NASDAQ Technicals
NASDAQ (NAS100) Technical Analysis
Based on the 4 hour chart, NASDAQ (NAS100) is currently showing range bound price action, indicating a period of consolidation after a recent downtrend. This price behavior suggests a tug of war between bulls and bears, with neither side able to decisively break through key support or resistance levels.
Key Levels and Price Zones
The market is trading within a defined range. The key support zone is identified around 23,055 to 22,958. This is a critical area, as a clean break below it would signal a continuation of the previous bearish trend. The primary resistance zone is located between 23,309 and 23,418. This zone must be broken and held for a potential bullish reversal to be considered.
Bullish and Bearish Scenarios
* Bullish Scenario: For a bullish trend to resume, the price needs to break above the 23,418 resistance level. A confirmed breakout with a subsequent retest of this level as support could open the door for a move towards the higher resistance at 23,736. Traders should watch for a strong bullish candle closing above this zone and an increase in buying volume to confirm the breakout.
* Bearish Scenario: The bearish outlook remains intact as long as the price stays below the resistance zone. A break below the support zone around 22,958 would be a significant bearish signal. This could lead to a further drop toward the lower range's support at 22,690. A strong bearish candle closing below the support zone would provide confirmation.
Risk Management and Final Thoughts
Given the current consolidation, traders should be cautious about initiating new positions without clear confirmation. The most prudent approach is to wait for a definitive breakout above resistance or a breakdown below support. Trading within the range can be highly volatile and is generally considered higher risk. Placing stop loss orders outside of the key support and resistance zones is crucial to manage potential risks effectively. The current technical screenshot of NAS100 is one of indecision, and a significant move is likely on the horizon once one of the boundaries is breached.
NASDAQ 100 CFD
NASDAQ (NQ1!): Started Retracing Last Week. Will It Continue?Welcome back to the Weekly Forex Forecast for the week of Aug 18 - 22nd.
In this video, we will analyze the following FX market: NASDAQ (NQ1!) NAS100
The NASDAQ reached ATHs Tuesday, and retraced for the rest of the week. Will there be some
follow through to open next week? Wait for the market to tip its hand and show you strength or weakness.
If the highlighted +OB fails, look for sells.
If the OB holds, buys until a bearish BOS takes place.
Enjoy!
May profits be upon you.
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Disclaimer:
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NAS100 falls slightly but conditions are still bullish!NAS100 climbed in a steep ascending trend and my expectation is for a continuation, with an upside target at around 24,000.
It is still clearly moving inside the channel, as predicted previously in my idea:
At 24.000 is where it can become a decision point, where price might correct again, or it pushes more and that’s when we might see the move start to gain more momentum.
But if price breaks below the trendline with conviction, it would invalidate the bullish scenario, suggesting that the uptrend may pause or could even reverse short-term.
NAS100 Analysis – Bullish Channel Break & Retest in Progress📌 Key Highlights:
Bullish Channel Broken: Price failed to respect the upward trend channel. Although the candle bodies held above a support zone, price wicked through to test a lower level – indicating a weakening bullish structure.
Pressure Reversal Zone: Around 23,800, price ran out of momentum. Downward pressure entered the market, shifting the trajectory and breaking the previous bullish pattern.
Confirmed Zones via Retest: Each zone was respected by a clean retest, reinforcing their validity as support/resistance areas. This is textbook price action – confirming zones before continuation.
Current Candle Behaviour: The most recent green candle has no top wick, showing strong buyer conviction. However, the bottom wick is long, meaning bears are still present and applying pressure.
Decision Point: We’re at a critical moment. Will price break above this level to reclaim the channel — or reject and fill the imbalance left behind by the last bullish move?
📉 Scenario 1 – Rejection & Continuation Down
If price fails to break and close above this resistance, we could see a bearish continuation — potentially aiming for the next key support zone around 22,677.
📈 Scenario 2 – Bullish Recovery
If bulls maintain strength and close above this level with volume, we could see price climb back toward 23,500+ to retest the upper zone.
✅ Bearish Bias
Price broke below the bullish channel structure (a major technical shift).
Retests have confirmed lower zones — typical bearish continuation behaviour.
