Nasdaq market analysis: 14-Jan-2025Good morning! Here's your daily Nasdaq market analysis. Learn, grow, and trade wisely.
US100 trade ideas
Nasdaq 100 Index in a Descending Channel – What’s Next?The Nasdaq 100 Index is currently trading within a descending channel, indicating a downtrend. The current price is around $20,784.72, near the lower boundary of the channel. For the market to reverse, the price needs to break above the upper boundary of the channel, signaling a potential shift to an uptrend.
🚩 What Needs to Happen for the Market to Go Up?
1️⃣ Break Above the Upper Boundary : A breakout above the upper boundary would suggest a bullish reversal. The first resistance level above the upper boundary is around $21,629. If the price clears this level, the next major resistance could be at $22,000.
2️⃣ Volume Confirmation : A strong buying volume should support any move above resistance to confirm the breakout.
3️⃣ Positive Catalysts : Favorable news or economic data could provide the needed push to break through the upper boundary.
⚠️ I f the Lower Boundary Breaks …
If the price falls below the lower boundary, the next support level is near $20,383. If the price breaks through this, the next potential support is around $19,630.
📊 Key Takeaway :
Watch for a breakout above the upper boundary, with $21,629 and $22,000 as potential resistance levels, or a breakdown below the lower boundary, with $20,383 and $19,630 as key support levels. Where do you think the market is headed? Share your thoughts!
US100US-100 Analysis Recap
Weekly Chart Overview
• Trend: The US-100 remains in an ascending channel on the weekly chart, respecting key trendlines. There are arguments for the presence of two overlapping channels, both of which have been marked for analysis.
• Current Outlook: The previous consolidation appeared to suggest a potential move down toward the lower boundary of the channel, but recent price action indicates this is unlikely. Instead, the next significant target could be around 23,280, contingent on the continuation of bullish momentum.
• Fibonacci Levels: Using the bullish wave that began on 9th September, the recent bounce aligns with the 0.382 retracement level at 20,700, which has shown strong support and adds to the case for bullish continuation.
Daily Chart Overview
• Trend: On the daily chart, price has broken out of a Rising Price , with significant bounces off a daily order block at 20,700–20,713 After testing support on the 100EMA. This level aligns with the 78.6% Fibonacci retracement of the previous bullish wave, often a critical make-or-break zone for bullish retracements.
• Elliott Wave Analysis: Applying basic Elliott Wave principles, the price action suggests that the consolidation from 30th October may have marked the end of Wave 2, with the next potential Wave 3 targeting the upper channel boundary around 23,550. This projection aligns with the expected characteristics of a strong impulse wave.
• Key Patterns: The consolidation pattern resembles previous corrections observed in July 2023 and October 2023, marked by lower highs but with eventual breakouts into bullish continuations.
4-Hour Chart Overview
• Trend: The price has broken out of a descending trendline wedge but currently sits at a 4-hour order block. While these are not as significant as daily order blocks, they may still act as resistance or support.
• Next Steps: A deeper retracement could occur, potentially testing the trendline or sweeping liquidity below the descending trendline before moving higher.
• Fibonacci Extensions: The price is nearing the 100% extension level of the recent downward move, which could act as a short-term resistance. Any push higher may target the lower boundary of the daily channel before a retracement, offering an opportunity for long entries near 21,486–21,137.
Exclusive Indicator Insights
• Weekly Buy Region: After weeks of no activity since 16th December, the Weekly Buy Region indicator has printed its first green bar, signaling a potential shift toward bullish activity. If the coming week also prints a green bar, it would strengthen the case for a breakout and continuation toward higher levels.
• Daily Buy Region: The Daily Buy Region indicator has not yet shown buying activity, reflecting a lack of short-term confirmation. However, early signs of market strength suggest that this may change soon.
• Proprietary Tools: These custom indicators are invaluable for identifying areas of buying and selling activity, giving a clear edge in market positioning. While we don’t reveal the full methodology behind these tools, their accuracy and application are integral to our analysis and setups.
Summary
The US-100 shows strong signs of bullish potential, with the weekly channel holding and a critical bounce from key Fibonacci and order block levels. However, near-term resistance levels suggest that some retracement or liquidity grabs may occur before the next significant bullish wave.
Key levels to watch:
• Support: 20,700 (daily order block), 21,137–21,486 (retracement zone for long entries).
