Why There’s a 77% Chance the Nasdaq Will Fill the Gap Higher

And China Investors Buying Gold?!

There’s a 77% Chance the Nasdaq Will Fill the Gap, and China Buying Gold?   First, as always, I’ll be live at 9:15 a.m. ET for “Morning Monster”! There are secret buyers who are loading up on large quantities of gold. After the 5 trillion yuan stimulus announced last week, the gold speculation in China has exploded! Will this be enough to push gold to the next big level of $3,000 an ounce, or beyond?  Come join me as we dive in and see what is moving! Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day.    — — —  Why the Nasdaq Is Likely to Fill the Gap Higher Now, as we begin the fourth quarter of 2024, the market is showing a key technical setup that could signal a significant rally in the Nasdaq. While the S&P 500 faces tough resistance, the Nasdaq presents a potential breakout, fueled by a gap that was left behind during recent price movements. Historically, gaps like the one we’re seeing now tend to get filled, and in this case, the probability points toward further upside. According to historical data, the Nasdaq has a 76.92% win rate of reaching its target after triggering this setup.  With the Nasdaq currently sitting just above resistance, there’s a 5.8% potential rally ahead, and given that we’re still in a bullish market environment, the odds favor a continued push higher. This pattern has played out 39 times since 2010, making it statistically significant. The target sits about 5.5% higher from current levels, providing traders with a clear potential path to profit. Leveraged Plays Could Amplify Gains For traders using leveraged ETFs like TQQQ, this moment is particularly intriguing...  TQQQ’s setup shows a 94% historical win rate, with a profit factor that signals strong potential gains if the Nasdaq continues to rally. However, leverage is a double-edged sword — while it can amplify profits, it also increases risk, so caution is always warranted when using these products. S&P 500 Faces Resistance On the other hand, the S&P 500 has already hit its calculated target, but the index hasn’t broken out decisively above its resistance level. This could lead to a period of consolidation or even a minor pullback. If that happens, we might see a divergence between the Nasdaq and S&P 500, a situation traders should monitor closely for signs of a broader market shift. The market is at a critical juncture, with the Nasdaq showing clear potential for a rally while the S&P 500 struggles at resistance. The next few days will be key in determining whether the Nasdaq can fill that gap and push higher. For traders, particularly those using leveraged instruments, this could present a prime opportunity—but as always, manage risk carefully and stay alert for any market reversals. Now for your Daily Chart Setup! Today’s Daily Chart Setup: Logitech International (LOGI)     This idea came directly from my Daily Chart Setup that automatically signals potential plays.    • LOGI is a new potential entry. Target: 94.09 Stop below: 82.3 • LOGI has a historical win rate of 93.75% • LOGI has a profit factor of 9.758 • LOGI trades last 64 trading days on average over 16 trades since 1997. This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results. You can find full details on exactly how this works by scrolling down further in this newsletter.  Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube!   ‘Morning Monster’ Is Starting NOW! I’m also live at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time! And please hit that Subscribe button on my YouTube page! _____________________________________________________ Take a Look at This Document…      What you’re looking at is a “special amendment” from the U.S. Securities and Exchange Commission on Dec. 5, 2023… An amendment that allows us to target extra income over the weekend from the largest asset on the planet: gold! I’m talking about the chance to target $1,000 in extra income each weekend using ANY regular brokerage account (based on a $2K starting stake). That means while the rest of the world is left with nothing to show on Saturday and Sunday… We have an opportunity to target extra income over the weekend. The best part is that with all the bullish news around gold right now, including hitting all-time highs for the fifth time this year…   Check This Out The profits and performances shown are not typical and you may lose money. From 11/22/2023 - 9/26/2024 on live trades the win rate has been 76% with an average return of 28% (winners and losers) with an average hold time of 3 days. _____________________________________________________ How the Daily Chart Setup Works   Here’s a more detailed description of how the pattern triggers:   1. The price breaks upward through the orange Market Roadmap Line.  2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months.  3. Once it touches the line and starts moving back up, that signals an entry.  I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years! You can grab my Market Roadmap Indicator here for just $5 — less than a cup of coffee at most places! Jeffry Turnmire Jeffry Turnmire Trading I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday! Please check out my channel and hit that Subscribe button! I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader. I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me.  *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.