The current green candle has no upper wick (buyers trying to push), but a long lower wick shows bears are still active.
Downward pressure has already shifted momentum, and we’re now waiting to see if the zone holds.
🟡 However – Confirmation Needed
If price fails to break above this current resistance zone, then bearish continuation becomes confirmed.
If price closes strong above this level and reclaims the channel, the bias would shift neutral to bullish again.
📌 Final Bias Statement:
Bearish bias for now — unless price cleanly breaks back above the resistance zone. Current price action suggests a possible continuation down to fill the wick and test deeper support zones.
🧭 Watching for:
Candle body closures above or below key zones
Wick reactions showing liquidity grabs
Momentum shifts in volume
🔔 Stay sharp. Trade with confirmation, not emotion.
By AutoMarkets | Built. Not Begged.
Profit-taking hits NASDAQ100: Uptrend still intact? The NASDAQ100 extended its losing streak as investors keep taking profits in tech stocks
Advanced Micro Devices and Broadcom each lost around 1%. Intel slid over 7%. Apple , Amazon , Alphabet , and Tesla also posted losses. Market volume typically falls in late August, which can lead to wilder swings.
The index has now broken below 23,600 and is trading near 23,300, marking its steepest pullback since late June. The short-term trend that began in mid-July is still possibly intact, with higher highs and higher lows. However, volume on down days suggests sellers are active, which may reinforce near-term downside pressure.
Nasdaq 100 Analysis: Tech Stocks Face Sell-OffsNasdaq 100 Analysis: Tech Stocks Face Sell-Offs
As the chart shows, the Nasdaq 100 index fell by approximately 1.6% yesterday.
According to media reports, bearish sentiment has been fuelled by the approach of key events:
→ the release of the FOMC meeting minutes (today at 21:00 GMT+3);
→ Jerome Powell’s speech at the Jackson Hole symposium on Friday. Market participants are preparing for remarks from the Fed Chair on the trajectory of interest rates.
Notably, the S&P 500 declined less significantly, while the Dow Jones remained virtually unchanged. This suggests that:
→ tech stocks are heavily overvalued due to AI-driven hype;
→ capital shifted yesterday from risk assets (including cryptocurrencies) into so-called safe havens.
Could tech stocks continue to decline?
Technical Analysis of the Nasdaq 100
Analysing the Nasdaq 100 index chart on 5 August, we plotted the main upward channel (shown in blue). It remains valid, as since then the price has:
1→ reached the upper boundary, which (as often happens) acted as resistance;
2→ retreated to the median line, where volatility decreased (a sign of balance between supply and demand), but only briefly.
Yesterday’s low coincided with the lower boundary of the channel.
From a bullish perspective, buyers might rely on:
→ a resumption of the uptrend from the lower boundary (as was the case in early August);
→ support at the 50% retracement level after the A→B impulse (located around the current price area);
→ a rebound from the oversold zone indicated by the RSI;
→ support at the 7 August low of 23,250 (a false bearish breakout remains possible).
On the other hand: the price has confidently broken through the channel median and then accelerated downwards (a sign of imbalance in favour of sellers). This imbalance zone (which, under the Smart Money Concept methodology, is considered a bearish Fair Value Gap) could act as resistance going forward.
Given the pace of yesterday’s decline, we could assume that sellers currently hold the initiative. Should we see weak rebounds (in the style of a dead cat bounce) from the channel’s lower boundary, the likelihood of a bearish breakout could increase.
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USNAS100 | Geopolitical Tensions & Fed in Focus – Pivot at 23690USNAS100 Overview
Geopolitics dominates before the Fed takes the stage.
Putin’s position remains that Ukraine should cede all territory Russia has occupied — and even areas it has failed to capture in more than three years of fighting. This has been firmly rejected by Zelenskiy and European leaders, who will stand alongside him in Washington when he meets Trump later today.
Technical Outlook:
Price looks set to stabilize below 23690, which would extend the bearish trend toward 23435 and 23295.
A 4H close above 23690 would shift the outlook bullish, targeting 23870.
