nas bullnas will continue bullish momentum to the major resistance levels after this lower time frame consolidation .. not financial advice
US100 trade ideas
NASDAQNASDAQ is showing strength as price reacts from a key weekly support zone, aligning with the latest COT report indicating increased institutional long positions. This confluence supports a continued bullish outlook.
watch 23,280–23,755 for the next impulse
### 🧭 US100 – Daily Game Plan
**Timeframe:** 1D (structure) + 4H (triggers)
**TL;DR:** Price is coiling near a prior swing zone. I’m watching a break-and-retest for continuation, or a failure back into the range for a mean-revert move. Not financial advice—educational levels only.
---
#### 📊 Market Picture
* Trend on higher TFs remains **up** while price holds above the most recent higher-low area.
* Momentum cooled after the last impulse; candles tightened → **volatility compression**.
* The **50-day MA** sits just below current structure and is my bull/bear divider.
> **Chart setup I’m using:** AlgoFlex Ai S&R indicator (free indicator based on our Ai Model), a simple swing-structure tool (HH/HL/LH/LL).
---
#### 🧱 Key Areas I Care About
* **Resistance box:** prior swing high cluster (where we failed last attempt).
* **Support box:** last demand wick + 50-DMA zone.
* **Line in the sand:** a daily close beyond either box sets the next leg.
*(Mark these boxes on your chart before trading—numbers change daily; structure doesn’t.)*
---
#### 🎯 My Playbook
**Continuation (bullish):**
1. 4H **close above resistance box**
2. **Retest holds** as support
3. Enter on reclaim with risk below the retest low → scale at prior highs / round number
**Fade/Breakdown (bearish):**
1. Rejection wick at resistance **or** daily **close below support box**
2. Look for **lower-high** on 4H to confirm shift
3. Target the 50-DMA first; deeper move only if structure stays weak
---
#### ⚠️ Risk Management
* No entries into high-impact news (FOMC, CPI, NFP).
* Size ≤ 1R per idea; invalidate quickly if we close back inside the range after a breakout.
* If the first breakout is a **fake-out**, stand aside and let structure reset.
---
#### 📚 Education Note
This post is for study and discussion. Everyone manages their own risk and decisions.
---
#### 🧰 About My Tools
I develop **AlgoFlex**—a suite of **invite-only TradingView scripts**: **Scalping, Forex, Commodities, Indices, Crypto**.
**One subscription = full access.**
If you want to explore how I build these setups, check my **profile → Scripts**
---
👍 If this helped, drop a like/comment and tell me which timeframe you want next (4H or 1H).
\#US100 #Nasdaq100 #PriceAction #SupportResistance #50DMA #RiskManagement #AlgoFlex
NAS100 Comprehensive Technical Analysis & Daily Trading Strategy# NAS100 Comprehensive Technical Analysis & Daily Trading Strategy
**Current Position**: 23,514.5 (Aug 23, 2025, 12:50 AM UTC+4)
* 🎯 Executive Summary
Multi-theory convergence analysis indicates NAS100 at critical inflection point with 65% probability of upward continuation to 24,000-24,600 zone, contingent on breaking 23,640 resistance.