• Resistance: 23,280 (upper weekly channel boundary), 23,550 (Wave 3 projection).
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Our proprietary indicators, including the Weekly and Daily Buy Regions, have been developed to identify key zones of activity with precision. These tools enable us to capture actionable opportunities in real-time and are especially effective for major indices like the US-100.
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NAS 100 Analysis Based on the technical analysis of US 100 Cash CFD appears to be trading near a key support level, suggesting a potential reversal. Multiple bounce points on this support level (marked with circles) indicate its strength. The entry point is strategically set just above the support, with a target price (TP) of 21,200, aligning with a previous resistance level. A tight stop-loss is placed below the support to minimize risk.
Fundamentally, potential catalysts for this trade might include positive economic data or earnings reports, which could drive market sentiment higher. However, monitoring broader market trends and news related to tech-heavy sectors is crucial to validate this setup.
Note This Analysis Fir Education purpose Only trade safe thanks must support
SL HIT ON NASDAQAs I post my winning trades, I'm going to post my losing one, so people, especially beginners know that trading isn't always wins and wins, and no strategy always brings back profits for you.
Every strategy has downsides and upsides, this is the first thing I teach to my students who fully understands it.
In case you wondered how I trade, I'm a reversal based trader. hich means I trade reversals, ans as every strategy it works 80% of the time and having a losing day of the week, but the unforgivable thing is to let your emotions take over your trading and lose all the profits you made.
The first thing I teach is don't let your emotions take over your trading, and don't make more than 2 losing trades a day. STICK TO THE PLAN.
Follow for more!
4-hr NASDAQ: 1000 Points Drop on the RadarToday is CPI day, and technical analysis often falters on major news days. Nevertheless, here's our take on the US Tech 100: we anticipate a potential drop of 800-1,000 points. December's Fed comments triggered a selloff, with bears dominating the index for weeks. The strong downward momentum aligns with Death Cross patterns—short-term moving averages crossing below long-term ones, a classic sell signal.
We’re also monitoring a Descending Triangle pattern. If the price breaks below the support line, theory suggests a drop equal to the triangle’s height. Adding weight to this bearish view, the price recently tested, broke, and closed below the crucial 61.2% Fibonacci retracement level. A break below this level often signals a trend reversal rather than a correction. Based on these setups, we foresee the US100 dropping to 20,000 or lower.
However, if CPI data comes in below expectations, all this could change, and the index may spike north by 400-600 points.
NASDAQ 1D Market ViewPotential for a bearish pullback on the NASDAQ 1D which could lead to a price movement towards the support level at 19.800
NASDAQ // countertrend breakThe market is at the countertrend break.
There is a clean (not tested) H4 breakdown close to the highest daily peak that needs attention and position management, but above that, the target fibo levels are valid targets.
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Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated.
Level colors:
Daily - blue
Weekly - purple
Monthly - magenta
H4 - aqua
Long trigger - green
Short trigger - red
———
Stay grounded, stay present. 🏄🏼♂️
<<please boost 🚀 if you enjoy💚
Actionable Nasdaq insights: 17-Jan-2025Rise and shine, traders! End your week trading with actionable Nasdaq insights. Let's grow your skills together, one chart at a time.
US100 T/Aprice action has been respecting this channel to date so I wouldn't be surprised to see it stay inside for another while. 👽
Possible Buy Opportunity on NAS100Price seems to be in the reversal phase and is showing an impulsive move to the upside. We wait for the pullback to the level to take the trade.
USTECH - SELL CALLMarket is making series of LH and LL. DXY is Bullish which further confluence to bearish trend. market is 4H support level. if this breaks, market will test FIB Extension Levels as mentioned. market has also rejected from trend line resistance. HAPPY TRADES and ENJOY WEEKEND CALL.
Short NasdaqHTF zone mitigated. See last post for pullback into the zone. 4 hour solid bar close. Shorting to support level
LONG in NASDAQHello Fellow Traders,
I wanted to update you on my recent activity in the markets. As mentioned in the USDCAD short idea update, I successfully opened a long position in BTC. Today, I’ve identified another excellent opportunity, this time in NASDAQ.
This morning, NASDAQ rebounded following a lower-than-expected PPI report, showing initial strength. However, the momentum faded, and the index is currently down by 0.16%.
Given this setup, I’m opening a long position at 20,739 with:
Stop Loss (SL): 20,619
Take Profit (TP): Targeting the range of 21,000–21,200
Let’s see how this trade unfolds. Stay disciplined and manage your risks effectively. Good luck trading!
Nasdaq analysis: 15-Jan-2025Good morning, trading community! Today's Nasdaq analysis is for you. Share your thoughts, ask questions, and let me help you grow.
NASDAQ, Will it shock everyone? GBEBROKERS:USTEC / 1D
Hello Traders, welcome back to another market breakdown.
NASDAQ is showing strong bullish momentum, after failing to break bellow support levels and signaling a potential continuation to the upside. However, I recommend waiting for a pull-back to the previous daily range instead of jumping in at current levels.
If the pullback holds and buying confirms, the next leg higher could target:
First Resistance: Immediate levels formed during prior consolidation.
Last swing high
Stay disciplined, wait for the market to come to you, and trade with confidence!
Trade safely,
Trader Leo
Bullish momentum for US100?
Possible bullish price action for US100. Break and Retest confirmation needed for a safer approach.
us100 We start a new year us100 the general trend is up and the goals are very big
Please be patient
Calm in the buying centers and make profits with every step or invest in the medium term as the market is still up
I repeat my words the goals are medium and long term investment goals up to 24 thousand
USNAS100 / STILL BEARISH POWER !!!USNAS100 Technical Analysis
The price is still consolidating between 20990 and 20215 till breaking.
so as long as trades below 21215 mean will touch 20990 and 20860.
A bullish attempt will be activated by closing 4h candle above 21220.
Key Levels:
Pivot Point: 21215
Resistance Levels: 21280, 21390, 21535
Support Levels: 20990, 20860, 20670
Trend Outlook:
Bearish while below 21215
Potential bearish drop?NAS100 has reacted off the support level which is an overlap support that lines up with the 23.6% Fibonacci retracement and could drop from this level to our take profit.
Entry: 20,941.46
Why we like it:
There is an overlap support level.
Stop loss: 21,195.49
Why we like it:
There is a pullback resistance level that lines up with the 50% Fibonacci retracement.
Take profit: 20,573.63
Why we like it:
There is a pullback support level that lines up with the 127.2% Fibonacci retracement.
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NAS100 ANALYSIS h1Hello Guy Here is My Analysis About NAS100 ANALYSIS Must Support And Don't Forgot Share Your Thoughts And Like button
Note This Analysis Only For Educational Purposes don't Consider It Trading Advice
US100 (NASDAQ 100) on the 1-hour timeframe potential long (buy) opportunity. Here's the breakdown:
1. Support Level:
A clear support zone in red around 20,874, where price previously reversed upwards. This area is acting as a strong base for potential bullish momentum.
2. Resistance Zone:
The green area above 21,700 is identified as a resistance zone, where prices might face selling pressure.
3. Trade Setup:
My suggestion a long Entry Near the current market price (21,162).
Take Profit (TP) levels are set at:
TP1: 21,400
TP2: 21,700
4. Trend Analysis:
The blue trend channel indicates an uptrend, with price making higher highs and higher lows.
The pullback from the resistance zone might provide an opportunity for price to continue upward.
5. Risk Management:
The stop-loss level is placed below the support zone at 20,874,
Moustafa!! Be ready for a big bearish wave will hit US100 soon! * The used times frames are the monthly, weekly and the daily.. on the chart at this idea, is shown the daily frame!
* The purple daily uptrend line which was not broken since 05.08.24 if you remember what happened at the carry trade and Japan interest rates of that time, was broken at 18.12.24 and then pullback then the index pushed down again then on 03.01.25, another pullback happened and it could go to max 21635 but I believe will be pretty hard that one daily candle can close above that price 21635
* A descending bearish triangle already formed and the main idea, that the index will face huge resistance which will push the price down to breakthrough the triangle to send the index further down to the TP1 regardless any bullish short term retraces to the upside, but 20230 will be my TP currently!
* I believe that the main target is even further down when the index touches by the daily candle the green uptrend line which is strong as a steel and was not broken since 06.01.2023 and the last time the index touched that line was at 05.08.2024 which caused a huge insane push to the upside.
* My Fib retracements levels are powerful and closure of the daily candle of 02.01.2024 is a huge indication that the index would go further down even if a pullback to the upside happened on the 3rd of January (last Friday session)
****** Note:
My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help.
I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.