Pivot: 23690
Support: 23550, 23435, 23295
Resistance: 23870, 24090
NAS100 dropped on 1.32% on August 19NAS100 dropped on 1.32% on August 19 as market participants are waiting for Powell's key rate comments
The Nasdaq and S&P 500 dipped on August 19, led by tech stocks, as investors awaited Federal Reserve Chair Jerome Powell’s comments on interest rates at the Jackson Hole symposium (Aug. 21-23). Analysts, including James Cox of Harris Financial Group, suggest markets are bracing for a possibly hawkish stance from Powell. Interest rate futures indicate two 25 bps cuts this year, starting in September. Concerns also rose over AI stocks after OpenAI’s CEO Sam Altman called them a bubble in a recent "The Verge" interview.
The price continued to drop during Asian and early European trading hours and reached the SMA200 on 4-h chart. This moving average is a traditionally strong support. The further rebound towards 23,500.00 level is expected with a final target of 23,700.00.
NASDAQ: 10:1 R/R Setup - One More High Before Major CorrectionSharing my current outlook on NASDAQ with a high-probability setup offering exceptional risk-reward. 📊
**🎯 The Setup:**
I'm expecting one more push to new all-time highs from the yellow line around 23,000. This would offer a **10:1 risk-to-reward ratio** with the stop loss just below the recent low. 🚀
**📍 Yellow Line Logic:**
This level represents my experience-based zone just shy of the 0.786 Fibonacci retracement. I've observed that when price reaches the 0.786 level, it tends to result in a complete reversal more often than not. This yellow line sits in that "sweet spot" where buyers typically step in. 🎯
**📈 Chart Structure Support:**
The overall chart pattern suggests a higher probability of making new highs rather than a complete reversal from current levels. The structure is bullish despite the recent pullback. ✅
**🔄 Bigger Picture Scenario:**
After the anticipated new high, I expect a significant retracement back toward the previous high (red line area). However, this would likely be just a healthy correction before the bull run resumes for the remainder of the year. 📉➡️📈
**🧠 Key Insight:**
Sometimes the best trades come when the market gives you that "one more push" setup. The risk is small relative to the potential reward, making this a compelling opportunity if the setup materializes. 💡
📈 **This trade setup offers a risk-to-reward ratio of 10:1.** Without including fees, the breakeven win rate for this trade would be approximately 9.09%. Knowing these figures in advance helps me avoid emotional trading. 🧠
💡 **Pro Tip**: If you often find yourself trading based on emotions, I recommend doing this type of pre-planning and quantifying your setups before execution — it can be a simple yet highly effective improvement. ✅
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NASDAQ – Is the Top Finally In?In my past two NAS analyses, I argued that the index was overstretched and vulnerable to a deep correction. Even the fact that from the April bottom to mid-August it surged nearly 50% should have raised big red flags — that kind of move rarely sustains without a meaningful pullback.
At this moment, the technical picture has shifted significantly. The index has broken two critical levels:
1. The ascending trendline drawn from the recent low.
2. The horizontal support defined by the previous all-time high.
Losing both of these supports in quick succession suggests the bullish momentum is fading and a top may already be in place.
If this scenario unfolds as expected, selling pressure could intensify in the coming sessions. My first downside target stands in the 22,700 zone, with further weakness possible if the correction develops into a broader risk-off cycle.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
USTECH Long Opportunity USTECH has been making some bullish strides and continues the overall bullish trend. Last week, price broke above the major pivot level at $23680 and seems to be maintaining its bullish structure
Price is currently in a retracement and is testing the $23680 level where i am expecting a bounce to the upside in continuation with the bullish trend.
From the higher timeframes price is trading above all 3 SMA and in the bullish region of the RSI. on the 1 hour timeframe, price is maintaining its position above the Bullish support trendline and the 200 SMA which adds to the bullish move i am looking at.
Alternatively if price continues to move down, i am targeting the support level at $23520 where buyers are sitting and having enough momentum to push the market higher.
Looking for long positions from either the $23680 or alternatively the $23520 level.
USTEC: Likely continuation following pullbackNAS100 climbed a steep uptrend and my expectation is for a continuation as marked on my chart, with an upside target at around 24,300.
This area here is where it can become a decision point, either price finds support and bounces, or it breaks below, and that’s when we might see the move start to extend lower.
If I were to take a side here, I would definitely choose more upside, but again only price action should determine next move.
