US100 (NASDAQ) Trade Idea 📊 US100 (NASDAQ) Trade Idea: Critical Support Test & Potential Reversal Setup
🔍 Key Levels & Context:
The US100 is currently testing a significant support zone between 16,000–17,000, which has historically acted as a springboard for rallies (see 2023 bounce). A breakdown below 16,000 would suggest a deeper correction toward 15,242 (next support) or even 14,000, while holding above 17,000 could keep the bullish structure intact.
🎯 Profit Targets (If Bullish Reversal Confirmed):
Initial Target: 19,000 (Previous resistance → now potential support-turned-resistance)
Secondary Target: 20,000–21,000 (Psychological level & measured move from consolidation)
Stretch Target: 23,000–24,000 (All-time high retest, Fibonacci extension confluence)
📉 Bearish Scenario (If Support Fails):
A close under 16,000 opens the door to 15,242 (2023 swing low)
Short-term rallies into 17,500–18,000 could then become sell opportunities.
So I think the US100 pursues the following projection, and I'd be happy if you share your thoughts 🫡
#Trading #NASDAQ #US100
NAS100 trade ideas
The Trump's disruption of globalizationHello,
The trump tarrifs are currently creating a perfect storm for long term investors. This is the best time to use the Newsflows & Tradingview news to understand whats going on & how it can impact your trading. Below are some of the things we see:
President Trump’s use of tariffs as a negotiation tool is not a new strategy, but his latest approach signals that President Trump is very keen on industrializing America. The president has made it clear that the tariffs have 3 goals
They can be used to raise money for the government just like taxes
They can be used to redistribute money from consumers towards domestic producers since they discourage against imports.
They can be used to realign global growth strategically shifting industries
We do not see a significant amount of money being raised from tariffs to offset taxes. However, as higher tariffs make it costlier for companies to manufacture abroad and export to the U.S., we anticipate a growing number of firms will relocate their production facilities to American soil. This will be great for the American labour force because it accounts for more jobs and will greatly align how global trade will move on going forward.
However, this strategy is not without its complexities. In today’s interconnected world, manufacturing relies on intricate supply chains, with components sourced from multiple countries. Such disruptions will affect the US market as well and trickle down to the end consumer. Below are some of the tariffs imposed on major trade partners
25% on foreign made cars
20% on the European Union
34% on China
26% on India
24% on China
Countries are threatening to strike back with countermeasures of their own. The USA treasury secretary has warned that countries that try to counter the tariffs will be dealt with separately. We see a direct impact on countries that heavily depend on exports to the USA as being the biggest losers in this conversation as they will have to relook at their markets once again. These countries may include China, Mexico and Germany. These countries may need to relook at the rest of the world to fill up the demand that used to go to the USA.
While many analysts predicted that these tariffs would drive inflation higher, we see a different outcome. The economic slowdown caused by retaliatory tariffs could actually put downward pressure on prices. On top of that, oil prices have remained low, further helping to keep inflation in check. In the long term we see a stronger US economy and more opportunities for companies that manufacture in the USA and have greater demand there.
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US100 has taken strong support at 17KUS100 has taken strong support at 17K. If it breeaks this support, it will reach to next level of 16 K. After China responded to U.S. tariffs by introducing a 34% tariff on all American imports starting April 10, stock market losses deepened on Friday. This downturn was further triggered by comments from Federal Reserve Chair Jerome Powell, who warned that the impact of a trade war could be more severe than expected. He noted that it could lead to slower economic growth and increased inflation, adding that the Fed is in no rush to cut interest rates in response.
NASDAQ: Wave Analysis & Forecast for April-MayHello, traders! Let’s analyze the current wave structure of the NASDAQ index.
At the moment, there is a high probability that the index is forming wave C of a correction. Most likely, this is a horizontal expanded correction.
✅ Sub-wave 1 of wave C has already formed.
✅ Sub-wave 2 is also likely completed.
On Friday, the index showed a strong decline and closed at the day’s lows, indicating a high probability of further downside movement next week.
What’s next?
We expect the formation of the third sub-wave within wave C. Most likely:
🔻 The index will continue to decline toward 17,700, where the 38% Fibonacci level is located.
🔻 The key support zone is 17,300.
🔻 After a short correction, the decline may extend to 16,300.
🔻 In a deeper scenario – down to 15,700-15,000.
Technical factors
⚡ The price failed to break above the 200-day moving average, bounced off it, and started declining.
⚡ The next major support is the 200-week moving average, around 16,200.
⚡ Throughout April – May, the market is likely to remain in a correction phase.
Once key levels are reached, we expect a potential reversal and new highs in the second half of 2025.
