^NDX - NASDAQ 100
| Previous close | 7,635.40 |
| Open | 7,652.52 |
| Volume | 494,598,044 |
| Day's range | 7,606.28 - 7,681.56 |
| 52-week range | 5,895.12 - 7,851.97 |
| Avg. volume | 2,126,265,625 |
- FX Empire•3 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Weekly Chart Strengthens Over 7551.00, Weakens Under 7439.75
Based on last week’s price action and the close at 7504.75, the direction of the September E-mini NASDAQ-100 Index this week is likely to be determined by trader reaction to the Fibonacci level at 7551.00.
- FX Empire•3 days ago
Index Prediction System is telling us a very Different Story
As of today, the NQ has already moved upward by over 400 points since the end of May. This price advance equaling our expected data range would suggest that the upward price move in the NQ may be very close to ending.
- FX Empire•5 days ago
Adl Predicts Expected Range of the Nasdaq before Breakout
One result is predicting an upward price bias over the next 2 to 4 months whereas the second result is predicting a sideways price result over the same period of time.
- FX Empire•6 days ago
Trade War has Escalated into a Battle for Stimulus
All the markets’ attention is focused on the US & China Retail Sales and Industrial production.
- FX Empire•7 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Found Support Inside 7410.25 to 7521.00 Retracement Zone
Based on Thursday’s action, the direction of the June E-mini NASDAQ-100 Index early Friday is likely to be determined by trader reaction to the main Fibonacci level at 7521.00.
- FX Empire•7 days ago
US Stock Market: Muted Response to CPI Data Suggests Investors Want More Than One Rate Cut
This means that investors aren’t likely to take the markets much higher until they see the Fed’s rate projections following next week’s meeting. In other words, the next leg up in the stock market hinges upon whether the Fed hints at 2 or 3 rate cuts later this year.
- FX Empire•8 days ago
US Stock Market Overview – Stocks Slide Led Lower by Energy Shares, Utilities Buck the Trend
CPI comes out in line with expectations
- FX Empire•8 days ago
US Stock Market: Investors Take Early Breather Ahead of Next Week’s Fed Decisions
If you’re looking for a reason for the across the board reversals on Tuesday, look no further than position-trimming ahead of next week’s two-day Federal Reserve policy meeting.
- FX Empire•9 days ago
Powell Makes Recession, Inverted Yield Headlines Disappear with One Comment
Powell took the wind out of the argument for a recession because as you should know by now, the Fed is pretty powerful. With the stock market rallying and believe it or not, the President threatening more tariffs on China, stocks are on a roll again and within striking distance of their all-time highs.
- FX Empire•10 days ago
US Stock Market Overview – Stocks Rally Led by Technology, Utilities Bucked the Trend
Monday mergers buoy US equities
- FX Empire•10 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – June 10, 2019 Forecast
Based on the early price action, the direction of the June E-mini NASDAQ-100 Index the rest of the session is likely to be determined by trader reaction to the main Fibonacci level at 7521.00.
- FX Empire•12 days ago
Weekly Wrap – Stats, Monetary Policy and Trade Sentiment Drove the Majors
A shift in FED sentiment towards monetary policy and hopes of progress in trade talks drove the majors in the week.
- FX Empire•13 days ago
US Stock Market Overview – Stocks Surge With One of Biggest Weekly Rallies of the Year
Weak payroll data drives stocks higher
- FX Empire•13 days ago
Asia Markets, US Futures Edge Higher Ahead of US Labor Market Report
This week’s stock market performance, in the wake of the on-going trade dispute between the United States and China, and the new tariffs on Mexico, clearly shows that investors are counting on the Fed and to a lesser-extent, the European Central Bank to cut rates or provide additional stimulus measures sooner than previously thought.
- FX Empire•13 days ago
Stocks Post Strong Gains, but Will Strong NFP Report Dampen Need for Rate Cut?
On Tuesday, Powell made the jump from telling investors to be “patient” about the direction of interest rates to saying the Fed will “act as appropriate to sustain the expansion.” According to some, it’s not the current economic situation that is causing the worries, but rather the future due to the uncertainty over how the trade dispute against China will play out over the long-run.
- FX Empire•14 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Key Level to Watch into Close is 7291.25
Based on the late session price action, the direction of the June E-mini NASDAQ-100 Index into the close is likely to be determined by trader reaction to the 50% level at 7291.25.
- FX Empire•16 days ago
US Stock Market Overview – Stocks Surge on Oversold Bounce
Dovish Fed comments help buoy equity markets
- FX Empire•17 days ago
Accommodative Fed Will Rescue Stock Market
So far, the selling in the stock market has been orderly. I believe this is because the Fed has investors convinced that any slow-down in U.S. economic growth, accompanied by a low-inflation environment will encourage the U.S. Federal Reserve to cut rates. Low interest rates and accommodative Fed policy will eventually right the ship and slow down the selling pressure.
- FX Empire•19 days ago
Weekly Wrap – Stats and Trade Round off a Dire Month
A bearish week rounds off a bearish month, with economic indicators and Trump delivering an inverted U.S Treasury yield curve.
- FX Empire•20 days ago
Adaptive Price Modeling Suggests Big Rotation In Us Dow Stocks
I have been pouring over the longer term charts as we’ve started to see Oil and Gold move in directions that would indicate increased fear throughout the global markets while a contraction in economic activity/oil prices appears to be setting up for another big move.
- FX Empire•21 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – May 30, 2019 Forecast
If the early upside momentum continues then look for buyers to take a run at the Fib level at 7314.75. This is followed by a downtrending Gann angle at 7353.00. If there is no follow-through to the upside then look for sellers to attack yesterday’s low at 7183.25.
- FX Empire•21 days ago
US Q1 GDP Report Could Be Non-Event Because Traders Are Already Pricing-in Weaker Second Quarter
Again, don’t try to anticipate the data, let the Treasurys dictate the move. Like I said before, the report contains dated information so it’s possible we’ll see a muted reaction to the news. The futures markets are already pricing in a weaker economy and a Fed rate cut later in the year. Try to avoid getting trapped on the wrong side of this report.
- FX Empire•22 days ago
US Stock Market Overview – Stocks Drop but Settle off Their Lows as Yield Curve Inverts
US yields hit fresh 2-year lows
- FX Empire•22 days ago
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – May 29, 2019 Forecast
Based on the early price action, the direction of the June E-mini NASDAQ-100 Index futures contract is likely to be determined by trader reaction to the Fibonacci level at 7314.75.
- FX Empire•22 days ago
Falling Yields Spreading Fear to US Stock Market
Yields are plunging because investors are seeking shelter in bonds. Unlike previous drops in interest rates that have driven investors into stocks because of their higher yield, this time, investors are reallocating their money into Treasurys, which has contributed to the 4% drop in the S&P 500 Index in May.
