Nasdaq 100 trading signals

The last three trading sessions have appeared to be mirror images of the same trading strategy. Amazingly, there are players out there large players that still believe manipulation goes unnoticed and their tactics on how they manipulate is legal. Score one for the HFT — algo-computer traders. Eventually, arrogance will be the downfall of many.

The last three trading sessions all began the same way, lower prices and moderate 100 pressure. However, once that abated the markets spent the balance of the session marching back to unchanged and then higher into the close on fairly low volumes. The last 30 minutes of trade has become a war zone between the bulls and the bears — just watch the TICK to see how big the buyers and sellers are and how quickly they flood the market with orders.

It often does provide the nimble and quick trader with a rewarding trade. The chart below needs no additional explanation and is signals yet again to keep in perspective who has nasdaq motivation to keep it all going.

The broader indexes appear to still be in the process of finishing advances that began off of the mid June lows. Past discussions have included that the advance on an Elliott Wave basis has sub-divided numerous times and each of those subdivisions requires a sequence of small corrections followed by nasdaq additional run to new highs.

Is it possible — absolutely. If new highs are achieved I will update downside targets for the expected corrections. The size of the moves though remains the same as previously laid out. In the DJIA that would be a 5. With the strong support coming in over the past week I am leaning heavily in nasdaq of these corrections nasdaq waiting on the sidelines to begin.

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Trade Manager does the job across the board and is an essential trading tool that ensures that you take the maximum profit from all your trades. A newer member of the money management tools available from Indicator Warehouse is the Profit Finder — System Back Tester. When implemented it allows the user to: The last two points above are valuable tools to use. My point on money rotation and sector rotation is similar to that on parabolic moves that they happen with frequency within nasdaq time frames.

Allowing DTS to cleanly and beautifully capture the moves though any or all three DTS trading platforms. Our goal remains to assist traders to make greater profits during all types of markets.

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Continue to bear in mind nasdaq there are days when trading opportunities are not as plentiful. Or could they be demanding a complete capitulation by the shorts using this tactic as if it nasdaq a part of the surrender agreement. Off-loading massive amounts of risk takes a toll on a trader — yeah right! Bernanke and the FED continue to appear relaxed and in control and nasdaq this moment — the 10 year note and 30 year bond traders are no longer buying the hype or news.

The inevitable bursting of the weakening credit bubble seems to have been moved forward somewhat. And do not write off the controller of the printing press. There could still be a last gasp effort made by the Treasury to prop up the markets into next year. The graph below tells the story of who is long and signals has more at stake if the belief in the faith trading good credit of the United States takes a tumble or stumble — whatever. Some consolidation is necessary and the higher things go puts the odds for a higher velocity of the drop lower.

Which leaves the FED in a bind to turn seller without drawing too much attention — good luck with that! FB and BIDU both climbed to the topside of their respective ranges. Which in turn has likely created some short covering in other issues. This type of action though is likely to carry through the balance of earnings season at least until all the index titans have reported. Downside projections remain valid as previously discussed and should be updated if and when any of the indexes moves to a new high.

Treasuriesdropped into the next leg down. Both the year note and the 30 year bond 100 held at resistance and have now given up sufficient ground to lean near term down.

While there may 100 several additional days of hard selling, initially support could soften the blow and 100 moments to catch your breath. Gold and silver continued to unfold in the expected pull back.

The chart below of the gold August future has possible Fibonacci support zones. The to area could contain initial weakness before a bounce. Ultimately though I would expect the to area to be visited before a more pronounced bounce kicks in. In silver the pattern is not as positive, but the equivalent levels are In silver there is a greater risk of upside failure producing a stronger sell off than in the balance of the precious metals complex, so the support zones given may prove to be small resting spots on the way to below Here is an updated list of the markets where I have found that DTS all three birds are producing numerous signals.

If nothing else this hits home my point of how the markets will move to new all time highs on negative input. Bernanke as much as it had to do with position squaring in preparation for expiration.

What a difference a day makes, actually 6 hours. The bond market turned in retreat; the US Dollar perked up and 100 to rally as gold and silver held higher levels. All this against the backdrop of AMZN, NFLX, and TSLA getting clocked on rally attempts. On an Elliott Wave basis, the broader indexes have likely completed the 2 nd sub-division and started down to begin a little bit larger 4 th wave declines.

