NAS makes a Double Bottom
On 4hr timeframe, We see that NAS makes a Double Bottom, as it forms a Tweezer Bottom candlestick.
There is a Bullish divergence on RSI
NDQ100 trade ideas
NASDAQ: Technical pullback presenting a buy opportunityNasdaq got oversold on 1H due to the strong selling on opening but remains neutral on its 1D technical outlook (RSI = 51.372, MACD = 205.380, ADX = 49.545) as it is still over the 1D MA50. More specifically, it was the rebound on the latter last Friday (Dec 20th) that has initiated the current bullish wave. This is the 5th bullish wave inside the 5 month Channel Up and as long as the 1D MA50 continues to support, we are expecting a new High. As with the prior Highs, we are targeting the 2.382 Fibonacci extension (TP = 22,550).
See how our prior idea has worked out:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
Bearish drop?USTEC is reacting off the pivot and could drop to the pullback support level.
Pivot: 21,309.04
1st Support: 20,948.94
1st Resistance: 21,515.22
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
NASDAQ 100 index / US 100 outlook Based on the previous week rejection of the 21742.33 zone, I'm anticipating price to come back to 21610.60 which is my daily point of interest for sell continuation (a pullback os anticipated) taking the Monday high as Inducement. But I'm looking forward to catching the pullback with the H4 POI: 21045.73 , yesterday's low as Inducement hence buying till we reach my daily poi before the sell continuation.
What's your outlook on this.
Comment let's interact
Don't forget to follow to get notifications of I drop my outlooks.
NAS100USD Short-Term Resistance and Support AnalysisOur Perferance
The NAS100USD is approaching key levels. The chart highlights a strong resistance zone at 21,785 and a short-term resistance near 21,570. The trendline indicates recent bullish attempts, but the price has rejected resistance levels multiple times (circled). Currently, a bearish move toward the identified support area around 20,680 is anticipated. A short position may be considered, targeting the support zone with appropriate risk
Note: This analysis is for educational purposes and not trading advice. Consider market conditions and strategies.
Please do not forget the like button, Share it with your friends,thanks, and Trade safe.
This is the trade for the After 9:30AM guys.This is looking very clean as usual.
This should be the trade of interest for the NAS100 guys.
NAS100 update and buy setupOn our last analysis of NAS100, we were bearish and managed to place sell trades as per our strategy. We are still holding those positions because we are still bearish and we would eventually like to target the 4H low. However, we will be prepping ourselves to take buy positions as per our strategy, while still holding those sell positions. If you want to learn more about how our strategy works, visit our page on X. The link is in the bio.
Actionable Nasdaq insights: 30-Dec-2024Rise and shine, traders! Start your day with actionable Nasdaq insights. Let's grow your skills together, one chart at a time.
Technical Analysis: Bullish Momentum and Key Levels OverviewTechnical Analysis
The price currently exhibits bullish momentum, aiming to reach 21,400. A 1-hour or 4-hour candle closing above 21,400 is expected to drive the price further upward toward 21,540.
Conversely, if a 4-hour candle closes below 21,400, the price is likely to range between 21,400 and 21,220.
Key Levels:
Pivot Point: 31350
Resistance Levels: 21400, 21535, 21620
Support Levels: 21220, 20990, 20860
Trend Outlook:
Consolidation: Between 21,200 and 21,395
Bullish Trend: Above 21,395
Bearish Trend: Below 21,200
$FX:NAS100 long update FX:NAS100
1. Market Context:
• The NAS100 chart shows a recovery phase following a sharp “flash sale” (a sudden drop in price).
• The Christmas rally pushed prices upward, indicating increased buying interest during the holiday season.
2. Liquidity and Demand:
• Price revisited a demand zone, suggesting that institutions or retail traders had pending buy orders in that area.
• The chart notes dark pool liquidity, where institutional buyers/sellers might have been active, hidden from retail traders.
3. Resistance Formation:
• After bouncing back from the demand zone, the price faced resistance, possibly near a Fibonacci retracement or order block level.
• This might suggest sellers gaining control temporarily.
4. Strategic Insights:
• Buyers are defending the demand zone, showing a bullish bias for continuation.
• Resistance at higher levels signals caution for long positions until confirmation of a breakout.
1. Key Levels to Monitor
• Support Zone:
• The demand zone near 21,250–21,300 (highlighted yellow) represents a critical support area.
• Buyers have shown interest here, as evident from the price bounce. If the price revisits this zone, watch for bullish reactions or potential breakdowns.
• Resistance Levels:
• The inner sell-side liquidity (SSL) marked near 21,876 aligns with a significant swing high and could attract sellers.
