Is this the top? SPY/QQQ Plan Your Trade Update For 8-20I know it has been a while since I shared a video.
This video is designed to share the downside risks I see as a potential for the markets IF this big speculative phase unwinds like I think.
Ultimately, you guys are the ones who will be making the trading decisions. I just want you to be aware that the markets are extremely volatile right now and the data is pointing to a very clean Excess Phase Peak (EPP) pattern.
As you are all aware, the EPP pattern suggests that a breakdown in price is likely where price may attempt to target the FLAG LOW.
If that happens, be prepared for a -15% to -20% breakdown in price before the end of 2025 - possibly seeing an even bigger price collapse.
In my opinion, this breakdown is the result of a broad unwinding of excesses related to the Biden economy (free money) and a move towards more reasonable US economic policies.
Overall, this pullback is necessary for the Wave 1 of Wave 5 structure to complete. Once this pullback is complete, the bigger rally phase (Wave 3 of Wave 5) will begin. And get ready for a big rally phase with Wave 3.
So, I hope this video helps you learn how to identify and plan for some of the biggest price swings in the SPY/QQQ, and prepare for even bigger moves in Gold/Silver and Bitcoin.
Get some.
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USTECH100CFD trade ideas
NASDAQ (CASH100) – Buy the Dip or Trend ReversalThe Cash100 has been trending in an upward channel since May 2025.
Today, price has broken through diagonal support.
For confirmation that the upward channel is over, I will be looking for these signals:
✅ First signal: a 4H close below diagonal support.
✅ Second signal: a retest of the diagonal. If price fails to reclaim,
I’ll start looking for short setups if both signals above confirm.
What do you think — is the uptrend finally breaking, or will buyers step back in? 👀
Thanks for checking out my post! Make sure to follow me to catch the next update. If you found this helpful, give it a like 👍 and share your thoughts 💬 — I’d love to hear what you think!
Please note: This is not financial advice. This content is to track my trading journey and for educational purposes only.
When Could Nasdaq's Bearish Momentum Shift ?U.S. stock indices are showing slight declines as investors digest mixed corporate earnings and await key signals from the Federal Reserve, as well as a report from the Massachusetts Institute of Technology, which warned against the hype surrounding artificial intelligence, noting that this technology needs more time to clarify the extent of its reliance. Weak retail results, including a sharp drop in Target’s sales, weighed on market sentiment, while traders remain cautious ahead of the release of the Fed’s July meeting minutes and the upcoming remarks from Chair Jerome Powell on Friday, August 22, at the Jackson Hole conference, searching for clues about the future path of interest rates.
The Nasdaq Composite, dominated by the technology sector, closed Tuesday down 1.4%, marking its largest one-day drop since August 1, while maintaining its downward momentum on Wednesday, August 20.
What can be monitored from a technical perspective to anticipate a potential correction in this index?
Traders should watch the exponential moving average (5), which indicates market momentum (positive when the fast moving average (5) is below the price, and negative when it is above the price). This indicator provides short-term signals of momentum shifts in the markets. As seen in the chart above, if the price rises above the exponential moving average (5) and closes a candle above it on the four-hour timeframe, one should then watch the Relative Strength Index (RSI) to move above 50. In this case, we could see a temporary shift in Nasdaq’s downward momentum toward a short-term upward momentum.
NASDAQ Index (US100 / NASDAQ) AnalysisThe index is moving in a bullish trend on the higher timeframes (Daily – H4), while showing a bearish move on the 1H timeframe. Currently, it is trading near the 23,340 area.
🔻 Bearish Scenario:
If the price breaks below 23,270 and holds, it may head to retest 23,080.
🔺 Bullish Scenario:
If the price manages to break and hold above 23,400, this could support a continuation towards 23,560 (a potential reversal zone – Fibonacci golden area). However, if buying momentum continues, the path could extend towards 23,680.
NSDQ100 corrective pullback supported at 23233Tech drag dominates: The NASDAQ fell -1.46%, its worst day since Aug 1, led by the Magnificent 7 (-1.67%). Nvidia (-3.5%) was the biggest loser and set the tone for semis and AI-linked names.
