Nasdaq Slips as Traders Brace for Nvidia EarningsUSNAS100 | Overview
Traders remain firmly in risk-off mode as concerns grow over stretched AI and tech valuations ahead of Nvidia’s earnings, set for release after tomorrow’s market close.
Nvidia shares are already down about 1% in premarket trading, reflecting cautious sentiment across the tech sector.
At the same time, investors are watching for the resumption of key U.S. economic data, including the jobs report due Thursday, after recent shutdown-related delays.
There is growing worry that incoming data may discourage the Fed from delivering further rate cuts, adding pressure to equity markets.
Technically:
USNAS100 continues to trade under bearish pressure, and as long as the price remains below 24760, the downtrend is expected to continue toward 24575.
A break below 24575 would open the next bearish targets at 24340 and 24150.
To shift into bullish movement, the index must close a 1H candle above 24880, which would signal a rebound toward 25010 and 25230.
Key Levels
Pivot Line: 24760
Support: 24575 · 24340 · 24150
Resistance: 24880 · 25010 · 25230
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Nasdaq Hits Resistance: Pullback Before the Next Bullish Move?📊 Nasdaq – Technical Setup & Market Catalysts
The index recently tested a previously unfilled Fair Value Gap (H1 timeframe) and swept liquidity from last week’s accumulation — a process that often precedes new directional moves. The move cleared many trapped positions and reset the orderbook.
Currently, Nasdaq is sitting below a strong resistance zone; price appears to be weakening, which increases the probability of a short-term pullback toward the Previous Day Low (PDL) to collect more liquidity before any further upside attempt.
Momentum indicators and price structure suggest caution: while the general uptrend remains, a lack of upward acceleration and signs of hesitation point toward a possible consolidation or retracement.
🌍 Fundamental & Macro Context
Optimism remains in markets thanks to rising investor expectations of a rate cut by the Federal Reserve (Fed) this December. This sentiment supports risk assets, and tech stocks in particular — historically sensitive to interest rates and discounting future earnings.
However, some analysts warn that valuations in the tech sector — which heavily influence Nasdaq — are rich relative to earnings. The forward P/E ratio sits well above long-term averages, increasing vulnerability if economic data disappoints or if rate cuts are delayed.
Broader macro conditions remain fragile: global yield curves and bond markets show signs of stress, which could add volatility. Also, inflation trends and upcoming U.S. data releases could shift sentiment quickly.
🎯 What to Watch Next
Pullback zone: Look for support near the PDL or recent liquidity area — potential buying zone if price stabilizes.
Breakout zone: If Nasdaq breaks above resistance with strength and volume, upside is open toward higher targets set pre-rally.
Catalysts: Fed rate-cut expectations, upcoming economic data (inflation, employment, PMI), and tech sector earnings will influence direction strongly.
US100 / NASDAQ TodayNasdaq 100 (NDX) Analysis - December 3, 2024
Based on today's market data, here's a comprehensive analysis of the Nasdaq 100:
Today's Performance
The Nasdaq 100 is currently trading around 25,513 points. The index closed at 25,555.86, gaining 213.01 points (+0.84%) as of 5:16 PM EST on December 2.
Today's Trading Range:
Opening: 25,449.87
High: 25,622.58
Low: 25,369.36
Volume: 380,862,001
52-Week Performance
Over the past 52 weeks, the index has ranged from 16,542.20 to 26,182.10, representing an 18.91% gain over the past 12 months.
Technical Signals
Based on technical indicators and moving averages, the daily buy/sell signal is "Strong Buy".
2024 Performance Context
The Nasdaq-100 finished 2024 higher by 25% following a return of nearly 54% in 2023—its best two-year stretch since 1998 and 1999—and eclipsed 20,000 for the first time.
However, December saw a reversal with approximately three out of every five indexes experiencing losses, averaging down 4.0%. This followed the Fed's hawkish tone, as it reduced the number of expected rate cuts in 2025 to two from four.
