US100 trade ideas
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NSDQ100 ovrsold rebound supported at 23350US equities advanced, with the S&P 500 +0.41%, closing just shy of record highs, as solid US data offset Fed uncertainty. Conference Board consumer confidence (97.4 vs. 96.5 exp) and core capital goods orders (+1.1% vs. +0.2% exp) signaled resilience, while the Richmond Fed index (-7 vs. -11 exp) improved.
Focus today is Nvidia earnings, which could be pivotal for NASDAQ 100 given its AI leadership and sensitivity to US-China trade tensions. Asian tech strength overnight reflects bullish positioning ahead of results.
Meanwhile, hedge funds are running record shorts in VIX, betting on low volatility—an extreme stance that has historically preceded sharp market moves, something to watch around Nvidia’s release.
In the UK, BoE’s Mann argued for keeping rates high for longer, but impact is limited for US tech trading focus.
For NASDAQ 100: near-record highs, tech sentiment riding on Nvidia, but positioning risk in volatility markets could amplify any surprise.
Key Support and Resistance Levels
Resistance Level 1: 23700
Resistance Level 2: 23830
Resistance Level 3: 23920
Support Level 1: 23350
Support Level 2: 23250
Support Level 3: 23100
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Nasdaq Intraday AnalysisOn the chart, Nasdaq is consolidating above crucial psychological support of 23500, creating a bullish cup & handle pattern
However, the prices despite Governor Cook's news failed to break the 0.618 Fib level (23586),
Still, Trump’s firing of Fed Governor Lisa Cook has created majority in the Fed, which has risen prospects of deeper rate cuts.
And lower rates historically support tech stocks.
Therefore, if prices breaches the immediate resistance at 0.618 Fib level (23586), then the US tech index will continue its bullish momentum toward 23756–23,970.
What Indicators are indicating:
1) RSI is hovering in the buying zone near 58, showing momentum is recovering but not yet overbought — room for further upside.
2) Bollinger Bands are widening slightly and turning their trend toward up-side, hinting at increasing volatility and potential for breakout trades.
Overall bias: Buy on dips toward 23500–23450 zones with targets at 23756 and 23950 intraday.
US equities advanced despite concerns over Fed independence
Despite the uncertainty following President Trump’s dismissal of Fed Governor Cook, USTEC advanced slightly.
President Trump dismissed Fed Governor Cook due to allegations of mortgage fraud, raising concerns over the Fed's independence. JPMorgan warned the move could set a precedent for politically driven dismissals of other board members.
Meanwhile, the August CB Consumer Confidence Index rose to 97.4, indicating a more positive outlook on current conditions. However, 12-month inflation expectations rose from 5.7% to 6.2%, while the share of respondents viewing jobs as plentiful decreased from 29.9% to 29.7%.
USTEC has risen above both EMAs, signaling an attempt at a trend reversal. The narrowing distance between EMA21 and EMA78 suggests a potential shift toward bullish momentum. If USTEC holds above both EMAs, the index may gain upward momentum toward the resistance at 23700. Conversely, if USTEC falls back below both EMAs, the index could retreat toward the support at 23300.
US100 / NASDAQ Technical AnalysisThe Nasdaq index is currently trading near 23,400, heading for a price correction after its recent rally.
🔻 Bearish Scenario:
If the price remains consistently below the 23,400 area, it will likely test the 23,200 level, which is a potential bounce zone.
🔺 Bullish Scenario:
Should a rebound signal appear and the price successfully breaks and holds above 23,560, this could support a continued rally toward 23,800.
Nas100 Breakdown with Trade Setup🕰 Weekly Structure
Price has completed a Wave (3) high and is now transitioning into a corrective Wave (4) phase.
The broader market cycle suggests sell-side liquidity is being targeted before any new impulsive leg higher.
The EMA structure is still bullish long-term, but retracements are healthy after extended rallies.
Key downside zones:
21,985 – 22,135 (mid-support pocket)
16,962 – 16,353 (deeper retracement if correction extends)
📉 Daily Timeframe
Current daily candles are rejecting the upper levels after tagging swing-high liquidity.
Price is consolidating near the swing range support line (~22,700–23,200).
Buyers are defending the level marked by the green triangle, aligning with a previous Wave (3) pivot.
If this level holds, we may see a relief rally targeting 23,800–24,200 before deciding the next move.
⏱ 1H Short-Term View
Price recently tapped into sell-side liquidity (SSS) and bounced from the 71% fib retracement + demand zone.
A change of character (ChoCH) is visible from the highlighted yellow candle, indicating buyers are stepping in.
Expect a possible bullish leg toward 23,800 – 24,000 if higher-low structure confirms.
If 23,200 fails, downside liquidity sits at 23,000 → 22,700.
🎯 Trade Plan
Bias: Short-term bullish relief rally inside larger corrective Wave (4).
Entry Zone: 23,200 – 23,400 demand retest.
Target 1: 23,800 (SS liquidity pocket)
Target 2: 24,000–24,200 (daily resistance)
Invalidation: Sustained close below 23,000 → opens path to 22,200.