There’s a 77% Chance the Nasdaq Will Fill the Gap, and China Buying Gold?   First, as always, I’ll be live at 9:15 a.m. ET for “Morning Monster”!   There are secret buyers who are loading up on large quantities of gold. After the 5 trillion yuan stimulus announced last week, the gold speculation in China has exploded! Will this be enough to push gold to the next big level of $3,000 an ounce, or beyond?    Come join me as we dive in and see what is moving!   Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day.    — — —  Why the Nasdaq Is Likely to Fill the Gap Higher   Now, as we begin the fourth quarter of 2024, the market is showing a key technical setup that could signal a significant rally in the Nasdaq. While the S&P 500 faces tough resistance, the Nasdaq presents a potential breakout, fueled by a gap that was left behind during recent price movements.   Historically, gaps like the one we’re seeing now tend to get filled, and in this case, the probability points toward further upside. According to historical data, the Nasdaq has a 76.92% win rate of reaching its target after triggering this setup.    With the Nasdaq currently sitting just above resistance, there’s a 5.8% potential rally ahead, and given that we’re still in a bullish market environment, the odds favor a continued push higher.   This pattern has played out 39 times since 2010, making it statistically significant. The target sits about 5.5% higher from current levels, providing traders with a clear potential path to profit.   Leveraged Plays Could Amplify Gains   For traders using leveraged ETFs like TQQQ, this moment is particularly intriguing...    TQQQ’s setup shows a 94% historical win rate, with a profit factor that signals strong potential gains if the Nasdaq continues to rally. However, leverage is a double-edged sword — while it can amplify profits, it also increases risk, so caution is always warranted when using these products.   S&P 500 Faces Resistance   On the other hand, the S&P 500 has already hit its calculated target, but the index hasn’t broken out decisively above its resistance level. This could lead to a period of consolidation or even a minor pullback. If that happens, we might see a divergence between the Nasdaq and S&P 500, a situation traders should monitor closely for signs of a broader market shift.   The market is at a critical juncture, with the Nasdaq showing clear potential for a rally while the S&P 500 struggles at resistance. The next few days will be key in determining whether the Nasdaq can fill that gap and push higher. For traders, particularly those using leveraged instruments, this could present a prime opportunity—but as always, manage risk carefully and stay alert for any market reversals.   Now for your Daily Chart Setup!   Today’s Daily Chart Setup: Logitech International (LOGI)     This idea came directly from my Daily Chart Setup that automatically signals potential plays.    LOGI is a new potential entry. Target: 94.09 Stop below: 82.3 LOGI has a historical win rate of 93.75% LOGI has a profit factor of 9.758 LOGI trades last 64 trading days on average over 16 trades since 1997. This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results.   You can find full details on exactly how this works by scrolling down further in this newsletter.    Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube!   ‘Morning Monster’ Is Starting NOW! I’m also live at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time!   And please hit that Subscribe button on my YouTube page! _____________________________________________________ Take a Look at This Document…    What you’re looking at is a “special amendment” from the U.S. Securities and Exchange Commission on Dec. 5, 2023…   An amendment that allows us to target extra income over the weekend from the largest asset on the planet: gold!   I’m talking about the chance to target $1,000 in extra income each weekend using ANY regular brokerage account (based on a $2K starting stake).   That means while the rest of the world is left with nothing to show on Saturday and Sunday…   We have an opportunity to target extra income over the weekend.   The best part is that with all the bullish news around gold right now, including hitting all-time highs for the fifth time this year…   Check This Out The profits and performances shown are not typical and you may lose money. From 11/22/2023 - 9/26/2024 on live trades the win rate has been 76% with an average return of 28% (winners and losers) with an average hold time of 3 days. _____________________________________________________ How the Daily Chart Setup Works   Here’s a more detailed description of how the pattern triggers:   1. The price breaks upward through the orange Market Roadmap Line.    2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months.    3. Once it touches the line and starts moving back up, that signals an entry.  I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years!   You can grab my Market Roadmap Indicator here for just $5 — less than a cup of coffee at most places!   Jeffry Turnmire Jeffry Turnmire Trading   I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday!   Please check out my channel and hit that Subscribe button!   I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader.   I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me.    *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.

ABOUT US:  We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions. Unsubscribe This email was sent to phanxuanhoa60.trade1357@blogger.com by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States Prosperity Pub

ABOUT US:  We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions. Unsubscribe This email was sent to phanxuanhoa60.trade1357@blogger.com by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States Prosperity Pub