US100 Outlook ICT ConceptsNASDAQ-100 (US100) Analysis
💰 Welcome to Your Channel!
Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on US100, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains.
💡 Previous Analysis Review:
In the previous analysis, we anticipated the price to begin expanding higher after a significant move to the downside, which has occurred as expected.
📍 Current Market Overview:
• Price Reaction: The NASDAQ-100 (US100) had a strong bullish reaction after sweeping the Sell-Side Liquidity (SSL) and tapping into the Daily Fair Value Gap (FVG).
• Expansion Higher: Currently, the price is expanding higher, moving into a premium zone as marked by the Fibonacci retracement levels.
🔍 Identifying Key Levels:
• PMH: Previous Month High
• PWH: Previous Week High
• PML: Previous Month Low
• SSL: Sell-Side Liquidity
• Buy-Side Liquidity (BSL): The levels that can be targeted if we go long.
• Daily FVG: The Daily Fair Value Gap, where the price had a significant reaction.
• 4H Bearish FVG: A 4-hour timeframe Fair Value Gap located above the current price.
• Fibonacci Retracement Levels: Key Fibonacci levels (0.50, 0.62, 0.705, 0.79) indicating potential resistance or retracement areas in the current premium zone.
📊 Key Considerations:
• Premium Zone: The price is currently in a premium zone, as identified by the Fibonacci retracement levels. This zone is generally where we anticipate some form of retracement or consolidation.
• Daily and 4H Bearish FVG: These gaps are significant resistance levels above the current price, which might act as targets if the price continues to move higher.
• Possible Retracement: Given that we are in a premium zone, a retracement lower is possible. However, further upside cannot be ruled out, especially if the price breaks through to the daily or 4H bearish FVG.
📈 Bullish Scenario:
• Sweep of Lower Time Frame SSL: For any new long positions, we need to see a sweep of lower time frame Sell-Side Liquidity (SSL). After this, longs can be considered, targeting the Buy-Side Liquidity (BSL) levels.
• Targets: The primary targets would be the Daily Bearish FVG and the 4H Bearish FVG above.
📉 Bearish Scenario:
• Retracement from Premium Zone: Given the current position in a premium zone, we could see a retracement lower. If this occurs, the key levels to watch would be the SSL areas or any previous supports near the Daily FVG.
📊 Chart Analysis Summary:
• Bullish Expectation: We have seen the long scenario play out successfully. For new longs, wait for a sweep of lower time frame SSL before targeting BSL, with potential targets being the Daily and 4H Bearish FVGs above.
• Bearish Expectation: Consider the possibility of a retracement from the premium zone. If the price shows signs of weakness, a move lower to previous supports or SSL levels could be expected.
Conclusion:
The NASDAQ-100 is currently at a critical junction in the premium zone, with the possibility of either further expansion to the upside or a retracement lower. The key to the next move lies in observing the price action around the Fibonacci retracement levels and the reaction to the bearish FVGs above. Any long positions should be taken cautiously after a lower time frame SSL sweep, targeting BSL levels, while keeping an eye on potential retracement scenarios.
🙏 Thank you for joining us!
Exploring US100 today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning!
⚠️ Disclaimer
The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
NASDAQ 100 CFD
USNAS100 6H / Uptrend toward 18680 !!!Nasdaq Technical Analysis
The price has reversed and stabilized above the pivot line at 18,425.
Next Outlook:
The price is expected to consolidate between 18,415 and 18,680 until a breakout occurs.
Bullish Scenario:
Stability above 18,420 will support a bullish trend toward 18,680, with potential to reach 18,910.
Bearish Scenario:
If the price drops and stabilizes below 18,420, it may decline toward 18,325. Continued stability below this level could further support a fall toward 17,900.
Key Levels:
Pivot Line: 18,435
Resistance Levels: 18680, 18910, 19100
Support Levels: 18325, 17910, 17625
Today's Expected Trading Range:
The price is anticipated to fluctuate between 18,911 and 18,325.
Tendency: Uptrend, as long as trading remains above 18,425.
Nasdaq Thoughts 09-Aug-2024Please find my NASDAQ market analysis for today below. As a price action trader, I encourage you to compare my charts with yours and use my insights to enhance your skills. These videos are designed for educational purposes only, not as trading signals. My goal is to help you grow and become a proficient trader.
USNAS100 12H / Markets Remain Volatile Awaiting Jobs DataNasdaq Technical Analysis
Markets Remain Volatile Awaiting Jobs Data
Next Outlook:
The price is expected to consolidate between 17,900 and 17,590 until a breakout occurs.
Bullish Scenario:
For a bullish trend to develop, the price needs to stabilize above 17,900 by closing a 4-hour candle above this level, which could support a rise towards 18,420.
Bearish Scenario:
Stability below 17,900 will support a decline towards 17,590. Further stability below 17,590 could drive the price downward to 17,050.