Ultimately the patterns will consist of 2 declines separated by an intervening rally. Rest assured though, this is highly unlikely at this point in time. Check back in the not so distant future for that message.

Not discounting the strong potential for a final gap up opening tomorrow morning SPX options will settle at the opening price the DJIA is likely headed lower before the uptrend picks up again. The potential for wave 4 is the neighborhood of a 5. In points that would be an to point decline.

In the near term a sweet little trading opportunity and in the long term a drop in the bucket. So it depends on your style or objectives with trading. Day traders will be glorious — position traders that are bearish will reveal in the downside, as position traders that are bullish signals scramble somewhat to protect positions. Where one sector follows another as the broader indexes drop in unison.

I continue signals view downside as corrective within an ongoing uptrend. However, having said that the downside will begin to expand its range as the degree of the 4 th wave declines increases to finish the series nasdaq sub-divisions previously discussed.

The opportunities for day trading should continue. The SPX carries the same potential as the other broader indexes in that a drop of 100 points is picking up in probability. That represents a decline of between 6. Again, while there will likely be points of strong downdrafts I fully anticipate additional new highs in the SPX for the mid-long term.

The Russell at several points during the expected 4 th wave correction will lead the way lower. In percentage terms the RUT carries the potential for a 7. I would anticipate, initially, somewhere in the middle to top of the range.

Point wise suggests a to point decline — or to The weakness in NFLX, TSLA, and AMZN would I believe continue. Trading opportunities will be plentiful and staying alert and continuing to adhere to your preset trading parameters and objectives should produce a near term period of strong gains.

Now is the time to keep alert as the trading opportunities will be numerous and present themselves in both directions. It is a matter of when not if. While some position trading will be highly profitable — I am continuing to find ample opportunities in day trading. Depending on your objectives a combination of day and position trading could prove very rewarding as the current patterns unfold.

I continue to recommend as the best trading platform available to a broader range of traders from novice to expert. Capitulation is a wonder to see in action. Bonds put in a stellar effort of showing support with both the year bond and year note climbing over a point intraday. The 100 was across the board sold with the Euro doing a kiss and run of the 1. Did I miss something? Irrational at times yes, but exuberance has been 100 with capitulation. On low volumes no less! The smorgasbord or plethora of opportunities for day trading should continue.

Elliott Wave Update click chart to enlarge. The NASDAQ is one of the few indexes that is trading likely to move to new highs above the high from March On an Elliott basis the NASDAQ is best viewed as tracing out a Cycle degree A-B-C counter trend rally to complete the larger recovery advance off of the October low at The chart above includes Fibonacci resistance points.

Next resistance stronger is at the Within the A-B-C countertrend advance the NDX is within the 2 nd half of wave C. Near term the NDX looks to be completing wave 3 of C setting the trading for a 4 th wave correction.

For the Elliott Wave geeks out there here is my current count: Cycle waves A and B are complete. Cycle wave C began in October and will consist of 5 waves of which wave 3 of C being 100 complete. The resolution will be a 4 th wave correction down and 5 nasdaq wave advance to finish C. A solid push through this level should clear the path for the rally to extend to next resistance at The longer-term picture remains bullish for the NASDAQ as the pattern in progress moves to completion.

Corrections may be short in duration with the rally jumping into action quickly. Also, as I have discussed previously I fully expect the NDX to reach new recovery highs on negative input. The longer-term charts are signaling new highs for the broader indexes before another correction kicks in. To continue the rally, the TBTF 100 must. Here is an updated list of the markets where I have found that DTS all three birds are producing numerous signals: Trading broader indexes took off with a vengeance after hours on Wednesday.

Signals Euro jumped to 1. The Bank of Japan left policy unchanged and cut their inflation forecast adding a boost. The treasury markets followed suit and quickly rose, as did the precious metals. Nonetheless, the moves themselves remain in line with current expectations regardless of the basis or velocity.

A fifth wave of cycle degree trading in March Thus far Cycle waves 1 and 2 are complete. Cycle wave 3 began in August and has thus far, subdivided 3 times. The resolution of which will consist of a series of 4 signals wave corrections trading and 5 th wave advances. The Russell is often the laggard and on those occurrences has found renewed life in catching up and taking the lead as has been the case over the last week or so.

This being the case I would expect this index to top signals and begin to show weakness as the next correction begins. Also, as I have discussed previously I fully expect the markets to reach new all time highs beyond most trading on negative input.

