NAS100 -Head and Shoulders Formed. Price Sitting at the NecklinePrice had been climbing steadily and consistently till now. See my previous analysis:
Or click on the attached idea on my chart.
But momentum is starting to be fading.
And if we look closely, we could recognize a head and shoulders pattern. We have the first peak, the left shoulder. Then a t
US100 remains in a well-defined uptrendUS100 remains in a well-defined uptrend
After the FOMC cut rates by 25 basis points and also sent a message that two more rate cuts could happen this year, all indices broke out in an uptrend.
US100 felt a surge at 23992 during the FOMC meeting as the market was unclear about what was going on an
Pressure’s buildin’ on NAS100—could pop any minute.Hey Guys,
Once NAS100 hits my SELL zone, I’m pulling the trigger—targeting 24557.06
• Entry: 24752.05 or 24703.29
Set the stop point according to your own margin, my friends.
Every like you drop pushes me to share more setups like this. Big thanks to everyone showing support!
NASDAQ NAS100 Analysis: Three-Drive Pattern, VWAP & Trade Plan📊 The NASDAQ 100 has been riding a strong bullish trend, pushing higher with relentless momentum. On the daily timeframe, price now looks heavily overextended 📈.
🔎 Zooming into the 4-hour chart, the overextension is even more apparent. In trending markets, we often observe a three-drive pattern (so
US100 M30 – Sideway at the Top - Short OpportunityThe CAPITALCOM:US100 index has experienced a strong upward move on the 30-minute chart, pushing price to a new high around the 24,800 – 24,850 zone. However, recently, price has been moving sideways within a narrow range, forming a consolidation phase near this key resistance area. This sideway
Nasdaq records near critical resistance! More to go or crash?Strong economic data suggest the soft landing scenario remains intact. Manufacturing strength, combined with improving employment data, appears to provide support. The Fed's dovish pivot also offers liquidity tailwinds, while the Nvidia-Intel partnership signals continued investment in US stocks.
B
USNAS100 Range Bound Price action price likely to continueThe US NASDAQ 100 (USNAS100) is currently exhibiting range-bound price action, with consolidation likely to continue until a clear breakout occurs.
Technical View:
On Wednesday, the index edged slightly higher as investors weighed the measured comments from Federal Reserve Chair Jerome Powell and l
FOMC has cleared liquidity levels around this technical rangeNews Drivers do not overpower technicals, the fundamentally driven movements are just banging around into huge money pending orders. No way around these mechanics.
That what we saw today, and what will continue to happen forever and ever 💎 Not saying it will always be a ricochet like today, but the
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Displays a symbol's price movements over previous years to identify recurring trends.