US NAS100Preferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas.
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Can NASDAQ Hold 24,600 and Push to New Highs?Hey Traders, in tomorrow’s trading session we are monitoring NAS100 for a potential buying opportunity around the 24,600 zone. NASDAQ remains in an uptrend and is currently in a correction phase, with price approaching a key support/resistance level at 24,600.
Structure: The broader trend is bullis
US1OO signalling renewed buying momentum.The USNAS100 index gained 11.24 points (+0.04%), closing at 24,690. The index has formed a new bullish consolidation range after the close and has also broken out above the previous support zone, signalling renewed buying momentum.
Technical Outlook:
Major U.S. stock indexes bounced back from early
Nasdaq Short: Hit Fibo Target and Completed 5-wavesOver in this idea, I have updated the EW counts for Nasdaq and, using Fibonacci extension levels, determined that we have completed the final wave. The stop loss for this idea is above the all-time-high. In this case, the stop is set 30 points above the ATH. The take profit target is the previous wa
USNASDAQ100 Correction will Trigger growth at 25,000The US100 (NASDAQ) edged slightly higher on Tuesday, with the benchmark index hitting a fresh intraday high. Investors remained cautious, awaiting comments from a series of Federal Reserve speakers for further clarity on the future direction of monetary policy.
Technically, a false breakout below s
NASDAQ Futures (NQ) – Retracement Setup [Trade of Risk]Main dealing range bias remains long.
However, a projected retracement dealing range is forming inside the macro structure.
Price rejected the premium line (75%) with negative delta and LVN, showing lack of acceptance.
Short trade idea is framed as a risk trade, valid only if this micro range dev
Short Setup Alert – Risk/Reward ~1:3 (Trade at Your Own Risk)Instrument: US100
Entry: ~24,890 (breakdown below support/retest zone)
Stop-loss: ~24,980 (above recent high/invalidation)
Target: ~24,617
R/R = ~1:3
🥊 Rationale
Rejected strongly from resistance → failure to hold key area
Elevated selling volume on breakdown
Price structure shows potential
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Displays a symbol's price movements over previous years to identify recurring trends.