the recent consolidation range 3287: Yesterday's U.S. session low, key support Main Intraday Trading Ideas: Buy on Pullbacks: Focus first on support around 3330–3333 during the Asian session. If this zone holds, bullish momentum remains intact. A breakout above 3350 could open the way to test the 3367 upper range resistance. Shorts Require Better Risk-Reward Setups: Look for reversal signals near 3350 if the resistance holds. If the price breaks below 3330, watch the 3318–3320 area for further short-term downside targets. ? If my insights have been helpful to you, or if you traded based on my ideas, please consider giving a like — it’s a great encouragement for me! Thanks for your support! Disclaimer: This is my personal opinion and not financial advice. Please manage your risk accordingly.
As you can see my indicators are pointing price up for a short while then down. looks like the market is going to be ranging for a bit. let's see how this plays out.
Not much to explain here...since so many these days can't last through even a half a paragraph....but, the two lines capture a decent amount of stuff and show the most recent action of today with the ping-pong whipsaw. Does it hit the question mark or stay in the lower parallel...it all depends on how Amazon and Apple can 'Tim cook-their books' and show the world that raging credit defaults and stagnating US with tensions going to hell around the globe doesn't matter. Would guess from Wed-Thursday that: Microsoft dips early and then trends sideways before a slight tilt down.... Meta just rips cause I have no idea how they achieve anything except cooking so... Qualcomm makes up a guidance that show modest 2nd half recovery after "The current tariff uncertainty is stabilized and the need for technology advancement outshines global tensions" or something to that affect. Amazon and Apple are a repeat of what I said before....Amazon will say they had strong buying heading into the tariffs but they see a slight pull back in consumer willingness to spend. Their cloud-whatever will somehow deliver them through the earnings call with some like 2.37% beat or some crap- but they will probably use 3 words that some algo doesn't want to hear and their stock will initially pop and then retrace the pop and pullback the equivalent move but to the downside. And lastly, Apple....don't care for them and will just say this- "We see strong foreign demand for the iPhone abroad with a high interest from India now that manufacturing will be shifted to that market(minus the fact it is only for the US market...all foreign production will be in China still and the "made in India" will be a quasi fulfillment slight of hand). While we are wading through the uncertainty of China-US relations in regard to tariffs- we see a sustained interest in iPhone sales with an increase in Apple cloud/whatever they call it- services maybe- from foreigners". So.......Apple goes initially down on some like margin metric being a miss or like revenue being like .8% off...but then Cook squeaks a fat steamer on the intercom which allows for the short reversal to the upside, which will kinda die out by next Monday. Or.....All the above get slammed and the puts go into the weekend happy. Check OptionCharts.io for the open interest for the 30th and may 1st...decent action on the put positions already hitting almost 3/4 million...also just be understanding that Wednesday may be window dressing day for monthly hedge fund/brokerage portfolio allocations...So if there are bad earnings they may dump stock to let their people know they aren't exposed as heavy...but if good earnings you may get a ripping short squeeze from them trying to load up their customers with the big 7...so be careful out there... Play with the money you have...and not with the money you can't afford to lose....for margins make marginal gains and massive losses when things go wrong- just see the Japanese Pensions unloading treasuries...some benefit...many lose... :) 5 min view: https://www.tradingview.com/x/oUVdRzxj/ Addition of one more parallel on the 30 min: https://www.tradingview.com/x/jUvXbkKA/ and a 5 min view of the one above on this week's lines: https://www.tradingview.com/x/CY3fbwrp/
- Broke out of consolidation and 0.98 resistance with gd vol. -Trendline support -retested 50EMA and holding. expected to break 21EMA and retest 1.31