top of page
Search

150 TICK Nasdaq 100 Reversal Identified By Hawkeye WideBar

Speciale Analysis

Hey Trader,


150 TICK Nasdaq 100 Reversal Identified By Hawkeye WideBar



Welcome traders! I'm Anthony Speciale with Hawkeye Traders, and today I want to dive into an insightful discussion about the NASDAQ 100.


This is especially for our intraday traders who are always on the lookout for potential market shifts. The key to understanding these shifts lies in one crucial element: volume.


The NASDAQ's Impressive Uptrend


Recently, the NASDAQ 100 has been in a significant uptrend. Despite some morning volatility, the market broke past a prior high and surged nearly 400 ticks.


It's been a substantial move, and naturally, we all wish we could perfectly time the top and bottom of these trends.


However, trading isn't about being right; it's about making informed decisions based on evidence. This evidence comes from the relationship between volume and price action.


Recognizing Market Signals


Let's break down a recent market scenario. The NASDAQ made a strong push upward, eventually hitting a period of consolidation.


During this consolidation, our Hawkeye Pivots indicated resistance and support levels, leading to a notable breakout on high buying volume.


This breakout formed what we call a "wide bar." A wide bar is a critical signal for traders.


It indicates something abnormal in the market, often leading to immediate or significant reversals.


In this instance, after the wide bar appeared, the market saw a reversal, testing previous resistance and support levels.


This volume climax—a sudden, substantial increase in volume—screamed short-term or session reversal to me.


chart
Source: TradingView

Making Informed Decisions


Seeing a volume climax should trigger a thought process for any trader.


If you're long on the NASDAQ and witness this, it might be time to take profits or tighten your stop.


It's about having a plan and knowing how to react when the market gives you these signals.


For instance, if the next candle closes above the wide bar, we might expect continued upward momentum. If not, a reversal could be imminent.


During our LIVE session, we saw the market fall back after testing the high of the wide bar, reinforcing its potential significance as a session high.


The Importance of Volume and Price Action


Understanding the interplay between volume and price action is crucial. It can save you from significant losses and help you capitalize on market movements.


For example, had you recognized the wide bar and taken action, you could have avoided a 145-tick drop, protecting your profits or even considering a reversal trade.


Join Our Webinar


To help you master this relationship, I'm offering a webinar where we'll dive deeper into the dynamics between volume and price action.


In this session, I'll show you how to use our indicators on various trading platforms, whether you trade stocks, futures, forex, cryptocurrencies, or options.


The insights you'll gain are game-changing.


Below this post, you'll find a link to join the webinar.


Volume and price action are foundational to successful trading.


As someone who has tested numerous strategies, I can attest to the power of focusing on these elements.


Our Hawkeye indicators have transformed my trading, and I'm excited to share this knowledge with you.


In the webinar, you will:


  • Learn how to identify volume climaxes and potential market reversals.

  • Understand the importance of multi-timeframe analysis.

  • Discover how to use the Hawkeye indicators effectively on various trading platforms, including TradeStation, TradingView, NinjaTrader, and MetaTrader.

  • Gain access to the Hawkeye Volume Mastery series, a comprehensive library designed to enhance your trading skills.


Trading with a clear understanding of volume and price action, supported by reliable indicators, can give you a significant edge in the market.


By focusing on these core principles, you can develop a robust trade plan and improve your overall trading performance.


If you're ready to take your trading to the next level, click here to join the training webinar.


Bring a notebook, jot down your questions, and reach out to us with any inquiries.


Let's get the Hawkeye Volume Indicators set up on your charts and you access to the Hawkeye Volume Mastery Library so we can start mastering the market together!


We look forward to helping you revolutionize your trading journey.


Click Here to join the webinar and take the first step towards a more straightforward and effective trading strategy.


Thank you for being here, and I look forward to seeing you in the next video. God Bless!



Happy Trading,

Anthony Speciale

Speciale Analysis



Anthony and Anna Speciale

About the Author:

Anthony Speciale is a seasoned market analyst with over 13 years of experience trading. Through his platform, Speciale Analysis, he offers in-depth market analysis, interpretation, and expectations designed to help all types of traders, at every skill levels reach their full potential.



Analysis, Interpretation and Expectations


Day, Swing and Position Timeframes


Daily LIVE Market and Orderflow Analysis




NOTE: Trading involves significant risk, and it's essential to approach it with a well-defined strategy and a disciplined mindset. This blog post is intended for educational purposes and should not be considered financial advice. Always conduct your own research and consult with a professional before making an financial decisions. For further risk related information, please refer to: www.specialeanalysis.com/disclaimer

 
 
 

Comments

Commenting on this post isn't available anymore. Contact the site owner for more info.