📌 Summary
NAS100 looks corrective after a strong multi-month bullish wave. Near-term, liquidity sweep setups favor a bounce into 23,800+ as long as 23,000 holds. Medium-term, Wave (4) correction could extend deeper into 22k–20k levels before the next major bullish wave.
US100 / NASDAQ Technical AnalysisThe Nasdaq index is currently trading near 23,430, heading for a correction after a recent price rally.
🔻 Bearish Scenario:
If the price remains below the 23,450 area, it may head toward testing 23,200, which is a potential bounce zone.
🔺 Bullish Scenario:
If we see signs of a rebound and the price successfully breaks and holds above 23,580, this could support a continued rally toward 23,800.
NAS100 - Bearish Setup!Markets gaps to fill, starting off in the higher time frame price plumeted from the supply zone. From there we had a strong support thats been formed.
We are AIMING for that support zone. Change Of Character HAS been created already giving me confirmation to look for selling opportunities in this market range.
Reacting of the smaller supply zone I will be anticipating a 71% retracement back into the supply to fill imbalance before shorting into that support that we suggested would be our target.
Good luck to anyone that follows
Nasdaq's Bearish Drift: Key Levels in FocusFenzoFx—Nasdaq's short-term trend is bearish. Friday's rally eased after the price filled the fair value gap with resistance at $23,569.00. Today, NQ displaced below the recent lows, currently trading inside the bullish FVG.
There is a relevant equal low at $23,012.00. From a technical perspective, the bearish outlook remains valid if the price holds below $23,569.00. In this scenario, we expect the market to fill the FVG with immediate support at $23,277.00.
Furthermore, if the selling pressure persists, Nasdaq could sweep the equal low by targeting the support at $22,950.00.
Nasdaq Eyes the 23,700 Resistance Ahead of NVDIA EarningsOn the Nasdaq front, all eyes are on NVIDIA’s Q2 earnings, with expectations for revenue around 45.9B and EPS between 1.00–1.01. While enthusiasm around AI continues to drive tech optimism, concerns remain over tariff risks with China, particularly regarding potential backdoors or tracking technologies in NVIDIA chips. These risks could limit revenue potential from the Chinese market
Nasdaq's rebound from the 22,900 mark appears sustainable, with daily RSI holding above the 50 neutral-barrier. A clean hold above 23,700 and 24,100 could pave the way toward new highs at 24,400 and 24,700, in line with continued AI-driven growth.
Downside: A break below 23,200, 22,900, and especially 22,700 would signal broader tech sector weakness, potentially aligning price action with 22,300 and 21,900 support zones.
Written by Razan Hilal, CMT
NAS100USD Analysis – POC Magnet, Demand Zone🔎 Context
Price action on NAS100USD is currently trading within a clearly defined range between the Value Area High (VAH) and Value Area Low (VAL) . Volume Profile highlights a key Point of Control (POC) around 23150 – the price level where the highest amount of trading volume has accumulated in this range.
In Smart Money terms, we also have a refined demand zone forming below, with the proximal line aligning closely above the POC. This overlap strengthens the case for the POC acting as a "magnet" and a potential support base.
⚡ Key Levels
Value Area High (VAH) : ~23880 – range resistance.
Value Area Low (VAL) : ~23010 – range support.
POC : ~23150 – high-volume node, magnetic level.
Proximal Line : Sitting just above POC, marking the edge of demand.
Refined Demand Zone : 22950 – 23050 region.
🏗 Structural Insights
A major structural failure occurred earlier near 23880, confirming supply above.
Price swept liquidity below 23050 before aggressively reclaiming the range.
Current trading sits just above POC and proximal, showing buyers defending.
A break and acceptance above 23510 (mid-range) opens the path back to VAH at 23880.
✅ Trade Scenarios
Bullish Case (Continuation to VAH)
If price sustains above 23516 and holds above the proximal/POC cluster, we can expect a continuation toward VAH (23880).
Targets: 23880 (VAH) → potential extension toward swing high.
Bearish Case (POC Magnet + Demand Retest)
Failure to hold above proximal/POC may drag price back into the POC magnet zone at 23150.
If momentum weakens further, a retest of the refined demand zone (22950 – 23050) is likely.
Below VAL (23010), imbalance could drive a deeper correction.
📌 Conclusion
The confluence of POC (fair value) and proximal demand (structural support) makes 23150 a pivotal level. Holding above it favors a continuation toward 23880 VAH , while a rejection would likely see price revert back to demand.
This setup showcases how Volume Profile levels (POC/VAH/VAL) can be combined with SMC concepts (demand zones & structural breaks) to create a high-probability framework.
💡 Trade safe, manage risk, and always wait for confirmations around these key levels before execution.
nas100 on fire📊 NASDAQ 100
The market has recently reacted from the weekly pd arrays (internal lq) now market will hunt buy sides liquidity (external lq) and bellow my expectition using a differnt concepts po3, weekly profile, pd arrays matrix ,weekly and daily bias... new weekly opening gap will be a good zone for buys oppotunities .... follow me to get analysis day by day