NASDAQ At Good Res , Is It A Chance To Sell To Get 200 Pips ?Here is my 4H Nasdaq Chart and my opinion is the price at very interesting selling area for me , and we have a very clear bearish price action and this Res Area forced the prices to go down Very hard and i think this Second Touch will be the best one , so i`m waiting selling this pair now and targeting from 100 to 200 pips . the only reason to cancel this idea if we have a clear daily closure above my res area .
Entry Reasons :
1- Clear Res Area .
2- Second Touch For The Res .
3- Bearish Price Action .
NASDAQ trade ideas
US 100 – US CPI in Focus, Could this Be Moving Day? Technology stocks in the US 100 have been leading the resurgence of US assets back up from their April lows for a while now, driven higher by fresh demand for magnificent 7 stocks, artificial intelligence capital expenditure and increased expectations for Federal Reserve (Fed) interest rate cuts, which its hoped by traders will restart again when the Fed have their next rate decision meeting on September 17th.
Dips in the US 100 have remained shallow, with the latest blip lower, caused by a weaker than expected US Non-farm payrolls report, causing a sell off from the record high set on July 31st at 23730 down to a low at 22678 (Payrolls Friday August 1st) before the uptrend resumed again, setting a new record closing high at 23660 on Friday since when prices have consolidated so far this week between 23500 and 23716.
Today could potentially be moving day for US 100 stocks with the latest US CPI release due at 1330 BST. Traders are very sensitive to US inflation updates right now as they await the effects of President Trump’s trade tariffs to feed through into higher consumer prices. US corporates initially absorbed the higher tariff costs which has helped to shield US consumers but there has been signs that this trend may be starting to change.
Any deviation in today’s US CPI release from market expectations may alter the current pricing for Fed rate cuts across the next 6 months, which could have an outsized impact on US 100 volatility across the remainder of this week.
Technical Update: Is the Trend Still Your Friend?
When an asset gains fresh buying support and approaches a previous all-time price high, it can be a very important period for both price action and traders. It can lead to the question being asked.
Will buying pressure be strong enough to break above this important resistance and extend the bullish trend, or will sellers re-emerge at the all-time high, triggering a potential reversal in price?
This appears to be the backdrop unfolding for the US 100 index, and as the chart above shows, having seen price weakness briefly post the August 1st low at 22678, the latest price strength since that dip is currently testing 23730 again, the all-time high registered on July 31st.
This 23730 resistance level could be an important focus for traders this week, as successful closing breaks above the all-time high are required to suggest potential for a more sustained phase of price strength, while failure to close above this 23730 resistance level, may lead to increased possibilities for deeper declines in price.
Potential Upside If a Closing Break Develops Above 23730:
If, and it could still be argued it is a big ‘if’, a successful closing break develops above 23730, it could open potential for further price strength towards the next resistance at 24146, which is equal to the 38.2% Fibonacci extension of the July 31st to August 1st price weakness, may be even further.
Potential downside If the Resistance at 23730 Holds:
It is equally possible, the resistance at 23730 can cap the current strength, even prompt fresh selling pressure to turn price activity lower for a phase of weakness.
While 23730 continues to limit current price strength, the focus may shift to possible support at 23181, which is equal to half the August price strength. Closing breaks below 23181 could potentially be a catalyst for further declines to test 22678, the August 1st low, and even lower if this level in turn gives way.
The material provided here has not been prepared accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients.
Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
NASDAQ Index Analysis (US100 / NASDAQ)The index is moving within an upward channel in the broader trend and is currently trading near the 23,550 area, which is a pivotal zone between two possible scenarios:
🔻 Bearish Scenario:
If support at 23,500 breaks and holds below this level, we could first see a decline toward 23,400, followed by a potential drop to the 23,290 test zone.
Breaking this level may open the door for further downside corrections.
🔺 Bullish Scenario:
If the price successfully breaks and holds above 23,680, this could support a continued rally toward 23,800, and with sustained momentum, the market may target a new high.
USNAS100 | CPI Day Setup – Breakout or Pullback Ahead?USNAS100 Overview
Markets found some relief after the U.S. and China extended their tariff truce until November 10, avoiding the imposition of triple-digit duties on each other’s goods.
Today, attention is firmly on the U.S. CPI release, which is expected to drive market direction:
A reading above 2.8% would likely support a bearish move toward 23440 and 23295.
A reading below 2.8% could fuel bullish momentum toward a new ATH at 23870.
Technical Outlook:
As long as the price trades below 23690, downside targets remain 23440 and 23295.
A 1H close above 23695 would turn the bias bullish toward 23870.
Support: 23440, 23295, 23045
Resistance: 23700, 23870
Nasdaq and S&P500 Short: Completed 5-wave structureIn this video, I explain my analysis of the Nasdaq and S&P 500 chart together with Gold (the risk-off indicator).
