NASDAQ: Opening selloff is a buy opportunity.Nasdaq remains bullish on its 1D technical outlook (RSI = 60.351, MACD = 161.240, ADX = 29.408) despite today's selling early into the session. This indicates that relative to the bullish long term trend, this correction is a buy opportunity, especially as the index hit its 4H MA50. This happens to be at the bottom of the 20day Channel Up, a pattern potentially identical to the December 10th low of the Channel Up. We are long, expecting a new +3.80% rise (TP = 22,700).
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Indices
US30 Bearish Momentum | Key Support Levels in FocusUS30 Analysis | February 21, 2025
The price has broken below the pivot line of 44,404, confirming a bearish momentum. Now, it is testing the support zone at 44,051, and a continued failure to reclaim the pivot will strengthen the bearish case toward 43,763 and 43,212 support zones.
For bullish confirmation, the price needs to stabilize above 44,404 and break the resistance zone of 44,500 to initiate a potential recovery toward 44,756 and 45,099.
Key Levels:
Pivot Line: 44075
Resistance Levels: 44190 – 44404 – 44650
Support Levels: 43763 – 43520 - 43212
📉 Directional Bias: As long as the price remains below 44,404, US30 remains bearish, with a high probability of testing lower support levels.
Bearish drop?S&P500 is rising towards the pivot and could drop to the 1st support.
Pivot: 44,428.26
1st Support: 43,846.79
1st Resistance: 44,809.04
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Possible push down for NAS100After A strong Bearish push, price action is filling the inefficiency left behind. Price is currently testing the structure lows previous support. The bearish move and retracement is the 78.6% PRZ
Wait for your lower time frame play to enter. This is an over all counter trend trade, however this could have a nice quick move down to retest the Daily previous structure high area of 21,843
Daily Chart has a Bearish Divergence that is playing out.
**Caution** on the macro bullish trend, this recent pull back retraced back to the 23.6 lvl with a wick while "retesting" the previous structure high on the H4 time frame....Enter with caution.
Potential bearish drop?DAX40 (DE40) is rising towards the pivot and could drop to the 1st support that is slightly below the 50% Fibonacci retracement.
Pivot: 22,552.70
1st Support: 21,942.24
1st Resistance: 22,888.45
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
FTSE100 H4 | Potential bearish reversalFTSE100 (UK100) is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 8,686.45 which is an overlap resistance.
Stop loss is at 8,760.00 which is a level that sits above the 61.8% Fibonacci retracement and a pullback resistance.
Take profit is at 8,491.22 which is a swing-low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
CHINAH at Major Resistance – Is a Pullback Imminent?PEPPERSTONE:CHINAH is currently testing a significant resistance zone, where previous price action has shown strong selling interest. After a sharp rally, the market appears to be overextended, increasing the likelihood of a pullback if sellers step in at this level.
If the price confirms rejection from this resistance zone, we could see a move downward toward the 8,286.00 level, aligning with a potential short-term correction. However, a breakout above this resistance could signal further bullish momentum.
Keep an eye out for reversal patterns or bearish candlestick formations near this zone for potential short opportunities. Let me know your thoughts or if you see it differently!
Why the Dow Jones might close its gap with S&P and NasdaqThe S&P 500 and Nasdaq have once again reached record high, leaving the Dow Jones for dust in its choppy consolidation. But I think we're now facing a relative shift in their performance, which could see the Dow lead the way and close its gap with its Wall Street Peers.
Matt Simpson, Market Analyst at City Index and Forex.com
DOW JONES: Triangle about to break out.Dow Jones is neutral on its 1D technical outlook (RSI = 53.474, MACD = 190.020, ADX = 26.060) as it is trading inside a Triangle pattern, sideways around the 4H MA50. A crossing over the R1 level will be a long aiming at the 2.0 Fibonacci extension (TP1 = 48,000), while a crossing under the S1 level will be a short aiming at Fib 0.0 (TP = 42,000).
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S&P 500 BREAKOUT?! 18.2.25Simple as can be.
1. November 2024 - Feb 2025 wedge pattern, converging support and resistance with higher highs and lows.
2. Descending trend-lines within the wedge, first line broken Jan 16th (highlighted) - 3% jump in 3 days of trading, second line broken today, Feb 18th.
3. Potential rise to the top of the wedge pattern, around the mid 6300's.
Stay logical, with a plan and consistent.
Fortune favors the brave!
US30 Holding Above 44,404 – Breakout to 45,099 or Pullback FirstUS30 (Dow Jones) Technical Analysis – February 18, 2025
The US30 (Dow Jones) is currently holding above the pivot line at 44,404, indicating a potential bullish move. The price is consolidating within an ascending channel, and as long as it remains above this pivot zone, the trend remains bullish.
Technical Outlook
Bullish Scenario: If the price holds above 44,404, it is expected to push higher toward 44,756. A breakout above 44,756 would confirm a continuation toward 45,099 and 45,323.
Bearish Scenario: If 44,404 fails to hold, a downside move toward 43,763 could occur. A confirmed break below 43,763 would push US30 further down to 43,212 and 42,769.
Key Levels to Watch
🔹 Pivot Point: 44,404
🔹 Resistance Levels: 44,756, 45,099, 45,323
🔹 Support Levels: 43,763, 43,212, 42,769
📈 Directional Bias: The price is expected to test 44,756 before deciding whether to break higher or reject toward 44,404. Holding above this level keeps the bullish trend intact.
💬 Will US30 break resistance for new highs, or pull back first? Share your thoughts! 👇🔥
S&P500: 1D MA100 in support going for a Cycle high.S&P500 just turned bullish on its 1D technical outlook (RSI = 58.850, MACD = 26.670, ADX = 18.407) a week after it tested the 1D MA100. Every time the 1D MA100 gets tested and holds a +15% rally starts that tests the HH trendline. Go long, TP = 6,650.
