US 100 forum
NAS100 Easy levels for this thing this week...hope ya'll had fun
NDQ whats this volatility
NDQ Cheese burgers
NAS100 market been off trading since start of NY session. Sometimes you need to know what’s the maximum of the market
NAS100 what about those candles on 15mim charts...
NAS100 where are you guys seeing the support level when this thing starts going down. 4hr chart
US100 Well, that’s that, folks! No worries, though. Our aim is to develop a system that’s consistently profitable over time, not to stress over a few trades that hit stop-loss—even if they do eventually turn positive. What matters is that our analysis was correct, confirming that we’re on the right track. As long as we maintain the right bias, identify correct moves, and stick to the plan, small losses are part of the process. It’s about building a system designed for longevity and sustainability. We would rather see our SL hit at an acceptable Rate and then reverse then we hold a position at -80% hoping it reverses. Putting that aside, let’s dive into the current market developments. The market is now testing the 4 trendline that it recently broke out of and sitting above a four-hour order block—another bullish sign. Notably, the large wick on the one-hour candle suggests an imbalance, which will likely be filled as the trendline is retested from above, potentially after the anticipated large, violent move upward.
Our bias shifted to bullish a few days ago after we saw a daily close above the 20 and 50 SMAs. Historically, this has been a strong bullish signal on the Nasdaq, especially following a bounce. However, remember not to fall in love with a single bias. The markets are dynamic, and adaptability is crucial.
On the analysis front, the market is now at a 100% Fibonacci extension for the upward move. While the four-hour structure technically remains bearish (we haven’t seen a definitive break of a high yet), the overall momentum suggests we’re no longer in bearish territory. We anticipate a possible gap up on Monday, with a move toward 21,700. Following this, the market could reset around 21,500 or even 21,450, briefly dipping back into the triangle before resuming the larger upward trend toward all-time highs.
That said, we don’t aim to predict the market; we aim to react to it. This is simply our current analysis. The market’s strength remains evident, with the four-hour RSI bouncing at the 50 level during the recent pullback—a clear signal that bearish momentum didn’t take hold. While there’s still some slight weakness when considering EMAs, we’re not solely relying on indicators.
We’ll continue monitoring these developments closely and will keep everyone updated. If you find this analysis helpful, make sure to follow along!
NDQ still 2 hour trading left , what my friends guess ????