---
# 📊 MULTI-TIMEFRAME TECHNICAL ANALYSIS
**INTRADAY ANALYSIS (5M - 4H)**
**5-Minute Timeframe Analysis**
** Candlestick Patterns
*Current Formation**: Potential inside bar consolidation
*Key Patterns to Watch**: Hammer/Doji near 23,500 (bullish), Shooting star above 23,580 (bearish)
*Volume Confirmation**: Required for breakout validation
** Technical Indicators
*RSI(14)**: ~48-52 (Neutral zone, watch for divergence)
*VWAP**: 23,508 ± 15 (Dynamic S/R level)
*Bollinger Bands**: Squeeze pattern suggesting breakout imminent
*EMA(20)**: 23,495 (immediate support/resistance)
**15-Minute Timeframe Analysis**
** Harmonic Patterns
*Active Pattern**: Potential ABCD completion at 23,350-23,380
*Butterfly Pattern**: Target projection 24,580-24,650
*Fibonacci Confluence**: 61.8% retracement at 23,420
** Wyckoff Analysis
*Phase**: Testing phase after potential accumulation
*Volume**: Decreasing on declines (bullish sign)
*Price Action**: Higher lows formation developing
*Next Expected**: Markup phase if 23,450 holds
**30-Minute Timeframe Analysis**
** Elliott Wave Count
*Primary Count**: Wave (4) correction nearing completion
- Wave A: 23,690 → 23,350
- Wave B: 23,350 → 23,580 (current)
- Wave C Target: 23,200-23,300
*Alternate Count**: Wave (5) impulse beginning
- Target: 24,200-24,600
** W.D. Gann Analysis
*Square of 9**: 23,490 and 23,625 critical levels
*Time Theory**: Next major turn window Aug 26-28
*Angle Theory**: 1x1 Gann line at 23,200 (major support)
**1-Hour Timeframe Analysis**
** Ichimoku Kinko Hyo
*Tenkan-sen (9)**: 23,520 (resistance)
*Kijun-sen (26)**: 23,465 (support)
*Kumo Cloud**: 23,420-23,480 (support zone)
*Chikou Span**: Above price action (bullish)
*Future Cloud**: Bullish twist expected in 26 periods
** Moving Averages Confluence
*SMA(50)**: 23,380
*EMA(50)**: 23,425
*WMA(50)**: 23,448
*Golden Cross Formation**: EMA crossing above SMA (bullish)
*# **4-Hour Timeframe Analysis**
** Advanced Pattern Recognition
*Head & Shoulders**: Potential inverse H&S with neckline at 23,580
*Flag Pattern**: Bullish flag consolidation after impulse move
*Support/Resistance**:
- Major Support: 23,200-23,300
- Minor Support: 23,420-23,465
- Minor Resistance: 23,580-23,625
- Major Resistance: 23,690-23,750
---
# 📈 SWING ANALYSIS (4H - Monthly)
**Daily Timeframe**
*# Elliott Wave Analysis
*Supercycle**: Wave (III) of Grand Supercycle in progress
*Cycle**: Wave 3 of (III) potential completion
*Primary**: Wave (4) correction expected
- Target: 22,800-23,200 (38.2%-50% Fibonacci)
- Duration: 3-8 weeks
- Pattern: Likely flat or triangle
*# Wyckoff Market Structure
*Phase**: Distribution testing vs. Reaccumulation
*Volume Profile**: High volume nodes at 23,300 and 22,800
*Composite Man Activity**: Accumulation signs if above 23,200
*Spring/Upthrust**: Watch for false breakdowns below 23,200
*# Gann Time & Price Forecasting