Key Levels:
- Pivot Line: 17900
- Resistance Levels: 18050, 18240, 18420
- Support Levels: 17730, 17590, 17300
Today's Expected Trading Range:
The price is anticipated to fluctuate between 17,980 and 17,580.
Tendency: Downward, as long as trading remains below 17,900.
Previous idea:
NAS100 H1 | Falling to pullback supportNAS100 is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 17,441.70 which is a pullback support.
Stop loss is at 17,100.00 which is a level that lies underneath a pullback support.
Take profit is at 18,427.26 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement 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. 68% 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, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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.
Bearish drop?NAS100 has rejected off the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could potentially drop to our take profit.
Entry: 18,292.33
Why we like it:
There is a pullback resistance level which lines up with the 50% Fibonacci retracement.
Stop loss: 18,736.57
Why we like it:
There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement.
Take profit: 17,445.52
Why we like it:
There is a pullback support level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
What's going on with QQQ and Tech?Here is what I have been tracking with my technical analysis. What we saw since the end of July is the AI bubble losing its momentum.
What happened?
You can see on June 24th where price gaps up above the long-standing blue trading channel from 2009 that contained trading from 2009 until the 2020 bubble.
You can see it gap down back into the blue channel on July 24th.
It found some support on the mid-line of the longer running black channel from 2009 that includes the covid bubble peak.
Then we got a test of the blue channel resistance on August 1st with a very strong rejection.
Then the bottom dropped out to break below the AI rally purple channel.
Where are we now?
The morning open on Monday saw a test of the red trend line with a strong rally to back above the 200.
We saw a test of the previous purple channel with a high wick on Tuesday.
Today (Wednesday) saw a strong rejection of the channel, where it looks like support has now become resistance. We saw the high wick touch the orange price line around $449. The good news is that the 200-day SMA is showing support again.
Where are we going (this is my guess)?
It looks like the market is trapped between a rock and a hard place. I think the 200 day and the red trend line are going to give QQQ support as long as there are no other panics.
It is unlikely that the AI momentum will be coming back either.
I think it is going to drift sideways for a few days before picking a direction. This means it may bounce up and down between the purple channel and the 200-day into next week. You can see the red down channel that has now formed.
If we do get a counter rally then I would expect it to stay inside the channel. That would leave us with a potential another leg down. The RSI is only a little into the oversold range. How far? My guess would be either the red trend line again, or maybe even farther to the center of the blue channel. We get down that low, then I have a bunch of cash to go long.
I just can't see why QQQ would rally back to ATH now. There is way too much uncertainty now, but markets are irrational. I could see QQQ working back up the underside of the purple channel until the end of the year, with a lot of up and down action.
I really do think that there is a bigger pullback sometime in the next several months. The market is just running close to the top of the decade plus trading channel and the AI bubble may finally become deflating some. I believe that we will see a touch of the center line of the blue channel in the next few months, which could be Nov or Dec time frame. That will give us a lot more room to rally and make some good money.
NASDAQ Is Approaching The Main TrendHey Traders, in today's trading session we are monitoring NAS100 for a buying opportunity around 17500 zone, NASDAQ is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 17500 support and resistance area.
Trade safe, Joe.
NAS100 I Daily correction potentially to 19,000 zoneWelcome back! Let me know your thoughts in the comments!
** NAS100 Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
US100 / NAS100 - Bullish from here?Currently there is uncertainty in financial markets due to fears of recession. This trade idea is purely based on technical analysis.
CAPITALCOM:US100 has been in a long term bullish trend. Currently price is retesting a long term trend line, which I expect will trigger bullish momentum just like previous support found at this level. Keeping our SL below a prominent low below the trend line!
USNAS100 6H / Futures rally as Big Tech extends recovery
Nasdaq Technical Analysis:
Futures rally as Big Tech extends recovery
Next Outlook:
The price reached their resistance at 18430, so as long as trades on it means bearish trend.
Bullish Scenario:
Stability above 18435 will support rising to get 18625 and 18930
Bearish Scenario:
As long as the price trades below 18435 will drop to touch 18145 and 17880
Key Levels:
- Pivot Line: 18430
- Resistance Levels: 18625, 18760, 18930
- Support Levels: 18140, 17880, 17630
Today's Expected Range is between 18435 and 17870
Tendency: Downward as long as trades under 18435
Nasdaq Thoughts 07-Aug-2024Kindly see my NASDAQ thoughts for today. These videos are aimed at making you compare charts with mine if you are a price acton trader and use my thoughts to improve your skill. They are not meant as signals even if they seem like they are. I want you to learn and be great
Nasdaq Thoughts 06-Aug-2024Hello all, Kindly see my NASDAQ thoughts for today. These videos are aimed at making you compare charts with mine if you are a price acton trader and use my thoughts to improve your skill. They are not meant as signals even if they seem like they are. I want you to learn and be great
QQQ back in long term channel. What's next?After spending about a month above the long term blue channel since 2009 (excludes COVID bubble), QQQ is back inside the blue channel. You can see the gap up on June 12th and gap back down on July 24th. The black channel goes all the back to 2008 and the bottom of the market and includes the COVID bubble. The black mid-channel is currently acting as support. The AI rally starting in Jan 2023 has been confined to the purple channel. I see a couple of options for the next week or two. First, we could see a rally to test resistance of the purple channel. It is possible that we jump back above and the AI rally continues, but that fells unlikely. Second, it seems to me a bigger correction could be in store to break the purple channel support down to the red trend line. The core batch of tech earnings is up the next week or so, and that is going to have a lot to do with the direction.