But if price breaks below the trendline with conviction, it would invalidate the bullish scenario, suggesting that the uptrend may pause or could even reverse short-term.
Just sharing my thoughts for the charts, this isn’t financial advice. Always confirm your setups and manage your risk properly.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NAS100 3 Drive Pattern Correction Wait For BoS📊 The NAS100 has pulled back after a strong bullish run and is currently facing some pressure 📉. I’m watching a three-drive pattern that appears to have extended into a fourth drive, followed by a corrective phase 🔄. From a smart money perspective, liquidity is often targeted after a strong expansion in trend — patterns like the three-drive can frequently lead to a deeper retracement before the continuation resumes. With that in mind, I’m anticipating the possibility of a further pullback before positioning for a potential long setup on a bullish break of structure 🚀 (not financial advice).
NAS100 - Stock Market Waiting for Jackson Hole Leak!The index is above the EMA200 and EMA50 on the 4-hour timeframe and is trading in its ascending channel. If the index corrects downwards towards the specified demand zones, you can buy Nasdaq with appropriate reward and risk.
According to a recent report from JPMorgan, the new U.S. tariffs could have significant repercussions for the American economy. The bank projects that these tariffs may reduce U.S. GDP by as much as 1% while simultaneously pushing inflation higher by up to 1.5%.
This year’s tariff hikes represent the largest increase since World War II, with the effective tariff rate rising to nearly 18%. With the expiration of tariff exemptions on imports under $800, consumer goods prices are expected to climb further.
JPMorgan has warned that both consumers and businesses may struggle to absorb these additional costs, raising the risk of stagflation. Meanwhile, monthly inflation has remained within the 0.3% to 0.5% range, suggesting that the Fed’s preferred inflation gauge could rise toward 3% to 3.5%.
As U.S. tariffs have surged to their highest levels in decades, revenues from these duties hit a record $28 billion in July. According to estimates by the Tax Foundation, tariff revenues could total about $2.2 trillion by the end of this decade. However, this is also expected to trim GDP by around 0.9%.
Research conducted by Yale University indicates that tariff policies could reduce annual household income by approximately $2,400, since part of these tariff costs are passed on to consumers by companies.
At the same time, Berkshire Hathaway, led by Warren Buffett, has made notable adjustments to its investment portfolio:
• It purchased 6.6 million shares of steelmaker Nucor.
• It added 5 million shares of healthcare insurer UnitedHealth.
• It fully divested its holdings in T-Mobile US.
• It trimmed its stake in Apple by 6.7%, reducing its position to 280 million shares.
Meanwhile, Goldman Sachs reiterated its outlook that the Federal Reserve will cut interest rates three times before the end of 2025. The projected reductions include three 25-basis-point cuts in September, October, and December. Additionally, two further cuts are expected in 2026, bringing the terminal rate down to the 3%–3.25% range. Markets have already increased their bets on a September rate cut. Recent weakness in inflation and employment data has paved the way for such accommodative policy measures.
Federal Reserve Chair Jerome Powell is scheduled to deliver a speech at the Jackson Hole Symposium on August 22, 2025—an event that has become an unofficial policy-setting platform. Analysts at Morgan Stanley expect Powell will attempt to temper market expectations for a 50-basis-point cut in September. Given the political pressures and mixed economic signals, Powell may only endorse a 25-basis-point cut, or potentially push back against easing altogether.
Any of these outcomes could disappoint markets, especially if Powell fails to deliver clear guidance. His speech may therefore play a decisive role in shaping U.S. monetary policy for the remainder of the year and could drive heightened volatility across markets.
Although this week’s economic calendar features several important housing and manufacturing reports, the spotlight will remain firmly on the Fed. On Tuesday, July housing starts and building permits data will be released. Wednesday brings the FOMC’s July meeting minutes, speeches from key Fed officials Waller and Bostic, and the official kickoff of the annual Jackson Hole Symposium.
On Thursday, markets will digest a packed set of data, including the Philadelphia Fed manufacturing index, weekly jobless claims, the preliminary August S&P Global PMI, and July existing home sales.
The highlight of the week will be Friday, when all eyes turn to Jerome Powell. His annual Jackson Hole speech is expected to provide fresh clues about the Fed’s policy trajectory—guidance that could strongly influence market direction in the weeks ahead.