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Nasdaq-100 H4 | Bullish uptrend to extend further?Nasdaq-100 (NAS100) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 22,105.08 which is a pullback support.
Stop loss is at 21,948.00 which is a level that lies underneath an overlap support.
Take profit is at 22,378.60 which is a level that aligns with the 100.0% Fibonacci projection.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
S&P 500 Daily Chart Analysis For Week of Feb 14, 2025Technical Analysis and Outlook:
During the recent weekly trading session, the S&P 500 effectively reached and tested the critical Key Resistance level at 6083. It retested the completed Outer Index Rally at 6120, indicating a potential continuation of the bullish trend toward the intermediate target of 6233. However, a market pullback is anticipated due to this price action. Current analyses suggest that the designated downward target is set at the Mean Support level of 6049, with potential extensions to 5995, 5936, and the Outer Index Dip at 5878.
NEHT25 Trend Continuation - Will Buyers Push Toward 963$?PEPPERSTONE:NETH25 is demonstrating strong bullish momentum, supported by a well-respected ascending trendline. The consistent series of higher highs and higher lows suggest that buyers remain in control, with price action steadily advancing.
A potential pullback toward the trendline support could provide an opportunity for buyers to step in, maintaining the overall uptrend structure. If the market continues to respect this trendline, we can anticipate a continuation toward the 963.00 level as the next upside target.
This setup aligns with the expectation of a bullish continuation, offering a potential long opportunity if price consolidates or forms a higher low near the trendline.
If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
FTSE100 H4 | Falling to overlap supportFTSE100 (UK100) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 8,691.94 which is an overlap support.
Stop loss is at 8,504.00 which is a level that lies underneath a swing-low support and the 38.2% Fibonacci retracement level.
Take profit is at 8,892.06 which is a level that aligns with the 78.6% Fibonacci projection level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
S&P500 Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring US500 for a buying opportunity around 6100 zone, US500 was trading in a downtrend and currently is in a correction phase in which it is approaching the retrace area at 6100 support and resistance area.
Trade safe, Joe.
ASX 200: Why I don't trust today's 'record high'The ASX 200 reached a record high in today's session, but it's not a convincing record high in my books. If anything, it could signal yet another false break. Using the ASX cash and futures market alongside Wall Street indices, I delve into why we need to be on guard for another bull trap before the real move potentially begins.
Matt Simpson, Market Analyst at City Index and Forex.com
US30 Awaits CPI – Breakout or Breakdown?🚀 US30 Technical Analysis – CPI Impact in Focus
The US30 index remains within a descending channel, reacting around the pivot level at 44,404. The upcoming CPI report is expected to bring high volatility, as inflation data will influence the Fed's rate outlook and market sentiment.
📉 CPI Impact & Bearish Scenario:
- If CPI remains high or meets expectations (above 2.9%), the Fed is less likely to ease policy, leading to negative pressure on indices.
- A rejection from 44,575 would confirm bearish movement.
- A break below 44,404 will trigger a drop toward 43,763, confirming bearish continuation.
If 43,763 fails to hold, further downside targets are 43,212 and 42,769.
📈 CPI Impact & Bullish Scenario:
- If CPI drops below expectations (<2.9%), markets may rally on rate-cut hopes, pushing US30 higher.
- Holding above 44,404 could drive price toward 44,575.
- A breakout above 44,756 would invalidate the bearish setup, targeting 45,099 and beyond.
Key Levels
Pivot Line 44575
Resistance lines: 44756, 44925, 45100
Support Lines: 44404, 44230, 43890
Trend Outlook:
Bearish if CPI remains high (≥2.9%) & price stays below 44,404 📉
Bullish if CPI drops below expectations (<2.9%) & price holds above 44,756 🚀
💬 Will US30 break down or push higher? Drop your thoughts below! 👇🔥
USNAS100 Below 21,807 – More Downside or a Rebound! USNAS100 Technical Analysis
The price is currently trading below the pivot level at 21,807, indicating further downside potential. A breakout from this level will determine the next directional move.
🔑 Key Levels
📌 Pivot Point: 21807
📈 Resistance Levels: 21900, 22100, 22290
📉 Support Levels: 21670, 21560, 21400
📢 Market Outlook:
As long as price remains below 21,807, the trend favors a move toward 21,670 and 21,560.
A break below 21,560 could confirm a strong bearish continuation.
To regain bullish momentum, price must break and hold above 21,900.
💬 Will USNAS100 break lower or reclaim 21,900? Drop your thoughts below! 👇🔥
S&P 500 Consolidation – Breakout or More Range Trading?S&P 500 (SPX) Technical Analysis
The price is currently consolidating between 6,031 and 6,098, awaiting a breakout direction.
Bullish Scenario:
Price is expected to retest 6,031 before attempting a move higher.
Stabilizing above 6,031 will allow liquidity accumulation, potentially driving a rally toward 6,080 and 6,098.
A breakout above 6,098 could extend gains to 6,122 and 6,150.
Bearish Scenario:
If the price breaks below 6,010, this could confirm a shift to a bearish trend.
Further downside targets include 5,979 and 5,920.
Key Levels:
Pivot Point: 6070
Resistance Levels: 6098, 6122, 6150
Support Levels: 6031, 6010, 5973
Trend Outlook:
Bullish above 6,031, targeting 6,098 📈
Bearish below 6,010, targeting 5,979 📉
💬 Will S&P 500 hold above 6,031 or break lower? Share your thoughts! 👇🔥