Index divergence: Despite the cap-weighted S&P falling (-0.59%), the equal-weighted S&P rose (+0.45%), showing the selloff was tech-concentrated rather than broad. That highlights rotation into cyclicals/defensives away from mega-cap tech.
Stock specifics:
Intel (+6.97%) surged on the $2bn SoftBank stake, bucking the chip weakness.
Home Depot (+3.17%) outperformed on earnings, showing consumer/housing resilience—positive for broader equities but less relevant for tech.
Rates backdrop: 10yr UST yields fell -2.7bps to 4.31% after S&P affirmed the US AA+ rating. Lower yields normally support growth/tech, but today’s positioning and rotation outweighed rate relief.
Fed/policy watch:
Treasury Sec. Bessent hinted at Fed Chair decision timing (Powell’s replacement watch).
Markets remain priced for a jumbo cut in September, with focus shifting to Jackson Hole this week—key risk event for Nasdaq given rate-cut sensitivity.
Geopolitics: Noise around Ukraine security guarantees and Switzerland’s peace-talk stance was not market-moving for tech.
Relevance for NASDAQ100 traders:
Yesterday’s selloff was tech-specific, not broad market weakness, implying concentration risk in mega-caps.
Intel’s rally shows idiosyncratic catalysts can break correlation.
Watch Jackson Hole & Fed rate-cut pricing → likely main driver for Nasdaq100 short-term.
Rotation risk: If the equal-weighted S&P keeps outperforming, the Nasdaq may underperform further unless big tech regains leadership.
Key Support and Resistance Levels
Resistance Level 1: 23710
Resistance Level 2: 23950
Resistance Level 3: 24200
Support Level 1: 23233
Support Level 2: 23110
Support Level 3: 22985
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.
Market Sentiment Pulls Nasdaq to the 23,200 SupportOn the daily chart, Nasdaq’s RSI has pulled back to the 50 neutral zone, providing potential support for the recent correction. Price action is holding above the 23,200-support, while the 4-hour RSI is rebounding from oversold conditions.
If 23,200 continues to hold, Nasdaq may recover to test 23,500, 23,700, and potentially 24,100. A confirmed move above these levels could signal renewed momentum toward the 25,000-record.
A clean hold below 23-200 may extend the decline towards key support levels between 22,900-22,700 for another long-term bullish positioning opportunity, or deeper downturn risks.
Key Events in Sight:
- FOMC Minutes (Today)
- Fed Speech (Friday)
- Written by Razan Hilal, CMT
Nasdaq 100 Analysis: Tech Stocks Face Sell-OffsNasdaq 100 Analysis: Tech Stocks Face Sell-Offs
As the chart shows, the Nasdaq 100 index fell by approximately 1.6% yesterday.
According to media reports, bearish sentiment has been fuelled by the approach of key events:
→ the release of the FOMC meeting minutes (today at 21:00 GMT+3);
→ Jerome Powell’s speech at the Jackson Hole symposium on Friday. Market participants are preparing for remarks from the Fed Chair on the trajectory of interest rates.
Notably, the S&P 500 declined less significantly, while the Dow Jones remained virtually unchanged. This suggests that:
→ tech stocks are heavily overvalued due to AI-driven hype;
→ capital shifted yesterday from risk assets (including cryptocurrencies) into so-called safe havens.
Could tech stocks continue to decline?
Technical Analysis of the Nasdaq 100
Analysing the Nasdaq 100 index chart on 5 August, we plotted the main upward channel (shown in blue). It remains valid, as since then the price has:
1→ reached the upper boundary, which (as often happens) acted as resistance;
2→ retreated to the median line, where volatility decreased (a sign of balance between supply and demand), but only briefly.
Yesterday’s low coincided with the lower boundary of the channel.
From a bullish perspective, buyers might rely on:
→ a resumption of the uptrend from the lower boundary (as was the case in early August);
→ support at the 50% retracement level after the A→B impulse (located around the current price area);
→ a rebound from the oversold zone indicated by the RSI;
→ support at the 7 August low of 23,250 (a false bearish breakout remains possible).
On the other hand: the price has confidently broken through the channel median and then accelerated downwards (a sign of imbalance in favour of sellers). This imbalance zone (which, under the Smart Money Concept methodology, is considered a bearish Fair Value Gap) could act as resistance going forward.