NASDAQ After the Fireworks: Bearish Setup LoadedAfter the classic 4th of July rally, I stepped in on the short side of Nasdaq, targeting 22,000 and 21,400 zones. The market structure shows exhaustion, and with the cloud retest failing to hold new highs, I positioned accordingly.
Technical:
• Price stalled at prior expansion highs with tight compression near 23,000.
• Daily FibCloud offered resistance confirmation.
• Bearish risk-reward skew forms after extended rally and thin retraces.
• Volume divergence spotted.
Fundamentals:
Multiple overlapping uncertainties:
• Trump confirmed tariffs will take effect on August 1, threatening a 10% surcharge on BRICS-aligned nations.
• Treasury Secretary Bessent anticipates several trade deal announcements within 48h—but stresses quality over quantity.
• Bank of America maintains its base case of 0 rate cuts in 2025, citing strong economic data and sticky inflation risks.
The combination of tariff escalation, hawkish monetary expectations, and global trade friction creates a perfect backdrop for volatility and correction—especially in overextended tech indices like the Nasdaq.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
NASDAQ is Nearing the Intersection of The Trend with Resistance!Hey Traders, in today's trading session we are monitoring NAS100 for a selling opportunity around 23,875 zone, NASDAQ is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 23.875 support and resistance area.
Trade safe, Joe.
NASDAQ Potential Bullish ContinuationNASDAQ price action seems to exhibit signs of potential Bullish momentum as the price action may form a credible Higher High (after tarriff delays on the EU) with multiple confluences through key Fibonacci and Support levels which presents us with a potential long opportunity.
Trade Plan:
Entry : 21600
Stop Loss : 20550
TP 1: 22649
NAS100 4H Channel: Bounce or Breakdown?NASDAQ100 has been trending within a clean ascending channel on the 4H timeframe. We’re now sitting at a crucial decision point — the midline and horizontal support around 23,670.
This zone has historically acted as a strong S/R pivot. If price holds, we could see another bullish bounce toward 24,000+. But if it breaks and closes below, we may get a clean drop toward the bottom of the channel — with 23,200 and 22,663 as targets.
Plan:
• Wait for a 4H close above or below the 23,670 level
• Bullish scenario: Bounce toward upper channel (~24,300)
• Bearish scenario: Drop to lower channel boundary with incremental TP levels
Structure:
• 4H rising channel structure still intact
• Price testing midline zone
• Horizontal level at ~23,670 adds confluence
• No confirmed break of channel yet
Key Zones:
• Support: 23,670 (midline + structure support)
• Bullish flip zone: 23,967
• Bearish continuation zones:
‣ 23,200
‣ 22,994
‣ 22,663
NAS100 – Potential Short Setup After Sharp RallyOn the 5-minute chart, NAS100 has made a strong upward move following a sharp drop earlier in the session.
Price is now approaching a potential exhaustion point near 23,940–23,960. I expect a reversal from this zone, followed by a move back toward 23,725 and possibly lower.
Trade Plan:
Sell Entry: 23,940–23,960 zone after confirmation
Stop-Loss: Above 23,960
Take-Profit: 23,725 initial target; further downside possible if momentum continues
Notes:
Watch for reversal candlestick patterns or break of short-term structure before entering.
This setup is based on intraday momentum and may require fast execution.
US30 at the Turn: Buy Setup from the Pullback ZoneHey friends 👋
Here’s my latest analysis on US30 (Dow Jones). I’m watching a potential pullback into the zone I marked: 44,292 – 44,190. I plan to open a buy position from that range, targeting 44,692 as my take-profit level.
Every single like you send is a huge source of motivation for me to keep sharing these insights. Big thanks to everyone supporting with a tap of appreciation 🙏
NASDAQ (CASH100) is Approaching KEY ResistanceSince 15 May, the Cash100 has been trading within an upward channel.
It’s now approaching diagonal resistance — will it hold, or break higher?
On the chart, I have marked every time NAS has tested the diagonal resistance and failed to break through.
I’ll be watching this area closely for shorts.
What do you think: will NAS continue climbing, or is a reversal coming?