The trading opportunities will be numerous and trading themselves in both directions. It is a fascinating time to trade, a time that will rival the action at the end of to It is a matter of when not if this I am certain of. Russell Monthly Chart 10 years courtesy of Prophet Charts. The parent never really displays any threatening change until BAM — the hand that rocks the cradle comes swooping down. No trading, the financial lobby is working overtime up, down and all around the DC Belt Way giving pep talks on the improving economy in an attempt to force rates back into submission.

The monthly chart below continues to signals clear the strong potential for several additional new highs are still to come. The March low marked the completion of Supercycle Wave IV or Grand Supercycle Wave IV — more important is to understand that the ensuing advance will ultimately form five waves of Cycle degree to complete Supercycle Wave V which in turn completes a huge bull market covering more over a century of growth.

Previously I have discussed that within nasdaq larger moves waves the pattern will sub-divide and often within a third wave advance or declinethe pattern will sub-divide several times. The ultimate outcome of this type of pattern is a stair step type action in the direction of the larger trend.

In this case — up. Wave III has thus far sub-divided four times. The chart is labeled reflecting this. The result with is a series of new high followed by correction and a new high again three times as the pattern completes. Conservatively, the market has strong potential to break above 16, and could go as high as trading wave III is complete. The technical picture while getting near term overbought does support a push to new highs before even a smaller pull back occurs.

The stochastic oscillator is overbought on a monthly basis with the weekly chart clearly pointing higher from just below overbought. Implied volatility should fall as the rally continues — so do expect pockets of increased price volatility and the velocity of the move s to increase. Sector rotation is again in force with it appearing to continue to hit the mining stocks. The trading into technology stocks could get a volatility boost from Q2 earnings and guidance causing slips, slides, and avalanches in signals directions.

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Neither we nor any third parties provide any warranty signals guarantee as to the accuracy, timeliness, performance, completeness or suitability of the information and content found or offered in the material for any particular purpose.

You acknowledge that such information and materials may contain inaccuracies or errors and we expressly exclude liability for any such inaccuracies or errors to the fullest extent permitted by law. All information exists for nothing other than entertainment and general educational purposes. We are not registered trading advisors. Menu Home About Contact Coaching Partners Live Trade Room. NASDAQ Logical Market Update: Equity Index Market Update July 29, July 29, by Michael Filighera.

Equity Index Market Update The last three trading sessions have appeared to be mirror images of the same trading strategy. Equity Markets The broader indexes appear to still be in the process of finishing advances signals began off of the mid June lows. Immediately know signals impact of parameter changes. Russell future e-mini available — highly recommended can lead in either direction. Good Luck With That! DJIA Weekly click chart to enlarge Not discounting the strong potential for a final gap up opening tomorrow morning SPX options will settle at the opening price the DJIA is likely headed lower before the uptrend picks up again.

SPX Weekly click chart to enlarge The SPX carries the same potential as the other broader indexes in that a drop of to 100 is picking up in probability. Russell Weekly click chart to enlarge The Russell at several points during the expected 4 th wave correction will lead the way lower.

Near Term Outlook for NASDAQ July 11, July 11, by Michael Filighera. Near Term Outlook nasdaq NASDAQ — Perception Is Not Always Reality and Much Ado About Nothing! The chart below shows the current Elliott Wave count: Finishing, -5 of V of 3 of Nasdaq Cycle waves A and B are complete. Complacency levels must be restored as measured by implied volatility. The result would be the VIX moving back well below Any notice of a change in the Status Quo must be squelched.

Keep an eye on the Employment Numbers — If signals rate declines moderately to strongly within the states of New Jersey, Michigan, Illinois, North Carolina, Georgia, Kentucky, Tennessee. If California, Florida, Pennsylvania, and New York continue to improve same scenario. Near Term Outlook for Russell — Rallies Pick Up AfterHours — Dollar Crumbles July 10, by Michael Filighera. Near Term Outlook for Russell — Afterhours Madness — 100 Indexes, Bonds, Precious Metals Soar — Dollar Crumbles — The Power of the FED?

Hype is on the Rise! July 8, by Michael Filighera. Is Anybody Else Noticing? Diversified Trading System I continue to recommend as trading best trading platform available to a broader range of traders from novice to expert.

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