Given the pace of yesterday’s decline, we could assume that sellers currently hold the initiative. Should we see weak rebounds (in the style of a dead cat bounce) from the channel’s lower boundary, the likelihood of a bearish breakout could increase.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
USNAS100 | Geopolitical Tensions & Fed in Focus – Pivot at 23690USNAS100 Overview
Geopolitics dominates before the Fed takes the stage.
Putin’s position remains that Ukraine should cede all territory Russia has occupied — and even areas it has failed to capture in more than three years of fighting. This has been firmly rejected by Zelenskiy and European leaders, who will stand alongside him in Washington when he meets Trump later today.
Technical Outlook:
Price looks set to stabilize below 23690, which would extend the bearish trend toward 23435 and 23295.
A 4H close above 23690 would shift the outlook bullish, targeting 23870.
Pivot: 23690
Support: 23550, 23435, 23295
Resistance: 23870, 24090
NAS100 - Market Structure, Confluence & FIBDear Friends in Trading,
How I see it,
Keynote:
I missed the big drop, not sure if investors will try to recover before Friday's
Retail data and Powell speech.
1) I will look for quality scalping Long / Short opportunities till then.
2) I indicated the confluences - price action may rocket or drop
strongly between them.
Let me know if anything is unclear.
I sincerely hope my point of view offers a valued insight.
Thank you for taking the time study my analysis.
NAS100 dropped on 1.32% on August 19NAS100 dropped on 1.32% on August 19 as market participants are waiting for Powell's key rate comments
The Nasdaq and S&P 500 dipped on August 19, led by tech stocks, as investors awaited Federal Reserve Chair Jerome Powell’s comments on interest rates at the Jackson Hole symposium (Aug. 21-23). Analysts, including James Cox of Harris Financial Group, suggest markets are bracing for a possibly hawkish stance from Powell. Interest rate futures indicate two 25 bps cuts this year, starting in September. Concerns also rose over AI stocks after OpenAI’s CEO Sam Altman called them a bubble in a recent "The Verge" interview.
The price continued to drop during Asian and early European trading hours and reached the SMA200 on 4-h chart. This moving average is a traditionally strong support. The further rebound towards 23,500.00 level is expected with a final target of 23,700.00.
NAS 100 bounce from Trend line supportDescription/Idea:
Price has been respecting this ascending trendline for several weeks, forming higher lows and maintaining bullish momentum.
Currently, we see a retest of both the trendline and a demand zone (highlighted in blue), which aligns with a potential bullish continuation setup.
🔹 Entry: Around 23,300 – 23,350 (trendline + demand confluence)
🔹 Stop-loss: Below the demand zone (~23,150)
🔹 Target: First resistance near 23,800, with potential to extend higher if momentum continues.
This setup provides a clean risk-to-reward ratio of over 3:1, making it attractive for swing traders.
📌 Key points to watch:
If price holds above the trendline, bulls remain in control.
A breakdown below the demand zone could invalidate the setup and open the door for deeper downside.
Trade safe, manage your risk ✅
US100 – Short Setup Based on Visible WeaknessThe Nasdaq 100 (US100) is currently trading around 23,700 and has shown clear signs of weakness in the past few hours.
On the 1-hour chart, the price has tested the area between 23,700 and 23,720 multiple times but failed to break through. Moving averages (yellow, green, and red lines) are flat or turning downward, which signals that bullish momentum is fading.
Trade Setup
Entry Zone: 23,700 – 23,720
This area has acted as resistance several times, meaning the price keeps bouncing off it without breaking higher.
Stop Loss: Above 23,827
This is the most recent clear high on the chart. If price breaks above this level, the setup is invalid.
Target 1 (T1): 23,515
This level acted as support on August 13 and 15. Price bounced here twice, making it a realistic first target.
Target 2 (T2): 23,246
This level was support on August 8 and 9 and could be reached if T1 breaks.
Why Short?
Price is below the 21 EMA on 4h timeframe (yellow line): This is a sign of weakening trend strength.
Price rejected multiple times at the moving averages: Buyers failed to push higher.
No new highs: Even after several attempts, price could not break above 23,827.