• Above this, a stronger resistance level appears around 22,100–22,200, aligning with the psychological round number and previous liquidity pool.
2. Fibonacci Insights
• The 50% retracement level (21,561) acts as a mid-level pivot point.
• A bounce off this level earlier suggests it remains a point of interest for bulls.
• However, failure to reclaim this level could lead to a deeper retracement to test the demand zone again.
3. Potential Bullish Scenario
• If the price breaks above 21,876 (inner SSL), the bullish momentum could target:
• 22,000 (key psychological level)
• 22,200 (outer SSL and strong resistance)
4. Bearish Scenario
• A failure to sustain above the 21,561 pivot may trigger:
• A retest of the demand zone (21,250).
• A deeper push towards 21,160 (Fibonacci 50% retracement of the larger downtrend).
5. Dark Pool Liquidity
• Given the mention of dark pool liquidity, these levels may contain institutional activity.
• Demand zones below could see renewed buying pressure if liquidity was not fully absorbed earlier.
• Resistance zones above might see hidden selling pressure as institutions secure profits.
Bullish Scenarios (Buying Opportunities):
1. Rejection and Bounce from Demand Zone (21,250–21,300)
• Entry Criteria:
• Price forms bullish rejection (e.g., pin bar, engulfing candle) at the demand zone.
• Confirmation via lower timeframe bullish structure or volume increase.
• Stop-Loss: Below the swing low, around 21,190–21,200 (to avoid being stopped out by wicks).
• Take-Profit Targets:
1. 21,561: Closest resistance and Fibonacci 50% retracement.
2. 21,876: Inner sell-side liquidity (SSL).
3. 22,100–22,200: Outer SSL and psychological level.
2. Breakout Above Inner SSL (21,876)
• Entry Criteria:
• Price breaks and closes above 21,876 with momentum.
• Look for a pullback to retest the broken level as support.
• Stop-Loss: Below the breakout candle or pullback low.
• Take-Profit Targets:
1. 22,100: Immediate target aligned with psychological resistance.
2. 22,200–22,250: Extended target where outer SSL lies.
Bearish Scenarios (Selling Opportunities):
1. Rejection from Inner SSL (21,876)
• Entry Criteria:
• Price forms a bearish reversal pattern (e.g., double top, engulfing candle) at 21,876.
• Confirmation via lower timeframe bearish structure.
• Stop-Loss: Above the swing high at 21,900–21,950.
• Take-Profit Targets:
1. 21,561: Fibonacci pivot level and mid-range support.
2. 21,300–21,250: Demand zone and key support area.
2. Break Below Demand Zone (21,250)
• Entry Criteria:
• Price breaks and closes below 21,250, signaling bearish continuation.
• Retest of the broken demand zone as resistance offers a better entry.
• Stop-Loss: Above the retest high or broken level, around 21,300–21,350.
• Take-Profit Targets:
1. 21,160: Fibonacci 50% level of the larger structure.
2. 20,900–20,755: Previous liquidity zone and significant support.
Neutral (Range-Bound Trading) Scenario
If price remains between 21,561 (mid-level) and 21,876 (inner SSL):
• Scalping Opportunities: Buy at 21,561 support, sell near 21,876 resistance.
• Avoid taking aggressive trades until a breakout confirms directional bias.
NAS 100: Bullish Trend with Year-End Pullback - Where To Next?In this video, I analyze the NAS 100 on higher timeframes, starting with a quick top-down review to explore a potential trade setup. The three-week and weekly charts indicate a bullish trend; however, as we approach the end of the year, there’s some pullback and uncertain price action. I share my insights on the current market conditions and discuss a possible trade idea. Please note, this is not financial advice.
NASQ100 - just be patient, it will be going up! Hello mates, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trade on what we see the price movement on chart. A key part of my discipline is always setting a Stop Loss when opening a trading position. This ensures every trading position is risk managed. Our 1 to 1 trading training is available, please message. Trade well and good luck!
Nasdaq for sellNow the price will head down after breaking the ascending trend line strongly and retesting the yellow zone
Nasdaq Index Nasdaq Index looks like its about to di 32% more.
Justification: High timeframe RSI bearish divergence and looming debt crisis in the US.
NAS100USD: Targeting Low-Resistance Liquidity ZonesGreetings Traders!
In today’s analysis of NAS100USD, we observe a recent bullish shift in price action, presenting opportunities to capitalize on buying setups. Wednesday’s volatile move to the downside, triggered by the FOMC announcement, created a liquidity void—an inefficiency in price delivery where only sell-side action was present. The market tends to revisit these zones to rebalance, making them key areas of interest.