I point out 3 main reasons why I labelled the 5-wave structure as W-X-Y-X-Z instead of 1-2-3-4-5:
1. Wave 3 overlaps Wave 1.
2. 5th Wave did not make new peak.
3. Gold structure still supports a 5th Cycle level wave higher.
Regardless of how confident we are, remember to set your stop and respect it.
Good luck!
US100 – Dark Cloud Cover Signals Possible Reversal AheadAfter the drop to 22,800, NAS100 recovered strongly and yesterday retested the recent ATH in the 23,800 zone.
However, by the close of the trading day, the index erased the entire intraday advance and closed in the red – leaving a Dark Cloud Cover candlestick formation on the daily chart.
As explained in my previous analysis, I believe the US indices are ready for a deeper correction after the incredible run-up since April.
Technical Outlook:
• The US100 is still holding above its recent ascending trend line.
• A confirmed break below this trend line could trigger an acceleration in selling pressure.
• The first downside target for bears is the recent low at 22,800.
• In the medium term, if a full reversal unfolds, I would not be surprised to see the index trading near 20,000 within the next 2–3 months.
The market has been on an extraordinary bullish streak, but this candle formation combined with extended price action could be the first sign that momentum is shifting.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
NAS100 Sell Trade PlanThe market is showing a lower high formation on the 1H chart, indicating potential bearish continuation. Entry is planned at 23,481.2, with a stop loss at 23,584.6 to protect against upside breakouts. The first target (TP1) is set at 23,363.8 to secure partial profits, and the second target (TP2) is at 23,275.0 for extended downside potential. RSI is currently below the 50 level (44.70), supporting bearish momentum. Risk-to-reward ratio favors the setup, aligning with the recent downtrend structure.
"NAS100USD – Bearish Reversal Setup Forming Below PDH with Key SOn the 4H timeframe of the NAS100USD index, after registering a new high around the **PMH** zone, price faced strong resistance near **PDH** and has recently formed a **Lower High (LH)** and **Lower Low (LL)** pattern. This behavior, along with repeated rejections from the 23670–23710 area, indicates weakening bullish momentum and the potential start of a short-term correction or pullback.
The **PDL** level currently acts as a key short-term support; a confirmed break and close below this level could open the path toward the significant support at **PWL**, followed by the 22940–23218 zone.
From an indicator perspective, decreasing volume near the top, combined with rising volume on recent bearish candles, confirms stronger selling pressure. The overall market structure, after the recent sharp bullish wave, is now in a time–price correction phase that may lead to the breakdown of these supports.
Therefore, if **PDL** is decisively broken, a short entry with a stop-loss above **PDH** and targets in the mentioned zones is the preferred scenario; however, sustained trading back abovEntry: sellstop @ 23,540.00 | Asset=NAS100USD | Side=Sell
SL: 23,676.00
TP1: 23,218.00
TP2: 22,940.00
Conf: 81%
NAS100 at mjaor resistance area Fib 0.5Price has reached the 0.5–0.382 Fibonacci retracement zone of the recent swing. If the bears are strong, we may see a rejection toward the trendline support. However, if this resistance is broken, a bullish continuation is also possible. Let's see how it plays out.
Nasdaq Index Analysis (US100 / NASDAQ)The index is currently trading near $23,670, a pivotal zone between two possible scenarios:
🔻 Bearish Scenario:
If the support at $23,570 is broken and the price holds below it, we may see a decline first toward $23,400, followed by an extended move toward $23,290 as a test area. A break below this level could open the door for further downside corrections.
🔺 Bullish Scenario:
If the price successfully breaks and holds above $23,680, this could support a continuation of the uptrend toward $23,800, and with sustained momentum, a new high could be targeted.
⚠️ Disclaimer:
This analysis is not financial advice. Please monitor market behavior and analyze data carefully before making any investment decisions.
US100 Bullish Momentum Targets AheadThe US100 shows strong bullish structure after completing an ABCD correction, with price eyeing a potential move towards the 1st target at 23,791 and possibly the 2nd target at 24,053. A brief pullback may precede the continuation towards these key resistance levels.
1. Current Structure
The chart follows an ABCD pattern after a strong bullish impulse from the early August lows.
Points A–B–C–D suggest a completed correction phase, with momentum now shifting upward.
Price is currently around 23,629, approaching the first resistance zone.
2. Key Levels
Immediate Support: ~23,500 (recent swing low, short-term demand zone)
1st Target: 23,791 (minor resistance, potential profit-taking zone)
2nd Target: 24,053 (major resistance, psychological round area)
Major Support: 23,200 (break below here could invalidate bullish momentum)
3. Price Action Expectation
Short term:
A small pullback toward 23,500–23,550 is possible before continuing upward (healthy retracement to build buying pressure).
US100 Bullish Momentum Targets AheadThe US100 shows strong bullish structure after completing an ABCD correction, with price eyeing a potential move towards the 1st target at 23,791 and possibly the 2nd target at 24,053. A brief pullback may precede the continuation towards these key resistance levels.