Recent Index Reconstitution
On December 13, 2024, Nasdaq announced that Palantir Technologies, MicroStrategy, and Axon Enterprise will be added to the index effective December 23, 2024, while Illumina, Super Micro Computer, and Moderna will be removed.
Market Context
The index is currently navigating a period of consolidation after reaching near-record highs. Key factors influencing the market include Federal Reserve interest rate policy, valuations of mega-cap tech stocks (particularly the "Magnificent 7"), and ongoing developments in AI technology.
DISCLAIMER: This analysis is for informational purposes only and should not be considered financial advice. Trading in financial instruments involves significant risk, including the potential loss of principal. Past performance does not guarantee future results. Market conditions can change rapidly, and the information provided may not reflect real-time market movements. Always conduct your own research and consider consulting with a qualified financial advisor before making any investment decisions. The author is not a financial advisor and assumes no responsibility for any investment decisions made based on this analysis.
2 DEC 2025: US100 MARKET RECAPJUST JOURNALLING
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NAS100 DAILYNAS100 Technical Analysis (Daily Chart)
chart presents a medium-term bearish outlook, followed by a long-term bullish reversal. combining Fibonacci retracements, cycle timing (bars/days), moving averages, and wave projections to create a full market roadmap.
Below is a structured analysis:
1️⃣ Current Market Structure
NAS100 reached a major top near 26,000 before reversing.
Price broke below the short-term trendline and is dropping toward deeper support.
The red zig-zag pattern reflects expectation of continued selling pressure.
This suggests the index is entering a medium-term correction.
2️⃣ Fibonacci Levels (Key Zones Identified)
chart uses multiple retracements:
Current swing retracement levels
0.25 – 23,869
0.5 – 21,383
0.75 – 18,993
These levels match the projected downward path.
Major support zone
Large green rectangular zone near 16,300 – 17,000
This is aligned with:
Long-term Fibonacci support
Previous accumulation zone
Blue dotted long-term rising trendline
This zone is likely the macro bottom of the cycle.
3️⃣ Moving Averages (Trend Signals)
using:
Green MA (short-term)
Red MA (medium-term)
Blue MA (200-day long-term)
Current price is:
Breaking below the green and red MAs
Approaching the 200-day MA around 21,000
A break under the 200-day MA confirms a total trend shift to bearish.
4️⃣ Cycle Timing (Bars/Days)
chart marks three key cycles:
🔹 From the top to first support:
31 bars, 43 days
🔹 Next consolidation period:
30 bars, 42 days
🔹 Full correction phase to the bottom:
105 bars, 147 days
This indicates a highly structured time cycle, showing the correction may last until August–September 2026.
5️⃣ Expected Bearish Phase (Primary Scenario)
red path suggests:
Continued decline from current levels
Multiple lower highs and lower lows
A temporary bounce around 21,800
Then deeper drops toward 18,600 – 19,000
Extended capitulation down to the 16,300 zone (major support)
This zone is highlighted heavily, suggesting it is final bearish target.
6️⃣ Recovery Phase (Bullish Scenario)
After the bottom:
🟦 Bullish reversal zone: 16,300
The blue dotted line indicates:
A multi-month recovery
Strong upside momentum
Reestablishment of a long-term bullish trend
Possible return to previous highs later
This forms a textbook "macro correction → macro rally" cycle.
7️⃣ Summary of Your Market View
📉 Short-Term Bias: Strongly Bearish
Market breaking structure
Cycle timing supports continued decline
Price heading for deeper Fibonacci levels
📉 Medium-Term Bias: Bearish
Expecting multiple waves of selling
Target zone: 18,600 then 16,300
📈 Long-Term Bias: Bullish
After the cycle completes, NAS100 should resume its uptrend
Blue dotted projection shows a long rally into late 2026 and 2027
✔️ Final Outlook
chart shows a well-planned, detailed scenario:
A multi-leg correction
Followed by a strong, long-term bullish cycle
The 16,300 zone is the “macro bottom”
Timing suggests bottoming around August–September 2026
analysis is consistent, logical, and follows smart technical principles.