*Time Cycles**:
- 90-day cycle: Peak expected late August
- 180-day cycle: Next major turn October 2025
*Price Squares**:
- 23,400 = 153² ÷ 10
- 24,000 = 155² ÷ 10
- 25,000 = 158² ÷ 10
**Weekly Timeframe**
*# Long-term Elliott Wave
*Grand Supercycle**: Wave III from 2009 lows
*Supercycle**: Wave (3) extension phase
*Cycle**: Wave 3 of (3) nearing completion at 25,000-26,000
*# Harmonic Analysis
*Shark Pattern**: Completion at 25,200-25,400
*Crab Pattern**: Deep retracement target 20,800-21,500
*ABCD Extensions**: 1.618 projection at 26,000
* **Monthly Timeframe**
*# Macro Elliott Wave Structure
*Primary Degree**: Wave (5) of III in progress
*Intermediate**: Wave 3 of (5) targeting 28,000-30,000
*Minor**: Current correction within larger impulse
*# Gann Annual Forecasting
*2025 Projection**: 24,000-26,000 year-end target
*Seasonal Tendency**: Q4 traditionally strong for tech
*Master Time Cycle**: 7-year cycle supportive through 2026
---
# 📋 KEY LEVELS & TARGETS
**Critical Price Levels**
*# Immediate (Next 48 Hours)
*Ultra Resistance**: 23,690-23,750
*Strong Resistance**: 23,625-23,640
*Minor Resistance**: 23,580-23,600
*Pivot Point**: 23,514 (current)
*Minor Support**: 23,465-23,480
*Strong Support**: 23,420-23,450
*Ultra Support**: 23,350-23,380
*# Short-term (1-2 Weeks)
*Bull Target 1**: 24,100-24,200
*Bull Target 2**: 24,600-24,800
*Bear Target 1**: 23,000-23,100
*Bear Target 2**: 22,600-22,800
*# Medium-term (1-3 Months)
*Primary Upside**: 25,000-25,500
*Extended Upside**: 26,000-26,800
*Primary Downside**: 21,500-22,000
*Extended Downside**: 20,000-20,500
---
# 📅 DAILY TRADING STRATEGIES (WEEK OF AUG 26-30, 2025)
**MONDAY, AUGUST 26, 2025**
*# Market Context
*Gann Time Window**: Major turn date (High probability reversal)
*Volume Expected**: Above average due to Monday open
*Key Events**: Watch for gap up/down at open
*# Intraday Strategy
**Pre-Market Analysis (Before 9:30 AM EST)**
*Gap Assessment**:
- Gap Up >23,550: Look for continuation to 23,625
- Gap Down <23,480: Target 23,420 support
*Volume Profile**: Confirm with higher volume for gap sustainability
**Morning Session (9:30 AM - 12:00 PM EST)**
**Setup 1: Breakout Play**
*Entry**: Break above 23,580 with volume
*Stop Loss**: 23,530
*Target 1**: 23,625
*Target 2**: 23,690
*Risk/Reward**: 1:1.8
**Setup 2: Support Bounce**
*Entry**: Bounce from 23,450-23,465 zone
*Stop Loss**: 23,420
*Target 1**: 23,520
*Target 2**: 23,580
*Risk/Reward**: 1:2.6
**Afternoon Session (12:00 PM - 4:00 PM EST)**
**Setup 3: Range Trading**
*Buy Zone**: 23,465-23,485
*Sell Zone**: 23,565-23,585
*Stops**: Outside range by 25 points
*Scalping Opportunity**: 5-15 minute timeframes
**Daily Risk Management**
*Max Risk**: 2% of account
*Position Size**: Adjust for increased volatility (Gann date)
*News Watch**: Fed officials' speeches, tech earnings
---
**TUESDAY, AUGUST 27, 2025**
*# Market Context