Weekly
NQ1! Historical Fall and Important LevelsThe price fluctuated by more than 5% prior to the New York session, an atypical occurrence that suggests increased risk for the week ahead.
Volatility exceeding 130 should be regarded as a cautionary signal.
It may be prudent to reduce trading risks this week
This significant drop could be due to concerns that if the USA election results in a Trump victory, the USA might stop protecting Taiwan, which could cause major issues in semiconductor production.
Important liquidity levels given in the chart.
Ask any questions you might have in the comments and please boost if the idea helped you!
U.S. Futures Plunge on Recession Fears (USNAS100)U.S. Futures Plunge Nearly 4% Amid Recession Fears and Global Market Sell-Off
1. Nasdaq Technical Analysis:
Last week, the Nasdaq saw a decline of approximately 10.5% due to investor fears of a recession and geopolitical tensions.
Outlook:
The bearish trend is expected to continue towards 17,360 and 17,020 as long as the price remains below 17,875.
Bullish Scenario:
A reversal is anticipated if the price rises above 17,875 and closes a 4-hour candle above this level, targeting 18,150 and 18,430.
Bearish Scenario:
If the price trades below 17,775, it is likely to drop to 17,360 and 17,000, potentially breaking 16,990 to reach as low as 16,420.
Key Levels:
- Pivot Line: 17750
- Resistance Levels: 17870, 18140, 18430
- Support Levels: 17370, 17050, 16500
Today's Expected Range:
The price is anticipated to fluctuate between the support at 16,990 and the resistance at 17,880.
--------
2. U.S. Futures Plunge as Recession Fears Grip Investors
U.S. stock index futures tumbled on Monday, with Nasdaq futures falling nearly 4%, as recession fears spread through global markets. The stock markets across Asia and Europe experienced significant declines, and bond yields fell as investors flocked to safe-haven assets. Many are betting that the U.S. Federal Reserve will need to cut interest rates quickly to stimulate growth.
All megacap and growth stocks, which had been the main drivers of the indexes reaching record highs earlier this year, dropped sharply in premarket trading.
--------
Previous idea:
Nasdaq Thoughts 05-Aug-2024HELLO Everyone! Please find my NASDAQ market analysis for today below. As a price action trader, I encourage you to compare my charts with yours and use my insights to enhance your skills. These videos are designed for educational purposes only, not as trading signals. My goal is to help you grow and become a proficient trader.
NAS100 I Where will BUYERS step in?? Welcome back! Let me know your thoughts in the comments!
** NAS100 Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Nasdaq 2024 GuideBeen a long time since I posted! Firing it up with my bigger-picture view of the Nasdaq.
Longer timeframe: Multi-year cup and handle - bullish into year-end
Shorter timeframe: Rising wedge - potential window of weakness around the corner (end of Feb?)
What's actionable about this chart?
- If actively trading watch for a short-term sell signal - close below the wedge/below the prior day/week low depending on your time frame
- Sell/trim into strength around 18k (top of the rising wedge)
- If there's a retest of the multi-year breakout that is a great r/r add/buy spot into year-end
- Fib extension from the 2022 low to the 2021 high measures to 20,650
- A break below 16k would put the bullish year-end thesis at risk
- This chart should have ZERO influence on individual stocks that are set up differently - follow your system
Like the post for more / comment on what you'd like to see more of.
Thanks for reading!
Nasdaq Futures Rise on Fed Cut Hopes; Amazon and Apple Earnings Nasdaq Futures Climb on Upbeat Meta Results and Fed Cut Hopes; Amazon and Apple Earnings Awaited
Technical Analysis:
The price has reached the resistance line as previously mentioned.
Next Outlook:
For the Nasdaq to maintain its bearish trend, it must stabilize below the resistance line at 19,625, targeting a move towards 19,220.
Bullish Scenario:
Closing a 4-hour candle above 19,625 could push the price to 19,740 and 19,845.
Bearish Scenario:
As long as the price trades below 19,625, the bearish trend remains intact. Stability below 19,525 will likely lead to a drop to 19,220.
Key Levels:
- Pivot Line: 19,525
- Resistance Levels: 19,625, 19,735, 19,845
- Support Levels: 19,220, 19,100, 18,930
Today's Expected Range:
The price is anticipated to fluctuate between the support at 19,100 and the resistance at 19,625.
previous idea: