^NDX - NASDAQ 100
| Previous close | 7,528.11 |
| Open | 7,819.06 |
| Volume | 953,269,321 |
| Day's range | 7,763.09 - 8,110.66 |
| 52-week range | 6,771.91 - 9,736.57 |
| Avg. volume | 3,303,513,809 |
- FX Empire
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Bears Trying to Defend 7817.75 – 8098.50
Based on the early price action and the current price at 7804.25, the direction of the June E-mini NASDAQ-100 Index futures contract the rest of the session on Monday is likely to be determined by trader reaction to the 50% level at 7817.75.
- FX Empire
Stock Market Has Entered a 25-35year Crisis Cycle Re-evaluation Event
Today, we’re going to show you what the longer-term Adaptive Fibonacci Price Modeling system is suggesting for the S&P; and NASDAQ.
- FX Empire
The Coronavirus Continues To Impact The Financial Markets. Crude Oil And Equity Markets
Market volatility will continue until the spread of the virus abates. The numbers suggest that we are some way off…
- FX Empire
Weakness Appears To Be Setting For This Weeks Economic Data
As the world reacts to the global economic slowdown because of the COVID-19 virus event and the massive stimulus programs and central bank efforts to support the global economy, investors still expect weakness in the US and foreign markets.
- FX Empire
More Pain Ahead for US Investors Until Coronavirus Curve Starts Flattening
At this time, we stand by our forecast for a minimum 50% to 61.8% correction of the entire rally from 2009 to 2020. That’s the value area that will start bringing in the real buyers and not just the reactionary buyers.
- FX Empire
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Weak Close Suggests Pullback to 7261.00 – 7111.75
The price action on Friday suggests that all the money in the world isn’t that important to investors, but rather the end of the coronavirus pandemic.
- FX Empire
What Is Next & How To Trade SP500 & Nasdaq (2000 Top Flashback): March 27, 2020
See how this year’s market action is nearly identical to that of the 2000 market top.
- FX Empire
US Stocks Flat after Senate Approves Aid to Americans – Nice Gesture Ahead of Massive Layoffs and Recession
The early reaction by investors suggests investors aren’t too impressed by the package. However, when combined with the Fed’s moves earlier in the week, the market could garner some support.
- FX Empire
US Stocks Struggle Early after Tuesday’s Overcooked Rally
Some experts see a struggle for the economy and the stock market despite the huge rally on Tuesday and the stimulus help because there is no clear sign that the coronavirus outbreak will be contained soon.
- FX Empire
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Trend Changes to Up on Trade Through 7629.00
Based on the early price action and the current price at 7330.00, the direction of the June E-mini NASDAQ-100 Index the rest of the session on Tuesday will likely be determined by trader reaction to the pivot at 7128.75.
- FX Empire
Gold Forecast – The Last Great Buying Opportunity of This Decade
The paradigm shift I spoke about last year is unfolding before our very eyes. Precious metals will emerge from this crisis as the premier asset class for investors.
- FX Empire
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Looking for Acceleration to Upside Through 7470.75
The angle at 7470.75 has been guiding the index lower for 12 weeks. This angle is the potential trigger point for an acceleration to the upside with the next major target the short-term 50% level at 7958.50.
- FX Empire
S&P500, Nasdaq, Dow & Oil Analysis for March 18, 2020
All major US indexes have more downside potential this week but should find a bottom at these critical support levels and provide a new trade setup in equities soon.
- FX Empire
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Bearish Under 7426.50, Bullish Over 7726.75
Based on the early price action and the current price at 7474.25, the direction of the June E-mini NASDAQ-100 Index the rest of the session on Tuesday is likely to be determined by trader reaction to the first downtrending Gann angle at 7476.50.
- FX Empire
Fed Cuts Benchmark Rate to Zero, Launches Massive $700 Billion QE Program
The move by the Fed drove down U.S. Treasury yields, erasing the impact of last week’s moves by the central bank to shore up the financial markets. Lower yields weakened the dollar against all major currencies.
- FX Empire
Fed Intervened to Prevent Financial Crisis, Not to Save the Stock Market
The Fed didn’t intervene last week to save the stock market, it moved to save the financial system. And it probably made the best move at the right time. Just look at how many markets were impacted by its move to make liquidity available.
- FX Empire
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Crossed to Weak Side of Long-Term Retracement Zone
Based on the earlier price action and the current price at 7416.50, the direction of the March E-mini NASDAQ-100 Index into the close is likely to be determined by trader reaction to the main Fibonacci level at 7441.00.
- FX Empire
Market Drivers: Oil War And Italy Shutdown. Stocks Are Plummeting In Europe And The USA
It’s been quite a week for the global financial markets. The spread of the coronavirus to the West doesn’t just have governments scrambling but also the markets…
- FX Empire
Expect US Economy to Move from Solid to Shaky Ground
Over the near-term expect the U.S. economy to move from solid to shaky ground. We join other investors in expressing fear the coronavirus epidemic could derail the longest U.S. economic expansion in history, now in its 11th year, through disruptions to supply chains and exports.
- FX Empire
US Stock Market Overview – Stocks Drop an VIX Closes at Multiyear Highs
Airline stocks hit a three-year lows as consumers canceled trips and are cutting back on travel. Crude oil prices dropped more than 2% as concerns over demand offset an OPEC production cut. Crude oil prices dropped, weighing on energy shares demand destruction due to the spread of the coronavirus, offset a larger than expected cut.
- FX Empire
US Fed Panics – Predictive Modeling Shows You What’s Next
Our researchers believe the US stock market will set up a major bottom sometime between May and June 2020 (possibly a bit later) and from that point we expect the US markets to begin to move gradually higher.
- FX Empire
There’s Not Much Monetary Policy Can Do to Save Global Economy, but Fed Slashes Rates Anyway
Powell also said the Fed would continue to watch the coronavirus spread and would adjust policy accordingly, though he indicated that response would come in the form of rate cuts rather than additional asset purchases, or quantitative easing.
- FX Empire
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – First Upside Objective 8944.75 to 9137.75
Based on the early price action and the current price at 8832.75, the direction of the March E-mini NASDAQ-100 Index on Tuesday is likely to be determined by trader reaction to the steep downtrending Gann angle at 7839.00.
- FX Empire
Stock Market & Flu Breakdown Metrics – Where’s The Bottom?
We can’t make this warning clear enough for all of you right now – prepare for deeper downside price rotation and prepare for the potential of a Deflationary Recession event over the next 6+ months.
- FX Empire
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Trying to Build Support Base at 8628.50 – 8360.75
Based on the early price action and the current price at 8521.75, the direction of the March E-mini NASDAQ-100 Index the rest of the session on Monday is likely to be determined by trader reaction to the 50% level at 8628.50.