NAS100 H4 | Bullish Bounce OffMomentum: Bullish
Price has bounced off the buy entry, which is acting as pullback support, and is currently trading above the Ichimoku cloud.
Buy Entry: 25,185.75
Pullback support
Stop Loss: 24,903.03
Pullback support
38.2% Fibonacci retracement
Take Profit: 25,829.99
Pullback resistance
145% Fibonacci extension
High Risk Investment Warning
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Nasdaq 100 – Technical & Fundamental OutlookTechnical:
Nasdaq is holding a recovery structure after bouncing strongly from 24,300. Price is stabilizing above 25,200, but the index still struggles to break above 25,400–25,500, a key short-term supply zone.
Fundamental:
Tech sentiment improves with expectations of rate cuts and solid earnings outlook, but macro uncertainty keeps volatility high, especially around U.S. labor and inflation data.
Key:
Holding above 25,200 keeps bullish momentum alive.
Rejection at 25,500 could trigger a pullback.
NAS100 — 25,458 Liquidity Sweep, Target Revised to 24,989The NAS100 has completed a clear liquidity sweep at 25,458, taking out the previous swing high before rejecting the zone. This move confirms that the breakout above 25,458 was only a liquidity grab, not a structural shift. As long as price remains below this swept level, the bias stays bearish.
The rejection from 25,458 suggests that the market has collected buy-side liquidity and is now positioned to move toward the opposite side of the range. The first reaction zone is 25,054, but this level is likely to act only as an intermediate pause. The true downside magnet is now 24,989, where a deeper liquidity pool resides (lows + imbalance).
Key Level
25,458 — Sweep Liquidity Zone (bearish invalidation if reclaimed)
Targets
25,054 — Interim level
24,989 — Main target
NAS100 – Price Rebounds but Faces a Strong Supply Zone AheadNAS100 has recovered from recent lows with steady upward momentum, but price is approaching a key supply zone around 26,050 – 26,150, an area where strong selling pressure previously reversed the market.
As long as price remains below this zone, bullish continuation may be limited. A clean breakout and consolidation above 26,150 would open the door for further upside, while rejection from this level could trigger another corrective move back toward 25,200 – 25,000.
For now, NAS100 is in a recovery phase but still trading below major resistance.
US100: Short Signal Explained
US100
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell US100
Entry - 25404
Stop - 25436
Take - 25348
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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US100 Technical Analysis! SELL!
My dear followers,
I analysed this chart on US100 and concluded the following:
The market is trading on 25404 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 25303
Safe Stop Loss - 25465
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
Hanging man monthly candleIf we draw fib from November 2021 peak to October 2022 bottom we can see strong reaction from 1.272 and 1.618 levels. The next important fib is 2.618 at 27000 level, so many people may expect Nasdaq to reach that level and get some correction from there. But it can fail to reach it.
We just got a solid hanging man candle on November close. We may see a higher high on S&P500 and a lower high on Nasdaq in December - just like in 2021.
Nasdaq-100 Wave Analysis – 28 November 2025
- Nasdaq-100 broke resistance zone
- Likely to rise to resistance level 0.3000
Nasdaq-100 index recently broke the resistance zone between the round resistance level 25000.00 and the resistance trendline of the daily down channel from October (which encloses the previous primary ABC correction 2).
The breakout of this resistance zone accelerated the active short-term impulse wave 1 of the intermediate impulse wave (1) from November.
Given strong daily uptrend, Nasdaq-100 index can be expected to rise to the next resistance level 26250.00 (former top of wave (5) from October).
NAS100 – Quick Technical OutlookNAS100 continues its strong rebound after the sharp drop from the 21st. Price has now broken above the 25,350 level, showing sustained bullish momentum with higher highs and higher lows forming throughout the week.
If buyers maintain control, the next resistance sits around 25,500–25,550. A failure to hold above 25,300 could trigger a pullback toward 25,150 before any continuation.
Momentum favors the upside as long as structure remains above the recent breakout zone.






















