NQ: On its way to complete Wave 2NQ has completed both Initial and retrace swings of wave 2 and now NQ is in its way to complete the Impulsive swing.
We got a breakout and retest of the upper TL and price is moving up.
We have Manufacturing and Services data in a few.
1- Inline data: A shy retrace and continuation up/
2- Undershoot: Price might retest again the upper TL.
3- Overshoot: Direct move up.
NDQM trade ideas
Nasdaq - This Is Still Not The End Yet!Nasdaq ( TVC:NDQ ) cannot resist bearish pressure:
Click chart above to see the detailed analysis๐๐ป
Over the past three months, we saw such a harsh correction on the Nasdaq that a lot of people are freaking out entirely. However technicals already told us that something feels wrong and this is the result. If we see another -10% from here, buying the dip will most likely pay off.
Levels to watch: $16.000
Keep your long term vision,
Philip (BasicTrading)
NASDAQ: Stop the noise. Long term investors are buying here.Nasdaq may be recovering on its 1D technical outlook but remains bearish on the 1W (RSI = 37.616, MACD = -451.790, ADX = 38.564) as the timeframe is still under the dramatic effect of the 3 month correction. The market however appears to be finding support a little over the 1W MA200 and may turn out to be the new long term technical bottom as the 1W RSI rebounded from oversold grounds.
The last three times that happened, the index rose aggressively. The 15 year pattern is a Bullish Megaphone and every rally inside it obviously gets stronger. As long as the market is holding the 1W MA200, the trend will be bullish and this is the right opportunity to buy for the long term, aiming at another +113.90% bullish wave (TP = 36,000) to get hit towards the end of 2027.
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US 100 - At a Critical Crossroads The US 100 index shows intriguing price action as it navigates key technical levels. Currently trading at 18,967.2 , the market has formed a clear double top pattern at the resistance zone, suggesting potential exhaustion in the uptrend.
Key Technical Observations:
The chart reveals strong resistance near recent highs around 19,024.3 , with price struggling to break through this ceiling. Below current levels, we spot a double bottom formation that previously provided support, creating an interesting tension between these patterns.
Notable price levels include:
- Resistance: 19,024.3 (double top confirmation)
- Support: 18,961.7 (recent swing low)
- Critical zone: The weakened gap that remains to be filled below current prices
Market Dynamics:
The minimal +0.02% change indicates indecision at these levels. The presence of liquidity pools both above and below suggests potential for volatility when either side gives way.
Trading Considerations:
A break above the double top resistance could signal continuation of the uptrend, while failure to hold current levels may see price test lower supports to fill the gap. The tight range between 18,961.7 and 19,024.3 suggests an impending volatility expansion.
The market appears to be at an inflection point where the next directional move could be significant. Traders should watch for either a confirmed breakout above resistance or breakdown below support before committing to positions.
Final Note: This technical setup presents clear risk/reward opportunities, but requires confirmation before acting. The double top pattern would only be validated by a break below the interim support levels.
Disclaimer: Market conditions can change rapidly. This analysis represents one interpretation of current price action and should be verified with additional indicators. Always use proper risk management.
Fear @ Greed Index In Nasdaq.The potential future decline of the Nasdaq index is attributed to concerns surrounding the Fibonacci level of 1.138, as indicated by the harmonic shark pattern .
At the 0.88 level, the fear index has surpassed the greed index, and it currently stands at 1.138. This apprehension is also affecting those who are typically driven by greed.
US100 Triangle Squeeze โ Breakout or Fakeout?Hey Traders,
Price is currently consolidating within a symmetrical triangle, squeezing between rising support and descending resistance.
Two potential bullish scenarios on watch:
๐น Scenario 1:
Breakout above triangle resistance with confirmation โ Potential rally toward the 19,200โ19,600 zone.
๐น Scenario 2:
Short-term rejection at resistance โ Pullback to triangle support or the 18,370 level โ Then bounce for continuation to the upside.
If the triangle breaks to the downside, Iโll be watching the 18,000 and 17,600 demand zones for a potential reaction.
๐ Key Levels:
Resistance: 18,800 / 19,200 / 19,600
Support: 18,370 / 18,000 / 17,600
โ ๏ธ Not financial advice โ just sharing market insights.