*Technical Focus**: Follow-through from Monday's action
*Volatility**: Expected to decrease from Monday
*Pattern Completion**: Watch for harmonic pattern triggers
*# Intraday Strategy
** **Pre-Market Setup**
*Trend Continuation**: If Monday bullish, look for higher lows
*Reversal Signs**: If Monday bearish, watch for oversold bounce
** **Trading Sessions**
**Setup 1: Trend Following**
*Bullish Scenario**:
- Entry: Pullback to 23,500-23,520
- Stop: 23,465
- Targets: 23,625, 23,700
*Bearish Scenario**:
- Entry: Rally to 23,540-23,560
- Stop: 23,590
- Targets: 23,450, 23,380
**Setup 2: Wyckoff Spring/Upthrust**
*Spring Play**: False break below 23,420, quick reversal
*Upthrust Play**: False break above 23,640, quick rejection
*High probability setups with tight stops**
---
**WEDNESDAY, AUGUST 28, 2025**
*# Market Context
*Mid-week Dynamics**: Typically consolidation day
*Technical Pattern**: Triangle/flag pattern completion expected
*Volume**: Usually lower, range-bound trading likely
*# Intraday Strategy
**Setup 1: Breakout Preparation**
*Consolidation Range**: 23,480-23,580
*Volume Spike Required**: For any breakout attempt
*False Breakout Fades**: High probability trades
**Setup 2: Scalping Strategy**
*Timeframe**: 5-15 minutes
*Range**: 23,500-23,550
*Multiple small profits**: 15-25 point targets
*Tight stops**: 10-15 points maximum
---
**THURSDAY, AUGUST 29, 2025**
*# Market Context
*Elliott Wave**: Potential completion of correction wave
*Momentum Building**: For Friday breakout
*Options Activity**: Weekly expiration influence
*# Intraday Strategy
**Setup 1: Pre-Breakout Positioning**
*Accumulation Zone**: 23,450-23,500
*Distribution Zone**: 23,580-23,630
*Position for Friday's move**
**Setup 2: Momentum Trading**
*Morning Gap**: Trade in direction of gap
*Volume Confirmation**: Essential for sustainability
*Extended Targets**: If momentum strong
---
**FRIDAY, AUGUST 30, 2025**
*# Market Context
*Week-End Positioning**: Major moves often occur
*Monthly Close**: Important for larger timeframe analysis
*High Volume Expected**: Options expiration
*# Intraday Strategy
**Setup 1: Weekly Close Play**
*Above 23,580**: Bullish for next week, target 23,700-23,800
*Below 23,450**: Bearish setup, target 23,300-23,200
*Volume Crucial**: For weekly close significance
**Setup 2: Gap & Go/Gap & Reverse**
*Gap Analysis**: Size and volume determine strategy
*Large Gap**: Look for exhaustion and reversal
*Small Gap**: Expect filling and continuation
---
# ⚠️ RISK MANAGEMENT FRAMEWORK
**Position Sizing Formula**
*Conservative**: (Account Size × 1%) ÷ Stop Loss Distance
*Moderate**: (Account Size × 2%) ÷ Stop Loss Distance
*Aggressive**: (Account Size × 3%) ÷ Stop Loss Distance
**Daily Limits**
*Maximum Daily Loss**: 3% of account
*Maximum Positions**: 3 concurrent trades
*Win Rate Target**: >55% (Given R:R ratios)