Stay tuned and share your thoughts in the comments!
Tariff news push down market, V sharp recovery still possibleDisclaimer: The following reflects personal opinions only and does not constitute investment advice. Please exercise your own judgment before making any decisions.
From Monday to Wednesday this week, the Nasdaq experienced a notable rebound, briefly climbing to 19,898 prior to the release of tariff-related news. However, the actual tariff figures and calculation methods far exceeded market expectations, causing a sharp sell-off once the announcement was made. On Friday, markets dropped further after China, the EU, and other countries announced retaliatory tariff measures. The VIX surged to 45.61 on Friday.
On Friday, Federal Reserve Chair Jerome Powell commented that the Fed remains in a wait-and-see mode regarding the future of tariffs. He noted that while tariffs could have short-term inflationary effects, current data shows inflation has significantly declined and the underlying U.S. economy remains strong. While this provided some support to the market, it was not enough to spark a meaningful rebound.
Key market concerns include:
1. Higher tariffs could lead to rising inflation, potentially delaying Fed rate cuts.
3. Tariff hikes and retaliatory measures may negatively impact multinational companies such as Apple and Nike that rely heavily on global markets and supply chains, resulting in lower revenues and increased operational costs.
3. Escalation of the trade war and more retaliatory measures may further dampen sentiment.
In the week ahead, markets will likely remain sensitive to policy developments.
A. If the Trump administration manages to reach agreements with certain countries to lower tariffs in exchange for concessions. Market sentiment could shift quickly, with investors viewing the tariff hike as a negotiation tactic with only short-term implications. - Vshape recovery
B. On the other hand, if the trade war continues to escalate, it would pose a clear negative for the markets.
Another potential headwind is the threat of U.S.-Iran conflict.
The Trump administration has repeatedly warned of possible military action against Iran. If such a conflict breaks out, markets may fear that Iran could block oil and gas shipments through the Strait of Hormuz, pushing up energy prices and triggering a broad risk-off move.
From a technical perspective, the market has broken below the upward trendline that has been in place since 2022, and continued to decline after retesting that level this week. Without a swift rebound, further downside is possible. Key support levels to watch are 16,962, 16,127, and 15,163.
That said, the tariff news has been priced in to some extent, and the VIX has already spiked above 45. The U.S. economy remains fundamentally solid, making it difficult for bearish sentiment to persist over the long term. Given Trump's negotiating style, some positive developments on tariffs are likely in the coming weeks. Meanwhile, the Fed has further reduced its balance sheet runoff in April, with QT now nearing its end.
In my view, short-term bearish sentiment may be near a turning point. There is a high probability of a rebound, but it’s essential to wait for further confirmation — either for negative news to subside or for a technical rebound signal to emerge.
At current levels, shorting the market carries high risk. Unless new negative catalysts or fundamental deterioration arise, I personally would not consider initiating short positions at this time.
NAS100/US100/NQ/NASDAQ Long-Bet Me, Others Sell=I BuyNAS100, US100, NQ, NASDAQ Long for 2 Weeks, it could drop a little forsure because I didn't get bullish confirmation but with my back testing of this strategy, it hits multiple possible take profits atleast TP-1, manage your position accordingly.
Use proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice
ABC Correction on nas100!Trading plan
SL:20,448.6
TP:17,000 / floating
Trading set up
(ABC) correction
A-Wave: Initial sharp decline with increasing volume, breaking short-term support.
B-Wave: Temporary recovery (typically 50-61.8% retracement) with lower volume.
C-Wave: Final decline, typically final capitulation, targeting major support and weekly moving averages or 1,618 fib level around 17,000 level as target price for correction
reasoning:
Trade war, trump tariff ,geopolitical issue and stocks has been overpriced for the last couple of months.
Understand Trump tariff war, Assess if market rebound is likelyIf you want to better understand Trump’s strategy for the tariff war and the underlying intentions—especially to assess whether a rapid market rebound is likely—you may refer to a paper by Trump’s economic advisor Stephen Miran, titled “A User’s Guide to Restructuring the Global Trading System.”
Here’s a brief summary of the key points from the paper regarding the trade war:
1. Market Volatility Is Anticipated
The paper acknowledges that sharply raising tariffs may trigger financial market turbulence, increase uncertainty, lead to rising inflation, potential interest rate hikes, and a stronger U.S. dollar—all of which could cause broader ripple effects. (In other words, the Trump administration is aware that such moves will shake the markets.)