Copyright © All Rights Reserved

​

The Speciale Foundation Corp.     -     ASJR Enterprises, LLC     -     Speciale Analysis     -     Speciale Venture Capital LLC     -     A&T Auto Repair, Inc.

​

By engaging in this site, emails, videos, social, purchasing or subscribing to products or services you are acknowledging complete disclaimer!

Complete Legal Disclaimer, Terms Of Use, Conditions and Privacy Policy Can Be See @ www.anthonyspeciale.com/disclaimer

​

By submitting this form or any form and/or contacting us in any manner, you Agree with and Understand all Disclaimers within complete site:

 

U.S. Government Required Disclaimer Stock, Futures, Forex & Options trading has large potential rewards, but also large potential risk and it is not appropriate for everyone. You must be aware of the risks and be willing to accept them in order to speculate in the Stocks, Futures, Forex, and Options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell any securities. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

 

CFTC RULE 4.41 Hypothetical or simulated performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.

​

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

​

Cryptocurrency Trading Cryptocurrencies on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before getting involved in Cryptocurrency trading you should carefully consider your personal venture objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial deposit and therefore you should not place funds that you cannot afford to lose. You should be aware of all the risks associated with Cryptocurrency trading, and seek advice from an independent financial advisor if you have any doubts. The information contained on this web page does not constitute financial advice or a solicitation to buy or sell any Cryptocurrency contract or securities of any type. Dyno Trading will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

​

You should fully understand the risks associated with trading futures, options, ETF’s and retail off-exchange foreign currency transactions (“Forex”) before making any trades. Trading futures, options, ETF’s and Forex involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more than your initial investment. Past performance is not necessarily indicative of future results.  NO FINANCIAL, INVESTING OR TRADING ADVICE OFFERED.

​

Hypothetical Results Hypothetical or simulated performance results have certain inherent limitations - unless noted otherwise that an image or any material discloses live money was used, results displayed or openly discussed are to be assumed simulated for educational purposes only. No live money brokerage accounts will be traded or displayed by request or otherwise.  Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

​

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

​

THERE IS RISK OF LOSS IN ALL TRADING. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. ALL RESULTS ARE HYPOTHETICAL. NO IMPLICATION IS BEING MADE THAT ANYONE UTILIZING ANY OF THE SERVICES OF DYNO TRADING HAS OR CAN OBTAIN SUCH PROFITS AND RESULTS. THIS INFORMATION IS NOT A RECOMMENDATION TO BUY OR SELL AT THIS TIME, BUT MERELY A PRESENTATION OF TRADING STRATEGIES. THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED FROM SOURCES BELIEVED RELIABLE, BUT IS NOT GUARANTEED AS TO THE ACCURACY OR COMPLETENESS. WE ARE SOFTWARE MARKETERS AND EDUCATORS ONLY. UNDERSTAND THAT TRADING OF ANY KIND IF RISKY AND YOU NEED TO CHECK WITH YOUR FINANCIAL ADVISOR TO DETERMINE IF TRADING IS FOR YOU.

​

UNDER NO CIRCUMSTANCES WILL THE COMPANY BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES WITH RESPECT TO THE SUBJECT MATTER OF THE AGREEMENT, LOSS OF DATA OR LOST PROFITS, REGARDLESS OF WHETHER OR NOT SUCH DAMAGES COULD HAVE BEEN FORESEEN OR PREVENTED.

​

Educational Purposes. All software materials and presentation materials are for educational purposes only. The information contained on this website or in any product or service that Speciale Analysis provides does not constitute financial advice or a solicitation to buy or sell any securities of any type. Speciale Analysis will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All Product Demos are distributed to potential customers via Video Screencast demonstrating the Software features.

​

You should fully understand the risks associated with trading futures, options, ETF’s and retail off-exchange foreign currency transactions (“Forex”) before making any trades. Trading futures, options, ETF’s and Forex involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more than your initial investment. Past performance is not necessarily indicative of future results.  NO FINANCIAL, INVESTING OR TRADING ADVICE OFFERED.

​

Copyright Notice: Images Unless Noted Otherwise Have Been Sourced From GOOGLE IMAGES, FOREX FACTORY, TRADING VIEW, OIL PRICE or have received written or verbal consent for use - this applies to all pages of this website, emails, marketing materials and/or social media posts.  

​

By submitting your information you are opting in to receive email promotions and text messages from us and you agree and acknowledge that you have read and agree to the terms of using this website, receipt of email offers, registration reminders and other communications mentioned here

​

​Clients are required to self-manage their reoccurring PayPal subscriptions - Speciale Analysis will not be held liable for any aspects of this task.

ALL SALES ARE FINAL - NO REFUNDS - NO PRORATES - NO EXCHANGES - NO CREDITS - NO EXCEPTIONS - NO EXCUSES - NO GUARANTEES - ENGAGE AT YOUR OWN RISK

bottom of page