This liquidity void also qualifies as a low-resistance liquidity zone, where minimal obstacles exist to impede price movement. Consequently, we aim to target price progression through this zone until reaching the high-resistance liquidity zone, the last area where significant price resistance occurred.
Key Observations:
Institutional Perspective: Price moved from a discount zone, where institutions order-paired against sell stops, indicating they are now running their trades toward fair value.
Fair Value Areas: Liquidity voids and fair value gaps are prime zones for institutions to scale out of their positions, making them strategic targets for our trades.
Trading Strategy:
We will look for confirmation to align with bullish institutional order flow and target the liquidity void as a fair value zone. The FOMC-induced displacement provides a clear inefficiency that institutions are likely to use to balance their positions.
Let’s analyze the price action carefully and adapt as the market develops. Share your thoughts or questions in the comments, and let’s navigate the markets together!
Kind Regards,
The Architect
NAS 100 USDNAS100USD Based on Technical Analysis
The NAS100USD chart shows a rejection from the resistance zone at 21,850, followed by a sharp sell-off,
signaling a potential continuation of the downtrend. Price has broken below a key support level (now resistance at 21,460),
indicating bearish momentum.
A short entry is viable below 21,350, with TP1 at 20,800 and TP2 at 20,315, as indicated on the chart.
Fundamental factors such as rising interest rate concerns or economic slowdown fears may further support this bearish scenario.
Ensure to place a stop loss above the recent resistance level to manage risk effectively.
Note: This analysis is for educational purposes and not trading advice. Consider market conditions and strategies.
Please do not forget the like button, Share it with your friends,thanks, and Trade safe.
significant support/resistance area multiple times in the past.On the NAS100 chart, the price has reached a key resistance zone (highlighted in purple) after a strong upward movement and is now facing selling pressure. This zone has acted as a significant support/resistance area multiple times in the past.
Expectations: Based on this analysis, the price is currently in a corrective move and is likely to move toward the support zone at 20,750 - 20,950.
Proposed Scenario: If the bearish momentum continues and this support zone is broken, the price could decline further. However, if the price bounces off this zone, it may present a good opportunity to re-enter long positions.
Key Resistance: 21,250
Key Support: 20,750
This analysis is based on price behavior around key support and resistance levels. Let me know if you’d like any modifications or additional details!
NASDAQ correction phase #NASDAQ is making a correction like ABC wave this pattern can force the crypto market to drop !
this is an unwrited rule ! but it will happen !
Nasdaq NDQ - Trading Expectations for January 2025Based on the historical weekly charts from Dec. 2022-Jan. 2023 and this past year Dec. 2023 - Jan 2024, we see a similar pattern emerge in the previous 2 years and now again at the end of December 24 - Jan 25 the set up is eerily familiar... Based on this premise I am expecting a similar investor style of mentality whereby the New Year brings renewed excitement and sentiment to make $$.
Final day for trading in 2024Today Is Final Day of 2024 Trading; Markets Closed Tomorrow
Investors are preparing to take a break from trading with the New Year's Day holiday Wednesday, when both stock and bond markets will be closed. Today, bond markets will close early at 2 p.m. ET. Markets will resume normal trading hours on Thursday for the first trading session of 2025. It's been a positive year for stock indexes, with the tech-focused Nasdaq gaining about 30%, the S&P 500 higher by nearly 24%, and the Dow Jones Industrial Average up 13%.
Purely TechnicalOn the close of last week Friday, nasdaq found support at 21,300-21,280… A closer examination of the 15-30min timeframe chart shows a *double bottom* chart pattern formation… Going into Monday, we’re looking of price to slightly pullback to the support zone at for buy entry. Price will be retracing to for profit taking . If price does consolidate at this lvl sell positions can be entered for further continuation of the pending fall to
50 day moving average
200 day moving average
US100 Trading IdeasThe 15-minute and 1-hour charts indicate potential recovery with higher lows forming, signaling a short-term bullish momentum.Enter near 21,210 after a pullback and confirmation of bullish momentum (e.g., a bullish engulfing candle).
Long Trade Setup:
Entry: 21,210
Stop Loss: 21,180
Take Profit: 21,300 (T1), 21,400 (T2)
If the price rejects 21,300-21,330 resistance with bearish candlestick confirmation (e.g., a shooting star or bearish engulfing), a short setup can be considered.Look to sell near 21,310, preferably after rejection at resistance with confirmation.
Short Trade Setup:
Entry: 21,310
Stop Loss: 21,350
Take Profit: 21,200 (T1), 21,100 (T2)
Nasdaq price is hovering around trendline support.Nasdaq price is hovering around trendline support. It may continue its uptrend till support is holding price.