โ Mr. Wolf ๐บ
#US100 #NAS100 #DowJones #Indices #PriceAction #BreakoutTrading #ChartAnalysis #TechnicalAnalysis #DayTrading #SwingTrading #TradingView
NSDQ100 INTRADAY resistance retest U.S. futures rose and the dollar strengthened after Donald Trump eased concerns that had been weighing on markets. He stated he has no plans to fire Fed Chair Jerome Powell, despite ongoing frustrations over interest rates. While this helped calm nerves, Bloomberg's John Authers cautions against viewing it as a major shift in sentiment.
Trump also struck a more conciliatory tone on China, saying he intends to be โvery niceโ in trade talks and suggested tariffs could be lowered if a deal is reachedโindicating a possible softening of his approach toward Beijing.
Key Support and Resistance Levels
Resistance Level 1: 19195
Resistance Level 2: 19600
Resistance Level 3: 20080
Support Level 1: 17820
Support Level 2: 17330
Support Level 3: 16700
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
NAS100 Bulls Rally โ Eyes on 19,860 Resistance Zone!"The NAS100 is sustaining a strong bullish rally after reclaiming the 19,150 ๐ฝ support zone. Price is trading firmly within a bullish structure, but still has some distance to reach the next key resistance at 19,860 ๐ผ.
Currently trading at 19,446, with
Support at: 19,150 ๐ฝ, 18,500 ๐ฝ, 17,600 ๐ฝ
Resistance at: 19,860 ๐ผ, 20,347 ๐ผ
Bias:
๐ผ Bullish: As long as price holds above 19,150, bulls remain in control. A breakout and retest above 19,860 could fuel a further move toward 20,347.
๐ฝ Bearish: A rejection from 19,860 or a break below 19,150 could trigger a decline toward 18,500.
No breakout, no trade.
๐ Disclaimer: This is not financial advice. Trade at your own risk.
US 100 Index - Is 17404/749 Support Important?As European traders return from their extended Easter break they turn on their screens to find US assets back under pressure. The US 100 index dropped 2.2% yesterday to close at 17779, which included a late rally from a mid session low at 17570.
These moves are potentially reflecting a growing unease around numerous important issues, including, a lack of progress in trade talks with US allies, US economic growth concerns and President Trump's on-going challenge to Federal Reserve independence.
Looking forward, US 100 traders have a lot to focus on this week, Tesla reports its earnings after the close tonight, against a backdrop of weekend news reports which suggested it may be about to delay production of cheaper EVs. That aside, investors may also be focused on sales projections for 2025, autonomous driving plans and the impact of tariffs on the company's profitability.
It may well be a similar story when Alphabet reports its earnings after the close on Thursday.
Throw in the latest April Preliminary PMI Survey releases on Wednesday from the developed economies, which could well start to show the impact of tariffs on growth, business sentiment and inflation, and it is possible that the recent US 100 index volatility could continue across the week.
Technical Update: Could Potential Support at 17404/17749 Be Important?
As impressive as the 18% recovery in the US 100 index from the April 7th 2025 low to the April 10th 2025 high (16290 up to 19222) appeared, after the latest price weakness, this upside may prove to be a limited reactive move, although further confirmation may still be required.
As the chart above shows, the latest upside strength saw the index back to what some traders may have viewed as an important resistance, marked by a combination of the declining Bollinger mid-average (18992 at the time) and the 50% Fibonacci retracement of the February 18th 2025 to April 7th 2025 weakness, which stands at 19258.
With the latest price activity seeing weakness materialise again, it might now be suggested
this potential resistance range remains the important focus on the topside, although much will depend on future market sentiment and price trends.
With this in mind, what are the potential supports we might wish to monitor, to help us gauge how much further the current weakness may have to carry?
Possible Support Levels:
Fibonacci retracements can offer an insight into potential support zones, with them possibly able to hold, even reverse price weakness back to the upside. Therefore, 17404/17749, which is equal to the 50% and 61.8% Fibonacci retracements of the April price strength, maybe an area traders are currently focusing on.
However, there could still be potential for a further period of price weakness if this 17404/17749 range is broken on a closing basis. In that case, the next support may well then be represented by the April 7th 2025 session low at 16290, possibly further, if this in turn gives way.
Possible Resistance Levels:
The 17404/17749 support range is still intact, and while this remains the case on a closing basis, attempts at price strength could still be seen. However, with the declining Bollinger mid-average currently at 18648 and having recently seen it reverse attempts at price strength, closing breaks above this level might be required to trigger a more extended phase of strength.
That said, as proved the case in early April, 19258, the 50% Fibonacci retracement level, may also now need to give way on a closing basis, to suggest further attempts to develop price strength towards higher resistance levels.