**Technical Stop Levels**
*5M Chart**: Beyond recent high/low + spread
*15M Chart**: Beyond support/resistance + 15 points
*1H Chart**: Beyond key levels + 25 points
*4H Chart**: Beyond major levels + 40 points
---
# 📈 PROBABILITY MATRIX & SCENARIOS
**Scenario Analysis**
*# **Bull Case (65% Probability)**
*Catalyst**: Break above 23,640 with volume
*Targets**: 24,100 → 24,600 → 25,000
*Timeline**: 2-6 weeks
*Volume Profile**: Above average confirmation needed
**Consolidation Case (25% Probability)**
*Range**: 23,200-23,700
*Duration**: 4-8 weeks
*Pattern**: Triangle or flag formation
*Resolution**: Eventually bullish
**Bear Case (10% Probability)**
*Catalyst**: Break below 23,200 with volume
*Targets**: 22,800 → 22,200 → 21,500
*Timeline**: 3-10 weeks
*Warning Signs**: Distribution volume patterns
---
# 📊 WEEKLY PERFORMANCE TRACKING
**Key Metrics to Monitor**
*Win Rate**: Target >55%
*Average Risk/Reward**: Target >1:2
*Maximum Drawdown**: Limit to 5%
*Sharpe Ratio**: Track risk-adjusted returns
*Best/Worst Days**: Analyze for patterns
**Weekly Review Questions**
1. Were stop losses appropriate for volatility?
2. Did volume confirm price movements?
3. Which timeframe analysis was most accurate?
4. What patterns repeated throughout the week?
5. How did news events impact technical levels?
---
# 🚨 CRITICAL ALERTS & WATCHPOINTS
**Immediate Alerts (Next 24-48 Hours)**
*23,640 Break**: Bullish acceleration likely
*23,420 Break**: Correction deepening
*Volume Spike**: >150% average confirms breakout
*News Flow**: Fed communications, tech earnings
**Weekly Watchpoints**
*Elliott Wave Count**: Validation/invalidation levels
*Harmonic Pattern Completion**: Entry opportunities
*Gann Time Windows**: Reversal probability
*Wyckoff Phases**: Institutional behavior clues
**Monthly Considerations**
*Seasonal Patterns**: September historically weak
*Options Expiration**: Third Friday volatility
*Earnings Season**: Individual stock impacts on index
*Federal Reserve**: Policy meeting outcomes
---
**⚡ FINAL NOTE**: This analysis represents a convergence of multiple technical methodologies. Always combine with fundamental analysis and maintain strict risk management. Market conditions can change rapidly, requiring strategy adjustments.
For those interested in further developing their trading skills based on these types of analyses, consider exploring the mentoring program offered by Shunya dot Trade.(world wide web shunya dot trade)
I welcome your feedback on this analysis, as it will inform and enhance my future work.
Regards,
Shunya.Trade
world wide web shunya dot trade
⚠️ Disclaimer: This post is educational content and does not constitute investment advice, financial advice, or trading recommendations. The views expressed here are based on technical analysis and are shared solely for informational purposes. The stock market is subject to risks, including capital loss, and readers should exercise due diligence before investing. We do not take responsibility for decisions made based on this content. Consult a certified financial advisor for personalized guidance.
Nasdak FULL BUYwe are going bullish soon be ready to take off , the nasdaq is fundamentally getting out from a potzntial crisis
Nasdaq is consolidating in upchannalNasdaq is consolidating in upchannal. Furthur course of price action will be decided by dollar strenth.
NASDAQ H4 We Are Selling Nasdaq Here Due To Market Structure Changed Bullish To Bearish NQ Gives Us Bearish Choch And Fair Value Gap Thats We Are Selling NQ Right Now Targeting Sell Sides Liquidity
Manage Your Trade According To Your Capital
And Follow Us For More Trades
NSDQ100 awaits Fed Powwell's tone at Jackson Hole Key Drivers
Powell @ Jackson Hole (10am EST):
July FOMC was hawkish on labour, but payroll revisions weaker since → tone today could soften.
Market focus: whether Powell leans on labour weakness vs still-solid inflation & activity.
Outcome = pivotal for Fed cut expectations and tech valuations.
Macro/Policy Noise:
Halts & policy risks: immigration and visa restrictions could tighten labour supply, indirectly feeding wage/inflation concerns. NIH funding cuts add fiscal uncertainty.
Geopolitical chip tension: Nvidia halting H20 AI chip production under Beijing pressure raises supply-chain risk. Negative for semi names in the NASDAQ-100 (NVDA, AMD, AVGO).
US stance on chipmakers: No forced equity stakes → removes one overhang, but policy risk still high.
NASDAQ-100 Implications
Powell dovish → likely risk-on, tech rally (rate-sensitive growth).
Powell hawkish / inflation-first → risk-off, higher yields weigh on big tech multiples.
Chip news: Nvidia headline is a near-term drag; could spill over to the semiconductor complex (SOX index).
Net read:
Short-term cautious bias into Powell due to Nvidia headline + policy noise.
Direction after 10am EST depends on Fed tone—dovish shift = upside reversal, hawkish = further pressure on NASDAQ-100.
Key Support and Resistance Levels
Resistance Level 1: 23480
Resistance Level 2: 23720
Resistance Level 3: 23950
Support Level 1: 23100
Support Level 2: 22985
Support Level 3: 22740
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 to 24k!!!I remain constructive on the NASDAQ as we head into the second half of the year. Chair Powell’s remarks at Jackson Hole reinforced that rate cuts are coming, though they will be measured rather than front-loaded. This approach reflects confidence in the economy’s resilience while ensuring inflation continues to trend lower.
Historically, years ending in 5 have shown strong equity market performance under the decennial theory. Combined with improving liquidity conditions and a supportive policy backdrop, the setup favors continued strength in growth and technology-driven sectors.