2. Second Term: Focus Shifts to Legacy
While Trump and his team prioritized stock market performance during the first term, in a second term—when re-election is no longer a concern—he may focus more on leaving a political legacy. This includes reshoring manufacturing, tax reform, reducing national debt, and shrinking the trade deficit.
3. Tariffs as a Strategic and Fiscal Tool
This new round of tariffs serves not only as a pressure tactic , but also as a potential revenue source to fund Trump’s desired tax cuts. As such, the Trump administration may not rush to finalize new trade deals. Instead, tariff reductions would likely occur gradually, and only after securing substantial economic benefits.
4. Trade and Security Will Be Linked
Future trade negotiations will likely tie economic cooperation to national security. The U.S. could use a dual standard—“tariffs + security”—to compel other nations to follow U.S.-defined trade and geopolitical rules.
For example: Countries might be forced to join a tariff alliance against China. In exchange for market access, they would either have to tax Chinese goods or accept high U.S. tariffs and reduced security cooperation. For the EU, if it does not meet U.S. demands, tariffs would become a key revenue stream for the U.S., while freeing up American resources to focus on China’s rise rather than spending time and money on European security.
5. Big Picture Strategy: Build a Global “Tariff Wall”
This paper lays out a grand strategy to use tariff warfare to pressure countries into forming a global “tariff wall” encircling China, aimed at constraining China’s economic influence.
Strategic Implications
Based on this approach, the U.S. goal in trade negotiations is not merely tariff reductions or market access, but achieving:
1. Market access for U.S. goods via lowered barriers abroad.
2. Adoption of U.S.-led trade and geopolitical rules, including encircling China and sidelining nations like Iran and Russia.
3. Increased U.S. government revenue— meaning tariffs might persist throughout Trump’s term and not be eliminated outright!
Market Outlook
If the U.S. follows this roadmap, it’s unlikely that a consensus with China or other China-dependent economies (like the EU) will be reached quickly. This suggests that market volatility could persist for some time if these strategies are enacted.
Given the current asset declines showing signs of a liquidity crunch, without a clear positive catalyst (e.g., successful trade deals, tax cuts, or rate cuts), it may be difficult for equities, crypto, or even gold to see a meaningful rebound in the short term.
As markets remain highly sensitive to news, it’s crucial to focus on risk control in trading and consider reducing position sizes when needed.
Let’s keep the discussion going—what do you think about the future direction of U.S. trade policy under Trump?
@Nas Bears seeks The 17,000 handle as Recession fears spark sellfor Mexico, Canada, and the U.S. due to the turbulent rollout of Trump tariffs, which has created significant uncertainty for businesses and policymakers.
Concerns over inflation in the U.S., which were already growing, have intensified, making it more likely that the Federal Reserve will hold off on policy changes for the foreseeable future. Meanwhile, the risk of recession is increasing across all three countries, and that was witnessed On Monday as wallstreet painted its boards with Red arrows which was not a good sign that being said am anticipating that the Bearish rally will continue till we mitigate @17,000 handle.
waiting for Retest @20,000 Before the bears come in
Tp.17,000 which will be some days to come from today.
Nasdaq 100 drops to its lowest level since January 2024Nasdaq 100 drops to its lowest level since January 2024
According to the chart of the Nasdaq 100 (US Tech 100 mini on FXOpen), the index opened this week around the 16,500 mark – a price level last seen in early 2024.
This suggests that the sharp sell-off in equities seen last Thursday and Friday may well continue today.
Stock indices respond to Trump’s tariffs
Treasury Secretary Scott Bessent said on NBC News’ Meet the Press that there is “no reason” to expect a recession.
However, equity charts reflect market sentiment described by CNN Business’s Fear & Greed Index as “extreme fear”. This wave of negativity followed President Trump’s announcement on 2 April of harsher-than-expected international trade tariffs. In response, China and other nations announced retaliatory measures.
As a result, the Nasdaq 100 (US Tech 100 mini on FXOpen) now trades roughly 25% below its 2025 peak – officially entering bear market territory.
Technical analysis of the Nasdaq 100 (US Tech 100 mini on FXOpen)
Back on 28 February, we drew an ascending trendline (line A). Bulls attempted a rebound from this support (as shown by the arrow), but their efforts were overwhelmed by the White House’s latest policy decisions.
Given the updated price action, we can now treat line A as the median of an ascending channel. From this perspective, the index is currently near the lower boundary of the channel.
Technically, this could indicate potential support. However, as long as the price remains below the bearish gap – which includes the key psychological level of 17,000 – talk of a meaningful recovery may be premature.
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Nasdaq's Drop: A Temporary Rebound Before More Downside?I've been calling for a strong correction in the Nasdaq (and all major U.S. indices) since the start of the year—long before the tax war even began. I warned that a break below 20,000 was likely, with my final target set around 17,500.