The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients.
Pepperstone doesnโt represent that the material provided here is accurate, current or complete, and therefore shouldnโt be relied upon as such. The information, whether from a third party or not, isnโt to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readersโ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isnโt permitted.
US NAS100Preferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas.
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Bearish drop off 50% Fibonacci resistance?USTEC is rising towards the pivot and could reverse to the pullback support.
Pivot: 18,606.32
1st Support: 17,788.70
1st Resistance: 18,942.56
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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.
NSDQ100 INTRADAY trend change supported at 18950 Key Support and Resistance Levels
Resistance Level 1: 19590
Resistance Level 2: 20070
Resistance Level 3: 20344
Support Level 1: 18460
Support Level 2: 17820
Support Level 3: 17330
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
NQ/US100/NAS100 Short - Day Trades 1:2 RRRisking 1% to make 2%
NAS100, US100, NQ, NASDAQ short for day trade, with my back testing of this strategy, it hits multiple possible take profits, manage your position accordingly.
Risking 1% to make 2%
Use proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice
X2: NQ/US100/NAS100 Short - Day Trades 1:2 RRX2:
Risking 1% to make 2%
NAS100, US100, NQ, NASDAQ short for day trade, with my back testing of this strategy, it hits multiple possible take profits, manage your position accordingly.
Risking 1% to make 2%
Use proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice
Nasdaq 100 Prepares for Launch โ Reclaiming Critical GroundNAS100 8H TECHNICAL ANALYSIS ๐ป๐ง
OVERALL TREND
๐ UPTREND โ Structure is shifting bullish. Recent higher lows and strong rebounds from April lows confirm the current upward momentum. This is supported by 12/13 Moving Averages flashing BUY , including critical 50- and 200-period EMAs/SMA clusters. MACD and Momentum indicators also favor continued upside.
๐ด RESISTANCE ZONES
22,248.00 โ ๐ด SELL STOPLOSS | Final Pivot High
21,955.77 โ ๐ด SELL ORDER 2
21,364.19 โ ๐ด SELL ORDER 1
๐ฏ TARGETS & BUY ORDERS
21,065.42 โ ๐ฏ TP4 | EXIT THE RALLY
19,989.54 โ ๐ฏ TP3 | Momentum confirmation
19,291.55 โ ๐ฏ TP2 | Mid Pivot Zone
18,286.55 โ ๐ฏ TP1 | Initial Profit Target
17,258.99 โ โ
BUY ORDER 1
16,630.74 โ โ
BUY ORDER 2
16,335.10 โ โ
BUY STOPLOSS | Pivot Low
๐ข SUPPORT STRUCTURE
PIVOT LOW @ 18,286 โ Support holding for now
PIVOT LOW @ 17,258 โ Strong confluence with previous structure
BUY ORDER zones between 16,330 โ 17,258 โ Demand cluster for reversals
๐ค STRUCTURAL NOTES
MACD shows bullish divergence with a rising histogram and crossover confirmation Momentum (+694) and RSI (66.69) suggest strength, though nearing overbought territory Price has reclaimed 10, 20, 50, 100, and 200 MA levels โ rare alignment of major trend confirmation
Only outlier: Hull MA (9) signaling short-term overextension โ may suggest brief consolidation before continuation
๐ GLOBAL TECHNICAL SUMMARY
๐ 12 of 13 Major Moving Averages = BUY
๐ MACD & Momentum Oscillators = BUY
๐งญ Majority of Oscillators = Neutral โ supporting a โcalm before breakoutโ thesis โ๏ธ CCI shows slight overbought = caution near resistance zones
๐ No major bearish divergence detected โ trend remains intact
TRADE OUTLOOK ๐
๐ Bullish Bias above 18,286.55 (TP1) targeting 19,291.55 (TP2) and beyond
๐ Bearish rejection likely near 21,065+ if volume fades โ monitor RSI/MACD
๐ Watch for volume confirmation as we approach 19,989.55
๐งช STRATEGY RECOMMENDATION
CONSERVATIVE BREAKOUT ENTRY:
โ Entry: 18,286.55
โ TP Levels: 19,291.55 / 19,989.55 / 21,065.42
โ SL: Below 17,258.99
RISK-ON DIP BUY STRATEGY:
โ Buy Zone: 16,630 โ 17,258
โ TP: 18,286.55 / 19,291.55
โ SL: Below 16,335.10
โDiscipline | Consistency | PAY-tienceโ