USTECH100MINICFD trade ideas
Nasdaq100, DJIA & S&P500 - Quick technical analysisThe top three US indices are near their all-time highs. Will we see new all-time highs?
Let's take a look.
MARKETSCOM:US100
MARKETSCOM:US30
MARKETSCOM:US500
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NASDAQ Index Analysis (US100 / NASDAQ):The index is moving within an overall upward channel in the long term, while showing a short-term bearish trend on the hourly timeframe. Currently, it is trading near the 23,700 level.
🔻 Bearish Scenario:
If the price breaks below 23,650 and holds beneath it, the index may test the 23,550 level. A further break could open the door for deeper corrections toward lower zones.
🔺 Bullish Scenario:
On the other hand, if the price manages to break and hold above 23,800, this could support continued bullish momentum towards a new high at 23,950.
NASDAQ Index Analysis (US100 / NASDAQ)At today’s market open, the index tested the 23,320 support level, with a higher probability of retesting the 23,180 area before bouncing upward.
🔻 Bearish Scenario:
If the price breaks below 23,320 and holds beneath it, the index is likely to test 23,180.
🔺 Bullish Scenario:
If the price rebounds and breaks above 23,500, holding higher, this could support a continuation towards 23,620 as an initial target, followed by 23,700.
NAS100 - Trade Setup📊 NAS100USD – Multi-Timeframe Outlook
🔎 Monthly (1M)
Price moving inside a bullish wedge structure, with resistance tested near 25,200.
Support trendline holding firm, confirming strong macro bullish pressure.
Larger structure suggests Wave (5) still has room to expand toward 26,000+ if demand zones continue to hold.
🕰 Weekly (1W)
Elliott count clear: (1) → (2) → (3) extended, now correcting into (4).
Demand/FVG zones around 20,400 – 21,000 remain the critical swing support.
Next wave (5) projection aims at 25,000 – 26,000.
⏱ Daily (1D)
Structure consolidating within daily support, reacting from demand.
Breakout above 23,900 – 24,000 reactivates bullish impulse.
Invalidation lies below 22,950, where daily demand would fail.
⏳ 4H
Clear corrective retracement into daily demand (23,200 zone).
Long setup forming:
Entry: 23,222
Stop: 22,942
Target: 23,989
R:R ≈ 2.75
Short-term price action likely resolves higher into Wave (5) unless invalidation breaks.
🎯 Trade Plan
Bias: Bullish continuation into Wave (5)
Entry Zone: 23,200 – 23,300 (daily demand)
Targets: 23,989 (short-term), 25,200 – 26,000 (swing)
Invalidation: Daily close below 22,950
NAS100 4HTrading Outlook for Major Currency Pairs and Indices, Especially Gold and Silver, in the Upcoming Week
In this series of analyses, we have reviewed short-term trading perspectives and market outlooks.
As can be seen, each analysis highlights a key support or resistance area near the current price of the asset. The market’s reaction to or break of these levels will determine the subsequent price trend up to the next specified levels.
Important Note: The purpose of these trading outlooks is to identify key price levels and potential market reactions, and the analyses provided should not be considered as trading signals.
Nasdaq Pulls Back from Recent HighsToward the end of the week, the Nasdaq index began to retreat, posting a decline of at least 1.5% in the short term, as a new bearish bias has started to emerge strongly, preventing the index from reaching the historical highs again. For now, the momentum driven by expectations of lower interest rates has begun to fade in recent sessions, while corrections in stocks such as Nvidia—which represent a significant share of the index’s market capitalization—have limited buying pressure heading into the week’s close. Given this backdrop, as the market awaits key economic data, such as the upcoming U.S. employment report on Friday, uncertainty and sideways movements may continue to dominate trading sessions in the near term.
Short-Term Sideways Range
The lack of clear direction in recent movements has led to the formation of a sideways range in the Nasdaq, currently defined by resistance at 23,800 points and support at 22,800 points. As long as price action remains within these levels, neutrality will likely remain the prevailing scenario in the short term.
Technical Indicators
RSI: the RSI line is oscillating near the neutral 50 level, reflecting a consistent balance between buying and selling pressure over the past 14 sessions. This suggests that the neutral bias has begun to dominate short-term movements in the index.
MACD: the MACD histogram also hovers close to the 0 line, showing that short-term moving averages maintain a neutral bias. As long as this condition holds, the current sideways range is likely to remain relevant in upcoming sessions.
Key Levels to Watch:
23,800 points – Main Resistance: corresponds to recent highs in the Nasdaq. A sustained breakout above this level could open the door to a more consistent bullish trend in the short term.
22,800 points – Near-Term Support: aligns with the Ichimoku cloud and stands as the most important barrier for containing short-term downward corrections.
22,200 points – Critical Support: coincides with neutral price areas observed on the chart in February of this year and is also converging with the 200-period moving average. If this level comes under consistent pressure, it could pave the way for a more dominant bearish bias.
Written by Julian Pineda, CFA – Market Analyst
Nasdaq-100 Wave Analysis – 28 August 2025- Nasdaq-100 reversed from support zone
- Likely to rise to resistance level 24000.00
Nasdaq-100 index recently reversed from the support zone between the strong support level 23000.00 (which has been reversing the price from the middle of July), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from June.
The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Hammer – which started the active impulse wave (iii).
Given the strong daily uptrend, Nasdaq-100 index can be expected to rise to the next resistance level 24000.00 (which stopped the earlier impulse wave i).
US100 – Breakout or a Classic Bull Trap?
The US100 (Nasdaq Index) has recently shown what looks like a breakout on the 4-hour timeframe after a phase of consolidation. On the surface, this can easily be perceived as a bullish continuation. However, a closer look reveals that the breakout might just be setting up for a classic bull trap.
I am currently positioned short on the index with a view that the current move could fail to sustain. The price has entered into my marked supply zone, an area where selling pressure historically outweighs demand. If this zone holds true to its nature, we can see a strong rejection from here.
• LTP (Last Traded Price): 23,690
• Supply Zone: Highlighted on chart
• Downside Target: Around 22,500
The broader structure still suggests that while short-term euphoria pulls prices higher, the underlying momentum may not support sustained gains. If the bulls lose control here, the downside could open up swiftly, validating this thesis.
I’ll be watching how price reacts in this zone closely. For now, I remain short-biased, anticipating a rejection and a move towards the 22,500 mark.
A Crucial Test Lies Ahead for the Nasdaq 100The Nasdaq 100 faces a major test over the remainder of this week, with Nvidia reporting results after the close on 27 August and the US PCE report due on the morning of 29 August. The index has struggled to regain its losses after peaking on 13 August, facing stiff resistance just below the 61.8% retracement level at 23,670. In addition, the 10- and 20-day moving averages have proved to be sticking points, with the index unable to break away from either.
Momentum, as measured by the relative strength index, has also turned lower, forming a series of lower highs. Furthermore, a bearish divergence has emerged, with the RSI making lower highs while the Nasdaq 100 registered higher highs from the end of July through to mid-August.
Looking more closely, we see that the Nasdaq 100 had a straight-line rally on 22 August, and such rallies can sometimes be treated in a similar fashion to gaps. As a result, it is entirely possible that the index could give back its recent gains and fall back to 23,210, especially if it continues to struggle to surpass resistance at 23,620.
A breakout above 23,620 would be a bullish development despite a number of bearish signals. It would suggest the potential for the index to rise to 23,800 and possibly back to the previous highs.
Written by Michael J. Kramer, founder of Mott Capital Management.
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