Nasdaq 100: Bearish Signals Near the All-Time HighNasdaq 100: Bearish Signals Near the All-Time High
As the 4-hour chart of the Nasdaq 100 (US Tech 100 mini on FXOpen) shows, the index reached a new all-time high last week. However, the price action suggests that the current pace of growth may not last.
Last week’s strong labour market data triggered a significant bullish impulse. However, the upward momentum has been entirely retraced (as indicated by the arrows).
The tax cut bill signed on Friday, 4 July, by Trump — which is expected to lead to a significant increase in US government debt — contributed to a modest bullish gap at today’s market open. Yet, as trading progressed during the Asian session, the index declined.
This suggests that fundamental news, which could have served as bullish catalysts, are failing to generate sustainable upward movement — a bearish sign.
Further grounds for doubt regarding the index's continued growth are provided by technical analysis of the Nasdaq 100 (US Tech 100 mini on FXOpen) chart, specifically:
→ a bearish divergence on the RSI indicator;
→ price proximity to the upper boundary of the ascending channel, which is considered resistance.
It is reasonable to suggest that the market may be overheated and that bullish momentum is waning. Consequently, a correction may be forming — potentially involving a test of the 22,100 level. This level acted as resistance from late 2024 until it was broken by strong bullish momentum in late June.
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US NAS 100
NASDAQ: Minor Pullback, Still on TrackOn Friday, the Nasdaq experienced a slight pullback, which was quickly absorbed at the start of the week. Currently, the index is still developing the turquoise wave B, which should top out just below resistance at 23,780 points, signaling the start of the bearish wave C. This move should lead to the low of the magenta wave (4) within our turquoise Target Zone between 17,074 and 15,867 points. Alternatively, there is a 42% probability that wave alt.(4) is already complete. In this scenario, the magenta wave alt.(5) could carry the index immediately above the mentioned resistance.
📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
NAS100 LongNow that we have an official strong bullish close breaking previous highs on the weekly and monthly time frame. We will look for a potential pullback. The 3M candle is currently on track to closing as a strong bullish engulfing. Also, a 1M morning start followed up by a bullish momentum candle.
USTECH Long opportunity USTECH is currently on a bullish impulse move, sitting at the resistance level of 22,000. price is trading above the 50 SMA and we can see momentum favors the bulls with the RSI above the 55 level
Expecting a drop in price, based on the technical analysis, where we could potentially see a retest of of the 21,800 price level before the bullish trend resumes beyond 22,000.
Fundamentals with the Iran Israel cease fire support further bullish indices with confidence coming back into the markets.
NAS100 Bullish Breakout SetupNAS100 Bullish Breakout Setup 🚀
🧠 Chart Analysis (H4 timeframe)
🔹 Ascending Channel:
Price has been trending inside a clear ascending channel (blue zone), supported by higher highs and higher lows.
🔹 Support & Resistance:
Support: Around 21,635.32 – tested multiple times (highlighted by 🔵 arrows).
Resistance: Around 22,265.19 – recent highs and psychological barrier.
🔹 Double Bottom Formation 👣:
Near support zone, a potential double bottom (bullish reversal pattern) is visible. The neckline has been challenged.
🔹 Breakout Confirmation 🟢:
Price has broken above the descending neckline of the double bottom and is hovering near 21,644, indicating potential bullish continuation if sustained.
🔹 Target 🎯:
Projected breakout target lies at 22,265.19, aligning with the previous resistance zone.
🔹 Volume & Momentum 📊:
While not shown, a breakout above the neckline generally needs strong volume confirmation to validate the move.
📌 Conclusion:
If price sustains above the 21,635 – 21,644 area and gains momentum, the path to 22,265 looks likely ✅. However, a false breakout could drag the price back into the channel.
NAS100 live trade execution 10k profit and breakdown Seven fundamentals for the week: Iran-Israel war, Fed to fire up tariff-troubled markets
Premium
When will the Fed cut interest rates? That question competes with the Israel-Iran war and the fate of the tariffs America slaps on its peers. US retail sales and interest rate decisions in Japan and the UK keep things lively as well.
NAS - TIME TO MAKE ACTIVE TRADER ROOM GREATER AGAIN!Team, last week we got a good entry on both DOW/US30 AND NAS100/TEC100
Yes, i do know about the situation with ISRAEL AND IRAN.
This will drag on for at least 3-6 months for the solutions
however, I expect the cease fire should be stop within next week as President Trump's is negotiation with Iran
There are two strategy to trade for the NAS- NASTY market
Rule: make sure you calculate how much position and volume you are taking risk on the trade. Every time you enter, ensure you are understood each trade risk.
As I always do.
The last 90 days we have not losing a single trade - check my new video release soon.
OK, lets get back to the trade set up again
entry small volume at market now.
If market falling down during US session, buy more at the second setting
However, I expect the 1st setting likely to recover soon.
Jump on board now.
See you to the moon
NAS - LOOKING FOR RECOVERTeam This morning we got out of beautiful SHORT on UK100
Market dumping hard due to ISRAEL'S and Iran
However we expect market to be recover during UK market opening
Please follow the price accordingly to the chart
Once it reach 1st target, take 50-70% profit reduce the volume and bring stop loss to BE
LET'S GO.
Staircase seen in real chartsFor the most part OANDA:NAS100USD has exhibited a near perfect staircase up so far.
It does appear fairly extended right now, but with rotation out of safe havens into risk on assets again, what remains to be seen is how much fuel is in the tank, and how far can the tailwind take it.
Nasdaq will reach 25'000 still no body see it?Current level: 21,876
Previous ATH: 22,222.61
Next stop? Well… if you ask the pivot levels they're whispering "23347.20, baby."
What we’re looking at is not just a strong recovery it’s a market that refuses to take a breather. With weekly candles forming higher lows and pivot zones behaving like polite suggestions rather than resistance, it’s hard not to think the index is gearing up for a proper breakout.
Sure, skeptics will say we’re overextended. Bears will point to the volume spikes and say “exhaustion.” But momentum? She's dancing in stilettos on top of R3 like it's a catwalk.
Now, here's the fun part:
If this rhythm keeps up and if inflation, rates, and the Fed behave like decent background characters then 25,000 by the end of the year isn’t just possible. It's that slightly overconfident friend at the party who's already halfway into a celebratory toast.
So… who dares to trust the trend?
Because let’s be honest: being early is painful, being late is expensive but being in the trend? That’s just good business.
📈 Trade safe, manage risk, and don’t fight the trend. Unless you're into that kind of thrill.
#tradehills #Pscarfo