And indeed, the index has fallen—regardless of what the so-called "cause" might be. Right now, Nasdaq is trading at 18,400, sitting right at a minor horizontal support zone.
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A Short-Term Rebound Before More Downside?
📉 Overall Bias Remains Bearish – The broader trend still points lower.
📈 Rebound Likely – A push above 19,000 in the coming days wouldn’t be surprising.
⚠️ High-Risk Setup – Going long here is risky, given the current macroeconomic backdrop.
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Trading Strategy: Short-Term vs. Long-Term
✅ For Short-Term Traders & Speculators – A temporary upside correction could offer a buying opportunity.
❌ For Swing & Long-Term Traders – It's better to wait for this rebound to fade and position short for the next leg down.
While a bounce could be on the cards, the bigger picture still points lower—I remain bearish in the long run. 🚀
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
NAS100 Weekly Gap: Prime Short Setup or a Trap in Disguise?The weekly gap on NAS100 is lining up as a textbook short target—but will it hold or get steamrolled? While stops beyond the gap offer safer trade placement, downside momentum suggests any pullback may be short-lived. With 16,000 in sight as the next major low, bears have a reason to stay aggressive. Just don’t get caught on the wrong side of a gap fill gone rogue.
Nasdaq Long: Ending DiagonalHi, I made an update 3 hours ago regarding reducing short position and staying neutral because of wave 4. However, it seems like wave 5 of 3 extended and is now showing me an ending diagonal. This changes the assessment from neutral to long as ending diagonal are usually swift and sharp move reversals.
Take note that the last wave of the ending diagonal might itself be an ending diagonal. So my suggestion is to scale in the long and give a slightly wider stop below the lower trendline.
Good luck!
NASDAQ tanking! Do the right thing and CUT RATES NOW Jerome!The market is collapsing, China is retaliating with 34% tariffs and Powell is making jokes!
Well that pretty much sums up the market news since yesterday, with Nasdaq / US100 having the worst day since the COVID crash 5 years ago while President Trump shouting 'the market is going to boom'.
Today China imposed 34% reciprocal tariffs on imports of U.S. goods and the worst of all.. Jerome Powell on his speech a little earlier was making jokes about his purple tie, avoiding to address the elephant in the room and take action!
Nasdaq is testing the August 5th 2024 Low, having crossed even under the 1week MA100 for the first time since May 15th 2023! At the same time the 1week RSI just got oversold at 30.00.
Reminds you of something? Yes that's right the last time Nasdaq broke under its 1week MA100 that fast and got oversold on its 1week RSI was on the week of March 16th 2020: YES the COVID crash.
What happened then? Well dear old Fed stepped up, did what they HAD to and cut rates to near zero (0.25%).
Even President Trump tweeted just a few hours ago that Powell should cut rates now and stop playing politics!
Tariffs are in place and they will pay off very well in the long term. On the shorter term, it is in Powell's hands save the economy.
-- Do the right thing and finally CUT THE RATES Jerome! --
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Nasdaq Elliott Wave Update on Short Position ManagementIn this video, I go through exactly how I plotted the wave counts that I published on 3rd April (linked to this idea). I also show how to estimate price target using support and Fibonacci extensions. Lastly, I talk about trading productivity again and why I recommend to take out some of your short position.
There are 3 main reasons:
1. We have completed wave 3 of 3 and is now going into wave 4 (and wave 4 are notorious for being unpredictable and may even have triple combinations).
2. We are what? 80% in the money and it happens very fast. So productivity wise, it is good to take some money off the table.
3. Weekend risk.
I am putting this idea as "Neutral" even though I am still expecting a wave 5 down. Reason is because we are in wave 4, and also because I pray that I can find time to update again when wave 4 ends and wave 5 of 3 starts.
Good luck!
US100 Downtrend Analysis & Key LevelsAfter analysing the US100 chart, the index has been trading within a downtrend channel since Friday, February 21, 2025. After dropping to 19,131, it attempted a recovery but faced strong resistance at 19,957, leading to a decline. As the saying goes, “ Follow the trend—the trend is your friend. ” Given the ongoing downtrend, US100 may continue to decline toward the next strong support level at 18,489.
Ensure you adhere to proper risk management for long-term success.
Happy Trading
NSDQ100 INTRADAY key trading levels ahead of US NFPKey Support and Resistance Levels
Resistance Level 1: 18435
Resistance Level 2: 18800
Resistance Level 3: 19580
Support Level 1: 17680
Support Level 2: 17300
Support Level 3: 17000
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