From a technical perspective, the NASDAQ has already established a hard low near the 22,900 level, which now serves as a strong support zone. Since then, the index has been consistently forming higher highs and higher lows, reinforcing the bullish structure. This price action confirms that buyers remain in control and strengthens the case for continued momentum in the months ahead.
In my view, these factors create a durable foundation for the NASDAQ to remain bullish, with momentum likely to build as markets look ahead to a more accommodative environment.
NAS100: BUY OPPORTUNITY AT H4 ORDERBLOCKHello traders Here's my point of view about PEPPERSTONE:NAS100
TECHNICALLY:
Price this week was very bullish until today FRIDAY. AS you can see price reached the psychological area of 23.000. Currently, price action seems to reject and print pin bars at the H4 ORDERBLOCK. This is a make-or-break area.
As long as we stay ABOVE 23 000 we can consider to look for BUY entries but only if fundamentals, confluences & confirmations. Otherwise, the area will be completely invalidated
I personally took a quick buy at the 23 080 AREA.
FUNDAMENTALLY:
All eyes on TRUMP speech today as well as Jackson Hole Symposium
You may find more details in the chart!
Thank you and Good Luck! MAKE SURE TO STAY STRICT WITH YOUR RISK MANAGEMENT!
PS: Please support with a like or comment if you find this analysis useful for your trading day.
Short idea nasdaq spotBased on -
- Correlation between eth and btc with equities shows potential short
- supply zone
- sector rotation (tech weak and small caps strong)
NAS100 Trade Set Up Aug 22 2025www.tradingview.com
FX:NAS100
Nas100 Trade Up: price has made HH/HL on the 1h and has closed above PDL in london session so if price tests 1h FVG and respects it, i will look for buys to PDH but if price fails to close above HH and inverts 1h FVG i will look for sells down to HL
NAS100 - Potential TargetsDear Friends in Trading,
Fundamental:
Powell's Jackson Hole Speech today 30mins after NYSE open.
Anything is possible
Pattern = Bearish Pennant:
This pattern indicates a "SHORT".
Watch price reaction at the FVG and PIVOT (Dark Blue).
I sincerely hope my point of view offers a valued insight.
Thank you for taking the time study my analysis.
US100US100 is in bearish trend.
Printing LH and LL.
As per my analysis trend will be reveersal form here.
I tried to catch the reversal trend.
Alligator also indicates price will go up.
so buy at CMP.
USNAS100 Update | Fed Pressure Keeps Market Under Bearish BiasUSNAS100 – Overview
Tech fright calms but Fed pressure grows
U.S. tech stocks appear to have stabilized after two sessions of sharp declines, but uncertainty persists as the Treasury market reacts to the latest Federal Reserve developments ahead of the central bank’s annual Jackson Hole symposium in Wyoming.
Technical Outlook
USNAS100 maintains a bearish setup while below 23,295.
A break and sustained close above this level would signal a potential bullish reversal.
📍 Key Levels
Pivot: 23,295
Support: 23,165 – 23,045 – 22,850
Resistance: 23,430 – 23,540 – 23,690
previous idea:
How to determine if the Fed will change target interest rates?In this video, I explain the mechanism of the Fed target interest rates and how to determine if the Fed will cut the target interest rates in September 2025 (or any other FOMC). I also talk about the Overnight Reverse Repo balance sheet and the draining of the balance from a high of 2.55T on 30th Dec 2022 to just 25B as of 21st Aug 2025. I hypothesize a scenario from now till the September FOMC:
1. The Overnight Reverse Repo is completely emptied, meaning the stealth liquidity is gone.
2. The Equity Markets suffers a sharp fall (even a crash).
3. Funds rotate into US treasuries, causing yield to fall.
4. Fed cuts target interest rates without having to monetize the debts.
The most important key takeaway in this video is to understand that in order to know if the Fed will do anything is to see the 3month government bond yield. All the other information are supplementary and provide us information to paint a narrative on how the market will move in the coming weeks.