What supports the short idea right now
Tech under pressure: Meta and Palantir are both trading lower after weak follow-ups on AI and earnings momentum. This drags on overall sector sentiment.
No new highs: The market failed again to break above the last swing high at 23,827, which strengthens the case for continued consolidation or downside.
Dollar strength creeping in : Ongoing geopolitical tension (Ukraine, Trump talks) is pushing the USD up slightly – this tends to weigh on tech stocks.
Jackson Hole caution : Markets are waiting for Powell’s comments later this week. Until then, many traders stay risk-off, which favors downside movement or at least weak buying.
Summary
📉 Short entry: 23,700 – 23,720
⛔ Stop: Above 23,827
🎯 T1: 23,515
🎯 T2: 23,246
No financial advice – just my personal trade idea based on what the chart shows and the current macro situation.
And don’t forget: the market has two moods – “not yet” and “too late.” :D
Could elevated valuations start weighing heavily on USTEC?
US equities fell sharply under pressure from stretched AI valuations. OpenAI CEO Altman cautioned that investors are overly excited about AI, warning that valuations have become “out of control.” Adding to the drag, Nvidia shares tumbled as China mandated domestic AI chips account for over 50% of local data center usage, raising concerns over export reliance. Markets now turn their focus to Fed Governor Waller’s speech and the FOMC minutes for clues on the rate-cut outlook.
USTEC is sliding lower, approaching the support at 23300. The narrowing gap between EMA21 and EMA78 points to a possible shift toward bearish momentum. If USTEC breaks below 23300, the index could decline further toward the next support at 23000. Conversely, if USTEC climbs back above both EMAs, the index may gain upside traction toward the resistance at 23700.
NASDAQ: 10:1 R/R Setup - One More High Before Major CorrectionSharing my current outlook on NASDAQ with a high-probability setup offering exceptional risk-reward. 📊
**🎯 The Setup:**
I'm expecting one more push to new all-time highs from the yellow line around 23,000. This would offer a **10:1 risk-to-reward ratio** with the stop loss just below the recent low. 🚀
**📍 Yellow Line Logic:**
This level represents my experience-based zone just shy of the 0.786 Fibonacci retracement. I've observed that when price reaches the 0.786 level, it tends to result in a complete reversal more often than not. This yellow line sits in that "sweet spot" where buyers typically step in. 🎯
**📈 Chart Structure Support:**
The overall chart pattern suggests a higher probability of making new highs rather than a complete reversal from current levels. The structure is bullish despite the recent pullback. ✅
**🔄 Bigger Picture Scenario:**
After the anticipated new high, I expect a significant retracement back toward the previous high (red line area). However, this would likely be just a healthy correction before the bull run resumes for the remainder of the year. 📉➡️📈
**🧠 Key Insight:**
Sometimes the best trades come when the market gives you that "one more push" setup. The risk is small relative to the potential reward, making this a compelling opportunity if the setup materializes. 💡
📈 **This trade setup offers a risk-to-reward ratio of 10:1.** Without including fees, the breakeven win rate for this trade would be approximately 9.09%. Knowing these figures in advance helps me avoid emotional trading. 🧠
💡 **Pro Tip**: If you often find yourself trading based on emotions, I recommend doing this type of pre-planning and quantifying your setups before execution — it can be a simple yet highly effective improvement. ✅
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**Trading is simple.** You don't need multiple indicators or dozens of lines on your chart. A clean and simple chart often works best — it keeps your decisions consistent and reduces uncertainty. Sure, it might not look flashy, and my analysis may seem a bit "plain" compared to others… but that's how I like it. If you find this analysis useful, feel free to follow me for more updates.
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*Disclaimer: This post is for general informational and educational purposes only. It does not constitute financial advice, investment recommendation, or a service targeting specific investors, and should not be considered illegal or restricted information in any jurisdiction.*
Bearish drop?US100 is rising towards the resistance level, which is a pullback resistance, and could drop from this level to our take profit.
Entry: 23,546.52
Why we like it:
There is a pullback resistance.
Stop loss: 23,936.40
Why we like it:
There is a swing high resistance.
Take profit: 22,986.60
Why we like it:
There is a pullback support that lines up with the 78.6% Fibonacci retracement.
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