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?
Ndxshort
Nasdaq: End of Bullish Wave, 10%+ Downside in Sight?Hey Realistic Traders!
Has CAPITALCOM:US100 (Nasdaq) Finally Peaked? A Reversal Signal Just Flashed. Is This the Turning Point Toward a Deeper Pullback?
Let’s dive into the technicals to see what the chart is really telling us.
Technical Analysis
On the daily chart, the Nasdaq is starting to show signs of weakness. A bearish divergence has formed between the MACD and price movement , which is a classic signal that bullish momentum may be fading. This often indicates the potential for a trend reversal or a deeper correction.
A recent drop, confirmed by a strong bearish full-body candlestick, suggests that selling pressure is increasing. If this continues, we expect a breakdown from the current bullish channel.
In this scenario, the extended Wave 3 may have reached its peak. A correction could follow, with the first target at 21484, which lines up with the 0.382 Fibonacci retracement level. If the decline continues, the next downside target would be around 20067, where a previous gap may be filled.
This bearish outlook remains valid as long as the price stays below 23800 . A move above that level would invalidate the setup and return the outlook to neutral.
Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Nasdaq.
NAS100 (CASH100) Short - Double top 30minThe 15min head and shoulders setup got invalidated.
However, my double top variables are currently being met.
Still need confirmation before entering trade.
Risk/reward = 2.7
Entry price = 23 284
Stop loss price = 23 331
Take profit level 1 (50%) = 23 173
Take profit level 2 (50%) = 23 129
What does everyone thing the NASDAQ is going to do today?
NASDAQ (CASH100) SHORT - head and shoulders 15minPotential short on nas100 (cash100) with head and shoulders on the 15min.
Still waiting for confirmation on some of my variables before I enter.
Risk/reward = 3.3
Entry price = 23 262
Stop loss price = 23 287.3
Take profit level 1 (50%) = 23 184
Take profit level 2 (50%) = 23 153
What do you guys and girls think the nasdaq is going to do?
NASDAQ (CASH100) SHORT - double top H6Risk/reward = 4.3
Entry price = 23 282
Stop loss price = 23 398
Take profit level 1 (50%) = 22 871
Take profit level 2 (50%) = 22 663
If current H6 goes back into range, I will open short position.
All variables on checklist have been met.
I was out last night so I missed my initial entry. Hoping for a second chance.
Hopefully this short works because the last few higher time frame short setups have failed, although because of exit plan I have made very little losses.
NAS100 (CASH100) SHORT - Double Top H8Risk/reward = 4.6
Entry price = 23 063
Stop loss price = 23 190
Take profit level 1 (50%) = 22 635
Take profit level 2 (50%) = 22 303
Still waiting for confirmation on some variables.
For example, need H8 candle to close in range and volume to validate, amongst other variables.
Short Position - NASDAQShort Position Entry: Consider initiating a short position if the Nasdaq-100 Index falls below 21,000.
Stop Loss (SL): Set a stop loss at 21,555 to manage potential losses.'
Market Sentiment: The combination of the Federal Reserve's cautious approach and rising inflation may contribute to a weakening market sentiment, potentially leading to a downward movement in the index.
his recommendation is for educational purposes only. Always consult your financial advisor before making any investment decisions. Stock trading involves risks, including the potential loss of capital. Ensure to evaluate your risk tolerance and conduct thorough research.
NASDAQ100 Plummets! Short Trade Nears Final Target!NASDAQ100 (NDX) Analysis:
NASDAQ100 (NDX) has seen a strong downward trend on the 15-minute chart, with the trade setup delivering impressive results. Targets 1 through 3 have been hit, and the price is closing in on the final TP4 level, making this an ideal short trade for traders leveraging the momentum.
Trade Summary:
Entry Level: 20429.42
Target Levels:
TP1: 20323.94 ✅
TP2: 20153.26 ✅
TP3: 19982.58 ✅
TP4: 19877.10 (nearly hit)
Stop Loss: 20514.76
The Risological Dotted Trendline guided traders perfectly through this short trade, marking a strong resistance level as the index continued its descent.
NASDAQ 100 Sinks on AI Cost Woes - Full Target Breakthrough HIT!NASDAQ 100 (NDX) Analysis using Risological Swing Trader:
In the 15-minute timeframe, NASDAQ 100 (NDX) demonstrated a powerful bearish move, with all targeted profit levels being achieved in a swift drop. This short trade setup showed significant follow-through as investor sentiment shifted negatively due to concerns over escalating AI expenses reported by Wall Street's megacaps.
Key Highlights:
Entry Level: 20,429.42
Target Levels:
TP1: 20,323.94
TP2: 20,153.26
TP3: 19,982.58
TP4: 19,877.10
Stop Loss: 20,514.76
Context:
This bearish momentum aligns with Wall Street’s close on a lower note as major tech giants highlighted rising costs linked to AI developments. The day's range fluctuated between 19,880.26 and 20,227.19, underscoring the volatility and risk aversion among investors. The setup capitalized effectively on this negative sentiment, reinforcing the bearish outlook.
Summary:
This trade on NASDAQ 100 hit all targets with precision, benefiting from the broader market's reaction to heightened cost pressures in the tech sector. This downward move underscores the impact of macroeconomic concerns on equity performance, particularly in high-cost sectors like AI.
U.S. Stocks' foreseeable goalsThe most important index for the reflection of the American Stocks market is the SP:SPX , so let's start with it. Unfortunately, now the chart of this index is not rich in models, so the current logic of movements in our opinion is described by the EXP model from July 30 on the daily timeframe👇
As long as the price is below the 4-point level (5 390.95), the target levels are 100% (5 125.93) and 200% (4 873.94). In case the price returns above the level of 4 point and goes beyond the trend line, there will be a second attempt to reach the target resistance level of 5 582.31 - the formally reached target of the impulse of August 1. It is necessary to mention that this pattern, despite being on the daily timeframe - is weak.
In addition, let's look at a chart of the NASDAQ:NDX - this index includes the 100 largest non-financial companies traded on the Nasdaq exchange, primarily technology stocks.
Consideration of this index is additionally interesting because most institutional managers consider BINANCE:BTCUSDT to be in the technology sector, so NASDAQ:NDX and BINANCE:BTCUSDT is often correlated.
First, let's look at the AMEXP model that formed in mid-March 2023 on the weekly timeframe and described the entire uptrend within the 2023-2024 period on this index👇
In this model we are primarily interested in the level of HP (18 289.68), currently acting as an extreme support on the weekly timeframe, and if the price can consolidate under this level, the next support will be the level of 100% (15 891.73).
More locally, on the daily timeframe, the current movement is described by the EXP model from July 24, where the price has already reached the first target level of 100% (18 355.48)👇
It is very interesting that now on NASDAQ:NDX the price has settled in the zone of 18 355.45-18 289.68 formed by 100% and HP levels and if we don't see a rebound soon and the price tries to consolidate under this zone, the next target level will be 17 296.42.
By the way, we do not exclude that the movement towards 17,296.42 will be accompanied by an attempt of CME:BTC1! to close the CME GEP at the level of $57,805👇
NDX / 4H / TECHNICAL ANALYSIS NASDAQ:NDX The support level at 16019 indicates the formation of a bearish wedge pattern and an AB=CD pattern. I have identified my targets on the chart based on these formations.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck