NAS100 trade ideas
NASDAQ | Daily Double Top | GTradingMethodHello Traders 👋
🧐 Market Overview:
I’ve opened a short on the NASDAQ based on a clear double top setup that formed yesterday. Several of my key variables aligned, giving this trade a high-probability edge:
Negative RSI divergence → showing weakening buying momentum
Lower volume on the second top → indicating exhaustion
Daily candle closure within threshold → confirming structure validity
📊 Trade Plan:
RR: 9.1
Entry: 23 931
Stop Loss: 23 178
Take Profit 1 (50%): 22 453
Take Profit 2 (50%): 21 969
💡 GTradingMethod Tip:
When trading reversal patterns like double tops, I always wait for confirmation across multiple variables (momentum, volume, candle structure). This increases probability and reduces false entries.
🙏 Thanks for checking out my post!
Follow me for more setups and let me know — do you see this double top holding, or is there more upside left in the NASDAQ?
📌 Disclaimer:
This is not financial advice. This content is to track my trading journey and for educational purposes only.
NAS100 Pullback into Fibonacci Zone: Watching for Bullish Break📊 NASDAQ 100 (NAS100) Update 📊
The NAS100 is in a strong bullish trend 🟢📈, clearly visible on the 4H chart ⏰ with consistent higher highs and higher lows 🔼🔼.
Currently, price has pulled back 🔽 right into my optimal entry zone 🎯 based on the Fibonacci retracement 🔢. From here, I’ll be watching closely for a bullish break of structure (BOS) 🔓 on the 15M timeframe ⏰ — that would be my signal to look for a long entry 🚀.
⚠️ This breakdown is educational only and not financial advice. 📚
NASDAQ INDEX (US100): To the New Highs!
US100 index successfully broke and closed above a major
daily resistance cluster on Friday.
The index will likely grow more and reach new highs soon.
The next resistance is 24300
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Futures steady ahead of Fed cutFutures steady ahead of Fed cut
U.S. stock futures held flat on August 15 ahead of the Sept. 17–18 Fed meeting, where a 25-bps cut is widely expected. Markets price about 70 bps of easing by year-end, though Powell may highlight inflation risks to temper dovish bets. Retail sales Tuesday will be the last key data before the decision.
Global markets were subdued: oil ticked higher on Ukraine-Russia tensions, the dollar eased, and Asian stocks firmed with South Korea’s Kospi hitting records. The Bank of Canada may also cut this week, while the BoE and BoJ are likely to stay on hold.
Traders are watching today’s Empire State manufacturing survey (8:30 AM EDT), the Senate vote on Fed nominee Stephen Miran, speeches from ECB’s Lagarde and Schnabel, and EU Council President Costa’s visit to Cyprus ahead of its 2026 presidency.
Downtrend Analysisafter we get a retest back to the new all time highs this is one of the set ups I can see setting up on nas. In order for us to confirm the sells I am interested in looking for lower high entries only as we start to make the retest back to the main higher low from last week which is at 23986. im expecting a full retest here due to the federal fund rates
NASDAQ | H2 Double Top | GTradingMethodHello Traders! 👋
🧐 Market Overview:
CPI is out today — and it could be the spark the NASDAQ needs. Price is stalling at the previous all-time high, and that’s where I’m watching closely.
I’ve been tracking a double top on the daily for a while now, and today the H2 chart is starting to show the same structure. That kind of multi-timeframe alignment doesn’t happen often.
📊 Trade Plan:
I’ve entered a starter short on the daily structure. If the H2 confirms, I’ll scale in with a second position.
Risk/Reward:
Entry:
Stop Loss:
Take Profit 1 (50%):
Take Profit 2 (50%):
💡 GTradingMethod Tip:
Double tops work best when paired with other signals. In my system, I look for:
- RSI negative divergence
- Lower volume on the second top
- A confirmation candle close within my entry range
This reduces false signals and adds conviction.
🙏 Thanks for reading! Do you trade double tops?
📌 Disclaimer:
This is not financial advice. This content is to track my trading journey and for educational purposes only.
Nasdaq Eyes 24,240 ATH as PPI LoomsUSNAS100 – Overview
The Nasdaq 100 maintained bullish momentum, retesting support at 23,695 before pushing higher again.
Technical Outlook:
📈 As long as price trades above the 23,870 pivot, bullish momentum is expected to continue toward a new ATH at 24,090 → 24,240.
📉 If the PPI release comes in hotter than expected, it may weigh on the index. A confirmed stabilization below 23,860 would open the way for a pullback toward 23,690.
Key Levels:
Pivot: 23,870
Resistance: 24,090 – 24,240
Support: 23,695 – 23,510
Bias: Bullish above 23,870; bearish correction only if price stabilizes below 23,860, with deeper downside toward 23,690
NAS100 Technical Analysis 1 Hour Chart📉 NAS100 Technical Analysis (1H Chart)
NAS100 is trading around 24,374 and continues to respect a strong descending channel, signaling bearish momentum.
• Trend: Price rejected the previous supply zone (24,470 – 24,500) and failed to break above resistance, confirming sellers are still in control.
• Entry Zone: The retest of broken support turned resistance around 24,387 – 24,479 shows bearish rejection with downside continuation likely.
• Target Levels:
• First target: 24,154 (mid-channel support)
• Next target zone: 23,960 – 23,827 (lower channel support)
• Invalidation: A clean 1H close above 24,500 would invalidate this bearish structure and could trigger a corrective move higher.
👉 Short-term bias remains bearish while under 24,500 with room for continuation toward 24,150 – 23,900.
NasdaqToday's price action can tell us a lot about the trend and future movements. After the drop to 24200, an uptrend line formed and resistance at 24470. If this trend continues, we can expect a breakout of this resistance and the key 24500 level. After confirmation, the Nasdaq could reach its highs again. Remember that on the daily chart, we are still in a strong bullish trend. Happy trading!
NASDAQ index- Correction alertThe price has reached the yellow trendline, and in the previous two instances this led to significant short-term corrections:
📉 July 2024: -15.6%
📉 December 2024: -7.1%
Currently: optimistic correction target at 23,970 (-3.2%), and if that doesn’t hold – strong support at 22,223 (-10.2%).
NAS100 (15-Minute Timeframe)🔍 Key Levels to Watch:
Bullish Setup 👇: After a dip in price, we've seen potential accumulation at the 15-minute FVG (Fair Value Gap), setting up for a possible bounce. 🟢
Bearish Resistance ⬆️: Price is currently interacting with a 1-hour Bearish FVG, with potential for further downside if resistance holds. ⛔️
🔵 Potential Trade Plan:
Look for a Pullback: Price could retrace to the higher time-frame resistance zones around 24,791.45 (HTFL) or 24,786.45.
Key Entry Points: Focus on price action near the 15-minute FVG, which may give us a clearer bullish confirmation. 🟢
Target Zones: Aiming for 24,791.45 and higher based on overall momentum.
🔥 Stay alert and trade wisely! Always use proper risk management.
Greetings,
MrYounity
"Reaching Our First Target: What's the Next Step?"By scrutinizing the US100 chart on the30-minutes timeframe, it's evident that the price has initiated a powerful uptrend after surmounting several resistance zones. This is substantiated by the explicit "BOS" (Break of Structure) points, signaling that the market is consistently forging new, higher peaks. The "Shape Shift" noted on the chart indicates a transformation in market character, transitioning from a period of consolidation or a downtrend into a fresh, vigorous bullish impulse.
The price is currently nearing a pivotal resistance point around 24,783.0000. Should the price manage to breach and maintain a position above this threshold, we can anticipate a continuation of the upward trajectory. The prospective targets, labeled as "Destinations," are, 24804.7998, 24,892.2493 and , with an additional high-level objective at 24,946.1082.
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With Respect:
SimarEdgeTrading