1. Current Structure
The chart follows an ABCD pattern after a strong bullish impulse from the early August lows.
Points A–B–C–D suggest a completed correction phase, with momentum now shifting upward.
Price is currently around 23,629, approaching the first resistance zone.
2. Key Levels
Immediate Support: ~23,500 (recent swing low, short-term demand zone)
1st Target: 23,791 (minor resistance, potential profit-taking zone)
2nd Target: 24,053 (major resistance, psychological round area)
Major Support: 23,200 (break below here could invalidate bullish momentum)
3. Price Action Expectation
Short term:
A small pullback toward 23,500–23,550 is possible before continuing upward (healthy retracement to build buying pressure).
USNAS100 | Consolidation Before CPI –Breakout or Pullback Ahead?USNAS100 Overview
The index reached its all-time high ahead of recent speculation about a potential Fed rate cut. This week’s CPI data will be a key driver, indicating whether the Fed may cut rates in the near term.
Technical Outlook:
As long as the price trades below 23640–23690, a decline toward 23530–23435 is expected. A break below this zone could extend the drop toward 23295.
A 1H close above 23695 would turn the outlook bullish, targeting 23870.
Support: 23535, 23435, 23295
Resistance: 23870, 24040
previous idea:
NAS100 - Stock market awaits an important week!The index is above the EMA200 and EMA50 on the four-hour timeframe and is trading in its ascending channel. If the index corrects downwards towards the drawn trend line or the specified demand zone, you can buy Nasdaq with better reward for risk.
Many Federal Reserve officials believe that tariffs could weaken the U.S. economy and push inflation higher—a dilemma that forces policymakers to choose between cutting interest rates to support growth or keeping them unchanged to control prices.
However, Miran—the economic adviser President Donald Trump intends to nominate to the Fed’s Board of Governors—rejects this view. He argues that tariffs will ultimately benefit the economy and will not significantly impact prices, allowing the Fed to resume the rate-cutting cycle it halted earlier this year.
The key question now is whether Miran’s arguments will be persuasive enough to sway the broader thinking of the central bank’s policy committee, or whether concerns over labor market weakness might prompt rate cuts regardless, rendering his arguments unnecessary.
According to analysis from The Wall Street Journal, beyond the policy disagreements, Miran has also challenged the institutional legitimacy of the Federal Reserve. He has accused Fed officials of having political motivations and criticized them for what he calls the “tariff disruption syndrome.” In a paper published last year, he argued that all senior Fed officials should be subject to dismissal at the White House’s discretion. If appointed, he would give Trump a loyal ally inside the Fed’s boardroom—someone capable of promoting the president’s views and challenging the institution’s consensus-driven culture and influential research staff.
Meanwhile, JPMorgan has revised its monetary policy forecast for 2025, now expecting the Fed to deliver three 25-basis-point rate cuts starting in September 2025, compared to its earlier projection of just one cut in December.
Miran, who holds a Ph.D. in economics from Harvard University, currently serves as Chairman of the White House Council of Economic Advisers. On Thursday, Trump announced his intention to nominate him for a newly vacant Fed board seat. This position became available unexpectedly after Adriana Kugler’s resignation last week and will expire in January. Trump also revealed plans to nominate another individual to fill this seat, who could potentially replace Jerome Powell as Fed Chair in the spring. Miran’s appointment would give Trump additional time to evaluate how candidates—whether Miran himself or Christopher Waller, whom he appointed during his first term—align with his policy views and vote on interest rates.
This week’s economic calendar is once again crowded, with a series of key inflation reports and consumer-related indicators in the spotlight.
Early Tuesday, the Reserve Bank of Australia will announce its interest rate decision, with markets expecting a 25-basis-point cut from 3.85% to 3.60%. Shortly after, traders’ attention will shift to the U.S. Consumer Price Index (CPI) for July, where core inflation is expected to rise from 0.2% in June to 0.3%.
Wednesday will be relatively quiet, with the main highlight being speeches from Fed officials Austan Goolsbee and Raphael Bostic. On Thursday, focus will return to major data releases, including the U.S. Producer Price Index (PPI), which is projected to see its core measure increase by 0.2% after holding steady in June. Weekly jobless claims figures will also be released that day.
The week will conclude with a broader look at U.S. consumer activity. July retail sales are forecast to slow from 0.6% to 0.5%, while core retail sales are expected to drop from 0.6% to 0.3%. Hours later, the preliminary August reading of the University of Michigan Consumer Sentiment Index will be released, providing insights into consumer expectations and confidence.
According to ISM data, pricing pressures have eased in the manufacturing sector but have jumped sharply in the services sector, which makes up a much larger share of the U.S. economy. This suggests that upcoming CPI and PPI reports carry an upside risk relative to forecasts. Inflation readings above expectations—even before fully factoring in the impact of retaliatory tariffs—could erase part of the market’s anticipated rate-cut outlook.