As aways, keep your risks tight, and Good Luck!
EuphoriaAll time highs in a newer major, more vertical parallel. Likely a roll over and then possibly retest ATH again.
NAS100 4 Hours POI'sI am looking at these zones (indicated on chart) as a possible Point of Interests targeting weekly draw on liquidity.
Let me know what you think.
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.
NasdaqNasdaq is showing bearish signals based on COT data with large traders adding shorts. Price is currently at a confirmed supply zone, increasing the likelihood of a downward reversal.
NAS100 Potential Short Setup Liquidity grab cleared, followed by a break of structure to the downside and a fair value gap (FVG) that aligns perfectly with my 71% Fibonacci retracement - this is very good setup for me. I’ve set a sell limit at 23,513, with a stop loss at the 100% Fibonacci level and take profit at the 0% level, giving a fixed risk-to-reward ratio of 2.45. FX:NAS100
Nasdaq (US100) Analysis: Navigating a Critical Support ZoneThe Nasdaq (US100) is currently at a pivotal point, trading just above a key support zone. A comprehensive analysis of the daily chart, as depicted in the screenshot, reveals several critical factors that could influence its short term trajectory.
Key Observations and Analysis
1. Price Action and Support Zone:
The Nasdaq has recently experienced a significant pullback from its recent highs, testing a critical support area. This zone, highlighted in the chart between approximately 22,800 and 23,000, is where buyers have previously stepped in, preventing further declines. The price has been consolidating within this range for several trading sessions, forming a potential "bottoming" pattern. The current price of 23,129.4, as shown, is hovering just above this level. This indicates a fierce battle between bulls and bears. A decisive break below this support would likely trigger further selling pressure, potentially targeting the next major support level around 22,000.
Conversely, a successful defense of this zone could provide the necessary foundation for a bullish reversal.
2. Candle Analysis (Bearish and Bullish Signals):
The chart shows a mix of bearish and bullish candlestick patterns.
* Bearish Candles: Several long red candles indicate strong selling pressure, particularly during the initial decline from the highs. These candles show that sellers were in control, pushing prices down aggressively.
* Bullish Candles: The appearance of smaller green candles within the support zone suggests that buyers are starting to show interest. These candles represent a slowing of the selling momentum and an increase in buying activity. The presence of a "hammer" or "doji"-like candle near the bottom of the range would be a bullish signal, indicating that sellers are losing control and a potential reversal is on the horizon.
3. Volume Analysis (Not Visible in Chart, but Crucial):
For a complete analysis, it is essential to consider volume.
* Declining Volume on the Pullback: If the recent decline occurred on declining volume, it would suggest that the selling pressure is weakening.
* Increasing Volume at Support: An increase in volume as the price tests the support zone would be a strong indicator of institutional buying. This would suggest that large players are accumulating positions at this level, providing a solid foundation for a potential rally.
Potential Scenarios and Future Outlook
Based on the current technical setup, two primary scenarios could unfold:
1. Bullish Reversal:
If the Nasdaq successfully holds the 22,800 - 23,000 support zone and breaks above the resistance of the current consolidation range, it would signal a potential return to its uptrend. The next key resistance level to watch would be around 23,750, a level where sellers previously entered the market. A break above this would likely clear the way for a test of the previous highs.
2. Bearish Continuation:
A decisive daily close below the 22,800 support level would be a major bearish signal. This would invalidate the current consolidation and could lead to a rapid move towards the next significant support level around 22,000. Traders would need to be cautious and consider a potential downside move in this scenario.
Conclusion
The Nasdaq (US100) is at a critical juncture. The price action within the 22,800 - 23,000 support zone will be the key to determining its next major move. A successful defense of this area could pave the way for a strong rebound, while a breach would likely signal a continuation of the downtrend. Traders should monitor price action and volume closely for confirmation of either scenario before making any trading decisions.
